Bank · FDIC insured
Think Bank CD Rates
Top CarrotThink Bank’s best CD rate is 4.10% APY on a 6-month CD. Terms run from 3 months to 5 years. Rates checked October 16, 2026.
How Think Bank’s CD rates compare
Compared with banks and credit unions near Rochester, MN, where Think Bank has the most branches. $10,000, best rate first.
This bank’s best
Think Bank
4.00%APY
- Term
- 6 months
- Minimum
- $250
- Earns on $10,000
- $198
Variable-rate CD
Top rate
Altra Federal Credit Union
4.75%APY
- Term
- 30 months
- Minimum
- $1,000
- Earns on $10,000
- $1,230
2nd-highest rate
Blaze Credit Union
4.60%APY
- Term
- 72 months
- Minimum
- $10,000
- Earns on $10,000
- $3,098
Think Bank CD score
88
CD score
Higher than 85% of U.S. banks and credit unions
- 3–8 months3–8 mo4.00%
- 9–15 months9–15 mo4.00%
- 16–30 months16–30 mo4.00%
- 31–60 months31–60 mo4.00%
- QualifiedQualified4.00%
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 Think 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.
Fixed-rate CD
Up to 4.10%APY · 9 terms
Must live or work in Minnesota, or have an open and active account with Think Bank. Early withdrawal penalties apply: 90 days interest on accounts that mature in less than 2 years; 181 days interest on accounts that mature in 2 or more years. No service fees or sales charges.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3 monthsInterest paid at maturity | 3.25% | $80 |
| 6 monthsInterest paid at maturity | 4.00% | $198 |
| 12 monthsInterest paid monthly | 4.00% | $400 |
| 12 monthsInterest paid quarterly | 4.00% | $400 |
| 18 monthsInterest paid quarterly | 4.00% | $606 |
| 24 monthsInterest paid quarterly | 4.00% | $816 |
| 30 monthsInterest paid quarterly | 4.00% | $1,030 |
| 36 monthsInterest paid quarterly | 4.00% | $1,249 |
| 48 monthsInterest paid quarterly | 4.00% | $1,699 |
| 60 monthsInterest paid quarterly | 4.00% | $2,167 |
Sources (3)
- thinkbank.com/certificate-of-deposit-and-ira-rates
- thinkbank.com/for-you/bank/cds-and-iras
- thinkbank.com/open-an-account
All captured Oct 16, 2026
Variable-rate CD
Up to 4.10%APY · 2 terms
Variable Rate Certificates of Deposit (CDs) are subject to adjustment weekly according to market conditions and management discretion. Cannot be opened online. Additional deposits can be made to existing variable rate CDs. Must live or work in Minnesota, or have an open and active account with Think Bank. Early withdrawal penalties apply: 90 days interest on accounts that mature in less than 2 years; 181 days interest on accounts that mature in 2 or more years. No service fees or sales charges.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 6 months$250 minimum opening deposit, or $10 with automatic transfer. Interest paid quarterly. Rate adjusts weekly | 4.00% | $198 |
| 6 monthsInterest paid quarterly. Rate adjusts weekly | 4.10% | $203 |
| 12 months$250 minimum opening deposit, or $10 with automatic transfer. Interest paid quarterly. Rate adjusts weekly | 3.45% | $345 |
| 12 monthsInterest paid quarterly. Rate adjusts weekly | 3.55% | $355 |
Sources (3)
- thinkbank.com/certificate-of-deposit-and-ira-rates
- thinkbank.com/for-you/bank/cds-and-iras
- thinkbank.com/open-an-account
All captured Oct 16, 2026
Special-purpose accounts
IRA Certificate of Deposit (IRA CD)
Up to 4.10%APY · 10 terms
Available as Traditional IRA or Roth IRA. Must have earned income to contribute. Cannot be opened online. Must live or work in Minnesota, or have an open and active account with Think Bank. Variable rate IRAs are subject to adjustment weekly according to market conditions and management discretion. Early withdrawal penalties apply: 90 days interest on accounts that mature in less than 2 years; 181 days interest on accounts that mature in 2 or more years; early IRS withdrawal penalties may also apply. No service fees or sales charges.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 1 monthFixed-rate 30 Day term (IRA only). Interest paid at maturity | 1.65% | $14 |
| 3 monthsFixed-rate. Interest paid at maturity | 3.25% | $80 |
| 6 monthsFixed-rate. Interest paid at maturity | 4.00% | $198 |
| 6 monthsVariable-rate. $250 minimum opening deposit, or $10 with automatic transfer. Interest paid quarterly. Rate adjusts weekly | 4.00% | $198 |
| 6 monthsVariable-rate. Interest paid quarterly. Rate adjusts weekly | 4.10% | $203 |
| 12 monthsFixed-rate. Interest paid quarterly | 4.00% | $400 |
| 12 monthsVariable-rate. $250 minimum opening deposit, or $10 with automatic transfer. Interest paid quarterly. Rate adjusts weekly | 3.45% | $345 |
| 12 monthsVariable-rate. Interest paid quarterly. Rate adjusts weekly | 3.55% | $355 |
| 18 monthsFixed-rate. Interest paid quarterly | 4.00% | $606 |
| 24 monthsFixed-rate. Interest paid quarterly | 4.00% | $816 |
| 30 monthsFixed-rate. Interest paid quarterly | 4.00% | $1,030 |
| 36 monthsFixed-rate. Interest paid quarterly | 4.00% | $1,249 |
| 48 monthsFixed-rate. Interest paid quarterly | 4.00% | $1,699 |
| 60 monthsFixed-rate. Interest paid quarterly | 4.00% | $2,167 |
Sources (3)
- thinkbank.com/certificate-of-deposit-and-ira-rates
- thinkbank.com/for-you/bank/cds-and-iras
- thinkbank.com/open-an-account
All captured Oct 16, 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.