Banking Rates & News

Orlando Metro Area

Including Orlando, Ocala, Winter Park, Kissimmee, Melbourne, Lake Mary, Clermont, Ormond Beach, Daytona Beach, Longwood, and 71 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

Wings Financial FCU Offering 15-Month CD, 1.60& APY -- Easy Membership
Wings Financial FCU is offering a 15-month CD at 1.60% APY through Dec. 31. Minimum deposit to get that rate is $90,000; the return is 1.55% APY for amounts of
1.60% APY 15-Month CD Special - Florida Community Bank
Ad in Wednesday’s Orlando Sentinel 1.60% APY Promo Rate 15-Month CD Minimum Deposit $10,000 of new funds Or bring in an ad and they’ll match the rate (excludes ads from
MIDFLORIDA Credit Union Adds Limited-Time 5-Year CD
UPDATE 11/21/17: The 5-year Lifestyle Certificate rate has fallen to 2.50% APY. All other features are the same. This is according to a MIDFLORIDA representative. UPDATE 11/10/17: I've received new
GTE promotional add-on CDs end Friday, Oct. 27
 https://www.gtefinancial.org/for-members/current-offers/share-certificate-special
$200 Checking Bonus - MIDFLORIDA
Get $200 cash when you open a new Free Checking account (with direct deposit) and get approved for a loan or credit card. https://www.midflorida.com/accounts/checking-accounts-florida/200-free-checking
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