Rates
Current Rates At First Dakota
Understanding account differences and their featured rates is just one way First Dakota helps provide transparency into your banking options. You shouldn't have to guess while making financial decisions and our banking team is here to help navigate any questions you might have.
Browse our checking and savings account rates and when you're ready, stop by or contact your nearest First Dakota location to get started.
Here is a quick glance at our personal savings and checking account tiers and rates. These accounts can be opened online or in person.
Interest bearing personal savings accounts:
FirstChoice Money Market Account Rate 1
| Term or Daily Balance | Interest Rate | APY |
|---|---|---|
| $10,000.00 - $24,999.99 | 1.50% | 1.51% |
| $25,000.00 - $99,999.99 | 1.70% | 1.71% |
| $100,000.00 - $149,999.99 | 2.35% | 2.38% |
| $150,000.00 - $249,999.99 | 2.50% | 2.53% |
| $250,000.00 - $499,999.99 | 2.50% | 2.53% |
| $500,000.00 & above | 3.00% | 3.04% |
eSavings Account Rate 1
| Daily Balance Interest Rate | Interest Rate | APY |
|---|---|---|
All | 3.00% | 3.03% |
Statement Savings Account Rate 1
| Daily Balance | Interest Rate | APY |
|---|---|---|
| All | .80% | .80% |
1 Interest Rates and Annual Percentage Yields as of November 28, 2024. Rates can be adjusted at any time. Fees may reduce earnings. Minimum balance required to obtain stated Annual Percentage Yields (APY). No institutional funds allowed.
Interest bearing personal checking accounts:
FirstPartners Checking Account Rate 1
| Term or Daily Balance | Interest Rate | APY |
|---|---|---|
| $500.00 - $4,999.99 | 0.20% | 0.20% |
| $5,000.00 - $24,999.99 | 0.25% | 0.25% |
| $25,000.00 - $49,999.99 | 0.40% | 0.40% |
| $50,000.00 - $99,999.99 | 0.50% | 0.50% |
| $100,000.00 & above | 0.70% | 0.70% |
ClassicChoice Checking Account Rate 1
| Term or Daily Balance | Interest Rate | APY |
|---|---|---|
| Up to $499.99 | 0.12% | 0.12% |
| $500.00 - $4,999.99 | 0.15% | 0.15% |
| $5,000.00 - $24,999.99 | 0.20% | 0.20% |
| $25,000.00 and above | 0.25% | 0.25% |
1 Interest Rates and Annual Percentage Yields as of November 28, 2024. Rates can be adjusted at any time. Fees may reduce earnings. Minimum balance required to obtain stated Annual Percentage Yields (APY). No institutional funds allowed.
Interest bearing business checking accounts:
If you'd like to open a business deposit account with us, contact one of our business bankers. They can help you find the best account to fit your needs.
Just 1 Business Checking Account Rate 1
| Term or Daily Balance | Interest Rate | APY |
|---|---|---|
| $0.00 - $24,999.99 | 0.30% | 0.30% |
| $25,000.00 - $99,999.99 | 0.40% | 0.40% |
| $100,000.00 - $249,999.99 | 0.50% | 0.50% |
| $250,000.00 - $499,999.99 | 0.60% | 0.60% |
| $500,000.00 & above | 0.70% | 0.70% |
Small Business Checking with Interest Account Rate 2
| Term or Daily Balance | Interest Rate | APY |
|---|---|---|
| Up to $4999.99 | 0.25% | 0.25% |
| $5,000.00 - $9,999.99 | 0.30% | 0.30% |
| $10,000.00 - $24,999.99 | 0.35% | 0.35% |
| $25,000.00 - $49,999.99 | 0.40% | 0.40% |
| $50,000.00 - $99,999.99 | 0.40% | 0.40% |
| $100,000 and above | 0.50% | 0.50% |
1 Interest Rates and Annual Percentage Yields as of November 28, 2024. Calculations shown below are for example purposes only. Rate and margin are subject to change without prior notice. Rates are variable and subject to change. See a banker for current rates. See current Just 1 fee schedule for complete list of soft charges. Earnings credit is a monthly non-cash credit to your account that will offset part or all of the service charge. Earnings credit is calculated on 90% of the average collected balance maintained for the monthly cycle. Example calculation: $10,000 average collected balance in a month that had a 31-day cycle ($10,000 x 90% x .40%) x 31/365 = $3.06 in earnings credit. If the average collected balance for the statement cycle on the account is negative, the account will be charged uncollected funds fee of Prime +4%. The uncollected funds fee calculation is: negative average collected balance x Prime +4% x number of days in statement cycle divided by 365. Example calculation using -$1,000 average collected balance in a month that had a 31-day cycle ($1,000 x 7.25%) x 31/365=$6.16 uncollected funds fee.
2 Interest Rates and Annual Percentage Yields as of November 28, 2024. Calculations shown below are for example purposes only. Rate and margin are subject to change without prior notice. Rates are variable and subject to change. See a banker for current rates. If the average collected balance for the statement cycle on the account is negative, the account will be charged uncollected funds fee of Prime +4%. The uncollected funds fee calculation is: negative average collected balance x Prime +4% x number of days in statement cycle divided by 365. Example calculation using -$1,000 average collected balance in a month that had a 31-day cycle ($1,000 x 7.25%) x 31/365=$6.16 uncollected funds fee.