TotalDirectBank is a welcome addition to the direct banking landscape.
They have come a long way over the last year since their launch! I opened an eCD back then and the process has improved a lot. The new eMM product and application process were great. Love the #1 rate.
I also appreciate that it’s very easy to call them and talk to a real human being!
For your 6-Month CD, we are currently offering an interest rate of 5.601% with an annual percentage yield of 5.76%.
Many banks limit their specials to the geographic area they are located in. Total Bank EXCLUDES their home area. Doesn't make any sense??? Puzzled in Fla!
Not only did I have to supply a photo ID in the appliation process, but I also had to provide pictures looking left and right. I felt as if I was going to jail next, so I picked up my deposit and ran.
Overall | |
---|---|
FDIC Certificate # | 20234 |
Year Established | 1970 |
Employees | 1052 |
Primary Regulator | OCC |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.84% |
Return on Equity - YTD | 10.31% |
Annual Interest Income | $556.0MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q2 2023vs Q2 2022 | $26.31B$23.18B |
Loans | Q2 2023vs Q2 2022 | $17.33B$14.79B |
Deposits | Q2 2023vs Q2 2022 | $21.99B$19.21B |
Equity Capital | Q2 2023vs Q2 2022 | $2.19B$2.03B |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $145.7MM$144.1MM |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $104.5MM$28.5MM |
Real Estate Owned | Q2 2023vs Q2 2022 | $0$719.00K |
Always verify rates and promotions with the bank or credit union. We are not TotalDirectBank; we are a rate comparison website and cannot provide official rates or promotions.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
5.26% | $2.5k | $1m | Direct Money Market Deposit Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
5.76% | $25k | $1m | 6 Month CD | |
5.66% | $25k | $1m | 3 Month CD | |
5.65% | $25k | $1m | 12 Month CD | |
4.34% | $25k | $1m | 24 Month CD | |
3.56% | $25k | $1m | 36 Month CD | |
3.05% | $25k | $1m | 60 Month CD |
TotalDirectBank is an Internet only bank and does not have branch locations. Its headquarters is located at 524470 - Miami, FL 33152-4470