Watch your savings grow with Certificates of Deposit (CDs) from My Kind of Bank. With a wide range of terms and competitive fixed interest rates, our CDs are a safe and reliable way to achieve your financial goals. Whether you're planning for the future or maximizing your investment strategy, our CDs offer fixed interest rates and guaranteed growth at any of our relationship-focused branches in Henning, Ottertail, Battle Lake, Evansville, and Detroit Lakes. Open a CD today for market savings solutions with locally invested agents who keep you in mind- My Kind of Bank, First National Bank.
Key Features
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Competitive, Fixed Interest
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Wide Range of Terms
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Automatic Renewal
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Guaranteed Returns
- Fixed interest, higher than regular savings accounts
- Rate increases along with the length of the term
- More guarantee than other risky investments
- Wide range of terms available (from 3 months to 5 years)
- Subject to penalty upon early withdrawal
- Renews automatically upon maturity
- $500 minimum deposit to open
FDIC insurance doesn't have to stop at $250,000. CDARS offer full FDIC insurance for all CDs over $250,000. Plus, we handle the management of your CDs on our end. That way, you gain better rates and peace of mind without inheriting the workload to match.
- Earn competitive rates, higher than regular savings, which may compare favorably with other investment alternatives
- Greater security; multi-million dollar FDIC insurance coverage
- Convenience; everything is managed internally by 1st National Bank:
- One interest rate
- One regular statement
- One year-end tax form
- Flexible maturity periods available
- Helps support lending opportunities within your local community
