Skip to content

CD & Account Rates

Rate Sheet ~ June 3, 2016

The Annual Percentage Yield (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.

Certificates of Deposit Min. Opening
Deposit
Min. Balance to obtain APY Interest Rate APY
3 month¹ $2,500 $2,500² 0.30% 0.30%
5 month¹ $2,500 $2,500² 0.30% 0.30%
6 month¹ $2,500 $2,500² 0.40% 0.40%
7 month¹ $2,500 $2,500² 0.40% 0.40%
8 month¹ $2,500 $2,500² 0.45% 0.45%
9 month¹ $2,500 $2,500² 0.45% 0.45%
10 month¹ $2,500 $2,500² 0.45% 0.45%
11 month¹ $2,500 $2,500² 0.45% 0.45%
12 month¹ $2,500 $2,500² 0.55% 0.55%
18 month Trade-a-Rate¹ $2,500 $2,500² 0.80% 0.80%
24 month¹ $2,500 $2,500² 0.85% 0.85%
3 year¹ $2,500 $2,500² 1.20% 1.20%
4 year¹ $2,500 $2,500² 1.40% 1.40%
5 year¹ $2,500 $2,500² 1.70% 1.70%
Jumbo Certificates of Deposit Min. Opening Deposit Min. Balance to obtain APY Interest Rate APY
3 year¹ $90,000 $90,000² 1.20% 1.20%
4 year¹ $90,000 $90,000² 1.40% 1.40%
5 year¹ $90,000 $90,000² 1.70% 1.70%

Jumbo CDs are not automatically renewable.

Account Product Name Min. Opening Deposit Min. Balance to obtain APY Interest Rate APY
Business Savings3 $50 $.012 0.25% 0.26%
Stearns Select Money Market3 $50 $.01-$24,999.992 0.10% 0.10%
  $25,000-$89,999.992 0.20% 0.20%
  $90,000 and up2 0.30% 0.30%
  1. A penalty will be imposed for early withdrawal.
  2. Daily Balance is the amount of the principal in the account each day.
  3. The interest rate and annual percentage yield may change after account opening.

Fees could reduce the earnings on the account. Interest rates and APY are subject to change at any time.
For complete account guidelines, contact your local bank.