Bank · FDIC insured
First Bank Elk River Savings Rates
First Bank Elk River’s best savings rate is 0.30% APY on $10,000, with its Money Market Savings. Rates checked October 16, 2026.
How First Bank Elk River’s savings rates compare
Compared with banks and credit unions near Minneapolis, MN-WI, where First Bank Elk River has the most branches. $10,000, best rate first.
This bank’s best
First Bank Elk River
0.30%APY
- Minimum
- $100
- Earns on $10,000 a year
- $30
Premium Money Market Savings
Top rate
VisionBank
3.76%APY
- Minimum
- $1,000
- Earns on $10,000 a year
- $376
2nd-highest rate
UMB Bank
3.71%APY
- Minimum
- —
- Earns on $10,000 a year
- $371
First Bank Elk River savings score
74
Savings score
Higher than 37% of U.S. banks and credit unions
- $1,000 balance$1,0000.30%
- $10,000 balance$10,0000.30%
- $100,000 balance$100,0000.60%
- QualifiedQualified0.30%
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 First Bank Elk River ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Premium Money Market Savings
0.30%APY
Variable rate account subject to change after account is opened. Service fees could reduce earnings.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $25,000 | 0.30% | $30 |
| $25,000 – $50,000 | 0.40% | — |
| $50,000 – $100,000 | 0.50% | — |
| $100,000 – $250,000 | 0.60% | — |
| $250,000 and up | 0.70% | — |
Sources (1)
- elkriver.bank/rates/savings-accounts · captured Sep 18, 2026
Money Market Savings
0.30%APY
Variable rate account subject to change after account is opened. Service fees could reduce earnings.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $1,000 | 0.10% | — |
| $1,000 – $5,000 | 0.20% | — |
| $5,000 – $25,000 | 0.30% | $30 |
| $25,000 and up | 0.40% | — |
Sources (1)
- elkriver.bank/rates/savings-accounts · captured Sep 18, 2026
Traditional Savings
0.10%APY
Avoid $4 monthly fee by keeping minimum balance of at least $200.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Over $0Avoid $4 monthly fee by keeping minimum balance of at least $200.Over $0 | 0.10% | $10 | Avoid $4 monthly fee by keeping minimum balance of at least $200. |
Sources (2)
All captured Sep 18, 2026
Special-purpose accounts
First Dollar Savings
0.10%APY
No minimum balance and no monthly fees apply until young people reach their 18th birthday.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Over $0No minimum balance and no monthly fees apply until young people reach their 18th birthday.Over $0 | 0.10% | $10 | No minimum balance and no monthly fees apply until young people reach their 18th birthday. |
Sources (2)
All captured Sep 18, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.