My eBanc is the 388th largest bank in the nation. It was established in 1973 and as of June of 2022, it had grown to 232 employees. My eBanc's money market rates are 10X the national average, and it has an A health rating.
Related Posts
12/15 - My Ebanc 4.18% APY Savings & MMA
12/3 - My eBanc SuperSaver Money Market Account Is New Rate Leader
8/16 - My eBanc Boosts Nationally Available 36-Month CD Rate
3/6 - Rate Drops - Highest Rate Now 1.75% APY
3/8 - My eBanc Ups Super Saver Money Market To 2.25% APY
4/12/18 - My eBanc Ups 12-month Online Time Deposit Rate
2/13/18 - My Ebanc 2.05% APY For 12 Months
2/3/18 - My Ebanc Raises CD Rates Across All Terms (E.G, 2.05% APY For 12 Mos)
1/10/18 - My eBanc Hikes Rate On Super Saver MMA
11/22/17 - My eBanc Boosts 12-Month Jumbo Online Time Deposit
7/28/17 - My e-BAnC's 12-Month Flex Time Deposit Has 2 Penalty-Free Withdrawals
6/15/17 - My e-BAnC Increases Super Saver Rate
3/31/17 - My e-BAnC Raises Jumbo Time Deposit Rates
2/26/17 - My e-BAnC Adds Super Saver and Ups 12-Month CD Rates
12/5/15 - My e-BAnC by BAC Florida Bank Increases Rates On 12-Month CD
12/5/14 - BAC Florida Bank Raises Rate On 12-month CD - Nationally Available
5/22/14 - Top Internet Jumbo CD Rates at BAC Florida Bank
Superb Bank
Been with this bank for about 10 years now. They offer excellent rates and even better customer service. Hugo is always very attentive and makes every effort to cater to my needs. Since I use this bank mainly to park funds long term I cannot comment on day to day banking experiences here but the few times I have had to take care of minor banking issues it has been taken care of immediately. I do wish they had a more user friendly website though! My only negative feedback would be that one is only allowed to withdraw $10K per day/$30Kpm online or pay $40 for a wire transfer. But I will live with it since I really like and trust this bank!
WORST WEBSITE EVER!!!
I trusted some money due to highest APY with reasonably respected bank. But, try to add an account or do anything on their website and it must have 20yo programmers. I have to call each time. If i send a message, i get a response in broken English which questions professionalism in my opinion. The answer from Cust. Serv was something like, "you cannot add from that site/address....that's only for looking at accounts..." I WAS LOGGED IN AND COULD NOT DO ANYTHING ...I HAD TO RETURN TO "X"!!!???
Ticket Status
Long delay in getting back status on ticket or no response at all
5.23% Didn't Last Long
Looks like the 5.23% 12-month and 18-month CDs didn't last long and neither did their 4.97% 6-month CD. Oh, well.
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 21265 |
| Year Established | 1973 |
| Employees | 232 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.79% |
| Return on Equity - YTD | 8.52% |
| Annual Interest Income | $41.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $2.95B$2.21B |
| Loans | Q2 2022vs Q2 2021 | $2.17B$1.66B |
| Deposits | Q2 2022vs Q2 2021 | $2.58B$1.85B |
| Equity Capital | Q2 2022vs Q2 2021 | $263.8MM$252.7MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $18.3MM$14.9MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $1.5MM$6.9MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$587.00K |