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Compare Bank Of Michigan CD Rates and Savings Accounts to MoneyAisle

  • About Bank Of Michigan:
    Headquartered in Farmington Hills, Bank Of Michigan is the 148th largest bank in the U.S. Bank Of Michigan is also the 8th largest bank in MI.
  • Bank Of Michigan (as of 3/31/2009) has 1 branch and employs 1,095 people full-time.
  • Bank Of Michigan was established on 1/10/2005.
  • The net operating income of Bank Of Michigan is -$15 Million. $5.7 Billion is the total assets Bank Of Michigan has.
  • Bank Of Michigan, however, is just one bank. If you're looking for the best CD Rates from an FDIC-insured institution, having many banks compete against each other is a quick and easy way to find great rates. Try it now: Compare Bank Of Michigan to our Live Auction CD rates.

Bank Of Michigan - Fast Facts

  • Bank Legal Name: Bank of Michigan
  • FDIC #: 57861
  • Headquarters: Farmington Hills, MI
  • Date Established: January 10, 2005

CAPITOL BANCORP LTD. - Financials

CAPITOL BANCORP LTD. is the holding company for Bank Of Michigan (FDIC #57861). Financials below apply to CAPITOL BANCORP LTD. holding company.

Q4-08 Q1-09 Change
Rank in US by Asset Size 148 148 0
Total Assets $4,663 M $5,696 M $1,033 M
Cash & Balances Due from Depository Institution $461 M $718 M $257 M
Total Deposits $3,757 M $4,730 M $973 M
Total Liabilities $4,158 M $5,125 M $968 M
Net Operating Income $16 M $15 M $1 M
Net Interest Income $153 M $42 M $111 M
Branches 1 1 0
Employees 1,015 1,095 80

Data from FDIC as of 12/31/2008 and 3/31/2009

Recent National Live Auction CD Rates
for March 20, 2010

Term National Avg APY* Overnight
Auction APY
High-Yield Savings Account Rates 0.20% 1.50%
3 Month CD Rates 0.29% 1.01%
9 Month CD Rates 0.69% 1.26%
1 Year CD Rates 0.69% 1.70%
2 Year CD Rates 1.16% 2.06%

More National CD Rates

Show me CD Rates offered to people from my state:

*Source: TheStreet.com

†Overnight Auction APY is a sample rate for a nightly auction for a $50,000 deposit.

* Annual Percentage Yield ("APY")