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 Indianapolis, Indiana - June 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: June 1, 2026

Current Indianapolis, Indiana and the surrounding area money market deposit account rates include Indiana University Credit UnionIndiana University Credit Union8936 Southpointe Dr, Indianapolis, IN 46227A+5.0 ★Texas Ratio: 3.94% Money Market Savings at 3.50% APY, Old National BankOld National Bank1 Monument Cir, Indianapolis, IN 46204A+5.0 ★Texas Ratio: 5.09% Money Market at 3.25% APY, The Huntington National BankThe Huntington National Bank45 N Pennsylvania St, Indianapolis, IN 46204A+5.0 ★Texas Ratio: 4.60% High-Yield Money Market at 3.20% APY, Byline BankByline Bank10475 Crosspoint Blvd, Indianapolis, IN 46256A+5.0 ★Texas Ratio: 5.13% Advantage Money Market Account at 3.15% APY, and Centra Credit UnionCentra Credit Union4562 N Shadeland Ave, Indianapolis, IN 46226 3835A5.0 ★Texas Ratio: 6.67% Business & Public Funds Premium Money Market Savings at 3.05% APY. Money market rates as of June 1, 2026 according to verified data from MonitorBankRates.

Indianapolis has 11 local institutions in our database, with money market rates as high as 3.50% APY from Indiana University Credit Union at 8936 Southpointe Dr, Indianapolis, IN 46227. Use the table below to compare all available offers, including options from institutions serving the broader Indiana area. Rates are continually updated — we recommend checking back frequently.

Rates reflect recent market quotes and representative offers available to depositors in Indianapolis, Indiana and surrounding area. Last Updated and Verified: June 1, 2026

Compare the Best Money Market Rates Today in Indianapolis, Indiana & the Surrounding Area

Source: Verified Money Market Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Indiana University Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.94%
8936 Southpointe Dr, Indianapolis, IN 46227
Money Market Savings
3.50%
$0
View
▼
Rate3.45%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Old National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.09%
1 Monument Cir, Indianapolis, IN 46204
Money Market
3.25%
$20,000
View
▼
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.

The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
45 N Pennsylvania St, Indianapolis, IN 46204
High-Yield Money Market
3.20%
$25,000
View
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMay 21, 2026
Details

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

Byline Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.13%
10475 Crosspoint Blvd, Indianapolis, IN 46256
Advantage Money Market Account
3.15%
$25,000
View
▼
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.

Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.67%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
High Interest Money Market Savings
3.05%
$0
View
▼
Rate3.01%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.67%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
Business & Public Funds Premium Money Market Savings
3.05%
$0
View
▼
Rate3.01%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Indiana University Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.94%
8936 Southpointe Dr, Indianapolis, IN 46227
Money Market Savings
3.00%
$0
View
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.67%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
Business & Public Funds Premium Money Market Savings
2.90%
$0
View
▼
Rate2.86%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.67%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
High Interest Money Market Savings
2.90%
$0
View
▼
Rate2.86%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

STAR Financial Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.20%
9165 E 56th St, Indianapolis, IN 46216
Money Market Preferred
2.75%
$0
View
▼
Rate2.72%
Min Deposit$0
Min Balance—
UpdatedMay 28, 2026
Details

Firefighters Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.88%
726 Massachusetts Ave, Indianapolis, IN 46204
Money Market Accounts
2.75%
$0
View
▼
Rate2.72%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

STAR Financial Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.20%
9165 E 56th St, Indianapolis, IN 46216
Money Market Preferred
2.65%
$0
View
▼
Rate2.62%
Min Deposit$0
Min Balance—
UpdatedMay 28, 2026
Details

Indiana University Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.94%
8936 Southpointe Dr, Indianapolis, IN 46227
Money Market Savings
2.50%
$0
View
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Energy Plus Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.43%
1230 W Morris St, Indianapolis, IN 46221 1710
Money Market Account
2.25%
$0
View
▼
Rate2.23%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Firefighters Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.88%
726 Massachusetts Ave, Indianapolis, IN 46204
Money Market Accounts
2.05%
$0
View
▼
Rate2.03%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Indiana University Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.94%
8936 Southpointe Dr, Indianapolis, IN 46227
Money Market Savings
2.00%
$0
View
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.67%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
High Interest Money Market Savings
1.80%
$0
View
▼
Rate1.79%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.67%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
Business & Public Funds Premium Money Market Savings
1.80%
$0
View
▼
Rate1.79%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

FedEx Employees Credit Association Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 5.77%
6311 Airway Dr Ste 100, Indianapolis, IN 46241 6400
Money Market
1.75%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 22, 2026
Details

Energy Plus Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.43%
1230 W Morris St, Indianapolis, IN 46221 1710
Money Market Account
1.75%
$0
View
▼
Rate1.74%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Firefighters Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.88%
726 Massachusetts Ave, Indianapolis, IN 46204
Money Market Accounts
1.70%
$0
View
▼
Rate1.69%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

FedEx Employees Credit Association Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 5.77%
6311 Airway Dr Ste 100, Indianapolis, IN 46241 6400
Money Market
1.60%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 22, 2026
Details

FedEx Employees Credit Association Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 5.77%
6311 Airway Dr Ste 100, Indianapolis, IN 46241 6400
Money Market
1.55%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 22, 2026
Details

USB Union Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.66%
5881 E 82nd St, Indianapolis, IN 46250
Boost Money Market Account
1.51%
$5,000
View
▼
Rate1.50%
Min Deposit$5,000
Min Balance—
UpdatedMay 21, 2026
Details

Indiana University Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.94%
8936 Southpointe Dr, Indianapolis, IN 46227
Money Market Savings
1.50%
$0
View
▼
Rate1.49%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

FedEx Employees Credit Association Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 5.77%
6311 Airway Dr Ste 100, Indianapolis, IN 46241 6400
Money Market
1.50%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 22, 2026
Details

FedEx Employees Credit Association Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 5.77%
6311 Airway Dr Ste 100, Indianapolis, IN 46241 6400
Money Market
1.45%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 22, 2026
Details

Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.67%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
High Interest Money Market Savings
1.30%
$0
View
▼
Rate1.29%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Firefighters Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.88%
726 Massachusetts Ave, Indianapolis, IN 46204
Money Market Accounts
1.25%
$0
View
▼
Rate1.24%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.67%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
Business & Public Funds Premium Money Market Savings
1.15%
$0
View
▼
Rate1.14%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.67%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
High Interest Money Market Savings
1.15%
$0
View
▼
Rate1.14%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.67%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
Business & Public Funds Premium Money Market Savings
1.10%
$0
View
▼
Rate1.09%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.67%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
High Interest Money Market Savings
1.10%
$0
View
▼
Rate1.09%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Firefighters Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.88%
726 Massachusetts Ave, Indianapolis, IN 46204
Money Market Accounts
1.10%
$0
View
▼
Rate1.09%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.67%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
High Interest Money Market Savings
1.05%
$0
View
▼
Rate1.05%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

USB Union Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.66%
5881 E 82nd St, Indianapolis, IN 46250
Boost Money Market Account
1.00%
$5,000
View
▼
Rate1.00%
Min Deposit$5,000
Min Balance—
UpdatedMay 21, 2026
Details

Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.67%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
Money Market & Classic Plus Savings
0.85%
$0
View
▼
Rate0.85%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Energy Plus Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.43%
1230 W Morris St, Indianapolis, IN 46221 1710
Money Market Account
0.75%
$0
View
▼
Rate0.75%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.67%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
Money Market & Classic Plus Savings
0.65%
$0
View
▼
Rate0.65%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Indiana University Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.94%
8936 Southpointe Dr, Indianapolis, IN 46227
Money Market Savings
0.60%
$0
View
▼
Rate0.60%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

USB Union Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.66%
5881 E 82nd St, Indianapolis, IN 46250
Boost Money Market Account
0.50%
$5,000
View
▼
Rate0.50%
Min Deposit$5,000
Min Balance—
UpdatedMay 21, 2026
Details

Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.67%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
Money Market & Classic Plus Savings
0.40%
$0
View
▼
Rate0.40%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.67%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
HSA Money Market Savings
0.40%
$0
View
▼
Rate0.40%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.67%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
Premium Money Market Checking
0.30%
$0
View
▼
Rate0.30%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.67%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
HSA Money Market Savings
0.30%
$0
View
▼
Rate0.30%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Lampco Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 10.09%
2186 N Sherman Dr, Indianapolis, IN 46218
Money Market Account
0.25%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 22, 2026
Details

Indiana University Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.94%
8936 Southpointe Dr, Indianapolis, IN 46227
Money Market Checking
0.25%
$0
View
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.67%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
Money Market & Classic Plus Savings
0.25%
$0
View
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.67%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
Premium Money Market Checking
0.20%
$0
View
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.67%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
HSA Money Market Savings
0.15%
$0
View
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.67%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
Money Market & Classic Plus Savings
0.15%
$0
View
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.67%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
Premium Money Market Checking
0.15%
$0
View
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.67%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
Money Market & Classic Plus Savings
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.67%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
Premium Money Market Checking
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMay 20, 2026
Details

USB Union Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.66%
5881 E 82nd St, Indianapolis, IN 46250
Personal Money Market Account
0.07%
$500
View
▼
Rate0.07%
Min Deposit$500
Min Balance—
UpdatedMay 21, 2026
Details

STAR Financial Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.20%
9165 E 56th St, Indianapolis, IN 46216
Money Market
0.05%
$0
View
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMay 28, 2026
Details

USB Union Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.66%
5881 E 82nd St, Indianapolis, IN 46250
Personal Money Market Account
0.05%
$500
View
▼
Rate0.05%
Min Deposit$500
Min Balance—
UpdatedMay 21, 2026
Details

USB Union Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.66%
5881 E 82nd St, Indianapolis, IN 46250
Personal Money Market Account
0.03%
$500
View
▼
Rate0.03%
Min Deposit$500
Min Balance—
UpdatedMay 21, 2026
Details

STAR Financial Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.20%
9165 E 56th St, Indianapolis, IN 46216
Money Market
0.03%
$0
View
▼
Rate0.03%
Min Deposit$0
Min Balance—
UpdatedMay 28, 2026
Details

STAR Financial Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.20%
9165 E 56th St, Indianapolis, IN 46216
Money Market Preferred
0.02%
$0
View
▼
Rate0.02%
Min Deposit$0
Min Balance—
UpdatedMay 28, 2026
Details

STAR Financial Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.20%
9165 E 56th St, Indianapolis, IN 46216
Money Market
0.01%
$0
View
▼
Rate0.01%
Min Deposit$0
Min Balance—
UpdatedMay 28, 2026
Details

Purdue Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.87%
7-month Special IRA Money Market Account
4.07%
$5,000
View
▼
Rate3.99%
Min Deposit$5,000
Min Balance—
UpdatedMay 22, 2026
Details

Hoosier Hills Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.66%
High Yield Money Market
4.05%
$0
View
▼
Rate3.98%
Min Deposit$0
Min Balance—
UpdatedMay 23, 2026
Details

Interra Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.62%
Business LINked Money Market Share Account (Business LINked MMSA)
4.03%
$100,000
View
▼
Rate—
Min Deposit$100,000
Min Balance—
UpdatedMay 20, 2026
Details

Interra Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.62%
LINked Money Market Share Account (LINked MMSA)
4.03%
$10,000
View
▼
Rate—
Min Deposit$10,000
Min Balance—
UpdatedMay 20, 2026
Details

Everence Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
Indexed money market
3.75%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 29, 2026
Details

State Bank of Medora
Institution Rating:
A+5.0 ★ Texas Ratio: 1.38%
Max Money Market
3.65%
$100,000
View
▼
Rate3.59%
Min Deposit$100,000
Min Balance—
UpdatedMay 29, 2026
Details

MIDWEST AMERICA
Institution Rating:
A+5.0 ★ Texas Ratio: 3.67%
Business Gold Money Market
3.65%
$0
View
▼
Rate3.59%
Min Deposit$0
Min Balance—
UpdatedJun 1, 2026
Details

First Internet Bank of Indiana
Institution Rating:
A+5.0 ★ Texas Ratio: 1.39%
Money Market Savings
3.64%
$100
View
▼
Rate3.58%
Min Deposit$100
Min Balance—
UpdatedMay 21, 2026
Details

Premier Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.27%
Money Market Special
3.50%
$25,000
View
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMay 21, 2026
Details

With a minimum of $25k new money

WesBanco Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.63%
Money Market Special
3.50%
$25,000
View
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMay 29, 2026
Details

With a minimum of $25k new money

Freedom Bank Huntingburg, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 4.78%
Money Market Checking
3.40%
$0
View
▼
Rate3.35%
Min Deposit$0
Min Balance—
UpdatedMay 28, 2026
Details

Security FSB
Institution Rating:
A+5.0 ★ Texas Ratio: 3.44%
SecFed High Yield Money Market for Business
3.30%
$50
View
▼
Rate3.25%
Min Deposit$50
Min Balance—
UpdatedMay 28, 2026
Details

Security FSB
Institution Rating:
A+5.0 ★ Texas Ratio: 3.44%
SecFed High Yield Money Market
3.30%
$50
View
▼
Rate3.25%
Min Deposit$50
Min Balance—
UpdatedMay 28, 2026
Details

Truist
Institution Rating:
A+5.0 ★ Texas Ratio: 3.63%
Small Business Money Market Account
3.25%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 21, 2026
Details

Mercer Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.73%
High-Yield Money Market Deposit Account
3.10%
$0
View
▼
Rate3.06%
Min Deposit$0
Min Balance—
UpdatedMay 17, 2026
Details

First Internet Bank of Indiana
Institution Rating:
A+5.0 ★ Texas Ratio: 1.39%
Money Market Savings
3.09%
$100
View
▼
Rate3.05%
Min Deposit$100
Min Balance—
UpdatedMay 21, 2026
Details

Qualifying balance up to $1,000,000.00

First Internet Bank of Indiana
Institution Rating:
A+5.0 ★ Texas Ratio: 1.39%
Money Market Savings Rate
3.09%
$100
View
▼
Rate—
Min Deposit$100
Min Balance—
UpdatedMay 21, 2026
Details

Earn 5x the national average; As of 4/20/2026 , the national average Annual Percentage Yield (APY) for Money Market Savings accounts is 0.57%, as published in the FDIC's Weekly National Rates and Rate Caps; average rate used is for deposits up to $100,000.

Wayne Bank and Trust Co.
Institution Rating:
A+5.0 ★ Texas Ratio: 4.86%
Silver Eagle Money Market Account
3.05%
$50
View
▼
Rate3.01%
Min Deposit$50
Min Balance—
UpdatedMay 17, 2026
Details

Freedom Bank Huntingburg, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 4.78%
Money Market Checking
2.99%
$0
View
▼
Rate2.95%
Min Deposit$0
Min Balance—
UpdatedMay 28, 2026
Details

MIDWEST AMERICA
Institution Rating:
A+5.0 ★ Texas Ratio: 3.67%
Century Money Market
2.85%
$100,000
View
▼
Rate—
Min Deposit$100,000
Min Balance—
UpdatedJun 1, 2026
Details

F&M Bank Laotto, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 1.40%
Platinum Money Market & Above
2.66%
$1,500
View
▼
Rate2.62%
Min Deposit$1,500
Min Balance—
UpdatedMay 17, 2026
Details

$500,000.00

State Bank of Medora
Institution Rating:
A+5.0 ★ Texas Ratio: 1.38%
Max Money Market
2.65%
$50,000
View
▼
Rate2.62%
Min Deposit$50,000
Min Balance—
UpdatedMay 29, 2026
Details

Wayne Bank and Trust Co.
Institution Rating:
A+5.0 ★ Texas Ratio: 4.86%
Silver Eagle Money Market Account
2.58%
$50
View
▼
Rate2.55%
Min Deposit$50
Min Balance—
UpdatedMay 17, 2026
Details

Campbell & Fetter Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.43%
First Money Market
2.53%
$100
View
▼
Rate2.50%
Min Deposit$100
Min Balance—
UpdatedMay 17, 2026
Details

Rates may change after opening on this type of account

Security FSB
Institution Rating:
A+5.0 ★ Texas Ratio: 3.44%
SecFed High Yield Money Market
2.53%
$50
View
▼
Rate2.50%
Min Deposit$50
Min Balance—
UpdatedMay 28, 2026
Details

Security FSB
Institution Rating:
A+5.0 ★ Texas Ratio: 3.44%
SecFed High Yield Money Market for Business
2.53%
$50
View
▼
Rate2.50%
Min Deposit$50
Min Balance—
UpdatedMay 28, 2026
Details

MIDWEST AMERICA
Institution Rating:
A+5.0 ★ Texas Ratio: 3.67%
Business Gold Money Market
2.50%
$0
View
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedJun 1, 2026
Details

Freedom Bank Huntingburg, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 4.78%
Money Market Checking
2.38%
$0
View
▼
Rate2.35%
Min Deposit$0
Min Balance—
UpdatedMay 28, 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 Indianapolis, Indiana 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.

Indianapolis, IN Money Market Rate Trends

Compare local Indianapolis, IN 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 Indiana MMA Trends →
High-Yield MMA — IN Avg
3.050%
▼ 0.091 vs 7 days ago

Indiana high-yield MMA rates fell 0.091 points over the past 7 days to 3.050% APY.

Standard MMA — IN Avg
0.535%
Unchanged vs 7 days ago

Indiana standard MMA rates currently average 0.535% 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 Indianapolis, Indiana 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 Indianapolis, Indiana 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 Indianapolis, Indiana. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in IN.

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 Indianapolis, Indiana

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 Indiana.

Are Money Market accounts in Indianapolis, Indiana 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 Indiana up to $250,000 per depositor, per institution.

How often do MMA rates change in Indianapolis, Indiana?

Money market rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Indiana 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 Indianapolis, Indiana?

Minimum deposit requirements vary widely. Some online money market deposit accounts can be opened with no minimum, while many banks and credit unions in Indianapolis, Indiana 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 Indianapolis, Indiana

Here are some of the highest money market account APYs currently available in Indianapolis, Indiana and the surrounding area:
  • Indiana University Credit Union
    Money Market Savings — 3.50% APY
  • Old National Bank
    Money Market — 3.25% APY
  • The Huntington National Bank
    High-Yield Money Market — 3.20% APY
  • Byline Bank
    Advantage Money Market Account — 3.15% APY
  • Centra Credit Union
    Business & Public Funds Premium Money Market Savings — 3.05% APY
Money Market Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Indianapolis, Indiana. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: June 1, 2026

Indianapolis, Indiana Rates & Resources

$
Indianapolis, Indiana CD Rates
$
Indianapolis, Indiana Savings Rates
$
Indianapolis, Indiana Checking Rates
$
Indianapolis, Indiana Mortgage Rates
$
Indianapolis, Indiana Auto Loan Rates
$
Indianapolis, Indiana Personal Loan Rates
$
Indianapolis, Indiana Home Equity Loan Rates