Michigan CD Rates

Going up to Michigan this time, we here at Best CD Rates Today will be focusing on the best CD rates in Michigan to be had today. As usual, we’ll be sorting them by annual percentage yield (APY) and minimum deposit requirement.

1 Year MI CD Rates
Starting out with this popular term, we have Discover bank at 2.10% APY with a $2,500 minimum deposit requirement. Dearborn Federal is next at 1.50% APY and a $500 minimum and Citizens comes in next at 1.17% APY with a $500 minimum deposit.

3 Year Michigan CD Rates
Once again, Discover Bank with a 2.75% APY and a $2,500 minimum deposit requirement is on top. Behind them is Dearborn Federal again at 1.90% APY and a $500 minimum deposit required. Bank of America has a 1.75% APY and a $1,000 minimum deposit requirement.

5 Year CD Rates in Michigan
Citizens First Savings Bank is on top in this longer term at 3.56% APY and a $500 minimum deposit. Discover Bank is at 3.25% APY with their $2,500 minimum deposit requirement. Trialing is Flagstar at 2.54% APY and a $500 minimum deposit.

6 Month MI CD Rates
Finally, for this short term, Discover is again dominant with a 1.25% APY offer for a $2,500 minimum deposit. Both Flagstar and Dearborn Federal offer a 0.85% APY with a $500 minimum required. Citizens First Savings then has a 0.81% APY with a $1,000 minimum deposit required.

All banks listed are FDIC insured, of course. Be sure to lock your rate in if any of these offers appeal to you, since Michigan CD rates can change quickly.

Related posts:

  1. Vermont CD Rates
  2. Best CD Rates in Michigan
  3. Flagstar 1 Year CD Rates
  4. Ohio CD Rates
  5. Citizens Bank CD Rates
Posted : July 18th, 2009 by author

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