Current Mohawk, Michigan CD rates include United Financial Credit UnionUnited Financial Credit Union6310 Dixie Hwy, Bridgeport, MI 48722A+5.0 ★Texas Ratio: 3.73% offering 6 month - 4H or FFA CD at 5.05% APY, Best Financial Credit UnionBest Financial Credit Union1888 E Sherman Blvd, Muskegon, MI 49444 1822A+5.0 ★Texas Ratio: 3.56% offering 12 Month Super Kids Certificates of Deposit (CDs) at 5.00% APY, Wolverine State Credit UnionWolverine State Credit Union1381 N Bagley St, Alpena, MI 49707 8101A5.0 ★Texas Ratio: 6.10% offering 1 YEAR YOUTH CD at 4.34% APY, Family Financial Credit UnionFamily Financial Credit Union4075 W Polk Rd, Hart, MI 49420 8177A5.0 ★Texas Ratio: 6.25% offering Certificate of Deposit & IRA Certificate Jumbo 12 Month at 4.18% APY, and Meijer Credit UnionMeijer Credit Union2410 Gaynor Ave NW, Grand Rapids, MI 49544 1830A+5.0 ★Texas Ratio: 5.75% offering 6-Month CD at 4.10% APY. CD rates as of March 27, 2026 according to verified data from MonitorBankRates.
To help you find the best CD rates in Mohawk, Michigan, and the surrounding area,, use our comprehensive rate tables for side-by-side comparisons across all 8 CD terms from local and national banks and credit unions, to ensure you find the best CD rates available.
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: March 27, 2026
No minimum deposit.
High-Yield Rewards Checking Account required
$100,000 Minimum to Earn APY
A penalty may be imposed for early withdrawal. Fees may reduce earnings. Rates effective as of 03/23/2026 - 03/29/2026.
Relationship
Requires a minimum balance of $500.00
$2,500 minimum opening deposit; Early withdrawal penalties may apply
Max $5,000
New money only.
$500 Minimum
Relationship
$100,000 Minimum to Earn APY
A penalty may be imposed for early withdrawal. Fees may reduce earnings. Rates effective as of 03/23/2026 - 03/29/2026.
$500 minimum
No IRA
Requires a minimum balance of $500.00
$50 Minimum Deposit
High-Yield Rewards Checking Account required
Relationship
$100 and Above
A penalty may be imposed for early withdrawal. Fees may reduce earnings. Rates effective as of 03/23/2026 - 03/29/2026.
$50 Minimum Deposit
Requires a minimum balance of $500.00
$1,000 minimum
At maturity, the CD will be renewed into a 24-month CD.
$100,000 Minimum to Earn APY
(The interest rate and APY may change after account opening)
Relationship
A penalty may be imposed for early withdrawal. Fees may reduce earnings. Rates effective as of 03/23/2026 - 03/29/2026.
$50 Minimum Deposit
Relationship
$500 Minimum
$1000 minimum deposit
Requires a minimum balance of $500.00
$50 Minimum Deposit
$1,000 minimum
$100,000 Minimum to Earn APY
Relationship
$500.00
No Fees
Requires a minimum balance of $500.00
$50 Minimum Deposit
Bonus rate of 0.10% APY when the owner of this account who will receive the tax statement (the "Tax Reported Owner") is the Tax Reported Owner of an Ultra Checking account with an average monthly balance of at least $1.00.
Relationship
$500 Minimum
$50 Minimum Deposit
Requires a minimum balance of $500.00
Certificates may be subject to penalty for early withdrawal.
Relationship
$500 Minimum
$50 Minimum Deposit
Requires a minimum balance of $500.00
Certificates may be subject to penalty for early withdrawal.
Compare local Mohawk, MI CD rate quotes against the statewide average
Weekly CD rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
Michigan 12-month CD rates fell 0.353 points this week to 2.725% APY, down from 3.079% last week.
Michigan 6-month CD rates fell 0.256 points this week to 2.562% APY, down from 2.818% last week.
Direct-Sourced & Verified CD Rate Data: We aggregate certificate of deposit (CD) rates for Mohawk, 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 pulling data straight 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 Mohawk, 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.