Bank · FDIC insured
Honor Bank Savings Rates
Honor Bank’s best savings rate is 2.40% APY on $10,000, with its Bayfront Money Market. Rates checked October 16, 2026.
How Honor Bank’s savings rates compare
Compared with banks and credit unions near Traverse City, MI, where Honor Bank has the most branches. $10,000, best rate first.
This bank’s best
Honor Bank
2.40%APY
- Minimum
- $5,000
- Earns on $10,000 a year
- $240
Bayfront Money Market
Top rate
First National Bank of America
4.20%APY
- Minimum
- $1,000
- Earns on $10,000 a year
- $420
2nd-highest rate
Credit Union ONE
3.30%APY
- Minimum
- $1,000
- Earns on $10,000 a year
- $330
Honor Bank savings score
89
Savings score
Higher than 86% of U.S. banks and credit unions
- $10,000 balance$10,0002.40%
- $100,000 balance$100,0002.80%
- QualifiedQualified2.40%
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 Honor 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.
Bayfront Money Market
2.40%APY
$5,000 minimum to open – business or personal new money. $25.00 monthly maintenance fee if balance falls below $5,000 at any point during statement period. Free eStatements, eNotices, Online Banking & Bill Pay and Mobile Banking. $4 monthly paper statement fee waived with enrollment in e-Statements. Limits certain types of withdrawals/transfers to 6 per cycle; $10 fee for each item over first 6 transactions.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $10,000Funded with new money. $25 monthly maintenance fee if balance falls below $5,000 during statement period. | 0.30% | — | Funded with new money. $25 monthly maintenance fee if balance falls below $5,000 during statement period. |
| $10,000 – $100,000Funded with new money. $25 monthly maintenance fee if balance falls below $5,000 during statement period. | 2.40% | $240 | Funded with new money. $25 monthly maintenance fee if balance falls below $5,000 during statement period. |
| $100,000 – $250,000Funded with new money. $25 monthly maintenance fee if balance falls below $5,000 during statement period. | 2.80% | — | Funded with new money. $25 monthly maintenance fee if balance falls below $5,000 during statement period. |
| $250,000 – $1,000,000Funded with new money. $25 monthly maintenance fee if balance falls below $5,000 during statement period. | 3.05% | — | Funded with new money. $25 monthly maintenance fee if balance falls below $5,000 during statement period. |
| $1,000,000 and upFunded with new money. $25 monthly maintenance fee if balance falls below $5,000 during statement period. | 3.30% | — | Funded with new money. $25 monthly maintenance fee if balance falls below $5,000 during statement period. |
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.