Harvest Bank savings, CD and money market rates
Harvest Bank's Kasasa Saver lists 2.50% APY on balances of $100,000 or less, and 1.49% on larger balances. That is 2.12 percentage points above the national savings average of 0.38% (FDIC, Oct 2026).
The rate needs a linked account at the bank.
Ranked #434 of 3146 tracked savings rates by advertised APY. For a $10,000 balance it would rank #259.
Harvest Bank at a glance
| Savings | |
|---|---|
| Top savings APY | 2.50% · Kasasa Saver · $100,000 or less only · needs a linked account at the bank |
| Minimum to open | $100 · Kasasa Saver |
| Against the national average | 2.12 percentage points above the 0.38% FDIC savings average (Oct 2026) |
| CDs | |
| Top CD APY | 4.00% · 60 months · 60 Month CD ($100,000 Minimum) |
| Minimum to open | $100,000 · 60 months CD |
| Against the national average | 2.59 percentage points above the 1.41% FDIC 60-month CD average (Oct 2026) |
| Money market | |
| Top money market APY | Up to 2.60% · Prime Time Money Market · balances of $250,000 to $1,000,000 only |
| Minimum to open | $5,000 · Prime Time Money Market |
| Against the national average | 1.97 percentage points above the 0.63% FDIC money market average (Oct 2026) |
| FDIC certificate | 11415 · Kimball, MN |
|---|---|
| Website | www.harvestbank.com |
| Branches | 6 branches in MN |
| Availability | Available in MN |
Harvest Bank savings, CD and money market rates
Personal
How the rate applies
How the rate applies
How the rate applies
How the rate applies
IRA
How the rate applies
Rates are annual percentage yields (APY). A variable rate may change after the account is opened. Fees could reduce the earnings on the account. A penalty may be imposed for early withdrawal.
The national savings average is 0.38% (FDIC, Oct 2026). The top tracked savings rate on Banksparency is 12.00%. Across 59 savings accounts from 58 banks in the Banksparency core savings index, the median advertised rate is 3.66%, and one account in ten advertises 4.20% or more. See the highest savings rates.
Harvest Bank CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| Personal CDs | |||
| 6 months | 3.30% | $1,000 | 6 Month CD ($1,000 Minimum) |
| 6 months | 3.40% | $25,000 | 6 Month CD ($25,000 Minimum) |
| 6 months | 3.55% | $100,000 | 6 Month CD ($100,000 Minimum) |
| 12 months | 3.35% | $1,000 | 12 Month CD ($1,000 Minimum) |
| 12 months | 3.45% | $25,000 | 12 Month CD ($25,000 Minimum) |
| 12 months | 3.60% | $100,000 | 12 Month CD ($100,000 Minimum) |
| 24 months | 3.45% | $1,000 | 24 Month CD ($1,000 Minimum) |
| 24 months | 3.55% | $25,000 | 24 Month CD ($25,000 Minimum) |
| 24 months | 3.70% | $100,000 | 24 Month CD ($100,000 Minimum) |
| 36 months | 3.55% | $1,000 | 36 Month CD ($1,000 Minimum) |
| 36 months | 3.65% | $25,000 | 36 Month CD ($25,000 Minimum) |
| 36 months | 3.80% | $100,000 | 36 Month CD ($100,000 Minimum) |
| 48 months | 3.65% | $1,000 | 48 Month CD ($1,000 Minimum) |
| 48 months | 3.75% | $25,000 | 48 Month CD ($25,000 Minimum) |
| 48 months | 3.90% | $100,000 | 48 Month CD ($100,000 Minimum) |
| 60 months | 3.75% | $1,000 | 60 Month CD ($1,000 Minimum) |
| 60 months | 3.85% | $25,000 | 60 Month CD ($25,000 Minimum) |
| 60 months | 4.00% | $100,000 | 60 Month CD ($100,000 Minimum) |
| IRA CDs | |||
| 36 months | 3.25%Needs at least $10,000 | $250 | 36 Month Variable Rate IRA |
Interactive Tool
Calculate Savings for Harvest Bank
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$961.40(6.4%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$14,961.40
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What Harvest Bank 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 2.50% applies to balances of $100,000 or less. A larger balance earns 1.49% on the whole amount.
In Q2 2026, Harvest Bank paid a higher average rate on savings and money market deposits than 63% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- Harvest Bank, 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 |
|---|---|---|---|---|---|---|---|---|
| Kasasa Saver | 2.50% | $100 | $0 | $100,000 | not stated | Linked account at the bank | Tiered | |
| Fine print: A Kasasa Cash or Kasasa Cash Back checking account is required to open this account. The highest rate applies only to balances up to $100,000, and balances above that cap earn a lower rate. The highest rate is earned only in a monthly qualification cycle in which the linked checking account has at least 12 settled debit card purchases, is enrolled in online banking with a log-in during the cycle, and is set to receive electronic statements. In a cycle that misses those conditions the account earns the bank's base rate instead. | ||||||||
| Health Savings Account | Up to 1.80% | $100 | $0 | None | not stated | not stated | Tiered | |
| Fine print: The account carries a one-time $10 setup fee, which is waived by an opening deposit of $2,500 or more. | ||||||||
| Investors Savings Account | Up to 1.25% | $100 | $50 | None | not stated | not stated | Tiered | |
| Fine print: Three withdrawals each month are free, and each further withdrawal in the same month is charged $1. A minor's account has five free withdrawals a month and opens with $25 instead of $100. | ||||||||
| Prime Time Money Market | Up to 2.60% | $5,000 | $5,000 | $999,999.99 | not stated | not stated | Tiered | |
| Fine print: Withdrawals are unlimited, and the account allows direct check writing. | ||||||||
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 | |||||
| 6 Month CD ($1,000 Minimum) | 6 months | 3.30% | $1,000 | not stated | not stated |
| 6 Month CD ($25,000 Minimum) | 6 months | 3.40% | $25,000 | not stated | not stated |
| 6 Month CD ($100,000 Minimum) | 6 months | 3.55% | $100,000 | not stated | not stated |
| 12 Month CD ($1,000 Minimum) | 12 months | 3.35% | $1,000 | not stated | not stated |
| 12 Month CD ($25,000 Minimum) | 12 months | 3.45% | $25,000 | not stated | not stated |
| 12 Month CD ($100,000 Minimum) | 12 months | 3.60% | $100,000 | not stated | not stated |
| 24 Month CD ($1,000 Minimum) | 24 months | 3.45% | $1,000 | not stated | not stated |
| 24 Month CD ($25,000 Minimum) | 24 months | 3.55% | $25,000 | not stated | not stated |
| 24 Month CD ($100,000 Minimum) | 24 months | 3.70% | $100,000 | not stated | not stated |
| 36 Month CD ($1,000 Minimum) | 36 months | 3.55% | $1,000 | not stated | not stated |
| 36 Month CD ($25,000 Minimum) | 36 months | 3.65% | $25,000 | not stated | not stated |
| 36 Month CD ($100,000 Minimum) | 36 months | 3.80% | $100,000 | not stated | not stated |
| 48 Month CD ($1,000 Minimum) | 48 months | 3.65% | $1,000 | not stated | not stated |
| 48 Month CD ($25,000 Minimum) | 48 months | 3.75% | $25,000 | not stated | not stated |
| 48 Month CD ($100,000 Minimum) | 48 months | 3.90% | $100,000 | not stated | not stated |
| 60 Month CD ($1,000 Minimum) | 60 months | 3.75% | $1,000 | not stated | not stated |
| 60 Month CD ($25,000 Minimum) | 60 months | 3.85% | $25,000 | not stated | not stated |
| 60 Month CD ($100,000 Minimum) | 60 months | 4.00% | $100,000 | not stated | not stated |
| IRA CDs | |||||
| 36 Month Variable Rate IRA | 36 months | 3.25% | $250 | not stated | not stated |
| Fine print: The rate is variable and can change during the term. Closing the account is charged $35. | |||||
Opening and using the account
| Availability | Available in MN |
|---|---|
| Footprint | 6 branches in MN |
| Eligibility | not stated |
How Harvest Bank behaves over time
Every observation of the advertised Kasasa Saver rate in the last 12 months was 2.50% (observed through Nov 2, 2026). The series includes promotional tiers where one applied.
Recent rate changes, as observed
- Obs. Oct 2, 202636 Month CD ($1,000 Minimum)Raise:2.90%to3.55%
- Obs. Oct 2, 202648 Month CD ($1,000 Minimum)Raise:2.90%to3.65%
- Obs. Oct 2, 202660 Month CD ($1,000 Minimum)Raise:3.00%to3.75%
- Obs. Oct 2, 202648 Month CD ($25,000 Minimum)Raise:3.15%to3.75%
- Obs. Oct 2, 202660 Month CD ($25,000 Minimum)Raise:3.20%to3.85%
- Kasasa Saver
- The same as 30 days ago.
- 60 months CD
- The same as 30 days ago.
$10,000 at the 2.50% APY Harvest Bank advertises on Kasasa Saver grows to $10,250 in a year. Prices rose 3.7% in the year to September 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $9,880 does today. See how the federal funds rate shapes savings rates.
Harvest Bank CD rates over time
Who is Harvest Bank?
| Headquarters | Kimball, MN |
|---|---|
| Founded | 1901 |
| Scale | $355M assets · $323M deposits, $248M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 11415 |
| Charter state | Minnesota · one of 223 insured banks chartered there (Q2 2026, FDIC) |
| Size | 2,127th-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
Financial detail is in What Harvest Bank pays on deposits above.
Common questions about Harvest Bank
Is Harvest Bank FDIC insured?
Yes. Harvest Bank is FDIC insured under certificate 11415, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at Harvest Bank?
Harvest Bank requires a minimum deposit of $100 to open its Kasasa Saver account, as observed on Nov 2, 2026. Check the bank's current terms before you open an account.
Does the 2.50% apply to my whole balance?
The 2.50% applies to balances of $100,000 or less. A larger balance earns 1.49% on the whole amount. The rate needs a linked account at the bank. Rates are as observed on Nov 2, 2026.
Does Harvest Bank have branches?
Yes. Harvest Bank operates 6 branches according to FDIC branch records, in addition to its website and mobile apps.
Harvest Bank against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| Harvest Bank | 2.50% | 1.77% | $100 | 6 branches in MN |
| Arcadian Bank | 2.50% | 2.68% | $25 | 3 branches in MN |
| Auburn Savings Bank, FSB | 2.50% | 1.54% | $25 | 2 branches in ME |
| Centreville Bank | Up to2.50% | 2.55% | $10,000 | 23 branches in CT, RI |
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 Harvest Bank's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in Minnesota, nearest to Harvest Bank in deposits:
Rate hubs: today's highest savings rates, CD rates by term, and money market rates.
State pages: savings rates in Minnesota, money market rates in Minnesota, and banks in Minnesota.