Salem, Oregon Money Market Rates - October 2026
Brian McKay
Brian McKay
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Salem, Oregon money market account rates range from 0.01% to 4.00% APY, verified by MonitorBankRates as of October 13, 2026. Current Salem, Oregon and the surrounding area money market deposit account rates include Unitus Community Credit UnionUnitus Community Credit Union3820 Market St NE, Salem, OR 97301 1830A+5.0 ★Texas Ratio: 3.01%Real return: +1.20%APY minus 2.8% CPI (February 2026) Money Market Account (Business) at 4.00% APY, OnPoint Community Credit UnionOnPoint Community Credit Union645 9th St NW Ste 185, Salem, OR 97304A+5.0 ★Texas Ratio: 4.12%Real return: +0.95%APY minus 2.8% CPI (February 2026) Business Nonprofit Money Market at 3.75% APY, US BankUS Bank302 State St, Salem, OR 97301A+5.0 ★Texas Ratio: 2.85%Real return: +0.60%APY minus 2.8% CPI (February 2026) Elite Money Market Account at 3.40% APY, Marion And Polk Schools Credit UnionMarion And Polk Schools Credit Union451 Division St NE, Salem, OR 97301A5.0 ★Texas Ratio: 9.77%Real return: +0.45%APY minus 2.8% CPI (February 2026) Premium Money Market at 3.25% APY, and Heritage Grove Federal Credit UnionHeritage Grove Federal Credit Union631 Winter St NE, Salem, OR 97301A+5.0 ★Texas Ratio: 5.80%Real return: -0.05%APY minus 2.8% CPI (February 2026) Premium Money Market at 2.75% APY. Money market rates as of October 13, 2026 according to verified data from MonitorBankRates.
Salem has 14 local institutions in our database, with money market rates as high as 4.00% APY from Unitus Community Credit Union at 3820 Market St NE, Salem, OR 97301 1830. Use the table below to compare all available offers, including options from institutions serving the broader Oregon area. Rates are continually updated, so we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in Salem, Oregon and surrounding area. Last Updated and Verified: October 13, 2026
Compare the Best Money Market Rates Today in Salem, Oregon & the Surrounding Area
Balance: $250,000 - $499,999.99
Balance: $0 - $250,000.00; No monthly fee if below minimum balance; Available to organizations registered as nonprofit with the Oregon or Washington Secretary of State or providing proof of IRS tax exempt status; Interest compounded and credited monthly; Rates effective 10-12-2026
- Oct 9, 20263.75%▲ from 3.50%
- Sep 14, 20263.50%first recorded
Balance: $25,000 - $49,999.99
Balance: $500,000 and above; Dividends compounded monthly; Monthly service fee $0; Minimum balance to avoid service fee $0
Balance: $100,000 - $249,999.99
Balance: $1,000,000 - $2,499,999.99
Balance: $250,000 - $499,999.99; Dividends compounded monthly; Monthly service fee $0; Minimum balance to avoid service fee $0
Balance: $100,000 and above; Dividends paid monthly and calculated on average daily balance
Balance: $3,000,000.00 or greater
Balance: $500,000.00 +
- Sep 24, 20262.53%▲ from 2.38%
- Sep 19, 20262.38%first recorded
Balance: $500,000.00 +
- Sep 24, 20262.53%▲ from 2.38%
- Sep 19, 20262.38%first recorded
Balance: $50,000 - $99,999.99
Balance: $500,000 - $999,999.99
Balance: $100,000 - $249,999.99; Dividends compounded monthly; Monthly service fee $0; Minimum balance to avoid service fee $0
Balance: $250,000.00 - $499,999.99
- Sep 24, 20262.12%▲ from 2.02%
- Sep 19, 20262.02%first recorded
Balance: $250,000.00 - $499,999.99
- Sep 24, 20262.12%▲ from 2.02%
- Sep 19, 20262.02%first recorded
Balance: $500,000 +. $1,000 minimum to avoid $10 monthly service charge
Balance: $25,000 - $49,999.99
Balance: $250,000 - $499,999.99
Balance: $5,000 and above; Dividends compounded & credited monthly; Monthly service fee $0; Minimum balance to avoid service fee $0
- Oct 13, 20262.00%▲ from 0.25%
- Sep 22, 20260.25%first recorded
Balance: $50,000 - $99,999
- Oct 10, 20261.75%▲ from 1.50%
- Sep 14, 20261.50%first recorded
Balance: $25,000.00 - $249,999.99
- Sep 24, 20261.61%▲ from 1.51%
- Sep 19, 20261.51%first recorded
Balance: $25,000.00 - $249,999.99
- Sep 24, 20261.61%▲ from 1.51%
- Sep 19, 20261.51%first recorded
Balance: $250,000 - $499,999. $1,000 minimum to avoid $10 monthly service charge
Balance: $90,000 - $249,999. $1,000 minimum to avoid $10 monthly service charge
Balance: $1,000 and over; Minimum Required Balance:
Balance: $10,000 - $24,999.99
Balance: $100,000 - $249,999.99
Balance: $50,000 - $99,999.99; Dividends compounded monthly; Monthly service fee $0; Minimum balance to avoid service fee $0
Balance: $25,000 - $49,999
- Oct 10, 20261.50%▲ from 1.30%
- Sep 14, 20261.30%first recorded
Balance: $1,000,000.00 - $2,999,999.00
Balance: $10,000 - $24,999
- Oct 10, 20261.30%▲ from 1.20%
- Sep 14, 20261.20%first recorded
Balance: $1,000 +; $6 per month or no fee if daily balance is $1,000+ or average monthly balance is $2,000+; Limit of 6 pre-authorized transfers per month; No more than 6 may be checks to third parties
Balance: $0 - $9,999
Balance: $500,000.00 - $999,999.99
Balance: $1,000.01 - $5,000.00; Effective date: March 14, 2024
Balance: $250,000 and over; Minimum balances start at $100; No limit on the number of money market accounts a member can open
Balance: $100,000.00 and greater; Effective date: April 1, 2025
Balance: $100,000 and above; Dividends paid monthly and calculated on average daily balance
Balance: $50,000.00 - $99,999.99; Effective date: April 1, 2025
- Sep 18, 20261.00%▼ from 1.04%
- Sep 14, 20261.04%first recorded
Balance: $0 - $9,999.99
Balance: $50,000 - $99,999.99
Balance: $5,000 - $249,999.99; Minimum balances start at $100; No limit on the number of money market accounts a member can open
- Oct 13, 20261.00%▼ from 1.10%
- Sep 14, 20261.10%first recorded
Balance: $25,000 - $49,999.99; Effective date: April 1, 2025
- Sep 18, 20260.95%▼ from 1.04%
- Sep 14, 20261.04%first recorded
Balance: $10,000.00 - $24,999.99; Effective date: April 1, 2025
- Sep 18, 20260.85%▼ from 1.04%
- Sep 14, 20261.04%first recorded
Balance: $1,000 - $14,999; Maximum $100,000 deposit per client.
Balance: $5,000.01 - $10,000.00; Effective date: March 14, 2024
Balance: $100,000.00 - $499,999.99
Balance tier: $100,000
Balance: $25,000 - $99,999.99; Dividends paid monthly and calculated on average daily balance
Balance: $25,000 - $49,999.99
Balance: $10,000 - $99,999.99; Dividends paid monthly and calculated on average daily balance
Balance tier: $50,000
Balance: $10,000 - $24,999.99; Dividends paid monthly and calculated on average daily balance
Balance tier: $25,000
Balance: $10,000 - $24,999.99
Balance: $1,000 - $9,999.99; Dividends paid monthly and calculated on average daily balance
Balance: $5,000.00 - $24,999.99
- Sep 24, 20260.40%▲ from 0.30%
- Sep 19, 20260.30%first recorded
Balance: $5,000.00 - $24,999.99
- Sep 24, 20260.40%▲ from 0.30%
- Sep 19, 20260.30%first recorded
Balance tier: $10,000
Column printed as *APR (Annual Percentage Rate); ($2,000 Min.); As of 9/15/2025
Balance: $0 - $9,999.99
Balance: Below $4,999.99; APY tied to half of the Federal Funds rate; No minimum deposit; No penalties for early withdrawal; Does not qualify for checks or debit cards
- Sep 18, 20260.25%▼ from 1.88%
- Sep 14, 20261.88%first recorded
Balance: Below $10,000; Monthly Service Fee: $0; Minimum Balance to Avoid Service Fee: $0; Monthly Transaction Fees: $0; Additional Requirement: Advanced Business Checking
Balance: Below $50,000; Tiered rates based on balance; No monthly service fee; Minimum $1 balance to earn dividends
- Oct 13, 20260.25%▼ from 1.50%
- Sep 14, 20261.50%first recorded
Balance: $15,000 +. $1,000 minimum to earn interest and avoid $10 monthly service charge.
Balance: $50,000.00 - $99,999.99
Balance tier: $2,500
Balance: $1,000 - $14,999. $1,000 minimum to earn interest and avoid $10 monthly service charge.
Balance: up to $49,999.99
Standard interest rate tier. APYs may vary by location. Restrictions apply.
- Oct 7, 20260.05%▼ from 3.40%
- Oct 4, 20263.40%first recorded
Balance: $0 - $9,999.99
Balance: $1,000,000.00+
Balance: $1,000,000.00+
Balance: $100,000.00 and greater
Balance: $750,000.00 - $999,999.99
Balance: $750,000.00 - $999,999.99
Balance: $750,000.00 - $999,999.99
as high as
Balance: $500,000 and above
Balance: $500,000.00 - $749,999.99
Balance: $500,000.00 - $749,999.99
Balance: $500,000.00 - $749,999.99
Balance: $1,000,000 and greater
Balance: $1,000,000 and greater
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.
Salem, OR Money Market Rate Trends
Compare local Salem, OR 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.
Oregon high-yield MMA rates rose 0.004 points over the past 7 days to 2.974% APY.
Oregon standard MMA rates fell 0.017 points over the past 7 days to 0.796% APY.
Salem, Oregon Money Market Rate Forecast, Next 12 Months
Money market rates move with Federal Reserve policy. Our model uses the current OR 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 OR high-yield money market average of 2.974% 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 Salem, Oregon.
Money Market Account Earnings in Salem, Oregon
Annual interest earnings at current OR 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 (2.974% APY) | Monthly Earnings | Standard MMA (0.796% APY) | Monthly Earnings |
|---|---|---|---|---|
| $10,000 | $297.36 / year | $24.78 | $79.56 / year | $6.63 |
| $25,000 | $743.40 / year | $61.95 | $198.90 / year | $16.58 |
| $50,000 | $1,486.80 / year | $123.90 | $397.80 / year | $33.15 |
| $100,000 | $2,973.60 / year | $247.80 | $795.60 / year | $66.30 |
| 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: Salem, Oregon money market rate averages as of October 13, 2026. | ||||
About Our Salem, Oregon Money Market Rate Database
MonitorBankRates found 14 institutions with branches in Salem (4 banks, 10 credit unions), plus 18 additional state-chartered and national online institutions available to Salem 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: Unitus Community Credit Union offers a money market account at 4.00% APY. Use the rate table above to compare all current offers in Salem, Oregon.
How to Find the Best Money Market Rates in Salem, Oregon
What to compare when shopping for a money market account in Salem, Oregon
To find the best money market APYs in Salem, Oregon, start with credit unions and online-only banks: Salem, Oregon has 24 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 OR high-yield money market average is 2.974% 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. Salem, Oregon high-yield money market rates currently average 2.974% 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 Salem, Oregon institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 32 institutions in Salem, Oregon 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 Salem, Oregon CD rates
- You don’t need check writing and want a lower minimum Salem, Oregon savings rates
- You need daily transaction access Salem, Oregon checking rates
Salem, Oregon Financial Snapshot
Local demographics and economic context for savers . Source: U.S. Census Bureau
15.8% of residents are 65 or older, below the national average of 17.3%. At today’s OR high-yield money market average of 2.974%, saving 10% of the local median salary ($3,978/year) would earn an additional $118 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Money Market Accounts vs. Other Salem, Oregon Options
How money market deposit accounts compare to other deposit products available at banks and credit unions in Salem, Oregon.
| Feature | Money Market | High-Yield Savings | Standard Savings | CD (12-Month) |
|---|---|---|---|---|
| Current OR Avg APY | 2.974% | View Savings Rates | 0.796%(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 Salem, Oregon averages tracked in our database as of October 13, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Salem, Oregon 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 Salem, Oregon 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 Salem, Oregon
At OR’s top money market rate of 4.00% from Unitus Community Credit Union, 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 Salem, Oregon earner is roughly $9,900. At 2.974% APY in a money market account, saving $830/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. Liquid Deposit AccountOregon’s high-yield money market average is 2.974% 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 Salem, Oregon earner makes $39,788/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 2.974% APY.
Retirement PlannerA $25,000 money market balance earning 2.974% APY grows to roughly $44,922 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 Salem, Oregon 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 Salem, Oregon 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 Salem, Oregon. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in OR.
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 Salem, Oregon
What is a Money Market Account (MMA)?
Are Money Market accounts in Salem, Oregon safe?
How often do MMA rates change in Salem, Oregon?
Can I write checks from a Money Market Account?
How much do I need to deposit to open a money market account in Salem, Oregon?
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 Salem, Oregon for money market accounts?
Best Money Market Rates in Salem, Oregon
- Unitus Community Credit Union
Money Market Account (Business): 4.00% APY - OnPoint Community Credit Union
Business Nonprofit Money Market: 3.75% APY - US Bank
Elite Money Market Account: 3.40% APY - Marion And Polk Schools Credit Union
Premium Money Market: 3.25% APY - Heritage Grove Federal Credit Union
Premium Money Market: 2.75% APY
Salem, Oregon Rates & Resources
