Banking Rates & News

Lexington Metro Area

Including Lexington, Richmond, Frankfort, Somerset, Nicholasville, London, Georgetown, Danville, Corbin, Winchester, and 62 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

22-Month Certificate Special, 2.35% APY
$500 minimum deposit to open the 22-month Certificate Special (2.35% APY).
Indexed Money Market, 2.02% APY, $1M+
If you aren't sure where to put that extra $1 million, Altra FCU's Indexed Money Market is earning 2.02% APY. https://www.altra.org/services/rates/savings-money-market-rates "The annual dividend yield (APY) will be an indexed
UKFCU Holiday CD Promo
Saw this on the UKFCU website tonight. Very competitive CD rates, especially for a local bank. Note the checking w/DD requirement. *************************** Just in time for the Holidays! We are
MemoryBank's EarnMore Checking Now Earns Ongoing 1.50% APY
Deal Summary: EarnMore Account (checking), 1.50% APY on balances up to $250k. Availability: Nationwide At the beginning of the year, I wrote about MemoryBank, Republic Bank & Trust Company’s (Republic
14-Month CD Special 1.55% APY, 23-Month CD Special 1.90% APY
The credit union we all love to hate has raised the rates on its CD Specials: 14-month, 1.55% APY 23-month, 1.90% APY
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