The best savings rates for Duluth, Minnesota and the surrounding area include Bell BankBell Bank201 E Superior St, Duluth, MN 55802A+5.0 ★Texas Ratio: 2.41% IRA Variable Rate Savings at 3.56% APY, The Huntington National BankThe Huntington National Bank1208 Kirby Dr, Duluth, MN 55812A+5.0 ★Texas Ratio: 4.60% High-Yield Savings at 3.55% APY, Baxter Credit UnionBaxter Credit Union4316 Rice Lake Rd, Duluth, MN 55811A5.0 ★Texas Ratio: 7.73% SafeGuard Savings, Municipal at 3.00% APY, Members Cooperative Credit UnionMembers Cooperative Credit Union215 N 40th Ave W, Duluth, MN 55807A5.0 ★Texas Ratio: 12.23% Boosted Savings at 2.00% APY, and Minnesota Power Employees Credit UnionMinnesota Power Employees Credit Union30 W Superior St Ste 126, Duluth, MN 55802 2191A+5.0 ★Texas Ratio: 2.03% Star Tiered Savings at 1.20% APY. Savings rates as of March 27, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Duluth, 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 Duluth, Minnesota (MN) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Duluth, Minnesota and the surrounding area. Last Updated and Verified: March 27, 2026
Minimum of $5,000 not currently deposited at Huntington.
Minimum of $5,000 not currently deposited at Huntington.
As high as
On balances above $25,000 and up to $50,000
On balances up to $25,000
All balances
All balances
All balances
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
$25 minimum opening deposit
Qualifying balance up to $5,000.00
Qualifying balance up to $25,000.00
Qualifying balance up to $1,000.00
$10,000,000 3.00% Under Prime
Introductory APY
Compare local Duluth, 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.
Minnesota high-yield savings rates rose 0.348 points this week to 1.186% APY, up from 0.838% last week.
Minnesota standard savings rates fell 0.064 points this week to 0.409% APY, down from 0.473% last week.
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Duluth, 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 Duluth, 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.