Porte

Deposits held and insured by Pathward

Overview / Commentary
800-267-7080
5501 South Broadband Lane
Sioux Falls, SD 57108
Deposits held and insured by Pathward
Reviews (1)

Porte Digital Debit Card Problems And Verification Issues

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



Health
B+

Data as of Q1 2025

Data displayed below is for insuring bank: Pathward
Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #30776
Year Established1954
Employees1155
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD4.12%
Return on Equity - YTD36.05%
Annual Interest Income$130.6MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$7.01B$7.44B
LoansQ1 2025vs Q1 2024$4.43B$4.35B
DepositsQ1 2025vs Q1 2024$5.82B$6.37B
Equity CapitalQ1 2025vs Q1 2024$862.5MM$766.3MM
Loan Loss AllowanceQ1 2025vs Q1 2024$78.4MM$80.8MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$39.8MM$34.4MM
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

Sorry, we do not have rate data for Porte.

Locations

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

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