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Ocean Bank

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Ocean Bank Rates & Review June 2026

Q: How many branches does Ocean Bank operate?

Ocean Bank currently maintains approximately 24 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is there a first-time homebuyer program?

Currently, Ocean Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Ocean Bank provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated: June 16, 2026

Ocean Bank's 6-Months 6-Month CD rates are at 3.50%. MonitorBankRates evaluates the financial stability of Ocean Bank with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 1.17%. Rates were last updated on 06/16/2026.

Ocean Bank money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Ocean Bank? Share your experience about Ocean Bank by leaving a review below, or read customer reviews before you decide to use Ocean Bank.

Overall Health & Safety Grade

A+

Exceptional Health Score: 99/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

1.17%

Excellent Lower than avg

Ocean Bank

780 Nw 42nd Ave
Miami, FL 33126

https://www.oceanbank.com

Ocean Bank CD Rates

Product	Rate	APY	Term	View More
6-Month CD	-	3.50%	6 months
Min Deposit $2,500 Details Special promotion. Must be new money to Ocean Bank. New money is funds not currently on deposit at Ocean Bank. Interest rates may change without notice. Initial CD deposit amount is required to be maintained each day to earn the APY disclosed. There will be a penalty for early withdrawals on CDs. Offer does not apply to IRA CDs. Offer subject to change without notice and subject to change at any time. Last Updated 06/16/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.17%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Ocean Bank is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather Ocean Bank rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Ocean Bank's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Ocean Bank

Bank Holding Company OCEAN BANKSHARES INC

Address 780 Nw 42nd Ave, Miami, FL 33126 · Miami-Dade

Website https://www.oceanbank.com

FDIC Certificate # 24156

Established 12/09/1982

FDIC Insurance Date 12/09/1982

Domestic Offices 24

Total Branches 24

Regulator FDIC

FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

A+

Overall Health Grade Score: 99/100

5.0

Exceptional Out of 5.0 Stars

1.17%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) 1.0991%

Return on Equity (ROE) 11.8300%

Non-Performing Loans (NPL) 0.09%

Total Assets $7,436,315,000

Total Deposits $6,271,808,000

Equity Capital $697,385,000

Net Income $65,502,000

Headquarters Miami

Total Branches and Offices 24

Source: FDIC | Last Updated 12/31/2025

Customer Reviews

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Average Rating

☆☆☆☆☆

Total Reviews

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Frequently Asked Questions About Ocean Bank

How many branches does Ocean Bank operate?

Ocean Bank currently maintains approximately 24 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, Ocean Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Ocean Bank provides members with tools to manage their accounts and build a solid financial history.

Does Ocean Bank offer online and mobile banking?

Most modern institutions like Ocean Bank provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.oceanbank.com.