Banking Rates & News

Victoria Metro Area

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Banking in the Victoria Area

Victoria is a regional hub for the Golden Crescent, which is comprised of seven Texas counties. Their arts and cultural scene is highlighted by performances from The Victoria Symphony Orchestra, Victoria Ballet, and Theatre Victoria at the Leo J. Welder Center, as well as the annual Victoria Bach Festival. Victoria sustains a healthy environment for business which has drawn several reputable banks to the area. There are five credit unions currently headquartered within the city.

Notable financial institutions such as Coastal Bend PO Federal Credit Union, Victoria Teachers Federal Credit Union, S.T.E.C. Federal Credit Union, and Victoria City-County Employees Federal Credit Union can be found here. Victoria residents can do their banking through many of the banks and credit unions found within the City’s neighborhoods, as well as surrounding communities. There are approximately 50 Victoria branches from more than 15 banks and five credit unions providing in person services. Online banking from the city’s financial institutions offer 24-hour access to customer’s accounts, and ATMs are conveniently found throughout Victoria to further help with resident’s banking needs.

The Victoria Federal Credit Union is the area’s oldest operating financial institution; it has been serving Victoria since 1940. They, along with the many other banks and credit unions found here, offer checking and savings accounts, check cashing, and direct deposit features. One can also find many lending opportunities such as home loans, student loans, refinancing, personal loans, and auto loans through many of these Victoria institutions.

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Local Deals & News

TDECU Promotes 36-Month Rising Rate CD, 3.56% Blended APY
Deal Summary: 36-month Rising Rate Certificate, 3.56% blended APY, $1k minimum deposit Availability: Residents of 30 Texas counties; employees/retirees/members of 120+ SEGs. TDECU recently added a 36-month Rising Rate CD,
36 Month Rising Rate CD
TDECU offering a new 36 rising rate CD. Year 1 rate - 3% apr Year 2 rate - 3.5% apr Year 3 rate - 4.0% apr
2.60% 11-Mo CD & 2.10% Savings Acct Regional Promotions
Wells Fargo is currently offering a 2.60% APY, 11-month CD which requires a minimum deposit of $25,000 (new money).They are also offering a 2.10% APY, Platinum Savings Account which also
Platinum Savings/Fixed Cds. Not Bad For A B&M National Bank
Wells Fargo enters the rate race (sorta). In todays Sun Sentinel, Wells Fargo is now offering their Platinum Savings account, minimum new money deposit of $25,000, with a minimum average
Wells Fargo 2-Yr. Brokered CD: 3.00%
new issue maturing Oct. 26, 2020, available at Vanguard
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