Earn 2.60% APY On A 3-Year CD

Are you looking for a competitive interest rate on CDs (Certificates of Deposit)? Let our rates work for you!

Stearns Bank is offering 2.60% Annual Percentage Yield (APY) on a 3-year CD with a minimum deposit of $2,500. Maximize your deposit and watch your money grow with Stearns Bank!

American Banker and Independent Banker magazines recognized Stearns Bank as the No. 1 performing bank in the nation in 2017. At Stearns Bank, We Get The Job Done!

CD Rates
April 2, 2018

Certificates of Deposit¹ Minimum Opening
Deposit
Minimum Balance
to Obtain APY³
Interest Rate APY
3 month $2,500 $2,500 1.00% 1.00%
5 month $2,500 $2,500 1.00% 1.00%
6 month $2,500 $2,500 1.25% 1.25%
7 month $2,500 $2,500 1.25% 1.25%
8 month $2,500 $2,500 1.25% 1.25%
9 month $2,500 $2,500 1.50% 1.50%
10 month $2,500 $2,500 1.50% 1.50%
11 month $2,500 $2,500 1.50% 1.50%
12 month $2,500 $2,500 2.00% 2.00%
18 month Trade-a-Rate $2,500 $2,500 2.15% 2.16%
24 month $2,500 $2,500 2.35% 2.35%
3 year $2,500 $2,500 2.60% 2.60%
4 year $2,500 $2,500 2.65% 2.65%
5 year $2,500 $2,500 2.65% 2.65%

Available at Minnesota, Arizona and Florida locations

Jumbo Certificates
of Deposit¹
Minimum
Opening Deposit
Minimum Balance
to Obtain APY³
Interest Rate APY
3 year $90,000 $90,000 2.60% 2.60%
4 year $90,000 $90,000 2.65% 2.65%
5 year $90,000 $90,000 2.65% 2.65%

Jumbo CDs are not automatically renewable.

Personal Checking and Savings Minimum
Opening
Deposit
Minimum Avg
Daily Balance
to Avoid
Monthly Fee
Minimum Balance
to Obtain APY
Interest Rate APY
NOW Checking² $50 $500⁴ $.01³ 0.50% 0.50%
Stearns 55+ NOW Checking² $50 $500⁴ $.01³ 0.50% 0.50%
Personal Savings² $50 $50⁴ $.01³ 0.50% 0.50%
Holiday Savings¹ ² $50 $0 $.01³ 1.00% 1.01%
IRA Savings² $50 $0 $.01³ 1.00% 1.01%
Stearns Select Money Market² $50 $1,000⁴ $.01 - $24,999.99 0.50% 0.50%
      $25,000-$89,999.99 0.75% 0.75%
      $90,000 and up 1.00% 1.01%

  1. A penalty will be imposed for early withdrawal.
  2. The interest rate and annual percentage yield may change after account opening.
  3. Daily balance: The amount of the principal in the account each day.
  4. Average daily balance: Calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.

Fees could reduce the earnings on the account.
Interest Rates and Annual Percentage Yields are current as of April 2, 2018.
Rates are subject to change at any time.

Member FDIC

Visit your local Stearns Bank location,
or give us a call:

Minnesota

St. Cloud
320-253-6607

Albany
320-845-2151

Pine City
320-629-6713

North Branch
651-277-2265

Holdingford
320-746-2261

Upsala
320-573-2111

Florida

Sarasota
941-929-9000

Venice
941-497-6660

St. Petersburg
727-521-1000

Arizona

Scottsdale
480-314-4200

All other locations nationwide

888-280-4922 (toll-free)
320-253-6607