@lantec Bank Review

@lantec Bank is an American banking institution located at 501 S. Independence Blvd., Virginia Beach, Virginia 23452. This banking institution is merged with Dollar Bank Online. This bank is established in 1885. Bank @lantec is a trading name used in Virginia by Dollar Bank, FSB. This banking has provided services either face-to-face or online.

Services

Whereibank offers the following services:

  • checking accounts;
  • savings&money market;
  • retirement and education;
  • loans and credit;
  • mortgages;
  • online banking;
  • online bill pay;
  • mobile banking;
  • calculators.

Checking Accounts

The advantages of this option are:

  • call 24 telephone banking;
  • overdraft protection (with a Bank @lantec savings account);
  • no monthly fees;
  • no minimum balance requirements;
  • Visa Check Card;
  • unlimited Home Banking;
  • unlimited online Bill Pay;
  • unlimited check writing;
  • monthly statements provided electronically;
  • $100 minimum balance to open.

Savings & Money Market

Savings are distinguished into the following offered by this banking institution:

  • regular savings;
  • premier savings;
  • certificates of deposit (CDs);
  • youth savings.

Key points of each saving program are described in the table below:

Saving Program Key Points
Regular Savings
  • Open an account with a minimum of $25;
  • Earn interest on average daily balances of $250 or more;
  • Interest is compounded monthly and paid quarterly;
  • Avoid a $5 monthly fee when you maintain balances of $250 or more;
  • Two free withdrawals per month, $2.50 for each over two.
Premier Savings
  • Open an account with a minimum of $500;
  • Earn interest on average daily balances of $500 or more;
  • Interest is compounded daily and paid monthly;
  • Avoid a $10 monthly fee when you maintain balances of $1,000 or more;
  • Two free withdrawals per month, $2.50 for each over two.
Certificates of Deposit (CDs)
  • $500 minimum balance requirement to open a Regular CD or IRA CD;
  • Terms from 3 months to 60 months;
  • Only $500 minimum balance requirement to open some promotional CDs;
  • Interest compounded and paid monthly;
  • Penalty may be imposed if principal balance is withdrawn prior to CD maturity.
Youth Savings
  • Open an account with a minimum of $5;
  • Earn interest on average daily balances of $25 or more;
  • Interest is compounded monthly and paid quarterly;
  • Two free withdrawals per month; $2.50 for each over two.

Retirement&Education

This bank offers retirement and education programs including Traditional IRA, Roth IRA, Coverdell Education Savings. These programs will help every client reduce taxes, manage finance. It is also a way to avoid paying taxes on your retirement contributions when you make a distribution of funds at retirement.

Contact us

  • Main Telephone: 757-671-7900
  • Toll-Free: 800-652-3328
  • Main Fax: 757-423-4145

Mailing Address:

Bank @lantec, a division of Dollar Bank, FSB
501 S. Independence Blvd.
Virginia Beach, Virginia 23452

Unfortunately, dollar bank hours are not specified. Contact dollar bank customer service and get to know business hours. But if you want to use these services online you are welcome to use it at any time of day and night. The operator will process your request at the time of working.

Latest Posts

What Is a 3-Month...

A longer-term 3-month payday loan may be a useful tool for many consumers. This article highlights important things you need…

credit cards

Types of Personal Banking

Accounts and bank cards The simplest and most common service is opening all types of bank accounts and receiving debit…

Home Equity Loans

A home equity loan is a type of loan in which the borrower uses the equity of his or her home as collateral. Collateral real estate can be…

Surcharge Free ATM

Withdrawing cash from an ATM is a procedure that is not particularly difficult for the average person. You just need…