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 271–285 results in Michigan
- 0.20%APY$20 a year on $10,000
Requirements
Product: Open a share account and become a member. Deposits insured up to $250,000 by NCUSIF.
Rate checked
More details - West Michigan Postal Service FCUShare Savings AccountSavings · $100 min · 0.00%–0.30% by balance
Credit union · 1 branch
0.20%APY$20 a year on $10,000Requirements
Product: May limit the number of monthly withdrawals allowed.
Offer: Tier 0
Rate by balance
Rate by balance for Share Savings Account Balance APY $100 – $250 0.00% $250 – $5,000Tier 1 0.15% $5,000 – $25,000Your amountTier 2 0.20% $25,000 – $55,000Tier 3 0.25% Over $55,000Tier 4 0.30% Rate checked
More details - Great Lakes First Federal Credit UnionSavings Account (Share Account)Savings · $5 min
Credit union · 2 branches
0.20%APY$20 a year on $10,000Requirements
Product: Standard account to become a member; holds a $5.00 minimum balance and charges a $1.00 opening fee. Dividends are earned automatically on the balance with no monthly service fees.
Offer: Hold $5.00 minimum balance; $1.00 fee for opening an account. No monthly service fees.
No monthly fee
Rate checked
More details - 4Front Credit UnionMoney Market ShareMoney Market Share · $1,000 min · 0.15%–0.40% by balance
Credit union · 20 branches
0.20%APY$20 a year on $10,0000.15% interest rate · Effective Sep 3, 2026
Rate by balance
Rate by balance for Money Market Share Balance APY $1,000 – $10,000 0.15% $10,000 – $25,000Your amount 0.20% $25,000 – $50,000 0.30% $50,000 and up 0.40% Rate checked
More details - 0.20%APY$20 a year on $10,000
Rate checked
More details - ABD Federal Credit UnionRegular Share SavingsSavings · 0.05%–0.20% by balance
Credit union · 2 branches
0.20%APY$20 a year on $10,000Requirements
Product: Share Account has $5.00/month service charge on balances below $100.
Rate by balance
Rate by balance for Regular Share Savings Balance APY Any balance 0.05% $100 and upYour amountMinimum to avoid charge is $100.00. 0.20% Rate checked
More details - Chiropractic Federal Credit UnionRegular SharesSavings · $25 min · 0.00%–0.20% by balance
Credit union · 1 branch
0.20%APY$20 a year on $10,000Requirements
Product: Begin membership with a $25.00 deposit into savings account, which must remain on deposit to maintain membership privileges.
0.00% interest rate
Rate by balance
Rate by balance for Regular Shares Balance APY Any balance 0.00% $300 and upYour amountDividend compounded/credited quarterly. 0.20% Rate checked
More details - 0.20%APY$20 a year on $10,000
Requirements
Product: Open up to ten preferred shares per account. Assign unique nicknames to each preferred account. No minimum balance required.
Offer: Dividends compounded and credited quarterly.
0.20% interest rate · Effective Jul 1, 2023
Rate checked
More details - Alliance Catholic Credit UnionMoney Market Savings AccountMoney Market Savings Account · $0 min · 0.00%–0.30% by balance
Credit union · 12 branches
0.15%APY$15 a year on $10,000Requirements
Product: Dividends compounded and paid monthly. Limit of up to six (6) electronic transfers per month. No minimum balance required to open.
Offer: Average Daily Balance Required to Earn Dividends: $0.00 – $2,499.99. Dividend frequency monthly.
0.00% interest rate · Effective Oct 22, 2026
Rate by balance
Rate by balance for Money Market Savings Account Balance APY Up to $2,500 0.00% $2,500 – $20,000Your amount 0.15% $20,000 – $75,000 0.20% $75,000 – $100,000 0.25% $100,000 and up 0.30% Rate checked
More details - 0.15%APY$15 a year on $10,000
Requirements
Product: Dividends are calculated by the daily balance method and credited on the last day of each quarter. Rates are variable and may change after account is opened. Minimum balance is N/A.
Offer: Dividends are calculated by the daily balance method and credited on the last day of each quarter. Rates are variable and may change after account is opened.
0.15% interest rate · Effective Oct 23, 2026
Rate checked
More details - 0.15%APY$15 a year on $10,000
Requirements
Product: Dividends are calculated by the daily balance method and credited on the last day of each quarter. Rates are variable and may change after account is opened.
Offer: Dividends are calculated by the daily balance method and credited on the last day of each quarter. Rates are variable and may change after account is opened.
0.15% interest rate · Effective Oct 23, 2026
Rate checked
More details - Southeast Michigan State EFCURegular SharesSavings · $100 min · 0.05%–0.15% by balance
Credit union · 1 branch
0.15%APY$15 a year on $10,000Requirements
Product: Initial deposit of $25 required to become a member and keep account open. Maintaining an average daily balance of $100 or more avoids maintenance fees.
0.05% interest rate
Rate by balance
Rate by balance for Regular Shares Balance APY $100 – $500 0.05% $500 and upYour amount 0.15% Rate checked
More details - 0.15%APY$15 a year on $10,000
Requirements
Product: All members are required to have a savings account (share account) with a minimum deposit of $5.00, which is your share in the credit union.
0.15% interest rate · Effective Jan 26, 2026
Rate checked
More details - 0.15%APY$15 a year on $10,000
Requirements
Product: Sub-accounts offered to help manage money and separate funds.
Effective Jan 26, 2026
Rate checked
More details - Iron Mountain-Kingsford Community Federal Credit UnionSpecial SavingsSavings · $0 min
Credit union · 1 branch
0.15%APY$15 a year on $10,000Requirements
Product: No minimum balance requirements. Save for vacation, education, or special event. Dividends compounded and credited quarterly on average daily balance. No required minimum opening deposit.
Offer: No minimum balance requirements. Dividends compounded and credited quarterly on average daily balance.
0.15% interest rate · Effective Oct 7, 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
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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Find your bank or credit union to see all its rates and how they compare near you.
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