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 496–510 results in Michigan
- 0.05%APY$5 a year on $10,000
Requirements
Product: Represents credit union membership and personal ownership. No monthly maintenance fee when maintaining a $400 balance or having at least one other Notre Dame FCU loan or deposit account.
Offer: Minimum balance to earn APY is $400. Open account with a $5 deposit. No monthly maintenance fee with a $400 balance or at least one other Notre Dame FCU loan or deposit account.
Rate checked
More details - 0.05%APY$5 a year on $10,000
0.05% interest rate · No monthly fee · Effective Oct 2, 2026
Rate checked
More details - 0.05%APY$5 a year on $10,000intro rate
Requirements
Product: Personal accounts and personal trusts only. Available at Old National banking centers or online (online opening available in IA, IL, IN, KY, MI, MN, ND, TN, WI; personal trusts in-person only). Combined balance of all Old National accounts cannot exceed $3,000,000. $25 fee if closed within 180 days.
Offer: Standard/lower tier rate for daily collected balances of $19,999.99 or less. Monthly fee of $20 waived with $5,000 minimum daily balance.
Promotional rate · 0.05% interest rate · $20 monthly fee · Effective Sep 1, 2026
Rate by balance
Rate by balance for Market Monitor Balance APY Up to $20,000Your amount 0.05% $20,000 and upPromotional rate guaranteed through December 31, 2026 for new accounts opened between September 1, 2026 and December 1, 2026 funded with minimum $20,000 in new money not on deposit as of August 31, 2026 within 15 calendar days of opening. 3.85% Rate checked
More details - 0.05%APY$5 a year on $10,000
Requirements
Product: Access savings anytime with unlimited withdrawals. Manage easily with free Digital Banking.
Offer: No monthly service fee.
0.05% interest rate · No monthly fee
Rate checked
More details - 0.05%APY$5 a year on $10,000
Requirements
Product: Establishes membership with TRUE Community Credit Union. Dividends computed on average daily balance, paid monthly. No limit or fees for withdrawals.
Offer: Dividends computed on average daily balance, paid monthly. $5 minimum deposit to open and maintain.
0.05% interest rate · No monthly fee
Rate checked
More details - 0.05%APY$5 a year on $10,000
0.05% interest rate
Rate checked
More details - 0.05%APY$5 a year on $10,000
Effective Mar 4, 2024
Rate checked
More details - Lake Huron Credit UnionPrime Share Savings AccountSavings · $5 min · 0.00%–0.05% by balance
Credit union · 3 branches
0.05%APY$5 a year on $10,000Requirements
Product: Dividends are calculated on the average daily balance and compounded and credited quarterly. Membership requires opening a Prime Share Account with an initial $5.00 deposit to purchase a share, which must remain in the account to retain membership.
Rate by balance
Rate by balance for Prime Share Savings Account Balance APY Up to $1,000 0.00% $1,000 – $5,000 0.02% $5,000 – $10,000Your amount 0.05% Over $10,000 0.05% Rate checked
More details - Lake Huron Credit UnionSide Share & Share Secured AccountsSavings · $5 min · 0.00%–0.05% by balance
Credit union · 3 branches
0.05%APY$5 a year on $10,000Requirements
Product: Pays same as Prime Share Rates. No minimum balance requirement. Unlimited deposits and/or withdrawals. Dividends calculated on average daily balance and paid quarterly.
Offer: Same as Prime Share Rates tier
Rate by balance
Rate by balance for Side Share & Share Secured Accounts Balance APY Up to $1,000 0.00% $1,000 – $5,000 0.02% $5,000 – $10,000Your amount 0.05% Over $10,000 0.05% Rate checked
More details - Cornerstone Community Financial Credit UnionRainy Day SavingsSavings · $50 min
Credit union · 7 branches
0.05%APY$5 a year on $10,000Requirements
Product: No minimum deposit to open. Minimum balance of $50 required to earn dividends.
Offer: Minimum balance of $50 required to earn dividends.
0.05% interest rate · Effective Jan 1, 2026
Rate checked
More details - Cornerstone Community Financial Credit UnionRegular SavingsSavings · $50 min
Credit union · 7 branches
0.05%APY$5 a year on $10,000Requirements
Product: Start with as little as $1. Minimum balance of $50 required to earn dividends.
Offer: Minimum balance of $50 required to earn dividends.
0.05% interest rate · Effective Jan 1, 2026
Rate checked
More details - 0.05%APY$5 a year on $10,000
Requirements
Product: $100 average daily balance to avoid $7 quarterly service fee. Minimum balance of $100 required to earn posted rate.
Offer: $100 average daily balance required to avoid $7 quarterly service fee. Minimum balance of $100 required to earn posted rate.
0.05% interest rate · Effective Sep 17, 2025
Rate checked
More details - State Savings BankMoney Market AccountMoney Market Account · $2,500 min · 0.03%–0.25% by balance
Bank · 8 branches
0.05%APY$5 a year on $10,000Requirements
Product: Open with $2,500. No monthly service charge on accounts with a daily minimum balance of $2,500.
Offer: No monthly service charge on accounts with a daily minimum balance of $2,500.
0.03% interest rate · Effective Oct 22, 2024
Rate by balance
Rate by balance for Money Market Account Balance APY Up to $10,000 0.03% $10,000 – $25,000Your amount 0.05% $25,000 – $50,000 0.05% $50,000 – $100,000 0.10% $100,000 – $1,000,000 0.15% $1,000,000 and up 0.25% Rate checked
More details - 0.05%APY$5 a year on $10,000
Requirements
Offer: No monthly service charge with daily minimum balance of $1,000. Interest accrues daily and paid monthly.
0.03% interest rate · Effective Oct 22, 2024
Rate by balance
Rate by balance for Premier Savings Balance APY Up to $10,000 0.03% $10,000 – $25,000Your amount 0.05% $25,000 – $50,000 0.05% $50,000 – $100,000 0.10% $100,000 and up 0.15% Rate checked
More details - 0.05%APY$5 a year on $10,000with conditions
Requirements
Product: Links to free Kasasa Cash or Kasasa Cash Back checking account. Limit one account per SSN.
Offer: Base rate applied to all balances if monthly qualifications in linked Kasasa Cash or Kasasa Cash Back account are not met.
Qualified rate · 0.05% interest rate · No monthly fee · Effective Feb 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
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