Axos Bank

Axos Bank is an online bank headquartered in Las Vegas, Nevada, and a subsidiary of Axos Financial. It operates with no physical branch locations and provides banking products entirely through digital channels. Axos was founded in 2000 as one of the earlier online-only banks in the United States.

For individual customers, Axos Bank commonly offers checking and savings accounts, certificates of deposit, personal loans, home mortgages, and auto loans. The bank offers several types of checking accounts with varying features, some of which include interest earnings or ATM fee reimbursements. Savings products at Axos have at times been competitive with other online banks.

For businesses, Axos provides business checking and savings accounts, commercial loans, SBA lending, and treasury management services. Axos has developed a business banking offering that targets small and medium-sized companies that prefer digital banking over traditional branch relationships.

Axos Bank also provides banking infrastructure services to other companies through its Axos Clearing and institutional businesses, though this is separate from its direct consumer and business banking products.

Because Axos has no physical branches, all customer interactions happen online, through the mobile app, or by phone. This model suits consumers who are confident managing their finances digitally but may not appeal to those who prefer face-to-face banking.

For home buyers, Axos Mortgage offers conventional, jumbo, and other loan types. Personal and auto loans are available directly through the bank's online platform.

Axos Bank is regulated by the Office of the Comptroller of the Currency and deposits are insured by the FDIC up to applicable limits. Rates, fees, and eligibility vary by product and individual circumstances.