About Mutual of Omaha Bank
Mutual of Omaha is best known for its insurance and financial services, but it offers bank products through Mutual of Omaha Bank. Mutual of Omaha Bank offers a range of CDs, savings and checking accounts. The full-service bank is based in Omaha, Nebraska.
In August, the bank announced it will be acquired by CIT Group. Subject to regulatory approval, the transaction is expected to close in the first quarter of 2020.
Mutual of Omaha Bank is worth considering if you are looking for a place to park your short-term savings goals. However, CIT Bank is expected to acquire the regional bank. If you get an account with the bank now, expect a new parent company in 2020.