Compare Bank & Credit Union Rates
Best CD rates and certificates
Compare published certificate yields with their terms, opening minimums, requirements, collection dates and original sources.
Top CD rates
Showing 31–45 results in Detroit, MI metro
- 4.13%APY$448 over 13 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 (six months interest for terms of more than one year). 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 · 4.05% interest rate · Compounded monthly · Effective Oct 14, 2026
Rate checked
More details - 4.10%APY$101 over 3 months on $10,000with conditions
Requirements
Product: High-Yield Rewards Checking Account required.
Offer: High-Yield Rewards Checking Account required.
Qualified rate · 4.02% interest rate · Effective Oct 13, 2026
Rate checked
More details - 4.10%APY$169 over 5 months on $10,000intro rate
Requirements
Product: Rate based on ZIP code 43215. Minimum opening deposit is $1,000. For accounts less than $100,000. Early withdrawal penalty applies. Not valid with other offers, no rate exceptions. Not available for brokers, agents, public entities, or financial institutions.
Offer: Promotional rate. Account balance less than $100,000. Early withdrawal penalty applies.
Promotional rate · 4.02% interest rate · Effective Oct 16, 2026
Rate checked
More details - 4.10%APY$586 over 17 months on $10,000intro rate
Requirements
Product: Limited-time promotional special rate. Membership required. $500 minimum deposit for Standard Certificates of Deposit. Automatically renews at the current non-promotional rate upon maturity.
Offer: Limited time offer. Accurate as of 9/1/2026.
Promotional rate · 4.03% interest rate · Effective Sep 1, 2026
Rate checked
More details - Navy Federal Credit UnionStandard CertificateCD · 18 months · $1,000 min · 4.10%–4.15% by balance
Credit union · 1 branch
4.10%APY$621 over 18 months on $10,000Effective Oct 22, 2026
Rate by balance
Rate by balance for Standard Certificate Balance APY $1,000 and upYour amount 4.10% $20,000 and up 4.10% $100,000 and up 4.15% Rate checked
More details - Walled Lake Schools Federal Credit UnionShare CertificatesCD · 18 months · $1,000 min
Credit union · 1 branch
4.10%APY$621 over 18 months on $10,0004.10% interest rate · Effective Oct 15, 2026
Rate checked
More details - 4.08%APY$168 over 5 months on $10,000intro rate
Requirements
Product: Deposit of $500 or more; penalties for early withdrawal of funds apply.
Offer: 5 Month Term Share Special. $500 minimum deposit to earn dividends.
Promotional rate · 4.00% interest rate · Effective Oct 16, 2026
Rate checked
More details - 4.08%APY$1,275 over 36 months on $10,000
Requirements
Product: Penalty for early withdrawal.
4.02% interest rate · Effective Oct 9, 2026
Rate checked
More details - Michigan Columbus Federal Credit UnionCertificates of Deposit (CDs)CD · 6 months · $500 min
Credit union · 1 branch
4.07%APY$201 over 6 months on $10,000Requirements
Product: Minimum balance is $500. Dividends calculated daily, paid quarterly. Available terms range from 6 to 60 months. Auto renew options available.
Rate checked
More details - 4.06%APY$406 over 1 year on $10,000
3.99% interest rate · Effective Oct 1, 2026
Rate checked
More details - 4.06%APY$475 over 14 months on $10,000intro rate
Requirements
Product: Additional deposits of $10 to $25,000 allowed per day. One time option to change the rate offered on the same product. One time option to withdraw up to 25% of principal with no penalty.
Offer: 14 Month Flex CD Special renews into a regular 1 year certificate. Additional deposits of $10 to $25,000 allowed per day. One time option to change the rate offered on the same product. One time option to withdraw up to 25% of principal with no penalty. Penalty for early withdrawal.
Promotional rate · 4.00% interest rate · Effective Oct 9, 2026
Rate checked
More details - 4.05%APY$167 over 5 months on $10,000intro rate
Requirements
Product: Promotional rates effective May 26th, 2026, and subject to change without notice. $1,000 minimum to open. 5-month term and 7-month to revert to non-promo 6-month term upon maturity. Specials are non-renewable. Subject to penalty for early withdrawal.
Offer: Dividends paid Annually. Reverts to non-promo 6-month term upon maturity. Specials are non-renewable.
Promotional rate · 4.00% interest rate · Effective May 26, 2026
Rate checked
More details - 4.05%APY$234 over 7 months on $10,000intro rate
Requirements
Product: FDIC-insured. Minimum opening deposit is generally $500. Early withdrawal penalty applies.
Offer: Limited-time offer. Must be opened with money not currently on deposit at Horizon Bank. Automatically renews to a 6-month fixed-rate CD. Penalty for early withdrawal.
Promotional rate · Effective Sep 29, 2026
Rate checked
More details - United Churches Credit UnionShare Certificate AccountsCD · 6 months · $500 min
Credit union · 1 branch
4.00%APY$198 over 6 months on $10,000intro rateRequirements
Product: Require a minimum deposit of $500 to open. Terms range from 3 to 60 months. Dividends are paid monthly and based on the average daily balance. Early withdrawal penalties apply.
Offer: CD SPECIAL! Dividends are paid monthly and based on the average daily balance. Early withdrawal penalties apply.
Promotional rate · 3.93% interest rate · Effective Sep 1, 2026
Rate checked
More details - Construction Federal Credit UnionCertificate of DepositCD · 6 months · $2,500 min
Credit union · 1 branch
4.00%APY$198 over 6 months on $10,000Requirements
Product: Must maintain a $2,500.00 balance to receive a monthly dividend. Maximum deposits capped at $250,000 per member. Up to 90 day penalty for early withdrawal.
Offer: Must maintain a $2,500.00 balance to receive a monthly dividend. Maximum deposits capped at $250,000 per member. Up to 90 day penalty for early withdrawal.
Balance cap $250,000 · 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 metro
756 CDs at 73 banks and credit unions · checked Oct 16–22
- Typical
- 3.20%
- Top 10% from
- 4.10%
- Banks, typical
- 0.50%
- 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.
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