Best Credit Union Savings Account Rates — September 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
- Bank & Credit Union Health Safety Ratings
- Finance Calculators
Top credit union savings rates currently available include SPECTRA Credit UnionSPECTRA Credit Union1024 Saint Nicholas Dr, Waldorf, MD 20603A+5.0 ★Texas Ratio: 6.72% offering Brilliant Kids Savings at 10.38% APY, and ORSA Credit UnionORSA Credit Union500 S HARVEY ST, PLYMOUTH, MI 48170 1759A5.0 ★Texas Ratio: 7.78% offering High Yield Savings at 10.00% APY, and ORSA Credit UnionORSA Credit Union500 S HARVEY ST, PLYMOUTH, MI 48170 1759A5.0 ★Texas Ratio: 7.78% offering High Yield Savings Account at 10.00% APY, and Radiant Credit UnionRadiant Credit Union405 SE 2nd PL, Gainesville, FL 32601 6808A+5.0 ★Texas Ratio: 4.88% offering Even-Up Share at 10.00% APY. Savings rates as of August 31, 2026 according to verified data from MonitorBankRates.
We evaluate every listed institution using proprietary Safety Grades (A+ to F), Star Ratings, and Texas Ratios — helping you find credit unions that offer both competitive rates and financial stability.
APYs reflect actual verified offers. Rates subject to change. Last Updated: August 31, 2026
Compare the Best Credit Union Savings Rates
See disclosures for details on APY calculation.
Save your money faster with 10.00% APY on your first $1,000! Pair it with your CloseEnuff Checking using grow & give and make the most of your cashflow! Rates are subject to change at any time. orsa credit union membership is required.
APY on balances of $.01 to $1,000.00. Balances of $1,000.01 and above earn an APY of 0.10%. Fees could reduce earnings.
No additional details available.
Rate = 0.050% | APY* 0.05% for balances $1,000.01 & over.
No additional details available.
No additional details available.
Warriors deployed in combat zones may deposit up to $10,000 into a Service CU Deployed Warrior Savings Account which earns 10% APY (Annual Percentage Yield) up to $10,000.00. If actual daily balance exceeds $10,000, the remaining balance will receive variable APY of 10%-0.10%. Rates are variable and subject to change; accurate as of 11/16/2025. Service member must be serving in a combat zone as defined by Service CU; orders of deployment to a combat zone must be provided. Direct deposit of net pay is required into members Service CU account. No minimum balance is required to open the Deployed Warrior Savings Account; $5 deposit is required to open a Primary Savings Account. Monthly deposits into a Deployed Warrior Savings Account cannot exceed the amount of your monthly net military pay; however, deposits into the Deployed Warrior Savings Account may be direct deposit, an allotment, or a transfer of funds from a Service CU account. Withdrawals are not permitted from a Deployed Warrior Savings Account. If a withdrawal is made from the Deployed Warrior Savings Account before the redeployment date plus 120 days, the funds in the Deployed Warrior Savings Account will be transferred to the Primary Savings Account, and the Deployed Warrior Savings Account will be closed. The Deployed Warrior Savings Account will stop accruing 10% APY at the end of the month of return date per deployment orders plus 120 days. eCommunications is required.
Receive $1 for every "A" or "B" on their semester report card; Member must redeem their filled sticker card in branch. The first $500 on deposit will earn 9.57% interest for an APY of 10.00%. All funds above $500 on deposits will earn the same rate as a regular savings account.
Super-high dividends; Cash rewards for deposits $1-$10 awarded at different transaction intervals; High dividends are paid out quarterly; At account opening, your child is given a special stamp card to track deposits. Once their stamp card is full of 24 stamps, your child is given the option of receiving $10, a movie ticket, or a plush Penny the Hedgehog stuffed animal.
No additional details available.
Qualifying balance up to $5,000.00
Qualifications Required: current, valid military ID; accept electronic documents; receive e-statements; make at least one deposit monthly; 8.00% only applies on the first $500 deposited as long as member meets all requirements. Requirements include: a current, valid military ID, accept electronic documents, receive e-statements and make at least one deposit monthly. Dividends compounded and credited quarterly. If the monthly deposit is not posted, the rate will revert to the current share savings rate for that month. This special rate will remain in effect as long as all requirements are met for the first $500. Balances over $500 will earn the regular share savings rate.
See full reward savings details and account requirements here .
No additional details available.
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Dividend rate applies to balances up to and including $1000.00. Balances of $1,000.01 and above will earn the same dividend rate as our Primary Share Savings account.
7.00% on first $500
Available for ages 0-19 years with a parent/guardian joint signer. It earns 7.00% APY on balances up to $500. Regular savings rate applies to balances above $500; dividend rate of 0.25%, APY of 0.25%. Dividend Period for balances above $500 is quarterly and dividends compound quarterly. No monthly fee or minimum balance. $1 to open. APY is accurate as of June 22, 2023.
Dividends are earned tax-free and qualified medical expense withdrawals are tax-free also. Balances greater than $1,000 earn a rate of 1.25% - 7.00% APY.
No additional details available.
No additional details available.
Qualifications Required: Maintain an eligible WEOKIE checking account; Enroll in e-Statements; Complete 4 qualifying transactions monthly; Featured rate on balances up to $1,000.00. Base rate applies to balances over $1,000.00.
No additional details available.
No additional details available.
No additional details available.
No additional details available.
Youth up to age 2612 earn a preferred rate on balances up to $1,000.
Promotional rate on balances up to $10,000.00. Balances in excess of $10,000.00 will earn dividends at the Credit Union's regular Money Market rate.
No additional details available.
6.00% on first $2500
6.00% APY on balances up to $2,500; balances over $2,500 will earn .01% APY on remaining balance.
No additional details available.
Balances up to $3,000: Rate 5.85%, APY 6.00%. Balances over $3,000: Rate 0.05%, APY 0.05%
Qualifying balance up to $2,000.00
Balances above $2,500.00 are paid the standard share savings rate.
Balances up to $3,000: Rate 5.85%, APY 6.00%. Balances over $3,000: Rate 0.05%, APY 0.05%
No additional details available.
Certificated and classified school employees of our Board approved SEGs are eligible for our Summertime Savings Account bonus rate.
No additional details available.
No additional details available.
No additional details available.
No additional details available.
Must be 17 years old or younger to open with a parent or legal guardian. The account balance will automatically be transferred to a Primary Savings Account during the calendar quarter following their 18th birthday.
APY (Annual Percentage Yield) if balance is above $5; subject to change.
APY (Annual Percentage Yield) if balance is above $5; subject to change.
Must be 17 years old or younger to open with a parent or legal guardian. The account balance will automatically be transferred to a Primary Savings Account during the calendar quarter following their 18th birthday.
No additional details available.
Age: up to 17; Balances up to $500
Balance: $1,000.01 and greater
No additional details available.
The Teen Savings matures on the teen's 18th birthday. Any withdrawal prior to maturity will result in a penalty of all dividends earned.
Interest-bearing account; First $500 deposited will yield 5.25% interest.
No additional details available.
$0-$1,000
Earn 5.25% APY on the first $500 in the account. Get a 0.25% APY boost on your Ignite Savings rate when you pair it with any OCCU checking account. First-year earnings are based on a 12-month average. APY effective 4/16/2026 and subject to change.
Qualifications Required: 5.13% APY will be paid only on the portion of your average daily balance that is greater than $1,000.01 and the portion of your average daily balance $0.00 - $1,000 earns 0.05% APY.; Age: up to 17 (or older with a current student id); Featured rate on balances up to $1,000.00
Available to members under the age of 21 years old and earns 5.00% APY up to $1,000 deposited, Regular Share Savings rate for balances thereafter; at 21, Youth Savings converts to a Regular Share Savings account. Charts assume that deposits remain in satisfactory standing for a full year. Penalty may apply for early withdrawals from Certificate accounts. Fees could reduce earnings on the account.
No additional details available.
No additional details available.
Join the Herd!
No additional details available.
Up to $1,000
TBD Savings; $0 - $1,000; Dividends Paid: Monthly
Includes: Earn Interest Daily No Monthly Service Fee Easy Online Access Quarterly Statements
Balances above $500 earn 0.25% APY.
No additional details available.
No additional details available.
No additional details available.
APY = Annual Percentage Yield. Paid on balance up to $1,000; competitive rate on higher balance.
For kids 7 and under; Prizes for deposits over $10; Annual birthday surprise
As high as
No additional details available.
Qualifying balance up to $10,000.00
No additional details available.
No additional details available.
Balances <= $3,000.00
No additional details available.
Introductory bonus dividend rate is paid on the first $2,500 balance for the first 12 months. Non-Bonus Rate is 0.05% with anticipated APY of 0.05% for balances of $2500.01 and greater. Offer subject to change without notice.
No additional details available.
Qualifications Required: provide and maintain a valid email address; be enrolled to receive e-statements
Balances up to $1,000.00
No additional details available.
Qualifying balance up to $1,000.00
*These rates are blended for balances over $1,000. For example, if a member has $1,000 in savings they would receive dividends at the 5.00% APY rate on the first $1,000 in funds, then dividends at the 0.20% rate on any balances between $1,000.01 and $5,000.00, and then dividends at the 0.15% rate on any balances over $5,000. Earn 5.00% APY on all balances up to $1,000. Rates may change after the account is open. Fees incurred may reduce earnings on the account. Limit one NEXT eSavings account per social security number. You must have an open and active NEXT rewards Checking account. Rates accurate as of June 1, 2023.
Rate: 4.89% on balances up to $1000, 0.05% above $1000; APY: 5.00% on balances up to $1000, 0.05% above $1000
No additional details available.
No additional details available.
No additional details available.
No additional details available.
UP TO AGE 21
Compounded Quarterly
No additional details available.
Qualifying balance up to $1,000.00
Qualifying balance up to $1,000.00
No additional details available.
Earn over 8x above the national savings average with tiered rates as high as 5.00% APY. Boost your savings without sacrificing flexibility. With our new High Yield Savings account, you earn our highest yield of our non-certificate options and get penalty-free access to your funds anytime. Great way to build your savings. Deposit or withdraw as needed. No monthly service fee. Dividends accrued daily and paid monthly.
No additional details available.
Qualifications Required: eStatements only; active online Bill Pay service or Direct Deposit; The APY for an account balance up to $500 in a First500 Account will be 5.00% APY when member has a First Entertainment Checking Account and has requested eStatements only (member must discontinue receipt of paper statements). Member must also have either active online Bill Pay service or Direct Deposit. Active is defined as one transaction every ninety (90) days for either service. First500 Youth Accounts will earn 5.00% APY on account balances up to $500 with Digital Banking enrollment and eStatements only. Balances above $500 in qualifying accounts and any balance in a non-qualifying First500 Account will earn the First500 Savings Base Rate. One First500 Account per Social Security Number. Rates subject to change without notice and may vary. In certain instances when the minimum balance is not maintained and no other services or accounts are open, a low balance monthly fee may apply. Check with the credit union for complete details.
Dividends Earned Monthly
Qualifications Required: Internet access and eStatement only; Balances above $500 in qualifying accounts and any balance in a non-qualifying First500 account will earn the First500 Savings Base Rate. One First500 Account per Social Security Number. Must have a parent or legal guardian as Joint Owner. Joint Owner must be a member in good standing.
Balances from $1.00 to $500 earn 5.00% APY. Balances over $500 will earn the current savings APY. Variable rate accounts rates and terms are subject to change without notice. Available for children 16 and under. To obtain the blended dividend rate, there is a limit of one account for each unique minor/joint ownership. Dividends are calculated on daily balance and credited monthly. Fees could reduce earnings. Membership eligibility applies.
On Balances Up To $1000.00
First $1,000 grows at highest available rates. Your next $500 earns 3% APY.
Dividends Earned Monthly
Qualifying balance up to $1,000.00
No additional details available.
Balances exceeding $5,000 will earn 0.100% APY.
Balances $1,000.01 and over will earn a lower, standard savings dividend rate than the first $1,000 on deposit in A$pire and AngelSavers accounts.
No additional details available.
No additional details available.
No additional details available.
Qualifications Required: being age 19 or younger; provide a valid, government issued photo ID or the social security number for minors; parent or legal guardian must be joint on the account; 5.00% applies only on the first $500 deposited as long as the member meets all requirements. Requirements include: being age 19 or younger, you must provide a valid, government issued photo ID or the social security number for minors. For minors, a parent or legal guardian must be joint on the account. At age 20 the balance will transfer to the prime share account. Deposits over $500.00 will earn the regular share savings rate. Dividends paid quarterly. Account transfer limitations may apply. Rate may change after account opening. Minimum balance required to obtain APY.
No additional details available.
APY on the first $1,000. Balances above $1,000 will earn our regular savings rate.
No additional details available.
Make a debit purchase - We'll put 5 into a Unitus Rewards savings account for every purchase of $5.00 and up. Round up your purchase. Available with Unitus Checking.
APY on first $500; 0.25% APY on funds over $500. Annual Percentage Yield (APY) is accurate as of the last dividend declaration date of 10/16/2025 and subject to change without notice. Dividends paid on daily balances of up to $500; variable APY of 5.00%. If actual daily balance exceeds $500, the remaining balance will receive variable APY of 5%-0.25%. Dividends are calculated based on the daily balance with the sum of the daily earnings credited on the last day of each month. Must be a member of Service CU or establish membership with $5 in a Primary Savings Account.
Dividends paid on daily balances of up to $500; variable APY of 5.00%. If actual daily balance exceeds $500, the remaining balance will receive variable APY of 5%-0.25%. Dividends are calculated based on the daily balance with the sum of the daily earnings credited on the last day of each month.
$0-500
Balances up to $1,000.00
For the Accelerate It Savings account, the dividend rate and annual percentage yield are subject to change without notice after account opening. APY dividend of 5.00% is earned on balances $100.00 to $5,000.99. Balances $5,001.00 and above will receive APY of 0.20%. One Accelerate It Savings per Social Security or Taxpayer Identification Number. For Accelerate It Savings accounts, you must have an open checking account located under the same membership number as the Accelerate It Savings account. If your checking account is closed for any reason, your Accelerate It Savings account will convert to a Regular Savings account. You must be 22 years or older to open an Accelerate It Savings account. Rate offers accurate as of 06/01/2025. APY is accurate as of the last dividend declaration date. Other rates and terms available. Fees may reduce earnings on the account. Membership eligibility required.
No additional details available.
Qualifications Required; Qualifying balance up to $25,000.00
Age: 0-13 years. Account automatically changes to SmartPlus Savings account at age 14. Gesa will match deposits up to $25, in $5 increments, within the first year that the account is opened. If less than $5 is deposited at one time, a savings match equaling the amount deposited will be made within one business day of the account deposit. Once the $25 maximum deposit match is met, no additional savings matches will be allowed on the account. Savings Match only eligible for deposits made at a Gesa branch or through mobile deposit. Limit of one savings match of $5, per member, per day. Once per season (Fall, Winter, Spring, Summer), Explorer Savings account holders can bring in their report card and Gesa will deposit $5 for each report card shown to a teller. Report card can be in paper or electronic format. In place of report card, documentation can consist of note from parent or guardian or item of schoolwork. Material presented must be dated within the past 90 days to be considered. Super Student Incentive deposit will be made within one business day of the presentation of a report card. Super Student incentive will be capped at $20 per calendar year, per member. Members will be limited to one Super Student Match per member, per season. The incentive payments may be subject to required IRS reporting.
5.00% APY on balances up to $5,000, balances over $5,000 will earn 0.100% APY on remaining balance. Rates are subject to change.
1
Earn 5% interest on your savings for the first $1,000 saved. Rates are current as of 5/15/2025 and are subject to change without notice.
No additional details available.
No additional details available.
No additional details available.
A dividend rate of 5.00% will be paid on the balance in your account up to the first $1,000.00. A dividend rate of 0.10% will be paid on the portion of your balance in your account that exceeds $1,000.00. For example, a balance between $1,000-$2,000 would earn between 5.116%-2.551% APY. Assumes that all funds, including dividends, remain on deposit for 365 days.
No additional details available.
The funds in the account that are over $1,000 will earn the regular savings rate. When a member turns 18, the entire account will earn the regular savings rate.
No additional details available.
The Youth Savings matures on the child's 13th birthday. Any withdrawal prior to maturity will result in a penalty of all dividends earned.
No additional details available.
No additional details available.
No additional details available.
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No additional details available.
Up to the first $5,000; Funds over $100,000
No additional details available.
Tiered account; rate applies to entire balance. Federally insured by NCUA.
No additional details available.
No additional details available.
No additional details available.
No additional details available.
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No additional details available.
No additional details available.
Your savings account through ASECU is liquid. It can be used at anytime when you need cash. We do not offer CD's.
Get 4.10% APY* with a 13 month term and $500 minimum deposit.
No additional details available.
No additional details available.
Balances below $15,000 will earn .05 APR
No additional details available.
No additional details available.
No additional details available.
For portion of account balance up to $5,000.00
No additional details available.
No additional details available.
No additional details available.
No additional details available.
Rates as of 10/3/22 and subject to change at any time. IMMA = Insured Money Management Account APY = Annual Percentage Yield. Dividends paid monthly. Rates as of 10/3/22 and subject to change at any time.
Rates as of 10/3/22 and subject to change at any time. IMMA = Insured Money Management Account APY = Annual Percentage Yield. Dividends paid monthly. Rates as of 10/3/22 and subject to change at any time. * $500 minimum deposit. Rates as of 8/3/26 and subject to change at any time. Rates are fixed for the term. Annual Percentage Yield (APY) reflects dividends compounded and paid into the certificate monthly. Early withdrawal penalties apply. 7-month, 19-month, and 31-month certificates are promotional terms and rates. These promotions can end at any time.
No additional details available.
Balances $1 - $2,500 Earn 4.06% APY. Balances $2,501+ Earn 0.25% APY. Dividends paid Quarterly
No additional details available.
No additional details available.
Minimum Balance
No additional details available.
Any amount over $500 with receive the Regular Savings Rate of .05% APY.
No additional details available.
No additional details available.
No additional details available.
No additional details available.
No additional details available.
Highest yield on balances up to $1,000.
No additional details available.
No additional details available.
Qualifications Required: At least 10 debit card purchases; At least 1 ACH debit, 1 direct deposit, or 1 bill pay transaction; Be enrolled in and agree to receive e-Statements; Qualifying for your Kasasa Cash, Kasasa Cash Back, Kasasa Eats, or Kasasa Play rewards automatically qualifies you for the highest Kasasa Saver rate, too.
Earn 4.00% APY on balances of $10,000 and over. No account fees when you stay enrolled in eStatements. Federally insured deposits. Penalty-free withdrawals. As of 08/13/26.
Qualifications Required: At least $500 in deposits and 10 withdrawals per month on an active checking account; Premium Rate : To receive the premium interest rate an active checking account that meets monthly minimums of $500 in deposits and 10 withdrawals is required. The premium rate will be applied at the end of each month on balances up to $25,000. Non-Premium Rate : Interest rate will decrease for balances above $25,000. Base Rate : Interest rate applied if checking activity doesn't qualify.
No additional details available.
Qualifications Required: Qualifying factors being met during each statement cycle; APY effective as of 2/1/26 and is subject to change at any time. 0.03% APY on balances of more than $50,000, subject to qualifying factors being met during each statement cycle. 0.03% APY if qualifications are not met. Limit one Max My Savings account per primary account holder. To open Max My Savings, you'll need to have a Verity Cash Back or Double Cash Back Checking account.
No additional details available.
Earn 4.00% APY* on balances up to $25,000; Earn 0.500% APY* on balances over $25,000
Earn more while you save with our High-Interest Savings account. With 4% interest on balances up to $5,000, your money grows faster while staying accessible.
The APY is accurate as of the effective date. Rates and terms are subject to change. Fees could reduce earnings.
Loyalty Rate
Program available to eligible members and non-members. Non-members will need to establish a Kemba membership. Accounts opened prior to 4/1/2025 may remain below the $500 minimum starting deposit. Balances falling below $500 will be transferred to a Regular Savings account and the Ohio Homebuyer Plus Account will be closed. Maximum contribution to the account is $100,000. Ohio Homebuyer Plus accounts are individual accounts only, however, two individuals who are legally married may be eligible to open and fund individual Accounts held under their own membership. Funds must be used within five years of account opening. Once accounts opened on or after 4/1/2025 reach the contribution maximum of $100,000, program requirements indicate the member must use the funds for purchase of a primary residence within 12 months. Members shall hold not more than one Ohio Homebuyer Savings Program account at any time except as allowed in the Ohio Homebuyer Savings Plus Participation Statement. Dividend rates accurate as of 4/1/2025. Dividend rates are subject to change. Program terms and/or program deposit requirements or limits are subject to change or termination at any time, without prior notice, at the sole discretion of the Treasurer of the State of Ohio or Kemba Credit Union, Inc. Member will need to apply and certify information to the State of Ohio, to be approved for participation. Federally insured by NCUA.
Balances of $.01 to $500.00
Qualifying balance up to $10,000.00
Ages: 17 & Younger; Liquid Savings Account<br/> Can Add Funds At Anytime<br/> Can Withdraw Funds At Anytime
Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Qualifying: $0.01 - $100,000.00; Monthly
Qualifications Required: Direct deposit(s) of at least $500.00 to a Freedom Direct, Justice National, Beyond the Badge or Student checking account during a month; Freedom Direct Savings will earn 4.00% APY on balances up to $25,000 if the accountholder has direct deposit(s) of at least $500.00 to a Freedom Direct, Justice National, Beyond the Badge or Student checking account during a month. Balances over $25,000 will earn 0.150% APY and all balances in a month when qualifications are not met will earn the standard Share Savings APY starting at 0.100%. One Freedom Direct Savings per Justice Federal membership. Justice Federal reserves the right to withdraw this offer at any time.
On your first $10,000
No additional details available.
No additional details available.
No additional details available.
Qualifications Required; Qualifying balance up to $100,000.00
Limited Time Special Rate up to $5,000**
No additional details available.
Savings Rate Trends
Daily averages from thousands of rates across 8,500+ institutions.
Why Choose a Credit Union for Your Savings?
Credit unions are member-owned, not-for-profit financial cooperatives. Because they don’t answer to shareholders, they can return earnings to members through higher savings rates, lower loan rates, and minimal fees. Accounts at NCUA-insured credit unions carry the same federal deposit protection as FDIC-insured banks — up to $250,000 per depositor.
Many credit unions have expanded membership eligibility well beyond their original sponsor groups. Checking eligibility is easier than ever: most credit unions allow anyone who lives, works, worships, or attends school in a specific geographic area, or who joins an affiliated organization (sometimes with a small one-time donation), to qualify for membership.
How to Find the Best Credit Union Savings Rate
Because credit unions are community-based, the best rate for you depends on your location and eligibility. Use the state filter above to narrow results to credit unions operating in your area. For each institution, MonitorBankRates displays Safety Grades, Star Ratings, and Texas Ratios so you can weigh institutional health alongside the advertised APY.
What a Credit Union Savings Account Earns
Credit unions return earnings to members rather than shareholders, and that usually shows up directly in the APY. Here is a year of interest at the current credit union average versus the top verified offer in our table.
| Balance | Earned in 1 Year at 0.27% APY Credit union average |
Earned at 10.00% APY Top offer in our table | Difference |
|---|---|---|---|
| $1,000 | $2.69 | $100.00 | $97.31 |
| $5,000 | $13.43 | $500.00 | $486.57 |
| $10,000 | $26.87 | $1,000.00 | $973.13 |
| $25,000 | $67.17 | $2,500.00 | $2,432.83 |
| $50,000 | $134.35 | $5,000.00 | $4,865.65 |
Assumes the rate holds for the full year with no withdrawals and monthly compounding. Credit unions pay dividends rather than interest — the same thing under a different name, declared periodically by the board. Rates are variable and can change.
How Credit Union Membership Actually Works
The main reason people skip credit union rates is assuming they won’t qualify. The eligibility rules are far looser than the reputation suggests.
Where You Live, Work, or Worship
Most credit unions now hold a community charter covering one or more counties. If you live, work, attend school, or worship in the area — or a family member does — you are eligible. That single rule covers the large majority of applicants.
Employer and Association Groups
Many credit unions serve employees of particular companies plus members of affiliated associations. Check the sponsor list before assuming you’re out; people are frequently eligible through a job they already hold and never realise it.
The Partner-Charity Route
Where no other path fits, many credit unions extend eligibility to anyone who joins a partner non-profit, often for a one-time donation of a few dollars. It is a legitimate and widely used route to membership.
The Share Account
Joining means opening a share account, typically $5 to $25. That deposit is your ownership stake — it stays yours, earns dividends, and is returned if you close the account. It is a deposit, not a fee.
Nearly all credit unions keep your membership even if you move away or change jobs. Joining one with strong rates today preserves access to every product they offer later.
Is Your Money as Safe as It Is at a Bank?
Yes — the protection is equivalent, it simply carries a different name. This is the second most common hesitation after membership, and it rests on a misunderstanding.
| Credit Union | Bank | |
|---|---|---|
| Insurer | NCUA (National Credit Union Administration) | FDIC |
| Backed By | ✓ Full faith and credit of the U.S. government | ✓ Full faith and credit of the U.S. government |
| Coverage Limit | $250,000 per depositor, per institution, per ownership category | $250,000 per depositor, per institution, per ownership category |
| Savings Accounts Covered | ✓ Yes | ✓ Yes |
| Who Owns It | Its members — you | Shareholders |
| Where Profits Go | Back to members as better rates and lower fees | To shareholders as dividends |
| What Interest Is Called | Dividends — same thing, different terminology | Interest |
Limits are per depositor, per insured institution, per ownership category — individual and joint accounts count separately, so a couple can hold more than the single-owner limit at one institution. Verify any credit union at ncua.gov before depositing.
About Our Credit Union Savings Rate Database
This page tracks savings accounts offered by credit unions specifically, drawn from the thousands of verified rates in our database. Every APY is sourced directly from the credit union’s own website and re-verified regularly, and each listing carries our Health Grade so the rate can be weighed against financial stability.
The highest verified APY in our table right now is 10.00% APY from ORSA Credit Union. APYs on these accounts are variable — the institution can change the rate at any time without notice, so today’s leader may not lead next quarter.
Credit Union Savings Calculator
See what your balance would earn at a credit union savings APY. We’ve prefilled the top verified rate — click any rate on the right to compare.
Assumes the APY holds for the entire period and dividends compound monthly with no withdrawals. Credit union dividend rates are variable and declared periodically — treat multi-year figures as illustrative. Some accounts require a minimum balance to earn the advertised rate, and dividends are generally taxable. Not a rate guarantee or an offer.
Methodology & Data Sources
Direct-Sourced & Verified Rate Data: We aggregate credit union savings rates directly from the official websites of credit unions using our proprietary rate aggregation technology. By pulling data straight from institutions’ own digital properties and manually verifying yields daily, every rate on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and Coast-to-Coast Coverage: Our systems monitor thousands of credit unions across all 50 states. Because credit unions frequently serve specific geographic areas or membership groups, using the state filter is highly recommended to surface the best local options.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update credit union savings rates daily. Every product listed features its own specific “last updated” date for full transparency.
Proprietary Institution Health & Safety Grades: MonitorBankRates evaluates the financial stability of every listed credit union. Our Health Grades (A+ to F) and Star Ratings are composite metrics calculated using objective NCUA regulatory data — including the Texas Ratio — ensuring you choose financially secure institutions.
Savings Calculators
Frequently Asked Questions about Credit Union Savings
What is a Credit Union?
Are credit union savings accounts safe?
How do I join a credit union?
Do credit unions offer better rates than banks?
Can I open a credit union account online?
What is the difference between a credit union share account and a savings account?
What fees do credit unions charge on savings accounts?
What are the best Credit Union Savings rates right now?
- SPECTRA Credit Union
Brilliant Kids Savings — 10.38% APY - ORSA Credit Union
High Yield Savings — 10.00% APY - Radiant Credit Union
Even-Up Share — 10.00% APY - Panhandle Credit Union
Rising Tide Youth Share — 10.00% APY - Cyprus Federal Credit Union
Dream Round Up Savings — 10.00% APY
More Savings Rate Options
