Highest CD Rates in Minnesota
In our final installment of regional looks at the highest CD rates available, we here at Highest CD Rates Info are looking at the best CD rates in Minnesota. As usual, we’ll list them by term and rank by annual percentage yield (APY). Any other information such as minimum deposits will also be included.
1 Year Term Best CD Rates in Minnesota
Discover Bank and Inter Bank both offer a 2.00% APY for this term with a $2,500 and $5,000 minimum deposit requirement. Think Mutual Bank has a 1.75% APY with a low $250 minimum deposit and MidCountry Bank has a 1.25% APY with a $500 minimum deposit requirement.
3 Year Term Highest CD Rates in Minnesota
For this term, the highest CD rates are at MidCountry Bank with a 2.85% APY and a $500 minimum deposit requirement. Discover Bank has a 2.75% APY with a $2,500 minimum deposit, while Think Mutual Bank has a 2.40% APY with a $250 minimum deposit.
5 Year Term Minnesota CD Rates
This popular longer term shows current CD rates are highest at Discover Bank with a 3.25% APY and $2,500 minimum deposit requirement. Think Mutual Bank has a 3.15% APY with a low $250 minimum deposit and MidCountry Bank has a 3.10% APY with a $500 minimum deposit requirement.
6 Month Term Best CD Rates in Minnesota
Best rates are at InterBank at 1.50% APY for a $5,000 minimum deposit requirement. Discover Bank has a 1.25% APY with their $2,500 minimum deposit requirement while Think Mutual Bank has a 1.15% APY with a low $250 minimum deposit required.
All banks listed are FDIC insured. These best CD rates in Minnesota won’t last long, so if any of these highest CD rates appeal to you, lock your rate in now.