Deal Summary

$1000 minimum opening balance, 3-month to 84-month tiers, 0.01% APY for most terms with a top APY rate of 0.40% for 18-month CD’s, dividends paid upon maturity or semi-annually based on the term

Minnesota Bank and Trust’s Top CD Rates

The top CD APY offered by Minnesota Bank and Trust is 0.40% for an 18-month CD.

12-month terms yield an APY of 0.30%, 6-month terms an APY of 0.15%, and all other tiers have an APY of 0.01%.

There are tiers available from between 3-months to 84-months with a standard fixed interest rate of 0.01%. The CDs with longer terms yield higher interest rates.

Terms less than one year have dividends paid out at the maturity of the CD and longer terms have interest compounded semi-annually.

Applicable penalties may be charged to the account for early withdrawals. CD’s roll over at time of maturity, giving members the option to increase further savings. 


To purchase a CD through Minnesota Bank and Trust you must first be a member and live in Minnesota. Visit a branch to open a new saving or checking account. You can get in touch with a personal banker online through their website. 

Branches in Minnesota 

Minnetonka, Edina

Bank Overview

Minnesota Bank and Trust is a local partner of the parent company Heartland Financial. Minnesota Bank and Trust is a community focused bank which provides financial products for the community they serve. They have been listed in Forbes as one of the best banks in America for the previous four years in a row. Benefits of joining Minnesota Bank and Trust include user-friendly mobile and online banking, a personal banker and financial team for comprehensive services and advising, and competitive interest rates.

Even though they manage over $15 billion dollars in assets, they are dedicated to being not just a financial partner, but a family member to the community they serve. Bankers and employees of Minnesota Bank and Trust live, work, and worship in the same communities as their members. They send their children to school with your children and volunteer in their community. Growing their members’ financial wellness benefits the communities that they also live in which is part of the reason why they are dedicated to delivering the best quality services.

The bank gives back to their local Minnesota community in many ways. By providing financial wellness advising and products, they strengthen and help grow the community as a whole. In addition to direct financial contributions through annual donations, bankers and employees of the bank also contribute with manual labor and volunteer work within their communities. Many bankers and employees are active on local boards and clubs within their service area.

You can find comprehensive personal banking and investment services, lending for purchasing a home, and tools for small businesses through this bank. This bank is local enough to know what challenges are facing your community while also having the broad industry expertise of a national bank.