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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

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 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
45-Month CD Special In Winona MN
La Crosse Tribune ad: 1.70% apy 45-month Growth Spurt CD, $25,000 min Merchant Bank branches listed in ad are in Winona
$300 And $150 Checking Bonuses At Bank Of The West
My local BotW branch in San Diego was advertising this. Also saw it listed at the BotW home page. You can get $300 with Premier Checking or Get up to
Court Evaluating Lawyers' Fee Request in Wells Fargo Overdraft Fees Suit
Wells Fargo was found liable at trial of a class action case for its method of determining debit card overdraft  fees in California and ordered to reimburse $203 million to customers. The judgement was affirmed on