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Empowerment Ventures, LLC — Overview
Overall
Empowerment Ventures, LLC is rated overall in the bottom 1st percentile based on 1,063 customer complaints.

Statistics

Number of Complaints1,063 (0 In Progress)
Complaints per $100K of Deposits
Complaints Resolved in a Timely Manner89.7%
Resolutions Disputed by Customer5.1%
Complaints Resolved in Customer's Favor89.7%

Financial Report

Established
FDIC Certificate #
Number of Branches— (— International)
Total Assets
Total Deposits
Total Equity Held
Quarterly Net Income
1st
percentile

Contact Information

Not Available

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Empowerment Ventures, LLC — Summary

Empowerment Ventures, LLC is ranked 414th out of 3,688 banks. That puts Empowerment Ventures in the bottom 1th percentile and gives them an overall grade of "". This ranking is based upon customer complaints to the Consumer Finance Protection Bureau (CFPB) and public data about FDIC insured financial institutions. There are 1,063 complaints against Empowerment Ventures and 1,058,614 complaints total.

Of the 1,063 complaints again Empowerment Ventures, there have been 27 in the passed 18 months. Of those 27 complaints, 89.7% have been resolved in the customers favor, 5.1% have been disputed by the customer, and 89.7% 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. Empowerment Ventures, LLC is graded in 0 categories of financial products they offer. The top 3 categories are Prepaid Card, Credit Card and Bank Account or Service.

Empowerment Ventures, LLC is rated

Click here to see Complete Empowerment Ventures Report Card »

Most Recent Complaints

Below is the list of the top 8 complaint reasons against Empowerment Ventures, LLC. Click here to see all complaints against Empowerment Ventures.

# Product Sub-Product Issue Count
1 Credit card General-purpose prepaid card Problem with a purchase or transfer 10
2 Credit card General-purpose prepaid card Trouble using the card 8
3 Credit card General-purpose prepaid card Unexpected or other fees 3
4 Credit card Government benefit card Problem with a purchase or transfer 2
5 Credit card Government benefit card Problem getting a card or closing an account 1
6 Checking or savings account Checking account Problem with a lender or other company charging your account 1
7 Credit card General-purpose credit card or charge card Other features, terms, or problems 1
8 Credit card Payroll card Problem with a purchase or transfer 1
View all complaints »
Complaints by Product
Complaints Over Time - By Year
** Document Provided By BankRank.org **
Source: https://www.bankrank.org/banks/empowerment-ventures-llc