Summary: Primis Bank is a financial institution that combines the strength of an FDIC-insured bank with the innovation of a fintech company. It offers personal and business deposit accounts, mortgages, loans, and lines of credit. The bank was founded in 2005 and primarily serves customers online. However, it has physical branches in Virginia and Maryland.

Primis Bank’s Premium Checking account is a free checking account with a high yield. It pays 4.05% APY and has no minimum balance. The minimum opening deposit for this account is just $1.

In addition, this account has minimal fees, charging no monthly account fees or overdraft fees. You also have free nationwide ATM access, with all non-Primis ATM fees refunded at the end of each billing cycle.

This account has most of the same benefits as the Premium Checking account. The main difference is that it earns rewards on every debit card purchase instead of interest. Every time you use your debit card, you earn a flat $0.50, which is paid into your account.

Primis Bank also offers a high-yield savings account with a competitive 4.2% APY. It has many of the same benefits as the bank’s checking accounts, such as no monthly fees or minimum balances. In addition, it has the same $1 minimum opening deposit.

Read more: Savings accounts with interest rates of 4% APY and higher (updated weekly)

Primis generally keeps fees low; you can learn more about specific account fees in each account’s disclosure documents. The following table highlights common fees that Primis Bank charges for certain services.

Consider these pros and cons before opening an account with Primis Bank:

Pros

• Competitive deposit interest rates: Primis Bank’s Premium checking account pays an impressive 4.05% APY, while the savings account pays slightly more at 4.2% APY. These rates are highly competitive for today’s market.

• No monthly fees: This bank charges no monthly fees on any of its deposit accounts.

• Free nationwide ATM access: You have fee-free access to ATMs nationwide. Any fees you incur are reimbursed at the end of each billing cycle.

Cons

• Limited branch access: Primis Bank has several branches in its home state of Virginia, as well as Maryland. However, it does not have a physical presence in other states. This may be a downside for those who prefer in-person service.

• No CDs or money market accounts: CDs sometimes pay higher rates than savings accounts, but Primis doesn’t offer them. The same is true for money market accounts, which offer some features of both checking and savings accounts.

You can get in touch with Primis Bank via phone or email, in addition to a contact form on the bank’s website. It also has a chat feature, which lets you communicate by typing or speaking. The bank says its customer support number is available 24/7.

Primis Bank has apps available on iOS and Android, with average user ratings of 4.7 stars and 4.4 stars, respectively. The app lets you check account balances, see spending patterns, transfer money between accounts, and deposit checks.

The general customer support number for Primis Bank is 833-477-4647.

Primis Bank’s mailing address is:

Primis

P.O. Box 2075

Ashland, VA 23005

Yes, Primis Bank is FDIC-insured. In fact, it offers extended FDIC coverage, insuring up to $2 million per tax ID.

Primis Bank’s routing number is 051409278.

Primis Bank is relatively small, with $3.9 billion in total assets as of June 30, 2025.

Primis Bank was founded in 2005.

Primis Bank was previously known as Sonabank. The bank announced that it would rebrand to Primis Bank in 2021.