Best 18-Month CD Rates in Minnesota, MN

You are viewing rates from banks across Minnesota

Below are eighteen-month Certificates of Deposit (CD) rates from banks in Minnesota . Eighteen Month CDs offer a bit more yield than 1-year CDs but require a longer time-commitment. Like any CD, you should consider the trade-off between the difference in yield and the required time commitment. If an 18 month CD pays significantly above the yield of a 12-month CD, it may be worth opening.

MN - December 11, 2024

18 Month CD National Average : 0.58% ^?

Banks	APY	MIN	MILES ^?
VisionBank	4.25%	$1,000	-	Learn More Add Review
Rate History: 3.00% → 4.25%
Profinium, Inc.	4.06%	$500	-	Learn More Add Review
Rate History: 4.16% → 4.06%
Pioneer Bank	4.00%	$500	-	Learn More Add Review
Banesco USA	3.90%	$1,000	-	Learn More
Early Withdrawal Penalty is 180 days interest. Rate History: 0.50% → 4.50% → 4.30% → 4.20% → 3.90%
Dkplan \| Dec 27, 2022 They gave a hard time with their cashier's check. They returned my deposited check that was emitted by them. Could you believe? Read More Reviews (8)
Citibank, National Association	3.85%	$0	-	Learn More
Rate History: 2.50% → 2.00% → 3.75% → 2.45% → 3.85%
Azoic \| Feb 25, 2022 I joined Citi with a Costco-VISA card. An Accelerate followed, and then a checking account. Costco-VISA is necessary for using a credit card at Costco, otherwise cash is necessary. Accelerate Savings w... Read More Reviews (11)
AMERIPRISE BANK, FSB	3.80% 3.70%	$100,000 $0	-	Learn More Add Review
Rate History: 4.05% → 4.00% → 3.85% → 3.70% → 3.80%
Capital One, National Association	3.80%	$0	-	Learn More
Rate History: 4.50% → 4.45% → 4.25% → 3.90% → 3.80%
highstream \| Jan 2, 2024 Like others, I've been with Capital One and its predecessor ING Direct since 2007. I've also been getting cheap bank rates on my savings account and didn't realize that there was something better, although... Read More Reviews (14)
Bell Bank	3.05% 3.00%	$99,999 $500	-	Learn More Add Review
Rate History: 3.58% → 3.55% → 3.05%
BankVista	2.51%	$1,000	-	Learn More Add Review
Rate History: 2.00% → 2.53% → 2.51%
Bremer Bank, National Association	2.25% 2.00%	$25,000 $10,000	-	Learn More Add Review
Rate History: 2.50% → 2.25%
JPMorgan Chase Bank, National Association	2.00%	$10,000	-	Learn More
Rate History: 3.00% → 2.50% → 2.00%
Hayley7788d@outlook.com \| Jan 2, 2023 Terrible customer service by investment side. Fees too high , too full of themselves Read More Reviews (18)
USAA Federal Savings Bank	1.80%	$1,000	-	Learn More
Rate History: 4.65% → 4.20% → 4.05% → 2.80% → 1.80%
RYAN S \| Nov 28, 2022 While USAA was at one point a great option for all your banking needs, the service has deteriorated so much that I'm currently in the process of changing banks after more than 2 decades. The final straw w... Read More Reviews (2)
Hingham Institution for Savings	1.75%	$1,000	-	Learn More Add Review
First Independent Bank	1.51%	$2,500	-	Learn More Add Review
Center National Bank	1.50%	$500	-	Learn More Add Review
Rate History: 1.00% → 2.51% → 1.50%
Mid-Central Federal Savings Bank	1.26%	$10,000	-	Learn More Add Review
Concorde Bank	1.16%	$500	-	Learn More Add Review
Hometown Community Bank	1.10%	$10,000	-	Learn More Add Review
Grand Timber Bank	1.05%	$100,000	-	Learn More Add Review
Security Bank USA	1.05%	$100,000	-	Learn More Add Review
Red Rock Bank	1.05%	$10,000	-	Learn More Add Review
North American Banking Company	1.05%	$100,000	-	Learn More Add Review
VIKING BANK, NATIONAL ASSOCIATION	1.05%	$10,000	-	Learn More Add Review
PrinsBank	1.05%	$10,000	-	Learn More
lloyde mille3r \| Mar 29, 2017 my ira Read More Reviews (1)
Riverland Bank	1.05%	$10,000	-	Learn More Add Review
TD Bank, National Association	1.00%	$10,000	-	Learn More
Rate History: 4.50% → 1.00% → 4.00% → 1.00%
Turonemckinney17@gmail.com \| May 19, 2018 Experience Read More Reviews (1)
Northview Bank	1.00%	$100,000	-	Learn More Add Review
The First National Bank of Bemidji	1.00%	$100,000	-	Learn More Add Review
Glenwood State Bank (Incorporated)	1.00%	$100,000	-	Learn More Add Review
The Wanda State Bank	1.00%	$10,000	-	Learn More Add Review
First National Bank North	0.95%	$500	-	Learn More Add Review
First Community Bank	0.95%	$25,000	-	Learn More Add Review
Northview Bank	0.95%	$10,000	-	Learn More Add Review
First State Bank of Swanville	0.95%	$10,000	-	Learn More Add Review
Farmers & Merchants State Bank of New York Mills, Incorporated	0.95%	$1,000	-	Learn More Add Review
First State Bank of Kiester	0.90%	$2,500	-	Learn More Add Review
First Bank Elk River	0.90%	$10,000	-	Learn More Add Review
The First National Bank of Bemidji	0.90%	$10,000	-	Learn More Add Review
Security Bank USA	0.90%	$10,000	-	Learn More Add Review
The Citizens National Bank of Park Rapids	0.90%	$10,000	-	Learn More Add Review
Alliance Bank	0.90%	$10,000	-	Learn More Add Review
First Financial Bank in Winnebago	0.90%	$10,000	-	Learn More Add Review
Bonanza Valley State Bank	0.90%	$500	-	Learn More Add Review
Granite Community Bank	0.90%	$10,000	-	Learn More Add Review
Unity Bank	0.89%	$100,000	-	Learn More Add Review
State Bank of Easton	0.85%	$1,000	-	Learn More Add Review
The First National Bank of Bagley	0.85%	$25,000	-	Learn More Add Review
Grand Timber Bank	0.85%	$10,000	-	Learn More Add Review
North American Banking Company	0.85%	$10,000	-	Learn More Add Review
Adrian State Bank	0.80%	$500	-	Learn More Add Review
Farmers and Merchants State Bank of Pierz	0.80%	$2,500	-	Learn More Add Review
Neighborhood National Bank	0.80%	$1,000	-	Learn More Add Review
First Citizens Bank	0.80%	$100,000	-	Learn More Add Review
Cornerstone State Bank	0.80%	$75,000	-	Learn More Add Review
The First National Bank of Milaca	0.80%	$10,000	-	Learn More Add Review
Randall State Bank	0.80%	$1	-	Learn More Add Review
Pine Country Bank	0.80%	$10,000	-	Learn More Add Review
Glenwood State Bank (Incorporated)	0.80%	$10,000	-	Learn More Add Review
Eagle Bank	0.77%	$25,000	-	Learn More Add Review
Tradition Capital Bank	0.75%	$100	-	Learn More Add Review
Pine River State Bank	0.75%	$10,000	-	Learn More Add Review
Farmers & Merchants Savings Bank	0.75%	$100,000	-	Learn More
Steve \| Feb 4, 2021 Yes Read More Reviews (1)
Gateway Bank	0.75%	$10,000	-	Learn More Add Review
Bridgewater Bank	0.75%	$10,000	-	Learn More Add Review
Drake Bank	0.75%	$10,000	-	Learn More Add Review
American Heritage National Bank	0.75%	$10,000	-	Learn More Add Review
Star Bank	0.75%	$10,000	-	Learn More Add Review
Unity Bank	0.74%	$500	-	Learn More Add Review
First Community Bank	0.70%	$5,000	-	Learn More Add Review
The First National Bank of Le Center	0.70%	$2,500	-	Learn More Add Review
Northwoods Bank of Minnesota	0.70%	$10,000	-	Learn More Add Review
United Community Bank	0.70%	$10,000	-	Learn More Add Review
Community Development Bank, FSB	0.70%	$10,000	-	Learn More Add Review
The First National Bank of Bagley	0.70%	$10,000	-	Learn More Add Review
Ultima Bank Minnesota	0.70%	$10,000	-	Learn More Add Review
Citizens Alliance Bank	0.70%	$10,000	-	Learn More
Worst banking experience ever \| Jan 28, 2024 This is by far the worst banking experience I have ever had. They fail to understand the simple concept that you are the customer and that they are providing a service for you. They consistently slapped qu... Read More Reviews (1)
Think Mutual Bank	0.70%	$100,000	-	Learn More Add Review
Produce State Bank	0.70%	$10,000	-	Learn More Add Review
Farmers State Bank of Hamel	0.70%	$100,000	-	Learn More Add Review
First State Bank of Le Center	0.70%	$10,000	-	Learn More Add Review
First National Bank	0.70%	$10,000	-	Learn More Add Review
State Bank of Cold Spring	0.70%	$10,000	-	Learn More Add Review
Eagle Bank	0.67%	$10,000	-	Learn More Add Review
First Security Bank	0.65%	$500	-	Learn More Add Review
American State Bank of Grygla	0.65%	$500	-	Learn More Add Review
Currie State Bank	0.65%	$500	-	Learn More Add Review
Farmers State Bank of Hoffman	0.65%	$1,000	-	Learn More Add Review
First Citizens Bank	0.65%	$10,000	-	Learn More Add Review
Falcon National Bank	0.65%	$100,000	-	Learn More Add Review
American Equity Bank	0.65%	$10,000	-	Learn More Add Review
Root River State Bank	0.65%	$10,000	-	Learn More Add Review
First State Bank of Fountain	0.65%	$10,000	-	Learn More Add Review
First Western Bank & Trust	0.65%	$10,000	-	Learn More Add Review
Platinum Bank	0.65%	$100,000	-	Learn More Add Review
United Minnesota Bank	0.65%	$10,000	-	Learn More Add Review
Dakota Heritage Bank	0.65%	$500	-	Learn More Add Review
Odin State Bank	0.65%	$10,000	-	Learn More Add Review
The Bank of Elk River	0.60%	$2,500	-	Learn More Add Review
Security State Bank of Aitkin	0.60%	$10,000	-	Learn More Add Review
CorTrust Bank National Association	0.60%	$10,000	-	Learn More Add Review
Valley Premier Bank	0.60%	$500	-	Learn More Add Review
HomeTown Bank	0.60%	$10,000	-	Learn More Add Review
Think Mutual Bank	0.60%	$10,000	-	Learn More Add Review
Manufacturers Bank & Trust Company	0.60%	$100,000	-	Learn More Add Review
Farmers State Bank of Hamel	0.60%	$10,000	-	Learn More Add Review
Vergas State Bank	0.60%	$10,000	-	Learn More Add Review
The First National Bank at St. James	0.60%	$10,000	-	Learn More Add Review
State Bank of New Richland	0.55%	$50,000	-	Learn More Add Review
Farmers & Merchants Savings Bank	0.55%	$10,000	-	Learn More
Steve \| Feb 4, 2021 Yes Read More Reviews (1)
ONB Bank	0.55%	$2,500	-	Learn More Add Review
Security Bank Minnesota	0.55%	$100,000	-	Learn More Add Review
Security State Bank of Wanamingo	0.55%	$10,000	-	Learn More Add Review
Community Resource Bank	0.55%	$100,000	-	Learn More Add Review
First State Bank Southwest	0.55%	$100,000	-	Learn More Add Review
Reliance Bank	0.55%	$10,000	-	Learn More Add Review
Northern State Bank	0.55%	$10,000	-	Learn More Add Review
Minnesota National Bank	0.52%	$100,000	-	Learn More Add Review
Woodland Bank	0.50%	$500	-	Learn More Add Review
Cornerstone State Bank	0.50%	$500	-	Learn More Add Review
Falcon National Bank	0.50%	$10,000	-	Learn More Add Review
St. Clair State Bank (Incorporated)	0.50%	$10,000	-	Learn More Add Review
MidCountry Bank	0.50%	$100,000	-	Learn More Add Review
West Bank	0.50%	$100,000	-	Learn More Add Review
Security Bank Minnesota	0.50%	$10,000	-	Learn More Add Review
Community Resource Bank	0.50%	$10,000	-	Learn More Add Review
Farmers State Bank of Trimont	0.50%	$10,000	-	Learn More Add Review
Welcome State Bank	0.50%	$10,000	-	Learn More Add Review
Northern State Bank of Virginia	0.50%	$100,000	-	Learn More Add Review
WNB FINANCIAL, N.A.	0.50%	$10,000	-	Learn More Add Review
Kensington Bank	0.48%	$1,000	-	Learn More Add Review
Minnesota National Bank	0.46%	$10,000	-	Learn More Add Review
First Minnetonka City Bank	0.45%	$1,000	-	Learn More Add Review
First Farmers & Merchants National Bank	0.45%	$1,000	-	Learn More Add Review
American Federal Bank	0.45%	$100,000	-	Learn More Add Review
First International Bank & Trust	0.45%	$10,000	-	Learn More Add Review
Citizens Community Federal National Association	0.45%	$10,000	-	Learn More Add Review
MidCountry Bank	0.45%	$10,000	-	Learn More Add Review
Castle Rock Bank	0.45%	$10,000	-	Learn More Add Review
Coulee Bank	0.45%	$10,000	-	Learn More Add Review
Platinum Bank	0.45%	$10,000	-	Learn More Add Review
State Bank of Taunton	0.45%	$10,000	-	Learn More Add Review
Northern State Bank of Virginia	0.45%	$10,000	-	Learn More Add Review
ProGrowth Bank	0.43%	$100,000	-	Learn More Add Review
Arlington State Bank	0.40%	$500	-	Learn More Add Review
Frandsen Bank & Trust	0.40%	$100,000	-	Learn More Add Review
Farmers and Merchants State Bank of Alpha	0.40%	$10,000	-	Learn More Add Review
Security State Bank of Kenyon	0.40%	$10,000	-	Learn More Add Review
Union Bank and Trust Company	0.40%	$10,000	-	Learn More Add Review
State Bank of Chandler	0.40%	$100	-	Learn More Add Review
North Star Bank	0.40%	$10,000	-	Learn More Add Review
Great Southern Bank	0.35%	$250	-	Learn More Add Review
The First National Bank of Fairfax	0.35%	$1,000	-	Learn More Add Review
State Bank of New Richland	0.35%	$10,000	-	Learn More Add Review
Frandsen Bank & Trust	0.35%	$10,000	-	Learn More Add Review
Bank Forward	0.35%	$10,000	-	Learn More Add Review
Citizens State Bank Norwood Young America	0.35%	$10,000	-	Learn More Add Review
First National Bank	0.35%	$10,000	-	Learn More Add Review
Home Federal Savings Bank	0.35%	$100,000	-	Learn More Add Review
Heritage Bank Minnesota	0.35%	$10,000	-	Learn More Add Review
Manufacturers Bank & Trust Company	0.35%	$10,000	-	Learn More Add Review
Highland Bank	0.35%	$10,000	-	Learn More Add Review
Merchants Bank, National Association	0.35%	$10,000	-	Learn More Add Review
First State Bank Southwest	0.35%	$10,000	-	Learn More Add Review
Lake Elmo Bank	0.35%	$25,000	-	Learn More Add Review
ProGrowth Bank	0.33%	$10,000	-	Learn More Add Review
Merchants Bank, National Association	0.32%	$10,000	-	Learn More Add Review
National Bank of Commerce	0.30%	$100,000	-	Learn More Add Review
Frandsen Bank & Trust	0.30%	$100,000	-	Learn More Add Review
MidWestOne Bank	0.30%	$10,000	-	Learn More Add Review
American Federal Bank	0.30%	$10,000	-	Learn More Add Review
First National Bank Minnesota	0.30%	$10,000	-	Learn More Add Review
Bank Midwest	0.30%	$10,000	-	Learn More Add Review
Security State Bank of Marine	0.30%	$10,000	-	Learn More Add Review
Merchants Bank, National Association	0.30%	$10,000	-	Learn More Add Review
First National Bank	0.30%	$10,000	-	Learn More Add Review
First State Bank and Trust	0.30%	$10,000	-	Learn More Add Review
West Bank	0.30%	$10,000	-	Learn More Add Review
Farmers State Bank of Hartland	0.30%	$10,000	-	Learn More Add Review
ESB Bank	0.30%	$10,000	-	Learn More Add Review
United Prairie Bank	0.30%	$10,000	-	Learn More Add Review
First Farmers & Merchants State Bank of Grand Meadow	0.30%	$10,000	-	Learn More Add Review
National Bank of Commerce	0.25%	$10,000	-	Learn More Add Review
Frandsen Bank & Trust	0.25%	$10,000	-	Learn More Add Review
First Security Bank - Sleepy Eye	0.25%	$10,000	-	Learn More Add Review
United Prairie Bank	0.25%	$10,000	-	Learn More Add Review
BNC National Bank	0.25%	$10,000	-	Learn More Add Review
The First National Bank of Coleraine	0.25%	$10,000	-	Learn More Add Review
Grand Rapids State Bank	0.25%	$10,000	-	Learn More Add Review
First Security Bank - Canby	0.25%	$10,000	-	Learn More Add Review
Lake Elmo Bank	0.25%	$1,000	-	Learn More Add Review
New Market Bank	0.23%	$1,000	-	Learn More Add Review
Frandsen Bank & Trust	0.20%	$10,000	-	Learn More Add Review
Security State Bank of Hibbing	0.20%	$75,000	-	Learn More Add Review
Frandsen Bank & Trust	0.18%	$10,000	-	Learn More Add Review
Frandsen Bank & Trust	0.17%	$10,000	-	Learn More Add Review
Security State Bank of Hibbing	0.15%	$1,000	-	Learn More Add Review
Old National Bank	0.15%	$10,000	-	Learn More
jefflockwoodlaw2288@gmail.com \| Jul 18, 2021 I have a neighbor whose mortgage is with ONB. I am licensed to practice law but I am not writing this review as a lawyer, but rather as a heads up if your spouse should happen to die while you owe any mone... Read More Reviews (2)
Frandsen Bank & Trust	0.15%	$10,000	-	Learn More Add Review
Home Federal Savings Bank	0.15%	$10,000	-	Learn More Add Review
Merchants Bank, National Association	0.15%	$10,000	-	Learn More Add Review
Frandsen Bank & Trust	0.13%	$100,000	-	Learn More Add Review
First Farmers & Merchants National Bank	0.10%	$10,000	-	Learn More Add Review
Frandsen Bank & Trust	0.10%	$10,000	-	Learn More Add Review
Frandsen Bank & Trust	0.09%	$10,000	-	Learn More Add Review
KeyBank National Association	0.05%	$10,000	-	Learn More
Rate History: 4.75% → 0.01% → 0.05%
Seeko \| Mar 28, 2023 On line banking gives a confirmation number when paying bills. But it doesn’t confirm that the bill will be paid only that they have the information. Ridiculous. Read More Reviews (2)
Sterling State Bank	0.05%	$10,000	-	Learn More Add Review
MINNESOTA LAKES BANK	0.05%	$10,000	-	Learn More Add Review
U.S. Bank National Association	0.05%	$500	-	Learn More
Ugg \| Jun 12, 2023 US Bank reported me to dult Protective Services because my husband is 85 and I am63. He got sick and went into a nursing hime for 3 months. My husband always handled the financial affairs. I had to take ov... Read More Reviews (2)
PNC Bank, National Association	0.03%	$25,000	-	Learn More
GAM \| May 18, 2019 Had checking and savings for years when living in Philly. Went into PNC 2.35 APY high yield savings. They have thus far maintained rate. Easy web site and great customer phone service. Still maintain check... Read More Reviews (1)
Bank of America, National Association	0.03%	$100,000	-	Learn More
Treasure \| Jul 24, 2023 BOFA is a den of people thieves camouflaged as bank operatives. There’s a soon to be uncovered carrel of money laundry there. They took all my money and don’t want to release it to me for no particular... Read More Reviews (7)
Associated Bank, National Association	0.01%	$10,000	-	Learn More Add Review

All rates listed are Annual Percentage Yield (APY). The Min listed is the minimum deposit account balance required to obtain the rate listed.

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PRODUCT INFORMATION

18 Month CDs - Branch Banks 2024

Banks offer a range of Certificates of Deposit (CD) with 18 month CDs being a popular term. An eighteen month CD obligates the holder to keep their money in the bank for eighteen months in return for a fixed rate of interest during that time period. All eighteen month bank CDs shown on BestCashCow are FDIC insured.

Eighteen month CDs can be opened in almost any bank branch as the are a mainstay of bank deposit products.

The advantages of an eighteen month CD are:

A slightly higher rate than 12 month CDs in return for leaving the money in the bank longer.
A fixed rate during the 18 month period.
FDIC insurance.
Convenience of opening and managing the CD at a local branch.

The disadvantages of an eighteen month branch CDs are:

Rates are generally lower than on the top online savings and CD accounts.
Money is tied up for 18 months. Removing it early results in significant penalties.
Opening in a branch requires a personal visit.

All banks listed on BestCashCow are FDIC insured; BestCashCow.com strongly recommends that you stay within FDIC insurance limits and that if you are unsure of how the limits affect you, please visit the FDIC website.

To understand all of the income generating options available to a saver, please view the Income Generating Investments Comparison Chart.

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Minnesota CD Rates – 18-Month

PRODUCT INFORMATION

18 Month CDs - Branch Banks 2024

The advantages of an eighteen month CD are:

The disadvantages of an eighteen month branch CDs are:

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