INSBANK is headquartered in Nashville and is the 40th largest bank in the state of Tennessee. It is also the 1,299th largest bank in the nation. It was established in 2000 and as of June of 2022, it had grown to 46 employees at 2 locations. INSBANK has an A+ health rating.
Good Customer Service
Opened an 18 month CD. By accident opened a 12 month CD. Had problem with on line access. Called and support was excellent
Process for application took 5 minutes. Waiting for verification of ACH funding.
Cannot Log In/ No Call Back
Very easy to open a CD but now cannot log into my account and no one will call me back after leaving multiple voice mails. Cannot recommend this bank!
Bad Customer Service
I am not the type to post negative reviews, but I am making an exception for INS Bank. This bank has very poor customer service. They were very unaccommodating when I went to withdraw funds. Their rates are not the best either, but this could change.
If you want to be treated like a human being, go to another bank.
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 35521 |
| Year Established | 2000 |
| Employees | 46 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.67% |
| Return on Equity - YTD | 15.74% |
| Annual Interest Income | $12.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $716.7MM$658.0MM |
| Loans | Q2 2022vs Q2 2021 | $588.6MM$527.3MM |
| Deposits | Q2 2022vs Q2 2021 | $566.4MM$533.8MM |
| Equity Capital | Q2 2022vs Q2 2021 | $79.0MM$66.9MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $8.6MM$7.2MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $2.6MM$2.9MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |