Bemidji, Minnesota (MN) 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 Bemidji, Minnesota and the surrounding area include Ultima Bank MinnesotaUltima Bank Minnesota101 Shevlin Ave Sw, Bemidji, MN 56601A+5.0 ★Texas Ratio: 4.29% SMART Savings at 4.32% APY, Bank ForwardBank Forward700 Paul Bunyan Dr Nw, Bemidji, MN 56601A+5.0 ★Texas Ratio: 1.33% Business Forward Money Market Savings at 2.00% APY, First National Bank of BemidjiFirst National Bank of Bemidji1600 Paul Bunyan Dr Nw, Bemidji, MN 56601A+5.0 ★Texas Ratio: 2.39% Health Savings Accounts at 1.66% APY, Trustar Federal Credit UnionTrustar Federal Credit Union2313 TruStar Ave NW, Bemidji, MN 56601 2193A+5.0 ★Texas Ratio: 3.42% Star Savings at 1.45% APY, and Affinity Plus Federal Credit UnionAffinity Plus Federal Credit Union1500 Birchmont Dr NE Ste 45, Bemidji, MN 56601A+5.0 ★Texas Ratio: 5.62% Business Shares at 0.10% APY. Savings rates as of March 26, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Bemidji, Minnesota, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Bemidji, Minnesota (MN) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Bemidji, Minnesota and the surrounding area. Last Updated and Verified: March 26, 2026
Compare the Best Savings Rates in Bemidji, Minnesota & Surrounding Communities
Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Ultima Bank Minnesota
Institution Rating:
A+5.0 ★Texas Ratio: 4.29%
101 Shevlin Ave Sw, Bemidji, MN 56601
SMART Savings
4.32%
$0
▼
Rate4.25%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Ultima Bank Minnesota
Institution Rating:
A+5.0 ★Texas Ratio: 4.29%
101 Shevlin Ave Sw, Bemidji, MN 56601
UBM Direct Savings
3.75%
$0
▼
Rate3.69%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Ultima Bank Minnesota
Institution Rating:
A+5.0 ★Texas Ratio: 4.29%
101 Shevlin Ave Sw, Bemidji, MN 56601
UBM Direct Savings
2.73%
$0
▼
Rate2.70%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Ultima Bank Minnesota
Institution Rating:
A+5.0 ★Texas Ratio: 4.29%
101 Shevlin Ave Sw, Bemidji, MN 56601
UBM Direct Savings
2.53%
$0
▼
Rate2.50%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Ultima Bank Minnesota
Institution Rating:
A+5.0 ★Texas Ratio: 4.29%
101 Shevlin Ave Sw, Bemidji, MN 56601
UBM Direct Savings
2.32%
$0
▼
Rate2.30%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Bank Forward
Institution Rating:
A+5.0 ★Texas Ratio: 1.33%
700 Paul Bunyan Dr Nw, Bemidji, MN 56601
Business Forward Money Market Savings
2.00%
$0
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
$5,000 minimum opening deposit
Bank Forward
Institution Rating:
A+5.0 ★Texas Ratio: 1.33%
700 Paul Bunyan Dr Nw, Bemidji, MN 56601
Forward Money Market Savings
2.00%
$0
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
$5,000 minimum opening deposit
First National Bank of Bemidji
Institution Rating:
A+5.0 ★Texas Ratio: 2.39%
1600 Paul Bunyan Dr Nw, Bemidji, MN 56601
Health Savings Accounts
1.66%
$0
▼
Rate1.65%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
First National Bank of Bemidji
Institution Rating:
A+5.0 ★Texas Ratio: 2.39%
1600 Paul Bunyan Dr Nw, Bemidji, MN 56601
Health Savings Accounts
1.61%
$0
▼
Rate1.60%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Bank Forward
Institution Rating:
A+5.0 ★Texas Ratio: 1.33%
700 Paul Bunyan Dr Nw, Bemidji, MN 56601
Business Forward Money Market Savings
1.60%
$0
▼
Rate1.59%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
$5,000 minimum opening deposit
Bank Forward
Institution Rating:
A+5.0 ★Texas Ratio: 1.33%
700 Paul Bunyan Dr Nw, Bemidji, MN 56601
Forward Money Market Savings
1.60%
$0
▼
Rate1.59%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
$5,000 minimum opening deposit
First National Bank of Bemidji
Institution Rating:
A+5.0 ★Texas Ratio: 2.39%
1600 Paul Bunyan Dr Nw, Bemidji, MN 56601
Health Savings Accounts
1.56%
$0
▼
Rate1.55%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Bank Forward
Institution Rating:
A+5.0 ★Texas Ratio: 1.33%
700 Paul Bunyan Dr Nw, Bemidji, MN 56601
Business Forward Money Market Savings
1.55%
$0
▼
Rate1.54%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
$5,000 minimum opening deposit
Bank Forward
Institution Rating:
A+5.0 ★Texas Ratio: 1.33%
700 Paul Bunyan Dr Nw, Bemidji, MN 56601
Forward Money Market Savings
1.55%
$0
▼
Rate1.54%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
$5,000 minimum opening deposit
First National Bank of Bemidji
Institution Rating:
A+5.0 ★Texas Ratio: 2.39%
1600 Paul Bunyan Dr Nw, Bemidji, MN 56601
Health Savings Accounts
1.51%
$0
▼
Rate1.50%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Bank Forward
Institution Rating:
A+5.0 ★Texas Ratio: 1.33%
700 Paul Bunyan Dr Nw, Bemidji, MN 56601
IRA Savings Account
1.50%
$0
▼
Rate1.49%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
First National Bank of Bemidji
Institution Rating:
A+5.0 ★Texas Ratio: 2.39%
1600 Paul Bunyan Dr Nw, Bemidji, MN 56601
Health Savings Accounts
1.46%
$0
▼
Rate1.45%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Trustar Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.42%
2313 TruStar Ave NW, Bemidji, MN 56601 2193
Star Savings
1.45%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Trustar Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.42%
2313 TruStar Ave NW, Bemidji, MN 56601 2193
Happy Tracker Share
1.45%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Bank Forward
Institution Rating:
A+5.0 ★Texas Ratio: 1.33%
700 Paul Bunyan Dr Nw, Bemidji, MN 56601
Business Forward Money Market Savings
1.40%
$0
▼
Rate1.39%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
$5,000 minimum opening deposit
Bank Forward
Institution Rating:
A+5.0 ★Texas Ratio: 1.33%
700 Paul Bunyan Dr Nw, Bemidji, MN 56601
Forward Money Market Savings
1.40%
$0
▼
Rate1.39%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
$5,000 minimum opening deposit
Trustar Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.42%
2313 TruStar Ave NW, Bemidji, MN 56601 2193
Regular Shares
1.25%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Trustar Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.42%
2313 TruStar Ave NW, Bemidji, MN 56601 2193
Regular Shares
1.20%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Trustar Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.42%
2313 TruStar Ave NW, Bemidji, MN 56601 2193
Regular Shares
1.10%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Trustar Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.42%
2313 TruStar Ave NW, Bemidji, MN 56601 2193
Regular Shares
1.05%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Bank Forward
Institution Rating:
A+5.0 ★Texas Ratio: 1.33%
700 Paul Bunyan Dr Nw, Bemidji, MN 56601
Business Money Market Savings
1.00%
$0
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
$1,000 minimum opening deposit
Bank Forward
Institution Rating:
A+5.0 ★Texas Ratio: 1.33%
700 Paul Bunyan Dr Nw, Bemidji, MN 56601
Forward Money Market Savings
1.00%
$0
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
$5,000 minimum opening deposit
Bank Forward
Institution Rating:
A+5.0 ★Texas Ratio: 1.33%
700 Paul Bunyan Dr Nw, Bemidji, MN 56601
Money Market Savings
1.00%
$0
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
$1,000 minimum opening deposit
Bank Forward
Institution Rating:
A+5.0 ★Texas Ratio: 1.33%
700 Paul Bunyan Dr Nw, Bemidji, MN 56601
Business Forward Money Market Savings
1.00%
$0
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
$5,000 minimum opening deposit
Trustar Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.42%
2313 TruStar Ave NW, Bemidji, MN 56601 2193
Regular Shares
1.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Trustar Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.42%
2313 TruStar Ave NW, Bemidji, MN 56601 2193
Regular Shares
0.95%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
First National Bank of Bemidji
Institution Rating:
A+5.0 ★Texas Ratio: 2.39%
1600 Paul Bunyan Dr Nw, Bemidji, MN 56601
Statement Savings
0.71%
$0
▼
Rate0.70%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
First National Bank of Bemidji
Institution Rating:
A+5.0 ★Texas Ratio: 2.39%
1600 Paul Bunyan Dr Nw, Bemidji, MN 56601
Young Investors Savings
0.71%
$0
▼
Rate0.70%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Bank Forward
Institution Rating:
A+5.0 ★Texas Ratio: 1.33%
700 Paul Bunyan Dr Nw, Bemidji, MN 56601
Business Money Market Savings
0.70%
$0
▼
Rate0.70%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
$1,000 minimum opening deposit
Bank Forward
Institution Rating:
A+5.0 ★Texas Ratio: 1.33%
700 Paul Bunyan Dr Nw, Bemidji, MN 56601
Money Market Savings
0.70%
$0
▼
Rate0.70%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
$1,000 minimum opening deposit
First National Bank of Bemidji
Institution Rating:
A+5.0 ★Texas Ratio: 2.39%
1600 Paul Bunyan Dr Nw, Bemidji, MN 56601
Thrift Savings
0.60%
$0
▼
Rate0.60%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Bank Forward
Institution Rating:
A+5.0 ★Texas Ratio: 1.33%
700 Paul Bunyan Dr Nw, Bemidji, MN 56601
Money Market Savings
0.60%
$0
▼
Rate0.60%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
$1,000 minimum opening deposit
Bank Forward
Institution Rating:
A+5.0 ★Texas Ratio: 1.33%
700 Paul Bunyan Dr Nw, Bemidji, MN 56601
Business Money Market Savings
0.60%
$0
▼
Rate0.60%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
$1,000 minimum opening deposit
Affinity Plus Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.62%
1500 Birchmont Dr NE Ste 45, Bemidji, MN 56601
Business Shares
0.10%
$0
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Affinity Plus Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.62%
1500 Birchmont Dr NE Ste 45, Bemidji, MN 56601
Business Shares II
0.10%
$0
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Affinity Plus Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.62%
1500 Birchmont Dr NE Ste 45, Bemidji, MN 56601
Membership Savings
0.10%
$0
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
All balances
Affinity Plus Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.62%
1500 Birchmont Dr NE Ste 45, Bemidji, MN 56601
Shares II Savings
0.10%
$0
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
All balances
Affinity Plus Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.62%
1500 Birchmont Dr NE Ste 45, Bemidji, MN 56601
Wincentive® Savings Account
0.10%
$0
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
All balances
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.03%
3300 Central Park Village Dr, Eagan, MN 55121 7707
High Yield Youth Savings
5.12%
$0
▼
Rate5.00%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Qualifying balance up to $500.00
West Metro Schools Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.84%
1001 Highway 7, Hopkins, MN 55305
Holiday Savings
5.00%
$0
▼
Rate5.00%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
max $300 deposit per month
Southpoint Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.84%
920 Main St E, Sleepy Eye, MN 56085 4380
EzMoney Savings
4.07%
$0
▼
Rate4.00%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Qualifying balance up to $5,000.00
Southpoint Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.84%
920 Main St E, Sleepy Eye, MN 56085 4380
EzMoney Savings+
4.07%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Qualifying balance up to $5,000.00
Genisys Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.03%
3300 Central Park Village Dr, Eagan, MN 55121 7707
Business High Yield Savings Account
3.75%
$0
▼
Rate3.69%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Fairmont School Employees Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.99%
110 Eltinge Pl, Fairmont, MN 56031 3423
Share Savings Account
3.50%
$0
▼
Rate3.50%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
At the December board meeting, it was voted by the board to raise our dividend rate to 3.50%.
Mid Minnesota Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.30%
13283 Isle Dr, Baxter, MN 56425 8554
High Yield Savings
3.40%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Mid Minnesota Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.30%
13283 Isle Dr, Baxter, MN 56425 8554
High Yield Savings Account
3.40%
$75,000
▼
Rate0.00%
Min Deposit$75,000
Min Balance—
UpdatedMar 20, 2026
Details
APY accurate as of 1/1/2026 and may change after account opening. Opening balance of High Yield Savings Account is $75,000. High Yield Savings Account (HYSA)
South Metro Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.00%
2573 Credit Union Dr, PRIOR LAKE, MN 55372
Money Market Savings
3.40%
$2,500
▼
Rate3.36%
Min Deposit$2,500
Min Balance—
UpdatedMar 21, 2026
Details
Mayo Employees Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.10%
130 23rd Ave SW, Rochester, MN 55902
Premium Money Market Savings
3.40%
$0
▼
Rate3.36%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Mid Minnesota Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.30%
13283 Isle Dr, Baxter, MN 56425 8554
Estate Savings
3.39%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Rates as high as
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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.
Bemidji, MN Savings Rate Trends
Compare local Bemidji, MN 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 — MN Avg
1.186%
▲ 0.348 from last week
Minnesota high-yield savings rates rose 0.348 points this week to 1.186% APY, up from 0.838% last week.
Standard Savings — MN Avg
0.409%
▼ 0.028 from last week
Minnesota standard savings rates fell 0.028 points this week to 0.409% APY, down from 0.437% last week.
As of Mar 26, 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 Bemidji, Minnesota 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 Bemidji, Minnesota. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in MN.
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 Bemidji, Minnesota
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 Minnesota, help your money grow faster through a higher APY.
Are savings accounts in Bemidji, Minnesota 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 Minnesota up to $250,000 per depositor, per institution.
How often do savings rates change in Bemidji, Minnesota?
Savings rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Minnesota 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 Bemidji, Minnesota 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 Bemidji, Minnesota?
Online banks often offer higher APYs because they have lower overhead costs. However, local banks in Bemidji, Minnesota offer in-person customer service, which some customers prefer.
How do I open a savings account in Bemidji, Minnesota?
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 Bemidji, Minnesota
Here are recent savings rates observed in Bemidji, Minnesota and the surrounding area:
- Ultima Bank Minnesota
SMART Savings — 4.32% APY - Bank Forward
Business Forward Money Market Savings — 2.00% APY - First National Bank of Bemidji
Health Savings Accounts — 1.66% APY - Trustar Federal Credit Union
Star Savings — 1.45% APY - Affinity Plus Federal Credit Union
Business Shares — 0.10% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Bemidji, Minnesota. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 26, 2026
