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 4X the national average, and it has an A health rating.
Related Posts
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!
Excellent Financial Choice
I decided after a recommendation from a close work colleague to do business with BAC Florida Bank a few years back. I've never had a problem with their timely and professional customer service, and I would strongly recommend them to a friend. One story in particular that stands out in my mind is when I had a whole mess of bills all go through at once and this caused an overdraft of my account. I started seeing the overdraft fees popping up and with each transaction, a new overdraft fee would follow. I immediately transferred money into the checking account and spoke with one of their representatives. Unlike other banks, because these guys are awesome, they said they understood the issue, and did not want to lose me as a customer, so they refunded all but one of the fees! I couldn't have been more happier at the time, and I couldn't be happier with them now. Great company.
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"!!!???
Never Open The Account With BAC Florida Bank
Be careful, very small bank with terrible services. No 1099 on time. No statement. And high penalty !
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 |