Banking Rates & News

Fargo Metro Area

Including Fargo, Grand Forks, Moorhead, Fergus Falls, Detroit Lakes, Devils Lake, Wahpeton, West Fargo, Jamestown, Grafton, and 143 other towns.

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Banking in the Fargo Area

Fargo is the largest city in North Dakota and has a metropolitan area that includes both North Dakota and Minnesota. Though the city of Fargo itself only has about 115,000 people, the larger metropolitan area, including West Fargo in North Dakota and Moorhead in Minnesota, is about twice that size.

Because of its role as the largest city in North Dakota, as well as the largest city in a fairly large area covering North and South Dakota as well as western Minnesota, Fargo is a major economic center, and one of its major industries is banking.

There are 79 banks and 31 credit unions with headquarters in the Fargo metro area. Altogether, more than 100 banks and 40 credit unions have operations in the area, with a total of about 530 branches. Major banks with their headquarters in the Fargo area include Bell State Bank & Trust, Gate City Bank, Alerus Financial, Choice Financial, and CornerStone Bank. The oldest bank still operating is The Goose River Bank, which was established in 1881.

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Local Deals & News

Platinum Savings/Fixed Cds. Not Bad For A B&M National Bank
Wells Fargo enters the rate race (sorta). In todays Sun Sentinel, Wells Fargo is now offering their Platinum Savings account, minimum new money deposit of $25,000, with a minimum average
Wells Fargo 2-Yr. Brokered CD: 3.00%
new issue maturing Oct. 26, 2020, available at Vanguard
Service Credit Union Ups 15-Month CD Special
Deal Summary: Share Certificate Specials – 9-month (2.50% APY) and 15-month (2.75% APY), $1k minimum deposit. Availability: Easy membership requirement for family members of individuals who are serving, or have
2.75% 2 Year CD
Just took down a 2 year 2.75% CD. Pretty good rate for now.
One Weekly Only - 13-Month CD Special, 2.00% APY
This may be only available in California. I couldn't find it on BotW's website. CSRs I spoke with didn't know anything about this Special, as it wasn't on their cheat
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