Banking Rates & News

Bakersfield Area

Including Arvin, Bakersfield, Delano, Frazier Park, Kernville, Lake Isabella, Lamont, Shafter, Taft, Tehachapi, 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

Wells Falsely Reports Customers Requested Loan Payment Deferrals..
NBCNews report...Could impact prior court agreements on post BK payment arrangements...and no notice!
Citibank Unresponsive
Citibank was promoting their Priority Accounts and a $700 bonus for depositing $50K within 30 days of opening. Applied on-line and 1 week later received 1 letter that checking account
Spectrum Credit Union Adds Rate Leading 13-Month Special CD
Deal Summary: 13-month Special Certificate, 2.10% APY, $500 minimum; 24-month Special Step-Up Certificate, 2.20% APY, one-time rate increase, $500 minimum. Availability: Easy membership requirement California-based Spectrum Credit Union (Spectrum) recently
Golden 1 Credit Union (CA) Adds 14-Month Jumbo CD Special
Deal Summary: 14-month Jumbo CD Special, 2.25% APY, $50k minimum, new money. Availability: All of California For a limited time, Golden 1 Credit Union (Golden 1) is offering a 14-month
Citi - Offers Cash Bonus For New Checking/Savings Accounts
Offer 1/1 to 3/31/2020 Cash bonus: $200, $400, $500, $700 or $1,500, depending on the Account Package you select.  (Scroll to the bottom for a table of the cash bonus
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