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

Rate Drop - First Foundation Online Savings - 0.75% To 0.60%
A reader forwarded an email that he received from First Foundation that communicated the disappointing news: "We’re writing to let you know the interest rate on our Online Savings account
Patelco Credit Union Offers Easy Membership Requirement Again
Deal Summary: Money Market Select Account, 2.00% APY (up to $2k), 1.00% APY ($2k-$5k), 0.50% APY ($5k-$10k) Availability: Easy membership requirement In early 2015, California-based Patelco Credit Union (Patelco) debuted
Citi Accelerate Savings Drops To 0.50% APY
Got an e-mail from them on 12/12, which states the following rate change: As of 12/8/20, the Citi Accelerate Savings account variable rate changed to 0.50% Annual Percentage Yield¹ (APY).
Why A Rating?
Xceed has reported losses to NCUA 3 straight quarters
US Bank $100 Or $50 Savings Acct Bonus
Open a savings acct by 12/14, deposit $2500 or $5000 into it by 12/21, leave the money parked there until 6/21/2021, and a $50 or $100 bonus will be credited
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