EagleBank ranks fairly in comparison to the national average. EagleBank's one-year CD earns at a rate of 4.40% and the five-year CD has a rate of 4.00%, while its highest-yielding money market account earns at a rate of 5.25%. Given EagleBank's above average savings rate, you should consider this bank for a savings accounts.
Compared to the average U.S. bank. With no monthly fee, EagleBank's checking account is perfect for those who need an easy checking account. EagleBank doesn't refund out-of-network ATM charges, which means you will need to find an EagleBank ATM or eat the fee.
With 16 total branches in District of Columbia and Virginia. With mobile and web apps, EagleBank makes mobile banking convenient, even on the go. You can use EagleBank's app to control your accounts by looking at current statements, sending and receiving funds and reaching support representatives. EagleBank receives a superb consumer satisfaction score based on comparatively few complaints filed with the Consumer Financial Protection Bureau (CFPB), a government-sponsored consumer protection agency.
Billion as well as deposits totaling $7.75 billion. Its Texas Ratio is 2.37%, denoting that EagleBank is in outstanding financial shape and unlikely to fail. Additionally, EagleBank is FDIC-insured, meaning that your money is insured up to $250,000, even in the event of bank failure.
This is mostly a commercial bank intended for business owners, however they do support consumer accounts with WAYYYY more bells and whistles than other banks I have had accounts at. Stellar personal service without being all up in your face like at Citibank (Very creepy over there!) and real concern for the individuals successful use of the account. The branch manager, Justin, could not have been more accommodating. Great! Thanks! The most important factor was their ability to gather needed information quickly, without being repetitive, and without being intrusive like every other bank I have been to. Even thought I did not get a debit card right away, I did get a few checks to start with. Their phone app is so easy to use as well. I am planning on moving other bank accounts here and will open new accounts for my other businesses here as well. I hope this bank continues to operate this way after it's more recent acquisitions. Thanks!
On the pro side, they are very personable and it's easy to make deposits. We also do our payroll through their online banking system, and that is working well so far. All in all, we like working with Eagle.