Bank · FDIC insured
Lake Central Bank CD Rates
Lake Central Bank’s best CD rate is 4.06% APY on a 5-year CD. Terms run from 3 months to 5 years. Rates checked October 16, 2026.
How Lake Central Bank’s CD rates compare
Compared with banks and credit unions near Minneapolis, MN-WI, where Lake Central Bank has the most branches. $10,000, best rate first.
This bank’s best
Lake Central Bank
4.06%APY
- Term
- 60 months
- Minimum
- —
- Earns on $10,000
- $2,202
Step Up CD
Top rate
SouthPoint Financial Credit Union
9.00%APY
- Term
- 9 months
- Minimum
- —
- Earns on $10,000
- $668
2nd-highest rate
Woodlands National Bank
4.87%APY
- Term
- 60 months
- Minimum
- $1,000
- Earns on $10,000
- $2,684
Lake Central Bank CD score
87
CD score
Higher than 75% of U.S. banks and credit unions
- 3–8 months3–8 mo3.53%
- 9–15 months9–15 mo3.65%
- 16–30 months16–30 mo3.85%
- 31–60 months31–60 mo4.06%
- QualifiedQualified4.06%
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 Lake Central 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.
Step Up CD
4.06%APY · 1 term
Can be stepped up to the then-current 5 Year rate CD one time during the 5 year term without extending original maturity date; considered a variable rate product until after the step-up feature is elected.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 60 months5 Year term. Early withdrawal penalty: 6 Month's Interest. Rate can be stepped up one time during the 5-year term to the then-current 5 Year rate CD | 4.06% | $2,202 |
Sources (1)
- lakecentral.bank/personal/certificate-of-deposit · captured Oct 5, 2026
Certificate of Deposit
Up to 3.96%APY · 7 terms
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3 months91 Day term. Early withdrawal penalty: 1 Month's Interest | 3.39% | $84 |
| 6 months182 Day term. Early withdrawal penalty: 1 Month's Interest | 3.53% | $175 |
| 12 months1 Year term. Early withdrawal penalty: 2 Month's Interest | 3.65% | $365 |
| 24 months2 Year term. Early withdrawal penalty: 3 Month's Interest | 3.85% | $785 |
| 36 months3 Year term. Early withdrawal penalty: 4 Month's Interest | 3.91% | $1,219 |
| 48 months4 Year term. Early withdrawal penalty: 5 Month's Interest | 3.96% | $1,681 |
| 60 months5 Year term. Early withdrawal penalty: 6 Month's Interest | 3.91% | $2,114 |
Sources (1)
- lakecentral.bank/personal/certificate-of-deposit · 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.