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

PNC Offers High Yield Savings Account, 2.20% APY
Deal Summary: PNC High Yield Savings, 2.20% APY on balances of $1 and above. Availability: Areas of U.S. outside of PNC’s branch footprint (based on zip code) PNC, the sixth
PNC Bank 2.20% High Yield Account
2.20% high yield savings, $2000 in credit card funding allowed. Or, if you have a PNC Virtual Wallet Growth account you get 2.25% if you qualify for the relationship tier,
First Federal Savings Bank (IN) Adds 11-Month CD Special, 2.78% APY
Deal Summary: 11-month CD Special, 2.78% APY, $500 minimum deposit. Availability: Market area is five north central Indiana counties. Earlier this week, First Federal Savings Bank (First Federal) unveiled an
Chemical Bank (MI/OH/IN) Adds 17-Month CD Special, 2.75% APY
Deal Summary: 17-month CD Special, 2.75% APY, $100 minimum deposit, $1.5 million maximum deposit per household, new money. Availability: Market area includes Michigan’s Lower Peninsula, northeast and central Ohio, and
2.75% 17 Month CD Special In Parts Of Michigan, Ohio And Indiana
Chemical Bank has another Fall CD special 2.75% APY 17 Month Minimum Deposit: $100.00 Maximum Deposit per household: $1,500,000.00 No online or US Mail accounts accepted https://www.chemicalbank.com/CD-Special
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