About MetLife Bank | Reverse Mortgage| MetLife Bank News

About Us

We’re part of a family of companies you can count on

MetLife Bank is a federally chartered bank that began serving its customers in 2001. With more than $10 billion in customer deposits (as of 11/30/09), we’re ranked as one of the top 100 commercial banks in the United States,* by American Banker . We’re also a MetLife company—committed to helping our customers build financial freedom through both our deposit and home financing product offerings, including reverse mortgages.

Deposit Products

With MetLife Bank, you can have peace of mind knowing that the money you’ve worked so hard for is growing safe and sound. You'll get competitive rates, and the security of FDIC insurance**. Our savings products include:

MetLife Home Loans

In 2008, MetLife Bank created a special home financing division called MetLife Home Loans—so we could respond to the home financing needs of consumers— including both traditional and reverse mortgages.

Traditional Mortgages

We offer a range of products and services that enable us to respond to a wide variety of needs.

Fixed-rate loans
Adjustable-rate loans(ARMs)
Flexible products for first-time homebuyers
FHA and VA loans
Jumbo financing up to $2 million
Financing for new construction

Reverse Mortgage

MetLife Bank is dedicated to helping homeowners age 62 or older make the most out of this important mortgage option. As a member of the National Reverse Mortgage Lenders Association (NRMLA), we adhere to the highest ethical standards in our industry.

A MetLife Company you Can Count on

Whether you're looking for home financing solutions or a great way to save for the future, MetLife Bank and our mortgage division, MetLife Home Loans, can help you. As a MetLife company, and MetLife being a company that people have relied on for more than 140 years—you can be confident we’ll be here when you need us.

MetLife Bank is regulated by the Office of the Comptroller of the Currency (OCC).

Press Room

General News

March 25, 2010 - MetLife Bank unveils new reverse mortgage pricing option that allows seniors ability to unlock more equity at a lower cost
October 6, 2009 - MetLife Home Loans offers common-sense advice for first-time homebuyers
June 22, 2009 - Free Reverse Mortgages Essentials guide from MetLife Mature Market Institute helps consumers make informed decisions about tapping home equity in retirement
March 25, 2009 - Six questions to ask when considering reverse mortgages
June 4, 2008 - MetLife Bank to acquire selected assets of First Tennessee Bank N.A.
May 30, 2008 - MetLife Bank completes acquisition of EverBank Reverse Mortgage LLC
April 3, 2008 - MetLife and EverBank sign agreement to purchase EverBank Reverse Mortgage LLC
April 3, 2007 - Saving for the future is easier than you may think
March 6, 2007 - Is it too late to refinance your mortgage?
February 7, 2007 - Focusing on finances in 2007?
December 5, 2006 - MetLife Bank to provide identity theft resolution at no cost to all its depositors
October 3, 2006 - MetLife Bank offers free tips and free materials to help women plan for retirement

Media Contacts

David Hammarstrom, Director - Public Relations
401-827-2273
dhammarstrom@metlife.com

Ted Mitchell
401-827-3236
tjmitchell@metlife.com

Investor Relations

MetLife Bank is a subsidiary of MetLife, Inc.(NYSE: MET). Click here for more information about MetLife, Inc., stock quotes, earnings releases, financial data and more. Investments, annuities and mutual funds are not FDIC insured, are not deposits or other obligations and are not guaranteed by MetLife Bank and may be subject to investment risk including the possible loss of principal invested.

Privacy and Security

Learn more about the free identity theft resolution services† we provide to our deposit customers, and other things MetLife Bank is doing to protect its customers.

Contact Us

Questions? Email us or call 1-866-BankMet (1-866-226-5638).

*American Banker, September 16, 2009, "Bank and Thrift Holding Companies With the Most Deposits." **FDIC insurance up to $250,000 per ownership category, effective through December 31, 2013. After this date FDIC insurance will return to up to $100,000 per depositor for all account categories except Traditional and Roth IRAs (and other certain retirement accounts), which will remain at $250,000 per depositor. †Identity theft resolution services provided by Identity Theft 911®.
All loans subject to property approval. Certain conditions and fees apply. Deposit products and services provided by MetLife Bank N.A., Member FDIC. Mortgage financing provided by MetLife Home Loans, a Division of MetLife Bank, N.A. Equal Housing Lender.

MetLife Bank FAQs

What is a direct bank?

A direct bank like MetLife Bank operates online, as well as by phone and mail. It generally has only a few branches available to its customers. And it typically offers better rates than a traditional bank because it does not incur the overhead costs necessary to maintain a network of branches.

At MetLife Bank you have easy access to your money. You can open accounts, transfer funds and apply for mortgages at metlifebank.com or by phone. And even though we're an online bank, you can always speak personally with a Banking Advisor by calling 1-866-BankMet (1-866-226-5638) 1-866-BankMet (1-866-226-5638). You can also mail applications and deposits to our mailing address. We also have a few branch locations.

To protect the privacy of your information when you bank online, we use the latest technologies available. View our privacy policy.

How do I know MetLife Bank is sound and stable?

MetLife Bank is part of the MetLife family of companies, and MetLife is a company people have relied on for over 140 years. MetLife Bank has been serving customers since 2001, and we now have more than 100,000 customers. You can also count on MetLife Bank because your money is FDIC-insured, just like traditional banks.

What products do you offer?

MetLife Bank offers FDIC-insured savings products such as savings accounts, Money Market Accounts, Certificates of Deposit (CDs) and Individual Retirement Accounts (IRAs). We also provide reverse mortgages and home financing solutions, including first mortgages and refinancing.

View all MetLife Bank FAQs