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Best CD rates in Michigan

69 CDs available to Michigan residents — including nationwide online banks and institutions with branches in Michigan.

APY distribution · all terms in Michigan

How current all terms CD rates available to Michigan residents are spread across the market.

Honest Number rate database · latest snapshot per institution

Trend · all terms in Michigan

Weekly average APY for all terms CDs available in Michigan over the past year. Latest national average: 2.31%.

Honest Number rate database · weekly mean from observation_date
3.89%
1-year
First National Bank of America
Min $0
3.80%
6-month
First National Bank of America
Min $0
3.75%
1-year
Nicolet National Bank
Min $0
3.75%
2-year
First National Bank of America
Min $0
3.75%
3-year
First National Bank of America
Min $0
3.75%
5-year
First National Bank of America
Min $0
3.70%
5-year
Nicolet National Bank
Min $0
3.55%
3-month
First National Bank of America
Min $0
3.55%
1-year
Union Bank
Min $500
3.55%
2-year
Nicolet National Bank
Min $0
3.55%
3-year
Nicolet National Bank
Min $0
3.50%
3-year
The Farmers & Merchants State Bank
Min $1,000
3.50%
3-year
Gogebic Range Bank
Min $500
3.50%
5-year
Dearborn Federal Savings Bank
Min $500
3.50%
9-month
The Farmers & Merchants State Bank
Min $1,000
3.45%
6-month
Nicolet National Bank
Min $0
3.45%
9-month
Nicolet National Bank
Min $0
3.35%
6-month
First National Bank of Michigan
Min $0
3.30%
3-month
Independent Bank
Min $1,000
3.30%
3-year
Dearborn Federal Savings Bank
Min $500
3.25%
3-month
Chelsea State Bank
Min $500
3.20%
2-year
Dearborn Federal Savings Bank
Min $500
3.15%
1-year
Dearborn Federal Savings Bank
Min $500
3.15%
9-month
Chelsea State Bank
Min $500
3.02%
3-month
Nicolet National Bank
Min $0
3.00%
2-year
Gogebic Range Bank
Min $500
3.00%
5-year
Range Bank
Min $1,000
2.97%
1-year
Isabella Bank
Min $0
2.97%
2-year
Isabella Bank
Min $0
2.90%
1-year
Chelsea State Bank
Min $500
2.75%
1-year
Gogebic Range Bank
Min $500
2.75%
5-year
Gogebic Range Bank
Min $500
2.50%
1-year
Range Bank
Min $1,000
2.50%
2-year
Range Bank
Min $1,000
2.50%
3-year
Range Bank
Min $1,000
2.38%
3-year
Lake-Osceola State Bank
Min $500
2.38%
5-year
Lake-Osceola State Bank
Min $500
2.27%
6-month
Lake-Osceola State Bank
Min $500
2.27%
1-year
Lake-Osceola State Bank
Min $50
2.27%
2-year
Lake-Osceola State Bank
Min $500
2.25%
6-month
Gogebic Range Bank
Min $500
2.25%
2-year
Independent Bank
Min $500
2.25%
5-year
Northern Interstate Bank, N. A.
Min $1,000
2.10%
1-year
Independent Bank
Min $500
2.10%
5-year
G. W. Jones Exchange Bank
Min $500
2.10%
5-year
Chelsea State Bank
Min $500
2.08%
3-year
Isabella Bank
Min $0
2.08%
5-year
Isabella Bank
Min $0
2.05%
3-year
Northern Interstate Bank, N. A.
Min $1,000
2.00%
2-year
Northern Interstate Bank, N. A.
Min $1,000
2.00%
3-year
Chelsea State Bank
Min $500
2.00%
9-month
Union Bank
Min $500
1.95%
6-month
Independent Bank
Min $500
1.95%
3-year
G. W. Jones Exchange Bank
Min $500
1.75%
1-year
Northern Interstate Bank, N. A.
Min $1,000
1.60%
2-year
G. W. Jones Exchange Bank
Min $500
1.50%
1-year
G. W. Jones Exchange Bank
Min $500
1.30%
6-month
Northern Interstate Bank, N. A.
Min $1,000
1.25%
5-year
Union Bank
Min $500
1.10%
3-month
Northern Interstate Bank, N. A.
Min $1,000
1.00%
2-year
Union Bank
Min $500
1.00%
3-year
Union Bank
Min $500
0.20%
5-year
Oxford Bank
Min $500
0.15%
1-year
Oxford Bank
Min $500
0.15%
2-year
Oxford Bank
Min $500
0.15%
3-year
Oxford Bank
Min $500
0.15%
9-month
Oxford Bank
Min $500
0.10%
6-month
Oxford Bank
Min $500
0.05%
3-month
Oxford Bank
Min $500