Bank · FDIC insured
Grove Bank CD Rates
Grove Bank’s best CD rate is 2.52% APY on a 1-year CD. Terms run from 1 year to 6 years. Rates checked October 16, 2026.
How Grove Bank’s CD rates compare
Compared with banks and credit unions in Minnesota, where Grove Bank has the most branches. $10,000, best rate first.
This bank’s best
Grove Bank
2.52%APY
- Term
- 12 months
- Minimum
- $1,000
- Earns on $10,000
- $252
Certificates 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
Grove Bank CD score
63
CD score
Higher than 9% of U.S. banks and credit unions
- 9–15 months9–15 mo2.52%
- 16–30 months16–30 mo2.26%
- 31–60 months31–60 mo2.06%
- QualifiedQualified2.52%
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 Grove 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.
Certificates of Deposit
Up to 2.87%APY · 7 terms
The minimum balance to open this account is $1,000.00. Early withdrawal penalty may apply. Fees may reduce earnings.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| Unknown182 Day term. Early withdrawal penalty may apply. Fees may reduce earnings | 2.87% | $0 |
| 12 monthsEarly withdrawal penalty may apply. Fees may reduce earnings | 2.52% | $252 |
| 24 monthsEarly withdrawal penalty may apply. Fees may reduce earnings | 2.26% | $457 |
| 36 monthsEarly withdrawal penalty may apply. Fees may reduce earnings | 2.06% | $631 |
| 48 monthsEarly withdrawal penalty may apply. Fees may reduce earnings | 2.06% | $850 |
| 60 monthsEarly withdrawal penalty may apply. Fees may reduce earnings | 2.06% | $1,073 |
| 72 monthsEarly withdrawal penalty may apply. Fees may reduce earnings | 1.76% | $1,104 |
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.