Brio Direct, a division of Webster Bank
Analysis


Ari Socolow profile image Written by Ari Socolow | Lacra Burg profile image Edited by Lacra Burg | Updated December 15, 2024

General

Brio Bank is a division of Webster Bank, a New York-based bank with a checked history lending history.  It offers online CDs and savings accounts.   The savings account has a competitive yield.

Advantages

  • The savings account has a competitive yield.

Disadvantages

  • In the two decade history of BestCashCow, no online bank have ever been nearly as poorly reviewed.   Complaints include significant delay and impediments to imbound and outbound transfers, existing customer receiving lower yields than presented on the site, terrible customer service and many more.  

Savings Fees


Fee Type
Non Sufficient Funds $0.00
Maintenance $0.00
Out-of-network ATM $0.00
Excessive Transaction $0.00
Incoming Wires $0.00

Climate Strategy


Climate Score: C

Some funding of renewable energy projects but unclear whether Brio is engaged in lending to the fossil industries.

Brio Direct, a division of Webster Bank Reviews


  • December 3, 2024 |

    I could write a long list of things that are wrong with this bank. Any positives (just the rate) are outweighed by too many negatives to list. Just heed this warning - stay away.


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