Bank · FDIC insured
State Bank of Faribault Savings Rates
State Bank of Faribault’s best savings rate is 0.08% APY on $10,000, with its Select Savings. Rates checked October 16, 2026.
How State Bank of Faribault’s savings rates compare
Compared with banks and credit unions near Faribault, MN, where State Bank of Faribault has the most branches. $10,000, best rate first.
This bank’s best
State Bank of Faribault
0.20%APY
- Requires
- Monthly account activity
- Minimum
- $1,000
- Earns on $10,000 a year
- $20
E-Savings
Top rate
Affinity Plus
3.50%APY
- Requires
- Monthly account activity
- Minimum
- —
- Earns on $10,000 a year
- $350
2nd-highest rate
HomeTown Credit Union
0.90%APY
- Requires
- None
- Minimum
- —
- Earns on $10,000 a year
- $90
State Bank of Faribault savings score
63
Savings score
Higher than 9% of U.S. banks and credit unions
- $10,000 balance$10,0000.08%
- $100,000 balance$100,0000.50%
- QualifiedQualified0.20%
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 State Bank of Faribault ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Select Savings
0.08%APY
Free e-statements available. Free Internet Banking transfers. Unlimited withdrawals in person. Accrue daily, credited monthly. Minimum balance to avoid charge is $2,500.00.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $2,500 | 0.05% | — |
| $2,500 – $25,000 | 0.08% | $8 |
| $25,000 – $50,000 | 0.10% | — |
| $50,000 – $100,000 | 0.20% | — |
| $100,000 and up | 0.50% | — |
E-Savings
Up to 0.20%APY
E-statements are required. Free Internet Banking transfers. Unlimited withdrawals in person. Accrue daily, credited monthly. Minimum balance to avoid charge is $1,000.00.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceIf no e-statement | 0.01% | $1 | If no e-statement |
| $1,000 and up | 0.20% | $20 |
Special-purpose accounts
Health Savings Account
0.05%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $100 and up | 0.05% | $5 |
Sources (1)
- tsbf.com/rates · 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.