Compare Bank & Credit Union Rates
Best CD rates in Detroit, MI
Compare published certificate yields with their terms, opening minimums, requirements, collection dates and original sources.
Top CD rates
Showing 31–39 results in Detroit, MI
- ABD Federal Credit UnionShare CertificateCD · 12 months · $1,000 min · 3.29%–4.06% by balance
Credit union · 1 branch
3.29%APY$329 over 1 year on $10,000Requirements
Product: All accounts must maintain the minimum balance stated to receive dividends. A penalty equal to 90 days interest may apply for early withdrawal on Certificate of Deposit Accounts. Dividends are paid quarterly starting from the issue date.
3.25% interest rate · Effective Nov 25, 2024
Rate by balance
Rate by balance for Share Certificate Balance APY $1,000 and upYour amount 3.29% $50,000 and up 4.06% Rate checked
More details - 3.15%APY$315 over 1 year on $10,000
Requirements
Product: A penalty of 7 days interest will be imposed for early withdrawals within the first 6 days of the account term or following any partial withdrawal. Automatically renews into a 3 Month Flexible CD at maturity unless changed during 7-day grace period. Online opening limit is $250,000.
3.11% interest rate · Effective Oct 5, 2026
Rate by balance
Rate by balance for Flexible CD Balance APY Up to $9,999 3.15% $10,000 – $99,999Your amount 3.15% $100,000 – $999,999 3.65% $1,000,000 and up 3.65% Rate checked
More details - Diversified Members Credit UnionSave to Win CertificateCD · 12 months · $25 min
Credit union · 2 branches
3.00%APY$300 over 1 year on $10,000Requirements
Product: Every $25 deposit earns 1 entry to win cash prizes (up to 100 entries per month, 300 entries per quarter). Lets you add money anytime. Initial deposit is $25. Early withdrawal penalties apply.
Offer: Initial deposit $25. Early withdrawal penalties apply. Add money anytime.
2.97% interest rate
Rate checked
More details - INTERNATIONAL UAWCertificatesCD · 48 months · $5,000 min · 2.80%–3.00% by balance
Credit union · 1 branch
2.80%APY$1,168 over 48 months on $10,000Requirements
Offer: Dividends paid annually.
2.80% interest rate · Effective Oct 1, 2023
Rate by balance
Rate by balance for Certificates Balance APY $5,000 – $25,000Your amount 2.80% $25,000 – $50,000 2.90% $50,000 and up 3.00% Rate checked
More details - 2.29%APY$171 over 9 months on $10,000intro rate
Requirements
Product: Start at 0.27% APY. Each month you make a qualifying deposit of any amount, rate increases by 0.25% bump (one bump per month) up to 2.29% APY. Opening partial month does not count toward rate bump. Early withdrawal penalty applies.
Offer: Maximum rate achieved by making a deposit of any amount each qualifying month (0.25% bump per qualifying monthly deposit).
Promotional rate · Effective Aug 27, 2026
Rate checked
More details - Zeal Credit UnionCertificates of Deposit (CDs)CD · 60 months · $500 min · 2.20%–2.40% by balance
Credit union · 1 branch
2.20%APY$1,149 over 60 months on $10,000Requirements
Product: Early withdrawal penalty applies. Deposits and withdrawals are not allowed during the term of the certificate but can be made upon maturity. Minimum balance is $1,000 for all terms except 30-month ($100 minimum) and 60-month ($500 minimum).
Offer: Dividends paid quarterly. $500 minimum balance.
Effective Oct 1, 2026
Rate by balance
Rate by balance for Certificates of Deposit (CDs) Balance APY $500 – $24,999Your amount 2.20% $25,000 – $99,999 2.30% $100,000 and up 2.40% Rate checked
More details - 1.16%APY$116 over 1 year on $10,000
Requirements
Product: Minimum to open: $100. APY depends on Member Reward Club status; stated APY assumes President's Club status. Early withdrawal penalty applies. Dividends calculated daily, compounded and paid quarterly.
Offer: Assumes President's Club status. 1-Year term.
1.15% interest rate · Effective Oct 15, 2026
Rate checked
More details - 0.05%APY$2 over 6 months on $10,000with conditions
Requirements
Product: CD ladders are a group of four CDs opened at the same time for the same amount with different terms, with a minimum of $1,000 in each CD. A linked Chase Private Client Checking account is required.
Offer: 12-month CD ladder relationship rate. Requires linked Chase Private Client Checking account.
Qualified rate · 0.02% interest rate · Effective Oct 16, 2026
Rate by balance
Rate by balance for CD Ladder Balance APY Up to $9,999 0.02% $10,000 – $99,999Your amount 0.05% $100,000 and up 0.05% Rate checked
More details - 0.03%APY
Requirements
Product: Fixed rate account. Applicable rate paid until CD matures. Online opening limit is $250,000. Early withdrawal penalty applies.
Offer: Term: 6-11 Months. Balance tier: Less than $10,000.
0.03% interest rate · Effective Oct 5, 2026
Rate checked
More details
Carrot Score rates each institution on all its CD, savings, auto loan and credit card rates, not just the account shown. How we rank
What CDs pay in Detroit, MI
272 CDs at 21 banks and credit unions · checked Sep 18–Oct 22
- Typical
- 2.50%
- Top 10% from
- 3.80%
- Banks, typical
- 0.05%
- Credit unions, typical
- 3.25%
Is your bank paying you enough?
Find your bank or credit union to see all its rates and how they compare near you.
Detroit, MI metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Chief Financial Credit UnionCredit union · 4 branches
- Extra Credit UnionCredit union · 2 branches
- Christian Financial Credit UnionCredit union · 12 branches