Our Story

Diverse group

Who We Are

Founded in 1987 and headquartered in Boston, MA, Radius is a leading online bank committed to providing a full complement of accounts and services to meet the growing banking needs of consumers and businesses nationwide.

As the digital banking landscape has evolved over the years, so too has Radius. We provide the product depth of a national brand, the technology of a fintech, and the personalized attention typically reserved for a local bank.

Consumer Awards

  • Nerdwallet Best Checking Account Award for Radius Bank

    Awarded Best Online Checking Account of 2020 by Nerdwallet

  • Bankrate Best Online Bank 2020 Radius Bank

    Awarded Best Online Bank of 2020 by Bankrate

  • Best Checking Account Go Banking Rates

    Awarded Best Checking Accounts of 2020 by GOBankingRates

Best Online Bank of 2020

This Bank earned the No. 1 spot among online banks for the combination of its mobile banking app, generous ATM fee rebates, its payout on checking and savings accounts and its accessibility.

Nerdwallet's 2021 Best Bank or Credit Union for Online Experience

A Bank You Can Trust

With assets of more than $2.4 billion, Radius is a member of the Federal Deposit Insurance Corporation, an Equal Housing Lender, and widely respected as a forward-thinking organization. A commitment to innovation has enabled Radius to win NerdWallet’s Best of Awards in 2021, Bankrate’s Best Online Bank of 2020, GoBankingRates’ ten Best Online Banks of 2020, GOBankingRates’ ten Best Checking Accounts of 2020, Nerdwallet’s ten Best Online Checking Accounts of 2020, and more.

Our Purpose

We are committed to delivering superior products and services to help our clients meet their financial goals, as well as giving back to the community in which we serve.

We are dedicated to providing exceptional customer service. Our team of well-trained professionals work to answer questions quickly and clearly through convenient channels, including in-person, phone, and electronically.  

See our public CRA file

Business Awards

  • Best Business Checking Accounts 2020

  • College Investor

    Best Checking Accounts for Small Businesses

  • 2020 Best Checking Account For Small Business

Best Place to Open a Business Checking Account

Our recommendation for best places to open a business checking account online is the digital-native bank at LendingClub. The Bank’s Tailored Business Checking Account is ideal for growing businesses. According to their website, they estimate that you can open your online business checking account in as little as 10 minutes.



Digital banking, made human.

At Radius, we put our customers at the center of everything we do. That’s why we focus on providing products and services that are not only convenient but help to make life easier.


We use 256-bit encryption to ensure that data is protected with the highest level of security.

FDIC Insurance

Your deposits are FDIC-insured up to the highest possible amount allowed – $250,000.

Customer Support

Have a question? We’re here to help. Chat with us online, or reach us by phone or email.