Featured Savings Rates
Featured Accounts

Northpointe Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.90%5-year CD60+ Month CD
1.75%3-year CD36 - 47 Month CD
1.50%1-year CD12 Month CD Special

Overview / Commentary
888-672-5626
3333 Deposit Drive NE
Grand Rapids, MI 49546

Northpointe Bank is the 1,003rd largest bank in the nation. It was established in 1999 and as of September of 2017, it had grown to 424 employees. Northpointe Bank's money market rates are 3X the national average, and it has an A health rating.

Related Posts

Northpointe Ultimate Checking 5% No Longer Available - 11/30/2017

Haven't seen this posted yet but while on the Northpointe website, I noticed that the Ultimate Checking account which pays 5% up to 10K is no longer available as of 11/20/17. I am a current account holder and when I log in, I still see that I am earning 5% for the month (or 4.8764% to be exact). Not sure what it will show tomorrow. I'm ok if they simply close the account to new account holders but will be very disappointed if the product is totally eliminated, especially since they haven't communicated any changes.

Northpointe Bank Unveils Ultimate Money Market - 10/31/2017

Northpointe Bank's nationally available Ultimate Money Market earn 1.50% APY on balances between $25k and $1m, with a rate guarantee of 12 months following opening.

Northpointe Bank Offers Nationally Available 17-Month CD Special - 10/16/2017

Northpointe Bank has added a nationally available 17-month CD Special (1.75% APY). The minimum deposit is $1k minimum, with no stated balance cap.

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Can't Beat The Interest Rate For Checking Account

Been a member for 6 weeks, received my first interest payment as promised. I'm very pleased with the checking account and service. However, be aware that you have to be patient in getting the account setup and it takes 7 to 10 business days to get your ATM card. On the other hand, you are not spending 2 hours waiting in the lobby to set up account as I did at the last big national bank. Also just so you are not caught off guard. If you send in checks to fund your account during the first 30 days of account opening they will hold them for 5 to 10 days to assure clearance. However, now that I think back on I believe my national bank did the same when my account was new. Now checks snapped on my cell phone are clearing in 3 to 5 days. If you want near instant transfers use electronic transfer bank to bank Also I would say call them if you have a question, they answered the phone right away and were friendly and helpful. No complaints, I'm recommending them to my friends.

Awsome Bank And Checking Account!

Posted by: MJames | Nov 18, 2017

I opened this checking account 4 years ago and have earned the interest every month since. You only need 15 debit swipes per month... my wife and I run about 50-60 swipes so easy to qualify. We use the checking for typical spending and for big ticket purchases we use our Delta Sky Miles card to get the points. If you keep $10k in this checking account that is about $500 per year you earn on your money - No other bank or credit union is paying that high of a rate. The big banks pay nothing and do not need to because customers flock to their brand. I prefer a bank that knows me. They do it right, their customer service is not a big company call center. I usually text rather than call and they are always quick to help. Thanks for being awesome!

Works Fine For Me.

Posted by: RLunder | Sep 7, 2017

I use Northpointe's Ultimate Checking account as my main checking account. I was a bit skeptical when I got the email stating that they had the right to close my account if they thought I was just trying to get the interest rate. I guess that's their reply to the Fed now longer allowing banks to require minimum amounts for Debit Transactions. I knew I would not have any problem meeting the 15 debit card uses to qualify.
I would give them 5 stars, but the email I received after I opened my account is a bit unethical, and they also dragged their feet in depositing some Mobile Deposit checks...but that has now improved. Now most Mobile Deposits hit my account within 1-2 business days.

This Bank Should Get 0 Stars!

Posted by: lmao | Jun 27, 2017

DO NOT open this account. NorthPointe is not being honest with customers. Their advertised criteria to earn 5% on balances up to $10,000:
1) Make 15 or more debit card purchases each month.
2) Enroll in eStatements
3) Set up direct deposit OR automatic withdrawal of $100+ per statement period.
So, if you meet these 3 criteria, you should receive the 5% APR, right? WRONG. AFTER you have opened the account and made the qualifying transactions, you will receive an "automated" e-mail from NorthPointe that basically says:
"Northpointe Bank reserves the right to determine if the account is being maintained for a purpose other than primary, day-to-day use".
They will not tell you this when you open the account, but when time comes to pay up, they will say your transaction don't qualify. They're a bunch of crooks. Go with better name banks that actually care about reputational risk.

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Health

Health Grade Components

Overall
FDIC Certificate #34953
Year Established1999
Employees424
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.95%
Return on Equity - YTD20.24%
Annual Interest Income$21.5MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$754.9MM$616.7MM
LoansQ3 2017vs Q3 2016$666.6MM$528.8MM
DepositsQ3 2017vs Q3 2016$538.4MM$523.9MM
Equity CapitalQ3 2017vs Q3 2016$72.0MM$53.7MM
Loan Loss AllowanceQ3 2017vs Q3 2016$3.8MM$4.0MM
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$1.9MM$2.4MM
Real Estate OwnedQ3 2017vs Q3 2016$633.00K$692.00K
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

Northpointe Ultimate Checking 5% No Longer Available

767   |  
Haven't seen this posted yet but while on the Northpointe website, I noticed that the Ultimate Checking account which pays 5% up to 10K is no longer available as of 11/20/17. I am a current account holder and when I log in, I still see that I am earning 5% for the month (or 4.8764% to be exact). Not sure what it will show tomorrow. I'm ok if they simply close the account to new account holders but will be very disappointed if the product is totally eliminated, especially since they haven't communicated any changes.

Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Northpointe Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.50%*-$1kKid's Savings
OTHER TIERS: 0.15% $1k+
1.12%--Ultimate Savings
0.50%*$100k*-Liquid IRA Account
OTHER TIERS: 0.20% Up to $2,500 | 0.25% $2,500 - $25k | 0.40% $25k - $100k
0.50%--Health Savings Account

Northpointe Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.50%*$25k*$1mUltimate Money Market
OTHER TIERS: 0.20% Up to $2,500 | 0.25% $2,500 - $25k
0.50%*$100k*-Liquid Money Market
OTHER TIERS: 0.20% Up to $2,500 | 0.25% $2,500 - $25k | 0.40% $25k - $100k
0.50%*$100k*-Business Money Market Account
OTHER TIERS: 0.20% Up to $2,500 | 0.25% $2,500 - $25k | 0.40% $25k - $100k

Northpointe Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%*$100k*-Interest Checking
OTHER TIERS: 0.15% $2,500 - $25k | 0.25% $25k - $100k
0.10%--Business Now

Northpointe Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.90%$1k-60+ Month CD
1.85%$1k-48 - 59 Month CD
1.75%$1k-36 - 47 Month CD
1.75%$1k-17 Month CD Special
1.65%$1k-24 - 29 Month CD
1.65%$1k-30 - 35 Month CD
1.60%$1k-18 - 23 Month CD
1.50%$1k-12 - 17 Month CD
1.50%$1k-12 Month CD Special
1.00%$1k-6 - 11 Month CD
0.90%$1k-92 - 182 Day CD
0.30%$1k-7 - 91 Day CD

Northpointe Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.90%$500-60+ Month Fixed IRA
1.85%$500-48 - 59 Month Fixed IRA
1.75%$500-36 - 47 Month Fixed IRA
1.75%$1k-17 Month IRA Special
1.65%$500-24 - 29 Month Fixed IRA
1.65%$500-30 - 35 Month Fixed IRA
1.60%$500-18 - 23 Month Fixed IRA
1.50%$500-12 - 17 Month Fixed IRA
1.50%$500-12 Month IRA Special
1.00%$500-6 - 11 Month Fixed IRA
0.90%$500-92-182 Day Fixed IRA
0.30%$500-7-91 Day Fixed IRA
Locations

Northpointe Bank is an Internet only bank and does not have branch locations. Its headquarters is located at 3333 Deposit Drive NE - Grand Rapids, MI 49546