Opened 1 account 1 week ago. Very easy account opening application but be sure your equifax report is not frozen as this is what they use for verification.Opened a 2nd account 1 week later but because of some problems there that I had inadvertenly caused, the reps easily had the account opened quickly without the usual fanfare you would get at the big box banks. As a smaller bank much less levels of bureaucracy to deal with. Calls answered in seconds not minutes without long phone menus. Reps were great! Next day ACH pulls and pushes of any amounts is something not available at many other banks. APR'S tend to be in the top 10-20 as I have seen while monitoring them in the past year. Unfortunately only a savings account available. Wish they also had CD's.So far a much better experience than with the big banks and other online banks.
10+ years as an SFGI account holder - short and long-term savings. Always next-day ACH transfers, interest rates in the top tier, and a web interface that is simple, all down-to-business, and perfectly executed. Couldn't be happier with this account!
I was leary about opening an account with a smaller bank but the interest rate was too tempting to, at least, not try it out. I was also encouraged by the fact that the rate has stayed consistent despite the Fed's shenanigans.
Opened on Friday, initial deposit debited Monday, initial deposit along with log-in instructions came via e-mail on Wednesday.
I tried an out-going and in-coming ACH. Both were deposited and available the next business day. I like that there is no hold on incoming deposits.
Two downsides - no remote check deposit capability and only one external link allowed. I'll overlook those for now.
I searched these folks out around 10 years ago and have been with them ever since. I've never had a problem with anything....ever.
Yea..rates go up and down but they're always amongst the best out there....consistently. The Web-site is simple and no frills and it always works as it should.
|FDIC Certificate #||34102|
|Return on Assets - YTD||0.76%|
|Return on Equity - YTD||6.9%|
|Annual Interest Income||$27.6MM|
|Assets and Liabilities|
|Assets||Q1 2020vs Q1 2019||$2.51B$2.24B|
|Loans||Q1 2020vs Q1 2019||$1.98B$1.73B|
|Deposits||Q1 2020vs Q1 2019||$2.05B$1.79B|
|Equity Capital||Q1 2020vs Q1 2019||$274.9MM$244.8MM|
|Loan Loss Allowance||Q1 2020vs Q1 2019||$24.6MM$13.1MM|
|Unbacked Noncurrent Loans||Q1 2020vs Q1 2019||$10.7MM$10.0MM|
|Real Estate Owned||Q1 2020vs Q1 2019||$18.3MM$24.4MM|
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.
Always verify rates and promotions with the bank or credit union. We are not SFGI Direct; we are a rate comparison website and cannot provide official rates or promotions.
|APY||MIN||MAX||ACCOUNT NAME||VIEW DETAILS|
|1.01%||$1||-||SFGI Direct Savings Account|
SFGI Direct is an Internet only bank and does not have branch locations. Its headquarters is located at 300 North Main Street - Moorefield, WV 26836