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Greenville National Bank Review

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Greenville National Bank Savings
0.05% APY
1. Overview 2. How We Rated It 3. Products Offered 4. Branch Locations

Overview

Established in 1934, Greenville National Bank has assets totaling $421 million along with deposits totaling $350 million, which makes the institution a medium-size bank. Greenville National Bank, whose headquarters are in Greenville, Ohio, lacks premium access to customer service, 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. With a commendable 4.2 out of 5 stars, Greenville National Bank proves it is a great choice and should warrant serious consideration. Greenville National Bank provides customers with multiple banking products, including savings accounts, checking accounts, CDs, IRAs, mortgage products and credit cards. Greenville National Bank has a fair savings rate; other popular banks have higher rates. If you're interested in stress-free personal checking, the bank's standard checking does not have a monthly fee. Using an institution with no-fee checking and a high savings APY is the best option for gaining the most income from your deposits while maintaining convenient access to your money.

How We Rated It

SmartAsset's Overall Rating

4.2/5
National Average: 4.1

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

Rates

2.9
SmartAsset Average: 3.5

With a savings rate of 0.05%, Greenville National Bank ranks poorly in comparison to the average U.S. bank. Its one-year CD earns at a rate of 0.30% and the five-year CD has a rate of 3.05%, while its highest-yielding money market account has a rate of 0.35%. Given Greenville National Bank's noncompetitive savings rate, you should consider opting for higher earning savings accounts with other banks.

How Greenville National Bank's Savings Rates Compare

Greenville National Bank Savings 0.05 National Average 0.26 Compare Offers
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Fees

5.0
SmartAsset Average: 4.4

Greenville National Bank charges customers extremely low fees compared to the average U.S. bank. Its checking account has no monthly fee, which makes it excellent for anyone looking for a hassle-free account. Greenville National Bank unfortunately doesn't reimburse out-of-network ATM fees, meaning you'll be required to locate a Greenville National Bank ATM or accept the cost of withdrawal.

Monthly Fee $0 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

4.1
SmartAsset Average: 3.7

Greenville National Bank is a brick-and-mortar bank, with nine total branches in Indiana and Ohio. With mobile and web apps, Greenville National Bank makes mobile banking easy, even on the go. It does not provide access to all-day customer service with representatives. You can get help during its customer service hours, which are Monday through Thursday, 8:00 a.m. to 4:30 p.m. ET; Friday, 8:00 a.m. to 6:00 p.m. ET; Saturday, and 8:00 a.m. to 11:30 a.m. ET. Greenville National Bank's online and mobile banking platforms get fairly high marks from users. The Greenville National Bank mobile app rates a 4.3 out of 5 (with 13 customer reviews on Apple and Android) compared to the national average of 3.8. Greenville National Bank's mobile app lets you control your finances by checking monthly statements, transferring money as well as accessing customer service. Greenville National Bank receives a superb consumer satisfaction score due to comparatively few complaints filed with the Consumer Financial Protection Bureau (CFPB), a government-sponsored consumer protection agency.

Overall Mobile Rating 4.3/5
Consumer Satisfaction Rating 5.0/5
Online Banking Portal No
Live Chat No
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Financial Health

4.7
SmartAsset Average: 4.8

Greenville National Bank ranks as a medium-size bank owning assets totaling $421 million as well as $350 million in deposits. Greenville National Bank's Texas Ratio is 6.31%, suggesting a tiny opportunity of failure. Additionally, Greenville National Bank is FDIC-insured, meaning that your money is insured up to $250,000, even in the event of bank failure.

Texas Ratio Analysis

6.31%
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.

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Compare Greenville National Bank to Other Competitive Offers

Products Offered

Product Current Terms and Rates Minimum Balance for APY
Savings Account 0.05% APY $1
Checking Account 0.05% APY $750
Certificates of Deposit
  • 12 Month: 0.30% APY
  • 24 Month: 0.55% APY
  • 36 Month: 0.80% APY
  • 48 Month: 0.85% APY
  • 60 Month: 3.05% APY
$1000 for all terms
Money Market Account 0.25% APY $5000

Greenville National Bank has several deposit products including savings accounts, checking accounts and CDs that provide you with many options to manage your money. Greenville National Bank 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. Greenville National Bank's CD rates are fair in comparison to the national average.

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Find a Greenville National Bank Near Me

Greenville National Bank has nine physical branches in the U.S.

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