| 5 star: | (6) | |
| 4 star: | (2) | |
| 3 star: | (1) | |
| 2 star: | (1) | |
| 1 star: | (2) |
November 1st, 2024 Peak Bank lowered their rates to 4.75%. To give them credit their customer service is excellent and they waited a bit longer than some other banks, but their interest rates are no longer any better than those I left behind.
The customer service department was incredibly rude and they canceled my application without explanation. Great way to turn away a new customer. There are plenty others banks which are more friendly with better rate!
This being a small backwoods bank you have to expect and beware of ridiculous issues you won't come across with larger institutions. Repeatedly, I've had issues with ACH transfers being rejected here because they claim the transfer is being sent to a checking account instead of a savings account. I don't even have that choice sometimes, so that's ridiculous. A transfer with the Routing and Account number should just go through. Waste of time and annoyance.
I opened a High Yield savings account but was told there is a limit of $10,000 withdrawal per day. Anybody else know differently?
easy online process, no issues and even had a quick interaction with customer service over chat. Bank is backed and owned by larger financial institution, which was added comfort. already took out another CD in addition to HYS.
Opened a HYSA in minutes with rates that are much higher than what my branch banks are offering. Took minutes to complete. Quick funding. The calculator on the website is a helpful tool.
Really liked how easy it was to apply and fund my HYSA. Just took a day or two. The rate is pretty hard to beat, and the mobile app is easy to use. Like Peak a lot so far.
I was able to open a HYSA in less than 5 minutes, funded it and easily got into my account. Pretty seamless and easy and strong rate on my account.