Investors Bank is headquartered in Short Hills and is the 2nd largest bank in the state of New Jersey. It is also the 81st largest bank in the nation. It was established in 1926 and as of September of 2020, it had grown to 1,818 employees at 155 locations. Investors Bank has an A health rating.
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.
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 # | 28892 |
Year Established | 1926 |
Employees | 1818 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.73% |
Return on Equity - YTD | 8.37% |
Annual Interest Income | $742.4MM |
Assets and Liabilities | ||
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Assets | Q3 2020vs Q3 2019 | $26.57B$26.72B |
Loans | Q3 2020vs Q3 2019 | $20.72B$21.55B |
Deposits | Q3 2020vs Q3 2019 | $19.37B$17.96B |
Equity Capital | Q3 2020vs Q3 2019 | $2.41B$2.65B |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $287.5MM$228.0MM |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $130.8MM$92.1MM |
Real Estate Owned | Q3 2020vs Q3 2019 | $3.1MM$6.8MM |
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 | |
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0.05%* | $2.5k* | - | YourStyle Plus Checking | ||
OTHER TIERS: 0.01% → Up to $2.5k |