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 16–19 results in Effingham, IL metro
- Midland States BankMoney Market Account (MMA)Money Market Account (MMA) · $2,500 min · 0.07%–0.16% by balance
Bank · 1 branch
0.07%APY$7 a year on $10,000with conditionsRequirements
Product: $15 monthly service charge is waived with a daily balance of $2,500. Minimum daily balance to earn interest is $0.01.
Offer: Standard APY. Monthly fee of $15 is waived with a $2,500 daily balance.
Qualified rate · $15 monthly fee · Effective Sep 1, 2026
Rate by balance
Rate by balance for Money Market Account (MMA) Balance APY Up to $10,000 0.07% $10,000 – $25,000Your amount 0.07% $25,000 – $250,000 0.10% $250,000 – $1,000,000 0.13% $1,000,000 and up 0.16% Rate checked
More details - 0.05%APY$5 a year on $10,000
Requirements
Product: Interest earned on the full daily balance with no stated tiers. Variable rate may change after opening. Fees could reduce earnings. $2 paper statement fee per cycle waived for age 50+ or eStatements.
Offer: Daily balances of $0 or more. Rates current as of today's date; interest rate and APY may change after account opening. Fees could reduce earnings. Interest earned on daily balance; variable rate subject to change at First Mid's discretion.
0.05% interest rate · No monthly fee
Rate checked
More details - 0.02%APY$2 a year on $10,000
Requirements
Product: Transfers/withdrawals limited to 6 per month ($10.00 fee per excess transfer). Free account (no regular monthly maintenance fee stated).
Offer: Standard opening deposit is $100.00; minimum opening deposit for customers under the age of 18 is $25.00.
No monthly fee
Rate checked
More details - 0.01%APY$1 a year on $10,000with conditions
Requirements
Product: Businesses are not eligible. Minimum balance required to open is $100. Monthly auto transfer required. Rates are based if monthly qualifications are met: 1 ACH Debit, 12 Debit Card transactions post and clear, Receive e-statement. Maximum deposit $200,000.
Offer: Base rate and APY if monthly qualifications are not met.
Qualified rate · 0.01% interest rate · Effective Oct 6, 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 Effingham, IL metro
19 accounts at 9 banks and credit unions · checked Oct 16–17
- Typical
- 0.15%
- Top 10% from
- 1.40%
- Banks, typical
- 0.15%
- Credit unions, typical
- 0.77%
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Illinois
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Bloomington Municipal Credit UnionCredit union · 1 branch
- First Community Credit UnionCredit union · 7 branches
- Acme Continental Credit UnionCredit union · 1 branch