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Certificate of Deposit

Invest in your future with the security of a CD — backed by a local bank that’s invested in you
Lock in a great rate and let your money work for you. CDs offer dependable growth, made simple. With a Certificate of Deposit from Grand Marais State Bank, you can save confidently knowing your funds are secure, your rate is guaranteed, and your goals are within reach.

182 Days (6 Months)

Minimum balances of $1,000.00, $5,000.00 or $10,000.00

(Rates vary with balance)

1 year

Minimum balance of $1,000.00

2 year

Minimum balance of $1,000.00

3 year

Minimum balance of $2,500.00

5 year

Minimum balance of $2,500.00

Disclosure available upon request

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It all starts with a conversation. Whether you’re opening an account, applying for a loan, or planning ahead, our team is just a call or visit away — always ready to help you move forward.

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