Detroit Banking Rates

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About Detroit Banking Rates

Detroit Banking Rates is comitted to assisting residents find the very best interest rates in Detroit, Michigan. Whether you’re opening a new savings account or borrowing money for a big purchase like a home or car, Detroit Banking Rates can help you locate the very best rates from banks, credit unions and lenders in the city, as well as provide informational resources so you can better understand your city’s financial landscape.

Our Featured Detroit Bank Rate

More Banks and Credit Unions in Detroit and Surrounding Areas

Health One Credit Union
600 E Lafayette Blvd
Detroit, MI 48226
Communicating Arts Credit Union
P O Box 32584
Detroit, MI 48232
InTouch Credit Union
200 Renaissance Center, Ste 1201
Detroit, MI 48243
Co-Op Services Credit Union
1351 E Jefferson
Detriot, MI 48207
International Uaw Federal Credit Union
8000 East Jefferson Ave
Detroit, MI 48214
Craftsman Credit Union
2444 Clark Street
Detroit, MI 48209
Dearborn Village Community Credit Union
4353 Maple
Dearborn, MI 48126
Df Financial Credit Union
400 Town Center Drive
Dearborn, MI 48126

With so many banking account options today, you can have your pick of the best available rates in Detroit. Smart investors ensure that their bank account works for them, earning interest while they save. If you currently have money in a savings account, ask yourself, “Is this bank earning me the right amount of interest?” Best Detroit, MI Bank Account Rates – April 12, 2011

Savings account rates across the nation will fluctuate over time, which means it’s important to check up on the latest rates near you and be sure you’re still earning the highest interest rate possible. Let’s examine what savings account interest rates are presently doing right now.

Current Rates in Detroit, MI Current Best Savings Account Interest Rates in Detroit, MI

April is here, and it’s a great time to ramp up your savings to prepare for summer by finding the highest interest rates in Detroit.

Below you will find a list of the top Detroit Banking Rates financial institutions with the best interest rates in Detroit today. Find out where you can obtain the highest rates and get your savings back on track. Detroit, MI Interest Rates: April 2011

It’s getting close to the end of March and CD rates in Detroit have adjusted slightly since last month. If you’re looking for a competitive CD rate to boost your savings, take a look at the latest rates for various term lengths below:

Best Detroit 6-Month CD Rates


  • Southeast Michigan State Employees Credit Union: 2.02%
  • Advantage One Credit Union: 2%
  • Cornerstone Financial Credit Union: 1.66%



Highest 12-Month CD Rates in Detroit


  • Advantage One Credit Union: 2.25%
  • Construction Credit Union: 2.03%
  • Southeast Michigan State Employees Credit Union: 2.02%



Top 24-Month CD Rates in Detroit


  • Advantage One Credit Union: 2.5%
  • Cornerstone Financial Credit Union: 2.31%
  • Ann Arbor State Bank: 2.27%



Please note that these rates are accurate as of the publish date but are subject to change at any time in the future.

During a rocky economy, a Detroit savings account can give your money the security it needs while still earning a little interest. Of course, finding the savings account in your area with the best interest rate will benefit your money the most.

The average savings account interest rate in Detroit is presently 0.37% APY, but there are plenty of financial institutions nearby with better rates to offer. Below is a list of the current highest savings rates in and around Detroit: Detroit, MI Savings Account Rates as of March 22, 2011

When it comes to choosing the best CD account in Detroit, MI, there are several factors to consider like term length, minimum deposit and most importantly, the interest rate. If you’ve decided on a 12-month CD, it’s important you figure out what the appropriate interest rate for that term length should be in your location. How to Find the Best 12-Month CD Rates in Detroit, MI: March 2011

Home equity loans are frozen when banks and other financial institutions in the business of lending money stop lending out more money to protect from losses they might face, due to either subprime mortgage or any other high-risk loans. When this happens it is very hard for borrowers to get any money on their existing home equity loans. The biggest trigger for a freeze in home equity loans is a drop in the value of a borrowers home, regardless of his or her payment history. When Are Home Equity Loans Frozen?

Find great banking information with Detroit Banking Rates. From information on car insurance, to personal loans to information on the current prime interest rate Detroit Banking Rates is here to help you make the smartest choice. We’re a one-stop resource for all kinds of financial information that we translate into language that’s easy to understand. How Can Detroit Banking Rates Help You?