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 301–315 results in Michigan
- Michigan Schools & Government Credit UnionYou-Name-It Savings AccountSavings · $0 min
Credit union · 24 branches
0.15%APY$15 a year on $10,000Requirements
Product: No minimum balance required. No monthly service charge. Dividends paid quarterly. Designed for secondary share personal savings goals.
Offer: No Minimum Balance Required. No monthly service charge. Dividends paid quarterly.
0.15% interest rate · No monthly fee · Effective Oct 5, 2026
Rate checked
More details - 0.15%APY$15 a year on $10,000
Requirements
Offer: Regular Share Savings Dividend Rate only applies to balances over $100. Dividends paid quarterly.
0.15% interest rate · Effective Oct 5, 2026
Rate checked
More details - 0.15%APY$15 a year on $10,000
Requirements
Product: Separate accounts established by members who wish to save for a wedding, the holidays, a special event, or even a rainy day fund.
Offer: Special Savings Dividend Rate only applies to balances over $100. Dividends paid quarterly.
0.15% interest rate · Effective Oct 5, 2026
Rate checked
More details - Downriver Community Federal Credit UnionHigh-Yield SavingsSavings · $0 min · 0.15%–0.45% by balance
Credit union · 3 branches
0.15%APY$15 a year on $10,000Requirements
Product: Interest is calculated using average monthly balance. Dividends are paid monthly. A minimum balance of $2,000 is required to earn dividends.
Offer: A minimum balance of $2,000 is required to earn dividends.
0.15% interest rate · Effective Oct 5, 2026
Rate by balance
Rate by balance for High-Yield Savings Balance APY Up to $24,999Your amount 0.15% $25,000 – $99,999 0.30% $100,000 and up 0.45% Rate checked
More details - 0.15%APY$15 a year on $10,000
Requirements
Product: Requires an initial deposit of $5.00 into the regular share account and a one-time $1 fee to join.
Offer: Minimum $300 balance to earn dividend. Initial deposit of $5.00 required to open.
0.15% interest rate · Effective Oct 1, 2026
Rate checked
More details - 0.15%APY$15 a year on $10,000
0.15% interest rate · Effective Oct 5, 2026
Rate checked
More details - Blue Water Federal Credit UnionSpecial SavingsSavings · 0.10%–0.15% by balance
Credit union · 1 branch
0.15%APY$15 a year on $10,000Requirements
Product: No minimum balance required. Interest paid quarterly.
Offer: Quarterly interest. To be paid 10/1/2026.
0.10% interest rate · Effective Sep 22, 2026
Rate by balance
Rate by balance for Special Savings Balance APY Up to $200 0.10%* $200 and upYour amount 0.15%* Rate checked
More details - Blue Water Federal Credit UnionRegular SavingsSavings · $5 min · 0.10%–0.15% by balance
Credit union · 1 branch
0.15%APY$15 a year on $10,000Requirements
Product: Required minimum balance of $5.00 for share in credit union and membership. Interest paid quarterly.
Offer: Quarterly interest. To be paid 10/1/2026.
0.10% interest rate · Effective Sep 22, 2026
Rate by balance
Rate by balance for Regular Savings Balance APY Up to $200 0.10%* $200 and upYour amount 0.15%* Rate checked
More details - 0.15%APY$15 a year on $10,000
Requirements
Offer: Interest earned on balances of any size. Balances that fall below $200 incur a $4 monthly service fee. Two withdrawals per monthly statement cycle, thereafter $2 per withdrawal.
0.15% interest rate · $4 monthly fee
Rate checked
More details - 0.15%APY$15 a year on $10,000
Requirements
Product: Establishes membership with Best Financial Credit Union. No monthly service charge/fee. No minimum balance requirements.
Offer: Minimum balance to earn interest is $100. Dividends calculated daily, paid quarterly.
0.15% interest rate · No monthly fee
Rate checked
More details - 0.15%APY$15 a year on $10,000
Requirements
Offer: Minimum balance to earn interest is $100.
0.15% interest rate
Rate checked
More details - 4Front Credit UnionMoney Market CheckingMoney Market Checking · $1,000 min · 0.10%–0.30% by balance
Credit union · 20 branches
0.15%APY$15 a year on $10,000Requirements
Product: No monthly service fees or deposit limits.
Offer: Some requirements apply.
0.10% interest rate · No monthly fee · Effective Oct 17, 2022
Rate by balance
Rate by balance for Money Market Checking Balance APY $1,000 – $10,000 0.10% $10,000 – $25,000Your amount 0.15% $25,000 – $50,000 0.25% $50,000 and up 0.30% Rate checked
More details - 0.15%APY$15 a year on $10,000
Requirements
Product: Minimum balance $10.00.
Offer: Minimum balance $10.00.
0.15% interest rate · Effective Oct 1, 2013
Rate checked
More details - 0.15%APY$15 a year on $10,000
Requirements
Offer: Minimum balance to avoid service charge is $25.
Rate checked
More details - 0.15%APY$15 a year on $10,000
Requirements
Product: A requirement for membership. Funds earn dividends compounded and credited quarterly.
Offer: Dividends compounded and credited quarterly.
0.15% interest rate · Effective Jul 1, 2023
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 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%
Is your bank paying you enough?
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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