Banking Rates & News

Salisbury Metro Area

Including Salisbury, Ocean City, Rehoboth Beach, Lewes, Milford, Cambridge, Seaford, Millsboro, Berlin, Georgetown, and 23 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

Wells Fargo 2-Yr. Brokered CD: 3.00%
new issue maturing Oct. 26, 2020, available at Vanguard
PNC Offers High Yield Savings Account, 2.20% APY
Deal Summary: PNC High Yield Savings, 2.20% APY on balances of $1 and above. Availability: Areas of U.S. outside of PNC’s branch footprint (based on zip code) PNC, the sixth
Discover Bank Bumps Up Online Savings And Money Market Accounts.
Online Savings now 1.85%(1.80) Money Market now 1.70% & 1.75%(100k+) The 5 bps increase does not make them a rate leader, but I do give them credit for offering a
PNC Bank 2.20% High Yield Account
2.20% high yield savings, $2000 in credit card funding allowed. Or, if you have a PNC Virtual Wallet Growth account you get 2.25% if you qualify for the relationship tier,
Capital One Ups Rates on Six 360 CDs
Deal Summary: 360 CD rate hikes. Most noteworthy is the 1-year CD, 2.50% APY, No minimum deposit Availability: Nationally available Capital One increased the rates on six terms of its
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