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 91–105 results in Michigan
- Arbor Financial Credit UnionPremier SavingsSavings · $0 min · 1.20%–2.45% by balance
Credit union · 12 branches
1.20%APY$120 a year on $10,000Requirements
Product: One Premier Savings account per member. No minimum balance required to open.
Offer: One Premier Savings account per member.
Effective Oct 1, 2026
Rate by balance
Rate by balance for Premier Savings Balance APY Up to $15,000Your amount 1.20% $15,000 – $50,000 1.20% $50,000 – $100,000 1.85% $100,000 – $175,000 2.35% $175,000 and up 2.45% Rate checked
More details - 1.16%APY$116 a year on $10,000
Requirements
Product: No minimum, no restrictions, no fees. The more you deposit, the better the rate. Must maintain minimum balance stated to earn APY.
Offer: Must maintain minimum balance stated to earn APY.
No monthly fee · Effective Jun 2, 2025
Rate by balance
Rate by balance for Preferred Shares Balance APY Up to $5,000 1.11% $5,000 – $25,000Your amount 1.16% $25,000 – $75,000 1.21% $75,000 and up 1.26% Rate checked
More details - 1.15%APY$115 a year on $10,000intro rate
Requirements
Product: Account must have $100 or more to earn interest. Rate is variable and may change after the account is opened. Fees may reduce earnings. Rates effective as of 10/12/2026 – 10/18/2026.
Offer: Balance: $100 or more
Promotional rate · 1.15% interest rate · Effective Oct 12, 2026
Rate checked
More details - Journey Federal Credit UnionMoney Market Share AccountMoney Market Share Account · $2,000 min · 0.00%–1.75% by balance
Credit union · 4 branches
1.15%APY$115 a year on $10,000Requirements
Product: Minimum amount to open is $2,000.
0.00% interest rate · Effective Oct 5, 2026
Rate by balance
Rate by balance for Money Market Share Account Balance APY Up to $2,000 0.00% $2,000 – $50,000Your amount 1.15% $50,000 – $150,000 1.35% $150,000 and up 1.75% Rate checked
More details - orsa credit unionMoney Market AccountMoney Market Account · $2,000 min · 1.10%–4.20% by balance
Credit union · 13 branches
1.10%APY$110 a year on $10,000Requirements
Product: Requires a balance of at least $2,000 to start earning dividends. Membership required. Dividends compounded daily and paid monthly. Minimum $2,000 balance to open. No monthly service fee. Unlimited withdrawals and transfers.
1.10% interest rate · Compounded daily · No monthly fee · Effective Oct 16, 2026
Rate by balance
Rate by balance for Money Market Account Balance APY $2,000 and upYour amount 1.10% $15,000 and up 1.30% $25,000 and up 1.60% $50,000 and up 1.70% $100,000 and up 2.00% $250,000 and up 2.50% $500,000 and up 3.25% $1,000,000 and up 3.50% $5,000,000 and up 4.20% Rate checked
More details - Isabella Community Credit UnionInsured Money Market Savings AccountInsured Money Market Savings Account · $0 min · 0.00%–2.60% by balance
Credit union · 4 branches
1.10%APY$110 a year on $10,000Requirements
Product: $2,000.00 minimum balance required. Interest is compounded and credited monthly. No annual maintenance fees. Rates are subject to change at any time.
Offer: $2,000.00 minimum balance required. Interest is compounded and credited monthly. No annual maintenance fees.
Effective Oct 1, 2026
Rate by balance
Rate by balance for Insured Money Market Savings Account Balance APY Up to $2,000 0.00% $2,000 – $24,999Your amount 1.10% $25,000 – $49,999 1.40% $50,000 – $99,999 1.70% $100,000 – $250,000 2.00% $250,000 – $500,000 2.20% $500,000 and up 2.60% Rate checked
More details - Wildfire Credit UnionHigh-Yield SavingsSavings · $1,000 min · 1.10%–2.10% by balance
Credit union · 7 branches
1.10%APY$110 a year on $10,000Requirements
Product: Minimum balance $1,000. Three free withdrawals at no charge; maximum of six withdrawals per month with a $25 fee after the third withdrawal. Minimum deposit or withdrawal of $500.
Offer: Dividends compounded and credited monthly. Minimum balance of $1,000 required to open account and earn stated APY.
1.09% interest rate
Rate by balance
Rate by balance for High-Yield Savings Balance APY $1,000 – $25,000Your amount 1.10% $25,000 – $50,000 1.20% $50,000 – $100,000 1.35% $100,000 – $250,000 1.50% $250,000 – $500,000 1.65% $500,000 – $1,000,000 1.90% $1,000,000 and up 2.10% Rate checked
More details - Michigan First Credit UnionMoney Market AccountMoney Market Account · $1 min · 0.00%–2.53% by balance
Credit union · 32 branches
1.06%APY$106 a year on $10,000Requirements
Product: Members must be 18 years old to open this account. Minimum account aggregate balance of $100 required to avoid additional fee of $3/month.
Offer: Minimum balance to open account and earn advertised APY. Minimum account aggregate balance of $100 required to avoid $3/month fee.
0.00% interest rate · $3 monthly fee
Rate by balance
Rate by balance for Money Market Account Balance APY Up to $2,499 0.00% $2,500 – $4,999 1.06% $5,000 – $24,999Your amount 1.06% $25,000 – $99,000 1.71% $100,000 – $199,999 2.22% $200,000 – $499,999 2.53% $500,000 and up 2.53% Rate checked
More details - University of Michigan Credit UnionMoney Market Savings AccountMoney Market Savings Account · $2,000 min · 0.55%–1.16% by balance
Credit union · 14 branches
1.06%APY$106 a year on $10,000Requirements
Product: Variable rate account. Rate may change after account is opened. Minimum balance of $500.00 required to avoid a $5.00 monthly maintenance fee. Third-party transfers limited to six per month.
Offer: Monthly maintenance fee of $5.00 waived if minimum daily balance of $500 is maintained. Earns monthly interest on balances of $2,000 or more.
0.55% interest rate · $5 monthly fee · Effective Oct 1, 2026
Rate by balance
Rate by balance for Money Market Savings Account Balance APY $2,000 – $5,000 0.55% $5,000 – $10,000 0.75% $10,000 – $25,000Your amount 1.06% $25,000 and up 1.16% Rate checked
More details - Oxford BankMoney Market AccountMoney Market Account · $1,000 min · 1.05%–2.48% by balance
Bank · 7 branches
1.05%APY$105 a year on $10,000Requirements
Product: Avoid the $10 monthly service fee by maintaining a minimum daily balance of $2,000 or more.
Offer: Balance < $100,000 schedule. Monthly fee waived with $2,000 minimum daily balance.
1.04% interest rate · $10 monthly fee · Effective Feb 11, 2026
Rate by balance
Rate by balance for Money Market Account Balance APY Up to $50,000Your amount 1.05% $50,000 – $100,000Tier Low 1.04% Tier High 1.66% APY. 2.28%* $100,000 – $250,000Balance < $500,000 schedule. 1.51% $250,000 – $500,000Tier Low 1.26% Tier High 1.56% APY. Balance < $3,500,000 schedule. 1.87%* $500,000 and up 2.48% Rate checked
More details - 1.03%APY$103 a year on $10,000
Requirements
Product: Only available for new customers or deposits of new funds not currently held with F&M Bank. Limit 1 Direct Savings account per household. $3.00 monthly service charge waived if a $300.00 minimum balance is maintained each day during the month.
Offer: Schedule table rate for balance $0 - $99,999.99. $3.00 monthly service charge waived if $300.00 minimum balance maintained each day.
1.02% interest rate · $3 monthly fee · Effective Sep 1, 2026
Rate by balance
Rate by balance for Direct Savings Balance APY Up to $100,000Your amount 1.03% $100,000 – $250,000 1.13% $250,000 – $500,000 1.34% $500,000 and up 1.46% Rate checked
More details - Aeroquip CUMoney Market AccountsMoney Market Accounts · $2,500 min · 0.75%–1.26% by balance
Credit union · 3 branches
1.01%APY$101 a year on $10,000Requirements
Product: Tiered rate structure. No monthly service fees. Low $2,500 starting balance. Unlimited deposits, 3 free withdrawals per month. Rates are determined by the Board of Directors and may change at any time.
0.75% interest rate · No monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for Money Market Accounts Balance APY $2,500 – $10,000 0.75% $10,000 – $25,000Your amount 1.01% $25,000 and up 1.26% Rate checked
More details - Northwest Consumers Federal Credit UnionHigh Yield AccountSavings · $10 min · 0.00%–1.01% by balance
Credit union · 3 branches
1.01%APY$101 a year on $10,000Effective Nov 6, 2024
Rate by balance
Rate by balance for High Yield Account Balance APY $10 and up 0.00% $500 and up 0.20% $1,000 and up 0.35% $2,500 and upYour amount 1.01% $50,000 and up 1.01% $85,000 and up 1.01% Rate checked
More details - River Valley Credit UnionMoney MarketMoney Market · $2,500 min · 1.01%–2.75% by balance
Credit union · 3 branches
1.01%APY$101 a year on $10,000Requirements
Product: Membership eligibility requires living, working, worshiping, or attending school in Kent, Montcalm, or Ionia County, Michigan, or being over age 55 with qualifying retirement income. Rates are variable and subject to change monthly as determined by the Board of Directors. Dividends are calculated using the Average Daily Balance method and compounded and credited monthly.
Offer: Minimum balance to earn APY is $2,500.00. Dividends are compounded and credited monthly. Calculated using average daily balance method.
1.00% interest rate · Effective Apr 22, 2026
Rate by balance
Rate by balance for Money Market Balance APY $2,500 – $10,000 1.01% $10,000 – $25,000Your amount 1.01% $25,000 – $50,000 2.02% $50,000 – $100,000 2.02% $100,000 and up 2.75% Rate checked
More details - Filer Credit UnionMoney Market AccountsMoney Market Accounts · $2,500 min · 1.01%–2.02% by balance
Credit union · 4 branches
1.01%APY$101 a year on $10,000Requirements
Product: Tiered balances apply. Must maintain minimum balance to avoid a $25 monthly fee. Membership eligibility required. Account is insured by NCUA.
Effective Mar 1, 2025
Rate by balance
Rate by balance for Money Market Accounts Balance APY $2,500 – $24,999Your amount 1.01% $25,000 – $99,999 1.26% $100,000 – $249,999 1.51% $250,000 and up 2.02% 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
621 accounts at 213 banks and credit unions · checked Oct 16–22
- Typical
- 0.15%
- Top 10% from
- 1.66%
- 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
- Chief Financial Credit UnionCredit union · 4 branches
- Meijer Credit UnionCredit union · 3 branches