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Michigan Savings Rate Trends

Livonia, Michigan (MI) Savings Rates - March 2026

The best savings rates for Livonia, Michigan and the surrounding area include Community Financial Credit Union Plymouth, MICommunity Financial Credit Union Plymouth, MI34000 7 Mile Rd, LIVONIA, MI 48152A5.0 ★Texas Ratio: 8.20% High Yield Savings at 10.00% APY, TRUE Community Credit UnionTRUE Community Credit Union36525 Plymouth Rd, Livonia, MI 48150A5.0 ★Texas Ratio: 11.15% Business High Yield Savings at 3.75% APY, The Huntington National BankThe Huntington National Bank33200 Plymouth Rd, Livonia, MI 48150A+5.0 ★Texas Ratio: 4.60% High-Yield Savings at 3.55% APY, PNC BankPNC Bank33543 8 Mile Rd, Livonia, MI 48152A5.0 ★Texas Ratio: 6.83% PNC High Yield SavingsĀ® at 3.25% APY, and Vibe Credit UnionVibe Credit Union16825 Middlebelt Rd, Livonia, MI 48154 3317A+5.0 ★Texas Ratio: 5.71% Youth High Yield Savings Accounts at 3.04% APY. Savings rates as of March 28, 2026 according to verified data from MonitorBankRates.

To see how these savings rates in Livonia, Michigan, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Livonia, Michigan (MI) are continually updated — we recommend checking back frequently.

Savings rates reflect recent market quotes and representative offers available to depositors in Livonia, Michigan and the surrounding area. Last Updated and Verified: March 28, 2026

Compare the Best Savings Rates in Livonia, Michigan & Surrounding Communities

Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Community Financial Credit Union Plymouth, MI
Institution Rating:
A5.0 ★Texas Ratio: 8.20%
34000 7 Mile Rd, LIVONIA, MI 48152
High Yield Savings
10.00%
$5
Rate0.00%
Min Deposit$5
Min Balance
UpdatedMar 25, 2026
Details

Qualifying balance up to $1,000.00

TRUE Community Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.15%
36525 Plymouth Rd, Livonia, MI 48150
Business High Yield Savings
3.75%
$0
Rate3.68%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

The Huntington National Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.60%
33200 Plymouth Rd, Livonia, MI 48150
High-Yield Savings
3.55%
$5,000
Rate0.00%
Min Deposit$5,000
Min Balance
UpdatedMar 27, 2026
Details

Minimum of $5,000 not currently deposited at Huntington.

PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
33543 8 Mile Rd, Livonia, MI 48152
PNC High Yield SavingsĀ®
3.25%
$0
Rate3.20%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

TRUE Community Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.15%
36525 Plymouth Rd, Livonia, MI 48150
High-Yield Savings Account
3.25%
$0
Rate3.20%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Vibe Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.71%
16825 Middlebelt Rd, Livonia, MI 48154 3317
Youth High Yield Savings Accounts
3.04%
$0
Rate3.00%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Balances $0-$2,499.99

Dfcu Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.05%
37373 7 Mile Rd, Livonia, MI 48152 1114
Business Savings
3.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.47%
19025 Newburgh Rd, Livonia, MI 48152
Kids Club Savings
3.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 27, 2026
Details

Qualifying balance up to $1,000

TRUE Community Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.15%
36525 Plymouth Rd, Livonia, MI 48150
Business High Yield Savings
3.00%
$0
Rate2.96%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

The Huntington National Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.60%
33200 Plymouth Rd, Livonia, MI 48150
High-Yield Savings
2.98%
$5,000
Rate0.00%
Min Deposit$5,000
Min Balance
UpdatedMar 27, 2026
Details

Minimum of $5,000 not currently deposited at Huntington.

Dfcu Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.05%
37373 7 Mile Rd, Livonia, MI 48152 1114
Business Savings
2.75%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

Dfcu Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.05%
37373 7 Mile Rd, Livonia, MI 48152 1114
Business Savings
2.50%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

Michigan Schools And Government Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.83%
20595 Farmington Rd, Livonia, MI 48152
Gold Savings Account
2.15%
$0
Rate2.13%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

$200,000 and higher

Michigan Schools And Government Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.83%
20595 Farmington Rd, Livonia, MI 48152
Gold Savings Account
2.05%
$0
Rate2.03%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

$100,000 - $199,999

Vibe Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.71%
16825 Middlebelt Rd, Livonia, MI 48154 3317
High-Yield Savings
2.02%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Vibe Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.71%
16825 Middlebelt Rd, Livonia, MI 48154 3317
High Yield Savings Accounts
2.02%
$0
Rate2.00%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Vibe Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.71%
16825 Middlebelt Rd, Livonia, MI 48154 3317
High Yield Savings Account
2.02%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Vibe Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.71%
16825 Middlebelt Rd, Livonia, MI 48154 3317
Business High Yield Savings Accounts
2.02%
$0
Rate2.00%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Dfcu Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.05%
37373 7 Mile Rd, Livonia, MI 48152 1114
Business Savings
2.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

Dfcu Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.05%
37373 7 Mile Rd, Livonia, MI 48152 1114
Business Savings
1.50%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

Michigan Schools And Government Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.83%
20595 Farmington Rd, Livonia, MI 48152
Gold Savings Account
1.45%
$0
Rate1.44%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

$75,000 - $99,999

LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.47%
19025 Newburgh Rd, Livonia, MI 48152
Health Savings Account
1.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 27, 2026
Details

Michigan Schools And Government Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.83%
20595 Farmington Rd, Livonia, MI 48152
Gold Savings Account
1.00%
$0
Rate1.00%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

$50,000 - $74,999

Michigan Schools And Government Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.83%
20595 Farmington Rd, Livonia, MI 48152
Silver Savings Account
0.80%
$0
Rate0.80%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

Zeal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.08%
17250 Newburgh Rd, Livonia, MI 48152 2618
Ultra Savings
0.80%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Michigan Columbus Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.52%
30419 6 Mile Rd, Livonia, MI 48152 3460
High Yield Savings
0.75%
$2,000
Rate0.75%
Min Deposit$2,000
Min Balance
UpdatedMar 27, 2026
Details

$100,000+

Vibe Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.71%
16825 Middlebelt Rd, Livonia, MI 48154 3317
Business High Yield Savings Accounts
0.75%
$0
Rate0.75%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Vibe Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.71%
16825 Middlebelt Rd, Livonia, MI 48154 3317
Business MMA
0.75%
$0
Rate0.75%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Vibe Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.71%
16825 Middlebelt Rd, Livonia, MI 48154 3317
High Yield Savings Accounts
0.75%
$0
Rate0.75%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Zeal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.08%
17250 Newburgh Rd, Livonia, MI 48152 2618
Ultra Savings
0.70%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Michigan Columbus Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.52%
30419 6 Mile Rd, Livonia, MI 48152 3460
High Yield Savings
0.65%
$2,000
Rate0.65%
Min Deposit$2,000
Min Balance
UpdatedMar 27, 2026
Details

$50,000 - $99,999.99

Vibe Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.71%
16825 Middlebelt Rd, Livonia, MI 48154 3317
Business MMA
0.65%
$0
Rate0.65%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Vibe Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.71%
16825 Middlebelt Rd, Livonia, MI 48154 3317
FU$E MMA
0.65%
$0
Rate0.65%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
33543 8 Mile Rd, Livonia, MI 48152
Standard Savings
0.03%
$0
Rate0.03%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
33543 8 Mile Rd, Livonia, MI 48152
Standard Savings
0.02%
$0
Rate0.02%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

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.

Livonia, MI Savings Rate Trends

Compare local Livonia, MI 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.

View Full Michigan Savings Trends →
High-Yield Savings — MI Avg
2.945%
▲ 1.268 from last week

Michigan high-yield savings rates rose 1.268 points this week to 2.945% APY, up from 1.677% last week.

Standard Savings — MI Avg
0.663%
▲ 0.462 from last week

Michigan standard savings rates rose 0.462 points this week to 0.663% APY, up from 0.201% last week.

As of Mar 29, 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 Livonia, Michigan 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 Livonia, Michigan. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in MI.

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 Livonia, Michigan

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 Michigan, help your money grow faster through a higher APY.

Are savings accounts in Livonia, Michigan 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 Michigan up to $250,000 per depositor, per institution.

How often do savings rates change in Livonia, Michigan?

Savings rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Michigan 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 Livonia, Michigan 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 Livonia, Michigan?

Online banks often offer higher APYs because they have lower overhead costs. However, local banks in Livonia, Michigan offer in-person customer service, which some customers prefer.

How do I open a savings account in Livonia, Michigan?

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 Livonia, Michigan

Here are recent savings rates observed in Livonia, Michigan and the surrounding area:
  • Community Financial Credit Union Plymouth, MI
    High Yield Savings — 10.00% APY
  • TRUE Community Credit Union
    Business High Yield Savings — 3.75% APY
  • The Huntington National Bank
    High-Yield Savings — 3.55% APY
  • PNC Bank
    PNC High Yield SavingsĀ® — 3.25% APY
  • Vibe Credit Union
    Youth High Yield Savings Accounts — 3.04% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Livonia, Michigan. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 28, 2026