Facts About Principal Bank
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 July 21, 2011, Principal Bank is regulated by the Office of the Comptroller of the Currency (OCC).
Clientele
250,000 customers with $2.5 billion in deposits.
Principal Bank Business Products
About the Principal Financial Group
Founded in 1879, the Principal Financial Group® (The Principal®) is a global investment management leader. The Principal offers businesses, individuals and institutional clients a wide range of financial products and services including retirement, asset management and insurance, through its diverse family of financial services companies.
A member of the FORTUNE 500®, the Principal Financial Group has $367.1 billion in assets under management and serves some 18.2 million customers worldwide from offices in 18 countries throughout Asia, Australia, Europe, Latin America and North America. The Principal Financial Group, Inc. is traded on the New York Stock Exchange under the ticker symbol PFG.
For more information, visit www.principal.com.
