Banking Rates & News

Toledo Metro Area

Including TOLEDO, Adams Township, Adrian, Archbold, Arlington, Attica, Bellevue, Bettsville, Blissfield, Bowling Green, and 81 other towns.

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Banking in the Toledo Area

Toledo is a city in northern Ohio, situated on the border with Michigan. The city itself has a population of about 285,000, making it the fourth-largest city in Ohio. Its larger metropolitan area has about 650,000 people. Notable cities in the region include Findlay, Perrysburg, Maumee, Fremont, Oregon, Port Clinton, Sylvania, Tiffin, and Adrian (Michigan).

While healthcare is the largest employer in Toledo, the city has a history of being a major automotive manufacturing city. It also is known for its glass manufacturing sector and has been given the moniker "The Glass City."

Toledo has a banking industry commensurate with a city its size. There are 29 banks and 52 credit unions with headquarters in the Toledo area. Notable institutions based in and around Toledo include First Federal Bank of the Midwest, Farmers & Merchants State Bank, Croghan Colonial Bank, The State Bank and Trust Company, and Signature Bank, N.A. The oldest institution still operating in the area is First Bank of Ohio, which was established in 1873. Including institutions that are headquartered elsewhere but operate in the area, there are more than 55 banks and 55 credit unions with a total of about 560 branches.

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Local Deals & News

American 1 CU One-Year CD 6%
American 1 Credit Union one-year CD is 6% APY. $1,000 minimum. Hard pull if one is new to this CU. https://www.american1cu.org/savings-rates Deposit Accounts American 1 page says anyone can join: https://www.depositaccounts.com/banks/american-1-cu.html
$600 Bonus Momentum Checking
I usually throw out those Valpak advertising coupons without even opening the envelope. This time I rummaged through them and found an offer code from Fifth Third for this deal.
Great 5.30% Money Market Rate!!
I got a mailing from them last week about a special offer for their Money Market account that offers an excellent rate of 5.30% and is guaranteed until 1/1/24. Only
US Bank Increases Money Market To 4.50% APY
https://www.usbank.com/bank-accounts/savings-accounts/elite-money-market.html
Business Checking Acct $750 Offer
I think this one was mixed together with the Chase offer of $750. Good through 6-30-23. https://www.usbank.com/splash/business-checking/spring-online-banking-bonus.html?ecid=PS_57012&c3api... Disclosures Promo code Q2BUS23 MUST be used when opening the business checking account. Limit
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