Rates

Certificate of Deposits

Effective May 11, 2023 Annual Percentage Yield (APY)
  •  
    Rate
    APY
    Term
  • Loan Type:

    7 Month Certificate of Deposit Special*

    Rate: 5.05%
    APY: 5.10%
    Term: 7 Months
  • Loan Type:

    11 Month Certificate of Deposit Special*

    Rate: 5.24%
    APY: 5.25%
    Term: 11 Months
  • Loan Type:

    90 Day Certificate of Deposit

    Rate: .10%
    APY: .10%
    Term: 90 Days
  • Loan Type:

    182 Day Certificate of Deposit

    Rate: .10%
    APY: .10%
    Term: 182 Days
  • Loan Type:

    12 Month Certificate of Deposit

    Rate: .40%
    APY: .40%
    Term: 12 Months
  • Loan Type:

    24 Month Certificate of Deposit

    Rate: .65%
    APY: .65%
    Term: 24 Months
  • Loan Type:

    30 Month Certificate of Deposit

    Rate: .70%
    APY: .70%
    Term: 30 Months
  • Loan Type:

    36 Month Certificate of Deposit

    Rate: .75%
    APY: .75%
    Term: 36 Months
  • Loan Type:

    48 Month Certificate of Deposit

    Rate: .90%
    APY: .90%
    Term: 48 Months
  • Loan Type:

    60 Month Certificate of Deposit

    Rate: 1.00%
    APY: 1.00%
    Term: 60 Months

The minimum balance to open an account is $500.00. A penalty may be imposed for early withdrawal. Interest will be compounded annually on terms of 12 months or more and at maturity on CD’S due in less than 12 months.
*Offer limited to new CD accounts only and funds to open account may not be transferred from an existing MinnStar Bank N.A. account. The minimum balance to open an account and obtain the annual percentage yield is $5,000. A penalty may be imposed for early withdrawal. Interest will be compounded annually on terms of 12 months or more and at maturity on CD’S due in less than 12 months.

Interest Checking & Savings

Effective July 24, 2023 Annual Percentage Yield (APY)

Interest Rewards Checking**

Rate

Unqualified: 0.10%

Qualified:
$0.01 – $15,000.00 – 3.05%
$15,000.01 and over – 0.25%

APY

Unqualified: 0.10%

Qualified:
$0.01 – $15,000.00 – 3.09%
$15,000.01 and over – 0.23%

Term

N/A

Quarterly Savings

Rate

0.20%

APY

0.20%

Term

N/A

Money Market Savings

Rate

0.25%

APY

0.25%

Term

N/A

Elite Savings***

Rate

$0.01 – $24,999.99 – 1.00%
$25,000.00 – $49,999.99 – 2.05%
$50,000 and over 3.50%

APY

$0.01 – $24,999.99 – 1.00%
$25,000.00 – $49,999.99 – 2.05%
$50,000 and over 3.50%

Term

N/A

Youth Savings****

Rate

$0.01 – $10,000 – 1.50%
$10,000.01 and over – $0.25%

APY

$0.01 – $10,000 – 1.51%
$10,000.01 and over – $0.25%

Term

N/A

**Interest Rewards Checking

  • The interest rate and annual percentage yield for your account depend upon the applicable rate
    tier. The interest rate and annual percentage yield for these tiers may change.
  • Interest is accrued on a daily ledger balance and credited to the account monthly

  • Qualified requirements: Additional Interest may be earned on this account if BOTH of the
    following account activities are met each monthly statement cycle.

    • Make fifteen (15) debit card transactions
    • Receive one (1) direct deposit or make one (1) automatic payment
  • Earn up to 3.09% annual percentage yield on balances between $0.01 and $15,000. Balances
    over $15,000 will earn an interest rate on the portion of the balance over $15,000, resulting in a
    range of 3.09% to 0.23% APY depending on the balance.

***Elite Savings

  • The interest rate and annual percentage yield for your account depend upon the applicable rate
    tier. The interest rate and annual percentage yield for these tiers may change.
  • Interest is accrued on a daily ledger balance and credited to the account monthly

****Youth Savings

  • The interest rate and annual percentage yield for your account depend upon the applicable rate
    tier. The interest rate and annual percentage yield for these tiers may change.
  • Earn up to 1.51% Annual Percentage yield on balance between $0.01 and $10,000. Balances
    over $10,000 will earn an interest rate on the portion of the balance over $10,000, resulting in a
    range of 1.51% to 0.38% APY depending on the balance.
  • Interest is accrued on an average daily ledger balance and credited to the account quarterly