Checking accounts and the Betterment Visa Debit Card provided and issued by nbkc bank, Member FDIC. Checking made available through Betterment Financial LLC. Neither Betterment Financial LLC, nor any of their affiliates, is a bank.
|FDIC Certificate #||35014|
|Return on Assets - YTD||0.97%|
|Return on Equity - YTD||6.39%|
|Annual Interest Income||$5.7MM|
|Assets and Liabilities|
|Assets||Q1 2022vs Q1 2021||$1.06B$1.21B|
|Loans||Q1 2022vs Q1 2021||$519.6MM$575.1MM|
|Deposits||Q1 2022vs Q1 2021||$857.9MM$976.4MM|
|Equity Capital||Q1 2022vs Q1 2021||$161.8MM$182.7MM|
|Loan Loss Allowance||Q1 2022vs Q1 2021||$9.7MM$10.2MM|
|Unbacked Noncurrent Loans||Q1 2022vs Q1 2021||$2.0MM$1.3MM|
|Real Estate Owned||Q1 2022vs Q1 2021||$0$218.00K|
Rates for Betterment are currently being reviewed.
Betterment is an Internet only bank and does not have branch locations. Its headquarters is located at 61 W. 23rd Street, 4th Floor - New York, NY 10010