Featured Savings Rates
Featured Accounts

Radius Bank

Popular Accounts at this Bank

1.00%SavingsRadius High-Yield Savings
0.90%CheckingRadius Hybrid
1.00%5-year CD5 Year CD

Overview / Commentary
1 Harbor St, Ste 102
Boston, MA 02210

Radius Bank, a leader in community banking, was founded in 1987 by the Massachusetts Carpenters Combined Pension and Annuity Funds (The Funds). In 2006, the Empire State Carpenters’ Pension Fund invested in the Bank as an equity partner. They are a growing institution that currently serves as the trusted advisor to a broad range of clients.

Related Posts

Radius Bank Hybrid Checking Account Offering 0.90% APY - 2/28/2017

Whoa, a high interest bearing checking account??? This checking account appears to be available nationwide but located in Boston, MA. This Radius Bank Hybrid Checking Account offers 0.90% APY on portions of your funds $2,500 and up. Only requires a $10 opening deposit! https://go.radiusbank.com/gobanking-rate-hybrid/

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Opening My Radius Account Was EASY PEASY!

As opposed to poor Richard, my experience setting up my on-line account with Radius was delightful and easy! I provided the personal information that Radius required and the banking information for the transfer of funds to my new HIGH YIELD account. I think it took about 10 minutes to enter all the information and I was approved approximately 90 minutes later. The funds were transferred from my 'old' bank to Radius within 48 hours. The transfer would have been practically instantaneous if I had used my debit card, but my 'old' bank would not allow me transfer an excessive amount $$ via my debit card. Re: your comment concerning compounding interest daily vs. monthly... ONLY if you are funding an account in EXCESS of 6 figures, the DIFFERENCE in interest amount earned over the course of 365 days or 12 months would not buy you a cheeseburger. I am thrilled with the interest I will be earning on my deposit(s) with Radius since my 'old' big bank was paying me 3 tenths of 1% or on average 19 cents per month. And yes, I maintain in excess of $2500...

Radius Banking is Great!

Posted by: Zebo | Sep 6, 2016

In a modern era in which most Savings accounts barely deliver 0.10%, Radius Bank delivers. I have been with Radius for several months now and I think they are simple and fantastic. It is easy to check my balance online and there are absolutely no monthly fees! The reason I signed up with Radius Banking is that they have one of the highest APYs of any bank I have ever seen. I currently have a checking account that receives 0.95% interest as long as I have $2500.00 in my account. It is fantastic! I direct deposit my paycheck into this account and also have a custom debit card linked to the account. There are zero fees for my card or my account. This checking account has better interest rates than any savings account I have ever had! Radius is simple to join, simple to understand, and a fantastic deal! Everyone should join Radius Banking today!

Customer Service Is A Joke

Opening an account was difficult and obtaining debit cards for myself and a joint account holder was frustrating as they claimed we were only to receive one card for the account listing only my name. It took multiple phone calls and weeks before this was straightened out. My initial opening deposit was not immediately credited to the account and took multiple phone calls to rectify. They claim the first order of checks is free but attempting to order them is nearly impossible. Messages to customer service tell you that you can order them on the web site. Attempting to order on the web site says to order them through the financial institution. I tried calling customer service at the number on their site and was told to call the bank, which I thought I had. After explaining this to the person and confirming I had called the bank's phone number I was told to call back during normal business hours. Since I had called during the hours listed on the contact page, I needed clarification as to what normal business hours were and was told Monday-Friday.

Impossible To Open An Account

Posted by: vctrejo | May 17, 2017

It is impossible to open an account. There is something wrong with their Credit Report verification process. I was presented with six questions and even with mi credit report in front of me they told me that all the answers were wrong. Never mind I have accounts on CapitalOne360, Ally, BankofInternet, DiscoverBank and BankMobile. The best was when I expressed my frustration not only because it is impossible to have all the questions wrong but also by asking them why they do not offer another way of verifying identity like a bank statement, copy of DL or a bill utility copy. They answered me that if there is something wrong in my credit report it is my problem; duh… there is nothing wrong with my identity your application process is buggy. Total disregard for customers.



Health Grade Components

FDIC Certificate #32551
Year Established1987
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.34%
Return on Equity - YTD3.55%
Annual Interest Income$9.3MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$973.0MM$790.1MM
LoansQ1 2017vs Q1 2016$824.9MM$640.9MM
DepositsQ1 2017vs Q1 2016$784.2MM$655.4MM
Equity CapitalQ1 2017vs Q1 2016$91.8MM$63.7MM
Loan Loss AllowanceQ1 2017vs Q1 2016$3.3MM$7.1MM
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$15.9MM$7.3MM
Real Estate OwnedQ1 2017vs Q1 2016$223.00K$0
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

Radius Bank Hybrid Checking Account Offering 0.90% APY

leaguegamer123   |  
Whoa, a high interest bearing checking account???

This checking account appears to be available nationwide but located in Boston, MA. This Radius Bank Hybrid Checking Account offers 0.90% APY on portions of your funds $2,500 and up.

Only requires a $10 opening deposit!


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Always verify rates and promotions with the bank or credit union. We are not Radius Bank; 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.

Radius Bank Savings Account Rates

1.00%*$2,500*-Radius High-Yield Savings
OTHER TIERS: 0.05% $10 - $2,500
0.05%$50-Union Advantage Savings
0.05%$50-Statement Savings
0.05%$50-Passbook Savings
0.05%$50-Holiday Club

Radius Bank Money Market Rates

0.10%*$10k*-Retail Money Market
OTHER TIERS: 0.05% $10 - $10k

Radius Bank Checking Account Rates

0.90%*$2,500*-Radius Hybrid
OTHER TIERS: 0.00% Up to $2,500
0.01%$1k-Radius Checking

Radius Bank CD Rates

1.60%$500-3 Year CD
1.00%$500-5 Year CD
0.75%$500-4 Year CD
0.50%$500-2 1/2 Year CD
0.40%$500-2 Year CD
0.35%$500-18 Month CD
0.25%$500-1 Year CD
0.25%$500-13 Month CD
0.20%$1k-6 Month CD
0.20%$1k-9 Month CD
0.15%$1k-3 Month CD
0.15%$1k-5 Month CD

Radius Bank IRA Rates

1.60%$500-3 Year IRA
1.00%$500-5 Year IRA
0.75%$500-4 Year IRA
0.50%$500-2 1/2 Year IRA
0.40%$500-2 Year IRA
0.35%$500-18 Month IRA
0.25%$500-1 Year IRA
0.20%$1k-6 Month IRA

Radius Bank Locations
First Trade Union Bank1 Harbor St, Ste 102Boston, MA 02210
Lakeville Rd Branch2020 Lakeville RdNew Hyde Park, NY 11040