Banking Rates & News

Wilkes Barre Area

Including Scranton, Williamsport, Wilkes Barre, Kingston, Pottsville, Lewisburg, Clarks Summit, Hazleton, Danville, Tunkhannock, and 199 other towns.

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Banking in the Wilkes Barre Area

Wilkes-Barre is a city in the Wyoming Valley in northeastern Pennsylvania. Wilkes-Barre has a city population of only about 41,000, but it is part of a much larger metropolitan area that has more than 560,000 people. Notable cities in the region include Scranton, Williamsport, Pottsville, Kingston, Hazleton, Lewisburg, Clarks Summit, Danville, East Stroudsburg, and Stroudsburg.

The Wilkes-Barre region was for a long time one of the major coal mining centers in the U.S. and had a very strong industrial economy. A large banking industry sprouted up to service those industries, and to this day, the Wilkes-Barre region has a fairly sizable banking presence.

There are 33 banks and 66 credit unions with headquarters in the Wilkes-Barre area. Notable institutions with local headquarters include Peoples Security Bank and Trust, ESSA Bank & Trust, First National Community Bank, First Keystone National Bank, and Jersey Shore State Bank. The oldest institution still operating in the region is The Honesdale National Bank, which was established in 1836. Altogether, the Wilkes-Barre region has approximately 960 branches from nearly 75 banks and 70 credit unions.

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Local Deals & News

PenFed’s New Money Market Certificate Rates
PenFed’s new CD rates aren’t blog-worthy, but at least they’re moving in the right direction. Hoping for wow-worthy (like in 2013) for later this year. 1.46% APY 1-year (was 1.41%)
First National Bank (PA) Adds 13-month CD Special
Deal Summary: 13-month CD Special, 1.75% APY, promo code CD155 , $5k min/$500k max, new money, checking relationship required. Availability: Maryland, North Carolina, Ohio, Pennsylvania, South Carolina, and West Virginia.
Small CD Rate Hikes At Penfed
The good news is that PenFed increased some of its CD rates at the start of September. The bad news is their rates are still lower than several internet banks.
Key Bank Is Offering A Promotional 39 Month CD With APY Of 2.05%
Key Bank is offering a 39 Months CD. Minimum Deposit of $10,000.00 is required. The stated APY is 2.05%. Offer may be withdrawn at any time.
M&T Bank Offers Money Market Guaranteed For 3 Months
Deal Summary: MyChoice Money Market, 1.26% intro APY guaranteed for three months, $10k opening deposit of new money. Availability: Market area includes Connecticut, Delaware, Florida, Maryland, New Jersey, New York,
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