Compare the Best Local Rates

Banks in Detroit with the Highest Interest Rates Today

Are you currently earning the top interest rates in your city? There are currently 11 banks in Detroit today that supply rates data to Detroit Banking Rates. Take a look at the average interest rates among these banks across a variety of deposit accounts, as well as a list of banks where you can find the highest rates in the city.

Average Deposit Account Rates at Detroit Banks Today

Knowing the average interest rates for your location will help you determine which offers are truly competitive.
Average 6-Month CD Rate: 0.42% APY
Average 1-Year CD Rate: 0.63% APY
Average 2-Year CD Rate: 0.75% APY
Average Savings Rate: 0.18% APY

Detroit Banks with the Best CD Rates

Out of all the banks near you, these are currently offering the highest rates within a 50-mile radius of Detroit

6-Month CD

  • Huron Valley State Bank: 0.5%
  • Bank of Ann Arbor: 0.45%
  • Flagstar: 0.3%

1-Year CD

  • Huron Valley State Bank: 0.75%
  • Bank of Ann Arbor: 0.65%
  • Flagstar: 0.5%

2-Year CD

  • Bank of Ann Arbor: 0.9%
  • Flagstar: 0.6%

Detroit Banks with the Highest Savings Interest Rates

  • Huron Valley State Bank: 0.25%
  • Flagstar: 0.2%
  • Bank of Ann Arbor: 0.1%

The above rates are accurate as of the publish date (July 26, 2011), but are subject to change at any time. Contact the individual bank to verify rates before opening an account.