Banking Rates & News

Salt Lake City Area

Including Salt Lake City, Ogden, Sandy, Provo, Orem, West Jordan, Saint George, Logan, Layton, Draper, and 137 other towns.

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Banking in the Salt Lake City Area

The high elevation capital city of Utah, Salt Lake City, is bordered by the Wasatch Range’s snow-capped peaks and the Great Salt Lake. The ten acre Temple Square in the downtown area is the headquarters of the Mormon Church and home to the neo-Gothic Assembly Hall, Salt Lake Temple, and the domed Tabernacle where the Mormon Tabernacle Choir performs. In 1873 the Zion Bank opened its doors to the residents of Salt Lake City and still serves the area today. This is a fine example of the dedication found among the financial institutions of this city.

Notable institutions such as Morgan Stanley Bank, N.A., GE Capital Bank, American Express Bank, FSB, and Ally Bank offer online banking to the residents of Salt Lake City. In addition, approximately 1,390 branch offices coming from more than 80 banks such as BMW Bank of North America and First National Bank of Layton, as well as more than 105 credit unions serve this area. Residents can enjoy the security of keeping their money in these institutions’ savings and checking accounts, and help is easily found for all types of banking from simple check cashing to saving for one’s retirement.

There are 64 banks and 80 credit unions that have chosen Salt Lake City as their headquarters. This gives those living in the city and surrounding areas competitive rates when looking for student loans, home loans, auto loans, or personal loans. They can also take advantage of everyday financial assistance with savings clubs and college funds.

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Local Deals & News

Online Savings Account Rate Increase
Small jump today to 1.05% APY(Was 1.00%)
Ally Bank Ups 5-Year CD Rate to Highest Level Since 2011
Deal Summary: 60-month CD, 2.25% APY, No minimum deposit Availability: Internet Bank Today, Ally Bank increased the rate of its 5-year High Yield CD by 25 bps. The new rate
Ally 5-Year CD, 2.25% APY
I just saw this on the Ally website. I _think_ the previous APY had been 2.00%.
Greater Nevada CU's Aspire Checking Earns 3.00% APY Up To $15k
Deal Summary: Aspire Checking, 3.00% APY up to $15k. Availability: Individuals who live or work in Nevada. I first wrote about Greater Nevada Credit Union’s (GNCU) Aspire Checking account in
Mountain America: "post bump-up" rate announced
5 yrs. 2.50% APY They also offer: 4 yrs. 2.10% APY; 3 yrs. 1.75% APY other rates at https://www.macu.com/rates#TermDeposit-Tab
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