Compare Bank & Credit Union Rates
Best savings rates in Watertown, 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 Watertown, SD
- Sioux Valley Co-op Federal Credit UnionHigh Yield SavingsSavings · $10,000 min
Credit union · 1 branch
2.85%APY$285 a year on $10,000Requirements
Product: Minimum balance of $10,000 required to earn the high interest.
Offer: Interest compounded quarterly. Minimum $10,000 balance required to earn dividend.
Compounded quarterly · Effective Sep 30, 2026
Rate checked
More details - 1.50%APY$150 a year on $10,000
1.50% interest rate · Effective Sep 21, 2026
Rate checked
More details - Area Federal Credit UnionSuper Savings AccountSavings · $0 min · 1.01%–1.26% by balance
Credit union · 1 branch
1.26%APY$126 a year on $10,000Requirements
Product: Dividends earned on average daily balance and paid monthly. No monthly maintenance fees.
No monthly fee
Rate by balance
Rate by balance for Super Savings Account Balance APY Any balance 1.01% $1,000 and upYour amount 1.26% Rate checked
More details - First PREMIER BankPREMIER Money MarketPREMIER Money Market · $500 min · 1.08%–2.52% by balance
Bank · 2 branches
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 - 1.01%APY$101 a year on $10,000
Requirements
Product: Basic membership savings account. Dividends earned on average daily balance and paid monthly. No monthly maintenance fees.
No monthly fee · Effective Oct 1, 2026
Rate checked
More details - 1.00%APY$100 a year on $10,000
Requirements
Product: Interest compounded and credited quarterly. Maintain an average daily balance of $10,000 to avoid $10 service charge. Maximum 6 withdrawals/transfers per month (or 18 per statement cycle). Rates effective February 11, 2019 and subject to change.
Offer: Maintain an average daily balance of $10,000 to avoid $10 service charge. Rate effective February 11, 2019. Balance range stated as $01.-$10,000.
0.10% interest rate · $10 monthly fee · Effective Feb 11, 2019
Rate by balance
Rate by balance for Platinum Savings Balance APY Up to $10,000 0.10% $10,000 and upYour amount 1.00% Rate checked
More details - 0.75%APY$75 a year on $10,000
Requirements
Product: Dividends earned on average daily balance and paid monthly. No monthly maintenance fees.
No monthly fee · Effective Oct 1, 2026
Rate checked
More details - 0.75%APY$75 a year on $10,000
Requirements
Product: $25 monthly service charge avoided by maintaining a minimum balance of $10,000. Earns CD bonus rate (additional 0.10% on 1st term for standard fixed-rate CDs).
Offer: $25 monthly service charge waived with $10,000 minimum balance.
0.75% interest rate · $25 monthly fee · Effective Sep 21, 2026
Rate checked
More details - 0.50%APY$50 a year on $10,000
Requirements
Product: Must open with a minimum deposit of $10,000. Allowed six transactions per month. If balance falls below $10,000 the dividends are forfeited. Dividends are paid on the average balance, posted on the last day of the quarter, and subject to change quarterly. Checks are provided.
0.50% interest rate · Effective Dec 31, 2024
Rate by balance
Rate by balance for Money Market Balance APY $10,000 and upYour amount 0.50% $25,000 and up 0.75% 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 - Sioux Valley Co-op Federal Credit UnionRegular Shares SavingsSavings · $100 min
Credit union · 1 branch
0.45%APY$45 a year on $10,000Requirements
Offer: Interest compounded quarterly. Minimum $100 balance required to earn dividend.
Compounded quarterly · Effective Sep 30, 2026
Rate checked
More details - 0.30%APY$30 a year on $10,000
Requirements
Product: Required account for credit union membership representing ownership. A deposit of $5.00 establishes the account. A deposit of $25.00 or more earns dividends. Dividends paid on daily average balance and posted quarterly.
Offer: A deposit of $25.00 or more will earn dividends. Dividends paid on daily average balance, posted quarterly.
0.30% interest rate · Effective Dec 31, 2024
Rate checked
More details - 0.30%APY$30 a year on $10,000
Requirements
Product: $4 monthly service charge avoided by maintaining a minimum balance of $100. Tiered interest earned each day balance is above $100.
Offer: $4 monthly service charge waived with $100 minimum balance.
0.10% interest rate · $4 monthly fee · Effective Sep 21, 2026
Rate by balance
Rate by balance for Money Market Balance APY $100 and up 0.10% $1,000 and up 0.20% $10,000 and upYour amount 0.30% $25,000 and up 0.40% 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
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 Watertown, SD
26 accounts at 10 banks and credit unions · checked Oct 22
- Typical
- 0.30%
- Top 10% from
- 1.20%
- Banks, typical
- 0.10%
- Credit unions, typical
- 0.50%
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Watertown, SD metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Sioux Valley Co-op Federal Credit UnionCredit union · 1 branch
- Dakotaland Federal Credit UnionCredit union · 1 branch