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User Rating: 3 out of 5 stars (2 ratings)

Johnson Bank

555 Main St, #100, Racine, WI 53403 Get directions Cross Streets: Between Sam Johnson Pkwy and 5th St
42.727432 -87.782723

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Categories:Real Estate Financing, Other Real Estate, Banks

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Recent Reviews 1-2 of 2 Write a review
  1. User Rating: 1 out of 5 stars
    Nothing but problems with Johnson!!! STAY AWAY if you are smart. My experience? Starting out, our HELOC loan had disability insurance premium which we were charged $300 per month (more than the interest itself) and overcharges that took months to get resolved. As rates lowered this year, they had a lag time of 6-8 weeks to implement UNTIL they started to go back UP... Then, as a "favor" to us, they send a letter saying they would start changing the rate the VERY NEXT DAY (HOW CONVENIENT!). They 'nickled and dimed' us on fees for our construction loan - all capped off by the "oh by the way now you have to pay a 1/4 point to FreddieMac" simply to convert to a fixed rate mortgage.
    As for customer service, we almost never got to speak to our loan counselor directly - He was TOO BUSY - instead constantly getting put to voice mail.
    I took my loans and business to Educator's Credit Union, where I now get better rates and fabulous customer service.
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  2. User Rating: 5 out of 5 stars
    by (Boots)
    07/20/2006
    I'm so happy: It is wonderful, I am a new customer and they really treat you wonderful and take time with you....
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Reviews 1-2 of 2

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Racine City Guide > Legal & Financial Services > Financing > Real Estate > Johnson Bank