Minnesota Best CD Rates September 2026
Content reviewed by
Brian McKay
iEditorial Disclosure
Brian McKay
Brian McKay
Founder & Data ArchitectExpertise
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Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
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Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
Current Minnesota CD rates include PSB of PlainviewPSB of Plainview100 4th Ave Se, Plainview, MN 55964A-4.7 ★Texas Ratio: 9.93%Real return: +1.83%APY minus CPI (February 2026) offering 12 Month Certificate at 4.63% APY, Cornerstone State BankCornerstone State Bank500 Main St, Madison Lake, MN 56063A5.0 ★Texas Ratio: 6.12%Real return: +1.75%APY minus CPI (February 2026) offering IRA 36-48 month C.D. at 4.55% APY, Nicolet BankNicolet Bank706 N Walnut St, Chaska, MN 55318A+5.0 ★Texas Ratio: 3.26%Real return: +1.55%APY minus CPI (February 2026) offering Relationship CD - 60 Month at 4.35% APY, First Independent Bank Russell, MNFirst Independent Bank Russell, MN300 Front St, Russell, MN 56169A+5.0 ★Texas Ratio: 1.00%Real return: +1.53%APY minus CPI (February 2026) offering 24-Month | Fixed at 4.33% APY, and Heritage Bank MinnesotaHeritage Bank Minnesota181 Main St, West Concord, MN 55985A-4.4 ★Texas Ratio: 8.07%Real return: +1.36%APY minus CPI (February 2026) offering 3 Month Fixed CD at 4.16% APY. CD rates as of September 9, 2026 according to verified data from MonitorBankRates.
Use the tables below to compare CD rates across all terms in Minnesota side-by-side. Minnesota CD rates currently reach as high as 4.63% APY from PSB of Plainview at 100 4th Ave Se, Plainview, MN 55964. Rates are continually updated, so we recommend checking back frequently.
The Annual Percentage Yields (APYs) displayed reflect actual verified offers from top-rated institutions. Rates are subject to change at the institution's discretion without notice and may depend on your initial funding amount. A substantial penalty may be imposed for early withdrawal, which could reduce earnings on the account. CD Rates Last Updated and Verified: September 9, 2026
Compare Best CD Rates in Minnesota
Minnesota 3 Month CD Rates
MonitorBankRates National Average · 3 Month CD1.99% APY▲ 0.01% from last week
The national average 3-month CD rate is 1.99% APY as of September 10, 2026. Figures are compiled by MonitorBankRates from more than 8,500 U.S. banks and credit unions.
Source: Verified CD Rate Data provided by MonitorBankRates
Institution
Product
Min Deposit
APY
Profile
Heritage Bank Minnesota
Institution Rating:
A-4.4 ★Texas Ratio: 8.07%
181 Main St, West Concord, MN 55985
3 Month Fixed CD
$250
4.16%
▲ 2.17% above national avg
▼
Rate4.10%
Min Deposit$250
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 2.17% above avg
Details
EARLY WITHDRAWAL PENALTIES (Minimum $25): 91 Days Interest
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
3 Months Certificate
$0
3.91%
▲ 1.92% above national avg
▼
Rate3.85%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 1.92% above avg
Details
Interest At Maturity
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
3 Months Certificate
$0
3.85%
▲ 1.86% above national avg
▼
Rate3.80%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 1.86% above avg
Details
Interest At Maturity
KodaBank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
398 Pacific Ave, Stephen, MN 56757
3 Month CD Special
$0
3.80%
▲ 1.81% above national avg
▼
Rate3.75%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 1.81% above avg
Details
KodaBank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
398 Pacific Ave, Stephen, MN 56757
3 Month CD Special
$0
3.70%
▲ 1.71% above national avg
▼
Rate3.65%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 1.71% above avg
Details
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
3 Month (91 Day) CD
$0
3.60%
▲ 1.61% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 1.61% above avg
Details
Maturity
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
Business 3 Month CD
$0
3.60%
▲ 1.61% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 1.61% above avg
Details
Payment Frequency: Maturity
KodaBank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
398 Pacific Ave, Stephen, MN 56757
3 Month CD Special
$0
3.60%
▲ 1.61% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 1.61% above avg
Details
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
3 Months Certificate
$0
3.55%
▲ 1.56% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 1.56% above avg
Details
Interest At Maturity
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
3 Month (91 Day) CD
$0
3.55%
▲ 1.56% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 1.56% above avg
Details
Maturity
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
Business 3 Month CD
$0
3.55%
▲ 1.56% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 1.56% above avg
Details
Payment Frequency: Maturity
Luminate Bank
Institution Rating:
B-4.3 ★Texas Ratio: 23.75%
2523 South Wayzata Boulevard, Minneapolis, MN 55405
3 Month Certificate
$500
3.55%
▲ 1.56% above national avg
▼
Rate3.55%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 1.56% above avg
Details
VisionBank Saint Louis Park, MN
Institution Rating:
B4.4 ★Texas Ratio: 21.92%
3059 Joppa Ave S, Saint Louis Park, MN 55416
3 Month Certificate of Deposit
$0
3.50%
▲ 1.51% above national avg
▼
Rate3.45%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 1.51% above avg
Details
Luminate Bank
Institution Rating:
B-4.3 ★Texas Ratio: 23.75%
2523 South Wayzata Boulevard, Minneapolis, MN 55405
3 Month Certificate
$500
3.50%
▲ 1.51% above national avg
▼
Rate3.50%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 1.51% above avg
Details
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
3 Months Certificate
$0
3.29%
▲ 1.30% above national avg
▼
Rate3.25%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 1.30% above avg
Details
Interest At Maturity
Bank Forward
Institution Rating:
A5.0 ★Texas Ratio: 6.75%
106 6th St S, Walker, MN 56484
3 Month Certificate
$500
3.25%
▲ 1.26% above national avg
▼
Rate3.21%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 1.26% above avg
Details
Ameriprise Financial
Institution Rating:
B+3.8 ★Texas Ratio: 0.33%
901 3rd Avenue South, Minneapolis, MN 55402
3 months
$0
3.10%
▲ 1.11% above national avg
▼
Rate3.06%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 1.11% above avg
Details
New Purchases
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.26%
706 N Walnut St, Chaska, MN 55318
Relationship CD - 3 Month
$0
3.05%
▲ 1.06% above national avg
▼
Rate3.02%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 1.06% above avg
Details
Ameriprise Financial
Institution Rating:
B+3.8 ★Texas Ratio: 0.33%
901 3rd Avenue South, Minneapolis, MN 55402
3 months
$0
3.00%
▲ 1.01% above national avg
▼
Rate2.96%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 1.01% above avg
Details
New Purchases
Gateway Bank Mendota Heights, MN
Institution Rating:
A+5.0 ★Texas Ratio: 0.01%
745 Market St, Mendota Heights, MN 55118
3 Month
$0
3.00%
▲ 1.01% above national avg
▼
Rate2.97%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 1.01% above avg
Details
Gate City Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.77%
2929 20th St S, Moorhead, MN 56560
3 Month (90 Day) CD
$0
2.90%
▲ 0.91% above national avg
▼
Rate2.87%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 0.91% above avg
Details
Minnesota Power Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.42%
30 W Superior St Ste 126, Duluth, MN 55802 2191
3 month
$0
2.90%
▲ 0.91% above national avg
▼
Rate2.87%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 0.91% above avg
Details
Tiered Term Share Certificates & IRA Certificates $500 Minimum Balance
Ameriprise Financial
Institution Rating:
B+3.8 ★Texas Ratio: 0.33%
901 3rd Avenue South, Minneapolis, MN 55402
3 Months - Relationship
$0
2.75%
▲ 0.76% above national avg
▼
Rate2.71%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 0.76% above avg
Details
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.26%
706 N Walnut St, Chaska, MN 55318
CD - 3 Month
$0
2.75%
▲ 0.76% above national avg
▼
Rate2.72%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 0.76% above avg
Details
American State Bank of Grygla
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
201 Vance Ave S, Erskine, MN 56535
3 MONTH CD
$0
2.67%
▲ 0.68% above national avg
▼
Rate2.65%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 0.68% above avg
Details
CNB of Park Rapids
Institution Rating:
A5.0 ★Texas Ratio: 7.58%
300 1st St W, Park Rapids, MN 56470
3 Month CD
$1,000
2.53%
▲ 0.54% above national avg
▼
Rate2.50%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 0.54% above avg
Details
Northeast Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.75%
77 Broadway St Ne, Minneapolis, MN 55413
3 Month Certificate
$10,000
2.22%
▲ 0.23% above national avg
▼
Rate2.20%
Min Deposit$10,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 0.23% above avg
Details
Compounding and Crediting Frequency: Maturity; Early Withdrawal Penalties: 3 month loss of interest can be taken from principal
Northeast Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.75%
77 Broadway St Ne, Minneapolis, MN 55413
3 Month Certificate
$1,000
2.12%
▲ 0.13% above national avg
▼
Rate2.10%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 0.13% above avg
Details
Compounding and Crediting Frequency: Maturity; Early Withdrawal Penalties: 3 month loss of interest can be taken from principal
First Independent Bank Russell, MN
Institution Rating:
A+5.0 ★Texas Ratio: 1.00%
300 Front St, Russell, MN 56169
3-Month | Fixed
$1,000
2.02%
▲ 0.03% above national avg
▼
Rate2.00%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 0.03% above avg
Details
FNB of Moose Lake
Institution Rating:
A+5.0 ★Texas Ratio: 0.52%
400 Elm Ave, Moose Lake, MN 55767
3 Month CD
$1,000
2.01%
▲ 0.02% above national avg
▼
Rate2.00%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▲ 0.02% above avg
Details
Early Withdrawal Penalty: 1 month
Bankwest
Institution Rating:
A+5.0 ★Texas Ratio: 3.09%
5921 Main St, Rockford, MN 55373
3 Month Certificate
$2,000
1.61%
▼ 0.38% below national avg
▼
Rate1.60%
Min Deposit$2,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▼ 0.38% below avg
Details
PSB of Plainview
Institution Rating:
A-4.7 ★Texas Ratio: 9.93%
100 4th Ave Se, Plainview, MN 55964
3 Month Certificate
$0
1.15%
▼ 0.84% below national avg
▼
Rate1.15%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▼ 0.84% below avg
Details
Ultima Bank Minnesota
Institution Rating:
A+5.0 ★Texas Ratio: 5.52%
9 W Minnesota Ave, Winger, MN 56592
3 Month Certificate
$0
1.15%
▼ 0.84% below national avg
▼
Rate1.15%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▼ 0.84% below avg
Details
Currie State Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.00%
117 S Minnesota Ave, Okabena, MN 56161
3-Month CD
$500
1.00%
▼ 0.99% below national avg
▼
Rate1.00%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▼ 0.99% below avg
Details
Dacotah Bank
Institution Rating:
A5.0 ★Texas Ratio: 12.94%
4 Atlantic Ave, Morris, MN 56267
3 Month CD
$0
0.70%
▼ 1.29% below national avg
▼
Rate0.70%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▼ 1.29% below avg
Details
Ameriprise Financial
Institution Rating:
B+3.8 ★Texas Ratio: 0.33%
901 3rd Avenue South, Minneapolis, MN 55402
3 Months
$0
0.50%
▼ 1.49% below national avg
▼
Rate0.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▼ 1.49% below avg
Details
Community Bank Mankato
Institution Rating:
B4.6 ★Texas Ratio: 20.03%
201 Main St E, Vernon Center, MN 56090
3 Month CD/IRA
$1,000
0.50%
▼ 1.49% below national avg
▼
Rate0.50%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▼ 1.49% below avg
Details
$1,000 Minimum Balance
Community Bank Mankato
Institution Rating:
B4.6 ★Texas Ratio: 20.03%
201 Main St E, Vernon Center, MN 56090
3 Month Certificate
$1,000
0.50%
▼ 1.49% below national avg
▼
Rate0.50%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▼ 1.49% below avg
Details
$1,000 Minimum Balance
Woodland Bank
Institution Rating:
A-5.0 ★Texas Ratio: 14.40%
217 Main Ave E, Deer River, MN 56636
90 Day
$2,500
0.50%
▼ 1.49% below national avg
▼
Rate0.50%
Min Deposit$2,500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▼ 1.49% below avg
Details
(a, b, c)
State Bank of Faribault
Institution Rating:
A5.0 ★Texas Ratio: 11.55%
428 Central Ave N, Faribault, MN 55021
3 Month IRA Variable
$50
0.25%
▼ 1.74% below national avg
▼
Rate0.25%
Min Deposit$50
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▼ 1.74% below avg
Details
Security State Bank of Warroad
Institution Rating:
A-4.9 ★Texas Ratio: 16.67%
502 Lake St Ne, Warroad, MN 56763
3 months
$0
0.25%
▼ 1.74% below national avg
▼
Rate0.15%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▼ 1.74% below avg
Details
Anoka Hennepin Credit Union
11681 Theatre Dr N, Champlin, MN 55316 2752
3 months
$0
0.10%
▼ 1.89% below national avg
▼
Rate0.10%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.99%▼ 1.89% below avg
Details
Minnstar Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.00%
202 N Main St, Lake Crystal, MN 56055
90 Day Certificate of Deposit
$500
0.10%
▼ 1.89% below national avg
▼
Rate0.10%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▼ 1.89% below avg
Details
Arlington State Bank
Institution Rating:
B4.1 ★Texas Ratio: 12.24%
230 W Main St, Arlington, MN 55307
3 Month Certificate
$1,000
0.05%
▼ 1.94% below national avg
▼
Rate0.05%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▼ 1.94% below avg
Details
A penalty will be imposed for early withdrawal. Daily Balance. The amount of principal required in the account each day to obtain APY. APY = Annual Percentage Yield
Grand Rapids SB
Institution Rating:
A+5.0 ★Texas Ratio: 0.11%
523 Nw 1st Ave, Grand Rapids, MN 55744
3 Month
$0
0.03%
▼ 1.96% below national avg
▼
Rate0.03%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average1.99%▼ 1.96% below avg
Details
Minnesota 6 Month CD Rates
MonitorBankRates National Average · 6 Month CD2.67% APY▼ 0.01% from last week
The national average 6-month CD rate is 2.67% APY as of September 10, 2026. Figures are compiled by MonitorBankRates from more than 8,500 U.S. banks and credit unions.
Source: Verified CD Rate Data provided by MonitorBankRates
Institution
Product
Min Deposit
APY
Profile
Heritage Bank Minnesota
Institution Rating:
A-4.4 ★Texas Ratio: 8.07%
181 Main St, West Concord, MN 55985
6 Month Fixed CD
$250
4.16%
▲ 1.49% above national avg
▼
Rate4.10%
Min Deposit$250
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 1.49% above avg
Details
EARLY WITHDRAWAL PENALTIES (Minimum $25): 181 Days Interest
Crow Wing Power Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.06%
17330 State Highway 371, Brainerd, MN 56401
6-Month CD
$0
4.05%
▲ 1.38% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 1.38% above avg
Details
American National Bank of Minnesota
Institution Rating:
A5.0 ★Texas Ratio: 8.08%
7638 Woida Rd, Baxter, MN 56425
6-Month CD Special
$5,000
4.04%
▲ 1.37% above national avg
▼
Rate—
Min Deposit$5,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 1.37% above avg
Details
Effective 7/01/26
Falcon National Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.39%
22 Central Ave S, Richmond, MN 56368
6-Month CD
$500
4.00%
▲ 1.33% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 1.33% above avg
Details
Rates effective as of 08/17/2026. Expires on or before 09/20/2026.
Forward Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
201 E Marion St, Lake City, MN 55041
6 Month CD
$500
4.00%
▲ 1.33% above national avg
▼
Rate3.95%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 1.33% above avg
Details
Gateway Bank Mendota Heights, MN
Institution Rating:
A+5.0 ★Texas Ratio: 0.01%
745 Market St, Mendota Heights, MN 55118
6 Month CD
$0
4.00%
▲ 1.33% above national avg
▼
Rate3.96%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 1.33% above avg
Details
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
6 Months Certificate
$0
3.89%
▲ 1.22% above national avg
▼
Rate3.85%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 1.22% above avg
Details
Interest At Maturity
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
6 Months Certificate
$0
3.84%
▲ 1.17% above national avg
▼
Rate3.80%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 1.17% above avg
Details
Interest At Maturity
First Western Bank & Trust
Institution Rating:
A-4.9 ★Texas Ratio: 16.15%
190 S 3rd Ave, Lismore, MN 56155
6 Month IRA Certificate
$0
3.78%
▲ 1.11% above national avg
▼
Rate3.75%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 1.11% above avg
Details
KodaBank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
398 Pacific Ave, Stephen, MN 56757
6 Month CD Special
$0
3.78%
▲ 1.11% above national avg
▼
Rate3.75%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 1.11% above avg
Details
Community Bank Owatonna
Institution Rating:
A+5.0 ★Texas Ratio: 4.22%
640 W Bridge St, Owatonna, MN 55060
6 Month CD
$5,000
3.75%
▲ 1.08% above national avg
▼
Rate3.70%
Min Deposit$5,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 1.08% above avg
Details
KodaBank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
398 Pacific Ave, Stephen, MN 56757
6 Month CD Special
$0
3.68%
▲ 1.01% above national avg
▼
Rate3.65%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 1.01% above avg
Details
Prime Security Bank
Institution Rating:
A-4.9 ★Texas Ratio: 16.15%
201 Main St N, Karlstad, MN 56732
High-yield 6 month CDs
$0
3.63%
▲ 0.96% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.96% above avg
Details
Luminate Bank
Institution Rating:
B-4.3 ★Texas Ratio: 23.75%
2523 South Wayzata Boulevard, Minneapolis, MN 55405
6 Month Certificate
$500
3.60%
▲ 0.93% above national avg
▼
Rate3.57%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.93% above avg
Details
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
6 Month (182 Day) CD
$0
3.58%
▲ 0.91% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.91% above avg
Details
Maturity
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
Business 6 Month CD
$0
3.58%
▲ 0.91% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.91% above avg
Details
Payment Frequency: Maturity
KodaBank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
398 Pacific Ave, Stephen, MN 56757
6 Month CD Special
$0
3.58%
▲ 0.91% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.91% above avg
Details
VisionBank Saint Louis Park, MN
Institution Rating:
B4.4 ★Texas Ratio: 21.92%
3059 Joppa Ave S, Saint Louis Park, MN 55416
6 Month Certificate of Deposit
$0
3.55%
▲ 0.88% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.88% above avg
Details
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
6 Months Certificate
$0
3.53%
▲ 0.86% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.86% above avg
Details
Interest At Maturity
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
6 Month (182 Day) CD
$0
3.53%
▲ 0.86% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.86% above avg
Details
Maturity
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
Business 6 Month CD
$0
3.53%
▲ 0.86% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.86% above avg
Details
Payment Frequency: Maturity
State Bank of Easton
Institution Rating:
A5.0 ★Texas Ratio: 8.14%
50 Main St, Easton, MN 56025
6 Month "S"
$500
3.53%
▲ 0.86% above national avg
▼
Rate3.50%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.86% above avg
Details
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.26%
706 N Walnut St, Chaska, MN 55318
Relationship CD - 6 Month
$0
3.50%
▲ 0.83% above national avg
▼
Rate3.45%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.83% above avg
Details
Currie State Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.00%
117 S Minnesota Ave, Okabena, MN 56161
6-Month CD
$500
3.50%
▲ 0.83% above national avg
▼
Rate3.46%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.83% above avg
Details
First Citizens Bank Mason City, IA
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
730 Forest Ave E, Mora, MN 55051
6-Month Term
$0
3.33%
▲ 0.66% above national avg
▼
Rate3.30%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.66% above avg
Details
Bonanza Valley State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.59%
147 Central Ave S, Brooten, MN 56316
6 Month Certificate
$0
3.30%
▲ 0.63% above national avg
▼
Rate3.26%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.63% above avg
Details
FNB of Moose Lake
Institution Rating:
A+5.0 ★Texas Ratio: 0.52%
400 Elm Ave, Moose Lake, MN 55767
6 Month CD
$1,000
3.29%
▲ 0.62% above national avg
▼
Rate3.25%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.62% above avg
Details
Early Withdrawal Penalty: 3 month
Sunrise Banks National Association
Institution Rating:
A5.0 ★Texas Ratio: 9.99%
2300 Como Ave, Saint Paul, MN 55108
6 Month CD
$500
3.29%
▲ 0.62% above national avg
▼
Rate3.25%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.62% above avg
Details
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
6 Months Certificate
$0
3.28%
▲ 0.61% above national avg
▼
Rate3.25%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.61% above avg
Details
Interest At Maturity
Perennial Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.99%
318 N 1st St, Darwin, MN 55324
6 Month Certificate
$1,000
3.28%
▲ 0.61% above national avg
▼
Rate3.25%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.61% above avg
Details
Bank Forward
Institution Rating:
A5.0 ★Texas Ratio: 6.75%
106 6th St S, Walker, MN 56484
6 Month Certificate
$500
3.25%
▲ 0.58% above national avg
▼
Rate3.22%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.58% above avg
Details
Center National Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.03%
301 N Ramsey Ave, Litchfield, MN 55355
6 Month Certificate
$0
3.24%
▲ 0.57% above national avg
▼
Rate3.20%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.57% above avg
Details
First Citizens Bank Mason City, IA
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
730 Forest Ave E, Mora, MN 55051
6-Month Term
$0
3.23%
▲ 0.56% above national avg
▼
Rate3.20%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.56% above avg
Details
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.26%
706 N Walnut St, Chaska, MN 55318
CD - 6 Month
$0
3.20%
▲ 0.53% above national avg
▼
Rate3.16%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.53% above avg
Details
MidCountry Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.95%
100 S Main St, Sanborn, MN 56083
Certificate of Deposit 6 Month Term
$1,000
3.13%
▲ 0.46% above national avg
▼
Rate3.10%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.46% above avg
Details
First Citizens Bank Mason City, IA
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
730 Forest Ave E, Mora, MN 55051
6-Month Term
$0
3.12%
▲ 0.45% above national avg
▼
Rate3.10%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.45% above avg
Details
Ameriprise Financial
Institution Rating:
B+3.8 ★Texas Ratio: 0.33%
901 3rd Avenue South, Minneapolis, MN 55402
6 months
$0
3.10%
▲ 0.43% above national avg
▼
Rate3.06%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.43% above avg
Details
New Purchases
MidCountry Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.95%
100 S Main St, Sanborn, MN 56083
Certificate of Deposit 6 Month Term
$1,000
3.03%
▲ 0.36% above national avg
▼
Rate3.00%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.36% above avg
Details
First Citizens Bank Mason City, IA
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
730 Forest Ave E, Mora, MN 55051
6-Month Term
$0
3.02%
▲ 0.35% above national avg
▼
Rate3.00%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.35% above avg
Details
Ameriprise Financial
Institution Rating:
B+3.8 ★Texas Ratio: 0.33%
901 3rd Avenue South, Minneapolis, MN 55402
6 months
$0
3.00%
▲ 0.33% above national avg
▼
Rate2.96%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.33% above avg
Details
New Purchases
Heritage Bank N.A.
Institution Rating:
C-3.6 ★Texas Ratio: 31.27%
202 Cofield St N, Raymond, MN 56282
6 Month CD
$0
3.00%
▲ 0.33% above national avg
▼
Rate2.98%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.33% above avg
Details
Minnesota Power Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.42%
30 W Superior St Ste 126, Duluth, MN 55802 2191
6 month
$0
2.99%
▲ 0.32% above national avg
▼
Rate2.97%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.32% above avg
Details
Tiered Term Share Certificates & IRA Certificates $500 Minimum Balance
MidCountry Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.95%
100 S Main St, Sanborn, MN 56083
Certificate of Deposit 6 Month Term
$1,000
2.93%
▲ 0.26% above national avg
▼
Rate2.90%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.26% above avg
Details
Keen Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.51%
101 State St N, Waseca, MN 56093
6 month CD
$2,000
2.92%
▲ 0.25% above national avg
▼
Rate2.90%
Min Deposit$2,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.25% above avg
Details
American State Bank of Grygla
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
201 Vance Ave S, Erskine, MN 56535
6 MONTH CD
$0
2.87%
▲ 0.20% above national avg
▼
Rate2.85%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.20% above avg
Details
Minnwest Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.83%
102 Gold St S, Wykoff, MN 55990
6 Month Digital CD
$1,000
2.87%
▲ 0.20% above national avg
▼
Rate2.85%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.20% above avg
Details
Ameriprise Financial
Institution Rating:
B+3.8 ★Texas Ratio: 0.33%
901 3rd Avenue South, Minneapolis, MN 55402
6 Months - Relationship
$0
2.85%
▲ 0.18% above national avg
▼
Rate2.81%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.18% above avg
Details
Gate City Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.77%
2929 20th St S, Moorhead, MN 56560
6 Month (182 Day) CD
$0
2.85%
▲ 0.18% above national avg
▼
Rate2.83%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.18% above avg
Details
CNB of Park Rapids
Institution Rating:
A5.0 ★Texas Ratio: 7.58%
300 1st St W, Park Rapids, MN 56470
6 Month CD
$1,000
2.63%
▼ 0.04% below national avg
▼
Rate2.60%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▼ 0.04% below avg
Details
MidCountry Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.95%
100 S Main St, Sanborn, MN 56083
Certificate of Deposit 6 Month Term
$1,000
2.52%
▼ 0.15% below national avg
▼
Rate2.50%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▼ 0.15% below avg
Details
Minnesota 12 Month CD Rates
MonitorBankRates National Average · 12 Month CD2.84% APY▼ 0.01% from last week
The national average 12-month CD rate is 2.84% APY as of September 10, 2026. Figures are compiled by MonitorBankRates from more than 8,500 U.S. banks and credit unions.
Source: Verified CD Rate Data provided by MonitorBankRates
Institution
Product
Min Deposit
APY
Profile
PSB of Plainview
Institution Rating:
A-4.7 ★Texas Ratio: 9.93%
100 4th Ave Se, Plainview, MN 55964
12 Month Certificate
$0
4.63%
▲ 1.79% above national avg
▼
Rate4.55%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 1.79% above avg
Details
Anoka Hennepin Credit Union
11681 Theatre Dr N, Champlin, MN 55316 2752
12 months
$0
4.00%
▲ 1.16% above national avg
▼
Rate3.93%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.84%▲ 1.16% above avg
Details
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
12 Months Certificate
$0
4.00%
▲ 1.16% above national avg
▼
Rate4.00%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 1.16% above avg
Details
Annually
Sentry Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
400 4th Ave Ne, Saint Joseph, MN 56374
12-Month CD
$10,000
4.00%
▲ 1.16% above national avg
▼
Rate—
Min Deposit$10,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 1.16% above avg
Details
Ultima Bank Minnesota
Institution Rating:
A+5.0 ★Texas Ratio: 5.52%
9 W Minnesota Ave, Winger, MN 56592
12 Month Certificate
$0
4.00%
▲ 1.16% above national avg
▼
Rate3.96%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 1.16% above avg
Details
VisionBank Saint Louis Park, MN
Institution Rating:
B4.4 ★Texas Ratio: 21.92%
3059 Joppa Ave S, Saint Louis Park, MN 55416
12 Month Certificate of Deposit
$0
4.00%
▲ 1.16% above national avg
▼
Rate3.94%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 1.16% above avg
Details
Luminate Bank
Institution Rating:
B-4.3 ★Texas Ratio: 23.75%
2523 South Wayzata Boulevard, Minneapolis, MN 55405
12 Month Certificate
$500
4.00%
▲ 1.16% above national avg
▼
Rate3.95%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 1.16% above avg
Details
Midwest Bank Detroit Lakes, MN
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
105 E Soo St, Parkers Prairie, MN 56361
12 Month or more)
$25,000
4.00%
▲ 1.16% above national avg
▼
Rate3.94%
Min Deposit$25,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 1.16% above avg
Details
$25,000; Term: 12 Month ($25,000 or more)*
Heritage Bank Minnesota
Institution Rating:
A-4.4 ★Texas Ratio: 8.07%
181 Main St, West Concord, MN 55985
12 Month Fixed CD
$250
3.96%
▲ 1.12% above national avg
▼
Rate3.90%
Min Deposit$250
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 1.12% above avg
Details
EARLY WITHDRAWAL PENALTIES (Minimum $25): 181 Days Interest
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
12 Months Certificate
$0
3.90%
▲ 1.06% above national avg
▼
Rate3.90%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 1.06% above avg
Details
Annually
Drake Bank
Institution Rating:
F1.0 ★Texas Ratio: 77.33%
60 Plato Blvd E, Saint Paul, MN 55107
12 Month Certificate
$0
3.85%
▲ 1.01% above national avg
▼
Rate3.85%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 1.01% above avg
Details
Midwest Bank Detroit Lakes, MN
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
105 E Soo St, Parkers Prairie, MN 56361
12 Month
$500
3.85%
▲ 1.01% above national avg
▼
Rate3.80%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 1.01% above avg
Details
CorTrust Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.11%
4625 County Highway 101, Minnetonka, MN 55345
1 Year Certificate
$500
3.80%
▲ 0.96% above national avg
▼
Rate3.75%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.96% above avg
Details
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.26%
706 N Walnut St, Chaska, MN 55318
Relationship CD - 12 Month
$0
3.80%
▲ 0.96% above national avg
▼
Rate3.75%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.96% above avg
Details
Sunrise Banks National Association
Institution Rating:
A5.0 ★Texas Ratio: 9.99%
2300 Como Ave, Saint Paul, MN 55108
12 Month CD
$500
3.80%
▲ 0.96% above national avg
▼
Rate3.75%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.96% above avg
Details
Bonanza Valley State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.59%
147 Central Ave S, Brooten, MN 56316
12 Month Certificate
$0
3.80%
▲ 0.96% above national avg
▼
Rate3.75%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.96% above avg
Details
FSB of Rosemount
Institution Rating:
F1.0 ★Texas Ratio: 43.05%
3025 145th St W, Rosemount, MN 55068
12 Month CD
$500
3.75%
▲ 0.91% above national avg
▼
Rate3.74%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.91% above avg
Details
Method of Compounding: Annual
Heritage Bank N.A.
Institution Rating:
C-3.6 ★Texas Ratio: 31.27%
202 Cofield St N, Raymond, MN 56282
12 Month CD
$0
3.75%
▲ 0.91% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.91% above avg
Details
Gateway Bank Mendota Heights, MN
Institution Rating:
A+5.0 ★Texas Ratio: 0.01%
745 Market St, Mendota Heights, MN 55118
12 Month
$0
3.70%
▲ 0.86% above national avg
▼
Rate3.65%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.86% above avg
Details
Security Bank & Trust Company MN
Institution Rating:
A+5.0 ★Texas Ratio: 2.36%
128 4th Ave S, Brownton, MN 55312
1 year HSA CD
$0
3.70%
▲ 0.86% above national avg
▼
Rate3.65%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.86% above avg
Details
Security Bank & Trust Company MN
Institution Rating:
A+5.0 ★Texas Ratio: 2.36%
128 4th Ave S, Brownton, MN 55312
Business HSA 1 year IRA CD
$0
3.70%
▲ 0.86% above national avg
▼
Rate3.65%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.86% above avg
Details
$10,000 - $49,999.99; 5 year HSA CD
Luminate Bank
Institution Rating:
B-4.3 ★Texas Ratio: 23.75%
2523 South Wayzata Boulevard, Minneapolis, MN 55405
12 Month Certificate
$500
3.60%
▲ 0.76% above national avg
▼
Rate3.55%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.76% above avg
Details
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
12 Months Certificate
$0
3.55%
▲ 0.71% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.71% above avg
Details
Annually
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
1 year (12 Month) CD
$0
3.55%
▲ 0.71% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.71% above avg
Details
Maturity
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
Business 1 Year CD
$0
3.55%
▲ 0.71% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.71% above avg
Details
Payment Frequency: Maturity
PSB of Plainview
Institution Rating:
A-4.7 ★Texas Ratio: 9.93%
100 4th Ave Se, Plainview, MN 55964
12 Month Certificate
$0
3.55%
▲ 0.71% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.71% above avg
Details
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
1 year (12 Month) CD
$0
3.50%
▲ 0.66% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.66% above avg
Details
Maturity
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
Business 1 Year CD
$0
3.50%
▲ 0.66% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.66% above avg
Details
Payment Frequency: Maturity
KodaBank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
398 Pacific Ave, Stephen, MN 56757
12 Month CD Special
$0
3.50%
▲ 0.66% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.66% above avg
Details
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.26%
706 N Walnut St, Chaska, MN 55318
CD - 12 Month
$0
3.50%
▲ 0.66% above national avg
▼
Rate3.45%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.66% above avg
Details
Currie State Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.00%
117 S Minnesota Ave, Okabena, MN 56161
12-Month CD
$500
3.50%
▲ 0.66% above national avg
▼
Rate3.46%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.66% above avg
Details
First Independent Bank Russell, MN
Institution Rating:
A+5.0 ★Texas Ratio: 1.00%
300 Front St, Russell, MN 56169
12-Month | Fixed
$2,500
3.49%
▲ 0.65% above national avg
▼
Rate3.45%
Min Deposit$2,500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.65% above avg
Details
PSB of Plainview
Institution Rating:
A-4.7 ★Texas Ratio: 9.93%
100 4th Ave Se, Plainview, MN 55964
12 Month Certificate
$0
3.44%
▲ 0.60% above national avg
▼
Rate3.40%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.60% above avg
Details
KodaBank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
398 Pacific Ave, Stephen, MN 56757
12 Month CD Special
$0
3.40%
▲ 0.56% above national avg
▼
Rate3.40%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.56% above avg
Details
Bank Midwest
Institution Rating:
A+5.0 ★Texas Ratio: 3.34%
509 3rd St, Jackson, MN 56143
12-Month CD
$0
3.35%
▲ 0.51% above national avg
▼
Rate3.30%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.51% above avg
Details
MidCountry Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.95%
100 S Main St, Sanborn, MN 56083
Certificate of Deposit 12 Month Term
$0
3.35%
▲ 0.51% above national avg
▼
Rate3.35%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.51% above avg
Details
Tier 4: $100,000 and over
KodaBank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
398 Pacific Ave, Stephen, MN 56757
12 Month CD Special
$0
3.30%
▲ 0.46% above national avg
▼
Rate3.30%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.46% above avg
Details
First Citizens Bank Mason City, IA
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
730 Forest Ave E, Mora, MN 55051
12-Month Term
$0
3.29%
▲ 0.45% above national avg
▼
Rate3.25%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.45% above avg
Details
FNB of Moose Lake
Institution Rating:
A+5.0 ★Texas Ratio: 0.52%
400 Elm Ave, Moose Lake, MN 55767
12 Month CD
$1,000
3.29%
▲ 0.45% above national avg
▼
Rate3.25%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.45% above avg
Details
Early Withdrawal Penalty: 6 month
State Bank of Easton
Institution Rating:
A5.0 ★Texas Ratio: 8.14%
50 Main St, Easton, MN 56025
12 Month "V"
$500
3.28%
▲ 0.44% above national avg
▼
Rate3.25%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.44% above avg
Details
Bank Forward
Institution Rating:
A5.0 ★Texas Ratio: 6.75%
106 6th St S, Walker, MN 56484
12 Month Certificate
$500
3.25%
▲ 0.41% above national avg
▼
Rate3.25%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.41% above avg
Details
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
12 Months Certificate
$0
3.25%
▲ 0.41% above national avg
▼
Rate3.25%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.41% above avg
Details
Annually
MidCountry Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.95%
100 S Main St, Sanborn, MN 56083
Certificate of Deposit 12 Month Term
$0
3.25%
▲ 0.41% above national avg
▼
Rate3.25%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.41% above avg
Details
Tier 3: $50,000 - $99,999.99
PSB of Plainview
Institution Rating:
A-4.7 ★Texas Ratio: 9.93%
100 4th Ave Se, Plainview, MN 55964
12 Month Certificate
$0
3.24%
▲ 0.40% above national avg
▼
Rate3.20%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.40% above avg
Details
First Citizens Bank Mason City, IA
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
730 Forest Ave E, Mora, MN 55051
12-Month Term
$0
3.19%
▲ 0.35% above national avg
▼
Rate3.15%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.35% above avg
Details
MidCountry Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.95%
100 S Main St, Sanborn, MN 56083
Certificate of Deposit 12 Month Term
$0
3.15%
▲ 0.31% above national avg
▼
Rate3.15%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.31% above avg
Details
Tier 2: $25,000 - $49,999.99
American State Bank of Grygla
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
201 Vance Ave S, Erskine, MN 56535
12 MONTH CD
$0
3.14%
▲ 0.30% above national avg
▼
Rate3.10%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.30% above avg
Details
Ameriprise Financial
Institution Rating:
B+3.8 ★Texas Ratio: 0.33%
901 3rd Avenue South, Minneapolis, MN 55402
12 months
$0
3.10%
▲ 0.26% above national avg
▼
Rate3.06%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.26% above avg
Details
New Purchases
First Citizens Bank Mason City, IA
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
730 Forest Ave E, Mora, MN 55051
12-Month Term
$0
3.09%
▲ 0.25% above national avg
▼
Rate3.05%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.25% above avg
Details
CNB of Park Rapids
Institution Rating:
A5.0 ★Texas Ratio: 7.58%
300 1st St W, Park Rapids, MN 56470
12 Month CD
$500
3.03%
▲ 0.19% above national avg
▼
Rate3.00%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.84%▲ 0.19% above avg
Details
Minnesota 18 Month CD Rates
MonitorBankRates National Average · 18 Month CD2.67% APY▼ 0.03% from last week
The national average 18-month CD rate is 2.67% APY as of September 10, 2026. Figures are compiled by MonitorBankRates from more than 8,500 U.S. banks and credit unions.
Source: Verified CD Rate Data provided by MonitorBankRates
Institution
Product
Min Deposit
APY
Profile
Falcon National Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.39%
22 Central Ave S, Richmond, MN 56368
18-Month CD
$500
4.10%
▲ 1.43% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 1.43% above avg
Details
Rates effective as of 08/17/2026. Expires on or before 09/20/2026.
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.26%
706 N Walnut St, Chaska, MN 55318
Relationship CD - 18 Month
$0
4.10%
▲ 1.43% above national avg
▼
Rate4.04%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 1.43% above avg
Details
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
18 Months Certificate
$0
4.00%
▲ 1.33% above national avg
▼
Rate4.00%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 1.33% above avg
Details
Annually
VisionBank Saint Louis Park, MN
Institution Rating:
B4.4 ★Texas Ratio: 21.92%
3059 Joppa Ave S, Saint Louis Park, MN 55416
18 Month Certificate of Deposit
$0
4.00%
▲ 1.33% above national avg
▼
Rate3.94%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 1.33% above avg
Details
FSB of Rosemount
Institution Rating:
F1.0 ★Texas Ratio: 43.05%
3025 145th St W, Rosemount, MN 55068
IRA/Roth IRA 18 Month+
$250
3.97%
▲ 1.30% above national avg
▼
Rate3.89%
Min Deposit$250
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 1.30% above avg
Details
Method of Compounding: Daily
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
18 Month Certificate
$0
3.90%
▲ 1.23% above national avg
▼
Rate3.90%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 1.23% above avg
Details
Annually
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
18 Months Certificate
$0
3.90%
▲ 1.23% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 1.23% above avg
Details
Annually
Luminate Bank
Institution Rating:
B-4.3 ★Texas Ratio: 23.75%
2523 South Wayzata Boulevard, Minneapolis, MN 55405
18 Month Certificate
$500
3.90%
▲ 1.23% above national avg
▼
Rate3.85%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 1.23% above avg
Details
Heritage Bank Minnesota
Institution Rating:
A-4.4 ★Texas Ratio: 8.07%
181 Main St, West Concord, MN 55985
18 Month Fixed CD
$250
3.85%
▲ 1.18% above national avg
▼
Rate3.80%
Min Deposit$250
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 1.18% above avg
Details
EARLY WITHDRAWAL PENALTIES (Minimum $25): 365 Days Interest
American State Bank of Grygla
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
201 Vance Ave S, Erskine, MN 56535
18 MONTH CD
$0
3.80%
▲ 1.13% above national avg
▼
Rate3.75%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 1.13% above avg
Details
CorTrust Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.11%
4625 County Highway 101, Minnetonka, MN 55345
18 Month Certificate
$500
3.80%
▲ 1.13% above national avg
▼
Rate3.75%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 1.13% above avg
Details
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.26%
706 N Walnut St, Chaska, MN 55318
CD - 18 Month
$0
3.80%
▲ 1.13% above national avg
▼
Rate3.75%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 1.13% above avg
Details
Bonanza Valley State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.59%
147 Central Ave S, Brooten, MN 56316
18 Month Certificate
$0
3.80%
▲ 1.13% above national avg
▼
Rate3.75%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 1.13% above avg
Details
Drake Bank
Institution Rating:
F1.0 ★Texas Ratio: 77.33%
60 Plato Blvd E, Saint Paul, MN 55107
18 Month Certificate
$0
3.61%
▲ 0.94% above national avg
▼
Rate3.60%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.94% above avg
Details
Luminate Bank
Institution Rating:
B-4.3 ★Texas Ratio: 23.75%
2523 South Wayzata Boulevard, Minneapolis, MN 55405
18 Month Certificate
$500
3.60%
▲ 0.93% above national avg
▼
Rate3.55%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.93% above avg
Details
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
18 Month CD
$0
3.58%
▲ 0.91% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.91% above avg
Details
Semiannually
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
Business 18 Month CD
$0
3.58%
▲ 0.91% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.91% above avg
Details
Payment Frequency: Semiannually
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
18 Month Certificate
$0
3.55%
▲ 0.88% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.88% above avg
Details
Annually
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
18 Month CD
$0
3.53%
▲ 0.86% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.86% above avg
Details
Semiannually
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
Business 18 Month CD
$0
3.53%
▲ 0.86% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.86% above avg
Details
Payment Frequency: Semiannually
Currie State Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.00%
117 S Minnesota Ave, Okabena, MN 56161
18-Month CD
$500
3.40%
▲ 0.73% above national avg
▼
Rate3.36%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.73% above avg
Details
Bank Forward
Institution Rating:
A5.0 ★Texas Ratio: 6.75%
106 6th St S, Walker, MN 56484
18 Month Certificate
$500
3.25%
▲ 0.58% above national avg
▼
Rate3.22%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.58% above avg
Details
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
18 Months Certificate
$0
3.25%
▲ 0.58% above national avg
▼
Rate3.25%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.58% above avg
Details
Annually
First Citizens Bank Mason City, IA
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
730 Forest Ave E, Mora, MN 55051
18-Month Term
$0
3.19%
▲ 0.52% above national avg
▼
Rate3.15%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.52% above avg
Details
Ameriprise Financial
Institution Rating:
B+3.8 ★Texas Ratio: 0.33%
901 3rd Avenue South, Minneapolis, MN 55402
18 months
$0
3.10%
▲ 0.43% above national avg
▼
Rate3.06%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.43% above avg
Details
New Purchases
First Citizens Bank Mason City, IA
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
730 Forest Ave E, Mora, MN 55051
18-Month Term
$0
3.09%
▲ 0.42% above national avg
▼
Rate3.05%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.42% above avg
Details
CNB of Park Rapids
Institution Rating:
A5.0 ★Texas Ratio: 7.58%
300 1st St W, Park Rapids, MN 56470
18 Month CD
$500
3.03%
▲ 0.36% above national avg
▼
Rate3.00%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.36% above avg
Details
MidCountry Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.95%
100 S Main St, Sanborn, MN 56083
Certificate of Deposit 18 Month Term Tier 2
$0
3.03%
▲ 0.36% above national avg
▼
Rate3.00%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.36% above avg
Details
$25,000 - $49,999.99
MidCountry Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.95%
100 S Main St, Sanborn, MN 56083
Certificate of Deposit 18 Month Term Tier 3
$0
3.03%
▲ 0.36% above national avg
▼
Rate3.00%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.36% above avg
Details
$50,000 - $99,999.99
MidCountry Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.95%
100 S Main St, Sanborn, MN 56083
Certificate of Deposit 18 Month Term Tier 4: and over
$0
3.03%
▲ 0.36% above national avg
▼
Rate3.00%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.36% above avg
Details
$100,000
The Bank of Elk River
Institution Rating:
A-4.8 ★Texas Ratio: 11.19%
630 Main St Nw, Elk River, MN 55330
18 Month IRA Certificate
$2,500
3.03%
▲ 0.36% above national avg
▼
Rate3.00%
Min Deposit$2,500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.36% above avg
Details
** (includes one-time optional rate increase)
State Bank of Easton
Institution Rating:
A5.0 ★Texas Ratio: 8.14%
50 Main St, Easton, MN 56025
18 Month "A"
$1,000
3.02%
▲ 0.35% above national avg
▼
Rate3.00%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.35% above avg
Details
Ameriprise Financial
Institution Rating:
B+3.8 ★Texas Ratio: 0.33%
901 3rd Avenue South, Minneapolis, MN 55402
18 months
$0
3.00%
▲ 0.33% above national avg
▼
Rate2.96%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.33% above avg
Details
New Purchases
First Citizens Bank Mason City, IA
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
730 Forest Ave E, Mora, MN 55051
18-Month Term
$0
2.98%
▲ 0.31% above national avg
▼
Rate2.95%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.31% above avg
Details
Minnesota Power Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.42%
30 W Superior St Ste 126, Duluth, MN 55802 2191
18 month
$0
2.92%
▲ 0.25% above national avg
▼
Rate2.85%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.25% above avg
Details
Tiered Term Share Certificates & IRA Certificates $500 Minimum Balance
First Citizens Bank Mason City, IA
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
730 Forest Ave E, Mora, MN 55051
18-Month Term
$0
2.88%
▲ 0.21% above national avg
▼
Rate2.85%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.21% above avg
Details
Profinium, Inc.
Institution Rating:
A+5.0 ★Texas Ratio: 1.05%
414 N 5th Ave E, Truman, MN 56088
18 Month Certificate of Deposit/IRA
$500
2.80%
▲ 0.13% above national avg
▼
Rate2.77%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.13% above avg
Details
FNB at St. James
Institution Rating:
A+5.0 ★Texas Ratio: 1.94%
202 1st Ave S, Saint James, MN 56081
18 Months Certificate of Deposit
$0
2.75%
▲ 0.08% above national avg
▼
Rate2.72%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▲ 0.08% above avg
Details
OSB Odin State Bank
Institution Rating:
B4.6 ★Texas Ratio: 19.28%
101 E Main St, Odin, MN 56160
Special 18 Month IRA CD
$500
2.57%
▼ 0.10% below national avg
▼
Rate2.55%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▼ 0.10% below avg
Details
Keen Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.51%
101 State St N, Waseca, MN 56093
18 month CD
$2,000
2.51%
▼ 0.16% below national avg
▼
Rate2.50%
Min Deposit$2,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▼ 0.16% below avg
Details
Ultima Bank Minnesota
Institution Rating:
A+5.0 ★Texas Ratio: 5.52%
9 W Minnesota Ave, Winger, MN 56592
18 Month Certificate
$0
2.21%
▼ 0.46% below national avg
▼
Rate2.20%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▼ 0.46% below avg
Details
Gateway Bank Mendota Heights, MN
Institution Rating:
A+5.0 ★Texas Ratio: 0.01%
745 Market St, Mendota Heights, MN 55118
18 Month
$0
2.10%
▼ 0.57% below national avg
▼
Rate2.08%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▼ 0.57% below avg
Details
Anoka Hennepin Credit Union
11681 Theatre Dr N, Champlin, MN 55316 2752
18 months
$0
2.02%
▼ 0.65% below national avg
▼
Rate2.00%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▼ 0.65% below avg
Details
Bankwest
Institution Rating:
A+5.0 ★Texas Ratio: 3.09%
5921 Main St, Rockford, MN 55373
18 Month IRA Certificate
$2,000
2.02%
▼ 0.65% below national avg
▼
Rate2.00%
Min Deposit$2,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▼ 0.65% below avg
Details
First Independent Bank Russell, MN
Institution Rating:
A+5.0 ★Texas Ratio: 1.00%
300 Front St, Russell, MN 56169
18-Month | Fixed
$2,500
2.02%
▼ 0.65% below national avg
▼
Rate2.00%
Min Deposit$2,500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▼ 0.65% below avg
Details
Woodland Bank
Institution Rating:
A-5.0 ★Texas Ratio: 14.40%
217 Main Ave E, Deer River, MN 56636
18 Month Certificate
$500
1.50%
▼ 1.17% below national avg
▼
Rate1.49%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▼ 1.17% below avg
Details
(a, b, c)
Forward Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
201 E Marion St, Lake City, MN 55041
18 Month IRA CD
$100
1.41%
▼ 1.26% below national avg
▼
Rate1.40%
Min Deposit$100
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▼ 1.26% below avg
Details
Forward Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
201 E Marion St, Lake City, MN 55041
18 Month IRA CD
$100
1.36%
▼ 1.31% below national avg
▼
Rate1.35%
Min Deposit$100
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▼ 1.31% below avg
Details
Forward Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
201 E Marion St, Lake City, MN 55041
18 Month IRA CD
$100
1.31%
▼ 1.36% below national avg
▼
Rate1.30%
Min Deposit$100
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▼ 1.36% below avg
Details
Center National Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.03%
301 N Ramsey Ave, Litchfield, MN 55355
18 Month Certificate
$0
1.25%
▼ 1.42% below national avg
▼
Rate1.25%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.67%▼ 1.42% below avg
Details
Minnesota 24 Month CD Rates
MonitorBankRates National Average · 24 Month CD2.71% APY▼ 0.02% from last week
The national average 24-month CD rate is 2.71% APY as of September 10, 2026. Figures are compiled by MonitorBankRates from more than 8,500 U.S. banks and credit unions.
Source: Verified CD Rate Data provided by MonitorBankRates
Institution
Product
Min Deposit
APY
Profile
First Independent Bank Russell, MN
Institution Rating:
A+5.0 ★Texas Ratio: 1.00%
300 Front St, Russell, MN 56169
24-Month | Fixed
$5,000
4.33%
▲ 1.62% above national avg
▼
Rate4.25%
Min Deposit$5,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 1.62% above avg
Details
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.26%
706 N Walnut St, Chaska, MN 55318
Relationship CD - 24 Month
$0
4.15%
▲ 1.44% above national avg
▼
Rate4.09%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 1.44% above avg
Details
PSB of Plainview
Institution Rating:
A-4.7 ★Texas Ratio: 9.93%
100 4th Ave Se, Plainview, MN 55964
24 Month Certificate
$0
4.06%
▲ 1.35% above national avg
▼
Rate4.00%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 1.35% above avg
Details
First Western Bank & Trust
Institution Rating:
A-4.9 ★Texas Ratio: 16.15%
190 S 3rd Ave, Lismore, MN 56155
24 Month IRA Certificate
$0
4.00%
▲ 1.29% above national avg
▼
Rate4.00%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 1.29% above avg
Details
VisionBank Saint Louis Park, MN
Institution Rating:
B4.4 ★Texas Ratio: 21.92%
3059 Joppa Ave S, Saint Louis Park, MN 55416
24 Month Certificate of Deposit
$0
4.00%
▲ 1.29% above national avg
▼
Rate3.94%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 1.29% above avg
Details
Midwest Bank Detroit Lakes, MN
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
105 E Soo St, Parkers Prairie, MN 56361
24 Month or more)
$25,000
4.00%
▲ 1.29% above national avg
▼
Rate3.94%
Min Deposit$25,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 1.29% above avg
Details
$25,000; Term: 24 Month ($25,000 or more)*
Ultima Bank Minnesota
Institution Rating:
A+5.0 ★Texas Ratio: 5.52%
9 W Minnesota Ave, Winger, MN 56592
24 Month Certificate
$0
3.90%
▲ 1.19% above national avg
▼
Rate3.86%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 1.19% above avg
Details
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
24 Months Certificate
$0
3.85%
▲ 1.14% above national avg
▼
Rate3.85%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 1.14% above avg
Details
Annually
Midwest Bank Detroit Lakes, MN
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
105 E Soo St, Parkers Prairie, MN 56361
24 Month
$500
3.85%
▲ 1.14% above national avg
▼
Rate3.80%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 1.14% above avg
Details
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.26%
706 N Walnut St, Chaska, MN 55318
CD - 24 Month
$0
3.85%
▲ 1.14% above national avg
▼
Rate3.80%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 1.14% above avg
Details
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
24 Months Certificate
$0
3.80%
▲ 1.09% above national avg
▼
Rate3.80%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 1.09% above avg
Details
Annually
CorTrust Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.11%
4625 County Highway 101, Minnetonka, MN 55345
2 Year Certificate
$500
3.80%
▲ 1.09% above national avg
▼
Rate3.75%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 1.09% above avg
Details
Heritage Bank Minnesota
Institution Rating:
A-4.4 ★Texas Ratio: 8.07%
181 Main St, West Concord, MN 55985
24 Month Fixed CD
$250
3.80%
▲ 1.09% above national avg
▼
Rate3.75%
Min Deposit$250
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 1.09% above avg
Details
EARLY WITHDRAWAL PENALTIES (Minimum $25): 365 Days Interest
MidCountry Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.95%
100 S Main St, Sanborn, MN 56083
Variable Rate Certificate of Deposit 24 Month Term
$0
3.80%
▲ 1.09% above national avg
▼
Rate3.75%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 1.09% above avg
Details
Rate: Prime minus 3.00%; New money only. Fees may reduce earnings. Rates are subject to change. IRA accounts are not eligible.
Luminate Bank
Institution Rating:
B-4.3 ★Texas Ratio: 23.75%
2523 South Wayzata Boulevard, Minneapolis, MN 55405
24 Month Certificate
$500
3.80%
▲ 1.09% above national avg
▼
Rate3.75%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 1.09% above avg
Details
State Bank of Faribault
Institution Rating:
A5.0 ★Texas Ratio: 11.55%
428 Central Ave N, Faribault, MN 55021
24 Month SPECIAL
$1,000
3.75%
▲ 1.04% above national avg
▼
Rate3.75%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 1.04% above avg
Details
PSB of Plainview
Institution Rating:
A-4.7 ★Texas Ratio: 9.93%
100 4th Ave Se, Plainview, MN 55964
24 Month Certificate
$0
3.70%
▲ 0.99% above national avg
▼
Rate3.65%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.99% above avg
Details
Drake Bank
Institution Rating:
F1.0 ★Texas Ratio: 77.33%
60 Plato Blvd E, Saint Paul, MN 55107
24 Month Certificate
$0
3.65%
▲ 0.94% above national avg
▼
Rate3.65%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.94% above avg
Details
First Independent Bank Russell, MN
Institution Rating:
A+5.0 ★Texas Ratio: 1.00%
300 Front St, Russell, MN 56169
24-Month | Variable
$25,000
3.65%
▲ 0.94% above national avg
▼
Rate3.60%
Min Deposit$25,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.94% above avg
Details
Luminate Bank
Institution Rating:
B-4.3 ★Texas Ratio: 23.75%
2523 South Wayzata Boulevard, Minneapolis, MN 55405
24 Month Certificate
$500
3.65%
▲ 0.94% above national avg
▼
Rate3.60%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.94% above avg
Details
PSB of Plainview
Institution Rating:
A-4.7 ★Texas Ratio: 9.93%
100 4th Ave Se, Plainview, MN 55964
24 Month Certificate
$0
3.60%
▲ 0.89% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.89% above avg
Details
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
24 Months Certificate
$0
3.55%
▲ 0.84% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.84% above avg
Details
Annually
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
2 Year (24 Month) CD
$0
3.55%
▲ 0.84% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.84% above avg
Details
Annually
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
Business 2 Year CD
$0
3.55%
▲ 0.84% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.84% above avg
Details
Payment Frequency: Annually
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
2 Year (24 Month) CD
$0
3.50%
▲ 0.79% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.79% above avg
Details
Annually
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
Business 2 Year CD
$0
3.50%
▲ 0.79% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.79% above avg
Details
Payment Frequency: Annually
FSB of Rosemount
Institution Rating:
F1.0 ★Texas Ratio: 43.05%
3025 145th St W, Rosemount, MN 55068
24 Month CD
$500
3.50%
▲ 0.79% above national avg
▼
Rate3.50%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.79% above avg
Details
Method of Compounding: Annual
KodaBank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
398 Pacific Ave, Stephen, MN 56757
24 Month CD Special
$0
3.50%
▲ 0.79% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.79% above avg
Details
Currie State Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.00%
117 S Minnesota Ave, Okabena, MN 56161
24-Month CD
$500
3.50%
▲ 0.79% above national avg
▼
Rate3.46%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.79% above avg
Details
FNB of Moose Lake
Institution Rating:
A+5.0 ★Texas Ratio: 0.52%
400 Elm Ave, Moose Lake, MN 55767
24 Month CD
$500
3.49%
▲ 0.78% above national avg
▼
Rate3.45%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.78% above avg
Details
Early Withdrawal Penalty: 1 year
Bank Midwest
Institution Rating:
A+5.0 ★Texas Ratio: 3.34%
509 3rd St, Jackson, MN 56143
24-Month CD
$0
3.45%
▲ 0.74% above national avg
▼
Rate3.40%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.74% above avg
Details
PSB of Plainview
Institution Rating:
A-4.7 ★Texas Ratio: 9.93%
100 4th Ave Se, Plainview, MN 55964
24 Month Certificate
$0
3.44%
▲ 0.73% above national avg
▼
Rate3.40%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.73% above avg
Details
KodaBank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
398 Pacific Ave, Stephen, MN 56757
24 Month CD Special
$0
3.40%
▲ 0.69% above national avg
▼
Rate3.40%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.69% above avg
Details
KodaBank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
398 Pacific Ave, Stephen, MN 56757
24 Month CD Special
$0
3.30%
▲ 0.59% above national avg
▼
Rate3.30%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.59% above avg
Details
Bank Forward
Institution Rating:
A5.0 ★Texas Ratio: 6.75%
106 6th St S, Walker, MN 56484
24 Month Certificate
$500
3.25%
▲ 0.54% above national avg
▼
Rate3.22%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.54% above avg
Details
PSB of Plainview
Institution Rating:
A-4.7 ★Texas Ratio: 9.93%
100 4th Ave Se, Plainview, MN 55964
24 Month Certificate
$0
3.24%
▲ 0.53% above national avg
▼
Rate3.20%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.53% above avg
Details
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
24 Months Certificate
$0
3.20%
▲ 0.49% above national avg
▼
Rate3.20%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.49% above avg
Details
Annually
PSB of Plainview
Institution Rating:
A-4.7 ★Texas Ratio: 9.93%
100 4th Ave Se, Plainview, MN 55964
24 Month Certificate
$0
3.14%
▲ 0.43% above national avg
▼
Rate3.10%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.43% above avg
Details
The Bank of Elk River
Institution Rating:
A-4.8 ★Texas Ratio: 11.19%
630 Main St Nw, Elk River, MN 55330
24 Month IRA Certificate
$200
3.14%
▲ 0.43% above national avg
▼
Rate3.10%
Min Deposit$200
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.43% above avg
Details
**
Ameriprise Financial
Institution Rating:
B+3.8 ★Texas Ratio: 0.33%
901 3rd Avenue South, Minneapolis, MN 55402
24 months
$0
3.10%
▲ 0.39% above national avg
▼
Rate3.06%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.39% above avg
Details
New Purchases
Bonanza Valley State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.59%
147 Central Ave S, Brooten, MN 56316
24 Month Certificate
$0
3.10%
▲ 0.39% above national avg
▼
Rate3.06%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.39% above avg
Details
MidCountry Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.95%
100 S Main St, Sanborn, MN 56083
Certificate of Deposit 24 Month Term
$0
3.04%
▲ 0.33% above national avg
▼
Rate3.00%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.33% above avg
Details
Tier 2: $25,000 - $49,999.99
CNB of Park Rapids
Institution Rating:
A5.0 ★Texas Ratio: 7.58%
300 1st St W, Park Rapids, MN 56470
24 Month CD
$500
3.03%
▲ 0.32% above national avg
▼
Rate3.00%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.32% above avg
Details
First Citizens Bank Mason City, IA
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
730 Forest Ave E, Mora, MN 55051
24-Month Term
$0
3.03%
▲ 0.32% above national avg
▼
Rate3.00%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.32% above avg
Details
State Bank of Easton
Institution Rating:
A5.0 ★Texas Ratio: 8.14%
50 Main St, Easton, MN 56025
24 Month "T"
$1,000
3.02%
▲ 0.31% above national avg
▼
Rate3.00%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.31% above avg
Details
Ameriprise Financial
Institution Rating:
B+3.8 ★Texas Ratio: 0.33%
901 3rd Avenue South, Minneapolis, MN 55402
24 months
$0
3.00%
▲ 0.29% above national avg
▼
Rate2.96%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.29% above avg
Details
New Purchases
CNB of Park Rapids
Institution Rating:
A5.0 ★Texas Ratio: 7.58%
300 1st St W, Park Rapids, MN 56470
2 Year Variable Rate IRA
$25
3.00%
▲ 0.29% above national avg
▼
Rate3.00%
Min Deposit$25
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.29% above avg
Details
Gate City Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.77%
2929 20th St S, Moorhead, MN 56560
2 Year CD
$0
3.00%
▲ 0.29% above national avg
▼
Rate3.00%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.29% above avg
Details
Lake Central Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.26%
2010 Minnesota Ave, Benson, MN 56215
2 Year Certificate
$0
2.98%
▲ 0.27% above national avg
▼
Rate2.95%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.27% above avg
Details
Early Withdrawal Penalty: 3 Month's Interest
First Citizens Bank Mason City, IA
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
730 Forest Ave E, Mora, MN 55051
24-Month Term
$0
2.93%
▲ 0.22% above national avg
▼
Rate2.90%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.71%▲ 0.22% above avg
Details
Minnesota 36 Month CD Rates
MonitorBankRates National Average · 36 Month CD2.64% APY▼ 0.03% from last week
The national average 36-month CD rate is 2.64% APY as of September 10, 2026. Figures are compiled by MonitorBankRates from more than 8,500 U.S. banks and credit unions.
Source: Verified CD Rate Data provided by MonitorBankRates
Institution
Product
Min Deposit
APY
Profile
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.26%
706 N Walnut St, Chaska, MN 55318
Relationship CD - 36 Month
$0
4.20%
▲ 1.56% above national avg
▼
Rate4.14%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 1.56% above avg
Details
VisionBank Saint Louis Park, MN
Institution Rating:
B4.4 ★Texas Ratio: 21.92%
3059 Joppa Ave S, Saint Louis Park, MN 55416
36 Month Certificate of Deposit
$0
4.00%
▲ 1.36% above national avg
▼
Rate3.94%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 1.36% above avg
Details
Midwest Bank Detroit Lakes, MN
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
105 E Soo St, Parkers Prairie, MN 56361
36 Month or more)
$25,000
4.00%
▲ 1.36% above national avg
▼
Rate3.94%
Min Deposit$25,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 1.36% above avg
Details
$25,000; Term: 36 Month ($25,000 or more)*
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
36 Month Certificate
$0
3.85%
▲ 1.21% above national avg
▼
Rate3.85%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 1.21% above avg
Details
Annually
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
36 Months Certificate
$0
3.85%
▲ 1.21% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 1.21% above avg
Details
Annually
Midwest Bank Detroit Lakes, MN
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
105 E Soo St, Parkers Prairie, MN 56361
36 Month
$500
3.85%
▲ 1.21% above national avg
▼
Rate3.80%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 1.21% above avg
Details
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
36 Months Certificate
$0
3.80%
▲ 1.16% above national avg
▼
Rate3.80%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 1.16% above avg
Details
Annually
CorTrust Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.11%
4625 County Highway 101, Minnetonka, MN 55345
3 Year Certificate
$500
3.80%
▲ 1.16% above national avg
▼
Rate3.76%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 1.16% above avg
Details
PSB of Plainview
Institution Rating:
A-4.7 ★Texas Ratio: 9.93%
100 4th Ave Se, Plainview, MN 55964
36 Month Certificate
$0
3.80%
▲ 1.16% above national avg
▼
Rate3.75%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 1.16% above avg
Details
Luminate Bank
Institution Rating:
B-4.3 ★Texas Ratio: 23.75%
2523 South Wayzata Boulevard, Minneapolis, MN 55405
36 Month Certificate
$500
3.80%
▲ 1.16% above national avg
▼
Rate3.75%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 1.16% above avg
Details
Drake Bank
Institution Rating:
F1.0 ★Texas Ratio: 77.33%
60 Plato Blvd E, Saint Paul, MN 55107
36 Month Certificate
$0
3.70%
▲ 1.06% above national avg
▼
Rate3.70%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 1.06% above avg
Details
PSB of Plainview
Institution Rating:
A-4.7 ★Texas Ratio: 9.93%
100 4th Ave Se, Plainview, MN 55964
36 Month Certificate
$0
3.70%
▲ 1.06% above national avg
▼
Rate3.65%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 1.06% above avg
Details
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.26%
706 N Walnut St, Chaska, MN 55318
CD - 36 Month
$0
3.70%
▲ 1.06% above national avg
▼
Rate3.65%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 1.06% above avg
Details
Luminate Bank
Institution Rating:
B-4.3 ★Texas Ratio: 23.75%
2523 South Wayzata Boulevard, Minneapolis, MN 55405
36 Month Certificate
$500
3.65%
▲ 1.01% above national avg
▼
Rate3.60%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 1.01% above avg
Details
PSB of Plainview
Institution Rating:
A-4.7 ★Texas Ratio: 9.93%
100 4th Ave Se, Plainview, MN 55964
36 Month Certificate
$0
3.60%
▲ 0.96% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.96% above avg
Details
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
36 Months Certificate
$0
3.55%
▲ 0.91% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.91% above avg
Details
Annually
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
3 Year (36 Month) CD
$0
3.55%
▲ 0.91% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.91% above avg
Details
Annually
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
Business 3 Year CD
$0
3.55%
▲ 0.91% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.91% above avg
Details
Payment Frequency: Annually
First Citizens Bank Mason City, IA
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
730 Forest Ave E, Mora, MN 55051
36-Month Term
$0
3.55%
▲ 0.91% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.91% above avg
Details
Currie State Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.00%
117 S Minnesota Ave, Okabena, MN 56161
36-Month CD
$500
3.55%
▲ 0.91% above national avg
▼
Rate3.50%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.91% above avg
Details
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
3 Year (36 Month) CD
$0
3.50%
▲ 0.86% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.86% above avg
Details
Annually
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
Business 3 Year CD
$0
3.50%
▲ 0.86% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.86% above avg
Details
Payment Frequency: Annually
KodaBank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
398 Pacific Ave, Stephen, MN 56757
36 Month CD Special
$0
3.50%
▲ 0.86% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.86% above avg
Details
First Citizens Bank Mason City, IA
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
730 Forest Ave E, Mora, MN 55051
36-Month Term
$0
3.44%
▲ 0.80% above national avg
▼
Rate3.40%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.80% above avg
Details
PSB of Plainview
Institution Rating:
A-4.7 ★Texas Ratio: 9.93%
100 4th Ave Se, Plainview, MN 55964
36 Month Certificate
$0
3.44%
▲ 0.80% above national avg
▼
Rate3.40%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.80% above avg
Details
KodaBank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
398 Pacific Ave, Stephen, MN 56757
36 Month CD Special
$0
3.40%
▲ 0.76% above national avg
▼
Rate3.40%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.76% above avg
Details
First Citizens Bank Mason City, IA
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
730 Forest Ave E, Mora, MN 55051
36-Month Term
$0
3.34%
▲ 0.70% above national avg
▼
Rate3.30%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.70% above avg
Details
KodaBank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
398 Pacific Ave, Stephen, MN 56757
36 Month CD Special
$0
3.30%
▲ 0.66% above national avg
▼
Rate3.30%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.66% above avg
Details
CNB of Park Rapids
Institution Rating:
A5.0 ★Texas Ratio: 7.58%
300 1st St W, Park Rapids, MN 56470
36 Month CD
$10,000
3.29%
▲ 0.65% above national avg
▼
Rate3.25%
Min Deposit$10,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.65% above avg
Details
Step up Rate
Heritage Bank Minnesota
Institution Rating:
A-4.4 ★Texas Ratio: 8.07%
181 Main St, West Concord, MN 55985
36 Month Fixed CD
$250
3.29%
▲ 0.65% above national avg
▼
Rate3.25%
Min Deposit$250
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.65% above avg
Details
EARLY WITHDRAWAL PENALTIES (Minimum $25): 365 Days Interest
Bank Forward
Institution Rating:
A5.0 ★Texas Ratio: 6.75%
106 6th St S, Walker, MN 56484
36 Month Certificate
$500
3.25%
▲ 0.61% above national avg
▼
Rate3.22%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.61% above avg
Details
First Citizens Bank Mason City, IA
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
730 Forest Ave E, Mora, MN 55051
36-Month Term
$0
3.24%
▲ 0.60% above national avg
▼
Rate3.20%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.60% above avg
Details
PSB of Plainview
Institution Rating:
A-4.7 ★Texas Ratio: 9.93%
100 4th Ave Se, Plainview, MN 55964
36 Month Certificate
$0
3.24%
▲ 0.60% above national avg
▼
Rate3.20%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.60% above avg
Details
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
36 Months Certificate
$0
3.20%
▲ 0.56% above national avg
▼
Rate3.20%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.56% above avg
Details
Annually
Bonanza Valley State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.59%
147 Central Ave S, Brooten, MN 56316
36 Month Certificate
$0
3.20%
▲ 0.56% above national avg
▼
Rate3.16%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.56% above avg
Details
The Bank of Elk River
Institution Rating:
A-4.8 ★Texas Ratio: 11.19%
630 Main St Nw, Elk River, MN 55330
36 Month IRA Certificate
$200
3.19%
▲ 0.55% above national avg
▼
Rate3.15%
Min Deposit$200
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.55% above avg
Details
***
FNB of Moose Lake
Institution Rating:
A+5.0 ★Texas Ratio: 0.52%
400 Elm Ave, Moose Lake, MN 55767
36 Month CD
$500
3.14%
▲ 0.50% above national avg
▼
Rate3.10%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.50% above avg
Details
Early Withdrawal Penalty: 1 year
PSB of Plainview
Institution Rating:
A-4.7 ★Texas Ratio: 9.93%
100 4th Ave Se, Plainview, MN 55964
36 Month Certificate
$0
3.14%
▲ 0.50% above national avg
▼
Rate3.10%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.50% above avg
Details
Ameriprise Financial
Institution Rating:
B+3.8 ★Texas Ratio: 0.33%
901 3rd Avenue South, Minneapolis, MN 55402
36 months
$0
3.10%
▲ 0.46% above national avg
▼
Rate3.06%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.46% above avg
Details
New Purchases
Gate City Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.77%
2929 20th St S, Moorhead, MN 56560
3 Year CD
$0
3.10%
▲ 0.46% above national avg
▼
Rate3.10%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.46% above avg
Details
Lake Central Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.26%
2010 Minnesota Ave, Benson, MN 56215
3 Year Certificate
$0
3.03%
▲ 0.39% above national avg
▼
Rate3.00%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.39% above avg
Details
Early Withdrawal Penalty: 4 Month's Interest
Ameriprise Financial
Institution Rating:
B+3.8 ★Texas Ratio: 0.33%
901 3rd Avenue South, Minneapolis, MN 55402
36 months
$0
3.00%
▲ 0.36% above national avg
▼
Rate2.96%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.36% above avg
Details
New Purchases
FSB of Rosemount
Institution Rating:
F1.0 ★Texas Ratio: 43.05%
3025 145th St W, Rosemount, MN 55068
36 Month CD
$500
3.00%
▲ 0.36% above national avg
▼
Rate3.00%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.36% above avg
Details
Method of Compounding: Annual
FSB of Rosemount
Institution Rating:
F1.0 ★Texas Ratio: 43.05%
3025 145th St W, Rosemount, MN 55068
36 Month Roth IRA
$500
3.00%
▲ 0.36% above national avg
▼
Rate3.00%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.36% above avg
Details
Method of Compounding: Annual
Citizens Bank Minnesota
Institution Rating:
A+5.0 ★Texas Ratio: 0.16%
513 Main St, Ormsby, MN 56162
Special IRA Certificates of Deposit - 36 month
$0
2.93%
▲ 0.29% above national avg
▼
Rate2.90%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.29% above avg
Details
Compound Frequency: Quarterly
Ultima Bank Minnesota
Institution Rating:
A+5.0 ★Texas Ratio: 5.52%
9 W Minnesota Ave, Winger, MN 56592
IRA Certificate of Deposit 36 Month
$0
2.92%
▲ 0.28% above national avg
▼
Rate2.90%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.28% above avg
Details
Ultima Bank Minnesota
Institution Rating:
A+5.0 ★Texas Ratio: 5.52%
9 W Minnesota Ave, Winger, MN 56592
IRA Certificates of Deposit 36 Month
$0
2.92%
▲ 0.28% above national avg
▼
Rate2.90%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.28% above avg
Details
Heritage Bank N.A.
Institution Rating:
C-3.6 ★Texas Ratio: 31.27%
202 Cofield St N, Raymond, MN 56282
36 Month CD
$0
2.85%
▲ 0.21% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.21% above avg
Details
MidCountry Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.95%
100 S Main St, Sanborn, MN 56083
Certificate of Deposit 36 Month Term
$0
2.83%
▲ 0.19% above national avg
▼
Rate2.80%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.19% above avg
Details
Tier 4: $100,000 and over
Ultima Bank Minnesota
Institution Rating:
A+5.0 ★Texas Ratio: 5.52%
9 W Minnesota Ave, Winger, MN 56592
36 Month Certificate
$0
2.82%
▲ 0.18% above national avg
▼
Rate2.80%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.64%▲ 0.18% above avg
Details
Minnesota 48 Month CD Rates
MonitorBankRates National Average · 48 Month CD2.65% APY▼ 0.02% from last week
The national average 48-month CD rate is 2.65% APY as of September 10, 2026. Figures are compiled by MonitorBankRates from more than 8,500 U.S. banks and credit unions.
Source: Verified CD Rate Data provided by MonitorBankRates
Institution
Product
Min Deposit
APY
Profile
Cornerstone State Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.12%
500 Main St, Madison Lake, MN 56063
IRA 36-48 month C.D.
$500
4.55%
▲ 1.90% above national avg
▼
Rate4.50%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 1.90% above avg
Details
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.26%
706 N Walnut St, Chaska, MN 55318
Relationship CD - 48 Month
$0
4.25%
▲ 1.60% above national avg
▼
Rate4.18%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 1.60% above avg
Details
Cornerstone State Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.12%
500 Main St, Madison Lake, MN 56063
IRA 36-48 month C.D.
$500
4.04%
▲ 1.39% above national avg
▼
Rate4.00%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 1.39% above avg
Details
VisionBank Saint Louis Park, MN
Institution Rating:
B4.4 ★Texas Ratio: 21.92%
3059 Joppa Ave S, Saint Louis Park, MN 55416
48 Month Certificate of Deposit
$0
4.00%
▲ 1.35% above national avg
▼
Rate3.94%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 1.35% above avg
Details
Midwest Bank Detroit Lakes, MN
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
105 E Soo St, Parkers Prairie, MN 56361
48 Month or more)
$25,000
4.00%
▲ 1.35% above national avg
▼
Rate3.94%
Min Deposit$25,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 1.35% above avg
Details
$25,000; Term: 48 Month ($25,000 or more)*
Luminate Bank
Institution Rating:
B-4.3 ★Texas Ratio: 23.75%
2523 South Wayzata Boulevard, Minneapolis, MN 55405
48 Month Certificate
$500
3.85%
▲ 1.20% above national avg
▼
Rate3.80%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 1.20% above avg
Details
Midwest Bank Detroit Lakes, MN
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
105 E Soo St, Parkers Prairie, MN 56361
48 Month
$500
3.85%
▲ 1.20% above national avg
▼
Rate3.80%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 1.20% above avg
Details
CorTrust Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.11%
4625 County Highway 101, Minnetonka, MN 55345
4 Year Certificate
$500
3.80%
▲ 1.15% above national avg
▼
Rate3.75%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 1.15% above avg
Details
Drake Bank
Institution Rating:
F1.0 ★Texas Ratio: 77.33%
60 Plato Blvd E, Saint Paul, MN 55107
48 Month Certificate
$0
3.75%
▲ 1.10% above national avg
▼
Rate3.75%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 1.10% above avg
Details
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.26%
706 N Walnut St, Chaska, MN 55318
CD - 48 Month
$0
3.75%
▲ 1.10% above national avg
▼
Rate3.70%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 1.10% above avg
Details
Luminate Bank
Institution Rating:
B-4.3 ★Texas Ratio: 23.75%
2523 South Wayzata Boulevard, Minneapolis, MN 55405
48 Month Certificate
$500
3.70%
▲ 1.05% above national avg
▼
Rate3.65%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 1.05% above avg
Details
Currie State Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.00%
117 S Minnesota Ave, Okabena, MN 56161
48-Month CD
$500
3.60%
▲ 0.95% above national avg
▼
Rate3.55%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.95% above avg
Details
First Citizens Bank Mason City, IA
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
730 Forest Ave E, Mora, MN 55051
48-Month Term
$0
3.55%
▲ 0.90% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.90% above avg
Details
Cornerstone State Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.12%
500 Main St, Madison Lake, MN 56063
IRA 36-48 month C.D.
$500
3.53%
▲ 0.88% above national avg
▼
Rate3.50%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.88% above avg
Details
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
48 Months Certificate
$0
3.50%
▲ 0.85% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.85% above avg
Details
Annually
KodaBank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
398 Pacific Ave, Stephen, MN 56757
48 Month CD Special
$0
3.50%
▲ 0.85% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.85% above avg
Details
First Citizens Bank Mason City, IA
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
730 Forest Ave E, Mora, MN 55051
48-Month Term
$0
3.44%
▲ 0.79% above national avg
▼
Rate3.40%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.79% above avg
Details
PSB of Plainview
Institution Rating:
A-4.7 ★Texas Ratio: 9.93%
100 4th Ave Se, Plainview, MN 55964
48 Month Certificate
$0
3.44%
▲ 0.79% above national avg
▼
Rate3.40%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.79% above avg
Details
KodaBank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
398 Pacific Ave, Stephen, MN 56757
48 Month CD Special
$0
3.40%
▲ 0.75% above national avg
▼
Rate3.40%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.75% above avg
Details
First Citizens Bank Mason City, IA
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
730 Forest Ave E, Mora, MN 55051
48-Month Term
$0
3.34%
▲ 0.69% above national avg
▼
Rate3.30%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.69% above avg
Details
KodaBank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
398 Pacific Ave, Stephen, MN 56757
48 Month CD Special
$0
3.30%
▲ 0.65% above national avg
▼
Rate3.30%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.65% above avg
Details
Bonanza Valley State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.59%
147 Central Ave S, Brooten, MN 56316
48 Month Certificate
$0
3.30%
▲ 0.65% above national avg
▼
Rate3.26%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.65% above avg
Details
Bank Forward
Institution Rating:
A5.0 ★Texas Ratio: 6.75%
106 6th St S, Walker, MN 56484
48 Month Certificate
$500
3.25%
▲ 0.60% above national avg
▼
Rate3.22%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.60% above avg
Details
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
48 Months Certificate
$0
3.25%
▲ 0.60% above national avg
▼
Rate3.25%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.60% above avg
Details
Annually
First Citizens Bank Mason City, IA
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
730 Forest Ave E, Mora, MN 55051
48-Month Term
$0
3.24%
▲ 0.59% above national avg
▼
Rate3.20%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.59% above avg
Details
PSB of Plainview
Institution Rating:
A-4.7 ★Texas Ratio: 9.93%
100 4th Ave Se, Plainview, MN 55964
48 Month Certificate
$0
3.24%
▲ 0.59% above national avg
▼
Rate3.20%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.59% above avg
Details
The Bank of Elk River
Institution Rating:
A-4.8 ★Texas Ratio: 11.19%
630 Main St Nw, Elk River, MN 55330
48 Month IRA Certificate
$200
3.24%
▲ 0.59% above national avg
▼
Rate3.20%
Min Deposit$200
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.59% above avg
Details
***
Lake Central Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.26%
2010 Minnesota Ave, Benson, MN 56215
4 Year Certificate
$0
3.19%
▲ 0.54% above national avg
▼
Rate3.15%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.54% above avg
Details
Early Withdrawal Penalty: 5 Month's Interest
Gate City Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.77%
2929 20th St S, Moorhead, MN 56560
4 Year CD
$0
3.15%
▲ 0.50% above national avg
▼
Rate3.15%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.50% above avg
Details
PSB of Plainview
Institution Rating:
A-4.7 ★Texas Ratio: 9.93%
100 4th Ave Se, Plainview, MN 55964
48 Month Certificate
$0
3.14%
▲ 0.49% above national avg
▼
Rate3.10%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.49% above avg
Details
Citizens Bank Minnesota
Institution Rating:
A+5.0 ★Texas Ratio: 0.16%
513 Main St, Ormsby, MN 56162
Special IRA Certificates of Deposit - 48 month
$0
3.03%
▲ 0.38% above national avg
▼
Rate3.00%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.38% above avg
Details
Compound Frequency: Quarterly
Heritage Bank Minnesota
Institution Rating:
A-4.4 ★Texas Ratio: 8.07%
181 Main St, West Concord, MN 55985
48 Month Fixed CD
$250
3.03%
▲ 0.38% above national avg
▼
Rate3.00%
Min Deposit$250
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.38% above avg
Details
EARLY WITHDRAWAL PENALTIES (Minimum $25): 365 Days Interest
PSB of Plainview
Institution Rating:
A-4.7 ★Texas Ratio: 9.93%
100 4th Ave Se, Plainview, MN 55964
48 Month Certificate
$0
3.03%
▲ 0.38% above national avg
▼
Rate3.00%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.38% above avg
Details
Cornerstone State Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.12%
500 Main St, Madison Lake, MN 56063
36 - 48 Month C.D.
$500
3.02%
▲ 0.37% above national avg
▼
Rate3.00%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.37% above avg
Details
Ultima Bank Minnesota
Institution Rating:
A+5.0 ★Texas Ratio: 5.52%
9 W Minnesota Ave, Winger, MN 56592
IRA Certificate of Deposit 48 Month
$0
3.02%
▲ 0.37% above national avg
▼
Rate3.00%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.37% above avg
Details
Ultima Bank Minnesota
Institution Rating:
A+5.0 ★Texas Ratio: 5.52%
9 W Minnesota Ave, Winger, MN 56592
IRA Certificates of Deposit 48 Month
$0
3.02%
▲ 0.37% above national avg
▼
Rate3.00%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.37% above avg
Details
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
48 Months Certificate
$0
3.00%
▲ 0.35% above national avg
▼
Rate3.00%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.35% above avg
Details
Annually
Community Bank Owatonna
Institution Rating:
A+5.0 ★Texas Ratio: 4.22%
640 W Bridge St, Owatonna, MN 55060
4 Year Certificate
$1,000
3.00%
▲ 0.35% above national avg
▼
Rate3.00%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.35% above avg
Details
PSB of Plainview
Institution Rating:
A-4.7 ★Texas Ratio: 9.93%
100 4th Ave Se, Plainview, MN 55964
48 Month Certificate
$0
2.93%
▲ 0.28% above national avg
▼
Rate2.90%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.28% above avg
Details
Ultima Bank Minnesota
Institution Rating:
A+5.0 ★Texas Ratio: 5.52%
9 W Minnesota Ave, Winger, MN 56592
48 Month Certificate
$0
2.92%
▲ 0.27% above national avg
▼
Rate2.90%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.27% above avg
Details
Heritage Bank N.A.
Institution Rating:
C-3.6 ★Texas Ratio: 31.27%
202 Cofield St N, Raymond, MN 56282
48 Month CD
$0
2.90%
▲ 0.25% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.25% above avg
Details
MidCountry Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.95%
100 S Main St, Sanborn, MN 56083
Certificate of Deposit 48 Month Term - Tier 4
$1,000
2.83%
▲ 0.18% above national avg
▼
Rate2.80%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.18% above avg
Details
PSB of Plainview
Institution Rating:
A-4.7 ★Texas Ratio: 9.93%
100 4th Ave Se, Plainview, MN 55964
48 Month Certificate
$0
2.83%
▲ 0.18% above national avg
▼
Rate2.80%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.18% above avg
Details
Cornerstone State Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.12%
500 Main St, Madison Lake, MN 56063
36 - 48 Month C.D.
$500
2.77%
▲ 0.12% above national avg
▼
Rate2.75%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.12% above avg
Details
Keen Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.51%
101 State St N, Waseca, MN 56093
48 month CD
$2,000
2.75%
▲ 0.10% above national avg
▼
Rate2.75%
Min Deposit$2,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.10% above avg
Details
MidCountry Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.95%
100 S Main St, Sanborn, MN 56083
Certificate of Deposit 48 Month Term - Tier 3
$1,000
2.73%
▲ 0.08% above national avg
▼
Rate2.70%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.08% above avg
Details
Profinium, Inc.
Institution Rating:
A+5.0 ★Texas Ratio: 1.05%
414 N 5th Ave E, Truman, MN 56088
48 Month Certificate of Deposit/IRA
$500
2.70%
▲ 0.05% above national avg
▼
Rate2.67%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▲ 0.05% above avg
Details
MidCountry Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.95%
100 S Main St, Sanborn, MN 56083
Certificate of Deposit 48 Month Term - Tier 2
$1,000
2.63%
▼ 0.02% below national avg
▼
Rate2.60%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▼ 0.02% below avg
Details
Perennial Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.99%
318 N 1st St, Darwin, MN 55324
48 Month Certificate
$1,000
2.52%
▼ 0.13% below national avg
▼
Rate2.50%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▼ 0.13% below avg
Details
American State Bank of Grygla
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
201 Vance Ave S, Erskine, MN 56535
48 MONTH CD
$0
2.42%
▼ 0.23% below national avg
▼
Rate2.40%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.65%▼ 0.23% below avg
Details
Minnesota 60 Month CD Rates
MonitorBankRates National Average · 60 Month CD2.75% APY▼ 0.03% from last week
The national average 60-month CD rate is 2.75% APY as of September 10, 2026. Figures are compiled by MonitorBankRates from more than 8,500 U.S. banks and credit unions.
Source: Verified CD Rate Data provided by MonitorBankRates
Institution
Product
Min Deposit
APY
Profile
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.26%
706 N Walnut St, Chaska, MN 55318
Relationship CD - 60 Month
$0
4.35%
▲ 1.60% above national avg
▼
Rate4.28%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 1.60% above avg
Details
CorTrust Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.11%
4625 County Highway 101, Minnetonka, MN 55345
5 Year Certificate
$500
4.00%
▲ 1.25% above national avg
▼
Rate3.95%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 1.25% above avg
Details
VisionBank Saint Louis Park, MN
Institution Rating:
B4.4 ★Texas Ratio: 21.92%
3059 Joppa Ave S, Saint Louis Park, MN 55416
60 Month Certificate of Deposit
$0
4.00%
▲ 1.25% above national avg
▼
Rate3.94%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 1.25% above avg
Details
Midwest Bank Detroit Lakes, MN
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
105 E Soo St, Parkers Prairie, MN 56361
60 Month or more)
$25,000
4.00%
▲ 1.25% above national avg
▼
Rate3.94%
Min Deposit$25,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 1.25% above avg
Details
$25,000; Term: 60 Month ($25,000 or more)*
Midwest Bank Detroit Lakes, MN
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
105 E Soo St, Parkers Prairie, MN 56361
Limited Time CD Offer! 12, 24, 36, 48, or 60 Month
$25,000
4.00%
▲ 1.25% above national avg
▼
Rate—
Min Deposit$25,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 1.25% above avg
Details
Term: 12, 24, 36, 48, or 60 Month; One GREAT Rate!
Luminate Bank
Institution Rating:
B-4.3 ★Texas Ratio: 23.75%
2523 South Wayzata Boulevard, Minneapolis, MN 55405
60 Month Certificate
$500
3.90%
▲ 1.15% above national avg
▼
Rate3.85%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 1.15% above avg
Details
Midwest Bank Detroit Lakes, MN
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
105 E Soo St, Parkers Prairie, MN 56361
60 Month
$500
3.85%
▲ 1.10% above national avg
▼
Rate3.80%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 1.10% above avg
Details
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.26%
706 N Walnut St, Chaska, MN 55318
CD - 60 Month
$0
3.85%
▲ 1.10% above national avg
▼
Rate3.80%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 1.10% above avg
Details
Drake Bank
Institution Rating:
F1.0 ★Texas Ratio: 77.33%
60 Plato Blvd E, Saint Paul, MN 55107
60 Month Certificate
$0
3.75%
▲ 1.00% above national avg
▼
Rate3.75%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 1.00% above avg
Details
Luminate Bank
Institution Rating:
B-4.3 ★Texas Ratio: 23.75%
2523 South Wayzata Boulevard, Minneapolis, MN 55405
60 Month Certificate
$500
3.75%
▲ 1.00% above national avg
▼
Rate3.70%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 1.00% above avg
Details
Currie State Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.00%
117 S Minnesota Ave, Okabena, MN 56161
60-Month CD
$500
3.65%
▲ 0.90% above national avg
▼
Rate3.60%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.90% above avg
Details
KodaBank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
398 Pacific Ave, Stephen, MN 56757
60 Month CD Special
$0
3.60%
▲ 0.85% above national avg
▼
Rate3.60%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.85% above avg
Details
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
5 Year (60 Month) CD
$0
3.55%
▲ 0.80% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.80% above avg
Details
Annually
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
Business 5 Year CD
$0
3.55%
▲ 0.80% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.80% above avg
Details
Payment Frequency: Annually
First Citizens Bank Mason City, IA
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
730 Forest Ave E, Mora, MN 55051
60-Month Term
$0
3.55%
▲ 0.80% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.80% above avg
Details
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
60 Months Certificate
$0
3.50%
▲ 0.75% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.75% above avg
Details
Annually
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
5 Year (60 Month) CD
$0
3.50%
▲ 0.75% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.75% above avg
Details
Annually
Bell Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.15%
1018 Hobart St, Hawley, MN 56549
Business 5 Year CD
$0
3.50%
▲ 0.75% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.75% above avg
Details
Payment Frequency: Annually
KodaBank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
398 Pacific Ave, Stephen, MN 56757
60 Month CD Special
$0
3.50%
▲ 0.75% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.75% above avg
Details
CNB of Park Rapids
Institution Rating:
A5.0 ★Texas Ratio: 7.58%
300 1st St W, Park Rapids, MN 56470
60 Month CD
$10,000
3.44%
▲ 0.69% above national avg
▼
Rate3.40%
Min Deposit$10,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.69% above avg
Details
***
First Citizens Bank Mason City, IA
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
730 Forest Ave E, Mora, MN 55051
60-Month Term
$0
3.44%
▲ 0.69% above national avg
▼
Rate3.40%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.69% above avg
Details
KodaBank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
398 Pacific Ave, Stephen, MN 56757
60 Month CD Special
$0
3.40%
▲ 0.65% above national avg
▼
Rate3.40%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.65% above avg
Details
Bonanza Valley State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.59%
147 Central Ave S, Brooten, MN 56316
60 Month Certificate
$0
3.40%
▲ 0.65% above national avg
▼
Rate3.36%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.65% above avg
Details
First Citizens Bank Mason City, IA
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
730 Forest Ave E, Mora, MN 55051
60-Month Term
$0
3.34%
▲ 0.59% above national avg
▼
Rate3.30%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.59% above avg
Details
The Bank of Elk River
Institution Rating:
A-4.8 ★Texas Ratio: 11.19%
630 Main St Nw, Elk River, MN 55330
60 Month IRA Certificate
$200
3.29%
▲ 0.54% above national avg
▼
Rate3.25%
Min Deposit$200
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.54% above avg
Details
***
Anoka Hennepin Credit Union
11681 Theatre Dr N, Champlin, MN 55316 2752
60 months
$0
3.25%
▲ 0.50% above national avg
▼
Rate3.20%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.75%▲ 0.50% above avg
Details
Bank Forward
Institution Rating:
A5.0 ★Texas Ratio: 6.75%
106 6th St S, Walker, MN 56484
60 Month Certificate
$500
3.25%
▲ 0.50% above national avg
▼
Rate3.22%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.50% above avg
Details
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
60 Months Certificate
$0
3.25%
▲ 0.50% above national avg
▼
Rate3.25%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.50% above avg
Details
Annually
Gate City Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.77%
2929 20th St S, Moorhead, MN 56560
5 Year CD
$0
3.25%
▲ 0.50% above national avg
▼
Rate3.25%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.50% above avg
Details
First Citizens Bank Mason City, IA
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
730 Forest Ave E, Mora, MN 55051
60-Month Term
$0
3.24%
▲ 0.49% above national avg
▼
Rate3.20%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.49% above avg
Details
Lake Central Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.26%
2010 Minnesota Ave, Benson, MN 56215
5 Year Certificate
$0
3.24%
▲ 0.49% above national avg
▼
Rate3.20%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.49% above avg
Details
Early Withdrawal Penalty: 6 Month's Interest
PSB of Plainview
Institution Rating:
A-4.7 ★Texas Ratio: 9.93%
100 4th Ave Se, Plainview, MN 55964
60 Month Certificate
$0
3.24%
▲ 0.49% above national avg
▼
Rate3.20%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.49% above avg
Details
Lake Central Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.26%
2010 Minnesota Ave, Benson, MN 56215
5 Year - Step Up
$0
3.19%
▲ 0.44% above national avg
▼
Rate3.15%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.44% above avg
Details
Early Withdrawal Penalty: 6 Month's Interest
FNB of Moose Lake
Institution Rating:
A+5.0 ★Texas Ratio: 0.52%
400 Elm Ave, Moose Lake, MN 55767
5 Year CD
$500
3.14%
▲ 0.39% above national avg
▼
Rate3.10%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.39% above avg
Details
Early Withdrawal Penalty: 18 month
PSB of Plainview
Institution Rating:
A-4.7 ★Texas Ratio: 9.93%
100 4th Ave Se, Plainview, MN 55964
60 Month Certificate
$0
3.14%
▲ 0.39% above national avg
▼
Rate3.10%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.39% above avg
Details
Ultima Bank Minnesota
Institution Rating:
A+5.0 ★Texas Ratio: 5.52%
9 W Minnesota Ave, Winger, MN 56592
IRA Certificate of Deposit 60 Month
$0
3.12%
▲ 0.37% above national avg
▼
Rate3.10%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.37% above avg
Details
Ultima Bank Minnesota
Institution Rating:
A+5.0 ★Texas Ratio: 5.52%
9 W Minnesota Ave, Winger, MN 56592
IRA Certificates of Deposit 60 Month
$0
3.12%
▲ 0.37% above national avg
▼
Rate3.10%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.37% above avg
Details
Citizens Bank Minnesota
Institution Rating:
A+5.0 ★Texas Ratio: 0.16%
513 Main St, Ormsby, MN 56162
Special IRA Certificates of Deposit - 60 month
$0
3.03%
▲ 0.28% above national avg
▼
Rate3.00%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.28% above avg
Details
First State Bank and Trust Bayport, MN
Institution Rating:
A+5.0 ★Texas Ratio: 0.25%
950 Highway 95 N, Bayport, MN 55003
60 Month Certificate
$1,000
3.03%
▲ 0.28% above national avg
▼
Rate3.00%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.28% above avg
Details
PSB of Plainview
Institution Rating:
A-4.7 ★Texas Ratio: 9.93%
100 4th Ave Se, Plainview, MN 55964
60 Month Certificate
$0
3.03%
▲ 0.28% above national avg
▼
Rate3.00%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.28% above avg
Details
Ultima Bank Minnesota
Institution Rating:
A+5.0 ★Texas Ratio: 5.52%
9 W Minnesota Ave, Winger, MN 56592
60 Month Certificate
$0
3.02%
▲ 0.27% above national avg
▼
Rate3.00%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.27% above avg
Details
BankVista
Institution Rating:
B4.5 ★Texas Ratio: 20.46%
1501 Adams St, Mankato, MN 56001
60 Months Certificate
$0
3.00%
▲ 0.25% above national avg
▼
Rate3.00%
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.25% above avg
Details
Annually
Community Bank Owatonna
Institution Rating:
A+5.0 ★Texas Ratio: 4.22%
640 W Bridge St, Owatonna, MN 55060
5 Year Certificate
$1,000
3.00%
▲ 0.25% above national avg
▼
Rate3.00%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.25% above avg
Details
FSB of Rosemount
Institution Rating:
F1.0 ★Texas Ratio: 43.05%
3025 145th St W, Rosemount, MN 55068
5 Year CD
$500
3.00%
▲ 0.25% above national avg
▼
Rate3.00%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.25% above avg
Details
Method of Compounding: Annual
FSB of Rosemount
Institution Rating:
F1.0 ★Texas Ratio: 43.05%
3025 145th St W, Rosemount, MN 55068
5 Year Roth IRA
$500
3.00%
▲ 0.25% above national avg
▼
Rate3.00%
Min Deposit$500
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.25% above avg
Details
Method of Compounding: Annual
Heritage Bank N.A.
Institution Rating:
C-3.6 ★Texas Ratio: 31.27%
202 Cofield St N, Raymond, MN 56282
60 Month CD
$0
2.95%
▲ 0.20% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.20% above avg
Details
MidCountry Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.95%
100 S Main St, Sanborn, MN 56083
Certificate of Deposit 60 Month Term
$1,000
2.83%
▲ 0.08% above national avg
▼
Rate2.80%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.08% above avg
Details
Tier 4: $100,000 and over
Heritage Bank Minnesota
Institution Rating:
A-4.4 ★Texas Ratio: 8.07%
181 Main St, West Concord, MN 55985
60 Month Fixed CD
$250
2.78%
▲ 0.03% above national avg
▼
Rate2.75%
Min Deposit$250
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▲ 0.03% above avg
Details
EARLY WITHDRAWAL PENALTIES (Minimum $25): 365 Days Interest
Keen Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.51%
101 State St N, Waseca, MN 56093
60 month CD
$2,000
2.75%
At national avg
▼
Rate2.75%
Min Deposit$2,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%At the average
Details
MidCountry Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.95%
100 S Main St, Sanborn, MN 56083
Certificate of Deposit 60 Month Term
$1,000
2.73%
▼ 0.02% below national avg
▼
Rate2.70%
Min Deposit$1,000
Min Balance—
Verified and UpdatedSep 9, 2026
National Average2.75%▼ 0.02% below avg
Details
Tier 3: $50,000 - $99,999.99
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The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The “Min Deposit” indicates the minimum amount required to earn the stated APY.
Banks and Credit Unions: If you identify an incorrect rate or wish to request removal from MonitorBankRates.com, please contact us here.
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Minnesota CD Rate Trends
Compare local Minnesota CD rate quotes against the statewide average
Daily CD rate averages tracked across our database of 8,500+ banks and credit unions, updated every evening.
12-Month CD MN Avg
2.840%
▲ 0.297 vs 7 days ago
Minnesota 12-month CD rates rose 0.297 points over the past 7 days to 2.840% APY.
6-Month CD MN Avg
2.669%
▲ 0.529 vs 7 days ago
Minnesota 6-month CD rates rose 0.529 points over the past 7 days to 2.669% APY.
As of Sep 10, 2026 • Rate data sourced from 8,500+ monitored institutions
Powered by MonitorBankRates
MN CD Rate Forecast, Next 12 Months
Where are Minnesota CD rates headed through September 2027?
Projections based on Fed funds rate futures and historical CD-to-fed-funds spread model. Not financial advice.
MN 12-Month Avg APY
2.840%
6-Month Forecast
2.840%
Range: 2.64% – 2.99%
12-Month Forecast
3.090%
Range: 2.89% – 3.24%
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What Your Savings Earn at MN CD Rates Today
Annual interest earnings at today’s Minnesota average APYs. State average used where available; national average as fallback.
| CD Term | MN Avg APY | $5,000 | $10,000 | $25,000 | $50,000 |
|---|---|---|---|---|---|
| 3-Month CD | 1.993% | $99.65 | $199.29 | $498.22 | $996.45 |
| 6-Month CD | 2.669% | $133.45 | $266.90 | $667.25 | $1,334.50 |
| 12-Month CD | 2.840% | $142.01 | $284.02 | $710.05 | $1,420.10 |
| 18-Month CD | 2.673% | $133.67 | $267.34 | $668.35 | $1,336.70 |
| 24-Month CD | 2.712% | $135.61 | $271.23 | $678.07 | $1,356.15 |
| 36-Month CD | 2.640% | $132.02 | $264.03 | $660.07 | $1,320.15 |
| 48-Month CD | 2.652% | $132.61 | $265.23 | $663.07 | $1,326.15 |
| 60-Month CD | 2.747% | $137.35 | $274.69 | $686.73 | $1,373.45 |
| Earnings shown are annualized (APY basis). Actual earnings for sub-12-month terms will be proportionally lower at maturity. Rates as of September 9, 2026. | |||||
Sample CD Ladder for Minnesota Savers
$25,000 split equally across 5 terms using today’s Minnesota average rates. As each CD matures, reinvest at the 36-month rung.
| Rung | Term | Deposit | MN Avg APY | Annual Earnings |
|---|---|---|---|---|
| 1 | 3-Month CD | $5,000 | 1.993% | $99.65 |
| 2 | 6-Month CD | $5,000 | 2.669% | $133.45 |
| 3 | 12-Month CD | $5,000 | 2.840% | $142.01 |
| 4 | 24-Month CD | $5,000 | 2.712% | $135.61 |
| 5 | 36-Month CD | $5,000 | 2.640% | $132.02 |
| Total ($25,000 invested) | $25,000 | 2.571% blended | $642.74/yr | |
Ladder example uses equal $5,000 rungs and Minnesota average APYs. Actual earnings depend on the specific institution and product chosen. Use the calculator above to model your exact deposit amounts.
506
CD Rates
Tracked in Minnesota
Tracked in Minnesota
62 Banks
3 Credit Unions
About Our Minnesota CD Rate Database
MonitorBankRates tracks 506 CD rates from 62 banks and 3 credit unions with locations in Minnesota, plus national online institutions available to Minnesota residents. Our proprietary aggregation system pulls verified rate data directly from each institution’s official website, no estimates, no national averages passed off as real offers.
Every rate listed includes the institution’s Safety Grade (A+ to F), Star Rating (1–5), and Texas Ratio, objective financial health metrics calculated from FDIC and NCUA regulatory data, so you can compare yield and institutional safety in one place.
Current top rate: PSB of Plainview offers a CD at 4.63% APY with a minimum deposit of $0. Use the rate table above to compare all current offers in Minnesota.
How to Find the Best CD Rates in Minnesota
What to compare when shopping for a CD in Minnesota
To find the best APYs in Minnesota, start with credit unions and online-only banks: Minnesota has 3 credit unions in our database, and they consistently offer some of the highest yields because they have lower overhead than traditional banks and compete aggressively for deposits.
Always compare the APY (Annual Percentage Yield), not just the interest rate. The APY reflects compounding and is the true measure of what you’ll earn.
Also compare the early withdrawal penalty. Common penalties range from 30 to 180 days of interest depending on the term. If you’re unsure whether you’ll need the funds early, a no-penalty CD or a high-yield savings account may be a better fit.
When a CD Makes Sense in Minnesota
- You have a planned expense coming up and want your savings to earn while you wait
- You expect rates to fall and want to lock in today’s rate
- You want FDIC or NCUA protection with a guaranteed fixed return
- You prefer banking with an institution that has a local branch in Minnesota: 65 institutions here report CD rates
Consider an Alternative If…
- You may need the funds within 30 days. Compare Minnesota savings rates instead
- Rates are rising and you want to benefit: a variable-rate savings or money market account keeps pace
- You want check-writing access. Compare Minnesota money market rates
Minnesota Financial Snapshot
Local demographics and economic context for CD savers. Source: U.S. Census Bureau ACS 2024
Population 65+
17.3%
National avg: 17.3%
Median Individual Earnings
$50,838
National avg: $47,340
Poverty Rate
9.3%
National avg: 11.1%
Unemployment Rate
4.1%
National avg: 4.8%
CD Earnings on 10% of Salary
$144/yr
At MN 12-mo avg 2.840% APY
17.3% of residents are 65 or older, in line with the national average of 17.3%. At today’s MN 12-month CD average of 2.840%, saving 10% of the local median salary ($5,083/year) and putting it in a CD would earn an additional $144 annually in interest.
Data: U.S. Census Bureau, American Community Survey 5-Year Estimates 2024. Median earnings from ACS 2023 place-level estimates.
CD Rates vs. Other Savings Options in Minnesota
What to compare when choosing between a CD and other deposit accounts
| Feature | CD | High-Yield Savings | Money Market | 6-Month CD |
|---|---|---|---|---|
| Rate Type | Fixed APY | Variable APY | Variable APY | Fixed APY |
| Liquidity | Locked for term | Anytime | Anytime | Locked 6 months |
| Early Withdrawal | Penalty (months of interest) | None | None | Penalty (90–180 days interest) |
| FDIC / NCUA Insured | Yes (up to $250K) | Yes (up to $250K) | Yes (up to $250K) | Yes (up to $250K) |
| Check / Debit Access | No | Usually no | Often yes | No |
| Best For | Known savings goal, CD ladder | Emergency fund, flexible savings | Liquid savings with check-writing | Slightly higher yield, less urgency |
How Certificates of Deposit Work in Minnesota
A certificate of deposit (CD) is a deposit account that holds a fixed sum of money for a fixed term, commonly three months to five years, in exchange for a guaranteed interest rate. In return for leaving the money untouched until the term ends, a saver in Minnesota typically earns a higher rate than a standard savings account pays. CDs from banks are insured by the FDIC and those from credit unions by the NCUA, in Minnesota as everywhere in the U.S.
Choosing a CD Term in Minnesota
The term is the length of time the money is committed before the CD matures. Shorter terms such as three or six months give Minnesota savers easier access to their funds. For example, Heritage Bank Minnesota is offering its 6 Month Fixed CD at 4.16% APY. Longer terms such as three or five years usually pay higher rates. On the longer end, Nicolet Bank is offering its Relationship CD - 60 Month at 4.35% APY. When a CD matures, the depositor can withdraw the principal and interest or roll the balance into a new term, so it helps to match the term to when the money will actually be needed.
CD Risk and Safety for Minnesota Savers
CDs are among the lowest-risk savings products available because the rate is fixed for the full term and the balance is federally insured up to $250,000 per depositor, per institution, per ownership category. For a Minnesota saver, the main trade-off is liquidity: withdrawing funds before maturity usually triggers an early-withdrawal penalty, often 30 to 180 days of interest depending on the term.
How CD Interest Is Paid in Minnesota
Interest on a CD is calculated using the annual percentage yield (APY), which reflects the effect of compounding over a year. Depending on the institution, interest may be credited monthly, quarterly, or at maturity, and can be paid out to a linked account or added back to the CD to compound. When comparing the Minnesota CDs listed above, a saver gets the truest picture of total earnings by looking at APY rather than the nominal rate.
Fixed vs. Variable CD Rates in Minnesota
Most CDs carry a fixed rate that is locked for the entire term, protecting a Minnesota depositor if market rates fall after the account is opened. Some institutions offer variable-rate or bump-up CDs whose rate can change during the term; these may start lower but allow the rate to rise if conditions improve. Which is better depends on the direction a saver expects rates to move.
Frequently Asked Questions about CD Rates in Minnesota
Are CD rates in Minnesota FDIC insured?
Yes, most established banks in Minnesota are insured by the FDIC up to $250,000 per depositor. Credit unions carry equivalent protection through the NCUA.
Do I have to pay state taxes on CD interest in Minnesota?
Yes, interest earned on CDs is generally taxable income at both the federal and state levels. We recommend consulting a local tax professional regarding your specific obligations in Minnesota.
Can I withdraw my money early from a CD?
You can, but most institutions charge an Early Withdrawal Penalty, typically a number of months of interest (e.g., 3 or 6 months). The exact amount varies by institution and CD term.
What is the difference between a Jumbo CD and a regular CD?
Jumbo CDs require a higher minimum deposit, traditionally $100,000 or more. In exchange, banks in Minnesota may offer slightly higher APYs compared to standard CDs.
Are fixed-rate CDs better than variable-rate CDs?
Fixed-rate CDs lock in your APY for the full term, protecting you if rates drop. Variable-rate CDs allow your rate to rise with the market but may start with a lower initial yield.
What is a CD ladder?
A CD ladder involves opening multiple CDs with staggered maturity dates, for example 3-month, 6-month, 1-year, and 2-year. As each matures, you reinvest at the longest term, maximizing yield while maintaining regular access to a portion of your savings.
Best CD rates in Minnesota?
Here are recent top rates found for this area:
- PSB of Plainview: 4.63% APY (12 Month Certificate)
- Cornerstone State Bank: 4.55% APY (IRA 36-48 month C.D.)
- Nicolet Bank: 4.35% APY (Relationship CD - 60 Month)
- First Independent Bank Russell, MN: 4.33% APY (24-Month | Fixed)
- Heritage Bank Minnesota: 4.16% APY (3 Month Fixed CD)
- Falcon National Bank: 4.10% APY (18-Month CD)
- Crow Wing Power Credit Union: 4.05% APY (6-Month CD)
- American National Bank of Minnesota: 4.04% APY (6-Month CD Special)
- Anoka Hennepin Credit Union: 4.00% APY (12 months)
- BankVista: 4.00% APY (12 Months Certificate)
Rates reflect recent verified offers available in Minnesota. Last Updated: September 9, 2026
Minnesota CD Calculator
See exactly what a CD will earn by maturity. Enter your deposit, pick a term, and set the APY, or click any current Minnesota rate on the right to apply that term and rate instantly. CD rates are fixed for the full term.
Interest at Maturity
$0
Ending Balance
$0
Matures
—
Assumes the APY is held to maturity with interest compounding and remaining in the CD. Early withdrawals typically forfeit 30–180 days of interest. Estimates are for informational purposes only.
CD Calculators for Minnesota
Minnesota CD Calculator
At today’s MN top rate of 4.63% APY, a $10,000 deposit earns $463 in the first year. Enter your amount to see your exact return.
Minnesota CD LadderMN CD rates currently range from 1.993% (3-month) to 2.640% (36-month). Model a ladder with local rates to keep cash accessible while maximizing yield.
Early Withdrawal PenaltyBefore locking into a Minnesota CD at 4.63% APY, know your exit cost. Most institutions charge 90–180 days of interest. Calculate your real net return if you need early access.
CD vs. High-Yield SavingsMinnesota’s average 12-month CD is 2.840% APY. Compare locking in that rate against a flexible high-yield savings account to see which earns more for your deposit and timeline.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Minnesota CD rate tables are free for consumers to use, and we do not receive payment from any financial institution to be included or to be ranked in any particular order. Listings are based solely on the rates each institution publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified CD Rate Data: We aggregate certificate of deposit (CD) rates for Minnesota directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. By sourcing data from the institutions' own digital properties and manually verifying yields daily, every rate on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in Minnesota. We feature a comprehensive mix of institutions, from neighborhood credit unions and competitive regional banks to high-yield CDs from large national institutions available to savers in MN.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update CD rates daily. Because yields can fluctuate rapidly, every CD product listed features its own specific “last updated” date for full transparency.
Disclaimer: Interest rates are variable and subject to change without notice. Verify current offers directly with the institution's official website. Last Updated and Verified: September 9, 2026
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