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Phil DeMara
Regional Bank Product Manager
DE, MD, NJ, PA, WV
NMLS# 1899721
Phil DeMara is a Regional Product Manager who has been working with both TFS and TFSB for 15 years. He services Toyota dealership teams, consulting with them on loan and deposit products.
Phil has learned that a personal touch is what makes the difference as a personal banker. He uses his strong knowledge of the industry to make sure his clients feel positive and secure about their financial journey. Combined with Toyota’s commitment to quality and consistency, Phil is proud to build long-lasting relationships with his clients.
Combined with his time at Toyota, Phil has over two decades of experience in the automotive financial industry. Before to his current role, he earned a bachelor’s degree and worked throughout the industry in various positions, from collections to management.
In his free time, Phil enjoys the Philadelphia Eagles.
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HERE'S WHAT WE OFFER
* All Account Types: Minimum balance to earn interest: $0.01. Interest Rates and APYs are accurate as of the effective date of the Deposit Rate Sheet. See our APYs, Fees, Terms and Disclosures here. Fees could reduce earnings on these accounts. APYs and other fees and terms stated here may be subject to change without notice. Business Accounts are only available to Dealer Banking Customers. FDIC insurance available to legal limits. Deposit accounts opened at Toyota Financial Savings Bank and Lexus Financial Savings Bank do not receive separate FDIC Insurance coverage and will be combined for purposes of determining the maximum deposit insurance coverage for those deposit accounts. Products offered by Toyota Financial Savings Bank and Lexus Financial Savings Bank.
1. Money Market and Savings Accounts: Minimum opening deposit for a Personal Money Market and a Personal Savings Account is $500.00. Minimum opening deposit for a Business Money Market and a Business Savings Account is $2,500.00. Interest Rates and APYs on Money Market and Savings accounts may change after the account is open.
* All Account Types: Minimum balance to earn interest: $0.01. Interest Rates and APYs are accurate as of the effective date of the Deposit Rate Sheet. See our APYs, Fees, Terms and Disclosures here. Fees could reduce earnings on these accounts. APYs and other fees and terms stated here may be subject to change without notice. Business Accounts are only available to Dealer Banking Customers. FDIC insurance available to legal limits. Deposit accounts opened at Toyota Financial Savings Bank and Lexus Financial Savings Bank do not receive separate FDIC Insurance coverage and will be combined for purposes of determining the maximum deposit insurance coverage for those deposit accounts. Products offered by Toyota Financial Savings Bank and Lexus Financial Savings Bank.
2. Certificates of Deposit: Minimum opening deposit for a Certificate of Deposit account is $1.00. Interest Rates and APYs for Certificates of Deposits are fixed and are guaranteed for the length of the term. All Certificates of Deposits may be subject to an early withdrawal penalty. All Certificates of Deposit are automatically renewable.
* All Account Types: Minimum balance to earn interest: $0.01. Interest Rates and APYs are accurate as of the effective date of the Deposit Rate Sheet. See our APYs, Fees, Terms and Disclosures here. Fees could reduce earnings on these accounts. APYs and other fees and terms stated here may be subject to change without notice. Business Accounts are only available to Dealer Banking Customers. FDIC insurance available to legal limits. Deposit accounts opened at Toyota Financial Savings Bank and Lexus Financial Savings Bank do not receive separate FDIC Insurance coverage and will be combined for purposes of determining the maximum deposit insurance coverage for those deposit accounts. Products offered by Toyota Financial Savings Bank and Lexus Financial Savings Bank.
3. FDIC INSURANCE: Funds in your account(s) with us are insured by the Federal Deposit Insurance Corporation (FDIC) and backed by the full faith and credit of the United States. The amount of insurance coverage you have depends on the number of accounts you have with us that are of different “ownership” categories. Deposit accounts opened at Toyota Financial Savings Bank and Lexus Financial Savings Bank do not receive separate FDIC Insurance coverage and will be combined for purposes of determining the maximum deposit insurance coverage for those deposit accounts.
* All Account Types: Minimum balance to earn interest: $0.01. Interest Rates and APYs are accurate as of the Deposit Rate Sheet. See our APYs, Fees, Terms and Disclosure here. Fees could reduce earnings on these accounts. APYs and other fees and terms stated here may be subject to change without notice. Business Accounts are only available to Dealer Banking Customers. FDIC insurance available in legal limits. Deposit accounts opened at Toyota Financial Savings Bank and Lexus Financial Savings Bank do not receive seperate FDIC insurance coverage and will be combined for purposes of determining the maximum deposit insurance coverage for those deposit accounts. Products offered by Toyota Financial Savings Bank and Lexus Financial Savings Bank.
4. Upon completion of approved application and subject to eligibility requirements.