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Conserve — Overview
B+ Overall
Conserve is rated overall in the top 83nd percentile based on 405 customer complaints.

Statistics

Number of Complaints405 (0 In Progress)
Complaints per $100K of Deposits
Complaints Resolved in a Timely Manner100.0%
Resolutions Disputed by Customer3.1%
Complaints Resolved in Customer's Favor100.0%

Financial Report

Established
FDIC Certificate #
Number of Branches— (— International)
Total Assets
Total Deposits
Total Equity Held
Quarterly Net Income
83nd
percentile

Contact Information

Not Available

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Conserve — Summary

Conserve is ranked 71st out of 3,688 banks. That puts Conserve in the top 83nd percentile and gives them an overall grade of "B+". This ranking is based upon customer complaints to the Consumer Finance Protection Bureau (CFPB) and public data about FDIC insured financial institutions. There are 405 complaints against Conserve and 1,058,614 complaints total.

Of the 405 complaints again Conserve, there have been 144 in the passed 18 months. Of those 144 complaints, 100.0% have been resolved in the customers favor, 3.1% have been disputed by the customer, and 100.0% have been resolved in a timely manner. The CFPB allows 60 days to resolve complaints before considering them "untimely".

The statistics and figures above are averaged and ranked. We then compute teach bank's overall percentile based upon these scores. Learn more details about our ranking methodology.

Break-down by Financial Product

Grades are also broken down by financial products offered by each institution. Conserve is graded in 1 category of financial products they offer. The top 3 categories are Debt Collection, Student Loan and Credit Reporting.

Conserve is rated "A-" in Debt Collection.

Click here to see Complete Conserve Report Card »

Most Recent Complaints

Below is the list of the top 10 complaint reasons against Conserve. Click here to see all complaints against Conserve.

# Product Sub-Product Issue Count
1 Debt collection I do not know Attempts to collect debt not owed 13
2 Debt collection Federal student loan debt Attempts to collect debt not owed 13
3 Credit reporting Credit reporting Incorrect information on your report 12
4 Student loan Federal student loan servicing Dealing with your lender or servicer 9
5 Debt collection Other debt Attempts to collect debt not owed 8
6 Debt collection Other debt Written notification about debt 7
7 Student loan Federal student loan servicing Struggling to repay your loan 6
8 Debt collection Federal student loan debt Written notification about debt 6
9 Debt collection I do not know Written notification about debt 5
10 Student loan Federal student loan servicing Dealing with my lender or servicer 5
View all complaints »
Complaints by Product
Complaints Over Time - By Year
** Document Provided By BankRank.org **
Source: https://www.bankrank.org/banks/conserve