Banking Rates & News

Dothan Metro Area

Including Dothan, Abbeville, Ashford, Blakely, Cedar Springs, Columbia, Cottonwood, Daleville, Elba, Enterprise, and 10 other towns.

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Banking in the Dothan Area

Located in the southeastern corner of Alabama, Dothan is only about 16 miles north of the Florida state line and 20 miles west of Georgia. An important commercial and transportation focal point for the area, Dothan is known as a major peanut processing center. With its strategic location, low property taxes and diverse economy, this pro-business metropolitan area is the site of several notable financial institutions.

Fifteen banks and three credit unions are headquartered in the Dothan area. The Army Aviation Center Federal Credit Union (AACFCU) was chartered in the 1960s to serve the financial needs of troops and their families stationed at nearby Fort Rucker. The member-owned financial institution now has more than 113,000 members globally and over 20 area-wide branches.

The area's oldest active bank, First State Bank of Blakely, is headquartered in nearby southwestern Georgia. Chartered in 1903, First State Bank now offers its customers a large range of online services through its NetTeller program. Also serving the area for over a century, MidSouth Bank is headquartered in Dothan. The bank was founded to serve the needs of local residents and businesses and continues to focus on its close relationship with its customers. Another financial institution that stresses its personal attention to its customers is Five Star Credit Union. Five Star Credit Union was originally chartered in Cedar Spring, Georgia, to serve the financial needs of employees of the Great Southern Paper Company, now known as Georgia-Pacific. Five Star relocated its headquarters to Dothan in 1997.

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Local Deals & News

Navyfed -- One Penalty-Free Withdrawal Discontinued for EasyStarts
It looks like NavyFed quietly got rid of their temporary "One Penalty Free Withdrawal" perk on their 18 month EasyStart Add-On CDs over the last few days. The rate's still
12 Month Easy Start Special CD
Anyone who wants to open this CD you will need to have a Checking Account and a Direct Deposit. You are limited to $3,000 in contributions for this CD but
18 Month Add On With No Penalty For One Withdrawal During The Term
NFCU is now offering a add on 18 Month Easy Start 4.70 APR with one penalty free withdrawal during the term. If you bank and maintain a Money Market Account,
I Got A $5.25% 6 Month CD Offer By Postcard. $10K Min.
Threw it out rather than saving it as its BELOW treasury rates. If anyone wants the code let me know before it gets buried in other trash.
Wells Fargo Executive Fired for Partying in Foreclosed Home
The Los Angeles Times  first reported earlier this month that a Wells Fargo senior vice president, Cheronda Guyton, responsible for foreclosed commercial properties, allegedly spent weekends enjoying a $12 million
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