Banking Rates & News

Greensboro Area

Including Greensboro, Winston Salem, High Point, Burlington, Lexington, Kernersville, Asheboro, Winston-Salem, Reidsville, Mount Airy, and 53 other towns.

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Banking in the Greensboro Area

Greensboro is the third-largest city in North Carolina, with a population of about 280,000 residents. Greensboro's officially designated federal metropolitan area has about 725,000 people, but the larger region, including Winston-Salem, has about 1.6 million people. Other notable cities in the region include Burlington, High Point, Asheboro, Kernersville, Lexington, Mount Airy, Reidsville and Clemmons.

The financial sector is a major employer in the Greensboro region, with more than 18,000 people with financial-related jobs. It has been and remains a major banking center, although there are fewer banks headquartered in the region than there used to be. Currently, 13 banks, 21 credit unions call the Greensboro area home. Notable institutions whose headquarters remain in the region include BB&T, Bank of North Carolina, Yadkin Valley Bank and Trust Company, NewBridge Bank and CommunityOne Bank. BB&T, which is the most well-known bank in the region, is also the oldest one still operating, having been established in 1872. A large number of other banks have operations in the Greensboro area, and overall there are more than 40 banks and 30 credit unions with a total of about 640 branches in the region.

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Local Deals & News

PNC Hikes Rate On High Yield Savings Account
Deal Summary: PNC High Yield Savings, 2.35% APY on balances of $1 and above. Availability: Areas of U.S. outside of PNC’s branch footprint (based on zip code) Last month when
PNC At 2.35%
They raised their rate to 2.35% - it's on their web site (if you are in the targeted region).
Platinum Savings/Fixed Cds. Not Bad For A B&M National Bank
Wells Fargo enters the rate race (sorta). In todays Sun Sentinel, Wells Fargo is now offering their Platinum Savings account, minimum new money deposit of $25,000, with a minimum average
Wells Fargo 2-Yr. Brokered CD: 3.00%
new issue maturing Oct. 26, 2020, available at Vanguard
PNC Offers High Yield Savings Account
Deal Summary: PNC High Yield Savings, 2.20% APY on balances of $1 and above. Availability: Areas of U.S. outside of PNC’s branch footprint (based on zip code) PNC, the sixth
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