Banking Rates & News

Roanoke Metro Area

Including Altavista, Amherst, Appomattox, Arbovale, Bassett, Bedford, Blacksburg, Bland, Blue Grass, Blue Ridge, and 69 other towns.

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Banking in the Roanoke Area

Roanoke is a city of about 100,000 people in southwest Virginia near the border with West Virginia. Roanoke's wider metropolitan area, which includes the cities of Lynchburg, Danville, Salem, Christiansburg, Blacksburg, Martinsville, Vinton, Bedford, and Wytheville, has a little over 300,000 people.

Roanoke is the economic hub of southwest Virginia and southern West Virginia. For a small city, it has a fairly diverse economy, with strong healthcare, retail and manufacturing industries. The Roanoke Shops, now a Norfolk Southern maintenance facility, built nearly 500 steam locomotives for the Norfolk & Western railroad over a course of 80 years.

For its size, Roanoke has a fairly large banking industry. There are 26 banks and 39 credit unions that have their headquarters in the Roanoke region. Notable institutions headquartered in and around Roanoke include Carter Bank & Trust, Franklin Community Bank, N.A., The National Bank of Blacksburg, Valley Bank, and Member One Federal Credit Union. The Bank of Fincastle, which was established 1875, is the oldest financial institution still operating in the Roanoke area. Overall, the city and surrounding areas have a presence from nearly 50 banks and 45 credit unions with a total of about 600 branches.

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Local Deals & News

No More Lollipops At Wells Fargo
Mrs. Rockies and I made a very rare trip inside our local brick and mortar Wells Fargo branch earlier today. We wanted to get some cash which required the teller
Enzo (Fintech) Deposit Accounts At Blue Ridge Bank: 1.5%, 2.15% Starting Aug. 1St
I'm not sure if this is the appropriate way to post this since it's actually about Enzo, which there's no entry for as a bank since it's a fintech, so
Select Bank (VA) Offers Competitive Kasasa Cash Checking And Kasasa Saver
Kasasa Cash Checking 2.01%APY on balances up to $50,000 Kasasa Saver 1.05% APY on balances up to $250,000 https://www.myselectbank.com/personal/personal-checking/free-kasasa-cash-checking.html
(Finally!) SFGI Bumps The APY On Its' Savings Account!
SFGI Savings account APY (was .51%) now at .71%
Wells Fargo Bank Has $300 Bonus For New Checking Customers
Deal Summary: $300 bonus for new checking customer. Availability: Nationwide Now through March 31, 2022, Wells Fargo Bank (Wells Fargo) is offering a $300 bonus when opening a new checking
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