Banking Rates & News

Syracuse Metro Area

Including Auburn, Aurora, Baldwinsville, Brewerton, Bridgeport, Camden, Camillus, Canastota, Cato, Cazenovia, and 61 other towns.

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Banking in the Syracuse Area

Syracuse is a city in central New York and has a population of about 150,000 people. The Syracuse metropolitan area is much larger, with a population of around 750,000 people. Notable cities in the area include Ithaca, Auburn, Cicero, Oswego, Rome, Cortland, Liverpool, Fulton, and North Syracuse.

Syracuse's main claim to fame is that it is the snowiest metropolitan area in the U.S., averaging almost 125 inches a year. Syracuse used to have a strong industrial economy, but now its largest employers are in government, education and healthcare. Syracuse has a modest banking industry, with 19 banks and 25 credit unions headquartered in the area. Notable institutions headquartered in the Syracuse region include Tompkins Trust Company, The Bank of East Asia, Empower Federal Credit Union, Americu, and CFCU Community Credit Union. PathFinder Bank, established in 1859, is the oldest institution still operating in the area. Altogether, there are more than 40 banks and 35 credit unions operating in the Syracuse area, with a total of about 520 branches.

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Local Deals & News

Empower 30 Month 5.25%-5.3% APY: Rate Is Holding
Amidst any number of falling CD interest rates, the subject Empower deal is holding so far. At least that is true at time of this post. I found the rate
Empower Federal Credit Union (NY) 30-Month Share CD Rate Shoots Up
Deal Summary: 30-month Share Certificate, 5.30% APY ($100k), 5.25% APY ($500). Availability: Eight Western and Central New York counties. Following a 225 bps increase at the beginning of the month,
CFCU Once Again Offering 7% APY On Their Seven Month Jumbo CD
I originally posted this deal several months ago, here: That old deal expired, earlier in the summer. However, CFCU has just begun offering a new CD deal which appears
12 Month CD @ 5%
Requires a checking account to receive this rate.
Geddes Federal S&L Adds Rate-Leading 30-Month CD Special
Deal Summary: 30-month CD Special, 5.13% APY, $500 minimum deposit. Availability: Market area is within 150 miles of Syracuse, New York. Geddes Federal Savings and Loan Association (Geddes Federal) is
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