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 241–255 results in Michigan
- 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 - 0.25%APY$25 a year on $10,000
0.25% interest rate · Effective Oct 5, 2026
Rate by balance
Rate by balance for Money Market Balance APY Up to $25,000Your amount 0.25% $25,000 – $100,000 0.50% $100,000 – $250,000 1.00% $250,000 – $500,000 1.50% $500,000 – $750,000 1.75% $750,000 and up 2.00% 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 - OMNI Community Credit UnionMoney MarketMoney Market · $2,500 min · 0.25%–0.60% by balance
Credit union · 11 branches
0.25%APY$25 a year on $10,000Requirements
Product: Interest is compounded monthly and features tiered rates. $2,500 minimum balance to earn interest. $0 minimum opening deposit.
Compounded monthly · Effective Oct 5, 2026
Rate by balance
Rate by balance for Money Market Balance APY $2,500 – $25,000Your amount 0.25% $25,000 – $50,000 0.30% $50,000 – $100,000 0.35% $100,000 – $200,000 0.50% $200,000 and up 0.60% Rate checked
More details - First National Bank of MichiganFirst Growth Money MarketFirst Growth Money Market · $100 min · 0.15%–1.00% by balance
Bank · 6 branches
0.25%APY$25 a year on $10,000Requirements
Product: A minimum monthly balance of $10,000 is required to avoid fees.
Offer: APY is based on a $2,500 balance for 12 months. A minimum monthly balance of $10,000 is required to avoid fees.
0.15% interest rate · Effective Oct 1, 2026
Rate by balance
Rate by balance for First Growth Money Market Balance APY Up to $9,999 0.15% $10,000 – $49,999Your amount 0.25% $50,000 – $99,999 0.35% $100,000 – $249,999 0.50% $250,000 and up 1.00% Rate checked
More details - 0.25%APY$25 a year on $10,000
Requirements
Product: Basic membership account requiring a $5 minimum balance at all times. Dividends are compounded and credited quarterly using the daily balance computation method. Limited to 6 withdrawals or transfers per statement period (maximum 3 by check, draft, or debit card).
Offer: Must maintain a minimum daily balance of $5.00 each day to obtain the disclosed annual percentage yield.
0.25% interest rate · Effective Sep 30, 2023
Rate checked
More details - 0.25%APY$25 a year on $10,000
Requirements
Product: No monthly service fee. Early withdrawal will result in a penalty.
Offer: Minimum balance to earn interest is $100.
0.25% interest rate · No monthly fee
Rate checked
More details - Total Community Credit UnionMoney Market AccountMoney Market Account · $5,000 min · 0.25%–0.50% by balance
Credit union · 1 branch
0.25%APY$25 a year on $10,000Requirements
Product: Must maintain a $5,000 minimum balance to avoid a below-minimum balance fee of $15.00 per month. Limited to 6 withdrawals/transfers per month. Additional withdrawals/transfers $5.00 each. Minimum opening deposit $5,000.00. Dividends calculated using the daily balance method, compounded daily and credited monthly. Account applies tiered rates to the full balance once a tier is met.
Offer: Monthly fee of $15.00 applies if balance falls below $5,000.00.
0.25% interest rate · Compounded daily · $15 monthly fee · Effective Jan 1, 2026
Rate by balance
Rate by balance for Money Market Account Balance APY $5,000 – $25,000Your amount 0.25% $25,000 – $75,000 0.30% $75,000 – $100,000 0.35% $100,000 – $150,000 0.40% Over $150,000 0.50% Rate checked
More details - 0.25%APY$25 a year on $10,000
Requirements
Product: $5 quarterly service charge if balance falls below $100. Interest paid quarterly.
Offer: $5 quarterly service charge if balance falls below $100. APY based on quarterly compounding of interest. Fees may reduce earnings.
0.25% interest rate · Effective Aug 14, 2026
Rate checked
More details - Peninsula Federal Credit UnionShares (Prime Shares Account)Savings · $5 min
Credit union · 4 branches
0.25%APY$25 a year on $10,000Requirements
Product: Officially establishes membership at the Credit Union. Minimum $5 balance to open and earn APY. Dividend rate may change after the account is opened; fees may reduce earnings.
Offer: Minimum $5 balance to open and earn APY.
Effective Mar 10, 2026
Rate checked
More details - First National Bank of St. IgnaceMoney Market Savings AccountMoney Market Savings Account · $1,000 min
Bank · 7 branches
0.25%APY$25 a year on $10,000Requirements
Product: Limited check writing.
Rate checked
More details - 0.25%APY$25 a year on $10,000
Requirements
Product: Deposits only accepted from customers with primary or secondary residence in local communities. Service charge of $20 if balance falls below $5,000. Interest compounded and paid monthly.
Offer: Service Charge $20 if balance falls below $5,000. APY compounded monthly.
0.10% interest rate · Compounded monthly · $20 monthly fee · Effective Aug 11, 2025
Rate by balance
Rate by balance for Money Market Balance APY Up to $10,000 0.10% $10,000 – $25,000Your amount 0.25% $25,000 – $50,000 0.30% $50,000 – $100,000 0.55% $100,000 and up 1.00% Rate checked
More details - 0.25%APY$25 a year on $10,000
Requirements
Product: Avoid the $3 monthly service fee by maintaining a minimum daily balance of $300 or more.
Offer: Avoid the $3 monthly service fee with a minimum daily balance of $300 or more.
0.20% interest rate · $3 monthly fee · Effective Feb 11, 2026
Rate by balance
Rate by balance for Regular Savings Account Balance APY Up to $9,999 0.20% $10,000 – $19,999Your amount 0.25% $20,000 – $49,999 0.28% $50,000 – $99,999 0.30% $100,000 and up 0.68% Rate checked
More details - 0.24%APY$24 a year on $10,000with conditions
Requirements
Product: Links to free CNB Interest or CNB Money checking for automatic rewards transfers. To qualify for the highest rate, meet qualifications during each Monthly Qualification Cycle: at least 12 debit card purchases, enroll and agree to receive eStatements, and enroll and log into online banking.
Offer: Applies to balances up to $5,000 when checking account qualifications are met.
Qualified rate · 1.00% interest rate · No monthly fee · Effective Apr 28, 2022
Rate by balance
Rate by balance for CNB Savings Balance APY Up to $5,000 1.00% $5,000 and upYour amount 0.24%* Rate checked
More details - Public Service Credit UnionMoney Market AccountMoney Market Account · $2,500 min · 0.20%–0.70% by balance
Credit union · 11 branches
0.20%APY$20 a year on $10,000Requirements
Product: No minimum deposit balance requirement. No monthly fee. Eligible for overdraft protection. Dividends paid quarterly based on balance tiers.
Offer: Dividends paid quarterly
0.20% interest rate · No monthly fee · Effective Sep 17, 2026
Rate by balance
Rate by balance for Money Market Account Balance APY $2,500 – $25,000Your amount 0.20% $25,000 – $100,000 0.30% $100,000 – $250,000 0.45% $250,000 – $500,000 0.50% Over $500,000 0.70% 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