How we assure the independence and accuracy of our bank, credit union and mortgage provider ratings
With ratings data and coverage of every bank and credit union financial institution in the United States, our carefully constructed analysis and commentary (full reports, real time updates, mortgage rate displays and calculators) means BanksBestRates is the only independent source of information on the internet.
Our comprehensive package of financial institution ratings and research is entirely free of partnership or advertiser input and thus, objective in the best sense of the term.
Our criteria report lays out BanksBestRates’ methodology for displaying the latest ratings to and helps you monitor existing ratings of banks such as commercial and policy banks, bank holding companies, credit unions and mortgage institutions.
We consider essential factors in our calculation algorithm including company profiles, management and strategy concerns, risk factors and financial profile information.
In addition, we monitor and report on long-term ratings issues of banks and credit unions, the health of various common elements of other corporate and private finance sectors and real-time enforcement actions information directly from the FDIC.
With so thousands of financial institutions to consider, it can be difficult to know which of them are worthy of your trust.
BanksBestRates’s huge list of independent bank reviews is updated in real time. You can count on our editorial team and financial advisor reviews on each bank. Our detailed listings of each institution’s customer service, savings account, checking account, money market account and management practices provide you with bulletproof information to guide your selection.
We sort through the financial information background noise for you to help you find and partner with the right bank for you.