Compare the Best Local Rates

Current Certificate of Deposit Rates in Michigan: 24-Month Term

Since CD Rates in Michigan fluctuate on a regular basis, it’s essential you stay up-to-date on what banks and credit unions near you are offering. Even if you’re not planning to open a new account, you should ensure the one you do have is still providing a competitive interest rate by researching current rates in your state consistently.

Below are the current 24-month CD rates in Michigan, along with a list of financial institutions that are providing the highest rates today.

Current Michigan 24-Month CD Rates

Number of 24-Month CD Accounts Available: 47

Lowest Rate: 0.4% APY

Highest Rate: 1.76% APY

Today’s Average 24-Month CD Rate in Michigan: 0.99% APY

Financial Institutions in Michigan with the Highest 2-Year CD Rates

  • Preferred Credit Union: 1.76%
  • Peninsula Credit Union: 1.62%
  • Michigan Coastal Credit Union: 1.56%
  • First General Credit Union - Michigan: 1.5%
  • Northpointe Bank: 1.45%

Please note that the above rates are accurate as of July 15, 2011 but are subject to change at any time. Please verify rates with individual financial institutions before opening an account. Additionally, you can view the most up-to-date interest rate information for certificates of deposit across several terms by visiting the Michigan CD Rates page.