Our Story

Who We Are

Founded in 1987 and headquartered in Boston, MA, Radius Bank is a leading online bank committed to providing a full complement of accounts and services to meet the growing banking needs of consumers and businesses nationwide.

As the digital banking landscape has evolved over the years, so too has Radius. We provide the product depth of a national brand, the technology of a fintech, and the personalized attention typically reserved for a local bank.

A Bank You Can Trust

With assets of more than $1.4 billion, Radius Bank is a member of the Federal Deposit Insurance Corporation, an Equal Housing Lender, and widely respected as a forward-thinking organization. A commitment to innovation has enabled Radius to win the 2017 Celent Model Bank Product Innovation Award, the 2018 FinXTech Startup Innovation Award, and the 2018 EverFi Financial Capability Innovation Award.

Our Purpose

We are committed to delivering superior products and services to help our clients meet their financial goals, as well as giving back to the community in which we serve.

We are dedicated to providing exceptional customer service. Our team of well-trained professionals work to answer questions quickly and clearly through convenient channels, including in-person, phone, and electronically.  

See our public CRA file

Awards & Recognition

  • Nerdwallet Best Checking Account Award for Radius Bank

    2020 Best Online Checking Account NerdWallet Award

  • Bankrate Best Online Bank 2020 Radius Bank

    2020 Best Online Bank Bankrate Award

  • Best Checking Account Go Banking Rates

    2020 Best Checking Accounts Go Banking Rates Award

Best Online Bank 2020

Radius Bank earned the No. 1 spot among online banks for the combination of its mobile banking app, generous ATM fee rebates, its payout on checking and savings accounts and its accessibility.

Digital banking, made human.

At Radius, we put our customers at the center of everything we do. That’s why we focus on providing products and services that are not only convenient but help to make life easier.


We use 256-bit encryption to ensure that data is protected with the highest level of security.

FDIC Insurance

Your deposits are FDIC-insured up to the highest possible amount allowed – $250,000.

Customer Support

Have a question? We’re here to help. Chat with us online, or reach us by phone or email.