German American Bank Owenton Ky (2024)

FAQs

Is German American Bank a good bank? ›

German American Bank named a Best Bank 2024 by Newsweek.

The analysis also included media reputation monitoring and independent customer surveys.

Business leaders in a small town rich in German-American heritage, Jasper, Indiana, organized and opened a bank in 1910. It was the community's heritage that prompted the new bank's name, German American Bank.

The over 900 employees of German American strive to establish strong relationships by working closely with our clients and by providing strong financial solutions.

Our savings accounts include:

Competitive interest earned on account balance. Security knowing deposits are FDIC insured up to $250,000 per account. Invaluable benefit of assisting you to making smart financial decisions for your future.

of Shelbyville, Kentucky, effective at 12:01 a.m. (Eastern time) on January 1, 2022. Immediately following completion of the holding company transaction, Citizens Union Bank merged with and into German American's banking subsidiary, German American Bank.

March 27, 2024. German American Bancorp, Inc. has earned the #27 ranking out of 200 U.S. community banks assessed by S&P Global Market Intelligence with assets between $3 billion and $10 billion.

Strength and Security Since 1910

German American Bank has more than 110 years of experience in disciplined growth with strong financial management.

Total assets for the Company totaled $5.997 billion at March 31, 2023, representing a decrease of $159.1 million compared with December 31, 2022 and a decline of $700.7 million compared with March 31, 2022.

The average German American Bank hourly pay ranges from approximately $18 per hour (estimate) for a Bank Teller to $70 per hour (estimate) for a Risk Management. German American Bank employees rate the overall compensation and benefits package 3.9/5 stars.

D.

Dauby serves as Chairman and CEO of German American. He holds a certified public accountant designation, joined German American in 2001, following a 15-year career in public accounting. He previously served as president of one of German American's community banking subsidiaries.

What is the largest banking company in America? ›

JPMorgan Chase, or Chase Bank, is the biggest bank in America with nearly $3.4 trillion in assets. It boasts a vast network of over 4,800 physical branches and more than 15,000 ATMs. With generous bonuses and promotions and a variety of products, Chase is a popular choice for consumers across the country.

German American Bancorp, Inc. has earned the #19 ranking out of 196 community banks in the nation on the S&P Global Market Intelligence annual ranking of 2022's best-performing community banks with assets between $3 billion and $10 billion.

German American Bank customers have access to an unlimited number of surcharge-free transactions at Allpoint ATMs. Each Allpoint location varies, but most will allow you to withdraw between $200 and $400 in a single transaction.

What do you need to open a savings account? A low balance fee of $3.00 per calendar month will be assessed if balance falls below $300.00.

The biggest private German bank, which is highly active on a scale, is Deutsche Bank. Its headquarters are located in Frankfurt. Other significant private banks include Commerzbank and UniCredit Bank AG.

Non-resident account

Standard current accounts are generally only available to German residents. You typically need to have a permanent address in Germany to open an account. Many online-only and mobile-only German banks also offer accounts to those living overseas.

The best banks for foreigners are N26 and bunq. I use N26 since 2016, and I recommend them. Revolut and Wise are also good options, but they have a low free withdrawal limit, and no German IBAN. None of these banks give you a Girocard.