Ultima Bank of Minnesota CD Rates and Review(s)

Ultima Bank of Minnesota is a relatively small community bank with some decent rates on their CDs (certificates of deposit) and savings accounts. However, most of us will probably not be eligible to take advantage of these products as Ultima Bank operates in Minnesota with just 2 branches and 25 full time employees. In the state of Minnesota they are just the 176th largest banking institution (for both banks and credit Read more…

Top 3 CD Rates in Minneapolis, MN

Below are the highest yielding CD (certificate of deposit) rates available to the residents of Minneapolis, Minnesota. These come in the form of 6 month CDs, 12 month CDs and 24 month CDs. After sorting through dozens of rate pages by local community banks and credit unions serving Minneapolis as well as Minnesota, we found that for the most part, you will be able to receive slightly better rates with national institutions than with local ones.

Keep in mind interest rates are time-sensitive in Read more…

Highest yielding money market account rates in Minnesota

Below are the highest yielding money market account rates serving citizens of the state of Minnesota.

If you are strictly after the best rate then you have a variety of options that will provide you with similar yields. The question you need to ask yourself is, “what type of minimum balance can I keep?” Most money market accounts provide a given interest rate based on a certain account balance. The more money you are able to keep in these Read more…

Best certificate of deposit rates in Minnesota (Top 3)

Below are the highest yielding CD rates available to residents in the state of Minnesota. They come from a variety of financial institutions including local and regional banks and credit unions. In some cases there may be eligibility restrictions (especially with credit unions), so you may want to contact a representative within the institution to see if you are eligible. If do not reside in Minnesota you may still be able to take advantage of some of these products but Read more…