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 151–165 results in Michigan
- Vibe Credit UnionMoney Market AccountMoney Market Account · $0 min · 0.35%–1.51% by balance
Credit union · 15 branches
0.60%APY$60 a year on $10,000with conditionsRequirements
Product: No minimum balance required to open, but must carry a balance to earn dividends. No monthly maintenance fees. Tiered rate structure; dividends calculated on daily balance and paid monthly. Six free electronic withdrawals per month.
Qualified rate · 0.35% interest rate · No monthly fee · Effective Oct 1, 2026
Rate by balance
Rate by balance for Money Market Account Balance APY Up to $5,000 0.35% $5,000 – $50,000Your amount 0.60% $50,000 – $100,000 0.65% $100,000 – $250,000 1.01% $250,000 – $500,000 1.26% $500,000 and up 1.51% Rate checked
More details - Sunrise Family Credit UnionInsured Money Market (IMMA)Insured Money Market (IMMA) · $2,000 min · 0.50%–1.75% by balance
Credit union · 3 branches
0.60%APY$60 a year on $10,000Requirements
Product: Minimum deposit $100.00; minimum withdrawal $500.00. Maximum of 3 withdrawals per month ($25.00 fee per withdrawal if exceeded). Requires $10.00 par value share in Share Savings for membership.
0.50% interest rate · No monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for Insured Money Market (IMMA) Balance APY $2,000 – $9,999 0.50% $10,000 – $24,999Your amount 0.60% $25,000 – $49,999 0.80% $50,000 – $99,999 1.25% $100,000 and up 1.75% Rate checked
More details - U.P. State Credit UnionRewards SavingsSavings · $0 min · 0.25%–0.60% by balance
Credit union · 6 branches
0.60%APY$60 a year on $10,000with conditionsRequirements
Product: For members looking to earn a higher yield on their savings account while also utilizing checking account.
Offer: Must also utilize checking account.
Qualified rate
Rate by balance
Rate by balance for Rewards Savings Balance APY Up to $2,500 0.25% $2,500 – $10,000 0.40% $10,000 and upYour amount 0.60% Rate checked
More details - Michigan Schools & Government Credit UnionSilver Savings AccountSavings · $0 min · 0.10%–0.80% by balance
Credit union · 24 branches
0.60%APY$60 a year on $10,000Requirements
Product: Tiered dividend scale based on Average Daily Balance. No monthly service charge or withdrawal penalties.
Offer: Average Daily Balance Under $100.
0.10% interest rate · No monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for Silver Savings Account Balance APY Up to $100 0.10% $100 – $4,999 0.35% $5,000 – $9,999 0.50% $10,000 – $19,999Your amount 0.60% $20,000 – $39,999 0.65% $40,000 and up 0.80% 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 - People Driven Credit UnionMoney Market Plus AccountMoney Market Plus Account · $1,000 min · 0.35%–3.00% by balance
Credit union · 5 branches
0.60%APY$60 a year on $10,000intro rateRequirements
Product: Requires a $1,000 minimum deposit to open. Rates are variable and tiered based on balance; interest compounds monthly. Only new funds transferred from external sources qualify for promotional rate. Requires credit union membership ($5 deposit into Membership Share Savings Account) and membership eligibility. Federally insured by NCUA.
Offer: New money required to qualify for this rate; only new funds transferred from external sources to the credit union qualify for this promotion.
Promotional rate · 0.35% interest rate · No monthly fee
Rate by balance
Rate by balance for Money Market Plus Account Balance APY $1,000 – $2,499 0.35% $2,500 – $9,999 0.50% $10,000 – $24,999Your amount 0.60% $25,000 – $49,999 1.10% $50,000 – $99,999 1.15% $100,000 – $249,999 1.25% $250,000 and up 3.00% Rate checked
More details - Chiropractic Federal Credit UnionMoney Market AccountMoney Market Account · $5,000 min · 0.59%–1.06% by balance
Credit union · 1 branch
0.59%APY$59 a year on $10,000Requirements
Product: Tiered-rate program where rate increases as balance increases. Interest is computed daily, paid and compounded monthly. Access funds at any time by making a transfer to another CFCU account.
Offer: Dividend frequency: Monthly
0.59% interest rate · Compounded monthly · Effective Feb 3, 2023
Rate by balance
Rate by balance for Money Market Account Balance APY $5,000 – $24,999Your amount 0.59% $25,000 – $49,999 0.81% $50,000 – $99,999 1.00% $100,000 and up 1.06% Rate checked
More details - Oxford BankMoney Market AccountMoney Market Account · $1,000 min · 0.34%–0.84% by balance
Bank · 7 branches
0.58%APY$58 a year on $10,000Requirements
Product: Avoid the $10 monthly service fee by maintaining a minimum daily balance of $2,000 or more.
Offer: Balance < $500,000 schedule. Monthly fee waived with $2,000 minimum daily balance.
0.58% interest rate · $10 monthly fee · Effective Feb 11, 2026
Rate by balance
Rate by balance for Money Market Account Balance APY Up to $50,000Your amount 0.58% $50,000 – $100,000 0.84% $100,000 and upTier Low 1.66% Tier High 0.34% APY. 0.34%* Rate checked
More details - Members First Credit UnionMoney Market AccountMoney Market Account · $0 min · 0.55%–4.00% by balance
Credit union · 11 branches
0.55%APY$55 a year on $10,000Requirements
Product: Dividends calculated by the daily balance method and credited on the last day of each month. No maintenance fee. Rates are variable and may change after opening.
Offer: Dividends determined based on a tiered rate method; interest rate paid on the entire balance is determined by the tier in which your current balance resides. Calculated daily, credited monthly.
No monthly fee · Effective Oct 23, 2026
Rate by balance
Rate by balance for Money Market Account Balance APY Up to $500 4.00% $500 – $1,000 1.75% $1,000 – $10,000Your amount 0.55% $10,000 – $25,000 1.01% $25,000 – $50,000 1.26% $50,000 – $100,000 1.51% $100,000 – $200,000 1.76% Over $200,000 2.02% Rate checked
More details - Preferred Credit UnionPreferred Money AccountSavings · $500 min · 0.45%–0.65% by balance
Credit union · 6 branches
0.55%APY$55 a year on $10,000Requirements
Product: Tiered savings account. Interest computed daily and paid monthly. No monthly service charges. Minimum opening balance of $500.
No monthly fee
Rate by balance
Rate by balance for Preferred Money Account Balance APY $500 – $2,500 0.45% $2,500 – $10,000 0.50% $10,000 – $25,000Your amount 0.55% $25,000 – $50,000 0.60% $50,000 and up 0.65% Rate checked
More details - Chelsea State BankCSB Combined Money Market SavingsCSB Combined Money Market Savings · $1 min · 0.55%–1.56% by balance
Bank · 4 branches
0.55%APY$55 a year on $10,000with conditionsRequirements
Product: Available to customers with a Chelsea State Bank checking account. Monthly statement combined with checking account. Avoid $10 monthly fee by maintaining a $1,000 minimum daily balance.
Offer: Fee waived if $1,000 minimum daily balance is maintained; $2 per debit over 10 per month.
Qualified rate · 0.55% interest rate · $10 monthly fee · Effective Oct 15, 2026
Rate by balance
Rate by balance for CSB Combined Money Market Savings Balance APY Up to $24,999Your amount 0.55% $25,000 – $49,999 0.80% $50,000 – $149,999 1.06% $150,000 and up 1.56% Rate checked
More details - Chelsea State BankCSB Money Market SavingsCSB Money Market Savings · $1 min · 0.40%–0.55% by balance
Bank · 4 branches
0.55%APY$55 a year on $10,000Requirements
Product: Avoid $10 monthly service fee by maintaining a $1,000 minimum daily balance; $10 monthly fee when balance falls below $1,000 during the month. Combined monthly statement with checking account.
Offer: Fee waived if $1,000 minimum daily balance is maintained; $2 per debit over 10 per month.
0.40% interest rate · $10 monthly fee · Effective Oct 15, 2026
Rate by balance
Rate by balance for CSB Money Market Savings Balance APY Up to $2,499 0.40% $2,500 and upYour amount 0.55% Rate checked
More details - Shore to Shore Community Federal Credit UnionMoney Market AccountMoney Market Account · $2,500 min · 0.55%–0.75% by balance
Credit union · 2 branches
0.55%APY$55 a year on $10,000Requirements
Product: Dividends paid at the end of every month. Unlimited withdrawals. $2,500 minimum balance requirement.
Offer: Money Market Tier 1; minimum $2500
0.55% interest rate · Effective Oct 5, 2026
Rate by balance
Rate by balance for Money Market Account Balance APY $2,500 and upYour amount 0.55% $20,000 – $74,999Money Market Tier 2 0.65% $75,000 and upMoney Market Tier 3 0.75% Rate checked
More details - Chelsea State BankCSB Combined Statement SavingsSavings · $1 min · 0.55%–0.60% by balance
Bank · 4 branches
0.55%APY$55 a year on $10,000with conditionsRequirements
Product: Must be linked to any Chelsea State Bank checking account. Monthly statement combined with checking account. No monthly service fee. $1 minimum deposit to open.
Offer: Tier 1 rate for balances from $1 to $99,999. Minimum balance to earn APY is $1.00. No monthly service fee. Monthly statement combined with checking account.
Qualified rate · 0.55% interest rate · No monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for CSB Combined Statement Savings Balance APY Up to $99,999Your amount 0.55% $100,000 and up 0.60% Rate checked
More details - Southeast Michigan State EFCUSuper SaverSavings · $500 min · 0.25%–1.01% by balance
Credit union · 1 branch
0.50%APY$50 a year on $10,000Requirements
Product: Tiered-rate savings account with a minimum balance of $500 to unlock higher dividend rates that increase as balance grows.
0.25% interest rate
Rate by balance
Rate by balance for Super Saver Balance APY $500 – $5,000 0.25% $5,000 – $20,000Your amount 0.50% $20,000 – $50,000 0.75% $50,000 and up 1.01% 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 Michigan
617 accounts at 212 banks and credit unions · checked Oct 16–23
- Typical
- 0.15%
- Top 10% from
- 1.75%
- Banks, typical
- 0.20%
- Credit unions, typical
- 0.15%
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Michigan
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Settlers Federal Credit UnionCredit union · 2 branches
- Meijer Credit UnionCredit union · 3 branches
- Dow Credit UnionCredit union · 2 branches