Great Lakes BankRank.org
|Number of Complaints||1,101 (0 In Progress)|
|Complaints per $100K of Deposits||—|
|Complaints Resolved in a Timely Manner||98.3%|
|Resolutions Disputed by Customer||3.6%|
|Complaints Resolved in Customer's Favor||100.0%|
|FDIC Certificate #||—|
|Number of Branches||— (— International)|
|Total Equity Held||—|
|Quarterly Net Income||—|
Contact InformationNot Available
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Great Lakes is ranked 156th out of 3,688 banks. That puts Great Lakes in the top 63nd 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 1,101 complaints against Great Lakes and 1,058,614 complaints total.
Of the 1,101 complaints again Great Lakes, there have been 566 in the passed 18 months. Of those 566 complaints, 100.0% have been resolved in the customers favor, 3.6% have been disputed by the customer, and 98.3% 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. Great Lakes is graded in 3 categories of financial products they offer. The top 3 categories are Student Loan, Credit Reporting and Debt Collection.
Click here to see Complete Great Lakes Report Card »
Below is the list of the top 10 complaint reasons against Great Lakes. Click here to see all complaints against Great Lakes.
|1||Student loan||Federal student loan servicing||Dealing with your lender or servicer||193|
|2||Student loan||Federal student loan servicing||Struggling to repay your loan||84|
|3||Credit reporting||Credit reporting||Incorrect information on your report||67|
|4||Student loan||Federal student loan servicing||Dealing with my lender or servicer||38|
|5||Student loan||Private student loan||Dealing with your lender or servicer||31|
|6||Credit reporting||Credit reporting||Problem with a credit reporting company's investigation into an existing problem||23|
|7||Student loan||Federal student loan servicing||Incorrect information on your report||19|
|8||Student loan||Private student loan||Struggling to repay your loan||16|
|9||Debt collection||Federal student loan debt||Attempts to collect debt not owed||11|
|10||Debt collection||Federal student loan debt||False statements or representation||11|