CD Specials

Like anything worth waiting for, a Mercantile Bank Certificate of Deposit can help you earn a higher rate over time. Maximize your savings with one of our CD specials.

CD Specials*

  • Available to consumer accounts only.
  • Special rate does not apply to CDs in auto-renewal.
  • $500 minimum opening deposit requirement
Term Interest Rate Annual Percentage Yield
11 Month 2.72% 2.75%
25 Month 2.97% 3.00%

Flex Certificate of Deposit*

The Flex CD allows you a one-time "flex" in the interest rate you earn. If the interest rates rise during the term, simply stop in or give us a call and we'll lock you in at the new rate for the reminder of the term.

  • Available to consumer accounts only.
  • Not available for HSAs.
  • $500 minimum opening balance requirement
Term Interest Rate Annual Percentage Yield
28 Month 2.48% 2.50%

*Rates as of January 14, 2019. Penalty for early withdrawal, fees could reduce earnings on account.