Banking Rates & News

Rochester Metro Area

Including Adams, Albert Lea, Alden, Austin, Blue Grass, Britt, Brownsdale, Buffalo, Buffalo Center, Byron, and 57 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

No More Lollipops At Wells Fargo
Mrs. Rockies and I made a very rare trip inside our local brick and mortar Wells Fargo branch earlier today. We wanted to get some cash which required the teller
US Bank Checking Account Bonus Pays Up To $400
Deal Summary: $200 or $400 bonus when opening a new Silver, Gold, or Platinum Checking account. Available through June 13, 2022. Availability: Market area includes AR, AZ, CA, CO, FL,
Wells Fargo Bank Has $300 Bonus For New Checking Customers
Deal Summary: $300 bonus for new checking customer. Availability: Nationwide Now through March 31, 2022, Wells Fargo Bank (Wells Fargo) is offering a $300 bonus when opening a new checking
Bank of the West Offers $250 Checking Account Bonus
Deal Summary: : $250 checking bonus (direct deposit required) available now through April 15, 2022. Availability: Market area includes AZ, CA, CO, ID, IA, KS, MN, MO, NE, NV, NM,
US Bank Checking Account Bonus Pays Up To $500
Deal Summary: $300 or $500 bonus when opening a new Silver, Gold, or Platinum Checking account. Available through January 24, 2022. Availability: Market area includes AR, AZ, CA, CO, FL,
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