Sentry Bank certificate of deposit accounts offer competitive interest rates with no monthly service charges for savers and investors in Central Minnesota.  The bank CDs allow investors and savers to invest funds for selected periods of time at a fixed interest rate, giving the account holder the opportunity to ride out any interest rate fluctuations that may occur.

Most savers and investors understand they can minimize market risk by locking in a high yielding certificate of deposit for a term that matches their investment time horizon.  The key for savers and investors is finding the right blend of high yield, appropriate maturity or account term, and convenient banking services.

Fortunately for those consumers residing in the service area of Sentry Bank, there are several account options available.  The shear variety of certificate of deposit accounts and certificate of deposit rates available in Minnesota through Sentry Bank means more savings options for their customers.

Bank CD terms can run from three months to five years, depending on the CD selected.  Interest rates and rates of return earned will be higher the longer term chosen.  Types of CDs available at Sentry include:

Standard, fixed intertest rate certificates.
Variable interest rate CDs, which are tied to a certain index like a Treasury bill or the prime interest rate, and provide the benefit of potential future interest rate increases.
Low or no-penalty CDs which give account holders greater access to their money but provide lower rates of return than traditional CDs and require a minimum balance.
IRA CDs which is a regular certificate of deposit that is held in a tax-advantaged individual retirement account, or IRA.

Annual Percentage Yield (APY) assumes interest credited is not withdrawn until maturity or renewal.  Principal withdrawals prior to the maturity or renewal date may be subject to early withdrawal penalties.  Additional terms and conditions may apply.  Refer to the bank’s Account Disclosures for additional information.

Sentry Bank is an independent community bank based in Saint Joseph, MN.  The bank operates four branch locations in the region including branches in St. Cloud and St. Stephen, MN.

For more information about the Sentry Bank CDs rates, IRA CD rates, or jumbo CD rates in Minnesota contact a bank customer service representative at 320-363-7721.  Further reading on current certificate rates in the area can be found at MN CD rates.

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