Community Bank Mankato savings, CD and money market rates
Community Bank Mankato advertises up to 0.25% APY on its Prestige Savings account. The 0.25% needs a balance of at least $100,000. Below that, the account advertises 0.05%.
On a $10,000 balance the account earns 0.05% overall, about $5 in a year, which is 0.32 percentage points below the national savings average of 0.37% (FDIC, Sep 2026).
Ranked #1154 of 2284 tracked savings rates by advertised APY. For a $10,000 balance it would rank #1803.
Estimate your earnings·What Community Bank Mankato actually pays
Community Bank Mankato at a glance
| Savings | |
|---|---|
| Top savings APY | Up to 0.25% · Prestige Savings · needs at least $100,000 |
| Minimum to open | $50 · Prestige Savings |
| Against the national average | 0.12 percentage points below the 0.37% FDIC savings average (Sep 2026) |
| CDs | |
| Top CD APY | 4.15% · 22 months · 22 Month Special Certificate of Deposit |
| Minimum to open | $5,000 · 22 months CD |
| Money market | |
| Top money market APY | 1.51% · Blue Chip MMDA · needs at least $250,000 |
| Minimum to open | $25,000 · Blue Chip MMDA |
| Against the national average | 0.88 percentage points above the 0.63% FDIC money market average (Sep 2026) |
| FDIC certificate | 9760 · Vernon Center, MN |
|---|---|
| Website | www.cbfg.net |
| Branches | 5 branches in MN |
| Availability | Available in MN |
Community Bank Mankato savings, CD and money market rates
Personal
How the rate applies
How the rate applies
How the rate applies
IRA
Rates are APY. The national savings average is 0.37% (FDIC, Sep 2026). The top tracked savings rate on Banksparency is 5.50%. Across 59 savings accounts from 58 banks in the Banksparency core savings index, the median advertised rate is 3.65%, and one account in ten advertises 4.03% or more. See the highest savings rates.
Community Bank Mankato CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| Personal CDs | |||
| 3 months | 0.50% | $1,000 | 3 Month Certificate of Deposit |
| 6 months | 0.60% | $1,000 | 6 Month Certificate of Deposit |
| 10 months | 3.85% | $5,000 | 10 Month Special Certificate of Deposit |
| 12 months | 0.70% | $1,000 | 12 Month Certificate of Deposit |
| 16 months | 4.05% | $5,000 | 16 Month Special Certificate of Deposit |
| 22 months | 4.15% | $5,000 | 22 Month Special Certificate of Deposit |
| 24 months | 0.80% | $1,000 | 24 Month Certificate of Deposit |
| 36 months | 0.90% | $1,000 | 36 Month Certificate of Deposit |
| 48 months | 1.00% | $1,000 | 48 Month Certificate of Deposit |
| IRA CDs | |||
| 3 months | 0.50% | $1,000 | 3 Month IRA Certificate |
| 6 months | 0.60% | $1,000 | 6 Month IRA Certificate |
| 10 months | 3.85% | $5,000 | 10 Month Special IRA Certificate |
| 12 months | 0.70% | $1,000 | 12 Month IRA Certificate |
| 16 months | 4.05% | $5,000 | 16 Month Special IRA Certificate |
| 18 months | 0.75% | $100 | 18 Month Add-on IRA |
| 22 months | 4.15% | $5,000 | 22 Month Special IRA Certificate |
| 24 months | 0.80% | $1,000 | 24 Month IRA Certificate |
| 36 months | 0.90% | $1,000 | 36 Month IRA Certificate |
| 48 months | 1.00% | $1,000 | 48 Month IRA Certificate |
Interactive Tool
Calculate Savings for Community Bank Mankato
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$377.30(2.6%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$14,377.30
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What Community Bank Mankato pays on deposits
FDIC call report data
An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced the savings and money market deposits it already holds, over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.
The two figures answer different questions, so they sit side by side and are not combined. The 0.25% needs a balance of at least $100,000. Below that, the account advertises 0.05%.
In Q2 2026, Community Bank Mankato paid a higher average rate on savings and money market deposits than 50% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- Community Bank Mankato, savings and money market
- All-bank median
How to read these figures
What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers savings accounts and money market deposit accounts, personal and business, at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years. The FDIC line does not separate consumer accounts.
The second figure. The scale row also shows the average across all interest-bearing deposits: savings, interest checking, money market accounts, CDs, personal and business. That figure covers the whole deposit book. The two are shown separately and are not combined.
What the advertised rate covers. It is the rate that this bank advertises now for a new savings account. Banksparency records it from the bank's website on the date shown beside it.
Why the two differ. They measure different things, so this page shows them side by side and keeps them apart. An advertised rate applies to one account, opened now, at today's price. The average also includes older savings balances at the rates of earlier years, money market balances that were priced in a different rate environment, and business accounts. An average below an advertised rate is the usual result of that arithmetic. On its own it is not evidence about the account that you would open.
What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.
What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.
What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.
Definitions: Call Report · Rate Paid on Deposits · Interest-Bearing Deposits · Front Book and Back Book · Deposit Rate Percentile
Average annualized rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the banks that reported a figure for the quarter.
So what is the catch?
| Product | APY | Min to open | Min to earn | Balance cap | Monthly fee | Requirements | Rate type | 12-mo trend |
|---|---|---|---|---|---|---|---|---|
| Health Savings Account | 1.00% | $0 | $0 | None | not stated | not stated | One rate | |
| Primetime Savings | 0.40% | $50 | $0 | None | $5 quarterly maintenance fee if balance drops below $50 any day during your quarterly statement cycle | not stated | Tiered | |
| Young Ones Savings | 0.30% | $10 | $0 | None | not stated | not stated | One rate | |
| Prestige Savings | 0.25% | $50 | $0 | None | $5 quarterly maintenance fee if balance drops below $50 any day during your quarterly statement cycle | not stated | Tiered | |
| Blue Chip MMDA | 1.51% | $25,000 | $0 | None | not stated | not stated | Tiered |
Rate type: one rate applies at every balance. A tiered rate changes with your balance. A promotional rate changes after the period shown. A balance cap is the largest balance the highest rate applies to.
The 12-month trend shows the highest advertised rate observed each day and includes promotional tiers where one applied.
CDs
| Product | Term | APY | Min to open | Early withdrawal fee | Compounding |
|---|---|---|---|---|---|
| Personal CDs | |||||
| 3 Month Certificate of Deposit | 3 months | 0.50% | $1,000 | not stated | not stated |
| 6 Month Certificate of Deposit | 6 months | 0.60% | $1,000 | not stated | not stated |
| 10 Month Special Certificate of Deposit | 10 months | 3.85% | $5,000 | not stated | not stated |
| 12 Month Certificate of Deposit | 12 months | 0.70% | $1,000 | not stated | not stated |
| 16 Month Special Certificate of Deposit | 16 months | 4.05% | $5,000 | not stated | not stated |
| 22 Month Special Certificate of Deposit | 22 months | 4.15% | $5,000 | not stated | not stated |
| 24 Month Certificate of Deposit | 24 months | 0.80% | $1,000 | not stated | not stated |
| 36 Month Certificate of Deposit | 36 months | 0.90% | $1,000 | not stated | not stated |
| 48 Month Certificate of Deposit | 48 months | 1.00% | $1,000 | not stated | not stated |
| IRA CDs | |||||
| 3 Month IRA Certificate | 3 months | 0.50% | $1,000 | not stated | not stated |
| 6 Month IRA Certificate | 6 months | 0.60% | $1,000 | not stated | not stated |
| 10 Month Special IRA Certificate | 10 months | 3.85% | $5,000 | not stated | not stated |
| 12 Month IRA Certificate | 12 months | 0.70% | $1,000 | not stated | not stated |
| 16 Month Special IRA Certificate | 16 months | 4.05% | $5,000 | not stated | not stated |
| 18 Month Add-on IRA | 18 months | 0.75% | $100 | not stated | not stated |
| 22 Month Special IRA Certificate | 22 months | 4.15% | $5,000 | not stated | not stated |
| 24 Month IRA Certificate | 24 months | 0.80% | $1,000 | not stated | not stated |
| 36 Month IRA Certificate | 36 months | 0.90% | $1,000 | not stated | not stated |
| 48 Month IRA Certificate | 48 months | 1.00% | $1,000 | not stated | not stated |
Opening and using the account
| Availability | Available in MN |
|---|---|
| Footprint | 5 branches in MN |
| Eligibility | not stated |
How Community Bank Mankato behaves over time
Every observation of the advertised Prestige Savings rate in the last 12 months was 0.25% (observed through Sep 26, 2026). The series includes promotional tiers where one applied.
- Prestige Savings
- The same as 7 days ago.
- 22 months CD
- The same as 7 days ago.
- Blue Chip MMDA
- The same as 7 days ago.
- Rate last changed
- Sep 18, 2026(effective date)
$10,000 at the 0.25% APY Community Bank Mankato advertises on Prestige Savings grows to $10,025 in a year. Prices rose 3.4% in the year to August 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $9,695 does today. See how the federal funds rate shapes savings rates.
Community Bank Mankato CD rates over time
Who is Community Bank Mankato?
| Headquarters | Vernon Center, MN |
|---|---|
| Founded | 1929 |
| Scale | $538M assets · $474M deposits, $393M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 9760 |
| Charter state | Minnesota · one of 223 insured banks chartered there (Q2 2026, FDIC) |
| Size | 1,638th-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 28% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What Community Bank Mankato pays on deposits above.
Common questions about Community Bank Mankato
Is Community Bank Mankato FDIC insured?
Yes. Community Bank Mankato is FDIC insured under certificate 9760, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at Community Bank Mankato?
Community Bank Mankato requires a minimum deposit of $50 to open its Prestige Savings account, as observed on Sep 26, 2026. Check the bank's current terms before you open an account.
Does the 0.25% apply to my whole balance?
The 0.25% needs a balance of at least $100,000. Below that, the account advertises 0.05%. Rates are as observed on Sep 26, 2026.
Does Community Bank Mankato have branches?
Yes. Community Bank Mankato operates 5 branches according to FDIC branch records, in addition to its website and mobile apps.
Community Bank Mankato against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| Community Bank Mankato | 0.25% | 1.45% | $50 | 5 branches in MN |
| Adrian Bank | 0.25% | 1.02% | $100 | 3 branches in MO |
| Alliance Community Bank | 0.25% | 0.56% | $100 | 6 branches in IL |
| Anderson Brothers Bank | 0.25% | 2.57% | $50 | 27 branches in SC |
Each savings APY is the top rate of the account the bank's own page leads with. Alternatives are the three tracked banks whose savings APY is closest to Community Bank Mankato's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in Minnesota, nearest to Community Bank Mankato in deposits:
Rate hubs: today's highest savings rates, CD rates by term, and money market rates.
State pages: banks in Minnesota.