Favorite Banks In and Around Decatur?

Toni writes in…

I’m a Decatur resident and regular DM reader, and appreciate the feedback from other readers about their favorites around town. My husband and I are looking for a bank and would love to hear what your readers recommend.

Probably should expand the request to credit unions as well, since they have often made an appearance in these sorts of discussions in the past!

Fidelity Bank Opening 2nd Decatur Location in old Decatur First Bank Building

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Fidelity Bank is opening a second Decatur location at the old Decatur First Bank building along Commerce Drive.

How do I know this?  Well, because FMFats sent us this picture.

Decatur First Bank was acquired by Fidelity Bank back in 2011.

Fidelity’s first location is at 160 Clairemont Ave.  That building’s parking lot is currently being developed into apartments by Paces Properties.

Delta Community Credit Union Opens This Thursday

The AJC reports that the Delta Community Credit Union that been building out the old Wolf Camera space for a few months will open to the public this Thursday with a ribbon cutting ceremony at 11:30am.

Wells Fargo Comes to Decatur

I’m sure many of us have noticed that all of the permanent Wachovia signs around Atlanta in recent months – from stand-alone ATMs to individual branch signage – have been replaced with temporary covers, often with a titillating line of exposed red at the edges hinting at the future.  Rrrrrrr.

Well, apparently some of those signs were just too big to cover over in preparation for the big Wells Fargo reveal later this month.  And while the large sign atop the Wachovia building at Atlantic Station got the AJC treatment for it’s makeover this past weekend, Decatur’s own Wachovia building also got a sign makeover late last week with very little fanfare.

Pic courtesy of my wife

Decatur First Bank Requests Bailout Assistance; Worries About Future

The AJC has a great article this morning about a huge overlooked segment of the financial industry in these tough economic times; community banks.

The article prominently features Decatur First CEO Judy Turner and her thoughts regarding the recent crisis and lack of assistance thus far by the feds to smaller banks.  According to Turner, Decatur First will continue to make loans for now “thanks in large part to money raised by its board of directors”, but has also requested $5.2 million from the fed.

So far, no response.

Cornerstone Bank Opens in Two TownCenter

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Carl sends in this pic and gives a little background on Decatur’s newest downtown bank…

This is currently on the second floor but will move to the old Children’s Healthcare space on the first floor once renovations are complete.

They’re also offering 2.5% APY on checking for Decatur customers through May.

Interesting in the downsizing of the financial world our options seem to have increased.