Bank · FDIC insured
Grand Rapids State Bank Savings Rates
Grand Rapids State Bank’s best savings rate is 0.08% APY on $10,000, with its Money Market. Rates checked October 16, 2026.
How Grand Rapids State Bank’s savings rates compare
Compared with banks and credit unions near Grand Rapids, MN, where Grand Rapids State Bank has the most branches. $10,000, best rate first.
This bank’s best
Grand Rapids State Bank
0.08%APY
- Requires
- None
- Minimum
- $5,000
- Earns on $10,000 a year
- $8
Money Market Plus
Top rate
Affinity Plus
3.50%APY
- Requires
- Monthly account activity
- Minimum
- —
- Earns on $10,000 a year
- $350
2nd-highest rate
U.S. Bank
2.00%APY
- Requires
- Another account
- Minimum
- $25
- Earns on $10,000 a year
- $200
Grand Rapids State Bank savings score
62
Savings score
Higher than 7% of U.S. banks and credit unions
- $1,000 balance$1,0000.03%
- $10,000 balance$10,0000.08%
- $100,000 balance$100,0000.10%
- QualifiedQualified0.08%
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 Grand Rapids State Bank 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.
Money Market Plus
0.08%APY
For personal accounts only. Indexed to National Money Market funds. Rate will convert to Regular Savings Rate if average daily balance falls below $5,000 any day of the month. $15 monthly maintenance fee charged if average daily balance drops below $5,000.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5,000 – $99,999Requires minimum average daily balance of $5,000 to qualify for rate and avoid $15 monthly maintenance fee. Rate reverts to Regular Savings Rate if average daily balance falls below minimum balance. | 0.08% | $8 | Requires minimum average daily balance of $5,000 to qualify for rate and avoid $15 monthly maintenance fee. Rate reverts to Regular Savings Rate if average daily balance falls below minimum balance. |
| $100,000 – $499,999Requires minimum average daily balance of $5,000 to avoid $15 monthly maintenance fee. | 0.10% | — | Requires minimum average daily balance of $5,000 to avoid $15 monthly maintenance fee. |
| $500,000 – $999,999Requires minimum average daily balance of $5,000 to avoid $15 monthly maintenance fee. | 0.12% | — | Requires minimum average daily balance of $5,000 to avoid $15 monthly maintenance fee. |
| $1,000,000 and upRequires minimum average daily balance of $5,000 to avoid $15 monthly maintenance fee. | 0.15% | — | Requires minimum average daily balance of $5,000 to avoid $15 monthly maintenance fee. |
Sources (2)
All captured Sep 18, 2026
Money Market
0.08%APY
Rate will convert to Regular Savings Rate if average daily balance falls below minimum balance any day of the month. $15 monthly maintenance fee charged if average daily balance drops below $2,500.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $2,500 and upMinimum average balance of $2,500 to qualify for rate and avoid $15 monthly maintenance fee. Rate reverts to regular savings rate if average daily balance falls below $2,500.$2,500 and up | 0.08% | $8 | Minimum average balance of $2,500 to qualify for rate and avoid $15 monthly maintenance fee. Rate reverts to regular savings rate if average daily balance falls below $2,500. |
Sources (2)
All captured Sep 18, 2026
Special-purpose accounts
Education Savings
4.59%APY
Deposits can be added at any time. Variable rate of 2.50% under prime (minimum 1.00%, maximum 5.00%). Monthly compounding. Withdrawals prior to the beneficiary reaching age 18 are subject to a penalty. Account must be changed or closed when the beneficiary attains age 21.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $500 and upMinimum balance to obtain APY is $500. Compounded monthly. Rate is 2.50% under prime (min 1.00%, max 5.00%).$500 and up | 4.59% | $459 | Minimum balance to obtain APY is $500. Compounded monthly. Rate is 2.50% under prime (min 1.00%, max 5.00%). |
Sources (3)
All captured Oct 5, 2026
Regular Savings
0.03%APY
Interest calculated daily and compounded/paid quarterly. For customers under 18 years of age, there are no minimum deposit or minimum average daily balance requirements.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and upA $3 maintenance fee is imposed every quarter if the minimum average daily balance is not maintained (waived for customers under 18). Minimum balance of $100 required to open account and avoid service fees.$100 and up | 0.03% | $3 | A $3 maintenance fee is imposed every quarter if the minimum average daily balance is not maintained (waived for customers under 18). Minimum balance of $100 required to open account and avoid service fees. |
Sources (3)
All captured Oct 5, 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.