Reviews (1)
Rate Is Good But That's It And For How Long
Posted by: bankingar | Jan 7, 2021
OnJuno currently offers 2.15% APY on up to $30,000. You have to decide if dealing with them is worth $645/year.
They only link through Plaid so if your bank ain't there, you're SOL.
There is an ACH limit of $10,000/day. I can confirm they block deposits initiated from external banks and then you have to re-link the account or work with the other bank because they process the rejection in correctly.
Their customer service is fast and chat based which is good because you'll be utilizing it all the time.
If I hadn't started down this road, I would not now.
Health
B+
Data as of Q4 2020
Data displayed below is for insuring bank: Evolve Bank & Trust
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 1299 |
| Year Established | 1925 |
| Employees | 408 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.91% |
| Return on Equity - YTD | 22.21% |
| Annual Interest Income | $24.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $691.6MM$451.3MM |
| Loans | Q4 2020vs Q4 2019 | $577.9MM$382.9MM |
| Deposits | Q4 2020vs Q4 2019 | $514.8MM$373.6MM |
| Equity Capital | Q4 2020vs Q4 2019 | $55.5MM$45.6MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $7.0MM$6.3MM |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $3.6MM$3.0MM |
| Real Estate Owned | Q4 2020vs Q4 2019 | $735.00K$666.00K |