Banking Rates & News

Rochester Metro Area

Including Adams, Albert Lea, Alden, Austin, Blue Grass, Britt, Brownsdale, Buffalo, Buffalo Center, Byron, and 59 other towns.

Top Local Branch Rates

Find another local area

Popular Local Bank & Credit Union Branches

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.

Research Any Bank or Credit Union

Local Deals & News

Affinity Plus Federal Credit Union 4-Year CD Added To CD Rate Summary
Deal Summary: 48-month CD, 1.05% APY, $500 minimum deposit Availability: Easy membership requirement One of the NTS (New to Summary) CDs in this week’s CD Rates Summary is Affinity Plus
Got Some Good Information On Limitations. Read This
After about an hour with the chat and a live human on the phone I found out 1. must have direct deposit of $500 per month to open a money
1St Security Kasasa Ck Rate Drop To 0.8% 3/8/21
Per email. Kasasa Checking: 0.8% Kasasa Savings: 0.45% Maximum bal reduced from 50K to 15K Required monthly debits reduced from 18 to 12
Affinity Plus Federal Credit Union 60-Month CD Is New Rate Leader
Deal Summary: 60-month CD, 1.50% APY, $500 minimum deposit Availability: Easy membership requirement Last January, I wrote about the excellent rates offered on three Affinity Plus Federal Credit Union (Affinity
US Bank $100 Or $50 Savings Acct Bonus
Open a savings acct by 12/14, deposit $2500 or $5000 into it by 12/21, leave the money parked there until 6/21/2021, and a $50 or $100 bonus will be credited
Load More...

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.