Banking Rates & News

Philadelphia Area

Including 1932 Zaventem, Abington, Absecon, Alburtis, Aldan, Allentown, Alloway, Ambler, Ardmore, Aston, and 400 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

Tioga-Franklin Savings Bank (PA) Has Competitive Kasasa Products
Deal Summary: Kasasa Cash, 2.00% APY on qualifying balances up to $25k. Kasasa Saver, 1.00% APY on qualifying balances up to $50k. Availability: Market area includes the Philadelphia metropolitan area.
Review of the Discover Bank Cashback Debit Account
Deal Summary: Cashback Debit account, 1% cash back on up to $3,000 in debit card purchases each month. Availability: Nationwide (internet bank) Discover Bank (Discover) is promoting its Cashback Debit
Sun East Renewal Bonus Offer
Not sure if this was a one time deal, but I had a certificate come due on 3-19 and Sun East FCU offered to renew the certificate at 1.5% for
Customers "Ascent" Money Market continues its Descent
From an email, in the past hour: . . . we are writing to tell you that effective March 16, 2021, we will be reducing the Ascent Money Market Savings
Freedom Credit Union (PA) Lowers Yields On 36-Month And 30-Month Certificates
36-month CD now has APY of 0.75% (had been 1.50%) 30-month CD now has APY of 0.65% (had been 1.30%) https://freedomcu.org/wp-content/uploads/2021/02/Term-Share-Certificate-TIS-2-22-21.pdf
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