5.49 Financial - Banking

Whether you choose to open a local bank account or continue to bank where you have in the past is an individual decision, just as what you are seeking in a bank is a personal choice. Macalester can do direct deposit for student payroll to banks in the United States; some banks accept deposits via smartphones. There are many options. Because most local businesses accept debit or credit cards, some students keep previously held accounts, use this option, and get cash back when making purchases in order to have some money on hand. There is one Automatic Teller Machine (ATM) in the lower level of the Campus Center: U.S. Bank. Fees for transactions at this ATM will vary.

This information is provided to help you find what's available locally so that you can compare and decide what is best for you. Area banks within a three mile radius of campus are listed below alphabetically, along with links to their websites. Most of these banks will allow you to open an account online. In order to do so, you will need:

  • to be at least 18 years of age (or to have a joint account holder who is 18 or older) and
  • to be a legal resident of the United States.

If you choose to open an account online, you need to have the following information on hand:

  • Social Security Number and
  • A driver's license, state ID or military ID for each applicant. (NOTE: International students will have the opportunity to open a bank account as a part of the Pre-Orienation for International Students.)

Anchor Bank
1570 Concordia Ave, St Paul
(651) 747-2900

0.8 miles from campus

 

Associated Bank    
176 N Snelling Ave, St Paul
(651) 646-8681 or toll free (800) 236-8866

0.6 miles from campus

 

Bank Cherokee
985 Grand Avenue, St. Paul
(651) 292-9200

1.3 miles from campus

 

Coulee Bank
742 Grand Avenue, St. Paul
(651) 698-8100 or toll free (866) 784-9550

1.8 miles from campus

 

Sunrise Banks
2171 University Ave West, St. Paul
(651) 265-5600

2.3 miles from campus

 

TCF Bank
1440 University Ave West, St. Paul
(800) TCF-BANK

1.14 miles from campus (in Cub Foods)

 

 US Bank
1071 Grand Ave, St. Paul
(651) 229-6123

1.1 miles from campus; ATM  located in the Campus Center

 

Wells Fargo Bank
1827 Grand Ave, St. Paul
(651) 205-5480 or toll free (800) 869-3557

 0.5 miles from campus.