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

US Bank Increases Money Market To 4.50% APY
https://www.usbank.com/bank-accounts/savings-accounts/elite-money-market.html
Business Checking Acct $750 Offer
I think this one was mixed together with the Chase offer of $750. Good through 6-30-23. https://www.usbank.com/splash/business-checking/spring-online-banking-bonus.html?ecid=PS_57012&c3api... Disclosures Promo code Q2BUS23 MUST be used when opening the business checking account. Limit
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$525 Savings Bonus Equivalent Interest Rate Up To 12.80%
Well Fargo is offering a savings bonus of $525 when you deposit $25k. They give you 30 days to fully fund the account when you open it IN BRANCH with
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
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