Limited-Time SBA Loan Savings
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We're celebrating small businesses with special savings on SBA loans closed by the end of 2023. Qualify May 1 – June 30, 2023.

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Maximize your earning potential with accounts designed to help your business. At Stearns Bank, we deliver highly competitive rates, convenient access, extended FDIC protection, and people who are always ready to assist you.
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We serve customers nationwide, but we’re proud to be named “Best Bank” and “Best Ag Lender” in our home state of Minnesota, two years in a row, by readers of the Star Tribune. |
We're celebrating small businesses with special savings on SBA loans closed by the end of 2023. Qualify May 1 – June 30, 2023.
With a BusinessSmart™ market savings account, you can enjoy some of the best rates on the market. Our account is designed to help businesses grow their savings faster, without sacrificing accessibility or flexibility.
Whether you're saving for a rainy day, planning for a major purchase, or simply looking to maximize your returns, our market savings account has everything you need. Plus, with our industry-leading rates, you can feel confident knowing that your money is working hard for you.
Business Savings Rates:Looking for a checking account that works as hard as your business does? Look no further than BusinessSmart™ checking! With no minimum balance requirements or hidden fees to worry about, and a suite of business-focused services like Autobooks at your fingertips, you can focus on what really matters - growing your business.
For businesses with higher account balances and transaction fees, BusinessEssentials™ checking is the ultimate solution. With its array of advantages, including unlimited ACH transactions and incoming wires, and zero maintenance fees, this checking account is the perfect fit for your growing enterprise.Diamond Cash Rewards: 0.10% cash rewards on EVERY debit card purchase, deposited to the account monthly**
* APY is annual percentage yield. Rates are accurate as of 03/23/2023 and subject to change at any time, including after account opening. Fees may reduce earnings. ** Earn up to $500 per month. Pending and preauthorized debit card transactions do not earn cash rewards until the final transaction posts to the account. Cash rewards rate effective 03/23/2023.
Learn MoreBy investing in Certificates of Deposits (CDs) with extraordinary rate and term options, your business can secure its financial future with confidence. With guaranteed returns and flexible maturity periods, CDs provide a low-risk investment option with high rewards.
Term | Interest Rate | APY* |
6 months** | 5.00% | 5.06% |
12 months | 5.00% | 5.00% |
18 months | 5.00% | 5.02% |
24 months | 3.25% | 3.25% |
* APY is annual percentage yield. Rates are effective as of 03/23/2023 and subject to change at any time. A penalty may be imposed for early withdrawal.
** Semi-Annual Compounding.
In business, and in life, saving for the unexpected and for the next big goal is essential. Prepare your business and protect your personal savings with an FDIC-insured BusinessSmart market savings account. It earns interest, has no hidden fees and no minimum balance.
See our blog: 5 Reasons to Separate Your Savings Accounts
Adaptability and accessibility matter more than ever. Make cash flow simple and successful with an FDIC-insured BusinessSmart™ checking account. It moves with your business, earns interest and cash back, and has no hidden fees.
Say goodbye to the fees of traditional business checking. Designed for your high-balance or transaction-heavy business.
*The $20 monthly statement credit is conditioned upon the $25,000 average minimum monthly balance being satisfied and is available for the first 36 months after account opening. Available to new BusinessEssentials checking account customers that also open a new equipment finance or loan contract between 02/01/2023 and 06/30/2023.
**Based on average monthly balance per business account. Deposits held in a different name from the business or by a different business entity cannot be aggregated to satisfy the minimum balance requirement. We total the average monthly balance by adding the average daily balances (calculated by totaling the balances in your account at the end of each day for the statement period), divided by the number of days in the statement period. If business customer does not satisfy the average monthly minimum balance of $25,000, a flat monthly fee of $100 shall apply.
Setting money aside today has its long-term benefits. An FDIC-insured CD with simple term options can maximize your business deposits. Watch interest grow over the life of the CD with the innovative StearnsConnect online banking service.
See our blog: CDs vs. Savings Accounts: Which One Is Right For You?
Cash management tools make it easier for your customers to do business with you. Make them happy, repeat customers by offering them convenient payment options like remote deposit, ACH transactions, wire transfers, mobile deposits and Bill Pay.
See our blog: Merchant Services Deliver on Convenience and Security
Autobooks is an online service that makes it easy for customers to pay you and efficiently manage your accounts receivable.
Send yourself a sample invoice, schedule a 10-minute demo and more.
The thinkers, movers and changers across the United States continue making the world more connected and productive. Through start-ups, acquisitions, remodels, expansions and so much more, we're proud to be part of your success story.
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