FNBO Direct Bank Review 2022
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FNBO Direct is best for those who don’t need to write checks out of a checking account and who want an online savings account with a competitive yield.
- Free Checking
- High APY
FNBO Direct is FNBO's online bank. It offers a checking account and a savings account nationwide.
FNBO Direct doesn’t charge monthly maintenance fees on its checking and savings accounts.
Both checking and savings accounts earn interest.
You need only $1 to open an Online Savings Account or an Online Checking Account.
Checking account customers have access to a big ATM network.
FNBO Direct customers can't withdraw funds at an FNBO branch.
You can find other online banks that offer higher yields.
The checking account doesn’t include checks, which may not be suitable for some consumers.
Certificates of deposit and a money market account aren’t available.
FNBO Direct bank products
FNBO Direct savings overview
Customers can manage the account online or through the bank's mobile app, but not at a branch. The account can be used with Popmoney, a service for transferring funds directly to others.
The Online Savings Account offers a competitive yield.
There is no minimum balance requirement.
The Online Savings Account doesn’t have a monthly maintenance fee.
You start earning interest on your first penny in the account.
There are limits to how much you can withdraw. For example, you can’t withdraw more than $100,000 on a business day or in a single transaction.
The bank’s Next Day Transfer Service is limited to a transfer of $3,000 in a business day, $3,000 in a single transaction or $10,000 in any one month.
The fee for an outgoing domestic wire transfer is $15.
FNBO Direct is an online bank and it doesn’t have any branches. Customers can use Popmoney to transfer money to others. Digital payments from the Online Checking Account can be made with Apple Pay or Samsung Pay. Online accounts are accessible 24/7, and FNBO Direct customers have access to customer service by telephone, though hours of availability aren’t noted on its website.
FNBO Direct’s mobile app has received mediocre ratings in the Google Play and Apple App stores.
About FNBO Direct
FNBO Direct is the online division of FNBO, formerly the First National Bank of Omaha. Even though FNBO Direct accounts are offered through FNBO, FNBO Direct customers can't withdraw money with an FNBO branch teller.
FNBO Direct has two personal accounts, and both earn interest: a checking account and a savings account. They are available to residents in all 50 states. Online Checking Account customers can use the Allpoint ATM network, which includes 55,000 surcharge-free ATMs. FNBO Direct also offers mobile banking and the ability to send person-to-person payments using Popmoney.
We assign a score to each type of account and its features, weigh them carefully based on importance to account holders and determine an overall score. Read our full review methodology.