Bank · FDIC insured
State Savings Bank CD Rates
State Savings Bank’s best CD rate is 0.55% APY on a 5-year CD. Terms run from 3 months to 5 years. Rates checked October 16, 2026.
How State Savings Bank’s CD rates compare
Compared with banks and credit unions near Traverse City, MI, where State Savings Bank has the most branches. $10,000, best rate first.
This bank’s best
State Savings Bank
0.55%APY
- Term
- 60 months
- Minimum
- $500
- Earns on $10,000
- $278
Certificates of Deposit
Top rate
Nicolet National Bank
4.75%APY
- Term
- 60 months
- Minimum
- $2,500
- Earns on $10,000
- $2,612
2nd-highest rate
MSU Federal Credit Union
4.35%APY
- Term
- 84 months
- Minimum
- $2,500
- Earns on $10,000
- $3,472
State Savings Bank CD score
60
CD score
Higher than 2% of U.S. banks and credit unions
- 3–8 months3–8 mo0.25%
- 9–15 months9–15 mo0.30%
- 16–30 months16–30 mo0.40%
- 31–60 months31–60 mo0.55%
- QualifiedQualified0.55%
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 State Savings 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.
Certificates of Deposit
Up to 0.55%APY · 8 terms
Rates apply for all balances. Minimum amount to open: $500. Term options: 91 days to 60 months. Interest compounded and paid monthly, quarterly, semiannually or annually.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3 monthsTerm is 91 days. Rate and APY apply for all balances | 0.20% | $5 |
| 6 monthsTerm is 6 months. Rate and APY apply for all balances | 0.25% | $12 |
| 12 monthsTerm is 12 months. Rate and APY apply for all balances | 0.30% | $30 |
| 18 monthsTerm is 18 months. Rate and APY apply for all balances | 0.35% | $53 |
| 24 monthsTerm is 24 months. Rate and APY apply for all balances | 0.40% | $80 |
| 36 monthsTerm is 36 months. Rate and APY apply for all balances | 0.45% | $136 |
| 48 monthsTerm is 48 months. Rate and APY apply for all balances | 0.50% | $202 |
| 60 monthsTerm is 60 months. Rate and APY apply for all balances | 0.55% | $278 |
Sources (3)
All captured Sep 18, 2026
Special-purpose accounts
IRA CDs
Up to 0.55%APY · 8 terms
Types: Traditional or Roth. Tax-deferred Interest. Rates apply for all balances. Minimum balance to open: $500. CD term options: 91 days to 60 months. Interest compounded and paid monthly, quarterly, semiannually or annually.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3 monthsTerm is 91 days. Rate and APY apply for all balances. Available for Traditional or Roth IRAs | 0.20% | $5 |
| 6 monthsTerm is 6 months. Rate and APY apply for all balances. Available for Traditional or Roth IRAs | 0.25% | $12 |
| 12 monthsTerm is 12 months. Rate and APY apply for all balances. Available for Traditional or Roth IRAs | 0.30% | $30 |
| 18 monthsTerm is 18 months. Rate and APY apply for all balances. Available for Traditional or Roth IRAs | 0.35% | $53 |
| 24 monthsTerm is 24 months. Rate and APY apply for all balances. Available for Traditional or Roth IRAs | 0.40% | $80 |
| 36 monthsTerm is 36 months. Rate and APY apply for all balances. Available for Traditional or Roth IRAs | 0.45% | $136 |
| 48 monthsTerm is 48 months. Rate and APY apply for all balances. Available for Traditional or Roth IRAs | 0.50% | $202 |
| 60 monthsTerm is 60 months. Rate and APY apply for all balances. Available for Traditional or Roth IRAs | 0.55% | $278 |
Sources (2)
All captured Sep 18, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.