Highest CD Rates Info

Now it’s time for us here at Highest CD Rates Info to look at the best CD rates in Michigan right now. This continues our look at national offers for the regionally highest CD rates.

We’ll rank them by term and annual percentage yield (APY) and include information like minimum deposits as well.

1 Year Term Highest CD Rates in Michigan
Discover Bank offers a special 2.00% APY on a $2,500 minimum deposit for this term. Citizens First Savings offers a 1.72% APY with a $500 minimum deposit requirement. Dearborn Federal has a 1.35% APY with a $500 minimum as well.

3 Year Term Michigan CD Rates
For this term, highest CD rates are again at Discover Bank with a special 2.75% APY offer with a $2,500 minimum deposit requirement. Citizens First Savings offers a 2.53% APY with a $500 minimum required and Bank of America offers a 2.05% APY with a $1,000 minimum deposit requirement.

5 Year Term Best CD Rates in Michigan
For this popular long term investment term, Discover Bank again has a special at 3.25% APY with a $2,500 minimum deposit. Citizens First Savings has a 2.96% APY with a $500 minimum deposit requirement and Bank of America has a 2.75% APY with a $1,000 minimum deposit requirement. Those near Flagstar Bank can get a 2.30% APY with a $500 minimum.

6 Month Term Highest CD Rates in Michigan
A quick look at this short term shows Discover Bank has a 1.25% APY with their $2,500 minimum deposit requirement. Citizens First Savings has a 0.91% APY with a $1,000 minimum deposit and Flagstar has a 0.75% APY with a $500 minimum.

All banks listed are FDIC insured. If any of these best CD rates in Michigan appeal to you, lock yours in today as current CD rates change often. Today’s highest CD rates are tomorrow’s history, so act fast.