Redneck Bank

Deposits held and insured by All America Bank

Overview / Commentary
200 South Rockwell Avenue
Oklahoma City, OK 73128
Deposits held and insured by All America Bank

Yes, Redneck Bank is a real bank. In fact, it is the (purposefully lighthearted and humorously named) online banking division of All America Bank, which was established in 1969 as The First Mustang State Bank. Headquartered in Oklahoma City, Oklahoma, Redneck Bank is fully insured by the Federal Deposit Insurance Corporation (FDIC). The bank traces its history back to multiple Oklahoma banks owned by the Huckabay family.

To keep things simple, Redneck Bank limits its personal depository banking products to checking accounts and money market accounts. Both the checking account and money market account have very low minimum initial deposits. However, neither account has a minimum balance requirement. Both accounts also feature free online banking and a free VISA debit card. At the time of this writing, the Annual Percentage Yield (APY) of the money market account – which is a variable interest rate account – decreases once the balance exceeds $35,000. Statements for both checking and money market accounts are available electronically.

In addition to these personal deposit accounts, Redneck Bank offers various services, including free online bill pay and free bank-to-bank transfers. The bank also provides educational resources about online banking – including a series of video tutorials and an electronic guide.

Related Posts

Rate Drop To 2.5%/2.0% Effective 11/21/2019 - 11/11/2019

Checking Notice - Effective 11/21/19 the annual percentage yield will be 2.50% Money Market Notice - Effective 11/21/19 the annual percentage yield will be 2.00%

Redneck/All America Going Up To 2.50% Tomorrow - 1/23/2019

I emailed them because I was about to open another account elsewhere at about the same rate. Glad I did not. Effective tomorrow (01/23/19) the interest rate for the Mega Money Market account will increase to 2.50% Annual Percentage Yield for any amount up to $50,000.00 and 0.50% Annual Percentage Yield for any amount over the $50,000.00. This new rate will be reflected on your next bank statement that will cut off on 02/20/19. Please let me know if there is anything else that I can assist you with. Thank You, All America Bank ------ I am considering a 2nd account so I can put in $100k. Anyone have 2?

View all posts from:

Terrific Rates, Ease Of Doing Business

Posted by: SDVETERAN | Nov 11, 2019

I've had the MEGA money market with both Redneck and their sister company, All American since 2017 - now approaching 2.5 years. (Yes, you can have an account at each up to the maximum stated for each bank.) The interest rate has varied but it has consistently stayed at the very top when compared to other institutions. When I called the bank early on when opening the account the staff were friendly and helpful. Simple website and I can transfer money in from my other banks. I give them an A+ for their always consistent high rates!

Great Bank And Service!

Don't let the name scare you. This is an AWESOME bank with the best no hassle checking interest I can find. They ALWAYS pick up the phone within 3 rings, are very polite and accommodating. To top it off they send me a birthday card every year with all the customers service reps signatures on it!

Rate Drop To 2.75% / 2.25% Effective 10/22/19

Posted by: Mikey1 | Oct 3, 2019

Effective the next statement period. The higher rate is for the checking account requiring 10 debits and a $10K Max.

Best Online Bank

Posted by: lhwebbie | May 1, 2019

I have been with Redneck Bank for the past two years and have been very pleased. Their online site seems to work well and allows money transfers within the bank and to linked accounts outside the bank. I have called their customer service and have always been treated politely. I am a happy customer of Redneck Bank.



Data as of Q2 2019

Data displayed below is for insuring bank: All America Bank
Learn why bank health matters

Health Grade Components

FDIC Certificate #20093
Year Established1969
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.64%
Return on Equity - YTD16.18%
Annual Interest Income$12.4MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$442.2MM$414.4MM
LoansQ2 2019vs Q2 2018$365.5MM$334.1MM
DepositsQ2 2019vs Q2 2018$396.7MM$345.4MM
Equity CapitalQ2 2019vs Q2 2018$44.7MM$43.3MM
Loan Loss AllowanceQ2 2019vs Q2 2018$3.6MM$3.1MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$4.6MM$2.4MM
Real Estate OwnedQ2 2019vs Q2 2018$559.00K$3.1MM
  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.

Rate Drop To 2.5%/2.0% Effective 11/21/2019

mountain52   |  
Notice - Effective 11/21/19 the annual percentage yield will be 2.50%

Money Market
Notice - Effective 11/21/19 the annual percentage yield will be 2.00%


Rates for Redneck Bank are currently being reviewed.


Redneck Bank is an Internet only bank and does not have branch locations. Its headquarters is located at 200 South Rockwell Avenue - Oklahoma City, OK 73128

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.