Minnesota

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Kasson, Minnesota CD Rates – 2-Year

You are viewing rates from banks across Kasson





Below are two-year Certificates of Deposit (CD) rates from banks in Kasson, Minnesota. Two year CDs generally offer a higher rate than 1 year CDs but require a longer commitment. Depending on the economy, longer term CDs may or may not offer more premium as the term increases. If you expect rates on bank products to drop, can afford to lock the money away, and feel you are receiving enough premium for the time commitment, then longer-term CDs may be appropriate.

Kasson, MN - December 14, 2025

2 Year CD National Average : 0.66% ?

Banks APY MIN MILES ?

Rate History: 4.00% → 4.00% → 4.21% → 4.00% → 3.75%

| Mar 21, 2023

Parent seems to be owned by a large Chilean bank. Not saying this is good or bad, but it is complication, especially in the current environment. Read More

Rate History: 4.00% → 4.10% → 4.00% → 3.75% → 3.50%

| Aug 2, 2023

Sallie mae is just a horrible institution. We've done business with them before and swore on the holy bible not to go near there again, but a 18 mos cd at 5.55% brought us back. Read More

Rate History: 3.50% → 3.50% → 3.50%

| Nov 18, 2023

bad bank hold your deposit over months without credit in your account, no interest, they don’t want pay you interest , they want your money with 0% interest. Read More

Rate History: 3.50% → 3.50% → 3.75% → 3.50%

| Sep 4, 2025

And I discovered that they play bait and switch and have no problems lying. This system won't let me give it zero or negative stars so I have given it one, but that is at least one too many. Read More

Early Withdrawal Penalty is 270 days interest.
Rate History: 3.95% → 3.90% → 3.80% → 3.70% → 3.45%

| Dec 18, 2023

I submitted a CD application 18 months 5.50 APY over a week ago and my application was declined no reason was given, I have the funds in another bank for transfer, credit score over 800. I think the reason... Read More

0.90%

$100,000

13.07

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0.80%

$10,000

13.07

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0.75%

$500

5.56

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0.75%

$100,000

12.59

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0.75%

$100,000

13.56

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0.75%

$10,000

21.56

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0.70%

$10,000

13.15

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0.65%

$10,000

12.59

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0.65%

$2,500

12.42

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0.55%

$100,000

11.81

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0.55%

$10,000

18.67

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0.50%

$10,000

13.56

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0.50%

$10,000

20.61

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0.50%

$10,000

12.45

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0.42%

$10,000

12.45

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| Jun 2, 2022

I've been a customer since CIT emerged from the financial crisis as a real competitor in this space (14 years or so). Zero complaints about anything over this time ... until today. Now they are offering a... Read More

0.40%

$10,000

12.45

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0.40%

$10,000

11.26

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0.40%

$10,000

11.81

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0.35%

$1,000

21.32

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0.30%

$10,000

24.65

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0.25%

$10,000

19.51

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0.24%

$10,000

12.45

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| Aug 22, 2025

Echoing the other negative reviews here. Avoid because rate is bait-and-switch, website is awful and service is not acceptable (provided by offshore reps who barely speak English, raise their voice and ad... Read More

0.05%

$10,000

13.86

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| Jun 12, 2023

US Bank reported me to dult Protective Services because my husband is 85 and I am63. He got sick and went into a nursing hime for 3 months. My husband always handled the financial affairs. I had to take ov... Read More

All rates listed are Annual Percentage Yield (APY). The Min listed is the minimum deposit account balance required to obtain the rate listed.

Branches Info around Kasson, MN - December 14, 2025


Branch Street City State
Foresight Bank
Foresight Bank - Rochester Branch
2660 Superior Drive Nw Rochester MN
Foresight Bank
Foresight Bank - Rochester Branch
2660 Superior Drive Nw Rochester MN
First Security Bank of Byron, Minnesota
First Security Bank Branch
316 Byron Avenue, North Byron MN
Think Mutual Bank
Rochester Branch
5201 Members Pkwy Nw Rochester MN
Manufacturers Bank & Trust Company
Rochester Branch
2020 2nd Street Sw Rochester MN
United Farmers State Bank
Dexter Facility Branch
235 South Main Street Dexter MN
Luminate Bank
Claremont Branch
208 Front Street Claremont MN
Think Mutual Bank
Rochester Branch
5201 Members Pkwy Nw Rochester MN
Eagle Rock Bank
Olmsted National Bank Branch
975 34th Avenue Nw Rochester MN
West Bank
Rochester Branch
2188 Superior Drive Nw Rochester MN
Security State Bank of Wanamingo
Security State Bank Of Wanamingo Branch
232 Main Street Wanamingo MN
Manufacturers Bank & Trust Company
Rochester Branch
2020 2nd Street Sw Rochester MN
Security State Bank of Kenyon
Security State Bank Of Kenyon Branch
602 Second Street Kenyon MN
Merchants Bank, National Association
Rochester Northwest Plaza Branch
3586 55th Street Nw Rochester MN
Merchants Bank, National Association
Rochester Northwest Plaza Branch
3586 55th Street Nw Rochester MN
Merchants Bank, National Association
Rochester Northwest Plaza Branch
3586 55th Street Nw Rochester MN
Heritage Bank Minnesota
Farmers State Bank Of West Concord Branch
181 Main Street West Concord MN
West Bank
Rochester Branch
2188 Superior Drive Nw Rochester MN
First Farmers & Merchants State Bank
First Farmers & Merchants State Bank Branch
106 W Main St Brownsdale MN
First Farmers & Merchants State Bank of Grand Meadow
First Farmers & Merchants State Bank Branch
105 North Main Street Grand Meadow MN
The First State Bank of Red Wing
Mazeppa Branch
First Street And State Highway 60 Mazeppa MN
Merchants Bank, National Association
Rochester Northwest Plaza Branch
3586 55th Street Nw Rochester MN
Sterling State Bank
North Rochester Branch
5600 Highway 52 North Rochester MN
U.S. Bank National Association
Blooming Prairie Branch
236 East Main Street Blooming Prairie MN
Associated Bank, National Association
Rochester Apache Mall Branch
1155 16th Street S.W. Rochester MN


BestCashCow strives to maintain the most accurate rates. If you believe a rate is not accurate, please let us know.

PRODUCT INFORMATION

Two Year CDs - Branch Banks 2025

Two year CDs, also know as 24 month CDs are an intermediate term product that commits a depositor to keeping their money in the bank for 24 months in return for a fixed rate of return during that period. All two year CDs shown on BestCashCow are FDIC insured.

While two year CDs commit a person to locking their money in for double the time of a 12 month CD, the rate is not double. As a result, a depositor should think about whether the extra rate is worth the extra time commitment.

In general, if rates are rising, it makes sense not to lock up money for an extended period of time.

If rates are falling, then it makes sense to put money into a longer-term instrument to lock-in a higher rate.

Many find opening CDs at local bank is often easier than online. In a branch, a depositor can sign CD documents and initiate a CD in person, and can often get it done faster than mailing a check or initiating a wire transfer in order to get their money to an online bank. Many also appreciate the opportunity to interact face to face with a real human being as opposed to by phone or instant messaging.

The advantages of a two year branch CD are:

  • A higher rate than 12 month CDs in return for leaving the money in the bank longer.
  • A fixed rate during the 24 month period.
  • A generally higher rate for the same term than what can be found in a branch-based bank.
  • FDIC insurance.
  • Convenience of opening and managing the CD online.

The disadvantages of a two year branch CDs are:

  • Rates are generally lower than on the top online savings and CD accounts.
  • Money is tied up for two years. Removing it early results in significant penalties.
  • Opening online can often take several days. Problems must be handled online or via the phone as there is no branch.

All banks listed on BestCashCow are FDIC insured; BestCashCow.com strongly recommends that you stay within FDIC insurance limits and that if you are unsure of how the limits affect you, please visit the FDIC website.

To understand all of the income generating options available to a saver, please view the Income Generating Investments Comparison Chart.

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