Best Money Market Rates in Illinois - June 2026
Content reviewed by
Brian McKay
i
Editorial Disclosure
Brian McKay
Brian McKay
Founder & Data ArchitectExpertise
- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
- Bank & Credit Union Health Safety Ratings
- Bank & Credit Union Star Ratings
- Finance Calculators
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Read Full Bio →
Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
Current Illinois money market deposit account rates include United Trust BankUnited Trust Bank12330 S Harlem Ave, Palos Heights, IL 60463A+5.0 ★Texas Ratio: 2.60% Money Market at 4.00% APY, FSB of ForrestFSB of Forrest133 E Krack St, Forrest, IL 61741A5.0 ★Texas Ratio: 7.75% Money Market Account at 4.00% APY, Waterman BankWaterman Bank248 W Lincoln Hwy, Waterman, IL 60556A+5.0 ★Texas Ratio: 3.95% Business Money Market at 3.82% APY, State Bank of TexasState Bank of Texas2615 W Devon Ave, Chicago, IL 60659A+5.0 ★Texas Ratio: 2.36% High-Rate Jumbo Money Market at 3.76% APY, and Republic Bank of ChicagoRepublic Bank of Chicago101 Main St, West Chicago, IL 60185A+5.0 ★Texas Ratio: 4.71% Business Money Market at 3.75% APY. Money market rates as of May 29, 2026 according to verified data from MonitorBankRates.
Use the tables below to compare money market rates across Illinois side-by-side. Illinois money market rates currently reach as high as 4.00% APY from United Trust Bank at 12330 S Harlem Ave, Palos Heights, IL 60463. Rates are continually updated — we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in Illinois and surrounding area. Last Updated and Verified: May 29, 2026
Compare the Best Money Market Rates Today in Illinois
Source: Verified Money Market Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
United Trust Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.60%
12330 S Harlem Ave, Palos Heights, IL 60463
Money Market
4.00%
$100,000
▼
Rate3.92%
Min Deposit$100,000
Min Balance—
UpdatedMay 17, 2026
Details
New Money Only
FSB of Forrest
Institution Rating:
A5.0 ★ Texas Ratio: 7.75%
133 E Krack St, Forrest, IL 61741
Money Market Account
4.00%
$0
▼
Rate3.93%
Min Deposit$0
Min Balance—
UpdatedMay 21, 2026
Details
United Trust Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.60%
12330 S Harlem Ave, Palos Heights, IL 60463
Premium Money Market Special
4.00%
$100,000
▼
Rate3.92%
Min Deposit$100,000
Min Balance—
UpdatedMay 17, 2026
Details
United Trust Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.60%
12330 S Harlem Ave, Palos Heights, IL 60463
Money Market
3.90%
$10,000
▼
Rate3.83%
Min Deposit$10,000
Min Balance—
UpdatedMay 17, 2026
Details
New Money Only
United Trust Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.60%
12330 S Harlem Ave, Palos Heights, IL 60463
Premium Money Market Special
3.90%
$10,000
▼
Rate3.83%
Min Deposit$10,000
Min Balance—
UpdatedMay 17, 2026
Details
Waterman Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.95%
248 W Lincoln Hwy, Waterman, IL 60556
Business Money Market
3.82%
$2,500
▼
Rate3.75%
Min Deposit$2,500
Min Balance—
UpdatedMay 28, 2026
Details
Waterman Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.95%
248 W Lincoln Hwy, Waterman, IL 60556
Money Market
3.82%
$2,500
▼
Rate3.75%
Min Deposit$2,500
Min Balance—
UpdatedMay 28, 2026
Details
State Bank of Texas
Institution Rating:
A+5.0 ★ Texas Ratio: 2.36%
2615 W Devon Ave, Chicago, IL 60659
High-Rate Jumbo Money Market
3.76%
$100,000
▼
Rate—
Min Deposit$100,000
Min Balance—
UpdatedMay 21, 2026
Details
Annual Percentage Yield is accurate as of posting date and applies to new money deposits only. Rate is subject to change without notice after account opening. Fees and/or withdrawals could reduce the earnings on the account. **$100,000.00 minimum balance required to earn stated rate.
Republic Bank of Chicago
Institution Rating:
A+5.0 ★ Texas Ratio: 4.71%
101 Main St, West Chicago, IL 60185
Business Money Market
3.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 21, 2026
Details
Together Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.30%
1153 Blue Spring Plz, Shiloh, IL 62269 7397
Money Market (IRA)
3.50%
$0
▼
Rate3.44%
Min Deposit$0
Min Balance—
UpdatedMay 18, 2026
Details
New money only
Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.04%
415 S Main St, Crystal Lake, IL 60014
Money Market Special
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.04%
415 S Main St, Crystal Lake, IL 60014
Money Market Special Intro rate
3.50%
$0
▼
Rate3.45%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
$15,000+
Together Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.30%
1153 Blue Spring Plz, Shiloh, IL 62269 7397
Money Market
3.50%
$0
▼
Rate3.44%
Min Deposit$0
Min Balance—
UpdatedMay 18, 2026
Details
New money only
Great Lakes Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.19%
2525 Green Bay Rd, North Chicago, IL 60064
Business Money Markets
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 23, 2026
Details
Great Lakes Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.19%
2525 Green Bay Rd, North Chicago, IL 60064
Business Money Market Account
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 23, 2026
Details
Accounts with $100,000.00 or greater will earn 3.50% APY* during the promotion and 2.05% APY after the promotion.
Harvard Community Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 5.84%
1200 S DIVISION ST, HARVARD, IL 60033 8601
Money Market
3.45%
$250,000
▼
Rate3.45%
Min Deposit$250,000
Min Balance—
UpdatedMay 23, 2026
Details
International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
5069 N Broadway St, Chicago, IL 60640
Premier Money Market
3.40%
$0
▼
Rate3.35%
Min Deposit$0
Min Balance—
UpdatedMay 21, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.72%
2500 N Halsted St, Chicago, IL 60614 6999
Business IMMA - Tier 9
3.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 22, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.72%
2500 N Halsted St, Chicago, IL 60614 6999
Business IMMA - Tier 8
3.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 22, 2026
Details
International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
5069 N Broadway St, Chicago, IL 60640
Money Market Account
3.35%
$0
▼
Rate3.30%
Min Deposit$0
Min Balance—
UpdatedMay 21, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.72%
2500 N Halsted St, Chicago, IL 60614 6999
Business IMMA - Tier 7
3.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 22, 2026
Details
First FSB of Mascoutah
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
101 W Main St, Mascoutah, IL 62258
Business Alumni Money Market*
3.34%
$10,000
▼
Rate3.29%
Min Deposit$10,000
Min Balance—
UpdatedMay 28, 2026
Details
First FSB of Mascoutah
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
101 W Main St, Mascoutah, IL 62258
Alumni MMDA (Money Market)*
3.34%
$10,000
▼
Rate3.29%
Min Deposit$10,000
Min Balance—
UpdatedMay 28, 2026
Details
International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
5069 N Broadway St, Chicago, IL 60640
Premier Money Market
3.30%
$0
▼
Rate3.25%
Min Deposit$0
Min Balance—
UpdatedMay 21, 2026
Details
Selfreliance Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.40%
2332 W Chicago Ave, Chicago, IL 60622
Money Market
3.29%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 29, 2026
Details
up to
Selfreliance Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.40%
2332 W Chicago Ave, Chicago, IL 60622
Money Market Accounts
3.29%
$0
▼
Rate3.25%
Min Deposit$0
Min Balance—
UpdatedMay 29, 2026
Details
Central Federal SLA
Institution Rating:
A+5.0 ★ Texas Ratio: 4.92%
5953 W Cermak Rd, Cicero, IL 60804
Premier High Yield Money Market
3.25%
$100,000
▼
Rate3.20%
Min Deposit$100,000
Min Balance—
UpdatedMay 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.72%
2500 N Halsted St, Chicago, IL 60614 6999
IRA-HSA IMMA - Tier 8
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 22, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.72%
2500 N Halsted St, Chicago, IL 60614 6999
IRA-HSA IMMA - Tier 9
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 22, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.72%
2500 N Halsted St, Chicago, IL 60614 6999
IMMA - Tier 8
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 22, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.72%
2500 N Halsted St, Chicago, IL 60614 6999
IRA-HSA IMMA - Tier 7
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 22, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.72%
2500 N Halsted St, Chicago, IL 60614 6999
IMMA - Tier 9
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 22, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.72%
2500 N Halsted St, Chicago, IL 60614 6999
IMMA - Tier 7
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 22, 2026
Details
Old National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.09%
4753 N Broadway St, Chicago, IL 60640
Money Market
3.25%
$20,000
▼
Rate—
Min Deposit$20,000
Min Balance—
UpdatedMay 21, 2026
Details
Earn a competitive rate when you open a Market Monitor account with a minimum $20,000 in new money.
International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
5069 N Broadway St, Chicago, IL 60640
Premier Money Market
3.20%
$0
▼
Rate3.15%
Min Deposit$0
Min Balance—
UpdatedMay 21, 2026
Details
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
3333 W 26th St, Chicago, IL 60623
High-Yield Money Market
3.20%
$25,000
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMay 21, 2026
Details
Minimum of **$25,000** not currently deposited at Huntington.
CenTrust Bank
Institution Rating:
B+4.7 ★ Texas Ratio: 18.83%
385 Waukegan Rd, Northbrook, IL 60062
Platinum Money Market Account
3.15%
$10,000
▼
Rate—
Min Deposit$10,000
Min Balance—
UpdatedMay 28, 2026
Details
Qualifying balance up to $10,000.00
Byline Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.13%
6945 N Clark St, Chicago, IL 60626
Advantage Money Market Account
3.15%
$25,000
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMay 21, 2026
Details
$25,000 minimum to open account. $25,000 minimum to earn 3.15% APY.
Inland Bank & Trust
Institution Rating:
A+5.0 ★
2805 Butterfield Rd, Oak Brook, IL 60523
Advantage Money Market Account
3.15%
$25,000
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMay 21, 2026
Details
$25,000 minimum to open account. $25,000 minimum to earn 3.15% APY.
Vibrant Credit Union
Institution Rating:
A-5.0 ★ Texas Ratio: 14.65%
4400 16th St, Moline, IL 61265
Insured Money Market
3.14%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 21, 2026
Details
Qualifying balance up to $15,000,000.00
Heartland Credit Union Springfield, IL
Institution Rating:
A+5.0 ★ Texas Ratio: 1.10%
2712 E Sangamon Ave, Springfield, IL 62702
Platinum Money Market Account
3.09%
$0
▼
Rate3.05%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
Heartland Credit Union Springfield, IL
Institution Rating:
A+5.0 ★ Texas Ratio: 1.10%
2712 E Sangamon Ave, Springfield, IL 62702
money market
3.09%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
First FSB of Mascoutah
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
101 W Main St, Mascoutah, IL 62258
Business Alumni Money Market*
3.08%
$10,000
▼
Rate3.04%
Min Deposit$10,000
Min Balance—
UpdatedMay 28, 2026
Details
First FSB of Mascoutah
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
101 W Main St, Mascoutah, IL 62258
Alumni MMDA (Money Market)*
3.08%
$10,000
▼
Rate3.04%
Min Deposit$10,000
Min Balance—
UpdatedMay 28, 2026
Details
International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
5069 N Broadway St, Chicago, IL 60640
Money Market Account
3.05%
$0
▼
Rate3.01%
Min Deposit$0
Min Balance—
UpdatedMay 21, 2026
Details
Armed Forces Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.63%
26 Farragut Avenue, Great Lakes, IL 60088
Premier Money Market 6 months
3.05%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 21, 2026
Details
Republic Bank of Chicago
Institution Rating:
A+5.0 ★ Texas Ratio: 4.71%
101 Main St, West Chicago, IL 60185
Digital Money Market
3.02%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 21, 2026
Details
Account must be funded with money not currently on deposit with Republic Bank of Chicago. Fees may reduce account earnings. APY is accurate as of 05/13/2026. APY may change and offer may be withdrawn at any time without notice.
Illinois State Police Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.67%
730 Engineering Ave, Springfield, IL 62703
Money Market Savings
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMay 22, 2026
Details
$100,000 +
NuMark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.46%
1654 Terry Dr, Joliet, IL 60436
Money Market
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMay 23, 2026
Details
North Shore Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.63%
1689 N Curran Rd, Mchenry, IL 60050
Premier Money Market
3.00%
$0
▼
Rate2.97%
Min Deposit$0
Min Balance—
UpdatedMay 17, 2026
Details
First National Bank in Olney
Institution Rating:
A+5.0 ★ Texas Ratio: 4.02%
203 W Main St, Oblong, IL 62449
High Yield Money Market
2.89%
$25,000
▼
Rate2.85%
Min Deposit$25,000
Min Balance—
UpdatedMay 29, 2026
Details
Heartland Credit Union Springfield, IL
Institution Rating:
A+5.0 ★ Texas Ratio: 1.10%
2712 E Sangamon Ave, Springfield, IL 62702
Platinum Money Market Account
2.84%
$0
▼
Rate2.80%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
Cornerstone Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.16%
550 W Meadows Dr, Freeport, IL 61032 7610
Insured High Yield Money Market
2.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 23, 2026
Details
Revity Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.42%
3970 Maryville Rd, Granite City, IL 62040 4179
Money Market Account
2.75%
$0
▼
Rate2.75%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
Illinois State Police Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.67%
730 Engineering Ave, Springfield, IL 62703
Money Market Savings
2.75%
$0
▼
Rate2.71%
Min Deposit$0
Min Balance—
UpdatedMay 22, 2026
Details
$25,000 - $99,999.99
North Shore Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.63%
1689 N Curran Rd, Mchenry, IL 60050
Premier Money Market
2.75%
$0
▼
Rate2.72%
Min Deposit$0
Min Balance—
UpdatedMay 17, 2026
Details
Land Of Lincoln Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.53%
3130 E Mound Rd, Decatur, IL 62526
MAXimum Money Market - Tier 4
2.71%
$0
▼
Rate2.68%
Min Deposit$0
Min Balance—
UpdatedMay 18, 2026
Details
First FSB of Mascoutah
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
101 W Main St, Mascoutah, IL 62258
Business Alumni PLUS Money Market*
2.67%
$10,000
▼
Rate2.64%
Min Deposit$10,000
Min Balance—
UpdatedMay 28, 2026
Details
First FSB of Mascoutah
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
101 W Main St, Mascoutah, IL 62258
Alumni MMDA (Money Market)*
2.67%
$10,000
▼
Rate2.64%
Min Deposit$10,000
Min Balance—
UpdatedMay 28, 2026
Details
First FSB of Mascoutah
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
101 W Main St, Mascoutah, IL 62258
Business Alumni Money Market*
2.67%
$10,000
▼
Rate2.64%
Min Deposit$10,000
Min Balance—
UpdatedMay 28, 2026
Details
F&M Bank of Hutsonville
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
108 S Main St, Hutsonville, IL 62433
Platinum Money Market & Above
2.66%
$1,500
▼
Rate2.62%
Min Deposit$1,500
Min Balance—
UpdatedMay 28, 2026
Details
$500,000.00
Cooperative Choice Network Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.71%
3919 N University St, Peoria, IL 61614 6938
Money Market
2.63%
$0
▼
Rate2.60%
Min Deposit$0
Min Balance—
UpdatedMay 18, 2026
Details
International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
5069 N Broadway St, Chicago, IL 60640
Money Market Account
2.55%
$0
▼
Rate2.52%
Min Deposit$0
Min Balance—
UpdatedMay 21, 2026
Details
Heartland Credit Union Springfield, IL
Institution Rating:
A+5.0 ★ Texas Ratio: 1.10%
2712 E Sangamon Ave, Springfield, IL 62702
Platinum Money Market Account
2.53%
$0
▼
Rate2.50%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
Acme Continental Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.96%
13601 S Perry Ave, Riverdale, IL 60827 1655
Money Market Account
2.53%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 23, 2026
Details
First FSB of Mascoutah
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
101 W Main St, Mascoutah, IL 62258
Alumni MMDA (Money Market)*
2.52%
$10,000
▼
Rate2.49%
Min Deposit$10,000
Min Balance—
UpdatedMay 28, 2026
Details
First FSB of Mascoutah
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
101 W Main St, Mascoutah, IL 62258
Business Alumni Money Market*
2.52%
$10,000
▼
Rate2.49%
Min Deposit$10,000
Min Balance—
UpdatedMay 28, 2026
Details
NuMark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.46%
1654 Terry Dr, Joliet, IL 60436
Money Market
2.50%
$0
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMay 23, 2026
Details
Cornerstone Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.16%
550 W Meadows Dr, Freeport, IL 61032 7610
Insured High Yield Money Market
2.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 23, 2026
Details
Illinois State Police Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.67%
730 Engineering Ave, Springfield, IL 62703
Money Market Checking
2.50%
$0
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMay 22, 2026
Details
$100,000 +
Rock Valley Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.27%
1201 Clifford Ave, Loves Park, IL 61111
Money Market Tier 4
2.50%
$0
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
Alliance Community Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.71%
321 N 6th St, Petersburg, IL 62675
Alliance Money Market
2.48%
$0
▼
Rate2.45%
Min Deposit$0
Min Balance—
UpdatedMay 29, 2026
Details
$1,500,000.00 and up
Cooperative Choice Network Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.71%
3919 N University St, Peoria, IL 61614 6938
Money Market
2.43%
$0
▼
Rate2.40%
Min Deposit$0
Min Balance—
UpdatedMay 18, 2026
Details
First FSB of Mascoutah
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
101 W Main St, Mascoutah, IL 62258
Alumni MMDA (Money Market)*
2.42%
$10,000
▼
Rate2.39%
Min Deposit$10,000
Min Balance—
UpdatedMay 28, 2026
Details
First FSB of Mascoutah
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
101 W Main St, Mascoutah, IL 62258
Business Alumni Money Market*
2.42%
$10,000
▼
Rate2.39%
Min Deposit$10,000
Min Balance—
UpdatedMay 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.72%
2500 N Halsted St, Chicago, IL 60614 6999
Business IMMA - Tier 6
2.40%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 22, 2026
Details
Citizens Equity First Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.36%
2323 E Empire St, Bloomington, IL 61704 8253
Insured Money Market Account (IMMA) TIER-4
2.35%
$0
▼
Rate2.32%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
Cooperative Choice Network Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.71%
3919 N University St, Peoria, IL 61614 6938
Money Market
2.32%
$0
▼
Rate2.30%
Min Deposit$0
Min Balance—
UpdatedMay 18, 2026
Details
Selfreliance Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.40%
2332 W Chicago Ave, Chicago, IL 60622
Money Market Accounts
2.27%
$0
▼
Rate2.25%
Min Deposit$0
Min Balance—
UpdatedMay 29, 2026
Details
Spring Valley City Bank
Institution Rating:
A-4.9 ★ Texas Ratio: 16.12%
315 N Cornelia St, Spring Valley, IL 61362
Platinum Money Market Accounts
2.27%
$0
▼
Rate2.25%
Min Deposit$0
Min Balance—
UpdatedMay 29, 2026
Details
Eureka Savings Bank
Institution Rating:
A5.0 ★ Texas Ratio: 7.10%
105 W 1st South St, Wenona, IL 61377
Essential Money Market
2.27%
$0
▼
Rate2.25%
Min Deposit$0
Min Balance—
UpdatedMay 28, 2026
Details
Heartland Credit Union Springfield, IL
Institution Rating:
A+5.0 ★ Texas Ratio: 1.10%
2712 E Sangamon Ave, Springfield, IL 62702
Platinum Money Market Account
2.27%
$0
▼
Rate2.25%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
Illinois Educators Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.11%
3101 Montvale Dr, Springfield, IL 62704 4260
Money Market
2.27%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
25000 +
Heartland Credit Union Springfield, IL
Institution Rating:
A+5.0 ★ Texas Ratio: 1.10%
2712 E Sangamon Ave, Springfield, IL 62702
money market
2.27%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
Gateway Metro Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.61%
848 N Green Mount Rd, Shiloh, IL 62221 3354
Money Market to Higher
2.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 23, 2026
Details
$150,000
Policemens Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.46%
4100 W 76TH ST, CHICAGO, IL 60652 5600
Money Market & Over
2.25%
$0
▼
Rate2.23%
Min Deposit$0
Min Balance—
UpdatedMay 22, 2026
Details
$50,000
Citizens Equity First Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.36%
2323 E Empire St, Bloomington, IL 61704 8253
Insured Money Market Account (IMMA) TIER-3
2.25%
$0
▼
Rate2.23%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
Illinois State Police Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.67%
730 Engineering Ave, Springfield, IL 62703
Money Market Checking
2.25%
$0
▼
Rate2.22%
Min Deposit$0
Min Balance—
UpdatedMay 22, 2026
Details
$25,000 - $99,999.99
Vantage Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 5.73%
13 Collinsville Ave, East Saint Louis, IL 62201
Money Market
2.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
Gas and Electric Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.19%
2300 4TH AVE, ROCK ISLAND, IL 61201
Money Market Account
2.25%
$0
▼
Rate2.23%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
Heartland Credit Union Springfield, IL
Institution Rating:
A+5.0 ★ Texas Ratio: 1.10%
2712 E Sangamon Ave, Springfield, IL 62702
Money Market Account
2.22%
$0
▼
Rate2.20%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details
First Community Bank of Moultrie County
Institution Rating:
A5.0 ★ Texas Ratio: 6.94%
1 S Main St, Sullivan, IL 61951
Select Money Market and up
2.22%
$1
▼
Rate2.20%
Min Deposit$1
Min Balance—
UpdatedMay 28, 2026
Details
$500,000.00
Alliance Community Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.71%
321 N 6th St, Petersburg, IL 62675
Alliance Money Market
2.22%
$0
▼
Rate2.20%
Min Deposit$0
Min Balance—
UpdatedMay 29, 2026
Details
$500,000.00 - $1,499,999.99
QCBT Quad City B&T Co.
Institution Rating:
A+5.0 ★ Texas Ratio: 4.58%
3551 7th St, Moline, IL 61265
Business Money Market
2.10%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 17, 2026
Details
First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
18207 Burnham Ave, Lansing, IL 60438
Diamond Money Market
2.05%
$50,000
▼
Rate2.03%
Min Deposit$50,000
Min Balance—
UpdatedMay 17, 2026
Details
Rates can change daily, Daily compounding
First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
18207 Burnham Ave, Lansing, IL 60438
Diamond Money Market 4th Tier
2.05%
$50,000
▼
Rate2.03%
Min Deposit$50,000
Min Balance—
UpdatedMay 17, 2026
Details
Rates can change daily, Daily compounding
Eureka Savings Bank
Institution Rating:
A5.0 ★ Texas Ratio: 7.10%
105 W 1st South St, Wenona, IL 61377
Essential Money Market
2.02%
$0
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedMay 28, 2026
Details
Warren-Boynton State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.80%
702 W Illinois St, New Berlin, IL 62670
Money Market Accounts
2.02%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 29, 2026
Details
First Community Bank, Xenia-Flora
Institution Rating:
A+5.0 ★ Texas Ratio: 4.12%
260 Front St, Xenia, IL 62899
Premier Money Market Account
2.02%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 28, 2026
Details
$100,000 +
FSB of Forrest
Institution Rating:
A5.0 ★ Texas Ratio: 7.75%
133 E Krack St, Forrest, IL 61741
Money Market Account
2.00%
$0
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMay 21, 2026
Details
Powered by
MonitorBankRates
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. Rates reflect recent market quotes and representative offers available to depositors in Illinois and the surrounding area.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.
Illinois Money Market Rate Trends
Compare local Illinois money market quotes against the statewide average
Daily money market rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
High-Yield MMA — IL Avg
3.199%
Unchanged vs 7 days ago
Illinois high-yield MMA rates currently average 3.199% APY.
Standard MMA — IL Avg
0.660%
▲ 0.010 vs 7 days ago
Illinois standard MMA rates rose 0.010 points over the past 7 days to 0.660% APY.
As of Jun 3, 2026 • Rate data sourced from 8,500+ monitored institutions
Powered by MonitorBankRates
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Illinois money market rate tables are free for consumers to use, and we do not receive payment from any financial institution to be included or to be ranked in any particular order. Listings are based solely on the rates each institution publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Money Market Rate Data: We aggregate money market deposit account rates for Illinois directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every money market rate displayed on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in Illinois. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in IL.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update money market rates daily. Because MMA yields can fluctuate rapidly based on market conditions, every product listed features its own specific “last updated” date, giving you complete transparency.
Frequently Asked Questions about Money Market Accounts in Illinois
What is a Money Market Account (MMA)?
A Money Market Account (MMA), formally known as a money market deposit account (MMDA), is a type of deposit account that often pays higher interest rates than standard savings accounts. They usually come with check-writing privileges and debit card access, offering a balance of growth and liquidity for savers in Illinois.
Are Money Market accounts in Illinois safe?
Yes, as long as the institution is FDIC insured (for banks) or NCUA insured (for credit unions). This provides federal protection for your deposits in Illinois up to $250,000 per depositor, per institution.
How often do MMA rates change in Illinois?
Money market rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Illinois rate tables daily to ensure you see the most current high-yield options.
Can I write checks from a Money Market Account?
Yes, most Money Market Accounts allow you to write a limited number of checks or make debit card transactions each month (typically up to 6), making them more flexible than a standard savings account.
How much do I need to deposit to open a money market account in Illinois?
Minimum deposit requirements vary widely. Some online money market deposit accounts can be opened with no minimum, while many banks and credit unions in Illinois require an initial deposit of $1,000 to $2,500 to earn the highest advertised APY. Larger deposits often unlock higher rate tiers, and FDIC or NCUA insurance protects deposits up to $250,000 per depositor, per institution.
Best Money Market Rates in Illinois
Here are some of the highest money market account APYs currently available in Illinois:
- United Trust Bank
Money Market — 4.00% APY - FSB of Forrest
Money Market Account — 4.00% APY - Waterman Bank
Business Money Market — 3.82% APY - State Bank of Texas
High-Rate Jumbo Money Market — 3.76% APY - Republic Bank of Chicago
Business Money Market — 3.75% APY
Money Market Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Illinois. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: May 29, 2026
Cities in Illinois
Rate Assistant
MonitorBankRates.com · Live Data
Try asking