6.00% 7-Month CD at a Minnesota Bank (First National Bank)

First National Bank is offering a special 6.00% APY 7-month certificate of deposit. The minimum deposit is $1K, and the maximum is $50K. For new customers it requires a checking account with direct deposit. They do have a free checking account called the Step Up Checking that qualifies.

A branch visit is required to open an account. Branches are located in Cannon Falls and Red Wing, Minnesota which are located about 30 miles southwest of Minneapolis-Saint Paul. The bank has been FDIC insured since 1934 (FDIC Certificate # 5108).

Tags: Minnesota, CD rates