Credit union · NCUA insured
Breakwater Federal Credit Union Savings Rates
Top CarrotBreakwater Federal Credit Union’s best savings rate is 0.05% APY on $10,000, with its Savings. Rates checked October 16, 2026.
How Breakwater Federal Credit Union’s savings rates compare
Compared with banks and credit unions near Houghton, MI, where Breakwater Federal Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Breakwater Federal Credit Union
0.05%APY
- Requires
- None
- Minimum
- —
- Earns on $10,000 a year
- $5
Savings
Top rate
Flagstar Bank
4.00%APY
- Requires
- None
- Minimum
- $1
- Earns on $10,000 a year
- $400
2nd-highest rate
Huntington Bank
3.25%APY
- Requires
- Another account
- Minimum
- $100
- Earns on $10,000 a year
- $325
Breakwater Federal Credit Union savings score
61
Savings score
Higher than 3% of U.S. banks and credit unions
- $1,000 balance$1,0000.05%
- $10,000 balance$10,0000.05%
- $100,000 balance$100,0000.05%
- QualifiedQualified0.05%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Breakwater Federal Credit Union ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Savings
0.05%APY
Membership and a primary savings account are required in order to open any type of account or receive a loan from Breakwater. Side savings accounts also available. Accounts for all ages.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceVariable rate, subject to change without notice after account is opened.Any balance | 0.05% | $5 | Variable rate, subject to change without notice after account is opened. |
Special-purpose accounts
Health Savings Accounts (HSA)
0.05%APY
Must be covered under a high deductible health plan (HDHP), cannot be covered by another health plan (with limited exceptions), cannot be enrolled in Medicare, and cannot be eligible to be claimed as a dependent on another person's tax return.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceVariable rate, subject to change without notice after account is opened.Any balance | 0.05% | $5 | Variable rate, subject to change without notice after account is opened. |
Who can join Breakwater Federal Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Membership is open to anyone who lives, works, worships, attends school, or regularly conducts business in Houghton, Keweenaw, or Baraga County.
Cost to join
- $25 share deposit required for business accounts.
- $25 share deposit required for organization accounts.
- $25 share deposit required for Regular/Prestige personal accounts.
- $5 share deposit required for Youth Saver/Teen Saver personal accounts.
Membership information collected October 5, 2026.