Banking Rates & News

Detroit Metro Area

Including Akron, Algonac, Allen Park, Almont, Ann Arbor, Applegate, Armada, Attica, Auburn Hills, Belleville, and 168 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

ELGA Credit Union (MI) Now Offers Kasasa Products Statewide
Deal Summary: Kasasa Cash, 3.04% APY, up to $15k; Kasasa Saver, 0.55% APY, up to $250k. Availability: Michigan In the last year, ELGA Credit Union (ELGA) raised the rate on
Michigan State Univ Federal Credit Union Boosts Long-Term CD Rates
Deal Summary: Jumbo CDs – 4-year (1.17% APY) and 5-year (1.37% APY), $100k minimum deposit. Availability: Easy membership requirement In the first two weeks of March, Michigan State University Federal
Lake Michigan Credit Union’s Unique Max Checking and Savings Accounts
Deal Summary: Max Checking, 3.00% APY on qualifying balances up to $15k. Max Savings, 0.80% APY ($250k+), 0.60% APY ($100k+), 0.25% APY ($100+). Availability: Easy membership requirement If you have
Chief Financial Credit Union Kasasa Cash Has High Rate On Small Balances
Deal Summary: Kasasa Cash, 5.00% APY on qualifying balances up to $5k. Kasasa Savings, 1.00% APY on qualifying balances up to $50k. Availability: Greater Detroit metropolitan area. While the $5k
Rate Drop To .52% APY
CIBC Agility dropped it's rate from .62% to .52%.
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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.