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 | 1155 |
Primary Regulator | OCC |
Profit Margin | |
---|---|
Return on Assets - YTD | 4.12% |
Return on Equity - YTD | 36.05% |
Annual Interest Income | $130.6MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2025vs Q1 2024 | $7.01B$7.44B |
Loans | Q1 2025vs Q1 2024 | $4.43B$4.35B |
Deposits | Q1 2025vs Q1 2024 | $5.82B$6.37B |
Equity Capital | Q1 2025vs Q1 2024 | $862.5MM$766.3MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $78.4MM$80.8MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $39.8MM$34.4MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Sorry, we do not have rate data for Porte.
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