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Privacy Policy
Privacy Policy | 316 Financial Your Privacy Matters At 316 Financial, your trust is our priority. As a division of Primis Bank, Member FDIC, we are committed to protecting your personal information and being transparent about how it’s used. Our privacy practices follow those of Primis Bank, ensuring the same level of security and protection for your data.Below, you’ll find our full privacy policy, outlining how we collect, use, and safeguard your information. If you have any questions, we’re always here to help.Click here to read our Privacy Policy PDF.WhyFinancial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.WhatThe types of personal information we collect and share depend on the product or service you have with us.This information can include:Social Security numberAccount balancesTransaction historyCredit historyAssetsEmployment informationHowAll financial companies need to share customers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information; the reasons Primis chooses to share; and whether you can limit this sharing.Reasons we share your personal informationDoes Primis Bank share?Can you limit sharing?For our everyday business purposes – such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureausYesNoFor our marketing purposes – to offer our products and services to youYesNoFor joint marketing with other financial companiesYesNoFor our affiliates everyday business purposes – information about your transactions and experiencesYesNoFor our affiliates everyday business purposes – information about your creditworthinessYesYesFor our affiliates to market to youYesYesFor non-affiliates to market to youYesYesTo limit our sharing:Call Toll-free 833-477-4647 for 24/7 Customer Service.Please note:If you are a new customer, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer our customer, we continue to share your information as described in this notice. However, you can contact us at any time to limit our sharing.Questions? Call toll-free 1-833-4PRIMISWho we areWho is providing this notice?Primis means the following institutions: Primis Bank, Primis Mortgage Company, and divisions of Primis Bank that do not use the corporate name Primis.What we doHow does Primis Bank protect my personal information?To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.How does Primis Bank collect my personal information?We collect your personal information, for example, when you:Open an accountDeposit moneyApply for a loanUse your credit or debit cardGive us your contact informationWe also collect your personal information from others, such as credit bureaus, affiliates, or other companies.Why can’t I limit all sharing?Federal law gives you the right to limit onlysharing for affiliates’ everyday business purposes – information about your creditworthinessaffiliates from using your information to market to yousharing for nonaffiliates to market to youState laws and individual companies may give you additional rights to limit sharing. See below for more on your rights under state law.What happens when I limit sharing for an account I hold jointly with someone else?Your choices will apply to everyone on your account.DefinitionsAffiliatesCompanies related by common ownership or control. They can be financial and nonfinancial companies.Our affiliates include companies with a common corporate identity of the Primis name such as Primis Bank, Primis Mortgage Company, and Primis Financial Corp.Non-affiliatesCompanies not related by common ownership or control. They can be financial and nonfinancial companies. Nonaffiliates we share with can include insurance companies and co-branded partners.Joint marketingA formal agreement between nonaffiliated financial companies that together market financial products or services to you.Our joint marketing partners include credit card companies.Other important informationFor Alaska, Illinois, Maryland and North Dakota Customers. We will not share personal information withnonaffiliates either for them to market to you or for joint marketing – without your authorization.For California Customers. We will not share personal information with nonaffiliates either for them to market to youor for joint marketing – without your authorization. We will also limit our sharing of personal information about youwith our affiliates to comply with all California privacy laws that apply to us.For Massachusetts, Mississippi and New Jersey Customers. We will not share personal information from deposit orshare relationships with nonaffiliates either for them to market to you or for joint marketing – without your authorization.For Vermont Customers.We will not disclose information about your creditworthiness to our affiliates and will not disclose your personal information, financial information, credit report, or health information to nonaffiliated third parties to market to you, other than as permitted by Vermont law, unless you authorize us to make those disclosures.Additional information concerning our privacy policies can be obtained by calling 1-833-4PRIMIS.
Our Story
Our Story | 316 Financial At 316 Financial, we support causes that spread hope, faith, and make a lasting impact. WHO WE ARE Banking With a Higher Calling Rooted in Christian values, we offer a better way to bank. WHAT YOU VALUE MATTERS If you choose your friends, churches, businesses and radio stations based on your beliefs, why not choose your bank the same way? Play Video OUR STORY OUR STORY Tithing and charitable giving have reached historic lows in America, even as the combined household income of Christians is estimated in the trillions. Recognizing this disparity, we saw a profound opportunity: what if we could harness the financial power of the Christian community to give back to causes that make a lasting impact and reflect His teachings. As a bank, we have the unique ability to transform everyday transactions into meaningful contributions. By pooling resources, we can create a continuous stream of support for donation-dependent organizations—ones that spread messages of hope and faith, uplifting communities now and for generations to come. With this guiding purpose, we wanted our name to reflect the love, peace, and hope we strive to share. John 3:16, considered one of the most important verses in the Bible, shares God’s immense and never-ending love and hope for humanity. Inspired by this, we named our bank 316 Financial to ensure that hope and love remain at the heart of everything we do. 316 Financial turns every transaction into an opportunity to support causes that uplift and inspire. Frequently Asked Questions View All FAQs Am I required to donate money if I open an account with 316 Financial? No, you’re not required to donate—316 Financial takes care of that for you. We tithe 10% of our profits to organizations doing meaningful work, so your everyday banking automatically contributes to uplifting communities. Can I open an account now? Yes you can! Click the link to open an account and start banking with purpose. How did 316 Financial get its name? Our name is inspired by John 3:16, a verse that reflects love, hope, and generosity—principles we believe belong at the heart of banking. How does 316 Financial choose which organizations to support? At 316 Financial, we’re committed to giving with purpose. Our Financial Stewardship Committee meets quarterly to guide how donations are made, ensuring that every dollar goes to causes that reflect His teachings and create lasting impact. We’re laying the groundwork now and will share more details soon—but rest assured, our commitment to giving is thoughtful and principled. Is 316 Financial a bank? 316 Financial is a division of Primis Bank, Member FDIC. That means all of our banking services and deposit accounts are provided by Primis Bank, giving you access to the same trusted security and protections you’d expect from any FDIC-insured financial institution. Is my money safe with 316 Financial? Yes, your money is safe. As a division of Primis Bank, 316 Financial is a Member FDIC, which means your eligible deposits are insured up to $250,000 per depositor, per ownership category. FDIC insurance is automatically applied to your accounts at no cost to you. Plus, our banking platform is protected by advanced security measures to keep your information safe. Will I be able to talk to a real person if I need help? Yes! Our US-based customer care team is available 24/7, and you’ll always speak with real people—no outsourcing, no robots—just dedicated support whenever you need it. Click here to get in touch.
Faith, Finances, and Fraud Protection
Faithful Finance: 5 Summer Fraud Tips Protect what’s been entrusted to you. Learn 5 easy ways to guard your money and stay secure this summer—rooted in wise stewardship. Faith, Finances, and Fraud Protection Author: 316 Financial Published: Wednesday, February 5, 2025 How to Be a Wise Steward This SummerWe believe every dollar has a purpose—and it's our job to help you protect what’s been entrusted to you. Whether you're heading into summer vacation mode or just trying to stay one step ahead of online threats, it's the perfect time to sharpen your financial security habits.Here are 5 simple ways to keep your money and information safe this season—without losing your peace of mind.1. Don’t Trust Every Text or EmailScammers love pretending to be your bank, your utility provider, or even a ministry asking for donations. If you get a message asking you to click a link, log in, or “confirm” your information—pause.What to do: Go directly to the official website or contact the organization through a known, trusted number. Never click on a link you weren’t expecting.Remember: 316 will never call or text you asking you to provide details regarding your personal info or account, unless you prompt the call.2. Use Alerts to Catch Trouble EarlyReal-time text and app alerts are one of the easiest ways to spot fraud before it escalates. If someone makes a purchase or withdrawal, you’ll know instantly—and can take action.What to do: Turn on transaction alerts in your 316 mobile app for every debit card purchase or login attempt.3. Keep Your Access Personal and ProtectedWe trust the people closest to us—but financial security starts with personal responsibility. Even with good intentions, sharing your login can lead to accidental mix-ups or create openings for fraud.What to do: Think of your account access like your house key: it’s best kept in your hands. If someone else needs access, let’s talk about safer ways to share information or set up the right account for their needs.4. Avoid Public Wi-Fi for Financial TransactionsAirports, coffee shops, and hotel Wi-Fi networks are convenient—but not always secure. Logging into your bank or uploading sensitive documents over public Wi-Fi opens the door for hackers.What to do: Use your phone’s data connection for banking tasks or wait until you're on a secure, private network.5. Practice Purposeful Generosity, SafelyGiving to causes that matter is at the heart of what we do—but even generosity can be hijacked by fraudsters. Fake charities or spoofed donation sites are on the rise.What to do: Always vet organizations before donating. If something feels off, it probably is. And when in doubt, reach out—we’re happy to help verify.Your Financial Safety Is Part of Your StewardshipBeing a wise steward isn’t just about how you give—it’s also about how you guard what’s been entrusted to you. With a few simple habits and the right tools, you can move through summer with confidence, clarity, and care. Need help setting up alerts or reviewing your account? Call us any time. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
Home
316 Financial: Banking Uplifted Discover a better way to bank. 316 Financial delivers tech-forward technology paired with faith-based values. 316 FINANCIAL IS Banking Uplifted Rooted in Christian values, we’re offering a better way to bank. Open an Account Play Video 316 Financial: The Bank That Tithes 316 Financial: The Bank That Tithes It’s true—we donate 10% of our profits to causes that create lasting impact and reflect His teachings. It’s also true that we do this without cutting corners on rewards and service for you. We know that’s not what most banks do, and that’s exactly why we do it. Watch our video to learn more. Watch Our Video ACCOUNTS THAT REFLECT YOUR VALUES Purpose-driven accounts designed to reward, grow, and uplift. 316 Rewards Checking Earn rewards on your everyday spending—1% cash back, no fees, and free ATM access. 316 Interest Checking Grow your balance with competitive interest, no fees, and free nationwide ATM access. 316 Interest Savings Save with purpose—earn interest, enjoy no fees, and access smart financial tools. WHO WE ARE Not Business as Usual It’s time to align your faith and your finances. You choose your church, your charities, your friends, and even your radio station, based on your beliefs—so why not your bank? Unlike traditional banks driven by corporate interests, we’re guided by faith, purpose, and values that shape everything we do. Our Values A Mission-Driven Bank Banking With Purpose Tithing and charitable giving have declined for decades—even as the need has never been greater. So, we asked: what if a bank could help change that? That’s why 316 Financial tithes 10% of our profits to support causes that spread hope, faith, and reflect His teachings. Be part of something bigger. Open your account today and turn everyday banking into a force for good. Get Started Community Uplifted We’re dedicated to keeping love and hope at the center of everything we do. A Safe Place Partnering with A Safe Place, volunteers helped provide support and resources to trafficking survivors. Hope In Every Page Spreading hope, one book at a time! Our volunteers donated books to Children's Hospital of Richmond at VCU. Serving With Heart Team members helped stock the food pantry at First Baptist Woodstock in Georgia. Info to Know Deposit AccountsDeposit accounts can be opened with as little as $1. These accounts are available online only and are not offered in Puerto Rico or other U.S. territories. Fees for ATM transactions at foreign (non-Primis) will be refunded to your account the business day your statement cycle ends.Interest and RatesAPY = Annual Percentage Yield. No minimum balance is required to earn interest. Rates are accurate as of March 6, 2025, and may change at any time. Fees, if applicable, may reduce earnings.
The Power of ‘Paying Yourself First’ (And How to Make It Happen)
The Power of ‘Paying Yourself First’ Learn the power of "paying yourself first" to build savings automatically. Prioritize your future with easy strategies and high-yield savings at 316 Financial. The Power of ‘Paying Yourself First’ (And How to Make It Happen) Author: 316 Financial Published: Wednesday, April 2, 2025 Most people handle money the same way: paycheck comes in, bills get paid, groceries get bought, and whatever’s left (if anything) goes into savings. The problem? There’s never "extra" money to save.That’s why the most financially successful people flip the script. They follow one simple rule: pay yourself first.What Does It Mean to Pay Yourself First?Paying yourself first means treating saving like a non-negotiable bill—just like rent, your phone plan, or electricity. Before you pay anyone else, you set aside money for your future.Why? Because if you wait until the end of the month to save what’s left over, you’ll always find something to spend it on.How to Make It Happen (Without Thinking About It)The trick is to make saving automatic so it happens before you even have a chance to miss the money. Here’s how:Set Up an Auto-Transfer – Have a percentage of your paycheck automatically deposited into savings. Even $20 a week adds up over time.Use High-Interest Savings – When your money earns interest, it grows even faster. With 316 Financial, you earn 4.05% APY (annual percentage yield*), helping you build wealth just by letting your money sit.Think of It as a Bill – Budget for your savings the same way you budget for rent or insurance. It’s not “extra”—it’s essential.Start Small & Increase Over Time – If 10% of your paycheck feels too ambitious, start with 5% or even 2%. The key is building the habit.Make It Harder to Spend – Keep your savings in a separate account from your checking. Out of sight, out of temptation.Your Future Self Will Thank YouThe beauty of paying yourself first? Over time, your savings grows without stress or sacrifice. And with no monthly service fees, 24/7 support, and an account that helps support causes that uplift, 316 Financial makes saving simple—and meaningful. Remember, deposit accounts can be opened with as little as $1. *APY = Annual Percentage Yield. No minimum balance is required to earn interest. Rates are accurate as of March 6, 2025, and may change at any time. Fees, if applicable, may reduce earnings. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
Limits
Limits | 316 Financial Your 316 Accounts Move Money Your Way Seamless transfers, transparent limits. We make moving money simple and seamless. Whether you're sending payments, withdrawing cash, or funding your account, we've got you covered with transparent limits and no hidden fees. P2P & Bill Pay With our digital banking tools, you can send money through Bill Pay and Peer-to-Peer (P2P) services, while also receiving funds through direct deposits and other P2P platforms. Consumer Per Transaction Limit Daily Limit Weekly Limit Monthly Limit P2P New $500 $500 $3,500 $10,000 P2P Tenured $2,500 $10,000 $25,000 $50,000 Bill Pay New $3,500 $5,000 $15,000 $25,000 Bill Pay Tenured $10,000 $25,000 $50,000 $100,000 ATM Transactions You can access cash from any ATM nationwide, with fees reimbursed at the end of each statement cycle. For security, ATM withdrawals are limited to $550 per day. Worried you can’t make deposits at the ATM? We’ve got you covered. Just use your phone’s camera and the 316 Financial app. All 316 customers can use our mobile check deposit feature to deposit up to $25,000 per day. ACH Transfers Moving money between 316 Financial and other banks is easy with ACH transfers. Daily Limit: $18,000 (incoming and outgoing)Monthly Limit: $100,000 (incoming and outgoing)Cost: Free for all incoming and outgoing transfersIf you need to transfer money outside of these customer limits learn how to make a wire transfer (we’ll even refund your fees). Initial Funding Limits Get started with your new account easily. Here’s what you need to know about initial deposits: 316 Rewards Checking: $6,000316 Interest Checking: $30,000316 Savings: $100,000Wire Transfers – We’ve Got You Covered We don’t charge fees for incoming wires, and we’ll even refund fees your other bank may charge—plus, we’ll add $10 for your effort. Just contact our support team with documentation to claim your refund. Send an email to get started.Need more details?Our U.S.-based customer care team is available 24/7 to assist with any questions. Click here to contact us.
Fraud Protection
Fraud Defense HQ | 316 Financial Scammers don’t rest, but neither do we. Stay informed, stay secure, and take action when you need to. Protect what matters most. SECURITY & FRAUD PREVENTION Scammers don’t rest, but neither do we. Stay informed, stay secure, and take action when you need to. Tax Scams: Fake IRS, Real Threats Scammers impersonate the IRS, demanding payment or personal info. Learn how to spot the fraud and keep your finances safe. View Blog Grandparent Scams: Protect Your Loved Ones A panicked “grandchild” calls, begging for help—but it’s a scam. Know the warning signs before your family is targeted. View Blog Phishing, Smishing & Vishing: Don’t Take the Bait Email, text, or phone—scammers will try anything to steal your info. Learn the red flags and how to stay one step ahead. View Blog Romance Scams: When Trust Turns Costly Not every “soulmate” is who they claim to be. See how scammers build trust, steal money, and leave victims heartbroken. View Blog Dispute a Charge Saw something suspicious? Whether it’s fraud or just an error, you have the right to dispute a charge. Online: You can dispute a charge as soon as you see it in online banking. By Phone: Prefer to talk to a real person? Call 833.316.3167, and we’ll take care of it. Contact Us Report a lost or stolen Card Your security comes first. If your debit card goes missing, report it right away so we can lock it down and get you a replacement fast. Call Us: Call our 24/7 Team at 833.316.3167 to report a lost or stolen card. Monitor Your Credit: Keep an eye on your credit report for unauthorized activity. Our credit monitoring tools can help you stay informed and protected.
Disclosures
Disclosures | 316 Financial Things You Should Know Disclosures At 316 Financial, we’re all about transparency and we want you to have easy access to our policies and guidelines that impact your finances. We’re sharing information here, but also remember to check within your online banking and mobile app for the most up-to-date information specific to your accounts. Interest Checking Download PDF Rewards Checking Download PDF Savings Download PDF E-sign Disclosure Download PDF Account Terms Check out the truth in savings specific to each product posted to our website.316 Truth in Savings Disclosures316 Interest Checking316 Rewards Checking316 Savings
316 Interest-Earning Checking Account
Interest-Earning Checking Account | 316 Financial Open a 316 Interest Checking account to earn a high APY with no monthly fees, no minimum balance, and free nationwide ATM access. 316 Interest-Earning Checking Account Big APY. Bigger Impact. With 3.80% annual percentage yield (APY*) and no monthly fees, it’s a better way to bank. Open An Account Earn 3.80% APY No account fees No minimum balance Early direct deposit Free ATM access, nationwide. We refund fees at the end of each statement cycle No overdraft fees FDIC-insured 24/7 care from real people Free credit monitoring tools Free starter pack of 316 checks Free cashier’s checks Free & Refunded Wires Open An Account WHY WE GIVE Every Dollar Makes a Difference Giving isn’t always easy, but at 316 Financial, it’s automatic. We donate 10% of our profits to organizations that uplift communities and spread hope and love. This belief is what inspired us to start—and even shaped our name. Learn more about our story and how your banking can make a lasting impact. Our Stories FAQ PEACE OF MIND FDIC Protection. Advanced Security. You can bank uplifted—without compromising on security. With full FDIC coverage and advanced fraud protection, your money and personal information are always safe, giving you the confidence to bank with purpose. A PERFECT PAIR Maximize your earnings with 316 Savings. Pair your 316 Interest Checking with a high-yield savings account that earns an impressive 4.05% annual percentage yield* (APY)—helping you grow your money while keeping everything connected in one easy place. Learn More Info to Know Deposit AccountsDeposit accounts can be opened with as little as $1. These accounts are available online only and are not offered in Puerto Rico or other U.S. territories. Fees for ATM transactions will be refunded to your account the business day your statement cycle ends.FeesWe don’t charge fees for account maintenance, overdrafts, or stop payments—no surprises, just honest banking. While we aim to be fee-free, some services, like remote online notary, may have a cost. See our Fee Guide for more information.Interest and Rates*APY = Annual Percentage Yield. No minimum balance is required to earn interest. Rates are accurate as of March 6, 2025, and may change at any time. Fees, if applicable, may reduce earnings.
316 Interest-Earning Savings Account
Interest-Earning Savings Account | 316 Financial Earn a high APY with a 316 Savings account—no monthly fees, no minimum balance, and 24/7 support. Grow your money while supporting meaningful causes. 316 Interest-Earning Savings Account EARN 4.05% APY WHILE YOU GIVE Earn 4.05% annual percentage yield (APY*) while your account helps support causes that uplift. No monthly fees. 24/7 support. Open an Account Earn 4.05% APY No account fees No minimum balance No overdraft fees FDIC-insured 24/7 care from real people Free credit monitoring tools Open an Account WHY 316 FINANCIAL? We’re a bank with a greater purpose. You choose your church, your charities, your friends—even your radio station—based on your beliefs and values. Why should your bank be any different? At 316 Financial, we tithe 10% of our profits to causes that uplift communities and create lasting impact, all while delivering the rewards and service you deserve. We’re not like other banks—and that’s on purpose. Our Purpose FAQs FREE WIRE REFUNDS We cover the cost—and then some. We don’t charge you for incoming wires, and we’ll even refund fees your originating bank might charge. Plus, we’ll add an extra $10 for your effort. Simply submit a request with documentation to our team, and we’ll take care of the rest—because banking should be hassle-free. THE PERFECT MATCH Interest Checking + Savings Pair your 316 Savings with 316 Interest Checking for a complete banking experience that grows your money and keeps it simple—no fees, no hassle, just seamless banking with purpose. Learn More Info to Know Deposit AccountsDeposit accounts can be opened with as little as $1. These accounts are available online only and are not offered in Puerto Rico or other U.S. territories.FeesWe don’t charge fees for account maintenance, overdrafts, or stop payments—no surprises, just honest banking. While we aim to be fee-free, some services, like remote online notary, may have a cost. See our Fee Guide for more information.Interest and Rates*APY = Annual Percentage Yield. No minimum balance is required to earn interest. Rates are accurate as of March 6, 2025, and may change at any time. Fees, if applicable, may reduce earnings.