Illinois Savings Rate Trends
Track current and weekly average savings account APYs across all products in Illinois, view interactive rate trend charts, and compare IL APYs against the national average.
Current Illinois Savings Rate Trends
High-Yield Savings APYs in Illinois rose by +0.061 this week, pushing the current average APY to 3.146%. Savers depositing in IL are now earning more than they would have last week, when the average stood at 3.085%.
At 3.146%, Illinois's High-Yield Savings APY sits +1.098 above the current national average of 2.048%. This above-average spread may reflect more competitive deposit offerings from local banks and credit unions in IL.
The Standard Savings APY in Illinois currently averages 0.871%, compared to 0.869% last week. Savers weighing account type should note that standard savings APYs are typically lower than high-yield offerings but may come with fewer balance requirements or restrictions.
The Illinois savings account rate averages displayed on this page are calculated from 1,199 verified savings rate quotes collected across 226 banks and credit unions actively operating in Illinois. Our proprietary systems collect and verify deposit rates daily — tracking what real licensed institutions are actually offering to depositors, not promotional teaser rates.
Unlike comparison sites that show only a handful of institutions, MonitorBankRates maintains a continuously updated savings account rate database spanning community banks, regional lenders, national institutions, and credit unions across Illinois. This scale allows us to calculate averages that reflect the full deposit landscape — not just the most aggressive advertisers — giving savers, journalists, and financial professionals a more accurate benchmark for what APYs actually look like in IL.
Data reflects average APYs offered by licensed institutions operating in IL. Last Updated: April 17, 2026
Illinois Savings Rate Trends
Weekly average APYs across all savings products. Hover over the chart to see exact APYs for each week.
Illinois savings rate averages compiled from 1,199 current savings rates across 226 banks and credit unions operating in IL — updated daily.
As of Apr 17, 2026 • Data provided by MonitorBankRates.com
For Media, Researchers & Real Estate Professionals
Journalists covering Illinois financial markets, personal finance professionals advising clients on deposit strategy, and academic researchers studying regional banking patterns are welcome to cite and reference this data. All historical IL savings rate data is free to use for editorial, research, and educational purposes.
Please attribute MonitorBankRates.com when referencing our figures in any publication, article, or report — and optionally link to https://monitorbankrates.com/savings-account-rates/illinois/trends. For custom data pulls, contact us here.
