Bank Ratings :: 5 3 Bank

5 3 Bank: Should You Bank With 5/3?

You’ve probably heard of the 5 3 bank, as these are quite popular among consumers today. The company is centered in Cincinnati, and has branches in twelve different states, all in the eastern Unite States and Midwest.

It actually is one of the biggest money managers in the Midwest, as it contains about two hundred and twenty three billion assets. What are the functions it serves? It lends money, as well as handles regular bank accounts, and also gives out credit cards. However, you might want to avoid the credit cards, as you will see later on.

If you look them up online, you generally can get a fairly accurate viewpoint of how effective they are, and this is true for any bank or company you are considering working with. when you look up 5 3 bank, the complaints start pouring in.

One of the things that the bank does is they have often sell your name and contact info to other companies when you opt in tot heir offers, obviously a tremendous annoyance, since you weren’t signing up to receive offers from other companies. Whether they still do this or not remains to bee seen, but beware of this before giving them your contact info.

Also, the 5/3 bank credit cards have been known on many occasions to just stop working for no apparent reason, so if you attempt to use them on a trip or somewhere else, be sure to have a backup plan, or you might find yourself stranded.

Also, the 5/3 bank is known for having relatively poor quality customer service, and are not very helpful when you experience problems with your account. I could give many examples of this, but you really just have to do your own research to find this out. Just keep in mind that they always score low in terms of overall customer service, obviously a very important factor in considering which bank to go with.

The bottom line is, just doing a search on 5 3 bank brings up many, many complaints, and I wouldn’t go with them unless you absolutely have to, for some reason. You’d be much better off going with a larger national bank, as these are usually more trusted and can provide you with better customer service, and more reliable banking.