Minster Bank savings, CD and money market rates
Minster Bank's Investment Savings advertises 1.10% APY on balances of $25,000 or more, and 0.40% to 0.60% below that. On a $10,000 balance the account earns 0.60% overall, about $60 in a year, which is 0.22 percentage points above the national savings average of 0.38% (FDIC, Oct 2026).
Ranked #771 of 3146 tracked savings rates by advertised APY. For a $10,000 balance it would rank #818.
Minster Bank at a glance
| Savings | |
|---|---|
| Top savings APY | Up to 1.10% · Investment Savings · needs at least $25,000 |
| Minimum to open | $500 · Investment Savings |
| Against the national average | 0.72 percentage points above the 0.38% FDIC savings average (Oct 2026) |
| CDs | |
| Top CD APY | Up to 3.90% · 18 months · 18-Month CD Special · needs at least $100,000 |
| Minimum to open | $1,000 · 18 months CD |
| Money market | |
| Top money market APY | Up to 3.00% · Money Market Advantage · needs at least $2,500,000 |
| Minimum to open | $10,000 · Money Market Advantage |
| Against the national average | 2.37 percentage points above the 0.63% FDIC money market average (Oct 2026) |
| FDIC certificate | 763 · Minster, OH |
|---|---|
| Website | www.minsterbank.com |
| Branches | 7 branches in OH |
| Availability | Available in OH |
Minster Bank savings, CD and money market rates
How the rate applies
How the rate applies
How the rate applies
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.
Minster Bank CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| 7 months | Up to3.70%Needs at least $100,000 | $1,000 | 7-Month CD Special |
| 18 months | Up to3.90%Needs at least $100,000 | $1,000 | 18-Month CD Special |
Interactive Tool
Calculate Savings for Minster Bank
All calculations are based on APY.
Tiered rates: 0.40% to 1.10% APY across 4 balance tiers.
Savings Breakdown
- Interest Earned+$201.40(1.4%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$14,201.40
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What Minster 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 1.10% needs a balance of at least $25,000. Below that, the account advertises 0.40%.
In Q2 2026, Minster Bank 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%.
- Minster 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 |
|---|---|---|---|---|---|---|---|---|
| Investment Savings | Up to 1.10% | $500 | $500 | None | not stated | not stated | Tiered | |
| Fine print: A monthly maintenance fee applies in any month the balance falls below $1,000. | ||||||||
| Health Savings Account (HSA) | Up to 0.40% | $0 | $0 | None | not stated | not stated | Tiered | |
| Regular Savings | 0.30% | $25 | $0 | None | not stated | not stated | One rate | |
| Fine print: A monthly maintenance fee applies in any month the balance falls below $200. For an account holder under 18 the balance is $25. | ||||||||
| America Saves | 0.25% | $25 | $0 | None | not stated | not stated | One rate | |
| Fine print: No minimum balance is required for the first nine months. After that a monthly maintenance fee applies in any month the balance falls below $200. | ||||||||
| Holiday Savings | 0.25% | $25 | $0 | None | not stated | not stated | One rate | |
| Fine print: No withdrawals are permitted before the annual payout. At maturity the balance is transferred automatically to another Minster Bank account. Interest that has accrued is not paid if the account is closed before the payout. | ||||||||
| Money Market Advantage | Up to 3.00% | $10,000 | $10,000 | None | not stated | not stated | Tiered | |
| Fine print: A monthly maintenance fee applies in any month the balance falls below $10,000. | ||||||||
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 |
|---|---|---|---|---|---|
| 7-Month CD Special | 7 months | Up to 3.70% | $1,000 | not stated | not stated |
| 18-Month CD Special | 18 months | Up to 3.90% | $1,000 | not stated | not stated |
Opening and using the account
| Availability | Available in OH |
|---|---|
| Footprint | 7 branches in OH |
| Eligibility | not stated |
How Minster Bank behaves over time
- 12-month high
- 1.10%
- 12-month low
- 1.05%
- Advertised now
- 1.10%
- At the 12-month high
The advertised Investment Savings rate, observed through Nov 2, 2026. The series includes promotional tiers where one applied.
Recent rate changes, as observed
- Obs. Oct 28, 202618-Month CD SpecialRaise:3.30%to3.55%
- Obs. Oct 28, 20267-Month CD SpecialRaise:3.25%to3.35%
- Obs. Oct 28, 2026Money Market AdvantageRaise:0.55%to0.60%
- Obs. Oct 28, 2026Regular SavingsRaise:0.25%to0.30%
$10,000 in Minster Bank's Investment Savings earns 0.60% overall at the advertised rates, so it grows to $10,060 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 $9,697 does today. See how the federal funds rate shapes savings rates.
- Investment Savings APY
- Banksparency savings index
Minster Bank CD rates over time
Who is Minster Bank?
| Headquarters | Minster, OH |
|---|---|
| Founded | 1914 |
| Scale | $812M assets · $719M deposits, $555M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 763 |
| Charter state | Ohio · one of 157 insured banks chartered there (Q2 2026, FDIC) |
| Size | 1,176th-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 58% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What Minster Bank pays on deposits above.
Common questions about Minster Bank
Is Minster Bank FDIC insured?
Yes. Minster Bank is FDIC insured under certificate 763, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at Minster Bank?
Minster Bank requires a minimum deposit of $500 to open its Investment Savings account, as observed on Nov 2, 2026. Check the bank's current terms before you open an account.
Does the 1.10% apply to my whole balance?
The 1.10% needs a balance of at least $25,000. Below that, the account advertises 0.40%. Rates are as observed on Nov 2, 2026.
Does Minster Bank have branches?
Yes. Minster Bank operates 7 branches according to FDIC branch records, in addition to its website and mobile apps.
Minster Bank against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| Minster Bank | Up to1.10% | 1.45% | $500 | 7 branches in OH |
| First Bank | 1.10% | 0.91% | not stated | 3 branches in KS |
| The Payne County Bank | 1.10% | 1.86% | $50 | 3 branches in OK |
| FFB Bank | Up to1.06% | 1.43% | $100 | 3 branches in CA |
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 Minster Bank's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in Ohio, nearest to Minster Bank in deposits:
Rate hubs: today's highest savings rates, CD rates by term, and money market rates.
State pages: savings rates in Ohio, money market rates in Ohio, and banks in Ohio.