Hello,
Id rate Porte a zero if I could, I’m having problems using my money, using cashapp, using Venmo with my money. Before I can book a motel room on hotels.com, I have to verify through text messages that it’s me using the card. The verify process is all day every day. I understand the need to verify one’s account, but that’s just stupid. Why do I need the bank’s permission before I can spend my hard earned cash? This is absolutely insane. I would never use Porte again, and I don’t recommend this service at all
Overall | |
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FDIC Certificate # | 30776 |
Year Established | 1954 |
Employees | 1241 |
Primary Regulator | OCC |
Profit Margin | |
---|---|
Return on Assets - YTD | 2.52% |
Return on Equity - YTD | 24.07% |
Annual Interest Income | $367.5MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q3 2024vs Q3 2023 | $7.54B$7.53B |
Loans | Q3 2024vs Q3 2023 | $4.72B$4.39B |
Deposits | Q3 2024vs Q3 2023 | $5.88B$6.59B |
Equity Capital | Q3 2024vs Q3 2023 | $866.1MM$679.6MM |
Loan Loss Allowance | Q3 2024vs Q3 2023 | $45.3MM$49.7MM |
Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $41.6MM$56.2MM |
Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Porte; 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 | |
---|---|---|---|---|---|
3.00%* | $0 | $15k | High Yield Bonus Savings | ||
OTHER TIERS: 0.20% → $15k+ |
Porte is an Internet only bank and does not have branch locations. Its headquarters is located at 5501 South Broadband Lane - Sioux Falls, SD 57108