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Rates effective October 1, 2026. APY = Annual Percentage Yield. Accounts are available to Michigan residents. Deposit accounts are insured up to $250,000 per depositor, for each account ownership category. Retirement accounts are insured separately up to $250,000. See your account agreement for more information.
Contact your local Honor Banker today to open a new account.
| Certificates of Deposit1 – $1,000 minimum to open | APY |
| 3 Month CD | 3.50% APY |
| 6 Month CD | 3.75% APY |
| 11 Month CD Special | 4.25% APY |
| Next Step Savings2 – Maturing Honor Bank CD funds only | 3.60% APY |
| Bayfront Money Market3 – $5,000 minimum · 51% new money | APY |
| TIER | |
| $0-$24,999.99 | 0.30% APY |
| $25,000-$99,999.99 | 2.40% APY |
| $100,000-$249,999.99 | 2.80% APY |
| $250,000-$999,999.99 | 3.05% APY |
| $1,000,000 and over | 3.30% APY |
| Little Traverse Savings4 – $5,000 minimum · New money only | APY |
| TIER | |
| $0-$9,999.99 | 0.30% APY |
| $10,000-$99,999.99 | 2.50% APY |
| $100,000-$249,999.99 | 3.50% APY |
| $250,000-$999,999.99 | 3.75% APY |
| $1,000,000 and over | 4.00% APY |
Certificates of Deposit
1 The interest rate and APY are fixed for the term of the certificate. Limited to $250,000 per household. $1,000 minimum opening deposit; a $1,000 minimum balance is required to obtain the stated APY. Interest and is paid at maturity. The 11-month CD renews as a 12-month CD at the 12-month rate in effect on the maturity date; that rate is available on request or at any branch. A penalty may be imposed for early withdrawal. Fees could reduce the earnings on the account.
Next Step Savings
2 Rates are variable and subject to change at any time without notice. May be funded with maturing Honor Bank CD funds only. $100 minimum opening deposit; a $100 minimum balance is required to obtain the stated APY. A $100 minimum balance is required to avoid a $5.00 monthly maintenance fee. A $4.00 monthly paper statement fee applies and is waived with enrollment in eStatements. Fees could reduce the earnings on the account.
Bayfront Money Market
3 Rates are variable and subject to change at any time without notice. New accounts must be funded with at least 51% new money. $5,000 minimum opening deposit. To obtain the APY for a balance tier, the account must maintain the minimum balance for that tier; the tier rate applies to the entire account balance. A $5,000 minimum balance is required to avoid a $25.00 monthly maintenance fee. A $4.00 monthly paper statement fee applies and is waived with enrollment in eStatements. Other limits may apply to your account. Fees could reduce the earnings on the account.
Little Traverse Savings
4 Rates are variable and subject to change at any time without notice. New money only — new accounts may not be funded with existing Honor Bank funds. $5,000 minimum opening deposit. To obtain the APY for a balance tier, the account must maintain the minimum balance for that tier; the tier rate applies to the entire account balance. A $100 minimum balance is required to avoid a $5.00 monthly maintenance fee. Fees could reduce the earnings on the account.