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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

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