About Amerant Bank
Amerant Bank was originally chartered as Commercebank, N.A., in 1979 in Florida. It was acquired by a foreign bank a few years later, but then in 2018, the bank went public and rebranded itself as Amerant Bank.
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Amerant Bank Overview
Amerant Bank is a regional bank that operates 25 branches in Florida and Texas. Amerant Bank also offers fee-free access to more than 55,000 Allpoint ATMs nationwide. The bank offers competitive APYs on many of its CDs but also requires much higher minimum opening deposits. The bank offers a wide variety of banking products, such as CDs, checking, money market, and savings accounts.
| Fee-free access to more than 55,000 Allpoint ATMs nationwide. | Many accounts require relatively high minimum average daily balances to waive the monthly service charges. |
| Competitive APYs on CD accounts. | All CDs require a $10,000 minimum opening deposit. |
| Highly competitive APY on its Relationship Money Market account. | Non-CD accounts offer below-average APYs. |
| Most non-CD accounts have monthly service charges that can be waived by meeting certain requirements. |
Amerant Bank Product Offerings
CDs
A certificate of deposit (CD) is a form of savings account that pays a fixed interest rate on the money in the account for a certain period, known as a term. Amerant Bank offers CDs with terms varying from three months up to five years. All CDs offer competitive APYs but also require higher-than-average minimum opening deposits. Here are some of their best CD offerings for the month! and 2025:
Checking Accounts
Amerant Bank offers several different business and personal checking accounts. Most of the checking accounts offer APYs below the national average of 0.01% for checking accounts. Although all accounts offer below-average APYs, they also offer relatively low minimum opening deposits along with monthly service charges that can be waived by meeting certain balance requirements. Here are the latest account details for April 2025:
Money Market Accounts
A money market account is an interest-bearing hybrid between a savings account and a checking account. Amerant Bank offers three money market accounts for business and personal customers, all of which require a checking account. All accounts require a low minimum opening deposit and offer below-average APYs, but they also require a relatively high average balance to waive monthly service charges. Here are the account details for April 2025:
Savings Accounts
A savings account is a type of bank account that allows you to save your money while earning interest. Amerant Bank offers a few savings account with varying opening deposit requirements. Here are the latest savings account details for April 2025:
Bank Fees
Overdraft fee: $35
Savings and Money Market Account withdrawal fee: $12
Account closure fee: None
Wire transfer fee: Domestic - Incoming is $0 and outgoing is $35; International - Incoming is $0 and outgoing is $35
Non-network ATM fee: $4
Monthly service charge: $5-$75 depending on the type of account
Stop payment fee: $30
Paper statement fee: $5
Amerant Bank Features
Amerant Bank's customer service line is available Monday through Friday from 7 a.m. to 8 p.m. EST. and on weekends from 8 a.m. to 5 p.m. EST. The bank offers an automated telephone line that is available 24 hours a day, 7 days a week, for basic account information and changes. Amerant Bank operates more than 20 branches in Florida and Texas. The bank also offers a mobile app for Peer-to-Peer transactions via Zelle to process transactions and manage your bank account.
Amerant Bank FAQs
Our Take
Amerant Bank is a regional bank headquartered in Florida with a handful of branches in Texas. It doesn't have its own ATMs but does allow fee-free access to the more than 55,000 Allpoint ATMs nationwide. Although it is a full-service bank with a wide range of banking products, all except for its Relationship Money Market and a few of its CDs offer competitive APYs. It does offer numerous checking accounts for business and personal customers that may be of benefit to customers who reside in the areas the bank operates in. The bank allows customers nationwide to open some accounts online, but like most regional banks, it may only be a good option for those individuals who live near an Amerant Bank branch.
Methodology
Our editorial staff continually updates the information contained on our website. Our editorial staff has analyzed virtually all of the banks and credit unions that it follows, and it does weekly rate analysis for more than 250 prominent banks and credit unions. These institutions were chosen because they provide competitive APYs, low fees, and other factors we find important. These banks and credit unions often provide accounts that are available nationally. All of these banks are FDIC-insured, and all of these credit unions are NCUA-insured. Choosing an FDIC-insured bank or an NCUA-backed credit union assures that your money is protected as long as it stays within insurance limits and requirements.