Banking Rates & News

Greensboro Area

Including Greensboro, Winston Salem, Burlington, High Point, Lexington, Winston-Salem, Kernersville, Asheboro, Reidsville, Mount Airy, and 55 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

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
Hometrust Bank Everywhere Connect Checking Pays $5 Per Month
Instead of a high interest rate, HomeTrust Bank rewards checking customers with a $5 cash payment each month Everywhere Connect checking account offers: * $5 cash reward for 10 or
Wells Fargo Offers Easy $250 Checking Bonus
UPDATE 3/18/2017: Offer extended through April 1, 2017. The fine print on the promotion page now reads, "This is an exclusive, nontransferable offer. This is only available to Wells Fargo
Self-Help FCU (Easy Membership) Raises Money Market APYs
Availability: Easy membership requirement Earlier this week, Self-Help Federal Credit Union (Self-Help FCU) raised the rate on its Money Market account (1.03% APY, $500+; 1.13% APY, $500k+). The minimum opening
Latino Credit Union (Easy Membership) Hikes 48-month CD
Availability: Easy Membership Requirement through the Latino Community Development Center. Last week, Latino Credit Union (Latino CU) raised the rate on its 48-month Share Term Certificate (STC) to 2.00% APY.
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