So, what is this website? Can you trust this bank? The primis meanders first. As the name shows, it is the first bank that makes your life easy by opening an account. Here, you can get your account while sitting at home. All you need to do is click on the “open account” button.
They have turned conventional banking on its head. They think, move, and grow like a tech firm to bring people refined offerings that are simple to guide and utilize. Also, it is all approved by the FDIC.
When you search on Google, you may see many names that offer the same services as this bank. But you cannot try any random number when it comes to banking. It will help if you are looking for various factors like interest rates, security measures, the level of caregiver service, and much more.
In our Primis Bank review, we covered each aspect of the bank. Here you will find out about the feedback from the customers. What are their policies? Can we approach the issue case?
Which Bank is Most Trustworthy?
The Lifestory Research 2022 America’s Most Trusted® Bank Study discovered Chase as the most trusted bank. The America’s Most Trusted® Study is a large-scale research study of clients in the US that seeks to determine the labels that individuals trust within their sectors.
What is Primis Bank?
Primis is the foremost bank to have it right. They combine the support of an FDIC-insured organization with the brains of a tech firm.
What makes it the best?
- TRAILBLAZING TECH: They don’t make money available anywhere, anytime; we directly bring the bank to you.
- EXPANDED OFFERINGS: People need never stop at loans, checking, and savings, and neither do their services.
- SOLUTIONS FOR ALL: To all the businesses and side hustlers: They see you. Their tools simplify your company and life.
Primis is headquartered in Tappahannock. Is it the 10th largest bank in Virginia? It is the 360th largest bank in the country. It was founded in 2005, and as of June 2022, it had increased to 480 workers at 38 sites. Primis’ savings rates are 10 times the national average, including a B-plus health rating.
Is Primis a bank?
Most of you need clarification about whether Primis is the bank or not. They think, move, and grow like a tech firm to bring people sophisticated offerings that are simple to guide and use. Is it all backed by the FDIC? (They might not be a standard bank, but they are still a bank.)
Is Primis Bank Safe?
It is the main query of most people. When it comes to banking, safety is the main concern. Primis Bank is an FDIC-insured institution found in Tappahannock, VA. It was established in 2005 and had app $3.23 B in assets.
What Is The Interest Rate For Primis Bank?
So, do you know about the interest rate of Primis Bank? If yes, then here are the details. It is 4.92%
What will one find? A straight-forward stake rate: of 4.92% with an annual share yield (APY*) of 5.03%. There is no cap! While FDIC insurance covers around $250,000, they would not cap people’s interest.
Is Primis Bank FDIC-insured?
Do you know the best part about this bank? Primis is a member of the Federal Deposit Insurance Corporation (FDIC). What does it mean? It means your deposit accounts are guaranteed. If you want to learn more about it, feel free to visit the FDIC’s website.
Primis Bank Reviews By Consumers
Here are the reviews from the clients about this bank.
One of the clients stated, “Easy Online Application for Savings Account.” “I found it very easy to open a savings account (5.13%) online. It only took two business days to link an external account and fund the Primis account. I didn’t have to call customer service, so I cannot comment on that, but the online application was a snap.”
Another stated, “It is very easy to open an account, fund it, and link external accounts.”
Two minor issues:
1. One has to request the 40 free checks, which are not automatically sent out.
2. There are several apps in the Android app store. The correct one is “Primis Digital Mobile App.”
PROS:
- It is FDIC insured.
- It offers a 4.92 percent interest rate.
- Many great reviews from buyers.
CONS:
- We are still looking for them.
The Final Verdict (Primis bank Reviews)
Here are our final reviews of Primis Bank. It is a safe and trusted name. The best thing is that it is 100 percent FDIC-insured and offers good interest. It also has a lot of positive feedback from customers about its services. Do we recommend this bank to you? Yes.