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I Opened My Account Online Last Year (2009) And Was Able To Verify My Documents By Faxing Them

Posted by: Anonymous | Mar 9, 2010

I opened my account online last year (2009) and was able to verify my documents by faxing them.

My account has been earning the interest (strated with 4.59% APY) for the last few months.

I also use my card at other ATM machines and get it refunded when the requirements are met.


Awe some bank..i just wish the max deposit is higher than $25k ( $50K like view point bank)



Great Bank!

The interest earned on this account is one of the best you can find anywhere. I don't understand the reviewers who give this a low rating and say that it's difficult to get the rewards rate. Nothing could be further from the truth. I've been with Bank of the Sierra since early this year, and so far it has been fantastic!

My only disappointments are that the interest rate has dropped since I opened the account (from 4.09% to a still excellent 3.09%), and the website is really not too great, in my opinion. Thus, 4, not 5, stars. But all in all I am very happy! And it is nice to support a local bank and not one of the big boys like Chase.

I Opened Several Accounts About 6 Months Ago And Have No Issues

Posted by: Anonymous | Feb 26, 2010

I opened several accounts about 6 months ago and have no issues.  Great interest rate.  I would recommend to otheres.

Bank Of The Sierra

Posted by: ekat | Nov 9, 2010

Thankfully, I've only had good experiences with this bank so far. (Knock on wood, after reading some of the other reviews.)  When I've called, a CSR usually answers directly (w/o navigating a phone system). They've all been pleasant and helpful.

I obtained a Rewards Ckg a year ago and just found out about Rewards Savings (2% if Rewards Ckg qualifications are met, since they're linked.)  When I called about applying online again, I learned it's not necessary.  Just log in to my account, hit "Services" on the left menu, then "Bank Mail" on its drop-down, then the "New" button (bottom right under mail box.) 

I wrote requesting Rewards Savings, and it was executed a few hours later.  Same day. I just need to fund it with "new money" (external source via ach or check mailed, etc.)  They're mailing the info packet, but I can fund anytime.

After reading some of others' difficulty with this bank, maybe my initial app went more smoothly because I live in-state?  Maybe the bank had a tougher time processing out-of-state apps? (Moot now that they're no longer accepting out-of-state.)  My qualifying record isn't perfect, but the mistake was ultimately a misunderstanding on my end.  Chalk it up to learning curve on both sides, since this was my first rewards checking.  All in all, I'm pleased so far.

Btw or fyi - for those not familiar with CA, this bank is located in Central CA, which is rural/suburban. Very community oriented v. large urban or major market institutions. It's not L.A. or S.F., even tho' many community-based banks within those big cities can be basic in how they operate.

With everyone chasing rates, it seems the sudden national demand overwhelmed many of these community banks, who weren't yet that experienced, both personally and technically, in handling the range of situations and attitudes in such volume.  I've noticed evolving differences between banks that are local, national, national-turned-local, and local-turned-national. Then again, the economy these last few years put all of us on a learning curve.

Which is why I've appreciated all the info and insight from BG/DA, since it's facilitated for me, anyway, dealing more effectively with various banks.  My patience seems tied to my expectations.

Thanks BG!




Health Grade Components

FDIC Certificate #22597
Year Established1978
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.96%
Return on Equity - YTD7.96%
Annual Interest Income$32.0MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$1.84B$1.73B
LoansQ2 2016vs Q2 2015$1.15B$1.06B
DepositsQ2 2016vs Q2 2015$1.49B$1.47B
Equity CapitalQ2 2016vs Q2 2015$220.9MM$212.8MM
Loan Loss AllowanceQ2 2016vs Q2 2015$10.0MM$10.5MM
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$5.2MM$15.6MM
Real Estate OwnedQ2 2016vs Q2 2015$2.9MM$3.4MM
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

Bank of the Sierra Savings Account Rates

0.59%*-$25kSierra Reward Savings - Qualifying
OTHER TIERS: 0.25% $25k+

Bank of the Sierra Checking Account Rates

0.89%*-$25kSierra Reward Checking - Qualifying
OTHER TIERS: 0.25% $25k+

Bank of the Sierra has 32 locations. Click to view all Bank of the Sierra locations.