A clear advantage of investing in CD‘s is that CD Rates are fixed, meaning you lock in an interest rate for the entire term of the CD, and it does not change. When interest rates are dropping, your CD stays at a higher rate. If you money is in a savings account, or interest paying checking account, your interest rate will drop daily, if rate are falling. Learn from Michigan Banking Rate partners if rates are falling or rising, and make the right choice to earn more money.
| Featured Rate | Bank / Credit Union | Account Type | |
|---|---|---|---|
|
1.09%
As of May 15, 2012
|
 |
Ally Bank
|
CD Account |
| Highest Rates Recent Rate Changes | |||
| Best Rates (APY) | Bank / Credit Union | Account Type | |
|
1.76%
As of May 9, 2012
|
View Rate Details | Preferred Credit Union | CD Account |
|
1.41%
As of May 7, 2012
|
View Rate Details | Peninsula Credit Union | CD Account |
|
1.25%
As of May 7, 2012
|
View Rate Details | First General Credit Union - Michigan | CD Account |
|
1.20%
As of April 26, 2012
|
View Rate Details | Health One Credit Union | CD Account |
|
1.16%
As of April 25, 2012
|
View Rate Details | Grand Valley Co-Op Credit Union | CD Account |
| Bank / Account Type | Rate Change | Date | |
|---|---|---|---|
| Unified Communities Credit Union - 12 Month CD Account | 0.35% to 0.20% | May 11, 2012 | |
| Gerber Credit Union - 12 Month CD Account | 0.75% to 0.60% | May 9, 2012 | |
| Flagship Community Credit Union - 12 Month CD Account | 0.40% to 0.30% | May 9, 2012 | |
| First General Credit Union - Michigan - 12 Month CD Account | 1.00% to 0.95% | May 7, 2012 | |
| Northpointe Bank - 12 Month CD Account | 0.65% to 0.60% | May 4, 2012 | |
