Banking Rates & News

Bakersfield Area

Including Bakersfield, Delano, Tehachapi, Taft, Lake Isabella, Shafter, Lamont, Frazier Park, Wasco, Kernville, and other towns.

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Banking in the Bakersfield Area

The Bakersfield, California, area encompasses several major cities and towns. Along with Bakersfield itself, it includes Taft, Wasco, Shafter, Lake Isabella, Kernville, Frazier Park, and Tehachapi. The area has a population of nearly half a million people. Bakersfield's highly diversified economy's major components are oil, agriculture, and natural gas.

There are numerous option for banking in Bakersfield: local residents can choose from Mission Bank, Valley Republic Bank, Kern Federal Credit Union, Safe 1 Credit Union, and Kern Schools Federal Credit Union. Two banks and six credit union are headquartered in the Bakersfield area. Many people feel safest investing their money into a financial institution with a long history. In the Bakersfield area, the oldest active institution is the Chevron Valley Credit Union, which was established in 1935. Bakersfield has an impressive number of branches for its residents to choose from. An approximate total of 140 branches representing 24 banks and 16 credit unions exist in the area.

Bakersfield is one of the largest cities in California, and its large population of employed residents is reflected in the significant number of financial institutions who have chosen to establish themselves in the area.

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Local Deals & News

Zions Bank Offers Online Money Market In 41 States
Deal Summary: Online Money Market, 2.26% APY on balances of $25k+. Availability: Nationwide, except in Arizona, California, Colorado, Idaho, Nevada, Oregon, Texas, Utah, and Washington. Utah-based Zions Bank’s Online Money
2.25% APY Online Money Market
https://www.zionsbank.com/personal-banking/digital/online-money-market/ Offer not available to residents of Utah, Idaho, Arizona, California, Colorado, Nevada, and Texas. Please see website for complete details.
Union Bank Raises Rate On 18-23 Month CD
Deal Summary: 18-23 month CD, 2.90% APY, $10k min/$999,999.99 max deposit. Availability: Nationwide Last week, Union Bank raised the rate on its 18-23 month CD. Deposits between $10k and $999,999.99
Platinum Savings/Fixed Cds. Not Bad For A B&M National Bank
Wells Fargo enters the rate race (sorta). In todays Sun Sentinel, Wells Fargo is now offering their Platinum Savings account, minimum new money deposit of $25,000, with a minimum average
Wells Fargo 2-Yr. Brokered CD: 3.00%
new issue maturing Oct. 26, 2020, available at Vanguard
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