The First National Bank of Bemidji savings, CD and money market rates
The First National Bank of Bemidji advertises 0.71% APY on its Statement Savings account. That is 0.33 percentage points above the national savings average of 0.38% (FDIC, Aug 2026).
Ranked #293 of 803 tracked savings rates by advertised APY. For a $10,000 balance it would rank #221.
Estimate your earnings·What The First National Bank of Bemidji actually pays
The First National Bank of Bemidji at a glance
| Savings | |
|---|---|
| Top savings APY | 0.71% · Statement Savings |
| Minimum to open | $100 · Statement Savings |
| Against the national average | 0.33 percentage points above the 0.38% FDIC savings average (Aug 2026) |
| CDs | |
| Top CD APY | 3.65% · 60 months · 5 Year CD |
| Minimum to open | $1,000 · 60 months CD |
| Against the national average | 2.29 percentage points above the 1.36% FDIC 60-month CD average (Aug 2026) |
| Money market | |
| Top money market APY | Up to 1.61% · First Insured Money Market · needs at least $250,000 |
| Minimum to open | $100 · First Insured Money Market |
| Against the national average | 0.98 percentage points above the 0.63% FDIC money market average (Aug 2026) |
| FDIC certificate | 5093 · Bemidji, MN |
|---|---|
| Website | www.fnbbemidji.com |
| Branches | 3 branches in MN |
| Availability | Available in MN |
The First National Bank of Bemidji savings, CD and money market rates
Personal
How the rate applies
How the rate applies
IRA
Rates are APY. The national savings average is 0.38% (FDIC, Aug 2026). The top tracked savings rate on Banksparency is 5.00%. Across 60 savings accounts from 58 banks in the Banksparency core savings index, the median advertised rate is 3.50%, and one account in ten advertises 4.01% or more. See the highest savings rates.
The First National Bank of Bemidji CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| Personal CDs | |||
| 3 months | 3.51% | $1,000 | 91 Day CD |
| 6 months | 3.52% | $1,000 | 182 Day CD |
| 12 months | 3.56% | $500 | 1 Year CD |
| 18 months | 3.56% | $500 | 18 Month CD |
| 24 months | 3.49% | $500 | One-Up 2 Year CD |
| 24 months | 3.57% | $500 | 2 Year CD |
| 30 months | 3.57% | $500 | 30 Month CD |
| 36 months | 3.56% | $500 | 3 Year CD |
| 48 months | 3.49% | $1,000 | One-Up 4 Year CD |
| 48 months | 3.64% | $1,000 | 4 Year CD |
| 60 months | 3.65% | $1,000 | 5 Year CD |
| IRA CDs | |||
| 18 months | 3.62% | $1,000 | 18 Month IRA CD |
| 18 months | 2.99% | $100 | 18 Month Variable Rate IRA |
Interactive Tool
Calculate Savings for The First National Bank of Bemidji
All calculations are based on APY.
Tiered rates: 1.46% to 1.66% APY across 5 balance tiers.
Savings Breakdown
- Interest Earned+$571.00(3.9%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$14,571.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What The First National Bank of Bemidji 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 all of its deposits 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.
In Q1 2026, The First National Bank of Bemidji paid a higher average rate than 74% of U.S. banks (all-bank median 2.27%).
- The First National Bank of Bemidji, avg rate paid
- 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 every account that earns interest: savings, interest checking, money market accounts, CDs, and personal and business accounts at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years.
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 balances at the rates of earlier years, everyday transaction balances, and CDs that were priced in a different rate environment. 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 rate paid on interest-bearing deposits, quarterly. 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.
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 | 1.66% | not stated | $0 | None | not stated | not stated | Tiered | |
| Young Investors Savings | 0.71% | $0 | $0 | None | not stated | not stated | One rate | |
| Statement Savings | 0.71% | $100 | $0 | None | A $1 monthly maintenance fee will be assessed if the balance falls below the $200 daily balance requirement. | not stated | One rate | |
| Thrift Savings | 0.60% | $50 | $0 | None | A $1 monthly maintenance fee will be assessed if the balance falls below the $50 daily balance requirement. | not stated | One rate | |
| First Insured Money Market | 1.61% | $100 | $0 | None | A $5 monthly maintenance fee will be assessed if the balance falls below the $1,000 daily balance requirement. | 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 | |||||
| 91 Day CD | 3 months | 3.51% | $1,000 | not stated | not stated |
| 182 Day CD | 6 months | 3.52% | $1,000 | not stated | not stated |
| 1 Year CD | 12 months | 3.56% | $500 | not stated | not stated |
| 18 Month CD | 18 months | 3.56% | $500 | not stated | not stated |
| One-Up 2 Year CD | 24 months | 3.49% | $500 | not stated | not stated |
| 2 Year CD | 24 months | 3.57% | $500 | not stated | not stated |
| 30 Month CD | 30 months | 3.57% | $500 | not stated | not stated |
| 3 Year CD | 36 months | 3.56% | $500 | not stated | not stated |
| One-Up 4 Year CD | 48 months | 3.49% | $1,000 | not stated | not stated |
| 4 Year CD | 48 months | 3.64% | $1,000 | not stated | not stated |
| 5 Year CD | 60 months | 3.65% | $1,000 | not stated | not stated |
| IRA CDs | |||||
| 18 Month IRA CD | 18 months | 3.62% | $1,000 | not stated | not stated |
| 18 Month Variable Rate IRA | 18 months | 2.99% | $100 | not stated | not stated |
Opening and using the account
| Availability | Available in MN |
|---|---|
| Footprint | 3 branches in MN |
| Eligibility | not stated |
How The First National Bank of Bemidji behaves over time
Every observation of the advertised Statement Savings rate in the last 12 months was 0.71% (observed through Sep 9, 2026). The series includes promotional tiers where one applied.
- Statement Savings
- The same as 7 days ago.
- 60 months CD
- The same as 7 days ago.
- First Insured Money Market
- The same as 7 days ago.
- Rate last changed
- Aug 16, 2026(effective date)
$10,000 at the 0.71% APY The First National Bank of Bemidji advertises on Statement Savings grows to $10,071 in a year. Prices rose 3.4% in the year to July 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $9,744 does today. See how the federal funds rate shapes savings rates.
The First National Bank of Bemidji CD rates over time
Who is The First National Bank of Bemidji?
| Headquarters | Bemidji, MN |
|---|---|
| Founded | 1897 |
| Scale | $1.0B assets · $836M deposits, $684M of it interest-bearing (Q1 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 5093 |
Financial detail is in What The First National Bank of Bemidji pays on deposits above.
Common questions about The First National Bank of Bemidji
Is The First National Bank of Bemidji FDIC insured?
Yes. The First National Bank of Bemidji is FDIC insured under certificate 5093, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at The First National Bank of Bemidji?
The First National Bank of Bemidji requires a minimum deposit of $100 to open its Statement Savings account, as observed on Sep 9, 2026. Check the bank's current terms before you open an account.
Does The First National Bank of Bemidji have branches?
Yes. The First National Bank of Bemidji operates 3 branches according to FDIC branch records, in addition to its website and mobile apps.
The First National Bank of Bemidji against its closest alternatives
| Bank | Savings APY | Rate paid (Q1 2026) | Min deposit | Branches |
|---|---|---|---|---|
| The First National Bank of Bemidji | 1.66% | 2.69% | not stated | 3 branches in MN |
| American State Bank & Trust Company of Williston | 1.71% | 1.71% | not stated | 2 branches in ND |
| nbkc Bank | 3.00% | 3.18% | $0 | 4 branches in KS, MO |
| Cape Ann Savings Bank | 2.27% | 2.34% | $15,000 | 4 branches in MA |
Alternatives are the three tracked banks whose highest savings APY is closest to The First National Bank of Bemidji's.
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