CD and savings rates, close to home.
Current rates on CDs, savings, money market and checking from Security Bank & Trust Co., at 21 branches in 18 Minnesota communities.
Security Bank & Trust Co. is a Minnesota community bank headquartered in Glencoe. Compare our CDs, savings, money market and checking, then open an account with a personal banker at any of our 21 branches in 18 communities.
Our CDs and savings at a glance
CDs, 3 months to 5 years
A set rate for a set term.
- Terms of 3 months, 6 months, 1, 2, 3 and 5 years
- $1,000 to open
- Balances of $10,000 or more earn a higher rate
- Interest compounded and credited quarterly
- Renews automatically, with a 10 day grace period at maturity
- A penalty may be imposed for withdrawals before maturity.
39 Month Bump-Up CD
At your discretion, you may change the interest rate on this certificate once during the term.
- Term: 39 months
- $5,000 to open
- Interest compounded and credited quarterly
- Renews automatically, with a 10 day grace period at maturity
- A penalty may be imposed for withdrawals before maturity.
IRA and HSA CDs
Our CD terms, held in an IRA or a health savings account.
- IRA CDs: 1, 2, 3 and 5 years and the 39 Month Bump-Up
- IRA CDs open with $1,000, or $5,000 for the Bump-Up
- HSA CDs: the same five terms, $10,000 to open
- Interest compounded and credited quarterly
- Renews automatically, with a 10 day grace period at maturity
- A penalty may be imposed for withdrawals before maturity.
Savings and money market
The rate depends on your balance tier.
- Savings: $50 to open
- Money Market: $2,500 to open
- Super Kids Savings, for savers 17 and under: no minimum to open
- All three use the same five balance tiers
- Rates may change after the account is opened
Current interest rates and annual percentage yields for every account and balance tier are in the rate tables. Fees could reduce the earnings on the accounts.
Complete rate tables
Interest Rates and Annual Percentage Yield Current as of October 1st, 2026
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Minimum Balance to Open Interest Rate Annual Percentage Yield Advantage Checking 0.01 - 999.99 $500 0.02% 0.02% 1,000.00 - 9,999.99 0.05% 0.05% 10,000.00 - 24,999.99 0.05% 0.05% 25,000.00 - 49,999.99 0.05% 0.05% 50,000.00 and Greater 0.05% 0.05% Premium Checking 0.01 - 999.99 $2,500 0.05% 0.05% 1,000.00 - 9,999.99 0.07% 0.07% 10,000.00 - 24,999.99 0.10% 0.10% 25,000.00 - 49,999.99 0.15% 0.15% 50,000.00 and Greater 0.15% 0.15% Gold Checking 0.01 - 999.99 $50 0.02% 0.02% 1,000.00 - 9,999.99 0.02% 0.02% 10,000.00 - 24,999.99 0.10% 0.10% 25,000.00 - 49,999.99 0.10% 0.10% 50,000.00 and Greater 0.10% 0.10% Edge Checking 0.01 - 999.99 $5,000 0.02% 0.02% 1,000.00 - 24,999.99 0.10% 0.10% 25,000.00 - 99,999.99 0.10% 0.10% 100,000.00 - 499,999.99 0.10% 0.10% 500,000.00 and Greater 0.10% 0.10% Non-Profit Checking 0.01 - 999.99 $500 0.05% 0.05% 1,000.00 - 24,999.99 0.07% 0.07% 25,000.00 - 99,999.99 0.10% 0.10% 100,000.00 - 499,999.99 0.15% 0.15% 500,000.00 and Greater 0.15% 0.15% Public Funds Checking 0.01 - 99,999.99 $500 0.02% 0.02% 100,000.00 - 249,999.99 0.15% 0.15% 250,000.00 - 499,999.99 0.20% 0.20% 500,000.00 - 2,499,999.99 0.30% 0.30% 2,500,000.00 and Greater 1.20% 1.21% -
Minimum Balance to Open Interest Rate Annual Percentage Yield Savings 0.01 - 2,499.99 $50 0.25% 0.25% 2,500.00 - 24,999.99 0.85% 0.85% 25,000.00 - 99,999.99 1.00% 1.00% 100,000.00 - 999,999.99 1.30% 1.31% 1,000,000 and Greater 1.37% 1.38% Money Market 0.01 - 2,499.99 $2,500 0.25% 0.25% 2,500.00 - 24,999.99 0.85% 0.85% 25,000.00 - 99,999.99 1.00% 1.00% 100,000.00 - 999,999.99 1.30% 1.31% 1,000,000.00 and Greater 1.37% 1.38% Super Kids Savings 0.01 - 2,499.99 None 0.25% 0.25% 2,500.00 - 24,999.99 0.85% 0.85% 25,000.00 - 99,999.99 1.00% 1.00% 100,000.00 - 999,999.99 1.30% 1.31% 1,000,000.00 and Greater 1.37% 1.38% Health Savings Account 0.01 - 999.99 $50 0.02% 0.02% 1,000.00 - 9,999.99 0.20% 0.20% 10,000.00 - 24,999.99 0.30% 0.30% 25,000.00 - 49,999.99 0.35% 0.35% 50,000.00 and Greater 0.35% 0.35% -
Minimum Balance to Open Interest Rate Annual Percentage Yield Three month Qualifying Balance up to $9,999.99 $1,000 1.00% 1.00% $10,000 - $49,999.99 2.50% 2.52% $50,000 - $9,999,999.99 2.50% 2.52% Six month Qualifying Balance up to $9,999.99 $1,000 1.00% 1.00% $10,000 - $49,999.99 3.65% 3.70% $50,000 - $9,999,999.99 3.65% 3.70% 1 year Qualifying Balance up to $9,999.99 $1,000 2.00% 2.02% $10,000 - $49,999.99 3.75% 3.80% $50,000 - $9,999,999.99 3.75% 3.80% 2 year Qualifying Balance up to $9,999.99 $1,000 2.00% 2.02% $10,000 - $49,999.99 2.75% 2.78% $50,000 - $9,999,999.99 2.75% 2.78% 3 year Qualifying Balance up to $9,999.99 $1,000 2.00% 2.02% $10,000 - $49,999.99 2.50% 2.52% $50,000 - $9,999,999.99 2.50% 2.52% 39 Month** Bump-up Qualifying Balance up to $49,999.99 $5,000 3.60% 3.65% $50,000 - $9,999,999.99 3.60% 3.65% 5 year Qualifying Balance up to $9,999.99 $1,000 2.00% 2.02% $10,000 - $49,999.99 2.50% 2.52% $50,000 - $9,999,999.99 2.50% 2.52% -
Minimum Balance to Open Interest Rate Annual Percentage Yield 1 year HSA CD $10,000 3.75% 3.80% 2 year HSA CD $10,000 2.75% 2.78% 3 year HSA CD $10,000 2.50% 2.52% 39 Month** HSA Bump-up $10,000 3.60% 3.65% 5 year HSA CD $10,000 2.50% 2.52% -
Minimum Balance to Open Interest Rate Annual Percentage Yield 1 year IRA CD Qualifying Balance up to $9,999.99 $1,000 2.00% 2.02% $10,000 - $49,999.99 3.75% 3.80% $50,000 - $9,999,999.99 3.75% 3.80% 2 year IRA CD Qualifying Balance up to $9,999.99 $1,000 2.00% 2.02% $10,000 - $49,999.99 2.75% 2.78% $50,000 - $9,999,999.99 2.75% 2.78% 3 year IRA CD Qualifying Balance up to $9,999.99 $1,000 2.00% 2.02% $10,000 - $49,999.99 2.50% 2.52% $50,000 - $9,999,999.99 2.50% 2.52% 39 Month** IRA Bump-up Qualifying Balance up to $49,999.99 $5,000 3.60% 3.65% $50,000 - $9,999,999.99 3.60% 3.65% 5 year IRA CD Qualifying Balance up to $9,999.99 $1,000 2.00% 2.02% $10,000 - $49,999.99 2.50% 2.52% $50,000 - $9,999,999.99 2.50% 2.52%
Choosing a CD term
A certificate of deposit pays a set rate for a set term. We offer terms of 3 months, 6 months, 1 year, 2 years, 3 years and 5 years, plus the 39 Month Bump-Up. Most terms open with $1,000, and balances of $10,000 or more earn a higher rate. Interest is compounded and credited quarterly.
When a CD matures
This account will automatically renew. You will have a grace period of 10 calendar days after the maturity date to withdraw funds without a penalty. If you do not withdraw the funds, each renewal term will be for an identical term as the original term.
Taking money out early
A penalty may be imposed for withdrawals before maturity. How much depends on the term of the CD, as set out in the certificate of deposit disclosure.
The 39 Month Bump-Up CD
At your discretion, you may change the interest rate on this certificate once during the term. You may exercise this option by making a request via email to dp@security-banks.com, in writing to 735 11th Street E, Glencoe MN 55336, or in person at any branch. The interest rate and resulting annual percentage yield will change to the interest rate and annual percentage yield being offered by us on a new 39-month Bump-up certificate of deposit for the remainder of the term.
IRA and HSA CDs
Our 1, 2, 3 and 5 year CDs and the 39 Month Bump-Up also come as IRA CDs, with the same opening amounts. HSA CDs come in the same five terms and open with $10,000.
Savings, money market and checking
Savings, money market and Super Kids Savings pay by balance tier, so the rate depends on how much you keep in the account. Savings opens with $50, money market with $2,500, and Super Kids Savings, for savers 17 and under, with no minimum. To compare the accounts side by side, see personal checking and savings accounts.
Advantage, Premium and Gold Checking pay interest on personal accounts. For a business, Edge Checking and Non-Profit Checking pay interest; see business checking and savings. Cities, counties, townships and school districts use Public Funds Checking, covered with our municipal banking services.
Interest rates and annual percentage yield may change after opening. We may change the rate at any time.
Where to open an account
We have been a Minnesota community bank since 1935, headquartered in Glencoe. Open a CD or savings account with a personal banker at any of our 21 branches:
McLeod County: Glencoe Downtown, Glencoe Corporate, Winsted, Brownton, Plato
Carver County: Waconia, Waconia Mackenthun's, Chaska, Cologne, Hamburg, Mayer, New Germany
Hennepin County: Minnetonka, Eden Prairie, Wayzata
Isanti County: Cambridge Downtown, Cambridge East, Isanti
Anoka County: Ramsey
Ramsey County: North Oaks
Sibley County: New Auburn
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Customers across the Twin Cities metro and greater Minnesota bank with us too. Start with a personal banker wherever you are.
Common questions about our rates
How much do I need to open a CD?
$1,000 for our 3 month through 5 year CDs and $5,000 for the 39 Month Bump-Up CD. HSA CDs open with $10,000. On every term except the Bump-Up, balances of $10,000 or more earn a higher rate than smaller balances.
What is a bump-up CD?
A CD that lets you move to a higher rate if ours goes up. On the 39 Month Bump-Up CD: At your discretion, you may change the interest rate on this certificate once during the term. You can ask by email, in writing or in person at any branch.
What happens if I take money out of a CD early?
A penalty may be imposed for withdrawals before maturity. For Certificates of Deposit less than 12 months, a penalty of 3 months' interest on the amount withdrawn may be imposed. For Certificates of Deposit 12 months to 24 months, a penalty of 6 months' interest on the amount withdrawn may be imposed. For Certificates of Deposit 25 months and greater, a penalty of 12 months' interest on the amount withdrawn may be imposed. By term: 3 and 6 month CDs, 3 months' interest; 1 and 2 year CDs, 6 months' interest; 3 year, 39 Month Bump-Up and 5 year CDs, 12 months' interest.
What happens when my CD matures?
This account will automatically renew. You will have a grace period of 10 calendar days after the maturity date to withdraw funds without a penalty. If you do not withdraw the funds, each renewal term will be for an identical term as the original term.
How is interest calculated?
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the balance in the account each day.
Do your savings and checking rates change?
Interest rates and annual percentage yield may change after opening. We may change the rate at any time. For the most current rate and yield, call us at (320) 864-3171.
How do I open an account?
Start with a personal banker, stop into any of our 21 Minnesota branches, or download the consumer application and bring it with you. Bring a government-issued photo ID, your Social Security number and the opening deposit. Opening for a business? Start with business checking and savings.
Are deposits at Security Bank & Trust Co. FDIC insured?
Yes. Security Bank & Trust Co. is a Member FDIC. Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
Page last reviewed October 2026.
Open a CD or savings account at any of our 21 branches.
CERTIFICATE OF DEPOSIT DISCLOSURE:
Rate and Annual Percentage Yield (APY) Information: Certificates of Deposit are interest-bearing accounts. The interest rate and annual percentage yield are accurate as of the date indicated at the top of this rate page. If you would like more current interest rate and annual percentage yield information, please call us at (320) 864-3171. Interest begins to accrue on the business day you deposit non-cash items (for example, checks). Fees could reduce earnings on the account.
Balance Information: The minimum balance to obtain the disclosed annual percentage yield is $0.01. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the balance in the account each day.
Deposit Limitations: You may make an additional deposit to your account during the 10-calendar day grace period after maturity. Otherwise, you may not make deposits during the term of the CD.
Early Withdrawal Penalties: A penalty may be imposed for withdrawals before maturity. For Certificates of Deposit less than 12 months, a penalty of 3 months' interest on the amount withdrawn may be imposed. For Certificates of Deposit 12 months to 24 months, a penalty of 6 months' interest on the amount withdrawn may be imposed. For Certificates of Deposit 25 months and greater, a penalty of 12 months' interest on the amount withdrawn may be imposed. Some exceptions may apply.
Renewal: This account will automatically renew. You will have a grace period of 10 calendar days after the maturity date to withdraw funds without a penalty. If you do not withdraw the funds, each renewal term will be for an identical term as the original term. If your account is not renewed, the funds will be paid directly to you.
**39 Month Bump-Up CD: At your discretion, you may change the interest rate on this certificate once during the term. You may exercise this option by making a request via email to dp@security-banks.com, in writing to 735 11th Street E, Glencoe MN 55336, or in person at any branch. The interest rate and resulting annual percentage yield will change to the interest rate and annual percentage yield being offered by us on a new 39-month Bump-up certificate of deposit for the remainder of the term. The bank reserves the right to decline or to accept any deposit at its discretion and to limit the amount of any public, commercial, or brokered accounts.
CHECKING AND SAVINGS ACCOUNT INFORMATION:
Interest rates and annual percentage yield may change after opening. The interest rate and annual percentage yield (APY) are accurate as of the date indicated at the top of this page. If you would like more current rate and yield information, please call us at (320) 864-3171. At our discretion, we may change the interest rate on accounts. We may change the rate at any time. Interest begins to accrue on the business day you deposit non-cash items (for example, checks) into your account. Fees could reduce the earnings on the accounts. Contact a bank associate for more information.