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Axiom Bank is under severe scrutiny by the OCC due to bad business practices. Whistleblowers were illegally fired. Current vendors aren't being paid. Many lawsuits against Axiom will drain whatever assets they currently have. Do not trust Axiom with your money.
This is such a crock. I get direct deposits and for some odd reason I didn't get paid. They tell me within 72 hours the system will be fixed. My account says pending if it says pending turn the crap on already I have bill that need to be paid.
So, I had second thoughts about opening an account at a Wal-Mart Bank, as I've seen a dozen or so kiosk businesses come and go.
Yup, sure enough... opened checking, savings, CD's and proof, the bank disappears. First I was told they closed due to Covid, but they would never close the 'branch'. Then a notice and they were gone. Still, one year later cannot get debit card to work. Bill pay makes you agree that they can market your personal information (read what you are asked to agree to!).
Nearest branch is 24 miles in one direction or 50 in another. Talk about bait and, uh, close down.
Unbelievable.