Pinnacle Bank - Wyoming started in 1918 with its headquarters in Torrington, Wyoming. Pinnacle Bank - Wyoming owns assets of $807 million along with $711 million in deposits, ranking it as a medium-size bank. Pinnacle Bank - Wyoming has above-average customer service access with a live chat feature, great for getting help during the work week. It is a conventional brick-and-mortar bank with in-person service, in addition to its online and mobile apps. Overall, Pinnacle Bank - Wyoming is an excellent bank that you should strongly consider, with a rating of 4.5 stars out of 5 from the SmartAsset experts. Pinnacle Bank - Wyoming provides customers with a selection of product offerings, including savings accounts, checking accounts, CDs, IRAs, mortgage products and credit cards. It has a fair savings rate; you can find higher rates with other banks. If you're interested in stress-free personal checking, Pinnacle Bank - Wyoming's most basic checking account does not carry a monthly maintenance charge. Locating a checking account with no monthly fee, in addition to a savings account with a high interest rate at the same institution is the best bet for accruing the most 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
Pinnacle Bank - Wyoming features a savings rate of 0.60%, which is fair compared to other U.S. banks. Pinnacle Bank - Wyoming's CD rates are 2.14% and 2.83% for the one-year and five-year term lengths, respectively, while its highest-yielding money market account earns at an APY of 1.00%. Given Pinnacle Bank - Wyoming's below average savings rate, you should consider looking elsewhere to open savings accounts.
How Pinnacle Bank - Wyoming's Savings Rates Compare
On average, Pinnacle Bank - Wyoming charges customers extremely low fees in comparison to the average U.S. bank. Pinnacle Bank - Wyoming's checking account has no monthly fee, making it excellent for anyone looking for a simple account. Pinnacle Bank - Wyoming unfortunately doesn't refund out-of-network ATM fees, meaning you'll be required to find a Pinnacle Bank - Wyoming ATM or pay the cost of withdrawal.
Pinnacle Bank - Wyoming is a brick-and-mortar bank, with 15 total branches in Nebraska and Wyoming. It also offers access to mobile and web apps for an easy mobile-banking experience. Pinnacle Bank - Wyoming also offers a live chat feature, which may provide helpful service without getting on the phone. Pinnacle Bank - Wyoming receives reasonably high marks from customers for its online presence. Out of 72 ratings on both Apple and Android platforms, the Pinnacle Bank - Wyoming mobile app is scored at 4.0 out of 5 (compared to the national average of 3.8). You can use Pinnacle Bank - Wyoming's mobile app to control your funds by monitoring monthly statements, transferring funds and accessing support representatives. Pinnacle Bank - Wyoming gets a superb consumer satisfaction score based on relatively few complaints brought to the Consumer Financial Protection Bureau (CFPB), a government financial agency that protects consumers in the financial sector.
Pinnacle Bank - Wyoming is currently a medium-size bank and handles assets totaling $807 million as well as deposits totaling $711 million. It has a strong Texas Ratio of 7.13%, denoting that Pinnacle Bank - Wyoming is in fine financial shape and unlikely to fail. Additionally, Pinnacle Bank - Wyoming 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 Pinnacle Bank - Wyoming to Other Competitive Offers
|Product||Current Terms and Rates||Minimum Balance for APY|
|Savings Account||0.6% APY||$100|
|Checking Account||0.26% APY||$1000|
|Certificates of Deposit|| ||$500 for all terms|
|Money Market Account||0.8% APY||$1|
Pinnacle Bank - Wyoming offers several deposit products including savings accounts, checking accounts and CDs that provide you with many options to manage your money. Pinnacle Bank - Wyoming does not have the best savings rate, which means you should consider other options 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. Pinnacle Bank - Wyoming's CD rates are fair compared to the average U.S. bank.Back to Overview
Find a Pinnacle Bank - Wyoming Near Me
Pinnacle Bank - Wyoming has 15 locations across the U.S.Back to Overview