Banking Rates & News

Detroit Metro Area

Including Detroit, Ann Arbor, Sterling Heights, Troy, Warren, Dearborn, Livonia, Southfield, Clinton Township, Shelby Township, and 169 other towns.

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Banking in the Detroit Area

For residents of Detroit and the surrounding suburbs, there are many banks that can help you reach your financial goals. Whether you are looking to purchase your first home or to open a college savings account for your newborn child, the financial institutions in the Detroit area will help you seamlessly realize your vision for the future.

There currently are approximately 35 banks and 105 credit unions that have established their headquarters in the Detroit area. Some of the prominent institutions include Genisys Credit Union, Flagstar Direct, DFCU Financial, Lake Trust Credit Union, and Talmer Bank and Trust. In the Detroit area, nearly 1,900 branches from over 65 banks and 135 credit unions do business daily. The oldest active institution in the area Comerica Bank, which was established in 1849 as the Detroit Savings Fund Institute.

In addition to its banking institutions, Detroit offers a variety of attractions for its residents. Art and cultural institutions include the Detroit Institute of Art (DIA) and Motown Record Museum. Several professional sports teams have franchises in the Detroit area, including the Detroit Tigers (Major League Baseball), the Detroit Pistons (National Basketball Association), the Detroit Lions (National Football League), as well as the Detroit Red Wings (National Hockey League).

Originally founded by the French explorer Antoine de la Mothe Cadillac in 1701, the city became the center of the expanding automobile industry in the United States during the early-to-mid 20th century. Today, the city is experiencing a renaissance as it develop new industries to build upon its automotive heritage.

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Local Deals & News

Community Financial CU (MI) Ups 13-Month CD Special (2.10% APY)
Deal Summary: 13-month Share Certificate Special, 2.10% APY, $1k minimum deposit Availability: Residents of Michigan In November, Community Financial Credit Union (CFCU) added a 13-month Share Certificate Special (1.85% APY).
Community Financial CU (MI) Adds 13-Month CD Special
Deal Summary: 13-month Share Certificate Special, 1.85% APY, $1k minimum deposit Availability: Residents of Michigan Community Financial Credit Union (CFCU) has added a 13-month Share Certificate Special offering an impressive
12-Month CD And MMA Special In South Florida - Beal Bank USA
Ad in Sunday’s Sun Sentinel: 1.70% APY 12-month CD $1,000 minimum balance 1.40% APY Money Market Account through March 31, 2018 $25,000 minimum balance Both products are available only at
Crestmark Bank Leads With 12-month CD
Deal Summary: 12-month CD, 1.80% APY, $25k minimum deposit. Availability: Nationwide It’s been less than a week since I wrote about Crestmark Bank's (Crestmark) competitive 6-month CD (1.62% APY) and
Crestmark Bank Offers Top-Rate Nationally Available Short-Term CDs
Deal Summary: 6-month CD (1.62% APY), 9-month CD (1.65% APY), $25k minimum deposit. Availability: Nationwide In July, Michigan-based Crestmark Bank (Crestmark) offered several competitive CDs, with the shorter-term CDs the
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