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

15 Month CD 2% APY
15-month CD - 2.00% $500 minimum balance And importantly; Can have one-time penalty-free withdrawal after 6 months for up to 50% of balance. CD must be funded with new money.
(Finally!) SFGI Bumps The APY On Its' Savings Account!
SFGI Savings account APY (was .51%) now at .71%
US Bank Checking Account Bonus Pays Up To $400
Deal Summary: $200 or $400 bonus when opening a new Silver, Gold, or Platinum Checking account. Available through June 13, 2022. Availability: Market area includes AR, AZ, CA, CO, FL,
Abound Credit Union Boosts 26-Month CD Special Rate
Deal Summary: 26-month CD Special, 1.40%, $500 minimum deposit. Availability: Easy membership requirement In February, Kentucky-based Abound Credit Union (Abound CU) added two competitive CD Specials – 17-month and 26-month.
Abound Credit Union Adds Competitive 17- and 26-Month CD Specials
Deal Summary: CD Specials – 17-month (1.15% APY) and 26-month (1.25%), $500 minimum deposit. Availability: Easy membership requirement Kentucky-based Abound Credit Union (Abound CU) added two competitive CD Specials to
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