Banking Rates & News

Greensboro Area

Including Advance, Archdale, Asheboro, BERMUDA RUN, Biscoe, Boonville, Burlington, Clemmons, Danbury, Denton, and 52 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 Bank Joins The 4% Club
PNC High Yield Savings 3.93% comes to 4% APY
PNC High Yield Savings/Virtual Wallet At 4% APY
Great to see a big bank get to this level, even though it is only for people who opened their account in a state where PNC doesn't have branches. However,
Rate Increase - 3.50% APY High Yield Savings And Virtual Wallet Growth
Effective 11/17/2022, PNC raised their HYS and Virtual Wallet Growth rate to 3.45% (3.50% APY). This rate is valid for existing customers who opened outside of the PNC footprint as
PNC High Yield Savings At 3.20%
The high yield rate has gone up to 3.20% from 1.80%. Only available in states where PNC does not have branches, which has gotten bigger since they bought BBVA a
Latino Community Credit Union Ups Competitive Jumbo CD Rates
Deal Summary: Jumbo CDs, $200k minimum deposit – 12-month (1.95% APY), 18-month (2.10% APY), 24-month (2.60% APY), 36-month (2.80% APY), 48-month (2.85% APY), 60-month (2.90% APY). Availability: Easy membership requirement
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