Best Money Market Rates in Chicago, Illinois (IL) - April 2026
Content reviewed by
Brian McKay
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Editorial Disclosure
Brian McKay
Brian McKay
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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 Chicago, Illinois and the surrounding area money market rates include United Trust BankUnited Trust BankA+5.0 ★Texas Ratio: 2.60% Premium Money Market Special at 4.00% APY, Waterman BankWaterman Bank1747 W North Ave, Chicago, IL 60622A+5.0 ★Texas Ratio: 3.95% Money Market at 3.82% APY, The Huntington National BankThe Huntington National Bank3333 W 26th St, Chicago, IL 60623A+5.0 ★Texas Ratio: 4.60% High-Yield 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 Gold Coast BankGold Coast Bank1165 N Clark St, Chicago, IL 60610A5.0 ★Texas Ratio: 6.28% GCB Money Market Account at 3.67% APY. Money market rates as of April 22, 2026 according to verified data from MonitorBankRates.
Chicago has 28 local institutions in our database, with money market rates as high as 3.82% APY from Waterman Bank at 1747 W North Ave, Chicago, IL 60622. Use the table below to compare all available offers, including options from institutions serving the broader Illinois area. Rates are continually updated — we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in Chicago, Illinois and surrounding area. Last Updated and Verified: April 22, 2026
Compare the Best Money Market Rates Today in Chicago, Illinois & the Surrounding Area
Source: Verified Money Market Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Waterman Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.95%
1747 W North Ave, Chicago, IL 60622
Money Market
3.82%
$2,500
▼
Rate3.75%
Min Deposit$2,500
Min Balance—
UpdatedApr 16, 2026
Details
Qualifying balance up to $2,499.99
Waterman Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.95%
1747 W North Ave, Chicago, IL 60622
Business Money Market
3.82%
$2,500
▼
Rate3.75%
Min Deposit$2,500
Min Balance—
UpdatedApr 16, 2026
Details
Qualifying balance up to $2,499.99
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
3333 W 26th St, Chicago, IL 60623
High-Yield Money Market
3.82%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 22, 2026
Details
Earn between 3.20%-3.82% APY based on your zip code; Minimum of $25,000 not currently deposited at Huntington.
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—
UpdatedApr 22, 2026
Details
Rate is subject to change without notice after account opening. Fees and/or withdrawals could reduce the earnings on the account.
Gold Coast Bank
Institution Rating:
A5.0 ★ Texas Ratio: 6.28%
1165 N Clark St, Chicago, IL 60610
GCB Money Market Account
3.67%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 17, 2026
Details
First Merchants Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.78%
13323 S Baltimore Ave, Chicago, IL 60633
Money Market Special
3.55%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 22, 2026
Details
Rates may vary by zip code.
Great Lakes Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.78%
1011 W Lawrence Ave, Chicago, IL 60640 5017
Business Money Market Account
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Great Lakes Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.78%
1011 W Lawrence Ave, Chicago, IL 60640 5017
Business Money Markets
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Verve a Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.81%
525 W Roosevelt Rd, Chicago, IL 60607 4908
Verve Optimum Money Market BUNDLED
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 8, 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—
UpdatedApr 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—
UpdatedApr 22, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
Business IMMA - Tier 8
3.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
Business IMMA - Tier 7
3.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
Business IMMA - Tier 9
3.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 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
3.30%
$0
▼
Rate3.25%
Min Deposit$0
Min Balance—
UpdatedApr 22, 2026
Details
Selfreliance Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.56%
2332 W Chicago Ave, Chicago, IL 60622
Money Market Accounts
3.29%
$0
▼
Rate3.25%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Selfreliance Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.56%
2332 W Chicago Ave, Chicago, IL 60622
Money Market
3.29%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
up to
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IMMA - Tier 7
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IRA-HSA IMMA - Tier 9
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IRA-HSA IMMA - Tier 8
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IRA-HSA IMMA - Tier 7
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IMMA - Tier 9
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IMMA - Tier 8
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Verve a Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.81%
525 W Roosevelt Rd, Chicago, IL 60607 4908
Optimum Money Market
3.24%
$0
▼
Rate3.19%
Min Deposit$0
Min Balance—
UpdatedApr 8, 2026
Details
Republic Bank of Chicago
Institution Rating:
A+5.0 ★ Texas Ratio: 4.71%
2720 W Devon Ave, Chicago, IL 60659
Digital Money Market
3.22%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedApr 22, 2026
Details
Includes our highest money market rate and the ease of online account opening.
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
3333 W 26th St, Chicago, IL 60623
Huntington Relationship Money Market
3.20%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 22, 2026
Details
Byline Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.13%
6945 N Clark St, Chicago, IL 60626
Advantage Money Market Account
3.20%
$25,000
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedApr 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
3.20%
$0
▼
Rate3.15%
Min Deposit$0
Min Balance—
UpdatedApr 22, 2026
Details
Inland Bank & Trust
Institution Rating:
A+5.0 ★
1000 W Washington Blvd, Chicago, IL 60607
Advantage Money Market Account
3.20%
$25,000
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedApr 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
3.05%
$0
▼
Rate3.01%
Min Deposit$0
Min Balance—
UpdatedApr 22, 2026
Details
NuMark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.18%
3040 S Halsted St, Chicago, IL 60608
Money Market
3.00%
$250,000
▼
Rate2.96%
Min Deposit$250,000
Min Balance—
UpdatedApr 18, 2026
Details
Verve a Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.81%
525 W Roosevelt Rd, Chicago, IL 60607 4908
Optimum Money Market
2.99%
$0
▼
Rate2.95%
Min Deposit$0
Min Balance—
UpdatedApr 8, 2026
Details
Verve a Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.81%
525 W Roosevelt Rd, Chicago, IL 60607 4908
Optimum Money Market
2.75%
$0
▼
Rate2.71%
Min Deposit$0
Min Balance—
UpdatedApr 8, 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—
UpdatedApr 22, 2026
Details
Acme Continental Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.04%
55 E Jackson Blvd Fl 1, Chicago, IL 60604 4100
Money Market Accounts
2.53%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Verve a Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.81%
525 W Roosevelt Rd, Chicago, IL 60607 4908
Verve Optimum Money Market NON-BUNDLED
2.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 8, 2026
Details
NuMark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.18%
3040 S Halsted St, Chicago, IL 60608
Money Market
2.50%
$100,000
▼
Rate2.47%
Min Deposit$100,000
Min Balance—
UpdatedApr 18, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
Business IMMA - Tier 6
2.40%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Selfreliance Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.56%
2332 W Chicago Ave, Chicago, IL 60622
Money Market Accounts
2.27%
$0
▼
Rate2.25%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Policemens Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.46%
4100 W 76TH ST, CHICAGO, IL 60652 5600
Money Market
2.25%
$0
▼
Rate2.23%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Verve a Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.81%
525 W Roosevelt Rd, Chicago, IL 60607 4908
Optimum Money Market
2.24%
$0
▼
Rate2.22%
Min Deposit$0
Min Balance—
UpdatedApr 8, 2026
Details
First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
13220 S Baltimore Ave, Chicago, IL 60633
Diamond Money Market
2.05%
$50,000
▼
Rate2.03%
Min Deposit$50,000
Min Balance—
UpdatedApr 17, 2026
Details
Rates can change daily, Daily compounding
First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
13220 S Baltimore Ave, Chicago, IL 60633
Diamond Money Market 4th Tier
2.05%
$50,000
▼
Rate2.03%
Min Deposit$50,000
Min Balance—
UpdatedApr 17, 2026
Details
Rates can change daily, Daily compounding
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IRA-HSA IMMA - Tier 6
2.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IMMA - Tier 6
2.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
Business IMMA - Tier 5
2.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IMMA - Tier 5
2.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IRA-HSA IMMA - Tier 5
2.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Verve a Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.81%
525 W Roosevelt Rd, Chicago, IL 60607 4908
Optimum Money Market
2.00%
$0
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedApr 8, 2026
Details
Policemens Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.46%
4100 W 76TH ST, CHICAGO, IL 60652 5600
Money Market
2.00%
$0
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
13220 S Baltimore Ave, Chicago, IL 60633
Diamond Money Market 3rd Tier
1.80%
$50,000
▼
Rate1.78%
Min Deposit$50,000
Min Balance—
UpdatedApr 17, 2026
Details
Rates can change daily, Daily compounding
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
Money Market Business Checking - Tier 3
1.80%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
13220 S Baltimore Ave, Chicago, IL 60633
Diamond Money Market
1.80%
$50,000
▼
Rate1.78%
Min Deposit$50,000
Min Balance—
UpdatedApr 17, 2026
Details
Rates can change daily, Daily compounding
International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
5069 N Broadway St, Chicago, IL 60640
Money Market Account
1.79%
$0
▼
Rate1.78%
Min Deposit$0
Min Balance—
UpdatedApr 22, 2026
Details
Maroon Financial Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.74%
5525 S Ellis Ave Ste C, Chicago, IL 60637
Money Market, Regular & IRA
1.77%
$0
▼
Rate1.75%
Min Deposit$0
Min Balance—
UpdatedApr 19, 2026
Details
Selfreliance Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.56%
2332 W Chicago Ave, Chicago, IL 60622
Money Market Accounts
1.76%
$0
▼
Rate1.75%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Acme Continental Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.04%
55 E Jackson Blvd Fl 1, Chicago, IL 60604 4100
Money Market Accounts
1.76%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Metropolitan Capital B&T
Institution Rating:
C3.9 ★ Texas Ratio: 28.57%
9 E Ontario St, Chicago, IL 60611
Money Market Account (MMA)
1.75%
$0
▼
Rate1.74%
Min Deposit$0
Min Balance—
UpdatedApr 16, 2026
Details
Policemens Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.46%
4100 W 76TH ST, CHICAGO, IL 60652 5600
Money Market
1.75%
$0
▼
Rate1.74%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Verve a Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.81%
525 W Roosevelt Rd, Chicago, IL 60607 4908
Optimum Money Market
1.75%
$0
▼
Rate1.73%
Min Deposit$0
Min Balance—
UpdatedApr 8, 2026
Details
NuMark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.18%
3040 S Halsted St, Chicago, IL 60608
Money Market
1.75%
$50,000
▼
Rate1.74%
Min Deposit$50,000
Min Balance—
UpdatedApr 18, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
Money Market Checking - Tier 4
1.70%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Self-Help Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.72%
3960 W 26th St, Chicago, IL 60623
Money Market
1.63%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Acme Continental Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.04%
55 E Jackson Blvd Fl 1, Chicago, IL 60604 4100
Money Market Accounts
1.51%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Maroon Financial Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.74%
5525 S Ellis Ave Ste C, Chicago, IL 60637
Money Market, Regular & IRA
1.51%
$0
▼
Rate1.50%
Min Deposit$0
Min Balance—
UpdatedApr 19, 2026
Details
Great Lakes Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.78%
1011 W Lawrence Ave, Chicago, IL 60640 5017
Business Money Market Account
1.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Metropolitan Capital B&T
Institution Rating:
C3.9 ★ Texas Ratio: 28.57%
9 E Ontario St, Chicago, IL 60611
Money Market Account (MMA)
1.50%
$0
▼
Rate1.49%
Min Deposit$0
Min Balance—
UpdatedApr 16, 2026
Details
American Broadcast Employees Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.22%
190 N State St, Chicago, IL 60601
Money Market
1.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Verve a Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.81%
525 W Roosevelt Rd, Chicago, IL 60607 4908
Optimum Money Market
1.49%
$0
▼
Rate1.48%
Min Deposit$0
Min Balance—
UpdatedApr 8, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
Business IMMA - Tier 4
1.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IMMA - Tier 4
1.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IRA-HSA IMMA - Tier 4
1.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
Money Market Business Checking - Tier 2
1.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Metropolitan Capital B&T
Institution Rating:
C3.9 ★ Texas Ratio: 28.57%
9 E Ontario St, Chicago, IL 60611
Money Market Account (MMA)
1.25%
$0
▼
Rate1.24%
Min Deposit$0
Min Balance—
UpdatedApr 16, 2026
Details
First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
13220 S Baltimore Ave, Chicago, IL 60633
Diamond Money Market 2nd Tier
1.05%
$50,000
▼
Rate1.05%
Min Deposit$50,000
Min Balance—
UpdatedApr 17, 2026
Details
Rates can change daily, Daily compounding
First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
13220 S Baltimore Ave, Chicago, IL 60633
Diamond Money Market
1.05%
$50,000
▼
Rate1.05%
Min Deposit$50,000
Min Balance—
UpdatedApr 17, 2026
Details
Rates can change daily, Daily compounding
Hoyne Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.92%
4786 N Milwaukee Ave, Chicago, IL 60630
Money Market Deposit Account
1.00%
$1,000
▼
Rate1.00%
Min Deposit$1,000
Min Balance—
UpdatedApr 17, 2026
Details
Metropolitan Capital B&T
Institution Rating:
C3.9 ★ Texas Ratio: 28.57%
9 E Ontario St, Chicago, IL 60611
Money Market Account (MMA)
1.00%
$0
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedApr 16, 2026
Details
Hoyne Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.92%
4786 N Milwaukee Ave, Chicago, IL 60630
Money Market Deposit Account
0.94%
$1,000
▼
Rate0.94%
Min Deposit$1,000
Min Balance—
UpdatedApr 17, 2026
Details
First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
13220 S Baltimore Ave, Chicago, IL 60633
Diamond Money Market
0.80%
$50,000
▼
Rate0.80%
Min Deposit$50,000
Min Balance—
UpdatedApr 17, 2026
Details
Rates can change daily, Daily compounding
First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
13220 S Baltimore Ave, Chicago, IL 60633
Diamond Money Market 1st Tier
0.80%
$50,000
▼
Rate0.80%
Min Deposit$50,000
Min Balance—
UpdatedApr 17, 2026
Details
Rates can change daily, Daily compounding
Hoyne Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.92%
4786 N Milwaukee Ave, Chicago, IL 60630
Money Market Deposit Account
0.77%
$1,000
▼
Rate0.77%
Min Deposit$1,000
Min Balance—
UpdatedApr 17, 2026
Details
Metropolitan Capital B&T
Institution Rating:
C3.9 ★ Texas Ratio: 28.57%
9 E Ontario St, Chicago, IL 60611
Money Market Account (MMA)
0.75%
$0
▼
Rate0.75%
Min Deposit$0
Min Balance—
UpdatedApr 16, 2026
Details
Mutual Federal Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.39%
2212 W Cermak Rd, Chicago, IL 60608
Personal Money Market
0.75%
$0
▼
Rate0.75%
Min Deposit$0
Min Balance—
UpdatedApr 17, 2026
Details
Hoyne Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.92%
4786 N Milwaukee Ave, Chicago, IL 60630
Money Market Deposit Account
0.55%
$1,000
▼
Rate0.55%
Min Deposit$1,000
Min Balance—
UpdatedApr 17, 2026
Details
Hoyne Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.92%
4786 N Milwaukee Ave, Chicago, IL 60630
Money Market Deposit Account
0.50%
$1,000
▼
Rate0.50%
Min Deposit$1,000
Min Balance—
UpdatedApr 17, 2026
Details
Metropolitan Capital B&T
Institution Rating:
C3.9 ★ Texas Ratio: 28.57%
9 E Ontario St, Chicago, IL 60611
Money Market Account (MMA)
0.50%
$0
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedApr 16, 2026
Details
First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
13220 S Baltimore Ave, Chicago, IL 60633
Premier Money Market Account*
0.40%
$1,500
▼
Rate0.40%
Min Deposit$1,500
Min Balance—
UpdatedApr 17, 2026
Details
Rates can change daily, Daily compounding
First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
13220 S Baltimore Ave, Chicago, IL 60633
Premier Money Market Account 4th Tier
0.40%
$1,500
▼
Rate0.40%
Min Deposit$1,500
Min Balance—
UpdatedApr 17, 2026
Details
Rates can change daily, Daily compounding
First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
13220 S Baltimore Ave, Chicago, IL 60633
Premier Money Market Account 3rd Tier
0.35%
$1,500
▼
Rate0.35%
Min Deposit$1,500
Min Balance—
UpdatedApr 17, 2026
Details
Rates can change daily, Daily compounding
First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
13220 S Baltimore Ave, Chicago, IL 60633
Premier Money Market Account*
0.35%
$1,500
▼
Rate0.35%
Min Deposit$1,500
Min Balance—
UpdatedApr 17, 2026
Details
Rates can change daily, Daily compounding
North Side Federal S&L of Chicago
Institution Rating:
B-4.3 ★ Texas Ratio: 23.91%
5159 N Clark St, Chicago, IL 60640
Business Money Market
0.30%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 22, 2026
Details
North Side Federal S&L of Chicago
Institution Rating:
B-4.3 ★ Texas Ratio: 23.91%
5159 N Clark St, Chicago, IL 60640
Personal Money Market
0.30%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 22, 2026
Details
First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
13220 S Baltimore Ave, Chicago, IL 60633
Premier Money Market Account*
0.25%
$1,500
▼
Rate0.25%
Min Deposit$1,500
Min Balance—
UpdatedApr 17, 2026
Details
Rates can change daily, Daily compounding
North Side Federal S&L of Chicago
Institution Rating:
B-4.3 ★ Texas Ratio: 23.91%
5159 N Clark St, Chicago, IL 60640
Business Money Market
0.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 22, 2026
Details
North Side Federal S&L of Chicago
Institution Rating:
B-4.3 ★ Texas Ratio: 23.91%
5159 N Clark St, Chicago, IL 60640
Personal Money Market
0.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 22, 2026
Details
Mutual Federal Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.39%
2212 W Cermak Rd, Chicago, IL 60608
Personal Money Market
0.25%
$0
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedApr 17, 2026
Details
First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
13220 S Baltimore Ave, Chicago, IL 60633
Premier Money Market Account 2nd Tier
0.25%
$1,500
▼
Rate0.25%
Min Deposit$1,500
Min Balance—
UpdatedApr 17, 2026
Details
Rates can change daily, Daily compounding
Rate3.92%
Min Deposit$100,000
Min Balance—
UpdatedApr 17, 2026
Details
New Money Only
United Trust Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.60%
Premium Money Market Special
4.00%
$100,000
▼
Rate3.92%
Min Deposit$100,000
Min Balance—
UpdatedApr 17, 2026
Details
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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 Chicago, 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.
Chicago, IL Money Market Rate Trends
Compare local Chicago, IL 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
3.320%
▼ 0.019 vs 7 days ago
Illinois high-yield MMA rates fell 0.019 points over the past 7 days to 3.320% APY.
Standard MMA — IL Avg
0.729%
▲ 0.047 vs 7 days ago
Illinois standard MMA rates rose 0.047 points over the past 7 days to 0.729% APY.
As of Apr 23, 2026 • Rate data sourced from 8,500+ monitored institutions
Powered by MonitorBankRates
Methodology & Data Sources
Direct-Sourced & Verified Money Market Rate Data: We aggregate money market account rates for Chicago, 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 Chicago, 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 Chicago, Illinois
What is a Money Market Account (MMA)?
A Money Market Account (MMA) is a type of savings 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 Chicago, 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 Chicago, 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.
Best Money Market Rates in Chicago, Illinois
Here are some of the highest money market account APYs currently available in Chicago, Illinois and the surrounding area:
- United Trust Bank
Premium Money Market Special — 4.00% APY - Waterman Bank
Money Market — 3.82% APY - The Huntington National Bank
High-Yield Money Market — 3.82% APY - State Bank of Texas
High-Rate Jumbo Money Market — 3.76% APY - Gold Coast Bank
GCB Money Market Account — 3.67% APY
Money Market Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Chicago, Illinois. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: April 22, 2026
Rate Assistant
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