Today’s Rates – Traverse City

Time Certificate of Deposit**

CD Term Interest RateAPY*
6 Month4.45%4.52%
12 Month4.19%4.26%
18 Month4.145%4.21%
24 Month4.22%4.29%
36 Month3.84%3.90%
48 Month3.80%3.85%
60 Month3.78%3.83%
72 Month3.71%3.76%
84 Month3.71%3.76%
96 Month3.71%3.76%
108 Month3.71%3.76%
120 Month3.71%3.76%

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Money Market Checking

HomeTowne
Money Market
Checking Term		Interest RateAPY*
Less than $49,9991.59%1.60%
$50,000 to $99,9991.88%1.90%
$100,000 to $249,9992.47%2.50%
$250,000 to $999,9992.67%2.70%
Over $1,000,0002.75%2.78%

Savings

Statement SavingsInterest RateAPY*
Statement Savings.25%.25%

*Interest rates and Annual Percentage Yields (APY) are accurate as of 11/08/2024 and are subject to change without notice. Fees could reduce earnings on the account. A withdrawal will reduce earnings. 

**$1,000 minimum balance to obtain the APY. The same CD rates are also available on Roth and Traditional IRA CD’s for terms from 12 months through 60 months. The APY on all certificates assumes that principal and interest will remain on deposit until maturity. A penalty may be imposed for early withdrawal. For deposits over $1 million dollars please call for rates.

HomeTowne Money Market Checking: $1,000 minimum balance to open an account. The interest rate may vary after the account is opened. Not available for businesses.

Statement Savings: Minimum opening deposit of $100. The interest rate may vary after the account is opened.