What does AXOS Bank do?

Axos Bank is a fully digital bank and a subsidiary of Axos Financial, Inc. It offers a range of low-fee consumer and business banking, lending, investment, and advisory services without physical branches. Founded in 1999 as Bank of Internet USA, it rebranded to Axos Bank in 2018 to reflect its broader services. The bank operates under a federal charter and has approximately $27.4 billion in consolidated assets. Axos Bank provides a variety of financial products, including high-yield checking and savings accounts, personal loans, auto financing, and residential mortgages. For businesses, it offers commercial lending and deposit products. Its investment services include Axos Invest, Axos Clearing, and Axos Advisor Services, catering to individual investors and registered investment advisors. All services are accessible through a single dashboard, emphasizing technology-driven efficiency and competitive rates. Axos serves a diverse customer base across all 50 U.S. states, focusing on financial literacy and community development.