Banking Rates & News

Gainesville Area

Including Gainesville, Alachua, Newberry, Trenton, Chiefland, Cross City, Williston, High Springs, Micanopy, Hawthorne, and 7 other towns.

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Banking in the Gainesville Area

Gainesville is a city in the central part of Florida. It is home to the University of Florida, which is one of the 10 largest universities in the U.S. Gainesville has a city population of about 127,000 people, with a metro population of about 335,000. Other notable cities in the Gainesville region include Alachua, Newberry, High Springs, Chiefland, Cross City, Trenton, Bronson, Hawthorne and Williston.

Because Gainesville's economy is largely dependent on the university and a major hospital system in the city, it has a very small banking industry for a city its size. There are only three banks and six credit unions with their headquarters in the Gainesville area. Notable institutions that have their headquarters in Gainesville or the surrounding area include CAMPUS USA Credit Union, Florida Credit Union, Merchants & Southern Bank, Drummond Community Bank and Sunstate Federal Credit Union. The oldest institution headquartered in Gainesville that is still operating is CAMPUS USA Credit Union, which was established in 1935. Overall, there are more than 20 banks and eight credit unions operating in the Gainesville region, with a total of about 120 branches.

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Local Deals & News

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
2.10% APY 21-Month CD Special In FL - CAMPUS USA Credit Union
Ad in today’s Tallahassee Democrat 2.10% APY 21-Month CD Special $25,000 minimum deposit 1.56% APY 13-Month CD Special $5,000 minimum deposit
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
Florida Credit Union Ups 15-Month CD Special Rate
Deal Summary: 15-month CD Special, 2.00% APY, $5k minimum Availability: 30 counties in North and Central Florida Florida Credit Union (FCU) raised the rate on its 15-month CD Special (2.00%
Florida Credit Union Ups 37-Month CD Special
Deal Summary: 37-month CD Special, 2.25% APY, $5k minimum Availability: 30 counties in North and Central Florida Over the weekend, Florida Credit Union (FCU) raised the rate on its 37-month
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