# Mercantile Bank CD rates

As of October 22, 2026, Mercantile Bank's highest tracked CD rate is 3.95% APY on a 6-month CD ($500 minimum). That is 2.8 times the FDIC national average for 6-month CDs (1.39%). Standard CD rates range from 0.50% to 3.95% APY.

Canonical page: https://apyledger.com/cd-rates/mercantile-bank
Institution: Mercantile Bank (FDIC 34598)
Aliases: 
Status: live
Last verified: 2026-10-22T14:30:53.000Z (October 22, 2026)
Official source: https://mercbank.com/personal-banking/cds/merc
Coverage: Published personal CD table, including standard terms and 11- and 25-month online CDs. Minimum opening deposit is $500. CDs renew automatically and early withdrawal penalties may apply. Confirm current opening eligibility and product availability with the bank.
Treasury comparison date: 2026-10-21. Premiums are percentage points versus the same-term APY-equivalent Treasury yield.

| Product | Kind | Term | Minimum deposit | APY | Quoted location | vs. Treasury | Verified (UTC) | Source snapshot |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Certificate of Deposit | standard | 1 month | $500 | 0.50% | Not ZIP-priced | −3.63% | 2026-10-22T14:30:53.000Z | [Snapshot 297](https://apyledger.com/snapshots/297) |
| Certificate of Deposit | standard | 3 months | $500 | 2.01% | Not ZIP-priced | −2.29% | 2026-10-22T14:30:53.000Z | [Snapshot 297](https://apyledger.com/snapshots/297) |
| Certificate of Deposit | standard | 6 months | $500 | 3.95% | Not ZIP-priced | −0.45% | 2026-10-22T14:30:53.000Z | [Snapshot 297](https://apyledger.com/snapshots/297) |
| Certificate of Deposit - Online | promotional | 11 months | $500 | 3.95% | Not ZIP-priced | −0.59% | 2026-10-22T14:30:53.000Z | [Snapshot 297](https://apyledger.com/snapshots/297) |
| Certificate of Deposit | standard | 12 months | $500 | 3.85% | Not ZIP-priced | −0.72% | 2026-10-22T14:30:53.000Z | [Snapshot 297](https://apyledger.com/snapshots/297) |
| Certificate of Deposit | standard | 18 months | $500 | 3.60% | Not ZIP-priced | −1.12% | 2026-10-22T14:30:53.000Z | [Snapshot 297](https://apyledger.com/snapshots/297) |
| Certificate of Deposit | standard | 24 months | $500 | 3.50% | Not ZIP-priced | −1.37% | 2026-10-22T14:30:53.000Z | [Snapshot 297](https://apyledger.com/snapshots/297) |
| Certificate of Deposit - Online | promotional | 25 months | $500 | 3.50% | Not ZIP-priced | −1.37% | 2026-10-22T14:30:53.000Z | [Snapshot 297](https://apyledger.com/snapshots/297) |
| Certificate of Deposit | standard | 36 months | $500 | 3.03% | Not ZIP-priced | −1.92% | 2026-10-22T14:30:53.000Z | [Snapshot 297](https://apyledger.com/snapshots/297) |
| Certificate of Deposit | standard | 48 months | $500 | 3.03% | Not ZIP-priced | −1.95% | 2026-10-22T14:30:53.000Z | [Snapshot 297](https://apyledger.com/snapshots/297) |
| Certificate of Deposit | standard | 60 months | $500 | 3.03% | Not ZIP-priced | −1.98% | 2026-10-22T14:30:53.000Z | [Snapshot 297](https://apyledger.com/snapshots/297) |

Rates and eligibility can change. ZIP-specific quotes must not be treated as statewide or nationwide offers. Confirm terms with the institution before opening an account. This is not financial advice.