The ACH limits for this account is a maximum of $10,000 per MONTH. Do not be fooled by the "$250,000 incoming ACH lmit". The keyword is INCOMING.
Once they have your money you will never be able to exit the bank given their limits. It is a scam bank.
Business accounts are forbidden from making external transfers and Zelle transfers are absurdly limited to $1000/day. How can anyone operate a business this way? Did I mention it takes 30 minutes to get through to customer service by phone? Avoid this bank at all costs.
Application process for savings account is more intrusive than more matured institutions. Approval process is opaque. Customer Service is lacking in information.
Marginally higher interest rate will not compensate for the aggravation.
Overall | |
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FDIC Certificate # | 57957 |
Year Established | 2005 |
Employees | 17096 |
Primary Regulator | OCC |
Profit Margin | |
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Return on Assets - YTD | 1.24% |
Return on Equity - YTD | 10.29% |
Annual Interest Income | $4.86B |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2021vs Q4 2020 | $188.1B$183.4B |
Loans | Q4 2021vs Q4 2020 | $129.9B$125.6B |
Deposits | Q4 2021vs Q4 2020 | $157.1B$150.3B |
Equity Capital | Q4 2021vs Q4 2020 | $22.74B$22.16B |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $1.76B$2.44B |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $715.3MM$1.09B |
Real Estate Owned | Q4 2021vs Q4 2020 | $18.7MM$15.8MM |
Always verify rates and promotions with the bank or credit union. We are not Investors Bank; 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 |
---|---|---|---|---|
0.05% | - | - | YourStyle Plus Checking |