Rate Sheet ~ April 2nd, 2014

Annual Percentage Yield (APY) ~ The APY disclosed and the APY printed may be different. In accordance with Reg DD the APY is considered accurate if no more than one-twentieth of one percentage point above or below the disclosed APY. Offered to local customers only in Minnesota, Arizona, Florida and Georgia.

Account

Minimum Opening
Deposit
Minimum Balance to obtain APY Interest Rate APY*
3 month CD* $2,500 $2,500** 0.25% 0.25%
5 month CD* $2,500 $2,500** 0.25% 0.25%
6 month CD* $2,500 $2,500** 0.30% 0.30%
7 month CD* $2,500 $2,500** 0.30% 0.30%
8 month CD* $2,500 $2,500** 0.35% 0.35%
9 month CD* $2,500 $2,500** 0.35% 0.35%
10 month CD* $2,500 $2,500** 0.35% 0.35%
11 month CD* $2,500 $2,500** 0.35% 0.35%
12 month CD* $2,500 $2,500** 0.50% 0.50%
18 month Trade-a-Rate CD* $2,500 $2,500** 0.80% 0.80%
24 month CD* $2,500 $2,500** 0.70% 0.70%
3 year CD* $2,500 $2,500** 1.05% 1.05%
4 year CD* $2,500 $2,500** 1.35% 1.35%
5 year CD* $2,500 $2,500** 1.75% 1.75%

Local Jumbo CDs - Not Automatically Renewable

Account

Minimum Opening
Deposit
Minimum Balance to obtain APY Interest Rate APY
3 year Jumbo CD* $90,000 $90,000** 1.05% 1.05%
4 year Jumbo CD* $90,000 $90,000** 1.35% 1.35%
5 year Jumbo CD* $90,000 $90,000** 1.75% 1.75%

Checking, Savings, & Money Market Accounts

Account

Minimum Opening
Deposit
Minimum Balance to obtain APY Interest Rate APY*
NOW Account¹ $50 $500² 0.25% 0.26%
Business Savings¹ $50 $50² 0.25% 0.25%
Stearns Select Money Market¹
              Daily Balances of:
 
 
up to $24,999.99 0.10% 0.10%
$25,000 - $89,999.99 0.20% 0.20%
$90,000 and up 0.30% 0.30%

View Home Loan Rates

 

*  A penalty will be imposed for early withdrawal.
** Daily Balance. Is the amount of the principal in the account each day.
¹  The interest rate and annual percentage yield may change after account opening.
²  Average daily balance. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.

Fees could reduce the earnings on the account. Interest rates and Annual Percentage Yields are current as of April 2nd, 2014. Rates are subject to change at any time.
For complete account guidelines, contact your local bank.