Nonprofit Banking Solutions

Get Your $1,000 Donation

Stearns Bank donates up to $1,000 to nonprofit organizations that maintain a Nonprofit Banking Solution account for a full 12 months, with a $250 donation following each 12-month period. Subject to change at any time.

Customer Referral Program

We want to help those in your network reach their financial goals, too. Refer those in your network to us and you can earn a $250 donation.

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Nonprofit Impact Checking

Nonprofit Impact Deposit accounts offers the same great benefits of your Nonprofit Banking Solutions account:

Donation up to $1,000 to your nonprofit organization that maintains a Nonprofit Banking Solution account for a full 12 months, with $250 donation following each 12-month period
Dedicated Nonprofit team
Knowing what your money is being used towards, sustainable energy, affordable housing, and so much more.

Ready to do greater good?

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Account Features

Increase your impact with the checking account that features dozens of free services, reduced or waived fees, and high yields on your deposits.

With the convenience of online and mobile banking, you and your team can manage accounts remotely from anywhere, at any time.

Do More Good

High-yield interest-bearing accounts
Free unlimited same-day & next-day ACH origination
Free unlimited incoming wires
Free outgoing wires (one free per day, when initiated through online/mobile banking)
Free* international wires (five free per month, when initiated through online/mobile banking)
Free unlimited mobile deposits
Free auto cash sweeps (auto transfers between Stearns Bank accounts)
Free unlimited Bill Pay
Positive Pay (check fraud protection)

Save On Fees

No hidden fees
No maintenance fees
No inactivity fees
No statement fees, with free monthly eStatements
Free checks
Fee-free nationwide ATM network
Fee-free financial wellness tools
Free remote deposit capture
No minimum balance requirements
Unlimited number of accounts - no fees for added accounts
Free basic Autobooks for donor invoicing

*Account will be charged the $40 international wire fee for each international wire request initiated through online/mobile banking, and upon monthly statement date, account will automatically receive a refund for up to 5 online/mobile banking international wire fees charged during statement period.

(International wires - $40 when initiated via online banking, all other channels $80)

Interest Rates

Earn interest on any balance

0.25% APY* if balance is $24,999.99 or less. A balance of $0.01 is needed to earn the APY.
0.50% APY* if balance is $25,000 to $49,999.99
1.00% APY* if balance is $50,000 or more

Diamond Cash Rewards

0.10% cash rewards on EVERY debit card purchase, deposited to the account monthly**

* APY is annual percentage yield. Rates are accurate as of 4/1/2026 and subject to change at any time, including after account opening. Fees may reduce earnings.

** Earn up to $500 per month. Pending and preauthorized debit card transactions do not earn cash rewards until the final transaction posts to the account. Cash rewards rate effective 4/1/2026 and subject to change at any time.

Impact Deposit Promotional Offer

12-Month Promotional 1.00% APY**

**Impact Nonprofit checking promotion. 12-month APY of 1.00% and 12-month interest rate of 1.00% on new Impact Nonprofit checking accounts opened between April 22, 2026, and July 22, 2026. A balance of $0.01 is needed to earn the APY. Twelve-months after account opening, the APY and interest rate will return to the standard tier rates in effect at that time. Applicable checking account types are: Impact Nonprofit checking. APY is annual percentage yield. Rates are accurate as of April 22, 2026, and subject to change at any time, including after account opening. Fees may reduce earnings.

Nonprofit Lending Solutions

Stearns Bank empowers change by offering nonprofits more ways to access capital. We understand that funding has the potential to amplify your influence, which is why we deliver creative lending options and guidance throughout the entire process.

Commercial Real Estate

Build and grow. We can help you achieve your vision to create physical spaces that support your mission.

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Equipment Financing

If vehicles and other equipment are vital to keeping your influence rolling, rely on our speed and efficiency.

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Operating Lines of Credit

A nonprofit line of credit can be used for short-term expenses, working capital, or until grants are received.

Empower Your Mission

Fuel your nonprofit's purpose with a Stearns Bank credit card.

Earn cashback on expenses, simplify tracking, and maximize funds — everything you need to further your mission.

Discover How

Nonprofit Banking Specialists

John Erickson

AVP, Nonprofit & Specialty Lender

320-650-2395

Get in Touch