Banking Rates & News

Monroe Metro Area

Including Arkansas City, Bastrop, Bernice, Calhoun, Chatham, Choudrant, Columbia, Crossett, Crowville, Delhi, and 48 other towns.

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Banking in the Monroe Area

Monroe is a city of about 50,000 people in northern Louisiana, making it the eighth-largest city in the state. The wider Monroe area has about 200,000 people and includes the cities of West Monroe, Ruston, El Dorado, Bastrop, Farmerville, Jena, Oak Grove, Rayville, and Winnsboro. The city is largely known as a center of higher education, with three major universities in the area.

When it comes to banking, Monroe punches far above its weight. There are more than 35 banks and 15 credit unions with headquarters in the Monroe area. Notable institutions with headquarters in the region include Origin Bank, First Financial Bank, Ouachita Independent Bank, Progressive Bank, and Concordia Bank & Trust Company. The oldest institution with its headquarters in the region that is still operating today is Bank of Winnfield & Trust Company, which was established in 1901. Including other institutions operating in the area, there are more than 55 banks and 20 credit unions with a total of approximately 240 branches.

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Local Deals & News

Pelican Credit Union Rates Dropped
Email today stating rates changed today 60 mo now 4.50% APY
Pelican State Credit Union Competitive CDs Now Available Nationwide
Deal Summary: 60-month Share Certificate, 4.97% APY, $500 minimum deposit. Availability: Nationwide easy membership requirement Pelican State Credit Union (Pelican State) ended the week by adding 136 bps to its
Capital One BROKERED Non-Callable CDs Reach 5% For 5 Yr Term
Small increase from the recent 4.9% but we have finally reached the 5% level for 5 year, non-callable CDs. I see it at TD, so probably also available at other
Review of Capital One’s Savings Account Promotion
Deal Summary : Bonus amounts of $100, $500, and $1,000 when opening a new 360 Performance Saving account with deposits of at least $10k, $50k, and $100k of new money.
Major Rate Hikes of Capital One’s Savings Account and CDs
Deal Summary: 360 Performance Savings account, 3.00% APY; 12-month 360 CD, 4.00% APY, no minimum deposit Availability: Nationwide (online bank) Capital One made substantial rate increases this morning to its
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