Rates

Interest Rates and Annual Percentage Yield Current as of July 1st, 2021.

Checking & Savings Account Rates

Download Checking & Savings Account Rate Sheet PDF

Product	Range	Rate	APY	Minimum Deposit to Open Account	Minimum Balance to Obtain APY
H S A	$0.01 – $4,999.99	0.02%	0.02%	$50	$0.01
	$5,000 – $9,999.99	0.02%	0.02%
	$10,000 – $19,999.99	0.02%	0.02%
	$20,000 and up	0.03%	0.03%
Preferred Business	$200 – $2,499.99	0.02%	0.02%	$50	$200
	$2,500 – $99,999.99	0.02%	0.02%
	$100,000 and up	0.03%	0.03%
Preferred	$500 – $2,499.99	0.02%	0.02%	$50	$500
	$2,500 – $99,999.99	0.02%	0.02%
	$100,000 and up	0.03%	0.03%
Public Funds / Government Checking	Up to $99,999.99	0.02%	0.02%	$50	$0.01
	$100,000 – $249,999.99	0.02%	0.02%
	$250,000 – $499,999.99	0.02%	0.02%
	$500,000 and up	0.02%	0.02%
Security Gold	$200 – $999.99	0.02%	0.02%	$50	$200
	$1,000 – $4,999.99	0.02%	0.02%
	$5,000 – $24,999.99	0.02%	0.02%
	$25,000 and up	0.03%	0.03%
Money Market	$2,500 – $24,999.99	0.02%	0.02%	$50	$2,500
	$25,000 – $99,999.99	0.03%	0.03%
	$100,000 – $999,999.99	0.05%	0.05%
	$1,000,000 and up	0.07%	0.07%
Savings	$0.01 – $2,499.99	0.02%	0.02%	$50	$0.01
	$2,500 – $24,999.99	0.03%	0.03%
	$25,000 – $99,999.99	0.03%	0.03%
	$100,000 – $999,999.99	0.05%	0.05%
	$1,000,000 and up	0.07%	0.07%

Consumer Certificate of Deposit Rates

Download Consumer Certificate of Deposit Rate Sheet PDF

Term	Range	Interest Rate	APY	Minimum Deposit to Open Account	Minimum Balance to Obtain APY
3 Months	Qualifying balance up to $9,999.99	0.05%	0.05%	$1,000	$1,000
	$10,000 – $49,999.99	0.05%	0.05%
	$50,000 – $9,999,999.99	0.05%	0.05%
6 Month	Qualifying balance up to $9,999.99	0.05%	0.05%	$1,000	$1,000
	$10,000 – $49,999.99	0.05%	0.05%
	$50,000 – $9,999,999.99	0.05%	0.05%
1 Year	Qualifying balance up to $9,999.99	0.10%	0.10%	$1,000	$1,000
	$10,000 – $49,999.99	0.10%	0.10%
	$50,000 – $9,999,999.99	0.10%	0.10%
2 Year	Qualifying balance up to $9,999.99	0.20%	0.20%	$1,000	$1,000
	$10,000 – $49,999.99	0.20%	0.20%
	$50,000 – $9,999,999.99	0.20%	0.20%
3 Year	Qualifying balance up to $9,999.99	0.30%	0.30%	$1,000	$1,000
	$10,000 – $49,999.99	0.30%	0.30%
	$50,000 – $9,999,999.99	0.30%	0.30%
39 Month Step-up	Qualifying balance up to $49,999.99	0.40%	0.40%	$5,000	$5,000
	$50,000 – $9,999,999.99	0.40%	0.40%
5 Year	Qualifying balance up to $9,999.99	0.50%	0.50%	$1,000	$1,000
	$10,000 – $49,999.99	0.50%	0.50%
	$50,000 – $9,999,999.99	0.50%	0.50%

HSA Certificate of Deposit Rates

Download HSA Certificate of Deposit Rate Sheet PDF

Term	Interest Rate	APY	Minimum Deposit to Open Account	Minimum Balance to Obtain APY
1 Year*	0.10%	0.10%	$10,000	$10,000
2 Year*	0.20%	0.20%	$10,000	$10,000
3 Year*	0.30%	0.30%	$10,000	$10,000
39 Month Step-up*	0.40%	0.40%	$10,000	$10,000
5 Year*	0.50%	0.50%	$10,000	$10,000

* A penalty may be imposed for early withdrawal.

Consumer IRA Certificate of Deposit Rates

Download Consumer IRA Certificate of Deposit Rate Sheet PDF

Term	Range	Interest Rate	APY	Minimum Deposit to Open Account	Minimum Balance to Obtain APY
Variable†	$0.01 – $49,999.99	0.02%	0.02%	$50	$0.01
	$50,000 – $99,999.99	0.02%	0.02%
	$100,000 – $9,999,999.99	0.052	0.02%
1 Year*	Qualifying balance up to $9,999.99	0.10%	0.10%	$1,000	$1,000
	$10,000 – $49,999.99	0.10%	0.10%
	$50,000 – $9,999,999.99	0.10%	0.10%
2 Year*	Qualifying balance up to $9,999.99	0.20%	0.20%	$1,000	$1,000
	$10,000 – $49,999.99	0.20%	0.20%
	$50,000 – $9,999,999.99	0.20%	0.20%
3 Year*	Qualifying balance up to $9,999.99	0.30%	0.30%	$1,000	$1,000
	$10,000 – $49,999.99	0.30%	0.30%
	$50,000 – $9,999,999.99	0.30%	0.30%
39 Month Step-up*	Qualifying balance up to $49,999.99	0.40%	0.40%	$5,000	$5,000
	$50,000 – $9,999,999.99	0.40%	0.40%
5 Year*	Qualifying balance up to $9,999.99	0.50%	0.50%	$1,000	$1,000
	$10,000 – $49,999.99	0.50%	0.50%
	$50,000 – $9,999,999.99	0.50%	0.50%

* A penalty may be imposed for early withdrawal.
^† Interest Rate and Annual Percentage Yield may change after account opening.

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. During any calendar month or statement cycle of a least 4 weeks, you may not make more than six withdrawals or transfers from your Money Market or Savings account to another account of yours or to a third party by means of a preauthorized, automatic, or telephone transfer, or transfers or withdrawals made by check, draft, debit card or similar order to a third party. Contact a bank associate for more information.

CERTIFICATE OF DEPOSIT DISCLOSURE:

Rate and Annual Percentage Yield 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 rate and 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 stated annual percentage yield is the same as the opening balance requirement. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

Deposit Limitations: After the account is opened, additional deposits to your Certificate of Deposit are not allowed until maturity.

Early Withdrawal Penalties: For a Certificates of Deposit of less than 12 months, a penalty of 3 months interest may be imposed. For Certificates of Deposit 12 months to 23 months, a penalty of 6 months interest may be imposed. For Certificates of Deposit 24 months and greater, a penalty of 12 months interest 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.