Banking Rates & News

Minneapolis Area

Including Aitkin, Akeley, Albany, Albertville, Alexandria, Alpha, Amery, Andover, Annandale, Anoka, and 428 other towns.

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Banking in the Minneapolis Area

Minneapolis, along with St. Paul, make up Minnesota’s famed Twin Cities and home to several beautiful parks and lakes provided by the Mississippi River that bisects the area. Here one will find notable landmarks such as the contemporary Walker Art Museum and The Minneapolis Sculpture Garden which is famous for the “Spoonbridge and Cherry” sculpture by Claes Oldenburg. The metropolitan area also houses several financial institutions that readily serve the residents of this great city. There are about 250 notable banks like Bremer Bank, National Association, Western Bank, Anchor Bank, and KleinBank that are headquartered here along with approximately 80 credit unions such as Wings Financial Credit Union.

People living in the Minneapolis area have access to a multitude of banking needs. Saving for tomorrow with Christmas and vacation clubs as well as retirement accounts can be handled at several of the city’s financial institutions, and checking and savings account, mortgages, student loans, home loans, and refinancing can be taken care of at many of the locations found close to home. There are approximately 2,090 branches scattered around the community that stem from more than 350 different banks and 90 credit unions. The oldest Minneapolis bank, First National Bank Minnesota, opened in 1857 and is still in operation today. Conveniently located ATMs and 24 hour online access further help to make banking easy for Minneapolis residents.

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Local Deals & News

Connexus CU Drops All CD Rates
12 month from 2.20% to 2.01% APY 24 month from 2.40% to 2.21% APY 36 month from 2.50% to 2.31% APY 42 month from 2.50% to 2.31% APY 60 month
Connexus Credit Union 24-Month CD Earns 2.40% APY
Deal Summary: Share Certificates – 24-month (2.40% APY), 36-month (2.50% APY), $5k minimum deposit Availability: Easy membership requirement Just about a year ago, Connexus Credit Union’s (Connexus) 60-month Share Certificate
As Rates Fall, the Appeal of High-Yield Reward Checking Grows
After yesterday’s Fed rate cut (the third since July), I’m afraid savers should expect more rate cuts on their online savings accounts. As those rates fall, high-yield reward checking accounts
CD Accounts For CA
I called them and told me that one cannot open a CD account if lives in California or any other state excpet Mi and Wis. Even if pays the $10
Wells Fargo Drops Rates Again
The slide continues. Will it stop anytime soon
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