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Rochester Metro Area

Including Rochester, Mason City, Albert Lea, Austin, Charles City, Stewartville, Spring Valley, Kasson, Osage, St. Charles, and 63 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

$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 *
Altra FCU (Easy Membership) Celebrates 85 Years With $85 Bonus
Availability: Easy Membership Requirement Wisconsin-based Altra Federal Credit Union (Altra FCU) is celebrating its 85th Anniversary with an $85 bonus for new members who open an A+ Checking account between
Altra FCU $85 Checking Bonus - Easy Membership
Altra's 85th Anniversary A+ Checking Special We're celebrating 85 years!October 1-8!New members who open an A+ Checking Account, October 1-8, will receive $85.00* Valid online and at all Altra branches. 
Wells Fargo & Company: The Teflon Bank?
Wells Fargo & Company, with $1.7 trillion in assets, as of September 30, is currently the second largest bank in the U.S., and one of the world’s most valuable banks
Wells Fargo Everyday Checking $100 Offer
$100 offer expires 09/01/2016. Requirements: Open an Everyday Checking account with a $25 minimum deposit. Make 10 debit card purchases/payments within 60 days. Offer Link Offer details courtesy of MoneysMyLife.com