Compare Savings Rates in Minnesota – March 2026Current Minnesota Savings Rates and MMA RatesCurrent rates from Grand Rapids SB include a Education Savings at 5.12% APY. For those in Minnesota, Genisys Credit Union lists a Savings Accounts at 5.12%. Fidelity Bank & Trust (IA) is offering a Snap $tack Savings in Minnesota with an APY of 5.12%. Current rates from West Metro Schools Credit Union include a Holiday Savings at 5.00% APY. Find the best savings and money market rates in Minnesota today. Our real-time rate table below compares offers from top lenders to help you grow your savings. Whether you are looking for a traditional savings account or a high-yield option in MN, comparing APYs is the best way to maximize your interest earnings. The following rates reflect recent market quotes and representative offers available to Minnesota depositors. Actual savings rates may vary by financial institution and market conditions.
Last Updated and Verified: March 5, 2026
Savings Rates in Minnesota and Area
Rates shown are recent market averages and representative quotes. Actual rates may vary.
Last Updated and Verified: March 5, 2026
Best Minnesota and Area Savings Rates & Money Market RatesBank / Credit Union
Product
APY
Min Deposit
Grand Rapids SB Grand Rapids, MN
Education Savings
5.12%
$0
▼
Rate 5.12%
Min Deposit $0
Last Updated 03/05/2026
Details
Genisys Credit Union Roseville, MN
Savings Accounts
5.12%
$0
▼
Rate 5.12%
Min Deposit $0
Last Updated 03/05/2026
Details
Balances above $500.00 are paid the standard share savings rate.
Fidelity Bank & Trust (IA) Frost, MN
Snap $tack Savings
5.12%
$1,000
▼
Rate 5.12%
Min Deposit $1,000
Last Updated 03/05/2026
Details
Earns 5.12% APY on balances $0 - $5,000.00*
West Metro Schools Credit Union Plymouth, MN
Holiday Savings
5.00%
$0
▼
Rate 5.00%
Min Deposit $0
Last Updated 03/05/2026
Details
max $300 deposit per month
Ultima Bank Minnesota Winger, MN
SMART Savings
4.32%
$0
▼
Rate 4.32%
Min Deposit $0
Last Updated 03/05/2026
Details
Available Balance Any Amount
Southpoint Financial Credit Union Waconia, MN
EzMoney Savings
4.07%
$0
▼
Rate 4.07%
Min Deposit $0
Last Updated 03/05/2026
Details
For portion of account balance up to $5,000.00
Drake Bank Saint Paul, MN
Little Drake Savings
4.07%
$0
▼
Rate 4.07%
Min Deposit $0
Last Updated 03/05/2026
Details
Earns 4.07% APY on balances $0-$1,000.00
Drake Bank Saint Paul, MN
Investor Savings
3.92%
$0
▼
Rate 3.92%
Min Deposit $0
Last Updated 03/05/2026
Details
Earns 3.92% APY on balances $5,000,000 +
FSB of Rosemount Rosemount, MN
Elite Business Savings
3.82%
$0
▼
Rate 3.82%
Min Deposit $0
Last Updated 03/05/2026
Details
†*
FSB of Rosemount Rosemount, MN
Elite Savings
3.82%
$0
▼
Rate 3.82%
Min Deposit $0
Last Updated 03/05/2026
Details
†*
The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here. Methodology & Data SourcesDirect-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Minnesota directly from the official websites of banks and credit unions using a combination of our proprietary rate aggregation technology and a dedicated team of rate updaters. By pulling this data straight from the institutions' own digital properties and manually verifying the yields daily, we ensure that every savings rate displayed on savingsaccount.monitorbankrates.com is highly accurate and trustworthy. Local, Regional, and National Coverage: Our systems and team constantly monitor the market to provide a complete picture of available yields in Minnesota. We feature a comprehensive mix of financial institutions, allowing you to easily compare localized savings rates from neighborhood credit unions, competitive offers from mid-sized regional banks, and high-yield savings accounts from large national institutions available to savers in MN. Daily Updates & Time-Stamped Accuracy: To maintain the highest level of data integrity, our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly based on market conditions, every single savings product listed on our platform features its own specific "last updated" date. This gives you absolute transparency into exactly when that specific yield was confirmed.
Disclaimer: Savings rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions in Minnesota.
It is always advisable to check with the specific financial institution's official website for the most current offers and terms.
Last Updated and Verified: March 5, 2026
How to Find the Best Savings Account in Minnesota
Frequently Asked Questions for Minnesota
What are the current savings rates in Minnesota and the surrounding area ▼
Below is a list of current savings and money market rates available for Minnesota. We track lenders daily to provide the most up-to-date APY and term information.
Lender / Product APY Min Dep Grand Rapids SB
Education Savings
5.12%
$0
Genisys Credit Union
Savings Accounts
5.12%
$0
Fidelity Bank & Trust (IA)
Snap $tack Savings
5.12%
$1,000
West Metro Schools Credit Union
Holiday Savings
5.00%
$0
Ultima Bank Minnesota
SMART Savings
4.32%
$0
Lender / Product APY Min Dep Southpoint Financial Credit Union
EzMoney Savings
4.07%
$0
Drake Bank
Little Drake Savings
4.07%
$0
Drake Bank
Investor Savings
3.92%
$0
FSB of Rosemount
Elite Business Savings
3.82%
$0
FSB of Rosemount
Elite Savings
3.82%
$0
Last Updated and Verified: March 5, 2026
What is a High-Yield Savings Account? ▼
A high-yield savings account is a type of savings account that pays a significantly higher interest rate (APY) than standard savings accounts. These are often offered by online banks that have lower overhead costs than traditional brick-and-mortar banks.
Are online savings accounts safe? ▼
Yes, as long as the online bank is FDIC insured. This provides the same level of protection (up to $250,000 per depositor) as a traditional bank. Always check for the FDIC logo on the bank's website.
Can I withdraw money from a savings account anytime? ▼
Yes, but there are limits. Federal Regulation D used to limit certain withdrawals to 6 per month, though this has been suspended. However, individual banks may still enforce transaction limits or charge fees for excessive withdrawals.
Do savings rates change? ▼
Yes, savings rates are variable and can change at any time based on the Federal Reserve's benchmark interest rates and market conditions. Unlike a CD (Certificate of Deposit), your savings rate is not locked in.
Cities in MinnesotaActon
Ada
Adams
Adolph
Adrian
Afton
Ah Gwah Ching
Aitkin
Akeley
Albany
Albert Lea
Alberta
Albertville
Alborn
Alden
Aldrich
Alexandria
Almelund
Alpha
Altura
Alvarado
Amboy
Andover
Angle Inlet
Angora
Angus
Annandale
Anoka
Appleton
Arco
Argyle
Arlington
Ashby
Askov
Atwater
Audubon
Aurora
Austin
Avoca
Avon
Babbitt
Backus
Badger
Bagley
Baker
Balaton
Barnesville
Barnum
Barrett
Barry
Battle Lake
Baudette
Baxter
Bayport
Beardsley
Beaver Bay
Beaver Creek
Becker
Bejou
Belgrade
Belle Plaine
Bellingham
Beltrami
Belview
Bemidji
Bena
Benedict
Benson
Bertha
Bethel
Big Falls
Big Lake
Bigelow
Bigfork
Bingham Lake
Birchdale
Bird Island
Biwabik
Blackduck
Blomkest
Blooming Prairie
Blue Earth
Bluffton
Bock
Borup
Bovey
Bowlus
Bowstring
Boyd
Braham
Brainerd
Brandon
Breckenridge
Brewster
Bricelyn
Brimson
Britt
Brook Park
Brooks
Brookston
Brooten
Browerville
Browns Valley
Brownsdale
Brownsville
Brownton
Bruno
Buckman
Buffalo
Buffalo Lake
Buhl
Burnsville
Burtrum
Butterfield
Byron
Caledonia
Callaway
Calumet
Cambridge
Campbell
Canby
Cannon Falls
Canton
Canyon
Carlos
Carlton
Carver
Cass Lake
Castle Rock
Cedar
Center City
Ceylon
Champlin
Chandler
Chanhassen
Chaska
Chatfield
Chisago City
Chisholm
Chokio
Circle Pines
Clara City
Claremont
Clarissa
Clark
Clarkfield
Clarks Grove
Clear Lake
Clearbrook
Clearwater
Clements
Cleveland
Climax
Clinton
Clitherall
Clontarf
Cloquet
Cohasset
Cokato
Cold Spring
Coleraine
Collegeville
Cologne
Comfrey
Comstock
Conger
Cook
Correll
Cosmos
Cottage Grove
Cotton
Cottonwood
Courtland
Crane Lake
Cromwell
Crookston
Crosby
Crosslake
Crystal Bay
Currie
Cushing
Cyrus
Dakota
Dalbo
Dalton
Danube
Danvers
Darfur
Darwin
Dassel
Dawson
Dayton
Deer Creek
Deer River
Deerwood
Delano
Delavan
Dennison
Dent
Detroit Lakes
Dexter
Dilworth
Dodge Center
Donaldson
Donnelly
Dover
Dovray
Duluth
Dumont
Dundas
Dunnell
Eagle Bend
Eagle Lake
East Grand Forks
Easton
Echo
Eden Prairie
Eden Valley
Edgerton
Effie
Eitzen
Elbow Lake
Elgin
Elizabeth
Elk River
Elko
Elkton
Ellendale
Elrosa
Ely
Elysian
Embarrass
Emily
Emmons
Erhard
Erskine
Esko
Essig
Euclid
Evansville
Eveleth
Excelsior
Eyota
Fairfax
Fairmont
Faribault
Farmington
Farwell
Federal Dam
Felton
Fergus Falls
Fertile
Fifty Lakes
Finland
Finlayson
Fisher
Fleming
Flensburg
Flom
Floodwood
Florence
Foley
Forbes
Forest Lake
Foreston
Fort Ripley
Fosston
Fountain
Foxhome
Franklin
Frazee
Freeborn
Freeport
Frontenac
Frost
Fulda
Garden City
Garfield
Garrison
Garvin
Gary
Gatzke
Gaylord
Geneva
Georgetown
Ghent
Gibbon
Gilbert
Gilman
Glencoe
Glenville
Glenwood
Glyndon
Gonvick
Good Thunder
Goodhue
Goodland
Goodridge
Graceville
Graham Lakes
Granada
Grand Marais
Grand Meadow
Grand Portage
Grand Rapids
Grandy
Granite Falls
Grasston
Green Isle
Greenbush
Greenwald
Grey Eagle
Grove City
Grygla
Gully
Hackensack
Hallock
Halma
Halstad
Hamburg
Hamel
Hampton
Hancock
Hanley Falls
Hanover
Hanska
Hardwick
Harmony
Harris
Hartland
Hastings
Hawick
Hawley
Hayfield
Hayward
Hector
Henderson
Hendricks
Hendrum
Henning
Henriette
Herman
Heron Lake
Hewitt
Hibbing
Hill City
Hillman
Hills
Hinckley
Hines
Hitterdal
Hoffman
Hokah
Holdingford
Holland
Hollandale
Holloway
Holmes City
Holyoke
Homer
Hope
Hopkins
Houston
Hovland
Howard Lake
Hoyt Lakes
Hugo
Humboldt
Huntley
Hutchinson
Ihlen
International Falls
Inver Grove Heights
Iona
Iron
Ironton
Isabella
Isanti
Isle
Itasca
Ivanhoe
Jackson
Jacobson
Janesville
Jasper
Jeffers
Jenkins
Jordan
Kanaranzi
Kandiyohi
Karlstad
Kasota
Kasson
Keewatin
Kelliher
Kellogg
Kennedy
Kenneth
Kensington
Kent
Kenyon
Kerkhoven
Kerrick
Kettle River
Kiester
Kilkenny
Kimball
Kinney
Knife River
Kroschel
La Crescent
La Salle
Lafayette
Lake Benton
Lake Bronson
Lake City
Lake Crystal
Lake Elmo
Lake Eunice
Lake George
Lake Hubert
Lake Lillian
Lake Park
Lake Wilson
Lakefield
Lakeland
Lakeville
Lamberton
Lancaster
Lanesboro
Lansing
Laporte
Lastrup
Le Center
Le Roy
Le Sueur
Lengby
Leonard
Leota
Lester Prairie
Lewiston
Lewisville
Lindstrom
Lismore
Litchfield
Little Falls
Littlefork
Loman
Long Lake
Long Prairie
Longville
Lonsdale
Loretto
Lowry
Lucan
Lutsen
Luverne
Lyle
Lynd
Madelia
Madison
Madison Lake
Magnolia
Mahnomen
Makinen
Manchester
Mankato
Mantorville
Maple Lake
Maple Plain
Mapleton
Marble
Marcell
Margie
Marietta
Marine On Saint Croix
Marshall
Max
Mayer
Maynard
Mazeppa
McGrath
Mcgregor
Mcintosh
McKinley
Meadowlands
Medford
Melrose
Melrude
Menahga
Mendota
Mentor
Merrifield
Middle River
Milaca
Milan
Millville
Milroy
Miltona
Minneapolis
Minneota
Minnesota City
Minnesota Lake
Minnetonka
Minnetonka Beach
Mizpah
Montevideo
Montgomery
Monticello
Montrose
Moorhead
Moose Lake
Mora
Morgan
Morris
Morristown
Morton
Motley
Mound
Mount Morris
Mountain Iron
Mountain Lake
Murdock
Nashua
Nashwauk
Navarre
Naytahwaush
Nelson
Nerstrand
Nett Lake
Nevis
New Auburn
New Germany
New London
New Market
New Munich
New Prague
New Richland
New Ulm
New York Mills
Newfolden
Newport
Nicollet
Nielsville
Nimrod
Nisswa
Norcross
North Branch
Northfield
Northome
Northrop
Norwood
Noyes
Oak Island
Oak Park
Oakland
Odessa
Odin
Ogema
Ogilvie
Okabena
Oklee
Olivia
Onamia
Ormsby
Oronoco
Orr
Ortonville
Osage
Osakis
Oslo
Osseo
Ostrander
Ottertail
Outing
Owatonna
Palisade
Park Rapids
Parkers Prairie
Paynesville
Pease
Pelican Rapids
Pemberton
Pengilly
Pennington
Pennock
Pequot Lakes
Perham
Perley
Peterson
Pierz
Pillager
Pine City
Pine Island
Pine River
Pipestone
Plainview
Plato
Plummer
Ponemah
Ponsford
Porter
Powers
Preston
Princeton
Prinsburg
Prior Lake
Puposky
Racine
Randall
Randolph
Ranier
Ray
Raymond
Reading
Reads Landing
Red Lake Falls
Red Wing
Redby
Redlake
Redwood Falls
Remer
Renville
Revere
Rice
Richmond
Richville
Richwood
Rochert
Rochester
Rock Creek
Rockford
Rockville
Rogers
Rollingstone
Roosevelt
Roscoe
Rose Creek
Roseau
Rosemount
Rothsay
Round Lake
Royalton
Rush City
Rushford
Rushmore
Russell
Ruthton
Sabin
Sacred Heart
Saginaw
Saint Bonifacius
Saint Charles
Saint Clair
Saint Cloud
Saint Francis
Saint Hilaire
Saint James
Saint Joseph
Saint Martin
Saint Michael
Saint Paul
Saint Paul Park
Saint Peter
Saint Stephen
Saint Vincent
Salol
Sanborn
Sandstone
Santiago
Sargeant
Sartell
Sauk Centre
Sauk Rapids
Savage
Sawyer
Scandia
Schroeder
Seaforth
Searles
Sebeka
Shafer
Shakopee
Shelly
Sherburn
Shevlin
Side Lake
Silver Bay
Silver Creek
Silver Lake
Slayton
Sleepy Eye
Solway
Soudan
South Haven
South International Falls
South Saint Paul
Spicer
Spring Grove
Spring Lake
Spring Park
Spring Valley
Springfield
Squaw Lake
St. Leo
Stacy
Stanchfield
Staples
Starbuck
Steen
Stephen
Stewart
Stewartville
Stillwater
Stockton
Storden
Strandquist
Strathcona
Sturgeon Lake
Sunburg
Swan River
Swanville
Swatara
Swift
Taconite
Talmoon
Tamarack
Taopi
Taunton
Taylors Falls
Tenstrike
Thief River Falls
Tintah
Tofte
Tower
Tracy
Trail
Trimont
Trosky
Truman
Twig
Twin Lakes
Twin Valley
Two Harbors
Tyler
Ulen
Underwood
Upsala
Utica
Vergas
Vermillion
Verndale
Vernon Center
Vesta
Victoria
Viking
Villard
Vining
Virginia
Wabasha
Wabasso
Waconia
Wadena
Wahkon
Waite Park
Waldorf
Walker
Walnut Grove
Waltham
Wanamingo
Wanda
Wannaska
Warba
Warren
Warroad
Warsaw
Waseca
Waskish
Watertown
Waterville
Watkins
Watson
Waubun
Waverly
Wayzata
Webster
Welch
Welcome
Wells
Wendell
West Albany
West Concord
West Union
Westbrook
Wheaton
White Earth
Willernie
Williams
Willmar
Willow River
Wilmont
Wilton
Windom
Winger
Winnebago
Winona
Winsted
Winthrop
Winton
Wirt
Wolf Lake
Wolverton
Wood Lake
Woodstock
Worthington
Wrenshall
Wright
Wykoff
Wyoming
Young America
Zimmerman
Zumbro Falls
Zumbrota
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