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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.

Term
Location

Top CD rates

Showing 1–15 results in Michigan

  1. Diversified Members Credit UnionLegacy Certificate of DepositCD · 12 months · $5,000 min

    Credit union · 4 branches

    5.15%APY$515 over 1 year on $10,000
  2. Top Carrot, Carrot Score 94
    Christian Financial Credit UnionCertificates of DepositCD · 12 months · $500 min

    Credit union · 12 branches

    4.50%APY$450 over 1 year on $10,000
  3. FreeStar Financial Credit UnionCertificates of DepositCD · 12 months · $500 min

    Credit union · 8 branches

    4.50%APY$450 over 1 year on $10,000with conditions
  4. FreeStar Financial Credit UnionSave to WinCD · 12 months · $25 min

    Credit union · 8 branches

    4.50%APY$450 over 1 year on $10,000with conditions
  5. Top Carrot, Carrot Score 93
    CIBC Bank USACIBC Agility Certificate of Deposit (CD)CD · 12 months · $1,000 min

    Bank · 1 branch

    4.35%APY$435 over 1 year on $10,000
  6. Top Carrot, Carrot Score 89
    Flagstar BankCertificates of Deposit (CD)CD · 12 months · $500 min

    Bank · 101 branches

    4.30%APY$430 over 1 year on $10,000intro rate
  7. Top Carrot, Carrot Score 98
    Dow Credit UnionSimple CDsCD · 12 months · $500 min

    Credit union · 2 branches

    4.30%APY$430 over 1 year on $10,000
  8. Top Carrot, Carrot Score 98
    Chief Financial Credit UnionSpecial Share CertificatesCD · 12 months · $500 min

    Credit union · 4 branches

    4.29%APY$429 over 1 year on $10,000intro rate
  9. Top Carrot, Carrot Score 87
    Community West Credit UnionCertificate of DepositCD · 12–17 months · $500 min

    Credit union · 5 branches

    4.25%APY
  10. Top Carrot, Carrot Score 87
    Route 31Certificate of DepositCD · 12 months · $500 min

    Credit union · 2 branches

    4.25%APY$425 over 1 year on $10,000with conditions
  11. Top Carrot, Carrot Score 87
    Route 31Save to Win CertificateCD · 12 months · $25 min

    Credit union · 2 branches

    4.25%APY$425 over 1 year on $10,000
  12. Top Carrot, Carrot Score 94
    Lake Huron Credit UnionCertificates of DepositCD · 12 months

    Credit union · 3 branches

    4.19%APY$419 over 1 year on $10,000
  13. Embers Credit UnionCertificate of DepositCD · 12 months · $1,000 min

    Credit union · 7 branches

    4.15%APY$415 over 1 year on $10,000
  14. Notre Dame Federal Credit UnionStandard CertificateCD · 12–23 months · $0 min

    Credit union · 1 branch

    4.15%APY
  15. Top Carrot, Carrot Score 89
    Gratiot Community Credit UnionTimed CertificatesCD · 12 months · $1,000 min

    Credit union · 3 branches

    4.13%APY$413 over 1 year on $10,000

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 1-year CDs pay in Michigan

265 CDs at 197 banks and credit unions · checked Oct 16–22

Typical
3.30%
Top 10% from
4.06%
Banks, typical
2.27%
Credit unions, typical
3.43%

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Michigan

Top Carrot institutions

Ranked across their CDs, savings, auto loans and credit cards. How scores work

  1. Settlers Federal Credit UnionCredit union · 2 branches
  2. Chief Financial Credit UnionCredit union · 4 branches
  3. Meijer Credit UnionCredit union · 3 branches
See all ranked institutions