Rates
Certificate of Deposits
Effective May 11, 2023 Annual Percentage Yield (APY)
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Loan Type:
7 Month Certificate of Deposit Special*
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Loan Type:
11 Month Certificate of Deposit Special*
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Loan Type:
90 Day Certificate of Deposit
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Loan Type:
182 Day Certificate of Deposit
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Loan Type:
12 Month Certificate of Deposit
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Loan Type:
24 Month Certificate of Deposit
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Loan Type:
30 Month Certificate of Deposit
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Loan Type:
36 Month Certificate of Deposit
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Loan Type:
48 Month Certificate of Deposit
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Loan Type:
60 Month Certificate of Deposit
Loan Type:
7 Month Certificate of Deposit Special*
Loan Type:
11 Month Certificate of Deposit Special*
Loan Type:
90 Day Certificate of Deposit
Loan Type:
182 Day Certificate of Deposit
Loan Type:
12 Month Certificate of Deposit
Loan Type:
24 Month Certificate of Deposit
Loan Type:
30 Month Certificate of Deposit
Loan Type:
36 Month Certificate of Deposit
Loan Type:
48 Month Certificate of Deposit
Loan Type:
60 Month Certificate of Deposit
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
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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