Bank of Jackson Hole started in 1982 with headquarters in Jackson, Wyoming. Bank of Jackson Hole manages $737 million in assets and $660 million in deposits, which makes it a medium-size bank. Bank of Jackson Hole lacks premium access to support representatives, 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 a commendable 4.2 stars out of 5, Bank of Jackson Hole is a great choice and should warrant serious consideration. Bank of Jackson Hole has a complete array of product offerings, including savings accounts, checking accounts, money market accounts, CDs, IRAs, mortgage products and credit cards. Bank of Jackson Hole has a fair savings rate compared to the average savings account. If you're interested in stress-free personal checking, Bank of Jackson Hole offers an option without a maintenance or monthly fee. Finding an institution with free checking, in addition to a high interest rate savings account is your best option for getting the highest income from your deposits while having convenient access to your money.
The overall rating is a weighted average of rates, fees, service quality and financial health.Read more
With a savings rate of 0.10%, Bank of Jackson Hole ranks poorly compared to other U.S. banks. Its one-year CD earns at a rate of 0.85% and the five-year CD earns at a rate of 3.00%, while its highest-yielding money market account earns at a rate of 0.25%. Given its below average savings rate, you should consider choosing another bank to earn more on your deposits.
How Bank of Jackson Hole's Savings Rates Compare
Bank of Jackson Hole charges its customers extremely low fees as compared against the national average. With no monthly fee, Bank of Jackson Hole is ideal for people who want a basic checking account. Bank of Jackson Hole does not reimburse out-of-network ATM charges, which means you'll need to find a Bank of Jackson Hole ATM or eat the cost of withdrawal.
Bank of Jackson Hole is a brick-and-mortar bank, with 10 total branches in Wyoming. It also offers access to mobile and web apps for straightforward access and banking on the go. Bank of Jackson Hole receives average reviews from users for its online presence. The Bank of Jackson Hole mobile app is rated at 3.8 out of 5 (with 17 reviews on iOS and Android) compared to the national average of 3.8. Bank of Jackson Hole's mobile app lets you manage your bank accounts by monitoring monthly statements, transferring funds and reaching support representatives. Bank of Jackson Hole receives a superb consumer satisfaction score due to comparatively few consumer complaints brought to the Consumer Financial Protection Bureau (CFPB), a government-sponsored consumer protection agency.
Bank of Jackson Hole is a medium-size bank and has assets totaling $737 million as well as deposits totaling $660 million. Bank of Jackson Hole's Texas Ratio is 7.45%, signifying that Bank of Jackson Hole is in good financial health and unlikely to fail. Additionally, Bank of Jackson Hole 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.Back to Overview
Compare Bank of Jackson Hole to Other Competitive Offers
|Product||Current Terms and Rates||Minimum Balance for APY|
|Savings Account||0.1% APY||$50|
|Checking Account||0.07% APY||$2500|
|Certificates of Deposit|| ||$500 for all terms|
|Money Market Accounts||0.15% APY 0.25% APY||$10000 $15000|
Bank of Jackson Hole offers several deposit products including savings accounts, checking accounts, money market accounts and CDs that provide you with many options to manage your money. Bank of Jackson Hole does not have the best savings rate, which means you should consider looking 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. Bank of Jackson Hole's CD rates are fair in comparison to the average U.S. bank.Back to Overview
Find a Bank of Jackson Hole Near Me
Bank of Jackson Hole has 10 locations across the U.S.Back to Overview