Wintrust Financial Reviews

Wintrust Financial

This article explains all you need to know about Wintrust Financial.

Wintrust Financial Overview 

Wintrust Bank, founded in 1994, has $5 billion in assets and $4 billion in deposits, making it a big bank. Wintrust Bank, based in Chicago, Illinois, does not offer live chat or all-day service. It is a traditional bank having branch locations, as well as online and mobile banking. With 4.1 out of 5 stars, Wintrust Bank should be a strong contender for your business.

Wintrust Bank offers savings, checking, money market, mortgage, and credit card accounts. Other prominent banks offer better savings rates than Wintrust Bank. The bank’s regular checking account has no monthly cost for stress-free personal checking. You can get the most out of your contributions by finding a bank that offers free checking and high-interest savings accounts. 

Wintrust Financial Rates 

The Rates ranking compares specific bank product interest rates to the national average interest rate for each product. Branch interest rates may vary. The rates shown are the highest nationwide. 

For example, if an ATM fee is refunded, this affects the bank’s Fees rating. 

Good Service 

The Customer Experience ranking is based on the Consumer Financial Protection Bureau’s complaints (CFPB). 

Wintrust Financial Finances 

To be called Excellent, the Texas Ratio must be below 5%; Very Good, below 20%; Good, below 50%; Fair, above 90%; and Poor. 

Wintrust Bank’s savings rate is 0.10 percent, which is below average in the US. Wintrust Bank’s one-year CD yields 0.15 percent, its five-year CD yields 0.95 percent, and its highest-yielding money market account yields 0.10 percent. With Wintrust Bank’s noncompetitive savings rate, you should consider other possibilities. 

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Good Service 

Wintrust Bank has 28 locations in Illinois. Wintrust Bank’s mobile and web apps make mobile banking simple. Wintrust Bank’s mobile banking services are inadequate. The Wintrust Bank mobile app has a 3.0 out of 5 rating on both iOS and Android (compared to the national average of 3.8). The Wintrust Bank mobile app allows you to check current statements, transfer funds, and contact customer service. Wintrust Bank has a high consumer satisfaction rating because the Consumer Financial Protection Bureau (CFPB) receives relatively few complaints.

Wintrust Financial: Conclusion 

Thanks for taking the time to read this blog post on Wintrust Financial.

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