Compare Bank & Credit Union Rates
Best CD rates in Michigan
Compare published certificate yields with their terms, opening minimums, requirements, collection dates and original sources.
Top CD rates
Showing 136–150 results in Michigan
- 3.85%APY$223 over 7 months on $10,000intro rate
Requirements
Product: Dividends compound and are paid on the last day of the month to accountholders who have maintained the Minimum Balance to Earn Dividends. Early withdrawal penalty applies. Automatic rollover at maturity with a 10-day grace period.
Offer: Limited-time special; requires new money. Early withdrawal penalty is 90 days' dividends. Automatically rolls over at maturity to a 6 Month Share Certificate with a 10-day grace period.
Promotional rate · 3.78% interest rate · Effective Apr 29, 2026
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More details - 3.85%APY$287 over 9 months on $10,000intro rate
Requirements
Product: Dividends are compounded and credited monthly. Penalty for early withdrawal.
Promotional rate · 3.78% interest rate
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More details - 3.85%APY$385 over 1 year on $10,000
Requirements
Product: You must deposit a minimum of $500.00 to open a share certificate. Certificates may not be added on to during their term. Withdrawals are limited to the dividends that have been deposited to the certificate. Withdrawals that affect the original amount of the purchase will be subject to a penalty. Automatically renews at the same term and the present rate offered at that time with a 10-day grace period to withdraw funds without penalty.
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More details - 3.85%APY$2,079 over 60 months on $10,000
Requirements
Product: Credit Union Membership is required for all accounts.
3.78% interest rate
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More details - 3.81%APY$157 over 5 months on $10,000
Requirements
Product: Penalty for early withdrawals.
Offer: Penalty for early withdrawals.
Effective Oct 5, 2026
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More details - 3.80%APY$413 over 13 months on $10,000
Requirements
Product: Membership required. Account qualifications apply. Early withdrawal penalty applies. Maximum amount for the Share Certificate Special per member is $100,000. 91-Day, 12-Month Jumbo, and 13-Month Special Certificates are not available as an IRA certificate.
Offer: 13-Month Special. Dividend paid quarterly. Maximum amount per member is $100,000. Not available as an IRA certificate.
3.75% interest rate · Balance cap $100,000
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More details - 3.80%APY$188 over 6 months on $10,000
Requirements
Product: Account fees may reduce earnings on certificates. Traditional CD may be opened for as little as $500 with 6 to 24 month options.
Effective Oct 15, 2026
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More details - 3.80%APY$641 over 20 months on $10,000
Requirements
Offer: Early withdrawal penalty: 6 months interest. Interest paid and compounded quarterly.
3.75% interest rate · Compounded quarterly · Effective Oct 15, 2026
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More details - 3.80%APY$774 over 24 months on $10,000
Requirements
Product: Penalty may be imposed for early withdrawal. Must maintain minimum balance to earn stated APY.
Offer: Penalty may be imposed for early withdrawal. Must maintain minimum balance stated to earn APY.
Effective Oct 5, 2026
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More details - 3.80%APY$2,050 over 60 months on $10,000
Requirements
Product: Membership eligibility and a minimum $5 membership share deposit are required for credit union membership. Minimum balance to open is $500. Early withdrawal penalty will apply (2% of amount withdrawn).
3.73% interest rate · Effective Sep 29, 2026
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More details - 3.76%APY$93 over 3 months on $10,000with conditions
Requirements
Product: 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.
Offer: Requires an Independent Bank checking account.
Qualified rate · 3.70% interest rate · Compounded monthly · Effective Oct 21, 2026
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More details - 3.76%APY$376 over 1 year on $10,000
Requirements
Product: Minimum to open $500. Penalty may be imposed for early withdrawal. Rates subject to change without notice. Minimum balance of $500 required to obtain stated APY. Fees may reduce earnings.
Offer: Minimum to open $500. Minimum balance of $500 required to obtain stated APY. Penalty may be imposed for early withdrawal.
3.70% interest rate · Effective Oct 23, 2026
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More details - 3.75%APY$186 over 6 months on $10,000
Requirements
Product: $5.00 Savings Account required. Penalty for early withdrawal. Jumbo CD ($100,000 plus) rate bumps not available on CD Specials.
Offer: Limited time offer begins 8/4/25. Jumbo CD ($100,000 plus) rate bumps not available on CD Specials. Corresponding 3.69% APR.
3.69% interest rate · Effective Oct 23, 2026
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More details - 3.75%APY$186 over 6 months on $10,000
Requirements
Product: Penalty applies for early withdrawal. Rates effective April 22, 2026. Ask about local CD matching rate program.
Offer: With Direct Deposit (0.20% rate increase)
3.70% interest rate · Effective Apr 22, 2026
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More details - 3.75%APY$186 over 6 months on $10,000
Requirements
Product: Fixed interest rate for the full term. Early withdrawal is subject to penalty. Deposits are federally insured by the NCUA up to $250,000. No setup or monthly maintenance charges.
Effective Oct 5, 2026
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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 Michigan
1,903 CDs at 203 banks and credit unions · checked Oct 16–23
- Typical
- 3.25%
- Top 10% from
- 4.10%
- Banks, typical
- 2.23%
- Credit unions, typical
- 3.35%
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Find your bank or credit union to see all its rates and how they compare near you.
Michigan
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Settlers Federal Credit UnionCredit union · 2 branches
- Meijer Credit UnionCredit union · 3 branches
- Dow Credit UnionCredit union · 2 branches