Barclays Bank Delaware is the official name of Barclays’ U.S. retail internet banking subsidiary. Barclays traces its roots back to a partnership that lent money to goldsmiths in London in 1690, and adopted the Barclays name in 1736. Barclays first launched a U.S. retail banking business in 1965, although Barclays Bank Delaware dates from 2003, when the U.K. parent bought credit card company Juniper Bank from CIBC.
Barclays began offering online savings accounts and CDs in 2012.
Barclays is a good choice if you would like to deposit your funds in high-yielding savings accounts or CDs. If you need regular banking services — or even quick access to deposit funds — you should look elsewhere.