San Diego – based Axos Financial, Inc., parent of Axos Bank, announced today that Axos Bank has been named as having one of the “Best Checking Accounts” in America, as well as being one of the “Best Online Banks,” by personal finance website MyBankTracker.com.
“We don’t charge monthly maintenance fees, we reimburse all ATM fees and, being a digital bank, we are able to adapt to our customers’ needs and innovate faster than a traditional bank. I think that’s why we’re continually recognized as being one of the best banks for consumers in America.”
In making this award, MyBankTracker cited Axos Bank customers’ ability to earn interest on their checking account balances. Axos Bank checking accounts are also generally free of maintenance fees, non-sufficient funds and other fees many traditional banks charge their customers. Some Axos accounts even offer unlimited ATM fee reimbursements.
“While other banks charge fees that are difficult to avoid, we provide a great checking account without those fees and pay our customers interest on their deposit balances with us,” said Elise Yung, Senior Vice President of Consumer Banking at Axos. “We don’t charge monthly maintenance fees, we reimburse all ATM fees and, being a digital bank, we are able to adapt to our customers’ needs and innovate faster than a traditional bank. I think that’s why we’re continually recognized as being one of the best banks for consumers in America.”
In choosing Axos Bank as having the Best Checking Account, MyBankTracker evaluated approximately 40 popular checking accounts based on widespread ATM access, branch locations, interest earned, perks, bonuses, fees and the ease of waiving them.
About Axos Financial, Inc.
Axos Financial, Inc. is the holding company for Axos Bank, a nationwide bank that provides financing for single and multifamily residential properties, small-to-medium size businesses in target sectors, and selected specialty finance receivables. With approximately $10 billion in assets, Axos Bank provides consumer and business banking products through its low-cost distribution channels and affinity partners. Axos Financial, Inc.’s common stock is listed on the NYSE under the symbol “AX” and is a component of the Russell 2000 Index and the S&P SmallCap 600 Index.
