First Western Bank & Trust CD Rates — October 2026
As of October 22, 2026, First Western Bank & Trust's highest tracked CD rate is 4.20% APY on a 24-month promotional CD ($2,500 minimum). That is 2.7 times the FDIC national average for 24-month CDs (1.55%).
Tracking began .
First Western Bank & Trust CD rates
CD specials (6, 13 and 24 months) with a $500 minimum unless otherwise noted. Early withdrawal penalties may apply.
| Term | Product | APY | vs. Treasury | Source | |
|---|---|---|---|---|---|
| 6 months | CD Promotional | $2,500 | 3.79% | −0.61% | Top 27% of tracked 6-month CDs · Verified October 22, 2026 |
| 13 months | CD Promotional | $2,500 | 4.11% | −0.49% | Verified October 22, 2026 |
| 24 months | CD Promotional | $2,500 | 4.20% | −0.67% | Top 15% of tracked 24-month CDs · Verified October 22, 2026 |
APY = annual percentage yield. "vs. Treasury" compares each APY with the Treasury yield for the same term on 2026-10-21 (converted to APY). Treasury interest is exempt from state income tax; see the T-bill vs. CD calculator.
What are First Western Bank & Trust's best CD rates by term?
First Western Bank & Trust's best rate is 4.20% APY on 24 months, verified October 22, 2026.
- 6 mo3.79%
- 13 mo4.11%
- 24 mo4.20%
How much interest could a First Western Bank & Trust CD earn?
Estimated interest at maturity for the displayed institution quotes, before tax or early withdrawal penalties. Each estimate assumes the quoted APY applies to that balance and interest stays deposited. Estimates use known deposit tiers. Upper balance limits and membership, relationship or new-money requirements must be confirmed with the institution; these are conditional estimates, not personalized offers.
$857.64 interest · $10,857.64 at maturity on $10,000.00.
4.20% APY · 24 months · CD · Promotional · verified October 22, 2026.
Before tax; interest remains deposited. Confirm all product conditions. Estimate one-year purchasing power.
| Term | $5,000 | $10,000 | $25,000 | $50,000 |
|---|---|---|---|---|
| 6 months | $94.133.79% APY · CD · Promotional | $188.263.79% APY · CD · Promotional | $470.643.79% APY · CD · Promotional | $941.283.79% APY · CD · Promotional |
| 13 months | $222.764.11% APY · CD · Promotional | $445.524.11% APY · CD · Promotional | $1,113.814.11% APY · CD · Promotional | $2,227.614.11% APY · CD · Promotional |
| 24 months | $428.824.20% APY · CD · Promotional | $857.644.20% APY · CD · Promotional | $2,144.104.20% APY · CD · Promotional | $4,288.204.20% APY · CD · Promotional |
How First Western Bank & Trust compares
Compare the displayed terms, minimums and quote locations. Membership, relationship and new-money conditions may apply. Institution quotes below use the exact 730-day term. Regional peers quote a shared operating state; nationwide best is limited to our tracked sample.
This quote ranks 58 of 392 tracked institutions with fresh 730-day quotes (ties share a rank). Each other institution contributes its highest APY for that exact term; minimums and eligibility can differ.
| Institution / benchmark | Term | Minimum | Who can open | APY | Verified / source date |
|---|---|---|---|---|---|
| First Western Bank & Trust (this institution)CD · Promotional | 24 months | $2,500 | Branches in AZ, MN, ND, SD | 4.20% | October 22, 2026 |
| E*TRADE (Morgan Stanley Private Bank)Bank CD · Promotional | 24 months | Not stated | Available nationwide | 4.80% | October 22, 2026 |
| Popular DirectCD · Standard | 24 months | $10,000 | Available nationwide | 4.80% | October 22, 2026 |
| BarclaysOnline CD · Standard | 24 months | Not stated | Available nationwide | 4.75% | October 22, 2026 |
| Tower Federal Credit Union (highest tracked APY for this term)Regular Share Certificate · Standard | 24 months | $500 | Membership required · branches in MD | 5.20% | October 22, 2026 |
| Treasury (APY-equivalent) | 24 months (term-matched estimate) | Depends on purchase method | Federal; interest exempt from state income tax | 4.87% | 2026-10-21 |
Rate changes
See changes across all tracked institutions
No changes since we started tracking First Western Bank & Trust on October 22, 2026.
About First Western Bank & Trust
- Legal name
- First Western Bank & Trust
- Regulator ID
- FDIC 19123
- Headquarters
- Minot, ND
- Available in
- AZ, MN, ND, SD
- Total assets
- $2.4 billion
- Also known as
- Website
- www.firstwestern.bank
Source: rates read from https://www.firstwestern.bank/personal-banking/cds-iras/. See the page text we read.
Frequently asked questions
What is the highest CD rate at First Western Bank & Trust?
Among the rates we track, 4.20% APY on a 24-month promotional CD, as of October 22, 2026.
What is the minimum deposit for a First Western Bank & Trust CD?
The lowest minimum we found is $2,500.
How does First Western Bank & Trust's best CD rate compare with Treasury yields?
4.20% APY is −0.67% versus the 24-month Treasury yield of 4.87% (APY-equivalent) on 2026-10-21. Treasury interest is also exempt from state income tax.
Is 4.20% a good CD rate?
It is 2.7 times the FDIC national average for a similar term (1.55% as of 2026-10-19), which is a deposit-weighted average across all U.S. banks and credit unions. Online banks and promotional CDs often pay several times the national average.
Are First Western Bank & Trust CDs insured?
First Western Bank & Trust is an FDIC-insured bank (FDIC 19123). Deposits are insured up to $250,000 per depositor, per ownership category.
How often is this page updated?
We check First Western Bank & Trust's rate page every day. The rates above were last verified on October 22, 2026.
More bank CD rates
Rates are copied from First Western Bank & Trust's website and may change at any time. Confirm terms, minimums and eligibility with First Western Bank & Trust before opening an account. This page is not financial advice.