Compare Bank & Credit Union Rates
Best savings rates in Michigan
Compare published savings yields, money market accounts included, with minimums, requirements, collection dates and original sources.
Top savings rates
Showing 256–270 results in Michigan
- 0.20%APY$20 a year on $10,000
Requirements
Product: The minimum balance is $5.00 to remain a member. Dividends are compounded and credited monthly using the average daily balance method. There is no fee to maintain the account.
Offer: Earns dividends each day account balance is more than $5.00. No fee to maintain account.
No monthly fee · Effective Aug 1, 2026
Rate checked
More details - 0.20%APY$20 a year on $10,000
Requirements
Product: $5 monthly service charge if available balance falls below $100. $100 minimum deposit to open. Minimum $100.00 to earn interest. Unlimited deposits and transfers.
Offer: $5 monthly service charge waived if available balance remains at or above $100. $100.00 minimum to earn interest. Interest is compounded quarterly and credited quarterly.
0.15% interest rate · Compounded quarterly · $5 monthly fee
Rate by balance
Rate by balance for Personal Savings Balance APY $100 – $5,000 0.15% $5,000 and upYour amount 0.20% Rate checked
More details - Forest Area Federal Credit UnionSub-ShareSavings · $10 min · 0.10%–0.20% by balance
Credit union · 7 branches
0.20%APY$20 a year on $10,000Requirements
Product: Open up to 15 subsidiary accounts under the main share savings account. No minimum deposit requirements and no minimum balance. Dividends paid quarterly.
Offer: Tier 0 (Base): For Balance Greater Than $10.00 up to $500.00.
0.10% interest rate
Rate by balance
Rate by balance for Sub-Share Balance APY Up to $500 0.10% $500 – $2,500 0.15% $2,500 and upYour amount 0.20% Rate checked
More details - Forest Area Federal Credit UnionShare SavingsSavings · $10 min · 0.10%–0.20% by balance
Credit union · 7 branches
0.20%APY$20 a year on $10,000Requirements
Product: Base account provided to all members. Requires $10 minimum balance (purchase of one share). Dividends paid quarterly.
Offer: Tier 0 (Base): For Balance Greater Than $10.00 up to $500.00.
0.10% interest rate
Rate by balance
Rate by balance for Share Savings Balance APY Up to $500 0.10% $500 – $2,500 0.15% $2,500 and upYour amount 0.20% Rate checked
More details - Awakon Federal Credit UnionMONEY MARKETMONEY MARKET · $2,500 min · 0.00%–2.79% by balance
Credit union · 6 branches
0.20%APY$20 a year on $10,000Requirements
Product: Fees may reduce earnings. Rate may change after the account is opened.
Offer: Fees may reduce earnings. Rate may change after the account is opened.
Effective Oct 5, 2026
Rate by balance
Rate by balance for MONEY MARKET Balance APY $2,499 and up 0.00% $2,500 and upYour amount 0.20% Over $10,000 0.40% Over $25,000 0.60% Over $50,000 1.01% Over $100,000 1.76% Over $250,000 2.79% Rate checked
More details - Kalsee Credit UnionMoney MarketMoney Market · $50 min · 0.20%–0.25% by balance
Credit union · 6 branches
0.20%APY$20 a year on $10,000Requirements
Product: Open with a $50 minimum deposit. No monthly fee. $500 minimum withdrawal. Up to six fee-free withdrawals per statement cycle.
0.20% interest rate · No monthly fee
Rate by balance
Rate by balance for Money Market Balance APY Up to $1,999 0.20% $2,000 – $19,999Your amount 0.20% $20,000 – $74,999 0.25% $75,000 and up 0.25% Rate checked
More details - Michigan First Credit UnionSavings AccountSavings · $10 min · 0.15%–0.25% by balance
Credit union · 32 branches
0.20%APY$20 a year on $10,000Requirements
Product: Must be 18 or older to open an account (ages 13-17 can open with a parent or guardian). Minimum opening deposit of $10 required. An account aggregate balance of $100 required after the first 3 months of membership to avoid a monthly minimum balance fee.
0.15% interest rate · No monthly fee · Effective Oct 1, 2026
Rate by balance
Rate by balance for Savings Account Balance APY Up to $999 0.15% $1,000 – $4,999 0.15% $5,000 – $24,999Your amount 0.20% $25,000 and up 0.25% Rate checked
More details - Frankenmuth Credit UnionWealth BuilderSavings · $100 min · 0.16%–0.20% by balance
Credit union · 32 branches
0.20%APY$20 a year on $10,000Requirements
Product: No interest will be paid on the Wealth Builder Consumer if the average daily balance is less than $100.
Offer: Investment $100-$9,999.
0.20% interest rate · Effective Sep 17, 2026
Rate by balance
Rate by balance for Wealth Builder Balance APY $100 – $9,999 0.20% $10,000 – $49,999Your amountInvestment $10,000-$49,999; APY range .16%-.20%. 0.20% $50,000 – $99,999Investment $50,000-$99,999; APY range .13%-.16%. 0.16% Rate checked
More details - 0.20%APY$20 a year on $10,000
Requirements
Product: Every member of CPCU maintains a Prime Share Account with a par value of $25.00. This is your share of credit union ownership and entitles you to a vote at the annual meeting. The minimum balance required to earn dividends is $50.00.
Offer: Compounded/Credited Quarterly. Minimum balance to obtain APY is $50.00.
0.20% interest rate
Rate checked
More details - 0.20%APY$20 a year on $10,000
Requirements
Product: Earn daily dividends, paid monthly. Members are permitted to make six remote (online, preauthorized, telephone transfer, auto transfer) withdrawals per month.
Offer: Earn daily dividends, paid monthly. Maximum of 6 remote withdrawals per month.
Effective Oct 1, 2026
Rate checked
More details - Michigan Schools & Government Credit UnionMoney Market Checking AccountMoney Market Checking Account · $2,500 min · 0.20%–0.40% by balance
Credit union · 24 branches
0.20%APY$20 a year on $10,000Requirements
Product: $2,500 minimum average daily balance required to earn APY. No monthly service charges or deposit fees.
Offer: $2,500 minimum average daily balance required to earn APY.
0.20% interest rate · No monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for Money Market Checking Account Balance APY $2,500 – $4,999 0.20% $5,000 – $7,499 0.20% $7,500 – $9,999 0.20% $10,000 – $24,999Your amount 0.20% $25,000 and up 0.40% Rate checked
More details - 0.20%APY$20 a year on $10,000
Requirements
Product: New money only (money not currently held at any WTFC location) deposited at opening; mention offer during in-branch opening or visit URL provided. Available to existing or closed savings account customers of WTFC & its subsidiaries or employees. $200 daily balance to avoid $5 monthly maintenance fee. Variable rate.
Offer: Statement Savings Advanced Special with qualifying activities. Deposit new money at opening; minimum daily balance of $0.01 required to obtain APY. $200 daily balance to avoid $5 monthly maintenance fee.
$5 monthly fee · Effective Feb 11, 2026
Rate checked
More details - Nicolet National BankMoney Market Account (MMA)Money Market Account (MMA) · $1,000 min · 0.10%–0.20% by balance
Bank · 15 branches
0.20%APY$20 a year on $10,000Requirements
Offer: $10 monthly service charge if available balance falls below $1,000.
0.10% interest rate · $10 monthly fee · Effective Sep 23, 2026
Rate by balance
Rate by balance for Money Market Account (MMA) Balance APY $1,000 – $4,999 0.10% $5,000 and upYour amount 0.20% Rate checked
More details - 0.20%APY$20 a year on $10,000
Rate checked
More details - 0.20%APY$20 a year on $10,000
Requirements
Product: Opened under primary membership. Set aside money for specific purposes (vacations, car insurance, taxes, etc.).
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
What savings accounts pay in Michigan
617 accounts at 212 banks and credit unions · checked Oct 16–23
- Typical
- 0.15%
- Top 10% from
- 1.75%
- Banks, typical
- 0.20%
- Credit unions, typical
- 0.15%
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Michigan
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Settlers Federal Credit UnionCredit union · 2 branches
- Meijer Credit UnionCredit union · 3 branches
- Dow Credit UnionCredit union · 2 branches