Irwin Union Bank
Indiana-based Irwin Union Bank
is one of the latest traditional banks to offer online bank accounts to their consumers. The Irwin Union Bank and Trust Company was founded in 1871, and presently operates locally-managed bank branches in a number of states, including Indiana, Michigan, Utah, and Nevada. Its sister company, Irwin Union Bank F.S.B., operates locally-managed banks in Arizona, Missouri, Wisconsin, Kentucky, California, and New Mexico.
Service Offerings
Irwin Union Bank offers a broad array of services, typical of most big banks, including checking, savings, loans, CDs, and brokerage services. They specifically target the small business and entrepreneurial markets, with a variety of business banking products. Most of their service offerings may now be managed online, making the Irwin Union Bank web site a one-stop-shop for most financial services required by its customers.
One of the Better Deals Among Traditional Banks
Typical of more traditional banks, Irwin Union pays lower rates than pure-play online banks. However, its checking accounts are refreshingly transparent, with no hidden fees. Plus they are one of the few old-guard banks to pay interest on checking balances above a certain threshold. And while the rates paid are low, anything is better than nothing. Thus they have earned a spot on our list of the best online banks
Quality Service
In addition to other features, Irwin Union Bank has earned a reputation for friendly and effective customer service. Obviously for anyone looking a traditional banks, quality of service is an important consideration, as it's part of what you're paying for in the form of lower rates. From what customers say in online reviews,
Irwin Union Bank scores well.
