Admirals Bank Reviews, Ratings – Bank Rates
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Admirals Bank gains their customers’ trust through knowledgeable bankers and personalized one-on-one service. They promise to provide the highest quality of service and to help reach your financial goals. Admirals Bank was founded in 1967 and was recently purchased by private investors in May of 2010. With the transition taking place, many new services and products will be announced. Through the process, Admirals Bank assures each customer will receive the highest level of customer service.
Personal, business and online banking are strong suits for Admirals Bank. Online banking is becoming vastly popular with today’s generation and Admirals Bank is making new and improved updates to market their amazing online service. With their online banking, transfers between accounts or paying bills become effortless. Customers are given 24/7 access to their accounts virtually anywhere with an internet connection. All personal information is safely secured with the top-notch security measures Admirals Bank has in place.
Savings, checking, automobile loans and mortgages are all available from Admirals Bank. They offer an array of checking accounts to meet the individual needs of each customer. The two checking accounts stirring the most attention are the Admirals Basic Checking and the Admirals Advantage Checking. With the Admirals Basic Checking, customers can open with a low $50.00 minimum opening deposit and do not have to worry about meeting balance requirements. There are no service charges on the account and the first order of checks is free. The Admirals Advantage Checking account has the same minimum opening deposit, but customers are given the chance to earn a 2.75% APY. There is no minimum balance to earn interest and no monthly service fee. It does require low monthly transaction requirements and comes equipped with a free Visa Debit Card and bill pay.
Admirals Bank’s savings accounts are easily attainable and can surely help with any savings goal. With low initial opening deposits, an individual can sky rocket their savings. The Admirals Savings account requires a $50.00 opening balance and there is no minimum balance to earn interest; however, a $50.00 minimum balance is required to void the $2 monthly service charge. All of the savings accounts require minimum balance requirements in order to avoid the low monthly service charges. The highest charge is with the Admirals Money Market account, which has a $7.50 monthly fee if the $1,000.00 minimum balance is not met.
Many different services and products are provided by Admirals Bank and with the transition taking its course, better things are coming. They realize their customers are the most important priority and continue to provide excellent service through their products and financial advice.
Additional Information: Rates described are as of 8/23/11.