Its best CD
3.24%
APY for 28 months, as of Nov 1, 2026
1 CD
Mercantile Bank CD rates
Every CD we track from Mercantile Bank, by term, with each term’s place among the CDs we track and its terms of business.
At each term
Its best rates
- 28 months3.24%Not ranked
Places are among the CDs we track for that term, on $10,000. IRA CDs aren’t counted in the best rates.
Every CD
By term
Flex Certificate of Deposit
28 months3.24%—
- Minimum to open
- $500mercbank.com, checked Nov 1, 2026
- Early withdrawal penalty
- Subject to early withdrawal penalty when principal is withdrawn prior to maturity. Fees could reduce earnings on the account.mercbank.com, checked Nov 1, 2026
- Interest compounds
- Interest is calculated on the daily balance and credited and compounded to the account quarterly.mercbank.com, checked Nov 1, 2026
The bank’s page · checked Nov 1, 2026. A dash: a term we don’t rank.
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