Bank · FDIC insured
Frandsen Bank & Trust CD Rates
A $3.7B bank, the 354th largest of 4,207, headquartered in Lonsdale, MN, with 40 branches in 4 states.
How Frandsen Bank & Trust’s CD rates compare
Compared with banks and credit unions in Minnesota, where Frandsen Bank & Trust has the most branches. $10,000, best rate first.
This bank’s best
Frandsen Bank & Trust
4.00%APY
- Term
- 10 months
- Minimum
- $25,000
- Earns on $10,000
- —
Certificate of Deposit
Top rate
SouthPoint Financial Credit Union
9.00%APY
- Term
- 9 months
- Minimum
- —
- Earns on $10,000
- $668
2nd-highest rate
Mid Minnesota Federal Credit Union
5.09%APY
- Term
- 36 months
- Minimum
- $10
- Earns on $10,000
- $1,606
Every rate
Current CD rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Special-purpose accounts
Certificate of Deposit
Up to 4.00%APY · 2 terms
Open a 5-month or 10-month CD online, or talk to your local banker for additional term lengths. Earns a fixed interest rate. Early withdrawal penalties apply. Municipalities do not qualify.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 5 monthsInterest on the 5-month certificate of deposit (CD) will be credited at maturity. IRA funds are eligible. Municipalities do not qualify | 3.75% | — |
| 10 monthsInterest on the 10-month certificate of deposit (CD) will be credited at maturity. IRA funds are eligible. Municipalities do not qualify | 4.00% | — |
Sources (1)
- frandsenbank.com/personal-banking/cds-iras · captured Sep 24, 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.