Online Banking Login

GRBblog

Welcome to the GRBblog! Get to know GRB, Rochester's only locally owned and managed commercial bank. A commercial bank, but also a community bank, with an entrepreneurial spirit about everything we do. We're committed to Growing Rochester Business and making our community a better place to live and work.

The GRBblog is where we post bank news and information, stories about the great organizations we support, and share relevant local and national business news.

Rochester a Top City for Consumer Banking

Posted by on in Community
  • Font size: Larger Smaller
  • 0 Comments
  • Subscribe to this entry

Personal Finance site NerdWallet recently released a study that named Rochester as #10 in consumer banking options out of the 100 largest U.S. cities.  Original post: "Ten Best Cities for Consumer Banking 2014."

 

Selecting cities based on the diversity of banking options, average savings account interest earnings, fees charged, and branch accessibility, among other criteria. Cincinnati tops the list. 

 

GRB gets a mention in the ranking list

 

Rochester makes its first appearance on this annual list in part by being home to a high number of bank and credit union branches. There are more than 70 branches per 100,000 residents operating within the city, meaning that residents have more ready access to in-person financial services. Even local institutions like Genesee Regional Bank offer a number of physical branches to help reach consumers. Rochester's ranking is also helped by a lower than average monthly checking fee, at approximately $8.24. 

 

 

Last modified on
Tagged in: Rochester

Comments

  • No comments made yet. Be the first to submit a comment

Leave your comment

Guest Tuesday, 23 September 2014