Bank · FDIC insured
Municipal Bank Savings Rates
Municipal Bank’s best savings rate is 0.25% APY on $10,000, with its 24K Savings Account. Rates checked October 16, 2026.
How Municipal Bank’s savings rates compare
Compared with banks and credit unions near Kankakee, IL, where Municipal Bank has the most branches. $10,000, best rate first.
This bank’s best
Municipal Bank
0.25%APY
- Requires
- None
- Minimum
- $2,500
- Earns on $10,000 a year
- $25
24K Savings Account
Top rate
Peoples Bank of Kankakee County
2.60%APY
- Requires
- Monthly account activity
- Minimum
- $100
- Earns on $10,000 a year
- $260
2nd-highest rate
CommonWealth Credit Union
2.02%APY
- Requires
- Monthly account activity
- Minimum
- —
- Earns on $10,000 a year
- $202
Municipal Bank savings score
70
Savings score
Higher than 26% of U.S. banks and credit unions
- $1,000 balance$1,0000.03%
- $10,000 balance$10,0000.25%
- $100,000 balance$100,0000.50%
- QualifiedQualified0.25%
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 Municipal 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.
24K Savings Account
0.25%APY
All savings accounts subject to $50 early close fee if closed within first 6 months.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $2,500 – $25,000Monthly service charge waived with $2,500 daily minimum balance. | 0.25% | $25 | Monthly service charge waived with $2,500 daily minimum balance. |
| $25,000 – $75,000Monthly service charge waived with $2,500 daily minimum balance. | 0.40% | — | Monthly service charge waived with $2,500 daily minimum balance. |
| $75,000 – $150,000Monthly service charge waived with $2,500 daily minimum balance. | 0.50% | — | Monthly service charge waived with $2,500 daily minimum balance. |
| $150,000 and upMonthly service charge waived with $2,500 daily minimum balance. | 0.70% | — | Monthly service charge waived with $2,500 daily minimum balance. |
Statement Savings
0.03%APY
All savings accounts subject to $50 early close fee if closed within first 6 months.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $300 – $25,000Monthly service charge waived with $300 daily minimum balance. | 0.03% | $3 | Monthly service charge waived with $300 daily minimum balance. |
| $25,000 and upMonthly service charge waived with $300 daily minimum balance. | 0.04% | — | Monthly service charge waived with $300 daily minimum balance. |
Special-purpose accounts
Christmas Club Savings
0.03%APY
No early withdrawals. Additional deposit account relationship required. Interest compounds annually. All savings accounts subject to $50 early close fee if closed within first 6 months.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceNo Early Withdrawals. Additional deposit account relationship required. Interest on Christmas club accounts compounds annually.Any balance | 0.03% | $3 | No Early Withdrawals. Additional deposit account relationship required. Interest on Christmas club accounts compounds annually. |
Minor Statement Savings
0.03%APY
18 and under to qualify. Converts to Statement Savings at age 19. All savings accounts subject to $50 early close fee if closed within first 6 months.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceMonthly service charge waived with $25 daily minimum balance.Any balance | 0.03% | $3 | Monthly service charge waived with $25 daily minimum balance. |
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.