When you're looking for more aggressive growth, look to our CDs
Your business planning includes all types of what-if scenarios and safety nets for the unexpected. When it comes to building up your savings, add KodaBank's CDs to your plan.
Our various CDs generate investment-quality returns that can green-light your next big project, fill financial gaps in the future or simply give your bottom line a nice boost.
- $1,000 minimum deposit
- Choose investment terms ranging from three months to five years
- Earn money at a higher interest rate than a traditional savings account
- Our tiered rate structure means larger balances can earn even higher returns
Current Rates
| CD Type | Rate | APY*** |
|---|---|---|
|
3 Month:
$1,000 - $24,999*
$25,000 - $99,999*
$100,000+*
|
4.00%
4.10%
4.20%
|
4.06%
4.16%
4.27%
|
|
6 Month:
$1,000 - $24,999*
$25,000 - $99,999*
$100,000+*
|
3.75%
3.85%
3.95%
|
3.79%
3.89%
3.99%
|
|
12 Month:
$1,000 - $24,999*
$25,000 - $99,999*
$100,000+*
|
3.50%
3.60%
3.70%
|
3.50%
3.60%
3.70%
|
|
24 Month:
$1,000 - $24,999*
$25,000 - $99,999*
$100,000+*
|
3.25%
3.35%
3.45%
|
3.25%
3.35%
3.45%
|
|
36 Month:
$1,000 - $24,999*
$25,000 - $99,999*
$100,000+*
|
3.00%
3.10%
3.20%
|
3.00%
3.10%
3.20%
|
|
48 Month:
$1,000 - $24,999*
$25,000 - $99,999*
$100,000+*
|
3.00%
3.10%
3.20%
|
3.00%
3.10%
3.20%
|
|
60 Month:
$1,000 - $24,999*
$25,000 - $99,999*
$100,000+*
|
3.00%
3.10%
3.20%
|
3.00%
3.10%
3.20%
|
9 MONTH CD SPECIAL:
- 4.50% Rate | 4.53% APY
- $2,500 minimum opening deposit
- New money only
15 MONTH CD SPECIAL:
- 4.15% Rate | 4.16% APY
- $2,500 minimum opening deposit
- New money only
Rates Effective November 18, 2024
*A penalty may be imposed for early withdrawal
**APY = Annual Percentage Yield
KodaBank is a full-service financial institution with branches catering to customers in Northeast North Dakota and Northwest Minnesota. You can find those branches in Drayton, Grand Forks, Fargo, Neche, Walhalla, Minto, Hamilton, Cavalier, and Pembina, ND, and Bemidji, Kennedy, and Stephen, MN.
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