OPTUS Bank

Optus Bank

Transforming Opportunities into Wealth

Overview

Optus Bank is a community bank, with a mission-driven purpose. We help strengthen our community by closing the wealth gap created by systemic disparities in the financial industry. By providing loans and banking services to local businesses and individuals we serve to turn deposits into direct support for the communities where our customers live and work.

Optus Bank was built upon the foundation created 100 years ago by visionary African American leaders who established Victory Savings and Loan to provide access to capital to individuals and business excluded from the banking system – and our main goal has remained the same – ensuring that wealth building is not just for the wealthy.

The Optus Bank Guiding Principles

Customer Focus: Commitment to customer-centric design of products focused on meeting the needs of all customers but especially those previously unbanked, underbanked, and historically underserved people and places.

Reinvention: Unrelenting focus on technology-driven innovation in the back office, front office, and compliance functions to deliver responsive and responsible products and services.

Mission & Margin: Provide non-concessionary returns to shareholders over the long term, thus proving that mission orientation is accretive to the bottom line.

Best in Class: Unwavering commitment to the safety and soundness of our banking operations.

Wealth Building Strategies

We believe a stronger community is achieved by building wealth for our customers. The following are strategies in place to help you achieve your goals.

  1. Making banking transactions cheaper, faster, and easier
  2. Incentivizing and integrate savings into everyday life
  3. Helping build personal assets through entrepreneurship & homeownership capital
  4. Empowering our customers with financial education reinforced with access to the right products

Optus Bank is a Certified Community Development Financial Institution, a mark of distinction reserved for financial institutions committed to empowering economically distressed communities.

Reviews 99

XXX%
XXX%
XXX%
XXX%
XXX%
{{rev_ago}}
{{rev_source}}
{{rev_text}}

Featured

Loading TrustPilot
Traditional banks aren’t for everyone. Chime offers simple money management, no hidden fees, secure credit building and online banking.
Loading TrustPilot
The Greenlight debit card for kids helps parents teach good financial habits to kids through a managed app and personal savings tools.
Loading TrustPilot
Aspiration offers socially-conscious and sustainable cash management services and investment products, so you can make money while making the world a better place.

Products and Services

Why Us

Dedicated to the Community

Optus Bank is a Certified Community Development Financial Institution (CDFI), a mark of distinction reserved for financial institutions committed to empowering economically distressed communities.

A Customer-First Approach

Optus Bank's commitment to the customer-centric design of products is focused on meeting the needs of all customers but especially those previously unbanked, underbanked, and historically underserved people and places.

Building Opportunities

Optus Bank is here to support equality. We’re on a mission to create equal access to financial services and asset building opportunities for all.

Video

Optus Bank Personal Banking

SPOTLIGHT

Personal Banking

Optus Bank Personal Banking
Find an account that fits your needs, including CDs, IRAs, and Money Market Accounts. Open your Optus Bank account today!

Contact Request

We believe everyone should have a chance to build personal wealth regardless of their circumstances. Our team is committed to helping each client achieve the American Dream because our quality banking services are built upon a deep belief in our wealth building mission.

 

Related Articles

Learn the advantages and disadvantages of using the Coverdell Education Savings Account to cover your kids' educational expenses.
Read more
Saving money is important, but also to know your savings threshold. Find out how much money you should keep in a savings account.
Read more
Discover the differences between Coverdell vs. custodial accounts to choose the right one to save for your child's future.
Read more

More Like This

Connect with Us

Latest News

Learn the advantages and disadvantages of using the Coverdell Education Savings Account to cover your kids' educational expenses.
Read more

This page’s information results from independent research by our editorial team, who does their best to reflect factual and accurate information about the financial institution and its products. Financial institutions are not responsible for the content posted on Banks.com; visit the financial institutions’ website or contact it directly if you have any questions.

If you work for this financial institution and want to adjust any information, contact us at partners@banks.com.