Deposit Rates

Chemical Bank offers competitive rates on a variety of products designed to fit your needs. From CDs, to IRAs, to checking and Savings products, Chemical Bank has a product that is right for you.

For your convenience, we have provided a sampling our current rates on this page. For more detailed information, please visit your local office, or call our Customer Support Center at (800) 867-9757.

Certificates of Deposit
Time Period Interest Rate Annual %
Yield (APY)
12 Month Add-On* 0.50% 0.50%
15 Month 0.50% 0.50%
18 Month 0.60% 0.60%
24 Month 0.65% 0.65%
25 Month 0.65% 0.65%
30 Month 0.75% 0.75%
36 Month Raise-Your-Rate** 1.00% 1.00%
48 Month Raise-Your-Rate** 1.24% 1.25%
60 Month Raise-Your-Rate** 1.49% 1.50%
APY = Annual Percentage Yield. Rates effective as of $100 minimum deposit required. Fees may reduce earnings on the account. A penalty may be imposed if funds are withdrawn early. Rates subject to change.
*Additional deposits of at least $100 allowed until maturity date.
**Raise-Your-Rate option available once during the initial term.

Individual Retirement Account
Time Period Interest Rate Annual %
Yield (APY)
6 Month - Variable 0.30% 0.30%
9 Month 0.40% 0.40%
12 Month 0.50% 0.50%
15 Month 0.50% 0.50%
18 Month 0.60% 0.60%
24 Month 0.65% 0.65%
25 Month 0.65% 0.65%
30 Month 0.75% 0.75%
36 Month Raise-Your-Rate* 1.00% 1.00%
48 Month Raise-Your-Rate* 1.24% 1.25%
60 Month Raise-Your-Rate* 1.49% 1.50%
APY = Annual Percentage Yield. Rates effective as of $100 minimum deposit required. Fees may reduce earnings on the account. A penalty may be imposed if funds are withdrawn early. Rates subject to change.
*Raise-Your-Rate option available once during the initial term.

Advantage Checking
Deposit Amount Interest Rate Annual %
Yield (APY)
Less than $10,0000.05%0.05%
$10,000 to $24,9990.05%0.05%
$25,000 and Over0.05%0.05%
APY = Annual Percentage Yield. Rates effective as of Fees may reduce earnings on the account. Rates subject to change.

MI Savings Account
Deposit Amount Interest Rate Annual %
Yield (APY)
Less than $5,0000.05%0.05%
$5,000 to $9,9990.05%0.05%
$10,000 to $24,9990.10%0.10%
$25,000 to $49,9990.10%0.10%
$50,000 to $99,9990.05%0.05%
$100,000 and over0.05%0.05%
APY = Annual Percentage Yield. Rates effective as of Fees may reduce earnings on the account. Rates subject to change.

Money Market
Deposit Amount Interest Rate Annual %
Yield (APY)
Less than $10,0000.05%0.05%
$10,000 to $24,9990.05%0.05%
$25,000 to $49,9990.10%0.10%
$50,000 to $99,9990.10%0.10%
$100,000 and over0.15%0.15%
APY = Annual Percentage Yield. Rates effective as of Fees may reduce earnings on the account. Rates subject to change.

Premier Money Market
Deposit Amount Interest Rate Annual %
Yield (APY)
Less than $10,0000.00%0.00%
$10,000 to $49,9990.05%0.05%
$50,000 to $99,9990.10%0.10%
$100,000 and over0.15%0.15%
APY = Annual Percentage Yield. Rates effective as of $35,000 minimum deposit required. Fees may reduce earnings on the account. Rates subject to change.