Banking Rates & News

Odessa Metro Area

Including Alpine, Andrews, Big Lake, Big Spring, Crane, Fort Davis, Fort Stockton, Garden City, Iraan, Kermit, and 12 other towns.

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Banking in the Odessa Area

Situated above the Permian Basin in Ector County, the city of Odessa is home to over 110,000 people. The City was founded in 1881 as a place to stop for water and to ship cattle along the Texas and Pacific Railway. The economy of Odessa is now driven primarily by the oil, rather than the cattle, industry. With hot summers and mild and dry winters, Odessa boasts an Indoor Football League team and an ice hockey team.

The first bank was established in Odessa in 1906. The city’s original bank was called The First National Bank of Stanton. The banking industry of Odessa has since grown dramatically to encompass more than 35 banks and 25 credit unions. These banks and credit unions boast nearly 210 branches. Eighteen of those banks and 24 of those credit unions maintain headquarters in the city. The five most notable banks headquartered in Odessa are West Texas National Bank, Community National Bank, First Capital Bank of Texas, Commercial State Bank, and Security Bank.

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Local Deals & News

Wells Fargo Leaps Ahead Of Brokered CD Competitors For Multiple Durations (2-Year 3.75%)
On Vanguard, here are Wells Fargo current non-callable Brokered CD offers as of 3:45pm Eastern, September 13 3.75% 2-year 3.70% 18-month 3.65% 12-month 3.60% 9-month 3.50% 6-month
No More Lollipops At Wells Fargo
Mrs. Rockies and I made a very rare trip inside our local brick and mortar Wells Fargo branch earlier today. We wanted to get some cash which required the teller
Frost Bank (TX) 12-Month CD Has New Rate-Leading APY
Deal Summary: CDs – 12-month, (1.20% APY), 24-month (1.84% APY), $100k minimum deposit Availability: 28 Texas counties It’s only been about three weeks since I last wrote about the Frost
15Mo. & 25 Mo.
For members of CU - 15 mo. Share CD 1.15% APY and 25 mo. Share CD 1.25% APY Step-up (can change one time if 24 mo. increases) - valid March
Frost Bank (TX) Has Rate-Leading 12-Month CD
Deal Summary: 12-month CD, 1.04% APY, $100k minimum deposit Availability: 28 Texas counties Frost Bank (Frost) is currently offering competitive rates on three short-term jumbo CDs: 180-day (0.64% APY), 12-month
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