Scottrade was founded in 1980 by Rodger. O. Riney, the present CEO. It is a reputed discount brokerage firm that operates at various geographical locations through their retails branches.
Headquartered in Missouri, the bank initially offered no investing advice in its early days. They took orders over the phone. Soon they expanded they retail and transform their services and besides retail branches, Scottrade now provides online banking facility as well.
As of the current financial stats, Scottrade has about 1.1B USD as its revenue and a fantastic employee strength of more than 3800. For ordinary banking or brokerage options, this bank can be more than just an automatic choice as it leverages on the intelligentsia of its advisors, who come with several years of valuable experience in this field. One can definitely get in touch with them to manage a perfect portfolio and also get assisted rightly regarding investments or stock trading.
Few services offered by Scottrade bank include:
- Easy transfer of brokerage account. Refund up to 100 USD in other broker transfer fees on opening a new account with Scottrade.
- Investment consultancy and financial advisory services.
- Mobile trading facility.
- Online and mobile banking service.
- Retirement and IRAs.
- ETFs, bonds, mutual funds, and CDs.
- International investing.
Important information related to Scottrade bank:
Routing Number: 081086674
Swift Code: USBKUS44IMT
Customer Care Number: 800.619.7283
Link to online banking page: https://trading.scottrade.com/?act=logoff
Useful guidelines for first-time online banking users
Traditional bankers opine differently about online banking as they often have a nice personal relationship with the bank officials. They visit the retail branch from time to time and also firmly believe it is much safe with less scope of fraudulent interventions. However, on a larger whole, online banking is highly beneficial. It saves valuable time and makes banking a very convenient experience. Quite in contrast to branch banking, there is no unnecessary delay and one need not stand in a queue.
Environmentally too, it is friendly as electronic transactions are paperless and reduce vehicle traffic in public.
Scottrade bank offers online banking option and has a highly secure platform for its users. One can be assured of the transactions or payments and practically there are no chances of fraud activities.
If you are a first time user, have a look at the simple steps to get started with online banking.
Step 1: The prerequisite for online banking is to have an account with Scottrade. One needs to open a new bank account in case they do not have any with Scottrade.
Step 2: On successfully opening a bank account, a welcome kit is provided to the customers. The welcome kit contains the account number and password for logging in to the online account.
Step 3. On the home page, find the option ‘’Customer Login’’. Enter the account number and password in the spaces provided and from the drop-down box, and select the page you want to view. Click on ‘’login’’ and enter your account.
You can log in any time using this password, but it is advisable to change it after the first login. This ensures security at your level as well. For any queries or information, one can dial the customer care and get navigated rightly.