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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.

 

NEW CD Terms and Rates - Limited Time Only

Term Minimum Opening
Deposit
Minimum Balance
to Obtain APY*
Interest Rate APY*
 3 months1 $2,500 $2,500 5.25% 5.35%
9 months1 $2,500 $2,500 5.25% 5.28%

* APY is annual percentage yield. Rates are effective as of 01/08/2024 and subject to change at any time. Limited time offer. A penalty may be imposed for early withdrawal. 1Compounding at maturity.

 

Standard CD Terms and Rates

Term Minimum Opening
Deposit
Minimum Balance
to Obtain APY*
Interest Rate APY*
 6 months1 $2,500 $2,500 5.25% 5.32%
12 months1 $2,500 $2,500 5.00% 5.00%
24 months2 $2,500 $2,500 3.25% 3.25%

* APY is annual percentage yield. Rates are effective as of 01/08/2024 and subject to change at any time. A penalty may be imposed for early withdrawal.
1 Compounding 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.

Contact a Business Banking Expert

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