Selections were made by the magazine based on fees, interest rates and account requirements for checking and savings accounts. MONEY compared more than 800 accounts and 18,000 data points collected by Bankrate.com. The largest 90 brick-and-mortar banks, 50 credit unions and 15 online banks were evaluated, as identified by bank consultancy firm Novantas.
According to the article in the November 2017 issue of MONEY, Bank of the Ozarks was “the only bank we saw here offering free checking without forcing you to jump through hoops to duck a monthly fee. Plus, if you sign up for direct deposit on My Choice Checking, you’ll get four free out-of-network ATM transactions each month.”
“Bank of the Ozarks’ people, products and financial strength makes us a favorite among businesses and consumers in North Carolina,” stated Cindy Wolfe, Bank of the Ozarks Carolinas President. “We are honored to be selected by MONEY magazine as the best bank in North Carolina. MONEY magazine’s designation as the best bank in North Carolina complements our ranking as the top performing bank in the country over the past seven consecutive years by several leading industry publications,” Wolfe added.
Bank of the Ozarks opened its first North Carolina office in Charlotte in 2001, and now has 24 offices in the state.
Bank of the Ozarks (NASDAQ: OZRK) is a regional bank providing innovative financial solutions delivered by expert bankers with a relentless pursuit of excellence. Bank of the Ozarks has been recognized as the #1 performing bank in the nation in its asset size for seven consecutive years. Headquartered in Little Rock, Arkansas, Bank of the Ozarks conducts banking operations through 252 offices in Arkansas, Georgia, Florida, North Carolina, Texas, Alabama, South Carolina, New York and California and had $20.77 billion in total assets as of September 30, 2017. Bank of the Ozarks can be found at www.bankozarks.com and on Facebook, Twitter and LinkedIn or contacted at (501) 978-2265 or P.O. Box 8811, Little Rock, Arkansas 72231-8811.