Northpointe Bank Review 2022
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This Michigan-based regional bank is good for consumers looking for competitive annual percentage yields (APYs) while paying low or no fees. However, the bank only has just one branch, so it’s not the best option for those who want to do most of their banking in-person.
- High APY
- Low Fees
- No Monthly Fees
Northpointe Bank is a Grand Rapids, Michigan-based bank that offers a variety of deposit products with competitive rates and charges low (if any) fees for the accounts.
Account fees are generally low.
Rates are competitive but not the best.
Northpointe reimburses ATM surcharges from other banks up to $15 a month.
Northpointe has just one branch.
Customer service hours are limited.
High minimum balances are required to earn the highest rates on certain accounts.
Northpointe Bank bank products
Northpointe Bank savings overview
Northpointe offers a competitive APY well above the national average.
Accounts can be opened with just $100.
There are no monthly service fees.
At least $5,000 is needed in the Ultimate Savings Account to get the highest APYs.
Accounts closed within the first 120 days are subject to a $10 fee.
Customers looking for general help with accounts will find that phone support is only available weekdays 8 a.m. to 6 p.m. Eastern time, though some automated banking services are available 24/7. Popmoney is available for customers looking for a P2P service. Northpointe does not yet offer customizable account alerts.
About Northpointe Bank
Northpointe Bank is a Grand Rapids, Michigan-based bank that offers competitive interest rates to its banking customers and charges low or no fees on its accounts.
Established in 1999, the regional bank offers checking accounts, money market accounts, CDs and savings accounts. Northpointe, however, has but one branch, so out-of-area customers can expect to do most banking online. Northpointe Bank also offers a number of home loan options.
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