Highest Business CD Rates in Minnesota
19 Minnesota-specific products
The Minnesota market
Minnesota accounts
19
Institutions
3
Top Minnesota APY
4.35% APY
Nationally: 4.50% APY
FDIC national average
1.76%
As of Oct 2026
19 business CDs are open only to Minnesota residents, from 3 institutions. The highest advertised APY among them is 4.35%.
The highest nationally available rate is 4.50% APY, 15 basis points above the Minnesota leader.
19 of the 19 Minnesota business CDs advertise more than the FDIC national average of 1.76% for 12-month CDs as of Oct 2026.
Minnesota-Specific Business CDs Rates
Business CDs rates specifically available to Minnesota residents.
| # | Institution & CD | Rate & Features | Minimum Deposit | Actions |
|---|---|---|---|---|
| #1 | 4.35%APY Observed: Oct 28, 2026 Branches: Yes | $500 | ||
| #2 | 4.15%APY Observed: Oct 28, 2026 Branches: Yes | $500 | ||
| #3 | 4.10%APY Observed: Oct 28, 2026 Branches: Yes | $500 | ||
| #4 | 4.06%APY Observed: Oct 23, 2026 Branches: Yes | N/A | ||
| #5 | 3.96%APY Observed: Oct 23, 2026 Branches: Yes | N/A | ||
| #6 | 3.91%APY Observed: Oct 23, 2026 Branches: Yes | N/A | ||
| #7 | 3.91%APY Observed: Oct 23, 2026 Branches: Yes | N/A | ||
| #8 | 3.85%APY Observed: Oct 23, 2026 Branches: Yes | N/A | ||
| #9 | 3.80%APY Observed: Oct 28, 2026 Branches: Yes | $500 | ||
| #10 | 3.75%APY Observed: Oct 28, 2026 Branches: Yes | N/A | ||
| #11 | 3.65%APY Observed: Oct 23, 2026 Branches: Yes | N/A | ||
| #12 | 3.53%APY Observed: Oct 23, 2026 Branches: Yes | N/A | ||
| #13 | 3.39%APY Observed: Oct 23, 2026 Branches: Yes | N/A | ||
| #14 | 3.29%APY Observed: Oct 28, 2026 Branches: Yes | $500 | ||
| #15 | 3.25%APY Observed: Oct 28, 2026 Branches: Yes | N/A | ||
| #16 | 3.25%APY Observed: Oct 28, 2026 Branches: Yes | N/A | ||
| #17 | 2.75%APY Observed: Oct 28, 2026 Branches: Yes | N/A | ||
| #18 | 2.50%APY Observed: Oct 28, 2026 Branches: Yes | N/A | ||
| #19 | 2.00%APY Observed: Oct 28, 2026 Branches: Yes | N/A |
$500
Yes
$500
Yes
$500
Yes
N/A
Yes
N/A
Yes
N/A
Yes
N/A
Yes
N/A
Yes
$500
Yes
N/A
Yes
N/A
Yes
N/A
Yes
N/A
Yes
$500
Yes
N/A
Yes
N/A
Yes
N/A
Yes
N/A
Yes
N/A
Yes
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.
Nationally Available Business CDs Rates
The 8 highest business cds rates available nationwide, including in Minnesota.
| Institution | Product / Term | APY |
|---|---|---|
| Live Oak Bank | 1 Year Business CD12 months | 4.50% |
| Live Oak Bank | 9-Month Business CD9 months | 4.40% |
| Live Oak Bank | 6-Month Business CD6 months | 4.30% |
| Newtek Bank | 6-Month CD6 months | 4.30% |
| Live Oak Bank | 18-Month Business CD18 months | 4.30% |
| Prime Alliance Bank | 12-Month Business CD12 months | 4.25% |
| Prime Alliance Bank | 18-Month Business CD18 months | 4.25% |
| Prime Alliance Bank | 6-Month Business CD6 months | 4.00% |
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.