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 31–45 results in Rochester, MN metro
- Associated BankAssociated Select Money MarketAssociated Select Money Market · $1,000 min
Bank · 3 branches
0.50%APY$50 a year on $10,000with conditionsRequirements
Product: Features tiered interest rates and enhanced rate tiers when combined with qualifying Associated Choice Checking relationship tiers (Platinum Choice, Emerald Choice, Emerald Private Choice). Monthly maintenance fee of $16 is waived with a minimum daily balance of $1,000.
Offer: Platinum Choice enhanced rate tier. Requires meeting and maintaining Platinum Choice benefit tier qualifications on an Associated Choice Checking account. $16 monthly maintenance fee waived with a minimum daily balance of $1,000.
Qualified rate · 0.50% interest rate · $16 monthly fee · Effective Oct 5, 2026
Rate checked
More details - 0.50%APY$50 a year on $10,000
Requirements
Product: Available to MN, WI, IL, & TX residents only. Personal and UTMA accounts only; joint account holder age 18 or over required on minor accounts. One account per primary account holder per participating credit union. $25 minimum opening deposit and $25 minimum balance required. Earn prize-drawing entries for every $25 increase (up to 6 entries per month) for 12-month savings period.
Rate checked
More details - 0.40%APY$40 a year on $10,000
Requirements
Product: No minimum balance requirement. No monthly service fees. Interest is earned on average monthly balance. If the combined balance of a deposit relationship in savings or money market accounts exceeds $5,000,000.00, balances exceeding $5,000,000.00 will be transferred to an interest bearing checking account. A non-interest savings account option is also available. Available to individuals who live or work in Minnesota, or have an open and active account with Think Bank.
Offer: Variable interest rate. Interest is earned on average monthly balance.
0.30% interest rate · No monthly fee · Effective Oct 1, 2026
Rate by balance
Rate by balance for Savings Balance APY Up to $2,500 0.30% $2,500 – $10,000 0.30% $10,000 – $20,000Your amount 0.40% $20,000 – $5,000,000 0.40% Rate checked
More details - 0.35%APY$35 a year on $10,000
Requirements
Product: Must deposit and maintain minimum daily balance of $200. Minimum withdrawal is $25.00.
No monthly fee · Effective Jun 1, 2022
Rate by balance
Rate by balance for Regular Savings Balance APY $200 – $1,000 0.15% $1,000 – $2,500 0.20% $2,500 – $25,000Your amount 0.35% $25,000 and up 0.50% Rate checked
More details - First State Bank of Red WingGolden Money Market CheckingGolden Money Market Checking · $0 min · 0.10%–0.50% by balance
Bank · 1 branch
0.35%APY$35 a year on $10,000Requirements
Product: The rate and APY may change after the account is open. Fees could reduce earnings on an account.
0.10% interest rate · Effective Jun 25, 2025
Rate by balance
Rate by balance for Golden Money Market Checking Balance APY Up to $10,000 0.10% $10,000 – $74,999Your amount 0.35% $75,000 and up 0.50% Rate checked
More details - BMOGrowth Money Market AccountGrowth Money Market Account · $25 min · 0.05%–2.50% by balance
Bank · 1 branch
0.30%APY$30 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: Standard APY for balances less than $5,000. Monthly maintenance fee waived for first 60 days or with a $5,000 minimum daily balance.
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 0.05% $5,000 – $25,000Your amount 0.30% $25,000 – $100,000Monthly maintenance fee waived with a $5,000 minimum daily balance. 0.65% $100,000 – $250,000Monthly maintenance fee waived with a $5,000 minimum daily balance. 1.70% $250,000 and upMonthly maintenance fee waived with a $5,000 minimum daily balance. 2.50% Rate checked
More details - 0.30%APY$30 a year on $10,000
Requirements
Product: Prize-linked savings account offering chances to win monthly, quarterly, holiday, and annual cash drawings.
0.30% interest rate · Effective Jul 1, 2026
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More details - 0.30%APY$30 a year on $10,000
Requirements
Product: No monthly service fees or charges. No minimum balance requirement.
0.30% interest rate · No monthly fee · Effective Jul 1, 2026
Rate checked
More details - 0.25%APY$25 a year on $10,000
Requirements
Product: Quarterly fee of $8 applies if minimum daily balance of $1,000 is not maintained. 12 withdrawals allowed per quarter ($2 per withdrawal over 12).
Offer: Minimum opening deposit of $1,000. $8 quarterly fee if $1,000 daily balance is not maintained.
Effective Apr 16, 2026
Rate checked
More details - Associated BankAssociated Select Money MarketAssociated Select Money Market · $1,000 min
Bank · 3 branches
0.25%APY$25 a year on $10,000with conditionsRequirements
Product: Features tiered interest rates and enhanced rate tiers when combined with qualifying Associated Choice Checking relationship tiers (Platinum Choice, Emerald Choice, Emerald Private Choice). Monthly maintenance fee of $16 is waived with a minimum daily balance of $1,000.
Offer: Standard rate tier. $16 monthly maintenance fee waived with a minimum daily balance of $1,000.
Qualified rate · 0.25% interest rate · $16 monthly fee · Effective Oct 5, 2026
Rate checked
More details - 0.25%APY$25 a year on $10,000
Requirements
Offer: $200 minimum balance to avoid monthly service charge of $5 if below minimum daily balance any day during statement cycle.
$5 monthly fee · Effective May 1, 2026
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More details - First State Bank of Red WingMoney Market CheckingMoney Market Checking · $0 min · 0.00%–0.25% by balance
Bank · 1 branch
0.25%APY$25 a year on $10,000Requirements
Product: The rate and APY may change after the account is open. Fees could reduce earnings on an account.
0.00% interest rate · Effective Jun 25, 2025
Rate by balance
Rate by balance for Money Market Checking Balance APY Up to $5,000 0.00% $5,000 and upYour amount 0.25% Rate checked
More details - Mayo Employees Federal Credit UnionSavingsSavings · $5 min · 0.05%–0.30% by balance
Credit union · 6 branches
0.20%APY$20 a year on $10,000Requirements
Product: Must keep a balance of $5 in savings to retain MEFCU membership. No monthly fee. Dividend-bearing, compounded and paid quarterly. Rate may change after account is opened. Insured up to $400,000. Sub-savings accounts available for specific goals.
Offer: Variable dividend rate of 0.05% (0.05% APY) for balances $0 - $2,499.99. Minimum $5 balance required to maintain membership.
0.05% interest rate · No monthly fee · Effective Oct 16, 2026
Rate by balance
Rate by balance for Savings Balance APY Up to $2,500 0.05% $2,500 – $20,000Your amount 0.20% $20,000 and up 0.30% Rate checked
More details - 0.20%APY$20 a year on $10,000
Requirements
Product: $3 monthly service charge waived with a $200 minimum daily balance.
Offer: $3 monthly service charge waived with a $200 minimum daily balance; variable rate.
0.15% interest rate · $3 monthly fee · Effective Oct 1, 2026
Rate by balance
Rate by balance for Savings Account Balance APY Up to $4,999 0.15% $5,000 – $24,999Your amount 0.20% $25,000 – $49,999 0.25% $50,000 – $99,999 0.30% $100,000 – $249,999 0.35% $250,000 and up 0.45% Rate checked
More details - 0.20%APY$20 a year on $10,000
Requirements
Product: Rate may change after account opening.
Offer: Monthly service charge of $2 if daily balance is below $100. 6 withdrawals per month, $0.50 per withdrawal after.
$2 monthly fee · Effective Aug 18, 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 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