Founded in 1895, Guardian Savings Bank has $930 million in assets and deposits totaling $817 million, classifying the institution as a medium-size bank. Guardian Savings Bank, whose headquarters are in West Chester, Ohio, lacks premium access to customer service, with no options for live chat or all-day service. It is a conventional brick-and-mortar bank with access to service representatives at a physical location, in addition to its online and mobile apps. We gave Guardian Savings Bank a 3.8 stars out of 5, which means it is a decent bank that leaves room for improvement. Guardian Savings Bank offers a variety of banking products, which include savings accounts, checking accounts, CDs, IRAs, mortgage products and credit cards. Guardian Savings Bank has a fair savings rate; other popular banks have higher rates. If you're looking for a checking account for everyday use, the bank's standard checking account does not carry a monthly charge. Banks that offer free checking and a high interest rate savings account are your best option for returning the most income on your deposits while having convenient access to your funds.
The overall rating is a weighted average of rates, fees, service quality and financial health.Read more
With a savings rate of 0.10%, Guardian Savings Bank ranks poorly as compared against the national average. Guardian Savings Bank's one-year CD has a rate of 1.50% and the five-year CD has a rate of 2.50%. Given its below average savings rate, you should think about choosing another bank to earn more on your deposits.
How Guardian Savings Bank's Savings Rates Compare
Guardian Savings Bank has typically extremely low fees as compared against the national average. Its checking account has no monthly fee, ranking it excellent for anyone looking for a simple account. Guardian Savings Bank does not refund out-of-network ATM fees, meaning you will be required to locate a Guardian Savings Bank ATM or eat the withdrawal fee.
Guardian Savings Bank is a brick-and-mortar bank, with 11 total bank locations in Kentucky and Ohio. With a mobile app, Guardian Savings Bank provides convenient mobile banking, even from home or work. Guardian Savings Bank receives an exceptional consumer satisfaction rating based on comparatively few complaints registered with the Consumer Financial Protection Bureau (CFPB), a government-sponsored consumer protection agency.
Guardian Savings Bank ranks as a medium-size bank owning assets totaling $930 million as well as $817 million in deposits. Guardian Savings Bank's Texas Ratio is 7.05%, signifying that Guardian Savings Bank is in fine financial well-being and far from failure. Additionally, Guardian Savings Bank 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 Guardian Savings Bank to Other Competitive Offers
|Product||Current Terms and Rates||Minimum Balance for APY|
|Savings Account||0.1% APY||$100|
|Checking Account||0.15% APY||$2500|
|Certificates of Deposit|| ||$500 for all terms|
Guardian Savings Bank has several deposit products including savings accounts, checking accounts and CDs that provide you with many options to manage your money. Guardian Savings Bank does not have the best savings rate, which means you should consider taking a look 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. Guardian Savings Bank's CD rates are fair compared to the average U.S. bank.Back to Overview
Find a Guardian Savings Bank Near Me
Guardian Savings Bank has 11 physical branches in the U.S.Back to Overview