B MyBankTracker Rating

Principal Bank Locations in Your Area

Principal Bank has 1 branches in their local area. This traditional brick and mortar bank is a community bank that focuses on local business, and can service the local population, and most likely has ATM locations.

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Learn more about Principal Bank

Principal Bank was established February 1998. It holds assets of 2.4 billion US dollars. That makes it a regional bank that most likely covers their local population well. A point to consider when choosing a bank is it's health. This bank appears to be healthy. It has a texas ratio of 6%. Lower is better!

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Principal Bank Branches Customer Reviews

(2 Reviews)
1 out of 5 stars
See all 2 customer reviews
    Reviewed By marktorr Mar 10, 2016

    account closing

    Called to find out what i had to do to close account. After filling out everything, with enclosed voided check for direct deposit of my funds, i get an email saying they need additional information. Even though my address has never changed, nor email. And answered every possible question they can ask correctly. I have to download and have notarized yet another paper....they just delay and play games with your money...now

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    Reviewed By marieb Nov 8, 2015

    Super difficult to get 401k disbursement - antiquated process

    I am writing about the process of transferring an old 401k out of Principal - which has been charging me high fees of $15 a year for nothing. Unlike 401k disbursement from other institutions - this bank has a super complicated process, probably to prevent people from transferring their money into better, lower cost institutions like Fidelity.

    Check the fees, they're high and then shop around for a modern digital bank that will enable these steps to be taken care of online - just like everything else we do currently in the present digital age.

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