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* 1.24% 1.25%
18 Month 1.49% 1.50%
30 Month 1.98% 2.00%
36 Month Raise-Your-Rate** 1.98% 2.00%
48 Month Raise-Your-Rate** 2.47% 2.50%
60 Month Raise-Your-Rate** 2.72% 2.75%
APY = Annual Percentage Yield. Rates effective as of July 21, 2010. $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 A penalty may be imposed if funds are withdrawn early.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)
12 Month 1.24% 1.25%
18 Month 1.49% 1.50%
30 Month 1.98% 2.00%
36 Month Raise-Your-Rate* 1.98% 2.00%
48 Month Raise-Your-Rate* 2.47% 2.50%
60 Month Raise-Your-Rate* 2.72% 2.75%
APY = Annual Percentage Yield. Rates effective as of July 21, 2010. $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 A penalty may be imposed if funds are withdrawn early.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 $10,0000.10%0.10%
$10,000 to $24,9990.12%0.12%
$25,000 and Over0.15%0.15%
APY = Annual Percentage Yield. Rates effective as of July 21, 2010. Fees may reduce earnings on the account. Rates subject to change.

MI Savings Account
Deposit Amount Interest Rate Annual %
Yield (APY)
Less than $5,0000.20%0.20%
$5,000 to $9,9990.25%0.25%
$10,000 to $24,9990.30%0.30%
$25,000 to $49,9990.35%0.35%
$50,000 to $99,9990.25%0.25%
$100,000 and over0.25%0.25%
APY = Annual Percentage Yield. Rates effective as of July 21, 2010. Fees may reduce earnings on the account. Rates subject to change.

Money Market
Deposit Amount Interest Rate Annual %
Yield (APY)
Less than $10,0000.10%0.10%
$10,000 to $24,9990.20%0.20%
$25,000 to $49,9990.25%0.25%
$50,000 to $99,9990.30%0.30%
$100,000 and over0.40%0.40%
APY = Annual Percentage Yield. Rates effective as of July 21, 2010. 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 $49,9990.25%0.25%
$50,000 to $99,9990.40%0.40%
$100,000 and over0.50%0.50%
APY = Annual Percentage Yield. Rates effective as of July 21, 2010. $35,000 minimum deposit required. Fees may reduce earnings on the account. Rates subject to change.