Does TotalBank Have Auto Loans?

TotalBank, an online division of City National Bank of Florida (CNBFL), focuses on providing high-yield Certificates of Deposit (CDs). It also offers Money Market Deposit Accounts (MMDAs) to customers across the United States. Currently, TotalBank does not offer auto loan products.

TotalBank’s Offerings:

• High-Yield Certificates of Deposit (CDs): TotalBank provides a range of CD terms with competitive Annual Percentage Yields (APYs). For instance, as of February 15, 2025, a 3-month CD offers an APY of 4.51%. A minimum deposit of $25,000 is required to open a CD, with a maximum limit of $1,000,000 per client. Early withdrawals may incur penalties, and CDs automatically renew upon maturity with a 10-day grace period for any changes.
• Online Money Market Deposit Accounts (MMDAs): TotalBank’s MMDA features an APY of 4.51% for balances of $2,500 and above. Opening an account requires a minimum deposit of $25,000 via ACH, with a maximum account balance of $1,000,000 per client. Account holders are allowed up to six withdrawals per month. If this limit is exceeded, a $10 excessive transaction fee is incurred for each additional withdrawal. The account does not include debit card or check-writing privileges.

Account Access and Management

Customers can manage their accounts online through TotalBank’s website or mobile app, available on the App Store and Google Play. The app provides features such as account balance viewing, transaction history, and fund transfers between TotalBank accounts.

FDIC Insurance

Deposits with TotalBank are insured by the Federal Deposit Insurance Corporation (FDIC). The insurance covers up to the standard maximum of $250,000 per depositor. This is per ownership category. This provides protection if bank failure occurs.

Customer Support

For inquiries or assistance, customers can contact TotalBank’s support team at (888) 682-2881. The team is available Monday through Friday from 8:30 am to 5:00 pm ET. Correspondence can also be mailed to TotalBank, P.O. Box 524470, Miami, FL 33152-4470.

While TotalBank does not offer auto loans, customers seeking vehicle financing may consider other financial institutions that provide such services.