Banking Rates & News

Odessa Metro Area

Including Midland, Odessa, Big Spring, Andrews, Monahans, Pecos, Fort Stockton, Alpine, Crane, Kermit, and 11 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 Everyday Checking $100 Offer
$100 offer expires 09/01/2016. Requirements: Open an Everyday Checking account with a $25 minimum deposit. Make 10 debit card purchases/payments within 60 days. Offer Link Offer details courtesy of
$400 Checking Bonus After 120 Days, Through 8/31/16
30 Days of $15K; then reduce to $10K while awaiting $400 reward; then downgrade to $1,500 min account -- for another month -- to avoid closing fee hassles. Details /Analysis
13 Month CD 1.35%
Rate is good for clients in Non-BBVA footprint states in the continental United States. CD accounts subject to approval. $500 minimum opening deposit required to earn Annual Percentage Yield. Substantial
13 Month CD Rate At Branch
The rate for in branch 13 month CD is 1.15%
I recently opened a 2% cash back credit card with CITI. I put my Comcast, electric bill, heating bill, and car, house, personal liability and other insurance on this card along