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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 months1 $2,500 $2,500 5.00% 5.06%
9 months1 $2,500 $2,500 5.00% 5.03%
12 months2 $2,500 $2,500 4.50% 4.50%
24 months2 $2,500 $2,500 3.50% 3.50%

* APY is annual percentage yield. Rates are effective as of 03/04/2024 and subject to change at any time. A penalty may be imposed for early withdrawal.
1  Interest paid at maturity. 2Compounds annually.


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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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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.
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Certificate of Deposit Calculator

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

Use this calculator to look at a variety of possible loans. Change your monthly payment, loan amount, interest rate or term.
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Business Debt Consolidation Calculator

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