Rates Blog

Finance Blogs » Rates » 6-month CD rates in Detroit, Michigan

6-month CD rates in Detroit, Michigan

By Mitch Strohm · Bankrate.com
Sunday, February 16, 2014
Posted: 3 pm ET

Shopping for 6-month CD rates in Detroit, MI? The average 6-month CD is currently paying just 0.15 percent. Yet, there are still some better-than-average rates out there.

You'll find one bank in this survey offering 0.2 percent, or just slightly better than the national average. That's a decent deal, but it's important to check out the minimum deposit requirements for each bank before you decide on a CD.

Use our tools to compare the highest CD rates in Detroit, MI, and in other areas of Michigan.

 

CD rates in Detroit, Michigan

Here are the 6-month CD rates in Detroit, MI, as of 10 a.m. on Friday.

Banking Institution APY Min. Deposit
Citizens Community Federal 0.2% $2,000
Sterling Bank and Trust 0.15% $500
BestBank 0.1% $1,000
Dearborn Federal Savings Bank 0.1% $500
PNC Bank, NA 0.06% $1,000
Comerica Bank 0.05% $1,000
Charter One Bank 0.03% $1,000
Chase Bank 0.02% $1,000

Follow our CD rates daily on Twitter.

«
»
Bankrate wants to hear from you and encourages comments. We ask that you stay on topic, respect other people's opinions, and avoid profanity, offensive statements, and illegal content. Please keep in mind that we reserve the right to (but are not obligated to) edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused.

By submitting a post, you agree to be bound by Bankrate's terms of use. Please refer to Bankrate's privacy policy for more information regarding Bankrate's privacy practices.
Add a comment

(Comments may take 5-10 minutes to appear)