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AimBank Review

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AimBank Savings
0.20% APY
1. Overview 2. How We Rated It 3. Products Offered 4. Branch Locations


Established in 1925, AimBank has $1 billion in assets along with deposits totaling $974 million, making it a medium-size bank. AimBank, whose headquarters are in Littlefield, Texas, lacks premium access to customer service, with no options for live chat or all-day service. It is a conventional brick-and-mortar bank with in-person service, in addition to its online and mobile apps. Coming in at an average 3.6 stars out of 5, AimBank proves it is a bank with better alternatives. AimBank has a complete suite of product offerings, which include savings accounts, checking accounts, money market accounts, CDs, IRAs, mortgage products and credit cards. It has a fair savings rate; you can find higher rates with other banks. The bank's standard checking product has a $6.00 monthly fee, making it a rather expensive bank for checking. Banks that offer no-fee checking as well as a high savings APY are your best bet for returning the most income on your deposits alongside convenient access to your funds.

How We Rated It

SmartAsset's Overall Rating

National Average: 4.1

The overall rating is a weighted average of rates, fees, service quality and financial health.Read more


SmartAsset Average: 3.5

With a savings rate of 0.20%, AimBank ranks poorly in comparison to the average U.S. bank. AimBank's CDs feature a rate of 1.31% and 1.61% for the one-year and five-year term lengths, respectively, while its highest-yielding money market account has a rate of 0.40%. Given its poor savings rate, you should consider looking elsewhere to open savings accounts.

How AimBank's Savings Rates Compare

AimBank Savings 0.20 National Average 0.26 Compare Offers
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SmartAsset Average: 4.4

AimBank has generally high fees in comparison to the average U.S. bank. AimBank's checking account has a monthly fee of $6.00, rating it fair for anyone looking for a simple account. AimBank unfortunately doesn't reimburse out-of-network ATM charges, which means you'll have to find an AimBank ATM or accept the fee.

Monthly Fee $6.00 National Average: $3.21
Non-network ATM Fee N/A National Average: $1.20
Overdraft Fee N/A National Average: $35.00
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Service Quality

SmartAsset Average: 3.7

AimBank is a brick-and-mortar bank, with 20 total branches in Texas. With mobile and web apps, AimBank makes mobile banking easy, even on the go. It does not offer all-day customer service with representatives. You can get help during its hours, which are Monday through Friday and 8:00 a.m. to 4:30 p.m. CT. AimBank gets inferior marks from users for its online presence. With 77 ratings on both Apple and Android platforms, the AimBank mobile app is scored at 3.3 out of 5 (compared to the national average of 3.8). You can utilize AimBank's app to control your accounts by reviewing account balances, transferring funds as well as accessing customer service. AimBank receives a superb consumer satisfaction rating due to comparatively few consumer complaints brought to the Consumer Financial Protection Bureau (CFPB), a government agency that protects consumers in the financial sector.

Overall Mobile Rating 3.3/5
Consumer Satisfaction Rating 5.0/5
Online Banking Portal No
Live Chat No
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Financial Health

SmartAsset Average: 4.8

AimBank is a medium-size bank owning $1 billion in assets as well as $974 million in deposits. AimBank's Texas Ratio is 2.15%, suggesting a negligible likelihood of failure. Additionally, AimBank is FDIC-insured, meaning that your money is insured up to $250,000, even in the event of bank failure.

Texas Ratio Analysis

The Texas Ratio, a measure of a "bad assets" against available capital, can provide an early warning sign of bank failure. A low ratio indicates smaller chance of failure; a higher ratio suggests greater risk.

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Compare AimBank to Other Competitive Offers

Products Offered

Product Current Terms and Rates Minimum Balance for APY
Savings Account 0.2% APY $1
Checking Account 0.15% APY $1000
Certificates of Deposit
  • 12 Month: 1.31% APY
  • 24 Month: 1.36% APY
  • 36 Month: 1.41% APY
  • 48 Month: 1.61% APY
  • 60 Month: 1.61% APY
$1000 for all terms
Money Market Account 0.2% APY $5000

AimBank offers several deposit products like savings accounts, checking accounts, money market accounts and CDs that provide you with many options to manage your money. AimBank does not have the best savings rate, which means you should consider taking a look elsewhere for banks that deliver more return for your money. CDs can be a terrific option to achieve higher returns, but there are limitations to accessing your money. AimBank's CD rates are fair in comparison to other U.S. banks.

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Find a AimBank Near Me

AimBank has 20 locations in the U.S.

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