Rate Sheet ~ February 3rd, 2016

The Annual Percentage Yield (APY) disclosed and the APY printed may be different. In accordance with Reg DD, the APY is considered accurate if no more than one-twentieth of one percentage point above or below the disclosed APY. Offered to local customers only in Minnesota, Arizona, Florida and Georgia.

Certificates
of Deposit

Min. Opening
Deposit
Min. Balance
to obtain APY
Interest
Rate
APY
3 month¹ $2,500 $2,500² 0.30% 0.30%
5 month¹ $2,500 $2,500² 0.30% 0.30%
6 month¹ $2,500 $2,500² 0.40% 0.40%
7 month¹ $2,500 $2,500² 0.40% 0.40%
8 month¹ $2,500 $2,500² 0.45% 0.45%
9 month¹ $2,500 $2,500² 0.45% 0.45%
10 month¹ $2,500 $2,500² 0.45% 0.45%
11 month¹ $2,500 $2,500² 0.45% 0.45%
12 month¹ $2,500 $2,500² 0.55% 0.55%
18 month Trade-a-Rate¹ $2,500 $2,500² 0.80% 0.80%
24 month¹ $2,500 $2,500² 0.85% 0.85%
3 year¹ $2,500 $2,500² 1.20% 1.20%
4 year¹ $2,500 $2,500² 1.40% 1.40%
5 year¹ $2,500 $2,500² 2.00% 2.00%

Jumbo Certificates
of Deposit

Min. Opening
Deposit
Min. Balance
to obtain APY
Interest
Rate
APY
3 year¹ $90,000 $90,000² 1.20% 1.20%
4 year¹ $90,000 $90,000² 1.40% 1.40%
5 year¹ $90,000 $90,000² 2.00% 2.00%

Jumbo CDs are not automatically renewable

Account
Product Name

Min. Opening
Deposit
Min. Balance
to obtain APY
Interest
Rate
APY
NOW Checking³ $50 $.01²     0.25% 0.26%
Stearns 55+
NOW Checking³
$50 $.01² 0.25% 0.26%
Personal Savings³ $50 $.01² 0.25% 0.26%
Holiday Savings¹ ³ $50 $.01² 0.50% 0.50%
Stearns Select
Money Market³
 
 
$50
 
 
$.01-$24,999.99² 0.10% 0.10%
 $25,000-$89,999.99² 0.20% 0.20%
 $90,000 and up² 0.30% 0.30%

 

¹  A penalty will be imposed for early withdrawal.
²  Daily Balance is the amount of the principal in the account each day.
³  The interest rate and annual percentage yield may change after account opening.

Fees could reduce the earnings on the account. Interest rates and APY are subject to change at any time.
For complete account guidelines, contact your local bank.