Compare Bank & Credit Union Rates
Best savings rates in Illinois
Compare published savings yields, money market accounts included, with minimums, requirements, collection dates and original sources.
Top savings rates
Showing 16–30 results in Illinois
- UMB BankUMB Retail Money MarketUMB Retail Money Market · $0 min · 0.10%–3.71% by balance
Bank · 7 branches
3.71%APY$371 a year on $10,000Requirements
Product: Interest rates and annual percentage yields (APYs) listed are for accounts opened online. Interest paid on tiered balances; debit card access; monthly service fee waiver option.
Offer: Tier I
0.10% interest rate · Effective Sep 17, 2026
Rate by balance
Rate by balance for UMB Retail Money Market Balance APY Up to $10,000 0.10% $10,000 – $25,000Your amountTier II 3.71% $25,000 – $50,000Tier III 3.71% $50,000 – $75,000Tier IV 3.71% $75,000 – $100,000Tier V 3.71% $100,000 – $1,000,000Tier VI 3.71% $1,000,000 and upTier VII 3.71% Rate checked
More details - 3.60%APY$360 a year on $10,000intro rate
Requirements
Product: Promotion is for new customers to Grand Ridge National Bank who deposit new money (money not previously held by any Grand Ridge National Bank location). Variable rate; subject to change. Limited time offer.
Offer: Requires new money deposited by new customers. Minimum balance to open and earn stated APY is $5,000 (daily balances above $5,000). Variable rate; subject to change. Limited time offer. Service charge fee of $5 for each debit transaction in excess of three per statement cycle. $15 service charge if closed within 6 months.
Promotional rate
Rate checked
More details - 3.55%APY$355 a year on $10,000with conditions
Requirements
Product: Open through eBranch. Available to individual members (Business Accounts are not eligible). No minimum deposit or balance required. No monthly fee. Funds can be transferred to/from Power Checking (transfers to other accounts not permissible). Funds may not be used for overdraft protection. Accounts closed before end of month forgo interest. Member Service-assisted transactions incur a fee.
Offer: Four-Star Award: Meet requirements for preceding level (maintain Power Checking Account, use VISA Debit Card for at least 4 purchases/month, sign up for eDocs) and make at least 3 bill payments per month using ePay Bill Pay. Also gets ePay for free.
Qualified rate · 3.50% interest rate · No monthly fee · Effective Apr 15, 2026
Rate checked
More details - 3.50%APY$350 a year on $10,000with conditions
Requirements
Product: Open a free Kasasa Cash checking account to be eligible. Kasasa Cash interest and ATM fee refunds automatically swept into Kasasa Saver. No minimum balance to earn rewards. Limited to 6 preauthorized/automatic transfers per statement cycle. Rate may change without notice.
Offer: When Kasasa Cash qualifications are not met, paid on the entire balance.
Qualified rate · 0.02% interest rate · Effective Sep 19, 2025
Rate by balance
Rate by balance for Kasasa Saver Balance APY Any balance 0.02% Up to $100,000Your amountWhen monthly Kasasa Cash qualifications are met (Tier 1). 3.50% Rate checked
More details - 3.45%APY$345 a year on $10,000with conditions
Requirements
Product: Requires an active INB checking account. Variable APY as of 10/16/2026.
Offer: Tier 1 bonus rate requires an active INB checking account with at least one direct deposit of payroll, Social Security, retirement, or disability income per statement cycle.
Qualified rate · No monthly fee · Effective Oct 16, 2026
Rate checked
More details - 3.38%APY$338 a year on $10,000
Requirements
Product: Rate tied to daily Effective Federal Funds Rate in effect at account opening less .50%. $5 Membership Share account required. Extended NCUA insurance coverage up to $15 million provided through partner credit unions.
Offer: The rate is tied to the daily Effective Federal Funds Rate in effect at account opening less .50%. $5 Membership Share account required.
Balance cap $15,000,000 · Effective Aug 12, 2026
Rate checked
More details - 3.30%APY$330 a year on $10,000intro rate
Requirements
Product: Accepting new funds only. Rate to be paid at end of Quarter 9-30-2026. MUST indicate you want to deposit into Preferred Shares. Dates Dividends Accrue: Date of deposit to end of calendar quarter. WITHDRAWAL NOTICE from Member to Credit Union: 30 Days before end of quarter. Withdrawals: Entire Account Balance permitted after end of term with 30 days notice. Renewal: Automatic renewal for next quarter unless withdrawn during grace period. Grace period is 10 days after end of Quarter.
Offer: Current Term Rate: 3.25% to be paid at end of Quarter 9-30-2026. Accepting new funds only.
Promotional rate · 3.25% interest rate
Rate checked
More details - Empeople Credit UnionHigh-Yield Savings AccountSavings · $0 min · 0.15%–3.25% by balance
Credit union · 4 branches
3.25%APY$325 a year on $10,000with conditionsRequirements
Product: No minimum deposit or daily balance requirement. All-In Member Pricing (Level 2) requires 21+ debit or credit card transactions per month and minimum $1,500 in direct/mobile deposits into a qualifying account within the last 31 days.
Offer: Level 1 base tier.
Qualified rate · 0.15% interest rate · No monthly fee
Rate by balance
Rate by balance for High-Yield Savings Account Balance APY Up to $5,000 0.15% $5,000 and upYour amountLevel 2: All-In Member Pricing (requires 21+ debit or credit card transactions/month and >=$1,500 in direct/mobile deposits within last 31 days). 3.25% Rate checked
More details - Huntington BankHuntington Relationship SavingsSavings · $100 min · 0.06%–3.25% by balance
Bank · 126 branches
3.25%APY$325 a year on $10,000with conditionsRequirements
Product: Monthly maintenance fee of $10 waived with an average daily balance of $2,500 or when you also own a Huntington personal checking account. Minimum opening deposit is $100. Higher relationship rates available when linked with qualifying checking accounts. Rates are specific to ZIP code 43215.
Offer: Promotional Rate with open Private Client Account; requires new money to Huntington. Rate applies to ZIP code 43215.
Qualified rate · 0.06% interest rate · $10 monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for Huntington Relationship Savings Balance APY Up to $5,000 0.06% $5,000 – $2,000,001Your amountPromotional Rate with open Huntington Perks Checking account; 3.25% $2,000,001 – $100,000,000,000Bank reserves the right to limit acceptance of deposits greater than $2,000,000.00. 0.06% Rate checked
More details - 3.25%APY$325 a year on $10,000with conditions
Requirements
Product: To qualify for the MaxYield rate and perks, members must maintain a CoVantage checking account and membership savings account in good standing, receive at least one qualifying direct deposit (or deposit $1,000+ via check) per 34-day qualification cycle (members age 12-22 exempt), and complete at least 4 debit or credit card purchase transactions per qualification cycle. Rate applies to the primary membership share savings account balance.
Offer: $10.00 Minimum. Dividend computed on daily balance and credited to account monthly. Subject to meeting MaxYield monthly qualification requirements.
Qualified rate · 3.20% interest rate · No monthly fee · Effective Oct 5, 2026
Rate checked
More details - International Bank of ChicagoMoney Market AccountMoney Market Account · $2,500 min · 2.20%–4.00% by balance
Bank · 5 branches
3.20%APY$320 a year on $10,000intro rateRequirements
Product: Opening balance $2,500. Monthly maintenance fee $15, waived with $2,500 minimum balance.
Offer: Monthly maintenance fee $15 waived with $2,500 minimum balance. Interest credited monthly.
Promotional rate · 2.18% interest rate · $15 monthly fee · Effective Sep 21, 2026
Rate by balance
Rate by balance for Money Market Account Balance APY $2,500 – $10,000 2.20% $10,000 – $99,999Your amountPromotional rate for customers opening new accounts at branches in Illinois. No interest earned and a fee of $15.00 imposed if balance falls below $2,500. 3.20% $100,000 – $249,999Promotional rate for customers opening new accounts at branches in Illinois. No interest earned and a fee of $15.00 imposed if balance falls below $2,500. 3.70% $250,000 and upPromotional rate for customers opening new accounts at branches in Illinois. Rate guaranteed through 06/30/2027. No interest earned and a fee of $15.00 imposed if balance falls below $2,500. 4.00% Rate checked
More details - Associated BankAssociated Select Money MarketAssociated Select Money Market · $1,000 min
Bank · 28 branches
3.20%APY$320 a year on $10,000with conditionsRequirements
Product: Features tiered interest rates and enhanced rate tiers when combined with qualifying Associated Choice Checking relationship tiers (Platinum Choice, Emerald Choice, Emerald Private Choice). Monthly maintenance fee of $16 is waived with a minimum daily balance of $1,000.
Offer: Emerald Private Choice enhanced rate tier. Requires meeting and maintaining Emerald Private Choice benefit tier qualifications on an Associated Choice Checking account. $16 monthly maintenance fee waived with a minimum daily balance of $1,000.
Qualified rate · 3.15% interest rate · $16 monthly fee · Effective Oct 5, 2026
Rate checked
More details - Huntington BankHuntington Relationship SavingsSavings · $100 min · 0.02%–3.15% by balance
Bank · 126 branches
3.15%APY$315 a year on $10,000with conditionsRequirements
Product: Monthly maintenance fee of $10 waived with an average daily balance of $2,500 or when you also own a Huntington personal checking account. Minimum opening deposit is $100. Higher relationship rates available when linked with qualifying checking accounts. Rates are specific to ZIP code 43215.
Offer: Promotional Rate with open Huntington Perks Checking account; requires new money to Huntington. Rate applies to ZIP code 43215.
Qualified rate · 0.02% interest rate · $10 monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for Huntington Relationship Savings Balance APY Up to $5,000 0.02% $5,000 – $2,000,001Your amountNon-Relationship Promotional Rate; 3.15% $2,000,001 – $100,000,000,000Bank reserves the right to limit acceptance of deposits greater than $2,000,000.00. 0.02% Rate checked
More details - 3.10%APY$310 a year on $10,000
Requirements
Product: Must be opened online with New Money (defined as funds not currently on deposit with Byline Bank). A minimum daily balance of $5,000 is required to avoid a $25 monthly service fee (waived on the first statement cycle). Available to Illinois and Wisconsin residents for new online customers.
Offer: Must be opened online with new funds only. $25 monthly service fee if daily balance falls below $5,000 (waived on first statement cycle). Compounded and paid monthly.
3.06% interest rate · $25 monthly fee · Effective Sep 29, 2026
Rate checked
More details - 3.05%APY$305 a year on $10,000
Requirements
Product: Rates accurate as of September 1st, 2026. Rates other than Certificates of Deposit may vary after the account is opened. Fees may reduce earnings.
Effective Sep 1, 2026
Rate checked
More details
Carrot Score rates each institution on all its CD, savings, auto loan and credit card rates, not just the account shown. How we rank
* APY calculated from the stated interest rate. Daily compounding is assumed when the institution does not state it.
What savings accounts pay in Illinois
783 accounts at 327 banks and credit unions · checked Oct 16–22
- Typical
- 0.25%
- Top 10% from
- 1.92%
- Banks, typical
- 0.25%
- Credit unions, typical
- 0.25%
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Illinois
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Bloomington Municipal Credit UnionCredit union · 1 branch
- First Community Credit UnionCredit union · 7 branches
- Acme Continental Credit UnionCredit union · 1 branch