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 376–390 results in Michigan
- 0.10%APY$10 a year on $10,000
Requirements
Product: Minimum balance to open $5.00. Minimum balance to earn dividends $200.00. Dividends compounded and credited quarterly. Rates are variable and may change after the account is opened. Table also lists business, which is out of scope.
Offer: All consumer balances that meet the $200.00 minimum to earn dividends.
0.10% interest rate
Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: Interest rate and APY may change after account opening. Minimum balance to obtain APY refers to the daily balance.
Offer: Minimum balance to obtain APY refers to the daily balance, or amount of principal in account each day.
0.10% interest rate · Effective Sep 29, 2026
Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: Interest rate and APY may change after account opening. Minimum balance to obtain APY refers to the daily balance.
Offer: Minimum balance to obtain APY refers to the daily balance, or amount of principal in account each day.
0.10% interest rate · Effective Sep 29, 2026
Rate checked
More details - OMNI Community Credit UnionSmart SavingsSavings · $1,000 min · 0.05%–0.15% by balance
Credit union · 11 branches
0.10%APY$10 a year on $10,000Requirements
Product: Tiered rates compounded daily and paid monthly. $0 minimum opening deposit. $1,000 minimum balance to earn interest. Unlimited withdrawals.
Offer: Interest compounded daily and paid monthly.
Compounded daily · Effective Oct 5, 2026
Rate by balance
Rate by balance for Smart Savings Balance APY $1,000 – $10,000 0.05% $10,000 – $25,000Your amount 0.10% $25,000 – $50,000 0.13% $50,000 and up 0.15% Rate checked
More details - OMNI Community Credit UnionRegular SavingsSavings · $100 min · 0.03%–0.10% by balance
Credit union · 11 branches
0.10%APY$10 a year on $10,000Requirements
Product: Tiered rates compounded daily and paid monthly. $5 minimum opening deposit. $100 minimum balance to earn interest. Unlimited withdrawals.
Offer: Interest compounded daily and paid monthly.
Compounded daily · Effective Oct 5, 2026
Rate by balance
Rate by balance for Regular Savings Balance APY $100 – $5,000 0.03% $5,000 – $10,000 0.08% $10,000 and upYour amount 0.10% Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: Open as many as you like for things like holiday savings, vacations, special occasions or any savings goal. Make up to six digital withdrawals/transfers per month or unlimited in-person withdrawals. Make deposits whenever you like. Dividend rate equal to rate earned on Share Savings account.
Offer: Dividends credited quarterly. No minimum balance required.
0.10% interest rate · Effective Oct 5, 2026
Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: Available to members living in Michigan or select counties of Minnesota and Pennsylvania, or via other credit union eligibility. Opening requires $5 share.
Offer: Dividends credited quarterly. Minimum balance of $5 required to earn dividends.
0.10% interest rate · Effective Oct 5, 2026
Rate checked
More details - Everwise Credit UnionPrimary Share SavingsSavings · $5 min · 0.00%–0.15% by balance
Credit union · 4 branches
0.10%APY$10 a year on $10,000Requirements
Product: $5 balance required to maintain membership.
Offer: Balance required to earn dividends: Less than $2,500.
0.00% interest rate
Rate by balance
Rate by balance for Primary Share Savings Balance APY Up to $2,500 0.00% $2,500 – $10,000 0.05% $10,000 – $100,000Your amount 0.10% $100,000 and up 0.15% Rate checked
More details - Everwise Credit UnionChoice SavingsSavings · $0 min · 0.00%–0.15% by balance
Credit union · 4 branches
0.10%APY$10 a year on $10,000Requirements
Product: Goal-based savings account.
Offer: Balance required to earn dividends: Less than $2,500.
0.00% interest rate
Rate by balance
Rate by balance for Choice Savings Balance APY Up to $2,500 0.00% $2,500 – $10,000 0.05% $10,000 – $100,000Your amount 0.10% $100,000 and up 0.15% Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: A regular share account is required for membership and will allow you to take advantage of other credit union products and services. Dividends compounded and credited quarterly.
Offer: Requires a minimum balance of $100.00 to earn dividends. Minimum deposit of $5.00 to open.
Effective Oct 1, 2024
Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: All share accounts require a minimum $10.00 deposit to purchase your share of the credit union.
Effective Nov 6, 2024
Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: Helps keep funds separate but in the same account to save for something special. Must maintain minimum balance stated to earn APY.
Offer: Must maintain minimum balance stated to earn APY.
Effective Jun 2, 2025
Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: Must maintain minimum balance stated to earn APY.
Offer: Must maintain minimum balance stated to earn APY.
Effective Jun 2, 2025
Rate checked
More details - KCCUMoney Market MaxMoney Market Max · $1,000 min · 0.10%–3.50% by balance
Credit union · 14 branches
0.10%APY$10 a year on $10,000Requirements
Product: Interest accrues daily, paid monthly. Minimum $1,000 account balance to earn dividend/interest.
Offer: Minimum balance must be met to earn dividend.
Rate by balance
Rate by balance for Money Market Max Balance APY $1,000 – $100,000Your amount 0.10% $100,000 – $250,000 3.50% $250,000 – $500,000 3.50% $500,000 – $2,000,000 3.50% $2,000,000 and up 0.10% Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: Minimum shares balance fee charged on aggregate savings balances under $100 with no other services; fee waived if member has another account under same membership or is under age 18.
Offer: Variable rate. Compounded and credited monthly. $100 minimum balance to avoid service fee.
0.10% interest rate · Effective Jul 3, 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 23–24
- 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