are cds worth it

Introducing Better CD Rates in ND & MN.

We have your best interest at heart with our competitive certificate of deposit (CD) rates! A simple and easy way to save, our CDs come with local servicing throughout North Dakota and Minnesota.

Little Effort. Big Gains.

Whether you're saving in the short term for a specific purchase or long term for retirement, our CDs are an easy way to earn competitive interest. Choose your own CD term, and rest assured knowing up to $250,000 is safe, secure and insured by the FDIC.

Exclusive Offers on CD Rates1

Accurate as of Wednesday, May 22, 2024
Get in touch or find a location to learn more and open your CD today.
Term Interest Rate Annual Percentage Yield (APY)
Term13 Month Interest Rate4.74% Annual Percentage Yield (APY)4.75%
Term25 Month Interest Rate4.25% Annual Percentage Yield (APY)4.25%

CD Rates1

Accurate as of Wednesday, May 22, 2024
Get in touch or find a location to learn more and open your CD today.
Term Interest Rate Annual Percentage Yield (APY)
Term3 Month (90 Day) Interest Rate4.41% Annual Percentage Yield (APY)4.48%
Term6 Month (182 Day) Interest Rate4.44% Annual Percentage Yield (APY)4.49%
Term1 Year Interest Rate3.10% Annual Percentage Yield (APY)3.10%
Term2 Year Interest Rate2.75% Annual Percentage Yield (APY)2.75%
Term3 Year Interest Rate3.50% Annual Percentage Yield (APY)3.50%
Term4 Year Interest Rate3.25% Annual Percentage Yield (APY)3.25%
Term5 Year Interest Rate2.70% Annual Percentage Yield (APY)2.70%

 

Relationship CD Rates1

Accurate as of Wednesday, May 22, 2024
A relationship CD is available for customers with a Benefit Interest Checking account. Get in touch or find a location to learn more and open your CD today.
Term Interest Rate Annual Percentage Yield (APY)
Term3 Month (90 Day) Interest Rate4.91% Annual Percentage Yield (APY)5.00%
Term6 Month (182 Day) Interest Rate4.94% Annual Percentage Yield (APY)5.00%
Term1 Year Interest Rate3.60% Annual Percentage Yield (APY)3.60%
Term2 Year Interest Rate3.25% Annual Percentage Yield (APY)3.25%
Term3 Year Interest Rate4.00% Annual Percentage Yield (APY)4.00%
Term4 Year Interest Rate3.75% Annual Percentage Yield (APY)3.75%
Term5 Year Interest Rate3.20% Annual Percentage Yield (APY)3.20%
happy young woman works at desk laptop and examines best IRA accounts with Gate City Bank

Retirement Saving Made Simple.

You’ve worked hard for your money – and your future. You deserve to have  savings options that'll work just as hard for you. Whatever stage you’re at in life, we’ll help make it easy to invest your dollars for your future plans.

Enjoy More Ways to Save.

guy in glasses and purple shirt enjoys great savings account rates on phone

Regular Savings

Looking for a savings account that’s perfect for your walk of life? Our regular savings option features no fees, competitive interest rates and a low minimum balance.

woman in kitchen holds coffee and uses phone to enjoy a low minimum account balance

Relationship Savings

Interested in a savings account that offers no fees, competitive interest rates and a lower minimum balance? Our relationship savings account may be the perfect option for you!

happy man in Fargo office – checking his Gate City Bank money market account and current savings balance on his tablet

Money Market Savings

Looking for a savings account with a higher interest rate? Our user-friendly money market savings option features no fees, a great interest rate and a modest minimum balance. 

Happy hiking couple from ND, relaxing on a mountainside while their high yield savings account grows with Gate City Bank

High Yield Savings

Save big. Breathe easy. Put your savings to work with our high yield savings account, featuring our best interest rates with no monthly fees.

1 We're here to tell ya the minimum balance required to open an account and earn interest and APY is $1,000 for certificates of deposit (CDs) and $100 for individual retirement accounts (IRAs). Ope, an early withdrawal penalty may apply. Annual contribution limits apply for IRAs.