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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*
 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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Resources

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.
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.
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