Founded in 2005, Bryant Bank has assets totaling $2 billion and deposits totaling $1 billion, making the institution a large bank. Bryant Bank, whose headquarters are in Tuscaloosa, Alabama, lacks premium access to support representatives, with no live chat or all-day service options available. It is a traditional brick-and-mortar bank with access to service representatives at a physical location, in addition to its online and mobile offerings. We gave Bryant Bank a 3.7 stars out of 5, which means it is an average bank that leaves room for improvement.
Bryant Bank provides customers with a diverse array of product offerings, including savings accounts, checking accounts, money market accounts, CDs, mortgage products and credit cards. Bryant Bank offers an average savings account interest rate, appropriate if you need a superior spot to stash your money than a checking account. The bank's standard checking account maintains a monthly fee of $8.00, which may be better for customers that will always carry a large balance. Why use checking and savings accounts with one bank? Fast transferring between both accounts translates to better interest rates in your savings account with the ease of spending from your checking.
Bryant Bank is a brick-and-mortar bank, with 16 total branches in Alabama. It also offers access to mobile and web apps for easy access and banking on the go.
Bryant Bank's online and mobile banking services receive great feedback from customers: the Bryant Bank mobile app scored a 4.5 out of 5 (out of 30 ratings on Apple and Android) compared to the national average of 3.8. You can access Bryant Bank's app to control your accounts by reviewing current statements, sending and receiving money and reaching customer service. Bryant Bank gets a superb consumer satisfaction score due to comparatively few consumer complaints filed with the Consumer Financial Protection Bureau (CFPB), a government financial agency that protects consumers in the financial sector.
|Product||Current Terms and Rates||Minimum Balance for APY|
|Savings Accounts||0.15% APY||$1||Compare Offers|
|Certificates of Deposit|| ||$500 for all tiers||Compare Offers|
|Money Market Accounts|| || ||Compare Offers|
|Checking Accounts||0.01% APY||$1||Compare Offers|
Bryant Bank has several deposit products which include savings accounts, checking accounts, money market accounts and CDs, providing you with many options to manage your money. Bryant Bank does not have the best savings rate, which means you should consider taking a look elsewhere for banks that offer more return for your money. CDs can be a terrific option to achieve higher returns, but there are limitations to accessing your money. Bryant Bank's CD rates are fair compared to the national average.
With a savings rate of 0.15%, Bryant Bank ranks below the mean in comparison to the average U.S. bank. Bryant Bank's CD rates are 1.00% and 1.45% for the one-year and five-year term lengths, respectively, while its highest-yielding money market account earns at a rate of 0.20%. With a fair savings rate, Bryant Bank's savings account is ideal if you want to save for an important milestone like a new mortgage.
Compare Bryant Bank to Other Competitive Offers
Bryant Bank typically has high fees in comparison to the average U.S. bank. Bryant Bank's checking account has a monthly fee of $8.00, rating it fair for anyone looking for a hassle-free account.
Bryant Bank ranks as a large bank and manages $2 billion in assets and deposits totaling $1 billion. It has an excellent Texas Ratio of 1.18%, signifying an exceptionally low probability of failure. Additionally, Bryant Bank is FDIC-insured, meaning that your money is insured (up to $250,000) even in the event of bank failure.
Find a Bryant Bank Near Me
Bryant Bank has 16 physical branches in the U.S.