Banking Rates & News

Salisbury Metro Area

Including Salisbury, Ocean City, Rehoboth Beach, Lewes, Milford, Seaford, Cambridge, Berlin, Millsboro, Georgetown, and 24 other towns.

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Banking in the Salisbury Area

Salisbury is found at the head of the Wicomico River on Maryland’s Eastern Shore, serving as the county seat for Wicomico County. It is also the home of well-known and respected places such as Salisbury University, Perdue Farms, Chipman Cultural Center, and the Salisbury Zoological Park, which is recognized as one of America’s best small zoos. This is a growing city with an exciting blend of residential areas and retail space where many banking options can be found. Eleven banks and eight credit unions are headquartered in Salisbury.

Notable financial institutions serving Salisbury include Discover Bank, Hebron Savings Bank, The Bank of Delmarva, Taylor Bank, and County Bank. The city’s oldest bank, 1880 Bank, opened in the year it is named after and still serves residents today. Those living here will find they can easily open a savings or checking account, cash checks, or take care of any other every day banking needs they may have easily. The approximately 210 branches belonging to more than 30 banks and 15 credit unions are conveniently located throughout the Salisbury area. ATMs and online banking services further ease the burden of banking by providing 24 hour availability.

Salisbury banks can help students attending the city’s own universities as well as others with obtaining the student loans they need to get started. Those moving to the area can find first time home loans and mortgages at competitive rates, and current citizens can ask at any Salisbury bank about refinancing options.

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Local Deals & News

Discover Bank Ups Online Savings And Money Market Rates
Deal Summary: Online Savings, 1.60% APY, all balances. Money Market, 1.50% APY ($100k+), 1.45% APY (below $100k). Availability: Nationwide (internet bank) In the last two weeks of May, Discover Bank
Savings Rate Hike At Discover
Discover made another rate hike shortly after American Express raised theirs. The new rate matches Am Ex at 1.60% up from 1.55%.
Capital One Ups Rates on All 360 CDs and 360 IRA CDs
Deal Summary: 360 CD rate hikes. Two noteworthy ones include 5-year CD, 2.80% APY; 1-year CD, 2.25% APY; No minimum deposit Availability: Nationally available Capital One increased the rates by
Small Rate Increases At Discover Bank
Online Savings: 1.55%(Was 1.50%) Money Market: 1.40%/1.45% CD: 12 Month 2.10%(Was 2.00%) 24 Month 2.20% 36 Month 2.35% 48 Month 2.50% 60 Month 2.60% 72 Month 2.65% 120 Month 2.70%
2.75% 2 Year CD
Just took down a 2 year 2.75% CD. Pretty good rate for now.
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