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 226–240 results in Michigan
- Jolt Credit UnionMoney MarketMoney Market · $1,000 min · 0.20%–0.25% by balance
Credit union · 5 branches
0.25%APY$25 a year on $10,000Requirements
Product: Requires $1,000 minimum deposit. No monthly fees. Check writing allowed. No IRA available. If balance falls below 1st tier ($1,000), 0.00% is received for the interest period. If funds are withdrawn, interest on those funds will not be paid past the date of withdrawal.
Offer: If the balance is above $1,000 and below $9,999 it will receive the 1st tier rate. Interest compounded daily and credited monthly.
0.20% interest rate · Compounded daily · No monthly fee · Effective Oct 23, 2026
Rate by balance
Rate by balance for Money Market Balance APY $1,000 – $9,999 0.20% $10,000 and upYour amount 0.25% Rate checked
More details - Credit Union ONEMoney Market AccountMoney Market Account · $1,000 min · 0.05%–0.55% by balance
Credit union · 17 branches
0.25%APY$25 a year on $10,000intro rateRequirements
Product: $1,000.00 minimum daily balance required to earn the annual percentage yield. Accounts that remain at a zero balance for 90 consecutive days will be automatically closed out (no fee). Rates are variable.
Promotional rate · 0.05% interest rate · Effective Sep 1, 2026
Rate by balance
Rate by balance for Money Market Account Balance APY $1,000 and up 0.05% $2,500 and up 0.10% $10,000 and upYour amount 0.25% $25,000 and up 0.35% $50,000 and up 0.50% $100,000 and up 0.55% Rate checked
More details - FreeStar Financial Credit UnionMoney Management AccountMoney Management Account · $1,000 min · 0.10%–0.70% by balance
Credit union · 8 branches
0.25%APY$25 a year on $10,000Requirements
Product: Limited to six electronic transactions a month (online banking, telephone banking, overdraft transfers). Funds cannot be accessed through an ATM. Interest is calculated based on average daily balance and paid monthly. Money Management specials are offered for a limited time and subject to change.
0.10% interest rate · Effective Oct 23, 2026
Rate by balance
Rate by balance for Money Management Account Balance APY $1,000 – $5,000 0.10% $5,000 – $49,999Your amount 0.25% $50,000 – $74,999 0.45% $75,000 – $99,999 0.55% $100,000 – $149,999 0.60% $150,000 and up 0.70% Rate checked
More details - 0.25%APY$25 a year on $10,000
Requirements
Product: Primary account establishing credit union membership ($5 minimum opening deposit). $5 monthly Non-Relationship Fee applies on accounts with only Member Savings; waived if account maintains a $300 daily average balance, primary member is under 24 years of age, receives direct deposit, has VIP Status, or holds other LMCU accounts (checking, loan, or CD).
Offer: Requires $100 minimum balance to earn interest. $5 monthly fee waived with $300 daily average balance, primary member under 24, direct deposit, VIP status, or other qualifying LMCU accounts.
0.25% interest rate · $5 monthly fee · Effective Jul 20, 2026
Rate checked
More details - 0.25%APY$25 a year on $10,000
Requirements
Product: A Membership Savings Account with a $5 minimum is required to establish and maintain membership. Additional Share Savings Accounts do not require the $5 minimum. Navy Federal does not charge monthly maintenance fees on savings accounts.
Offer: Compounded and credited monthly. A Membership Savings Account with a $5 minimum is required to establish and maintain membership. Additional Share Savings Accounts do not require the $5 minimum. Rates on variable-rate accounts could change after account opening. Fees may reduce earnings.
0.25% interest rate · No monthly fee · Effective Oct 22, 2026
Rate checked
More details - 0.25%APY$25 a year on $10,000
Rate checked
More details - 0.25%APY$25 a year on $10,000
Requirements
Product: Funds are distributed to checking or savings account four times per year; additional withdrawals allowed with a $20 fee per withdrawal.
Rate checked
More details - 0.25%APY$25 a year on $10,000
Requirements
Product: Offers a simple way to build savings with an ATM card usable at over 55,000 surcharge-free ATMs. Requires a $199 minimum average balance per statement cycle to avoid service fees. Transaction limits apply.
Offer: Requires a $199 minimum average balance per statement cycle to avoid service fees.
0.25% interest rate · Effective Oct 9, 2026
Rate checked
More details - 0.25%APY$25 a year on $10,000
Requirements
Product: Applicable fees can reduce earnings if average daily balance drops below $2,500. Dividends are computed on each day's balance.
Offer: Applicable fees can reduce earnings if average daily balance drops below $2,500.
0.25% interest rate · Effective Oct 5, 2026
Rate by balance
Rate by balance for Money Fund Balance APY Up to $5,000 0.25% $5,000 – $25,000Your amount 0.25% $25,000 – $100,000 0.40% $100,000 – $350,000 0.40% $350,000 – $700,000 0.50% $700,000 – $1,000,000 3.56% $1,000,000 and up 3.82% Rate checked
More details - 0.25%APY$25 a year on $10,000
Requirements
Product: Dividends paid quarterly.
Offer: Fees could reduce the earnings on an account.
0.25% interest rate · Effective Oct 5, 2026
Rate checked
More details - 0.25%APY$25 a year on $10,000
Requirements
Product: Membership eligibility and a minimum $5 membership share deposit are required for credit union membership. Funds earn dividends from the first business day of deposit and are calculated daily and posted monthly. Accrued dividends are forfeited if account is closed prior to monthly dividend posting. Fees may reduce earnings.
0.00% interest rate · Effective Sep 29, 2026
Rate by balance
Rate by balance for Money Market Balance APY Up to $100 0.00% $100 – $2,000 0.00% $2,000 – $10,000 0.25% $10,000 – $25,000Your amount 0.25% $25,000 – $50,000 0.65% $50,000 – $100,000 0.70% $100,000 and up 1.20% Rate checked
More details - Parda Credit UnionParda Premier SavingsSavings · $2,500 min · 0.20%–0.40% by balance
Credit union · 5 branches
0.25%APY$25 a year on $10,000Requirements
Product: Maintain a $2,500 minimum balance to earn preferred dividend rates; $5 monthly fee charged if balance falls below $2,500 requirement any day out of the month. First 3 withdrawals per month are free, then $3 charge thereafter. Membership and $1 par share deposit required.
Offer: Compounded monthly. $5 fee charged if balance falls below $2,500 requirement any day out of the month.
0.20% interest rate · Compounded monthly · $5 monthly fee
Rate by balance
Rate by balance for Parda Premier Savings Balance APY $2,500 – $10,000 0.20% $10,000 – $20,000Your amount 0.25% $20,000 – $50,000 0.30% $50,000 – $100,000 0.35% $100,000 and up 0.40% Rate checked
More details - Security Credit UnionMoney Market / IDI (Insured Daily Investment) AccountMoney Market / IDI (Insured Daily Investment) Account · $2,500 min · 0.25%–0.45% by balance
Credit union · 14 branches
0.25%APY$25 a year on $10,000Requirements
Product: Can be opened with a minimum deposit of $2,500. Penalty-free withdrawals with no minimum dollar amounts for deposits or withdrawals. Account service fee waived for accounts with average daily balance of $250 or more, open loan/credit card, open certificate, open checking share with at least three debit card transactions/checks cleared/ACH debits in month, or primary member under age 23; product page also states no account management fees.
Offer: Account service fee waived for accounts with average daily balance of $250 or more, open loan/credit card, open certificate, open checking share with at least three debit card transactions/checks cleared/ACH debits in month, or primary member under age 23.
$4.95 monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for Money Market / IDI (Insured Daily Investment) Account Balance APY $2,500 – $25,000Your amount 0.25% $25,000 – $50,000 0.30% $50,000 – $100,000 0.35% $100,000 – $150,000 0.40% $150,000 and up 0.45% Rate checked
More details - ELGA Credit UnionELGA Elite High Yield SavingsSavings · $200 min · 0.10%–1.00% by balance
Credit union · 16 branches
0.25%APY$25 a year on $10,000Requirements
Product: Must be an ELGA member. Minimum opening balance equals the lowest amount of each published tier. Minimum balance to earn dividends equals the minimum opening balance on Elite accounts. Balances below $1,000 earn the regular savings rate unless under $200, then no interest. Product page: no withdrawal penalties or maturity dates; only 6 electronic transactions each month. Rate table page: dividends compounded and credited quarterly. Rates are variable.
Offer: Balances below $1,000.00 earn the regular savings rate (Membership Share 0.10% APY / 0.10% dividend). Under $200.00 does not earn interest.
0.10% interest rate
Rate by balance
Rate by balance for ELGA Elite High Yield Savings Balance APY $200 – $1,000 0.10% $1,000 – $5,000opening minimum is the tier floor. 0.15% $5,000 – $10,000opening minimum is the tier floor. 0.20% $10,000 – $25,000Your amountopening minimum is the tier floor. 0.25% $25,000 – $50,000opening minimum is the tier floor. 0.35% $50,000 – $100,000opening minimum is the tier floor. 0.35% $100,000 – $250,000opening minimum is the tier floor. 0.50% $250,000 – $500,000opening minimum is the tier floor. 0.50% $500,000 – $1,000,000opening minimum is the tier floor. 0.85% $1,000,000 and upopening minimum is the tier floor. 1.00% Rate checked
More details - 0.25%APY$25 a year on $10,000
Requirements
Offer: $10.00 Minimum. Dividend computed on daily balance and credited to account monthly.
0.25% interest rate · Effective Oct 5, 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 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