Bank of the Ozarks got its start in 1903 as a community bank in Jasper, Arkansas. Its second location opened in Ozark, AR in 1937. Today, Bank of the Ozarks has more than 200 branch locations in several different states. Its headquarters is in Little Rock, AR.
Bank of the Ozarks offers a range of personal depository banking products. These include personal checking, savings, money market, and Individual Retirement (IRA) accounts. All of its checking accounts feature unlimited check writing, debit cards, online and mobile banking, and overdraft protection. Its savings account options also include online and mobile banking, as well as automatic deposits and transfers from checking accounts. Currently, Bank of the Ozarks offers six different IRA options: Traditional, Roth, Educational, Simplified Employee Pension (SEP), Rollover, and Inherited. In addition to these personal deposit products, Bank of the Ozarks also offers credit cards, prepaid cards, personal loans, and mortgages.
On the business side, Bank of the Ozarks offers a range of business checking account options, each account tailored to a particular volume of transactions per month. These business checking accounts feature online and mobile banking, as well as online bill payments. Bank of the Ozarks also offers a commercial savings account, as well as two different money market account options for businesses, depending upon the opening balance. These business savings and money market accounts also feature free online and mobile banking.
Related Posts
6/30 - Bank OZK Ups 13-Month CD Special APY To Near-Rate Leading Level
5/17 - Bank OZK New 13 Month CD At 5.20 APY
7/5/20 - Bank OZK 11-Month Online CD Special Removed Replaced W/ 10-Month 1.20% APY CD Special
7/14/19 - BANK OZK 2.25% APY 8-Month CD Special
4/16/18 - 15 Month CD Special
3/12/18 - Bank Of The Ozarks Has Increased Their 11 Mo CD To 2.01% APY From 1.80%
3/8/18 - 11 Mo CD Deal In South Florida 1.80%
10/1/17 - 1.61% 13 Month CD Special In South Florida
8/7/17 - 1.55% 13 Month CD Special In Fort Lauderdale
9/13/16 - Bank of the Ozarks Offers 13-Month CD Special
9/11/16 - Bank Of The Ozarks 13 Month CD Special In Dallas/Fort Worth
6/17/16 - Bank of the Ozarks Has 15-month CD Special (NYC only)
6/16/16 - Bank Of The Ozarks 15 Month CD 1.36% APY
5/22/16 - 13 Month CD Special - 1.36% - DFW Metroplex Only
11/19/15 - Bank of the Ozarks Has 15-Month CD Special - DFW Branches Only
9/22/14 - Bank of the Ozarks High Rate 13-Month CD Special - Locally Available Only
9/21/14 - 13-Month CD Special 1.20% APY
8/23/10 - 9-Month CD and Money Market Promotion at Bank of the Ozarks in Dallas - Local Only
11/27/09 - High-Yield Savings Account (5% for first $1K) at OMNIBANK in Texas - Local Only
9/8/08 - EXPIRED: 4.01% CD with Terms of 5 to 13 Months at Bank of the Ozarks in Dallas
4/17/08 - 4.07% Money Market Account in Dallas at Bank of the Ozarks
4/17/08 - 5.05% 5-Month / 5.05% 12-Month CD at a Texas Bank (Bank of the Ozarks).
8/26/07 - 5.75% 6-Month / 5.75% 12-Month CD at a Georgia Bank (Woodlands)
7/17/06 - 4.07% Checking Account at a Texas/Arkansas Bank
New Customer- Happy So Far!
I called this branch to find out what their rates were for a CD and got a very friendly and knowledgeable person answering my questions. I decided to go ahead and open a CD with them and when I went to the branch my account was opened by the same person I had talked to on the phone. Their rates for what I was doing are higher than the mega banks and their customer service is way better than my current bank (Wells Fargo). They did not try and sell me anything else and seemed glad to have the new business. It felt personal here, not corporate. As I said I am new with this bank, but so far, so good. I am happy with the service, rates and overall experience.
Bad Business
RUN RUN RUN from this bank when looking for a loan!!!! They sit on your money and refuse to release your title even days after the loan has been satisfied in cash!!!! NEVER HAVE HAD SUCH A HORRIBLE EXPERIENCE WITH A BANK!!! i AM ONLY GIVING THEM ONE STAR RATING BECAUSE IT WILL NOT LET ME SUBMIT THE REVIEW WITHOUT IT.
THEY ARE A ZERO! Subject is too short, OK, Google them they are losing money. Again I will tell everyone,
I post it everywhere " DO NOT DO BUSINESS with this bank! They should be ashamed of of the way they conduct business.
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 110 |
| Year Established | 1903 |
| Employees | 2831 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.98% |
| Return on Equity - YTD | 13.4% |
| Annual Interest Income | $1.3B |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $36.84B$30.76B |
| Loans | Q2 2024vs Q2 2023 | $28.27B$23.34B |
| Deposits | Q2 2024vs Q2 2023 | $29.94B$23.98B |
| Equity Capital | Q2 2024vs Q2 2023 | $5.41B$4.81B |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $407.1MM$263.2MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $83.8MM$40.7MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $70MM$61.6MM |
