Banking Rates & News

Birmingham Area

Including Birmingham, Tuscaloosa, Hoover, Anniston, Cullman, Gadsden, Northport, Pelham, Jasper, Bessemer, and 101 other towns.

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Banking in the Birmingham Area

Birmingham is the largest and most populated city in the State of Alabama. Approximately one quarter of the state's entire population make their home within the city and its surrounding suburbs. This city is also the county seat of Jefferson County, and features the headquarters of the First Bank of Alabama. Founded in the year 1848, the First Bank of Alabama remains an active bank within the Birmingham metropolitan area.

The city has experienced a “rebirth” in the last decade, with condominiums, loft units and retail stores filling its downtown. To meet the financial demands of this rapidly expanding business district, the city can now boast of as many as 54 full service banks and 60 credit union based financial institutions. Everyday 780 branches of banks and credit unions regularly serve a wide range of customers. Examples of these include Regions Bank, Cadence Bank, BBVA Compass, ServisFirst Bank and the Apco Employees Credit Union.

Restaurants and cultural activities have also joined this downtown renaissance, making Birmingham one of the most diverse cities of the South. Visitors can take their pick of top hotels, fine dining and planned urban parks. Adding to its allure to tourists from around the globe, Birmingham has been chosen as the host of the 2021 World Games by the International World Game Executive Committee.

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Local Deals & News

Big Rate - 13-Month CD Special 2.35% APY - At Small Bank
First Community Bank of Cullman (located in northern Alabama) has a 13-month CD Special (2.35% APY). Anyone with an Alabama driver's license can open one, as long as they come
EvaBank (AL) Doubles 11-Month CD Special Rate
Deal Summary: 11-month CD Special, 2.30% APY, $1k minimum deposit Availability: Market area is Northern Alabama. EvaBank has doubled the rate on its 11-month CD Special (2.30% APY). Added to
APCO Increased Their Savings Account Rate To 1.51%, IRA Savings To 2.01%
They had been a rate leader for a few years and I was over the insured limit for a few years there. Then they lagged and now they caught up
BBVA Increases Promotional Money Market Rate To 1.40%
BBVA Compass Bank has increased the "New Customer" promotional rate on the Clear Choice Money Market Acct. Now 1.40%(Was 1.25%). New rate is guaranteed for 12 months and monthly fee
2- And 3-Year Brokered Cds
For those interested in possibly taking the plunge into brokered CDs, Wells Fargo has been offering some pretty good non-callable, new issue deals with 2- and 3-year maturities. Today on
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