luminate bank

Your money should earn more.

Lock in a fixed rate and know exactly what you'll earn.

Annual Percentage Yield (APY) accurate as of 11/1/2026. A penalty may be imposed for early withdrawal. National rates are the FDIC’s published National Rates as of 10/19/2026, available on the FDIC’s National Rates and Rate Caps page at fdic.gov. *4-month CD Special: Minimum opening deposit of $10,000. New money only. Interest on certificates with terms of less than 12 months will not be compounded and will be paid at maturity. National rate shown is for 3-month CDs. **12-month CD: Minimum opening deposit of $500. Interest on certificates with terms of 12 months or greater will be compounded and paid quarterly. National rate shown is for 12-month CDs. The FDIC does not endorse Luminate Bank.

4-Month CD Special

4.25% APY*

More than 3X the national rate

$10,000 minimum. New money only.

12-Month CD

4.00% APY**

More than twice the national rate

$500 minimum.

WHY LUMINATE BANK

You don't have to choose.

Real people, competitive rates, and the freedom to bank from anywhere. You get all three.

Real People

Talk to someone who takes the time to explain your options. Call (952) 939-7200.

Competitive Rates

Your rate stays fixed for the full term, so you know exactly what you'll earn.

Bank From Anywhere

Open online in minutes and keep an eye on your CD from your phone.

How it Works

Open your CD in three steps.

Pick Your Term

Choose the 4-month CD Special, the 12-month CD, or see all CD terms and rates.

Apply Online

It takes a few minutes. Have your ID and a funding account ready. 

Fund It & Lock In Your Rate

Your rate stays the same for the full term.

FAQs

Good to know.

  • What counts as new money?

    New money refers to funds that are not currently on deposit with Luminate Bank. Eligible deposits must come from an external financial institution to qualify for the promotional CD offer.

  • When is interest paid?

    Interest payments depend on your CD term:


    • More than 12 months: Interest is compounded and credited or paid quarterly.
    • 12 months or less: Interest is not compounded and is paid at maturity.

  • Can I withdraw money from my CD early?

    You may be able to withdraw funds before your CD reaches maturity, but an early withdrawal penalty may apply. Review your account terms before opening your CD so you know what to expect.

  • What happens when my CD matures?

    When your CD reaches its maturity date, you'll have options for what to do next based on your account terms. Review your maturity notice for available options and important deadlines so you can decide how to manage your funds.

  • Is my money FDIC-insured?

    Yes. Eligible deposits are FDIC-insured up to applicable limits, helping protect your savings with the security of federal deposit insurance.

Questions?

Talk to a real person.

2523 S. Wayzata Blvd., Suite 100, Minneapolis, MN 55405