Interest Rates

Rates are effective as of May 15, 2014. Interest rates are subject to change at managements discretion, please inquire for more information. Complete Truth-in-Savings Disclosures are available upon request. Call 218-732-3366, toll-free 888-560-3366, or e-mail us.

CERTIFICATES OF DEPOSIT

Minimum investment is $500.00.
* Early withdrawal penalties may apply. Withdrawals will reduce earnings.

Term Interest Rate Annual Percentage Yield (APY)
3 Month 0.15% 0.15%
6 Month 0.25% 0.25%
9 Month 0.35% 0.35%
12 Month 0.50% 0.50%
18 Month 0.60% 0.60%
24 Month 0.70% 0.70%
30 Month 0.80% 0.80%
36 Month 0.90% 0.90%
42 Month 1.00% 1.00%
48 Month 1.10% 1.10%
60 Month 1.25% 1.26%
18 Month Variable Rate IRA 0.85% 0.85%
30 Month Fixed Rate IRA 1.00% 1.00%

 

MONEY MARKET ACCOUNT

Interest rates are variable and subject to change at managements discretion. $10 fee if balance falls below $1000.00. Forfeiture may reduce earnings. Transaction limits apply.

Balance Range Interest Rate Annual Percentage Yield (APY)
Ave Balance less than $1000 .10% .10%
Ave Balance $1000-$9999.99 .15% .15%
Ave Balance $10,000-24,999.99 .20% .20%
Ave Balance $25,000-49,999.99 .25% .25%
Ave Balance $50,000-99,999.99 .30% .30%
Ave Balance > $100,000 .40% .40%

 

HIGHER LEARNING FUND

Penalty for early withdrawal. Withdrawals will reduce earnings. Account matures in the year the child is expected to graduate from high school. Interest rate floor is 4.0%. Variable rate, changes quarterly.

Interest Rate Annual Percentage Yield (APY)
4.00% 4.06%