Michigan Best CD Rates October 2026
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Brian McKay
iEditorial Disclosure
Brian McKay
Brian McKay
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Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
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The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
Michigan CD rates range from 2.75% to 5.25% APY, verified by MonitorBankRates as of October 23, 2026. Current Michigan CD rates include FreeStar Financial Credit UnionFreeStar Financial Credit Union37570 S Gratiot Ave, Clinton Township, MI 48036A5.0 ★Texas Ratio: 7.11%Real return: +1.55%APY minus CPIRate verified Oct 19, 2026 offering 18-Month Special - Military at 5.25% APY, Diversified Members Credit UnionDiversified Members Credit Union1480 E Jefferson Ave, Detroit, MI 48207A+5.0 ★Texas Ratio: 5.06%Real return: +1.45%APY minus CPIRate verified Oct 19, 2026 offering 12 Month Legacy CD at 5.15% APY, Michigan One Community Credit UnionMichigan One Community Credit Union510 S Dexter St, Ionia, MI 48846A+5.0 ★Texas Ratio: 4.80%Real return: +1.42%APY minus CPIRate verified Oct 19, 2026 offering 60 Month Minor CD Special at 5.12% APY, United Financial Credit UnionUnited Financial Credit Union6310 Dixie Hwy, Bridgeport, MI 48722A+5.0 ★Texas Ratio: 5.54%Real return: +1.35%APY minus CPIRate verified Oct 19, 2026 offering 6 month - 4H or FFA CD at 5.05% APY, and First National Bank of MichiganFirst National Bank of Michigan348 W Michigan Ave, Kalamazoo, MI 49007A5.0 ★Texas Ratio: 7.32%Real return: +1.30%APY minus CPIRate verified Oct 20, 2026 offering 3-Year Rising Rate Certificate of Deposit at 5.00% APY. CD rates as of October 23, 2026 according to verified data from MonitorBankRates.
Use the tables below to compare CD rates across all terms in Michigan side-by-side. Michigan CD rates currently reach as high as 5.25% APY from FreeStar Financial Credit Union at 37570 S Gratiot Ave, Clinton Township, MI 48036. Rates are continually updated, so we recommend checking back frequently.
The Annual Percentage Yields (APYs) displayed reflect actual verified offers from top-rated institutions. Rates are subject to change at the institution's discretion without notice and may depend on your initial funding amount. A substantial penalty may be imposed for early withdrawal, which could reduce earnings on the account. CD Rates Last Updated and Verified: October 23, 2026
Compare Best CD Rates in Michigan
Michigan 3 Month CD Rates
MonitorBankRates Michigan Average · 3 Month CD2.14% APY▲ 0.03% from last weekNational 2.13%
The average 3-month CD rate in Michigan is 2.14% APY, compared with 2.13% nationally, as of October 25, 2026. Figures are compiled by MonitorBankRates from more than 8,500 U.S. banks and credit unions.
Source: Verified CD Rate Data provided by MonitorBankRates
Institution
Product
Min Deposit
APY
Profile
DOW
Institution Rating:
A+5.0 ★Texas Ratio: 1.26%
600 E Lyon Rd, Midland, MI 48640 5396
Simple CD - 3 Months
$500
4.35%
▲ 2.21% above Michigan avg
▼
Rate4.27%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.14%▲ 2.21% above avgNationally 2.13%
Details
Starting minimum deposit of $500; not eligible for Member Saver Reward
Rate History
No change since Oct 14, 2026 · 4.35% APY · checked 2 times
Public Service Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.17%
7665 Merriman Rd, Romulus, MI 48174 1920
IRA Jumbo CD 3 Months
$3,000,000
4.32%
▲ 2.18% above Michigan avg
▼
Rate4.25%
Min Deposit$3,000,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.14%▲ 2.18% above avgNationally 2.13%
Details
Dividends: Quarterly; Max: $6,000,000
Rate History
No change since Oct 19, 2026 · 4.32% APY
First State Bank (MI)
Institution Rating:
A5.0 ★Texas Ratio: 6.84%
16100 E 9 Mile Rd, Eastpointe, MI 48021
Jumbo CD - 90 Days
$0
4.10%
▲ 1.96% above Michigan avg
▼
Rate4.04%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.14%▲ 1.96% above avgNationally 2.13%
Details
Rates current as of October 20, 2026
Rate History
No change since Sep 19, 2026 · 4.10% APY · checked 9 times
InTouch Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.58%
3355 University Dr, Auburn Hills, MI 48326
3-Month HYRC Certificate
$0
4.10%
▲ 1.96% above Michigan avg
▼
Rate4.02%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.14%▲ 1.96% above avgNationally 2.13%
Details
Qualifications Required; High-Yield Rewards Checking Account required; $1,000 minimum
Rate History
1 change since Sep 18, 2026 · 4.00% → 4.10% ▲ 0.10 pts · high 4.10% / low 4.00%
- Sep 27, 20264.10%▲ from 4.00%
- Sep 18, 20264.00%first recorded
Public Service Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.17%
7665 Merriman Rd, Romulus, MI 48174 1920
IRA Jumbo CD 3 Months
$500,000
4.06%
▲ 1.92% above Michigan avg
▼
Rate4.00%
Min Deposit$500,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.14%▲ 1.92% above avgNationally 2.13%
Details
Dividends: Quarterly; Max: $6,000,000
Rate History
No change since Oct 19, 2026 · 4.06% APY
Farmers Insurance Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 12.30%
5600 Beechtree Ln SE, Caledonia, MI 49316 9587
Limited Time 3-Month and 6-Month Certificate
$1,000
4.00%
▲ 1.86% above Michigan avg
▼
RateN/A
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.14%▲ 1.86% above avgNationally 2.13%
Details
Limited time promotional yield on new certificates; IRA share certificates do not qualify; no additional deposits; substantial early withdrawal penalty applies
Rate History
No change since Oct 20, 2026 · 4.00% APY
Farmers Insurance Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 12.30%
5600 Beechtree Ln SE, Caledonia, MI 49316 9587
Limited Time 3-Month Share Certificate
$0
4.00%
▲ 1.86% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.14%▲ 1.86% above avgNationally 2.13%
Details
Limited time promotional yield; APY calculated on a 3.93% base rate; new certificates only; membership eligibility required; IRA share certificates do not qualify; no additional deposits during term; rolls over to 3-Month Certificate at available rates
Rate History
No change since Oct 2, 2026 · 4.00% APY · checked 5 times
West Shore Bank
Institution Rating:
A5.0 ★Texas Ratio: 10.41%
201 W Loomis St, Ludington, MI 49431
CD Specials - 3 Month
$500
3.90%
▲ 1.76% above Michigan avg
▼
Rate3.84%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 21, 2026
Michigan Average2.14%▲ 1.76% above avgNationally 2.13%
Details
Minimum balance to open & obtain APY; APY is accurate as of 10/16/2026
Rate History
No change since Sep 11, 2026 · 3.90% APY · checked 8 times
First National Bank of America (FNBA)
Institution Rating:
B-4.3 ★Texas Ratio: 23.12%
241 E Saginaw St, East Lansing, MI 48823
Certificate of Deposit - 3 Month
$0
3.85%
▲ 1.71% above Michigan avg
▼
Rate3.80%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.14%▲ 1.71% above avgNationally 2.13%
Details
Rate History
1 change since Sep 18, 2026 · 3.60% → 3.85% ▲ 0.25 pts · high 3.85% / low 3.60%
- Sep 24, 20263.85%▲ from 3.60%
- Sep 18, 20263.60%first recorded
First National Bank of America (FNBA)
Institution Rating:
B-4.3 ★Texas Ratio: 23.12%
241 E Saginaw St, East Lansing, MI 48823
Time Certificate of Deposit - 3 Month
$0
3.85%
▲ 1.71% above Michigan avg
▼
Rate3.80%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.14%▲ 1.71% above avgNationally 2.13%
Details
East Lansing Rates
Rate History
No change since Oct 7, 2026 · 3.85% APY · checked 4 times
InTouch Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.58%
3355 University Dr, Auburn Hills, MI 48326
3-Month Certificate
$0
3.85%
▲ 1.71% above Michigan avg
▼
Rate3.78%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.14%▲ 1.71% above avgNationally 2.13%
Details
$1,000 minimum
Rate History
1 change since Sep 18, 2026 · 3.75% → 3.85% ▲ 0.10 pts · high 3.85% / low 3.75%
- Sep 27, 20263.85%▲ from 3.75%
- Sep 18, 20263.75%first recorded
Independent Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.46%
1075 E Wilcox Ave, White Cloud, MI 49349
3-Month CD Special
$0
3.76%
▲ 1.62% above Michigan avg
▼
Rate3.70%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.14%▲ 1.62% above avgNationally 2.13%
Details
Interest Tier: $1,000 minimum; Effective October 14, 2026
Rate History
2 changes since Sep 18, 2026 · 3.56% → 3.76% ▲ 0.20 pts · high 3.76% / low 3.56%
- Oct 2, 20263.76%▲ from 3.66%
- Sep 24, 20263.66%▲ from 3.56%
- Sep 18, 20263.56%first recorded
Dfcu Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.86%
400 Town Center Dr, Dearborn, MI 48126
3 month Business Share Certificates
$0
3.75%
▲ 1.61% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.14%▲ 1.61% above avgNationally 2.13%
Details
Balance: $1,000 to $24,999
Rate History
No change since Oct 13, 2026 · 3.75% APY · checked 2 times
Dfcu Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.86%
400 Town Center Dr, Dearborn, MI 48126
3 Month Share Certificates
$0
3.75%
▲ 1.61% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.14%▲ 1.61% above avgNationally 2.13%
Details
Balance: $1,000 to $24,999
Rate History
No change since Oct 13, 2026 · 3.75% APY · checked 2 times
St Francis X Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.43%
2140 M 119, Petoskey, MI 49770
3 Month CD & IRA CD
$0
3.60%
▲ 1.46% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.14%▲ 1.46% above avgNationally 2.13%
Details
Second Tier APY; Balance: $100,000+
Rate History
No change since Sep 12, 2026 · 3.60% APY · checked 7 times
Highpoint Community Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.33%
435 Arlington St, Middleville, MI 49333
CD - 90 Day (3 Month)
$500
3.55%
▲ 1.41% above Michigan avg
▼
Rate3.50%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 21, 2026
Michigan Average2.14%▲ 1.41% above avgNationally 2.13%
Details
Minimum balance of $500 required to obtain stated APY; Penalty may be imposed for early withdrawal
Rate History
No change since Oct 14, 2026 · 3.55% APY · checked 3 times
LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.31%
4866 Alpine Ave NW, Comstock Park, MI 49321 8579
3 Month IRA/HSA CD - VIP Bonus
$500
3.55%
▲ 1.41% above Michigan avg
▼
Rate3.49%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.14%▲ 1.41% above avgNationally 2.13%
Details
VIP Relationship Reward Bonus; Rates as of 10/18/26
Rate History
No change since Oct 13, 2026 · 3.55% APY · checked 2 times
Honor Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.74%
2254 Henry St, Honor, MI 49640
3 Month CD
$1,000
3.50%
▲ 1.36% above Michigan avg
▼
RateN/A
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average2.14%▲ 1.36% above avgNationally 2.13%
Details
Certificates of Deposit: $1,000 minimum to open; $1,000 minimum balance to obtain stated APY; rate and APY fixed for the term; limited to $250,000 per household; penalty may apply for early withdrawal
Rate History
No change since Oct 22, 2026 · 3.50% APY · checked 2 times
St Francis X Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.43%
2140 M 119, Petoskey, MI 49770
3 Month CD & IRA CD
$0
3.50%
▲ 1.36% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.14%▲ 1.36% above avgNationally 2.13%
Details
First Tier APY
Rate History
No change since Oct 8, 2026 · 3.50% APY · checked 4 times
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.64%
3777 West Rd, East Lansing, MI 48823 8029
3-Month Certificate or IRA-HSA Jumbo
$0
3.40%
▲ 1.26% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.14%▲ 1.26% above avgNationally 2.13%
Details
Valid thru 10/25/2026
Rate History
1 change since Sep 18, 2026 · 3.15% → 3.40% ▲ 0.25 pts · high 3.40% / low 3.15%
- Sep 25, 20263.40%▲ from 3.15%
- Sep 18, 20263.15%first recorded
LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.31%
4866 Alpine Ave NW, Comstock Park, MI 49321 8579
3 Month CD - VIP Bonus
$0
3.40%
▲ 1.26% above Michigan avg
▼
Rate3.35%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.14%▲ 1.26% above avgNationally 2.13%
Details
VIP Relationship Reward Bonus rate; where noted, CD rates include 0.25% MORE VIP Relationship Reward Bonus
Rate History
No change since Oct 13, 2026 · 3.40% APY · checked 2 times
Dort Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.06%
9048 HOLLY RD, GRAND BLANC, MI 48439
Jumbo Term Share Certificates - 3 Months
$0
3.40%
▲ 1.26% above Michigan avg
▼
Rate3.40%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.14%▲ 1.26% above avgNationally 2.13%
Details
Subject to penalty for early withdrawal
Rate History
No change since Sep 14, 2026 · 3.40% APY · checked 7 times
Dort Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.06%
9048 HOLLY RD, GRAND BLANC, MI 48439
Term Share Certificates - 3 Months
$0
3.40%
▲ 1.26% above Michigan avg
▼
Rate3.40%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.14%▲ 1.26% above avgNationally 2.13%
Details
Subject to penalty for early withdrawal
Rate History
No change since Sep 14, 2026 · 3.40% APY · checked 8 times
LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.31%
4866 Alpine Ave NW, Comstock Park, MI 49321 8579
3 Month IRA/HSA CD
$500
3.30%
▲ 1.16% above Michigan avg
▼
Rate3.25%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.14%▲ 1.16% above avgNationally 2.13%
Details
Rates as of 10/18/26
Rate History
No change since Sep 18, 2026 · 3.30% APY · checked 7 times
Alpena-Alcona Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.22%
1100 S Bagley St, Alpena, MI 49707 8104
90 Day Certificate
$500
3.29%
▲ 1.15% above Michigan avg
▼
Rate3.25%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.14%▲ 1.15% above avgNationally 2.13%
Details
Interest compounded and credited quarterly
Rate History
No change since Sep 18, 2026 · 3.29% APY · checked 8 times
Alpena-Alcona Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.22%
1100 S Bagley St, Alpena, MI 49707 8104
90 Day Youth Certificate
$100
3.29%
▲ 1.15% above Michigan avg
▼
Rate3.25%
Min Deposit$100
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.14%▲ 1.15% above avgNationally 2.13%
Details
Youth certificate (ages 19 and younger); interest compounded and credited quarterly
Rate History
No change since Oct 20, 2026 · 3.29% APY
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.64%
3777 West Rd, East Lansing, MI 48823 8029
3-Month Certificate or IRA-HSA
$0
3.25%
▲ 1.11% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.14%▲ 1.11% above avgNationally 2.13%
Details
Valid thru 10/25/2026
Rate History
1 change since Sep 18, 2026 · 3.00% → 3.25% ▲ 0.25 pts · high 3.25% / low 3.00%
- Sep 25, 20263.25%▲ from 3.00%
- Sep 18, 20263.00%first recorded
Directions Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.08%
3558 Sterns Rd, Lambertville, MI 48144
3 Month Certificate
$500
3.25%
▲ 1.11% above Michigan avg
▼
Rate3.20%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.14%▲ 1.11% above avgNationally 2.13%
Details
Effective 10/01/2026
Rate History
1 change since Sep 14, 2026 · 2.89% → 3.25% ▲ 0.36 pts · high 3.25% / low 2.89%
- Oct 9, 20263.25%▲ from 2.89%
- Sep 14, 20262.89%first recorded
Dort Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.06%
9048 HOLLY RD, GRAND BLANC, MI 48439
3 Month AMP Term Share Certificates
$0
3.25%
▲ 1.11% above Michigan avg
▼
Rate3.21%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.14%▲ 1.11% above avgNationally 2.13%
Details
Subject to penalty for early withdrawal
Rate History
No change since Sep 18, 2026 · 3.25% APY · checked 7 times
Bank of Ann Arbor
Institution Rating:
A+5.0 ★Texas Ratio: 1.88%
101 E Grand River Ave, Howell, MI 48843
3 Month Retail CD
$0
3.15%
▲ 1.01% above Michigan avg
▼
Rate3.12%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.14%▲ 1.01% above avgNationally 2.13%
Details
Deposits of $1,000 to $99,999; Interest Rate and APY shown with Autopay Discount; penalty may be imposed for early withdrawal; Rates effective as of 10/19/2026 - 10/25/2026
Rate History
No change since Oct 14, 2026 · 3.15% APY · checked 2 times
Intandem Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.03%
1619 Plainfield AVE NE, Grand Rapids, MI 49505 4703
3 Month Term Share Certificate
$500
3.15%
▲ 1.01% above Michigan avg
▼
Rate3.10%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.14%▲ 1.01% above avgNationally 2.13%
Details
Rates effective 10/1/2026; Rates based on term selected and where purchased; Penalty for early withdrawal
Rate History
No change since Sep 14, 2026 · 3.15% APY · checked 6 times
LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.31%
4866 Alpine Ave NW, Comstock Park, MI 49321 8579
3 Month CD
$0
3.15%
▲ 1.01% above Michigan avg
▼
Rate3.11%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.14%▲ 1.01% above avgNationally 2.13%
Details
Rate History
No change since Sep 18, 2026 · 3.15% APY · checked 7 times
LAF Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.73%
106 N Marketplace Blvd, Lansing, MI 48917 7753
3 Month IRA Certificate
$0
3.10%
▲ 0.96% above Michigan avg
▼
Rate3.06%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.14%▲ 0.96% above avgNationally 2.13%
Details
Rates accurate as of 06/29/26
Rate History
No change since Oct 19, 2026 · 3.10% APY
LAF Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.73%
106 N Marketplace Blvd, Lansing, MI 48917 7753
3 Month Regular Term Share Certificate
$50
3.10%
▲ 0.96% above Michigan avg
▼
Rate3.06%
Min Deposit$50
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.14%▲ 0.96% above avgNationally 2.13%
Details
Rates accurate as of 06/29/26; Regular term CDs allow additional add on deposits
Rate History
No change since Oct 19, 2026 · 3.10% APY
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.28%
S216 Menominee St, Stephenson, MI 49887
Relationship CD - 3 Month
$2,500
3.05%
▲ 0.91% above Michigan avg
▼
Rate3.02%
Min Deposit$2,500
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average2.14%▲ 0.91% above avgNationally 2.13%
Details
Relationship CD; relationship defined as Direct Deposit Checking; Minimum $2500 to open
Rate History
No change since Sep 14, 2026 · 3.05% APY · checked 9 times
Credit Union One Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.54%
400 E 9 Mile Rd, Ferndale, MI 48220
3 Month Certificate of Deposit
$0
3.04%
▲ 0.90% above Michigan avg
▼
Rate3.00%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average2.14%▲ 0.90% above avgNationally 2.13%
Details
Balance: $10,000-$24,999; Certificate of Deposit Rates table on IRA Rates page
Rate History
No change since Oct 22, 2026 · 3.04% APY
Credit Union One Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.54%
400 E 9 Mile Rd, Ferndale, MI 48220
3 Month IRA Certificate of Deposit
$0
3.04%
▲ 0.90% above Michigan avg
▼
Rate3.00%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average2.14%▲ 0.90% above avgNationally 2.13%
Details
Balance: $25,000 - $49,999; Effective Date: March 13, 2025
Rate History
No change since Oct 22, 2026 · 3.04% APY
Credit Union One Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.54%
400 E 9 Mile Rd, Ferndale, MI 48220
Certificate of Deposit - 3 Months
$0
3.04%
▲ 0.90% above Michigan avg
▼
Rate3.00%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average2.14%▲ 0.90% above avgNationally 2.13%
Details
Balance: $500-$2,499
Rate History
No change since Oct 22, 2026 · 3.04% APY
Credit Union One Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.54%
400 E 9 Mile Rd, Ferndale, MI 48220
IRA Certificate of Deposit - 3 Months
$0
3.04%
▲ 0.90% above Michigan avg
▼
Rate3.00%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average2.14%▲ 0.90% above avgNationally 2.13%
Details
Balance: $500-$2,499; Effective Date: March 13, 2025
Rate History
No change since Oct 22, 2026 · 3.04% APY
West Shore Bank
Institution Rating:
A5.0 ★Texas Ratio: 10.41%
201 W Loomis St, Ludington, MI 49431
3 Month Certificates of Deposit (CDs)
$500
3.00%
▲ 0.86% above Michigan avg
▼
Rate2.97%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 21, 2026
Michigan Average2.14%▲ 0.86% above avgNationally 2.13%
Details
Rate History
No change since Sep 11, 2026 · 3.00% APY · checked 6 times
Rio Blanco Schools Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.57%
6000 28th St NE, Grand Rapids, MI 49546
Share Certificate - 3 Months
$0
3.00%
▲ 0.86% above Michigan avg
▼
Rate2.97%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.14%▲ 0.86% above avgNationally 2.13%
Details
Dividend rate for $500 and up
Rate History
No change since Oct 15, 2026 · 3.00% APY · checked 2 times
LOC Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.78%
6246 Chase Rd, Dearborn, MI 48126
3 Month Cert / IRA
$1,000
3.00%
▲ 0.86% above Michigan avg
▼
Rate2.97%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.14%▲ 0.86% above avgNationally 2.13%
Details
Dividends Paid: At Maturity; Penalty: 90 days*; *Penalty for early withdrawal will apply
Rate History
No change since Sep 14, 2026 · 3.00% APY · checked 3 times
Frankenmuth Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.18%
580 N Main St, Frankenmuth, MI 48734
3 Month CD-Certificate of Deposit
$0
2.95%
▲ 0.81% above Michigan avg
▼
Rate2.91%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.14%▲ 0.81% above avgNationally 2.13%
Details
Balance: $250,000 and up
Rate History
No change since Sep 22, 2026 · 2.95% APY · checked 7 times
Frankenmuth Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.18%
580 N Main St, Frankenmuth, MI 48734
3 Month CD-Certificate of Deposit
$0
2.90%
▲ 0.76% above Michigan avg
▼
Rate2.86%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.14%▲ 0.76% above avgNationally 2.13%
Details
Balance: $150,000 - $249,000
Rate History
No change since Sep 22, 2026 · 2.90% APY · checked 7 times
Frankenmuth Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.18%
580 N Main St, Frankenmuth, MI 48734
3 Month CD-Certificate of Deposit
$0
2.85%
▲ 0.71% above Michigan avg
▼
Rate2.81%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.14%▲ 0.71% above avgNationally 2.13%
Details
Balance: $100,000 - $149,000
Rate History
No change since Sep 22, 2026 · 2.85% APY · checked 7 times
Frankenmuth Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.18%
580 N Main St, Frankenmuth, MI 48734
3 Month CD-Certificate of Deposit
$0
2.80%
▲ 0.66% above Michigan avg
▼
Rate2.76%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.14%▲ 0.66% above avgNationally 2.13%
Details
Balance: $500 - $99,999
Rate History
No change since Sep 22, 2026 · 2.80% APY · checked 7 times
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.28%
S216 Menominee St, Stephenson, MI 49887
CD - 3 Month
$2,500
2.75%
▲ 0.61% above Michigan avg
▼
Rate2.72%
Min Deposit$2,500
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average2.14%▲ 0.61% above avgNationally 2.13%
Details
Minimum $2500 to open
Rate History
No change since Sep 14, 2026 · 2.75% APY · checked 9 times
Michigan 6 Month CD Rates
MonitorBankRates Michigan Average · 6 Month CD2.87% APY▼ 0.04% from last weekNational 2.78%
The average 6-month CD rate in Michigan is 2.87% APY, compared with 2.78% nationally, as of October 25, 2026. Figures are compiled by MonitorBankRates from more than 8,500 U.S. banks and credit unions.
Source: Verified CD Rate Data provided by MonitorBankRates
Institution
Product
Min Deposit
APY
Profile
United Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.54%
6310 Dixie Hwy, Bridgeport, MI 48722
6 month - 4H or FFA CD
$0
5.05%
▲ 2.18% above Michigan avg
▼
Rate4.93%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.87%▲ 2.18% above avgNationally 2.78%
Details
Minimum: Amount of 4H or FFA - Youth Fair Participation Check, Max $5,000
Rate History
No change since Sep 14, 2026 · 5.05% APY · checked 9 times
United Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.54%
6310 Dixie Hwy, Bridgeport, MI 48722
6 month SmartStart Youth CD
$100
5.00%
▲ 2.13% above Michigan avg
▼
Rate4.88%
Min Deposit$100
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.87%▲ 2.13% above avgNationally 2.78%
Details
Available for members under the age of 21; $100 - $2,000; 1 per member; Members may open a 2nd CD if joint owner has an Elite Checking Account
Rate History
No change since Sep 14, 2026 · 5.00% APY · checked 3 times
First National Bank of Michigan
Institution Rating:
A5.0 ★Texas Ratio: 7.32%
348 W Michigan Ave, Kalamazoo, MI 49007
Rising Rate Certificate of Deposit - Third 6-month Term
$10,000
4.75%
▲ 1.88% above Michigan avg
▼
Rate4.65%
Min Deposit$10,000
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.87%▲ 1.88% above avgNationally 2.78%
Details
Third 6-month term; Interest is compounded monthly; 10-day option to withdraw at the end of each six-month term; penalty for early withdrawals applies at other times; no brokered deposits
Rate History
No change since Oct 7, 2026 · 4.75% APY · checked 6 times
Service 1 Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.56%
1075 E Sherman Blvd, Norton Shores, MI 49444 1807
6 Month Share Certificates
$0
4.75%
▲ 1.88% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.87%▲ 1.88% above avgNationally 2.78%
Details
FEATURED RATE
Rate History
1 change since Sep 30, 2026 · 3.75% → 4.75% ▲ 1.00 pts · high 4.75% / low 3.75%
- Oct 23, 20264.75%▲ from 3.75%
- Sep 30, 20263.75%first recorded
Service 1 Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.56%
1075 E Sherman Blvd, Norton Shores, MI 49444 1807
6 Month Youth Certificates 1
$0
4.75%
▲ 1.88% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.87%▲ 1.88% above avgNationally 2.78%
Details
FEATURED RATE; Penalties may apply for early withdrawals.
Rate History
No change since Oct 23, 2026 · 4.75% APY
First National Bank of Michigan
Institution Rating:
A5.0 ★Texas Ratio: 7.32%
348 W Michigan Ave, Kalamazoo, MI 49007
Rising Rate Certificate of Deposit - Second 6-month Term
$10,000
4.50%
▲ 1.63% above Michigan avg
▼
Rate4.41%
Min Deposit$10,000
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.87%▲ 1.63% above avgNationally 2.78%
Details
Second 6-month term; Interest is compounded monthly; 10-day option to withdraw at the end of each six-month term; penalty for early withdrawals applies at other times; no brokered deposits
Rate History
No change since Oct 7, 2026 · 4.50% APY · checked 6 times
Community Focus Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.32%
18925 Telegraph Rd, Brownstown, MI 48174 9546
6 Month Certificate
$1,000
4.30%
▲ 1.43% above Michigan avg
▼
RateN/A
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.87%▲ 1.43% above avgNationally 2.78%
Details
Share Certificate
Rate History
No change since Oct 22, 2026 · 4.30% APY · checked 2 times
First National Bank of Michigan
Institution Rating:
A5.0 ★Texas Ratio: 7.32%
348 W Michigan Ave, Kalamazoo, MI 49007
Rising Rate Certificate of Deposit - First 6-month Term
$10,000
4.25%
▲ 1.38% above Michigan avg
▼
Rate4.17%
Min Deposit$10,000
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.87%▲ 1.38% above avgNationally 2.78%
Details
First 6-month term; Interest is compounded monthly; 10-day option to withdraw at the end of each six-month term; penalty for early withdrawals applies at other times; no brokered deposits
Rate History
No change since Oct 7, 2026 · 4.25% APY · checked 6 times
Kalsee Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.20%
5220 Lovers Ln Ste 200, Portage, MI 49002
6-Month Special - Platinum & VIP Members
$0
4.25%
▲ 1.38% above Michigan avg
▼
Rate4.18%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.87%▲ 1.38% above avgNationally 2.78%
Details
Platinum & VIP Members; Balance: $500 - $1,000,000
Rate History
No change since Oct 19, 2026 · 4.25% APY
Kalsee Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.20%
5220 Lovers Ln Ste 200, Portage, MI 49002
6-Month Special CD - Platinum & VIP
$500
4.25%
▲ 1.38% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.87%▲ 1.38% above avgNationally 2.78%
Details
Balance: $500 - $1,000,000; Platinum or VIP Members rate; Limited time promo; Kalsee Credit Union membership required
Rate History
No change since Oct 19, 2026 · 4.25% APY
DOW
Institution Rating:
A+5.0 ★Texas Ratio: 1.26%
600 E Lyon Rd, Midland, MI 48640 5396
Simple CD - 6 Months
$500
4.25%
▲ 1.38% above Michigan avg
▼
Rate4.17%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.87%▲ 1.38% above avgNationally 2.78%
Details
Starting minimum deposit of $500; not eligible for Member Saver Reward
Rate History
No change since Oct 14, 2026 · 4.25% APY · checked 2 times
TruNorth Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.74%
1419 N 2nd St, Ishpeming, MI 49849 1149
Jumbo Share Certificate - 6 months
$100,000
4.16%
▲ 1.29% above Michigan avg
▼
Rate4.10%
Min Deposit$100,000
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.87%▲ 1.29% above avgNationally 2.78%
Details
Minimum deposit of $100,000.00; Certificate specials will not renew at end of term; A penalty may be imposed for early withdrawal
Rate History
1 change since Sep 12, 2026 · 3.96% → 4.16% ▲ 0.20 pts · high 4.16% / low 3.96%
- Oct 4, 20264.16%▲ from 3.96%
- Sep 12, 20263.96%first recorded
GR Consumers Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.43%
17010 Croswell St, West Olive, MI 49460 9748
6 Month Certificate
$500
4.15%
▲ 1.28% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.87%▲ 1.28% above avgNationally 2.78%
Details
Maximum purchase $250,000.00; Gold and Platinum members are eligible for bonus rates
Rate History
1 change since Sep 14, 2026 · 3.75% → 4.15% ▲ 0.40 pts · high 4.15% / low 3.75%
- Sep 22, 20264.15%▲ from 3.75%
- Sep 14, 20263.75%first recorded
Meijer Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.16%
2410 Gaynor Ave NW, Grand Rapids, MI 49544 1830
IRA Certificate of Deposit - 6 Months
$0
4.10%
▲ 1.23% above Michigan avg
▼
Rate4.03%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.87%▲ 1.23% above avgNationally 2.78%
Details
Effective 10/18/2026; APY includes .25% bonus for Meijer Team members, Meijer retirees and current MCU members
Rate History
No change since Sep 14, 2026 · 4.10% APY · checked 3 times
InTouch Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.58%
3355 University Dr, Auburn Hills, MI 48326
6-Month HYRC Certificate
$0
4.10%
▲ 1.23% above Michigan avg
▼
Rate4.02%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.87%▲ 1.23% above avgNationally 2.78%
Details
Qualifications Required; High-Yield Rewards Checking Account required; $1,000 minimum
Rate History
1 change since Sep 18, 2026 · 4.00% → 4.10% ▲ 0.10 pts · high 4.10% / low 4.00%
- Sep 27, 20264.10%▲ from 4.00%
- Sep 18, 20264.00%first recorded
Flagstar Bank, National Association
Institution Rating:
D3.3 ★Texas Ratio: 35.11%
1805 S Stephenson Ave, Iron Mountain, MI 49801
6-Month Business CD
$2,500
4.10%
▲ 1.23% above Michigan avg
▼
RateN/A
Min Deposit$2,500
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average2.87%▲ 1.23% above avgNationally 2.78%
Details
APY accurate as of 10/22/2026; maximum deposit $10 million; not available for public units; limited-time offer; early withdrawal penalties apply
Rate History
No change since Oct 14, 2026 · 4.10% APY · checked 3 times
Flagstar Bank, National Association
Institution Rating:
D3.3 ★Texas Ratio: 35.11%
1805 S Stephenson Ave, Iron Mountain, MI 49801
6-Month CD
$2,500
4.10%
▲ 1.23% above Michigan avg
▼
RateN/A
Min Deposit$2,500
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average2.87%▲ 1.23% above avgNationally 2.78%
Details
Rate History
1 change since Sep 14, 2026 · 3.70% → 4.10% ▲ 0.40 pts · high 4.10% / low 3.70%
- Oct 10, 20264.10%▲ from 3.70%
- Sep 14, 20263.70%first recorded
Michigan Columbus Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.09%
30419 6 Mile Rd, Livonia, MI 48152 3460
6 Month CD
$0
4.07%
▲ 1.20% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.87%▲ 1.20% above avgNationally 2.78%
Details
Homepage rate guide
Rate History
No change since Sep 25, 2026 · 4.07% APY · checked 6 times
Gratiot Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.16%
211 W Center St, Alma, MI 48801 2206
6 Month Timed Certificate
$1,000
4.07%
▲ 1.20% above Michigan avg
▼
Rate4.00%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.87%▲ 1.20% above avgNationally 2.78%
Details
Rate History
No change since Oct 13, 2026 · 4.07% APY · checked 2 times
West Shore Bank
Institution Rating:
A5.0 ★Texas Ratio: 10.41%
201 W Loomis St, Ludington, MI 49431
CD Specials - 6 Month
$500
4.05%
▲ 1.18% above Michigan avg
▼
Rate3.99%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 21, 2026
Michigan Average2.87%▲ 1.18% above avgNationally 2.78%
Details
Minimum balance to open & obtain APY; APY is accurate as of 10/16/2026
Rate History
1 change since Sep 11, 2026 · 3.80% → 4.05% ▲ 0.25 pts · high 4.05% / low 3.80%
- Oct 21, 20264.05%▲ from 3.80%
- Sep 11, 20263.80%first recorded
North Central Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.83%
2665 Reserve Rd, Houghton Lake, MI 48629
6 MONTH CD
$50,000
4.05%
▲ 1.18% above Michigan avg
▼
RateN/A
Min Deposit$50,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.87%▲ 1.18% above avgNationally 2.78%
Details
Rate History
1 change since Sep 14, 2026 · 3.80% → 4.05% ▲ 0.25 pts · high 4.05% / low 3.80%
- Oct 9, 20264.05%▲ from 3.80%
- Sep 14, 20263.80%first recorded
Circle Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.86%
507 E Main St, Niles, MI 49120 2617
Term Share Certificates - 6 Month
$100
4.02%
▲ 1.15% above Michigan avg
▼
Rate3.95%
Min Deposit$100
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.87%▲ 1.15% above avgNationally 2.78%
Details
Effective Date: Friday, October 23rd, 2026
Rate History
No change since Sep 14, 2026 · 4.02% APY · checked 2 times
CIBC
Institution Rating:
A+5.0 ★Texas Ratio: 5.05%
34901 Woodward Ave, Birmingham, MI 48009
6-month CD
$1,000
4.00%
▲ 1.13% above Michigan avg
▼
RateN/A
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.87%▲ 1.13% above avgNationally 2.78%
Details
Online Only; 30-day penalty if withdrawn before maturity
Rate History
1 change since Sep 14, 2026 · 3.56% → 4.00% ▲ 0.44 pts · high 4.00% / low 3.56%
- Sep 24, 20264.00%▲ from 3.56%
- Sep 14, 20263.56%first recorded
First National Bank of America (FNBA)
Institution Rating:
B-4.3 ★Texas Ratio: 23.12%
241 E Saginaw St, East Lansing, MI 48823
Certificate of Deposit - 6 Month
$0
4.00%
▲ 1.13% above Michigan avg
▼
Rate3.94%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.87%▲ 1.13% above avgNationally 2.78%
Details
Rate History
1 change since Sep 18, 2026 · 3.85% → 4.00% ▲ 0.15 pts · high 4.00% / low 3.85%
- Sep 24, 20264.00%▲ from 3.85%
- Sep 18, 20263.85%first recorded
First National Bank of America (FNBA)
Institution Rating:
B-4.3 ★Texas Ratio: 23.12%
241 E Saginaw St, East Lansing, MI 48823
Time Certificate of Deposit - 6 Month
$0
4.00%
▲ 1.13% above Michigan avg
▼
Rate3.94%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.87%▲ 1.13% above avgNationally 2.78%
Details
East Lansing Rates
Rate History
No change since Oct 7, 2026 · 4.00% APY · checked 4 times
Farmers Insurance Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 12.30%
5600 Beechtree Ln SE, Caledonia, MI 49316 9587
Limited Time 6-Month Share Certificate
$0
4.00%
▲ 1.13% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.87%▲ 1.13% above avgNationally 2.78%
Details
Limited time promotional yield; APY calculated on a 3.93% base rate; new certificates only; membership eligibility required; IRA share certificates do not qualify; no additional deposits during term; rolls over to 6-Month Certificate at available rates
Rate History
No change since Oct 2, 2026 · 4.00% APY · checked 5 times
West Michigan Community Bank
Institution Rating:
B+4.8 ★Texas Ratio: 17.71%
3467 Kelly St, Hudsonville, MI 49426
6-Month CD
$0
4.00%
▲ 1.13% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average2.87%▲ 1.13% above avgNationally 2.78%
Details
Jenison Branch Only; Promo code RENOVATE; Requires $1,000 minimum balance to earn APY; Interest paid until maturity, compounded and paid quarterly; Early withdrawal penalties apply; At renewal, renews as a 6-month CD at the current posted rate
Rate History
No change since Oct 22, 2026 · 4.00% APY
Maui Teachers Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
6000 28th St SE, Grand Rapids, MI 49546 6927
6 month Share Certificate
$0
4.00%
▲ 1.13% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.87%▲ 1.13% above avgNationally 2.78%
Details
Maximum balance: $250,000.00
Rate History
No change since Sep 25, 2026 · 4.00% APY · checked 6 times
Service 1 Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.56%
1075 E Sherman Blvd, Norton Shores, MI 49444 1807
6 Month Youth Certificates
$0
4.00%
▲ 1.13% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.87%▲ 1.13% above avgNationally 2.78%
Details
FEATURED RATE; APY includes .25% Club Benefit Earned payment; Club Benefit Earned payments discontinue at age 18
Rate History
No change since Sep 30, 2026 · 4.00% APY · checked 5 times
Service 1 Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.56%
1075 E Sherman Blvd, Norton Shores, MI 49444 1807
Youth Certificates - 6 Months
$0
4.00%
▲ 1.13% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.87%▲ 1.13% above avgNationally 2.78%
Details
FEATURED RATE; Youth certificate for Ranger Club (0-12) and Navigator Club (13-17) members; APY includes .25% Club Benefit Earned payment, which discontinues at age 18; Early withdrawal penalty: 90 days of dividends
Rate History
No change since Oct 14, 2026 · 4.00% APY · checked 2 times
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.88%
2929 3rd Ave N, Escanaba, MI 49829 4203
6 Month IRA Certificate
$0
4.00%
▲ 1.13% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.87%▲ 1.13% above avgNationally 2.78%
Details
IRA - Individual accounts only
Rate History
No change since Sep 16, 2026 · 4.00% APY · checked 6 times
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.88%
2929 3rd Ave N, Escanaba, MI 49829 4203
Certificate - 6 Month Youth
$100
4.00%
▲ 1.13% above Michigan avg
▼
RateN/A
Min Deposit$100
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.87%▲ 1.13% above avgNationally 2.78%
Details
Youth certificate; Substantial penalty for early withdrawals
Rate History
No change since Oct 23, 2026 · 4.00% APY
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.88%
2929 3rd Ave N, Escanaba, MI 49829 4203
Certificate - 6 Months
$500
4.00%
▲ 1.13% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.87%▲ 1.13% above avgNationally 2.78%
Details
Substantial penalty for early withdrawals
Rate History
No change since Sep 16, 2026 · 4.00% APY · checked 7 times
Construction Federal Credit Union
Institution Rating:
C4.0 ★Texas Ratio: 27.50%
30400 Telegraph Rd Ste 122, Bingham Farms, MI 48025
6 Month Certificate of Deposit
$2,500
4.00%
▲ 1.13% above Michigan avg
▼
RateN/A
Min Deposit$2,500
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.87%▲ 1.13% above avgNationally 2.78%
Details
Up to 90 day penalty for early withdrawal; Maximum deposits to a Regular or IRA Certificate capped at $250,000 per member; Assessed fees could affect annual yield
Rate History
No change since Sep 14, 2026 · 4.00% APY · checked 7 times
Construction Federal Credit Union
Institution Rating:
C4.0 ★Texas Ratio: 27.50%
30400 Telegraph Rd Ste 122, Bingham Farms, MI 48025
6 Month IRA Certificate of Deposit
$2,500
4.00%
▲ 1.13% above Michigan avg
▼
RateN/A
Min Deposit$2,500
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.87%▲ 1.13% above avgNationally 2.78%
Details
Up to 90 day penalty for early withdrawal; Maximum deposits to a Regular or IRA Certificate capped at $250,000 per member; Assessed fees could affect annual yield
Rate History
No change since Sep 14, 2026 · 4.00% APY · checked 7 times
Kalsee Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.20%
5220 Lovers Ln Ste 200, Portage, MI 49002
6 Month Certificate Special
$0
4.00%
▲ 1.13% above Michigan avg
▼
Rate3.94%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.87%▲ 1.13% above avgNationally 2.78%
Details
Balance: $500 - $1,000,000
Rate History
No change since Sep 29, 2026 · 4.00% APY · checked 3 times
Kalsee Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.20%
5220 Lovers Ln Ste 200, Portage, MI 49002
6-Month Special CD
$500
4.00%
▲ 1.13% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.87%▲ 1.13% above avgNationally 2.78%
Details
Balance: $500 - $1,000,000; Limited time promo; Kalsee Credit Union membership required
Rate History
No change since Oct 19, 2026 · 4.00% APY
Dfcu Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.86%
400 Town Center Dr, Dearborn, MI 48126
6 month Business Share Certificates
$0
4.00%
▲ 1.13% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.87%▲ 1.13% above avgNationally 2.78%
Details
Balance: $1,000 to $24,999
Rate History
No change since Oct 13, 2026 · 4.00% APY · checked 2 times
Dfcu Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.86%
400 Town Center Dr, Dearborn, MI 48126
6 month Share Certificates
$0
4.00%
▲ 1.13% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.87%▲ 1.13% above avgNationally 2.78%
Details
Balance: $1,000 to $24,999
Rate History
No change since Oct 13, 2026 · 4.00% APY · checked 2 times
Family First Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.67%
1011 N Michigan Ave, Saginaw, MI 48602 4326
6 Month Certificates of Deposit
$500
4.00%
▲ 1.13% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.87%▲ 1.13% above avgNationally 2.78%
Details
Rate History
No change since Oct 13, 2026 · 4.00% APY · checked 2 times
Members First Credit Union Midland, MI
Institution Rating:
A+5.0 ★Texas Ratio: 4.54%
600 W Wackerly St, Midland, MI 48640 4702
6 Month Certificates of Deposit
$500
4.00%
▲ 1.13% above Michigan avg
▼
Rate3.93%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.87%▲ 1.13% above avgNationally 2.78%
Details
Minimum opening deposit $500.00; Members under 18: $100.00 minimum balance; 0.10% APY bonus with M1 Premier Checking; early withdrawal penalty may apply
Rate History
No change since Oct 13, 2026 · 4.00% APY · checked 2 times
Members First Credit Union Midland, MI
Institution Rating:
A+5.0 ★Texas Ratio: 4.54%
600 W Wackerly St, Midland, MI 48640 4702
Certificate of Deposit - 6 Months
$500
4.00%
▲ 1.13% above Michigan avg
▼
Rate3.93%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.87%▲ 1.13% above avgNationally 2.78%
Details
Under-18 minimum balance $100.00; 0.10% APY bonus with M1 Premier Checking Account; early withdrawal penalty may apply
Rate History
No change since Oct 13, 2026 · 4.00% APY · checked 2 times
United Churches Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.32%
20252 Ecorse Rd, Taylor, MI 48180
CD Special - 6 Month
$0
4.00%
▲ 1.13% above Michigan avg
▼
Rate3.93%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.87%▲ 1.13% above avgNationally 2.78%
Details
CD SPECIAL! 6 month term; APR as printed in the banner
Rate History
No change since Sep 22, 2026 · 4.00% APY · checked 4 times
United Churches Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.32%
20252 Ecorse Rd, Taylor, MI 48180
Certificate - 6 month
$0
4.00%
▲ 1.13% above Michigan avg
▼
Rate3.93%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.87%▲ 1.13% above avgNationally 2.78%
Details
CD Special: 4.00% APY, 3.93% APR; Dividends paid monthly; Early withdrawal penalties apply
Rate History
No change since Sep 14, 2026 · 4.00% APY · checked 7 times
Mercantile Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.63%
125 W Saginaw St, Merrill, MI 48637
Certificate of Deposit - 6 Month
$500
3.95%
▲ 1.08% above Michigan avg
▼
Rate3.89%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average2.87%▲ 1.08% above avgNationally 2.78%
Details
Rates as of September 28, 2026; Automatic renewal standard
Rate History
No change since Oct 14, 2026 · 3.95% APY · checked 3 times
First State Bank (MI)
Institution Rating:
A5.0 ★Texas Ratio: 6.84%
16100 E 9 Mile Rd, Eastpointe, MI 48021
Jumbo CD - 180 Days
$0
3.95%
▲ 1.08% above Michigan avg
▼
Rate3.91%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.87%▲ 1.08% above avgNationally 2.78%
Details
Rates current as of October 20, 2026
Rate History
No change since Sep 19, 2026 · 3.95% APY · checked 9 times
Selfreliance Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.49%
11756 Charest St, Hamtramck, MI 48212
Certificate - 6 Month
$0
3.95%
▲ 1.08% above Michigan avg
▼
Rate3.91%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.87%▲ 1.08% above avgNationally 2.78%
Details
Maximum Balance: $1,000,000 per member; Rates effective as of 10/22/2026; Less than 1 Year certificate dividends post at maturity
Rate History
No change since Oct 12, 2026 · 3.95% APY · checked 2 times
Selfreliance Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.49%
11756 Charest St, Hamtramck, MI 48212
IRA Certificates 6 Months
$0
3.95%
▲ 1.08% above Michigan avg
▼
Rate3.91%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.87%▲ 1.08% above avgNationally 2.78%
Details
Rates effective as of 10/23/2026; NCUA-insured; Certificate rate fixed upon opening; Dividend 3.910%
Rate History
No change since Oct 15, 2026 · 3.95% APY · checked 2 times
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.64%
3777 West Rd, East Lansing, MI 48823 8029
6-Month Certificate or IRA-HSA Jumbo
$0
3.95%
▲ 1.08% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.87%▲ 1.08% above avgNationally 2.78%
Details
Valid thru 10/25/2026
Rate History
1 change since Sep 18, 2026 · 3.70% → 3.95% ▲ 0.25 pts · high 3.95% / low 3.70%
- Sep 25, 20263.95%▲ from 3.70%
- Sep 18, 20263.70%first recorded
North Central Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.83%
2665 Reserve Rd, Houghton Lake, MI 48629
6 MONTH CD
$500
3.95%
▲ 1.08% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.87%▲ 1.08% above avgNationally 2.78%
Details
Rate History
1 change since Sep 14, 2026 · 3.70% → 3.95% ▲ 0.25 pts · high 3.95% / low 3.70%
- Oct 9, 20263.95%▲ from 3.70%
- Sep 14, 20263.70%first recorded
Michigan 12 Month CD Rates
MonitorBankRates Michigan Average · 12 Month CD3.11% APY▼ 0.03% from last weekNational 2.99%
The average 12-month CD rate in Michigan is 3.11% APY, compared with 2.99% nationally, as of October 25, 2026. Figures are compiled by MonitorBankRates from more than 8,500 U.S. banks and credit unions.
Source: Verified CD Rate Data provided by MonitorBankRates
Institution
Product
Min Deposit
APY
Profile
Diversified Members Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.06%
1480 E Jefferson Ave, Detroit, MI 48207
12 Month Legacy CD
$5,000
5.15%
▲ 2.04% above Michigan avg
▼
RateN/A
Min Deposit$5,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.11%▲ 2.04% above avgNationally 2.99%
Details
Legacy CD: for a representative, beneficiary or joint owner of a deceased member's account; Max deposit $1,000,000; two withdrawals and two additional deposits without penalty during the 12-month period; third withdrawal incurs a penalty and closes the account
Rate History
No change since Sep 18, 2026 · 5.15% APY · checked 6 times
OMNI Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.36%
3141 Capital Ave SW, Battle Creek, MI 49015
Certificates of Deposit - 12 Month Youth Special
$0
5.00%
▲ 1.89% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.11%▲ 1.89% above avgNationally 2.99%
Details
Special; Ages 0-17; $1,000 maximum; One per member; Not available for business accounts
Rate History
No change since Oct 19, 2026 · 5.00% APY
Best Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.29%
1888 E Sherman Blvd, Muskegon, MI 49444 1822
12 Month Super Kids Certificate
$100
5.00%
▲ 1.89% above Michigan avg
▼
Rate4.91%
Min Deposit$100
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.11%▲ 1.89% above avgNationally 2.99%
Details
Early withdrawal penalty: 90 days interest
Rate History
No change since Oct 13, 2026 · 5.00% APY · checked 2 times
Community West Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.21%
3089 44th St SW, Grandville, MI 49418 2501
12 Month Youth (Explorer) CD
$0
4.60%
▲ 1.49% above Michigan avg
▼
Rate4.52%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.11%▲ 1.49% above avgNationally 2.99%
Details
Youth (Explorer) CD: 12-month term; Certificate of Deposit; Penalty may be imposed for early withdrawal
Rate History
1 change since Sep 14, 2026 · 3.85% → 4.60% ▲ 0.75 pts · high 4.60% / low 3.85%
- Oct 19, 20264.60%▲ from 3.85%
- Sep 14, 20263.85%first recorded
CIBC
Institution Rating:
A+5.0 ★Texas Ratio: 5.05%
34901 Woodward Ave, Birmingham, MI 48009
12-month CD
$1,000
4.50%
▲ 1.39% above Michigan avg
▼
RateN/A
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average3.11%▲ 1.39% above avgNationally 2.99%
Details
Featured rate; Online Only; 30-day penalty if withdrawn before maturity
Rate History
2 changes since Sep 14, 2026 · 4.15% → 4.50% ▲ 0.35 pts · high 4.50% / low 4.15%
- Oct 20, 20264.50%▲ from 4.35%
- Sep 24, 20264.35%▲ from 4.15%
- Sep 14, 20264.15%first recorded
Service 1 Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.56%
1075 E Sherman Blvd, Norton Shores, MI 49444 1807
12 Month Share Certificates
$0
4.50%
▲ 1.39% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.11%▲ 1.39% above avgNationally 2.99%
Details
Rate History
3 changes since Sep 30, 2026 · 3.50% → 4.50% ▲ 1.00 pts · high 4.50% / low 3.50%
- Oct 23, 20264.50%▲ from 3.50%
- Oct 15, 20263.50%▼ from 4.50%
- Oct 14, 20264.50%▲ from 3.50%
- Sep 30, 20263.50%first recorded
Service 1 Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.56%
1075 E Sherman Blvd, Norton Shores, MI 49444 1807
12 Month Youth Certificates 1
$0
4.50%
▲ 1.39% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.11%▲ 1.39% above avgNationally 2.99%
Details
Penalties may apply for early withdrawals.
Rate History
No change since Oct 23, 2026 · 4.50% APY
FreeStar Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.11%
37570 S Gratiot Ave, Clinton Township, MI 48036
Save to Win (1 year) - Military
$0
4.50%
▲ 1.39% above Michigan avg
▼
Rate4.41%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.11%▲ 1.39% above avgNationally 2.99%
Details
Military rate; requires full direct deposit of $2,000 or more into checking; military status verification required
Rate History
No change since Sep 18, 2026 · 4.50% APY · checked 3 times
Intandem Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.03%
1619 Plainfield AVE NE, Grand Rapids, MI 49505 4703
12 Month Youth Share Certificate
$100
4.50%
▲ 1.39% above Michigan avg
▼
Rate4.41%
Min Deposit$100
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.11%▲ 1.39% above avgNationally 2.99%
Details
Max $500; Youth club members 17 years old and younger only; Penalty for early withdrawal
Rate History
2 changes since Sep 14, 2026 · 3.20% → 4.50% ▲ 1.30 pts · high 4.50% / low 3.20%
- Oct 19, 20264.50%▲ from 3.55%
- Sep 18, 20263.55%▲ from 3.20%
- Sep 14, 20263.20%first recorded
Christian Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.21%
8171 E 10 Mile Rd, Center Line, MI 48015 1449
12 Month Certificate
$500
4.50%
▲ 1.39% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.11%▲ 1.39% above avgNationally 2.99%
Details
Dividends compounded and credited monthly; Rates effective as of October 19, 2026
Rate History
1 change since Sep 14, 2026 · 4.00% → 4.50% ▲ 0.50 pts · high 4.50% / low 4.00%
- Sep 29, 20264.50%▲ from 4.00%
- Sep 14, 20264.00%first recorded
Christian Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.21%
8171 E 10 Mile Rd, Center Line, MI 48015 1449
Certificates of Deposit - 12 Month Youth Certificate
$0
4.50%
▲ 1.39% above Michigan avg
▼
Rate4.41%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.11%▲ 1.39% above avgNationally 2.99%
Details
Youth Certificate
Rate History
No change since Oct 19, 2026 · 4.50% APY
First National Bank of America (FNBA)
Institution Rating:
B-4.3 ★Texas Ratio: 23.12%
241 E Saginaw St, East Lansing, MI 48823
12 Month Certificate of Deposit (CD)
$0
4.45%
▲ 1.34% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average3.11%▲ 1.34% above avgNationally 2.99%
Details
Secure a great rate while it lasts!; 1,000 minimum balance to obtain the APY; APY assumes principal and interest remain on deposit until maturity; early withdrawal penalty may apply; for deposits over $1 million, call for rates
Rate History
2 changes since Sep 18, 2026 · 4.00% → 4.45% ▲ 0.45 pts · high 4.45% / low 4.00%
- Oct 20, 20264.45%▲ from 4.30%
- Sep 24, 20264.30%▲ from 4.00%
- Sep 18, 20264.00%first recorded
First National Bank of America (FNBA)
Institution Rating:
B-4.3 ★Texas Ratio: 23.12%
241 E Saginaw St, East Lansing, MI 48823
Certificate of Deposit - 12 Month Special
$0
4.45%
▲ 1.34% above Michigan avg
▼
Rate4.38%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average3.11%▲ 1.34% above avgNationally 2.99%
Details
Rate History
No change since Oct 14, 2026 · 4.45% APY · checked 2 times
First National Bank of America (FNBA)
Institution Rating:
B-4.3 ★Texas Ratio: 23.12%
241 E Saginaw St, East Lansing, MI 48823
Time Certificate of Deposit - 12 Month Special
$0
4.45%
▲ 1.34% above Michigan avg
▼
Rate4.38%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average3.11%▲ 1.34% above avgNationally 2.99%
Details
East Lansing Rates; Special 12 month CD rate
Rate History
No change since Oct 14, 2026 · 4.45% APY · checked 2 times
First National Bank of Michigan
Institution Rating:
A5.0 ★Texas Ratio: 7.32%
348 W Michigan Ave, Kalamazoo, MI 49007
Certificate of Deposit Special - 12 Month
$10,000
4.35%
▲ 1.24% above Michigan avg
▼
Rate4.27%
Min Deposit$10,000
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average3.11%▲ 1.24% above avgNationally 2.99%
Details
Limited-time offer; brokered deposits not eligible; last updated 10/01/2026
Rate History
No change since Oct 7, 2026 · 4.35% APY · checked 6 times
Wolverine State Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.70%
1381 N Bagley St, Alpena, MI 49707 8101
1 YEAR YOUTH CD
$100
4.34%
▲ 1.23% above Michigan avg
▼
RateN/A
Min Deposit$100
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.11%▲ 1.23% above avgNationally 2.99%
Details
Youth account
Rate History
No change since Sep 14, 2026 · 4.34% APY · checked 7 times
Flagstar Bank, National Association
Institution Rating:
D3.3 ★Texas Ratio: 35.11%
1805 S Stephenson Ave, Iron Mountain, MI 49801
12-Month Business CD
$500
4.30%
▲ 1.19% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average3.11%▲ 1.19% above avgNationally 2.99%
Details
APY accurate as of 10/22/2026; maximum deposit $10 million; not available for public units; limited-time offer; early withdrawal penalties apply
Rate History
No change since Oct 14, 2026 · 4.30% APY · checked 3 times
Flagstar Bank, National Association
Institution Rating:
D3.3 ★Texas Ratio: 35.11%
1805 S Stephenson Ave, Iron Mountain, MI 49801
12-Month CD
$500
4.30%
▲ 1.19% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average3.11%▲ 1.19% above avgNationally 2.99%
Details
Rate History
1 change since Sep 14, 2026 · 3.80% → 4.30% ▲ 0.50 pts · high 4.30% / low 3.80%
- Oct 10, 20264.30%▲ from 3.80%
- Sep 14, 20263.80%first recorded
DOW
Institution Rating:
A+5.0 ★Texas Ratio: 1.26%
600 E Lyon Rd, Midland, MI 48640 5396
Simple CD - 12 Months
$500
4.30%
▲ 1.19% above Michigan avg
▼
Rate4.22%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.11%▲ 1.19% above avgNationally 2.99%
Details
Starting minimum deposit of $500; not eligible for Member Saver Reward
Rate History
No change since Oct 14, 2026 · 4.30% APY · checked 2 times
Chief Financial Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.98%
790 Joslyn Ave, Pontiac, MI 48340 2918
12 Month Share Certificate
$0
4.29%
▲ 1.18% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.11%▲ 1.18% above avgNationally 2.99%
Details
Special CD/Share Certificate Rates; Only new funds eligible for promotional rate. Qualifications apply.
Rate History
No change since Oct 8, 2026 · 4.29% APY · checked 2 times
Chief Financial Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.98%
790 Joslyn Ave, Pontiac, MI 48340 2918
Special Share Certificates - 12 Month
$0
4.29%
▲ 1.18% above Michigan avg
▼
Rate4.21%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.11%▲ 1.18% above avgNationally 2.99%
Details
Dividend rate 4.21%; APY 4.29%; A penalty may be imposed for early withdrawal
Rate History
No change since Oct 15, 2026 · 4.29% APY · checked 2 times
West Shore Bank
Institution Rating:
A5.0 ★Texas Ratio: 10.41%
201 W Loomis St, Ludington, MI 49431
CD Specials - 12 Month
$500
4.25%
▲ 1.14% above Michigan avg
▼
Rate4.18%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 21, 2026
Michigan Average3.11%▲ 1.14% above avgNationally 2.99%
Details
Minimum balance to open & obtain APY; APY is accurate as of 10/16/2026
Rate History
1 change since Sep 11, 2026 · 3.35% → 4.25% ▲ 0.90 pts · high 4.25% / low 3.35%
- Oct 21, 20264.25%▲ from 3.35%
- Sep 11, 20263.35%first recorded
TruNorth Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.74%
1419 N 2nd St, Ishpeming, MI 49849 1149
Jumbo Share Certificate - 12 months
$100,000
4.22%
▲ 1.11% above Michigan avg
▼
Rate4.15%
Min Deposit$100,000
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.11%▲ 1.11% above avgNationally 2.99%
Details
Minimum deposit of $100,000.00; Certificate specials will not renew at end of term; A penalty may be imposed for early withdrawal
Rate History
1 change since Sep 12, 2026 · 4.01% → 4.22% ▲ 0.21 pts · high 4.22% / low 4.01%
- Oct 4, 20264.22%▲ from 4.01%
- Sep 12, 20264.01%first recorded
Lake Huron Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.25%
1540 Tittabawassee Rd, Saginaw, MI 48604 9445
12 Month Certificate of Deposit
$0
4.19%
▲ 1.08% above Michigan avg
▼
Rate4.10%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.11%▲ 1.08% above avgNationally 2.99%
Details
Rate History
No change since Oct 13, 2026 · 4.19% APY · checked 2 times
Family Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.26%
4075 W Polk Rd, Hart, MI 49420 8177
Certificate of Deposit & IRA Certificate - Jumbo 12 Month
$25,000
4.18%
▲ 1.07% above Michigan avg
▼
Rate4.10%
Min Deposit$25,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.11%▲ 1.07% above avgNationally 2.99%
Details
Rate History
No change since Oct 13, 2026 · 4.18% APY · checked 2 times
Embers Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.40%
1001 W Baraga Ave, Marquette, MI 49855
12 Month Certificates
$1,000
4.15%
▲ 1.04% above Michigan avg
▼
RateN/A
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.11%▲ 1.04% above avgNationally 2.99%
Details
Dividends are paid monthly.
Rate History
1 change since Sep 26, 2026 · 3.75% → 4.15% ▲ 0.40 pts · high 4.15% / low 3.75%
- Oct 19, 20264.15%▲ from 3.75%
- Sep 26, 20263.75%first recorded
Gratiot Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.16%
211 W Center St, Alma, MI 48801 2206
12 Month Timed Certificate
$1,000
4.13%
▲ 1.02% above Michigan avg
▼
Rate4.05%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.11%▲ 1.02% above avgNationally 2.99%
Details
Rate History
No change since Oct 13, 2026 · 4.13% APY · checked 2 times
First Merchants Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.12%
10 Washington St, Monroe, MI 48161
12 Month Promo CD Special
$0
4.10%
▲ 0.99% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average3.11%▲ 0.99% above avgNationally 2.99%
Details
Open in Minutes; Rates may vary by zip code
Rate History
No change since Oct 22, 2026 · 4.10% APY
First State Bank (MI)
Institution Rating:
A5.0 ★Texas Ratio: 6.84%
16100 E 9 Mile Rd, Eastpointe, MI 48021
Jumbo CD - 1 Year
$0
4.10%
▲ 0.99% above Michigan avg
▼
Rate4.04%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average3.11%▲ 0.99% above avgNationally 2.99%
Details
Rates current as of October 20, 2026
Rate History
No change since Sep 19, 2026 · 4.10% APY · checked 9 times
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.88%
2929 3rd Ave N, Escanaba, MI 49829 4203
12 Month IRA Certificate
$0
4.10%
▲ 0.99% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.11%▲ 0.99% above avgNationally 2.99%
Details
IRA - Individual accounts only
Rate History
No change since Sep 16, 2026 · 4.10% APY · checked 6 times
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.88%
2929 3rd Ave N, Escanaba, MI 49829 4203
Certificate - 12 Months
$500
4.10%
▲ 0.99% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.11%▲ 0.99% above avgNationally 2.99%
Details
Substantial penalty for early withdrawals
Rate History
No change since Sep 16, 2026 · 4.10% APY · checked 7 times
North Central Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.83%
2665 Reserve Rd, Houghton Lake, MI 48629
12 MONTH CD
$50,000
4.10%
▲ 0.99% above Michigan avg
▼
RateN/A
Min Deposit$50,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.11%▲ 0.99% above avgNationally 2.99%
Details
Rate History
1 change since Sep 14, 2026 · 3.80% → 4.10% ▲ 0.30 pts · high 4.10% / low 3.80%
- Oct 9, 20264.10%▲ from 3.80%
- Sep 14, 20263.80%first recorded
Meijer Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.16%
2410 Gaynor Ave NW, Grand Rapids, MI 49544 1830
12 Month Certificate of Deposit
$0
4.10%
▲ 0.99% above Michigan avg
▼
Rate4.04%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.11%▲ 0.99% above avgNationally 2.99%
Details
APY includes .25% bonus for Meijer Team members, Meijer retirees and current MCU members
Rate History
1 change since Sep 14, 2026 · 3.90% → 4.10% ▲ 0.20 pts · high 4.10% / low 3.90%
- Oct 9, 20264.10%▲ from 3.90%
- Sep 14, 20263.90%first recorded
InTouch Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.58%
3355 University Dr, Auburn Hills, MI 48326
12-Month HYRC Certificate
$0
4.10%
▲ 0.99% above Michigan avg
▼
Rate4.02%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.11%▲ 0.99% above avgNationally 2.99%
Details
Qualifications Required; High-Yield Rewards Checking Account required; $1,000 minimum
Rate History
1 change since Sep 18, 2026 · 4.00% → 4.10% ▲ 0.10 pts · high 4.10% / low 4.00%
- Sep 27, 20264.10%▲ from 4.00%
- Sep 18, 20264.00%first recorded
Wolverine State Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.70%
1381 N Bagley St, Alpena, MI 49707 8101
1 YEAR CERTIFICATE
$500
4.08%
▲ 0.97% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.11%▲ 0.97% above avgNationally 2.99%
Details
Rate History
No change since Sep 14, 2026 · 4.08% APY · checked 7 times
Michigan Columbus Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.09%
30419 6 Mile Rd, Livonia, MI 48152 3460
12 Month CD
$0
4.07%
▲ 0.96% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.11%▲ 0.96% above avgNationally 2.99%
Details
Homepage rate guide
Rate History
No change since Oct 4, 2026 · 4.07% APY · checked 5 times
Directions Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.08%
3558 Sterns Rd, Lambertville, MI 48144
12 Month Certificate
$500
4.07%
▲ 0.96% above Michigan avg
▼
Rate4.00%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.11%▲ 0.96% above avgNationally 2.99%
Details
Effective 10/01/2026
Rate History
1 change since Sep 14, 2026 · 3.76% → 4.07% ▲ 0.31 pts · high 4.07% / low 3.76%
- Oct 9, 20264.07%▲ from 3.76%
- Sep 14, 20263.76%first recorded
Directions Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.08%
3558 Sterns Rd, Lambertville, MI 48144
12 Month Youth Certificate
$100
4.07%
▲ 0.96% above Michigan avg
▼
Rate4.00%
Min Deposit$100
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.11%▲ 0.96% above avgNationally 2.99%
Details
$100 initial deposit - Must be under 18 years of age; Effective 10/01/2026
Rate History
1 change since Sep 14, 2026 · 3.76% → 4.07% ▲ 0.31 pts · high 4.07% / low 3.76%
- Oct 9, 20264.07%▲ from 3.76%
- Sep 14, 20263.76%first recorded
Family Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.26%
4075 W Polk Rd, Hart, MI 49420 8177
Certificate of Deposit & IRA Certificate - 12 Month
$500
4.07%
▲ 0.96% above Michigan avg
▼
Rate4.00%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.11%▲ 0.96% above avgNationally 2.99%
Details
Rate History
No change since Sep 14, 2026 · 4.07% APY · checked 3 times
Alpena-Alcona Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.22%
1100 S Bagley St, Alpena, MI 49707 8104
12 Month Certificate
$500
4.06%
▲ 0.95% above Michigan avg
▼
Rate4.00%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average3.11%▲ 0.95% above avgNationally 2.99%
Details
Interest compounded and credited quarterly
Rate History
No change since Sep 18, 2026 · 4.06% APY · checked 8 times
Alpena-Alcona Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.22%
1100 S Bagley St, Alpena, MI 49707 8104
12 Month Youth Certificate
$100
4.06%
▲ 0.95% above Michigan avg
▼
Rate4.00%
Min Deposit$100
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average3.11%▲ 0.95% above avgNationally 2.99%
Details
Youth certificate (ages 19 and younger); interest compounded and credited quarterly
Rate History
No change since Oct 20, 2026 · 4.06% APY
Wayne Westland Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.80%
500 S Wayne Rd, Westland, MI 48186 4361
Certificate - 12 Months
$0
4.06%
▲ 0.95% above Michigan avg
▼
Rate3.99%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.11%▲ 0.95% above avgNationally 2.99%
Details
Rate History
No change since Sep 14, 2026 · 4.06% APY · checked 8 times
Muskegon Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.64%
65 W LAKETON AVE, MUSKEGON, MI 49441
IRA & Share Certificate 1 Year
$500
4.06%
▲ 0.95% above Michigan avg
▼
Rate4.00%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.11%▲ 0.95% above avgNationally 2.99%
Details
Rates effective 09/01/2025
Rate History
No change since Oct 12, 2026 · 4.06% APY · checked 2 times
Extra Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.32%
6611 Chicago Rd, Warren, MI 48092 1685
Fixed-Rate Certificate - 12 Months
$0
4.06%
▲ 0.95% above Michigan avg
▼
Rate4.00%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.11%▲ 0.95% above avgNationally 2.99%
Details
Dividends paid and compounded quarterly; penalty may be imposed for early withdrawal; 10-day grace period after maturity for auto-renewing accounts
Rate History
1 change since Sep 18, 2026 · 3.49% → 4.06% ▲ 0.57 pts · high 4.06% / low 3.49%
- Oct 19, 20264.06%▲ from 3.49%
- Sep 18, 20263.49%first recorded
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.45%
3030 S Adrian Hwy, Adrian, MI 49221
12 Month Certificate
$1,000
4.06%
▲ 0.95% above Michigan avg
▼
Rate4.00%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.11%▲ 0.95% above avgNationally 2.99%
Details
$1,000 minimum deposit to open and earn the stated APY; APYs as of 9/24/2026
Rate History
No change since Oct 9, 2026 · 4.06% APY · checked 4 times
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.45%
3030 S Adrian Hwy, Adrian, MI 49221
12 Month IRA Certificate
$1,000
4.06%
▲ 0.95% above Michigan avg
▼
Rate4.00%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.11%▲ 0.95% above avgNationally 2.99%
Details
$1,000 minimum deposit to open and earn the stated APY; APYs as of 9/24/2026
Rate History
1 change since Sep 18, 2026 · 3.60% → 4.06% ▲ 0.46 pts · high 4.06% / low 3.60%
- Oct 19, 20264.06%▲ from 3.60%
- Sep 18, 20263.60%first recorded
Lake Huron Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.25%
1540 Tittabawassee Rd, Saginaw, MI 48604 9445
12 Month YOUTH Certificate
$0
4.06%
▲ 0.95% above Michigan avg
▼
Rate4.00%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.11%▲ 0.95% above avgNationally 2.99%
Details
Youth certificate
Rate History
No change since Sep 18, 2026 · 4.06% APY · checked 3 times
ABD Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.28%
27850 MOUND RD, WARREN, MI 48092
Certificate - 1 Year
$0
4.06%
▲ 0.95% above Michigan avg
▼
Rate4.00%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.11%▲ 0.95% above avgNationally 2.99%
Details
Mini Investment: $50,000; Effective Date: November 25th, 2024
Rate History
No change since Oct 19, 2026 · 4.06% APY
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.64%
3777 West Rd, East Lansing, MI 48823 8029
1-Year Add-On Certificate or IRA-HSA Jumbo
$0
4.05%
▲ 0.94% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.11%▲ 0.94% above avgNationally 2.99%
Details
Valid thru 10/25/2026
Rate History
1 change since Sep 18, 2026 · 3.75% → 4.05% ▲ 0.30 pts · high 4.05% / low 3.75%
- Sep 25, 20264.05%▲ from 3.75%
- Sep 18, 20263.75%first recorded
Huron Valley State Bank
Institution Rating:
A-5.0 ★Texas Ratio: 14.74%
130 S Milford Rd, Milford, MI 48381
Certificate of Deposit - 1 Year
$0
4.01%
▲ 0.90% above Michigan avg
▼
Rate3.95%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 21, 2026
Michigan Average3.11%▲ 0.90% above avgNationally 2.99%
Details
Balance: $500 - $49,999.99
Rate History
1 change since Sep 24, 2026 · 3.91% → 4.01% ▲ 0.10 pts · high 4.01% / low 3.91%
- Oct 3, 20264.01%▲ from 3.91%
- Sep 24, 20263.91%first recorded
Michigan 18 Month CD Rates
MonitorBankRates Michigan Average · 18 Month CD3.04% APY▼ 0.03% from last weekNational 2.88%
The average 18-month CD rate in Michigan is 3.04% APY, compared with 2.88% nationally, as of October 25, 2026. Figures are compiled by MonitorBankRates from more than 8,500 U.S. banks and credit unions.
Source: Verified CD Rate Data provided by MonitorBankRates
Institution
Product
Min Deposit
APY
Profile
FreeStar Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.11%
37570 S Gratiot Ave, Clinton Township, MI 48036
18-Month Special - Military
$0
5.25%
▲ 2.21% above Michigan avg
▼
Rate5.13%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 2.21% above avgNationally 2.88%
Details
Military rate; requires full direct deposit of $2,000 or more into checking; military status verification required; At maturity, the CD will be renewed into a 24-month CD.
Rate History
No change since Oct 9, 2026 · 5.25% APY · checked 4 times
Christian Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.21%
8171 E 10 Mile Rd, Center Line, MI 48015 1449
18 Month Certificate
$500
4.50%
▲ 1.46% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.46% above avgNationally 2.88%
Details
Dividends compounded and credited monthly; Rates effective as of October 19, 2026
Rate History
1 change since Sep 14, 2026 · 4.10% → 4.50% ▲ 0.40 pts · high 4.50% / low 4.10%
- Sep 29, 20264.50%▲ from 4.10%
- Sep 14, 20264.10%first recorded
Christian Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.21%
8171 E 10 Mile Rd, Center Line, MI 48015 1449
Certificates of Deposit - 18 Month
$0
4.50%
▲ 1.46% above Michigan avg
▼
Rate4.41%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.46% above avgNationally 2.88%
Details
Rate History
No change since Oct 13, 2026 · 4.50% APY · checked 2 times
CIBC
Institution Rating:
A+5.0 ★Texas Ratio: 5.05%
34901 Woodward Ave, Birmingham, MI 48009
18-month CD
$1,000
4.45%
▲ 1.41% above Michigan avg
▼
RateN/A
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average3.04%▲ 1.41% above avgNationally 2.88%
Details
Online Only; 30-day penalty if withdrawn before maturity
Rate History
2 changes since Sep 14, 2026 · 4.00% → 4.45% ▲ 0.45 pts · high 4.45% / low 4.00%
- Oct 20, 20264.45%▲ from 4.15%
- Sep 24, 20264.15%▲ from 4.00%
- Sep 14, 20264.00%first recorded
First National Bank of America (FNBA)
Institution Rating:
B-4.3 ★Texas Ratio: 23.12%
241 E Saginaw St, East Lansing, MI 48823
Certificate of Deposit - 18 Month
$0
4.40%
▲ 1.36% above Michigan avg
▼
Rate4.33%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average3.04%▲ 1.36% above avgNationally 2.88%
Details
Rate History
2 changes since Sep 18, 2026 · 4.20% → 4.40% ▲ 0.20 pts · high 4.40% / low 4.20%
- Oct 14, 20264.40%▲ from 4.30%
- Sep 24, 20264.30%▲ from 4.20%
- Sep 18, 20264.20%first recorded
First National Bank of America (FNBA)
Institution Rating:
B-4.3 ★Texas Ratio: 23.12%
241 E Saginaw St, East Lansing, MI 48823
Time Certificate of Deposit - 18 Month
$0
4.40%
▲ 1.36% above Michigan avg
▼
Rate4.33%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average3.04%▲ 1.36% above avgNationally 2.88%
Details
East Lansing Rates
Rate History
1 change since Oct 7, 2026 · 4.30% → 4.40% ▲ 0.10 pts · high 4.40% / low 4.30%
- Oct 14, 20264.40%▲ from 4.30%
- Oct 7, 20264.30%first recorded
Chief Financial Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.98%
790 Joslyn Ave, Pontiac, MI 48340 2918
18 Month Share Certificate
$0
4.29%
▲ 1.25% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.04%▲ 1.25% above avgNationally 2.88%
Details
Special CD/Share Certificate Rates; Only new funds eligible for promotional rate. Qualifications apply.
Rate History
No change since Oct 8, 2026 · 4.29% APY · checked 2 times
Chief Financial Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.98%
790 Joslyn Ave, Pontiac, MI 48340 2918
Special Share Certificates - 18 Month
$0
4.29%
▲ 1.25% above Michigan avg
▼
Rate4.21%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.04%▲ 1.25% above avgNationally 2.88%
Details
Dividend rate 4.21%; APY 4.29%; A penalty may be imposed for early withdrawal
Rate History
No change since Oct 15, 2026 · 4.29% APY · checked 2 times
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.28%
S216 Menominee St, Stephenson, MI 49887
Relationship CD - 18 Month
$2,500
4.25%
▲ 1.21% above Michigan avg
▼
Rate4.18%
Min Deposit$2,500
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average3.04%▲ 1.21% above avgNationally 2.88%
Details
Relationship CD; relationship defined as Direct Deposit Checking; Minimum $2500 to open
Rate History
1 change since Sep 14, 2026 · 4.10% → 4.25% ▲ 0.15 pts · high 4.25% / low 4.10%
- Sep 24, 20264.25%▲ from 4.10%
- Sep 14, 20264.10%first recorded
FreeStar Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.11%
37570 S Gratiot Ave, Clinton Township, MI 48036
18 Month Certificate Special
$0
4.25%
▲ 1.21% above Michigan avg
▼
Rate4.17%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.21% above avgNationally 2.88%
Details
At maturity, the CD will be renewed into a 24-month CD.
Rate History
No change since Oct 19, 2026 · 4.25% APY
Flagstar Bank, National Association
Institution Rating:
D3.3 ★Texas Ratio: 35.11%
1805 S Stephenson Ave, Iron Mountain, MI 49801
18-Month CD
$500
4.25%
▲ 1.21% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average3.04%▲ 1.21% above avgNationally 2.88%
Details
Rate History
No change since Oct 10, 2026 · 4.25% APY · checked 4 times
DOW
Institution Rating:
A+5.0 ★Texas Ratio: 1.26%
600 E Lyon Rd, Midland, MI 48640 5396
Simple CD - 18 Months
$500
4.25%
▲ 1.21% above Michigan avg
▼
Rate4.17%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.21% above avgNationally 2.88%
Details
Starting minimum deposit of $500; not eligible for Member Saver Reward
Rate History
No change since Oct 14, 2026 · 4.25% APY · checked 2 times
First Merchants Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.12%
10 Washington St, Monroe, MI 48161
18 Month Promo CD Special
$0
4.15%
▲ 1.11% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average3.04%▲ 1.11% above avgNationally 2.88%
Details
Open in Minutes
Rate History
No change since Oct 22, 2026 · 4.15% APY
Southern Michigan Bank & Trust
Institution Rating:
A5.0 ★Texas Ratio: 8.82%
45 W Pearl St, Coldwater, MI 49036
18 Month CD - With Early Withdrawal Penalty
$500
4.15%
▲ 1.11% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average3.04%▲ 1.11% above avgNationally 2.88%
Details
Early withdrawal penalty equal to six months' interest; renews at then-current 12-month CD term rate at maturity; APY accurate as of October 15, 2026
Rate History
No change since Oct 22, 2026 · 4.15% APY
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.64%
3777 West Rd, East Lansing, MI 48823 8029
18 Month Certificate or IRA-HSA Jumbo
$0
4.15%
▲ 1.11% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.04%▲ 1.11% above avgNationally 2.88%
Details
Valid thru 10/25/2026
Rate History
1 change since Sep 18, 2026 · 3.85% → 4.15% ▲ 0.30 pts · high 4.15% / low 3.85%
- Sep 25, 20264.15%▲ from 3.85%
- Sep 18, 20263.85%first recorded
Embers Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.40%
1001 W Baraga Ave, Marquette, MI 49855
18 Month Certificates
$1,000
4.15%
▲ 1.11% above Michigan avg
▼
RateN/A
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.11% above avgNationally 2.88%
Details
Dividends are paid monthly.
Rate History
1 change since Sep 26, 2026 · 3.75% → 4.15% ▲ 0.40 pts · high 4.15% / low 3.75%
- Oct 19, 20264.15%▲ from 3.75%
- Sep 26, 20263.75%first recorded
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.88%
2929 3rd Ave N, Escanaba, MI 49829 4203
18 Month IRA Certificate
$0
4.10%
▲ 1.06% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.04%▲ 1.06% above avgNationally 2.88%
Details
IRA - Individual accounts only
Rate History
No change since Sep 16, 2026 · 4.10% APY · checked 6 times
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.88%
2929 3rd Ave N, Escanaba, MI 49829 4203
Certificate - 18 Months
$500
4.10%
▲ 1.06% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.04%▲ 1.06% above avgNationally 2.88%
Details
Substantial penalty for early withdrawals
Rate History
No change since Sep 16, 2026 · 4.10% APY · checked 7 times
Walled Lake Schools Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.30%
3095 S Commerce Rd, Wolverine Lake, MI 48390 1418
Share Certificate - 18 Months
$1,000
4.10%
▲ 1.06% above Michigan avg
▼
Rate4.10%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.04%▲ 1.06% above avgNationally 2.88%
Details
*APR = Annual Percentage Rate; **APY = Annual Percentage Yield
Rate History
No change since Sep 12, 2026 · 4.10% APY · checked 9 times
Directions Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.08%
3558 Sterns Rd, Lambertville, MI 48144
18 Month Certificate
$500
4.07%
▲ 1.03% above Michigan avg
▼
Rate4.00%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.03% above avgNationally 2.88%
Details
Effective 10/01/2026
Rate History
1 change since Sep 14, 2026 · 3.87% → 4.07% ▲ 0.20 pts · high 4.07% / low 3.87%
- Oct 9, 20264.07%▲ from 3.87%
- Sep 14, 20263.87%first recorded
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
Jumbo and Jumbo IRA Certificates - 18 Months
$0
4.01%
▲ 0.97% above Michigan avg
▼
Rate3.95%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 0.97% above avgNationally 2.88%
Details
Balance: $100,000 and over; Penalty for early withdrawal
Rate History
No change since Sep 14, 2026 · 4.01% APY · checked 3 times
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
Jumbo Certificate - 18 Months
$100,000
4.01%
▲ 0.97% above Michigan avg
▼
Rate3.95%
Min Deposit$100,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 0.97% above avgNationally 2.88%
Details
Minimum balance $100,000 to open and earn APY; penalty for early withdrawal
Rate History
No change since Oct 19, 2026 · 4.01% APY
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.64%
3777 West Rd, East Lansing, MI 48823 8029
18 Month Certificate or IRA-HSA
$0
4.00%
▲ 0.96% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.04%▲ 0.96% above avgNationally 2.88%
Details
Valid thru 10/25/2026
Rate History
1 change since Sep 18, 2026 · 3.70% → 4.00% ▲ 0.30 pts · high 4.00% / low 3.70%
- Sep 25, 20264.00%▲ from 3.70%
- Sep 18, 20263.70%first recorded
Dearborn Federal Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.64%
22315 Michigan Ave, Dearborn, MI 48124
18 Month Variable Rate IRA
$100
3.96%
▲ 0.92% above Michigan avg
▼
Rate3.89%
Min Deposit$100
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average3.04%▲ 0.92% above avgNationally 2.88%
Details
IRA; Daily Balance: $100; The interest rate and APY may change after account opening
Rate History
1 change since Sep 14, 2026 · 3.79% → 3.96% ▲ 0.17 pts · high 3.96% / low 3.79%
- Oct 3, 20263.96%▲ from 3.79%
- Sep 14, 20263.79%first recorded
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
18 Month Term Certificate
$500
3.96%
▲ 0.92% above Michigan avg
▼
Rate3.90%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 0.92% above avgNationally 2.88%
Details
Penalty for early withdrawal
Rate History
No change since Oct 10, 2026 · 3.96% APY · checked 2 times
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
IRA Certificate - 18 Months
$500
3.96%
▲ 0.92% above Michigan avg
▼
Rate3.90%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 0.92% above avgNationally 2.88%
Details
$500 minimum balance to open and earn APY; Penalty for early withdrawal; Source caption reads IRA Certificates but rows sit under Term Certificates $500 and Above heading
Rate History
No change since Sep 18, 2026 · 3.96% APY · checked 6 times
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
Term Certificate - 18 Months
$500
3.96%
▲ 0.92% above Michigan avg
▼
Rate3.90%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 0.92% above avgNationally 2.88%
Details
Term Certificates $500 and Above; Penalty for early withdrawal
Rate History
No change since Sep 14, 2026 · 3.96% APY · checked 8 times
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.28%
S216 Menominee St, Stephenson, MI 49887
CD - 18 Month
$2,500
3.95%
▲ 0.91% above Michigan avg
▼
Rate3.89%
Min Deposit$2,500
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average3.04%▲ 0.91% above avgNationally 2.88%
Details
Minimum $2500 to open
Rate History
1 change since Sep 14, 2026 · 3.80% → 3.95% ▲ 0.15 pts · high 3.95% / low 3.80%
- Sep 24, 20263.95%▲ from 3.80%
- Sep 14, 20263.80%first recorded
Superior National Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.32%
235 Quincy St, Hancock, MI 49930
18 Month CD
$500
3.95%
▲ 0.91% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average3.04%▲ 0.91% above avgNationally 2.88%
Details
APY compounded quarterly; A penalty may be imposed for early withdrawal
Rate History
1 change since Sep 19, 2026 · 3.75% → 3.95% ▲ 0.20 pts · high 3.95% / low 3.75%
- Oct 14, 20263.95%▲ from 3.75%
- Sep 19, 20263.75%first recorded
Michigan United Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.54%
576 E Lincoln St, Birmingham, MI 48009 1757
18 Month CD
$10,000
3.91%
▲ 0.87% above Michigan avg
▼
Rate3.85%
Min Deposit$10,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 0.87% above avgNationally 2.88%
Details
Rate History
No change since Sep 14, 2026 · 3.91% APY · checked 7 times
Michigan United Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.54%
576 E Lincoln St, Birmingham, MI 48009 1757
18 Month IRA CD
$4,000
3.91%
▲ 0.87% above Michigan avg
▼
Rate3.85%
Min Deposit$4,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 0.87% above avgNationally 2.88%
Details
IRA
Rate History
No change since Sep 14, 2026 · 3.91% APY · checked 7 times
Southern Michigan Bank & Trust
Institution Rating:
A5.0 ★Texas Ratio: 8.82%
45 W Pearl St, Coldwater, MI 49036
18 Month CD - No Early Withdrawal Penalty
$500
3.90%
▲ 0.86% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average3.04%▲ 0.86% above avgNationally 2.88%
Details
No early withdrawal penalty during initial term; renews at then-current 12-month CD term rate at maturity; APY accurate as of October 15, 2026
Rate History
No change since Oct 22, 2026 · 3.90% APY
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.88%
2929 3rd Ave N, Escanaba, MI 49829 4203
Certificate - 18 Month Jump Rate Certificate
$500
3.85%
▲ 0.81% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.04%▲ 0.81% above avgNationally 2.88%
Details
Rate Jump certificate; may opt into a new rate once per term if rates increase within the term; Substantial penalty for early withdrawals
Rate History
No change since Oct 23, 2026 · 3.85% APY
Route 31 Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.80%
715 Terrace St, Muskegon, MI 49440
Business 31 Certificate of Deposit - 18 month
$0
3.85%
▲ 0.81% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.04%▲ 0.81% above avgNationally 2.88%
Details
Minimum $500 balance to earn dividend. Penalty for early withdrawal.
Rate History
No change since Sep 14, 2026 · 3.85% APY · checked 7 times
Northland Area Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
201 E M 55, Tawas City, MI 48763
Compounding Certificates - 18 Month
$0
3.85%
▲ 0.81% above Michigan avg
▼
Rate3.80%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.04%▲ 0.81% above avgNationally 2.88%
Details
Dividends paid and compounded quarterly; penalty may apply for early withdrawal
Rate History
No change since Sep 14, 2026 · 3.85% APY · checked 4 times
Sovita Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.45%
4411 Calkins Rd, Flint, MI 48532
Certificate of Deposit - 18 Months
$500
3.85%
▲ 0.81% above Michigan avg
▼
Rate3.80%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 0.81% above avgNationally 2.88%
Details
Regular & IRA; Interest paid & compounded quarterly
Rate History
1 change since Sep 21, 2026 · 3.80% → 3.85% ▲ 0.05 pts · high 3.85% / low 3.80%
- Oct 19, 20263.85%▲ from 3.80%
- Sep 21, 20263.80%first recorded
Michigan United Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.54%
576 E Lincoln St, Birmingham, MI 48009 1757
18 Month CD
$500
3.85%
▲ 0.81% above Michigan avg
▼
Rate3.80%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 0.81% above avgNationally 2.88%
Details
Rate History
No change since Sep 14, 2026 · 3.85% APY · checked 7 times
Michigan United Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.54%
576 E Lincoln St, Birmingham, MI 48009 1757
18 Month IRA CD
$500
3.85%
▲ 0.81% above Michigan avg
▼
Rate3.80%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 0.81% above avgNationally 2.88%
Details
IRA
Rate History
No change since Sep 14, 2026 · 3.85% APY · checked 7 times
Alpena-Alcona Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.22%
1100 S Bagley St, Alpena, MI 49707 8104
18 Month Certificate
$500
3.80%
▲ 0.76% above Michigan avg
▼
Rate3.75%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average3.04%▲ 0.76% above avgNationally 2.88%
Details
Interest compounded and credited quarterly
Rate History
No change since Sep 18, 2026 · 3.80% APY · checked 8 times
Alpena-Alcona Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.22%
1100 S Bagley St, Alpena, MI 49707 8104
18 Month Youth Certificate
$100
3.80%
▲ 0.76% above Michigan avg
▼
Rate3.75%
Min Deposit$100
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average3.04%▲ 0.76% above avgNationally 2.88%
Details
Youth certificate (ages 19 and younger); interest compounded and credited quarterly
Rate History
No change since Oct 20, 2026 · 3.80% APY
Northland Area Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
201 E M 55, Tawas City, MI 48763
Non-Compounding Certificate - 18 Month
$0
3.80%
▲ 0.76% above Michigan avg
▼
Rate3.80%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.04%▲ 0.76% above avgNationally 2.88%
Details
Dividends do not compound; We may impose a penalty if you withdraw funds before the maturity date.
Rate History
No change since Oct 15, 2026 · 3.80% APY · checked 2 times
Sovita Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.45%
4411 Calkins Rd, Flint, MI 48532
18 Month Business Certificate of Deposit
$2,500
3.80%
▲ 0.76% above Michigan avg
▼
Rate3.80%
Min Deposit$2,500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 0.76% above avgNationally 2.88%
Details
CD Type: Regular; APY (interest paid at maturity): N/A; APY (interest paid monthly): 3.80%; APY (interest paid quarterly): 3.80%; APY (interest paid & compounded quarterly): 3.85%; Annual Interest Rate: 3.80%
Rate History
No change since Oct 19, 2026 · 3.80% APY
Sovita Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.45%
4411 Calkins Rd, Flint, MI 48532
Certificate of Deposit - 18 Months
$500
3.80%
▲ 0.76% above Michigan avg
▼
Rate3.80%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 0.76% above avgNationally 2.88%
Details
Regular & IRA; Interest paid monthly
Rate History
No change since Sep 21, 2026 · 3.80% APY · checked 2 times
InTouch Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.58%
3355 University Dr, Auburn Hills, MI 48326
18-Month Certificate
$0
3.80%
▲ 0.76% above Michigan avg
▼
Rate3.74%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 0.76% above avgNationally 2.88%
Details
$1,000 minimum
Rate History
1 change since Sep 18, 2026 · 3.70% → 3.80% ▲ 0.10 pts · high 3.80% / low 3.70%
- Sep 27, 20263.80%▲ from 3.70%
- Sep 18, 20263.70%first recorded
Ukrainian Selfreliance Michigan Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.83%
26791 Ryan Rd, Warren, MI 48091 4073
18 Month Certificate
$0
3.79%
▲ 0.75% above Michigan avg
▼
Rate3.75%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.04%▲ 0.75% above avgNationally 2.88%
Details
Balance: $500.00 minimum; Certificate rates include Regular CD's, Coverdell, Roth & Traditional IRA CD's; Penalty may apply for early withdrawal
Rate History
1 change since Sep 20, 2026 · 3.54% → 3.79% ▲ 0.25 pts · high 3.79% / low 3.54%
- Oct 4, 20263.79%▲ from 3.54%
- Sep 20, 20263.54%first recorded
Ukrainian Selfreliance Michigan Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.83%
26791 Ryan Rd, Warren, MI 48091 4073
Share Certificate - 18 months
$0
3.79%
▲ 0.75% above Michigan avg
▼
Rate3.75%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.04%▲ 0.75% above avgNationally 2.88%
Details
Balance: $500.00 and over; Regular CD, Coverdell, Roth & Traditional IRA CDs
Rate History
1 change since Sep 12, 2026 · 3.54% → 3.79% ▲ 0.25 pts · high 3.79% / low 3.54%
- Oct 4, 20263.79%▲ from 3.54%
- Sep 12, 20263.54%first recorded
Adventure Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.17%
630 32nd St SE, Grand Rapids, MI 49548 2306
18 month CD
$500
3.70%
▲ 0.66% above Michigan avg
▼
Rate3.65%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 0.66% above avgNationally 2.88%
Details
Effective Date: October 1, 2026; Early withdrawal penalty: 180-days loss of interest
Rate History
1 change since Sep 14, 2026 · 3.50% → 3.70% ▲ 0.20 pts · high 3.70% / low 3.50%
- Oct 19, 20263.70%▲ from 3.50%
- Sep 14, 20263.50%first recorded
Adventure Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.17%
630 32nd St SE, Grand Rapids, MI 49548 2306
18-Month CD
$500
3.70%
▲ 0.66% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 0.66% above avgNationally 2.88%
Details
CD laddering example rate; Early withdrawal penalty 180-days loss of interest
Rate History
1 change since Sep 18, 2026 · 3.50% → 3.70% ▲ 0.20 pts · high 3.70% / low 3.50%
- Oct 9, 20263.70%▲ from 3.50%
- Sep 18, 20263.50%first recorded
Consumers Professional Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.02%
525 W Willow St, Lansing, MI 48906 4745
18 Month Certificate of Deposit
$1,000
3.70%
▲ 0.66% above Michigan avg
▼
Rate3.65%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 0.66% above avgNationally 2.88%
Details
Balance: $50,000 and above
Rate History
1 change since Sep 14, 2026 · 3.60% → 3.70% ▲ 0.10 pts · high 3.70% / low 3.60%
- Oct 19, 20263.70%▲ from 3.60%
- Sep 14, 20263.60%first recorded
Consumers Professional Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.02%
525 W Willow St, Lansing, MI 48906 4745
18 Month Certificates & IRA Certificates of Deposit
$1,000
3.70%
▲ 0.66% above Michigan avg
▼
Rate3.65%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 0.66% above avgNationally 2.88%
Details
Balance: $50,000 and above; Minimum Balance to open: $1,000.00
Rate History
1 change since Sep 14, 2026 · 3.60% → 3.70% ▲ 0.10 pts · high 3.70% / low 3.60%
- Oct 9, 20263.70%▲ from 3.60%
- Sep 14, 20263.60%first recorded
Michigan 24 Month CD Rates
MonitorBankRates Michigan Average · 24 Month CD2.96% APY▼ 0.02% from last weekNational 2.90%
The average 24-month CD rate in Michigan is 2.96% APY, compared with 2.90% nationally, as of October 25, 2026. Figures are compiled by MonitorBankRates from more than 8,500 U.S. banks and credit unions.
Source: Verified CD Rate Data provided by MonitorBankRates
Institution
Product
Min Deposit
APY
Profile
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.28%
S216 Menominee St, Stephenson, MI 49887
Relationship CD - 24 Month
$2,500
4.50%
▲ 1.54% above Michigan avg
▼
Rate4.43%
Min Deposit$2,500
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average2.96%▲ 1.54% above avgNationally 2.90%
Details
Relationship CD; relationship defined as Direct Deposit Checking; Minimum $2500 to open
Rate History
1 change since Sep 14, 2026 · 4.15% → 4.50% ▲ 0.35 pts · high 4.50% / low 4.15%
- Sep 24, 20264.50%▲ from 4.15%
- Sep 14, 20264.15%first recorded
Lake Huron Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.25%
1540 Tittabawassee Rd, Saginaw, MI 48604 9445
24 Month Certificate of Deposit
$0
4.50%
▲ 1.54% above Michigan avg
▼
Rate4.40%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.96%▲ 1.54% above avgNationally 2.90%
Details
Rate History
No change since Oct 13, 2026 · 4.50% APY · checked 2 times
Christian Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.21%
8171 E 10 Mile Rd, Center Line, MI 48015 1449
24 Month Certificate
$500
4.50%
▲ 1.54% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.96%▲ 1.54% above avgNationally 2.90%
Details
Dividends compounded and credited monthly; Rates effective as of October 19, 2026
Rate History
2 changes since Sep 18, 2026 · 4.20% → 4.50% ▲ 0.30 pts · high 4.50% / low 4.20%
- Sep 29, 20264.50%▲ from 4.40%
- Sep 22, 20264.40%▲ from 4.20%
- Sep 18, 20264.20%first recorded
Christian Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.21%
8171 E 10 Mile Rd, Center Line, MI 48015 1449
Certificates of Deposit - 24 Month
$0
4.50%
▲ 1.54% above Michigan avg
▼
Rate4.41%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.96%▲ 1.54% above avgNationally 2.90%
Details
Rate History
No change since Oct 13, 2026 · 4.50% APY · checked 2 times
Chief Financial Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.98%
790 Joslyn Ave, Pontiac, MI 48340 2918
24 Month Share Certificate
$0
4.45%
▲ 1.49% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.96%▲ 1.49% above avgNationally 2.90%
Details
Special CD/Share Certificate Rates; Only new funds eligible for promotional rate. Qualifications apply.
Rate History
No change since Oct 8, 2026 · 4.45% APY · checked 2 times
Chief Financial Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.98%
790 Joslyn Ave, Pontiac, MI 48340 2918
Special Share Certificates - 24 Month
$0
4.45%
▲ 1.49% above Michigan avg
▼
Rate4.36%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.96%▲ 1.49% above avgNationally 2.90%
Details
Dividend rate 4.36%; APY 4.45%; A penalty may be imposed for early withdrawal
Rate History
No change since Oct 15, 2026 · 4.45% APY · checked 2 times
First National Bank of America (FNBA)
Institution Rating:
B-4.3 ★Texas Ratio: 23.12%
241 E Saginaw St, East Lansing, MI 48823
Certificate of Deposit - 24 Month
$0
4.40%
▲ 1.44% above Michigan avg
▼
Rate4.33%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.96%▲ 1.44% above avgNationally 2.90%
Details
Rate History
2 changes since Sep 18, 2026 · 4.00% → 4.40% ▲ 0.40 pts · high 4.40% / low 4.00%
- Oct 14, 20264.40%▲ from 4.30%
- Sep 24, 20264.30%▲ from 4.00%
- Sep 18, 20264.00%first recorded
First National Bank of America (FNBA)
Institution Rating:
B-4.3 ★Texas Ratio: 23.12%
241 E Saginaw St, East Lansing, MI 48823
Time Certificate of Deposit - 24 Month
$0
4.40%
▲ 1.44% above Michigan avg
▼
Rate4.33%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.96%▲ 1.44% above avgNationally 2.90%
Details
East Lansing Rates
Rate History
1 change since Oct 7, 2026 · 4.30% → 4.40% ▲ 0.10 pts · high 4.40% / low 4.30%
- Oct 14, 20264.40%▲ from 4.30%
- Oct 7, 20264.30%first recorded
Dfcu Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.86%
400 Town Center Dr, Dearborn, MI 48126
2 year Business Share Certificates
$0
4.40%
▲ 1.44% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.96%▲ 1.44% above avgNationally 2.90%
Details
Balance: $1,000 to $24,999
Rate History
No change since Oct 13, 2026 · 4.40% APY · checked 2 times
Dfcu Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.86%
400 Town Center Dr, Dearborn, MI 48126
2 year Share Certificates
$1,000
4.40%
▲ 1.44% above Michigan avg
▼
RateN/A
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.96%▲ 1.44% above avgNationally 2.90%
Details
Balance: $1,000 to $24,999; Tier 1; Dividends compounded and paid quarterly
Rate History
No change since Oct 13, 2026 · 4.40% APY · checked 2 times
DOW
Institution Rating:
A+5.0 ★Texas Ratio: 1.26%
600 E Lyon Rd, Midland, MI 48640 5396
Simple CD - 24 Months
$500
4.40%
▲ 1.44% above Michigan avg
▼
Rate4.31%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.96%▲ 1.44% above avgNationally 2.90%
Details
Starting minimum deposit of $500; not eligible for Member Saver Reward
Rate History
No change since Oct 14, 2026 · 4.40% APY · checked 2 times
CIBC
Institution Rating:
A+5.0 ★Texas Ratio: 5.05%
34901 Woodward Ave, Birmingham, MI 48009
24-month CD
$1,000
4.35%
▲ 1.39% above Michigan avg
▼
RateN/A
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.96%▲ 1.39% above avgNationally 2.90%
Details
Online Only; 30-day penalty if withdrawn before maturity
Rate History
2 changes since Sep 14, 2026 · 3.00% → 4.35% ▲ 1.35 pts · high 4.35% / low 3.00%
- Oct 20, 20264.35%▲ from 4.00%
- Sep 24, 20264.00%▲ from 3.00%
- Sep 14, 20263.00%first recorded
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.45%
3030 S Adrian Hwy, Adrian, MI 49221
24 Month Certificate - Platinum Member Specials
$1,000
4.32%
▲ 1.36% above Michigan avg
▼
Rate4.25%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.96%▲ 1.36% above avgNationally 2.90%
Details
Platinum Membership rate; requires 3 of 4 services: Checking, Debit Card, Online Banking, Direct Deposit; $1,000 minimum deposit; APYs as of 9/24/2026
Rate History
No change since Oct 19, 2026 · 4.32% APY
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.45%
3030 S Adrian Hwy, Adrian, MI 49221
24 Month IRA Certificate - Platinum Member Specials
$1,000
4.32%
▲ 1.36% above Michigan avg
▼
Rate4.25%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.96%▲ 1.36% above avgNationally 2.90%
Details
Platinum Membership rate; requires 3 of 4 services: Checking, Debit Card, Online Banking, Direct Deposit; $1,000 minimum deposit; APYs as of 9/24/2026
Rate History
No change since Oct 19, 2026 · 4.32% APY
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.64%
3777 West Rd, East Lansing, MI 48823 8029
2-Year Certificate or IRA-HSA Jumbo
$0
4.30%
▲ 1.34% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.96%▲ 1.34% above avgNationally 2.90%
Details
Valid thru 10/25/2026
Rate History
1 change since Sep 18, 2026 · 4.15% → 4.30% ▲ 0.15 pts · high 4.30% / low 4.15%
- Sep 25, 20264.30%▲ from 4.15%
- Sep 18, 20264.15%first recorded
TruNorth Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.74%
1419 N 2nd St, Ishpeming, MI 49849 1149
Jumbo Share Certificate - 24 months
$100,000
4.27%
▲ 1.31% above Michigan avg
▼
Rate4.20%
Min Deposit$100,000
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.96%▲ 1.31% above avgNationally 2.90%
Details
Minimum deposit of $100,000.00; Certificate specials will not renew at end of term; A penalty may be imposed for early withdrawal
Rate History
1 change since Sep 12, 2026 · 3.91% → 4.27% ▲ 0.36 pts · high 4.27% / low 3.91%
- Oct 4, 20264.27%▲ from 3.91%
- Sep 12, 20263.91%first recorded
First Merchants Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.12%
10 Washington St, Monroe, MI 48161
24 Month CD/IRA Special
$0
4.25%
▲ 1.29% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average2.96%▲ 1.29% above avgNationally 2.90%
Details
24-month CD/IRA Promotional Rate; Rates may vary by zip code; APY effective 9/24/2026 for a limited time; IRAs are for individuals only; substantial penalty for early withdrawal
Rate History
No change since Oct 20, 2026 · 4.25% APY · checked 2 times
First Merchants Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.12%
10 Washington St, Monroe, MI 48161
24 Month Promo CD Special
$0
4.25%
▲ 1.29% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average2.96%▲ 1.29% above avgNationally 2.90%
Details
APY effective 9/24/2026 for a limited time; Rates may vary by zip code; Open in Minutes
Rate History
No change since Oct 22, 2026 · 4.25% APY
Meijer Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.16%
2410 Gaynor Ave NW, Grand Rapids, MI 49544 1830
24 Month Certificate of Deposit
$0
4.25%
▲ 1.29% above Michigan avg
▼
Rate4.18%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.96%▲ 1.29% above avgNationally 2.90%
Details
APY includes .25% bonus for Meijer Team members, Meijer retirees and current MCU members
Rate History
1 change since Sep 14, 2026 · 3.90% → 4.25% ▲ 0.35 pts · high 4.25% / low 3.90%
- Oct 9, 20264.25%▲ from 3.90%
- Sep 14, 20263.90%first recorded
Flagstar Bank, National Association
Institution Rating:
D3.3 ★Texas Ratio: 35.11%
1805 S Stephenson Ave, Iron Mountain, MI 49801
24-Month CD
$500
4.25%
▲ 1.29% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average2.96%▲ 1.29% above avgNationally 2.90%
Details
Rate History
1 change since Sep 14, 2026 · 3.70% → 4.25% ▲ 0.55 pts · high 4.25% / low 3.70%
- Oct 10, 20264.25%▲ from 3.70%
- Sep 14, 20263.70%first recorded
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.28%
S216 Menominee St, Stephenson, MI 49887
CD - 24 Month
$2,500
4.20%
▲ 1.24% above Michigan avg
▼
Rate4.14%
Min Deposit$2,500
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average2.96%▲ 1.24% above avgNationally 2.90%
Details
Minimum $2500 to open
Rate History
1 change since Sep 14, 2026 · 3.85% → 4.20% ▲ 0.35 pts · high 4.20% / low 3.85%
- Sep 24, 20264.20%▲ from 3.85%
- Sep 14, 20263.85%first recorded
Gratiot Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.16%
211 W Center St, Alma, MI 48801 2206
24 Month Timed Certificate
$1,000
4.18%
▲ 1.22% above Michigan avg
▼
Rate4.10%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.96%▲ 1.22% above avgNationally 2.90%
Details
Rate History
No change since Oct 13, 2026 · 4.18% APY · checked 2 times
Extra Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.32%
6611 Chicago Rd, Warren, MI 48092 1685
Fixed-Rate Certificate - 24 Months
$0
4.16%
▲ 1.20% above Michigan avg
▼
Rate4.10%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.96%▲ 1.20% above avgNationally 2.90%
Details
Dividends paid and compounded quarterly; penalty may be imposed for early withdrawal; 10-day grace period after maturity for auto-renewing accounts
Rate History
1 change since Sep 18, 2026 · 3.65% → 4.16% ▲ 0.51 pts · high 4.16% / low 3.65%
- Oct 19, 20264.16%▲ from 3.65%
- Sep 18, 20263.65%first recorded
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.45%
3030 S Adrian Hwy, Adrian, MI 49221
24 Month Certificate
$1,000
4.16%
▲ 1.20% above Michigan avg
▼
Rate4.10%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.96%▲ 1.20% above avgNationally 2.90%
Details
$1,000 minimum deposit to open and earn the stated APY; APYs as of 9/24/2026
Rate History
2 changes since Sep 18, 2026 · 3.80% → 4.16% ▲ 0.36 pts · high 4.32% / low 3.80%
- Oct 9, 20264.16%▼ from 4.32%
- Sep 29, 20264.32%▲ from 3.80%
- Sep 18, 20263.80%first recorded
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.45%
3030 S Adrian Hwy, Adrian, MI 49221
24 Month IRA Certificate
$1,000
4.16%
▲ 1.20% above Michigan avg
▼
Rate4.10%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.96%▲ 1.20% above avgNationally 2.90%
Details
$1,000 minimum deposit to open and earn the stated APY; APYs as of 9/24/2026
Rate History
2 changes since Sep 18, 2026 · 3.80% → 4.16% ▲ 0.36 pts · high 4.32% / low 3.80%
- Oct 19, 20264.16%▼ from 4.32%
- Sep 29, 20264.32%▲ from 3.80%
- Sep 18, 20263.80%first recorded
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.64%
3777 West Rd, East Lansing, MI 48823 8029
2-Year Certificate or IRA-HSA
$0
4.15%
▲ 1.19% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.96%▲ 1.19% above avgNationally 2.90%
Details
Valid thru 10/25/2026
Rate History
1 change since Sep 18, 2026 · 4.00% → 4.15% ▲ 0.15 pts · high 4.15% / low 4.00%
- Sep 25, 20264.15%▲ from 4.00%
- Sep 18, 20264.00%first recorded
North Central Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.83%
2665 Reserve Rd, Houghton Lake, MI 48629
24 MONTH CD
$50,000
4.15%
▲ 1.19% above Michigan avg
▼
RateN/A
Min Deposit$50,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.96%▲ 1.19% above avgNationally 2.90%
Details
Rate History
1 change since Sep 14, 2026 · 3.85% → 4.15% ▲ 0.30 pts · high 4.15% / low 3.85%
- Oct 9, 20264.15%▲ from 3.85%
- Sep 14, 20263.85%first recorded
Embers Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.40%
1001 W Baraga Ave, Marquette, MI 49855
24 Month Certificates
$1,000
4.15%
▲ 1.19% above Michigan avg
▼
RateN/A
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.96%▲ 1.19% above avgNationally 2.90%
Details
Dividends are paid monthly.
Rate History
1 change since Sep 26, 2026 · 4.00% → 4.15% ▲ 0.15 pts · high 4.15% / low 4.00%
- Oct 19, 20264.15%▲ from 4.00%
- Sep 26, 20264.00%first recorded
Directions Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.08%
3558 Sterns Rd, Lambertville, MI 48144
24 Month Certificate
$500
4.13%
▲ 1.17% above Michigan avg
▼
Rate4.05%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.96%▲ 1.17% above avgNationally 2.90%
Details
Effective 10/01/2026
Rate History
1 change since Sep 14, 2026 · 3.87% → 4.13% ▲ 0.26 pts · high 4.13% / low 3.87%
- Oct 9, 20264.13%▲ from 3.87%
- Sep 14, 20263.87%first recorded
Directions Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.08%
3558 Sterns Rd, Lambertville, MI 48144
24 Month Youth Certificate
$100
4.13%
▲ 1.17% above Michigan avg
▼
Rate4.05%
Min Deposit$100
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.96%▲ 1.17% above avgNationally 2.90%
Details
$100 initial deposit - Must be under 18 years of age; Effective 10/01/2026
Rate History
1 change since Sep 14, 2026 · 3.87% → 4.13% ▲ 0.26 pts · high 4.13% / low 3.87%
- Oct 9, 20264.13%▲ from 3.87%
- Sep 14, 20263.87%first recorded
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.88%
2929 3rd Ave N, Escanaba, MI 49829 4203
24 Month IRA Certificate
$0
4.10%
▲ 1.14% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.96%▲ 1.14% above avgNationally 2.90%
Details
IRA - Individual accounts only
Rate History
No change since Sep 16, 2026 · 4.10% APY · checked 6 times
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.88%
2929 3rd Ave N, Escanaba, MI 49829 4203
Certificate - 24 Months
$500
4.10%
▲ 1.14% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.96%▲ 1.14% above avgNationally 2.90%
Details
Substantial penalty for early withdrawals
Rate History
No change since Sep 16, 2026 · 4.10% APY · checked 7 times
Muskegon Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.64%
65 W LAKETON AVE, MUSKEGON, MI 49441
IRA & Share Certificate 2 Year
$500
4.06%
▲ 1.10% above Michigan avg
▼
Rate4.00%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.96%▲ 1.10% above avgNationally 2.90%
Details
Rates effective 09/01/2025
Rate History
No change since Oct 12, 2026 · 4.06% APY · checked 2 times
UP State Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.41%
123 S Lincoln Rd, Escanaba, MI 49829 1339
2 Year Certificate of Deposit
$1,000
4.06%
▲ 1.10% above Michigan avg
▼
RateN/A
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average2.96%▲ 1.10% above avgNationally 2.90%
Details
Minimum Opening Balance: $1,000.00
Rate History
No change since Oct 22, 2026 · 4.06% APY
North Central Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.83%
2665 Reserve Rd, Houghton Lake, MI 48629
24 MONTH CD
$500
4.05%
▲ 1.09% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.96%▲ 1.09% above avgNationally 2.90%
Details
Rate History
1 change since Sep 14, 2026 · 3.75% → 4.05% ▲ 0.30 pts · high 4.05% / low 3.75%
- Oct 9, 20264.05%▲ from 3.75%
- Sep 14, 20263.75%first recorded
North Central Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.83%
2665 Reserve Rd, Houghton Lake, MI 48629
ADD ON 24 MO CERT
$100
4.05%
▲ 1.09% above Michigan avg
▼
RateN/A
Min Deposit$100
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.96%▲ 1.09% above avgNationally 2.90%
Details
Rate History
1 change since Sep 14, 2026 · 3.75% → 4.05% ▲ 0.30 pts · high 4.05% / low 3.75%
- Oct 9, 20264.05%▲ from 3.75%
- Sep 14, 20263.75%first recorded
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
Jumbo and Jumbo IRA Certificates - 2 Years
$0
4.04%
▲ 1.08% above Michigan avg
▼
Rate3.98%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.96%▲ 1.08% above avgNationally 2.90%
Details
Balance: $100,000 and over; Penalty for early withdrawal
Rate History
1 change since Sep 14, 2026 · 3.84% → 4.04% ▲ 0.20 pts · high 4.04% / low 3.84%
- Oct 14, 20264.04%▲ from 3.84%
- Sep 14, 20263.84%first recorded
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
Jumbo Certificate - 2 Years
$100,000
4.04%
▲ 1.08% above Michigan avg
▼
Rate3.98%
Min Deposit$100,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.96%▲ 1.08% above avgNationally 2.90%
Details
Minimum balance $100,000 to open and earn APY; penalty for early withdrawal
Rate History
No change since Oct 19, 2026 · 4.04% APY
Superior National Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.32%
235 Quincy St, Hancock, MI 49930
24 Month CD
$500
4.00%
▲ 1.04% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.96%▲ 1.04% above avgNationally 2.90%
Details
APY compounded quarterly; A penalty may be imposed for early withdrawal
Rate History
1 change since Sep 19, 2026 · 3.80% → 4.00% ▲ 0.20 pts · high 4.00% / low 3.80%
- Oct 14, 20264.00%▲ from 3.80%
- Sep 19, 20263.80%first recorded
United Bank of Michigan
Institution Rating:
A+5.0 ★Texas Ratio: 0.48%
900 East Paris Ave Se, Grand Rapids, MI 49546
CD Special - 24 Month
$500
4.00%
▲ 1.04% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.96%▲ 1.04% above avgNationally 2.90%
Details
Open at your local branch; APY effective 09/01/2026; $500 minimum opening deposit, up to a maximum of $500,000; penalty for early withdrawal
Rate History
No change since Oct 20, 2026 · 4.00% APY · checked 2 times
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
2 Year Term Certificate
$500
3.99%
▲ 1.03% above Michigan avg
▼
Rate3.93%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.96%▲ 1.03% above avgNationally 2.90%
Details
Penalty for early withdrawal
Rate History
No change since Oct 10, 2026 · 3.99% APY · checked 2 times
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
IRA Certificate - 2 Years
$500
3.99%
▲ 1.03% above Michigan avg
▼
Rate3.93%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.96%▲ 1.03% above avgNationally 2.90%
Details
$500 minimum balance to open and earn APY; Penalty for early withdrawal; Source caption reads IRA Certificates but rows sit under Term Certificates $500 and Above heading
Rate History
1 change since Sep 18, 2026 · 3.79% → 3.99% ▲ 0.20 pts · high 3.99% / low 3.79%
- Oct 10, 20263.99%▲ from 3.79%
- Sep 18, 20263.79%first recorded
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
Term Certificate - 2 Years
$500
3.99%
▲ 1.03% above Michigan avg
▼
Rate3.93%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.96%▲ 1.03% above avgNationally 2.90%
Details
Term Certificates $500 and Above; Penalty for early withdrawal
Rate History
2 changes since Sep 14, 2026 · 3.79% → 3.99% ▲ 0.20 pts · high 3.99% / low 3.79%
- Oct 10, 20263.99%▲ from 3.84%
- Oct 1, 20263.84%▲ from 3.79%
- Sep 14, 20263.79%first recorded
TruNorth Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.74%
1419 N 2nd St, Ishpeming, MI 49849 1149
24 Month Share Certificate
$500
3.96%
▲ 1.00% above Michigan avg
▼
Rate3.90%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.96%▲ 1.00% above avgNationally 2.90%
Details
Minimum deposit of $500.00; Certificate specials will not renew at end of term; Limited time offer; penalty may be imposed for early withdrawal
Rate History
1 change since Sep 12, 2026 · 3.60% → 3.96% ▲ 0.36 pts · high 3.96% / low 3.60%
- Oct 8, 20263.96%▲ from 3.60%
- Sep 12, 20263.60%first recorded
Northland Area Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
201 E M 55, Tawas City, MI 48763
2 Year PLUS Certificate
$0
3.96%
▲ 1.00% above Michigan avg
▼
Rate3.90%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.96%▲ 1.00% above avgNationally 2.90%
Details
Rate may be increased twice during the term; Rate may change after the account is opened; penalty may apply for withdrawal before maturity
Rate History
No change since Oct 5, 2026 · 3.96% APY · checked 2 times
Northland Area Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
201 E M 55, Tawas City, MI 48763
Non-Compounding Jumbo Certificate - 2 Year
$0
3.95%
▲ 0.99% above Michigan avg
▼
Rate3.95%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.96%▲ 0.99% above avgNationally 2.90%
Details
Jumbo; Dividends do not compound; We may impose a penalty if you withdraw funds before the maturity date.
Rate History
No change since Oct 23, 2026 · 3.95% APY
Northland Area Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
201 E M 55, Tawas City, MI 48763
Non-Compounding Certificate - 2 Year
$0
3.90%
▲ 0.94% above Michigan avg
▼
Rate3.90%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.96%▲ 0.94% above avgNationally 2.90%
Details
Dividends do not compound; We may impose a penalty if you withdraw funds before the maturity date.
Rate History
No change since Oct 15, 2026 · 3.90% APY · checked 2 times
Michigan One Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.80%
510 S Dexter St, Ionia, MI 48846
24 Month Certificate of Deposit
$500
3.90%
▲ 0.94% above Michigan avg
▼
Rate3.83%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.96%▲ 0.94% above avgNationally 2.90%
Details
Rate History
No change since Oct 13, 2026 · 3.90% APY · checked 2 times
Michigan One Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.80%
510 S Dexter St, Ionia, MI 48846
24 Month Regular CD
$500
3.90%
▲ 0.94% above Michigan avg
▼
Rate3.83%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.96%▲ 0.94% above avgNationally 2.90%
Details
Rate History
1 change since Sep 14, 2026 · 3.70% → 3.90% ▲ 0.20 pts · high 3.90% / low 3.70%
- Oct 9, 20263.90%▲ from 3.70%
- Sep 14, 20263.70%first recorded
InTouch Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.58%
3355 University Dr, Auburn Hills, MI 48326
24-Month HYRC Certificate
$0
3.90%
▲ 0.94% above Michigan avg
▼
Rate3.83%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.96%▲ 0.94% above avgNationally 2.90%
Details
Qualifications Required; High-Yield Rewards Checking Account required; $1,000 minimum
Rate History
No change since Sep 18, 2026 · 3.90% APY · checked 6 times
Michigan 36 Month CD Rates
MonitorBankRates Michigan Average · 36 Month CD2.93% APY▼ 0.02% from last weekNational 2.81%
The average 36-month CD rate in Michigan is 2.93% APY, compared with 2.81% nationally, as of October 25, 2026. Figures are compiled by MonitorBankRates from more than 8,500 U.S. banks and credit unions.
Source: Verified CD Rate Data provided by MonitorBankRates
Institution
Product
Min Deposit
APY
Profile
First National Bank of Michigan
Institution Rating:
A5.0 ★Texas Ratio: 7.32%
348 W Michigan Ave, Kalamazoo, MI 49007
3-Year Rising Rate Certificate of Deposit
$10,000
5.00%
▲ 2.07% above Michigan avg
▼
Rate4.89%
Min Deposit$10,000
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.93%▲ 2.07% above avgNationally 2.81%
Details
Interest compounded monthly; 10-day option to withdraw at end of each one-year term; penalty for early withdrawals applies at other times; no brokered deposits
Rate History
1 change since Sep 8, 2026 · 3.97% → 5.00% ▲ 1.03 pts · high 5.00% / low 3.97%
- Sep 24, 20265.00%▲ from 3.97%
- Sep 8, 20263.97%first recorded
First National Bank of Michigan
Institution Rating:
A5.0 ★Texas Ratio: 7.32%
348 W Michigan Ave, Kalamazoo, MI 49007
3-Year Rising Rate Certificate of Deposit
$10,000
4.75%
▲ 1.82% above Michigan avg
▼
Rate4.65%
Min Deposit$10,000
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.93%▲ 1.82% above avgNationally 2.81%
Details
Interest compounded monthly; 10-day option to withdraw at end of each one-year term; penalty for early withdrawals applies at other times; no brokered deposits
Rate History
1 change since Sep 8, 2026 · 3.71% → 4.75% ▲ 1.04 pts · high 4.75% / low 3.71%
- Sep 24, 20264.75%▲ from 3.71%
- Sep 8, 20263.71%first recorded
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.28%
S216 Menominee St, Stephenson, MI 49887
Relationship CD - 36 Month
$2,500
4.60%
▲ 1.67% above Michigan avg
▼
Rate4.52%
Min Deposit$2,500
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average2.93%▲ 1.67% above avgNationally 2.81%
Details
Relationship CD; relationship defined as Direct Deposit Checking; Minimum $2500 to open
Rate History
1 change since Sep 14, 2026 · 4.20% → 4.60% ▲ 0.40 pts · high 4.60% / low 4.20%
- Sep 24, 20264.60%▲ from 4.20%
- Sep 14, 20264.20%first recorded
First National Bank of America (FNBA)
Institution Rating:
B-4.3 ★Texas Ratio: 23.12%
241 E Saginaw St, East Lansing, MI 48823
Certificate of Deposit - 36 Month
$0
4.50%
▲ 1.57% above Michigan avg
▼
Rate4.43%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.93%▲ 1.57% above avgNationally 2.81%
Details
Rate History
3 changes since Sep 18, 2026 · 4.00% → 4.50% ▲ 0.50 pts · high 4.50% / low 4.00%
- Oct 14, 20264.50%▲ from 4.45%
- Oct 2, 20264.45%▲ from 4.30%
- Sep 24, 20264.30%▲ from 4.00%
- Sep 18, 20264.00%first recorded
First National Bank of America (FNBA)
Institution Rating:
B-4.3 ★Texas Ratio: 23.12%
241 E Saginaw St, East Lansing, MI 48823
Time Certificate of Deposit - 36 Month
$0
4.50%
▲ 1.57% above Michigan avg
▼
Rate4.43%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.93%▲ 1.57% above avgNationally 2.81%
Details
East Lansing Rates
Rate History
1 change since Oct 7, 2026 · 4.45% → 4.50% ▲ 0.05 pts · high 4.50% / low 4.45%
- Oct 14, 20264.50%▲ from 4.45%
- Oct 7, 20264.45%first recorded
First National Bank of Michigan
Institution Rating:
A5.0 ★Texas Ratio: 7.32%
348 W Michigan Ave, Kalamazoo, MI 49007
3-Year Rising Rate Certificate of Deposit
$10,000
4.50%
▲ 1.57% above Michigan avg
▼
Rate4.41%
Min Deposit$10,000
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.93%▲ 1.57% above avgNationally 2.81%
Details
Interest compounded monthly; 10-day option to withdraw at end of each one-year term; penalty for early withdrawals applies at other times; no brokered deposits
Rate History
1 change since Sep 8, 2026 · 3.45% → 4.50% ▲ 1.05 pts · high 4.50% / low 3.45%
- Sep 24, 20264.50%▲ from 3.45%
- Sep 8, 20263.45%first recorded
DOW
Institution Rating:
A+5.0 ★Texas Ratio: 1.26%
600 E Lyon Rd, Midland, MI 48640 5396
Simple CD - 36 Months
$500
4.40%
▲ 1.47% above Michigan avg
▼
Rate4.31%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 1.47% above avgNationally 2.81%
Details
Starting minimum deposit of $500; not eligible for Member Saver Reward
Rate History
No change since Oct 14, 2026 · 4.40% APY · checked 2 times
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.45%
3030 S Adrian Hwy, Adrian, MI 49221
Platinum Member Specials - 36 Month
$1,000
4.37%
▲ 1.44% above Michigan avg
▼
Rate4.30%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 1.44% above avgNationally 2.81%
Details
Platinum Membership rate (0.15% higher than regular); Platinum qualification requires 3 of 4 services: Checking, Debit Card, Online Banking, Direct Deposit; $1,000 minimum deposit to open and earn the stated APY; 365 day penalty for early withdrawal; APYs as of 9/24/2026
Rate History
No change since Oct 19, 2026 · 4.37% APY
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.45%
3030 S Adrian Hwy, Adrian, MI 49221
Platinum Member Specials IRA - 36 Month
$1,000
4.37%
▲ 1.44% above Michigan avg
▼
Rate4.30%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 1.44% above avgNationally 2.81%
Details
IRA certificate; Platinum Membership rate (0.15% higher than regular); Platinum qualification requires 3 of 4 services: Checking, Debit Card, Online Banking, Direct Deposit; $1,000 minimum deposit to open and earn the stated APY; 365 day penalty for early withdrawal; APYs as of 9/24/2026
Rate History
No change since Oct 19, 2026 · 4.37% APY
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.64%
3777 West Rd, East Lansing, MI 48823 8029
3-Year Certificate or IRA-HSA Jumbo
$0
4.35%
▲ 1.42% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.93%▲ 1.42% above avgNationally 2.81%
Details
Valid thru 10/25/2026
Rate History
1 change since Sep 18, 2026 · 4.00% → 4.35% ▲ 0.35 pts · high 4.35% / low 4.00%
- Sep 25, 20264.35%▲ from 4.00%
- Sep 18, 20264.00%first recorded
TruNorth Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.74%
1419 N 2nd St, Ishpeming, MI 49849 1149
Jumbo Share Certificate - 36 months
$100,000
4.32%
▲ 1.39% above Michigan avg
▼
Rate4.25%
Min Deposit$100,000
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.93%▲ 1.39% above avgNationally 2.81%
Details
Minimum deposit of $100,000.00; Certificate specials will not renew at end of term; A penalty may be imposed for early withdrawal
Rate History
1 change since Sep 12, 2026 · 3.96% → 4.32% ▲ 0.36 pts · high 4.32% / low 3.96%
- Oct 4, 20264.32%▲ from 3.96%
- Sep 12, 20263.96%first recorded
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.88%
2929 3rd Ave N, Escanaba, MI 49829 4203
36 Month IRA Certificate
$0
4.30%
▲ 1.37% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.93%▲ 1.37% above avgNationally 2.81%
Details
IRA - Individual accounts only
Rate History
No change since Sep 16, 2026 · 4.30% APY · checked 6 times
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.88%
2929 3rd Ave N, Escanaba, MI 49829 4203
Certificate - 36 Months
$500
4.30%
▲ 1.37% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.93%▲ 1.37% above avgNationally 2.81%
Details
Substantial penalty for early withdrawals
Rate History
No change since Sep 16, 2026 · 4.30% APY · checked 7 times
Extra Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.32%
6611 Chicago Rd, Warren, MI 48092 1685
Fixed-Rate Certificate - 36 Months
$0
4.27%
▲ 1.34% above Michigan avg
▼
Rate4.20%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 1.34% above avgNationally 2.81%
Details
Dividends paid and compounded quarterly; penalty may be imposed for early withdrawal; 10-day grace period after maturity for auto-renewing accounts
Rate History
1 change since Sep 18, 2026 · 3.80% → 4.27% ▲ 0.47 pts · high 4.27% / low 3.80%
- Oct 19, 20264.27%▲ from 3.80%
- Sep 18, 20263.80%first recorded
Superior National Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.32%
235 Quincy St, Hancock, MI 49930
36 Month CD
$500
4.25%
▲ 1.32% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average2.93%▲ 1.32% above avgNationally 2.81%
Details
APY compounded quarterly; A penalty may be imposed for early withdrawal
Rate History
1 change since Sep 19, 2026 · 3.85% → 4.25% ▲ 0.40 pts · high 4.25% / low 3.85%
- Oct 14, 20264.25%▲ from 3.85%
- Sep 19, 20263.85%first recorded
Gerber Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.59%
508 State St, Fremont, MI 49412
Share Certificate - 36 Month
$0
4.25%
▲ 1.32% above Michigan avg
▼
Rate4.17%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.93%▲ 1.32% above avgNationally 2.81%
Details
Rates effective October 1, 2026
Rate History
No change since Sep 12, 2026 · 4.25% APY · checked 2 times
Gratiot Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.16%
211 W Center St, Alma, MI 48801 2206
36 Month Timed Certificate
$1,000
4.23%
▲ 1.30% above Michigan avg
▼
Rate4.15%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 1.30% above avgNationally 2.81%
Details
Rate History
No change since Oct 13, 2026 · 4.23% APY · checked 2 times
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.45%
3030 S Adrian Hwy, Adrian, MI 49221
36 Month Certificate
$1,000
4.22%
▲ 1.29% above Michigan avg
▼
Rate4.15%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 1.29% above avgNationally 2.81%
Details
$1,000 minimum deposit to open and earn the stated APY; APYs as of 9/24/2026
Rate History
2 changes since Sep 18, 2026 · 3.91% → 4.22% ▲ 0.31 pts · high 4.37% / low 3.91%
- Oct 9, 20264.22%▼ from 4.37%
- Sep 29, 20264.37%▲ from 3.91%
- Sep 18, 20263.91%first recorded
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.45%
3030 S Adrian Hwy, Adrian, MI 49221
36 Month IRA Certificate
$1,000
4.22%
▲ 1.29% above Michigan avg
▼
Rate4.15%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 1.29% above avgNationally 2.81%
Details
$1,000 minimum deposit to open and earn the stated APY; APYs as of 9/24/2026
Rate History
2 changes since Sep 18, 2026 · 3.91% → 4.22% ▲ 0.31 pts · high 4.37% / low 3.91%
- Oct 19, 20264.22%▼ from 4.37%
- Sep 29, 20264.37%▲ from 3.91%
- Sep 18, 20263.91%first recorded
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.64%
3777 West Rd, East Lansing, MI 48823 8029
3-Year Certificate or IRA-HSA
$0
4.20%
▲ 1.27% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.93%▲ 1.27% above avgNationally 2.81%
Details
Valid thru 10/25/2026
Rate History
1 change since Sep 18, 2026 · 3.85% → 4.20% ▲ 0.35 pts · high 4.20% / low 3.85%
- Sep 25, 20264.20%▲ from 3.85%
- Sep 18, 20263.85%first recorded
North Central Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.83%
2665 Reserve Rd, Houghton Lake, MI 48629
36 MONTH CD
$50,000
4.20%
▲ 1.27% above Michigan avg
▼
RateN/A
Min Deposit$50,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 1.27% above avgNationally 2.81%
Details
Rate History
1 change since Sep 14, 2026 · 3.90% → 4.20% ▲ 0.30 pts · high 4.20% / low 3.90%
- Oct 9, 20264.20%▲ from 3.90%
- Sep 14, 20263.90%first recorded
Directions Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.08%
3558 Sterns Rd, Lambertville, MI 48144
36 Month Certificate
$500
4.18%
▲ 1.25% above Michigan avg
▼
Rate4.10%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 1.25% above avgNationally 2.81%
Details
Effective 10/01/2026
Rate History
1 change since Sep 14, 2026 · 3.87% → 4.18% ▲ 0.31 pts · high 4.18% / low 3.87%
- Oct 9, 20264.18%▲ from 3.87%
- Sep 14, 20263.87%first recorded
Embers Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.40%
1001 W Baraga Ave, Marquette, MI 49855
36 Month Certificates
$1,000
4.15%
▲ 1.22% above Michigan avg
▼
RateN/A
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 1.22% above avgNationally 2.81%
Details
Dividends are paid monthly.
Rate History
1 change since Sep 26, 2026 · 4.00% → 4.15% ▲ 0.15 pts · high 4.15% / low 4.00%
- Oct 19, 20264.15%▲ from 4.00%
- Sep 26, 20264.00%first recorded
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
Jumbo and Jumbo IRA Certificates - 3 Years
$0
4.13%
▲ 1.20% above Michigan avg
▼
Rate4.07%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 1.20% above avgNationally 2.81%
Details
Balance: $100,000 and over; Penalty for early withdrawal
Rate History
1 change since Sep 14, 2026 · 4.06% → 4.13% ▲ 0.07 pts · high 4.13% / low 4.06%
- Oct 14, 20264.13%▲ from 4.06%
- Sep 14, 20264.06%first recorded
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
Jumbo Certificate - 3 Years
$100,000
4.13%
▲ 1.20% above Michigan avg
▼
Rate4.07%
Min Deposit$100,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 1.20% above avgNationally 2.81%
Details
Minimum balance $100,000 to open and earn APY; penalty for early withdrawal
Rate History
No change since Oct 19, 2026 · 4.13% APY
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.28%
S216 Menominee St, Stephenson, MI 49887
CD - 36 Month
$2,500
4.10%
▲ 1.17% above Michigan avg
▼
Rate4.04%
Min Deposit$2,500
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average2.93%▲ 1.17% above avgNationally 2.81%
Details
Minimum $2500 to open
Rate History
1 change since Sep 14, 2026 · 3.70% → 4.10% ▲ 0.40 pts · high 4.10% / low 3.70%
- Sep 24, 20264.10%▲ from 3.70%
- Sep 14, 20263.70%first recorded
North Central Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.83%
2665 Reserve Rd, Houghton Lake, MI 48629
36 MONTH CD
$500
4.10%
▲ 1.17% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 1.17% above avgNationally 2.81%
Details
Rate History
1 change since Sep 14, 2026 · 3.80% → 4.10% ▲ 0.30 pts · high 4.10% / low 3.80%
- Oct 9, 20264.10%▲ from 3.80%
- Sep 14, 20263.80%first recorded
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
3 Year Term Certificate
$500
4.08%
▲ 1.15% above Michigan avg
▼
Rate4.02%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 1.15% above avgNationally 2.81%
Details
Penalty for early withdrawal
Rate History
No change since Oct 10, 2026 · 4.08% APY · checked 2 times
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
IRA Certificate - 3 Years
$500
4.08%
▲ 1.15% above Michigan avg
▼
Rate4.02%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 1.15% above avgNationally 2.81%
Details
$500 minimum balance to open and earn APY; Penalty for early withdrawal; Source caption reads IRA Certificates but rows sit under Term Certificates $500 and Above heading
Rate History
1 change since Sep 18, 2026 · 4.01% → 4.08% ▲ 0.07 pts · high 4.08% / low 4.01%
- Oct 10, 20264.08%▲ from 4.01%
- Sep 18, 20264.01%first recorded
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
Term Certificate - 3 Years
$500
4.08%
▲ 1.15% above Michigan avg
▼
Rate4.02%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 1.15% above avgNationally 2.81%
Details
Term Certificates $500 and Above; Penalty for early withdrawal
Rate History
2 changes since Sep 14, 2026 · 4.01% → 4.08% ▲ 0.07 pts · high 4.08% / low 4.01%
- Oct 10, 20264.08%▲ from 4.06%
- Oct 1, 20264.06%▲ from 4.01%
- Sep 14, 20264.01%first recorded
UP State Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.41%
123 S Lincoln Rd, Escanaba, MI 49829 1339
3 Year Certificate of Deposit
$1,000
4.06%
▲ 1.13% above Michigan avg
▼
RateN/A
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average2.93%▲ 1.13% above avgNationally 2.81%
Details
Minimum Opening Balance: $1,000.00
Rate History
No change since Oct 22, 2026 · 4.06% APY
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.88%
2929 3rd Ave N, Escanaba, MI 49829 4203
Certificate - 36 Month Jump Rate Certificate
$500
4.05%
▲ 1.12% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.93%▲ 1.12% above avgNationally 2.81%
Details
Rate Jump certificate; may opt into a new rate once per term if rates increase within the term; Substantial penalty for early withdrawals
Rate History
No change since Oct 23, 2026 · 4.05% APY
FNB of Wakefield
Institution Rating:
A+5.0 ★Texas Ratio: 4.12%
401 Sunday Lake St, Wakefield, MI 49968
36 Month Certificates of Deposit
$0
4.04%
▲ 1.11% above Michigan avg
▼
Rate4.00%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.93%▲ 1.11% above avgNationally 2.81%
Details
Minimum $50,000.00 tier
Rate History
No change since Sep 20, 2026 · 4.04% APY · checked 7 times
TruNorth Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.74%
1419 N 2nd St, Ishpeming, MI 49849 1149
36 Month Share Certificate
$500
4.01%
▲ 1.08% above Michigan avg
▼
Rate3.95%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.93%▲ 1.08% above avgNationally 2.81%
Details
Minimum deposit of $500.00; Certificate specials will not renew at end of term; Limited time offer; penalty may be imposed for early withdrawal
Rate History
1 change since Sep 12, 2026 · 3.65% → 4.01% ▲ 0.36 pts · high 4.01% / low 3.65%
- Oct 8, 20264.01%▲ from 3.65%
- Sep 12, 20263.65%first recorded
Michigan One Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.80%
510 S Dexter St, Ionia, MI 48846
36 Month Certificate of Deposit
$500
3.95%
▲ 1.02% above Michigan avg
▼
Rate3.88%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 1.02% above avgNationally 2.81%
Details
Rate History
No change since Oct 13, 2026 · 3.95% APY · checked 2 times
Michigan One Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.80%
510 S Dexter St, Ionia, MI 48846
36 Month Regular CD
$500
3.95%
▲ 1.02% above Michigan avg
▼
Rate3.88%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 1.02% above avgNationally 2.81%
Details
Rate History
1 change since Sep 14, 2026 · 3.75% → 3.95% ▲ 0.20 pts · high 3.95% / low 3.75%
- Oct 9, 20263.95%▲ from 3.75%
- Sep 14, 20263.75%first recorded
Adventure Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.17%
630 32nd St SE, Grand Rapids, MI 49548 2306
36 month CD
$500
3.90%
▲ 0.97% above Michigan avg
▼
Rate3.84%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 0.97% above avgNationally 2.81%
Details
Effective Date: October 1, 2026; Early withdrawal penalty: 180-days loss of interest
Rate History
1 change since Sep 14, 2026 · 3.30% → 3.90% ▲ 0.60 pts · high 3.90% / low 3.30%
- Oct 19, 20263.90%▲ from 3.30%
- Sep 14, 20263.30%first recorded
Huron Valley State Bank
Institution Rating:
A-5.0 ★Texas Ratio: 14.74%
130 S Milford Rd, Milford, MI 48381
Certificate of Deposit - 3 Year
$0
3.88%
▲ 0.95% above Michigan avg
▼
Rate3.82%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 21, 2026
Michigan Average2.93%▲ 0.95% above avgNationally 2.81%
Details
Balance: $500 - $49,999.99
Rate History
No change since Sep 24, 2026 · 3.88% APY · checked 6 times
Sovita Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.45%
4411 Calkins Rd, Flint, MI 48532
Certificate of Deposit - 36 Months
$500
3.85%
▲ 0.92% above Michigan avg
▼
Rate3.80%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 0.92% above avgNationally 2.81%
Details
Regular & IRA; Interest paid & compounded quarterly
Rate History
1 change since Sep 21, 2026 · 3.80% → 3.85% ▲ 0.05 pts · high 3.85% / low 3.80%
- Oct 19, 20263.85%▲ from 3.80%
- Sep 21, 20263.80%first recorded
PFCU Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.00%
9077 Charlotte Hwy, Portland, MI 48875
IRA Certificate - 36 months
$0
3.85%
▲ 0.92% above Michigan avg
▼
Rate3.78%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 0.92% above avgNationally 2.81%
Details
Rate History
No change since Sep 14, 2026 · 3.85% APY · checked 3 times
Community Focus Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.32%
18925 Telegraph Rd, Brownstown, MI 48174 9546
3 Year Certificate
$1,000
3.80%
▲ 0.87% above Michigan avg
▼
RateN/A
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.93%▲ 0.87% above avgNationally 2.81%
Details
Share Certificate
Rate History
No change since Oct 22, 2026 · 3.80% APY · checked 2 times
Sovita Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.45%
4411 Calkins Rd, Flint, MI 48532
36 Month Business Certificate of Deposit
$2,500
3.80%
▲ 0.87% above Michigan avg
▼
Rate3.80%
Min Deposit$2,500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 0.87% above avgNationally 2.81%
Details
CD Type: Regular; APY (interest paid at maturity): N/A; APY (interest paid monthly): 3.80%; APY (interest paid quarterly): 3.80%; APY (interest paid & compounded quarterly): 3.85%; Annual Interest Rate: 3.80%
Rate History
No change since Oct 19, 2026 · 3.80% APY
Sovita Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.45%
4411 Calkins Rd, Flint, MI 48532
Certificate of Deposit - 36 Months
$500
3.80%
▲ 0.87% above Michigan avg
▼
Rate3.80%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 0.87% above avgNationally 2.81%
Details
Regular & IRA; Interest paid monthly
Rate History
No change since Sep 21, 2026 · 3.80% APY · checked 2 times
Dort Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.06%
9048 HOLLY RD, GRAND BLANC, MI 48439
Jumbo Term Share Certificates - 3 Years
$0
3.80%
▲ 0.87% above Michigan avg
▼
Rate3.75%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 0.87% above avgNationally 2.81%
Details
Subject to penalty for early withdrawal
Rate History
No change since Sep 14, 2026 · 3.80% APY · checked 7 times
Selfreliance Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.49%
11756 Charest St, Hamtramck, MI 48212
Certificate - 3 Years
$0
3.75%
▲ 0.82% above Michigan avg
▼
Rate3.70%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.93%▲ 0.82% above avgNationally 2.81%
Details
Maximum Balance: $1,000,000 per member; Rates effective as of 10/22/2026; 1 year or longer certificate dividends compound quarterly
Rate History
1 change since Oct 12, 2026 · 3.25% → 3.75% ▲ 0.50 pts · high 3.75% / low 3.25%
- Oct 23, 20263.75%▲ from 3.25%
- Oct 12, 20263.25%first recorded
Selfreliance Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.49%
11756 Charest St, Hamtramck, MI 48212
IRA Certificates 36 months
$0
3.75%
▲ 0.82% above Michigan avg
▼
Rate3.70%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average2.93%▲ 0.82% above avgNationally 2.81%
Details
IRA Certificate; NCUA-insured
Rate History
1 change since Oct 12, 2026 · 3.25% → 3.75% ▲ 0.50 pts · high 3.75% / low 3.25%
- Oct 23, 20263.75%▲ from 3.25%
- Oct 12, 20263.25%first recorded
CASE Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.11%
4316 S Pennsylvania Ave, Lansing, MI 48910
3 Year TDA or IRA TDA
$0
3.75%
▲ 0.82% above Michigan avg
▼
Rate3.69%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 0.82% above avgNationally 2.81%
Details
Rate declared as of the end of last month and may not reflect the current rate
Rate History
1 change since Sep 14, 2026 · 3.35% → 3.75% ▲ 0.40 pts · high 3.75% / low 3.35%
- Oct 9, 20263.75%▲ from 3.35%
- Sep 14, 20263.35%first recorded
Best Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.29%
1888 E Sherman Blvd, Muskegon, MI 49444 1822
36 Month Certificate of Deposit
$500
3.75%
▲ 0.82% above Michigan avg
▼
Rate3.70%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 0.82% above avgNationally 2.81%
Details
Early withdrawal penalty: 180 days interest
Rate History
No change since Sep 14, 2026 · 3.75% APY · checked 7 times
Best Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.29%
1888 E Sherman Blvd, Muskegon, MI 49444 1822
IRA Certificates - 36 Month
$500
3.75%
▲ 0.82% above Michigan avg
▼
Rate3.70%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 0.82% above avgNationally 2.81%
Details
Early Withdrawal Penalty: 180 days interest
Rate History
No change since Sep 14, 2026 · 3.75% APY · checked 3 times
LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.31%
4866 Alpine Ave NW, Comstock Park, MI 49321 8579
36 Month IRA/HSA CD - VIP Bonus
$500
3.75%
▲ 0.82% above Michigan avg
▼
Rate3.69%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average2.93%▲ 0.82% above avgNationally 2.81%
Details
VIP Relationship Reward Bonus; Rates as of 10/18/26
Rate History
No change since Oct 13, 2026 · 3.75% APY · checked 2 times
Michigan 48 Month CD Rates
MonitorBankRates Michigan Average · 48 Month CD3.01% APY▼ 0.02% from last weekNational 2.81%
The average 48-month CD rate in Michigan is 3.01% APY, compared with 2.81% nationally, as of October 25, 2026. Figures are compiled by MonitorBankRates from more than 8,500 U.S. banks and credit unions.
Source: Verified CD Rate Data provided by MonitorBankRates
Institution
Product
Min Deposit
APY
Profile
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.28%
S216 Menominee St, Stephenson, MI 49887
Relationship CD - 48 Month
$2,500
4.70%
▲ 1.69% above Michigan avg
▼
Rate4.62%
Min Deposit$2,500
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average3.01%▲ 1.69% above avgNationally 2.81%
Details
Relationship CD; relationship defined as Direct Deposit Checking; Minimum $2500 to open
Rate History
1 change since Sep 14, 2026 · 4.25% → 4.70% ▲ 0.45 pts · high 4.70% / low 4.25%
- Sep 24, 20264.70%▲ from 4.25%
- Sep 14, 20264.25%first recorded
First National Bank of America (FNBA)
Institution Rating:
B-4.3 ★Texas Ratio: 23.12%
241 E Saginaw St, East Lansing, MI 48823
Certificate of Deposit - 48 Month
$0
4.50%
▲ 1.49% above Michigan avg
▼
Rate4.43%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average3.01%▲ 1.49% above avgNationally 2.81%
Details
Rate History
3 changes since Sep 18, 2026 · 4.20% → 4.50% ▲ 0.30 pts · high 4.50% / low 4.20%
- Oct 14, 20264.50%▲ from 4.45%
- Oct 2, 20264.45%▲ from 4.30%
- Sep 24, 20264.30%▲ from 4.20%
- Sep 18, 20264.20%first recorded
First National Bank of America (FNBA)
Institution Rating:
B-4.3 ★Texas Ratio: 23.12%
241 E Saginaw St, East Lansing, MI 48823
Time Certificate of Deposit - 48 Month
$0
4.50%
▲ 1.49% above Michigan avg
▼
Rate4.43%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average3.01%▲ 1.49% above avgNationally 2.81%
Details
East Lansing Rates
Rate History
1 change since Oct 7, 2026 · 4.45% → 4.50% ▲ 0.05 pts · high 4.50% / low 4.45%
- Oct 14, 20264.50%▲ from 4.45%
- Oct 7, 20264.45%first recorded
Gerber Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.59%
508 State St, Fremont, MI 49412
Share Certificate - 48 Month
$0
4.50%
▲ 1.49% above Michigan avg
▼
Rate4.41%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.01%▲ 1.49% above avgNationally 2.81%
Details
Rates effective October 1, 2026
Rate History
No change since Sep 12, 2026 · 4.50% APY · checked 2 times
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.45%
3030 S Adrian Hwy, Adrian, MI 49221
Platinum Member Specials - 48 Month
$1,000
4.42%
▲ 1.41% above Michigan avg
▼
Rate4.35%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 1.41% above avgNationally 2.81%
Details
Platinum Membership rate (0.15% higher than regular); Platinum qualification requires 3 of 4 services: Checking, Debit Card, Online Banking, Direct Deposit; $1,000 minimum deposit to open and earn the stated APY; 365 day penalty for early withdrawal; APYs as of 9/24/2026
Rate History
No change since Oct 19, 2026 · 4.42% APY
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.45%
3030 S Adrian Hwy, Adrian, MI 49221
Platinum Member Specials IRA - 48 Month
$1,000
4.42%
▲ 1.41% above Michigan avg
▼
Rate4.35%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 1.41% above avgNationally 2.81%
Details
IRA certificate; Platinum Membership rate (0.15% higher than regular); Platinum qualification requires 3 of 4 services: Checking, Debit Card, Online Banking, Direct Deposit; $1,000 minimum deposit to open and earn the stated APY; 365 day penalty for early withdrawal; APYs as of 9/24/2026
Rate History
No change since Oct 19, 2026 · 4.42% APY
DOW
Institution Rating:
A+5.0 ★Texas Ratio: 1.26%
600 E Lyon Rd, Midland, MI 48640 5396
Simple CD - 48 Months
$500
4.40%
▲ 1.39% above Michigan avg
▼
Rate4.31%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 1.39% above avgNationally 2.81%
Details
Starting minimum deposit of $500; not eligible for Member Saver Reward
Rate History
No change since Oct 14, 2026 · 4.40% APY · checked 2 times
TruNorth Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.74%
1419 N 2nd St, Ishpeming, MI 49849 1149
Jumbo Share Certificate - 48 months
$100,000
4.37%
▲ 1.36% above Michigan avg
▼
Rate4.30%
Min Deposit$100,000
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.01%▲ 1.36% above avgNationally 2.81%
Details
Minimum deposit of $100,000.00; Certificate specials will not renew at end of term; A penalty may be imposed for early withdrawal
Rate History
1 change since Sep 12, 2026 · 4.06% → 4.37% ▲ 0.31 pts · high 4.37% / low 4.06%
- Oct 4, 20264.37%▲ from 4.06%
- Sep 12, 20264.06%first recorded
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.64%
3777 West Rd, East Lansing, MI 48823 8029
4-Year Certificate or IRA-HSA Jumbo
$0
4.35%
▲ 1.34% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.01%▲ 1.34% above avgNationally 2.81%
Details
Valid thru 10/25/2026
Rate History
1 change since Sep 18, 2026 · 4.00% → 4.35% ▲ 0.35 pts · high 4.35% / low 4.00%
- Sep 25, 20264.35%▲ from 4.00%
- Sep 18, 20264.00%first recorded
Superior National Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.32%
235 Quincy St, Hancock, MI 49930
48 Month CD
$500
4.30%
▲ 1.29% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average3.01%▲ 1.29% above avgNationally 2.81%
Details
APY compounded quarterly; A penalty may be imposed for early withdrawal
Rate History
1 change since Sep 19, 2026 · 3.90% → 4.30% ▲ 0.40 pts · high 4.30% / low 3.90%
- Oct 14, 20264.30%▲ from 3.90%
- Sep 19, 20263.90%first recorded
Gratiot Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.16%
211 W Center St, Alma, MI 48801 2206
48 Month Timed Certificate
$1,000
4.28%
▲ 1.27% above Michigan avg
▼
Rate4.20%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 1.27% above avgNationally 2.81%
Details
Rate History
No change since Oct 13, 2026 · 4.28% APY · checked 2 times
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.45%
3030 S Adrian Hwy, Adrian, MI 49221
48 Month Certificate
$1,000
4.27%
▲ 1.26% above Michigan avg
▼
Rate4.20%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 1.26% above avgNationally 2.81%
Details
$1,000 minimum deposit to open and earn the stated APY; APYs as of 9/24/2026
Rate History
2 changes since Sep 18, 2026 · 4.01% → 4.27% ▲ 0.26 pts · high 4.42% / low 4.01%
- Oct 9, 20264.27%▼ from 4.42%
- Sep 29, 20264.42%▲ from 4.01%
- Sep 18, 20264.01%first recorded
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.45%
3030 S Adrian Hwy, Adrian, MI 49221
48 Month IRA Certificate
$1,000
4.27%
▲ 1.26% above Michigan avg
▼
Rate4.20%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 1.26% above avgNationally 2.81%
Details
$1,000 minimum deposit to open and earn the stated APY; APYs as of 9/24/2026
Rate History
2 changes since Sep 18, 2026 · 4.01% → 4.27% ▲ 0.26 pts · high 4.42% / low 4.01%
- Oct 19, 20264.27%▼ from 4.42%
- Sep 29, 20264.42%▲ from 4.01%
- Sep 18, 20264.01%first recorded
North Central Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.83%
2665 Reserve Rd, Houghton Lake, MI 48629
48 MONTH CD
$50,000
4.25%
▲ 1.24% above Michigan avg
▼
RateN/A
Min Deposit$50,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 1.24% above avgNationally 2.81%
Details
Rate History
1 change since Sep 14, 2026 · 3.95% → 4.25% ▲ 0.30 pts · high 4.25% / low 3.95%
- Oct 9, 20264.25%▲ from 3.95%
- Sep 14, 20263.95%first recorded
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.28%
S216 Menominee St, Stephenson, MI 49887
CD - 48 Month
$2,500
4.20%
▲ 1.19% above Michigan avg
▼
Rate4.14%
Min Deposit$2,500
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average3.01%▲ 1.19% above avgNationally 2.81%
Details
Minimum $2500 to open
Rate History
1 change since Sep 14, 2026 · 3.75% → 4.20% ▲ 0.45 pts · high 4.20% / low 3.75%
- Sep 24, 20264.20%▲ from 3.75%
- Sep 14, 20263.75%first recorded
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.64%
3777 West Rd, East Lansing, MI 48823 8029
4-Year Certificate or IRA-HSA
$0
4.20%
▲ 1.19% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.01%▲ 1.19% above avgNationally 2.81%
Details
Valid thru 10/25/2026
Rate History
1 change since Sep 18, 2026 · 3.85% → 4.20% ▲ 0.35 pts · high 4.20% / low 3.85%
- Sep 25, 20264.20%▲ from 3.85%
- Sep 18, 20263.85%first recorded
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.88%
2929 3rd Ave N, Escanaba, MI 49829 4203
48 Month IRA Certificate
$0
4.15%
▲ 1.14% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.01%▲ 1.14% above avgNationally 2.81%
Details
IRA - Individual accounts only
Rate History
No change since Sep 16, 2026 · 4.15% APY · checked 6 times
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.88%
2929 3rd Ave N, Escanaba, MI 49829 4203
Certificate - 48 Months
$500
4.15%
▲ 1.14% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.01%▲ 1.14% above avgNationally 2.81%
Details
Substantial penalty for early withdrawals
Rate History
No change since Sep 16, 2026 · 4.15% APY · checked 7 times
North Central Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.83%
2665 Reserve Rd, Houghton Lake, MI 48629
48 MONTH CD
$500
4.15%
▲ 1.14% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 1.14% above avgNationally 2.81%
Details
Rate History
1 change since Sep 14, 2026 · 3.85% → 4.15% ▲ 0.30 pts · high 4.15% / low 3.85%
- Oct 9, 20264.15%▲ from 3.85%
- Sep 14, 20263.85%first recorded
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
Jumbo and Jumbo IRA Certificates - 4 Years
$0
4.13%
▲ 1.12% above Michigan avg
▼
Rate4.07%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 1.12% above avgNationally 2.81%
Details
Balance: $100,000 and over; Penalty for early withdrawal
Rate History
1 change since Sep 14, 2026 · 4.09% → 4.13% ▲ 0.04 pts · high 4.13% / low 4.09%
- Oct 14, 20264.13%▲ from 4.09%
- Sep 14, 20264.09%first recorded
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
Jumbo Certificate - 4 Years
$100,000
4.13%
▲ 1.12% above Michigan avg
▼
Rate4.07%
Min Deposit$100,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 1.12% above avgNationally 2.81%
Details
Minimum balance $100,000 to open and earn APY; penalty for early withdrawal
Rate History
No change since Oct 19, 2026 · 4.13% APY
Adventure Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.17%
630 32nd St SE, Grand Rapids, MI 49548 2306
48 month CD
$500
4.10%
▲ 1.09% above Michigan avg
▼
Rate4.04%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 1.09% above avgNationally 2.81%
Details
Effective Date: October 1, 2026; Early withdrawal penalty: 180-days loss of interest
Rate History
1 change since Sep 14, 2026 · 3.40% → 4.10% ▲ 0.70 pts · high 4.10% / low 3.40%
- Oct 19, 20264.10%▲ from 3.40%
- Sep 14, 20263.40%first recorded
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
4 Year Term Certificate
$500
4.08%
▲ 1.07% above Michigan avg
▼
Rate4.02%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 1.07% above avgNationally 2.81%
Details
Penalty for early withdrawal
Rate History
No change since Oct 10, 2026 · 4.08% APY · checked 2 times
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
IRA Certificate - 4 Years
$500
4.08%
▲ 1.07% above Michigan avg
▼
Rate4.02%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 1.07% above avgNationally 2.81%
Details
$500 minimum balance to open and earn APY; Penalty for early withdrawal; Source caption reads IRA Certificates but rows sit under Term Certificates $500 and Above heading
Rate History
1 change since Sep 18, 2026 · 4.04% → 4.08% ▲ 0.04 pts · high 4.08% / low 4.04%
- Oct 10, 20264.08%▲ from 4.04%
- Sep 18, 20264.04%first recorded
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
Term Certificate - 4 Years
$500
4.08%
▲ 1.07% above Michigan avg
▼
Rate4.02%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 1.07% above avgNationally 2.81%
Details
Term Certificates $500 and Above; Penalty for early withdrawal
Rate History
2 changes since Sep 14, 2026 · 4.04% → 4.08% ▲ 0.04 pts · high 4.09% / low 4.04%
- Oct 10, 20264.08%▼ from 4.09%
- Oct 1, 20264.09%▲ from 4.04%
- Sep 14, 20264.04%first recorded
TruNorth Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.74%
1419 N 2nd St, Ishpeming, MI 49849 1149
48 Month Share Certificate
$500
4.06%
▲ 1.05% above Michigan avg
▼
Rate4.00%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.01%▲ 1.05% above avgNationally 2.81%
Details
Minimum deposit of $500.00; Certificate specials will not renew at end of term; Limited time offer; penalty may be imposed for early withdrawal
Rate History
1 change since Sep 12, 2026 · 3.75% → 4.06% ▲ 0.31 pts · high 4.06% / low 3.75%
- Oct 8, 20264.06%▲ from 3.75%
- Sep 12, 20263.75%first recorded
Michigan One Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.80%
510 S Dexter St, Ionia, MI 48846
48 Month Certificate of Deposit
$500
4.00%
▲ 0.99% above Michigan avg
▼
Rate3.93%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 0.99% above avgNationally 2.81%
Details
Rate History
No change since Oct 13, 2026 · 4.00% APY · checked 2 times
Michigan One Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.80%
510 S Dexter St, Ionia, MI 48846
48 Month Regular CD
$500
4.00%
▲ 0.99% above Michigan avg
▼
Rate3.93%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 0.99% above avgNationally 2.81%
Details
Rate History
1 change since Sep 14, 2026 · 3.80% → 4.00% ▲ 0.20 pts · high 4.00% / low 3.80%
- Oct 9, 20264.00%▲ from 3.80%
- Sep 14, 20263.80%first recorded
Huron Valley State Bank
Institution Rating:
A-5.0 ★Texas Ratio: 14.74%
130 S Milford Rd, Milford, MI 48381
Certificate of Deposit - 4 Year
$0
3.92%
▲ 0.91% above Michigan avg
▼
Rate3.86%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 21, 2026
Michigan Average3.01%▲ 0.91% above avgNationally 2.81%
Details
Balance: $500 - $49,999.99
Rate History
No change since Sep 24, 2026 · 3.92% APY · checked 6 times
Directions Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.08%
3558 Sterns Rd, Lambertville, MI 48144
48 Month Certificate
$500
3.92%
▲ 0.91% above Michigan avg
▼
Rate3.85%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 0.91% above avgNationally 2.81%
Details
Effective 10/01/2026
Rate History
No change since Sep 14, 2026 · 3.92% APY · checked 8 times
Farmers Insurance Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 12.30%
5600 Beechtree Ln SE, Caledonia, MI 49316 9587
48 Month Jumbo Share Certificate - DDEP Bonus
$100,000
3.90%
▲ 0.89% above Michigan avg
▼
RateN/A
Min Deposit$100,000
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average3.01%▲ 0.89% above avgNationally 2.81%
Details
JUMBO certificate; DDEP bonus: requires DDEP of $1,000.00 or more monthly; applied upfront after account opening
Rate History
No change since Oct 20, 2026 · 3.90% APY
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.88%
2929 3rd Ave N, Escanaba, MI 49829 4203
Certificate - 48 Month Jump Rate Certificate
$500
3.90%
▲ 0.89% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.01%▲ 0.89% above avgNationally 2.81%
Details
Rate Jump certificate; may opt into a new rate once per term if rates increase within the term; Substantial penalty for early withdrawals
Rate History
No change since Oct 23, 2026 · 3.90% APY
LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.31%
4866 Alpine Ave NW, Comstock Park, MI 49321 8579
48 Month IRA/HSA CD - VIP Bonus
$500
3.90%
▲ 0.89% above Michigan avg
▼
Rate3.83%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 0.89% above avgNationally 2.81%
Details
VIP Relationship Reward Bonus; Rates as of 10/18/26
Rate History
No change since Oct 13, 2026 · 3.90% APY · checked 2 times
Dort Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.06%
9048 HOLLY RD, GRAND BLANC, MI 48439
Jumbo Term Share Certificates - 4 Years
$0
3.90%
▲ 0.89% above Michigan avg
▼
Rate3.84%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 0.89% above avgNationally 2.81%
Details
Subject to penalty for early withdrawal
Rate History
No change since Sep 14, 2026 · 3.90% APY · checked 7 times
St Francis X Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.43%
2140 M 119, Petoskey, MI 49770
48 Month CD & IRA CD
$0
3.85%
▲ 0.84% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.01%▲ 0.84% above avgNationally 2.81%
Details
Second Tier APY; Balance: $100,000+
Rate History
1 change since Sep 12, 2026 · 2.75% → 3.85% ▲ 1.10 pts · high 3.85% / low 2.75%
- Oct 4, 20263.85%▲ from 2.75%
- Sep 12, 20262.75%first recorded
Community Focus Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.32%
18925 Telegraph Rd, Brownstown, MI 48174 9546
4 Year Certificate
$1,000
3.85%
▲ 0.84% above Michigan avg
▼
RateN/A
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.01%▲ 0.84% above avgNationally 2.81%
Details
Share Certificate
Rate History
No change since Oct 22, 2026 · 3.85% APY · checked 2 times
PFCU Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.00%
9077 Charlotte Hwy, Portland, MI 48875
IRA Certificate - 48 months
$0
3.85%
▲ 0.84% above Michigan avg
▼
Rate3.77%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 0.84% above avgNationally 2.81%
Details
Rate History
No change since Sep 14, 2026 · 3.85% APY · checked 3 times
Arbor Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 12.10%
1551 S 9TH ST, KALAMAZOO, MI 49009 9404
Certificate of Deposit - 48 Month
$0
3.80%
▲ 0.79% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 0.79% above avgNationally 2.81%
Details
Balance: $500 - $29,999.99
Rate History
1 change since Sep 14, 2026 · 2.25% → 3.80% ▲ 1.55 pts · high 3.80% / low 2.25%
- Oct 9, 20263.80%▲ from 2.25%
- Sep 14, 20262.25%first recorded
Arbor Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 12.10%
1551 S 9TH ST, KALAMAZOO, MI 49009 9404
Traditional, Roth, & IRA 48 Month Certificate
$0
3.80%
▲ 0.79% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 0.79% above avgNationally 2.81%
Details
Balance: $500 - $29,999.99; APY*
Rate History
No change since Oct 13, 2026 · 3.80% APY · checked 2 times
CASE Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.11%
4316 S Pennsylvania Ave, Lansing, MI 48910
4 Year TDA or IRA TDA
$0
3.80%
▲ 0.79% above Michigan avg
▼
Rate3.74%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 0.79% above avgNationally 2.81%
Details
Rate declared as of the end of last month and may not reflect the current rate
Rate History
1 change since Sep 14, 2026 · 3.40% → 3.80% ▲ 0.40 pts · high 3.80% / low 3.40%
- Oct 9, 20263.80%▲ from 3.40%
- Sep 14, 20263.40%first recorded
County City Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.51%
4635 44th St SE, Grand Rapids, MI 49512
Share Certificate - 48 Month
$500
3.80%
▲ 0.79% above Michigan avg
▼
Rate3.75%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 0.79% above avgNationally 2.81%
Details
Rate History
No change since Oct 13, 2026 · 3.80% APY · checked 2 times
Dort Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.06%
9048 HOLLY RD, GRAND BLANC, MI 48439
Term Share Certificates - 4 Years
$0
3.80%
▲ 0.79% above Michigan avg
▼
Rate3.75%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 0.79% above avgNationally 2.81%
Details
Subject to penalty for early withdrawal
Rate History
No change since Sep 14, 2026 · 3.80% APY · checked 8 times
Farmers Insurance Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 12.30%
5600 Beechtree Ln SE, Caledonia, MI 49316 9587
48 Month Share Certificate - DDEP Bonus
$1,000
3.75%
▲ 0.74% above Michigan avg
▼
RateN/A
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average3.01%▲ 0.74% above avgNationally 2.81%
Details
DDEP bonus: requires DDEP of $1,000.00 or more monthly; applied upfront after account opening; 36 months and longer terms
Rate History
No change since Oct 20, 2026 · 3.75% APY
Michigan Educational Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.03%
9200 N Haggerty Rd, Plymouth, MI 48170 4633
48 Month IRA Share Certificate
$2,000
3.75%
▲ 0.74% above Michigan avg
▼
RateN/A
Min Deposit$2,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 0.74% above avgNationally 2.81%
Details
IRA Share Certificate; minimum $2,000 with additional $500 increments; dividends compounded quarterly; early withdrawal penalty applies; 3-5 years Share Certificate - 9 months of dividends accrued penalty
Rate History
1 change since Sep 14, 2026 · 3.40% → 3.75% ▲ 0.35 pts · high 3.75% / low 3.40%
- Oct 9, 20263.75%▲ from 3.40%
- Sep 14, 20263.40%first recorded
Michigan Educational Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.03%
9200 N Haggerty Rd, Plymouth, MI 48170 4633
48 Month Share Certificate
$5,000
3.75%
▲ 0.74% above Michigan avg
▼
RateN/A
Min Deposit$5,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 0.74% above avgNationally 2.81%
Details
Minimum Credit Limit: $5,000; Early withdrawal penalty applies
Rate History
1 change since Sep 14, 2026 · 3.40% → 3.75% ▲ 0.35 pts · high 3.75% / low 3.40%
- Oct 15, 20263.75%▲ from 3.40%
- Sep 14, 20263.40%first recorded
Isabella Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.73%
2400 S Isabella RD, MT Pleasant, MI 48858
48 Month Certificate of Deposit
$0
3.75%
▲ 0.74% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 0.74% above avgNationally 2.81%
Details
$10,000 Minimum APY; Interest is compounded monthly; Penalty for early withdrawal; Effective Date: October 1, 2026
Rate History
1 change since Sep 22, 2026 · 3.60% → 3.75% ▲ 0.15 pts · high 3.75% / low 3.60%
- Oct 19, 20263.75%▲ from 3.60%
- Sep 22, 20263.60%first recorded
Embers Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.40%
1001 W Baraga Ave, Marquette, MI 49855
48 Month Certificates
$1,000
3.75%
▲ 0.74% above Michigan avg
▼
RateN/A
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 0.74% above avgNationally 2.81%
Details
Dividends are paid monthly.
Rate History
No change since Sep 26, 2026 · 3.75% APY · checked 3 times
Members First Credit Union Midland, MI
Institution Rating:
A+5.0 ★Texas Ratio: 4.54%
600 W Wackerly St, Midland, MI 48640 4702
48 Month Certificates of Deposit
$500
3.75%
▲ 0.74% above Michigan avg
▼
Rate3.69%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 0.74% above avgNationally 2.81%
Details
Minimum opening deposit $500.00; Members under 18: $100.00 minimum balance; 0.10% APY bonus with M1 Premier Checking; early withdrawal penalty may apply
Rate History
No change since Oct 13, 2026 · 3.75% APY · checked 2 times
Members First Credit Union Midland, MI
Institution Rating:
A+5.0 ★Texas Ratio: 4.54%
600 W Wackerly St, Midland, MI 48640 4702
Certificate of Deposit - 48 Months
$500
3.75%
▲ 0.74% above Michigan avg
▼
Rate3.69%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 0.74% above avgNationally 2.81%
Details
Under-18 minimum balance $100.00; 0.10% APY bonus with M1 Premier Checking Account; early withdrawal penalty may apply
Rate History
No change since Oct 13, 2026 · 3.75% APY · checked 2 times
LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.31%
4866 Alpine Ave NW, Comstock Park, MI 49321 8579
48 Month CD - VIP Bonus
$0
3.75%
▲ 0.74% above Michigan avg
▼
Rate3.69%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.01%▲ 0.74% above avgNationally 2.81%
Details
VIP Relationship Reward Bonus rate; where noted, CD rates include 0.25% MORE VIP Relationship Reward Bonus
Rate History
No change since Oct 13, 2026 · 3.75% APY · checked 2 times
Michigan 60 Month CD Rates
MonitorBankRates Michigan Average · 60 Month CD3.04% APY▼ 0.01% from last weekNational 2.92%
The average 60-month CD rate in Michigan is 3.04% APY, compared with 2.92% nationally, as of October 25, 2026. Figures are compiled by MonitorBankRates from more than 8,500 U.S. banks and credit unions.
Source: Verified CD Rate Data provided by MonitorBankRates
Institution
Product
Min Deposit
APY
Profile
Michigan One Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.80%
510 S Dexter St, Ionia, MI 48846
60 Month Minor CD Special
$100
5.12%
▲ 2.08% above Michigan avg
▼
Rate5.00%
Min Deposit$100
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 2.08% above avgNationally 2.92%
Details
Minor CD Special, for minors; $100 minimum, $5,000 maximum
Rate History
No change since Sep 18, 2026 · 5.12% APY · checked 3 times
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.28%
S216 Menominee St, Stephenson, MI 49887
Relationship CD - 60 Month
$2,500
4.75%
▲ 1.71% above Michigan avg
▼
Rate4.67%
Min Deposit$2,500
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average3.04%▲ 1.71% above avgNationally 2.92%
Details
Relationship CD; relationship defined as Direct Deposit Checking; Minimum $2500 to open
Rate History
1 change since Sep 14, 2026 · 4.35% → 4.75% ▲ 0.40 pts · high 4.75% / low 4.35%
- Sep 24, 20264.75%▲ from 4.35%
- Sep 14, 20264.35%first recorded
First National Bank of America (FNBA)
Institution Rating:
B-4.3 ★Texas Ratio: 23.12%
241 E Saginaw St, East Lansing, MI 48823
Certificate of Deposit - 60 Month
$0
4.60%
▲ 1.56% above Michigan avg
▼
Rate4.52%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average3.04%▲ 1.56% above avgNationally 2.92%
Details
Rate History
3 changes since Sep 18, 2026 · 4.20% → 4.60% ▲ 0.40 pts · high 4.60% / low 4.20%
- Oct 14, 20264.60%▲ from 4.50%
- Oct 2, 20264.50%▲ from 4.30%
- Sep 24, 20264.30%▲ from 4.20%
- Sep 18, 20264.20%first recorded
First National Bank of America (FNBA)
Institution Rating:
B-4.3 ★Texas Ratio: 23.12%
241 E Saginaw St, East Lansing, MI 48823
Time Certificate of Deposit - 60 Month
$0
4.60%
▲ 1.56% above Michigan avg
▼
Rate4.52%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average3.04%▲ 1.56% above avgNationally 2.92%
Details
East Lansing Rates
Rate History
1 change since Oct 7, 2026 · 4.50% → 4.60% ▲ 0.10 pts · high 4.60% / low 4.50%
- Oct 14, 20264.60%▲ from 4.50%
- Oct 7, 20264.50%first recorded
Gerber Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.59%
508 State St, Fremont, MI 49412
Share Certificate - 60 Month
$0
4.50%
▲ 1.46% above Michigan avg
▼
Rate4.41%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.04%▲ 1.46% above avgNationally 2.92%
Details
Rates effective October 1, 2026
Rate History
No change since Sep 12, 2026 · 4.50% APY · checked 2 times
Advia Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.38%
500 10th St, Port Huron, MI 48060
3 - 60 Month Regular CD
$500
4.50%
▲ 1.46% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average3.04%▲ 1.46% above avgNationally 2.92%
Details
Standard rates as high as 4.50% APY; flexible 3 to 60-month terms; federally insured by NCUA up to $250,000 per depositor
Rate History
No change since Oct 22, 2026 · 4.50% APY
DOW
Institution Rating:
A+5.0 ★Texas Ratio: 1.26%
600 E Lyon Rd, Midland, MI 48640 5396
3-60 Month Simple CDs
$500
4.50%
▲ 1.46% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.46% above avgNationally 2.92%
Details
As high as; Starting minimum deposit is $500; APY assumes interest payouts remain in certificate until maturity; Rate effective 10/01/2026; early withdrawal penalty applies
Rate History
No change since Oct 14, 2026 · 4.50% APY · checked 2 times
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.45%
3030 S Adrian Hwy, Adrian, MI 49221
Platinum Member Specials - 60 Month
$1,000
4.47%
▲ 1.43% above Michigan avg
▼
Rate4.40%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.43% above avgNationally 2.92%
Details
Platinum Membership rate (0.15% higher than regular); Platinum qualification requires 3 of 4 services: Checking, Debit Card, Online Banking, Direct Deposit; $1,000 minimum deposit to open and earn the stated APY; 365 day penalty for early withdrawal; APYs as of 9/24/2026
Rate History
No change since Oct 19, 2026 · 4.47% APY
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.45%
3030 S Adrian Hwy, Adrian, MI 49221
Platinum Member Specials IRA - 60 Month
$1,000
4.47%
▲ 1.43% above Michigan avg
▼
Rate4.40%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.43% above avgNationally 2.92%
Details
IRA certificate; Platinum Membership rate (0.15% higher than regular); Platinum qualification requires 3 of 4 services: Checking, Debit Card, Online Banking, Direct Deposit; $1,000 minimum deposit to open and earn the stated APY; 365 day penalty for early withdrawal; APYs as of 9/24/2026
Rate History
No change since Oct 19, 2026 · 4.47% APY
TruNorth Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.74%
1419 N 2nd St, Ishpeming, MI 49849 1149
Jumbo Share Certificate - 60 month
$100,000
4.42%
▲ 1.38% above Michigan avg
▼
Rate4.35%
Min Deposit$100,000
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.04%▲ 1.38% above avgNationally 2.92%
Details
Minimum deposit of $100,000.00; Certificate specials will not renew at end of term; A penalty may be imposed for early withdrawal
Rate History
1 change since Sep 12, 2026 · 4.11% → 4.42% ▲ 0.31 pts · high 4.42% / low 4.11%
- Oct 4, 20264.42%▲ from 4.11%
- Sep 12, 20264.11%first recorded
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.64%
3777 West Rd, East Lansing, MI 48823 8029
5-Year Certificate or IRA-HSA Jumbo
$0
4.40%
▲ 1.36% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.04%▲ 1.36% above avgNationally 2.92%
Details
Valid thru 10/25/2026
Rate History
1 change since Sep 18, 2026 · 4.05% → 4.40% ▲ 0.35 pts · high 4.40% / low 4.05%
- Sep 25, 20264.40%▲ from 4.05%
- Sep 18, 20264.05%first recorded
DOW
Institution Rating:
A+5.0 ★Texas Ratio: 1.26%
600 E Lyon Rd, Midland, MI 48640 5396
Simple CD - 60 Months
$500
4.40%
▲ 1.36% above Michigan avg
▼
Rate4.31%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.36% above avgNationally 2.92%
Details
Starting minimum deposit of $500; not eligible for Member Saver Reward
Rate History
No change since Oct 14, 2026 · 4.40% APY · checked 2 times
Extra Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.32%
6611 Chicago Rd, Warren, MI 48092 1685
Fixed-Rate Certificate - 60 Months
$0
4.37%
▲ 1.33% above Michigan avg
▼
Rate4.30%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.33% above avgNationally 2.92%
Details
Dividends paid and compounded quarterly; penalty may be imposed for early withdrawal; 10-day grace period after maturity for auto-renewing accounts
Rate History
1 change since Sep 18, 2026 · 4.06% → 4.37% ▲ 0.31 pts · high 4.37% / low 4.06%
- Oct 19, 20264.37%▲ from 4.06%
- Sep 18, 20264.06%first recorded
Adventure Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.17%
630 32nd St SE, Grand Rapids, MI 49548 2306
60 month CD
$500
4.35%
▲ 1.31% above Michigan avg
▼
Rate4.28%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.31% above avgNationally 2.92%
Details
Effective Date: October 1, 2026; Early withdrawal penalty: 180-days loss of interest
Rate History
1 change since Sep 14, 2026 · 3.40% → 4.35% ▲ 0.95 pts · high 4.35% / low 3.40%
- Oct 19, 20264.35%▲ from 3.40%
- Sep 14, 20263.40%first recorded
Adventure Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.17%
630 32nd St SE, Grand Rapids, MI 49548 2306
60-Month CD
$500
4.35%
▲ 1.31% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.31% above avgNationally 2.92%
Details
Advertised as high as 4.35% APY on the homepage card; Choose your term: 6 to 60 months; Early withdrawal penalty 180-days loss of interest
Rate History
No change since Oct 9, 2026 · 4.35% APY · checked 2 times
Gratiot Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.16%
211 W Center St, Alma, MI 48801 2206
60 Month Timed Certificate
$1,000
4.33%
▲ 1.29% above Michigan avg
▼
Rate4.25%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.29% above avgNationally 2.92%
Details
Rate History
No change since Oct 13, 2026 · 4.33% APY · checked 2 times
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.45%
3030 S Adrian Hwy, Adrian, MI 49221
60 Month Certificate
$1,000
4.32%
▲ 1.28% above Michigan avg
▼
Rate4.25%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.28% above avgNationally 2.92%
Details
$1,000 minimum deposit to open and earn the stated APY; APYs as of 9/24/2026
Rate History
2 changes since Sep 18, 2026 · 4.11% → 4.32% ▲ 0.21 pts · high 4.47% / low 4.11%
- Oct 9, 20264.32%▼ from 4.47%
- Sep 29, 20264.47%▲ from 4.11%
- Sep 18, 20264.11%first recorded
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.45%
3030 S Adrian Hwy, Adrian, MI 49221
60 Month IRA Certificate
$1,000
4.32%
▲ 1.28% above Michigan avg
▼
Rate4.25%
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.28% above avgNationally 2.92%
Details
$1,000 minimum deposit to open and earn the stated APY; APYs as of 9/24/2026
Rate History
2 changes since Sep 18, 2026 · 4.11% → 4.32% ▲ 0.21 pts · high 4.47% / low 4.11%
- Oct 19, 20264.32%▼ from 4.47%
- Sep 29, 20264.47%▲ from 4.11%
- Sep 18, 20264.11%first recorded
Superior National Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.32%
235 Quincy St, Hancock, MI 49930
60 Month CD
$500
4.30%
▲ 1.26% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average3.04%▲ 1.26% above avgNationally 2.92%
Details
APY compounded quarterly; A penalty may be imposed for early withdrawal
Rate History
1 change since Sep 19, 2026 · 3.90% → 4.30% ▲ 0.40 pts · high 4.30% / low 3.90%
- Oct 14, 20264.30%▲ from 3.90%
- Sep 19, 20263.90%first recorded
North Central Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.83%
2665 Reserve Rd, Houghton Lake, MI 48629
60 MONTH CD
$50,000
4.30%
▲ 1.26% above Michigan avg
▼
RateN/A
Min Deposit$50,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.26% above avgNationally 2.92%
Details
Rate History
1 change since Sep 14, 2026 · 3.95% → 4.30% ▲ 0.35 pts · high 4.30% / low 3.95%
- Oct 9, 20264.30%▲ from 3.95%
- Sep 14, 20263.95%first recorded
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.28%
S216 Menominee St, Stephenson, MI 49887
CD - 60 Month
$2,500
4.25%
▲ 1.21% above Michigan avg
▼
Rate4.18%
Min Deposit$2,500
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average3.04%▲ 1.21% above avgNationally 2.92%
Details
Minimum $2500 to open
Rate History
1 change since Sep 14, 2026 · 3.85% → 4.25% ▲ 0.40 pts · high 4.25% / low 3.85%
- Sep 24, 20264.25%▲ from 3.85%
- Sep 14, 20263.85%first recorded
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.64%
3777 West Rd, East Lansing, MI 48823 8029
5-Year Certificate or IRA-HSA
$0
4.25%
▲ 1.21% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.04%▲ 1.21% above avgNationally 2.92%
Details
Valid thru 10/25/2026
Rate History
1 change since Sep 18, 2026 · 3.90% → 4.25% ▲ 0.35 pts · high 4.25% / low 3.90%
- Sep 25, 20264.25%▲ from 3.90%
- Sep 18, 20263.90%first recorded
North Central Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.83%
2665 Reserve Rd, Houghton Lake, MI 48629
60 MONTH CD
$500
4.20%
▲ 1.16% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.16% above avgNationally 2.92%
Details
Rate History
1 change since Sep 14, 2026 · 3.85% → 4.20% ▲ 0.35 pts · high 4.20% / low 3.85%
- Oct 9, 20264.20%▲ from 3.85%
- Sep 14, 20263.85%first recorded
Farmers Insurance Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 12.30%
5600 Beechtree Ln SE, Caledonia, MI 49316 9587
60 Month Jumbo Share Certificate - DDEP Bonus
$100,000
4.15%
▲ 1.11% above Michigan avg
▼
RateN/A
Min Deposit$100,000
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average3.04%▲ 1.11% above avgNationally 2.92%
Details
JUMBO certificate; DDEP bonus: requires DDEP of $1,000.00 or more monthly; applied upfront after account opening
Rate History
No change since Oct 20, 2026 · 4.15% APY
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.88%
2929 3rd Ave N, Escanaba, MI 49829 4203
60 Month IRA Certificate
$0
4.15%
▲ 1.11% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.04%▲ 1.11% above avgNationally 2.92%
Details
IRA - Individual accounts only
Rate History
No change since Sep 16, 2026 · 4.15% APY · checked 6 times
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.88%
2929 3rd Ave N, Escanaba, MI 49829 4203
Certificate - 60 Months
$500
4.15%
▲ 1.11% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.04%▲ 1.11% above avgNationally 2.92%
Details
Substantial penalty for early withdrawals
Rate History
No change since Sep 16, 2026 · 4.15% APY · checked 7 times
LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.31%
4866 Alpine Ave NW, Comstock Park, MI 49321 8579
60 Month IRA/HSA CD - VIP Bonus
$500
4.15%
▲ 1.11% above Michigan avg
▼
Rate4.07%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.11% above avgNationally 2.92%
Details
VIP Relationship Reward Bonus; Rates as of 10/18/26
Rate History
No change since Oct 13, 2026 · 4.15% APY · checked 2 times
TruNorth Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.74%
1419 N 2nd St, Ishpeming, MI 49849 1149
60 Month Share Certificate
$500
4.11%
▲ 1.07% above Michigan avg
▼
Rate4.05%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.04%▲ 1.07% above avgNationally 2.92%
Details
Minimum deposit of $500.00; Certificate specials will not renew at end of term; Limited time offer; penalty may be imposed for early withdrawal
Rate History
1 change since Sep 12, 2026 · 3.80% → 4.11% ▲ 0.31 pts · high 4.11% / low 3.80%
- Oct 8, 20264.11%▲ from 3.80%
- Sep 12, 20263.80%first recorded
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
Jumbo and Jumbo IRA Certificates - 5 Years
$0
4.09%
▲ 1.05% above Michigan avg
▼
Rate4.03%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.05% above avgNationally 2.92%
Details
Balance: $100,000 and over; Penalty for early withdrawal
Rate History
1 change since Sep 14, 2026 · 4.08% → 4.09% ▲ 0.01 pts · high 4.09% / low 4.08%
- Oct 14, 20264.09%▲ from 4.08%
- Sep 14, 20264.08%first recorded
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
Jumbo Certificate - 5 Years
$100,000
4.09%
▲ 1.05% above Michigan avg
▼
Rate4.03%
Min Deposit$100,000
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.05% above avgNationally 2.92%
Details
Minimum balance $100,000 to open and earn APY; penalty for early withdrawal
Rate History
No change since Oct 19, 2026 · 4.09% APY
Wildfire Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.16%
6640 Bay Rd, Saginaw, MI 48604
60 Month Business Jumbo Certificates
$0
4.07%
▲ 1.03% above Michigan avg
▼
Rate3.99%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.03% above avgNationally 2.92%
Details
Effective Date: 10/18/2026; Dividends compounded & credited monthly; Penalty for early withdrawal
Rate History
No change since Oct 19, 2026 · 4.07% APY
Wildfire Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.16%
6640 Bay Rd, Saginaw, MI 48604
60 Month HSA Jumbo Certificates
$0
4.07%
▲ 1.03% above Michigan avg
▼
Rate3.99%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.03% above avgNationally 2.92%
Details
Effective Date: 10/18/2026; Dividends compounded & credited monthly; Penalty for early withdrawal; Jumbo HSA Certificates
Rate History
No change since Oct 19, 2026 · 4.07% APY
Wildfire Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.16%
6640 Bay Rd, Saginaw, MI 48604
60 Month Jumbo Certificates
$0
4.07%
▲ 1.03% above Michigan avg
▼
Rate3.99%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.03% above avgNationally 2.92%
Details
Effective 10/18/2026; $100,000 minimum balance; dividends compounded & credited monthly; penalty for early withdrawal
Rate History
No change since Sep 14, 2026 · 4.07% APY · checked 8 times
Wildfire Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.16%
6640 Bay Rd, Saginaw, MI 48604
Jumbo Certificates - 60 months
$0
4.07%
▲ 1.03% above Michigan avg
▼
Rate3.99%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.03% above avgNationally 2.92%
Details
Effective Date: 10/18/2026; Dividends compounded & credited monthly; Penalty for early withdrawal
Rate History
No change since Sep 14, 2026 · 4.07% APY · checked 2 times
UP State Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.41%
123 S Lincoln Rd, Escanaba, MI 49829 1339
5 Year Certificate of Deposit
$1,000
4.06%
▲ 1.02% above Michigan avg
▼
RateN/A
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 22, 2026
Michigan Average3.04%▲ 1.02% above avgNationally 2.92%
Details
Minimum Opening Balance: $1,000.00
Rate History
No change since Oct 22, 2026 · 4.06% APY
Arbor Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 12.10%
1551 S 9TH ST, KALAMAZOO, MI 49009 9404
Certificate of Deposit - 60 Month
$0
4.05%
▲ 1.01% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.01% above avgNationally 2.92%
Details
Balance: $500 - $29,999.99
Rate History
1 change since Sep 14, 2026 · 2.50% → 4.05% ▲ 1.55 pts · high 4.05% / low 2.50%
- Oct 9, 20264.05%▲ from 2.50%
- Sep 14, 20262.50%first recorded
Arbor Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 12.10%
1551 S 9TH ST, KALAMAZOO, MI 49009 9404
Traditional, Roth, & IRA 60 Month Certificate
$0
4.05%
▲ 1.01% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.01% above avgNationally 2.92%
Details
Balance: $500 - $29,999.99; APY*
Rate History
No change since Oct 13, 2026 · 4.05% APY · checked 2 times
Michigan One Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.80%
510 S Dexter St, Ionia, MI 48846
60 Month Certificate of Deposit
$500
4.05%
▲ 1.01% above Michigan avg
▼
Rate3.98%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.01% above avgNationally 2.92%
Details
Rate History
No change since Oct 13, 2026 · 4.05% APY · checked 2 times
Michigan One Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.80%
510 S Dexter St, Ionia, MI 48846
60 Month Regular CD
$500
4.05%
▲ 1.01% above Michigan avg
▼
Rate3.98%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.01% above avgNationally 2.92%
Details
Rate History
1 change since Sep 14, 2026 · 3.85% → 4.05% ▲ 0.20 pts · high 4.05% / low 3.85%
- Oct 9, 20264.05%▲ from 3.85%
- Sep 14, 20263.85%first recorded
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
5 Year Term Certificate
$500
4.04%
▲ 1.00% above Michigan avg
▼
Rate3.98%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.00% above avgNationally 2.92%
Details
Penalty for early withdrawal
Rate History
No change since Oct 10, 2026 · 4.04% APY · checked 2 times
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
IRA Certificate - 5 Years
$500
4.04%
▲ 1.00% above Michigan avg
▼
Rate3.98%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.00% above avgNationally 2.92%
Details
$500 minimum balance to open and earn APY; Penalty for early withdrawal; Source caption reads IRA Certificates but rows sit under Term Certificates $500 and Above heading
Rate History
1 change since Sep 18, 2026 · 4.03% → 4.04% ▲ 0.01 pts · high 4.04% / low 4.03%
- Oct 10, 20264.04%▲ from 4.03%
- Sep 18, 20264.03%first recorded
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.37%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
Term Certificate - 5 Years
$500
4.04%
▲ 1.00% above Michigan avg
▼
Rate3.98%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 1.00% above avgNationally 2.92%
Details
Term Certificates $500 and Above; Penalty for early withdrawal
Rate History
1 change since Sep 14, 2026 · 4.03% → 4.04% ▲ 0.01 pts · high 4.04% / low 4.03%
- Oct 10, 20264.04%▲ from 4.03%
- Sep 14, 20264.03%first recorded
Farmers Insurance Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 12.30%
5600 Beechtree Ln SE, Caledonia, MI 49316 9587
60 Month Share Certificate - DDEP Bonus
$1,000
4.00%
▲ 0.96% above Michigan avg
▼
RateN/A
Min Deposit$1,000
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average3.04%▲ 0.96% above avgNationally 2.92%
Details
DDEP bonus: requires DDEP of $1,000.00 or more monthly; applied upfront after account opening; 36 months and longer terms
Rate History
No change since Oct 20, 2026 · 4.00% APY
St Francis X Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.43%
2140 M 119, Petoskey, MI 49770
60 Month CD & IRA CD
$0
4.00%
▲ 0.96% above Michigan avg
▼
RateN/A
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.04%▲ 0.96% above avgNationally 2.92%
Details
Second Tier APY; Balance: $100,000+
Rate History
1 change since Sep 12, 2026 · 3.00% → 4.00% ▲ 1.00 pts · high 4.00% / low 3.00%
- Oct 4, 20264.00%▲ from 3.00%
- Sep 12, 20263.00%first recorded
LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.31%
4866 Alpine Ave NW, Comstock Park, MI 49321 8579
60 Month CD - VIP Bonus
$0
4.00%
▲ 0.96% above Michigan avg
▼
Rate3.93%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 0.96% above avgNationally 2.92%
Details
VIP Relationship Reward Bonus rate; where noted, CD rates include 0.25% MORE VIP Relationship Reward Bonus
Rate History
No change since Oct 13, 2026 · 4.00% APY · checked 2 times
Dort Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.06%
9048 HOLLY RD, GRAND BLANC, MI 48439
Jumbo Term Share Certificates - 5 Years
$0
4.00%
▲ 0.96% above Michigan avg
▼
Rate3.94%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 0.96% above avgNationally 2.92%
Details
Subject to penalty for early withdrawal
Rate History
No change since Sep 14, 2026 · 4.00% APY · checked 7 times
Directions Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.08%
3558 Sterns Rd, Lambertville, MI 48144
60 Month Certificate
$500
3.97%
▲ 0.93% above Michigan avg
▼
Rate3.90%
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 19, 2026
Michigan Average3.04%▲ 0.93% above avgNationally 2.92%
Details
Effective 10/01/2026
Rate History
No change since Sep 14, 2026 · 3.97% APY · checked 8 times
Huron Valley State Bank
Institution Rating:
A-5.0 ★Texas Ratio: 14.74%
130 S Milford Rd, Milford, MI 48381
Certificates of Deposit - 5 Year
$0
3.96%
▲ 0.92% above Michigan avg
▼
Rate3.90%
Min Deposit$0
Min BalanceN/A
Verified and UpdatedOct 21, 2026
Michigan Average3.04%▲ 0.92% above avgNationally 2.92%
Details
Balance: $500 - $49,999.99
Rate History
No change since Sep 24, 2026 · 3.96% APY · checked 6 times
Farmers Insurance Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 12.30%
5600 Beechtree Ln SE, Caledonia, MI 49316 9587
60 Month Jumbo Share Certificate
$100,000
3.90%
▲ 0.86% above Michigan avg
▼
RateN/A
Min Deposit$100,000
Min BalanceN/A
Verified and UpdatedOct 20, 2026
Michigan Average3.04%▲ 0.86% above avgNationally 2.92%
Details
JUMBO certificate
Rate History
No change since Oct 20, 2026 · 3.90% APY
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.88%
2929 3rd Ave N, Escanaba, MI 49829 4203
Certificate - 60 Month Jump Rate Certificate
$500
3.90%
▲ 0.86% above Michigan avg
▼
RateN/A
Min Deposit$500
Min BalanceN/A
Verified and UpdatedOct 23, 2026
Michigan Average3.04%▲ 0.86% above avgNationally 2.92%
Details
Rate Jump certificate; may opt into a new rate once per term if rates increase within the term; Substantial penalty for early withdrawals
Rate History
No change since Oct 23, 2026 · 3.90% APY
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The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The “Min Deposit” indicates the minimum amount required to earn the stated APY.
Banks and Credit Unions: If you identify an incorrect rate or wish to request removal from MonitorBankRates.com, please contact us here.
Banks and Credit Unions: If you identify an incorrect rate or wish to request removal from MonitorBankRates.com, please contact us here.
Michigan CD Rate Trends
Compare local Michigan CD rate quotes against the statewide average
Daily CD rate averages tracked across our database of 8,500+ banks and credit unions, updated every evening.
12-Month CD MI Avg
3.110%
▼ 0.026 vs 7 days ago
Michigan 12-month CD rates fell 0.026 points over the past 7 days to 3.110% APY.
6-Month CD MI Avg
2.874%
▼ 0.039 vs 7 days ago
Michigan 6-month CD rates fell 0.039 points over the past 7 days to 2.874% APY.
As of Oct 25, 2026 • Rate data sourced from 8,500+ monitored institutions
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MI CD Rate Forecast, Next 12 Months
Where are Michigan CD rates headed through October 2027?
Projections based on Fed funds rate futures and historical CD-to-fed-funds spread model. Not financial advice.
MI 12-Month Avg APY
3.110%
6-Month Forecast
3.110%
Range: 2.91%, 3.26%
12-Month Forecast
3.360%
Range: 3.16%, 3.51%
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What Your Savings Earn at MI CD Rates Today
Annual interest earnings at today’s Michigan average APYs. State average used where available; national average as fallback.
| CD Term | MI Avg APY | $5,000 | $10,000 | $25,000 | $50,000 |
|---|---|---|---|---|---|
| 3-Month CD | 2.141% | $107.04 | $214.08 | $535.20 | $1,070.40 |
| 6-Month CD | 2.874% | $143.71 | $287.42 | $718.55 | $1,437.10 |
| 12-Month CD | 3.110% | $155.50 | $311.00 | $777.50 | $1,555.00 |
| 18-Month CD | 3.043% | $152.13 | $304.26 | $760.65 | $1,521.30 |
| 24-Month CD | 2.963% | $148.17 | $296.33 | $740.83 | $1,481.65 |
| 36-Month CD | 2.933% | $146.65 | $293.29 | $733.23 | $1,466.45 |
| 48-Month CD | 3.006% | $150.30 | $300.60 | $751.50 | $1,503.00 |
| 60-Month CD | 3.045% | $152.24 | $304.48 | $761.20 | $1,522.40 |
| Earnings shown are annualized (APY basis). Actual earnings for sub-12-month terms will be proportionally lower at maturity. Rates as of October 23, 2026. | |||||
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Sample CD Ladder for Michigan Savers
$25,000 split equally across 5 terms using today’s Michigan average rates. As each CD matures, reinvest at the 36-month rung.
| Rung | Term | Deposit | MI Avg APY | Annual Earnings |
|---|---|---|---|---|
| 1 | 3-Month CD | $5,000 | 2.141% | $107.04 |
| 2 | 6-Month CD | $5,000 | 2.874% | $143.71 |
| 3 | 12-Month CD | $5,000 | 3.110% | $155.50 |
| 4 | 24-Month CD | $5,000 | 2.963% | $148.17 |
| 5 | 36-Month CD | $5,000 | 2.933% | $146.65 |
| Total ($25,000 invested) | $25,000 | 2.804% blended | $701.07/yr | |
Ladder example uses equal $5,000 rungs and Michigan average APYs. Actual earnings depend on the specific institution and product chosen. Use the calculator above to model your exact deposit amounts.
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2,024
CD Rates
Tracked in Michigan
Tracked in Michigan
25 Banks
98 Credit Unions
About Our Michigan CD Rate Database
MonitorBankRates tracks 2,024 CD rates from 25 banks and 98 credit unions with locations in Michigan, plus national online institutions available to Michigan residents. Our proprietary aggregation system pulls verified rate data directly from each institution’s official website, no estimates, no national averages passed off as real offers.
Every rate listed includes the institution’s Safety Grade (A+ to F), Star Rating (1 to 5), and Texas Ratio, objective financial health metrics calculated from FDIC and NCUA regulatory data, so you can compare yield and institutional safety in one place.
Current top rate: FreeStar Financial Credit Union offers a CD at 5.25% APY with a minimum deposit of $0. Use the rate table above to compare all current offers in Michigan.
How to Find the Best CD Rates in Michigan
What to compare when shopping for a CD in Michigan
To find the best APYs in Michigan, start with credit unions and online-only banks: Michigan has 98 credit unions in our database, and they consistently offer some of the highest yields because they have lower overhead than traditional banks and compete aggressively for deposits.
Always compare the APY (Annual Percentage Yield), not just the interest rate. The APY reflects compounding and is the true measure of what you’ll earn.
Also compare the early withdrawal penalty. Common penalties range from 30 to 180 days of interest depending on the term. If you’re unsure whether you’ll need the funds early, a no-penalty CD or a high-yield savings account may be a better fit.
When a CD Makes Sense in Michigan
- You have a planned expense coming up and want your savings to earn while you wait
- You expect rates to fall and want to lock in today’s rate
- You want FDIC or NCUA protection with a guaranteed fixed return
- You prefer banking with an institution that has a local branch in Michigan: 123 institutions here report CD rates
Consider an Alternative If…
- You may need the funds within 30 days. Compare Michigan savings rates instead
- Rates are rising and you want to benefit: a variable-rate savings or money market account keeps pace
- You want check-writing access. Compare Michigan money market rates
Michigan Financial Snapshot
Local demographics and economic context for CD savers. Source: U.S. Census Bureau ACS 2024
Population 65+
18.6%
National avg: 17.3%
Median Individual Earnings
$42,935
National avg: $47,340
Poverty Rate
13.2%
National avg: 11.1%
Unemployment Rate
5.7%
National avg: 4.8%
CD Earnings on 10% of Salary
$134/yr
At MI 12-mo avg 3.110% APY
18.6% of residents are 65 or older, in line with the national average of 17.3%. At today’s MI 12-month CD average of 3.110%, saving 10% of the local median salary ($4,293/year) and putting it in a CD would earn an additional $134 annually in interest.
Data: U.S. Census Bureau, American Community Survey 5-Year Estimates 2024. Median earnings from ACS 2023 place-level estimates.
CD Rates vs. Other Savings Options in Michigan
What to compare when choosing between a CD and other deposit accounts
| Feature | CD | High-Yield Savings | Money Market | 6-Month CD |
|---|---|---|---|---|
| Rate Type | Fixed APY | Variable APY | Variable APY | Fixed APY |
| Liquidity | Locked for term | Anytime | Anytime | Locked 6 months |
| Early Withdrawal | Penalty (months of interest) | None | None | Penalty (90 to 180 days interest) |
| FDIC / NCUA Insured | Yes (up to $250K) | Yes (up to $250K) | Yes (up to $250K) | Yes (up to $250K) |
| Check / Debit Access | No | Usually no | Often yes | No |
| Best For | Known savings goal, CD ladder | Emergency fund, flexible savings | Liquid savings with check-writing | Slightly higher yield, less urgency |
How Certificates of Deposit Work in Michigan
A certificate of deposit (CD) is a deposit account that holds a fixed sum of money for a fixed term, commonly three months to five years, in exchange for a guaranteed interest rate. In return for leaving the money untouched until the term ends, a saver in Michigan typically earns a higher rate than a standard savings account pays. CDs from banks are insured by the FDIC and those from credit unions by the NCUA, in Michigan as everywhere in the U.S.
Choosing a CD Term in Michigan
The term is the length of time the money is committed before the CD matures. Shorter terms such as three or six months give Michigan savers easier access to their funds. For example, United Financial Credit Union is offering its 6 month - 4H or FFA CD at 5.05% APY. Longer terms such as three or five years usually pay higher rates. On the longer end, Michigan One Community Credit Union is offering its 60 Month Minor CD Special at 5.12% APY. When a CD matures, the depositor can withdraw the principal and interest or roll the balance into a new term, so it helps to match the term to when the money will actually be needed.
CD Risk and Safety for Michigan Savers
CDs are among the lowest-risk savings products available because the rate is fixed for the full term and the balance is federally insured up to $250,000 per depositor, per institution, per ownership category. For a Michigan saver, the main trade-off is liquidity: withdrawing funds before maturity usually triggers an early-withdrawal penalty, often 30 to 180 days of interest depending on the term.
How CD Interest Is Paid in Michigan
Interest on a CD is calculated using the annual percentage yield (APY), which reflects the effect of compounding over a year. Depending on the institution, interest may be credited monthly, quarterly, or at maturity, and can be paid out to a linked account or added back to the CD to compound. When comparing the Michigan CDs listed above, a saver gets the truest picture of total earnings by looking at APY rather than the nominal rate.
Fixed vs. Variable CD Rates in Michigan
Most CDs carry a fixed rate that is locked for the entire term, protecting a Michigan depositor if market rates fall after the account is opened. Some institutions offer variable-rate or bump-up CDs whose rate can change during the term; these may start lower but allow the rate to rise if conditions improve. Which is better depends on the direction a saver expects rates to move.
Frequently Asked Questions about CD Rates in Michigan
Are CD rates in Michigan FDIC insured?
Yes, most established banks in Michigan are insured by the FDIC up to $250,000 per depositor. Credit unions carry equivalent protection through the NCUA.
Do I have to pay state taxes on CD interest in Michigan?
Yes, interest earned on CDs is generally taxable income at both the federal and state levels. We recommend consulting a local tax professional regarding your specific obligations in Michigan.
Can I withdraw my money early from a CD?
You can, but most institutions charge an Early Withdrawal Penalty, typically a number of months of interest (e.g., 3 or 6 months). The exact amount varies by institution and CD term.
What is the difference between a Jumbo CD and a regular CD?
Jumbo CDs require a higher minimum deposit, traditionally $100,000 or more. In exchange, banks in Michigan may offer slightly higher APYs compared to standard CDs.
Are fixed-rate CDs better than variable-rate CDs?
Fixed-rate CDs lock in your APY for the full term, protecting you if rates drop. Variable-rate CDs allow your rate to rise with the market but may start with a lower initial yield.
What is a CD ladder?
A CD ladder involves opening multiple CDs with staggered maturity dates, for example 3-month, 6-month, 1-year, and 2-year. As each matures, you reinvest at the longest term, maximizing yield while maintaining regular access to a portion of your savings.
Best CD rates in Michigan?
Here are recent top rates found for this area:
- FreeStar Financial Credit Union: 5.25% APY (18-Month Special - Military)
- Diversified Members Credit Union: 5.15% APY (12 Month Legacy CD)
- Michigan One Community Credit Union: 5.12% APY (60 Month Minor CD Special)
- United Financial Credit Union: 5.05% APY (6 month - 4H or FFA CD)
- First National Bank of Michigan: 5.00% APY (3-Year Rising Rate Certificate of Deposit)
- OMNI Community Credit Union: 5.00% APY (Certificates of Deposit - 12 Month Youth Special)
- Best Financial Credit Union: 5.00% APY (12 Month Super Kids Certificate)
- Nicolet Bank: 4.75% APY (Relationship CD - 60 Month)
- Service 1 Federal Credit Union: 4.75% APY (6 Month Share Certificates)
- First National Bank of America (FNBA): 4.60% APY (Certificate of Deposit - 60 Month)
Rates reflect recent verified offers available in Michigan. Last Updated: October 23, 2026
Michigan CD Calculator
See exactly what a CD will earn by maturity. Enter your deposit, pick a term, and set the APY, or click any current Michigan rate on the right to apply that term and rate instantly. CD rates are fixed for the full term.
Interest at Maturity
$0
Ending Balance
$0
Matures
Assumes the APY is held to maturity with interest compounding and remaining in the CD. Early withdrawals typically forfeit 30 to 180 days of interest. Estimates are for informational purposes only.
CD Calculators for Michigan
Michigan CD Calculator
At today’s MI top rate of 5.25% APY, a $10,000 deposit earns $525 in the first year. Enter your amount to see your exact return.
Michigan CD LadderMI CD rates currently range from 2.141% (3-month) to 2.933% (36-month). Model a ladder with local rates to keep cash accessible while maximizing yield.
Early Withdrawal PenaltyBefore locking into a Michigan CD at 5.25% APY, know your exit cost. Most institutions charge 90 to 180 days of interest. Calculate your real net return if you need early access.
CD vs. High-Yield SavingsMichigan’s average 12-month CD is 3.110% APY. Compare locking in that rate against a flexible high-yield savings account to see which earns more for your deposit and timeline.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Michigan CD rate tables are free for consumers to use, and we do not receive payment from any financial institution to be included or to be ranked in any particular order. Listings are based solely on the rates each institution publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified CD Rate Data: We aggregate certificate of deposit (CD) rates for Michigan directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. By sourcing data from the institutions' own digital properties and manually verifying yields daily, every rate on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in Michigan. We feature a comprehensive mix of institutions, from neighborhood credit unions and competitive regional banks to high-yield CDs from large national institutions available to savers in MI.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update CD rates daily. Because yields can fluctuate rapidly, every CD product listed features its own specific “last updated” date for full transparency.
Disclaimer: Interest rates are variable and subject to change without notice. Verify current offers directly with the institution's official website. Last Updated and Verified: October 23, 2026
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