Northeast Bank Reviews (16)

Worst experience of my life. Did not fund and gave $25 to my own charity.
Review on the Online bank

Add my name to the list of people who wish they had never heard of you.
Review on the Online bank

I really wish I hadn't seen this rate listed here. Chasing a slightly higher rate and a $25 gift on my behalf to a charity from a bank that isn't a bank wasted my time and cost me more than I would have made had I just left my money where it was.
Review on the Online bank

Not an online bank, but a bunch of shysters playing upon people's generosity by offering to give a token amount to charity. Give your own $25, take a tax deduction and go to Ally, Emigrant, Capital One or anywhere.
Review on the Online bank

I tried to deal with this and ended up wishing I had never heard of it. Got caught in the scam of giving $25 to a charity. After 2 months of dealing with a broken transfer system, a broken website and a phone which either rang on and on or hit some woman's VM, I managed to close the account and get my money back. Never got a penny in interest. Never got confirmation of the $25 transfer to charity. Celebrated my freedom by sending $25 to my favorite charity (not on their list). Farewell to this. Would give negative stars if I could.
Review on the Online bank

Total scam - like others have mentioned, online and apps barely work (read: don't work) which is a serious problem when they are an online only bank. Crazy requirements for doing ANYTHING like written forms that nobody replies to, to do anything simple. Don't waste your time with this backward, scammy "bank"
Review on the Online bank

I once had an account with Sallie that I closed when they kept deposits over $5,000 restricted for half a month. These guys keep funds on hold forever. It is like the hotel California. You can check in but you can never leave. 0 stars.
Review on the Online bank

All kinds of surprises with this bank that I didn't realize upon signing. I am with other online banks that are not so restrictive. First of all, I didn't realize I couldn't withdraw any funds until they send me a form I must sign and give back to them (which I am still waiting on) so my money is locked in there. Furthermore, the account can only be linked with one other account at a time. I guess that's fine, but when I decided to change the account it would be linked with, I found out I cannot change the linked account within the first 60 days so my fund are locked in there for the time being. I plan to close the account and move the funds into other online banks that are less restrictive.
Review on the Online bank

Saw it here last week. Wish I had read the reviews so now I will add mine. The rate may be 0.10% higher than everything else, but I agree with the sentiment that it is best to pick another and give at least $25 more to my favorite charity.
Review on the Online bank

Go ahead. Do it. Open an account here because it is the highest savings rate today. You'll make a couple of cents more than could make at Ally or Synchrony or Barclays or one of the better rated banks. In 2 months, the rates at those places will be higher and you will be struggling to reach someone or get your money back and your credit will be dinged. It isn't the same type of easy-to-deal-with operation. But, go on!
Review on the Online bank

I cannot say enough about this bank. None of it is good. They rejected me for a savings account (imagine that- They did a hard credit pull and rejected me!). I called to discuss the situation. They reversed their decision while I waited. I stupidly went forward and funded the account because the rate was listed as the best here and on other sites. It has been a nightmare since. I was actually happier at Wells Fargo earning 0.00001%.
Review on the Online bank

In my 75 years, I have never been denied a savings account (and I have opened many online over the last 20 or so years). I have never been put through a hard credit check either and had my FICO score impacted. I don't care what rate they are offering. Able and Northeast can go to hell!
Review on the Online bank

They did a hard credit check and rejected me.
Review on the Online bank

Opened the account a couple of years ago since I liked the idea of supporting one of their charities with the account. Found the experience difficult, service unprofessional. Finally got the account closed and my money moved out. Next time I will just make a direct contribution to the charity.
Review on the Online bank

Poor experience. Would call is "DisableBanking" but that would be offensive to those with disabilities.
Review on the Online bank

I had a similar experience at this place as I had at Radius. They did a hard credit pull and asked me 5 questions to verify my credit, none of which I could answer. I would avoid all of these dinky Massachusetts banks trying to play in the online banking space and stick with places like Ally, CIT, Synchrony. It is an entirely different customer experience.
Review on the Online bank