| Reading "Emigrant Bank Ratings" before going with | | | | Their services are relatively cheap compared with a |
| them is critical. Here is an unbiased review of this | | | | lot of other financial institutions. They don't nickel and |
| company. | | | | dime you on everything. |
| Services offered | | | | Location |
| They are a "savings bank"... but they offer more than | | | | This is one of the main negative about Emigrant-they |
| just savings accounts. They also are in the mortgage, | | | | only have branches in New York. |
| investment and insurance businesses. | | | | They do offer accounts in 20 other states... but if you |
| But almost every bank offers these features-so how | | | | have any questions about your account you will have |
| does Emigrant stack up? Let's find out... | | | | to deal with them over the phone. This brings us to... |
| Mortgage and loan rates | | | | Customer service |
| These are usually quite good, and are one of the | | | | Aside from location, this is probably their weakest point. |
| primary reasons they have been in business as long | | | | Like a lot of companies in this industry, the customer |
| as they have. | | | | service can leave a lot to be desired. |
| Savings account interest rates | | | | Account sign-up process |
| Their interest rates are very competitive and | | | | This is their second weakest trait. It takes a LONG |
| consistently higher than average. You won't get much | | | | TIME to sign up-and it's much more complicated than it |
| more bang for your buck other places. | | | | should be. |
| One of the main reasons for their great interest rates | | | | Customer feedback |
| is that they only have about 35 physical branches-all of | | | | They generally score quite well among |
| which are in New York. In other words, they have very | | | | consumers-something you don't see with many other |
| low inventory expenses. | | | | financial institutions. |
| Fees | | | | |