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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
Deposit
Minimum Balance
to Obtain APY*
Interest Rate APY*
12 months** $2,500 $2,500 1.25% 1.25%
24 months** $2,500 $2,500 2.08% 2.08%
 48 months**  $2,500  $2,500  2.25%  2.25%

* APY is annual percentage yield. Rates are effective as of 06/22/2022 and subject to change at any time.
** A penalty may be imposed for early withdrawal


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