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Michigan CD Rates & Certificates of Deposit

The following Personal Deposit account rates are effective as of September 29, 2026.


Things you need to know:  All rates are quoted in Annual Percentage Yield (APY) and are applicable as of the effective date. Rates are subject to change without notice. Interest is paid on the full balance for the applicable tier.  The APY may change after the account is opened. Some accounts may require minimum deposits. Fees could reduce earnings on the accounts. 
 
Visit our personal checking and personal savings pages for terms and conditions.
 
182 Day CD
 

3.02% APY

9 Month CD
 

3.77% APY

12 month CD
 

3.96% APY

13 month CD
 

4.16% **APY

Compare Personal CD Rates

Explore Union Bank's current personal CD rates and available terms to find an option that fits your savings goals. For additional savings options, visit our personal savings page.
 
Click below to open your checking, savings or CD account quickly and securely.
 
Balance APY Minimum Opening Balance
Balance of $0 to $1,999.99 1.00% $5.00
Balance $2,000 to $4,999.99 1.51% $5.00
Balance $5,000 and over 2.02% $5.00
Balance APY Minimum Opening Balance
Balance of $0 to $24,999.99  1.00% $50.00
Balance $25,000 to $199,999.99  1.51% $50.00
Balance $200,000 to $999,999.99  2.02% $50.00
Balance $1,000,000 and over  2.53% $50.00
Balancing APY Minimum Opening Balance
Balance $0 to $249,999.99 1.51% $100.00
Balance $250,000 to $499,999.99 2.02% $100.00
Balance $500,000 to $999,999.99
 2.53% $100.00
Balance $1,000,000 and above 3.56% $100.00
 
Balance APY Minimum Opening Balance
Christmas Club Coupon Book 0.05 % $1.00
Christmas Club Electronic 0.10% $1.00
Balance APY Minimum Opening Balance
Balance $0 to $24,999.99  0.10% $50.00
Balance $25,000 to $199,999.99  0.15% $50.00
Balance $200,000 to $999,999.99  0.20% $50.00
Balance $1,000,000 and over  0.25% $50.00
  • Maximize your earnings in time frames that will meet your cash flow requirements.
  • Minimum opening deposit of $500.00 required. Maturity terms range from 91 days to 5 years.
  • Additional deposits not accepted during the term. The certificate may be increased at the time of maturity or renewal.
  • Interest rates determined by Union Bank. Your certificate will renew for the same term, at the interest rate in effect at the time of maturity, if you do not redeem it.
  • Interest earned may be added back to the certificate, paid by check or deposited in a checking or savings account.
  • There is a 10–day grace period after the maturity date in which withdrawals or deposits can be made. Withdrawals made after the 10th day will be assessed a penalty.
  • Certificates of Deposit opened online do not qualify for Class Act Club special interest rate increases. 
*NOTE: Penalty for early withdrawal on Certificates of Deposit. Minimum $500 deposit to open a new account.
 
Duration APY Minimum Opening Balance
91 Day 0.10% $500.00
182 Day 3.02% $500.00
9 Month 3.77% $500.00
12 Month 3.96% $500.00
13 Month** 4.16% $500.00
15 Month 1.00% $500.00
18 Month 1.00% $500.00
24 Month 1.00% $500.00
30 Month 1.00% $500.00
36 Month 1.00% $500.00
45 Month 1.00% $500.00
48 Month 1.00% $500.00
60 Month 1.25% $500.00
**Annual Percentage Yield (APY) accurate as of 9/29/2026. $500 minimum deposit required to open and earn APY. Fees may reduce earnings. A penalty may be imposed for early withdrawal. Interest is compounded and credited quarterly and again at maturity for any interest accrued since the most recent crediting date. At maturity, the 13-Month Special CD will automatically renew as Union Bank's standard 12-Month CD unless funds are withdrawn during the grace period. Promotional offer subject to change or discontinuation at any time without notice.