Compare Bank & Credit Union Rates
Best savings rates in Rochester, MN
Compare published savings yields, money market accounts included, with minimums, requirements, collection dates and original sources.
Top savings rates
Showing 16–30 results in Rochester, MN
- First Alliance Credit UnionPersonal Money Market AccountsPersonal Money Market Accounts · $2,000 min · 1.10%–2.70% by balance
Credit union · 2 branches
1.10%APY$110 a year on $10,000Requirements
Product: Requires a minimum opening deposit of $2,000. Monthly fee assessed if balance falls below $2,000 minimum balance.
1.09% interest rate · Effective Jul 1, 2026
Rate by balance
Rate by balance for Personal Money Market Accounts Balance APY $2,000 – $20,000Your amount 1.10% $20,000 – $50,000 1.50% $50,000 – $100,000 1.80% $100,000 – $250,000 2.10% $250,000 and up 2.70% Rate checked
More details - Blaze Credit UnionMoney MarketMoney Market · $2,500 min · 1.05%–3.30% by balance
Credit union · 1 branch
1.05%APY$105 a year on $10,000Requirements
Product: Tiered dividends paid monthly. Minimum balance of $2,500 required to open and to avoid monthly minimum balance fee.
Offer: Minimum opening deposit of $2,500 required; $2,500 minimum daily balance to avoid monthly fee; minimum balance to earn stated APY is $0.01; receive 2 free withdrawals per monthly statement cycle at non-proprietary ATMs.
1.05% interest rate · Effective Sep 28, 2026
Rate by balance
Rate by balance for Money Market Balance APY Up to $10,000 1.05% $10,000 – $20,000Your amount 1.05% $20,000 – $50,000 1.05% $50,000 – $100,000 1.05% $100,000 – $250,000 1.65% $250,000 – $500,000 2.05% $500,000 – $1,000,000 2.80% $1,000,000 and up 3.30% Rate checked
More details - 1.00%APY$100 a year on $10,000
Requirements
Product: Rate is variable and subject to change after account opening. $10 monthly service charge waived with a $2,000 minimum daily balance. Six free transactions per monthly statement cycle ($10 per additional transaction).
Offer: $10 monthly service charge waived with a $2,000 minimum daily balance.
0.50% interest rate · $10 monthly fee · Effective Oct 1, 2026
Rate by balance
Rate by balance for Money Market Balance APY Up to $9,999 0.50% $10,000 – $99,999Your amount 1.00% $100,000 – $499,999 1.46% $500,000 – $999,999 1.76% $1,000,000 – $9,999,999 2.53% $10,000,000 and up 2.53% Rate checked
More details - Wings Credit UnionMoney Market SavingsMoney Market Savings · $2,500 min · 0.10%–1.60% by balance
Credit union · 1 branch
0.60%APY$60 a year on $10,000Requirements
Product: Membership required. Insured by NCUA. Minimum actual balance required to open is $2,500. Pay no monthly fees or minimum balance fee.
0.10% interest rate · No monthly fee · Effective Oct 2, 2026
Rate by balance
Rate by balance for Money Market Savings Balance APY Up to $2,500 0.10% $2,500 – $10,000 0.15% $10,000 – $25,000Your amount 0.60% $25,000 – $50,000 0.80% $50,000 – $100,000 1.00% $100,000 – $250,000 1.30% $250,000 and up 1.60% Rate checked
More details - Merchants BankDiamond Money MarketDiamond Money Market · $5,000 min · 0.25%–3.20% by balance
Bank · 2 branches
0.55%APY$55 a year on $10,000Requirements
Product: $5,000 minimum daily balance required to avoid $10 monthly fee. 6 withdrawals allowed per month ($10 fee per withdrawal over 6).
$10 monthly fee · Effective Apr 16, 2026
Rate by balance
Rate by balance for Diamond Money Market Balance APY Up to $5,000 0.25% $5,000 – $25,000Your amount 0.55% $25,000 – $50,000 1.00% $50,000 – $100,000 1.30% $100,000 – $200,000 2.00% $200,000 – $1,000,000 2.25% Over $1,000,000 3.20% Rate checked
More details - Associated BankAssociated Select Money MarketAssociated Select Money Market · $1,000 min
Bank · 3 branches
0.50%APY$50 a year on $10,000with conditionsRequirements
Product: Features tiered interest rates and enhanced rate tiers when combined with qualifying Associated Choice Checking relationship tiers (Platinum Choice, Emerald Choice, Emerald Private Choice). Monthly maintenance fee of $16 is waived with a minimum daily balance of $1,000.
Offer: Platinum Choice enhanced rate tier. Requires meeting and maintaining Platinum Choice benefit tier qualifications on an Associated Choice Checking account. $16 monthly maintenance fee waived with a minimum daily balance of $1,000.
Qualified rate · 0.50% interest rate · $16 monthly fee · Effective Oct 5, 2026
Rate checked
More details - 0.50%APY$50 a year on $10,000
Requirements
Product: Available to MN, WI, IL, & TX residents only. Personal and UTMA accounts only; joint account holder age 18 or over required on minor accounts. One account per primary account holder per participating credit union. $25 minimum opening deposit and $25 minimum balance required. Earn prize-drawing entries for every $25 increase (up to 6 entries per month) for 12-month savings period.
Rate checked
More details - 0.40%APY$40 a year on $10,000
Requirements
Product: No minimum balance requirement. No monthly service fees. Interest is earned on average monthly balance. If the combined balance of a deposit relationship in savings or money market accounts exceeds $5,000,000.00, balances exceeding $5,000,000.00 will be transferred to an interest bearing checking account. A non-interest savings account option is also available. Available to individuals who live or work in Minnesota, or have an open and active account with Think Bank.
Offer: Variable interest rate. Interest is earned on average monthly balance.
0.30% interest rate · No monthly fee · Effective Oct 1, 2026
Rate by balance
Rate by balance for Savings Balance APY Up to $2,500 0.30% $2,500 – $10,000 0.30% $10,000 – $20,000Your amount 0.40% $20,000 – $5,000,000 0.40% Rate checked
More details - 0.35%APY$35 a year on $10,000
Requirements
Product: Must deposit and maintain minimum daily balance of $200. Minimum withdrawal is $25.00.
No monthly fee · Effective Jun 1, 2022
Rate by balance
Rate by balance for Regular Savings Balance APY $200 – $1,000 0.15% $1,000 – $2,500 0.20% $2,500 – $25,000Your amount 0.35% $25,000 and up 0.50% Rate checked
More details - 0.30%APY$30 a year on $10,000
Requirements
Product: Prize-linked savings account offering chances to win monthly, quarterly, holiday, and annual cash drawings.
0.30% interest rate · Effective Jul 1, 2026
Rate checked
More details - 0.30%APY$30 a year on $10,000
Requirements
Product: No monthly service fees or charges. No minimum balance requirement.
0.30% interest rate · No monthly fee · Effective Jul 1, 2026
Rate checked
More details - 0.25%APY$25 a year on $10,000
Requirements
Product: Quarterly fee of $8 applies if minimum daily balance of $1,000 is not maintained. 12 withdrawals allowed per quarter ($2 per withdrawal over 12).
Offer: Minimum opening deposit of $1,000. $8 quarterly fee if $1,000 daily balance is not maintained.
Effective Apr 16, 2026
Rate checked
More details - Associated BankAssociated Select Money MarketAssociated Select Money Market · $1,000 min
Bank · 3 branches
0.25%APY$25 a year on $10,000with conditionsRequirements
Product: Features tiered interest rates and enhanced rate tiers when combined with qualifying Associated Choice Checking relationship tiers (Platinum Choice, Emerald Choice, Emerald Private Choice). Monthly maintenance fee of $16 is waived with a minimum daily balance of $1,000.
Offer: Standard rate tier. $16 monthly maintenance fee waived with a minimum daily balance of $1,000.
Qualified rate · 0.25% interest rate · $16 monthly fee · Effective Oct 5, 2026
Rate checked
More details - 0.25%APY$25 a year on $10,000
Requirements
Offer: $200 minimum balance to avoid monthly service charge of $5 if below minimum daily balance any day during statement cycle.
$5 monthly fee · Effective May 1, 2026
Rate checked
More details - Mayo Employees Federal Credit UnionSavingsSavings · $5 min · 0.05%–0.30% by balance
Credit union · 6 branches
0.20%APY$20 a year on $10,000Requirements
Product: Must keep a balance of $5 in savings to retain MEFCU membership. No monthly fee. Dividend-bearing, compounded and paid quarterly. Rate may change after account is opened. Insured up to $400,000. Sub-savings accounts available for specific goals.
Offer: Variable dividend rate of 0.05% (0.05% APY) for balances $0 - $2,499.99. Minimum $5 balance required to maintain membership.
0.05% interest rate · No monthly fee · Effective Oct 16, 2026
Rate by balance
Rate by balance for Savings Balance APY Up to $2,500 0.05% $2,500 – $20,000Your amount 0.20% $20,000 and up 0.30% 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 Rochester, MN
54 accounts at 17 banks and credit unions · checked Oct 15–22
- Typical
- 0.25%
- Top 10% from
- 2.28%
- Banks, typical
- 0.25%
- Credit unions, typical
- 0.25%
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Rochester, MN metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Altra Federal Credit UnionCredit union · 2 branches
- Luminate BankBank · 1 branch
- Foresight BankBank · 3 branches