Bank · FDIC insured
Independent Bank CD Rates
Independent Bank’s best CD rate is 3.09% APY on a 2-year CD. Terms run from 3 months to 2 years. Rates checked October 16, 2026.
How Independent Bank’s CD rates compare
Compared with banks and credit unions near Grand Rapids, MI, where Independent Bank has the most branches. $10,000, best rate first.
This bank’s best
Independent Bank
4.13%APY
- Term
- 13 months
- Requires
- Another account
- Minimum
- $1,000
- Earns on $10,000
- $448
13-Month CD Special
Top rate
Ignite Credit Union
4.70%APY
- Term
- 15 months
- Requires
- None
- Minimum
- $50
- Earns on $10,000
- $591
2nd-highest rate
KCCU
4.45%APY
- Term
- 5 months
- Requires
- None
- Minimum
- $500
- Earns on $10,000
- $183
Independent Bank CD score
67
CD score
Higher than 18% of U.S. banks and credit unions
- 3–8 months3–8 mo2.43%
- 9–15 months9–15 mo2.68%
- 16–30 months16–30 mo3.09%
- QualifiedQualified4.13%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Independent Bank ranks
By CD score, in each area where it has branches
Every rate
Current CD rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
13-Month CD Special
4.13%APY · 1 term
CD Special requires an Independent Bank checking account. Interest is compounded monthly and paid to the account monthly. Minimum balance to earn interest is $0.01. Early withdrawal penalty applies (six months interest for terms of more than one year). Automatically renews at maturity with a 10 calendar day grace period. Rates apply to personal CDs.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 13 monthsRequires an Independent Bank checking account | 4.13% | $448 |
Sources (2)
All captured Oct 16, 2026
7-Month CD Special
3.87%APY · 1 term
CD Special requires an Independent Bank checking account. Interest is compounded monthly and paid to the account monthly. Minimum balance to earn interest is $0.01. Early withdrawal penalty applies (three months interest for terms of one year or less). Automatically renews at maturity with a 10 calendar day grace period. Rates apply to personal CDs.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 7 monthsRequires an Independent Bank checking account | 3.87% | $224 |
Sources (2)
All captured Oct 16, 2026
3-Month CD Special
3.76%APY · 1 term
CD Special requires an Independent Bank checking account. Interest is compounded monthly and paid to the account monthly. Minimum balance to earn interest is $0.01. Early withdrawal penalty applies (three months interest for terms of one year or less). Automatically renews at maturity with a 10 calendar day grace period. Rates apply to personal CDs.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3 monthsRequires an Independent Bank checking account | 3.76% | $93 |
Sources (2)
All captured Oct 16, 2026
24-Month CD
3.09%APY · 1 term
Interest is compounded monthly and paid to the account monthly. Minimum balance to earn interest is $0.01. Early withdrawal penalty applies (six months interest for terms of more than one year). Automatically renews at maturity with a 10 calendar day grace period. Rates apply to personal CDs.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 24 months | 3.09% | $628 |
Sources (1)
- independentbank.com/current-rates · captured Oct 16, 2026
12-Month CD
2.68%APY · 1 term
Interest is compounded monthly and paid to the account monthly. Minimum balance to earn interest is $0.01. Early withdrawal penalty applies (three months interest for terms of one year or less). Automatically renews at maturity with a 10 calendar day grace period. Rates apply to personal CDs.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 12 months | 2.68% | $268 |
Sources (2)
All captured Oct 16, 2026
6-Month CD
2.43%APY · 1 term
Interest is compounded monthly and paid to the account monthly. Minimum balance to earn interest is $0.01. Early withdrawal penalty applies (three months interest for terms of one year or less). Automatically renews at maturity with a 10 calendar day grace period. Rates apply to personal CDs.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 6 months | 2.43% | $121 |
Sources (1)
- independentbank.com/current-rates · captured Oct 16, 2026
Opening an account
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