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 16–30 results in Rochester, MN metro
- Mayo Employees Federal Credit UnionMoney MarketMoney Market · $2,500 min · 1.15%–2.30% by balance
Credit union · 6 branches
1.45%APY$145 a year on $10,000Requirements
Product: Minimum deposit to open is $2,500. Minimum balance required to earn stated rate is $2,500, otherwise the regular savings rate applies. Allows four withdrawals each month with a minimum withdrawal of $500. Dividends are compounded and paid quarterly. Rate may change after account is opened.
Offer: Rate may change after account is opened.
1.14% interest rate · Effective Oct 5, 2026
Rate by balance
Rate by balance for Money Market Balance APY $2,500 – $10,000 1.15% $10,000 – $20,000Your amount 1.45% $20,000 – $50,000 1.85% $50,000 – $100,000 2.00% $100,000 and up 2.30% Rate checked
More details - 1.25%APY$125 a year on $10,000
Requirements
Product: Consumer accounts may be opened by existing customers, or new customers who live or work in Minnesota. No minimum balance requirement. No monthly service fees. Interest is earned on average monthly balances of $5,000 and higher. If combined deposit relationship balance in savings or money market accounts exceeds $15,000,000.00, balances exceeding $15,000,000.00 will be transferred to an interest bearing checking account.
Offer: Interest earned on average monthly balance. Variable rate. No minimum balance requirement. No monthly service fees.
1.24% interest rate · No monthly fee · Effective Oct 1, 2026
Rate by balance
Rate by balance for Money Market Balance APY $5,000 – $20,000Your amount 1.25% $20,000 – $50,000 1.50% $50,000 – $100,000 1.75% $100,000 – $5,000,000 2.00% Rate checked
More details - 1.16%APY$116 a year on $10,000
Requirements
Product: Interest compounded and credited monthly. A service charge of $5.00 is imposed each monthly statement cycle if average ledger balance falls below $1,000.00 (fee waived for under age 18, or if combined deposit balance is at least $1,000.00 or loan balance is at least $20,000.00).
1.10% interest rate
Rate by balance
Rate by balance for High-Interest Savings Balance APY Up to $10,000 1.11% $10,000 – $40,000Your amount 1.16% $40,000 and up 1.21% Rate checked
More details - 1.15%APY$115 a year on $10,000
Requirements
Product: Interest compounded and credited quarterly. Minimum balance of $50.00 to avoid $3.00 quarterly service charge (fee waived for under age 18, or if combined deposit balance is at least $1,000.00 or loan balance is at least $20,000.00).
1.10% interest rate
Rate by balance
Rate by balance for Foresight Savings Balance APY Up to $10,000 1.10% $10,000 – $40,000Your amount 1.15% $40,000 and up 1.21% Rate checked
More details - First Alliance Credit UnionPersonal Money Market AccountsPersonal Money Market Accounts · $2,000 min · 1.10%–2.70% by balance
Credit union · 5 branches
1.10%APY$110 a year on $10,000Requirements
Product: Requires a minimum opening deposit of $2,000. Monthly fee assessed if balance falls below $2,000 minimum balance.
1.09% interest rate · Effective Jul 1, 2026
Rate by balance
Rate by balance for Personal Money Market Accounts Balance APY $2,000 – $20,000Your amount 1.10% $20,000 – $50,000 1.50% $50,000 – $100,000 1.80% $100,000 – $250,000 2.10% $250,000 and up 2.70% Rate checked
More details - Blaze Credit UnionMoney MarketMoney Market · $2,500 min · 1.05%–3.30% by balance
Credit union · 1 branch
1.05%APY$105 a year on $10,000Requirements
Product: Tiered dividends paid monthly. Minimum balance of $2,500 required to open and to avoid monthly minimum balance fee.
Offer: Minimum opening deposit of $2,500 required; $2,500 minimum daily balance to avoid monthly fee; minimum balance to earn stated APY is $0.01; receive 2 free withdrawals per monthly statement cycle at non-proprietary ATMs.
1.05% interest rate · Effective Sep 28, 2026
Rate by balance
Rate by balance for Money Market Balance APY Up to $10,000 1.05% $10,000 – $20,000Your amount 1.05% $20,000 – $50,000 1.05% $50,000 – $100,000 1.05% $100,000 – $250,000 1.65% $250,000 – $500,000 2.05% $500,000 – $1,000,000 2.80% $1,000,000 and up 3.30% Rate checked
More details - 1.00%APY$100 a year on $10,000
Requirements
Product: Rate is variable and subject to change after account opening. $10 monthly service charge waived with a $2,000 minimum daily balance. Six free transactions per monthly statement cycle ($10 per additional transaction).
Offer: $10 monthly service charge waived with a $2,000 minimum daily balance.
0.50% interest rate · $10 monthly fee · Effective Oct 1, 2026
Rate by balance
Rate by balance for Money Market Balance APY Up to $9,999 0.50% $10,000 – $99,999Your amount 1.00% $100,000 – $499,999 1.46% $500,000 – $999,999 1.76% $1,000,000 – $9,999,999 2.53% $10,000,000 and up 2.53% Rate checked
More details - 1.00%APY$100 a year on $10,000with conditions
Requirements
Product: Must link to a free Kasasa Cash or Kasasa Cash Back checking account to open and receive automatic transfer of checking cash rewards/earnings. Limit 1 account per SSN.
Offer: Requires meeting Kasasa Cash or Kasasa Cash Back monthly qualification cycle requirements (e.g. eStatements, online banking logons, direct deposit/ACH or required debit card transactions).
Qualified rate · 1.00% interest rate · No monthly fee · Effective Sep 24, 2026
Rate by balance
Rate by balance for Free Kasasa Saver Balance APY Up to $50,000Your amount 1.00% Over $50,000 0.50%* Rate checked
More details - 1.00%APY$100 a year on $10,000intro rate
Requirements
Product: Variable Rate Accounts - Rate may change after account opening. Fees may reduce earnings.
Offer: Variable Rate Accounts - Rate may change after account opening.
Promotional rate · Effective Aug 18, 2026
Rate by balance
Rate by balance for Money Market Balance APY Up to $2,499 0.35% $2,500 – $24,999Your amount 1.00% $25,000 – $49,999 1.41% $50,000 and up 1.56% Rate checked
More details - Peoples State BankPeoples Preferred SavingsSavings · $1,000 min · 0.00%–3.51% by balance
Bank · 2 branches
0.90%APY$90 a year on $10,000Requirements
Product: Tiered interest rates. Interest calculated daily and paid monthly. 6 free withdrawals per month.
0.00% interest rate · No monthly fee · Effective Sep 24, 2026
Rate by balance
Rate by balance for Peoples Preferred Savings Balance APY Up to $1,000 0.00% $1,000 – $7,500 0.50% $7,500 – $50,000Your amount 0.90% $50,000 – $100,000 1.21% $100,000 – $200,000 1.51% $200,000 – $500,000 1.76% $500,000 – $1,000,000 2.32% $1,000,000 – $5,000,000 3.20% $5,000,000 and up 3.51% Rate checked
More details - BMOGrowth Money Market AccountGrowth Money Market Account · $25 min · 0.55%–3.01% by balance
Bank · 1 branch
0.80%APY$80 a year on $10,000with conditionsRequirements
Product: $10 monthly maintenance fee is waived for 60 days after account opening or if you hold a minimum daily balance of $5,000. Requires a $25 minimum opening deposit. Variable rate account.
Offer: Relationship rate (Amplify your APY) for balances less than $5,000. Requires being an Account Owner of both a Growth Money Market account and a BMO Relationship Checking account with qualifying activities.
Qualified rate · $10 monthly fee · Effective Oct 16, 2026
Rate by balance
Rate by balance for Growth Money Market Account Balance APY Up to $5,000 0.55% $5,000 – $25,000Your amount 0.80% $25,000 – $100,000 1.16% $100,000 – $250,000 2.21% $250,000 and up 3.01% Rate checked
More details - 0.65%APY$65 a year on $10,000
Requirements
Product: Interest calculated daily and credited each statement cycle. 6 free withdrawals per month or 18 free withdrawals per quarter; $1 fee per withdrawal in excess thereafter (unlimited via ATM or online banking transfers).
Offer: Ways to avoid $5 monthly fee: Maintain a $100 average daily balance, or consolidate checking and savings accounts to one monthly statement.
0.65% interest rate · $5 monthly fee · Effective Sep 24, 2026
Rate checked
More details - Wings Credit UnionMoney Market SavingsMoney Market Savings · $2,500 min · 0.10%–1.60% by balance
Credit union · 1 branch
0.60%APY$60 a year on $10,000Requirements
Product: Membership required. Insured by NCUA. Minimum actual balance required to open is $2,500. Pay no monthly fees or minimum balance fee.
0.10% interest rate · No monthly fee · Effective Oct 2, 2026
Rate by balance
Rate by balance for Money Market Savings Balance APY Up to $2,500 0.10% $2,500 – $10,000 0.15% $10,000 – $25,000Your amount 0.60% $25,000 – $50,000 0.80% $50,000 – $100,000 1.00% $100,000 – $250,000 1.30% $250,000 and up 1.60% Rate checked
More details - Forward BankCharitable Money Market Account (CMMA)Charitable Money Market Account (CMMA) · $100 min · 0.60%–1.61% by balance
Bank · 1 branch
0.60%APY$60 a year on $10,000Requirements
Product: Rates could change after account is opened and are subject to change without advance notice. Monthly $5 fee is waived if average balance stays above $100.
Offer: Earn interest on balances over $100; monthly $5 fee is waived if average balance stays above $100. Rates may change after opening.
0.60% interest rate · $5 monthly fee
Rate by balance
Rate by balance for Charitable Money Market Account (CMMA) Balance APY $100 and upYour amount 0.60% $50,000 and up 0.95% $100,000 and up 1.11% $250,000 and up 1.46% $1,000,000 and up 1.61% Rate checked
More details - Merchants BankDiamond Money MarketDiamond Money Market · $5,000 min · 0.25%–3.20% by balance
Bank · 4 branches
0.55%APY$55 a year on $10,000Requirements
Product: $5,000 minimum daily balance required to avoid $10 monthly fee. 6 withdrawals allowed per month ($10 fee per withdrawal over 6).
$10 monthly fee · Effective Apr 16, 2026
Rate by balance
Rate by balance for Diamond Money Market Balance APY Up to $5,000 0.25% $5,000 – $25,000Your amount 0.55% $25,000 – $50,000 1.00% $50,000 – $100,000 1.30% $100,000 – $200,000 2.00% $200,000 – $1,000,000 2.25% Over $1,000,000 3.20% 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 Rochester, MN metro
76 accounts at 25 banks and credit unions · checked Oct 16–22
- Typical
- 0.28%
- Top 10% from
- 2.43%
- Banks, typical
- 0.33%
- Credit unions, typical
- 0.20%
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Rochester, MN metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Altra Federal Credit UnionCredit union · 2 branches
- Luminate BankBank · 1 branch
- Foresight BankBank · 3 branches