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
Liberty Bank and Trust
www.libertybank.net
313-873-3310
0.63% 6 Month $5,000.00
Wolverine Bank
www.wolverinebank.com
989-631-4280
0.60% 6 Month $1,000.00
Grand River Bank
www.grandriverbank.com
888-929-4723
0.50% 6 Month $1,000.00
Sterling Bank & Trust
www.sterlingbank.com
866-619-2265
0.40% 6 Month $500.00
Independent Bank
www.independentbank.com
800-355-0641
0.40% 6 Month $1,000.00
Isabella Bank
www.isabellabank.com
800-651-9111
0.35% 6 Month $10,000.00
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
TCF Bank
www.tcfbank.com
800-823-2265
1.25% 13 Month $500.00
Northpointe Bank
www.npbank.com
888-672-5626
1.00% 9 Month $5,000.00
Grand River Bank
www.grandriverbank.com
888-929-4723
0.85% 1 Year $1,000.00
Wolverine Bank
www.wolverinebank.com
989-631-4280
0.80% 1 Year $1,000.00
First National Bank of America
www.fnba.com
800-968-3626
0.80% 1 Year $1,000.00
Liberty Bank and Trust
www.libertybank.net
313-873-3310
0.76% 1 Year $5,000.00
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
TCF Bank
www.tcfbank.com
800-823-2265
1.40% 21 Month $500.00
First National Bank of America
www.fnba.com
800-968-3626
1.35% 2 Year $1,000.00
Northpointe Bank
www.npbank.com
888-672-5626
1.30% 23 Month $5,000.00
Liberty Bank and Trust
www.libertybank.net
313-873-3310
1.17% 2 Year $5,000.00
Wolverine Bank
www.wolverinebank.com
989-631-4280
1.10% 2 Year $1,000.00
Grand River Bank
www.grandriverbank.com
888-929-4723
1.00% 2 Year $1,000.00
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
First National Bank of America
www.fnba.com
800-968-3626
2.10% 5 Year $1,000.00
First Federal Bank
www.first-fedbanking.com
877-367-8178
2.02% 5 Year $500.00
1st Source Bank
www.1stsource.com
269-556-9092
2.00% 5 YEAR $500.00
Eaton Federal Savings Bank
www.eatonfed.com
517-543-3880
1.91% 5 Year $500.00
Sterling Bank & Trust
www.sterlingbank.com
866-619-2265
1.85% 5 Year $500.00
New Buffalo Savings Bank
www.newbuffalosavings.com
269-469-2222
1.82% 5 Year $1,000.00
The best certificate of deposit rates had mixed results for the week ending October 16, 2009.  Shorter term CD rates rose along with long term CD rates while the midterm rates pushed lower. The best six month CD rates gained ground with the average yield moving higher by the close of the week.  The average of
Prime rate is a term applied to a reference an interest rate that is utilized by banks and financial institutions for lending purposes. The prime rate was a term originally used to identify the rate at which banks lend to their best and most favored customers, though this is no longer the case in general.
The best CD rates for the first week of July were up modestly on the back of a better than expected monthly jobs report.  Relative to the strength in the jobs report, the overall increase in CD rates was quite tame, rising by just 3/1000ths of a percent from the last week in June.  In the