Think Mutual Bank Best CD Rates

Think Mutual Bank, headquartered in Rochester, Minnesota, is offering regular certificates of deposit, Individual Retirement Account (IRA) certificates of deposit and jumbo certificates of deposit. The bank currently has some of the best CD rates at banks around. Certificate of deposit terms range between 30 days and 60 months.

Think Mutual is also offering variable rate certificates of deposit. CD rates on variable certificates of deposit can change weekly based on market conditions and the bank’s discretion, unlike regular certificates of deposit which have a fixed CD interest rate.

Regular certificates of deposit and IRA certificates of deposit have a minimum opening deposit to $500. Jumbo certificates of deposit have a minimum opening balance of $50,000. Jumbo CD rates are .10 percent higher than regular bank CD rates.

Regular CD Rates and IRA CD Rates

  • 30 Day IRA CD  0.50% Rate 0.50% APY
  • 3 Month Fixed CD 0.60% Rate 0.60% APY
  • 6 Month Fixed CD 0.90% Rate 0.90% APY
  • 1 Year Fixed Regular CD Only 1.44% Rate 1.45% APY
  • 12 Month Fixed CD 1.44% Rate 1.45% APY
  • 18 Month Fixed CD 1.49% Rate 1.50% APY
  • 2 Year Fixed CD 1.74% Rate 1.75% APY
  • 30 Month Fixed CD 1.84% Rate 1.85% APY
  • 3 Year Fixed CD 2.18% Rate 2.20% APY
  • 4 Year Fixed CD 2.43% Rate 2.45% APY
  • 5 Year Fixed CD 2.87% Rate 2.9% APY

Jumbo CD Rates and IRA CD Rates

  • 30 Day Jumbo IRA CD 0.60% Rate 0.60% APY
  • 3 Month Jumbo Fixed CD 0.70% Rate 0.70% APY
  • 6 Month Jumbo Fixed CD 1.00% Rate 1.00% APY
  • 1 Year Jumbo Fixed CD 1.54% Rate 1.55% APY
  • 12 Month Jumbo Fixed CD Only 1.54% Rate 1.55% APY
  • 18 Month Jumbo Fixed CD 1.59% Rate 1.60% APY
  • 2 Year Jumbo Fixed CD 1.84% Rate 1.85% APY
  • 30 Month Jumbo Fixed CD 1.94% Rate 1.95% APY
  • 3 Year Jumbo Fixed CD 2.28% Rate 2.30% APY
  • 4 Year Jumbo Fixed CD 2.53% Rate 2.55% APY
  • 5 Year Jumbo Fixed CD 2.97% Rate 3.00% APY

Variable Rate Jumbo CD Rates and IRA CD Rates

  • 6 Month Jumbo Variable CD 0.69% Rate 0.69% APY
  • 1 Year Jumbo Variable CD 0.71% Rate 0.71% APY

For more current CD rates and jumbo CD rates go to thinkbank.com.

 
Author: Brian McKay
April 16th, 2010