Best Money Market Rates in Detroit, Michigan (MI) - April 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 Detroit, Michigan and the surrounding area money market rates include New England Federal Credit UnionNew England Federal Credit Union500 E Lafayette Blvd, Detroit, MI 48226A+5.0 ★Texas Ratio: 4.53% Essential Money Market at 4.50% APY, Community Financial Credit Union Plymouth, MICommunity Financial Credit Union Plymouth, MI22326 Grand River Ave, Detroit, MI 48219 3147A5.0 ★Texas Ratio: 8.20% Money Market at 4.20% APY, Community Choice Credit UnionCommunity Choice Credit Union31155 Northwestern Hwy, Farmington Hills, MI 48334 2502A5.0 ★Texas Ratio: 7.03% Business Money Market at 4.10% APY, LMCU Lake Michigan Credit UnionLMCU Lake Michigan Credit Union4866 Alpine Ave NW, Comstock Park, MI 49321 8579A+5.0 ★Texas Ratio: 2.47% Max Money Market at 4.05% APY, and Honor Credit UnionHonor Credit Union8952 US Highway 31, Berrien Springs, MI 49103A+5.0 ★Texas Ratio: 5.80% Surge Money Market at 4.00% APY. Money market rates as of March 29, 2026 according to verified data from MonitorBankRates.
To see how these money market rates in Detroit, Michigan and the surrounding area compare, use our comprehensive tables below for side-by-side comparisons so you can find the best yields available. Rates in Detroit, Michigan (MI) are continually updated we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in Detroit, Michigan and surrounding area. Last Updated and Verified: March 29, 2026
Compare the Best Money Market Rates Today in Detroit, Michigan & the Surrounding Area
Source: Verified Money Market Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
New England Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.53%
500 E Lafayette Blvd, Detroit, MI 48226
Essential Money Market
4.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
up to
Community Financial Credit Union Plymouth, MI
Institution Rating:
A5.0 ★ Texas Ratio: 8.20%
22326 Grand River Ave, Detroit, MI 48219 3147
Money Market
4.20%
$0
▼
Rate4.12%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
333 W Fort St Ste 100, Detroit, MI 48226
High-Yield Money Market
3.82%
$25,000
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMar 27, 2026
Details
Minimum of $25,000 not currently deposited at Huntington.
Citizens Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
777 Woodward Ave, Detroit, MI 48226
Citizens Private Client® Money Market
3.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Qualifying balance up to $25,000.00
Citizens Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
777 Woodward Ave, Detroit, MI 48226
Citizens Quest® Money Market
3.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Qualifying balance up to $25,000.00
Dfcu Financial Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.05%
4830 Cass Ave, Detroit, MI 48201 1330
Premier Money Market
3.70%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
333 W Fort St Ste 100, Detroit, MI 48226
Relationship Money Market Account
3.66%
$0
▼
Rate3.60%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
With Private Client Account****
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
333 W Fort St Ste 100, Detroit, MI 48226
Relationship Money Market Account
3.56%
$0
▼
Rate3.50%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
With Huntington Platinum Perks Checking***
First Merchants Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.78%
1420 Washington Blvd Ste 110, Detroit, MI 48226
Money Market Special
3.55%
$10,000
▼
Rate—
Min Deposit$10,000
Min Balance—
UpdatedMar 26, 2026
Details
180-Day Promo Rate | $10,000 Min. Balance
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
333 W Fort St Ste 100, Detroit, MI 48226
Relationship Money Market Account
3.51%
$0
▼
Rate3.45%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
With Huntington Perks Checking**
Community Financial Credit Union Plymouth, MI
Institution Rating:
A5.0 ★ Texas Ratio: 8.20%
22326 Grand River Ave, Detroit, MI 48219 3147
Money Market
3.50%
$0
▼
Rate3.45%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
333 W Fort St Ste 100, Detroit, MI 48226
Relationship Money Market Account
3.45%
$0
▼
Rate3.40%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Non-Relationship Rate
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
243 W Congress St, Detroit, MI 48226 3291
Business IMMA - Tier 9
3.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
243 W Congress St, Detroit, MI 48226 3291
Business IMMA - Tier 8
3.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
243 W Congress St, Detroit, MI 48226 3291
Business IMMA - Tier 7
3.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Lake Trust Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.40%
1 Energy Plz # 230, Detroit, MI 48226
Money Market Premium
3.30%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
243 W Congress St, Detroit, MI 48226 3291
IRA-HSA IMMA - Tier 8
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
243 W Congress St, Detroit, MI 48226 3291
IMMA - Tier 9
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
243 W Congress St, Detroit, MI 48226 3291
IRA-HSA IMMA
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
243 W Congress St, Detroit, MI 48226 3291
IRA-HSA IMMA - Tier 7
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Community Financial Credit Union Plymouth, MI
Institution Rating:
A5.0 ★ Texas Ratio: 8.20%
22326 Grand River Ave, Detroit, MI 48219 3147
Money Market
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Lake Trust Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.40%
1 Energy Plz # 230, Detroit, MI 48226
Health Savings Account (HSA) Money Market
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Dfcu Financial Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.05%
4830 Cass Ave, Detroit, MI 48201 1330
Premier Money Market
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
243 W Congress St, Detroit, MI 48226 3291
IMMA - Tier 8
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
243 W Congress St, Detroit, MI 48226 3291
IRA-HSA IMMA - Tier 9
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
243 W Congress St, Detroit, MI 48226 3291
IMMA
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
243 W Congress St, Detroit, MI 48226 3291
IMMA - Tier 7
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
333 W Fort St Ste 100, Detroit, MI 48226
High-Yield Money Market
3.20%
$25,000
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMar 27, 2026
Details
Minimum of $25,000 not currently deposited at Huntington.
Dfcu Financial Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.05%
4830 Cass Ave, Detroit, MI 48201 1330
Premier Money Market
3.15%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Dfcu Financial Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.05%
4830 Cass Ave, Detroit, MI 48201 1330
Business Insured Money Market
3.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Diversified Members Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.57%
1480 E Jefferson Ave, Detroit, MI 48207
Money Market
2.95%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
Dfcu Financial Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.05%
4830 Cass Ave, Detroit, MI 48201 1330
Premier Money Market
2.85%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Dfcu Financial Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.05%
4830 Cass Ave, Detroit, MI 48201 1330
Business Insured Money Market
2.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Dfcu Financial Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.05%
4830 Cass Ave, Detroit, MI 48201 1330
Business Insured Money Market
2.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Community Financial Credit Union Plymouth, MI
Institution Rating:
A5.0 ★ Texas Ratio: 8.20%
22326 Grand River Ave, Detroit, MI 48219 3147
Money Market
2.50%
$0
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Diversified Members Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.57%
1480 E Jefferson Ave, Detroit, MI 48207
Money Market
2.45%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
243 W Congress St, Detroit, MI 48226 3291
Business IMMA - Tier 6
2.40%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Community Financial Credit Union Plymouth, MI
Institution Rating:
A5.0 ★ Texas Ratio: 8.20%
22326 Grand River Ave, Detroit, MI 48219 3147
Money Market
2.00%
$0
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Dfcu Financial Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.05%
4830 Cass Ave, Detroit, MI 48201 1330
Business Insured Money Market
2.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
333 W Fort St Ste 100, Detroit, MI 48226
Relationship Money Market Account
0.25%
$0
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Non-Relationship Rate
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
333 W Fort St Ste 100, Detroit, MI 48226
Relationship Money Market Account
0.05%
$0
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Citizens Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
777 Woodward Ave, Detroit, MI 48226
Personal Money Market
0.01%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
333 W Fort St Ste 100, Detroit, MI 48226
Relationship Money Market Account
0.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Non-Relationship Rate
Community Choice Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.03%
31155 Northwestern Hwy, Farmington Hills, MI 48334 2502
Business Money Market
4.10%
$0
▼
Rate4.03%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.47%
4866 Alpine Ave NW, Comstock Park, MI 49321 8579
Max Money Market
4.05%
$0
▼
Rate3.98%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
$1,000,000 +
Members First Credit Union Midland, MI
Institution Rating:
A5.0 ★ Texas Ratio: 8.84%
600 W Wackerly St, Midland, MI 48640 4702
Money Market Account
4.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Dort Financial Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.65%
9048 HOLLY RD, GRAND BLANC, MI 48439
Public Funds Money Market
4.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
Honor Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.80%
8952 US Highway 31, Berrien Springs, MI 49103
Surge Money Market
4.00%
$0
▼
Rate3.93%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Qualifying balance up to $1,000.00
Chief Financial Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.48%
790 Joslyn Ave, Pontiac, MI 48340 2918
Money Market
3.75%
$0
▼
Rate3.68%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Chief Financial Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.48%
790 Joslyn Ave, Pontiac, MI 48340 2918
Money Market Account
3.75%
$500
▼
Rate3.68%
Min Deposit$500
Min Balance—
UpdatedMar 25, 2026
Details
Dort Financial Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.65%
9048 HOLLY RD, GRAND BLANC, MI 48439
Public Funds Money Market
3.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
Horizon Bank Michigan City, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 2.79%
220 S Main St, Standish, MI 48658
Business Money Market Savings
3.65%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Horizon Bank Michigan City, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 2.79%
220 S Main St, Standish, MI 48658
Money Market
3.65%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Limited-time offer
Horizon Bank Michigan City, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 2.79%
220 S Main St, Standish, MI 48658
Business Money Market
3.65%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
$499,999.01 minimum balance required to receive the 3.65% APY. The Money Market APY will be paid on the entire balance in your account. Must be opened with money not currently on deposit at Horizon Bank.
Honor Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.80%
8952 US Highway 31, Berrien Springs, MI 49103
Amplify Money Market Rate
3.57%
$0
▼
Rate3.51%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Lake-Osceola State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.18%
790 Michigan Ave, Baldwin, MI 49304
Money Market Account (Tiered Rate)
3.56%
$0
▼
Rate3.50%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
First State Bank (MI)
Institution Rating:
A+5.0 ★ Texas Ratio: 1.41%
16100 E 9 Mile Rd, Eastpointe, MI 48021
Business Money Market
3.50%
$0
▼
Rate3.45%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Horizon Bank Michigan City, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 2.79%
220 S Main St, Standish, MI 48658
Money Market
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Limited-time offer
Horizon Bank Michigan City, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 2.79%
220 S Main St, Standish, MI 48658
Business Money Market
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
First State Bank (MI)
Institution Rating:
A+5.0 ★ Texas Ratio: 1.41%
16100 E 9 Mile Rd, Eastpointe, MI 48021
Purpose Money Market Account
3.50%
$0
▼
Rate3.45%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
First State Bank (MI)
Institution Rating:
A+5.0 ★ Texas Ratio: 1.41%
16100 E 9 Mile Rd, Eastpointe, MI 48021
Money Market
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
On balances $25,000+
People Driven Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.98%
24333 Lahser Rd, Southfield, MI 48033 6041
High Yield Money Market Account Rate
3.50%
$0
▼
Rate3.44%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Dort Financial Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.65%
9048 HOLLY RD, GRAND BLANC, MI 48439
Platinum Money Market
3.50%
$0
▼
Rate3.45%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
Forest Area Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.84%
638 Boyd St, Fife Lake, MI 49633 9333
Money Market
3.30%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 23, 2026
Details
ELGA Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.21%
2303 S Center Rd, Burton, MI 48519 1147
Business Money Market Account
3.30%
$0
▼
Rate3.25%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Selfreliance Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.56%
11756 Charest St, Hamtramck, MI 48212
Money Market Accounts
3.29%
$0
▼
Rate3.25%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Horizon Bank Michigan City, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 2.79%
220 S Main St, Standish, MI 48658
Money Market
3.25%
$25
▼
Rate—
Min Deposit$25
Min Balance—
UpdatedMar 27, 2026
Details
$49,999.01 minimum balance required to receive the 3.25% APY. The Money Market APY will be paid on the entire balance in your account. Interest is earned on balances $19,999.01 and over and must be opened with money not currently on deposit at Horizon Bank. Limited time offer. Rates are subject to change without notice.
Dort Financial Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.65%
9048 HOLLY RD, GRAND BLANC, MI 48439
Public Funds Money Market
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
Horizon Bank Michigan City, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 2.79%
220 S Main St, Standish, MI 48658
Money Market Account
3.25%
$25
▼
Rate—
Min Deposit$25
Min Balance—
UpdatedMar 27, 2026
Details
Limited-time offer
LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.47%
4866 Alpine Ave NW, Comstock Park, MI 49321 8579
Max Money Market
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
$250,000 - $999,999
UNIFY Financial Federal Credit Union
Institution Rating:
B4.4 ★ Texas Ratio: 21.76%
Toyota Technical Center, Saline, MI 48176
Money Market Plus Account
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMar 29, 2026
Details
Polish American Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 10.29%
2889 E Maple Rd, Troy, MI 48083
Money Market Account
3.04%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Genisys Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.03%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
Jumbo Money Market
3.04%
$0
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Filer Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.71%
1117 28th St, Manistee, MI 49660
MONEY MARKET SHARE
3.04%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMar 23, 2026
Details
First State Bank (MI)
Institution Rating:
A+5.0 ★ Texas Ratio: 1.41%
16100 E 9 Mile Rd, Eastpointe, MI 48021
Business Money Market
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMar 26, 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 Detroit, Michigan 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.
Methodology & Data Sources
Direct-Sourced & Verified Money Market Rate Data: We aggregate money market account rates for Detroit, Michigan 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 Detroit, Michigan. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in MI.
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 Detroit, Michigan
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 Michigan.
Are Money Market accounts in Detroit, Michigan 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 Michigan up to $250,000 per depositor, per institution.
How often do MMA rates change in Detroit, Michigan?
Money market rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Michigan 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 Detroit, Michigan
Here are some of the highest money market account APYs currently available in Detroit, Michigan and the surrounding area:
- New England Federal Credit Union
Essential Money Market — 4.50% APY - Community Financial Credit Union Plymouth, MI
Money Market — 4.20% APY - Community Choice Credit Union
Business Money Market — 4.10% APY - LMCU Lake Michigan Credit Union
Max Money Market — 4.05% APY - Honor Credit Union
Surge Money Market — 4.00% APY
Money Market Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Detroit, Michigan. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 29, 2026
