Banking Rates & News

Lexington Metro Area

Including Annville, Barbourville, Beattyville, Berea, Booneville, Brodhead, Burnside, Campton, Carlisle, Clay City, and 60 other towns.

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Banking in the Lexington Area

Lexington, known as the Horse Capital of the World, is the second-most populated city in Kentucky, behind Louisville. The city ranks tenth across all cities in the United States by rate of college education, with close to 40% of the city's population holding at least a bachelor's degree.

Other cities in the Lexington area include Richmond, Frankfort, Somerset, London, Nicholasville, Corbin, Georgetown, Winchester, and Berea. The oldest active bank in the area is Farmers Bank & Capital Trust Company, established in 1850. There are approximately 580 branches from more than 90 banks and 20 credit unions. Of those, 62 banks and 13 credit unions are headquartered in the area.

Notable financial institutions headquartered in the Lexington area include Central Bank & Trust Co., Whitaker Bank, Traditional Bank, Inc., Commonwealth CU (KY), Forcht Bank, and National Association. Forcht Group, which operates Forcht Bank, is a holding company that employs more than 2,100 people across Kentucky. Other finance-oriented businesses operated by Forcht in Lexington include First Corbin Bancorp, Kentucky National Insurance Company, and BSC, a bank data services company.

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Local Deals & News

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
PNC 2.47% (2.50% APY) 13 Month CD - Ex-BBVA Locations
This is a "special" CD in select markets (mostly BBVA ones from my search). Not available in the online market, although High Yield Savings is now at 2.18% (2.20% APY).
PNC High Yield Savings At 1.80%
For customers outside of their in person branch footprint (which includes former BBVA territory) and those who were grandfathered in, like myself. Virtual Wallet is also at 1.80% although for
5 Percent Cds, I Think 2 Possible Durations One Of Which Is 4 Years, But You Have To Be Active In Certain Counties
https://www.depositaccounts.com/banks/commonwealth-cu-ky.html#overview I found it on deposit accounts, sorting by 100k and 4 year. If one credit union has 5 percent, I think others will get there.
Abound Credit Union Raises 26-Month CD Special Rate
Deal Summary: 26-month CD Special, 2.75% APY, $500 minimum deposit. Availability: Easy membership requirement In February, Kentucky-based Abound Credit Union (Abound CU) added a competitive 26-month CD Special, which now
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