Within our constantly updated roundup of the nation’s best-paying local and regional CDs is a Great Lakes credit union with a great rate deal.
Michigan One Community Credit Union is paying 1.46% APY on 18-month certificates of deposit, with a minimum $1,000 investment.
With the top nationally available 2-year offer from the banks on our CD Rates Leaderboard standing at 1.50% APY, Michigan One’s shorter term offers an edge.
Anyone who lives or works in Michigan’s Barry, Clinton, Eaton, Gratiot, Ionia, Kent and Montcalm counties can join the credit union.
In addition, those with a family member living in those counties can join, even if the originally eligible person hasn’t joined Michigan One.
The one caveat is that customers new to Michigan One must open their account in person at one of four branches, located in Ionia, Carson City and Greenville.
To find your best deal whenever you’re rate shopping, be sure to visit Bankrate’s extensive database of the day’s best CD yields.