Credit union · NCUA insured
Red Wing Credit Union Savings Rates
Red Wing Credit Union’s best savings rate is 1.51% APY on $10,000, with its Money Market Accounts. Rates checked October 16, 2026.
How Red Wing Credit Union’s savings rates compare
Compared with banks and credit unions near Red Wing, MN, where Red Wing Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Red Wing Credit Union
1.51%APY
- Requires
- None
- Minimum
- —
- Earns on $10,000 a year
- $151
Money Market Accounts
Top rate
Associated Bank
3.20%APY
- Requires
- Another account
- Minimum
- $1,000
- Earns on $10,000 a year
- $320
2nd-highest rate
Minnesota First
2.10%APY
- Requires
- None
- Minimum
- $5,000
- Earns on $10,000 a year
- $210
Red Wing Credit Union savings score
88
Savings score
Higher than 83% of U.S. banks and credit unions
- $1,000 balance$1,0000.40%
- $10,000 balance$10,0001.51%
- $100,000 balance$100,0002.22%
- QualifiedQualified1.51%
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 Red Wing Credit Union ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Money Market Accounts
1.51%APY
Membership in Red Wing Credit Union required (open to citizens who live, work, worship, attend school, or transact business in Goodhue County, MN, select employer groups, or family members). $25 deposit into Share Savings required for membership.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $2,500 – $24,999 | 1.51% | $151 |
| $25,000 – $49,999 | 1.76% | — |
| $50,000 – $99,999 | 2.07% | — |
| $100,000 – $249,999 | 2.22% | — |
| $250,000 and up | 2.52% | — |
Share Savings
0.40%APY
Represents ownership share in the credit union and entitles member to all member benefits. Minimum balance of $25 required to open/maintain membership. Open to those who live, work, worship, attend school, or transact business in Goodhue County, MN, or select employer groups/family.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.40% | $40 |
Special-purpose accounts
Club Account
0.40%APY
Special savings accounts including Christmas Club, Escrow, Vacation, or custom-named club accounts.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceEarns dividends on a daily basis, paid monthly.Any balance | 0.40% | $40 | Earns dividends on a daily basis, paid monthly. |
Sources (1)
- redwingcu.com/rwcu-savings · captured Oct 16, 2026
Variable IRA Club Accounts
0.40%APY
Individual Retirement Account (IRA) variable club savings account.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.40% | $40 |
Sources (1)
- redwingcu.com/rwcu-savings · captured Oct 16, 2026
Who can join Red Wing Credit Union
We don’t have this credit union’s membership requirements here yet. Confirm that you can join before applying.