Saginaw, Michigan Money Market Rates - October 2026
Brian McKay
Brian McKay
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Saginaw, Michigan money market account rates range from 0.01% to 4.00% APY, verified by MonitorBankRates as of October 13, 2026. Current Saginaw, Michigan and the surrounding area money market deposit account rates include Members First Credit Union Midland, MIMembers First Credit Union Midland, MI4955 Bay Rd, Saginaw, MI 48604A+5.0 ★Texas Ratio: 4.54%Real return: +1.20%APY minus 2.8% CPI (February 2026) Money Market Account at 4.00% APY, LMCU Lake Michigan Credit UnionLMCU Lake Michigan Credit Union5430 State St, Saginaw, MI 48603A+5.0 ★Texas Ratio: 2.31%Real return: +1.10%APY minus 2.8% CPI (February 2026) Business Max Money Market at 3.90% APY, The Huntington National BankThe Huntington National Bank101 N Washington Ave, Saginaw, MI 48607A+5.0 ★Texas Ratio: 3.66%Real return: +0.55%APY minus 2.8% CPI (February 2026) Relationship Money Market Account - With Huntington Perks Checking at 3.35% APY, ELGA Credit UnionELGA Credit Union2686 McLeod Dr N, Saginaw, MI 48604A+5.0 ★Texas Ratio: 4.72%Real return: +0.50%APY minus 2.8% CPI (February 2026) Business Money Market Account at 3.30% APY, and United Financial Credit UnionUnited Financial Credit Union4685 STATE ST, SAGINAW, MI 48603A+5.0 ★Texas Ratio: 5.54%Real return: +0.20%APY minus 2.8% CPI (February 2026) Money Market Account for Guided Investments at 3.00% APY. Money market rates as of October 13, 2026 according to verified data from MonitorBankRates.
Saginaw has 15 local institutions in our database, with money market rates as high as 4.00% APY from Members First Credit Union Midland, MI at 4955 Bay Rd, Saginaw, MI 48604. Use the table below to compare all available offers, including options from institutions serving the broader Michigan area. Rates are continually updated, so we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in Saginaw, Michigan and surrounding area. Last Updated and Verified: October 13, 2026
Compare the Best Money Market Rates Today in Saginaw, Michigan & the Surrounding Area
Balance: $0 - $500.00; Dividends determined by tiered rate method
Balance: $1,000,000 +
Balance: $1,000,000 and over; Rates as of 10/13/26 and subject to change; Tiered interest accrued daily and paid monthly
Balance: $25,000.00 to $2,000,000.99
Balance: $25,000.00 to $2,000,000.99
Balance: $25,000.00 and up; Minimum Balance to Earn Dividends: $10,000.00
Balance: $250,000 - $999,999.99
Balance: $250,000 - $999,999.99; Rates as of 10/13/26 and subject to change; Tiered interest accrued daily and paid monthly
Available via the Personal Investment Portal located within Digital Banking; APY Variable; Rates as of February 4, 2026; Fees could reduce earnings
Balance: $100,000 - $249,999.99
Balance: $100,000 - $249,999.99; Rates as of 10/13/26 and subject to change; Tiered interest accrued daily and paid monthly
Balance: $1,000,000 and up
Published APY range: 2.70%-3.75%; Published rate range: 2.70%-3.75%. Rates based on zip code and with a minimum of $25,000 not currently deposited at Huntington. Get your variable rate after opening a Huntington Relationship Money Market Account when you maintain deposits of $25,000.00 - $2,000,000.99. Balances $2,000,001.00 and above currently earn 0.25% (0.25% APY). Balances below $25,000.00 do not earn interest and may be subject to a $25.00 per month maintenance fee. Fees may reduce earnings. When your balance falls into a specific rate tier, your entire balance will earn the applicable rate in effect for that tier. Initial minimum opening deposit to earn interest on the HRMMA is $25,000.00 and must be "New Money" which is defined as money that is not currently on deposit in any Huntington account (except maturing CDs).
Balance: $500,000 - $999,999
Balance: $500,000.01 and over
Balance: $1,000,000 and over
Balance: $200,000.01 - $500,000
Balance: $500,000 < $1,000,000
Balance: $100,000 - $499,999
Balance: $250,000 or greater
- Oct 7, 20262.17%▲ from 1.97%
- Sep 27, 20261.97%first recorded
Balance: $250,000 or greater
- Oct 7, 20262.12%▲ from 1.92%
- Sep 27, 20261.92%first recorded
Balance: $200,000.01 and over; Dividends determined by tiered rate method
Balance: $25,000 - $49,999.99
Balance: $25,000 - $49,999.99; Rates as of 10/13/26 and subject to change; Tiered interest accrued daily and paid monthly
Balance: $100,000.01 - $200,000.00; Dividends determined by tiered rate method
Balance: $500.01 - $1,000.00; Dividends determined by tiered rate method
Balance: $75,000.01 - $200,000
Balance: $200,000 < $500,000
Balance: $200,000 and over
Balance: $100,000 to $249,999
- Oct 7, 20261.61%▲ from 1.51%
- Sep 27, 20261.51%first recorded
Balance: $100,000 to $249,999
- Oct 7, 20261.56%▲ from 1.46%
- Sep 27, 20261.46%first recorded
Balance: $50,000 - $99,999
Balance: $150,000.1 - UP
Balance: $10,000.00-$24,999.99; Minimum Balance to Earn Dividends: $10,000.00
Balance: $50,000.01 - $100,000.00; Dividends determined by tiered rate method
Balance: $25,000 - $49,999
Balance: $75,000.01 - $150,000.0
Balance: $100,000 < $200,000
Balance: $10,000 - $24,999
Balance: $100,000 < $200,000
Balance: $25,000.01 - $50,000.00; Dividends determined by tiered rate method
Balance: $50,000 to $99,999
- Oct 7, 20261.11%▲ from 1.06%
- Sep 27, 20261.06%first recorded
Balance: $50,000 to $99,999
- Oct 7, 20261.06%▲ from 1.00%
- Sep 27, 20261.00%first recorded
Balance: $50,000.01 - $75,000.00
Balance: $10,000.01 - $25,000.00; Dividends determined by tiered rate method
Balance: $0 - $2,500
Balance: $0 - $2,500; Rates as of 10/13/26 and subject to change; Tiered interest accrued daily and paid monthly
Balance: Daily account balances $50,000 - $99,999
Balance: $50,000 < $100,000
Balance: $50,000 < $100,000
Balance: Daily account balances $25,000 - $49,999
Balance: $25,000 < $50,000
Balance: $20,000.01 - $50,000.00
Balance: $200,000 and up
Balance: $25,000.01 - $75,000
Balance: $25,000 < $50,000
IRA Money Market Savings - Rates
Balance: Daily account balances $15,000-$24,999
Balance: $100,000 & Up
Balance: $1,000.01 - $10,000.00; Dividends determined by tiered rate method
Balance: $25,000 to $49,999
- Oct 7, 20260.50%▲ from 0.45%
- Sep 27, 20260.45%first recorded
Balance: $2,500.00 - $20,000.00
Balance: $25,000 to $49,999
- Oct 7, 20260.45%▲ from 0.40%
- Sep 27, 20260.40%first recorded
Balance: $10,000 < $25,000
Balance: $150,000 & over
Balance: $150,000 and over
Balance: $50,000 - $99,999.99
Balance: $100,000 - $149,999.99
Balance: $100,000 - $149,999.99
Balance: Daily account balances $1,500-$14,999
Balance: $50,000 - $99,999.99
Balance: $2,000,001.00 to $99,999,999,999.99
- Oct 7, 20260.25%▲ from 0.05%
- Sep 27, 20260.05%▼ from 0.25%
- Sep 14, 20260.25%first recorded
Balance: $2,500 < $10,000
Balance: $10,000 to $24,999
Balance: $1,000 < $2,500
Balance: $100,000.00 - $249,999.99
Balance: $100,000.00 - $249,999.99
Balance: $1.00 - $9,999.99
Balance: $10,000 to $24,999
Balance: $1.00 - $9,999.99
Balance: $100,000.00 - $249,999.99
Balance: $0 to $9,999
Balance: $100,000.00 - $249,999.99
Balance: $25,000.00 to $99,999.99
- Sep 27, 20260.05%▼ from 3.25%
- Sep 14, 20263.25%first recorded
Balance: $1.00 - $9,999.99
Balance: $0 to $9,999
Balance: $50,000 +**
Balance: $50,000 + **
Earn up to 3.75% APY with a Money Market Savings
Balance: $1,000,000.00 and above
Balance $1,000,000 and over
Balance: $1,000,000 and above
Preferred rates; New money is required to qualify for preferred rates.
Preferred rates; New money required to qualify for preferred rates.
Balance: $25,000 +
Balance: $25,000 +
Balance: $1,000,000+; Account fees may reduce the earnings on the account. $4 monthly paper statement fee waived with enrollment in e-Statements. Rates are variable and subject to change at any time without notice. APY as of December 12, 2025. APY - Annual Percentage Yield.
Balance: $250,000-$999,999.99; Account fees may reduce the earnings on the account. $4 monthly paper statement fee waived with enrollment in e-Statements. Rates are variable and subject to change at any time without notice. APY as of December 12, 2025. APY - Annual Percentage Yield.
Balance: $5,000 - $24,999
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.
Saginaw, MI Money Market Rate Trends
Compare local Saginaw, MI 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.
Michigan high-yield MMA rates rose 0.028 points over the past 7 days to 3.112% APY.
Michigan standard MMA rates fell 0.015 points over the past 7 days to 0.740% APY.
Saginaw, Michigan Money Market Rate Forecast, Next 12 Months
Money market rates move with Federal Reserve policy. Our model uses the current MI high-yield MMA average and a Fed funds spread to project the likely rate trajectory for 2026 to 2027.
Money market account rates are variable and move in close correlation with the Federal Reserve’s federal funds rate target. Our 12-month forecast is derived from the current MI high-yield money market average of 3.112% APY and a Fed funds spread model calibrated to the historical relationship between policy rate changes and deposit rate adjustments at banks and credit unions.
Key assumptions: the Federal Reserve holds the federal funds rate at its current level over the next 12 months, with the possibility of one 25 basis point increase; deposit rates at banks and credit unions track policy-rate changes within 60 to 90 days. High-yield money market rates tend to adjust faster than standard branch-based accounts.
Important notice: This forecast is for informational purposes only and should not be used as the sole basis for financial decisions. Rate forecasts carry significant uncertainty. The actual trajectory will depend on Federal Reserve decisions, economic conditions, and competitive dynamics among financial institutions in Saginaw, Michigan.
Money Market Account Earnings in Saginaw, Michigan
Annual interest earnings at current MI average APYs, based on the high-yield and standard money market averages tracked in our database. Balances reflect the higher minimums typical of money market accounts. Compounding assumed monthly.
| Balance | HY Money Market (3.112% APY) | Monthly Earnings | Standard MMA (0.740% APY) | Monthly Earnings |
|---|---|---|---|---|
| $10,000 | $311.18 / year | $25.93 | $73.97 / year | $6.16 |
| $25,000 | $777.95 / year | $64.83 | $184.93 / year | $15.41 |
| $50,000 | $1,555.90 / year | $129.66 | $369.85 / year | $30.82 |
| $100,000 | $3,111.80 / year | $259.32 | $739.70 / year | $61.64 |
| Earnings estimates use daily compounding. Actual earnings depend on exact rate, compounding frequency, rate tier, and daily balance maintained. Rates are variable and subject to change. Source: Saginaw, Michigan money market rate averages as of October 14, 2026. | ||||
About Our Saginaw, Michigan Money Market Rate Database
MonitorBankRates found 15 institutions with branches in Saginaw (4 banks, 11 credit unions), plus 25 additional state-chartered and national online institutions available to Saginaw residents. Our proprietary aggregation system pulls verified rate data directly from each institution’s official website, no estimates, no national averages passed off as real offers.
Every rate listed includes the institution’s Safety Grade (A+ to F), Star Rating (1 to 5), and Texas Ratio, objective financial health metrics calculated from FDIC and NCUA regulatory data, so you can compare yield and institutional safety in one place.
Current top rate: Members First Credit Union Midland, MI offers a money market account at 4.00% APY. Use the rate table above to compare all current offers in Saginaw, Michigan.
How to Find the Best Money Market Rates in Saginaw, Michigan
What to compare when shopping for a money market account in Saginaw, Michigan
To find the best money market APYs in Saginaw, Michigan, start with credit unions and online-only banks: Saginaw, Michigan has 29 credit unions in our database, and they consistently offer some of the highest yields because they are member-owned nonprofits with lower overhead than traditional banks.
Always compare the APY (Annual Percentage Yield), not just the interest rate, and pay close attention to balance tiers. Many money market accounts only pay their advertised top rate above a minimum balance of $1,000 to $25,000, with lower rates (or monthly fees) below that threshold. The current MI high-yield money market average is 3.112% but top local institutions are offering as high as 4.00%, so shopping around pays off.
Unlike a CD, money market rates are variable. Your rate can change at any time with Federal Reserve policy. Also check check-writing and debit card limits: most MMAs allow a set number of withdrawals per month, and exceeding the limit can trigger fees. Review your account periodically to ensure your APY remains competitive.
When a Money Market Account Makes Sense
- Emergency fund with flexibility: You get savings-level yields plus limited check-writing and debit access. Saginaw, Michigan high-yield money market rates currently average 3.112% APY, far above a typical checking account.
- Larger balances ($10,000+): Many MMAs pay tiered rates that rise with your balance, so bigger deposits often earn more than they would in a standard savings account.
- Parking cash between investments: A high-yield money market account at Saginaw, Michigan institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 40 institutions in Saginaw, Michigan report money market rates to our database.
- No rate lock-in risk: Unlike a CD, your rate moves up with the market if rates rise further.
Consider an Alternative If…
- You want a locked-in, guaranteed return Saginaw, Michigan CD rates
- You don’t need check writing and want a lower minimum Saginaw, Michigan savings rates
- You need daily transaction access Saginaw, Michigan checking rates
Saginaw, Michigan Financial Snapshot
Local demographics and economic context for savers . Source: U.S. Census Bureau
14.9% of residents are 65 or older, below the national average of 17.3%; an unemployment rate of 10.1% (vs. 4.8% nationally) underscores the value of keeping liquid emergency savings. At today’s MI high-yield money market average of 3.112%, saving 10% of the local median salary ($2,670/year) would earn an additional $83 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Money Market Accounts vs. Other Saginaw, Michigan Options
How money market deposit accounts compare to other deposit products available at banks and credit unions in Saginaw, Michigan.
| Feature | Money Market | High-Yield Savings | Standard Savings | CD (12-Month) |
|---|---|---|---|---|
| Current MI Avg APY | 3.112% | View Savings Rates | 0.740%(Standard MMA) | View CD Rates |
| Rate Type | Variable | Variable | Variable | Fixed for term |
| FDIC / NCUA Insured | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K |
| Withdraw Anytime | ✓ Yes | ✓ Yes | ✓ Yes | ✗ Penalty applies |
| Check Writing | ✓ Often yes | ✗ No | ✗ No | ✗ No |
| Debit / ATM Card | ✓ Often yes | Some institutions | ✗ Rarely | ✗ No |
| Typical Min Deposit | $0 to $2,500 | $0 to $100 | $25 to $100 | $500 to $1,000 |
| Rate Risk | Variable, moves with Fed policy | Variable, moves with Fed policy | Variable, moves with Fed policy | None, locked for term |
| Best For | Active savers wanting flexibility + check writing | Emergency fund, short-term goals, parking cash | Everyday saving, low-balance accounts | Locking in a rate for a defined period |
APY data reflects Saginaw, Michigan averages tracked in our database as of October 14, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Saginaw, Michigan Money Market Account Calculator
See how much a money market account can earn you. Enter your deposit, monthly contribution, and time frame, or click any current Saginaw, Michigan rate on the right to apply it instantly. Interest compounds monthly.
Assumes monthly compounding and a constant APY for the full period. Money market rates are variable and can change at any time, so actual earnings will differ. Estimates are for informational purposes only.
Money Market & Savings Calculators for Saginaw, Michigan
At MI’s top money market rate of 4.00% from Members First Credit Union Midland, MI, a $10,000 deposit earns $400 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Saginaw, Michigan earner is roughly $6,700. At 3.112% APY in a money market account, saving $560/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. Liquid Deposit AccountMichigan’s high-yield money market average is 3.112% APY, variable, always accessible, and often with check-writing. A local CD may offer a higher fixed yield in exchange for locking in your deposit. Compare both side-by-side to find the better fit for your timeline.
Budget CalculatorBefore you can grow your savings, you need to know how much you can set aside each month. The median Saginaw, Michigan earner makes $26,707/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 3.112% APY.
Retirement PlannerA $25,000 money market balance earning 3.112% APY grows to roughly $46,143 over 20 years with compounding. See how your current savings trajectory lines up with your retirement income needs.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Saginaw, Michigan 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 Saginaw, 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 Saginaw, 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 Saginaw, Michigan
What is a Money Market Account (MMA)?
Are Money Market accounts in Saginaw, Michigan safe?
How often do MMA rates change in Saginaw, Michigan?
Can I write checks from a Money Market Account?
How much do I need to deposit to open a money market account in Saginaw, Michigan?
Can I lose money in a Money Market Account?
What is the difference between a Money Market Account and a Money Market Fund?
Do I have to pay taxes on money market account interest?
Are online banks better than local banks in Saginaw, Michigan for money market accounts?
Best Money Market Rates in Saginaw, Michigan
- Members First Credit Union Midland, MI
Money Market Account: 4.00% APY - LMCU Lake Michigan Credit Union
Business Max Money Market: 3.90% APY - The Huntington National Bank
Relationship Money Market Account - With Huntington Perks Checking: 3.35% APY - ELGA Credit Union
Business Money Market Account: 3.30% APY - United Financial Credit Union
Money Market Account for Guided Investments: 3.00% APY
Saginaw, Michigan Rates & Resources
