Banking Rates & News

Duluth Metro Area

Including ASHLAND, Aurora, BABBITT, Barnes, Barnum, Bayfield, Bergland, Bessemer, Bigfork, Biwabik, and 60 other towns.

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Banking in the Duluth Area

Duluth, Minnesota, is the largest city in northern Minnesota and is located on the banks of Lake Superior. Right across the lake is Superior, Wisconsin, which, along with Duluth and several other cities, makes up a metropolitan area of almost 300,000 people. Although it has been and remains a major Great Lakes port city, Duluth's main claim to fame is the tremendous amount of iron ore and other minerals in the area, which drove the city's growth in the 19th and 20th centuries.

Though Duluth is not as large or as economically important as it once was, it still has a strong banking industry. There are more than 30 banks and 40 credit unions with headquarters in the Duluth area. Among the more notable are Members Cooperative Credit Union, American Bank of the North, National Bank of Commerce, and Republic Bank Inc. The oldest bank still operating is The Lake Bank, which was established in 1889. More than two dozen other banks, including Wells Fargo, also operate in the Duluth area, giving it approximately 60 banks and 45 credit unions with about 270 total branches.

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Local Deals & News

Wings Financial Has Competitive Limited-Time 18-Month CD Special
Deal Summary: 18-month CD Special, 0.85% APY, $500 minimum deposit, new money. Availability: Easy Membership Requirement As part of its Member Appreciation Month, Minnesota-based Wings Financial Credit Union (Wings Financial)
Affinity Plus Federal Credit Union 4-Year CD Added To CD Rate Summary
Deal Summary: 48-month CD, 1.05% APY, $500 minimum deposit Availability: Easy membership requirement One of the NTS (New to Summary) CDs in this week’s CD Rates Summary is Affinity Plus
Got Some Good Information On Limitations. Read This
After about an hour with the chat and a live human on the phone I found out 1. must have direct deposit of $500 per month to open a money
Affinity Plus Federal Credit Union 60-Month CD Is New Rate Leader
Deal Summary: 60-month CD, 1.50% APY, $500 minimum deposit Availability: Easy membership requirement Last January, I wrote about the excellent rates offered on three Affinity Plus Federal Credit Union (Affinity
US Bank $100 Or $50 Savings Acct Bonus
Open a savings acct by 12/14, deposit $2500 or $5000 into it by 12/21, leave the money parked there until 6/21/2021, and a $50 or $100 bonus will be credited
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