Facts about us
Principal Bank, a member of the Principal Financial Group®, is an FDIC insured federal savings bank offering customers traditional and innovative consumer and business banking products and services through the Internet and by telephone with personal bankers.
Established in February 1998, Principal Bank was one of the first direct online banks approved and chartered by the Office of Thrift Supervision (OTS) as a federal savings bank.
As of September 30 2008, Principal Bank had:
- More than 195,000 customers
- Just under $2.3 billion in assets
- More than 130 employees
Clientele
Principal Bank serves customers living in the United States and U.S. citizens residing in other countries. While a primary focus is on solidifying and expanding financial relationships with customers of the Principal Financial Group, Principal Bank accommodates new customers with a wide variety of business and consumer banking needs.
About the Principal Financial Group
The Principal Financial Group® is a leader in offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement and investment services, life and health insurance, and banking through its diverse family of financial services companies and national network of financial professionals.
A member of the Fortune 500, the Principal Financial Group has $270.1 billion in assets under management and serves some 17.6 million customers worldwide from offices in Asia, Australia, Europe, Latin America and the United States. Principal Financial Group, Inc. is traded on the New York Stock Exchange under the ticker symbol PFG.
For more information, visit www.principal.com.
