D+ MyBankTracker Rating

OptimumBank

About OptimumBank

OptimumBank was founded November, 2000 by a group of local Broward County businessmen led by Albert Finch and Richard Browdy. The bank is initially focusing on traditional in-person banking with business and consumers residing in South Florida. Our customers found a new bank that isn't charging the exorbitant fees they were experiencing at the larger financial institutions, a bank having unmatched expertise in residential and commercial real estate lending.

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MyBankTracker rated based on the following criteria that includes real customer reviews and bank fees, among others. Our bank report card is a proprietary rating system that highlights the financial health and stability of the bank. See how it’s rated.

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Customer Reviews

Most Helpful OptimumBank Bank Customer Reviews

  • J
    Reviewed By Jeffrey May 15, 2013

    President of Florida Ass'n of Community Banks and Credit Unions

    What is really going on here? From 1st QTR 10K released yesterday; Bank again failed to meet mandatory capital requirements. Total assets declined by $8.1 million to $135.6 million at March 31, 2013, from $143.7 million at December 31, 2012. Deposits decreased by $5.7 million to $95.9 million at March 31, 2013, from $101.6 million at December 31, 2012. Total stockholders' equity decreased by $2.2 million to $4.7 million at March 31, 2013 from $6.9 million at December 31, 2012. $2.2 million net loss for the three month period ended March 31, 2013.

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  • Type Fee National Average
  • Monthly Inactivity N/A
  • Non-Sufficient Fund (Overdraft) N/A 0
  • Stop Payment item N/A 0
  • Return Deposit N/A 0
  • Domestic Wire Transfer (Outbound) N/A 0
  • Domestic Wire Transfer (Inbound) N/A 0
  • Non-Bank ATM N/A