Investors Bank Review 2023
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At a glance

CDs
Checking
Savings
MMA
About Bankrate Score
Overview
Investors Bank is good for consumers who live within its branch footprint in New York, New Jersey and Pennsylvania, and want a bank with a range of deposit and loan products, and digital banking tools.
Highlights
- Low Min Deposit

Bankrate Savings rating = 4.9/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.

Bankrate Savings rating = 4.7/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.

Bankrate Savings rating = 4.7/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
Overall
Investors Bank has been around for more than 90 years and offers a variety of banking products online and at more than 150 branches.
Pros
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Deposit requirements for CDs and savings accounts are low.
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The bank provides online and mobile banking tools.
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It has a large branch network.
Cons
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Physical branches are limited to New Jersey, New York and Pennsylvania.
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Not all accounts can be opened online.
Investors Bank bank products
Investors Bank savings overview
The principal savings account is YourStyle Savings, which can be opened with $50. The monthly $5 monthly fee ($4 with eStatements) is waived for students age 18 to 24, seniors 62 and older and U.S. military veterans and active-duty personnel. Otherwise, a $300 balance is required to avoid the monthly fee.
Pros
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You earn higher rates on higher balances.
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The interest kicks in with only a $50 balance.
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The minimum deposit to open YourStyle Savings is only $50.
Cons
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You can find higher yields elsewhere.
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You must have a YourStyle Plus Checking account to open the High-Yield Savings account.
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You must have at least $5,000 in the High-Yield Savings account to earn the best rate.

Bankrate Savings rating = 4.9/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
Bank experience
Investors Bank is a brick-and-mortar bank that doesn’t skimp on its digital banking tools. With an online Investors Bank account, data can be linked from other bank accounts, enabling users to analyze all of their accounts from a single digital hub. Purchases can be made using a smartphone, tablet or smartwatch by connecting an Investors Bank debit card to Apple Pay, Google Pay or Samsung Pay. Its mobile app gets mixed reviews among iOS and Android device users.
A bank representative is available by phone 8 a.m. to 8 p.m., Monday through Friday, and 8 a.m. to 6 p.m., Saturday and Sunday. Existing customers with online banking have access to a secure live chat feature.
About Investors Bank
Investors Bank was founded in New Jersey in 1926 to make homeownership more affordable to the community.
Today, Investors Bank, which is based in Short Hills, New Jersey, operates 154 branches in New York, New Jersey and Pennsylvania. It has over $20 billion in assets. Investors Bank offers certificates of deposit, checking accounts, savings and money market accounts, and mortgages and personal loans.
Review methodology
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.