Banking Rates & News

Dothan Metro Area

Including Abbeville, Ashford, Blakely, Cedar Springs, Columbia, Cottonwood, Daleville, Dothan, 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

Wells Fargo Bank Has $300 Bonus For New Checking Customers
Deal Summary: $300 bonus for new checking customer. Availability: Nationwide Now through March 31, 2022, Wells Fargo Bank (Wells Fargo) is offering a $300 bonus when opening a new checking
5-Year Rising Rate CD, 1.50% APY (Blended)
This is being advertised as a Black Friday Special, but nothing is mentioned about when it ends. The 5-year Rising Rate CD has a blended rate of 1.50% APY. Year
$300 Checking Bonus
Wells Fargo has a new $300 checking bonus, which is targeted. (I received it in the mail today.) Can be done online or in-branch. 1. You must use your bonus
Navy Fed's 12-mo 3% EasyStart CD requires Direct Deposit
Certificate has a great rate, although limited to $3,000 But here's the big GOTCHA (and likely deal breaker):
Regions Bank Up To $200 Checking Bonus
Offer valid in Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, South Carolina, Tennessee, and Texas. Here's how to earn up to a $200 bonus:
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