There are many Minnesota CD rates available but one stands out above the rest. These are the rates from Viking Savings Bank. They are located on Broadway in Alexandria, Minnesota. They offer their customers three different kinds of CDs.
The Dream fund is a set of CD that has great rates. The requirement for this CD is that there be a minimum of one additional deposit during the term of the CD. The minimum amount of deposit and the transfer is $25.00.
The Dream fund’s rates are as follows. The 5 month CD has an interest rate and APY of 1.20%. The 9 month CD has an interest rate and APY of 1.55%. The 16 month CD has an interest rate and APY of 1.75%, and the 30 month CD has an interest rate and APY of 2.20%.
There are two Special CDs. The 13 month CD has an interest rate and APY of 1.75%, and the 22 month CD has an interest rate and APY of 2.05%. Both of these require a minimum deposit of $500 when the account is opened.
The regular CD rates from this bank are also good. The 6 month CD has an interest and APY of 1.25%. The 12 month CD has an interest and APY of 1.60%. The 24 month CD has an interest and APY of 2.00%. The 36 month CD has an interest and APY of 2.45%. The 48 month CD has an interest and APY of 2.85%, and the 60 month CD has an interest and APY of 3.10%.
Each of the regular CDs requires a minimum deposit of $500. These rates were posted in August 2, 2010 and were still current as of August 4, 2010.
This financial institution also has online banking for their customer’s convenience. When looking for Minnesota CD rates, look at the Viking Savings Bank.
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