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1 Nationwide Plaza, 1-14-401
Columbus, OH 43215

When most people think of Nationwide, they think of insurance. However, since Nationwide’s beginnings as an auto insurance company in Ohio, Nationwide has grown to be one of the largest insurance companies in the U.S. In addition to offering insurance, Nationwide offers a variety of other financial products and services. Some of these products and services include those offered by Nationwide Bank, which is independently registered with the FDIC and offers insurance, investment, and banking products and services.

On its personal banking side, Nationwide Bank offers checking, savings, Money Market, Certificate of Deposit (CD), and IRA accounts along with mortgage and auto loans, and various credit cards. A few checking accounts are available and come with free debit cards and a limited number of free non-Nationwide Bank ATM transactions. The interest checking account offers higher rates of interest for higher account balance thresholds and requires an average daily balance in order to avoid monthly service fees. A basic checking account is also available and designed for customers with lower balances. Nationwide’s online savings account provides a simple way to save and has a minimum daily balance requirement in order to avoid a monthly fee. Money Market accounts are available and typically offer higher interest rates than the bank’s online savings account. The Nationwide website also provides a helpful chart that compares this Money Market account to its other offerings to help customers decide which account to choose. CD and IRA accounts have no monthly maintenance fees and are offered in term lengths ranging from 3 to 60 months. DepositAccounts.com has featured Nationwide’s Money Market and CD accounts repeatedly in the past for their competitive rate offerings.

Nationwide Bank online banking provides a password protected banking system through which account holders can transfer funds between accounts, pay bills, view and print cleared check images, and set up direct deposit. Mobile banking apps released by the bank also make it easy to deposit checks remotely and pay your bills from anywhere on your smartphone or tablet device.

Nationwide Bank was originally established in 1998 as the Nationwide Trust Company, and began offering products to the public in 2007. Nationwide Corporation started out as an auto insurer for farmer in Ohio in the 1920’s before growing into the large company that it is today. The bank is headquartered in Columbus, Ohio, and serves its customers predominantly through its online banking system, but also through a single physical branch as well.

Related Posts

Nationwide Slashes 5-Year CD Rates - 7/10/2016

Nationwide has dropped its 5-year CD rate from 1.95% APY (2% for jumbo) to 1.70% APY (1.75% for jumbo).  Reflecting something of an "inversion," I guess, the 4-year CD rate is 1.76% APY (1.81% for jumbo).

Nationwide Bank Ups Jumbo CDs to Competitive Levels - 1/19/2016

Nationwide Bank (internet bank) raised the rates on its 24-month CD (1.51% APY) and 36-month CD (1.70% APY). Minimum deposit is $100K, with no balance cap.

View all posts from:

Great Service from Nationwide

Posted by: Thedor | Dec 22, 2014

I'm one of those people who has a tough time getting a bank account. I made some bad decisions when I was younger and that affected my credit. So many banks either turned me down for a checking account or they said I have to pay a huge monthly fee. At Nationwide, I opened up an online checking account and a savings account. For the checking account, as long as I use my debit card it is completely free. I can finally pay all my bills easily from my cell phone. Keeping up with both of my accounts is easy on the Nationwide website. Also, the interest rates are a lot higher than other banks. Also, I connected overdraft protection with my savings account to avoid fees in case I accidentally spend too much. That will prevent me from being in a situation similar to what happened when I was younger.

Nationwide is on the Up and Up

Ever since I signed up with Nationwide five years ago for their Money Market option, I have been nothing but satisfied. This option not only gives me a small interest payment every few months but also makes its easy to enter this money into the stock market or invest in funds. I would recommend Nationwide because whenever I have a question regarding my account they are extremely fast in answering and never leave me waiting. Sign up soon, you are missing out if you don't.

Nationwide Bank Online Banking and Support

Posted by: PogoNC | Jul 11, 2016

I have moved my checking account over to Nationwide Banking. Their online support team and customer service team helped me to resolve issues I was having while trying to log in. After I overcame that hurdle, I had to work the customer service team in order to stop my online payment(s) from going through to a canceled account number. The customer service rep was quick, pleasant, and knowledgeable. She corrected my issue while on the phone, and by end of business day, I saw my funds back into my account. The bank is great for personal accounts, and my business account will soon be with them as well. The site is easy to navigate and support is easy to find. Thanks Nationwide!

Loan Processors

Posted by: tobe | Dec 3, 2011

We are currently embroiled in dealing with this bank.  So far we have found those handling our processing to be less than genuine, less than helpful with attitudes that are horrendous.  Very arrogant acting.  Nearly all corresponce from them begins with 'I'm sorry'.  After being dealt with by them I can see why.  You cannot believe anything you are told by these associates because they will say what you want to hear, then they go on their merry way only to tell you next time that the info you previously received was wrong.  In all my 60 years on this earth having obtained numerous loans to buy houses or for home improvements I have never been treated as disdainfully as this bank has.



Health Grade Components

FDIC Certificate #34710
Year Established1998
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.11%
Return on Equity - YTD1.34%
Annual Interest Income$141.7MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$6.85B$6.40B
LoansQ3 2016vs Q3 2015$4.57B$4.04B
DepositsQ3 2016vs Q3 2015$4.83B$4.94B
Equity CapitalQ3 2016vs Q3 2015$559.9MM$546.1MM
Loan Loss AllowanceQ3 2016vs Q3 2015$27.5MM$23.4MM
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$10.7MM$7.0MM
Real Estate OwnedQ3 2016vs Q3 2015$779.00K$645.00K
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Always verify rates and promotions with the bank or credit union. We are not Nationwide 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.

Nationwide Bank Savings Account Rates

0.30%--Regular Online Savings Account
0.30%--Holiday Club

Nationwide Bank Money Market Rates

0.50%--Money Market
0.30%--Business Money Market

Nationwide Bank Checking Account Rates

OTHER TIERS: 0.10% Up to $2,500 | 0.30% $2,500 - $10k

Nationwide Bank CD Rates

1.62%*$100k*-60 Month CD
OTHER TIERS: 1.57% Up to $100k
1.45%*$100k*-48 Month CD
OTHER TIERS: 1.40% Up to $100k
1.33%*$100k*-36 Month CD
OTHER TIERS: 1.28% Up to $100k
1.25%*$100k*-24 Month CD
OTHER TIERS: 1.20% Up to $100k
1.06%*$100k*-18 Month CD
OTHER TIERS: 1.01% Up to $100k
0.95%*$100k*-12 Month CD
OTHER TIERS: 0.90% Up to $100k
0.95%*$100k*-Business 60 Month CD
OTHER TIERS: 0.90% Up to $100k
0.75%*$100k*-Business 48 Month CD
OTHER TIERS: 0.70% Up to $100k
0.50%*$100k*-Business 36 Month CD
OTHER TIERS: 0.45% Up to $100k
0.40%*$100k*-9 Month CD
OTHER TIERS: 0.35% Up to $100k
0.35%*$100k*-6 Month CD
OTHER TIERS: 0.30% Up to $100k
0.35%*$100k*-Business 24 Month CD
OTHER TIERS: 0.30% Up to $100k
0.30%*$100k*-3 Month CD
OTHER TIERS: 0.25% Up to $100k
0.20%*$100k*-Business 12 Month CD
OTHER TIERS: 0.15% Up to $100k
0.10%--Business 3 Month CD
0.10%--Business 6 Month CD

Nationwide Bank IRA Rates

1.62%*$100k*-60 Month IRA
OTHER TIERS: 1.57% Up to $100k
1.45%*$100k*-48 Month IRA
OTHER TIERS: 1.40% Up to $100k
1.33%*$100k*-36 Month IRA
OTHER TIERS: 1.28% Up to $100k
1.25%*$100k*-24 Month IRA
OTHER TIERS: 1.20% Up to $100k
0.95%*$100k*-12 Month IRA
OTHER TIERS: 0.90% Up to $100k
0.35%*$100k*-6 Month IRA
OTHER TIERS: 0.30% Up to $100k
0.30%*$100k*-3 Month IRA
OTHER TIERS: 0.25% Up to $100k

Nationwide Bank is an Internet only bank and does not have branch locations. Its headquarters is located at 1 Nationwide Plaza, 1-14-401 - Columbus, OH 43215