Skip to content

Branch lobbies temporarily closed - access by appointment only. See drive-up hours on our Locations/ATM page.

Certificates of Deposit (CDs)

A certificate of deposit, or CD, is a safe and secure short-term investment, insured by the FDIC. CDs are a perfect place to deposit funds for a limited time at a guaranteed return. CDs are an important part of a diversified investment strategy for reaching your financial goals.

Terms and Rates

Grow your savings with a Stearns Bank CD:

Certificates of Deposit Minimum Opening
Minimum Balance
to Obtain APY*
Interest Rate APY*
12 months $2,500 $2,500 0.40% 0.40%
24 months $2,500 $2,500 0.50% 0.50%

*APY is Annual Percentage Yield and is subject to change without notice. A penalty may be imposed for early withdrawal. Fees could reduce the earnings on the account. Interest rates and APYs are accurate as of May 19, 2020. Member FDIC

Contact a Personal Banker


Protecting Yourself While Working From Home

Read More

How Automatic Payments Can Benefit Your Small Business

Read More

9 Easy Money Moves To Make Today

Read More

Ways Business Owners Can Use Digital Banking To Their Advantage

Read More

Certificate of Deposit Calculator

Use this calculator to find out how much interest you can earn on a Certificate of Deposit (CD).
View Calculator

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
Contact a Personal Banker
Connect with Customer Service