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 Deposit |
Minimum Balance to Obtain APY* |
Interest Rate | APY* |
12 months | $2,500 | $2,500 | 1.85% | 1.85% |
24 months | $2,500 | $2,500 | 1.95% | 1.95% |
*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 Dec. 2, 2019. Member FDIC

Resources
Mutual Respect Creates Strong Financing Relationship For Landscaping Business
personal banking
02/07/2019
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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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