The best savings rates for Hoffman Estates, Illinois and the surrounding area include PNC BankPNC Bank1600 W Algonquin Rd, Hoffman Estates, IL 60192A5.0 ★Texas Ratio: 6.83% PNC High Yield SavingsĀ® at 3.25% APY, The Huntington National BankThe Huntington National Bank1485 Palatine Rd, Hoffman Estates, IL 60192A+5.0 ★Texas Ratio: 4.60% High-Yield Savings at 2.98% APY, Barrington Bank & Trust CompanyBarrington Bank & Trust Company2200 W Higgins Rd, Hoffman Estates, IL 60169D3.1 ★Texas Ratio: 38.14% Statement Savings Advanced Special at 2.00% APY, First American BankFirst American Bank395 W Higgins Rd, Hoffman Estates, IL 60169A+5.0 ★Texas Ratio: 1.73% Easy Savings at 0.20% APY, and Fidelity Bank & Trust (IA)Fidelity Bank & Trust (IA)242 Wall St, East Dubuque, IL 61025A+5.0 ★Texas Ratio: 1.72% Snap $tack Savings at 5.12% APY. Savings rates as of March 26, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Hoffman Estates, Illinois, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Hoffman Estates, Illinois (IL) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Hoffman Estates, Illinois and the surrounding area. Last Updated and Verified: March 26, 2026
Minimum of $5,000 not currently deposited at Huntington.
With qualifying activities
Qualifying balance up to $5,000.00
Qualifying balance up to $5,000.00
when you add Direct Deposit to a new or existing Justice Federal Checking Account.
Terms and Conditions apply.
Intro rate subject to change
$250,000.00 - $499,999.99
Daily Balances Of $5,000-$100,000
$150,000.00 - $249,999.99
$50 Minimum (effective 3/01/2025)
$50 Minimum (effective 3/01/2025)
Daily Balances Of up to $4,999.99
Compare local Hoffman Estates, IL savings rate quotes against the statewide average
Weekly savings rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
Illinois high-yield savings rates rose 1.083 points this week to 2.306% APY, up from 1.223% last week.
Illinois standard savings rates fell 0.075 points this week to 0.500% APY, down from 0.575% last week.
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Hoffman Estates, 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 Hoffman Estates, 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.