Do you want to invest for the short term without having to worry about risk? If so, you may want to look at CD rates in Grand Rapids, MI. Online and large national banks are posting higher yields to bring in deposits. As a low-risk investment, a 6-month CD can be a great choice for the careful investor in Michigan.
CD rates, though currently showing low returns, often yield more than interest-bearing savings accounts. Shop around thoroughly when looking for CD rates in Grand Rapids, MI. Bankrate.com can help you locate the best CD rates across the nation.
CD rates in Grand Rapids, MI
Here are the 6-month CD rates as of 2 p.m. in Grand Rapids, MI.
| Institution | APY | Min Deposit |
| Ally | 0.95% | $0 |
| Mercantile Bank | 0.40% | $500 |
| Chase Bank | 0.20% | $1,000 |
| Huntington Bank | 0.15% | $1,000 |
| Fifth Third Bank | 0.05% | $500 |
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