Intro – Signature Bank Reviews | Ranking & Review
Signature Bank was recently ranked and reviewed by AdvisoryHQ as a top rated bank. Firms on our top rated lists were selected after they successfully passed AdvisoryHQ's ground-breaking four-step banks and credit unions selection methodology.
Click here for a step-by-step breakdown of the methodology and selection process used during our Signature Bank review: AdvisoryHQ’s Methodology for Selecting Top Banks and Credit Unions.
The Signature Bank reviews below provide a detailed review of Signature Bank, including some of the factors used by AdvisoryHQ News in its ranking and selection of Signature Bank.
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Signature Bank Review
Signature Bank is a commercial financial services institution and often a selection for the best banking firms in New York. Signature has offices in the five NYC boroughs as well as in Nassau, Westchester, and Suffolk Counties in New York.
The focus of services provided by Signature is on the owners and managers of privately-owned businesses.
The vision statement of Signature focuses on nurturing talented and dedicated financial service professionals so they can work in a way that maximizes the benefits to their clients.
Key Factors Leading Us to Rank This Firm as One of This Year’s Top Banking Firms
Upon completing our Signature Bank reviews, Signature Bank was included in AdvisoryHQ’s ranking of this year’s best banking firms based on the following factors.
Signature Bank Review: Organizational Structure
One of the most compelling things that’s noteworthy when reviewing Signature Bank is its organization structure, which offers clients a single point of contact for all of their banking needs. This is offered through a Private Client Group.
Members of Signature Private Client Groups are found at major banks and brokerages and then trained and developed to provide the highest level of service to Signature clients.
The result of this structure is the ability to build small business service and relationships without the sacrifice of a big bank experience and expertise.
Signature Bank Review: Personal Checking Accounts
Even though Signature Bank works primarily with privately-owned businesses, it also has a full-service selection of personal products and offerings, including personal checking accounts.
Many of these accounts include no monthly fees as long as the account balance is kept above a certain limit. Accounts like the Signature Personal Checking and Monogram Personal Checking accounts carry no activity or signature fees for using another bank’s ATM.
The Signature Basic Checking Account has a flat-rate fee of $3.
Signature Bank Review: Business Accounts and Services
As a specialized bank, Signature has many business accounts and service options.
Some of these include:
- Signature Flat Fee Business
- Monogram Business Checking
- Monogram Insured Money Market Account
- Monogram Money Market Funds Program for Business
- Payables and receivables management
- Information reporting
- Signature Internet Banking
- Target Balance/Sweep Account
- Credit and lending
- Investing and brokerage
Signature Bank Review: Signature Securities
Signature Securities Group Corporation is a wholly-owned, non-bank subsidiary that provides a broad range of investment products and services to go along with what’s offered under the umbrella of private client banking.
This full-service firm provides investment advisory and brokerage services, and these services, like everything at Signature, are designed with the interest of private business owners in mind.
The approach is based on the total portfolio, and all advice is objective.
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