Indianapolis, Indiana (IN) Savings Rates - March 2026
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The savings 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.
The best savings rates for Indianapolis, Indiana and the surrounding area include Horizon Bank Michigan City, INHorizon Bank Michigan City, IN302 N Alabama St, Indianapolis, IN 46204A+5.0 ★Texas Ratio: 2.79% Business Money Market Savings at 3.65% APY, Indiana University Credit UnionIndiana University Credit Union8936 Southpointe Dr, Indianapolis, IN 46227A+5.0 ★Texas Ratio: 4.09% Business Savings Account at 3.50% APY, USB Union Savings BankUSB Union Savings Bank5881 E 82nd St, Indianapolis, IN 46250A+5.0 ★Texas Ratio: 1.66% Collateral - Statement Savings at 3.25% APY, PNC BankPNC Bank101 W Washington St, Indianapolis, IN 46204A5.0 ★Texas Ratio: 6.83% PNC High Yield Savings® at 3.25% APY, and Centra Credit UnionCentra Credit Union4562 N Shadeland Ave, Indianapolis, IN 46226 3835A5.0 ★Texas Ratio: 7.15% High Interest Money Market Savings at 3.05% APY. Savings rates as of March 27, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Indianapolis, Indiana, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Indianapolis, Indiana (IN) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Indianapolis, Indiana and the surrounding area. Last Updated and Verified: March 27, 2026
Compare the Best Savings Rates in Indianapolis, Indiana & Surrounding Communities
Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Horizon Bank Michigan City, IN
Institution Rating:
A+5.0 ★Texas Ratio: 2.79%
302 N Alabama St, Indianapolis, IN 46204
Business Money Market Savings
3.65%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Indiana University Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.09%
8936 Southpointe Dr, Indianapolis, IN 46227
Business Savings Account
3.50%
$0
▼
Rate3.45%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Indiana University Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.09%
8936 Southpointe Dr, Indianapolis, IN 46227
Share Savings Account
3.50%
$0
▼
Rate3.45%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
USB Union Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.66%
5881 E 82nd St, Indianapolis, IN 46250
Collateral - Statement Savings
3.25%
$0
▼
Rate3.25%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
over current rate account is earning
PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
101 W Washington St, Indianapolis, IN 46204
PNC High Yield Savings®
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.15%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
High Interest Money Market Savings
3.05%
$0
▼
Rate3.01%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.15%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
Business & Public Funds Premium Money Market Savings
3.05%
$0
▼
Rate3.01%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Indiana University Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.09%
8936 Southpointe Dr, Indianapolis, IN 46227
Share Savings Account
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Indiana University Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.09%
8936 Southpointe Dr, Indianapolis, IN 46227
Business Savings Account
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Elements Financial Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.98%
639 S Delaware St, Indianapolis, IN 46225
High Yield Savings
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
The Huntington National Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.60%
45 N Pennsylvania St, Indianapolis, IN 46204
High-Yield Savings
2.98%
$5,000
▼
Rate0.00%
Min Deposit$5,000
Min Balance—
UpdatedMar 20, 2026
Details
Minimum of $5,000 not currently deposited at Huntington.
Elements Financial Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.98%
639 S Delaware St, Indianapolis, IN 46225
High Yield Savings
2.90%
$0
▼
Rate2.86%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.15%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
High Interest Money Market Savings
2.90%
$0
▼
Rate2.86%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.15%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
Business & Public Funds Premium Money Market Savings
2.90%
$0
▼
Rate2.86%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Elements Financial Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.98%
639 S Delaware St, Indianapolis, IN 46225
High Yield Savings
2.70%
$0
▼
Rate2.67%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Indiana University Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.09%
8936 Southpointe Dr, Indianapolis, IN 46227
Share Savings Account
2.50%
$0
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Indiana University Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.09%
8936 Southpointe Dr, Indianapolis, IN 46227
Business Savings Account
2.50%
$0
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Elements Financial Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.98%
639 S Delaware St, Indianapolis, IN 46225
High Yield Savings
2.45%
$0
▼
Rate2.42%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Elements Financial Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.98%
639 S Delaware St, Indianapolis, IN 46225
High Yield Savings
2.20%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Qualifying balance up to $10,000.00
Indiana University Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.09%
8936 Southpointe Dr, Indianapolis, IN 46227
Business Savings Account
2.00%
$0
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Indiana University Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.09%
8936 Southpointe Dr, Indianapolis, IN 46227
Share Savings Account
2.00%
$0
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.15%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
Business & Public Funds Premium Money Market Savings
1.80%
$0
▼
Rate1.79%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.15%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
High Interest Money Market Savings
1.80%
$0
▼
Rate1.79%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Indiana University Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.09%
8936 Southpointe Dr, Indianapolis, IN 46227
Share Savings Account
1.50%
$0
▼
Rate1.49%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Indiana University Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.09%
8936 Southpointe Dr, Indianapolis, IN 46227
Business Savings Account
1.50%
$0
▼
Rate1.49%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.15%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
High Interest Money Market Savings
1.30%
$0
▼
Rate1.29%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.15%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
High Interest Money Market Savings
1.15%
$0
▼
Rate1.14%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.15%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
Business & Public Funds Premium Money Market Savings
1.15%
$0
▼
Rate1.14%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.15%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
Business & Public Funds Premium Money Market Savings
1.10%
$0
▼
Rate1.09%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.15%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
High Interest Money Market Savings
1.10%
$0
▼
Rate1.09%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.15%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
High Interest Money Market Savings
1.05%
$0
▼
Rate1.05%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Elements Financial Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.98%
639 S Delaware St, Indianapolis, IN 46225
Helium Savings
1.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Qualifying balance up to $2,500.00
Centra Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.15%
4562 N Shadeland Ave, Indianapolis, IN 46226 3835
Money Market & Classic Plus Savings
0.85%
$0
▼
Rate0.85%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
FedEx Employees Credit Association Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.11%
6311 Airway Dr Ste 100, Indianapolis, IN 46241 6400
Roth IRA Share
0.75%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 23, 2026
Details
Citizens Bank Mooresville, IN
Institution Rating:
A+5.0 ★Texas Ratio: 0.28%
2334 E County Line Rd, Indianapolis, IN 46227
Health Savings Account
0.50%
$0
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Citizens Bank Mooresville, IN
Institution Rating:
A+5.0 ★Texas Ratio: 0.28%
2334 E County Line Rd, Indianapolis, IN 46227
Premium Rate Plus Savings
0.50%
$1,000
▼
Rate0.50%
Min Deposit$1,000
Min Balance—
UpdatedMar 25, 2026
Details
Citizens Bank Mooresville, IN
Institution Rating:
A+5.0 ★Texas Ratio: 0.28%
2334 E County Line Rd, Indianapolis, IN 46227
Money Market Savings
0.40%
$50
▼
Rate0.40%
Min Deposit$50
Min Balance—
UpdatedMar 25, 2026
Details
Citizens Bank Mooresville, IN
Institution Rating:
A+5.0 ★Texas Ratio: 0.28%
2334 E County Line Rd, Indianapolis, IN 46227
Premium Rate Plus Savings
0.40%
$1,000
▼
Rate0.40%
Min Deposit$1,000
Min Balance—
UpdatedMar 25, 2026
Details
Citizens Bank Mooresville, IN
Institution Rating:
A+5.0 ★Texas Ratio: 0.28%
2334 E County Line Rd, Indianapolis, IN 46227
Regular Savings
0.40%
$25
▼
Rate0.40%
Min Deposit$25
Min Balance—
UpdatedMar 25, 2026
Details
Lake City Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.11%
100 W 96th St, Indianapolis, IN 46260
Rewards Savings
0.36%
$25
▼
Rate0.00%
Min Deposit$25
Min Balance—
UpdatedMar 27, 2026
Details
Rewards Checking account required; Qualifying balance up to $50,000
Lake City Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.11%
100 W 96th St, Indianapolis, IN 46260
Rewards Savings
0.26%
$25
▼
Rate0.00%
Min Deposit$25
Min Balance—
UpdatedMar 27, 2026
Details
Rewards Checking account required; Qualifying balance up to $50,000
Citizens Bank Mooresville, IN
Institution Rating:
A+5.0 ★Texas Ratio: 0.28%
2334 E County Line Rd, Indianapolis, IN 46227
Regular Savings
0.25%
$25
▼
Rate0.25%
Min Deposit$25
Min Balance—
UpdatedMar 25, 2026
Details
Citizens Bank Mooresville, IN
Institution Rating:
A+5.0 ★Texas Ratio: 0.28%
2334 E County Line Rd, Indianapolis, IN 46227
Premium Rate Plus Savings
0.25%
$1,000
▼
Rate0.25%
Min Deposit$1,000
Min Balance—
UpdatedMar 25, 2026
Details
Citizens Bank Mooresville, IN
Institution Rating:
A+5.0 ★Texas Ratio: 0.28%
2334 E County Line Rd, Indianapolis, IN 46227
Money Market Savings
0.25%
$50
▼
Rate0.25%
Min Deposit$50
Min Balance—
UpdatedMar 25, 2026
Details
Lake City Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.11%
100 W 96th St, Indianapolis, IN 46260
Rewards Savings
0.16%
$25
▼
Rate0.00%
Min Deposit$25
Min Balance—
UpdatedMar 27, 2026
Details
Rewards Checking account required
Citizens Bank Mooresville, IN
Institution Rating:
A+5.0 ★Texas Ratio: 0.28%
2334 E County Line Rd, Indianapolis, IN 46227
Health Savings Account
0.10%
$0
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
STAR Financial Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.20%
9165 E 56th St, Indianapolis, IN 46216
College Bound Savings
0.10%
$0
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details
Citizens Bank Mooresville, IN
Institution Rating:
A+5.0 ★Texas Ratio: 0.28%
2334 E County Line Rd, Indianapolis, IN 46227
Money Market Savings
0.05%
$50
▼
Rate0.05%
Min Deposit$50
Min Balance—
UpdatedMar 25, 2026
Details
Citizens Bank Mooresville, IN
Institution Rating:
A+5.0 ★Texas Ratio: 0.28%
2334 E County Line Rd, Indianapolis, IN 46227
Premium Rate Plus Savings
0.05%
$1,000
▼
Rate0.05%
Min Deposit$1,000
Min Balance—
UpdatedMar 25, 2026
Details
Citizens Bank Mooresville, IN
Institution Rating:
A+5.0 ★Texas Ratio: 0.28%
2334 E County Line Rd, Indianapolis, IN 46227
Regular Savings
0.05%
$25
▼
Rate0.05%
Min Deposit$25
Min Balance—
UpdatedMar 25, 2026
Details
PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
101 W Washington St, Indianapolis, IN 46204
Standard Savings
0.03%
$0
▼
Rate0.03%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
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MonitorBankRates
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.
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.
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.
Indianapolis, IN Savings Rate Trends
Compare local Indianapolis, IN 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.
High-Yield Savings — IN Avg
1.118%
▼ 0.433 from last week
Indiana high-yield savings rates fell 0.433 points this week to 1.118% APY, down from 1.551% last week.
Standard Savings — IN Avg
0.402%
▲ 0.306 from last week
Indiana standard savings rates rose 0.306 points this week to 0.402% APY, up from 0.096% last week.
As of Mar 27, 2026 •
Rate data sourced from 8,500+ monitored institutions
Powered by MonitorBankRates
Methodology & Data Sources
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Indianapolis, Indiana 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 Indianapolis, Indiana. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in IN.
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 Indianapolis, Indiana
What is a High-Yield Savings Account (HYSA)?
A High-Yield Savings Account (HYSA) typically pays significantly higher interest than standard accounts at national brick-and-mortar banks. These accounts, often found at online banks or local credit unions in Indiana, help your money grow faster through a higher APY.
Are savings accounts in Indianapolis, Indiana 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 Indiana up to $250,000 per depositor, per institution.
How often do savings rates change in Indianapolis, Indiana?
Savings rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Indiana rate tables daily to ensure you see the most current high-yield options.
Do I need a minimum deposit to open a savings account?
It depends on the bank. Many online high-yield savings accounts have no minimum deposit requirement, while some traditional banks in Indianapolis, Indiana may require $25–$100 to open an account.
What is the difference between a Savings Account and a Money Market Account?
Both pay interest and are federally insured. Money Market Accounts (MMAs) often come with check-writing privileges or a debit card, making them more flexible, whereas standard savings accounts typically do not.
Are online banks better than local banks in Indianapolis, Indiana?
Online banks often offer higher APYs because they have lower overhead costs. However, local banks in Indianapolis, Indiana offer in-person customer service, which some customers prefer.
How do I open a savings account in Indianapolis, Indiana?
You can open a savings account online or in-person. You will generally need a government-issued ID, your Social Security number, and an initial deposit to get started.
Best Savings Rates in Indianapolis, Indiana
Here are recent savings rates observed in Indianapolis, Indiana and the surrounding area:
- Horizon Bank Michigan City, IN
Business Money Market Savings — 3.65% APY - Indiana University Credit Union
Business Savings Account — 3.50% APY - USB Union Savings Bank
Collateral - Statement Savings — 3.25% APY - PNC Bank
PNC High Yield Savings® — 3.25% APY - Centra Credit Union
High Interest Money Market Savings — 3.05% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Indianapolis, Indiana. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 27, 2026
