BB Americas Bank is headquartered in Miami and is the 25th largest bank in the state of Florida. It is also the 904th largest bank in the nation. It was established in 1986 and as of June of 2022, it had grown to 178 employees at 4 locations. BB Americas Bank's money market rates are 4X the national average, and it has an A health rating.
As a Brazilian myself, I expected highly from this bank. Instead, I'm rather dissatisfied with the service they provide. They're amateur and have impossibly terrible costumer service. They are so underdeveloped that they don't even have a mobile app of their own. I wouldn't recommend this bank to any of my countrymen.
I called and asked the CSR what documents we need to bring to open a CD in the name of a trust. After being placed on hold and passed to several CSR reps, they stated I need to bring in our entire trust document. I never heard of that before, Usually financial institutions only ask for the title page or abstract. Our trust documents is in binders so I have to go elsewhere and pass on their great rates.
Overall | |
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FDIC Certificate # | 26725 |
Year Established | 1986 |
Employees | 178 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.4% |
Return on Equity - YTD | 5.11% |
Annual Interest Income | $14.8MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $1.09B$812.3MM |
Loans | Q2 2022vs Q2 2021 | $641.5MM$460.2MM |
Deposits | Q2 2022vs Q2 2021 | $1.01B$726.0MM |
Equity Capital | Q2 2022vs Q2 2021 | $74.5MM$79.3MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $7.6MM$6.2MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $1.3MM$1.7MM |
Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
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* 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 |
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0.25% | $1k | - | Savings Account |
BB Americas Bank Locations | ||
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Banco Do Brasil Americas | 1221 Brickell Ave | Miami, FL 33131 |
Orlando Branch | 5403 International Drive | Orlando, FL 32819 |
Lighthouse Point Branch | 3450 N. Federal Highway | Lighthouse Point, FL 33064 |
Aventura | 17900 Bicayne Boulevard | Aventura, FL 33160 |