Royal Oak, Michigan (MI) 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 Royal Oak, Michigan and the surrounding area include Genisys Credit UnionGenisys Credit Union530 N Main St, Royal Oak, MI 48067 1815A+5.0 ★Texas Ratio: 5.03% High Yield Youth Savings at 5.12% APY, The Huntington National BankThe Huntington National Bank800 S Main St, Royal Oak, MI 48067A+5.0 ★Texas Ratio: 4.60% High-Yield Savings at 3.55% APY, PNC BankPNC Bank202 S Lafayette Ave, Royal Oak, MI 48067A5.0 ★Texas Ratio: 6.83% PNC High Yield Savings® at 3.25% APY, Vibe Credit UnionVibe Credit Union501 S Main St, Royal Oak, MI 48067A+5.0 ★Texas Ratio: 5.71% Youth High Yield Savings Accounts at 3.04% APY, and Michigan Schools And Government Credit UnionMichigan Schools And Government Credit Union31805 Woodward Ave, Royal Oak, MI 48073 0938A+5.0 ★Texas Ratio: 3.83% Gold Savings Account at 2.15% APY. Savings rates as of March 27, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Royal Oak, 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 Royal Oak, Michigan (MI) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Royal Oak, Michigan and the surrounding area. Last Updated and Verified: March 27, 2026
Compare the Best Savings Rates in Royal Oak, Michigan & Surrounding Communities
Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.03%
530 N Main St, Royal Oak, MI 48067 1815
High Yield Youth Savings
5.12%
$0
▼
Rate5.00%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Qualifying balance up to $500.00
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.03%
530 N Main St, Royal Oak, MI 48067 1815
Business High Yield Savings Account
3.75%
$0
▼
Rate3.69%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
The Huntington National Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.60%
800 S Main St, Royal Oak, MI 48067
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%
202 S Lafayette Ave, Royal Oak, MI 48067
PNC High Yield Savings®
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Vibe Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.71%
501 S Main St, Royal Oak, MI 48067
Youth High Yield Savings Accounts
3.04%
$0
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Balances $0-$2,499.99
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.03%
530 N Main St, Royal Oak, MI 48067 1815
Business High Yield Savings Account
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
The Huntington National Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.60%
800 S Main St, Royal Oak, MI 48067
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.
Michigan Schools And Government Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.83%
31805 Woodward Ave, Royal Oak, MI 48073 0938
Gold Savings Account
2.15%
$0
▼
Rate2.13%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Michigan Schools And Government Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.83%
31805 Woodward Ave, Royal Oak, MI 48073 0938
Gold Savings Account
2.05%
$0
▼
Rate2.03%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Vibe Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.71%
501 S Main St, Royal Oak, MI 48067
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%
501 S Main St, Royal Oak, MI 48067
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%
501 S Main St, Royal Oak, MI 48067
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%
501 S Main St, Royal Oak, MI 48067
Business High Yield Savings Accounts
2.02%
$0
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Michigan Schools And Government Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.83%
31805 Woodward Ave, Royal Oak, MI 48073 0938
Gold Savings Account
1.45%
$0
▼
Rate1.44%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Michigan Schools And Government Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.83%
31805 Woodward Ave, Royal Oak, MI 48073 0938
Gold Savings Account
1.00%
$0
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Michigan Schools And Government Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.83%
31805 Woodward Ave, Royal Oak, MI 48073 0938
Silver Savings Account
0.80%
$0
▼
Rate0.80%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Vibe Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.71%
501 S Main St, Royal Oak, MI 48067
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%
501 S Main St, Royal Oak, MI 48067
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%
501 S Main St, Royal Oak, MI 48067
Business MMA
0.75%
$0
▼
Rate0.75%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Vibe Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.71%
501 S Main St, Royal Oak, MI 48067
FU$E MMA
0.65%
$0
▼
Rate0.65%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Michigan Schools And Government Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.83%
31805 Woodward Ave, Royal Oak, MI 48073 0938
Silver Savings Account
0.65%
$0
▼
Rate0.65%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Vibe Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.71%
501 S Main St, Royal Oak, MI 48067
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%
501 S Main St, Royal Oak, MI 48067
Business MMA
0.60%
$0
▼
Rate0.60%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Michigan Schools And Government Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.83%
31805 Woodward Ave, Royal Oak, MI 48073 0938
Silver Savings Account
0.60%
$0
▼
Rate0.60%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Vibe Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.71%
501 S Main St, Royal Oak, MI 48067
Business MMA
0.55%
$0
▼
Rate0.55%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Community Choice Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.03%
1740 Crooks Rd, Royal Oak, MI 48067
Choice Savings
0.50%
$0
▼
Rate0.49%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Michigan Schools And Government Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.83%
31805 Woodward Ave, Royal Oak, MI 48073 0938
Silver Savings Account
0.50%
$0
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.03%
530 N Main St, Royal Oak, MI 48067 1815
Health Savings Accounts (HSA)
0.50%
$0
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Vibe Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.71%
501 S Main St, Royal Oak, MI 48067
FU$E MMA
0.50%
$0
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Vibe Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.71%
501 S Main St, Royal Oak, MI 48067
FU$E MMA
0.40%
$0
▼
Rate0.40%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Community Choice Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.03%
1740 Crooks Rd, Royal Oak, MI 48067
Choice Savings
0.40%
$0
▼
Rate0.39%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Michigan Schools And Government Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.83%
31805 Woodward Ave, Royal Oak, MI 48073 0938
Silver Savings Account
0.35%
$0
▼
Rate0.35%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Vibe Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.71%
501 S Main St, Royal Oak, MI 48067
Business MMA
0.35%
$0
▼
Rate0.35%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
202 S Lafayette Ave, Royal Oak, MI 48067
Standard Savings
0.03%
$0
▼
Rate0.03%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
202 S Lafayette Ave, Royal Oak, MI 48067
Standard Savings
0.02%
$0
▼
Rate0.02%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Sterling Bank and Trust, FSB
Institution Rating:
A+5.0 ★Texas Ratio: 2.04%
1 Towne Sq, Southfield, MI 48076
EverBank Performance Savings
3.90%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details
New account APY3; This account is not available to open through our financial centers; it can only be opened online or by calling our client solutions team.
Highpoint Community Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.97%
435 Arlington St, Middleville, MI 49333
High Yield Savings
3.75%
$0
▼
Rate3.70%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Horizon Bank Michigan City, IN
Institution Rating:
A+5.0 ★Texas Ratio: 2.79%
220 S Main St, Standish, MI 48658
Business Money Market Savings
3.65%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
DOW
Institution Rating:
A+5.0 ★
600 E Lyon Rd, Midland, MI 48640 5396
Simple High Yield Savings
3.51%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 23, 2026
Details
Qualifying balance up to $499,999.99
AAA Federal Savings Bank
Institution Rating:
A5.0 ★Texas Ratio: 7.41%
1 Auto Club Dr, Dearborn, MI 48126
Triple Advantage Savings
3.40%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 24, 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.
Royal Oak, MI Savings Rate Trends
Compare local Royal Oak, 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.
High-Yield Savings — MI Avg
2.720%
▲ 0.821 from last week
Michigan high-yield savings rates rose 0.821 points this week to 2.720% APY, up from 1.899% last week.
Standard Savings — MI Avg
0.670%
▲ 0.527 from last week
Michigan standard savings rates rose 0.527 points this week to 0.670% APY, up from 0.144% 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 Royal Oak, 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 Royal Oak, 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 Royal Oak, 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 Royal Oak, 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 Royal Oak, 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 Royal Oak, 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 Royal Oak, Michigan?
Online banks often offer higher APYs because they have lower overhead costs. However, local banks in Royal Oak, Michigan offer in-person customer service, which some customers prefer.
How do I open a savings account in Royal Oak, 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 Royal Oak, Michigan
Here are recent savings rates observed in Royal Oak, Michigan and the surrounding area:
- Genisys Credit Union
High Yield Youth Savings — 5.12% APY - The Huntington National Bank
High-Yield Savings — 3.55% APY - PNC Bank
PNC High Yield Savings® — 3.25% APY - Vibe Credit Union
Youth High Yield Savings Accounts — 3.04% APY - Michigan Schools And Government Credit Union
Gold Savings Account — 2.15% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Royal Oak, Michigan. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 27, 2026
