I don't usually review but I did have a strange experience with opening up an on-line money market account.
I opened it on-line and the next day linked it online to an account at another bank so I could fund this new account. It then took three business days before the trial test amounts appeared in the EBSB account so that I could link them. Once they appeared, I transferred the funds to the EBSB account. Five days later the funds came back. I called my bank and they said the EBSB account had been closed.
I called EBSB and it said that I hadn't funded my account quickly enough. I told it that I couldn't see how it was possible to fund it any more quickly than I had online.
Over the years I've had online accounts at several different banks and can't recall ever having this problem with another one.
|FDIC Certificate #||33510|
|Return on Assets - YTD||0.88%|
|Return on Equity - YTD||7.64%|
|Annual Interest Income||$151.2MM|
|Assets and Liabilities|
|Assets||Q4 2016vs Q4 2015||$4.35B$3.38B|
|Loans||Q4 2016vs Q4 2015||$3.90B$3.05B|
|Deposits||Q4 2016vs Q4 2015||$3.51B$2.75B|
|Equity Capital||Q4 2016vs Q4 2015||$467.8MM$424.5MM|
|Loan Loss Allowance||Q4 2016vs Q4 2015||$40.1MM$33.4MM|
|Unbacked Noncurrent Loans||Q4 2016vs Q4 2015||$12.9MM$30.6MM|
|Real Estate Owned||Q4 2016vs Q4 2015||$0$0|
Always verify rates and promotions with the bank or credit union. We are not EBSB Direct; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
|APY||MIN||MAX||ACCOUNT NAME||VIEW DETAILS|
|0.88%||$5k||-||High Yield Savings Account|
EBSB Direct is an Internet only bank and does not have branch locations. Its headquarters is located at 10 Meridian Street - Boston, MA 02128