Michigan Best CD Rates September 2026
Content reviewed by
Brian McKay
iEditorial Disclosure
Brian McKay
Brian McKay
Founder & Data ArchitectExpertise
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Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
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Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
Current Michigan CD rates include United Financial Credit UnionUnited Financial Credit Union6310 Dixie Hwy, Bridgeport, MI 48722A+5.0 ★Texas Ratio: 3.57%Real return: +2.25%APY minus CPI (February 2026) offering 6 month - 4H or FFA CD at 5.05% APY, OMNI Community Credit UnionOMNI Community Credit Union3141 Capital Ave SW, Battle Creek, MI 49015A+5.0 ★Texas Ratio: 3.29%Real return: +2.20%APY minus CPI (February 2026) offering 12 Month Youth Special at 5.00% APY, Best Financial Credit UnionBest Financial Credit Union1888 E Sherman Blvd, Muskegon, MI 49444 1822A+5.0 ★Texas Ratio: 3.41%Real return: +2.20%APY minus CPI (February 2026) offering 12 Month Super Kids at 5.00% APY, People Driven Credit UnionPeople Driven Credit Union24333 Lahser Rd, Southfield, MI 48033 6041A+5.0 ★Texas Ratio: 4.69%Real return: +1.70%APY minus CPI (February 2026) offering 1 Year Youth at 4.50% APY, and Wolverine State Credit UnionWolverine State Credit Union1381 N Bagley St, Alpena, MI 49707 8101A5.0 ★Texas Ratio: 5.84%Real return: +1.54%APY minus CPI (February 2026) offering 1 YEAR YOUTH CD at 4.34% APY. CD rates as of September 1, 2026 according to verified data from MonitorBankRates.
Use the tables below to compare CD rates across all terms in Michigan side-by-side. Michigan CD rates currently reach as high as 5.05% APY from United Financial Credit Union at 6310 Dixie Hwy, Bridgeport, MI 48722. Rates are continually updated — we recommend checking back frequently.
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: September 1, 2026
Compare Best CD Rates in Michigan
Michigan 3 Month CD Rates
MonitorBankRates National Average — 3 Month CD1.96% APY▲ 0.02% from last week
The national average 3-month CD rate is 1.96% APY as of September 2, 2026. Figures are compiled by MonitorBankRates from more than 8,500 U.S. banks and credit unions.
Source: Verified CD Rate Data provided by MonitorBankRates
Institution
Product
Min Deposit
APY
Profile
Public Service Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.17%
7665 Merriman Rd, Romulus, MI 48174 1920
Jumbo CD 3 Months
$0
4.32%
▲ 2.36% above national avg
▼
Rate4.25%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 2.36% above avg
Details
Public Service Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.17%
7665 Merriman Rd, Romulus, MI 48174 1920
Jumbo CD 3 Months
$0
4.06%
▲ 2.10% above national avg
▼
Rate4.00%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 2.10% above avg
Details
Farmers Insurance Federal Credit Union
Institution Rating:
A-5.0 ★Texas Ratio: 13.00%
5600 Beechtree Ln SE, Caledonia, MI 49316 9587
3-Month Share Certificate
$1,000
4.00%
▲ 2.04% above national avg
▼
Rate3.93%
Min Deposit$1,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 2.04% above avg
Details
Limited Time. Bonus Dividend may not be combined with any other dividend increase/bonus, i.e., "Direct Deposit Bonus" and "Jumbo Certificate" increased rates. Compounding monthly or at account closure. No additional deposits accepted (other than dividends) during certificate term. There is a substantial penalty for early withdrawal of Certificate funds. Fees and other conditions may reduce earnings. The 3-Month promotional Certificate will automatically roll over to a 3-Month Certificate at the available rates of Certificates at maturity. Federal regulations require dividends to be paid from available earnings; dividends are contingent upon this regulation. Refer to our TISA Disclosure for terms and conditions.
DOW
Institution Rating:
A+5.0 ★Texas Ratio: 1.67%
600 E Lyon Rd, Midland, MI 48640 5396
Simple CDs 3 Months
$0
4.00%
▲ 2.04% above national avg
▼
Rate3.93%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 2.04% above avg
Details
West Shore Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.70%
201 W Loomis St, Ludington, MI 49431
3 Month CD
$0
3.90%
▲ 1.94% above national avg
▼
Rate3.84%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 1.94% above avg
Details
InTouch Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.63%
3355 University Dr, Auburn Hills, MI 48326
3-Month Certificate
$0
3.75%
▲ 1.79% above national avg
▼
Rate3.69%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 1.79% above avg
Details
First National Bank of Michigan
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
348 W Michigan Ave, Kalamazoo, MI 49007
3 Month
$0
3.70%
▲ 1.74% above national avg
▼
Rate3.64%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 1.74% above avg
Details
First National Bank of America (FNBA)
Institution Rating:
A5.0 ★Texas Ratio: 13.60%
241 E Saginaw St, East Lansing, MI 48823
3 Month
$0
3.60%
▲ 1.64% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 1.64% above avg
Details
St Francis X Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.39%
2140 M 119, Petoskey, MI 49770
3 Months
$0
3.60%
▲ 1.64% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 1.64% above avg
Details
Highpoint Community Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.97%
435 Arlington St, Middleville, MI 49333
90 Day (3 Month)
$0
3.51%
▲ 1.55% above national avg
▼
Rate3.45%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 1.55% above avg
Details
Independent Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.85%
1075 E Wilcox Ave, White Cloud, MI 49349
3-Month CD Special
$0
3.45%
▲ 1.49% above national avg
▼
Rate3.40%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 1.49% above avg
Details
Dort Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.35%
9048 HOLLY RD, GRAND BLANC, MI 48439
Jumbo Term Share Certificates 3 Months
$0
3.40%
▲ 1.44% above national avg
▼
Rate3.40%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 1.44% above avg
Details
Alpena-Alcona Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.64%
1100 S Bagley St, Alpena, MI 49707 8104
90 Day
$500
3.29%
▲ 1.33% above national avg
▼
Rate3.25%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 1.33% above avg
Details
Alpena-Alcona Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.64%
1100 S Bagley St, Alpena, MI 49707 8104
90 Day Youth
$100
3.29%
▲ 1.33% above national avg
▼
Rate3.25%
Min Deposit$100
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 1.33% above avg
Details
Bank of Ann Arbor
Institution Rating:
A+5.0 ★Texas Ratio: 4.20%
101 E Grand River Ave, Howell, MI 48843
3 Month Retail CD
$0
3.25%
▲ 1.29% above national avg
▼
Rate3.22%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 1.29% above avg
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.72%
3777 West Rd, East Lansing, MI 48823 8029
3-Month Certificate or IRA-HSA Jumbo
$0
3.15%
▲ 1.19% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 1.19% above avg
Details
LAF Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.20%
106 N Marketplace Blvd, Lansing, MI 48917 7753
HSA IRA Certificates 3 Month
$0
3.10%
▲ 1.14% above national avg
▼
Rate3.06%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 1.14% above avg
Details
Term Share, Youth, IRA, & HSA Certificates
LAF Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.20%
106 N Marketplace Blvd, Lansing, MI 48917 7753
HSA Regular Term Share Certificates 3 Month
$0
3.10%
▲ 1.14% above national avg
▼
Rate3.06%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 1.14% above avg
Details
Term Share, Youth, IRA, & HSA Certificates
County City Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.11%
4635 44th St SE, Grand Rapids, MI 49512
90 Day
$1,000
3.03%
▲ 1.07% above national avg
▼
Rate3.00%
Min Deposit$1,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 1.07% above avg
Details
West Shore Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.70%
201 W Loomis St, Ludington, MI 49431
3 Months
$0
3.00%
▲ 1.04% above national avg
▼
Rate2.97%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 1.04% above avg
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.72%
3777 West Rd, East Lansing, MI 48823 8029
3-Month Certificate or IRA-HSA
$0
3.00%
▲ 1.04% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 1.04% above avg
Details
Directions Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.40%
3558 Sterns Rd, Lambertville, MI 48144
3 Month Certificate
$500
2.89%
▲ 0.93% above national avg
▼
Rate2.85%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 0.93% above avg
Details
LOC Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.66%
6246 Chase Rd, Dearborn, MI 48126
3 Month Cert / IRA
$0
2.75%
▲ 0.79% above national avg
▼
Rate2.72%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 0.79% above avg
Details
First National Bank of Michigan
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
348 W Michigan Ave, Kalamazoo, MI 49007
90 Day
$0
2.63%
▲ 0.67% above national avg
▼
Rate2.60%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 0.67% above avg
Details
The Local Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.99%
39139 Mound Rd, Sterling Heights, MI 48310 2737
Term Share Certificate 3 Month
$500
2.50%
▲ 0.54% above national avg
▼
Rate2.50%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 0.54% above avg
Details
First National Bank of Michigan
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
348 W Michigan Ave, Kalamazoo, MI 49007
90 Day
$0
2.43%
▲ 0.47% above national avg
▼
Rate2.40%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 0.47% above avg
Details
Lake-Osceola State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.18%
790 Michigan Ave, Baldwin, MI 49304
90 Days
$5,000
2.27%
▲ 0.31% above national avg
▼
Rate2.25%
Min Deposit$5,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 0.31% above avg
Details
ELGA Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.95%
2303 S Center Rd, Burton, MI 48519 1147
3-Month Certificate
$0
2.25%
▲ 0.29% above national avg
▼
Rate2.23%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 0.29% above avg
Details
First National Bank of Michigan
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
348 W Michigan Ave, Kalamazoo, MI 49007
90 Day
$0
2.22%
▲ 0.26% above national avg
▼
Rate2.20%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 0.26% above avg
Details
ELGA Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.95%
2303 S Center Rd, Burton, MI 48519 1147
3-Month Certificate
$0
2.20%
▲ 0.24% above national avg
▼
Rate2.18%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 0.24% above avg
Details
First National Bank of Michigan
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
348 W Michigan Ave, Kalamazoo, MI 49007
90 Day Certificate of Deposit
$0
2.17%
▲ 0.21% above national avg
▼
Rate2.15%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 0.21% above avg
Details
ELGA Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.95%
2303 S Center Rd, Burton, MI 48519 1147
3-Month Certificate
$0
2.15%
▲ 0.19% above national avg
▼
Rate2.13%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 0.19% above avg
Details
ELGA Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.95%
2303 S Center Rd, Burton, MI 48519 1147
3-Month Certificate
$0
2.10%
▲ 0.14% above national avg
▼
Rate2.08%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 0.14% above avg
Details
ELGA Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.95%
2303 S Center Rd, Burton, MI 48519 1147
3-Month Certificate
$0
2.05%
▲ 0.09% above national avg
▼
Rate2.03%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 0.09% above avg
Details
First National Bank of Michigan
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
348 W Michigan Ave, Kalamazoo, MI 49007
90 Day
$0
2.02%
▲ 0.06% above national avg
▼
Rate2.00%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 0.06% above avg
Details
Lenco Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.47%
615 W Maple Ave, Adrian, MI 49221 1630
3 MONTH CERTIFICATE
$3,000
2.02%
▲ 0.06% above national avg
▼
Rate—
Min Deposit$3,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 0.06% above avg
Details
Mercantile Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.01%
125 W Saginaw St, Merrill, MI 48637
3 Month
$0
2.01%
▲ 0.05% above national avg
▼
Rate1.99%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 0.05% above avg
Details
First National Bank of Michigan
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
348 W Michigan Ave, Kalamazoo, MI 49007
90 Day Certificate of Deposit
$0
1.97%
▲ 0.01% above national avg
▼
Rate1.95%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▲ 0.01% above avg
Details
First National Bank of Michigan
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
348 W Michigan Ave, Kalamazoo, MI 49007
90 Day Certificate of Deposit
$0
1.76%
▼ 0.20% below national avg
▼
Rate1.75%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▼ 0.20% below avg
Details
Shore to Shore Community Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.03%
4550 Division St, Trenton, MI 48183
3 Month Tier 3
$0
1.60%
▼ 0.36% below national avg
▼
Rate1.60%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▼ 0.36% below avg
Details
Shore to Shore Community Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.03%
4550 Division St, Trenton, MI 48183
3 Month Tier 2
$0
1.55%
▼ 0.41% below national avg
▼
Rate1.55%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▼ 0.41% below avg
Details
Georgetown Kraft Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.83%
100 Galleria Officentre, Southfield, MI 48034
90 Days
$0
1.51%
▼ 0.45% below national avg
▼
Rate1.50%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▼ 0.45% below avg
Details
South Central Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.58%
958 W Monroe St, Jackson, MI 49202 2036
3 Month CD Gold
$0
1.51%
▼ 0.45% below national avg
▼
Rate1.50%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▼ 0.45% below avg
Details
South Central Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.58%
958 W Monroe St, Jackson, MI 49202 2036
3 Month IRA CD
$0
1.51%
▼ 0.45% below national avg
▼
Rate1.50%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▼ 0.45% below avg
Details
South Central Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.58%
958 W Monroe St, Jackson, MI 49202 2036
3 Month IRA CD Gold
$0
1.51%
▼ 0.45% below national avg
▼
Rate1.50%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▼ 0.45% below avg
Details
South Central Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.58%
958 W Monroe St, Jackson, MI 49202 2036
CD Gold 3 Month
$0
1.51%
▼ 0.45% below national avg
▼
Rate1.50%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▼ 0.45% below avg
Details
Shore to Shore Community Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.03%
4550 Division St, Trenton, MI 48183
3 Month Tier 1
$0
1.50%
▼ 0.46% below national avg
▼
Rate1.50%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▼ 0.46% below avg
Details
Northland Area Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.67%
201 E M 55, Tawas City, MI 48763
3 Month Compounding
$0
1.31%
▼ 0.65% below national avg
▼
Rate1.30%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▼ 0.65% below avg
Details
Advia Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.49%
500 10th St, Port Huron, MI 48060
Business Regular CD 3-Month
$0
1.30%
▼ 0.66% below national avg
▼
Rate1.29%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▼ 0.66% below avg
Details
United Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.13%
808 E Front St, Buchanan, MI 49107 1444
3 Months
$0
1.25%
▼ 0.71% below national avg
▼
Rate1.24%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average1.96%▼ 0.71% below avg
Details
A penalty may be charged for early withdrawal. Fees may reduce earnings on the account.
Michigan 6 Month CD Rates
MonitorBankRates National Average — 6 Month CD2.67% APY▲ 0.03% from last week
The national average 6-month CD rate is 2.67% APY as of September 2, 2026. Figures are compiled by MonitorBankRates from more than 8,500 U.S. banks and credit unions.
Source: Verified CD Rate Data provided by MonitorBankRates
Institution
Product
Min Deposit
APY
Profile
United Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.57%
6310 Dixie Hwy, Bridgeport, MI 48722
6 month - 4H or FFA CD
$0
5.05%
▲ 2.38% above national avg
▼
Rate4.93%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 2.38% above avg
Details
Amount of 4H or FFA - Youth Fair Participation Check Max $5,000
Alliance Catholic Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.30%
255 E Maple Rd, Troy, MI 48083
6 Months
$500
4.25%
▲ 1.58% above national avg
▼
Rate4.17%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.58% above avg
Details
Meijer Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.57%
2410 Gaynor Ave NW, Grand Rapids, MI 49544 1830
IRA Certificate of Deposit - 6 Months
$0
4.10%
▲ 1.43% above national avg
▼
Rate4.03%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.43% above avg
Details
Michigan Columbus Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.44%
30419 6 Mile Rd, Livonia, MI 48152 3460
6 Month CD
$0
4.07%
▲ 1.40% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.40% above avg
Details
Farmers Insurance Federal Credit Union
Institution Rating:
A-5.0 ★Texas Ratio: 13.00%
5600 Beechtree Ln SE, Caledonia, MI 49316 9587
6-Month Share Certificate
$1,000
4.00%
▲ 1.33% above national avg
▼
Rate3.93%
Min Deposit$1,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.33% above avg
Details
Limited Time. Bonus Dividend may not be combined with any other dividend increase/bonus, i.e., "Direct Deposit Bonus" and "Jumbo Certificate" increased rates. Compounding monthly or at account closure. No additional deposits accepted (other than dividends) during certificate term. There is a substantial penalty for early withdrawal of Certificate funds. Fees and other conditions may reduce earnings. The 6-Month promotional Certificate will automatically roll over to a 6-Month Certificate at the available rates of Certificates at maturity. Federal regulations require dividends to be paid from available earnings; dividends are contingent upon this regulation. Refer to our TISA Disclosure for terms and conditions.
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.95%
2929 3rd Ave N, Escanaba, MI 49829 4203
6 Month Youth
$0
4.00%
▲ 1.33% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.33% above avg
Details
United Churches Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.18%
20252 Ecorse Rd, Taylor, MI 48180
6 month
$0
4.00%
▲ 1.33% above national avg
▼
Rate3.93%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.33% above avg
Details
First National Bank of Michigan
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
348 W Michigan Ave, Kalamazoo, MI 49007
Rising Rate Certificate of Deposit - Third 6-month Term
$0
3.92%
▲ 1.25% above national avg
▼
Rate3.85%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.25% above avg
Details
Safe Harbor Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.49%
5511 W US Highway 10, Ludington, MI 49431 2455
6 Month High Yield
$1,000
3.90%
▲ 1.23% above national avg
▼
Rate—
Min Deposit$1,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.23% above avg
Details
Embers Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.48%
1001 W Baraga Ave, Marquette, MI 49855
6 Months
$0
3.90%
▲ 1.23% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.23% above avg
Details
DOW
Institution Rating:
A+5.0 ★Texas Ratio: 1.67%
600 E Lyon Rd, Midland, MI 48640 5396
Simple CDs 6 Months
$0
3.90%
▲ 1.23% above national avg
▼
Rate3.83%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.23% above avg
Details
First National Bank of America (FNBA)
Institution Rating:
A5.0 ★Texas Ratio: 13.60%
241 E Saginaw St, East Lansing, MI 48823
6 Month
$0
3.85%
▲ 1.18% above national avg
▼
Rate3.80%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.18% above avg
Details
Alpena-Alcona Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.64%
1100 S Bagley St, Alpena, MI 49707 8104
180 Day
$500
3.80%
▲ 1.13% above national avg
▼
Rate3.75%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.13% above avg
Details
Alpena-Alcona Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.64%
1100 S Bagley St, Alpena, MI 49707 8104
180 Day Youth
$100
3.80%
▲ 1.13% above national avg
▼
Rate3.75%
Min Deposit$100
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.13% above avg
Details
West Shore Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.70%
201 W Loomis St, Ludington, MI 49431
6 Month CD
$0
3.80%
▲ 1.13% above national avg
▼
Rate3.75%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.13% above avg
Details
North Central Area Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.89%
2665 Reserve Rd, Houghton Lake, MI 48629
6 MONTH CD
$50,000
3.80%
▲ 1.13% above national avg
▼
Rate—
Min Deposit$50,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.13% above avg
Details
Advantage One Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.46%
13050 Fort St, Southgate, MI 48195 1101
6-Month
$0
3.80%
▲ 1.13% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.13% above avg
Details
Selfreliance Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.40%
11756 Charest St, Hamtramck, MI 48212
IRA Certificates 6 months
$0
3.79%
▲ 1.12% above national avg
▼
Rate3.75%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.12% above avg
Details
Wolverine State Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.84%
1381 N Bagley St, Alpena, MI 49707 8101
6 MONTH YOUTH CD
$100
3.79%
▲ 1.12% above national avg
▼
Rate—
Min Deposit$100
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.12% above avg
Details
Advantage One Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.46%
13050 Fort St, Southgate, MI 48195 1101
6-Month Youth Certificate
$0
3.79%
▲ 1.12% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.12% above avg
Details
Circle Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.16%
507 E Main St, Niles, MI 49120 2617
Term Share Certificates 6 Month
$100
3.76%
▲ 1.09% above national avg
▼
Rate3.70%
Min Deposit$100
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.09% above avg
Details
Community Focus Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.63%
18925 Telegraph Rd, Brownstown, MI 48174 9546
6 Month Certificate
$1,000
3.75%
▲ 1.08% above national avg
▼
Rate—
Min Deposit$1,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.08% above avg
Details
Harborlight Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.60%
2151 Cogswell Dr, Whitehall, MI 49461
6 Months
$0
3.75%
▲ 1.08% above national avg
▼
Rate3.69%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.08% above avg
Details
United Churches Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.18%
20252 Ecorse Rd, Taylor, MI 48180
Youth Certificate 6 month
$200
3.75%
▲ 1.08% above national avg
▼
Rate3.75%
Min Deposit$200
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.08% above avg
Details
West Michigan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.07%
1319 Front Ave NW, Grand Rapids, MI 49504
6 Month CD Special
$500
3.75%
▲ 1.08% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.08% above avg
Details
GR Consumers Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.71%
17010 Croswell St, West Olive, MI 49460 9748
6 Months
$0
3.75%
▲ 1.08% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.08% above avg
Details
InTouch Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.63%
3355 University Dr, Auburn Hills, MI 48326
6-Month Certificate
$0
3.75%
▲ 1.08% above national avg
▼
Rate3.69%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.08% above avg
Details
TRUE Community Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.97%
2055 Spring Arbor Rd, Jackson, MI 49203
6 Months
$0
3.75%
▲ 1.08% above national avg
▼
Rate3.69%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.08% above avg
Details
PORT CITY
Institution Rating:
A+5.0 ★Texas Ratio: 0.21%
460 W Laketon Ave, Muskegon, MI 49441 2632
6 Months
$500
3.75%
▲ 1.08% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.08% above avg
Details
Gratiot Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.78%
211 W Center St, Alma, MI 48801 2206
6 Months
$0
3.71%
▲ 1.04% above national avg
▼
Rate3.65%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.04% above avg
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.72%
3777 West Rd, East Lansing, MI 48823 8029
6-Month Certificate or IRA-HSA Jumbo
$0
3.70%
▲ 1.03% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.03% above avg
Details
North Central Area Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.89%
2665 Reserve Rd, Houghton Lake, MI 48629
6 MONTH CD
$500
3.70%
▲ 1.03% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 1.03% above avg
Details
First National Bank of Michigan
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
348 W Michigan Ave, Kalamazoo, MI 49007
Rising Rate Certificate of Deposit - Second 6-month Term
$0
3.66%
▲ 0.99% above national avg
▼
Rate3.60%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 0.99% above avg
Details
Wildfire Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.64%
6640 Bay Rd, Saginaw, MI 48604
Youth Certificate 6 Month
$50
3.66%
▲ 0.99% above national avg
▼
Rate3.60%
Min Deposit$50
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 0.99% above avg
Details
APY will vary depending on the initial certificate deposit amount. There is a penalty for early withdrawal. Maximum deposit: $2,000. Up to 10 Youth CD's per youth account.
Lenco Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.47%
615 W Maple Ave, Adrian, MI 49221 1630
6 MONTH CERTIFICATE
$3,000
3.65%
▲ 0.98% above national avg
▼
Rate—
Min Deposit$3,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 0.98% above avg
Details
Superior National Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.54%
235 Quincy St, Hancock, MI 49930
182 Day (6 months)
$0
3.60%
▲ 0.93% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 0.93% above avg
Details
Superior National Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.54%
235 Quincy St, Hancock, MI 49930
182 Days (6 months) CD
$500
3.60%
▲ 0.93% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 0.93% above avg
Details
Diversified Members Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.38%
1480 E Jefferson Ave, Detroit, MI 48207
6 Month
$0
3.60%
▲ 0.93% above national avg
▼
Rate3.57%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 0.93% above avg
Details
CIBC
Institution Rating:
A+5.0 ★Texas Ratio: 2.97%
34901 Woodward Ave, Birmingham, MI 48009
6-month CD
$1,000
3.56%
▲ 0.89% above national avg
▼
Rate—
Min Deposit$1,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 0.89% above avg
Details
United Churches Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.18%
20252 Ecorse Rd, Taylor, MI 48180
Jumbo Certificate 6 month
$0
3.56%
▲ 0.89% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 0.89% above avg
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.72%
3777 West Rd, East Lansing, MI 48823 8029
6-Month Certificate or IRA-HSA
$0
3.55%
▲ 0.88% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 0.88% above avg
Details
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.51%
3030 S Adrian Hwy, Adrian, MI 49221
IRAs - Regular Certificates 6 Month
$0
3.55%
▲ 0.88% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 0.88% above avg
Details
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.51%
3030 S Adrian Hwy, Adrian, MI 49221
Regular Certificates 6 Month
$0
3.55%
▲ 0.88% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 0.88% above avg
Details
TBA Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.92%
2900 W South Airport Rd, Traverse City, MI 49684 4611
6 Month
$0
3.55%
▲ 0.88% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 0.88% above avg
Details
Rate with Direct Deposit: 3.70%, APY with Direct Deposit: 3.75%
PFCU Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.99%
9077 Charlotte Hwy, Portland, MI 48875
IRA Certificate 6 months
$0
3.55%
▲ 0.88% above national avg
▼
Rate3.49%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 0.88% above avg
Details
Lake Huron Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.95%
1540 Tittabawassee Rd, Saginaw, MI 48604 9445
6 Months
$0
3.53%
▲ 0.86% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 0.86% above avg
Details
Highpoint Community Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.97%
435 Arlington St, Middleville, MI 49333
182 Day (6 Month)
$0
3.51%
▲ 0.84% above national avg
▼
Rate3.45%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 0.84% above avg
Details
Chief Financial Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.24%
790 Joslyn Ave, Pontiac, MI 48340 2918
6 Month
$0
3.50%
▲ 0.83% above national avg
▼
Rate3.44%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 0.83% above avg
Details
St Francis X Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.39%
2140 M 119, Petoskey, MI 49770
6 Months
$0
3.50%
▲ 0.83% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 0.83% above avg
Details
Breakwater Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.66%
700 E Sharon Ave, Houghton, MI 49931 1618
6 Month Share Certificate
$500
3.50%
▲ 0.83% above national avg
▼
Rate3.45%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.67%▲ 0.83% above avg
Details
Michigan 12 Month CD Rates
MonitorBankRates National Average — 12 Month CD2.83% APY▲ 0.02% from last week
The national average 12-month CD rate is 2.83% APY as of September 2, 2026. Figures are compiled by MonitorBankRates from more than 8,500 U.S. banks and credit unions.
Source: Verified CD Rate Data provided by MonitorBankRates
Institution
Product
Min Deposit
APY
Profile
OMNI Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.29%
3141 Capital Ave SW, Battle Creek, MI 49015
12 Month Youth Special
$0
5.00%
▲ 2.17% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 2.17% above avg
Details
Best Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.41%
1888 E Sherman Blvd, Muskegon, MI 49444 1822
12 Month Super Kids
$100
5.00%
▲ 2.17% above national avg
▼
Rate4.91%
Min Deposit$100
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 2.17% above avg
Details
Early Withdrawal Penalty: 90 days interest
People Driven Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.69%
24333 Lahser Rd, Southfield, MI 48033 6041
1 Year Youth
$0
4.50%
▲ 1.67% above national avg
▼
Rate4.43%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.67% above avg
Details
Wolverine State Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.84%
1381 N Bagley St, Alpena, MI 49707 8101
1 YEAR YOUTH CD
$100
4.34%
▲ 1.51% above national avg
▼
Rate—
Min Deposit$100
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.51% above avg
Details
Chief Financial Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.24%
790 Joslyn Ave, Pontiac, MI 48340 2918
12 Month
$0
4.20%
▲ 1.37% above national avg
▼
Rate4.12%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.37% above avg
Details
CIBC
Institution Rating:
A+5.0 ★Texas Ratio: 2.97%
34901 Woodward Ave, Birmingham, MI 48009
12-month CD
$1,000
4.15%
▲ 1.32% above national avg
▼
Rate—
Min Deposit$1,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.32% above avg
Details
Featured rate
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.95%
2929 3rd Ave N, Escanaba, MI 49829 4203
12 Month IRA Certificate
$0
4.10%
▲ 1.27% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.27% above avg
Details
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.95%
2929 3rd Ave N, Escanaba, MI 49829 4203
12 Months
$0
4.10%
▲ 1.27% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.27% above avg
Details
Wolverine State Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.84%
1381 N Bagley St, Alpena, MI 49707 8101
1 YEAR CERTIFICATE
$500
4.08%
▲ 1.25% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.25% above avg
Details
Family Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.03%
4075 W Polk Rd, Hart, MI 49420 8177
12 Month
$0
4.07%
▲ 1.24% above national avg
▼
Rate4.00%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.24% above avg
Details
HPC Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
1234 W CHISHOLM ST, ALPENA, MI 49707
12 MO GOVERNMENT CD
$500
4.07%
▲ 1.24% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.24% above avg
Details
HPC Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
1234 W CHISHOLM ST, ALPENA, MI 49707
12 MO NON-PROFIT CD
$500
4.07%
▲ 1.24% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.24% above avg
Details
Alpena-Alcona Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.64%
1100 S Bagley St, Alpena, MI 49707 8104
12 Month
$500
4.06%
▲ 1.23% above national avg
▼
Rate4.00%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.23% above avg
Details
Alpena-Alcona Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.64%
1100 S Bagley St, Alpena, MI 49707 8104
12 Month Youth
$100
4.06%
▲ 1.23% above national avg
▼
Rate4.00%
Min Deposit$100
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.23% above avg
Details
Lake Huron Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.95%
1540 Tittabawassee Rd, Saginaw, MI 48604 9445
12 Month YOUTH
$0
4.06%
▲ 1.23% above national avg
▼
Rate4.00%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.23% above avg
Details
First National Bank of America (FNBA)
Institution Rating:
A5.0 ★Texas Ratio: 13.60%
241 E Saginaw St, East Lansing, MI 48823
12 Month
$0
4.00%
▲ 1.17% above national avg
▼
Rate3.94%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.17% above avg
Details
United Churches Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.18%
20252 Ecorse Rd, Taylor, MI 48180
Youth Certificate 1 year
$200
4.00%
▲ 1.17% above national avg
▼
Rate4.00%
Min Deposit$200
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.17% above avg
Details
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.68%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
1 Year Certificate
$0
4.00%
▲ 1.17% above national avg
▼
Rate3.94%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.17% above avg
Details
Youth Certificate is only for members from ages 0-21. One time option to change the rate offered on the same product. One time option to withdraw up to 25% of principal with no penalty.
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.68%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
1 Year Youth Flex Certificate
$0
4.00%
▲ 1.17% above national avg
▼
Rate3.94%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.17% above avg
Details
Youth Flex Certificate is only for members from ages 0-21.
Cornerstone Community Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.53%
2955 University Dr, Auburn Hills, MI 48326
GenGrow 12-month CD
$0
4.00%
▲ 1.17% above national avg
▼
Rate3.94%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.17% above avg
Details
New Money; CD
DOW
Institution Rating:
A+5.0 ★Texas Ratio: 1.67%
600 E Lyon Rd, Midland, MI 48640 5396
Simple CDs 12 Months
$0
4.00%
▲ 1.17% above national avg
▼
Rate3.93%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.17% above avg
Details
Union Bank Grand Rapids, MI
Institution Rating:
A5.0 ★Texas Ratio: 13.86%
670 Cascade West Pkwy Se, Grand Rapids, MI 49546
12 month CD
$500
3.96%
▲ 1.13% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.13% above avg
Details
Union Bank Grand Rapids, MI
Institution Rating:
A5.0 ★Texas Ratio: 13.86%
670 Cascade West Pkwy Se, Grand Rapids, MI 49546
Business 12 Month
$0
3.96%
▲ 1.13% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.13% above avg
Details
Construction Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.52%
30400 Telegraph Rd Ste 122, Bingham Farms, MI 48025
12 Month Certificate of Deposit
$2,500
3.95%
▲ 1.12% above national avg
▼
Rate—
Min Deposit$2,500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.12% above avg
Details
Construction Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.52%
30400 Telegraph Rd Ste 122, Bingham Farms, MI 48025
12 Month IRA Certificate of Deposit
$2,500
3.95%
▲ 1.12% above national avg
▼
Rate—
Min Deposit$2,500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.12% above avg
Details
Huron Valley State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
130 S Milford Rd, Milford, MI 48381
1 Year
$0
3.91%
▲ 1.08% above national avg
▼
Rate3.85%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.08% above avg
Details
Meijer Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.57%
2410 Gaynor Ave NW, Grand Rapids, MI 49544 1830
IRA Certificate of Deposit - 12 Months
$0
3.90%
▲ 1.07% above national avg
▼
Rate3.84%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.07% above avg
Details
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.95%
2929 3rd Ave N, Escanaba, MI 49829 4203
12 Month Jump
$0
3.85%
▲ 1.02% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.02% above avg
Details
Rate Jump Certificates allow you to opt into a new rate once per term if the rates increase within the certificate's term.
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.95%
2929 3rd Ave N, Escanaba, MI 49829 4203
12 Month Youth Jump
$0
3.85%
▲ 1.02% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.02% above avg
Details
Rate Jump Certificates allow you to opt into a new rate once per term if the rates increase within the certificate's term.
Northland Area Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.67%
201 E M 55, Tawas City, MI 48763
12 Month Compounding
$0
3.85%
▲ 1.02% above national avg
▼
Rate3.80%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.02% above avg
Details
Michigan United Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.31%
576 E Lincoln St, Birmingham, MI 48009 1757
1 Year CD
$10,000
3.85%
▲ 1.02% above national avg
▼
Rate3.80%
Min Deposit$10,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.02% above avg
Details
Michigan United Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.31%
576 E Lincoln St, Birmingham, MI 48009 1757
1 Year IRA CD
$4,000
3.85%
▲ 1.02% above national avg
▼
Rate3.80%
Min Deposit$4,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.02% above avg
Details
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.68%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
Jumbo and Jumbo IRA Certificates - 1 Year
$0
3.85%
▲ 1.02% above national avg
▼
Rate3.80%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.02% above avg
Details
$100,000 and Above
Financial Plus Credit Union Flint, MI
Institution Rating:
A+5.0 ★Texas Ratio: 3.02%
G3381 Van Slyke Rd, Flint, MI 48507 3263
12 Month Youth CD
$0
3.85%
▲ 1.02% above national avg
▼
Rate3.80%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 1.02% above avg
Details
University of Michigan Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.61%
340 E Huron St, Ann Arbor, MI 48104
Certificate 12 Month
$100,000
3.82%
▲ 0.99% above national avg
▼
Rate3.75%
Min Deposit$100,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 0.99% above avg
Details
Northland Area Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.67%
201 E M 55, Tawas City, MI 48763
PLUS Certificates 1 Year
$0
3.81%
▲ 0.98% above national avg
▼
Rate3.75%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 0.98% above avg
Details
Bump-up option available once during the term. Rate may change after account is opened.
United Churches Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.18%
20252 Ecorse Rd, Taylor, MI 48180
Jumbo Certificate 1 year
$0
3.81%
▲ 0.98% above national avg
▼
Rate3.75%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 0.98% above avg
Details
Polish American Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.08%
2889 E Maple Rd, Troy, MI 48083
IRA 1 Year Term Adjusted Quarterly
$0
3.80%
▲ 0.97% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 0.97% above avg
Details
APY as high as
Michigan United Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.31%
576 E Lincoln St, Birmingham, MI 48009 1757
1 Year CD
$500
3.80%
▲ 0.97% above national avg
▼
Rate3.75%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 0.97% above avg
Details
Michigan United Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.31%
576 E Lincoln St, Birmingham, MI 48009 1757
1 Year IRA CD
$500
3.80%
▲ 0.97% above national avg
▼
Rate3.75%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 0.97% above avg
Details
North Central Area Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.89%
2665 Reserve Rd, Houghton Lake, MI 48629
12 MONTH CD
$50,000
3.80%
▲ 0.97% above national avg
▼
Rate—
Min Deposit$50,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 0.97% above avg
Details
InTouch Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.63%
3355 University Dr, Auburn Hills, MI 48326
Youth/Young Adult 12-Month Certificate
$0
3.80%
▲ 0.97% above national avg
▼
Rate3.74%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 0.97% above avg
Details
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.68%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
1 Year
$0
3.80%
▲ 0.97% above national avg
▼
Rate3.75%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 0.97% above avg
Details
Sovita Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.36%
4411 Calkins Rd, Flint, MI 48532
Business 12 Months Regular
$2,500
3.78%
▲ 0.95% above national avg
▼
Rate3.73%
Min Deposit$2,500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 0.95% above avg
Details
Interest paid & compounded quarterly
Lake Huron Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.95%
1540 Tittabawassee Rd, Saginaw, MI 48604 9445
12 Months
$0
3.77%
▲ 0.94% above national avg
▼
Rate3.70%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 0.94% above avg
Details
Directions Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.40%
3558 Sterns Rd, Lambertville, MI 48144
12 Month Certificate
$500
3.76%
▲ 0.93% above national avg
▼
Rate3.70%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 0.93% above avg
Details
Directions Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.40%
3558 Sterns Rd, Lambertville, MI 48144
12 Month Youth Certificate
$100
3.76%
▲ 0.93% above national avg
▼
Rate3.70%
Min Deposit$100
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 0.93% above avg
Details
Must be under 18 years of age
Highpoint Community Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.97%
435 Arlington St, Middleville, MI 49333
1 Year
$0
3.75%
▲ 0.92% above national avg
▼
Rate3.69%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 0.92% above avg
Details
Selfreliance Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.40%
11756 Charest St, Hamtramck, MI 48212
IRA Certificates 12 months
$0
3.75%
▲ 0.92% above national avg
▼
Rate3.70%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 0.92% above avg
Details
Lakeshore Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.81%
2182 Lakeshore Dr, Muskegon, MI 49441 1414
12 MO IRA Certificate
$500
3.75%
▲ 0.92% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.83%▲ 0.92% above avg
Details
Michigan 18 Month CD Rates
MonitorBankRates National Average — 18 Month CD2.68% APY▲ 0.04% from last week
The national average 18-month CD rate is 2.68% APY as of September 2, 2026. Figures are compiled by MonitorBankRates from more than 8,500 U.S. banks and credit unions.
Source: Verified CD Rate Data provided by MonitorBankRates
Institution
Product
Min Deposit
APY
Profile
First National Bank of America (FNBA)
Institution Rating:
A5.0 ★Texas Ratio: 13.60%
241 E Saginaw St, East Lansing, MI 48823
18 Month Special
$0
4.20%
▲ 1.52% above national avg
▼
Rate4.14%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.52% above avg
Details
Chief Financial Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.24%
790 Joslyn Ave, Pontiac, MI 48340 2918
12, 15 and 18 Month CDs
$0
4.20%
▲ 1.52% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.52% above avg
Details
Chief Financial Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.24%
790 Joslyn Ave, Pontiac, MI 48340 2918
18 Month
$0
4.20%
▲ 1.52% above national avg
▼
Rate4.12%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.52% above avg
Details
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.95%
2929 3rd Ave N, Escanaba, MI 49829 4203
18 Month IRA Certificate
$0
4.10%
▲ 1.42% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.42% above avg
Details
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.95%
2929 3rd Ave N, Escanaba, MI 49829 4203
18 Months
$0
4.10%
▲ 1.42% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.42% above avg
Details
HPC Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
1234 W CHISHOLM ST, ALPENA, MI 49707
18 MO GOVERNMENT CD
$500
4.07%
▲ 1.39% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.39% above avg
Details
HPC Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
1234 W CHISHOLM ST, ALPENA, MI 49707
18 MO NON-PROFIT CD
$500
4.07%
▲ 1.39% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.39% above avg
Details
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.68%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
Jumbo and Jumbo IRA Certificates - 18 Months
$0
4.01%
▲ 1.33% above national avg
▼
Rate3.95%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.33% above avg
Details
$100,000 and Above
FreeStar Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.12%
37570 S Gratiot Ave, Clinton Township, MI 48036
18-Month Special!
$0
4.00%
▲ 1.32% above national avg
▼
Rate3.93%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.32% above avg
Details
At maturity, the CD will be renewed into a 24-month CD.
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.68%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
18 Months
$0
3.96%
▲ 1.28% above national avg
▼
Rate3.90%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.28% above avg
Details
DOW
Institution Rating:
A+5.0 ★Texas Ratio: 1.67%
600 E Lyon Rd, Midland, MI 48640 5396
Simple CDs 18 Months
$0
3.95%
▲ 1.27% above national avg
▼
Rate3.88%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.27% above avg
Details
Michigan United Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.31%
576 E Lincoln St, Birmingham, MI 48009 1757
18 Month CD
$10,000
3.91%
▲ 1.23% above national avg
▼
Rate3.85%
Min Deposit$10,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.23% above avg
Details
Michigan United Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.31%
576 E Lincoln St, Birmingham, MI 48009 1757
18 Month IRA CD
$4,000
3.91%
▲ 1.23% above national avg
▼
Rate3.85%
Min Deposit$4,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.23% above avg
Details
Directions Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.40%
3558 Sterns Rd, Lambertville, MI 48144
18 Month Certificate
$500
3.87%
▲ 1.19% above national avg
▼
Rate3.80%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.19% above avg
Details
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.95%
2929 3rd Ave N, Escanaba, MI 49829 4203
18 Month Jump Rate Certificate
$0
3.85%
▲ 1.17% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.17% above avg
Details
Rate Jump Certificates allow you to opt into a new rate once per term if the rates increase within the certificate's term.
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.72%
3777 West Rd, East Lansing, MI 48823 8029
18 Month Certificate or IRA-HSA Jumbo
$0
3.85%
▲ 1.17% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.17% above avg
Details
Michigan United Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.31%
576 E Lincoln St, Birmingham, MI 48009 1757
18 Month CD
$500
3.85%
▲ 1.17% above national avg
▼
Rate3.80%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.17% above avg
Details
Michigan United Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.31%
576 E Lincoln St, Birmingham, MI 48009 1757
18 Month IRA CD
$500
3.85%
▲ 1.17% above national avg
▼
Rate3.80%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.17% above avg
Details
Dearborn Federal Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.40%
22315 Michigan Ave, Dearborn, MI 48124
18 MONTH VARIABLE RATE IRA
$100
3.83%
▲ 1.15% above national avg
▼
Rate3.76%
Min Deposit$100
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.15% above avg
Details
The interest rate and APY may change after account opening
Alpena-Alcona Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.64%
1100 S Bagley St, Alpena, MI 49707 8104
18 Month
$500
3.80%
▲ 1.12% above national avg
▼
Rate3.75%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.12% above avg
Details
Alpena-Alcona Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.64%
1100 S Bagley St, Alpena, MI 49707 8104
18 Month Youth
$100
3.80%
▲ 1.12% above national avg
▼
Rate3.75%
Min Deposit$100
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.12% above avg
Details
Northland Area Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.67%
201 E M 55, Tawas City, MI 48763
18 Month
$0
3.80%
▲ 1.12% above national avg
▼
Rate3.80%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.12% above avg
Details
Sovita Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.36%
4411 Calkins Rd, Flint, MI 48532
Business 18 Months Regular
$2,500
3.80%
▲ 1.12% above national avg
▼
Rate3.75%
Min Deposit$2,500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.12% above avg
Details
Interest paid & compounded quarterly
Superior National Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.54%
235 Quincy St, Hancock, MI 49930
18 Month CD
$500
3.75%
▲ 1.07% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.07% above avg
Details
Sovita Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.36%
4411 Calkins Rd, Flint, MI 48532
Business 18 Months Regular
$2,500
3.75%
▲ 1.07% above national avg
▼
Rate3.75%
Min Deposit$2,500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.07% above avg
Details
Interest paid monthly
Embers Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.48%
1001 W Baraga Ave, Marquette, MI 49855
18 Months
$0
3.75%
▲ 1.07% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.07% above avg
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.72%
3777 West Rd, East Lansing, MI 48823 8029
18 Month Certificate or IRA-HSA
$0
3.70%
▲ 1.02% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.02% above avg
Details
InTouch Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.63%
3355 University Dr, Auburn Hills, MI 48326
18-Month Certificate
$0
3.70%
▲ 1.02% above national avg
▼
Rate3.64%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 1.02% above avg
Details
Lake Huron Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.95%
1540 Tittabawassee Rd, Saginaw, MI 48604 9445
18 Months
$0
3.67%
▲ 0.99% above national avg
▼
Rate3.60%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 0.99% above avg
Details
First National Bank of Michigan
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
348 W Michigan Ave, Kalamazoo, MI 49007
18 Month
$0
3.66%
▲ 0.98% above national avg
▼
Rate3.60%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 0.98% above avg
Details
Construction Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.52%
30400 Telegraph Rd Ste 122, Bingham Farms, MI 48025
18 Month Certificate of Deposit
$2,500
3.65%
▲ 0.97% above national avg
▼
Rate—
Min Deposit$2,500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 0.97% above avg
Details
Construction Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.52%
30400 Telegraph Rd Ste 122, Bingham Farms, MI 48025
18 Month IRA Certificate of Deposit
$2,500
3.65%
▲ 0.97% above national avg
▼
Rate—
Min Deposit$2,500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 0.97% above avg
Details
Security Credit Union
Institution Rating:
A-5.0 ★Texas Ratio: 14.23%
2404 S Linden Rd, Flint, MI 48532
IRA Share Certificates of Deposit - 1.5 year
$0
3.60%
▲ 0.92% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 0.92% above avg
Details
LOC Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.66%
6246 Chase Rd, Dearborn, MI 48126
18 Month Heroes Cert / IRA
$0
3.60%
▲ 0.92% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 0.92% above avg
Details
Penalties: 180 days*
Lakeshore Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.81%
2182 Lakeshore Dr, Muskegon, MI 49441 1414
18 MO IRA Certificate
$500
3.55%
▲ 0.87% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 0.87% above avg
Details
Lakeshore Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.81%
2182 Lakeshore Dr, Muskegon, MI 49441 1414
18 Month CD
$500
3.55%
▲ 0.87% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 0.87% above avg
Details
Lenco Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.47%
615 W Maple Ave, Adrian, MI 49221 1630
18 MONTH CERTIFICATE
$3,000
3.55%
▲ 0.87% above national avg
▼
Rate—
Min Deposit$3,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 0.87% above avg
Details
HPC Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
1234 W CHISHOLM ST, ALPENA, MI 49707
18 MONTH CD
$500
3.55%
▲ 0.87% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 0.87% above avg
Details
HPC Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
1234 W CHISHOLM ST, ALPENA, MI 49707
18 MONTH YOUTH CD
$100
3.55%
▲ 0.87% above national avg
▼
Rate—
Min Deposit$100
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 0.87% above avg
Details
Farmers & Merchants State Bank Archbold, OH
Institution Rating:
A5.0 ★Texas Ratio: 6.88%
220 Park Street, Birmingham, MI 48009
18-Month CD Special
$1,000
3.50%
▲ 0.82% above national avg
▼
Rate—
Min Deposit$1,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 0.82% above avg
Details
Public Service Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.17%
7665 Merriman Rd, Romulus, MI 48174 1920
Relationship CD 18-Months
$0
3.50%
▲ 0.82% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 0.82% above avg
Details
Adventure Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.76%
630 32nd St SE, Grand Rapids, MI 49548 2306
18 month CD
$500
3.50%
▲ 0.82% above national avg
▼
Rate3.46%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 0.82% above avg
Details
Adventure Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.76%
630 32nd St SE, Grand Rapids, MI 49548 2306
18-Month CD
$0
3.50%
▲ 0.82% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 0.82% above avg
Details
Rates are valid as of 7/14/2026 and subject to change without notice. Fees or penalties could reduce earnings. Early withdrawal penalty on 12-month term or longer is 180-days loss of interest.
LOC Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.66%
6246 Chase Rd, Dearborn, MI 48126
18 Month Cert / IRA
$0
3.50%
▲ 0.82% above national avg
▼
Rate3.45%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 0.82% above avg
Details
Team One Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.99%
520 HAYDEN ST, SAGINAW, MI 48607
18 Months
$0
3.50%
▲ 0.82% above national avg
▼
Rate3.44%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 0.82% above avg
Details
Jolt Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.26%
6180 State St, Saginaw, MI 48603
18 Month
$0
3.50%
▲ 0.82% above national avg
▼
Rate3.45%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 0.82% above avg
Details
First National Bank of Michigan
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
348 W Michigan Ave, Kalamazoo, MI 49007
18 Month
$0
3.45%
▲ 0.77% above national avg
▼
Rate3.40%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 0.77% above avg
Details
Journey Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.96%
1200 Zeeb Dr, Saint Johns, MI 48879 1150
18 Month Share Certificate
$500
3.40%
▲ 0.72% above national avg
▼
Rate3.34%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 0.72% above avg
Details
Early withdrawal penalties: 180 days interest forfeited on 18 and 24 months.
LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.33%
4866 Alpine Ave NW, Comstock Park, MI 49321 8579
18 Month IRA/HSA CD
$0
3.40%
▲ 0.72% above national avg
▼
Rate3.35%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 0.72% above avg
Details
VIP Bonus Rate: 3.590%, VIP Bonus APY: 3.65%
Public Service Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.17%
7665 Merriman Rd, Romulus, MI 48174 1920
CD IRA 18 mos
$0
3.35%
▲ 0.67% above national avg
▼
Rate3.35%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.68%▲ 0.67% above avg
Details
Michigan 24 Month CD Rates
MonitorBankRates National Average — 24 Month CD2.71% APY▲ 0.02% from last week
The national average 24-month CD rate is 2.71% APY as of September 2, 2026. Figures are compiled by MonitorBankRates from more than 8,500 U.S. banks and credit unions.
Source: Verified CD Rate Data provided by MonitorBankRates
Institution
Product
Min Deposit
APY
Profile
Christian Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.07%
8171 E 10 Mile Rd, Center Line, MI 48015 1449
24 Month Certificate
$0
4.20%
▲ 1.49% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.49% above avg
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.72%
3777 West Rd, East Lansing, MI 48823 8029
2-Year Certificate or IRA-HSA Jumbo
$0
4.15%
▲ 1.44% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.44% above avg
Details
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.95%
2929 3rd Ave N, Escanaba, MI 49829 4203
24 Month IRA Certificate
$0
4.10%
▲ 1.39% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.39% above avg
Details
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.95%
2929 3rd Ave N, Escanaba, MI 49829 4203
24 Months
$0
4.10%
▲ 1.39% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.39% above avg
Details
HPC Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
1234 W CHISHOLM ST, ALPENA, MI 49707
24 MO GOVERNMENT CD
$500
4.07%
▲ 1.36% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.36% above avg
Details
HPC Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
1234 W CHISHOLM ST, ALPENA, MI 49707
24 MO NON-PROFIT CD
$500
4.07%
▲ 1.36% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.36% above avg
Details
Muskegon Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.54%
65 W LAKETON AVE, MUSKEGON, MI 49441
IRA & SHARE CERTIFICATES 2 YEAR
$0
4.06%
▲ 1.35% above national avg
▼
Rate4.00%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.35% above avg
Details
First National Bank of America (FNBA)
Institution Rating:
A5.0 ★Texas Ratio: 13.60%
241 E Saginaw St, East Lansing, MI 48823
24 Month
$0
4.00%
▲ 1.29% above national avg
▼
Rate3.94%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.29% above avg
Details
DOW
Institution Rating:
A+5.0 ★Texas Ratio: 1.67%
600 E Lyon Rd, Midland, MI 48640 5396
Simple CDs 24 Months
$0
4.00%
▲ 1.29% above national avg
▼
Rate3.93%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.29% above avg
Details
First National Bank of Michigan
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
348 W Michigan Ave, Kalamazoo, MI 49007
2 Year
$0
3.92%
▲ 1.21% above national avg
▼
Rate3.85%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.21% above avg
Details
Directions Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.40%
3558 Sterns Rd, Lambertville, MI 48144
24 Month Certificate
$500
3.87%
▲ 1.16% above national avg
▼
Rate3.80%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.16% above avg
Details
Directions Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.40%
3558 Sterns Rd, Lambertville, MI 48144
24 Month Youth Certificate
$100
3.87%
▲ 1.16% above national avg
▼
Rate3.80%
Min Deposit$100
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.16% above avg
Details
Must be under 18 years of age
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.95%
2929 3rd Ave N, Escanaba, MI 49829 4203
24 Month Jump Rate Certificate
$0
3.85%
▲ 1.14% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.14% above avg
Details
Rate Jump Certificates allow you to opt into a new rate once per term if the rates increase within the certificate's term.
North Central Area Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.89%
2665 Reserve Rd, Houghton Lake, MI 48629
24 MONTH CD
$50,000
3.85%
▲ 1.14% above national avg
▼
Rate—
Min Deposit$50,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.14% above avg
Details
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.68%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
Jumbo and Jumbo IRA Certificates - 2 Years
$0
3.84%
▲ 1.13% above national avg
▼
Rate3.79%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.13% above avg
Details
$100,000 and Above
Huron Valley State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
130 S Milford Rd, Milford, MI 48381
2 Year
$0
3.81%
▲ 1.10% above national avg
▼
Rate3.76%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.10% above avg
Details
Superior National Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.54%
235 Quincy St, Hancock, MI 49930
24 Month CD
$500
3.80%
▲ 1.09% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.09% above avg
Details
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.51%
3030 S Adrian Hwy, Adrian, MI 49221
24 Month
$0
3.80%
▲ 1.09% above national avg
▼
Rate3.75%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.09% above avg
Details
Sovita Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.36%
4411 Calkins Rd, Flint, MI 48532
Business 24 Months Regular
$2,500
3.80%
▲ 1.09% above national avg
▼
Rate3.75%
Min Deposit$2,500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.09% above avg
Details
Interest paid & compounded quarterly
HPC Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
1234 W CHISHOLM ST, ALPENA, MI 49707
24 MONTH CD
$500
3.80%
▲ 1.09% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.09% above avg
Details
HPC Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
1234 W CHISHOLM ST, ALPENA, MI 49707
24 MONTH YOUTH CD
$100
3.80%
▲ 1.09% above national avg
▼
Rate—
Min Deposit$100
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.09% above avg
Details
PFCU Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.99%
9077 Charlotte Hwy, Portland, MI 48875
IRA Certificate 24 months
$0
3.80%
▲ 1.09% above national avg
▼
Rate3.73%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.09% above avg
Details
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.68%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
2 Years
$0
3.79%
▲ 1.08% above national avg
▼
Rate3.74%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.08% above avg
Details
Gratiot Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.78%
211 W Center St, Alma, MI 48801 2206
24 Months
$0
3.76%
▲ 1.05% above national avg
▼
Rate3.70%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.05% above avg
Details
Sovita Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.36%
4411 Calkins Rd, Flint, MI 48532
Business 24 Months Regular
$2,500
3.75%
▲ 1.04% above national avg
▼
Rate3.75%
Min Deposit$2,500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.04% above avg
Details
Interest paid monthly
Monroe Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.22%
715 N Telegraph Rd, Monroe, MI 48162 5130
24 Month CD
$0
3.75%
▲ 1.04% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.04% above avg
Details
Monroe Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.22%
715 N Telegraph Rd, Monroe, MI 48162 5130
24 Month IRA CD
$0
3.75%
▲ 1.04% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.04% above avg
Details
North Central Area Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.89%
2665 Reserve Rd, Houghton Lake, MI 48629
24 MONTH CD
$500
3.75%
▲ 1.04% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.04% above avg
Details
North Central Area Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.89%
2665 Reserve Rd, Houghton Lake, MI 48629
ADD ON 24 MO CERT
$100
3.75%
▲ 1.04% above national avg
▼
Rate—
Min Deposit$100
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.04% above avg
Details
Meijer Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.57%
2410 Gaynor Ave NW, Grand Rapids, MI 49544 1830
IRA Certificate of Deposit - 24 Months
$0
3.75%
▲ 1.04% above national avg
▼
Rate3.70%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.04% above avg
Details
First National Bank of Michigan
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
348 W Michigan Ave, Kalamazoo, MI 49007
2 Year
$0
3.71%
▲ 1.00% above national avg
▼
Rate3.65%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 1.00% above avg
Details
PFCU Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.99%
9077 Charlotte Hwy, Portland, MI 48875
24 months
$0
3.70%
▲ 0.99% above national avg
▼
Rate3.64%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 0.99% above avg
Details
Dort Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.35%
9048 HOLLY RD, GRAND BLANC, MI 48439
Jumbo Term Share Certificates 2 Years
$0
3.70%
▲ 0.99% above national avg
▼
Rate3.65%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 0.99% above avg
Details
Extra Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.11%
6611 Chicago Rd, Warren, MI 48092 1685
24 Months
$0
3.65%
▲ 0.94% above national avg
▼
Rate3.60%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 0.94% above avg
Details
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.51%
3030 S Adrian Hwy, Adrian, MI 49221
IRAs - Regular Certificates 24 Month
$0
3.65%
▲ 0.94% above national avg
▼
Rate3.60%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 0.94% above avg
Details
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.51%
3030 S Adrian Hwy, Adrian, MI 49221
Regular Certificates 24 Month
$0
3.65%
▲ 0.94% above national avg
▼
Rate3.60%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 0.94% above avg
Details
Soo-Co-Op Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.83%
4489 I 75 Business Spur, Sault Sainte Marie, MI 49783
24 Month
$0
3.65%
▲ 0.94% above national avg
▼
Rate3.65%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 0.94% above avg
Details
InTouch Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.63%
3355 University Dr, Auburn Hills, MI 48326
24-Month Certificate
$0
3.65%
▲ 0.94% above national avg
▼
Rate3.59%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 0.94% above avg
Details
Michigan United Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.31%
576 E Lincoln St, Birmingham, MI 48009 1757
2 Year CD
$10,000
3.60%
▲ 0.89% above national avg
▼
Rate3.55%
Min Deposit$10,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 0.89% above avg
Details
Michigan United Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.31%
576 E Lincoln St, Birmingham, MI 48009 1757
2 Year IRA CD
$4,000
3.60%
▲ 0.89% above national avg
▼
Rate3.55%
Min Deposit$4,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 0.89% above avg
Details
Lake Huron Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.95%
1540 Tittabawassee Rd, Saginaw, MI 48604 9445
24 Months
$0
3.56%
▲ 0.85% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 0.85% above avg
Details
United Churches Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.18%
20252 Ecorse Rd, Taylor, MI 48180
I.R.A Certificate 2 year
$250
3.56%
▲ 0.85% above national avg
▼
Rate3.50%
Min Deposit$250
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 0.85% above avg
Details
Lenco Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.47%
615 W Maple Ave, Adrian, MI 49221 1630
24 MONTH CERTIFICATE
$3,000
3.55%
▲ 0.84% above national avg
▼
Rate—
Min Deposit$3,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 0.84% above avg
Details
Michigan United Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.31%
576 E Lincoln St, Birmingham, MI 48009 1757
2 Year CD
$500
3.55%
▲ 0.84% above national avg
▼
Rate3.50%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 0.84% above avg
Details
Michigan United Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.31%
576 E Lincoln St, Birmingham, MI 48009 1757
2 Year IRA CD
$500
3.55%
▲ 0.84% above national avg
▼
Rate3.50%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 0.84% above avg
Details
First National Bank of Michigan
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
348 W Michigan Ave, Kalamazoo, MI 49007
2 Year
$0
3.51%
▲ 0.80% above national avg
▼
Rate3.45%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 0.80% above avg
Details
Tandem Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.67%
21043 Mound Rd, Warren, MI 48091 2903
24 Months Certificate of Deposit
$2,000
3.51%
▲ 0.80% above national avg
▼
Rate3.50%
Min Deposit$2,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 0.80% above avg
Details
A penalty is imposed for early withdrawal on Certificates of Deposit
Northland Area Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.67%
201 E M 55, Tawas City, MI 48763
PLUS Certificates 2 Year
$0
3.50%
▲ 0.79% above national avg
▼
Rate3.45%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 0.79% above avg
Details
Bump-up option available two times during the term. Rate may change after account is opened.
Construction Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.52%
30400 Telegraph Rd Ste 122, Bingham Farms, MI 48025
24 Month Certificate of Deposit
$2,500
3.50%
▲ 0.79% above national avg
▼
Rate—
Min Deposit$2,500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 0.79% above avg
Details
Construction Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.52%
30400 Telegraph Rd Ste 122, Bingham Farms, MI 48025
24 Month IRA Certificate of Deposit
$2,500
3.50%
▲ 0.79% above national avg
▼
Rate—
Min Deposit$2,500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.71%▲ 0.79% above avg
Details
Michigan 36 Month CD Rates
MonitorBankRates National Average — 36 Month CD2.66% APY▲ 0.03% from last week
The national average 36-month CD rate is 2.66% APY as of September 2, 2026. Figures are compiled by MonitorBankRates from more than 8,500 U.S. banks and credit unions.
Source: Verified CD Rate Data provided by MonitorBankRates
Institution
Product
Min Deposit
APY
Profile
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.95%
2929 3rd Ave N, Escanaba, MI 49829 4203
36 Month IRA Certificate
$0
4.15%
▲ 1.50% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.50% above avg
Details
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.95%
2929 3rd Ave N, Escanaba, MI 49829 4203
36 Months
$0
4.15%
▲ 1.50% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.50% above avg
Details
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.68%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
Jumbo and Jumbo IRA Certificates - 3 Years
$0
4.06%
▲ 1.40% above national avg
▼
Rate4.00%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.40% above avg
Details
$100,000 and Above
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.68%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
3 Years
$0
4.01%
▲ 1.36% above national avg
▼
Rate3.95%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.36% above avg
Details
First National Bank of America (FNBA)
Institution Rating:
A5.0 ★Texas Ratio: 13.60%
241 E Saginaw St, East Lansing, MI 48823
36 Month
$0
4.00%
▲ 1.35% above national avg
▼
Rate3.94%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.35% above avg
Details
DOW
Institution Rating:
A+5.0 ★Texas Ratio: 1.67%
600 E Lyon Rd, Midland, MI 48640 5396
Simple CDs 36 Months
$0
4.00%
▲ 1.35% above national avg
▼
Rate3.93%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.35% above avg
Details
First National Bank of Michigan
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
348 W Michigan Ave, Kalamazoo, MI 49007
3-Year Rising Rate Certificate of Deposit - Year 3 term
$0
3.97%
▲ 1.32% above national avg
▼
Rate3.90%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.32% above avg
Details
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.51%
3030 S Adrian Hwy, Adrian, MI 49221
36 Month
$0
3.91%
▲ 1.26% above national avg
▼
Rate3.85%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.26% above avg
Details
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.95%
2929 3rd Ave N, Escanaba, MI 49829 4203
36 Month Jump Rate Certificate
$0
3.90%
▲ 1.25% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.25% above avg
Details
Rate Jump Certificates allow you to opt into a new rate once per term if the rates increase within the certificate's term.
North Central Area Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.89%
2665 Reserve Rd, Houghton Lake, MI 48629
36 MONTH CD
$50,000
3.90%
▲ 1.25% above national avg
▼
Rate—
Min Deposit$50,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.25% above avg
Details
Huron Valley State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
130 S Milford Rd, Milford, MI 48381
3 Year
$0
3.88%
▲ 1.23% above national avg
▼
Rate3.82%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.23% above avg
Details
Directions Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.40%
3558 Sterns Rd, Lambertville, MI 48144
36 Month Certificate
$500
3.87%
▲ 1.22% above national avg
▼
Rate3.80%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.22% above avg
Details
Superior National Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.54%
235 Quincy St, Hancock, MI 49930
36 Month CD
$500
3.85%
▲ 1.20% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.20% above avg
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.72%
3777 West Rd, East Lansing, MI 48823 8029
3-Year Certificate or IRA-HSA
$0
3.85%
▲ 1.20% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.20% above avg
Details
PFCU Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.99%
9077 Charlotte Hwy, Portland, MI 48875
IRA Certificate 36 months
$0
3.85%
▲ 1.20% above national avg
▼
Rate3.78%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.20% above avg
Details
Gratiot Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.78%
211 W Center St, Alma, MI 48801 2206
36 Months
$0
3.82%
▲ 1.17% above national avg
▼
Rate3.75%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.17% above avg
Details
Extra Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.11%
6611 Chicago Rd, Warren, MI 48092 1685
36 Months
$0
3.80%
▲ 1.15% above national avg
▼
Rate3.75%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.15% above avg
Details
Sovita Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.36%
4411 Calkins Rd, Flint, MI 48532
Business 36 Months Regular
$2,500
3.80%
▲ 1.15% above national avg
▼
Rate3.75%
Min Deposit$2,500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.15% above avg
Details
Interest paid & compounded quarterly
North Central Area Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.89%
2665 Reserve Rd, Houghton Lake, MI 48629
36 MONTH CD
$500
3.80%
▲ 1.15% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.15% above avg
Details
Dort Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.35%
9048 HOLLY RD, GRAND BLANC, MI 48439
Jumbo Term Share Certificates 3 Years
$0
3.80%
▲ 1.15% above national avg
▼
Rate3.75%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.15% above avg
Details
First National Bank of Michigan
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
348 W Michigan Ave, Kalamazoo, MI 49007
3-Year Certificate of Deposit
$0
3.76%
▲ 1.11% above national avg
▼
Rate3.70%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.11% above avg
Details
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.51%
3030 S Adrian Hwy, Adrian, MI 49221
IRAs - Regular Certificates 36 Month
$0
3.75%
▲ 1.10% above national avg
▼
Rate3.70%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.10% above avg
Details
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.51%
3030 S Adrian Hwy, Adrian, MI 49221
Regular Certificates 36 Month
$0
3.75%
▲ 1.10% above national avg
▼
Rate3.70%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.10% above avg
Details
Sovita Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.36%
4411 Calkins Rd, Flint, MI 48532
Business 36 Months Regular
$2,500
3.75%
▲ 1.10% above national avg
▼
Rate3.75%
Min Deposit$2,500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.10% above avg
Details
Interest paid monthly
Best Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.41%
1888 E Sherman Blvd, Muskegon, MI 49444 1822
36 Month IRA Certificate
$500
3.75%
▲ 1.10% above national avg
▼
Rate3.70%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.10% above avg
Details
Early Withdrawal Penalty: 180 days interest
PFCU Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.99%
9077 Charlotte Hwy, Portland, MI 48875
36 months
$0
3.75%
▲ 1.10% above national avg
▼
Rate3.69%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.10% above avg
Details
First National Bank of Michigan
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
348 W Michigan Ave, Kalamazoo, MI 49007
3-Year Rising Rate Certificate of Deposit - Blended APY
$0
3.71%
▲ 1.06% above national avg
▼
Rate3.65%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.06% above avg
Details
First National Bank of Michigan
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
348 W Michigan Ave, Kalamazoo, MI 49007
3-Year Rising Rate Certificate of Deposit - Year 2 term
$0
3.71%
▲ 1.06% above national avg
▼
Rate3.65%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.06% above avg
Details
First National Bank of Michigan
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
348 W Michigan Ave, Kalamazoo, MI 49007
3 Year
$0
3.66%
▲ 1.01% above national avg
▼
Rate3.60%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.01% above avg
Details
Muskegon Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.54%
65 W LAKETON AVE, MUSKEGON, MI 49441
IRA & SHARE CERTIFICATES 3 YEAR
$0
3.60%
▲ 0.95% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.95% above avg
Details
Lake Huron Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.95%
1540 Tittabawassee Rd, Saginaw, MI 48604 9445
36 Months
$0
3.56%
▲ 0.91% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.91% above avg
Details
United Churches Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.18%
20252 Ecorse Rd, Taylor, MI 48180
I.R.A Certificate 3 year
$250
3.56%
▲ 0.91% above national avg
▼
Rate3.50%
Min Deposit$250
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.91% above avg
Details
Range Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
100 N Front St, Marquette, MI 49855
36 Months
$0
3.55%
▲ 0.90% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.90% above avg
Details
Settlers Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.24%
14623 State Highway M28 E, Bruce Crossing, MI 49912 9296
36 Month Share Certificates
$0
3.55%
▲ 0.90% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.90% above avg
Details
Public Service Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.17%
7665 Merriman Rd, Romulus, MI 48174 1920
CD: Tier V 36 months
$0
3.55%
▲ 0.90% above national avg
▼
Rate3.55%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.90% above avg
Details
minimum $250,000
Lenco Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.47%
615 W Maple Ave, Adrian, MI 49221 1630
36 MONTH CERTIFICATE
$3,000
3.55%
▲ 0.90% above national avg
▼
Rate—
Min Deposit$3,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.90% above avg
Details
Security Credit Union
Institution Rating:
A-5.0 ★Texas Ratio: 14.23%
2404 S Linden Rd, Flint, MI 48532
IRA Share Certificates of Deposit - 3 year
$0
3.55%
▲ 0.90% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.90% above avg
Details
TRUE Community Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.97%
2055 Spring Arbor Rd, Jackson, MI 49203
36 Months
$0
3.55%
▲ 0.90% above national avg
▼
Rate3.49%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.90% above avg
Details
Farmers & Merchants State Bank Archbold, OH
Institution Rating:
A5.0 ★Texas Ratio: 6.88%
220 Park Street, Birmingham, MI 48009
36-Month CD Special
$1,000
3.50%
▲ 0.85% above national avg
▼
Rate—
Min Deposit$1,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.85% above avg
Details
EastRise Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.41%
500 E Lafayette Blvd, Detroit, MI 48226
3-year
$0
3.50%
▲ 0.85% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.85% above avg
Details
EastRise Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.41%
500 E Lafayette Blvd, Detroit, MI 48226
Business Certificates - 3-Year
$0
3.50%
▲ 0.85% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.85% above avg
Details
Public Service Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.17%
7665 Merriman Rd, Romulus, MI 48174 1920
CD IRA 36 mos
$0
3.50%
▲ 0.85% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.85% above avg
Details
Public Service Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.17%
7665 Merriman Rd, Romulus, MI 48174 1920
CD: Tier II 36 months
$0
3.50%
▲ 0.85% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.85% above avg
Details
minimum $10,000; Dividends Paid: annually
Public Service Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.17%
7665 Merriman Rd, Romulus, MI 48174 1920
CD: Tier III 36 months
$0
3.50%
▲ 0.85% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.85% above avg
Details
minimum $50,000
Public Service Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.17%
7665 Merriman Rd, Romulus, MI 48174 1920
CD: Tier IV 36 months
$0
3.50%
▲ 0.85% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.85% above avg
Details
minimum $100,000; Dividends Paid: annually
Michigan Coastal Credit Union
Institution Rating:
C-3.6 ★Texas Ratio: 26.46%
1086 Creston St, Muskegon, MI 49442
36 MO GOLDEN CD
$500
3.50%
▲ 0.85% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.85% above avg
Details
Farm Bureau Family Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.93%
7373 W Saginaw Hwy, Lansing, MI 48917 1124
36-Month Certificate
$500
3.50%
▲ 0.85% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.85% above avg
Details
Meijer Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.57%
2410 Gaynor Ave NW, Grand Rapids, MI 49544 1830
IRA Certificate of Deposit - 36 Months
$0
3.50%
▲ 0.85% above national avg
▼
Rate3.45%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.85% above avg
Details
LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.33%
4866 Alpine Ave NW, Comstock Park, MI 49321 8579
36 Month IRA/HSA CD
$0
3.50%
▲ 0.85% above national avg
▼
Rate3.44%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.85% above avg
Details
VIP Bonus Rate: 3.687%, VIP Bonus APY: 3.75%
InTouch Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.63%
3355 University Dr, Auburn Hills, MI 48326
36-Month Certificate
$0
3.50%
▲ 0.85% above national avg
▼
Rate3.45%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.85% above avg
Details
Michigan 48 Month CD Rates
MonitorBankRates National Average — 48 Month CD2.66% APY▲ 0.04% from last week
The national average 48-month CD rate is 2.66% APY as of September 2, 2026. Figures are compiled by MonitorBankRates from more than 8,500 U.S. banks and credit unions.
Source: Verified CD Rate Data provided by MonitorBankRates
Institution
Product
Min Deposit
APY
Profile
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.95%
2929 3rd Ave N, Escanaba, MI 49829 4203
48 Month IRA Certificate
$0
4.15%
▲ 1.49% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.49% above avg
Details
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.95%
2929 3rd Ave N, Escanaba, MI 49829 4203
48 Months
$0
4.15%
▲ 1.49% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.49% above avg
Details
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.68%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
Jumbo and Jumbo IRA Certificates - 4 Years
$0
4.09%
▲ 1.43% above national avg
▼
Rate4.03%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.43% above avg
Details
$100,000 and Above
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.68%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
4 Years
$0
4.04%
▲ 1.38% above national avg
▼
Rate3.98%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.38% above avg
Details
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.51%
3030 S Adrian Hwy, Adrian, MI 49221
48 Month
$0
4.01%
▲ 1.35% above national avg
▼
Rate3.95%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.35% above avg
Details
North Central Area Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.89%
2665 Reserve Rd, Houghton Lake, MI 48629
48 MONTH CD
$50,000
3.95%
▲ 1.29% above national avg
▼
Rate—
Min Deposit$50,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.29% above avg
Details
Huron Valley State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
130 S Milford Rd, Milford, MI 48381
4 Year
$0
3.92%
▲ 1.26% above national avg
▼
Rate3.86%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.26% above avg
Details
Directions Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.40%
3558 Sterns Rd, Lambertville, MI 48144
48 Month Certificate
$500
3.92%
▲ 1.26% above national avg
▼
Rate3.85%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.26% above avg
Details
Superior National Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.54%
235 Quincy St, Hancock, MI 49930
48 Month CD
$500
3.90%
▲ 1.24% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.24% above avg
Details
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.95%
2929 3rd Ave N, Escanaba, MI 49829 4203
48 Month Jump Rate Certificate
$0
3.90%
▲ 1.24% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.24% above avg
Details
Rate Jump Certificates allow you to opt into a new rate once per term if the rates increase within the certificate's term.
Dort Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.35%
9048 HOLLY RD, GRAND BLANC, MI 48439
Jumbo Term Share Certificates 4 Years
$0
3.90%
▲ 1.24% above national avg
▼
Rate3.84%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.24% above avg
Details
DOW
Institution Rating:
A+5.0 ★Texas Ratio: 1.67%
600 E Lyon Rd, Midland, MI 48640 5396
Simple CDs 48 Months
$0
3.90%
▲ 1.24% above national avg
▼
Rate3.83%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.24% above avg
Details
Gratiot Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.78%
211 W Center St, Alma, MI 48801 2206
48 Months
$0
3.87%
▲ 1.21% above national avg
▼
Rate3.80%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.21% above avg
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.72%
3777 West Rd, East Lansing, MI 48823 8029
4-Year Certificate or IRA-HSA
$0
3.85%
▲ 1.19% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.19% above avg
Details
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.51%
3030 S Adrian Hwy, Adrian, MI 49221
IRAs - Regular Certificates 48 Month
$0
3.85%
▲ 1.19% above national avg
▼
Rate3.80%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.19% above avg
Details
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.51%
3030 S Adrian Hwy, Adrian, MI 49221
Regular Certificates 48 Month
$0
3.85%
▲ 1.19% above national avg
▼
Rate3.80%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.19% above avg
Details
North Central Area Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.89%
2665 Reserve Rd, Houghton Lake, MI 48629
48 MONTH CD
$500
3.85%
▲ 1.19% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.19% above avg
Details
Embers Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.48%
1001 W Baraga Ave, Marquette, MI 49855
48 Months
$0
3.75%
▲ 1.09% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.09% above avg
Details
Public Service Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.17%
7665 Merriman Rd, Romulus, MI 48174 1920
CD: Tier V 48 months
$0
3.70%
▲ 1.04% above national avg
▼
Rate3.70%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 1.04% above avg
Details
minimum $250,000
Range Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
100 N Front St, Marquette, MI 49855
48 Months
$0
3.65%
▲ 0.99% above national avg
▼
Rate3.60%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.99% above avg
Details
Muskegon Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.54%
65 W LAKETON AVE, MUSKEGON, MI 49441
IRA & SHARE CERTIFICATES 4 YEAR
$0
3.65%
▲ 0.99% above national avg
▼
Rate3.60%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.99% above avg
Details
Public Service Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.17%
7665 Merriman Rd, Romulus, MI 48174 1920
CD IRA 48 mos
$0
3.65%
▲ 0.99% above national avg
▼
Rate3.65%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.99% above avg
Details
Public Service Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.17%
7665 Merriman Rd, Romulus, MI 48174 1920
CD: Tier II 48 months
$0
3.65%
▲ 0.99% above national avg
▼
Rate3.65%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.99% above avg
Details
minimum $10,000; Dividends Paid: annually
Public Service Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.17%
7665 Merriman Rd, Romulus, MI 48174 1920
CD: Tier III 48 months
$0
3.65%
▲ 0.99% above national avg
▼
Rate3.65%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.99% above avg
Details
minimum $50,000
Public Service Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.17%
7665 Merriman Rd, Romulus, MI 48174 1920
CD: Tier IV 48 months
$0
3.65%
▲ 0.99% above national avg
▼
Rate3.65%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.99% above avg
Details
minimum $100,000; Dividends Paid: annually
LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.33%
4866 Alpine Ave NW, Comstock Park, MI 49321 8579
48 Month IRA/HSA CD
$0
3.65%
▲ 0.99% above national avg
▼
Rate3.59%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.99% above avg
Details
VIP Bonus Rate: 3.832%, VIP Bonus APY: 3.90%
Security Credit Union
Institution Rating:
A-5.0 ★Texas Ratio: 14.23%
2404 S Linden Rd, Flint, MI 48532
IRA Share Certificates of Deposit - 4 year
$0
3.60%
▲ 0.94% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.94% above avg
Details
Team One Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.99%
520 HAYDEN ST, SAGINAW, MI 48607
48 Months
$0
3.60%
▲ 0.94% above national avg
▼
Rate3.54%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.94% above avg
Details
TRUE Community Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.97%
2055 Spring Arbor Rd, Jackson, MI 49203
48 Months
$0
3.60%
▲ 0.94% above national avg
▼
Rate3.54%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.94% above avg
Details
Lake Huron Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.95%
1540 Tittabawassee Rd, Saginaw, MI 48604 9445
48 Months
$0
3.56%
▲ 0.90% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.90% above avg
Details
United Churches Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.18%
20252 Ecorse Rd, Taylor, MI 48180
I.R.A Certificate 4 year
$250
3.56%
▲ 0.90% above national avg
▼
Rate3.50%
Min Deposit$250
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.90% above avg
Details
Lenco Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.47%
615 W Maple Ave, Adrian, MI 49221 1630
48 MONTH CERTIFICATE
$3,000
3.55%
▲ 0.89% above national avg
▼
Rate—
Min Deposit$3,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.89% above avg
Details
Michigan Coastal Credit Union
Institution Rating:
C-3.6 ★Texas Ratio: 26.46%
1086 Creston St, Muskegon, MI 49442
48 MO GOLDEN CD
$500
3.55%
▲ 0.89% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.89% above avg
Details
Farm Bureau Family Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.93%
7373 W Saginaw Hwy, Lansing, MI 48917 1124
48-Month Certificate
$500
3.55%
▲ 0.89% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.89% above avg
Details
EastRise Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.41%
500 E Lafayette Blvd, Detroit, MI 48226
4-year
$0
3.50%
▲ 0.84% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.84% above avg
Details
EastRise Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.41%
500 E Lafayette Blvd, Detroit, MI 48226
Business Certificates - 4-Year
$0
3.50%
▲ 0.84% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.84% above avg
Details
Best Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.41%
1888 E Sherman Blvd, Muskegon, MI 49444 1822
48 Month IRA Certificate
$500
3.50%
▲ 0.84% above national avg
▼
Rate3.45%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.84% above avg
Details
Early Withdrawal Penalty: 180 days interest
Meijer Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.57%
2410 Gaynor Ave NW, Grand Rapids, MI 49544 1830
IRA Certificate of Deposit - 48 Months
$0
3.50%
▲ 0.84% above national avg
▼
Rate3.45%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.84% above avg
Details
LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.33%
4866 Alpine Ave NW, Comstock Park, MI 49321 8579
48 Month CD
$0
3.50%
▲ 0.84% above national avg
▼
Rate3.44%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.84% above avg
Details
VIP Bonus Rate: 3.687%, VIP Bonus APY: 3.75%
County City Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.11%
4635 44th St SE, Grand Rapids, MI 49512
48 Month
$500
3.44%
▲ 0.78% above national avg
▼
Rate3.40%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.78% above avg
Details
Bank of Ann Arbor
Institution Rating:
A+5.0 ★Texas Ratio: 4.20%
101 E Grand River Ave, Howell, MI 48843
4 Year Retail CD
$0
3.40%
▲ 0.74% above national avg
▼
Rate3.36%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.74% above avg
Details
First National Bank of Michigan
Institution Rating:
A+5.0 ★Texas Ratio: 0.44%
348 W Michigan Ave, Kalamazoo, MI 49007
4 Year
$0
3.40%
▲ 0.74% above national avg
▼
Rate3.35%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.74% above avg
Details
Journey Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.96%
1200 Zeeb Dr, Saint Johns, MI 48879 1150
48 Month Share Certificate
$500
3.40%
▲ 0.74% above national avg
▼
Rate3.34%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.74% above avg
Details
Early withdrawal penalties: 365 days interest forfeited for 36, 48 and 60 months.
Michigan Educational Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.12%
9200 N Haggerty Rd, Plymouth, MI 48170 4633
IRA Share Certificate 48 Months
$0
3.40%
▲ 0.74% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.74% above avg
Details
The minimum required amount for an IRA Share Certificate is $2,000 with additional increments of $500. A penalty will be imposed for early withdrawal. 3-5 years Share Certificate - 9 months of dividends accrued penalty.
Adventure Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.76%
630 32nd St SE, Grand Rapids, MI 49548 2306
48 month CD
$500
3.40%
▲ 0.74% above national avg
▼
Rate3.36%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.74% above avg
Details
CASE Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.75%
4316 S Pennsylvania Ave, Lansing, MI 48910
4 Year TDA
$0
3.40%
▲ 0.74% above national avg
▼
Rate3.35%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.74% above avg
Details
TBA Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.92%
2900 W South Airport Rd, Traverse City, MI 49684 4611
48 Month
$0
3.39%
▲ 0.73% above national avg
▼
Rate3.35%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.73% above avg
Details
Rate with Direct Deposit: 3.55%, APY with Direct Deposit: 3.60%
Preferred Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.67%
3767 Sparks Dr SE, Grand Rapids, MI 49546
48 Month Term CD or more
$0
3.39%
▲ 0.73% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.73% above avg
Details
$10,000; IRA CDs
County City Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.11%
4635 44th St SE, Grand Rapids, MI 49512
48 Month - Traditional or Roth
$1,000
3.39%
▲ 0.73% above national avg
▼
Rate3.35%
Min Deposit$1,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.73% above avg
Details
Georgetown Kraft Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.83%
100 Galleria Officentre, Southfield, MI 48034
48 Months
$0
3.35%
▲ 0.69% above national avg
▼
Rate3.30%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.66%▲ 0.69% above avg
Details
Michigan 60 Month CD Rates
MonitorBankRates National Average — 60 Month CD2.76% APY▲ 0.03% from last week
The national average 60-month CD rate is 2.76% APY as of September 2, 2026. Figures are compiled by MonitorBankRates from more than 8,500 U.S. banks and credit unions.
Source: Verified CD Rate Data provided by MonitorBankRates
Institution
Product
Min Deposit
APY
Profile
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.95%
2929 3rd Ave N, Escanaba, MI 49829 4203
60 Month IRA Certificate
$0
4.15%
▲ 1.39% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 1.39% above avg
Details
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.95%
2929 3rd Ave N, Escanaba, MI 49829 4203
60 Months
$0
4.15%
▲ 1.39% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 1.39% above avg
Details
LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.33%
4866 Alpine Ave NW, Comstock Park, MI 49321 8579
60 Month IRA/HSA CD VIP BONUS
$0
4.15%
▲ 1.39% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 1.39% above avg
Details
VIP BONUS. Traditional or Roth plans available. Can be established under a Certificate of Deposit or Insured Money Management Account. Contributions are usually tax deductible.
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.51%
3030 S Adrian Hwy, Adrian, MI 49221
60 Month
$0
4.11%
▲ 1.35% above national avg
▼
Rate4.05%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 1.35% above avg
Details
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.68%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
Jumbo and Jumbo IRA Certificates - 5 Years
$0
4.08%
▲ 1.32% above national avg
▼
Rate4.02%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 1.32% above avg
Details
$100,000 and Above
Wildfire Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.64%
6640 Bay Rd, Saginaw, MI 48604
Jumbo HSA Certificates 60 months
$0
4.07%
▲ 1.31% above national avg
▼
Rate3.99%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 1.31% above avg
Details
Wildfire Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.64%
6640 Bay Rd, Saginaw, MI 48604
Jumbo IRA Certificates 60 months
$0
4.07%
▲ 1.31% above national avg
▼
Rate3.99%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 1.31% above avg
Details
Dividends are compounded & credited monthly. There is a penalty for early withdrawal. Rates are subject to change without notice.
Extra Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.11%
6611 Chicago Rd, Warren, MI 48092 1685
60 Months
$0
4.06%
▲ 1.30% above national avg
▼
Rate4.00%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 1.30% above avg
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.72%
3777 West Rd, East Lansing, MI 48823 8029
5-Year Certificate or IRA-HSA Jumbo
$0
4.05%
▲ 1.29% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 1.29% above avg
Details
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.68%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
5 Years
$0
4.03%
▲ 1.27% above national avg
▼
Rate3.97%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 1.27% above avg
Details
Dort Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.35%
9048 HOLLY RD, GRAND BLANC, MI 48439
Jumbo Term Share Certificates 5 Years
$0
4.00%
▲ 1.24% above national avg
▼
Rate3.94%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 1.24% above avg
Details
Directions Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.40%
3558 Sterns Rd, Lambertville, MI 48144
60 Month Certificate
$500
3.97%
▲ 1.21% above national avg
▼
Rate3.90%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 1.21% above avg
Details
Huron Valley State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
130 S Milford Rd, Milford, MI 48381
5 Year
$0
3.96%
▲ 1.20% above national avg
▼
Rate3.90%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 1.20% above avg
Details
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.51%
3030 S Adrian Hwy, Adrian, MI 49221
IRAs - Regular Certificates 60 Month
$0
3.96%
▲ 1.20% above national avg
▼
Rate3.90%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 1.20% above avg
Details
TLC Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.51%
3030 S Adrian Hwy, Adrian, MI 49221
Regular Certificates 60 Month
$0
3.96%
▲ 1.20% above national avg
▼
Rate3.90%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 1.20% above avg
Details
North Central Area Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.89%
2665 Reserve Rd, Houghton Lake, MI 48629
60 MONTH CD
$50,000
3.95%
▲ 1.19% above national avg
▼
Rate—
Min Deposit$50,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 1.19% above avg
Details
Gratiot Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.78%
211 W Center St, Alma, MI 48801 2206
60 Months
$0
3.92%
▲ 1.16% above national avg
▼
Rate3.85%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 1.16% above avg
Details
Superior National Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.54%
235 Quincy St, Hancock, MI 49930
60 Month CD
$500
3.90%
▲ 1.14% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 1.14% above avg
Details
Peninsula Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.95%
2929 3rd Ave N, Escanaba, MI 49829 4203
60 Month Jump Rate Certificate
$0
3.90%
▲ 1.14% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 1.14% above avg
Details
Rate Jump Certificates allow you to opt into a new rate once per term if the rates increase within the certificate's term.
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.72%
3777 West Rd, East Lansing, MI 48823 8029
5-Year Certificate or IRA-HSA
$0
3.90%
▲ 1.14% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 1.14% above avg
Details
LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.33%
4866 Alpine Ave NW, Comstock Park, MI 49321 8579
60 Month IRA/HSA CD
$0
3.90%
▲ 1.14% above national avg
▼
Rate3.83%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 1.14% above avg
Details
VIP Bonus Rate: 4.073%, VIP Bonus APY: 4.15%
DOW
Institution Rating:
A+5.0 ★Texas Ratio: 1.67%
600 E Lyon Rd, Midland, MI 48640 5396
Simple CDs 60 Months
$0
3.90%
▲ 1.14% above national avg
▼
Rate3.83%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 1.14% above avg
Details
Community West Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.81%
3089 44th St SW, Grandville, MI 49418 2501
60 Month CD
$0
3.85%
▲ 1.09% above national avg
▼
Rate3.79%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 1.09% above avg
Details
North Central Area Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.89%
2665 Reserve Rd, Houghton Lake, MI 48629
60 MONTH CD
$500
3.85%
▲ 1.09% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 1.09% above avg
Details
Public Service Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.17%
7665 Merriman Rd, Romulus, MI 48174 1920
CD IRA 60 mos
$0
3.75%
▲ 0.99% above national avg
▼
Rate3.75%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 0.99% above avg
Details
Public Service Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.17%
7665 Merriman Rd, Romulus, MI 48174 1920
CD: Tier II 60 months
$0
3.75%
▲ 0.99% above national avg
▼
Rate3.75%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 0.99% above avg
Details
minimum $10,000; Dividends Paid: annually
Public Service Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.17%
7665 Merriman Rd, Romulus, MI 48174 1920
CD: Tier III 60 months
$0
3.75%
▲ 0.99% above national avg
▼
Rate3.75%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 0.99% above avg
Details
minimum $50,000
Public Service Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.17%
7665 Merriman Rd, Romulus, MI 48174 1920
CD: Tier IV 60 months
$0
3.75%
▲ 0.99% above national avg
▼
Rate3.75%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 0.99% above avg
Details
minimum $100,000; Dividends Paid: annually
Public Service Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.17%
7665 Merriman Rd, Romulus, MI 48174 1920
CD: Tier V 60 months
$0
3.75%
▲ 0.99% above national avg
▼
Rate3.75%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 0.99% above avg
Details
minimum $250,000
Embers Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.48%
1001 W Baraga Ave, Marquette, MI 49855
60 Months
$0
3.75%
▲ 0.99% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 0.99% above avg
Details
LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.33%
4866 Alpine Ave NW, Comstock Park, MI 49321 8579
60 Month CD
$0
3.75%
▲ 0.99% above national avg
▼
Rate3.69%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 0.99% above avg
Details
VIP Bonus Rate: 3.928%, VIP Bonus APY: 4.00%
Range Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
100 N Front St, Marquette, MI 49855
60 Months
$0
3.70%
▲ 0.94% above national avg
▼
Rate3.65%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 0.94% above avg
Details
Muskegon Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.54%
65 W LAKETON AVE, MUSKEGON, MI 49441
IRA & SHARE CERTIFICATES 5 YEAR
$0
3.70%
▲ 0.94% above national avg
▼
Rate3.65%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 0.94% above avg
Details
Security Credit Union
Institution Rating:
A-5.0 ★Texas Ratio: 14.23%
2404 S Linden Rd, Flint, MI 48532
IRA Share Certificates of Deposit - 5 year
$0
3.65%
▲ 0.89% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 0.89% above avg
Details
TRUE Community Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.97%
2055 Spring Arbor Rd, Jackson, MI 49203
60 Months
$0
3.65%
▲ 0.89% above national avg
▼
Rate3.58%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 0.89% above avg
Details
Farm Bureau Family Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.93%
7373 W Saginaw Hwy, Lansing, MI 48917 1124
60-Month Certificate
$500
3.60%
▲ 0.84% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 0.84% above avg
Details
Lake Huron Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.95%
1540 Tittabawassee Rd, Saginaw, MI 48604 9445
60 Months
$0
3.56%
▲ 0.80% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 0.80% above avg
Details
United Churches Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.18%
20252 Ecorse Rd, Taylor, MI 48180
I.R.A Certificate 5 year
$250
3.56%
▲ 0.80% above national avg
▼
Rate3.50%
Min Deposit$250
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 0.80% above avg
Details
Wildfire Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.64%
6640 Bay Rd, Saginaw, MI 48604
60 Month CD
$0
3.55%
▲ 0.79% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 0.79% above avg
Details
One-time rate bump
Lenco Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.47%
615 W Maple Ave, Adrian, MI 49221 1630
60 MONTH CERTIFICATE
$3,000
3.55%
▲ 0.79% above national avg
▼
Rate—
Min Deposit$3,000
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 0.79% above avg
Details
Michigan Coastal Credit Union
Institution Rating:
C-3.6 ★Texas Ratio: 26.46%
1086 Creston St, Muskegon, MI 49442
60 MO GOLDEN CD
$500
3.55%
▲ 0.79% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 0.79% above avg
Details
Advantage One Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.46%
13050 Fort St, Southgate, MI 48195 1101
60-Month IRA Share Certificate
$0
3.55%
▲ 0.79% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 0.79% above avg
Details
Southeast Michigan State Employees Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.01%
6230 Orchard Lake Rd, West Bloomfield, MI 48322
IRA Certificate 60 Month
$0
3.54%
▲ 0.78% above national avg
▼
Rate3.50%
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 0.78% above avg
Details
Dearborn Federal Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.40%
22315 Michigan Ave, Dearborn, MI 48124
5 YEAR IRA
$250
3.50%
▲ 0.74% above national avg
▼
Rate3.50%
Min Deposit$250
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 0.74% above avg
Details
Dearborn Federal Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.40%
22315 Michigan Ave, Dearborn, MI 48124
5 YEARS CD
$500
3.50%
▲ 0.74% above national avg
▼
Rate3.50%
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 0.74% above avg
Details
Lakeshore Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.81%
2182 Lakeshore Dr, Muskegon, MI 49441 1414
60 MO IRA Certificate
$500
3.50%
▲ 0.74% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 0.74% above avg
Details
Lakeshore Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.81%
2182 Lakeshore Dr, Muskegon, MI 49441 1414
60 Month CD
$500
3.50%
▲ 0.74% above national avg
▼
Rate—
Min Deposit$500
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 0.74% above avg
Details
EastRise Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.41%
500 E Lafayette Blvd, Detroit, MI 48226
5-year
$0
3.50%
▲ 0.74% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 0.74% above avg
Details
EastRise Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.41%
500 E Lafayette Blvd, Detroit, MI 48226
Business Certificates - 5-Year
$0
3.50%
▲ 0.74% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 0.74% above avg
Details
Michigan Educational Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.12%
9200 N Haggerty Rd, Plymouth, MI 48170 4633
IRA Share Certificate 60 Months
$0
3.50%
▲ 0.74% above national avg
▼
Rate—
Min Deposit$0
Min Balance—
Verified and UpdatedAug 31, 2026
National Average2.76%▲ 0.74% above avg
Details
The minimum required amount for an IRA Share Certificate is $2,000 with additional increments of $500. A penalty will be imposed for early withdrawal. 3-5 years Share Certificate - 9 months of dividends accrued penalty.
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The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The “Min Deposit” indicates the minimum amount required to earn the stated APY.
Banks and Credit Unions: If you identify an incorrect rate or wish to request removal from MonitorBankRates.com, please contact us here.
Banks and Credit Unions: If you identify an incorrect rate or wish to request removal from MonitorBankRates.com, please contact us here.
Michigan CD Rate Trends
Compare local Michigan CD rate quotes against the statewide average
Daily CD rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
12-Month CD — MI Avg
2.833%
▼ 0.023 vs 7 days ago
Michigan 12-month CD rates fell 0.023 points over the past 7 days to 2.833% APY.
6-Month CD — MI Avg
2.672%
▼ 0.050 vs 7 days ago
Michigan 6-month CD rates fell 0.050 points over the past 7 days to 2.672% APY.
As of Sep 2, 2026 • Rate data sourced from 8,500+ monitored institutions
Powered by MonitorBankRates
MI CD Rate Forecast — Next 12 Months
Where are Michigan CD rates headed through September 2027?
Projections based on Fed funds rate futures and historical CD-to-fed-funds spread model. Not financial advice.
MI 12-Month Avg APY
2.833%
6-Month Forecast
2.833%
Range: 2.63% – 2.98%
12-Month Forecast
2.583%
Range: 2.38% – 2.73%
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What Your Savings Earn at MI CD Rates Today
Annual interest earnings at today’s Michigan average APYs. State average used where available; national average as fallback.
| CD Term | MI Avg APY | $5,000 | $10,000 | $25,000 | $50,000 |
|---|---|---|---|---|---|
| 3-Month CD | 1.964% | $98.19 | $196.38 | $490.95 | $981.90 |
| 6-Month CD | 2.672% | $133.62 | $267.23 | $668.08 | $1,336.15 |
| 12-Month CD | 2.833% | $141.64 | $283.28 | $708.20 | $1,416.40 |
| 18-Month CD | 2.677% | $133.84 | $267.67 | $669.18 | $1,338.35 |
| 24-Month CD | 2.711% | $135.57 | $271.14 | $677.85 | $1,355.70 |
| 36-Month CD | 2.655% | $132.75 | $265.50 | $663.75 | $1,327.50 |
| 48-Month CD | 2.657% | $132.83 | $265.66 | $664.15 | $1,328.30 |
| 60-Month CD | 2.760% | $138.00 | $276.00 | $690.00 | $1,380.00 |
| Earnings shown are annualized (APY basis). Actual earnings for sub-12-month terms will be proportionally lower at maturity. Rates as of September 1, 2026. | |||||
Sample CD Ladder for Michigan Savers
$25,000 split equally across 5 terms using today’s Michigan average rates. As each CD matures, reinvest at the 36-month rung.
| Rung | Term | Deposit | MI Avg APY | Annual Earnings |
|---|---|---|---|---|
| 1 | 3-Month CD | $5,000 | 1.964% | $98.19 |
| 2 | 6-Month CD | $5,000 | 2.672% | $133.62 |
| 3 | 12-Month CD | $5,000 | 2.833% | $141.64 |
| 4 | 24-Month CD | $5,000 | 2.711% | $135.57 |
| 5 | 36-Month CD | $5,000 | 2.655% | $132.75 |
| Total ($25,000 invested) | $25,000 | 2.567% blended | $641.77/yr | |
Ladder example uses equal $5,000 rungs and Michigan average APYs. Actual earnings depend on the specific institution and product chosen. Use the calculator above to model your exact deposit amounts.
1,192
CD Rates
Tracked in Michigan
Tracked in Michigan
20 Banks
98 Credit Unions
About Our Michigan CD Rate Database
MonitorBankRates tracks 1,192 CD rates from 20 banks and 98 credit unions with locations in Michigan, plus national online institutions available to Michigan residents. Our proprietary aggregation system pulls verified rate data directly from each institution’s official website — no estimates, no national averages passed off as real offers.
Every rate listed includes the institution’s Safety Grade (A+ to F), Star Rating (1–5), and Texas Ratio — objective financial health metrics calculated from FDIC and NCUA regulatory data — so you can compare yield and institutional safety in one place.
Current top rate: United Financial Credit Union offers a CD at 5.05% APY with a minimum deposit of $0. Use the rate table above to compare all current offers in Michigan.
How to Find the Best CD Rates in Michigan
What to compare when shopping for a CD in Michigan
To find the best APYs in Michigan, start with credit unions and online-only banks — Michigan has 98 credit unions in our database, and they consistently offer some of the highest yields because they have lower overhead than traditional banks and compete aggressively for deposits.
Always compare the APY (Annual Percentage Yield), not just the interest rate. The APY reflects compounding and is the true measure of what you’ll earn.
Also compare the early withdrawal penalty. Common penalties range from 30 to 180 days of interest depending on the term. If you’re unsure whether you’ll need the funds early, a no-penalty CD or a high-yield savings account may be a better fit.
When a CD Makes Sense in Michigan
- You have a planned expense coming up and want your savings to earn while you wait
- You expect rates to fall and want to lock in today’s rate
- You want FDIC or NCUA protection with a guaranteed fixed return
- You prefer banking with an institution that has a local branch in Michigan — 118 institutions here report CD rates
Consider an Alternative If…
- You may need the funds within 30 days — compare Michigan savings rates instead
- Rates are rising and you want to benefit — a variable-rate savings or money market account keeps pace
- You want check-writing access — compare Michigan money market rates
Michigan Financial Snapshot
Local demographics and economic context for CD savers — Source: U.S. Census Bureau ACS 2024
Population 65+
18.6%
National avg: 17.3%
Median Individual Earnings
$42,935
National avg: $47,340
Poverty Rate
13.2%
National avg: 11.1%
Unemployment Rate
5.7%
National avg: 4.8%
CD Earnings on 10% of Salary
$122/yr
At MI 12-mo avg 2.833% APY
18.6% of residents are 65 or older, in line with the national average of 17.3%. At today’s MI 12-month CD average of 2.833%, saving 10% of the local median salary ($4,293/year) and putting it in a CD would earn an additional $122 annually in interest.
Data: U.S. Census Bureau, American Community Survey 5-Year Estimates 2024. Median earnings from ACS 2023 place-level estimates.
CD Rates vs. Other Savings Options in Michigan
What to compare when choosing between a CD and other deposit accounts
| Feature | CD | High-Yield Savings | Money Market | 6-Month CD |
|---|---|---|---|---|
| Rate Type | Fixed APY | Variable APY | Variable APY | Fixed APY |
| Liquidity | Locked for term | Anytime | Anytime | Locked 6 months |
| Early Withdrawal | Penalty (months of interest) | None | None | Penalty (90–180 days interest) |
| FDIC / NCUA Insured | Yes (up to $250K) | Yes (up to $250K) | Yes (up to $250K) | Yes (up to $250K) |
| Check / Debit Access | No | Usually no | Often yes | No |
| Best For | Known savings goal, CD ladder | Emergency fund, flexible savings | Liquid savings with check-writing | Slightly higher yield, less urgency |
How Certificates of Deposit Work in Michigan
A certificate of deposit (CD) is a deposit account that holds a fixed sum of money for a fixed term, commonly three months to five years, in exchange for a guaranteed interest rate. In return for leaving the money untouched until the term ends, a saver in Michigan typically earns a higher rate than a standard savings account pays. CDs from banks are insured by the FDIC and those from credit unions by the NCUA, in Michigan as everywhere in the U.S.
Choosing a CD Term in Michigan
The term is the length of time the money is committed before the CD matures. Shorter terms such as three or six months give Michigan savers easier access to their funds. For example, United Financial Credit Union is offering its 6 month - 4H or FFA CD at 5.05% APY. Longer terms such as three or five years usually pay higher rates. On the longer end, Peninsula Federal Credit Union is offering its 60 Month IRA Certificate at 4.15% APY. When a CD matures, the depositor can withdraw the principal and interest or roll the balance into a new term, so it helps to match the term to when the money will actually be needed.
CD Risk and Safety for Michigan Savers
CDs are among the lowest-risk savings products available because the rate is fixed for the full term and the balance is federally insured up to $250,000 per depositor, per institution, per ownership category. For a Michigan saver, the main trade-off is liquidity: withdrawing funds before maturity usually triggers an early-withdrawal penalty, often 30 to 180 days of interest depending on the term.
How CD Interest Is Paid in Michigan
Interest on a CD is calculated using the annual percentage yield (APY), which reflects the effect of compounding over a year. Depending on the institution, interest may be credited monthly, quarterly, or at maturity, and can be paid out to a linked account or added back to the CD to compound. When comparing the Michigan CDs listed above, a saver gets the truest picture of total earnings by looking at APY rather than the nominal rate.
Fixed vs. Variable CD Rates in Michigan
Most CDs carry a fixed rate that is locked for the entire term, protecting a Michigan depositor if market rates fall after the account is opened. Some institutions offer variable-rate or bump-up CDs whose rate can change during the term; these may start lower but allow the rate to rise if conditions improve. Which is better depends on the direction a saver expects rates to move.
Frequently Asked Questions about CD Rates in Michigan
Are CD rates in Michigan FDIC insured?
Yes, most established banks in Michigan are insured by the FDIC up to $250,000 per depositor. Credit unions carry equivalent protection through the NCUA.
Do I have to pay state taxes on CD interest in Michigan?
Yes, interest earned on CDs is generally taxable income at both the federal and state levels. We recommend consulting a local tax professional regarding your specific obligations in Michigan.
Can I withdraw my money early from a CD?
You can, but most institutions charge an Early Withdrawal Penalty — typically a number of months of interest (e.g., 3 or 6 months). The exact amount varies by institution and CD term.
What is the difference between a Jumbo CD and a regular CD?
Jumbo CDs require a higher minimum deposit — traditionally $100,000 or more. In exchange, banks in Michigan may offer slightly higher APYs compared to standard CDs.
Are fixed-rate CDs better than variable-rate CDs?
Fixed-rate CDs lock in your APY for the full term, protecting you if rates drop. Variable-rate CDs allow your rate to rise with the market but may start with a lower initial yield.
What is a CD ladder?
A CD ladder involves opening multiple CDs with staggered maturity dates — for example 3-month, 6-month, 1-year, and 2-year. As each matures, you reinvest at the longest term, maximizing yield while maintaining regular access to a portion of your savings.
Best CD rates in Michigan?
Here are recent top rates found for this area:
- United Financial Credit Union: 5.05% APY (6 month - 4H or FFA CD)
- OMNI Community Credit Union: 5.00% APY (12 Month Youth Special)
- Best Financial Credit Union: 5.00% APY (12 Month Super Kids)
- People Driven Credit Union: 4.50% APY (1 Year Youth)
- Wolverine State Credit Union: 4.34% APY (1 YEAR YOUTH CD)
- Public Service Credit Union: 4.32% APY (Jumbo CD 3 Months)
- Alliance Catholic Credit Union: 4.25% APY (6 Months)
- First National Bank of America (FNBA): 4.20% APY (18 Month Special)
- Chief Financial Federal Credit Union: 4.20% APY (12 Month)
- Christian Financial Credit Union: 4.20% APY (24 Month Certificate)
Rates reflect recent verified offers available in Michigan. Last Updated: September 1, 2026
Michigan CD Calculator
See exactly what a CD will earn by maturity. Enter your deposit, pick a term, and set the APY — or click any current Michigan rate on the right to apply that term and rate instantly. CD rates are fixed for the full term.
Interest at Maturity
$0
Ending Balance
$0
Matures
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Assumes the APY is held to maturity with interest compounding and remaining in the CD. Early withdrawals typically forfeit 30–180 days of interest. Estimates are for informational purposes only.
CD Calculators for Michigan
Michigan CD Calculator
At today’s MI top rate of 5.05% APY, a $10,000 deposit earns $505 in the first year. Enter your amount to see your exact return.
Michigan CD LadderMI CD rates currently range from 1.964% (3-month) to 2.655% (36-month). Model a ladder with local rates to keep cash accessible while maximizing yield.
Early Withdrawal PenaltyBefore locking into a Michigan CD at 5.05% APY, know your exit cost. Most institutions charge 90–180 days of interest — calculate your real net return if you need early access.
CD vs. High-Yield SavingsMichigan’s average 12-month CD is 2.833% APY. Compare locking in that rate against a flexible high-yield savings account to see which earns more for your deposit and timeline.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Michigan CD rate tables are free for consumers to use, and we do not receive payment from any financial institution to be included or to be ranked in any particular order. Listings are based solely on the rates each institution publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified CD Rate Data: We aggregate certificate of deposit (CD) rates for 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 sourcing data 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 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.
Disclaimer: Interest rates are variable and subject to change without notice. Verify current offers directly with the institution's official website. Last Updated and Verified: September 1, 2026
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