Bank X is an internet-based bank operating under its parent company, BofI Federal Bank. Being a branchless bank, Bank X offers competitive rates and accounts by communicating with clients electronically, rather than with paper. Because Bank X does not have its own ATMs, clients enjoy the convenience of access to any ATM in the nation while being reimbursed of any fees. Additionally, customers can bank with ease knowing that all deposits at Bank X are FDIC insured up to $250,000 per depositor.
Bank X offers an array of personal banking products to choose from. Clients enjoy no-fee checking with cash back rewards as well as the competitive rate and no monthly maintenance fees offered by the X savings account. Manage your finances 24/7 using Bank X's all-inclusive online and mobile banking services to check your balance, view your account transaction history and monitor activity, transfer funds, deposit check, locate ATMs and more. In addition, Bank X customers can speak with a Bank X mortgage consultant and apply for low interest mortgage rates, making purchasing or refinancing a home quick and easy.