Check the reach of MN banks as those in other states

If you conduct business not only in Minnesota but across multiple states, your bank must be able to service your needs in all your business locations. Larger banks in Minnesota have the convenience of branches in most major cities, which is an advantage to your expanding business, or if you travel for business.

I recommend: Wells Fargo is a reputable national bank with a strong Minnesota presence. Check out their small business or commercial services. US Bank is also a full-service bank option.

Consider Minnesota local banks for personal service

Regional banks in Minnesota provide personal service, as well as intimate knowledge of the community and the local economy. However, where they excel in customer service, they may not be able to provide the best interest rates or range of services, so be sure to ask the right questions.

I recommend: Bremer Bank has a small business focus, and regional offices in neighboring states. Another reputable local bank is First National Bank of the Lakes.

Take advantage of online services to save time and money when banking in Minnesota

Most banks in Minnesota, including local banks, provide their services online. This saves you time, money and possibly bank fees. You can check accounts, run reports or pay bills online, which will pay off in the long run.

I recommend: Wells Fargo offers online bill paying services with robust options such as spending reports, check images online and mobile phone services, to keep your business on track.