Banking Rates & News

Gainesville Area

Including Gainesville, Alachua, Newberry, Trenton, Chiefland, Cross City, High Springs, Williston, Bell, Bronson, 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

Wells Fargo Long Term 3.00% Callable Step-Up CD Via TD Ameritrade
I frequently get notices of new issue callable CDs from TD Ameritrade. This one looks like a rate leader. My calculations indicate the blended rate over the entire term is
TD Bank Offers Online $150 and $300 Checking Bonuses
Deal Summary: $150 Convenience Checking bonus and $300 Premier Checking bonus. Availability: Checking bonuses are available only online to residents of CT, DC, DE, FL, ME, MD, MA, NH, NJ,
15-Month CD Special (Up To 1.30% APY) In North & Central Florida
Vystar Credit Union promotional CD 15 month term $500 minimum 1.25% APY for CD’s $500 to $49,999.99 1.30% APY for CD’s $50,000 and up Available as a REGULAR or IRA
Return Of The Promotional BBVA Compass ClearChoice Money Market Account
BBVA Compass is once again offering a promotional rate on its ClearChoice Money Market Account. Compared to past promos, the rate is lower and there is no guarantee period. 1.00%
TD Bank Has $50/$150/$300 Checking Bonuses and $100 Savings Bonus
Deal Summary: $50 Simple Checking bonus; $150 Convenience Checking bonus; $300 Premier Checking bonus; $100 Select Savings bonus. Availability: Checking bonuses are available only to residents of CT, DC, DE,
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