Banking Rates & News

Montgomery Area

Including Montgomery, Prattville, Selma, Greenville, Wetumpka, Troy, Andalusia, Millbrook, Alexander City, Demopolis, and 28 other towns.

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Banking in the Montgomery Area

Located in the heart of central Alabama, Montgomery is the state capital, and rich with history and culture. Voted Best Historic City by USA Today and Top City for Job Growth in 2014, it is no wonder that so many businesses thrive there.

Twenty-one banks are headquartered in Montgomery, including notables such as MAX Credit Union, River Bank and Trust, CCB Community Bank, First Community Bank of Central Alabama and Troy Bank and Trust. There are approximately two hundred and seventy bank branches located in the metropolitan area, including several banks based outside of Alabama. Among them are Wells Fargo and Synovus.

The oldest active bank in Montgomery is Robertson Banking Company. Founded in 1870, it operated under the name of its founders, Daniel F. Prout and John R. Robertson, until their deaths in 1903. It was then renamed the Robertson Banking Company and still is in operation today, with multiple branches spread across central and western Alabama.

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Local Deals & News

APCO Increased Their Savings Account Rate To 1.51%, IRA Savings To 2.01%
They had been a rate leader for a few years and I was over the insured limit for a few years there. Then they lagged and now they caught up
BBVA Increases Promotional Money Market Rate To 1.40%
BBVA Compass Bank has increased the "New Customer" promotional rate on the Clear Choice Money Market Acct. Now 1.40%(Was 1.25%). New rate is guaranteed for 12 months and monthly fee
2- And 3-Year Brokered Cds
For those interested in possibly taking the plunge into brokered CDs, Wells Fargo has been offering some pretty good non-callable, new issue deals with 2- and 3-year maturities. Today on
Navy Federal - CD Interest May / Will Not Be Paid If We Lose Money
There is a lot of interesting language in disclosure statements, particularly with credit unions. Many banks and credit unions contain language that they "may" allow withdrawals, and US Alliance reserves
Navy Fed Offers New Special Certificates
Deal Summary: 2.25% APY 15-month add-on CD, Maximum deposit $50k. 2.75% APY 32-month add-on IRA CD, Maximum deposit $250k. Availability: Requires a connection to the military. Navy Federal Credit Union
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