Banking Rates & News

Rochester Metro Area

Including Avon, Bloomfield, Brighton, Brockport, Caledonia, Canandaigua, Chili, Churchville, Clifton Springs, Clyde, and 45 other towns.

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Banking in the Rochester Area

Rochester is a thriving city on the southern shores of Lake Ontario with an exciting culinary scene, several annual festivals and events, and a mall that is known as a shopper’s paradise. With 60 public golf courses, over 100 breweries, wineries, and distilleries, and 12,000 acres of natural parkland, Rochester has something for everyone. When this city was still in the growing stage of its younger days, The Lyons National Bank opened in 1865. Since then Rochester has continued a tradition of notable financial institutions. There are more than five banks and 30 credit unions headquartered here.

Notable financial institutions such as ESL Federal Credit Union, The Canandaigua National Bank and Trust Company, The Summit Federal Credit Union, and Genesee Regional Bank serves the residents of Rochester. Here individuals can handle all of their banking needs. These institutions help with a variety of lending whether one is purchasing their first home, wishing to save money by refinancing, or simply see the kids off to college. Retirement savings and investment opportunities are also open to those living here.

There are many convenient banking locations found throughout Rochester and its neighboring communities. Approximately 480 branches are open within the city that come from more than 25 banks and 35 credit unions. Along with these offices where customers can do their banking in person there are many ATMs scattered about the community. Online banking provides yet another banking option for the busy residents of Rochester.

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Local Deals & News

You Are Now Earning A 5.15% Annual Percentage Yield (APY) On Your Entire Balance.
You are now earning a 5.15% Annual Percentage Yield (APY) on your entire balance
Empower 30 Month 5.25%-5.3% APY: Rate Is Holding
Amidst any number of falling CD interest rates, the subject Empower deal is holding so far. At least that is true at time of this post. I found the rate
Empower Federal Credit Union (NY) 30-Month Share CD Rate Shoots Up
Deal Summary: 30-month Share Certificate, 5.30% APY ($100k), 5.25% APY ($500). Availability: Eight Western and Central New York counties. Following a 225 bps increase at the beginning of the month,
12 Month CD @ 5%
Requires a checking account to receive this rate.
6% APY 3-Month Share Certificates & Iras [Upstate New York]
6% CD. Not too shabby even though the term is short. Dividend Rate = 5.83% Annual Percentage Yield = 6.00% 3 month term Minimum deposit $500 (all 7 tiers) https://www.empowerfcu.com/Member-Center/Tools-Education/Rates
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