Banking Rates & News

Detroit Metro Area

Including Akron, Algonac, Allen Park, Almont, Ann Arbor, Applegate, Armada, Attica, Auburn Hills, Belleville, and 164 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

CIBC Agility Savings Raised To 2.32%
Was logged into my Agility Savings to see the new rate is now 2.32%! This is quickly becoming my favorite online hub bank, just wish they would drop the 250K
Michigan State Univ Fed Credit Union 7-Year Jumbo CD Is A Rate Leader
Deal Summary: 7-year Jumbo Certificate, 3.76% APY, $100k min deposit. 7-year Certificate, 3.50% APY, $2.5k min deposit. Availability: Easy membership requirement As DA reader, rockies, noted in a Forum post
Michigan State Univ. FCU Offers Up To 3.76% APY On 7 Year Regular/IRA CD's
DA classifies Michigan State University Federal Credit Union as Easy Membership. Rate appears to have been posted by the credit union last Saturday, August 20. Valid through 8/26/2022, according to
Sterling Bank 2.9% APY 18 Or 24 Month CD
Rate change today. 6 month 1.5% 12 month 1.9% 18 and 24 month 2.9% 36 month 1.2% 48 month 1.25% 60 month 1.4% Add 0.05% for Sterling Club membership (55+
Advia Credit Union (MI/IL/WI) Adds 22-Month Promo Rate CD
Deal Summary: 22-month Promo Rate CD, 3.00% APY, $500 minimum deposit. Availability: Residents of Michigan's Lower Peninsula, nine southern Wisconsin counties, and seven northeast Illinois counties. Michigan-based Advia Credit Union
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The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.