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 241–255 results in Michigan
- Filer Credit UnionRegular CDCD · 6 months · $1,000 min · 3.04%–3.09% by balance
Credit union · 4 branches
3.04%APY$151 over 6 months on $10,000Requirements
Product: Cannot add money to CD once opened. Early withdrawal penalty: 180 days interest for 6-month CD, 365 days interest for terms over 6 months (12 to 60 months). Interest calculated daily and posted monthly to regular shares or compounded to certificate. No age limit.
Offer: Minimum deposit $1,000. Early withdrawal penalty is 6 months interest.
Effective Oct 5, 2026
Rate by balance
Rate by balance for Regular CD Balance APY $1,000 and upYour amount 3.04% $25,000 and upMinimum deposit $25,000. 3.09% Rate checked
More details - First National Bank of MichiganCertificate of DepositCD · 24 months · $2,500 min · 3.04%–3.45% by balance
Bank · 6 branches
3.04%APY$617 over 24 months on $10,000Requirements
Product: The minimum to open is $2,500. A penalty may be imposed for early withdrawal. APY is based on a $2,500 balance for entire designated CD term.
Offer: 2 Year term.
3.00% interest rate · Effective Sep 17, 2026
Rate by balance
Rate by balance for Certificate of Deposit Balance APY Up to $49,999Your amount 3.04% $50,000 – $99,999 3.25% $100,000 and up 3.45% Rate checked
More details - 3.04%APY$617 over 24 months on $10,000
Requirements
Product: Must deposit a minimum of $5.00 to join the credit union. For share certificate accounts, dividend rate and APY are fixed for the term. Dividends compounded daily and credited at maturity. Additional deposits not allowed after opening. Automatic renewal upon maturity with a 10-day grace period. Early withdrawal penalty applies (30 days dividends).
3.00% interest rate · Compounded daily · Effective Jan 1, 2024
Rate checked
More details - 3.04%APY$940 over 36 months on $10,000
Requirements
Product: Penalty for early withdrawal. Rates subject to change at any time without notice.
Effective Oct 15, 2026
Rate checked
More details - 3.04%APY$1,615 over 60 months on $10,000
Requirements
Product: Early withdrawal penalty applies. Dividends compounded monthly and paid monthly, calculated on the daily balance. Membership serves select counties in Michigan's Upper Peninsula and Northeast Wisconsin.
3.00% interest rate · Compounded monthly
Rate checked
More details - 3.04%APY$1,968 over 72 months on $10,000
Requirements
Product: Must be an Everwise member ($5 initial Share deposit required). Minimum balance required to earn APY is $500. Early withdrawal penalty may apply, which may reduce earnings.
Offer: Minimum balance required to earn APY is $500. Early withdrawal penalty may apply.
3.00% interest rate · Effective Oct 1, 2026
Rate checked
More details - Maui Teachers FCU18 Month Share Certificate SPECIALCD · 18 months · $5,000 min
Credit union · 1 branch
3.03%APY$458 over 18 months on $10,000intro rateRequirements
Product: Dividends must be transferred to share account. New Money ONLY.
Offer: Minimum Opening Deposit Required to earn 3.03% APY is $5,000.00; Maximum balance $250,000.00; Dividends must be transferred to share account; New Money ONLY.
Promotional rate · Balance cap $250,000 · Effective Jan 1, 2026
Rate checked
More details - 3.00%APY$25 over 1 months on $10,000
Requirements
Product: Fixed rate for the time horizon chosen from 1 month to 5 years. Penalty for early withdrawal.
Offer: Penalty for early withdrawal.
2.72% interest rate
Rate by balance
Rate by balance for Certificates of Deposit (CDs) Balance APY Up to $10,000 2.75% $10,000 and upYour amount 3.00% Rate checked
More details - 3.00%APY$74 over 3 months on $10,000
Requirements
Product: No monthly fees. Minimum balance to open is $500. Daily balance required to obtain APY.
2.97% interest rate · Effective Mar 16, 2026
Rate checked
More details - 3.00%APY$300 over 1 year on $10,000
Requirements
Product: Effective Date: October 22, 2026. Withdrawal Charges: if the CD balance is (1) under $25,000, the fee for one-time withdrawal is $50; and/or if the balance is (2) $25,000 or higher, the fee is $100.
Offer: Effective Date: October 22, 2026
2.97% interest rate · Effective Oct 22, 2026
Rate checked
More details - Diversified Members Credit UnionSave to Win CertificateCD · 12 months · $25 min
Credit union · 4 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 - KCCURegular Certificate AccountsCD · 48 months · $500 min · 3.00%–3.10% by balance
Credit union · 14 branches
3.00%APY$1,255 over 48 months on $10,000intro rateRequirements
Product: Membership required. Certificate bonus is only available on new certificates. Advertised certificate rates are based on 0.25% APY rate increase using 20,000 VIP Lifetime Reward Points. If member does not have enough Reward Points, they earn standard APY (rate minus 0.25% APY). Penalty may apply for early withdrawal. At maturity certificate term will renew at 12-month term at then current rate.
Offer: Advertised APY as high as 3.00% includes 0.25% APY rate increase using 20,000 VIP Lifetime Reward Points; standard APY is 2.75%.
Promotional rate · Effective Oct 5, 2026
Rate by balance
Rate by balance for Regular Certificate Accounts Balance APY $500 and upYour amount 3.00% $50,000 and upAdvertised APY as high as 3.10% includes 0.25% APY rate increase using 20,000 VIP Lifetime Reward Points; standard APY is 2.85%. 3.10% Rate checked
More details - 3.00%APY$1,593 over 60 months on $10,000
Requirements
Product: Fixed rates. Early withdrawals subject to penalty. No setup or maintenance fees.
Offer: Rates are fixed for the length of the Term Share. A penalty may be imposed for early withdrawal.
2.97% interest rate · Effective Nov 3, 2025
Rate checked
More details - 2.98%APY$148 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)
2.95% interest rate · Effective Apr 22, 2026
Rate checked
More details - 2.94%APY$294 over 1 year on $10,000
Requirements
Product: Combines monthly interest with the chance to win monthly lotteries. Early withdrawal penalty is $25.00.
Offer: Minimum deposit $25. 12-month term. Early withdrawal penalty is $25.00.
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 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