| Deposits FDIC Insured | Yes |
| Insured Bank | Morgan Stanley Private Bank, National Association |
| FDIC Certificate # | 34221 |
| Date Established | 1996 |
| Assets | $199.89 billion |
| Loans | $128.9 billion |
| Deposits | $177.17 billion |
| Capital | $16.57 billion |
For a more detailed analysis of Morgan Stanley Private Bank, National Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.
| Online Savings and Money Market Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Premium Savings Account
|
3.50% | $0 | - |
Learn More
|
ETrade says not to worry because their rates are still 17x the market rate. But, this is well below any line in the sand that we suggested depositors draw.
Morgan Stanley Private Bank (Offered through ETrade) is encouraged to provide us with this information. When we receive this information from the online bank, we will provide it here.
Customer Reviews for Morgan Stanley Private Bank (Offered through ETrade)
DMB
July 29, 2022 |
Been with Etrade-Morgan Stanley for decades. Always fantastic service & can move funds online in a second from savings to brokerage for trading. Very competitive on saving rates. Very happy customer in Frisco, TX!
Is this review helpful? Yes:1 / No: 0
MKS
September 8, 2019 |
Opened an account and did $1000 for my initial deposit. If your balance averages below $1000 they charge you $10 a month. ETrade withdrew the $1000 from my checking account then, without reason, abruptly decided to close my account. I called them to find out why they closed it and they would not give me a reason other than "we decided not to do business with you". Mind you, I have 5 other online savings account and my credit is in good standing. I have no criminal history. So after they took $1000 out of my checking account, they froze my etrade savings account and I had no way of getting my $1000 back. 5 phone calls and hours of my time later I was able to get my local bank to reverse debit the $1000 back from the jerks. BEWARE!! I would not use them for online savings or for a brokerage account. Very very poor way to treat a new customer. They will withdraw your money, then freeze your account and you have a big problem on your hands. STAY AWAY!!!!!!!!
Is this review helpful? Yes:6 / No: 1
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