Banking Rates & News

South Bend Area

Including South Bend, Elkhart, Mishawaka, Warsaw, Goshen, Granger, Niles, Plymouth, Saint Joseph, Rochester, and 51 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 FCU's "Be Our Valentine" 14-Month CD Earns 2.30% APY
Deal Summary: 14-month Certificate (2.30% APY), and 30-month Certificate (2.55% APY), $50k minimum deposit, new money. Availability: Easy Membership Requirement In the past 18 months, INOVA Federal Credit Union (INOVA)
INOVA Raises APY On 14M, 30M CD Specials. Quick Look.
INOVA Federal Credit Union raised the APY on some of its' CD specials today, February 8, 2018: 14 mon CD APY (was 1.75%) now 2.30% 30 mon CD APY (was
United FCU Adds Certificate Specials For The New Year
Deal Summary: 16-month Certificate Special (2.10% APY), 55-month Certificate Special (2.50% APY), $500 minimum deposit, Ultra Checking required. Availability: Easy membership requirement for residents of Arkansas, Indiana, Michigan, Nevada, North
Certificate Specials At Indiana’s Interra Credit Union
Interra Credit Union’s 11 month and 23 month certificate specials 11-month Share Certificate Special 1.560% min $1,000 Jumbo 11-month Share Certificate Special 1.810% min $100,000 23-month Share Certificate Special 1.750% min $1,000 Jumbo
First Federal Savings Bank (IN) 12mo EZ Access CD Jumps
Deal Summary: 12-month EZ Access CD, 2.02% APY, $5k min/$250k max deposit, additional deposits throughout the term, one penalty-free withdrawal per calendar month. Availability: Market area is five north central
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