Laurel Road, A Brand of KeyBank N.A.

Deposits held and insured by KeyBank

Overview / Commentary
833-427-2265
855 Main St
Bridgeport, CT 06604
Deposits held and insured by KeyBank

Internet Banking

Posted by: |

LR is a typical internet bank. All banks are very sensitive to "suspicious activity" now. Chase restricted my accounts three times to block so called "unknown transfers" to myself at LR.

They Froze My Account, Cut My Access To My Funds For Months, Bullying Me On The Phone By Not Telling Me What Is Happening, It Turned Out To Be Their Mistake But Still Not Returning My Funds, Saying It Could Take Years

Posted by: |

The only bank I am writing a review for. I opened a savings account, with a lot of money in it. They froze my account, cut my access to my funds for months, asked me for a lot of documents, not giving me any good reason, other than telling me to wait until their concerns are met. It turned out to be their mistake. They are still not returning my funds. They are a mess and very irresponsible and a bully when I ask them to return my funds, telling me I might have to wait for years. You have to sue them in the court to get your funds back, otherwise they will just shrug their shoulders and bully you.

The Worst Bank !!!

Posted by: |

i can't believe i got scammed into this.... I was watching George Kamel (he works for Dave Ramsey) who happens to endorse and promote Laurel Road. I love them so i trusted what they promote. Opened an account and transfered $23k of my savings. my account got locked after I have made the transfer. i called everyday to check on them and see what is the issue. It's been 10 days now. nothing. your case is pending and under review, just have to wait they say. and now i'm learning all the horror stories of this fraud bank! I have 2 other high yeld savings banks (Cit Bank and Webster Bank) and non have issues like this. Stay away from this fraudulent shady business!!!!

Fraudulent

Posted by: |

I created a checking account at Laurel Road and deposited more than $2700 in the account. When I attempted to withdraw the money, the bank locked the account without notice.

I called customer support and explained to them what happened. They told me the account was "under review", threw a metric ton of "Unfortunately,"s at me, and then told me that my account would be locked for a duration of the bank's discretion.

This bank is illegitimate, malicious and maximally rapacious. Avoid them like you would a diseased close talker

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Health
B+

Data as of Q2 2024

Data displayed below is for insuring bank: KeyBank
Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #17534
Year Established1849
Employees17523
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.67%
Return on Equity - YTD8.42%
Annual Interest Income$4.08B
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$185B$192.8B
LoansQ2 2024vs Q2 2023$106.3B$119B
DepositsQ2 2024vs Q2 2023$149.3B$148.2B
Equity CapitalQ2 2024vs Q2 2023$15.05B$13.75B
Loan Loss AllowanceQ2 2024vs Q2 2023$1.56B$1.5B
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$855.1MM$530.4MM
Real Estate OwnedQ2 2024vs Q2 2023$23MM$22.7MM
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Laurel Road, A Brand of KeyBank N.A. Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.00%*$5k*-Laurel Road High Yield Savings Account
OTHER TIERS: 4.80% $0 - $5k

Laurel Road, A Brand of KeyBank N.A. Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.01%$0-Laurel Road Checking Account
Locations

Laurel Road, A Brand of KeyBank N.A. is an Internet only bank and does not have branch locations. Its headquarters is located at 855 Main St - Bridgeport, CT 06604

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.