Today's Current Michigan CD Rates
The best Michigan CD rates currently offered. Compare the best Michigan CD rates from the highest CD rates currently being offered.
Today's Current Michigan 6 Month CD Rates. The best Michigan 6 month CD rates. Compare the best Michigan 6 month CD rates.
Bank APY Term Min $ Open
Grand River Bank
www.grandriverbank.com
888-929-4723
0.50% 6 Month $1,000.00
Independent Bank
www.independentbank.com
800-355-0641
0.32% 7 Month $1,000.00
Sterling Bank & Trust
www.sterlingecd.com
866-619-2265
0.30% 6 Month $500.00
Northpointe Bank
www.npbank.com
888-672-5626
0.30% 6 Month $5,000.00
Eaton Federal Savings Bank
www.eatonfed.com
517-543-3880
0.30% 6 Month $500.00
Ann Arbor State Bank
www.a2sb.com
877-732-2272
0.30% 6 Month $500.00
Today's Current Michigan 1 Year CD Rates. The best Michigan 1 Year CD rates. Compare the best Michigan 1 Year CD rates.
Bank APY Term Min $ Open
Grand River Bank
www.grandriverbank.com
888-929-4723
0.85% 1 Year $1,000.00
Northpointe Bank
www.npbank.com
888-672-5626
0.60% 1 Year $5,000.00
Bank of Birmingham
www.bankofbirmingham.net
248-723-7200
0.55% 1 Year $500.00
First National Bank of America
www.fnba.com
800-968-3626
0.50% 1 Year $1,000.00
Eaton Federal Savings Bank
www.eatonfed.com
517-543-3880
0.50% 1 Year $500.00
Summit Community Bank
www.mysummitbank.com
517-664-1912
0.45% 1 Year $500.00
Today's Current Michigan 2 Year CD Rates. The best Michigan 2 Year CD rates. Compare the best Michigan 2 Year CD rates.
Bank APY Term Min $ Open
Northpointe Bank
www.npbank.com
888-672-5626
1.10% 2 Year $5,000.00
Grand River Bank
www.grandriverbank.com
888-929-4723
1.00% 2 Year $1,000.00
Bank of Birmingham
www.bankofbirmingham.net
248-723-7200
0.80% 2 Year $500.00
Mercantile Bank of Michigan
www.mercbank.com
888-345-6296
0.70% 2 Year $5,000.00
First National Bank of America
www.fnba.com
800-968-3626
0.70% 2 Year $1,000.00
Eaton Federal Savings Bank
www.eatonfed.com
517-543-3880
0.70% 2 Year $500.00
Today's Current Michigan 5 Year CD Rates. The best Michigan 5 Year CD rates. Compare the best Michigan 5 Year CD rates.
Bank APY Term Min $ Open
Bank of Birmingham
www.bankofbirmingham.net
248-723-7200
1.90% 5 Year $500.00
The State Bank
www.thestatebank.com
810-629-2263
1.75% 5 Year $500.00
Liberty Bank and Trust
www.libertybank.net
313-873-3310
1.75% 5 Year $5,000.00
First National Bank of America
www.fnba.com
800-968-3626
1.55% 5 Year $1,000.00
Eaton Federal Savings Bank
www.eatonfed.com
517-543-3880
1.51% 5 Year $500.00
Summit Community Bank
www.mysummitbank.com
517-664-1912
1.50% 5 Year $500.00
CD interest rates were down by just a wee bit for the week ending October 12, 2012.  Based on the most recent survey of bank CD rates conducted by selectcdrates.com, the average rate found on the top ten CD rates measured by the CD rate index was off by just 1/1000th of a percent for
The Federal Reserve plays an important role in the U.S. payments system.  The twelve Federal Reserve Banks provide banking services to depository institutions and to the federal government.  For depository institutions, they maintain accounts and provide various payment services, including collecting checks, electronically transferring funds, and distributing and receiving currency and coin.  For the federal
Federal Reserve Currency and Coin Services An important function of the Federal Reserve is ensuring that enough cash—that is, currency and coin—is in circulation to meet the public’s demand.  When Congress established the Federal Reserve, it recognized that the public’s demand for cash is variable.  This demand increases or decreases seasonally and as the level of