Nationwide Bank – 21st Century Service, Decades of Experience

Nationwide Bank, which was founded in 1926, offers a wide range of direct banking services in addition to its insurance and mortgage businesses.
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Nationwide traces its history back to 1926, but offers personal banking options that are forward-looking, including online checking accounts. The company, which began in the insurance business, has grown substantially over the last 80 years. In 2007, it expanded its line of financial services to include an online bank division, Nationwide Bank.

Nationwide Bank deposit accounts and financial products

Nationwide Bank offers various deposit products, loans and lines of credit, including:

  • Online checking accounts
  • Savings accounts
  • Holiday savings accounts
  • Certificates of deposit (CDs)
  • Money market accounts (MMAs)
  • Mortgage loans
  • Home equity line of credit
  • Auto loans

Online checking accounts

Nationwide has a free online checking account called E-Checking. The account has no monthly maintenance fees with direct deposit and eight debit card purchases per month. There is a $50 minimum deposit to open an E-Checking account. In addition to saving money on fees, Nationwide customers benefit from this high interest checking account with higher deposits earning higher bank rates

Online savings accounts

For savings, you can choose between a regular savings account and a holiday savings account. These accounts benefit from high interest savings account rates and there is no minimum to earn APY. You may also opt for a money market account or one of Nationwide’s CDs, which feature terms from 3 month CDs to 5 year CDs. Nationwide Bank also offers IRA accounts to help build your retirement savings

Online banking with Nationwide: Free ATMs and more

Since the bank opened, customers have had 24-hour-a-day access to their funds through online banking and bill pay. Customers can also access their Nationwide accounts by phone 24 hours a day and reach a Nationwide Bank employee by phone during business hours.

As an added bonus to online banking with Nationwide, customers have access to more than 70,000 surcharge-free ATMs where they can transfer funds, check their balances and withdraw cash.

Mobile banking and tech features

Mobile banking is also available with Nationwide Bank checking, savings and money market accounts. Customers can use their smartphones to access funds through a mobile app, a mobile Web browser and text messaging. They can also make deposits via mobile phone, as well as transfer funds and sign up for text alerts.

Nationwide financial products and industry honors

Nationwide customers can still turn to this institution for a wide range of insurance policies. Investment accounts are available through Nationwide, along with car, boat, RV and motorcycle loans. Consumers may also finance a home purchase through Nationwide, review refinance rates or apply for a home equity loan or line of credit. Finally, Nationwide’s website also features a library of articles that aim to help consumers make wiser financial choices.

As a company, Nationwide has earned an A or A+ rating from the Better Business Bureau in every year since 1955. The financial ratings agencies also hold Nationwide in high regard. 

All Nationwide Bank deposit accounts are fully insured with FDIC insurance coverage with limits up to $250,000 per depositor, per covered institution. For more information on current Nationwide deposit rates and terms, please review the tables below.

About Author
Michele Lerner
Michele Lerner, author of “HOMEBUYING: Tough Times, First Time, Any Time”, has been writing about personal finance and real estate for more than two decades for a variety of publications and websites including MoneyRates,,,, National Real Estate Investor magazine, The Washington Times, Urban Land magazine, NAREIT’s REIT magazine and numerous Realtor associations.