Banking Rates & News

San Francisco Bay Area

Including San Francisco, San Jose, Oakland, Santa Rosa, Fremont, Sunnyvale, San Mateo, Walnut Creek, Pleasanton, Concord, and 116 other towns.

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Banking in the San Francisco Bay Area

The San Francisco metropolitan area is one of the wealthiest in the country. As such, many banks are established or have branches in San Francisco, San Jose, Palo Alto, Oakland, Napa and other cities. In fact, there are 51 banks and 81 credit unions registered in the region with about 3,000 branch locations.

All of the large US banks have a presence here including Citibank, JP Morgan, Bank of America and Wells Fargo. Bank of the West has even been continuously operating for over 140 years.

San Francisco is known for the Golden Gate Bridge, Fisherman's Wharf, the trolley system and the art scene. However, the region is also known for its business prowess. It is the hub of the technology scene in the US and has many rich technology company executives as well as venture capitalists. The biotech industry is also large as well as traditional industries such as real estate, finance, advertising and media.

For that reason, there are plenty of banks in the region, serving all of these customers with their deposit and lending needs. As long as the economy continues to perform, banks will continue to operate in the region.

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Local Deals & News

Connecticut Share Certificate Specials - 1.80% 24Mo / 1.40% 9Mo
Scient Federal Credit Union special rates 1.80% apy - 24 month term 1.40% apy - 9 month term $5,000 minimum $250,000 maximum Limit one set of special Share Certificate per
19-Month CD Special In California
Saw this First Republic Bank ad in Sunday's San Diego Union Tribune: 1.50% APY 19-month CD Special $10,000 minimum balance
US Bank Offers $200 Summer Checking Bonus
UPDATE 7/10/2017: As some DA readers have noted in the Comments section below, this offer is not available nationwide. I have included more detail in the Availability section below. Thank
BBVA Compass Offers Money Market Promotional Rates Nationwide
Deal Summary: ClearChoice Money Market, 1.25% APY, $10k min/$5m max, new money, new customers. Availability: Available nationwide online only. In the past few years, BBVA Compass has occasionally offered promotional
Alliant Credit Union Raises Savings Account Rate
Deal Summary: Savings account, 1.11% APY Availability: Easy membership requirement On April Fool’s Day, Alliant Credit Union (Alliant) raised the rate on its Savings account to 1.05% APY, a five
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