Kinsmith Finance Method: Building Financial Freedom

Kinsmith Finance was founded in 1975 with the goal of providing personalized financial services to communities across the country. Over the past 50 years, Kinsmith has grown from a local bank to a leading national financial institution, while staying true to its core values of integrity, innovation and customer service.

Kinsmith offers a full range of banking, lending, investment and insurance products tailored to meet the needs of personal and business customers. Its banking services include checking and savings accounts, debit/ATM cards, online and mobile banking. Kinsmith’s lending options include auto loans, mortgages, personal loans, credit cards and business financing. The company also provides wealth management and retirement planning services, as well as various insurance products.

At the heart of Kinsmith’s mission is a commitment to helping customers achieve their financial goals through personalized advice and solutions. Kinsmith prides itself on getting to know each customer as an individual. Its financial advisors take the time to understand every client’s unique needs and circumstances when making recommendations. This person-centered approach has been central to Kinsmith’s success over the decades.

Kinsmith operates over 500 branches across 30 states and serves over 5 million customers. As the company has grown, it has never lost sight of its small-town roots. Kinsmith is known for its community banking feel and local decision making at each of its locations. The company reinvests 10% of its profits back into the communities it serves through charitable partnerships and volunteering initiatives.

Kinsmith’s Approach to Personal Finance

Kinsmith takes a holistic approach to managing personal finances, with the goal of empowering customers to achieve financial stability and build wealth over time. Our philosophy centers around a few core principles:

Live within your means. This starts with creating a realistic budget that accounts for your income, fixed expenses like housing, and variable costs like food and entertainment. Identify areas where you can cut back to free up more cash flow. Kinsmith’s budgeting tools can help analyze spending and set savings goals.

Pay off high interest debt. Carrying a credit card or loan balance results in money wasted on interest payments. Make a debt payoff plan to eliminate high rate debt through balance transfers, consolidation loans, accelerated payments or debt snowball method.

Build an emergency fund. Having 3-6 months of living expenses set aside provides a buffer for unexpected costs like medical bills or car repairs. Kinsmith has high yield savings accounts to stash your emergency cash.

Save for retirement. Start contributing early to retirement accounts like 401(k)s and IRAs to take advantage of decades of potential compound growth. Kinsmith’s retirement planning specialists can help optimize your investment strategy.

Invest wisely. Carefully manage investment risks and returns to steadily build wealth over time. Diversify your assets across stocks, bonds and other alternatives suited to your risk tolerance. Kinsmith offers personalized investment management services.

Protect your assets. Insure against risks that could derail your financial stability through policies like health, life, disability and property insurance. Kinsmith insurance advisors can evaluate your coverage needs.

Continually learn and improve. Stay up to date on financial topics through Kinsmith’s financial education resources. Revisit your budget, debt, savings and investment plans regularly to optimize your finances as life circumstances change.

Kinsmith’s Banking Products

Kinsmith Finance offers a wide range of banking products to meet the needs of personal and business customers.

Types of Accounts

For personal banking, Kinsmith offers checking, savings, money market, and certificate of deposit (CD) accounts.

Checking accounts include options like:

  • Basic Checking – A simple, low-cost account with no minimum balance and a monthly maintenance fee.

  • Interest Checking – Earns interest on balances over $500 and has no monthly fee with direct deposit.

  • Rewards Checking – Unlimited fee rebates on ATM fees worldwide and earns a high interest rate on balances over $1,000 when debit card transactions and other requirements are met.

Savings accounts include a basic savings account with no minimum balance that earns interest, as well as a high-yield savings account that offers a very competitive interest rate for larger deposits.

Money market accounts earn interest like a savings account but allow check-writing and ATM access like a checking account. Minimum balances start at $1,000.

CDs allow customers to invest money for a set period of time, ranging from 3 months to 5 years, at a guaranteed fixed interest rate. Minimum deposits for CDs start at $1,000.

For business banking, Kinsmith offers a range of checking and savings accounts designed for different business needs, including options for non-profit organizations.

Features and Benefits

Key features of Kinsmith’s bank accounts include:

  • Access to over 55,000 free ATMs nationwide
  • Online and mobile banking with bill pay
  • Visa debit cards with EMV chip technology
  • FDIC insurance protecting deposits up to $250,000
  • No foreign transaction fees on debit cards

Benefits include earning interest on checking and savings balances, fraud protection, convenience of mobile deposits, and access to cash from any ATM.

Rates and Fees

Kinsmith offers very competitive interest rates on its deposit accounts. Rates on savings and CDs tend to be among the highest nationwide.

Checking accounts have monthly maintenance fees ranging from $0 to $25, depending on the account type. Fees can be avoided by maintaining a minimum balance or signing up for direct deposit.

ATM fees are rebated worldwide when minimum balances are maintained on certain accounts. Most accounts include unlimited domestic ATM fee rebates.

There are no hidden fees and all rates and terms are clearly disclosed. Kinsmith aims to provide an exceptional banking experience with value and transparency.

Kinsmith’s Lending Products

Kinsmith Finance offers a variety of lending products to meet the needs of consumers and businesses.

Mortgage Loans

Kinsmith offers competitive mortgage rates and flexible loan terms for purchasing a home or refinancing an existing mortgage. Options include fixed and adjustable rate mortgages, FHA and VA loans, jumbo loans, and more. The bank’s mortgage specialists can guide customers through the home buying process from application to closing.

Personal Loans

Kinsmith provides personal loans with fixed rates and terms from 12 to 60 months. Borrowers can use personal loans to consolidate high-interest debt, finance major purchases, cover medical expenses, and more. Qualification is based on creditworthiness and ability to repay.

Auto Loans

Customers can get pre-approved for an auto loan before shopping for a new or used car. Kinsmith offers competitive interest rates and flexible terms on auto loans, plus no application fees. Auto refinancing is also available to potentially lower monthly payments.

Business Loans

Kinsmith provides commercial real estate loans, lines of credit, equipment financing, and SBA loans to help businesses launch, operate, and expand. Business bankers work closely with customers to understand their needs and structure the right financing.

Credit Cards

Kinsmith’s credit card options include rewards cards for travel, cash back, balance transfers, and more. Customers can manage accounts and redeem rewards points online or via the Kinsmith mobile app.

Kinsmith’s Investment Products

Kinsmith offers a wide variety of investment products to meet the needs of individuals and businesses. Here are some of the key offerings:

Investment Accounts

Kinsmith provides brokerage accounts, managed accounts, and retirement accounts to help customers invest for different goals. This includes:

  • Taxable brokerage accounts – for non-retirement investing
  • Managed accounts – where Kinsmith financial advisors manage your investments
  • IRAs – Traditional and Roth IRAs to save for retirement
  • 401(k)s – for businesses to offer retirement plans to employees

You can open these accounts online or at a local branch and then manage them via Kinsmith’s website and mobile apps.

Stocks, Bonds, Mutual Funds

Kinsmith offers the ability to invest in stocks, bonds, ETFs, mutual funds, and more through their brokerage and managed accounts. This provides exposure to a wide range of asset classes.

Key offerings include:

  • Thousands of stocks and ETFs covering US and international markets that can be traded commission-free
  • Bond funds and CDs providing fixed income exposure
  • Mutual funds managed by top fund companies
  • Socially responsible investment options

Retirement Accounts

In addition to IRAs, Kinsmith provides 401(k) plans for businesses. This includes services like:

  • 401(k) set up, administration and compliance
  • Investment selection and monitoring
  • Employee education and communication

For individuals, they offer IRA rollovers, beneficiary IRAs, Roth conversions and more. Their financial advisors can provide retirement planning and advice.

Investment Philosophy

Kinsmith aims to help customers build long-term wealth through investing. Their philosophy includes:

  • Focus on low-cost index funds for broad market exposure
  • Offer actively managed funds to try to beat the market
  • Provide access to ESG/SRI funds for social impact
  • Support retirement investing with 401(k)s and IRAs
  • Supply tools to make investing easy for beginners
  • Offer advice and guidance from financial advisors

This philosophy allows clients to invest according to their values and goals.

Kinsmith’s Insurance Products

Kinsmith Finance offers a wide range of insurance policies to meet the needs of individuals and businesses. Some of the key insurance products include:

Car Insurance

Kinsmith offers competitive car insurance rates and coverage options. Drivers can choose from basic liability coverage to protect other people and property, to more comprehensive plans that also cover damage to your own vehicle from collisions, theft, vandalism, weather, and more.

Policy options include collision, comprehensive, uninsured motorist, rental reimbursement, roadside assistance, and more. Discounts are available for good drivers, anti-theft devices, bundled policies, and more.

Home Insurance

Protect your home and possessions with Kinsmith’s home insurance. Policies cover damage from fire, storms, theft, water leaks, and more. Choose from different levels of coverage for your dwelling, other structures like garages, and personal belongings. Liability protection is included.

Optional add-ons include coverage for jewelry, collectibles, identity theft monitoring, sewer/drain backups, and more. Bundling home and auto policies together can save money.

Life Insurance

Kinsmith offers term life and whole life insurance policies. Term life provides affordable financial protection for your family for a set period of time, such as 10-30 years. Whole life builds cash value, lasts your entire life, and can be borrowed against.

Life insurance helps ensure your family is financially supported if you pass away. Kinsmith agents can help determine the right amount and type of coverage based on your needs and budget.

Health Insurance

Kinsmith provides health insurance for individuals and families, as well as group plans for businesses. Plans comply with Affordable Care Act regulations and cover essential health benefits. Choose from HMO, PPO, and HDHP options.

Health insurance helps pay for doctor visits, hospital care, prescriptions, and more. Kinsmith plans include free preventive care and discounts on vision, dental, and prescription drugs. Financial assistance is available based on income.

Business Insurance

Protect your company with Kinsmith’s business insurance options. General liability insurance covers bodily injury, property damage, and personal injury claims. Professional liability protects against claims of negligence or failure to perform professional duties.

Other business policies include commercial property insurance, commercial auto insurance, workers compensation, cyber insurance, and more. Kinsmith agents can assess your risks and recommend the right insurance coverage.

Kinsmith’s Business Banking Services

Kinsmith Finance offers a comprehensive suite of banking services tailored to businesses of all sizes. Whether you’re a sole proprietor, startup, or an established corporation, Kinsmith has the accounts, loans, and tools your business needs to manage finances and achieve growth.

Business Accounts

Kinsmith offers several account options for businesses to handle daily banking and transactions:

  • Business Checking – An easy-to-use account with unlimited transactions.
  • Business Money Market – Earns interest while still offering check-writing abilities.
  • Business Savings – Specifically for businesses to earn interest on excess funds.

Business accounts come with Visa debit cards, online banking, mobile deposits, and integrated accounting software compatibility.

Business Lending

Financing is key for any growing business. Kinsmith provides tailored lending solutions including:

  • Term Loans – Fund large expenses or operating capital.
  • Lines of Credit – Flexible borrowing for working capital needs.
  • Equipment Financing – Affordable funding for new equipment.
  • Commercial Real Estate Loans – For purchasing or refinancing office buildings and warehouses.

Cash Management

Kinsmith offers robust cash management services to optimize business cash flow:

  • ACH Payments – Automated Clearing House for direct deposits and vendor payments.
  • Wire Transfers – Fast domestic and international transfers.
  • Merchant Services – Accept payments and process credit cards.
  • Remote Deposit – Scan checks for easy mobile deposits.
  • Payroll Services – We can handle payroll processing and tax filings.

With Kinsmith’s online and mobile banking, businesses can manage accounts, view balances, transfer funds, and make deposits anytime, anywhere. Backed by dedicated support teams, Kinsmith delivers banking solutions to help businesses reach their financial goals.

Kinsmith’s Online and Mobile Banking

Kinsmith offers state-of-the-art digital banking through its online banking platform and mobile app. Customers can conveniently manage their finances anytime, anywhere from their computer or mobile device.

Kinsmith’s online banking platform allows customers to securely check balances, transfer funds, pay bills, set up alerts and more. The intuitive interface makes it easy for customers to find what they need and complete transactions with just a few clicks. Useful tools like spending trackers and budgeting calculators help customers stay on top of their finances.

The Kinsmith mobile app brings the full capabilities of online banking to your smartphone or tablet. Customers can deposit checks, transfer money, manage cards and pay bills on the go. Biometric login like fingerprint or face recognition provides an extra layer of security. Real-time notifications alert customers about account activity so they can stay informed about their money.

Kinsmith prioritizes customer security and convenience in its digital banking services. By leveraging the latest technology, Kinsmith gives customers control over their finances anytime, anywhere through a seamless digital experience across platforms. With user-friendly design and robust features, Kinsmith’s online and mobile banking make managing money simple and secure.

Kinsmith’s Customer Service

Kinsmith Finance prides itself on providing exceptional customer service through a variety of channels. Customers can access support in the way that is most convenient for them.

Call Centers

Kinsmith operates call centers 24/7 to handle customer inquiries and issues. Customers can call toll-free to speak to a live agent at any time. The call centers are staffed with knowledgeable representatives who can assist with most banking needs. Calls are recorded for quality assurance.

Online Chat

For quick assistance, customers can chat live with an agent through Kinsmith’s website and mobile app. The chat function is available during extended business hours for immediate answers to simple questions. Transcripts are saved for future reference.


Kinsmith maintains local branches across the country. Customers can visit a branch in person and meet with a banker for personalized service with new accounts, loans, investments and more. Branch hours vary by location. Appointments are recommended for certain services.

Social Media

Kinsmith is active on all major social networks. Customers can tweet, post or message the bank through social channels. Social media teams monitor networks closely and respond promptly to questions and feedback. It’s a convenient way to reach the bank for basic inquiries.

The Future of Kinsmith Finance

Kinsmith Finance has seen tremendous growth over the past few years, especially as more customers adopt digital banking and finance tools. The company recently announced plans to expand into 10 new markets in the next 3 years, bringing their services to millions of additional customers.

Kinsmith also unveiled a new suite of AI-powered digital banking features that will roll out to customers later this year. These tools will provide personalized insights, predictions, and recommendations to help customers better manage their finances. Early demos show the new features leveraging customer data to spot saving opportunities, alert users about unusual spending, and even provide custom investment ideas.

The company expects strong growth in their robo-advisor platform as more people seek affordable, automated investing. Kinsmith plans to enhance the robo-advisor’s capabilities while keeping costs low. They also intend to add more socially responsible and green investing options based on customer demand.

Experts predict Kinsmith’s growth will continue as they attract new customers with digital convenience and excellent customer service. Their focus on innovation and customer-centric products position them well for the future of finance. While new competitors will certainly emerge, Kinsmith’s dedication to their customers should help them maintain a leading position in the industry for years to come.

Leave a Comment