Fortune: The best CD rates for Michigan in December 2023

From Fortune:



The article discusses the benefits of certificates of deposit (CDs) and share certificates, highlighting their low-risk and attractive returns for investors. The collaboration with Curinos has allowed for the analysis of over 20,000 data points from banks and credit unions in Michigan to determine the best CDs in the state that offer competitive annual percentage yields (APYs).

Additionally, the article identifies the best 6-month, 1-year, and 5-year CDs in Michigan, providing information on how to qualify for these rates and the advantages of each term. It also explains important factors to consider when choosing a CD, such as term length, APY, minimum deposit requirements, and early withdrawal penalties.

The article serves as a guide for investors who are looking to maximize their returns with low-risk investment options in Michigan, offering insights into the best CDs available and how to make an informed decision when choosing one.



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