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 106–120 results in Michigan
- Adventure Credit UnionMoney Market SavingsMoney Market Savings · $5,000 min · 1.00%–2.53% by balance
Credit union · 10 branches
1.00%APY$100 a year on $10,000Requirements
Product: All those who live, work, worship or attend school in the State of Michigan are eligible to join. $0 minimum deposit to open account. Dividends are compounded daily and paid monthly. $5,000 minimum balance required to earn dividends. Single Account Minimum Balance fee of $5.00 monthly applies if balance < $500 with no other relationship.
Offer: Variable rate. All deposited funds earn the rate for the tier.
1.00% interest rate · Compounded daily · Effective Oct 1, 2026
Rate by balance
Rate by balance for Money Market Savings Balance APY $5,000 – $25,000Your amount 1.00% $25,000 – $50,000 1.51% $50,000 – $100,000 2.02% $100,000 – $250,000 2.27% $250,000 and up 2.53% Rate checked
More details - Highpoint Community BankHigh Yield SavingsSavings · $1,000 min · 1.00%–3.91% by balance
Bank · 6 branches
1.00%APY$100 a year on $10,000Requirements
Offer: Variable rate. Avoid a $10 monthly service charge with a daily minimum balance of $5,000.
1.00% interest rate · $10 monthly fee · Effective Oct 16, 2026
Rate by balance
Rate by balance for High Yield Savings Balance APY Up to $10,000 1.00% $10,000 – $25,000Your amount 1.00% $25,000 – $100,000 1.50% $100,000 – $200,000 2.25% $200,000 – $500,000 2.75% $500,000 and up 3.91% Rate checked
More details - Community West Credit UnionQuest Money MarketQuest Money Market · $0 min · 1.00%–3.25% by balance
Credit union · 5 branches
1.00%APY$100 a year on $10,000Requirements
Product: Dividends paid monthly, computed on the average daily balance. Up to six withdrawals per month without penalty.
0.99% interest rate · Effective Oct 16, 2026
Rate by balance
Rate by balance for Quest Money Market Balance APY Up to $9,999 1.00% $10,000 – $49,999Your amount 1.00% $50,000 – $99,999 2.00% $100,000 – $249,999 3.00% $250,000 – $999,999 3.25% $1,000,000 and up 3.00% Rate checked
More details - Lake Michigan Credit UnionMax Money MarketMax Money Market · $0 min · 1.00%–3.90% by balance
Credit union · 53 branches
1.00%APY$100 a year on $10,000Requirements
Product: A member savings account with a $5 minimum balance is required to establish and maintain membership. No minimum deposit and no monthly fees. Includes check-writing access. Interest is accrued daily and paid monthly. Variable rates subject to change after account opening.
1.00% interest rate · No monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for Max Money Market Balance APY Up to $2,500 1.00% $2,500 – $10,000 1.00% $10,000 – $25,000Your amount 1.00% $25,000 – $50,000 2.00% $50,000 – $100,000 2.00% $100,000 – $250,000 2.90% $250,000 – $1,000,000 3.15% $1,000,000 and up 3.90% Rate checked
More details - 1.00%APY$100 a year on $10,000
Requirements
Product: Must maintain a minimum daily balance of $100 to obtain the disclosed APY. No minimum deposit to open.
Offer: Must maintain a minimum daily balance of $100 to obtain disclosed APY.
0.99% interest rate · Effective Oct 5, 2026
Rate checked
More details - 1.00%APY$100 a year on $10,000
Requirements
Product: Monthly maintenance fee of $10 is waived by maintaining a minimum average daily balance of $200 and/or maintaining an active Union Bank checking account.
Offer: Waive $10 monthly maintenance fee by maintaining a minimum average daily balance of $200 and/or maintaining an active Union Bank checking account.
$10 monthly fee · Effective Sep 29, 2026
Rate by balance
Rate by balance for Universal Savings Balance APY Up to $25,000Your amount 1.00% $25,000 – $200,000 1.51% $200,000 – $1,000,000 2.02% $1,000,000 and up 2.53% Rate checked
More details - 1.00%APY$100 a year on $10,000with conditions
Requirements
Product: Linked Kasasa Cash or Kasasa Cash Back checking account required. Limit 1 account per Social Security number.
Offer: When qualifications are met on linked Kasasa Cash or Kasasa Cash Back account (at least 12 debit card purchases post and settle, receive eStatements, and log into online banking each monthly qualification cycle).
Qualified rate · 0.99% interest rate · No monthly fee · Effective Oct 1, 2026
Rate checked
More details - 1.00%APY$100 a year on $10,000
Requirements
Product: Deposits can be made by payroll deductions or automatic transfer with the exception of initial deposit. Withdrawals can only be made during the months of May, June, July, and August. Funds will be transferred automatically to your MSUFCU checking or savings account.
Offer: Withdrawals restricted to May, June, July, and August.
Effective Aug 25, 2026
Rate checked
More details - Ukrainian Selfreliance MI FCUMoney Market AccountMoney Market Account · $2,000 min · 1.00%–3.00% by balance
Credit union · 2 branches
1.00%APY$100 a year on $10,000Requirements
Product: $2,000 minimum balance to earn interest.
Offer: $2,000 minimum balance to earn interest.
1.00% interest rate · Effective Oct 5, 2026
Rate by balance
Rate by balance for Money Market Account Balance APY $2,000 – $20,000Your amount 1.00% $20,000 – $75,000 1.75% $75,000 – $150,000 2.25% $150,000 and up 3.00% Rate checked
More details - Polish-American FCUMoney Market AccountMoney Market Account · $1 min · 0.10%–3.04% by balance
Credit union · 2 branches
1.00%APY$100 a year on $10,000Requirements
Product: Dividends are calculated on daily balance and paid monthly. Requires a $2,500 minimum balance. Deposit accounts insured up to $500,000 (NCUA + ESI).
Effective Oct 5, 2026
Rate by balance
Rate by balance for Money Market Account Balance APY Up to $2,499 0.10% $2,500 – $9,999 0.50% $10,000 – $19,999Your amount 1.00% $20,000 – $49,999 1.76% $50,000 – $99,999 2.02% $100,000 and up 3.04% Rate checked
More details - Service 1 Federal Credit UnionMoney Management AccountMoney Management Account · $2,000 min · 1.00%–2.00% by balance
Credit union · 3 branches
1.00%APY$100 a year on $10,000Requirements
Product: Competitive dividends on balances of $2,000 or more; no dividends earned for any day balance falls below $2,000; accrued dividends not paid if closed before dividends paid; six free automatic, in-branch, or mail withdrawals per month.
Effective Nov 13, 2025
Rate by balance
Rate by balance for Money Management Account Balance APY $2,000 – $20,000Your amount 1.00% $20,000 – $50,000 1.25% $50,000 – $100,000 1.75% $100,000 and up 2.00% Rate checked
More details - 1.00%APY$100 a year on $10,000
1.00% interest rate · No monthly fee
Rate checked
More details - Lake-Osceola State BankMoney Market Demand AccountsMoney Market Demand Accounts · $2,500 min · 1.00%–3.56% by balance
Bank · 12 branches
1.00%APY$100 a year on $10,000Requirements
Product: $2,500 minimum balance to open and maintain; tiered rate of interest paid on balances over $2,500; unlimited withdrawals at any LOSB location; pre-authorized withdrawals or transfers limited to six per month per Federal Regulation D.
Offer: Tier applies to balances < $10,000.00; APY based on monthly compounding of interest; interest paid on balances over $2,500.
1.00% interest rate · Effective Aug 14, 2026
Rate by balance
Rate by balance for Money Market Demand Accounts Balance APY Up to $10,000 1.00% $10,000 – $25,000Your amountAPY based on monthly compounding of interest. 1.00% $25,000 – $50,000APY based on monthly compounding of interest. 1.00% $50,000 – $100,000APY based on monthly compounding of interest. 1.00% $100,000 – $250,000APY based on monthly compounding of interest. 1.51% $250,000 – $500,000APY based on monthly compounding of interest. 2.02% $500,000 – $1,000,000APY based on monthly compounding of interest. 2.53% $1,000,000 and upAPY based on monthly compounding of interest. 3.56% Rate checked
More details - Gerber Federal Credit UnionSuper SavingsSavings · $1,000 min · 0.95%–1.30% by balance
Credit union · 3 branches
1.00%APY$100 a year on $10,000Requirements
Product: Higher dividend earned when maintaining a minimum average balance of $1,000 for the month. Minimum average balance for the month required to earn dividends.
Offer: Minimum average balance for the month to earn dividends.
0.95% interest rate
Rate by balance
Rate by balance for Super Savings Balance APY $1,000 and up 0.95% $5,000 and upYour amount 1.00% $50,000 and up 1.20% $100,000 and up 1.30% Rate checked
More details - 1.00%APY$100 a year on $10,000with conditions
Requirements
Product: Must be linked to Kasasa Cash or Kasasa Cash Back account. Requires $1.00 lifetime membership deposit. Limit 1 account per SSN. Requires at least 1 direct deposit, ACH credit, ACH payment, or bill pay transaction, at least 12 debit card purchases, online banking log in, and e-statements per Monthly Qualification Cycle to earn higher rate tiers.
Offer: When linked Kasasa Cash or Kasasa Cash Back qualifications are not met during Monthly Qualification Cycle; applies to all balances.
Qualified rate · 0.05% interest rate · No monthly fee · Effective Nov 3, 2025
Rate by balance
Rate by balance for Kasasa Saver Balance APY Any balance 0.05% Up to $75,000Your amountWhen linked Kasasa Cash or Kasasa Cash Back qualifications are met during Monthly Qualification Cycle. 1.00% 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