Bank · FDIC insured
Bank Midwest CD Rates
Bank Midwest’s best CD rate is 3.75% APY on a 5-year CD. Terms run from 6 months to 5 years. Rates checked October 16, 2026.
How Bank Midwest’s CD rates compare
Compared with banks and credit unions near Fairmont, MN, where Bank Midwest has the most branches. $10,000, best rate first.
This bank’s best
Bank Midwest
3.65%APY
- Term
- 60 months
- Minimum
- $500
- Earns on $10,000
- $1,963
Certificates of Deposit
Top rate
Profinium Bank Inc
3.95%APY
- Term
- 17 months
- Minimum
- $500
- Earns on $10,000
- $564
2nd-highest rate
Citizens Bank Minnesota
3.75%APY
- Term
- 21 months
- Minimum
- $2,500
- Earns on $10,000
- $665
Bank Midwest CD score
78
CD score
Higher than 47% of U.S. banks and credit unions
- 3–8 months3–8 mo3.33%
- 9–15 months9–15 mo3.35%
- 16–30 months16–30 mo3.45%
- 31–60 months31–60 mo3.65%
- QualifiedQualified3.65%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Bank Midwest ranks
By CD score, in each area where it has branches
Every rate
Current CD rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Certificates of Deposit
Up to 3.65%APY · 8 terms
Penalty will be imposed for early withdrawal: maturity 182 days or less is equal to 90 days of simple interest; 12 to 24 months is equivalent to 180 days of simple interest; 30 to 60 months is equivalent to 360 days of simple interest. Penalty does not apply upon death or judicially declared incompetence of the owner.
| Term | APY · Up to $250,000 | APY · $250,000 and up | APY | Earns on $10,000Earns |
|---|---|---|---|---|
| 6 months182-day Certificate of Deposit | 3.33% | 3.43% | 3.33%3.43% from $250k | $167 |
| 12 months12-month Certificate of Deposit | 3.35% | 3.45% | 3.35%3.45% from $250k | $335 |
| 18 months18-month Certificate of Deposit | 3.35% | 3.45% | 3.35%3.45% from $250k | $507 |
| 24 months24-month Certificate of Deposit | 3.45% | 3.55% | 3.45%3.55% from $250k | $702 |
| 30 months30-month Certificate of Deposit | 3.45% | 3.55% | 3.45%3.55% from $250k | $885 |
| 36 months36-month Certificate of Deposit | 3.45% | 3.55% | 3.45%3.55% from $250k | $1,071 |
| 48 months48-month Certificate of Deposit | 3.55% | 3.65% | 3.55%3.65% from $250k | $1,497 |
| 60 months60-month Certificate of Deposit | 3.65% | 3.75% | 3.65%3.75% from $250k | $1,963 |
Sources (3)
- bankmidwest.com/wp-content/upl…onBus_Rates_06.16.26.pdf
- bankmidwest.com/help-center/rates
- bankmidwest.com/personal/banking
All captured Oct 5, 2026
Special-purpose accounts
IRA Certificate of Deposit
Up to 3.65%APY · 8 terms
Certificates of Deposit in each of our term lengths are also available as IRA investments. Rate and APY applied will match CD balance tier $0.00 - $249,999.99, regardless of IRA deposit balance. IRS penalties may apply to withdrawals made prior to age 59-1/2. Early withdrawal penalty applies.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 6 months182-day IRA CD. Rate matches the $0.00 - $249,999.99 CD balance tier regardless of IRA deposit balance | 3.33% | $167 |
| 12 months12-month IRA CD. Rate matches the $0.00 - $249,999.99 CD balance tier regardless of IRA deposit balance | 3.35% | $335 |
| 18 months18-month IRA CD. Rate matches the $0.00 - $249,999.99 CD balance tier regardless of IRA deposit balance | 3.35% | $507 |
| 24 months24-month IRA CD. Rate matches the $0.00 - $249,999.99 CD balance tier regardless of IRA deposit balance | 3.45% | $702 |
| 30 months30-month IRA CD. Rate matches the $0.00 - $249,999.99 CD balance tier regardless of IRA deposit balance | 3.45% | $885 |
| 36 months36-month IRA CD. Rate matches the $0.00 - $249,999.99 CD balance tier regardless of IRA deposit balance | 3.45% | $1,071 |
| 48 months48-month IRA CD. Rate matches the $0.00 - $249,999.99 CD balance tier regardless of IRA deposit balance | 3.55% | $1,497 |
| 60 months60-month IRA CD. Rate matches the $0.00 - $249,999.99 CD balance tier regardless of IRA deposit balance | 3.65% | $1,963 |
Sources (2)
All captured Oct 5, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.