Banking Rates & News

Sherman Metro Area

Including Ardmore, Sherman, Ada, Denison, Durant, Hugo, Van Alstyne, Whitesboro, Collinsville, Bells, and 25 other towns.

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Banking in the Sherman Area

With a population of approximately 38,500, the city of Sherman, Texas, is one of the main cities of the Sherman-Denison metropolitan statistical area and is considered part of the Texoma region. Several towns and cities join Sherman to create a sprawling metropolitan area, including Ada, Durant, Denison, Ardmore and Hugo. Whitesboro, Atoka, Van Alstyne, and Collinsville are also part of the Sherman area.

The Sherman metropolitan area has more than 30 banks and five credit unions, with about 140 branches that provide a range of comprehensive financial services to the Greater Sherman area. These services include personal banking, mortgage loans, credit cards, agricultural financing and auto loans. Some of the banking institutions provide home, auto and life insurance, investment management services, retirement planning, trust services, estate planning, home improvement loans and commercial and business loans to their customers.

A total of 19 banks and two credit unions are headquartered in the Sherman metropolitan area. The most notable institutions are American Bank of Texas, First United Bank and Trust Company, Vision Bank N.A., and American National Bank. The oldest active bank in the Sherman area is First National Bank and Trust Company of Ardmore, which was established in 1889 and is headquartered in the area as well.

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Local Deals & News

City Credit Union (TX) Ups 12-Month CD Rate
Deal Summary: CDs – 12-month (2.50% APY), 18-month (2.50% APY), 24-month (2.75% APY), 30-month (2.75% APY), 36-month (3.00% APY), 48-month (3.25% APY), and 60-month (3.50% APY), $500 minimum deposit. 12-month
One Weekly Only - 13-Month CD Special, 2.00% APY
This may be only available in California. I couldn't find it on BotW's website. CSRs I spoke with didn't know anything about this Special, as it wasn't on their cheat
Tinker FCU (OK) Adds 24-Month Special CD
Deal Summary: 24-Month Special Term Share Certificate, 2.43% APY, $2.4k minimum deposit. Availability: Residents of Payne, Pontotoc, and Seminole Counties, OK; 800+ Business Partners; Military and civilian personnel at Tinker
Rewards Checking - Reduction In Balance Cap
From my recent statement: Effective 9/21/17 the tiered rates that apply to this account for balances up to $10,000.99 will be 1.49% (1.50% APY) and balances $10,001.00 and above will
New 11-Mo And 23-Mo CD Specials In Texas
First United Bank is advertising these CDs in today’s Dallas Morning News. If you had opened one of these specials back in February, this might be a good time to
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