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 286–300 results in Michigan
- Peninsula Federal Credit UnionSave to Win CertificateCD · 12 months · $25 min
Credit union · 4 branches
2.00%APY$200 over 1 year on $10,000Requirements
Product: Provides chances to win monthly drawings and cash prizes.
Effective Sep 3, 2026
Rate checked
More details - 1.95%APY$195 over 1 year on $10,000
1.95% interest rate · Effective Oct 5, 2026
Rate checked
More details - 1.90%APY$384 over 24 months on $10,000
Requirements
Product: Add-on CD with unlimited deposits throughout the term. $50 minimum deposit to open. Interest/dividends compounded and paid monthly. No Advantage Plus Rewards incentive may be applied. Early withdrawal will reduce earnings.
Offer: Dividends compounded and paid monthly. No Advantage Plus Rewards incentive may be applied.
1.88% interest rate
Rate checked
More details - Chiropractic Federal Credit UnionShare CertificatesCD · 12 months · $1,000 min · 1.76%–1.91% by balance
Credit union · 1 branch
1.86%APY$186 over 1 year on $10,000Requirements
Product: Certificate rates are reviewed and may change daily.
Offer: Certificate rates are reviewed and may change daily.
1.75% interest rate
Rate by balance
Rate by balance for Share Certificates Balance APY $1,000 – $4,999 1.76% $5,000 – $9,999 1.81% $10,000 – $49,999Your amount 1.86% $50,000 and up 1.91% Rate checked
More details - Marshall Community Credit UnionCertificate of DepositCD · 6 months · $1,000 min
Credit union · 3 branches
1.80%APY$90 over 6 months on $10,000Requirements
Product: No setup or maintenance fees. Early withdrawal penalty applies (terms under 6 months: 90 days' dividends; 12-24 months: 180 days' dividends; 30-60 months: 365 days' dividends). 6-month term does not compound and pays at maturity; 12-month and over pays monthly. Additional 0.15% APY for deposits of $50,000 or higher with terms of 24 months or longer. Minimum $5.00 regular share balance required for membership.
Offer: Premier Member Rewards tier. No compounding. Interest paid at maturity. Not available for IRA.
1.45% interest rate
Rate checked
More details - 1.70%APY$170 over 1 year on $10,000with conditions
Requirements
Product: Early withdrawal penalty may apply. Rates may change after account is opened. Pairing with Ultra Checking account unlocks a 0.10% APY bonus rate.
Offer: Bonus rate of 0.10% APY when the Tax Reported Owner is the Tax Reported Owner of an Ultra Checking account with an average monthly balance of at least $1.00.
Qualified rate · Balance cap $250,000 · Effective Oct 1, 2026
Rate checked
More details - 1.61%APY$491 over 36 months on $10,000
Requirements
Product: A penalty may be imposed for early withdrawal.
Offer: When interest is added back each month; stated APR is 1.60%
Effective Jan 14, 2026
Rate checked
More details - Christian Financial Credit UnionSave To Win CertificateCD · 12 months · $25 min
Credit union · 12 branches
1.50%APY$150 over 1 year on $10,000Requirements
Product: Additional deposits can be made throughout the term of the certificate. Maximum number of Save To Win Certificates is limited to ONE per Social Security number. Early withdrawal penalty is $25. Dividends are compounded and credited monthly. Gives chances to win cash prizes monthly and quarterly.
Offer: Only $25 to open and additional deposits can be made as often as you like. Dividends compounded and credited monthly.
1.49% interest rate · Effective Oct 16, 2026
Rate checked
More details - 1.50%APY$457 over 36 months on $10,000
Requirements
Product: ALL CREDIT UNION MEMBERS ARE REQUIRED TO OPEN A SAVINGS ACCOUNT FIRST, THEN WE CAN ADD ADDITIONAL ACCOUNTS, INCLUDING CERTIFICATES OF DEPOSIT Please check with either branch office to inquire about our rates and terms.
Effective Oct 5, 2026
Rate checked
More details - Country Heritage Credit UnionCertificate of DepositsCD · 60 months · $1,000 min
Credit union · 1 branch
1.31%APY$672 over 60 months on $10,000Requirements
Product: Jumbo rates ($100,000.00 & over) are negotiable. Minimum certificate of deposit for minors is $500.00. Penalty for early withdrawal.
Offer: Term: 60 Months. Minimum deposit is $1,000.00 ($500.00 for minors).
1.30% interest rate
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 - Cornerstone Community Financial Credit UnionStep-Up CertificateCD · 24 months · $1,000 min
Credit union · 7 branches
1.10%APY$221 over 24 months on $10,000intro rateRequirements
Product: 24-month certificate with rate bumps every 6 months. Dividends paid at maturity. Penalty may apply for early withdrawal.
Offer: Fourth 6 months rate
Promotional rate · 1.10% interest rate · Effective Jan 1, 2026
Rate checked
More details - United Bay Community Credit UnionTerm Savings CertificateCD · 60 months · $500 min
Credit union · 6 branches
1.01%APY$515 over 60 months on $10,000Requirements
Product: All deposit accounts insured up to $500,000. Interest is compounded daily and paid monthly. Penalty will be imposed for early withdrawal. Rate is fixed for term of certificate but may adjust at maturity. Minimum deposit of $500.00 is required.
1.00% interest rate · Compounded daily
Rate checked
More details - Consumers Credit UnionCertificate of Deposit (CD)CD · 60 months · $1,000 min · 1.01%–1.10% by balance
Credit union · 31 branches
1.01%APY$515 over 60 months on $10,000Requirements
Product: $1,000 minimum deposit required. Withdrawals prior to maturity are subject to an early withdrawal penalty fee. Backed by NCUA Insurance.
Offer: $1,000 minimum deposit required. Withdrawals prior to maturity are subject to an early withdrawal penalty fee.
1.01% interest rate · Effective Oct 5, 2026
Rate by balance
Rate by balance for Certificate of Deposit (CD) Balance APY $1,000 – $24,999Your amount 1.01% $25,000 and up 1.10% Rate checked
More details - 1.00%APY$50 over 6 months on $10,000
Requirements
Product: Allows additional deposits manually or automatically through payroll deduction or direct deposit prior to maturity. Requires maintaining a $5.00 par value share in the credit union.
1.00% interest rate · Effective Dec 10, 2025
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 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%
Is your bank paying you enough?
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