Banking Rates & News

Fargo Metro Area

Including Fargo, Grand Forks, Moorhead, Fergus Falls, Detroit Lakes, Devils Lake, Wahpeton, West Fargo, Lisbon, Jamestown, 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

Western State Bank High Yield Money Market Earns 2.50% APY
Deal Summary: High Yield Money Market, 2.50% APY on all balances up to $3 million. Availability: Nationwide. Western State Bank (Western) is now offering its High Yield Money Market (2.50%
2.50% Money Market
I just saw their ad for a 2.50% MM. It looks more like a savings account, as there are no checks or debit cards. No minimum, $ 3MM cap. It appears
14-Month CD Special - 3.01% APY
If you live in SE North Dakota or NE South Dakota, this could be the CD for you! Minimum $1,000 deposit.
Service Credit Union Adds Black Friday 27-Month CD
Deal Summary: Special Rate Share Certificates – 27-month (3.25% APY) and 18-month (3.05% APY), $1k minimum deposit. November 23-26 only. Availability: Easy membership requirement for family members of individuals who
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
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