Best Banks to bank in Orlando
The choice of the best Orlando Banks is from 401 different banks, credit unions and branch offices that cover this metropolitan area. All of the major players in the financial world are present that include Chase, Regions, Wachovia, Bank of America, ING Direct and US Bank.
The Online Banking site has decided to ignore these major players and only list local community establishments since there are not as well known. Unfortunately this is a city in the heart a state in the union that has the greatest level of transitional population in the entire country. For this reason there are very few community banks located here.
To make matter worse, many of the local banks do not offer their rates online. You have to contact the financial intuition via phone or in person to discover just what they have to offer. This includes the First Community Bank, the Orange Bank of Florida, Urban Trust Bank, New Traditions National Bank and the Florida Bank of Commerce.
The exception to this is the Crescent Bank & Trust. They have several CD specials that are worth mentioning. Their 9 month CD is earning an APY of 0.75%. The 15 month CD is earning an APY of 1.00%. The 25 month CD is earning an APY of 1.75%. The 37 month CD is earning an APY of 2.40% and the 44 month CD is earning an APY of 2.60%. The minimum deposit for these CDs is $5,000.
This is the only set of rates being offered that could be easily found online. The larger financial institutions might have such a strangle hold on this transit community because of the great influx of visitors and temporary residents from other parts of the country. For this reason the best Orlando Banks might just be the large players in this business sector.
We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name. Always remember, the bigger the risk, the larger the reward or loss. Invest with caution.
For additional resources involving financial help, please view PNC Online Banking, best bank savings rates, Westpac Online Banking and Online Banks at http://www.onlinebanksblog.com/union-online-banking
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