EmigrantDirect.com
Deposits held and insured by Emigrant Bank (FL)
HEALTH RATING
B
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CURRENT TOP RATE
3.50% APY
AmericanDream SavingsAccount
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TOTAL ASSETS
$6B
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Overview / Commentary
Deposits held and insured by Emigrant Bank (FL)
EmigrantDirect is an online division of Emigrant Bank, an institution established in 1850 and headquartered in New York, NY. As an internet-only bank, EmigrantDirect offers its customers quick and safe access to their funds at any time through online banking.
At the time of this writing, EmigrantDirect offers only one deposit account product: a no-fee, interest-bearing online savings account. The bank also offers its customers access to the purchase of precious metals (primarily gold) through the bank. Funds deposited with EmigrantDirect are FDIC-insured (up to applicable limits) through the parent bank, Emigrant Bank. Of course, precious metals purchased through EmigrantDirect are not insured by the FDIC.
Health
B
Data as of Q1 2025
Data displayed below is for insuring bank: Emigrant Bank (FL)
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 57083 |
| Year Established | 2001 |
| Employees | 480 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.43% |
| Return on Equity - YTD | -2.32% |
| Annual Interest Income | $90.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $5.95B$6.24B |
| Loans | Q1 2025vs Q1 2024 | $4.07B$4.62B |
| Deposits | Q1 2025vs Q1 2024 | $4.6B$4.67B |
| Equity Capital | Q1 2025vs Q1 2024 | $1.13B$1.45B |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $85MM$73.6MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $207.1MM$237.3MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $7.7MM$6.8MM |