bank rates

Michigan Deal: 1.75%, 24-Month CD Rates

mBank is offering this deal with a $250 minimum deposit.Michigan residents looking for top 24-month CD rates should head to mBank.

It’s paying 1.75% APY with a $250 minimum deposit.

That’s a full quarter of a percentage point better than the highest nationally available 24-month CD rates on our CD Rates Leaderboard.

The bank is also offering 2.00% APY for 36-month CDs – which ties the top rate for that term – and 2.50% APY for 48-month CDs.

But mBank (www.bankmbank.com) prefers to sell its certificates of deposit to Michigan residents.

And you must also visit a branch in person. There are 11 branches across the Great Lakes state: one in the northern Detroit suburb of Birmingham; three in Gaylord, Kaleva and Traverse City; and seven in the upper peninsula, in Escanaba, Manistique, Marquette, Newberry, Sault Ste. Marie and Stephenson.

See how these returns compare with the best CD rates from scores of banks in our extensive database.

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Comments (2)
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2 Existing Comments
  1. Kathy at Bankaholic said:
    on August 8th at 08:44 am

    These rates are still available.

  2. Kathy at Bankaholic said:
    on August 14th at 10:39 am

    You can still get these rates as of today.