Bank of Whittier RF Checking Accounts (AMANA Demand Deposit & Income Generating)

Halal Bank Accounts in Virginia

Riba-free checking from Bank of Whittier, N.A., the first faith-based banking provider in the United States and the only community-owned RF (Riba Free) national bank in America. Two tiers are offered: the AMANA Demand Deposit Checking account, a safekeeping account that is not invested, and the RF Income Generating Checking account, which invests balances in the bank's ethical RF financing activities and shares the resulting net income with the depositor instead of paying interest. Accounts are FDIC-insured, opened online from all 50 states, and come with online and mobile banking, a smartphone app, Zelle, and an ATM card accepted fee-free at Bank of America and Citibank machines.

Bank of Whittier is the answer to a question American Muslims have asked for decades: is there an actual bank, not a fintech or a window, that runs riba-free? It is FDIC-insured, OCC-supervised, community-owned since 1998, and it operates the LARIBA RF discipline across deposits and financing with annual Raqaba audits. The offset is scale and polish: rates are unpublished, the site is dated, and everything runs through two offices plus the internet. Its July 2026 acquisition by University Bancorp, the parent of UIF, is the story to watch: it promises capital and modernization for the only RF national bank in the country, under the same roof as the largest Islamic banking subsidiary in the US.