1 CDChecked Oct 10, 2026Updated
Mercantile Bank CD rates
3.24%APY for 28 months, its best · as of Oct 10, 2026
- 28 months
- 3.24%Flex Certificate of Deposit
Visit MercantilePlaces are among the CDs we track for that term, on $10,000. IRA CDs aren’t counted in the best rates.
Flex Certificate of Deposit
| Term | APY | On our list |
|---|---|---|
| 28 months | 3.24% | – |
Source: the bank’s page · checked Oct 10, 2026
- Minimum to open
- $500Source · checked Oct 10, 2026
- Early withdrawal penalty
- Subject to early withdrawal penalty when principal is withdrawn prior to maturity. Fees could reduce earnings on the account.Source · checked Oct 10, 2026
- Interest compounds
- Interest is calculated on the daily balance and credited and compounded to the account quarterly.Source · checked Oct 10, 2026
CD rates change often; the bank’s own page is the final word. We have fewer than three of this bank’s terms on record. Best CD rates by term · CD calculator · Report a mistake