|APY||ACCOUNT TYPE||ACCOUNT NAME|
|1.60%||3-year CD||3 Year CD|
1.55% - Ally Bank High Yield 3 Year CD
|2.00%||5-year CD||5 Year CD|
1.85% - Synchrony Bank 60 Month CD
|1.30%||1-year CD||1 Year CD|
1.05% - Ally Bank High Yield 12-Month CD
E-LOAN is a nationwide financial services company that is dedicated to providing consumers with a simple, easy and open way to obtain high yield savings accounts and CDs. Their web site also provides access to several preferred, nationally recognized lending partners that may be able to assist you in obtaining a loan that meets your financial needs.
E-Loan allows only one external account for transferring money in or out of E-Loan; AND you can only change the external account after 60 days and after you have verified trial deposits. E-Loan also does not allow any external bank to pull or push money from or to E-Loan. And when you open a CD you must specify whether the interest will accumulate or will be paid monthly to the external account; and you cannot change that decision for the entire term of the CD. So when an E-Loan CD is nearing maturity you must consider carefully where to send the principal; it would not be easy to use it to open another CD at a different bank.
First, their website doesn't work, how hard is to get a decent website nowadays...... second, I "opened" an account online and waited for the deposit verification, nothing happened after a few days so I called them, they said "Oh, something went wrong with your application so we didn't do it".....OK, did someone try to call me to tell me that, send an email or anything ? NO !! I had to call to find this myself, this is how these people expect to get business.....
I was looking for a small loan to help out my Family. I responded to an email then received a call. At this point I could tell things were not right. I felt like a student at Trump university. The guys talk the scam artists that Trump employed to scam those people.
So the guy asks for my banking info to send a direct deposit via check to my account. I check my account and recognize that not the amount I wanted to borrow, $3000 but rather $990. Which I'm supposed to withdraw and sent to him to verify my account.
In lieu of those funds being available now, they are on hold for 5-7 business days. Per my bank the hold is because the bank routing number on the check was a fraud. Yes, fraud. USAA bank has obviously encountered these guys before, thank God. As I write this review I got a call from them wanting to continue with my business. Unreal!! I have explained to the guy, Sean, in no uncertain terms what I have encountered and he's trying to tell me I am wrong. Boys they are desperate and for the totally uneducated or not aware of the world or just going individuals.
If nothing else happens to your lives, DO NOT DO BUSINESS WITH THIS COMPANY. Regardless of your situation you'll be better off.
I'd give zero stars but it's not possible.
|FDIC Certificate #||34967|
|Return on Assets - YTD||0.53%|
|Return on Equity - YTD||2.32%|
|Annual Interest Income||$150.3MM|
|Assets and Liabilities|
|Assets||Q2 2016vs Q2 2015||$8.22B$7.46B|
|Loans||Q2 2016vs Q2 2015||$5.18B$4.49B|
|Deposits||Q2 2016vs Q2 2015||$5.48B$4.79B|
|Equity Capital||Q2 2016vs Q2 2015||$1.85B$1.93B|
|Loan Loss Allowance||Q2 2016vs Q2 2015||$37.4MM$30.0MM|
|Unbacked Noncurrent Loans||Q2 2016vs Q2 2015||$101.4MM$29.0MM|
|Real Estate Owned||Q2 2016vs Q2 2015||$3.1MM$3.5MM|
Always verify rates and promotions with the bank or credit union. We are not E-LOAN.com; 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|
|OTHER TIERS: 0.20% → $5k - $10k | 0.25% → $10k - $25k | 0.30% → $25k - $50k | 0.35% → $50k - $100k|
|APY||MIN||MAX||ACCOUNT NAME||VIEW DETAILS|
|2.00%||$10k||-||5 Year CD|
|1.75%||$10k||-||4 Year CD|
|1.60%||$10k||-||3 Year CD|
|1.55%||$10k||-||2 Year CD|
|1.55%||$10k||-||6 Year CD|
|1.35%||$10k||-||18 Month CD|
|1.30%||$10k||-||1 Year CD|
|0.85%||$10k||-||6 Month CD|
|0.60%||$10k||-||3 Month CD|
|0.45%||$10k||-||9 Month CD|
|0.05%||$10k||-||1 Month CD|
|0.05%||$10k||-||2 Month CD|
E-LOAN.com is an Internet only bank and does not have branch locations. Its headquarters is located at 85 Broad Street, 10th Floor - New York, NY 10004