Compare Bank & Credit Union Rates
Best savings rates in Redmond, OR
Compare published savings yields, money market accounts included, with minimums, requirements, collection dates and original sources.
Top savings rates
Showing 1–15 results in Redmond, OR
- 3.82%APY$382 a year on $10,000
Requirements
Product: Offered exclusively online and may be discontinued at any time without notice. Not available in AZ, CA, ID, NV, OR, TX, UT, NM and WA states. Not available for IRAs or business accounts. Variable-rate account; interest compounded daily and credited monthly. Must fund account and provide required documentation within 20 business days of account opening.
Offer: No minimum opening deposit. No monthly account service charge.
3.75% interest rate · Compounded daily · No monthly fee · Effective May 4, 2026
Rate checked
More details - OnPoint Community Credit UnionOnPoint Premium Savings AccountSavings · $0 min · 2.25%–3.75% by balance
Credit union · 1 branch
3.75%APY$375 a year on $10,000with conditionsRequirements
Product: OnPoint Premium Savings account is a sweep account; balances up to the Maximum Program Deposit Amount ($250,000.00) may be swept to NCUA or FDIC insured deposit accounts held at participating Receiving Financial Institutions. Requires qualifying for OnPoint Rewards (10-year membership or 6 qualifying transactions per calendar month in an OnPoint checking account), an active OnPoint Loyalty Savings account, and opt-in through OnPoint Online Banking. One account per member/TIN. All interest is compounded and credited monthly.
Offer: Must qualify for OnPoint Rewards, have an active OnPoint Loyalty Savings account, and opt-in through Online Banking.
Qualified rate · 3.69% interest rate · No monthly fee · Effective Oct 16, 2026
Rate by balance
Rate by balance for OnPoint Premium Savings Account Balance APY Up to $100,000Your amount 3.75% Over $100,000 2.25% Rate checked
More details - 3.25%APY$325 a year on $10,000with conditions
Requirements
Product: Must be opened or funded within five days of opening the associated Share Certificate with terms of 6 months or more; valid for new deposits only. Opening balance $1,000, up to the amount of the companion certificate account. Must maintain a minimum balance of $1,000 to earn dividends. Low balance fee: $10 for balances below $1,000.
Offer: Must be opened or funded within 5 days of opening associated Share Certificate of 6+ months; companion certificate maximum deposit limit applies. Low balance fee of $10 applies if balance falls below $1,000.
Qualified rate · 3.20% interest rate · Effective Apr 1, 2026
Rate checked
More details - SELCO Community Credit UnionCultivate High-Yield SavingsSavings · $0 min · 1.50%–5.00% by balance
Credit union · 2 branches
3.10%APY$310 a year on $10,000with conditionsRequirements
Product: Limit one Cultivate or Vault account per member. No monthly fees or minimum balance required. Balances of $1,000 or more can earn up to an extra 0.50% APY via two 0.25% APY bonus opportunities: deposit at least $100 monthly (0.25% APY bonus), and/or use a SELCO checking account with monthly digital banking login, deposit, and non-deposit transaction (0.25% APY bonus).
Qualified rate · 5.00% interest rate · No monthly fee · Effective Oct 22, 2026
Rate by balance
Rate by balance for Cultivate High-Yield Savings Balance APY Up to $1,000 5.00% $1,000 – $50,000Your amountBase APY. 3.10% $50,000 and upBase APY. 1.50% Rate checked
More details - Columbia BankThrive Money Market SpecialThrive Money Market Special · $10,000 min · 0.05%–2.60% by balance
Bank · 1 branch
2.00%APY$200 a year on $10,000intro rateRequirements
Product: You must make a minimum deposit of $10,000 of qualifying new money or deposit your maturing CD balance into your new account. To qualify for the promotional rate, new money must not have been previously deposited at the bank (with the exception of maturing CD balances). Contact your local branch to open. Interest rate and APY may change after account opening.
Offer: You must make a minimum deposit of $10,000 of qualifying new money or deposit your maturing CD balance into your new account. To qualify for the promotional rate, new money must not have been previously deposited at the bank (with the exception of maturing CD balances). Contact your local branch to open. The interest rate and annual percentage yield may change after account opening.
Promotional rate · 0.05% interest rate
Rate by balance
Rate by balance for Thrive Money Market Special Balance APY Up to $2,500 0.05% $2,500 – $10,000 0.05% $10,000 – $25,000Your amount 2.00% $25,000 – $50,000 2.00% $50,000 – $100,000 2.00% $100,000 – $250,000 2.60% $250,000 and up 2.60% Rate checked
More details - 2.00%APY$200 a year on $10,000with conditions
Requirements
Product: Opening deposit of at least $25 required. Monthly maintenance fee of $5 is waived for owners of a U.S. Bank Smartly Checking account, Safe Debit account, U.S. Bank Smartly Visa Signature Card, or accounts with a minor under age 18. Relationship rates require maintaining an eligible qualifying product and vary by Combined Qualifying Balance (CQB).
Offer: Relationship rate for Combined Qualifying Balance (CQB) under $5,000. Requires an eligible open and in-good-standing account (U.S. Bank Smartly Checking, Safe Debit, or U.S. Bank Smartly Visa Signature Card).
Qualified rate · 1.00% interest rate · $5 monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for U.S. Bank Smartly Savings Balance APY Up to $5,000 1.00% $5,000 – $25,000Your amount 2.00% $25,000 – $50,000 3.50% $50,000 – $100,000 3.50% $100,000 – $99,999,999,999 3.50% Rate checked
More details - 2.00%APY$200 a year on $10,000with conditions
Requirements
Product: Variable rate account. Monthly maintenance fee of $5 is waived for owners of a Bank Smartly Checking account, Safe Debit account, Bank Smartly Visa Signature Card, or accounts with a minor under age 18. Higher relationship rates require maintaining an eligible product (Bank Smartly Checking, Safe Debit account, or Bank Smartly Visa Signature Card) and are determined by Combined Qualifying Balance (CQB).
Offer: Relationship rate for CQB Under $5,000. Requires qualifying relationship product.
Qualified rate · 1.00% interest rate · $5 monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for Bank Smartly Savings Balance APY Up to $5,000 1.00% $5,000 – $25,000Your amountRelationship rate for CQB $5,000 to $24,999.99. 2.00% $25,000 – $50,000Relationship rate for CQB $25,000 to $49,999.99. 3.50% $50,000 – $100,000Relationship rate for CQB $50,000 to $99,999.99. 3.50% $100,000 and upRelationship rate for CQB $100,000 and above. 3.50% Rate checked
More details - SELCO Community Credit UnionMoney MarketMoney Market · $1,000 min · 0.05%–1.50% by balance
Credit union · 2 branches
1.50%APY$150 a year on $10,000Requirements
Product: No penalty if your balance dips below $1,000 (some restrictions apply). No withdrawal penalty.
0.05% interest rate · Effective Oct 14, 2026
Rate by balance
Rate by balance for Money Market Balance APY Up to $1,000 0.05% $1,000 and upYour amount 1.50% Rate checked
More details - Mid Oregon Credit UnionHigh-Yield AccountSavings · $1,000 min · 0.90%–2.25% by balance
Credit union · 1 branch
1.30%APY$130 a year on $10,000Requirements
Product: Variable dividend rate that increases as balance increases. Minimum balance of $1,000 to earn dividends. Dividends paid quarterly.
Offer: Paid quarterly.
0.90% interest rate · Effective Apr 1, 2026
Rate by balance
Rate by balance for High-Yield Account Balance APY $1,000 – $5,000 0.90% $5,000 – $10,000 1.00% $10,000 – $25,000Your amount 1.30% $25,000 – $50,000 1.40% $50,000 – $100,000 1.95% $100,000 – $250,000 2.00% $250,000 and up 2.25% Rate checked
More details - WaFd BankHigh Yield Money MarketHigh Yield Money Market · $25 min · 1.25%–2.00% by balance
Bank · 1 branch
1.25%APY$125 a year on $10,000Requirements
Product: Promotion may be discontinued at any time. Not available for IRAs or business clients.
Offer: $1,000 minimum balance to avoid $10 monthly service charge.
1.24% interest rate · $10 monthly fee · Effective Oct 14, 2026
Rate by balance
Rate by balance for High Yield Money Market Balance APY Up to $89,999Your amount 1.25% $90,000 – $249,999 1.50% $250,000 – $499,999 1.60% $500,000 and up 2.00% Rate checked
More details - SELCO Community Credit UnionInvestor PlusSavings · $10,000 min · 0.00%–2.20% by balance
Credit union · 2 branches
1.20%APY$120 a year on $10,000Requirements
Product: Maintenance and activity fees may apply and could reduce earnings. Requires a $10,000 minimum opening and required balance.
0.00% interest rate · Effective Oct 22, 2026
Rate by balance
Rate by balance for Investor Plus Balance APY Up to $10,000 0.00% $10,000 – $50,000Your amount 1.20% $50,000 – $249,999 1.95% $250,000 and up 2.20% Rate checked
More details - SELCO Community Credit UnionInvestor PlusInvestor Plus · $10,000 min · 0.00%–2.20% by balance
Credit union · 2 branches
1.20%APY$120 a year on $10,000Requirements
Product: Make up to three penalty-free withdrawals per month.
0.00% interest rate · Effective Oct 14, 2026
Rate by balance
Rate by balance for Investor Plus Balance APY Up to $10,000 0.00% $10,000 – $50,000Your amount 1.20% $50,000 – $249,999 1.95% $250,000 and up 2.20% Rate checked
More details - OCCU | Oregon Community Credit UnionMoney Market AccountMoney Market Account · $500 min · 0.50%–1.10% by balance
Credit union · 1 branch
1.00%APY$100 a year on $10,000Requirements
Product: No limit on the number of money market accounts a member can open. In-person withdrawals as often as you want.
Offer: Money Market account APY & rate may change. Fees could reduce earnings. Minimum balances start at $100. Earn on entire savings balance.
Rate by balance
Rate by balance for Money Market Account Balance APY $500 – $5,000 0.50% $5,000 – $250,000Your amount 1.00% $250,000 and up 1.10% Rate checked
More details - SELCO Community Credit UnionMembership Savings / Simple SavingsSavings · $5 min · 0.10%–0.50% by balance
Credit union · 2 branches
0.50%APY$50 a year on $10,000Requirements
Product: Membership Savings requires a $5 minimum balance (refunded if account is closed). No minimum balance required if you have another SELCO account. No account maintenance fees on Simple Savings.
0.10% interest rate · Effective Oct 22, 2026
Rate by balance
Rate by balance for Membership Savings / Simple Savings Balance APY Up to $500 0.10% $500 – $2,500 0.20% $2,500 – $10,000 0.30% $10,000 and upYour amount 0.50% Rate checked
More details - OnPoint Community Credit UnionOnPoint Loyalty Savings AccountSavings · $0 min
Credit union · 1 branch
0.35%APY$35 a year on $10,000with conditionsRequirements
Product: Must qualify for OnPoint Rewards (requires 10-year relationship with OnPoint or 6 qualified transactions in the same checking account during the qualification period). Interest is compounded and credited monthly.
Offer: Must qualify for OnPoint Rewards.
Qualified rate · 0.35% interest rate · No monthly fee · Effective Oct 16, 2026
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 Redmond, OR
42 accounts at 10 banks and credit unions · checked Oct 6–22
- Typical
- 0.10%
- Top 10% from
- 2.00%
- Banks, typical
- 0.05%
- Credit unions, typical
- 0.75%
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Oregon
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