Banking Rates & News

Orlando Metro Area

Including Orlando, Ocala, Winter Park, Kissimmee, Melbourne, Lake Mary, Clermont, Ormond Beach, Daytona Beach, Longwood, 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

GTE Financial Has Top CD Rates – Up to 2.78% - Nationally Available
Deal Summary: Share Certificate Specials – 6-month (1.56% APY), 12-month (1.76% APY), 18-month (2.32% APY), 24-month (2.48% APY), 30-month (2.78% APY), $100k minimum, new money required. APYs 25 bps lower
1.61% 13 Month CD Special In South Florida
Oct 1st Sun Sentinel ad 13 month CD at 1.61% APY (used to be 1.55% last month) Special Rate Offer available at 600 South Andrews Ave 954-767-9991 $10,000 minimum Funds
CD And MMA Specials In Florida - Axiom Bank
Ad in Sunday’s Orlando Sentinel CD Specials 1.45% APY 18-Month 1.10% APY 11-Month $500 minimum Money Market 0.90% APY $100,000 minimum opening deposit
1.66% APY 24-Month & 1.56% APY 14-Month CD - Florida Community Bank
Ad in Sunday’s Orlando Sentinel 1.66% APY promotional rate 24-Month Certificate of Deposit Minimum Deposit $10,000 of new funds 1.56% APY promotional rate 14-Month Certificate of Deposit Minimum Deposit $10,000
1.50% APY 12-Month CD In Florida
Received flyer from Seacoast Bank in the mail advertising this CD: Limited-Time Senior-Only Bonus Offer: Get a 12-month CD with a 1.50% APY Minimum $10,000 Seacoast Checking Account is required
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