Axos Bank Celebrates 20 Years of Digital Financial Services Leadership
04 Juli 2020 - 1:45PM
Business Wire
Two decades after opening on July 4, 2000, Axos
Financial has transformed from a digital bank to a full-service
consumer and commercial bank and wealth management platform
Axos Financial (NYSE: AX) celebrated its 20th anniversary today,
signifying two decades of leadership in the digitization of
financial services.
“Launching our bank on the Fourth of July twenty years ago was
symbolic of our desire to provide our customers independence from
brick-and-mortar banking,” said Axos President and CEO Greg
Garrabrants. “Over two decades, we’ve established Axos as a digital
banking leader – a position that will only strengthen as consumers
and small businesses increasingly embrace our model and as we
further incorporate holistic financial and wealth management
services in our flexible, online platform.”
Axos Bank consistently ranks as one of the highest performing
banking institutions in the country – with S&P Global Market
Intelligence naming Axos one of the nation's top five public
thrifts for 11 years in a row. The bank’s consumer-friendly
products, including award-winning checking accounts, have been
repeatedly recognized as offering customers unbeatable value.
Since its launch, Axos’ online platform has added a broader set
of wealth-management capabilities to meet the needs of its
customers and serves a broad range of consumers, small businesses,
and commercial clients.
Axos’ 20th birthday comes as it was recently named one of the
three best digital banks in the United States by Kiplinger’s Personal Finance magazine. For more
information about Axos’ checking, savings, lending and digital
advisory services, please visit www.axosbank.com.
About Axos Financial and Axos Bank
Axos Financial, Inc. (NYSE: AX) is the holding company for Axos
Bank, a nationwide bank that provides consumer and business banking
products through its low-cost distribution channels and affinity
partners. With over $12 billion in assets, Axos Bank provides
financing for single and multifamily residential properties,
small-to-medium size businesses in target sectors, and selected
specialty finance receivables. Its wholly-owned non-bank
subsidiaries, Axos Clearing LLC and Axos Invest, Inc., with
approximately $7 billion of assets under custody, provide
comprehensive securities clearing services to introducing
broker-dealers and registered investment advisor correspondents and
digital investment advisory services to retail investors,
respectively. Axos Financial, Inc.’s common stock is listed on the
NYSE under the symbol “AX” and is a component of the Russell 2000®
Index and the S&P SmallCap 600® Index. For more information
about Axos Bank, please visit www.axosbank.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20200704005003/en/
Greg Frost SVP, Corporate Communications Axos Bank Phone:
1-858-376-6370 Email: gfrost@axosbank.com
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