Banking Rates & News

Philadelphia Area

Including Philadelphia, Wilmington, Allentown, West Chester, Reading, Bethlehem, Newark, Trenton, Doylestown, Easton, and 406 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

No Penalty 18 Month CD At Asian Bank, 1.28% APY
Only one branch in Philly, but their CDs can be opened by mail and are available to residents of certain counties in Pennsylvania, Delaware, New Jersey and New York. See
My Banking Direct Money Market’s New Tiers And $50 Bonus
I mentioned this in the weekly rate survey, but I thought it would be useful to mention it in a quick forum post. My Banking Direct reduced the balance required
2% 36 Month CD In New Jersey
1st Colonial Community Bank has one noteworthy CD: 2% apy 36-month CD and IRA CD $500 minimum Branches located at Collingswood and Westville, NJ (suburbs of Philly)
$300 Checking Bonus At 2 NJ Branches Of Sun National Bank
Requirements: * Open a new Agility Plus Checking account at the branch in Wall Township or Colts Neck by March 31, 2017 * Have a balance of at least $3,000
Washington Savings Bank (PA) Boosts 60-Month CD Rate
Deal Summary: 60-month CD, 2.26% APY, $500 minimum deposit Availability: Market area is primarily metropolitan Philadelphia, including nearby New Jersey Pennsylvania-based Washington Savings Bank ended the week by raising the
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