Doral Bank Direct is an online banking product provided by Doral Bank, FSB (Doral Bank). Doral Bank is a wholly owned subsidiary of Doral Financial Corporation (NYSE:DRL), a diversified financial holding company with banking operations in the United States and Puerto Rico.
Doral Bank initiated operations in New York in 1999 as a FDIC-insured, federal savings bank emphasizing on bringing financial services to underserved communities, including the growing Hispanic community, currently the nation's largest minority.
Yes, your deposits are FDIC insured up to the maximum allowed by law through Doral Bank.
The FDIC insures deposit accounts such as checking, NOW, savings, money market, and certificates of deposit (CD’s) accounts. The basic insurance amount is $100,000 per depositor per insured bank. You may qualify for more than $100,000 in coverage if you own deposit accounts in different ownership categories. For information visit the FDIC’s website: www.fdic.gov.
We review your application and verify your identity.
Once your identity has been verified, two (2) small trial deposits will be credited to your checking account.
We will email you at the email address you provide. This email will include detailed instructions on Doral Bank Direct’s verification process and requires action within 30 calendar days of receipt.
Once ownership of the funding account has been verified, your initial deposit will be processed and your account will be opened.
Once you complete the account validation process of your Doral Bank Direct account, you will receive a confirmation email from Doral Bank Direct telling you when your account is operational and ready for additional transactions.
After your initial deposit, you can make deposits the following ways:
Set up Direct Deposit with your employer.
Transfer money from a linked account.
Send money from an unlinked account via wire transfer. Our ABA # is 026073082.
Send your deposit by mail. Check (s) must be payable to the account holder. On the back of the check write "For Deposit Only" and your Doral Bank Direct account number. Mail the deposit to:
Doral Bank Direct
623 5th Avenue
13th Floor
New York, NY 10022
Are there limits to the number of saving account withdrawals or deposits?
The number of withdrawals in each savings account is limited to six per calendar month. There is no limit to the number of deposits.
Can I open an account with a joint account holder?
Yes, you can add a joint account holder while you are completing the application. You will need the address, social security number, date of birth, place of birth, and identification information of the co-applicant.
To add a joint account holder after the account is opened, contact a customer service representative at 1-877-31DORAL (877-313-6725).
Yes, you can assign a beneficiary while you are completing the application. You will need the name, address, phone number, social security number, and date of birth of the beneficiary.
To add a beneficiary after the account is opened, please contact a customer service representative at 1-877-31DORAL (877-313-6725).
Doral Bank Direct offers Internet banking and bill payment services utilizing solid security standards. These security standards have received ICSA Trusecure Certification and are re-assessed on a quarterly basis. Delivering these services require a robust security framework that protects you and our institution's data from outside intrusion. The secure network topology was devised by a third-party Internet specialist and all changes require formal written approval. We are committed to working with our Internet service and communications providers to produce the safest operating environment possible for our customers.
While our service provider continues to evaluate and implement the latest improvements in Internet security technology, users of the online banking system also have responsibility for the security of their information. Click here for recommended
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What do I do if I forget my username and password or need more help?
You may contact a customer service representative at 1-877-31DORAL (877-313-6725) Monday through Friday 9am – 5pm, Eastern Standard Time. You may also send an e-mail message to customerservice@doralbankdirect.com.
