Michigan

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Wyandotte, Michigan CD Rates – 6-Month

You are viewing rates from banks across Wyandotte





Below are the best six-month CD Rates from banks with branches in Wyandotte, Michigan . Six month CDs are considered short-term cds and the yield is comparable to savings and money market rates. You may want to consider opening a 6 month CD if you are concerned about savings rates dropping and don’t mind locking up your money for six months.

Wyandotte, MI - July 16, 2025

6 Month CD National Average : 0.41% ?

Banks APY MIN MILES ?

Rate History: 5.25% → 5.00% → 4.75%

| Oct 18, 2016

IF the Cd's our that high then way i'm i the last to find out what The apys are. Read More

Rate History: 2.50% → 2.51% → 2.01% → 2.00%

| Feb 6, 2023

after over 100k in transactions through this bank in the course of a year not only did i suffer from fraud but this bank closed my accounts and i have been lliable for all the losses and to top it off with... Read More

Rate History: 1.87% → 1.82% → 1.81% → 1.92% → 1.81%

Rate History: 3.00% → 2.00% → 1.50%

| Jan 2, 2023

Terrible customer service by investment side. Fees too high , too full of themselves Read More

| Feb 1, 2023

Absolutely most horrible experience in my life I opened a large CD when I was living in Dearborn and let the interest accrue for about 6 years I knew how much the interest rate was and how much was in the ... Read More

0.25%

$100,000

19.40

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| Oct 13, 2021

Good for savers. Easy to transfer funds in and out, not paying high transaction processing $ or being limited to low amounts per day. Does not subject applicants to very much ID interrogation and apparent... Read More

0.17%

$10,000

13.58

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0.15%

$10,000

19.40

Learn More

| Oct 13, 2021

Good for savers. Easy to transfer funds in and out, not paying high transaction processing $ or being limited to low amounts per day. Does not subject applicants to very much ID interrogation and apparent... Read More

| Jul 18, 2021

I have a neighbor whose mortgage is with ONB. I am licensed to practice law but I am not writing this review as a lawyer, but rather as a heads up if your spouse should happen to die while you owe any mone... Read More

0.10%

$10,000

21.61

Learn More

| Mar 28, 2023

On line banking gives a confirmation number when paying bills. But it doesn’t confirm that the bill will be paid only that they have the information. Ridiculous. Read More

All rates listed are Annual Percentage Yield (APY). The Min listed is the minimum deposit account balance required to obtain the rate listed.

Branches Info around Wyandotte, MI - July 16, 2025


Branch Street City State
Comerica Bank
5 Mile - Beck Branch
16081 Technology Northville Township MI
Wells Fargo Bank, National Association
Birmingham Trust Office Branch
34100 Woodward Avenue Birmingham MI
Independent Bank
Livonia Branch
37601 Five Mile Road Livonia MI
JPMorgan Chase Bank, National Association
West Eight Mile-Haggerty Branch
39820 West Eight Mile Road Northville MI
Dearborn Federal Savings Bank
27115 West Warren Branch
27115 West Warren Dearborn Heights MI
Bank of Ann Arbor
Plymouth Branch
1333 West Ann Arbor Road Plymouth MI
CIBC Bank USA
The Bank Of Grosse Pointe Branch
63 Kercheval Grosse Pointe Farms MI
Liberty Bank and Trust Company
9108 Woodward Avenue Branch
9108 Woodward Ave Detroit MI
Bank of Ann Arbor
Plymouth Branch
1333 West Ann Arbor Road Plymouth MI
CIBC Bank USA
The Bank Of Grosse Pointe Branch
63 Kercheval Grosse Pointe Farms MI
Old National Bank
Front Street Monroe Mi Branch
23 East Front Street, Suite 100 Monroe MI
First State Bank
First State Bank Branch
16100 9 Mile Road Eastpointe MI
Comerica Bank
5 Mile - Beck Branch
16081 Technology Northville Township MI
KeyBank National Association
Livonia Branch
37124 Six Mile Road Livonia MI


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PRODUCT INFORMATION

6 Month Branch Certificates of Deposit 2025

Six month certificates of deposit (CDs) provide depositors with a short term vehicle for keeping money safe and earning interest. With a six month CD, depositors agree to leave their money in the account for six months in return for a fixed rate of interest over this period. While it is possible to withdraw the money earlier (breaking the CD) doing so comes with high interest penalties and is generally not advised.

In general, almost all brick-and-mortar banks provide CDs to their consumers. Opening one involves taking a trip to the branch although some banks allow CDs to be opened via the phone or online. In general, local banks discourage depositors from out-of-state to open accounts, although this is not a hard rule and if you see an attractive rate from a bank in another state, it is worth investigating the account opening policy. Online banks generally offer better rates on six month CDs but the accounts must be opened online. View online bank rates.

The advantages of six month CDs opened via a traditional bank are:

  • Funds deposited in FDIC banks and within insurance limits are protected by the full faith and credit of the United States government.
  • CDs provide a predictable, set rate of return.
  • Depositors can walk into a local branch and open the CD and fund it that day. Question and inquiries can also be handles in-person.

The disadvantages of six month CDs are:

  • Six month CDs currently pay interest rates significantly below many online and branch-based savings and money market accounts.
  • The deposited money is committed for six months.
  • Six month CDs from traditional banks often pay less interest than from online banks.

When interest rates are falling, it is often preferable to lock in high rates for an extended period of time with a longer-term CD. When interest rates are rising, depositors should avoid committing their money for long periods of time. To see interest rate trends, visit the BestCashCow rate analysis page.

All banks listed on BestCashCow are FDIC insured; BestCashCow.com strongly recommends that you stay within FDIC insurance limits and that if you are unsure of how the limits affect you, please visit the FDIC website.

To understand all of the income generating options available to a saver, please view the Income Generating Investments Comparison Chart.

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