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

Rate Increases At Discover Bank
Discover Bank increased several key Savings rates today. Online Savings 1.15% to 1.20% Money Market 1.01% to 1.05% & 1.05% to 1.10% 12 month CD 1.35% to 1.50% 24 month
Capital One Increases Top-Tier Rate Of 360 Checking To 1.00% APY
New rate for Capital One 360 Checking: 1.00% APY for balances of $100k and above (used to be 0.90%) 0.75% APY for balances of $50k to under $100k (no change)
Capital One Reduces CD Rates
Capital One lowered several of its' CD rates today, Wednesday 9-6-17; the full slate: 0.40% APY   6mo No change 0.60%    "     9mo   "      "
Capital One Increases 360 Money Market Rate
Deal Summary: 360 Money Market, 1.20% APY ($10k+), 0.60% APY (less than $10k) Availability: Nationwide In March 2016, a new Money Market account (earning 1.00% APY) was unveiled by Capital
Capital One Increases 360 Money Market Rate
Capital One increased the rate of its 360 Money Market Account by 10 bps to 1.20% APY for balances of at least $10k. The rate remains at 0.60% for balances
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