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 121–135 results in Michigan
- Family Financial Credit UnionHigh Yield Savings AccountSavings · $2,500 min · 0.75%–1.16% by balance
Credit union · 4 branches
1.00%APY$100 a year on $10,000Requirements
Product: Requires a minimum opening deposit of $2,500.00. Dividends will not accrue on balances below $2,500.00. Members must maintain a $5.00 par value share in the credit union. Dividends compounded and credited monthly using the daily balance method.
Offer: Tier balance $2,500 – $4,999.99.
0.75% interest rate · Effective Dec 10, 2025
Rate by balance
Rate by balance for High Yield Savings Account Balance APY $2,500 – $5,000 0.75% $5,000 – $10,000 0.85% $10,000 – $25,000Your amount 1.00% $25,000 and up 1.16% Rate checked
More details - 1.00%APY$100 a year on $10,000with conditions
Requirements
Product: Requires a linked free Kasasa Cash or Kasasa Cash Back checking account. Limit 1 account per Social Security Number / Individual Taxpayer Identification Number.
Offer: Applies to daily balances up to $50,000 when monthly qualification cycle requirements are met on linked Kasasa Cash or Kasasa Cash Back account (at least 12 debit card purchases post and settle, enroll in and log into online banking, enroll in and agree to receive eStatements).
Qualified rate · 1.00% interest rate · No monthly fee · Effective Feb 11, 2026
Rate by balance
Rate by balance for Kasasa Saver Balance APY Up to $50,000Your amount 1.00% $50,000 and up 0.35% Rate checked
More details - 0.97%APY$97 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: Paid on entire balance for daily balance $99,999.99 or less. $3 monthly fee waived on balances of $300 or more.
0.97% interest rate · $3 monthly fee · Effective Jun 10, 2026
Rate by balance
Rate by balance for Direct Savings Balance APY Up to $100,000Your amount 0.97% $100,000 – $250,000 1.08% $250,000 – $500,000 1.29% $500,000 and up 1.41% Rate checked
More details - Wayne Westland Federal Credit UnionStandard Money Market AccountStandard Money Market Account · $2,500 min
Credit union · 1 branch
0.95%APY$95 a year on $10,000Requirements
Product: Dividends paid monthly. No early withdrawal penalties.
Offer: Dividends paid monthly. No early withdrawal penalties.
0.95% interest rate · Effective Oct 1, 2026
Rate checked
More details - 0.92%APY$92 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: Footnote prose rate for daily balance $99,999.99 or less. $3.00 monthly service charge waived if $300.00 minimum balance maintained each day.
0.92% 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 0.92% $100,000 – $250,000 1.03% $250,000 – $500,000 1.24% $500,000 and up 1.36% Rate checked
More details - United Financial Credit UnionMoney Maker PLUS Savings AccountSavings · $1,000 min · 0.90%–2.20% by balance
Credit union · 9 branches
0.90%APY$90 a year on $10,000with conditionsRequirements
Product: Requires e-Statements and an active debit card to earn special rates. Minimum balance of $1,000 required to earn stated APY.
Offer: Requires e-Statements and active debit card. Applies to average daily balance tier of $1,000 to $49,999.99.
Qualified rate · 0.90% interest rate · Effective Aug 19, 2026
Rate by balance
Rate by balance for Money Maker PLUS Savings Account Balance APY $1,000 – $50,000Your amount 0.90% $50,000 – $100,000 1.70% $100,000 – $500,000 1.90% $500,000 and up 2.20% Rate checked
More details - United Financial Credit UnionMoney Maker PLUS Savings AccountMoney Maker PLUS Savings Account · $1,000 min · 0.90%–2.20% by balance
Credit union · 9 branches
0.90%APY$90 a year on $10,000Requirements
Product: Opt for digital E-statements and a debit card over paper checks to unlock better rates.
Offer: Minimum balance to earn APY: $1,000.
0.90% interest rate · Effective Aug 19, 2026
Rate by balance
Rate by balance for Money Maker PLUS Savings Account Balance APY $1,000 – $50,000Your amount 0.90% $50,000 – $100,000 1.70% $100,000 – $500,000 1.90% $500,000 and up 2.20% Rate checked
More details - Diversified Members Credit UnionMoney Market SavingsMoney Market Savings · $2,500 min · 0.85%–2.95% by balance
Credit union · 4 branches
0.85%APY$85 a year on $10,000Requirements
Product: Dividends pay and compound monthly. $2,500 minimum average daily balance required to earn dividends. Monthly limit of six (6) withdrawals per account, after that see the fee schedule. Rates may change after account is opened. Accurate as of effective date. Fees may reduce earnings on the account.
Offer: $2,500 minimum average daily balance required to earn dividends.
Effective Oct 1, 2026
Rate by balance
Rate by balance for Money Market Savings Balance APY $2,500 – $24,999Your amount 0.85% $25,000 – $49,999 1.15% $50,000 – $99,999 1.45% $100,000 – $249,999 1.70% $250,000 – $499,999 1.95% $500,000 – $999,999 2.45% $1,000,000 and up 2.95% Rate checked
More details - INTERNATIONAL UAWMoney MarketMoney Market · $2,500 min · 0.80%–1.20% by balance
Credit union · 1 branch
0.80%APY$80 a year on $10,000Requirements
Product: Dividends compounded and credited monthly. Calculated using the daily balance method. Minimum opening deposit is $2,500.00. Must maintain a minimum daily balance of $2,500.00 each day to obtain the disclosed APY. Limit of 6 transfers/withdrawals per statement period (maximum 3 by check, draft, or debit card). Membership eligibility required.
Offer: Monthly dividends; minimum daily balance of $2,500.00 required each day to obtain disclosed APY.
0.80% interest rate · Effective Sep 30, 2023
Rate by balance
Rate by balance for Money Market Balance APY $2,500 – $49,999Your amount 0.80% $50,000 – $99,999 1.00% $100,000 and up 1.20% Rate checked
More details - 0.75%APY$75 a year on $10,000
Requirements
Product: Every $25 deposited earns prize entries, capped at 100 per month. Prize drawings described; Florida openers/primary Florida-branch transactors ineligible to win. Minimum opening balance is $25.00; minimum balance to earn dividends is $0.00. Dividends compounded and credited monthly.
Offer: 12-Month $0.00 - $24,999.99. Minimum opening balance $25.00; minimum balance to earn dividends $0.00.
0.75% interest rate
Rate by balance
Rate by balance for Save To Win Balance APY Up to $25,000Your amount 0.75% $25,000 and up12-Month $25,000.00 and over. 0.10% Rate checked
More details - Intandem Credit UnionHigh Yield Savings AccountSavings · $1,000 min · 0.75%–2.20% by balance
Credit union · 2 branches
0.75%APY$75 a year on $10,000Requirements
Product: Minimum balance of $1,000 required. Interest accrued daily, credited monthly.
0.75% interest rate · Effective Oct 1, 2026
Rate by balance
Rate by balance for High Yield Savings Account Balance APY $1,000 – $24,999Your amount 0.75% $25,000 – $49,999 1.00% $50,000 – $99,999 1.70% $100,000 and up 2.20% Rate checked
More details - Selfreliance Federal Credit UnionMoney Market AccountsMoney Market Accounts · 0.05%–3.29% by balance
Credit union · 3 branches
0.75%APY$75 a year on $10,000Requirements
Product: Dividends accrue on daily balance, compound monthly and rates may be adjusted monthly. Withdrawals are limited as stated in Truth In Savings disclosure. Requires admission to membership ($5.00 par value share).
0.05% interest rate · Effective Oct 6, 2026
Rate by balance
Rate by balance for Money Market Accounts Balance APY Up to $1,000 0.05% $1,000 – $24,999Your amount 0.75% $25,000 – $74,999 1.26% $75,000 – $249,999 1.76% $250,000 – $499,999 2.27% $500,000 and up 3.29% Rate checked
More details - 0.75%APY$75 a year on $10,000
Requirements
Product: Fees could reduce the earnings on an account
Offer: Fees could reduce the earnings on an account
0.75% interest rate · Effective Oct 5, 2026
Rate checked
More details - Michigan Coastal Credit UnionMONEY MARKETMONEY MARKET · $2,500 min · 0.75%–1.65% by balance
Credit union · 2 branches
0.75%APY$75 a year on $10,000Requirements
Product: Fees may reduce earnings. Rate may change after the account is opened.
Offer: Fees may reduce earnings. Rate may change after the account is opened.
Effective Oct 5, 2026
Rate by balance
Rate by balance for MONEY MARKET Balance APY $2,500 and upYour amount 0.75% $20,000 and up 1.10% $50,000 and up 1.30% $75,000 and up 1.65% Rate checked
More details - Meijer Credit UnionMoney MarketMoney Market · $1,000 min · 0.75%–1.01% by balance
Credit union · 3 branches
0.75%APY$75 a year on $10,000Requirements
Product: Early withdraw penalties may apply, and fees may reduce earning.
0.75% interest rate · Effective Oct 5, 2026
Rate by balance
Rate by balance for Money Market Balance APY $1,000 – $2,500 0.75% $2,500 – $10,000 0.75% $10,000 – $25,000Your amount 0.75% $25,000 – $50,000 0.75% $50,000 – $100,000 1.01% $100,000 and up 1.01% 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%
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
- Chief Financial Credit UnionCredit union · 4 branches
- Meijer Credit UnionCredit union · 3 branches