Banking Rates & News

Mankato Metro Area

Including Amboy, Butterfield, Ceylon, Comfrey, Darfur, Dunnell, Eagle Lake, Fairmont, Hanska, La Salle, and 21 other towns.

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Banking in the Mankato Area

Mankato, Minnesota, is a small city noted for its robust economic performance and balanced industry year after year, for which it has won several awards and recognitions. The most recent award was in 2015 when it was ranked 39th on the Forbes list of the “Best small places for businesses and careers” in the United States. Additionally, Area Development magazine ranked Mankato as 7th on its list of the “Top 20 Small Cities for Economic Strength.”

The city of Mankato is nestled in the larger Mankato area, which spans a cluster of counties and adjoining cities. Some of the cities in this region are Fairmont, New Ulm, Saint James, Madelia and Springfield. Sleepy Eye, Saint Clair, Trimont, and Lewisville are in the Mankato area service range as well.

The Mankato metropolitan area has approximately 50 banking institutions and seven credit unions. These banks and credit unions provide a total of about 110 branches for customer use and offer a variety of services, including personal, business and commercial banking, mortgage and real estate loans, agricultural program financing and credit cards. Further, 22 banks and six credit unions are headquartered in the Mankato area, the most notable of which are Pioneer Bank of Minnesota, Community Bank Mankato, Profinium, Inc., and SouthPoint Federal Credit Union. Citizens Bank Minnesota is also headquartered here, and having been established in 1875, is the oldest banking institution in Mankato.

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Local Deals & News

Wells Fargo Bank Has $300 Bonus For New Checking Customers
Deal Summary: $300 bonus for new checking customer. Availability: Nationwide Now through March 31, 2022, Wells Fargo Bank (Wells Fargo) is offering a $300 bonus when opening a new checking
Major Rate Hikes On Cds
1 Year CD - 0.80% (was 0.50%) 18 Month CD - 1.01% (was 0.60%) 2 Year CD - 1.21% (was 0.75%) 3 Year CD - 1.41% (was 0.95%) 30 Month
US Bank Checking Account Bonus Pays Up To $500
Deal Summary: $300 or $500 bonus when opening a new Silver, Gold, or Platinum Checking account. Available through January 24, 2022. Availability: Market area includes AR, AZ, CA, CO, FL,
$300 Checking Bonus
Wells Fargo has a new $300 checking bonus, which is targeted. (I received it in the mail today.) Can be done online or in-branch. 1. You must use your bonus
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
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