Business Savings

MinnStar Bank offers several savings solutions from easy to access savings accounts to long term Certificate of Deposits to help you plan for the success and future of your business. Our knowledgeable staff is available to sit down and understand your needs and help you decide what options work best for your business.

Quarterly Savings*

• $25.00 minimum balance
• A minimum balance fee of $7.00 will be imposed every quarter if the balance in the account falls below $25 any day of the quarterly statement cycle
• Interest is paid on the average daily collected balance and added to your account balance quarterly
• A per debit fee of $1.00 will be imposed for each debit in excess of 18 debits per quarterly statement cycle

Money Market Savings*

• $1,000.00 minimum balance
• A minimum balance fee of $6.00 will be imposed every month if the balance in the account falls below $1,000 any day of the monthly statement cycle
• Interest is paid on the average daily collected balance and added to your account balance monthly
• A per debit fee of $6.00 will be imposed for each debit in excess of 6 debits per monthly statement cycle

Elite Savings*

• • $5,000.00 minimum balance
  • Interest is accrued on a daily ledger balance and credited to the account monthly
  • The interest rate and annual percentage yield for your account depend upon the applicable rate tier
  • Receive E-statements with online banking or select paper statements. The paper statement fee is $5.00 per monthly statement cycle

*Ask a MinnStar Bank employee for current annual percentage yield. Rates are subject to change per MinnStar Bank’s discretion.