Loading
Tap on the profile icon to edit
your financial details.
Advertiser Disclosure

Bank of Bartlett Review

Your Details Done
by Updated
Bank of Bartlett Savings
0.10% APY
1. Overview 2. How We Rated It 3. Products Offered 4. Branch Locations

Overview

Bank of Bartlett was founded in 1980 with its headquarters in Bartlett, Tennessee. It owns $352 million in assets along with deposits totaling $316 million, which makes it a small bank. Bank of Bartlett has above-average access to customer service with a live chat feature, which is helpful for those that work during typical customer service hours. It is a traditional brick-and-mortar bank with access to service representatives at a physical location, in addition to its online and mobile apps. We ranked Bank of Bartlett at a 3 stars out of 5, suggesting it is a fair bank that does not compare with some of the larger banks. Bank of Bartlett provides customers with an array banking products, which include savings accounts, checking accounts, money market accounts, mortgage products and credit cards. It has a fair savings rate compared to the average savings account. The bank's standard checking product carries a $7.00 monthly fee, which ranks on the higher end of monthly fees. Obtaining a checking account with no monthly fee, in addition to a savings account with a high interest rate at the same bank is the best option for returning the most income on your deposits alongside convenient access to your money.

How We Rated It

SmartAsset's Overall Rating

3.0/5
National Average: 4.1

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

Rates

3.2
SmartAsset Average: 3.5

Bank of Bartlett has a savings rate of 0.10%, which is fair in comparison to the average U.S. bank. Bank of Bartlett's one-year and five-year term lengths CDs earn at a rate of 0.70% and 1.45%, respectively, while its highest-yielding money market account earns at an APY of 0.25%. Given Bank of Bartlett's noncompetitive savings rate, you should consider looking elsewhere to open savings accounts.

How Bank of Bartlett's Savings Rates Compare

Bank of Bartlett Savings 0.10 National Average 0.26 Compare Offers
Back to Overview

Fees

2.0
SmartAsset Average: 4.4

On average, Bank of Bartlett charges customers high fees compared to other U.S. banks. At $7.00/month, Bank of Bartlett's checking account is not ideal for those who want an easy checking account. Bank of Bartlett unfortunately doesn't refund out-of-network ATM charges, which means you will have to locate a Bank of Bartlett ATM or pay the fee.

Monthly Fee $7.00 National Average: $3.21
Non-network ATM Fee N/A National Average: $1.20
Overdraft Fee N/A National Average: $35.00
Back to Overview

Service Quality

3.3
SmartAsset Average: 3.7

Bank of Bartlett is a brick-and-mortar bank, with eight total bank locations in Tennessee. It also offers access to mobile and web apps for simple access and banking on the go. It does not provide access to all-day customer service with representatives. You can get help during its hours, which are Monday through Thursday, 8:00 a.m. to 5:00 p.m. DT; Friday, 8:00 a.m. to 6:00 p.m. DT; Saturday, and 9:00 a.m. to 12:00 p.m. DT. Additionally, Bank of Bartlett customers can access live chat for customer service questions, an alternative customer service tool if you can't call in during business hours. Bank of Bartlett's online and mobile banking platforms get poor marks from customers. The Bank of Bartlett mobile app has an overall rating of 2.4 out of 5 (out of 42 reviews on Apple and Android) compared to the national average of 3.8. You can utilize Bank of Bartlett's app to manage your finances by monitoring account balances, transferring money and accessing customer service. Bank of Bartlett receives a superb consumer satisfaction score based on comparatively few consumer complaints filed with the Consumer Financial Protection Bureau (CFPB), a government agency that protects consumers in the financial sector.

Overall Mobile Rating 2.4/5
Consumer Satisfaction Rating 5.0/5
Online Banking Portal No
Live Chat Yes
Back to Overview

Financial Health

3.5
SmartAsset Average: 4.8

Bank of Bartlett is currently a small bank with assets totaling $352 million and $316 million in deposits. Bank of Bartlett's Texas Ratio is 31.53%, indicating that Bank of Bartlett is in decent financial condition. Additionally, Bank of Bartlett is FDIC-insured, meaning that your money is insured up to $250,000, even in the event of bank failure.

Texas Ratio Analysis

31.53%
High Risk 75% 50% 20% 10% Low Risk

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.

Back to Overview

Compare Bank of Bartlett to Other Competitive Offers

Products Offered

Product Current Terms and Rates Minimum Balance for APY
Savings Account 0.1% APY $2500
Checking Account 0.05% APY $1
Certificates of Deposit
  • 12 Month: 0.70% APY
  • 24 Month: 1.00% APY
  • 36 Month: 1.10% APY
  • 48 Month: 1.35% APY
  • 60 Month: 1.45% APY
$1000 for all terms
Money Market Account 0.25% APY $2500

Bank of Bartlett has several deposit products like savings accounts, checking accounts and money market accounts that provide you with many options to manage your money. Bank of Bartlett does not have the best savings rate, which means you should consider other options 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. Bank of Bartlett's CD rates are fair in comparison to other U.S. banks.

Back to Overview

Find a Bank of Bartlett Near Me

Bank of Bartlett has eight physical branches in the U.S.

Back to Overview
Save more with these rates that beat the National Average
Unfortunately, we are currently unable to find savings account that fit your criteria. Please change your search criteria and try again.
Searching for accounts...
Ad Disclosure
Unfortunately, we are currently unable to find savings account that fit your criteria. Please change your search criteria and try again.
Searching for accounts...
Ad Disclosure