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

Affinity Plus Federal Credit Union 30-Month CD Rate Surges Upward
Deal Summary: 30-month CD, 4.00% APY, $500 minimum deposit Availability: Easy membership requirement Minnesota-based Affinity Plus Federal Credit Union (Affinity Plus) recently raised the rate on its 30-month CD to
Wells Fargo Leaps Ahead Of Brokered CD Competitors For Multiple Durations (2-Year 3.75%)
On Vanguard, here are Wells Fargo current non-callable Brokered CD offers as of 3:45pm Eastern, September 13 3.75% 2-year 3.70% 18-month 3.65% 12-month 3.60% 9-month 3.50% 6-month
Incrediblebank Remains Unspectacular
If any bank should change their name, it's IncredibleBank. It was once mighty with a high rate with no minimum balance requirement to speak of, of which I enjoyed their
No More Lollipops At Wells Fargo
Mrs. Rockies and I made a very rare trip inside our local brick and mortar Wells Fargo branch earlier today. We wanted to get some cash which required the teller
7Yr CD To Yield 4.00%
RBC Wealth Management - BMO Harris Bank CDs to yield 4.00% BMO HARRIS BANK CDs 4.00% due 7/06/29 FDIC Insured to Limits ($250K per account title) Callable beginning 1/06/23; then
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