Finding the Best 6-Month CD Rates in Michigan: February 2011
How can you determine whether a CD rate is really a good one? It takes a bit of research, but Michigan Banking Rates exists to bring you all the information you need to find out.
To start, begin with the average rate for your location. Michigan Banking Rates compiles rates data from the entire state of Michigan and the following is a breakdown of that information to help you locate the best rates near you.
Average Six Month CD Rate in Michigan
Right now, the highest 6-month CD in Michigan is currently 2.02% APY and the lowest is 0% APY. There are a total of 6 six month CDs currently available in the state. That brings the average to 0.85% APY.
The average in rate in Michigan can serve as a benchmark for comparing the rest of the local interest rates you find. Rates close to or over the average in your community are competitive offers.
If you’d like to see more CD rates from Michigan banks and credit unions for a term of six months, visit the Michigan 6-Month CD page.

