Established in 2007, FineMark National Bank & Trust has $2 billion in assets along with deposits totaling $1 billion, making the institution a large bank. FineMark National Bank & Trust, whose headquarters are in Fort Myers, Florida, lacks premium access to support representatives, with no live chat or all-day service options available. It is a conventional brick-and-mortar bank with access to service representatives at a physical location, in addition to its online and mobile offerings. Overall, FineMark National Bank & Trust is a respectable bank that deserves your consideration, with a score of 3.9 out of 5 stars from the SmartAsset team. FineMark National Bank & Trust provides customers with the full selection of product offerings, which include savings accounts, checking accounts, money market accounts, CDs, IRAs, mortgage products and credit cards. FineMark National Bank & Trust has a fair savings rate compared to the average savings account. If you're looking for a checking account for everyday use, FineMark National Bank & Trust's standard checking account does not have a monthly fee. Institutions that offer no-fee checking and a high savings APY are the best bet for accruing the highest income from your deposits while having easy 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 0.05%, FineMark National Bank & Trust ranks poorly in comparison to the national average. FineMark National Bank & Trust's one-year CD has a rate of 0.40% and the five-year CD earns at a rate of 1.00%, while its highest-yielding money market account earns at an APY of 0.01%. Given FineMark National Bank & Trust's below average savings rate, you should consider opting for higher earning savings accounts with other banks.
How FineMark National Bank & Trust's Savings Rates Compare
FineMark National Bank & Trust has generally extremely low fees as compared against the national average. FineMark National Bank & Trust's checking account has no monthly fee, ranking it excellent for anyone looking for a simple account. For those who withdraw cash frequently, it is ideal because it charges no out-of-network ATM fees. FineMark National Bank & Trust unfortunately does not refund out-of-network ATM fees, which means you will be required to search for a FineMark National Bank & Trust ATM or accept the cost of withdrawal.
FineMark National Bank & Trust is a brick-and-mortar bank, with 13 total branches in Arizona, Florida and South Carolina. With mobile and web apps, FineMark National Bank & Trust makes mobile banking convenient, even on the go. It does not offer all-day customer service with actual service representatives. You can get help during its hours, which are Monday through Friday and 8:00 a.m. to 5:00 p.m. ET. FineMark National Bank & Trust's mobile app lets you control your accounts by monitoring account balances, sending and receiving funds as well as reaching customer service. FineMark National Bank & Trust gets a superb consumer satisfaction rating based on relatively few consumer complaints registered with the Consumer Financial Protection Bureau (CFPB), a government financial agency that protects consumers in the financial sector.
FineMark National Bank & Trust ranks as a large bank owning $2 billion in assets as well as $1 billion in deposits. FineMark National Bank & Trust's Texas Ratio is 0.02%, suggesting that the bank is in terrific financial health and far from failure. Additionally, FineMark National Bank & Trust 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 FineMark National Bank & Trust to Other Competitive Offers
|Product||Current Terms and Rates||Minimum Balance for APY|
|Savings Account||0.05% APY||$1|
|Checking Account||0.01% APY||$1|
|Certificates of Deposit|| ||$10000 for all terms|
|Money Market Account||0.01% APY||$5000|
FineMark National Bank & Trust has several deposit products like savings accounts, checking accounts, money market accounts and CDs to give you many options to manage your money. FineMark National Bank & Trust does not have the best savings rate, which means you should think about 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. FineMark National Bank & Trust's CD rates are fair compared to the average U.S. bank.Back to Overview
Find a FineMark National Bank & Trust Near Me
FineMark National Bank & Trust has 13 locations across the U.S.Back to Overview