a hand dropping a quarter into a green piggy bank

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

Talk to a banker today.

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.

Important Update for Prior CenBank Customers: Due to the merger with Grand Marais State Bank, our routing number has changed effective 02/09/2026. - New Routing Number: 091213314 - Please update your direct deposits and automatic payments to avoid delays.

You will be able to use your CenBank checks until 12/31/2026

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