How long has BankPlus been around?
Banner Life has been operating in the American life insurance sector for several decades, tracing its lineage back to the Government Employees Life Insurance Company (GELICO), which was chartered in 1949. GELICO expanded steadily over the decades, earning high industry ratings and establishing a robust national presence before being acquired as a wholly-owned subsidiary by the international UK-based Legal & General Group in 1981. The organization officially changed its name to Banner Life Insurance Company in 1983 to serve as the flagship operational brand for Legal & General's life insurance business in the United States.
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Bankwell is a dynamic commercial banking enterprise headquartered in Connecticut, maintaining total assets exceeding $3.3 billion.
Yes, BankPlus is a completely authentic, highly established commercial banking institution operating a massive network of physical branches and advanced digital platforms across several southern states, particularly Mississippi and Louisiana.
BankPlus is not a pure online-only fintech institution, but rather a full-service regional commercial bank that features robust digital banking capabilities.