Compare Bank & Credit Union Rates
Best savings rates in Madison, SD
Compare published savings yields, money market accounts included, with minimums, requirements, collection dates and original sources.
Top savings rates
Showing 1–15 results in Madison, SD
- First PREMIER BankPREMIER Money MarketPREMIER Money Market · $500 min · 1.08%–2.52% by balance
Bank · 1 branch
1.14%APY$114 a year on $10,000Requirements
Product: Tiered variable interest rate. Rates may change after account opening. Fees could reduce earnings. $500 minimum opening balance. Withdrawal limitations apply.
1.08% interest rate · Effective Oct 1, 2026
Rate by balance
Rate by balance for PREMIER Money Market Balance APY Up to $10,000 1.08% $10,000 – $25,000Your amount 1.14% $25,000 – $50,000 1.26% $50,000 – $100,000 1.36% $100,000 – $250,000 1.66% $250,000 – $500,000 1.76% $500,000 – $1,000,000 2.52% $1,000,000 and up 2.52% Rate checked
More details - BankWestMoney Market AccountMoney Market Account · $1,000 min · 0.15%–3.25% by balance
Bank · 1 branch
0.70%APY$70 a year on $10,000Requirements
Product: No minimum balance charges. Limited to 10 debit transactions per statement cycle; $10.00 fee per debit transaction in excess of 10. Personal loan discount with automatic payment from BankWest deposit account.
Effective Jan 1, 2026
Rate by balance
Rate by balance for Money Market Account Balance APY Up to $1,000 0.15% $1,000 – $10,000 0.20% $10,000 – $50,000Your amount 0.70% $50,000 – $100,000 0.80% $100,000 – $300,000 1.25% $300,000 – $500,000 1.75% $500,000 – $1,000,000 2.25% $1,000,000 – $2,000,000 2.75% $2,000,000 and up 3.25% Rate checked
More details - Dakotaland Federal Credit UnionInvestor's Choice AccountsSavings · $500 min · 0.50%–3.00% by balance
Credit union · 1 branch
0.50%APY$50 a year on $10,000Requirements
Product: Gives flexibility to invest money at a higher rate without locking into a term. No minimum to open your account. With a deposit as low as $500 you will begin earning dividends. Minimum balance required for an Investor's Choice Account is $500.00.
Offer: Compounded monthly.
0.50% interest rate · Compounded monthly · No monthly fee · Effective Sep 1, 2026
Rate by balance
Rate by balance for Investor's Choice Accounts Balance APY $500 – $24,999Your amount 0.50% $25,000 and up 0.60% $50,000 and up 0.75% $100,000 and up 1.00% $250,000 and up 1.25% $500,000 and up 2.50% $750,000 and up 3.00% Rate checked
More details - Dakotaland Federal Credit UnionInvestor's ChoiceInvestor's Choice · $500 min · 0.50%–3.00% by balance
Credit union · 1 branch
0.50%APY$50 a year on $10,000Requirements
Product: Minimum balance required for an Investor's Choice Account is $500.00 to earn dividends. There is no minimum to open the account.
Offer: Compounded monthly
0.50% interest rate · Compounded monthly · Effective Sep 1, 2026
Rate by balance
Rate by balance for Investor's Choice Balance APY $500 – $24,999Your amount 0.50% $25,000 and up 0.60% $50,000 and up 0.75% $100,000 and up 1.00% $250,000 and up 1.25% $500,000 and up 2.50% $750,000 and up 3.00% Rate checked
More details - 0.25%APY$25 a year on $10,000
0.25% interest rate · Effective Sep 28, 2026
Rate checked
More details - 0.15%APY$15 a year on $10,000
Requirements
Product: Online applications restricted to residents of South Dakota, Iowa, Nebraska, or Minnesota; in-person opening available at bank locations.
Offer: Variable rate; interest rate and annual percentage yield may change after account opening. Fees could reduce earnings.
0.15% interest rate · Effective Oct 1, 2026
Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: $5 monthly service charge waived if a $200 minimum daily balance is maintained in the month, or for clients under 24 years of age. $10 fee for excess withdrawals over 6 per month.
0.05% interest rate · $5 monthly fee · Effective Sep 28, 2026
Rate by balance
Rate by balance for Regular Savings Balance APY Up to $10,000 0.05% $10,000 – $50,000Your amount 0.10% $50,000 and up 0.25% Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: Maintain a $5 account balance and make a minimum of one transaction a year to become a member for life.
Offer: Compounded monthly. Minimum to earn dividend is $100 and above.
Compounded monthly · No monthly fee · Effective Sep 1, 2026
Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: Personalize your account by selecting a name which will appear on your statement to track progress toward savings goals. No minimum balance to open your account.
Offer: Compounded monthly. Earn dividends on balances of $100 or more.
Compounded monthly · No monthly fee · Effective Sep 1, 2026
Rate checked
More details - 0.05%APY$5 a year on $10,000with conditions
Requirements
Product: Requires linked Kasasa Cash or Kasasa Cash Back checking account and meeting monthly qualification cycle requirements (at least 12 debit card purchases, at least 1 direct deposit/ACH, and enrolled in e-Statements) to earn qualifying rates. If qualifications are not met, non-qualifying rate applies. No monthly maintenance fee. No minimum balance required to earn rewards. Minimum opening deposit $0.
Offer: Non-qualifying base rate when qualifications on linked Kasasa checking account are not met. Applies to entire average daily balance.
Qualified rate · 0.05% interest rate · No monthly fee · Effective Apr 7, 2026
Rate checked
More details - 0.05%APY$5 a year on $10,000with conditions
Requirements
Product: Savings with check-writing capability. $12 monthly service fee can be avoided with a $3,500 minimum daily balance each fee period. Relationship rates require linking to an eligible checking account (such as Prime Checking or Premier Checking).
Offer: Relationship rate; requires linking to a Premier Checking account. $12 monthly service fee avoided with $3,500 minimum daily balance.
Qualified rate · 0.05% interest rate · $12 monthly fee · Effective Oct 10, 2026
Rate by balance
Rate by balance for Wells Fargo Platinum Savings Balance APY Any balanceYour amount 0.05% $25,000 and upPromotional rate accurate as of 2026-10-07 for new Platinum Savings accounts for customers who do not have an existing Wells Fargo consumer savings account (or ownership in past 30 days). $12 monthly fee avoided with $3,500 minimum daily balance. 3.25% Rate checked
More details - 0.02%APY$2 a year on $10,000with conditions
Requirements
Product: Savings with check-writing capability. $12 monthly service fee can be avoided with a $3,500 minimum daily balance each fee period. Relationship rates require linking to an eligible checking account (such as Prime Checking or Premier Checking).
Offer: Relationship rate; requires linking to a Prime Checking account. $12 monthly service fee avoided with $3,500 minimum daily balance.
Qualified rate · 0.02% interest rate · $12 monthly fee · Effective Oct 10, 2026
Rate checked
More details - 0.01%APY$1 a year on $10,000
Requirements
Product: Standard savings account. $5 monthly service fee can be avoided with $300 minimum daily balance, 1 automatic transfer of $25+ each fee period from linked Wells Fargo checking, 1 automatic transfer of $1+ each business day from linked checking, 1+ Save As You Go transfers from linked checking, or if the primary account owner is 24 years old or under.
Offer: Standard rate. Fee waived with $300 minimum daily balance, 1 automatic transfer of $25+ per fee period, 1 daily automatic transfer of $1+ each business day, 1+ Save As You Go transfer, or primary owner age 24 or under.
0.01% interest rate · $5 monthly fee · Effective Oct 10, 2026
Rate checked
More details - 0.01%APY$1 a year on $10,000with conditions
Requirements
Product: Savings with check-writing capability. $12 monthly service fee can be avoided with a $3,500 minimum daily balance each fee period. Relationship rates require linking to an eligible checking account (such as Prime Checking or Premier Checking).
Offer: Standard rate. $12 monthly service fee avoided with $3,500 minimum daily balance.
Qualified rate · 0.01% interest rate · $12 monthly fee · Effective Oct 10, 2026
Rate checked
More details - 0.01%APY$1 a year on $10,000
0.01% interest rate · Effective Sep 28, 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 Madison, SD
15 accounts at 6 banks and credit unions · checked Oct 22
- Typical
- 0.10%
- Top 10% from
- 0.62%
- Banks, typical
- 0.08%
- Credit unions, typical
- 0.10%
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South Dakota
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- San Diego Firefighters Federal Credit UnionCredit union · 1 branch
- Voyage Federal Credit UnionCredit union · 4 branches
- Sioux Valley Co-op Federal Credit UnionCredit union · 1 branch