MonitorBankRates
☰
iAdvertiser Disclosure
Advertiser Disclosure Some institutions listed may have a business relationship with MonitorBankRates. Our proprietary systems independently track and verify all rates. Advertiser relationships do not influence our Safety Ratings, Star Ratings, Texas Ratio calculations, or the rates shown.

Best Money Market Rates in Waukegan, Illinois (IL) - May 2026

Content reviewed by
Brian McKay Brian McKay
Brian McKay

Brian McKay

Founder & Data Architect
Expertise
  • 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 →
| i Editorial Disclosure
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.
| ✓Fact Checked | Last Updated: May 15, 2026

Current Waukegan, Illinois and the surrounding area money market deposit account rates include The Huntington National BankThe Huntington National Bank927 N Green Bay Rd, Waukegan, IL 60085A+5.0 ★Texas Ratio: 4.60% High-Yield Money Market at 3.82% APY, Great Lakes Credit UnionGreat Lakes Credit Union3290 N Lewis Ave, Waukegan, IL 60087 2255A5.0 ★Texas Ratio: 9.78% Business Money Market Account at 3.50% APY, Consumers Credit UnionConsumers Credit Union2750 Washington St, Waukegan, IL 60085 4959A5.0 ★Texas Ratio: 7.16% Money Market at 1.16% APY, North Shore Trust and SavingsNorth Shore Trust and Savings700 S Lewis Ave, Waukegan, IL 60085A+5.0 ★Texas Ratio: 0.38% Premium Money Market Account at 1.01% APY, and United Trust BankUnited Trust BankA+5.0 ★Texas Ratio: 2.60% Money Market at 4.00% APY. Money market rates as of May 15, 2026 according to verified data from MonitorBankRates.

Waukegan has 4 local institutions in our database, with money market rates as high as 3.82% APY from The Huntington National Bank at 927 N Green Bay Rd, Waukegan, IL 60085. 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 Waukegan, Illinois and surrounding area. Last Updated and Verified: May 15, 2026

Compare the Best Money Market Rates Today in Waukegan, Illinois & the Surrounding Area

Source: Verified Money Market Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
927 N Green Bay Rd, Waukegan, IL 60085
High-Yield Money Market
3.82%
$25,000
View
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMay 4, 2026
Details

Minimum of **$25,000** not currently deposited at Huntington.

The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
927 N Green Bay Rd, Waukegan, IL 60085
Huntington Relationship Money Market
3.82%
$25,000
View
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMay 4, 2026
Details

Great Lakes Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.78%
3290 N Lewis Ave, Waukegan, IL 60087 2255
Business Money Markets
3.50%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Great Lakes Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.78%
3290 N Lewis Ave, Waukegan, IL 60087 2255
Business Money Market Account
3.50%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
927 N Green Bay Rd, Waukegan, IL 60085
Huntington Relationship Money Market
3.20%
$25,000
View
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMay 4, 2026
Details

The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
927 N Green Bay Rd, Waukegan, IL 60085
High-Yield Money Market
3.20%
$25,000
View
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMay 4, 2026
Details

Minimum of **$25,000** not currently deposited at Huntington.

Great Lakes Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.78%
3290 N Lewis Ave, Waukegan, IL 60087 2255
Business Money Market Account
1.50%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Consumers Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.16%
2750 Washington St, Waukegan, IL 60085 4959
Money Market
1.16%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

North Shore Trust and Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.38%
700 S Lewis Ave, Waukegan, IL 60085
Premium Money Market Account
1.01%
$150,000
View
▼
Rate1.00%
Min Deposit$150,000
Min Balance—
UpdatedMay 5, 2026
Details

Great Lakes Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.78%
3290 N Lewis Ave, Waukegan, IL 60087 2255
Business Money Market Account
0.75%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

North Shore Trust and Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.38%
700 S Lewis Ave, Waukegan, IL 60085
Premium Money Market Account
0.75%
$100,000
View
▼
Rate0.75%
Min Deposit$100,000
Min Balance—
UpdatedMay 5, 2026
Details

Consumers Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.16%
2750 Washington St, Waukegan, IL 60085 4959
Money Market IRA
0.50%
$0
View
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

North Shore Trust and Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.38%
700 S Lewis Ave, Waukegan, IL 60085
Premium Money Market Account
0.50%
$75,000
View
▼
Rate0.50%
Min Deposit$75,000
Min Balance—
UpdatedMay 5, 2026
Details

Consumers Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.16%
2750 Washington St, Waukegan, IL 60085 4959
Money Market
0.35%
$0
View
▼
Rate0.35%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Consumers Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.16%
2750 Washington St, Waukegan, IL 60085 4959
Money Market
0.30%
$0
View
▼
Rate0.30%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Great Lakes Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.78%
3290 N Lewis Ave, Waukegan, IL 60087 2255
Business Money Market Account
0.25%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Consumers Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.16%
2750 Washington St, Waukegan, IL 60085 4959
Money Market
0.25%
$0
View
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

North Shore Trust and Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.38%
700 S Lewis Ave, Waukegan, IL 60085
Money Market account
0.25%
$25,000
View
▼
Rate0.25%
Min Deposit$25,000
Min Balance—
UpdatedMay 5, 2026
Details

Consumers Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.16%
2750 Washington St, Waukegan, IL 60085 4959
Money Market
0.20%
$0
View
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

North Shore Trust and Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.38%
700 S Lewis Ave, Waukegan, IL 60085
Money Market account
0.15%
$10,000
View
▼
Rate0.15%
Min Deposit$10,000
Min Balance—
UpdatedMay 5, 2026
Details

Consumers Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.16%
2750 Washington St, Waukegan, IL 60085 4959
Money Market
0.15%
$0
View
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Consumers Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.16%
2750 Washington St, Waukegan, IL 60085 4959
Money Market
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

North Shore Trust and Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 0.38%
700 S Lewis Ave, Waukegan, IL 60085
Money Market account
0.10%
$1,000
View
▼
Rate0.10%
Min Deposit$1,000
Min Balance—
UpdatedMay 5, 2026
Details

United Trust Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.60%
Money Market
4.00%
$100,000
View
▼
Rate3.92%
Min Deposit$100,000
Min Balance—
UpdatedMay 5, 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
View
▼
Rate3.92%
Min Deposit$100,000
Min Balance—
UpdatedMay 5, 2026
Details

United Trust Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.60%
Money Market
3.90%
$10,000
View
▼
Rate3.83%
Min Deposit$10,000
Min Balance—
UpdatedMay 5, 2026
Details

New Money Only

United Trust Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.60%
Premium Money Market Special
3.90%
$10,000
View
▼
Rate3.83%
Min Deposit$10,000
Min Balance—
UpdatedMay 5, 2026
Details

Waterman Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.95%
Money Market
3.82%
$2,500
View
▼
Rate3.75%
Min Deposit$2,500
Min Balance—
UpdatedMay 15, 2026
Details

Qualifying balance up to $2,499.99

Waterman Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.95%
Business Money Market
3.82%
$2,500
View
▼
Rate3.75%
Min Deposit$2,500
Min Balance—
UpdatedMay 15, 2026
Details

Qualifying balance up to $2,499.99

State Bank of Texas
Institution Rating:
A+5.0 ★ Texas Ratio: 2.36%
High-Rate Jumbo Money Market
3.76%
$100,000
View
▼
Rate—
Min Deposit$100,000
Min Balance—
UpdatedMay 4, 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.

Republic Bank of Chicago
Institution Rating:
A+5.0 ★ Texas Ratio: 4.71%
Business Money Market
3.75%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Gold Coast Bank
Institution Rating:
A5.0 ★ Texas Ratio: 6.28%
GCB Money Market Account
3.67%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details

First Merchants Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.78%
Money Market Special
3.55%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Promo Rate

Together Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.65%
Money Market
3.50%
$0
View
▼
Rate3.44%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

New money only

Together Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.65%
Money Market (IRA)
3.50%
$0
View
▼
Rate3.44%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

New money only

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
Money Market Special Intro rate
3.50%
$0
View
▼
Rate3.45%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

$15,000+

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
Money Market Special
3.50%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
Premier Money Market
3.40%
$0
View
▼
Rate3.35%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
Business IMMA - Tier 7
3.35%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
Business IMMA - Tier 8
3.35%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
Business IMMA - Tier 9
3.35%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
Money Market Account
3.35%
$0
View
▼
Rate3.30%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

First FSB of Mascoutah
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
Alumni MMDA (Money Market)
3.34%
$10,000
View
▼
Rate3.29%
Min Deposit$10,000
Min Balance—
UpdatedMay 15, 2026
Details

First FSB of Mascoutah
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
Business Alumni Money Market*
3.34%
$10,000
View
▼
Rate3.29%
Min Deposit$10,000
Min Balance—
UpdatedMay 15, 2026
Details

International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
Premier Money Market
3.30%
$0
View
▼
Rate3.25%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Selfreliance Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.56%
Money Market Accounts
3.29%
$0
View
▼
Rate3.25%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

Selfreliance Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.56%
Money Market
3.29%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

up to

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
IMMA - Tier 7
3.25%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
IRA-HSA IMMA - Tier 9
3.25%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
IRA-HSA IMMA - Tier 8
3.25%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
IRA-HSA IMMA - Tier 7
3.25%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
IMMA - Tier 9
3.25%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
IMMA - Tier 8
3.25%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

Central Federal SLA
Institution Rating:
A+5.0 ★ Texas Ratio: 4.92%
Premier High Yield Money Market
3.25%
$100,000
View
▼
Rate3.20%
Min Deposit$100,000
Min Balance—
UpdatedMay 15, 2026
Details

Republic Bank of Chicago
Institution Rating:
A+5.0 ★ Texas Ratio: 4.71%
Digital Money Market
3.22%
$2,500
View
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 4, 2026
Details

Republic Bank of Chicago
Institution Rating:
A+5.0 ★ Texas Ratio: 4.71%
Consumer Money Market
3.22%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
Premier Money Market
3.20%
$0
View
▼
Rate3.15%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Inland Bank & Trust
Institution Rating:
A+5.0 ★
Advantage Money Market Account
3.15%
$25,000
View
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMay 3, 2026
Details

$25,000 minimum to open account. $25,000 minimum to earn 3.15% APY.

CenTrust Bank
Institution Rating:
B+4.7 ★ Texas Ratio: 18.83%
Platinum Money Market
3.15%
$10,000
View
▼
Rate—
Min Deposit$10,000
Min Balance—
UpdatedMay 15, 2026
Details

Qualifying balance up to $10,000.00

Byline Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.13%
Advantage Money Market Account
3.15%
$25,000
View
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMay 4, 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: 15.61%
Insured Money Market
3.14%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Qualifying balance up to $15,000,000

Heartland Credit Union Springfield, IL
Institution Rating:
A+5.0 ★ Texas Ratio: 1.13%
money market
3.09%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Heartland Credit Union Springfield, IL
Institution Rating:
A+5.0 ★ Texas Ratio: 1.13%
Platinum Money Market Account
3.09%
$0
View
▼
Rate3.05%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

First FSB of Mascoutah
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
Alumni MMDA (Money Market)
3.08%
$10,000
View
▼
Rate3.04%
Min Deposit$10,000
Min Balance—
UpdatedMay 15, 2026
Details

First FSB of Mascoutah
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
Business Alumni Money Market*
3.08%
$10,000
View
▼
Rate3.04%
Min Deposit$10,000
Min Balance—
UpdatedMay 15, 2026
Details

Armed Forces Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.63%
Premier Money Market
3.05%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
Money Market Account
3.05%
$0
View
▼
Rate3.01%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

North Shore Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.63%
Premier Money Market
3.00%
$0
View
▼
Rate2.97%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

NuMark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.18%
Money Market
3.00%
$250,000
View
▼
Rate2.96%
Min Deposit$250,000
Min Balance—
UpdatedMay 10, 2026
Details

Illinois State Police Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.68%
Money Market Savings
3.00%
$0
View
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

First National Bank in Olney
Institution Rating:
A+5.0 ★ Texas Ratio: 4.02%
High Yield Money Market
2.89%
$25,000
View
▼
Rate2.85%
Min Deposit$25,000
Min Balance—
UpdatedMay 5, 2026
Details

Heartland Credit Union Springfield, IL
Institution Rating:
A+5.0 ★ Texas Ratio: 1.13%
Platinum Money Market Account
2.84%
$0
View
▼
Rate2.80%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Illinois State Police Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.68%
Money Market Savings
2.75%
$0
View
▼
Rate2.71%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

Revity Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.46%
Money Market Account
2.75%
$0
View
▼
Rate2.75%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

North Shore Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.63%
Premier Money Market
2.75%
$0
View
▼
Rate2.72%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

Cornerstone Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.64%
Insured High Yield Money Market
2.75%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Land Of Lincoln Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.84%
MAXimum Money Market - Tier 4
2.71%
$0
View
▼
Rate2.68%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

First FSB of Mascoutah
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
Business Alumni PLUS Money Market*
2.67%
$10,000
View
▼
Rate2.64%
Min Deposit$10,000
Min Balance—
UpdatedMay 15, 2026
Details

First FSB of Mascoutah
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
Business Alumni Money Market*
2.67%
$10,000
View
▼
Rate2.64%
Min Deposit$10,000
Min Balance—
UpdatedMay 15, 2026
Details

First FSB of Mascoutah
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
Alumni MMDA (Money Market)
2.67%
$10,000
View
▼
Rate2.64%
Min Deposit$10,000
Min Balance—
UpdatedMay 15, 2026
Details

F&M Bank of Hutsonville
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
Platinum Money Market
2.66%
$1,500
View
▼
Rate2.62%
Min Deposit$1,500
Min Balance—
UpdatedMay 15, 2026
Details

Cooperative Choice Network Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.78%
Money Market
2.63%
$0
View
▼
Rate2.60%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
Money Market Account
2.55%
$0
View
▼
Rate2.52%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Acme Continental Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.04%
Money Market Accounts
2.53%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Heartland Credit Union Springfield, IL
Institution Rating:
A+5.0 ★ Texas Ratio: 1.13%
Platinum Money Market Account
2.53%
$0
View
▼
Rate2.50%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

First FSB of Mascoutah
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
Alumni MMDA (Money Market)
2.52%
$10,000
View
▼
Rate2.49%
Min Deposit$10,000
Min Balance—
UpdatedMay 15, 2026
Details

First FSB of Mascoutah
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
Business Alumni Money Market*
2.52%
$10,000
View
▼
Rate2.49%
Min Deposit$10,000
Min Balance—
UpdatedMay 15, 2026
Details

Illinois State Police Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.68%
Money Market Checking
2.50%
$0
View
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

Cornerstone Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.64%
Insured High Yield Money Market
2.50%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

NuMark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.18%
Money Market
2.50%
$100,000
View
▼
Rate2.47%
Min Deposit$100,000
Min Balance—
UpdatedMay 10, 2026
Details

Rock Valley Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.65%
Money Market Tier 4
2.50%
$0
View
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Alliance Community Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.71%
Alliance Money Market
2.48%
$0
View
▼
Rate2.45%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

$1,500,000.00 and up

Cooperative Choice Network Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.78%
Money Market
2.43%
$0
View
▼
Rate2.40%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

First FSB of Mascoutah
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
Alumni MMDA (Money Market)
2.42%
$10,000
View
▼
Rate2.39%
Min Deposit$10,000
Min Balance—
UpdatedMay 15, 2026
Details

First FSB of Mascoutah
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
Business Alumni Money Market*
2.42%
$10,000
View
▼
Rate2.39%
Min Deposit$10,000
Min Balance—
UpdatedMay 15, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
Business IMMA - Tier 6
2.40%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

Citizens Equity First Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.76%
Insured Money Market Account (IMMA) TIER-4
2.35%
$0
View
▼
Rate2.32%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Cooperative Choice Network Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.78%
Money Market
2.32%
$0
View
▼
Rate2.30%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Eureka Savings Bank
Institution Rating:
A5.0 ★ Texas Ratio: 7.10%
Essential Money Market
2.27%
$0
View
▼
Rate2.25%
Min Deposit$0
Min Balance—
UpdatedMay 15, 2026
Details

Heartland Credit Union Springfield, IL
Institution Rating:
A+5.0 ★ Texas Ratio: 1.13%
Platinum Money Market Account
2.27%
$0
View
▼
Rate2.25%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. Rates reflect recent market quotes and representative offers available to depositors in Waukegan, 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.

Waukegan, IL Money Market Rate Trends

Compare local Waukegan, 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.

View Full Illinois MMA Trends →
High-Yield MMA — IL Avg
3.431%
Unchanged vs 7 days ago

Illinois high-yield MMA rates currently average 3.431% APY.

Standard MMA — IL Avg
0.619%
Unchanged vs 7 days ago

Illinois standard MMA rates currently average 0.619% APY.

As of May 15, 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 Waukegan, 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 Waukegan, 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 Waukegan, 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 Waukegan, 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 Waukegan, 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 Waukegan, 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 Waukegan, 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 Waukegan, 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 Waukegan, Illinois

Here are some of the highest money market account APYs currently available in Waukegan, Illinois and the surrounding area:
  • The Huntington National Bank
    High-Yield Money Market — 3.82% APY
  • Great Lakes Credit Union
    Business Money Market Account — 3.50% APY
  • Consumers Credit Union
    Money Market — 1.16% APY
  • North Shore Trust and Savings
    Premium Money Market Account — 1.01% APY
  • United Trust Bank
    Money Market — 4.00% APY
Money Market Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Waukegan, Illinois. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: May 15, 2026

Waukegan, Illinois Rates & Resources

$
Waukegan, Illinois CD Rates
$
Waukegan, Illinois Savings Rates
$
Waukegan, Illinois Checking Rates
$
Waukegan, Illinois Mortgage Rates
$
Waukegan, Illinois Auto Loan Rates
$
Waukegan, Illinois Personal Loan Rates