Skip to content

Certificates of Deposit (CDs)

Things are looking up – including our CD rates

Saving for what matters to you has become more important than ever. It’s time to put your big plans back on the table, and reach them faster with competitive CD rates.

New CD Terms and Rates – Limited Time Only

Term Minimum Opening
Deposit
Minimum Balance
to Obtain APY*
Interest Rate APY*
36 months*** $2,500 $2,500 0.70% 0.70%
48 months*** $2,500 $2,500 0.80% 0.80%
60 months*** $2,500 $2,500 0.90% 0.90%

* APY is annual percentage yield. Rates are effective as of 5/24/2021 and subject to change at any time.
Limited time offer.

Standard CD Terms and Rates

Term Minimum Opening
Deposit
Minimum Balance
to Obtain APY**
Interest Rate APY**
12 months*** $2,500 $2,500 0.55% 0.55%
24 months*** $2,500 $2,500 0.65% 0.65%

** APY is annual percentage yield. Rates are effective as of 5/24/2021 and subject to change at any time.
*** A penalty may be imposed for early withdrawal


Contact a Business Banking Expert
BusinessSmart checking and market savings from Stearns Bank

Banking That Pays

Checking and savings accounts

Reach your business checking and savings goals faster with simple, smart and rewarding BusinessSmart™ accounts. Earn interest and cash back with the convenience of online and mobile banking.

Contact a Business Banking Expert

Resources

Finding Payment Systems To Help Your Customers Pay Your Business

10/14/2021
Read More

Staying Ahead Of Small Business COVID-19 Scams

09/30/2021
Read More

Stearns Bank, Skalicky Collaborate On OCC's Project REACh

08/18/2021
Read More

Good Habits for Secure Online Banking

08/12/2021
Read More

Break Even Analysis Calculator

The break even analysis calculator is designed to demonstrate how many units of your product must be sold to make a profit.
View Calculator

Business Debt Consolidation Calculator

Should you consolidate your debt? This calculator is designed to help determine if debt consolidation is right for you.
View Calculator

Certificate of Deposit Calculator

Use this calculator to find out how much interest you can earn on a Certificate of Deposit (CD).
View Calculator

Commercial Loan Calculator

Use this calculator to estimate your debt service coverage with a new commercial loan.
View Calculator
Contact a Business Banking Expert
Connect with Customer Service