CD Special Rate Disclosure

*Annual Percentage Yield (APY) is based on the annual compounding of interest. Effective as of 12.1.23 and is subject to change without notice. Required opening minimum deposit of $5,000. Qualifying deposits are maturing certificates (CD) or external funds (money not in any type of Alerus account). Internal deposits from a checking, savings, or money market may be used if matched with equal external funds. IRA dollars, Alerus Flex CD dollars or CDs from non-maturing deposits do not qualify. Fees could reduce earnings on the account. Penalty for early withdrawal.