My eBanc is the 436th largest bank in the nation. It was established in 1973 and as of December of 2021, it had grown to 214 employees. My eBanc's money market rates are 48% higher than 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 - My eBanc Ups 12-month Online Time Deposit Rate
2/13 - My Ebanc 2.05% APY For 12 Months
2/3 - My Ebanc Raises CD Rates Across All Terms (E.G, 2.05% APY For 12 Mos)
1/10 - My eBanc Hikes Rate On Super Saver MMA
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
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 !
BAC Florida Bank goes the extra mile to ensure a great experience!
I had previously held a checking account with JP Morgan Chase and had never opened my own checking account except for a joint account with my father when I was younger. I decided to switch on over to BAC Florida being as I had heard such great reviews from a few of my friends and neighbors. From the second I walked in the door, I was greeted with such kindness and helpfulness. The lady that helped me open my account and transfer my funds was very sweet and continued to ask me questions on what my financial goals were for the next few years and went ahead and gave me some tips and pamphlets on how to reach them. She assured me that there were no minimum balance requirements for my savings account and went over all the additional info regarding fees and such prior to my departure. Overall their customer service is truly 5 star and I love the convenience of their online banking. I have been very pleased and I recommend them to anyone in the area!
Data as of Q4 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 21265 |
| Year Established | 1973 |
| Employees | 214 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.55% |
| Return on Equity - YTD | 5.05% |
| Annual Interest Income | $69.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2021vs Q4 2020 | $2.63B$2.21B |
| Loans | Q4 2021vs Q4 2020 | $1.92B$1.61B |
| Deposits | Q4 2021vs Q4 2020 | $2.26B$1.84B |
| Equity Capital | Q4 2021vs Q4 2020 | $260.8MM$247.1MM |
| Loan Loss Allowance | Q4 2021vs Q4 2020 | $16.9MM$14.4MM |
| Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $4.7MM$11.5MM |
| Real Estate Owned | Q4 2021vs Q4 2020 | $84.00K$864.00K |