Bank · FDIC insured
First Western Bank CD Rates
First Western Bank’s best CD rate is 4.20% APY on a 2-year CD. Terms run from 6 months to 2 years. Rates checked October 22, 2026.
How First Western Bank’s CD rates compare
Compared with banks and credit unions near Brainerd, MN, where First Western Bank has the most branches. $10,000, best rate first.
This bank’s best
First Western Bank
4.20%APY
- Term
- 24 months
- Minimum
- $2,500
- Earns on $10,000
- $858
Special Rate CDs
Top rate
Mid Minnesota Federal Credit Union
5.09%APY
- Term
- 36 months
- Minimum
- $10
- Earns on $10,000
- $1,606
2nd-highest rate
Affinity Plus
4.50%APY
- Term
- 60 months
- Minimum
- $500
- Earns on $10,000
- $2,462
First Western Bank CD score
88
CD score
Higher than 80% of U.S. banks and credit unions
- 3–8 months3–8 mo3.79%
- 9–15 months9–15 mo4.11%
- 16–30 months16–30 mo4.20%
- QualifiedQualified4.20%
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 First Western Bank 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.
Special Rate CDs
Up to 4.20%APY · 3 terms
$2,500.00 minimum balance required to open an account and obtain APY. APY assumes interest remains on deposit until maturity. Early withdrawal may reduce earnings and may be subject to penalty. Rates and terms are subject to change without notice prior to account opening. Offer may be withdrawn at any time.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 6 months | 3.79% | $188 |
| 13 months | 4.11% | $446 |
| 24 months | 4.20% | $858 |
Sources (1)
- firstwestern.bank/personal-banking/cds-iras · captured Oct 22, 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.