Dearborn Village Community Credit Union has a special 12-month certificate with a yield of 10.47% APY. The maximum deposit is $1,000.
It doesn't seem to be listed on their website. A reader mentioned this, and I called for details. Even though the maximum deposit is only $1K, I was told it doesn't have any checking account requirements. Membership into the credit union requires a minimum $5 deposit into the share savings account. The service rep didn't know how long this would last, but it shouldn't change before the board meets on April 18th. This 10.47% APY will give you about an extra $50 over a 5.47% CD on a $1K deposit.
Field of membership includes those who live, work, worship or attend school in Dearborn and certain areas of Wayne County, Michigan in Southwest Detroit. See site for details.
The credit union is federally insured by the NCUA (Charter # 62237). It has $17.1 million in assets and 3,809 members. Thanks to the reader who mentioned finding this at bankingMyway.