Got the money market checking account with 2% but it quickly was lowered to 0.75 which was half the rate of other banks. Website is nice and you can get a person on the phone quickly. But they would not allow me to transfer to external account without major hoops. Security and public records questions, two sub-$1 transfers, and the kicker, a real statement from the other bank. It will cost $15 to close if the account isn't open 180 days.
Advertised a money market account at 2.00%. Opened an account and within a month two downgrades to 1%, tried to withdraw my money after the 180 day period and could not close the account. Stay away from these rascals.
Overall | |
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FDIC Certificate # | 58979 |
Year Established | 2009 |
Employees | 1470 |
Primary Regulator | OCC |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.66% |
Return on Equity - YTD | 7.32% |
Annual Interest Income | $1.07B |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2020vs Q4 2019 | $34.88B$32.78B |
Loans | Q4 2020vs Q4 2019 | $23.63B$23.08B |
Deposits | Q4 2020vs Q4 2019 | $27.81B$24.63B |
Equity Capital | Q4 2020vs Q4 2019 | $3.29B$3.10B |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $257.3MM$108.7MM |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $206.5MM$146.9MM |
Real Estate Owned | Q4 2020vs Q4 2019 | $3.1MM$3.9MM |
Always verify rates and promotions with the bank or credit union. We are not BankUnitedDirect; we are a rate comparison website and cannot provide official rates or promotions.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.25% | - | $250k | Online Money Market |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.30% | $1k | $250k | 12 Month CD | |
0.15% | $1k | $250k | 18 Month CD | |
0.15% | $1k | $250k | 24 Month CD | |
0.15% | $1k | $250k | 36 Month CD | |
0.10% | $1k | $250k | 9 Month CD | |
0.05% | $1k | $250k | 6 Month CD |
BankUnitedDirect is an Internet only bank and does not have branch locations. Its headquarters is located at 14817 Oak Lane - Miami Lakes, FL 33016