One of the highest concentrations of talent & banks in a major metropolitan area.
Minnesota’s financial services include banking, insurance, and securities and financial investment services. With over 142,600 workers, 378 commercial banks and the highest regional growth rate (deposits at commercial banks) at 175% from 2004-2014, Minneapolis-Saint Paul has one of the highest concentrations of talent and banks in a major metropolitan area.
|Top companies for banking, portfolio management and related services|
|US Bank||Wells Fargo||Twin Cities Federal||AgriBank Farm Credit Union|
|Fair Isaac||BMO Harris||Bremer Financial Group||MoneyGram International|
|Wells Fargo Wealth Management Group||RBC Wealth Management Group||Ernst & Young||PwC|
|Deloitte||Securian Financial Group||Ameriprise Financial||Thrivent Financial|
|Allianz of North America||Western National Mutual||Health Partners||UnitedHealth Group|
Greater MSP region is home to the Ninth District of the Federal Reserve Bank. Recently, Ex-IM bank opened a regional export finance center in Minneapolis in an effort to provide global access for small businesses.
Recently Minnesota ranked sixth nationwide in venture capital investment per capita, largely surpassing other states with large economies such as New York, Texas and Illinois. The booming medical device industry in Minnesota has attracted nearly $290 million, or 59 cents of every venture capital investment in the state. Other sectors receiving large venture capital investment include industry and energy and retailing and distribution.
MSP academic institutions partner actively with industry experts to train the next generation of workers. Minnesota’s more than 33 colleges and universities recently granted over 13,225 degrees in business, management and marketing and over 140,000 current employees received customized training. Minnesota is renowned for its quality of education ensuring a prosperous future for your business.