Banking Rates & News

Orlando Metro Area

Including Orlando, Ocala, Winter Park, Kissimmee, Melbourne, Lake Mary, Sanford, Longwood, Clermont, Ormond Beach, and 72 other towns.

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Banking in the Orlando Area

Orlando is a city of about 255,000 people in Orange County (central Florida). However, the Orlando region is much larger, covering four counties and containing about 2.1 million people, making it the third-largest metro area in the state. Notable cities in the region include Ocala, Kissimmee, Winter Park, Melbourne, Clermont, Lake Mary, Ormond Beach, Sanford, and Longwood.

Though Orlando is known as a tourist mecca because of the presence of DisneyWorld and other theme parks in the area, it has a surprisingly diversified economy, with a significant banking presence.

There are more than 30 banks and 20 credit unions with headquarters in Orlando or the surrounding area. Notable institutions with headquarters in the region include Eastern Financial Florida Credit Union, Fairwinds Credit Union, Citizens First Bank, Central Florida Educators Federal Credit Union, and Reunion Bank of Florida. The First National Bank of Mount Dora, which was established in 1925, is the oldest financial institution still operating with headquarters in the area. There are a significant number of banks and credit unions with headquarters elsewhere that operate in the Orlando region, and overall, there are approximately 80 banks and 40 credit unions with a total of nearly 1,360 branches.

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Local Deals & News

1.42% 17-Month UP CD (Tied To Fed Rate) In Several Southern States
Saw this in Houston, but it looks available at all of Cadence Bank branches (AL, AR, FL, MS, TN and TX) 1.42% APY opening rate (rate will never go lower
15-Month CD Special (Up To 1.30% APY) In North & Central Florida
Vystar Credit Union promotional CD 15 month term $500 minimum 1.25% APY for CD’s $500 to $49,999.99 1.30% APY for CD’s $50,000 and up Available as a REGULAR or IRA
MIDFLORIDA CU Celebrates Merger With 2.50% APY 5-Year CD
Deal Summary: 5-Year Certificate Special, 2.50% APY, $10k minimum deposit Availability: Residents of 20 Central Florida Counties In celebration of its upcoming merger with Martin Federal Credit Union, MIDFLORIDA Credit
MIDFLORIDA CU: 2.50% 5-Year CD Special
To celebrate the merger of Martin FCU, MIDFLORIDA Credit Union is offering a special 5-year 2.50% APY Certificate. Minimum $10,000 Maximum $1,000,000 per member Also available as an IRA CD
$60 Checking Account Bonus In East Central Florida
Looks like an easy $60 bonus Requirements: 1 Join Community Credit Union of Florida 2 Open any personal checking account with at least a $25 opening deposit 3 Sign up
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