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 1–15 results in Kankakee, IL metro
- 2.60%APY$260 a year on $10,000with conditions
Requirements
Product: Must have a required RewardsPLUS Checking account. Limit of 1 account per Social Security number. Not for commercial purposes. Enrollment in electronic services (e.g., online banking, electronic statements) required to meet qualifications. Interest does not compound in checking since it is transferred into RewardsPLUS Saver.
Offer: Earn 2.60% APY / 2.57% interest rate on all balances when monthly RewardsPLUS Checking qualifications are met. Interest and ATM fee refunds automatically deposited into RewardsPLUS Saver. $20 early closing fee if account is closed within 6 months of opening.
Qualified rate · 2.57% interest rate · No monthly fee · Effective Oct 6, 2026
Rate checked
More details - CommonWealth Credit UnionStarphire Rewards SavingsSavings · 1.01%–2.02% by balance
Credit union · 1 branch
2.02%APY$202 a year on $10,000with conditionsRequirements
Product: Must meet monthly qualification of Starphire Rewards Checking (post and clear at least 10 debit card transactions, signed up for E-Statements, direct deposit or 1 ACH withdrawal per month). If qualifications are not met, earns the current savings rate on all balances. One account per SSN. Not for business accounts.
Offer: Rate applies up to first $15,000 on deposit when Starphire Rewards Checking monthly qualifications are met.
Qualified rate · 2.00% interest rate
Rate by balance
Rate by balance for Starphire Rewards Savings Balance APY Up to $15,000Your amount 2.02%* $15,001 and up 1.01%* Rate checked
More details - Midland States BankMoney Market Account (MMA)Money Market Account (MMA) · $2,500 min · 1.06%–3.25% by balance
Bank · 8 branches
1.38%APY$138 a year on $10,000with conditionsRequirements
Product: $15 monthly service charge is waived with a daily balance of $2,500. Minimum daily balance to earn interest is $0.01.
Offer: Relationship APY requires an eligible Midland High Yield Checking account with at least one common owner. Monthly fee of $15 is waived with a $2,500 daily balance.
Qualified rate · $15 monthly fee · Effective Sep 1, 2026
Rate by balance
Rate by balance for Money Market Account (MMA) Balance APY Up to $10,000 1.06% $10,000 – $25,000Your amount 1.38% $25,000 – $250,000 3.25% $250,000 – $1,000,000 3.25% $1,000,000 and up 3.25% Rate checked
More details - Woodforest National BankEmerald Elite AccountEmerald Elite Account · $25 min · 1.00%–3.00% by balance
Bank · 2 branches
1.00%APY$100 a year on $10,000Requirements
Product: Tiered money market account. $25.00 monthly minimum balance fee waived if a balance of $10,000.00 or above is maintained each day in the statement period. Up to 6 withdrawals per statement period at no charge ($25.00 fee per excessive withdrawal over 6). Includes custom wallet checks, cashier's checks, money orders, and notary services.
Offer: Emerald Elite 1st Tier. Variable interest rate calculated using daily balance method. $25.00 monthly minimum balance fee waived if a balance of $10,000.00 or above is maintained each day in the statement period.
$25 monthly fee · Effective Sep 14, 2026
Rate by balance
Rate by balance for Emerald Elite Account Balance APY Over $0Your amount 1.00% $100,000 and upEmerald Elite 2nd Tier. 1.50% $250,000 and upEmerald Elite 3rd Tier. 2.00% $500,000 and upEmerald Elite 4th Tier. 3.00% Rate checked
More details - Illiana FinancialMoney Market SavingsMoney Market Savings · $2,000 min · 0.30%–0.85% by balance
Credit union · 1 branch
0.60%APY$60 a year on $10,000Requirements
Product: Minimum balance of $2,000 required.
0.30% interest rate
Rate by balance
Rate by balance for Money Market Savings Balance APY $2,000 – $10,000 0.30% $10,000 – $25,000Your amount 0.60% $25,000 – $50,000 0.70% Over $50,000 0.85% Rate checked
More details - 0.40%APY$40 a year on $10,000
Requirements
Product: Quarterly compounding and crediting. $5.00 monthly service charge waived if the balance remains at or above $100.00 during the statement period.
Offer: Rate may change after account opening. $5.00 monthly service fee is charged if the balance falls below $100.00 at any time during the statement period.
0.40% interest rate · $5 monthly fee · Effective Aug 25, 2026
Rate checked
More details - 0.30%APY$30 a year on $10,000
Requirements
Product: Monthly minimum balance fee of $3.00 is waived if a balance of $200.00 or above is maintained each day in the statement period.
Offer: Tier Under $10,000. Monthly minimum balance fee of $3.00 if balance falls below $200.00 any day in the statement period.
$3 monthly fee · Effective Sep 25, 2026
Rate by balance
Rate by balance for Savings Account Balance APY Over $0 0.05% $10,000 and upYour amount 0.30% Rate checked
More details - 0.25%APY$25 a year on $10,000
Requirements
Product: Membership requires a $25 deposit into a savings/share account; a $25 balance must be maintained to remain eligible for products and services.
Offer: APY is the Annual Percentage Yield. Marketing pages state share account rates up to 0.25% APY.
0.25% interest rate · Effective Sep 24, 2026
Rate checked
More details - Peoples Bank of Kankakee CountyMoney Market AccountMoney Market Account · $2,500 min · 0.15%–0.35% by balance
Bank · 3 branches
0.25%APY$25 a year on $10,000Requirements
Product: No monthly service charge with a $2,500 average daily collected balance; otherwise $10 monthly fee. $2,500 minimum opening deposit. No minimum balance requirement. Check writing privileges.
Offer: Monthly fee waived with $2,500 average daily collected balance.
0.15% interest rate · $10 monthly fee · Effective Sep 17, 2026
Rate by balance
Rate by balance for Money Market Account Balance APY Up to $10,000 0.15% $10,000 – $24,999Your amount 0.25% $25,000 – $49,999 0.30% $50,000 and up 0.35% Rate checked
More details - 0.25%APY$25 a year on $10,000
Requirements
Product: For minors (under the age of 18): no monthly service charge, no minimum balance requirement, and interest on all balances.
Offer: Earns interest on balances of $300 or more. No monthly service charge with a $300+ balance; $3 monthly service charge if balance falls below $300. 6 free debits each month, then $1 per debit. $20 early closing fee if account is closed within 6 months of opening.
0.25% interest rate · $3 monthly fee · Effective Oct 6, 2026
Rate checked
More details - 0.25%APY$25 a year on $10,000
Requirements
Product: All savings accounts subject to $50 early close fee if closed within first 6 months.
Offer: Monthly service charge waived with $2,500 daily minimum balance.
0.25% interest rate · $25 monthly fee
Rate by balance
Rate by balance for 24K Savings Account Balance APY $2,500 – $25,000Your amount 0.25% $25,000 – $75,000 0.40% $75,000 – $150,000 0.50% $150,000 and up 0.70% Rate checked
More details - 0.25%APY$25 a year on $10,000
0.25% interest rate
Rate checked
More details - 0.25%APY$25 a year on $10,000
Requirements
Product: Money market savings account with check writing flexibility. $10.00 monthly minimum balance fee waived if a balance of $1,000.00 or above is maintained each day in the statement period. Up to 6 withdrawals per statement period at no charge ($10.00 fee per excessive withdrawal over 6). $3.00 monthly paper statement fee avoided with eStatements.
Offer: Variable interest rate calculated using daily balance method. $10.00 monthly minimum balance fee waived if a balance of $1,000.00 or above is maintained each day in the statement period.
$10 monthly fee · Effective Sep 14, 2026
Rate checked
More details - Federated BankTiered-Rate Money Market AccountTiered-Rate Money Market Account · $2,500 min · 0.00%–1.00% by balance
Bank · 1 branch
0.20%APY$20 a year on $10,000Requirements
Product: One interest rate is paid on the full balance of the account. Interest compounded and credited monthly using daily balance method. Variable rate may change at bank discretion. No broker deposits. If balance falls below $2,500.00, no interest is earned and a $10.00 monthly service charge applies. Fee of $10.00 per withdrawal after 4 per month. Preauthorized transfers limited to 6 per month with max 3 by check.
Offer: No interest earned and $10.00 monthly service charge if balance falls below $2,500.00. No compounding.
0.00% interest rate · $10 monthly fee · Effective Aug 25, 2026
Rate by balance
Rate by balance for Tiered-Rate Money Market Account Balance APY Up to $2,500 0.00% $2,500 – $10,000Your amountMonthly compounding. 0.20% $10,000 – $25,000Monthly compounding. $10.00 monthly service charge waived when balance is $2,500.00 or greater. 0.40% $25,000 – $100,000Monthly compounding. $10.00 monthly service charge waived when balance is $2,500.00 or greater. 0.60% $100,000 – $100,000,000Monthly compounding. $10.00 monthly service charge waived when balance is $2,500.00 or greater. 1.00% Rate checked
More details - 0.20%APY$20 a year on $10,000
Requirements
Product: Dividends compounded and credited quarterly. Rates subject to change.
0.20% interest rate · Effective Mar 1, 2025
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
* APY calculated from the stated interest rate. Daily compounding is assumed when the institution does not state it.
What savings accounts pay in Kankakee, IL metro
26 accounts at 11 banks and credit unions · checked Sep 25–Oct 22
- Typical
- 0.23%
- Top 10% from
- 1.19%
- Banks, typical
- 0.25%
- Credit unions, typical
- 0.20%
Is your bank paying you enough?
Find your bank or credit union to see all its rates and how they compare near you.
Kankakee, IL metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Federated BankBank · 1 branch
- Illiana FinancialCredit union · 1 branch