Banking Rates & News

South Bend Area

Including Akron, Argos, Baroda, Benton Harbor, Berrien Springs, Bourbon, Bremen, Bridgman, Bristol, Buchanan, and 49 other towns.

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Banking in the South Bend Area

South Bend is a city of about 100,000 people in northern Indiana, right on the border with Michigan. Its official metropolitan area has a little more than 300,000 people, but the wider region encompassing several counties in both Indiana and Michigan (including the cities of Elkhart, Mishawaka, Goshen, Warsaw, Niles, Granger, Saint Joseph, Plymouth, and Benton Harbor) has more than 700,000 people.

South Bend is best known as the home to Notre Dame University, and the college is the city's largest employer. South Bend at one time was an industrial powerhouse, but such industry has left the city. In addition to education, healthcare is one of the city's largest employers.

Banking has a modest presence in South Bend. There are 13 banks and 23 credit unions headquartered in the area. Notable institutions that call South Bend or the surrounding area home are 1st Source Bank, Lake City Bank, Teachers Credit Union, United Federal Credit Union, and Interra Credit Union. The oldest bank still operating in the area is First State Bank of Decatur, which was established in 1870. In total, there are more than 40 banks and 25 credit unions operating in the South Bend area, with approximately 440 branches between them.

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Local Deals & News

Fifth Third $250 Checking Bonus, $500 Deposit For 60-Days No DP Or Activities Required [State Specific Offer]
The $250.00 bonus with a $500.00 checking deposit is back until 31 August 2020 [These deals are usually withdrawn before the expiration date so don't snooze or you will loose
Checking Account Bonus of Up to $400 at First Merchants Bank
Deal Summary: Checking account bonus of up to $400, requirements include $500 direct deposit, $15k balance to avoid monthly fees. Availability: Parts of Illinois, Indiana, Ohio and Michigan With interest
Communitywide FCU Quarterly High Rate Acct Drops To 1.50%
The Quarterly Acct APY has dropped to 1.50%. Definitely NOT worth your time, since you can only make penalty-free withdrawals the first 5 days of every calendar quarter, and there's
Rate Collapse
Just a year ago, I purchased a six-year CD at INOVA at 3.5% APY. Checked the rate today (4/6). The 6-yr is 0.85% APY. The era of "14-month specials" and
Mattress Money
The 6-yr CD now offered for 0.85% APY. Those of us who picked up the 3.5% APY 6-yr a year ago, well, looking better and better. For your joke of
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