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Red Wing Rates

Compare Top CD and Savings Account Rates in Red Wing

Local savers know the value of making every dollar count. Our high-yield savings accounts give you everyday liquidity when you need it, while our featured CD accounts let you lock in reliable growth at competitive, fixed rates. Explore our complete rate table below to find the ideal account for your financial timeline and start building a stronger future locally.
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Savings Rates

Premium High Yield Savings

Balance Tier APY*
$500.00 – $34,999.99 2.10%
$35,000.00 – $69,999.99 2.40%
$70,000.00 – $99,999.99 2.50%
$100,000.00 – and above 2.75%
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Regular Savings

Balance Tier APY*
$0.01 – $999.99 0.15%
$1,000.00 – $2,499.99 0.20%
$2,500.00 – $24,999.99 0.35%
$25,000.00 – and above 0.50%
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Little Savers

Balance Tier APY*
$0.01 – $999.99 0.40%
$1,000.00 – $2,499.99 1.55%
$2,500.00 – $24,999.99 1.65%
$25,000.00 – and above 1.80%
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Certificate of Deposit Rates

Regular CDs

Term Min. Deposit APY*
3 months $500.00 3.00%
6 months $500.00 3.50%
12 months $500.00 4.00%
18 months $500.00 3.65%
24 months $500.00 3.65%
36 months $500.00 3.54%
48 months $500.00 3.14%
60 months $500.00 3.29%
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Special CDs

Term Min. Deposit APY*
10 months $5000.00 3.90%
12 months $5000.00 4.00%
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