Gurnee, Illinois Savings Rates - October 2026
Brian McKay
Brian McKay
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Gurnee, Illinois savings account rates range from 0.01% to 5.12% APY, verified by MonitorBankRates as of October 13, 2026. The best savings rates for Gurnee, Illinois and the surrounding area include US BankUS Bank6589 Grand Ave, Gurnee, IL 60031A+5.0 ★Texas Ratio: 2.85%Real return: +0.70%APY minus 2.8% CPI (February 2026) Bank Smartly Savings Account at 3.50% APY, The Huntington National BankThe Huntington National Bank6121 Washington St, Gurnee, IL 60031A+5.0 ★Texas Ratio: 3.66%Real return: +0.45%APY minus 2.8% CPI (February 2026) Relationship Savings Account - With Huntington Perks Checking at 3.25% APY, Navy Federal Credit UnionNavy Federal Credit Union6447 Grand Ave, Gurnee, IL 60031A5.0 ★Texas Ratio: 8.14%Real return: -0.65%APY minus 2.8% CPI (February 2026) Jumbo Money Market Savings Account at 2.15% APY, Advia Credit UnionAdvia Credit Union5103 Washington St, Gurnee, IL 60031 5912A+5.0 ★Texas Ratio: 5.38%Real return: -0.80%APY minus 2.8% CPI (February 2026) Health Savings Account (HSA) at 2.00% APY, and Baxter Credit UnionBaxter Credit Union6411 Grand Ave, Gurnee, IL 60031 5273A5.0 ★Texas Ratio: 6.31%Real return: -0.90%APY minus 2.8% CPI (February 2026) Rainy Day Savings at 1.90% APY.
Gurnee has 54 local institutions in our database, with savings rates as high as 3.50% APY from US Bank at 6589 Grand Ave, Gurnee, IL 60031. Use the table below to compare all available offers, including options from institutions serving the broader Illinois area. Rates are continually updated, so we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Gurnee, Illinois and the surrounding area. Last Updated and Verified: October 13, 2026
Compare the Best Savings Rates in Gurnee, Illinois & Surrounding Communities
Earn up to 3.50% APY when you are an account owner of a Bank Smartly Checking, Safe Debit account, or Bank SmartlyTM Visa Signature Card and a CQB of at least $25,000. APYs may vary by location and are accurate for accounts opened on today's date. Restrictions apply.
Balance: $5,000.00 to $2,000,000.99
Balance: $5,000.00 to $2,000,000.99
Published APY range: 2.40%-4.00%; Published rate range: 2.40%-4.00%. Rates based on zip code and with a minimum of $5,000 not currently deposited at Huntington. Get your variable rate after opening a Huntington Relationship Savings Account when you maintain deposits of $5,000.00 - $2,000,000.99. Balances $2,000,001.00 and above will earn 0.01% (0.01% APY). Balances below $5,000.00 will earn 0.01% (0.01% APY). Balances below $2,500 may be subject to a $10.00 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 the higher interest rate on the HRSA is $5,000.00 and must be "New Money" which is defined as money that is not currently on deposit in any Huntington account (except maturing CDs).
Balance: $1,000,000 and over
Save for future medical expenses tax-free with an HSA from Advia. Enjoy the peace of mind that comes with a triple tax advantage on qualified healthcare costs. Competitive interest rates; Free HSA Debit Card
Balance: $500,000 - $999,999
Balance: On balances above $25,000 and up to $50,000
Balance: $250,000 - $499,999
Balance: $100,000 - $249,999
Balance: $50,000 and over
Balance: On balances up to $25,000
Balance: $250,000+
Balance: $25,000 - $49,999
Balance: $10,000 - $24,999
Balance: $2,500 - $9,999
After the promotional period, a minimum $1,000 average daily balance is required to earn dividends; the standard tiered rates will apply: $0-$999=0.00% APY, $1,000-$99,999=0.35% APY; $250,000+=1.00% APY. No additional Advantage Plus Rewards rate incentives may be applied. Visit adviacu.org for more details. See our Service Charges for minimum balance fee.
Balance: $100,000 - $249,999.99
Balance: $25,000.00 - $99,999.99
Balance: $1,000 minimum balance; Get more from your money with progressive rates that grow as your balance does. Money Market Savings is a strong choice for members with larger balances who want more earning power without giving up flexibility. Interest paid monthly; Progressive rates
A Uniform Transfer to Minors Act (UTMA) account lets you save on behalf of a child with a custodial account. Works like a savings account for kids, giving you tax-advantaged custodial control until they reach the age of majority. Earns quarterly dividends on balances of $5.00 or more; Save for education expenses; No limit to number or amount of financial contributions
Balance: $0.00 - $24,999.99
A minimum $1,000 daily balance is required to earn dividends. The following tiered rates will apply: $1,000-$24,999 = 0.40% APY; $25,000-$74,999 = 0.50% APY; $75,000+ = 0.60% APY.
- Oct 9, 20260.50%▼ from 0.60%
- Sep 14, 20260.60%first recorded
A minimum $1,000 daily balance is required to earn dividends. The following tiered rates will apply: $1,000-$24,999 = 0.40% APY; $25,000-$74,999 = 0.50% APY; $75,000+ = 0.60% APY.
- Oct 9, 20260.40%▼ from 0.60%
- Sep 14, 20260.60%first recorded
Balance: $10,000.00 or more
Over $10,000; Transaction Limits: Limited
After the promotional period, a minimum $1,000 average daily balance is required to earn dividends; the standard tiered rates will apply: $0-$999=0.00% APY, $1,000-$99,999=0.35% APY; $250,000+=1.00% APY. No additional Advantage Plus Rewards rate incentives may be applied. Visit adviacu.org for more details. See our Service Charges for minimum balance fee.
Transaction Limits: Limited
- Oct 2, 20260.30%▲ from 0.05%
- Sep 27, 20260.05%▼ from 0.30%
- Sep 14, 20260.30%first recorded
Balance: $0 - $99,999
Balance: less than $10,000
Under $10,000; Transaction Limits: Limited
Disclosure
Disclosure
Disclosure
Save all year for holiday gifts, travel, and seasonal spending. Your Holiday Club balance automatically transfers on November 1, right when you need it. Higher interest rate; No monthly fee
Transaction Limits: Limited
- Oct 2, 20260.05%▼ from 0.25%
- Sep 27, 20260.25%▲ from 0.05%
- Sep 14, 20260.05%first recorded
Account activity that does not meet Advantage Plus qualifications will earn an APY of 0.05%. A minimum $10,000 average daily balance is required to earn dividends. No minimum balance to open. See adviacu.org/APlus for qualifications.
- Sep 18, 20260.05%▼ from 3.50%
- Sep 14, 20263.50%first recorded
Pays dividends quarterly on balances of $500+; Optional overdraft for Checking
Organize your money by goal with a Secondary Savings account. Great for building an emergency fund , saving for a vacation, or splitting savings across multiple goals. Earn interest quarterly on balances of $500+; 24/7 access within Digital Banking
Balance: $0.01 to $4,999.99
Balance: $0.01 to $4,999.99
Balance: $1.00 - $499.99
Balance: $0.01 to $4,999.99
Balance: $0 - $5,000.00*
Introductory promo for new customers. Introductory Interest Rate is determined by adding 0.67% to the variable interest rate paid on the Valley Direct High Yield Savings account (the "Standard Interest Rate"). The Introductory Interest Rate, Standard Interest Rate and APY are variable and may change after the account is opened.
Balance: $0.01 - $20,000
Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Balance: 0 to $50,000
Balance: $0 - $1,999.99
Balance: $.01 - $500.00
Balance: Daily Balances Of$5,000-$100,000
Balance: $0.01
Balance: $0.01
Balance: $0.01
The annual percentage yield (APY) is accurate as of January 8, 2026 and subject to change at the Bank's discretion. Refer to product's website for latest APY rate. Minimum deposit required to open an account is $500 and a minimum balance of $0.01 is required to earn the advertised APY.
Balance: $100,000 and above
- Sep 24, 20263.50%▲ from 2.50%
- Sep 11, 20262.50%first recorded
Balance: $250,000.00 - $499,999.99
Balance: Daily Balances Ofup to $4,999.99
Balance: $5MM and over
Balance: $2,000. - above
Annual Percentage Yield (APY) as of 10-01-2025
Balance: $150,000.00 - $249,999.99
Balance: 0 - $75,000
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.
Gurnee, IL Savings Rate Trends
Compare local Gurnee, IL savings rate quotes against the statewide average
Daily savings rate averages tracked across our database of 8,500+ banks and credit unions, updated every evening.
Illinois high-yield savings rates rose 0.038 points over the past 7 days to 1.919% APY, up from 1.881%.
Illinois standard savings rates fell 0.002 points over the past 7 days to 0.291% APY, down from 0.293%.
Gurnee, Illinois Savings Rate Forecast, Next 12 Months
Savings rates move with Federal Reserve policy. Our model uses the current IL high-yield average and a Fed funds spread to project the likely rate trajectory for 2026 to 2027.
Savings 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 IL high-yield savings average of 1.919% 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 online savings rates tend to adjust faster than standard branch-based savings rates.
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 Gurnee, Illinois.
Savings Account Earnings in Gurnee, Illinois
Annual interest earnings at current IL average APYs, based on the high-yield and standard savings averages tracked in our database. Compounding assumed monthly.
| Balance | HY Savings (1.919% APY) | Monthly Earnings | Standard Savings (0.291% APY) | Monthly Earnings |
|---|---|---|---|---|
| $5,000 | $95.97 / year | $8.00 | $14.55 / year | $1.21 |
| $10,000 | $191.93 / year | $15.99 | $29.10 / year | $2.43 |
| $25,000 | $479.83 / year | $39.99 | $72.75 / year | $6.06 |
| $50,000 | $959.65 / year | $79.97 | $145.50 / year | $12.13 |
| Earnings estimates use daily compounding. Actual earnings depend on exact rate, compounding frequency, and daily balance maintained. Rates are variable and subject to change. Source: Gurnee, Illinois savings rate averages as of October 14, 2026. | ||||
About Our Gurnee, Illinois Savings Rate Database
MonitorBankRates found 10 institutions with branches in Gurnee (5 banks, 5 credit unions), plus 16 additional state-chartered and national online institutions available to Gurnee 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: US Bank offers a savings account at 3.50% APY with a minimum deposit of $25. Use the rate table above to compare all current offers in Gurnee, Illinois.
How to Find the Best Savings Rates in Gurnee, Illinois
What to compare when shopping for a savings account in Gurnee, Illinois
To find the best savings APYs in Gurnee, Illinois, start with credit unions and online-only banks: Gurnee, Illinois has 5 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. APY reflects compounding and is the true measure of what you’ll earn. Savings accounts that compound daily earn slightly more than those compounding monthly at the same stated rate. The current IL high-yield savings average is 1.919% but top local institutions are offering as high as 3.50%, so shopping around pays off.
Unlike a CD, savings account rates are variable. Your rate can change at any time with Federal Reserve policy. Many institutions offer elevated introductory rates that reset after a promotional period. Review your account periodically to ensure your APY remains competitive.
When a High-Yield Savings Account Makes Sense
- Emergency fund: Financial experts recommend 3 to 6 months of expenses in a liquid, FDIC-insured account. Gurnee, Illinois high-yield savings rates currently average 1.919% APY, far above a typical checking account.
- Short-term savings goals (6 to 24 months): If you may need the money soon, a savings account gives you immediate access without early withdrawal penalties.
- Parking cash between investments: A high-yield savings account at Gurnee, Illinois institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 26 institutions in Gurnee, Illinois report savings 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 Gurnee, Illinois CD rates
- You want check-writing flexibility Gurnee, Illinois money market rates
- You need daily transaction access Gurnee, Illinois checking rates
Gurnee, Illinois Financial Snapshot
Local demographics and economic context for savers. Source: U.S. Census Bureau
15.5% of residents are 65 or older, below the national average of 17.3%. At today’s IL high-yield savings average of 1.919%, saving 10% of the local median salary ($5,968/year) would earn an additional $115 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Savings Accounts vs. Other Gurnee, Illinois Options
How high-yield savings accounts compare to other deposit products available at banks and credit unions in Gurnee, Illinois.
| Feature | High-Yield Savings | Standard Savings | Money Market | CD (12-Month) |
|---|---|---|---|---|
| Current IL Avg APY | 1.919% | 0.291% | View MMA Rates | 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 | ✗ No | ✗ No | ✓ Often yes | ✗ No |
| Debit / ATM Card | Some institutions | ✗ Rarely | ✓ Often yes | ✗ No |
| Typical Min Deposit | $0 to $100 | $25 to $100 | $0 to $2,500 | $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 | Emergency fund, short-term goals, parking cash | Everyday saving, low-balance accounts | Active savers wanting flexibility + check writing | Locking in a rate for a defined period |
APY data reflects Gurnee, Illinois 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.
Savings Calculators for Gurnee, Illinois
At IL’s top rate of 3.50% from US Bank, a $10,000 deposit earns $350 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Gurnee, Illinois earner is roughly $14,900. At 1.919% APY, saving $1,240/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. High-Yield SavingsIllinois’s high-yield savings average is 1.919% APY, variable and always accessible. 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 Gurnee, Illinois earner makes $59,684/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 1.919% APY.
Retirement PlannerA $25,000 high-yield savings balance earning 1.919% APY grows to roughly $36,565 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 Gurnee, Illinois savings 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 Savings Rate Data: We aggregate savings account rates for Gurnee, Illinois directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every savings 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 Gurnee, Illinois. We feature a comprehensive mix of institutions, from neighborhood credit unions and competitive regional banks to large national institutions available to savers in IL.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly, every product listed features its own specific “last updated” date, giving you complete transparency.
Frequently Asked Questions about Savings Accounts in Gurnee, Illinois
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Gurnee, Illinois safe?
How often do savings rates change in Gurnee, Illinois?
Do I need a minimum deposit to open a savings account?
What is the difference between a Savings Account and a Money Market Account?
Are online banks better than local banks in Gurnee, Illinois?
How do I open a savings account in Gurnee, Illinois?
Best Savings Rates in Gurnee, Illinois
- US Bank
Bank Smartly Savings Account: 3.50% APY - The Huntington National Bank
Relationship Savings Account - With Huntington Perks Checking: 3.25% APY - Navy Federal Credit Union
Jumbo Money Market Savings Account: 2.15% APY - Advia Credit Union
Health Savings Account (HSA): 2.00% APY - Baxter Credit Union
Rainy Day Savings: 1.90% APY
Gurnee, Illinois Rates & Resources
