Banking Rates & News

San Francisco Bay Area

Including Alameda, Alamo, Albany, American Canyon, Angwin, Antioch, Bay Point, Belmont, Belvedere, Belvedere Tiburon, 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

HSBC Direct Drops To 0.15% From 0.30% On Nov. 24
11/20/2020 email form HSBC Direct: "Thank you for being a valued HSBC customer. We're writing to let you know the Annual Percentage Yield (APY) on your HSBC Direct Savings account
PNC Financial Services Acquires BBVA USA
Got the attached email from BBVA USA this evening: "Dear Valued Client, Today it was announced tcat pending regulatory approval, BBVA USA will be acquired by PNC, a top 10
HSBC Direct Savings Account Down To 0.30%
"We're writing to let you know the Annual Percentage Yield (APY) on your HSBC Direct Savings account is changing from 0.50% to 0.30% starting November 03, 2020."
First Foundation @ 0.75% APY
"We’re writing to let you know the interest rate on our Online Savings account is changing. Starting October 20, our Online Savings account will earn 0.75% Annual Percentage Yield (APY).
First Bank (CA/IL/MO) Adds Competitive Reward Checking Account
Deal Summary: First Performance Checking, 3.04% APY on qualifying balances up to $25k. Availability: Market area includes California, Illinois, and Missouri. Missouri-based First Bank has introduced a new reward checking
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