Customers Bank Review | findbanks.com

Customers Bank Review – 2025 – High Interest, Secure Banking

Founded in 2009, Customers Bank has quickly grown into a major community-focused bank with over $22 billion in assets. They use advanced technology paired with a personal approach to help customers plan for their future. Their standout offering is a savings account with a 5.11% APY, which is much higher than what most banks offer.

Overall Score

★ ★ ★ ★ ★ Competitive APY

★ ★ ★ ★ ★ Secure Bank

★ ★ ★ ★ ☆ Add-Ons

★ ★ ★ ★ ★ Online Access

★ ★ ★ ★ ★ Low Fees

Pros

✔ High interest rate (5.11%)

✔ FDIC insured up to $250,000

✔ Strong security to keep funds and personal information safe

✔ Quick and easy access to online account

Cons

✖ Branch locations in less than 10 states

✖ Few CD options

Customers Bank High-Yield Savings Account

The Customers High-Yield Savings Account account offers a high yield savings option with a competitive 5.11% APY, making it an excellent choice for individuals looking to save money effectively. Additionally, it provides peace of mind as customer deposits are FDIC insured up to the maximum amount allowed by law.

For security, the bank utilizes the Raisin platform, which includes advanced security features such as encryption and multi-factor authentication, ensuring customer data remains protected. Moreover, customers benefit from the convenience of 24/7 access to their accounts online, enabling easy and efficient management of their finances at any time.

» Sign Up: Click here to open your Customers Savings Account in 5 minutes or less.

Bonus Features

Community Support – The bank helps with housing and supports local businesses, making a significant impact on the community.
Charitable Work – The bank supports a variety of social causes, from housing to education and health.
Special Savings Options – Through Raisin, the bank offers unique savings products (CDs) with competitive rates.
Quick Online Setup – It’s easy to start an account and manage it online, saving customers time.
Dedicated Support – The customer service team is quick and efficient.

Final Thoughts

Customers Bank provides a solid option for anyone looking to grow their savings securely. With its emphasis on high interest rates, community support, and top-notch security, the bank meets the needs of modern savers who value smart financial gains.

View Customers Savings Account ⮚

Whether you're setting up a new account or looking for effective ways to manage your investments, Customers Bank offers an appealing mix of benefits that promote both individual and community growth.

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Frequently Asked Questions (FAQ)

How do I deposit, withdraw, and handle bill payments online?

You can deposit and withdrawal funds into your online account, and manage bills using your bank's secure mobile app, website portal, or by visiting an ATM. To deposit funds into your account, you can transfer money from another account, deposit mobile checks by uploading images of the front and back, use ATMs, or set up direct deposits for recurring incoming payments. For withdrawals, you can transfer money to another account, use ATMs, or request an electronic transfer. Use your online account's automatic payments and bill notifications features so you never miss a payment.

How soon can I use my online bank account?

In most cases, you can use your online bank account right away. Opening an online account is fast, often taking just 10 to 15 minutes. Approval is typically granted immediately after application submission, allowing you to create your account, login, and begin banking straight away. If additional verification is needed, approval can take an additional 1 to 2 days.

Will my online bank have free ATMs?

Yes, nearly all online banks provide free ATMs nationwide and/or automatic reimbursements for ATM fees. Most online banks partner with large ATM networks to provide easy access to ATMs no matter where you live. If you run into difficulty locating in-network ATMs, oftentimes the bank will reimburse any out-of-network ATM charges.

What are some good banks to bank with?

The best bank depends on your financial needs. First, determine whether a checking account for everyday transactions or a savings account to earn interest on your deposits is right for you. Then, look for banks that offer low or no fees. competitive interest rates, great customer reviews, and helpful digital tools to manage your finances easily.

Are online banks safe?

Yes, online banks must adhere to strict government regulations and licensing requirements just as traditional banks must, and many provide the same level of FDIC insurance. Robust encryption and cyber-security keep your personal information safe, in a similar way that traditional banks keep their customer databases secure. Selecting a reputable financial institution is key to any safe banking, so be sure to carefully evaluate and compare banks before agreeing to any terms.

What are FDIC insured online banks?

FDIC insured banks are financial institutions that are insured by the Federal Deposit Insurance Corporation (FDIC). This insurance protects deposits up to $250,000 per depositor, per bank, meaning, in the event a bank ever fails, your money is secure.