WebBank
HEALTH RATING
B+
View health report
CURRENT TOP RATE
3.10% APY
5 Year CD
View all rates
TOTAL ASSETS
$871.6MM
View all statistics
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 3.10% | 5-year CD | 3.00% - Discover Bank 5 Year CD |
| 2.80% | 1-year CD | 2.65% - Discover Bank 12 Month CD |
| 2.45% | Savings | 2.20% - Barclays Online Savings Account |
Overview / Commentary
WebBank is the 897th largest bank in the nation. It was established in 1997 and as of December of 2018, it had grown to 94 employees. WebBank's savings rates are 5X the national average, and it has a B+ health rating.
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Health
B+
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 34404 |
| Year Established | 1997 |
| Employees | 94 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 6.17% |
| Return on Equity - YTD | 36.96% |
| Annual Interest Income | $64.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $871.6MM$628.2MM |
| Loans | Q4 2018vs Q4 2017 | $506.3MM$270.1MM |
| Deposits | Q4 2018vs Q4 2017 | $711.9MM$511.4MM |
| Equity Capital | Q4 2018vs Q4 2017 | $143.0MM$106.4MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $17.7MM$5.2MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $3.3MM$957.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
User-submitted Promotions & Notices
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.
Savings Account, 2.45% APY
Savings account now earns 2.45% APY on balances of $1,000 and above.
Minimum opening deposit is also $1,000.
Internet bank for those "who are 18 years or older, have a valid Social Security Number or Individual Taxpayer Identification Number, and have a physical street address in the US."
Minimum opening deposit is also $1,000.
Internet bank for those "who are 18 years or older, have a valid Social Security Number or Individual Taxpayer Identification Number, and have a physical street address in the US."
Report an Issue
Always verify rates and promotions with the bank or credit union. We are not WebBank; we are a rate comparison website and cannot provide official rates or promotions.
WebBank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.45% | $1k | $500k | Savings |
WebBank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.10% | $2.5k | $500k | 5 Year CD | |
| 3.00% | $2.5k | $500k | 3 Year CD | |
| 2.90% | $2.5k | $500k | 2 Year CD | |
| 2.80% | $2.5k | $500k | 1 Year CD | |
| 2.46% | $2.5k | $500k | 6 Month CD |
Locations
WebBank is an Internet only bank and does not have branch locations. Its headquarters is located at 215 S State St, Suite 1000 - Salt Lake City, UT 84111