Rates Blog

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

6-month CD rates in Grand Rapids, Michigan

By Mitch Strohm · Bankrate.com
Monday, March 28, 2011
Posted: 4 pm ET

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

Follow Bankrate 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.