Banking Rates & News

Gainesville Area

Including Alachua, Archer, Bell, Bronson, Cedar Key, Chiefland, Cross City, Gainesville, Hawthorne, High Springs, and 6 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

PNC Financial Services Acquires BBVA USA
Got the attached email from BBVA USA this evening: "Dear Valued Client, Today it was announced tcat pending regulatory approval, BBVA USA will be acquired by PNC, a top 10
VyStar Credit Union (FL/GA) Has Competitive Long-Term CDs
Deal Summary: CDs – 60-month, 1.30% APY ($50k) and 1.20% APY ($500); 48-month, 1.20% APY ($50k) and 1.10% APY ($500). Availability: Residents of 49 North and Central Florida counties and
Upto $600 For 100K Deposit To Suntrust Advantage MMA
credit DoC I was idly looking and after encountering the TD bank offer, I saw this one... https://www.suntrust.com/lp/mma-offer "Take your savings to the next level and earn up to $600
The Usual(?) Upto $500 For New Customer Checking/Saving
https://checkingbonus.tdbank.com/Digital500A.html " Offer valid July 24, 2020 through September 18, 2020 and is available only when opening through a qualifying website. Checking offer is available to new personal checking Customers
Wells Falsely Reports Customers Requested Loan Payment Deferrals..
NBCNews report...Could impact prior court agreements on post BK payment arrangements...and no notice!
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