Banking Rates & News

Philadelphia Area

Including Philadelphia, Wilmington, Allentown, West Chester, Bethlehem, Reading, Doylestown, Trenton, Cherry Hill, Newark, and 409 other towns.

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Banking in the Philadelphia Area

Philadelphia is Pennsylvania’s largest city and has a vibrant banking industry and a large economy; it is also home to seven Fortune 1000 companies. The historical city was founded in 1682 by William Penn and is now home to over 1.5 million people. It boasts many museums and cultural institutions, as well as 67 national landmarks, including Independence Hall.

Nestled within Philadelphia are the headquarters of more than 125 banks and 190 credit unions. The city's oldest remaining bank is PNC Bank, which was originally established in 1804. Some of the other notable banking institutions headquartered in the Philadelphia metropolitan area include Citizens Bank Of Pennsylvania, TD Bank, Chase Bank USA, National Association, and Sovereign Bank. The area boasts an enormous number of bank branches, around 3,850. These branches hail from more than 225 credit unions and 195 banks. The city is also home to The Federal Reserve Bank of Philadelphia, which helps to design and implement monetary policy and supervises both banks and bank holding companies.

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Local Deals & News

8 Month CD 2.86%
CD deal is available until 12/31/18. Minimum is $1K. https://www.andrewsfcu.org/personal/checking-and-savings/share-certificates.html
Earn Up To $600 When Opening A Checking And Savings Acct.
I went to check on my Citi credit card this morning and this was on my page. They have 3 different deals you can do. Deposit from $5,000 to $50,000
CD Rate Increase
Barclays increased some of their CD rates this week. 12 mo and 18 mo are now 2.65 (2.55) 24 mo is 2.70 (2.60) 36 mo is 2.75 (2.65) 48 mo
Sharon Bank (PA) Offers 39-Month Promo CD, 3.50% APY
Deal Summary: 39-month Promotional CD, 3.50% APY, $5k minimum deposit Availability: Market area includes Delaware County and the Philadelphia metro area. Sharon Bank is currently offering a series of four
Navy Federal Debuts 40-month IRA Certificate Special, 3.75% APY
Deal Summary: 40-month IRA/ESA Certificate Specials, 3.75% APY), $50 min/$150k max deposit, unlimited additional deposits. Availability: Nationwide, but with membership requirements (military relationship) Navy Federal Credit Union (Navy Fed) has
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