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 451–465 results in Michigan
- 0.05%APY$5 a year on $10,000
Requirements
Product: Required when joining LOC Credit Union and represents member share; must remain on deposit to keep membership active. Acts as an overdraft option for checking accounts.
Offer: Dividends are calculated using daily balance, paid and compounded quarterly. $100 minimum balance required to earn dividends if age 18 or older; no minimum balance required if under 18. Dividend rate is subject to change at any time. Fees may reduce earnings.
0.05% interest rate · Compounded quarterly · Effective Oct 15, 2026
Rate checked
More details - 0.05%APY$5 a year on $10,000
Requirements
Product: $100 minimum balance or $25 monthly automatic transfer to avoid $5 service fee. Interest paid quarterly.
Offer: $100 minimum balance or $25 monthly automatic transfer to avoid $5 service fee. Fees may reduce earnings.
$5 monthly fee · Effective Sep 21, 2026
Rate checked
More details - 0.05%APY$5 a year on $10,000
Effective Oct 1, 2025
Rate checked
More details - 0.05%APY$5 a year on $10,000
Effective Oct 1, 2025
Rate checked
More details - Community First Federal Credit UnionHigh Yield SharesSavings · $0 min · 0.05%–3.41% by balance
Credit union · 5 branches
0.05%APY$5 a year on $10,000Effective Oct 1, 2025
Rate by balance
Rate by balance for High Yield Shares Balance APY Up to $100,000Your amount 0.05% $100,000 – $250,000 1.38% $250,000 – $500,000 2.39% Over $500,000 3.41% Rate checked
More details - 0.05%APY$5 a year on $10,000
Requirements
Product: Joining InTouch Credit Union requires establishing membership with a Regular Savings Account. A minimum balance of $5.00 must be deposited and maintained as the member's share.
Offer: Minimum balance to earn dividends is $5.00.
0.05% interest rate · Effective Oct 5, 2026
Rate checked
More details - 0.05%APY$5 a year on $10,000
Requirements
Product: Required account for membership at United Credit Union. Monthly fee waived with another qualifying account relationship (excludes Holiday Club, IRA Money Market, or another Membership Savings).
Offer: Minimum balance to earn APY is $300.00.
0.05% interest rate · Effective Oct 1, 2026
Rate checked
More details - 0.05%APY$5 a year on $10,000
Requirements
Product: May be used to save for specific purposes (e.g., Cadillac Savings Account suffix 006, Mitchell Account suffix 010, Other Savings suffix 003). Up to 6 sub-savings accounts allowed.
Offer: Minimum balance to earn interest is $100.00. Interest is paid quarterly.
0.05% interest rate · Effective Oct 1, 2024
Rate checked
More details - Wexford Community Credit UnionRegular Share / Savings AccountSavings · $100 min
Credit union · 2 branches
0.05%APY$5 a year on $10,000Requirements
Product: Requires $5.00 minimum share deposit to join and remain a member. Variable rate may change quarterly.
Offer: $100.00 minimum balance required to earn quarterly interest. Dividend rate and APY may change quarterly.
0.05% interest rate · Effective Oct 1, 2024
Rate checked
More details - 0.05%APY$5 a year on $10,000
Requirements
Product: Membership and a primary savings account are required in order to open any type of account or receive a loan from Breakwater. Side savings accounts also available. Accounts for all ages.
Offer: Variable rate, subject to change without notice after account is opened.
0.05% interest rate · Effective Oct 5, 2026
Rate checked
More details - Arbor Financial Credit UnionMaximum Money MarketMaximum Money Market · $500 min · 0.05%–3.00% by balance
Credit union · 12 branches
0.05%APY$5 a year on $10,000Requirements
Product: Calculated by daily balance method. Dividends compounded and paid quarterly. Limited to six withdrawals or transfers by pre-authorized, automatic, telephone transfer, check, draft, or debit card per calendar month.
Effective Oct 1, 2026
Rate by balance
Rate by balance for Maximum Money Market Balance APY $500 – $50,000Your amount 0.05% $50,000 – $100,000 0.15% $100,000 – $200,000 0.20% $200,000 – $300,000 0.35% $300,000 – $400,000 1.00% $400,000 – $500,000 2.00% $500,000 – $600,000 3.00% $600,000 and up 3.00% Rate checked
More details - 0.05%APY$5 a year on $10,000
Requirements
Product: Balances of $100.00 or more earn a dividend. A minimum balance of $5.00 is required to maintain membership. Quarterly compounding and crediting.
Offer: Balances of $100.00 or more earn a dividend. A minimum balance of $5.00 is required to maintain membership.
Effective Oct 1, 2026
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More details - 0.05%APY$5 a year on $10,000
Requirements
Product: No minimum deposit to open and no minimum balance required. Secondary savings account.
Effective Oct 1, 2026
Rate checked
More details - 0.05%APY$5 a year on $10,000
Requirements
Product: $25 minimum opening deposit required when opened online. $5 minimum balance in a Savings Account required to receive applicable APY. No monthly maintenance fees. Limit one per primary account holder. Rates subject to change.
Offer: $5 minimum balance required to receive applicable APY. Interest rates declared at the end of the month.
0.05% interest rate · Effective Oct 1, 2026
Rate checked
More details - 0.05%APY$5 a year on $10,000
Requirements
Product: No minimum balance requirements and no monthly maintenance fees. Can open with $0. No limit on the number of Special Savings accounts you can open. Interest rates declared at the end of the month. $5 minimum balance required to receive applicable APY.
Offer: $5 minimum balance in Savings Account required to receive applicable APY. Interest rates declared at the end of the month.
0.05% interest rate · No monthly fee
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 23–24
- 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