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Rochester Metro Area

Including Rochester, Mason City, Albert Lea, Austin, Charles City, Stewartville, Spring Valley, Kasson, Osage, St. Charles, and 61 other towns.

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Banking in the Rochester Area

Rochester, Minnesota, is the largest city in the state outside of the Twin Cities metropolitan area. Located in southeast Minnesota near the borders with Iowa and Wisconsin, Rochester has a population of about 110,000 people. Its larger population area, which includes the cities of Austin, Albert Lea, Charles City, Stewartville, Spring Valley, Kasson, Clear Lake, and Rushford, has more than 200,000 people.

Rochester is home to the Mayo Clinic, one of the most well-known healthcare systems in the world. It also is home to a major IBM manufacturing plant. Perhaps due to the presence of two large companies and its location close to two other states, Rochester has a large banking industry.

There are approximately 40 banks and 20 credit unions with headquarters in Rochester or the surrounding region. Notable institutions include Think Mutual Bank, First Citizens National Bank, Mayo Employees Federal Credit Union, and Home Federal Savings Bank. The oldest locally-based financial institution still operating is Root River State Bank, which was established all the way back in 1856. Altogether, including out-of-area banks that operate in the Rochester region, there more than 75 banks and 20 credit unions with a total of about 280 branches.

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Local Deals & News

Earn $150 When Opening An Associated Bank Wild® Checking Account
Availability: Market area includes Illinois, Minnesota, and Wisconsin. Wisconsin-based Associated Bank, N.A. (Associated Bank) has had a series of $150 checking bonuses in the past that were sports team themed.
Wells Fargo Offers Easy $250 Checking Bonus
UPDATE 3/18/2017: Offer extended through April 1, 2017. The fine print on the promotion page now reads, "This is an exclusive, nontransferable offer. This is only available to Wells Fargo
$100 Checking Account Bonus At Wells Fargo (Online Only)
Easy $100 bonus, if you trust Wells Fargo. But it won’t last long. To receive your $100 bonus, open an Everyday Checking account from this page by December 16, 2016,
18Mo CD Special 1.76% APY
If you live near Mason City, Iowa, this could be a good investment.  CENT's High Yield Checking account pays 3.00% up to $10k.
$150 Checking Account Bonus In WI, IL And MN
Associated Bank is offering a $150 checking account bonus: Score $150 when you open a Packers Checking account * Make three payments using Associated Bank Online Bill Pay OR *
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