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Best Money Market Rates in Draper, Utah (UT) - May 2026

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Editorial Disclosure The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
| ✓Fact Checked | Last Updated: May 12, 2026

Current Draper, Utah and the surrounding area money market deposit account rates include America First Federal Credit UnionAmerica First Federal Credit Union520 E 12300 S, Draper, UT 84020A5.0 ★Texas Ratio: 8.12% Money Market at 3.90% APY, Cyprus Federal Credit UnionCyprus Federal Credit Union183 E 13800 S, Draper, UT 84020A+5.0 ★Texas Ratio: 2.42% Money Market at 3.70% APY, Mountain America Federal Credit UnionMountain America Federal Credit Union12221 S State St, Draper, UT 84020 7023A5.0 ★Texas Ratio: 11.38% Money market at 3.55% APY, UTAH COMMUNITYUTAH COMMUNITY112 E 12300 S, DRAPER, UT 84020C3.8 ★Texas Ratio: 29.46% Money Market Account at 3.55% APY, and Baxter Credit UnionBaxter Credit Union12050 S Lone Peak Pkwy, Draper, UT 84020 9414A5.0 ★Texas Ratio: 7.73% Money Market Special at 3.50% APY. Money market rates as of May 12, 2026 according to verified data from MonitorBankRates.

Draper has 5 local institutions in our database, with money market rates as high as 3.90% APY from America First Federal Credit Union at 520 E 12300 S, Draper, UT 84020. Use the table below to compare all available offers, including options from institutions serving the broader Utah area. Rates are continually updated — we recommend checking back frequently.

Rates reflect recent market quotes and representative offers available to depositors in Draper, Utah and surrounding area. Last Updated and Verified: May 12, 2026

Compare the Best Money Market Rates Today in Draper, Utah & the Surrounding Area

Source: Verified Money Market Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
America First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.12%
520 E 12300 S, Draper, UT 84020
Money Market
3.90%
$0
View
▼
Rate3.83%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Cyprus Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.42%
183 E 13800 S, Draper, UT 84020
Money Market
3.70%
$0
View
▼
Rate3.64%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

UTAH COMMUNITY
Institution Rating:
C3.8 ★ Texas Ratio: 29.46%
112 E 12300 S, DRAPER, UT 84020
Money Market Account
3.55%
$0
View
▼
Rate3.49%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

UTAH COMMUNITY
Institution Rating:
C3.8 ★ Texas Ratio: 29.46%
112 E 12300 S, DRAPER, UT 84020
Money Market Savings
3.55%
$0
View
▼
Rate3.49%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Mountain America Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.38%
12221 S State St, Draper, UT 84020 7023
Money market
3.55%
$0
View
▼
Rate3.49%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
12050 S Lone Peak Pkwy, Draper, UT 84020 9414
Money Market Special Intro rate
3.50%
$0
View
▼
Rate3.45%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

$15,000+

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
12050 S Lone Peak Pkwy, Draper, UT 84020 9414
Money Market Special
3.50%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

America First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.12%
520 E 12300 S, Draper, UT 84020
Money Market
3.45%
$0
View
▼
Rate3.40%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Cyprus Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.42%
183 E 13800 S, Draper, UT 84020
Money Market
3.35%
$0
View
▼
Rate3.30%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

UTAH COMMUNITY
Institution Rating:
C3.8 ★ Texas Ratio: 29.46%
112 E 12300 S, DRAPER, UT 84020
Money Market Savings
3.30%
$0
View
▼
Rate3.25%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

UTAH COMMUNITY
Institution Rating:
C3.8 ★ Texas Ratio: 29.46%
112 E 12300 S, DRAPER, UT 84020
Money Market Account
3.30%
$0
View
▼
Rate3.25%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Mountain America Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.38%
12221 S State St, Draper, UT 84020 7023
Money market
3.20%
$0
View
▼
Rate3.15%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

America First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.12%
520 E 12300 S, Draper, UT 84020
Money Market
2.70%
$0
View
▼
Rate2.67%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Cyprus Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.42%
183 E 13800 S, Draper, UT 84020
Money Market
2.55%
$0
View
▼
Rate2.52%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

UTAH COMMUNITY
Institution Rating:
C3.8 ★ Texas Ratio: 29.46%
112 E 12300 S, DRAPER, UT 84020
Money Market Savings
2.50%
$0
View
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

UTAH COMMUNITY
Institution Rating:
C3.8 ★ Texas Ratio: 29.46%
112 E 12300 S, DRAPER, UT 84020
Money Market Account
2.50%
$0
View
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Mountain America Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.38%
12221 S State St, Draper, UT 84020 7023
Money market
2.40%
$0
View
▼
Rate2.37%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

America First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.12%
520 E 12300 S, Draper, UT 84020
Money Market
2.05%
$0
View
▼
Rate2.03%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

UTAH COMMUNITY
Institution Rating:
C3.8 ★ Texas Ratio: 29.46%
112 E 12300 S, DRAPER, UT 84020
Money Market Savings
2.00%
$0
View
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

UTAH COMMUNITY
Institution Rating:
C3.8 ★ Texas Ratio: 29.46%
112 E 12300 S, DRAPER, UT 84020
Money Market Account
2.00%
$0
View
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Cyprus Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.42%
183 E 13800 S, Draper, UT 84020
Money Market
2.00%
$0
View
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Mountain America Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.38%
12221 S State St, Draper, UT 84020 7023
Money market
1.90%
$0
View
▼
Rate1.88%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

America First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.12%
520 E 12300 S, Draper, UT 84020
Money Market
1.80%
$0
View
▼
Rate1.79%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Cyprus Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.42%
183 E 13800 S, Draper, UT 84020
Money Market
1.55%
$0
View
▼
Rate1.54%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

UTAH COMMUNITY
Institution Rating:
C3.8 ★ Texas Ratio: 29.46%
112 E 12300 S, DRAPER, UT 84020
Money Market Account
1.50%
$0
View
▼
Rate1.49%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

UTAH COMMUNITY
Institution Rating:
C3.8 ★ Texas Ratio: 29.46%
112 E 12300 S, DRAPER, UT 84020
Money Market Savings
1.50%
$0
View
▼
Rate1.49%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Mountain America Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.38%
12221 S State St, Draper, UT 84020 7023
Money market
1.45%
$0
View
▼
Rate1.44%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
12050 S Lone Peak Pkwy, Draper, UT 84020 9414
Money Market Special
1.25%
$0
View
▼
Rate1.24%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

$15,000+

America First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.12%
520 E 12300 S, Draper, UT 84020
Money Market
1.25%
$0
View
▼
Rate1.24%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

America First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.12%
520 E 12300 S, Draper, UT 84020
Money Market
1.10%
$0
View
▼
Rate1.09%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Cyprus Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.42%
183 E 13800 S, Draper, UT 84020
Money Market
1.00%
$0
View
▼
Rate0.99%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

America First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.12%
520 E 12300 S, Draper, UT 84020
Money Market
1.00%
$0
View
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Qualifying balance up to $4,999.99

Mountain America Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.38%
12221 S State St, Draper, UT 84020 7023
Money market
1.00%
$0
View
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

UTAH COMMUNITY
Institution Rating:
C3.8 ★ Texas Ratio: 29.46%
112 E 12300 S, DRAPER, UT 84020
Money Market Savings
1.00%
$0
View
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

UTAH COMMUNITY
Institution Rating:
C3.8 ★ Texas Ratio: 29.46%
112 E 12300 S, DRAPER, UT 84020
Money Market Account
1.00%
$0
View
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Cyprus Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.42%
183 E 13800 S, Draper, UT 84020
Money Market
0.90%
$0
View
▼
Rate0.90%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

UTAH COMMUNITY
Institution Rating:
C3.8 ★ Texas Ratio: 29.46%
112 E 12300 S, DRAPER, UT 84020
Money Market Savings
0.85%
$0
View
▼
Rate0.85%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Mountain America Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.38%
12221 S State St, Draper, UT 84020 7023
Money market
0.85%
$0
View
▼
Rate0.85%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

UTAH COMMUNITY
Institution Rating:
C3.8 ★ Texas Ratio: 29.46%
112 E 12300 S, DRAPER, UT 84020
Money Market Account
0.85%
$0
View
▼
Rate0.85%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

UTAH COMMUNITY
Institution Rating:
C3.8 ★ Texas Ratio: 29.46%
112 E 12300 S, DRAPER, UT 84020
Money Market Savings
0.50%
$0
View
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

UTAH COMMUNITY
Institution Rating:
C3.8 ★ Texas Ratio: 29.46%
112 E 12300 S, DRAPER, UT 84020
Money Market Account
0.50%
$0
View
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Mountain America Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.38%
12221 S State St, Draper, UT 84020 7023
Money market
0.45%
$0
View
▼
Rate0.45%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

America First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.12%
520 E 12300 S, Draper, UT 84020
Money Market Checking
0.30%
$0
View
▼
Rate0.30%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
12050 S Lone Peak Pkwy, Draper, UT 84020 9414
Regular Money Market
0.30%
$0
View
▼
Rate0.30%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

America First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.12%
520 E 12300 S, Draper, UT 84020
Money Market Checking
0.25%
$0
View
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
12050 S Lone Peak Pkwy, Draper, UT 84020 9414
Regular Money Market
0.20%
$0
View
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

America First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.12%
520 E 12300 S, Draper, UT 84020
Money Market Checking
0.20%
$0
View
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
12050 S Lone Peak Pkwy, Draper, UT 84020 9414
Regular Money Market
0.15%
$0
View
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

America First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.12%
520 E 12300 S, Draper, UT 84020
Money Market Checking
0.15%
$0
View
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
12050 S Lone Peak Pkwy, Draper, UT 84020 9414
IRA Money Market
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
12050 S Lone Peak Pkwy, Draper, UT 84020 9414
Regular Money Market
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

America First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.12%
520 E 12300 S, Draper, UT 84020
Money Market Checking
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
12050 S Lone Peak Pkwy, Draper, UT 84020 9414
Regular Money Market
0.05%
$0
View
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
12050 S Lone Peak Pkwy, Draper, UT 84020 9414
IRA Money Market
0.05%
$0
View
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Cyprus Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.42%
183 E 13800 S, Draper, UT 84020
Money Market
0.05%
$0
View
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
12050 S Lone Peak Pkwy, Draper, UT 84020 9414
Money Market Special Less than
0.05%
$0
View
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

$15,000

America First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.12%
520 E 12300 S, Draper, UT 84020
Money Market Checking
0.00%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Granite Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.83%
Business Builder Money Market
4.00%
$0
View
▼
Rate3.93%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Utah First Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.03%
Money Market
3.90%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

Granite Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.83%
Business Money Market Checking
3.90%
$0
View
▼
Rate3.83%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Deseret First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.12%
Business Money Market
3.85%
$0
View
▼
Rate3.78%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Deseret First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.12%
Money Market Accounts
3.85%
$0
View
▼
Rate3.78%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Deseret First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.12%
Money Market Accounts Loyalty
3.85%
$0
View
▼
Rate3.78%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Education 1st Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.13%
Money Market Account
3.85%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Education 1st Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.13%
Money Market Account
3.80%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Education 1st Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.13%
Money Market Account
3.75%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Prime Alliance Bank
Institution Rating:
D3.1 ★ Texas Ratio: 37.64%
Personal Money Market
3.75%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Celtic Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.72%
Money Market Account
3.38%
$0
View
▼
Rate3.32%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

more than $1M

TAB Bank
Institution Rating:
A5.0 ★ Texas Ratio: 13.12%
Business Money Market
3.25%
$0
View
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Qualifying balance up to $1,000,000.00

Home Savings Bank Salt Lake City, UT
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
k Money Market
3.00%
$0
View
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

$250

Grand Valley Bank
Institution Rating:
A5.0 ★ Texas Ratio: 11.80%
Money Market Account
2.70%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

Home Savings Bank Salt Lake City, UT
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
k Money Market
2.50%
$0
View
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

$100

Northwest Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.09%
Money Market Plus - Personal & Business
2.50%
$0
View
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Grand Valley Bank
Institution Rating:
A5.0 ★ Texas Ratio: 11.80%
Money Market Account
2.20%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

Qualifying balance up to $999,999.99

Home Savings Bank Salt Lake City, UT
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
k Money Market
2.00%
$0
View
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

$25

Northwest Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.09%
Money Market Plus - Personal & Business
1.80%
$0
View
▼
Rate1.78%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Grand Valley Bank
Institution Rating:
A5.0 ★ Texas Ratio: 11.80%
Money Market Account
1.70%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

Qualifying balance up to $249,999.99

Northwest Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.09%
Money Market Plus - Personal & Business
1.65%
$0
View
▼
Rate1.64%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Northwest Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.09%
Money Market Plus - Personal & Business
1.45%
$0
View
▼
Rate1.44%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Northwest Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.09%
Money Market Plus - Personal & Business
1.35%
$0
View
▼
Rate1.34%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Celtic Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.72%
Money Market Account
1.35%
$0
View
▼
Rate1.34%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

$100K to $1M

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 Draper, Utah 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.

Draper, UT Money Market Rate Trends

Compare local Draper, UT 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 Utah MMA Trends →
High-Yield MMA — UT Avg
2.929%
▼ 0.094 vs 7 days ago

Utah high-yield MMA rates fell 0.094 points over the past 7 days to 2.929% APY.

Standard MMA — UT Avg
1.187%
▼ 0.119 vs 7 days ago

Utah standard MMA rates fell 0.119 points over the past 7 days to 1.187% APY.

As of May 13, 2026 • Rate data sourced from 8,500+ monitored institutions Powered by MonitorBankRates

Methodology & Data Sources

Direct-Sourced & Verified Money Market Rate Data: We aggregate money market deposit account rates for Draper, Utah 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 Draper, Utah. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in UT.

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 Draper, Utah

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 Utah.

Are Money Market accounts in Draper, Utah 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 Utah up to $250,000 per depositor, per institution.

How often do MMA rates change in Draper, Utah?

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

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

Here are some of the highest money market account APYs currently available in Draper, Utah and the surrounding area:
  • America First Federal Credit Union
    Money Market — 3.90% APY
  • Cyprus Federal Credit Union
    Money Market — 3.70% APY
  • Mountain America Federal Credit Union
    Money market — 3.55% APY
  • UTAH COMMUNITY
    Money Market Account — 3.55% APY
  • Baxter Credit Union
    Money Market Special — 3.50% APY
Money Market Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Draper, Utah. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: May 12, 2026

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