Nationwide Bank: 21st century service, decades of experience
Nationwide, No. 85 on the 2014 Fortune 500 list of companies, traces its history back to 1926. The company, which began in the insurance business, has grown substantially over the last 80 years. In 2007, it expanded its line of financial services to include an online-only banking division, Nationwide Bank.
Nationwide Bank deposit accounts and financial products
Nationwide Bank offers various deposit products, including direct checking, interest checking and echecking options. For savings, you can choose between a regular savings account and a holiday savings account. You may also opt for a money market account or one of Nationwide's certificates of deposit (CDs), which feature terms from 3 months to 5 years. Nationwide Bank also offers IRA accounts to help build your retirement savings.
Since the bank opened, customers have had 24-hour-a-day access to their funds through online banking and bill pay. Customers can also access their Nationwide accounts by phone 24 hours a day and reach a Nationwide Bank employee by phone during business hours.
In addition to online banking, Nationwide customers have access to more than 70,000 surcharge-free ATMs where they can transfer funds, check their balances and withdraw cash. Mobile banking is also available with Nationwide Bank checking, savings and money market accounts. Customers can use their smartphones to access funds through a mobile app, a mobile Web browser and text messaging. They can also make deposits via mobile phone, as well as transfer funds and sign up for text alerts.
Nationwide financial products and industry honors
Nationwide customers can still turn to this institution for a wide range of insurance policies. Investment accounts are available through Nationwide, along with car, boat, RV and motorcycle loans. Consumers may also finance a home purchase through Nationwide, refinance a current home or apply for a home equity loan or line of credit. Finally, Nationwide's website also features a library of articles that aim to help consumers make wiser financial choices.
According to its 2014 annual report, Nationwide had assets of $195.2 billion at the end of 2013. As a company, Nationwide has earned an A or A+ rating from the Better Business Bureau in every year since 1955. The financial ratings agencies also hold Nationwide in high regard. In 2014, A.M. Best and Standard and Poor's each rated the company with an A+, and Moody's gave it an A1 rating in 2013.
All Nationwide Bank deposit accounts are fully FDIC-insured. For more information on current Nationwide deposit rates and terms, please review the tables below.