Owatonna Rate Rates

Savings Rates

Regular Savings

From…	Up to…	Savings Rate
$200.00	$999.99	0.15% APY*
$1,000.00	$2,499.99	0.20% APY*
$2,500.00	$24,999.99	0.35% APY*
$25,000.00	And above	0.50% APY*

*Annual Percentage Yield. Effective August 20, 2014. Rates subject to change at any time.

Smart Savers-No New Accounts Are Currently Being Opened

From…	Up to…	Savings Rate
$200.00	$999.99	0.15% APY*
$1,000.00	$2,499.99	0.30% APY*
$2,500.00	And above	0.55% APY*

*Annual Percentage Yield. Effective August 20, 2014. Rates subject to change at any time.

Little Savers

From…	Up to…	Savings Rate
$20.00	$999.99	0.40% APY*
$1,000.00	$2,499.99	0.55% APY*
$2,500.00	$24,999.99	0.65% APY*
$25,000.00	And above	0.80% APY*

*Annual Percentage Yield. Effective June 27, 2019. Rates subject to change at any time.

CD Rates

Certificate of Deposit

Term	APY*	Minimum Opening Deposit
3 Months	0.25% APY*	$500.00
6 Months	0.30% APY*	$500.00
12 Months	0.50% APY*	$500.00
18 Months	0.60% APY*	$500.00
24 Months	0.75% APY*	$500.00
36 Months	0.90% APY*	$500.00
48 Months	1.00% APY*	$500.00
60 Months	1.10% APY*	$500.00

*Annual Percentage Yield. Effective October 16, 2020. Rates subject to change at any time. Time Certificate 12 months and over compound quarterly. Early withdrawal penalty is 3 months interest for CD terms 12 months and under. Early withdrawal penalty is 6 months interest for CD terms over 12 months.

Special Certificate of Deposit

Term	APY*	Renewal Rate Term	Minimum Opening Deposit
13 Months	0.65% APY*	12 Months	$5000.00
17 Months	0.75% APY*	12 Months	$5000.00
22 Months	0.85% APY*	18 Months	$5000.00

Special Certificate of Deposits renew at the current interest rate for the renewal rate term certificate of deposit.