Compare Bank & Credit Union Rates
Best high-yield savings rates
Compare published savings yields, money market accounts included, with minimums, requirements, collection dates and original sources.
Top savings rates
Showing 91–105 results in Detroit, MI metro
- ABD Federal Credit UnionRegular Share SavingsSavings · 0.05%–0.20% by balance
Credit union · 2 branches
0.20%APY$20 a year on $10,000Requirements
Product: Share Account has $5.00/month service charge on balances below $100.
Rate by balance
Rate by balance for Regular Share Savings Balance APY Any balance 0.05% $100 and upYour amountMinimum to avoid charge is $100.00. 0.20% Rate checked
More details - Chiropractic Federal Credit UnionRegular SharesSavings · $25 min · 0.00%–0.20% by balance
Credit union · 1 branch
0.20%APY$20 a year on $10,000Requirements
Product: Begin membership with a $25.00 deposit into savings account, which must remain on deposit to maintain membership privileges.
0.00% interest rate
Rate by balance
Rate by balance for Regular Shares Balance APY Any balance 0.00% $300 and upYour amountDividend compounded/credited quarterly. 0.20% Rate checked
More details - 0.15%APY$15 a year on $10,000
Requirements
Product: Offers a higher dividend rate while allowing flexible withdrawals. Requires a minimum balance of $2,500 to open. Deposits may be made in any increment.
Offer: Dividends are paid monthly and based on average daily balance.
0.15% interest rate · Effective Sep 1, 2026
Rate checked
More details - Michigan Schools & Government Credit UnionRegular Savings AccountSavings · $5 min
Credit union · 22 branches
0.15%APY$15 a year on $10,000Requirements
Product: $5 minimum balance required to open account and earn advertised APY. Dividends paid quarterly. Required to become a member.
Offer: $5 Minimum Balance Required to open and earn advertised APY. Dividends paid quarterly.
0.15% interest rate · No monthly fee · Effective Oct 5, 2026
Rate checked
More details - Michigan Schools & Government Credit UnionYou-Name-It Savings AccountSavings · $0 min
Credit union · 22 branches
0.15%APY$15 a year on $10,000Requirements
Product: No minimum balance required. No monthly service charge. Dividends paid quarterly. Designed for secondary share personal savings goals.
Offer: No Minimum Balance Required. No monthly service charge. Dividends paid quarterly.
0.15% interest rate · No monthly fee · Effective Oct 5, 2026
Rate checked
More details - 0.15%APY$15 a year on $10,000
Requirements
Offer: Regular Share Savings Dividend Rate only applies to balances over $100. Dividends paid quarterly.
0.15% interest rate · Effective Oct 5, 2026
Rate checked
More details - 0.15%APY$15 a year on $10,000
Requirements
Product: Separate accounts established by members who wish to save for a wedding, the holidays, a special event, or even a rainy day fund.
Offer: Special Savings Dividend Rate only applies to balances over $100. Dividends paid quarterly.
0.15% interest rate · Effective Oct 5, 2026
Rate checked
More details - Downriver Community Federal Credit UnionHigh-Yield SavingsSavings · $0 min · 0.15%–0.45% by balance
Credit union · 3 branches
0.15%APY$15 a year on $10,000Requirements
Product: Interest is calculated using average monthly balance. Dividends are paid monthly. A minimum balance of $2,000 is required to earn dividends.
Offer: A minimum balance of $2,000 is required to earn dividends.
0.15% interest rate · Effective Oct 5, 2026
Rate by balance
Rate by balance for High-Yield Savings Balance APY Up to $24,999Your amount 0.15% $25,000 – $99,999 0.30% $100,000 and up 0.45% Rate checked
More details - 0.15%APY$15 a year on $10,000
0.15% interest rate · Effective Oct 5, 2026
Rate checked
More details - Alliance Catholic Credit UnionMoney Market Savings AccountMoney Market Savings Account · $0 min · 0.00%–0.30% by balance
Credit union · 12 branches
0.15%APY$15 a year on $10,000Requirements
Product: There's no minimum balance required to open it. Limit of up to six (6) electronic transfers per month. Dividends are compounded and paid monthly.
Offer: Average Daily Balance Required to Earn Dividends: $0.00 – $2,499.99. Dividend Frequency: Monthly.
0.00% interest rate · Effective Oct 5, 2026
Rate by balance
Rate by balance for Money Market Savings Account Balance APY Up to $2,500 0.00% $2,500 – $20,000Your amount 0.15% $20,000 – $75,000 0.20% $75,000 – $100,000 0.25% $100,000 and up 0.30% Rate checked
More details - Blue Water Federal Credit UnionSpecial SavingsSavings · 0.10%–0.15% by balance
Credit union · 1 branch
0.15%APY$15 a year on $10,000Requirements
Product: No minimum balance required. Interest paid quarterly.
Offer: Quarterly interest. To be paid 10/1/2026.
0.10% interest rate · Effective Sep 22, 2026
Rate by balance
Rate by balance for Special Savings Balance APY Up to $200 0.10%* $200 and upYour amount 0.15%* Rate checked
More details - Blue Water Federal Credit UnionRegular SavingsSavings · $5 min · 0.10%–0.15% by balance
Credit union · 1 branch
0.15%APY$15 a year on $10,000Requirements
Product: Required minimum balance of $5.00 for share in credit union and membership. Interest paid quarterly.
Offer: Quarterly interest. To be paid 10/1/2026.
0.10% interest rate · Effective Sep 22, 2026
Rate by balance
Rate by balance for Regular Savings Balance APY Up to $200 0.10%* $200 and upYour amount 0.15%* Rate checked
More details - 0.15%APY$15 a year on $10,000
Requirements
Offer: Interest earned on balances of any size. Balances that fall below $200 incur a $4 monthly service fee. Two withdrawals per monthly statement cycle, thereafter $2 per withdrawal.
0.15% interest rate · $4 monthly fee
Rate checked
More details - Southeast Michigan State EFCURegular SharesSavings · $100 min · 0.05%–0.15% by balance
Credit union · 1 branch
0.15%APY$15 a year on $10,000Requirements
Product: Start with an initial deposit of $25 representing share in the credit union to become a member and keep account open. Maintain an average daily balance of $100 or more to avoid maintenance fees.
0.05% interest rate
Rate by balance
Rate by balance for Regular Shares Balance APY $100 – $500 0.05% $500 and upYour amount 0.15% Rate checked
More details - Independent BankRelationship Money Market AccountRelationship Money Market Account · $0 min · 0.06%–2.17% by balance
Bank · 9 branches
0.12%APY$12 a year on $10,000with conditionsRequirements
Offer: With a Checking Relationship with Independent Bank
Qualified rate · 0.06% interest rate · Effective Oct 14, 2026
Rate by balance
Rate by balance for Relationship Money Market Account Balance APY Up to $9,999 0.06% $10,000 – $24,999Your amount 0.12% $25,000 – $49,999 0.50% $50,000 – $99,999 1.11% $100,000 – $249,999 1.61% $250,000 and up 2.17% 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
* APY calculated from the stated interest rate. Daily compounding is assumed when the institution does not state it.
What savings accounts pay in Detroit, MI metro
228 accounts at 80 banks and credit unions · checked Oct 16–22
- Typical
- 0.10%
- Top 10% from
- 1.43%
- Banks, typical
- 0.07%
- Credit unions, typical
- 0.10%
Is your bank paying you enough?
Find your bank or credit union to see all its rates and how they compare near you.
Detroit, MI metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Chief Financial Credit UnionCredit union · 4 branches
- Extra Credit UnionCredit union · 2 branches
- Christian Financial Credit UnionCredit union · 12 branches