Banking Rates & News

Sherman Metro Area

Including Ada, Ardmore, Sherman, Durant, Denison, Hugo, Whitesboro, Van Alstyne, Madill, Collinsville, and 26 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

$300 And $150 Checking Bonuses At Bank Of The West
My local BotW branch in San Diego was advertising this. Also saw it listed at the BotW home page. You can get $300 with Premier Checking or Get up to
Nascoga FCU RCA changes effective 4/1/15
Excerpt from a letter received In the morning mail from the credit union describing new terms for its Bonus Checking account effective 4/1.  (Bolding added for clarity) (Note that this
Nascoga Credit Union RCA ($30K, $2.02%APY) To ($30K, 1.76%APY)
The change was effective with the qualification cycle which started 1/1.  See details on the credit union's deposits rates page here.
First United Bank And Trust: Bump-Up 11- And 23- month CDs
The bank has a DA health rating of B+.  11 month 0.90%APY    23 month 1.15%APY Minimum opening deposit is $1,000 in new money. Option to bump-up for one time
Independent Bank (McKinney, TX) RCA rate drop from 2.0%APY To 1.50%APY
The change was effective with the start of the new qualification cycle on Thursday 10/16.