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Certificates of Deposit (CDs)

CD terms and rates built to hit goals

Need to tuck your money away for a bit, while also earning competitive fixed rates?
CDs can help you achieve more.


Standard CD Terms and Rates

Term Minimum Opening
Minimum Balance
to Obtain APY*
Interest Rate APY*
 6 months** $2,500 $2,500 5.00% 5.06%
12 months $2,500 $2,500 5.00% 5.00%
18 months $2,500 $2,500 5.00% 5.02%
24 months $2,500 $2,500 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.

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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.

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