HSBC is headquartered in TYSONS and is the 2nd largest bank in the state of Virginia. It is also the 25th largest bank in the nation. It was established in 2004 and as of June of 2024, it had grown to 1,915 employees at 22 locations. HSBC's CD rates are 4X the national average, and it has a B health rating.
Related Posts
5/10 - Business Elite Savings Account: 2.01%, $10,000 New Money
1/26 - "1.50% TOWARDS CELEBRATING ANYTHING YOU WANT" 8 Month CD @ 1.50%APY
10/30 - Earn $350 When Opening New HSBC Advance Checking Account
3/3 - HSBC Offers Limited-Time 5-Month Promo CD
3/2 - 1.30% APY 5-Month CD - $1,000 Minimum - Offer Closes April 28.
2/13 - 1.25% APY Premier Savings $100K Minimum New Money Deposit
9/19/16 - HSBC Latest Checking Bonus Earns $350
9/8/16 - $350 Checking Bonus With Minimal Requirements: Simply & Quick
6/16/16 - Up To $500 Referee Bonus And $100 Referer Bonus through July 1, 2016
1/25/16 - HSBC Promotional Premier And Advance Savings 1.01% APY
12/19/15 - 0.75% Interest Boost For Premier Savings After Promotional Premier Ends
10/20/15 - Callable Step-Up CD
9/29/15 - HSBC Has Limited Time Advance Customer $350 Bonus
5/15/15 - HSBC Has High APY on Promotional Advance Savings - Limited Time Offer
5/13/15 - 1.5% Savings Account - Rate Good Through 1/19/16
11/7/14 - HSBC Promotes Advance Checking with $300 Bonus
2/13/14 - HSBC To Provide Free Security Device For Safer Online Banking
1/26/14 - HSBC Imposes Restrictions On Large UK Cash Withdrawals
8/6/13 - HSBC In UK Says Embassies And Vatican, You Have 60 Days To Find A New Bank
1/4/13 - Another Rate Drop At HSBC
12/10/12 - HSBC Rates Down Again
11/5/12 - HSBC Fears U.S. Money Laundering Fines To Top $1.5 Billion
8/21/12 - HSBC To Charge $12 Per Incoming External Xfer
7/31/12 - Rate Drop At HSBC
1/25/12 - Senate Is Investigating HSBC Bank For Money Laundering
8/4/11 - Special Offer From HSBC
8/2/11 - HSBC Branch Sale: The Known And The Unknown
7/31/11 - HSBC Bank USA Selling 195 Branches To First Niagara Bank
6/17/11 - HSBC To Sell Upstate New York Branches
4/17/11 - $25 Bonus In Savings Account... Current Savers Only
11/30/10 - HSBC Rate Drop
9/28/10 - HSBC Premier Promo Bonus
9/23/09 - HSBC Direct's Rate Promotion Extension and HSBC Bonus Update
9/11/09 - HSBC Direct Online Payment Account $50 Bonus
8/1/09 - HSBC Direct's Online CDs - Competitive Rates with Some Nice Features
3/3/09 - Checking Account Bonus and Latest News at HSBC
1/21/09 - $150 Gift Checking Account Bonus at HSBC Bank
12/16/08 - $100 Checking Account Bonus at HSBC Bank
11/27/08 - 4.00% 6-Month Online CD at HSBC Direct
10/3/08 - HSBC Direct's New 6.00% Savings Account Promo
6/3/08 - Update on HSBC Online Savings Account Promo and a New Checking Account Bonus
6/2/08 - HSBC Direct's New Savings Account Promo - 3.50% Guaranteed to 8/15/08
4/22/08 - Update on HSBC Checking and Savings Account Bonuses
4/22/08 - HSBC Checking and Savings Account Bonuses
12/21/07 - HSBC Direct Lowers Savings Account Rates - Offers More CDs
12/3/07 - $25 Bonus for Paying Bills Using HSBC's Online Payment Account
9/26/07 - $75 Bonus for HSBC Interest Checking Account - Online Savings Account Yield Falls to 4.50%
8/26/07 - $75 Bonus for HSBC Interest Checking Account - Update
6/4/07 - Details About HSBC Direct's Online Payment Account
5/29/07 - HSBC Direct's New Online Payment Account
5/25/07 - HSBC Direct's Next Offer?
4/28/07 - $50 Sign-Up Bonus for HSBC Premium Money Market Plus Savings Account
2/25/07 - $75 Bonus for HSBC Interest Checking Account
2/9/07 - Problems at HSBC's US Operations
1/28/07 - HSBC's 6% Savings Account Promo Update and $25 Checking Account Bonus
1/16/07 - HSBC's New Website - Not Much Change for Current Customers
10/27/06 - Another $25 Bonus at HSBC for Using Bill Pay
8/19/06 - 6.50% 12-Month CD at a HSBC New York Branch.
8/19/06 - HSBC Smart Package Signup Bonus - Valued at $179
7/17/06 - $25 Bonus for Using HSBC Bill Pay
6/30/06 - HSBC Direct Raises Savings Account to 5.05%
6/20/06 - HSBC Direct Online Savings Now 4.80%
6/10/06 - HSBC Signup Bonuses - Online Savings Account and Checking Account
5/18/06 - It's Official. HSBC Online Savings Account Now at 4.65%
5/17/06 - HSBC Direct's Online Savings Being Raised to 4.65%
5/3/06 - $25 HSBC Checking Account Bill Pay Deal
3/26/06 - $50 HSBC Smart Checking Package Bonus Update
3/17/06 - HSBC Savings and Checking Account Bonus Updates
2/21/06 - New and Extended HSBC Checking Account Bonuses
2/1/06 - Official Details on HSBC's 4.80% Savings Account
1/30/06 - HSBC Direct Raises Savings to 4.80%
1/29/06 - Will HSBC's Savings Reach 4.50% This Week?
1/22/06 - HSBC Smart Checking Package $50 Bonus
1/5/06 - Timing Your HSBC External Transfers
12/29/05 - HSBC Direct Signup Bonus Received
12/20/05 - Opening an HSBC Online Savings Account
12/15/05 - HSBC Raises Savings to 4.25%
11/30/05 - HSBC's New $25 Signup Bonus
11/4/05 - HSBC Online Savings Rate Now 4.0%
10/8/05 - HSBC's New Signup Bonus
9/20/05 - More Talk About HSBC's OnlineSavings Bonus
9/6/05 - HSBC Signup Bonuses?
9/1/05 - HSBC Raises Its Savings Account Rate
8/26/05 - The Deal at HSBC Bank
HSBC Not My Cup Of Tea
Had an hsbc direct account years back checking and savings, they were good back 10+ years ago but they begin to lower apy drastically. I think they were a teaser rate than once they got enough customers than they lowered it. I wasn't too happy about that, I did extensive research too but hey we make mistakes.
I eventaully closed my both of my accounts and customer service was good. I never had issues with ACH transfer limits, I'm not even sure what it was before but it never affected me.
La Pire Relation Client
Dans la mesure ou vous déposer plus de 150.000€ en banque vous avez droit a un traitement poli chez HSBC France , spécialement à l'agence de Versailles . A partir du moment ou vous avez un accident de la vie et vous êtes en longues maladie , vous pouvez oublier la courtoisie , l'education mais on vous traite comme un moins que rien , parce que vous recevez vos fonds ( à l'identique mais décalé ) par rapport a votre standing de vie . Un plaisir de vous rabaisser et rejeté les prélèvements . Bloquer vos cartes et encours , virements meme si vous avez des fonds sur votre compte qui couvre le virement. Etre hors la loi n'a jamais effrayé cette banque .Le jeu de rejeter toute opération rapporte bien entendu 20€ a cette dernière à chaque transaction . Très bientôt je vais recevoir une entrée d'argent conséquente , à titre personnelle J'EVITERAI de les déposer dans cette banque .
If You Want To Be Dismiss And Not Respected
I had to meet with representative in regards to a late relative's account. So time and date was set, or so I thought.... the person i was meeting decided to go out for lunch at the time i was meeting with her. At least the company called her back.
We meet and told her I wasnt happy she left for lunch.
Her response....
I am here and only 7mins late and then we argue on about it until I had to drop it because she refused to acknowledge she was rude.
The good thing is at least when I left she had to meet two other people that was waiting for her. I hope she starved that day
Poor Treatment Of Existing Customers
We've been HSBC customers for many years. I checked recently to see if my interest rate went up and I was still at 0.3%. They advertise 3% but keep their existing customers at 0.3%. In my opinion, they are stealing from a lot of seniors who don't know to check. In my opinion, they have terrible unethical business practices.
Then they have a Premier Account that is higher but requires numerous additional silly conditions to be met monthly or you go back to near zero. This is about the worst bank I have ever encountered.
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 57890 |
| Year Established | 2004 |
| Employees | 1915 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.76% |
| Return on Equity - YTD | 7.88% |
| Annual Interest Income | $3.69B |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $159B$165.2B |
| Loans | Q2 2024vs Q2 2023 | $56.6B$56.5B |
| Deposits | Q2 2024vs Q2 2023 | $131.9B$138.2B |
| Equity Capital | Q2 2024vs Q2 2023 | $15.85B$15.59B |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $540.9MM$579.6MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $800.7MM$558.3MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $2.5MM$1.6MM |
