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 361–375 results in Michigan
- 0.10%APY$10 a year on $10,000
Requirements
Product: No opening or maintenance fees. Includes Eagle Earners and Independence accounts. Rate may change after account opening.
Offer: Rate may change after account opening. Dividends may be paid quarterly, semi-annually, and annually. No opening or maintenance fees.
0.10% interest rate · No monthly fee · Effective Oct 5, 2026
Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: Rate may change after account opening. Can be customized with any name. Unlimited deposits.
Offer: Rate may change after account opening. Dividends may be paid quarterly, semi-annually, and annually.
0.10% interest rate · Effective Oct 5, 2026
Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: Dividends paid last Quarter. Dividends are based on Credit Union earnings and cannot be stated in advance.
Offer: Dividends paid last Quarter. Dividends are based on Credit Union earnings and cannot be stated in advance.
Effective Oct 5, 2026
Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: Fees could reduce the earnings on the account. Interest paid monthly.
Offer: Tier 1. Interest paid monthly. Fees could reduce earnings.
0.10% interest rate · Effective Oct 5, 2026
Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: $5.00 minimum balance required for membership. Dividends are paid on balances over $100.00, excluding youth accounts. No annual maintenance fees.
Offer: Dividends are paid on balances over $100.00, excluding youth accounts. $5.00 minimum balance required for membership. No annual maintenance fees.
Effective Oct 1, 2026
Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: No minimum balance required. No withdrawal penalties, minimum balances, or annual maintenance fees. Dividends are compounded quarterly and paid on balances over $100.00.
Offer: No minimum balance required. No withdrawal penalties, minimum balances, or annual maintenance fees. Dividends are compounded quarterly and paid on balances over $100.00.
Compounded quarterly · Effective Oct 1, 2026
Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: Sub-savings account under the primary membership account for targeted savings (e.g., vacation, taxes, holidays). Interest is not collected until the balance reaches $50 or more.
Offer: Interest rate applies to balances of $50 or more.
0.10% interest rate
Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: Requires proper photo identification and a $5.00 opening deposit for credit union membership. Interest is paid quarterly by direct deposit. No monthly or maintenance fees.
Offer: Standard interest rate paid quarterly by direct deposit.
0.10% interest rate · No monthly fee
Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: SAVE program requires automated monthly fund transfers from LFCU Checking or Savings ($5 minimum to $250 maximum per month). 4 free withdrawals per month; excessive withdrawals incur a $10.00 fee each.
Offer: Higher dividend tier applies on balances $50.00 to $1,000.00.
5.00% interest rate · Effective Oct 5, 2026
Rate by balance
Rate by balance for Stash Save Account Balance APY Up to $1,000 5.10% Over $1,000Your amount 0.10% Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: Primary account required to become a member and open other savings accounts. Membership available to individuals in Alger, Delta, and Marquette counties meeting membership requirements.
Offer: No maintenance fees. No minimum monthly balance. Compounding quarterly (dividends compounded daily and credited quarterly).
0.10% interest rate · Compounded daily · No monthly fee · Effective Oct 5, 2026
Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: Members must live, work, worship, or attend school in Marquette, Iron, Dickinson, Baraga, or Alger counties in Michigan. Par value of a regular share is $5.00.
0.10% interest rate · No monthly fee
Rate checked
More details - TBA Credit UnionMembership SavingsSavings · $5 min · 0.05%–0.10% by balance
Credit union · 2 branches
0.10%APY$10 a year on $10,000Requirements
Product: Primary account for membership. Dividends accrued daily, paid quarterly. $10/month fee if balance falls below $100 (waived for under 26 years of age). Free E-Statements; paper statements $2/month (free for over 55 and under 19). ATM access with ATM card. Up to 9 sub-share accounts.
Offer: $10/month fee if balance falls below $100; waived if under 26 years of age. Minimum opening deposit $5. Minimum balance $5.
0.05% interest rate
Rate by balance
Rate by balance for Membership Savings Balance APY Up to $999 0.05% $1,000 – $9,999 0.10% $10,000 and upYour amount 0.10% Rate checked
More details - Michigan Schools & Government Credit UnionGold Savings AccountSavings · $0 min · 0.10%–2.15% by balance
Credit union · 24 branches
0.10%APY$10 a year on $10,000Requirements
Product: Tiered dividend scale based on Average Daily Balance. No monthly service charge or withdrawal penalties.
Offer: Average Daily Balance Under $50,000.
0.10% interest rate · No monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for Gold Savings Account Balance APY Up to $50,000Your amount 0.10% $50,000 – $74,999 1.00% $75,000 – $99,999 1.45% $100,000 – $199,999 2.05% $200,000 and up 2.15% Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: Members can open up to 6 additional secondary savings accounts under the same member number.
No monthly fee · Effective Apr 1, 2013
Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: Eligible to join if an associate or retiree of Auto-Owners Insurance Company. Requires completing payment of one share ($5 minimum balance) in Regular Share account to maintain membership.
No monthly fee · Effective Apr 1, 2013
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 23
- Typical
- 0.15%
- Top 10% from
- 1.75%
- Banks, typical
- 0.20%
- Credit unions, typical
- 0.15%
Is your bank paying you enough?
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