Radius Bank overview

With assets of approximately $1.3 billion, Radius Bank (formerly First Trade Union Bank) is an online bank which provides a full complement of accounts and services to meet the banking needs of consumers and business. Its digital banking platform allows clients to bank from anywhere with a computer or mobile device and provides convenient features such as check deposit, bill pay, card management, and a personal financial management dashboard.

In addition, Radius’ suite of open APIs deliver a robust banking-as-a-service platform for FinTechs to quickly access core banking features and build best-in-class financial solutions. Radius specialises in partnering with FinTechs to provide white-label deposit products, cards, digital on-boarding, and account management. 

In 2019 Radius expanded to offer life insurance policies through its partnership with insurtech Ladder. Personal banking customers can apply for cover both online and via mobile, and can receive quotes within minutes.

Radius Bank is a member of the Federal Deposit Insurance Corporation and is an Equal Housing/Equal Opportunity Lender.

Map showing the location of Radius Bank

Boston, United States

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Key people

Doreen D Heath Senior Vice President & Chief Administrative Officer
Michael A Butler Chief Executive Officer & President
Philip Peters Executive Creative Director & Chief Operating Officer
Diane Gallion Executive Vice President & Director of National Government
Grant Skeens EVP, Head of Government Guaranteed Lending
Louise Sorrentino VP, Acquisition
Alain Glanzman VP, Small Business Banking