Bank · FDIC insured
Mutual Federal Bank Savings Rates
Mutual Federal Bank’s best savings rate is 0.75% APY on $10,000, with its Personal Money Market. Rates checked October 16, 2026.
How Mutual Federal Bank’s savings rates compare
Compared with banks and credit unions near Chicago, IL-IN, where Mutual Federal Bank has the most branches. $10,000, best rate first.
This bank’s best
Mutual Federal Bank
0.75%APY
- Requires
- None
- Minimum
- $200
- Earns on $10,000 a year
- $75
Personal Money Market
Top rate
Justice Federal Credit Union
4.00%APY
- Requires
- Monthly account activity
- Minimum
- $0
- Earns on $10,000 a year
- $400
2nd-highest rate
United Trust Bank
3.90%APY
- Requires
- None
- Minimum
- $10,000
- Earns on $10,000 a year
- $390
Mutual Federal Bank savings score
82
Savings score
Higher than 58% of U.S. banks and credit unions
- $1,000 balance$1,0000.25%
- $10,000 balance$10,0000.75%
- $100,000 balance$100,0000.75%
- QualifiedQualified0.75%
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 Mutual Federal 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.
Personal Money Market
0.75%APY
Interest rate and APY may vary after the account is opened and fees may reduce earnings.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $200 – $2,500Interest paid monthly. | 0.25% | — | Interest paid monthly. |
| $2,500 and upInterest paid monthly. | 0.75% | $75 | Interest paid monthly. |
Sources (1)
- mutualfederalbank.com/Rates · captured Sep 17, 2026
Passbook Savings
0.25%APY
Passbook is your financial statement. Free online banking, free money orders and official checks included. Interest rate and APY may vary after the account is opened; fees may reduce earnings.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and upInterest paid quarterly. $1 monthly service fee waived with $100 daily balance.$100 and up | 0.25% | $25 | Interest paid quarterly. $1 monthly service fee waived with $100 daily balance. |
Sources (2)
All captured Sep 17, 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.