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

INOVA Federal Credit Union Adds 100 Basis Points To 18-Month IRA/CD
Deal Summary: 18-month IRA (2.50% APY), 18-month CD (2.25% APY), $200 minimum deposit. Availability: Easy membership requirement In the past five years, Indiana-based INOVA Federal Credit Union (INOVA) had been
New Deals On 18-Month (2.5% IRA/2.25% Regular)
Not spectacular, but might be worthy to consider. INOVA was long known for nice short-term deals (such as the 14-month specials). Maybe it's getting back in the mix.
$400 Bonus Question
Wells Fargo is currently running a promo - deposit $4000 via direct deposit within 90 days, receive $400. I'm not sure if this is invitation only, I received a promo
Wells Fargo Drops Rates Again
The slide continues. Will it stop anytime soon
Wells Fargo Rate Drops
Wells drops rates again
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