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Philadelphia Area

Including Philadelphia, Wilmington, Allentown, Reading, West Chester, Bethlehem, Trenton, Easton, Newark, Doylestown, and 411 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

Barclays 5 Yr CD Now 1.75%
I'm not sure when this changed but it was 2.05% until very recently.
Up To $500 Referee Bonus And $100 Referer Bonus through July 1, 2016
$500 with a Premier Checking; $250 with an Advance Checking. Need to be referred. Referer can get $100. More details: HSBC Review: $100 Referral Bonus & $500 Referee Bonus from [hustlermoneyblog]   Bank
$400 Checking Bonus After 120 Days, Through 8/31/16
30 Days of $15K; then reduce to $10K while awaiting $400 reward; then downgrade to $1,500 min account -- for another month -- to avoid closing fee hassles. Details /Analysis
Capital One 360 Increases CD Rates For Terms Of 24 To 60 Months
The new CD rates are still a little low compared to the top CD rates for the corresponding terms. Nevertheless, it’s nice to see rate increases. Below is the list
Asian Bank 30-Month CD, 1.68% APY
available to residents of certain counties in Pennsylvania, Delaware, New Jersey & New York ; $1000 minimum. See Bankaholic article dated 6/3/16 Asian Bank’s Four-State CD Deal Includes NYC &