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Detroit, MI CD rates

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Right now on our list of 6 month CD rates in Detroit, Michigan, we found Ally Bank the has the highest 6 month rate. Ally Bank's current 6 month CD interest rate is 1.04 percent with a CD interest yield of 1.04 percent. Ally's rate is more than three times the current national average 6 month CD rate of 0.31 percent.

The second best 6 month rate on our list in Detroit, MI is from Discover Bank and Nationwide Bank. Both banks are currently offering 6 month bank CD rates at 0.90 percent with a bank CD yield of 0.90 percent.



Coming in with the third highest CD rate on our list in Detroit is Giantbank.com. The bank's current 6 month CD rate is 0.85 percent with a 6 month yield of 0.85 percent.

AIG Bank has the fourth best CD rate on our list. AIG Bank's 6 month rate is 0.80 percent with a yield of 0.80 percent. The fifth best rate on our list goes to 4 different financial institutions. Pentagon Federal Credit Union, ING Direct, Bank of Internet and First Internet Bank of IN all have 6 month rates at 0.75 percent with a yield of 0.75 percent.

CD Rates Detroit, Michigan


Ally Bank 1.04% Yield 1.04% Min $ 1 
Discover Bank 0.90% Yield 0.90% Min $2500 
Nationwide Bank 0.90% Yield 0.90% Min $10,000 
Giantbank.com 0.85% Yield 0.85% Min $2500 
AIG Bank 0.80% Yield 0.80% Min $2500 
PenFed 0.75% Yield 0.75% Min $1000 
ING DIRECT 0.75% Yield 0.75% Min $ 1 
First Internet Bank of IN 0.75% Yield 0.75% Min $1000 
Bank of Internet USA 0.75% Yield 0.75% Min $1000 
Flagstar Bank 0.70% Yield 0.70% Min $500 
EverBank 0.70% Yield 0.70% Min $1500 
Tennessee Commerce Bank 0.65% Yield 0.65% Min $2500 
Ameriprise Bank FSB 0.65% Yield 0.65% Min $10,000 
American Express Bank FSB 0.50% Yield 0.50% Min $ 0 
TCF National Bank 0.50% Yield 0.50% Min $500
 
Author: Brian McKay
February 17th, 2011