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 | |
---|---|
FDIC Certificate # | 30776 |
Year Established | 1954 |
Employees | 1232 |
Primary Regulator | OCC |
Profit Margin | |
---|---|
Return on Assets - YTD | 2.9% |
Return on Equity - YTD | 28.65% |
Annual Interest Income | $246.2MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q2 2024vs Q2 2023 | $7.53B$7.46B |
Loans | Q2 2024vs Q2 2023 | $4.56B$4.08B |
Deposits | Q2 2024vs Q2 2023 | $6.43B$6.31B |
Equity Capital | Q2 2024vs Q2 2023 | $795.5MM$709.4MM |
Loan Loss Allowance | Q2 2024vs Q2 2023 | $79.8MM$81.9MM |
Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $44.6MM$38.8MM |
Real Estate Owned | Q2 2024vs Q2 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