Saint Cloud, 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 Saint Cloud, Minnesota and the surrounding area include Stearns Bank National AssociationStearns Bank National Association4191 2nd St S, Saint Cloud, MN 56301A5.0 ★Texas Ratio: 10.04% Above the Norm Personal Market Savings at 2.99% APY, The Huntington National BankThe Huntington National Bank200 25th Ave S, Saint Cloud, MN 56301A+5.0 ★Texas Ratio: 4.60% High-Yield Savings at 2.98% APY, TruStone Financial Credit UnionTruStone Financial Credit Union3240 W Division St, Saint Cloud, MN 56301 3821A+5.0 ★Texas Ratio: 5.44% Traditional and Roth IRA Savings at 1.00% APY, Affinity Plus Federal Credit UnionAffinity Plus Federal Credit Union2835 W Saint Germain St Ste 100, Saint Cloud, MN 56301 6282A+5.0 ★Texas Ratio: 5.62% Wincentive® Savings Account at 0.10% APY, and Wells FargoWells Fargo400 1st St S, Saint Cloud, MN 56301A5.0 ★Texas Ratio: 7.44% Retirement High Yield Savings at 0.05% APY. Savings rates as of March 26, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Saint Cloud, 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 Saint Cloud, Minnesota (MN) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Saint Cloud, Minnesota and the surrounding area. Last Updated and Verified: March 26, 2026
Compare the Best Savings Rates in Saint Cloud, Minnesota & Surrounding Communities
Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Stearns Bank National Association
Institution Rating:
A5.0 ★Texas Ratio: 10.04%
4191 2nd St S, Saint Cloud, MN 56301
Above the Norm Personal Market Savings
2.99%
$500,000
▼
Rate0.00%
Min Deposit$500,000
Min Balance—
UpdatedMar 15, 2026
Details
Grow your money
The Huntington National Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.60%
200 25th Ave S, Saint Cloud, MN 56301
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.
Stearns Bank National Association
Institution Rating:
A5.0 ★Texas Ratio: 10.04%
4191 2nd St S, Saint Cloud, MN 56301
Above the Norm Personal Market Savings
1.97%
$100,000
▼
Rate0.00%
Min Deposit$100,000
Min Balance—
UpdatedMar 15, 2026
Details
Grow your money
TruStone Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.44%
3240 W Division St, Saint Cloud, MN 56301 3821
Traditional and Roth IRA Savings
1.00%
$0
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Stearns Bank National Association
Institution Rating:
A5.0 ★Texas Ratio: 10.04%
4191 2nd St S, Saint Cloud, MN 56301
Above the Norm Personal Market Savings
0.85%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details
Grow your money; Qualifying balance up to $99,999.99
TruStone Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.44%
3240 W Division St, Saint Cloud, MN 56301 3821
MoneyWise Primary Share (Youth)
0.30%
$5
▼
Rate0.30%
Min Deposit$5
Min Balance—
UpdatedMar 24, 2026
Details
TruStone Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.44%
3240 W Division St, Saint Cloud, MN 56301 3821
Health Savings Account
0.30%
$0
▼
Rate0.30%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
TruStone Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.44%
3240 W Division St, Saint Cloud, MN 56301 3821
Health Savings Account
0.20%
$0
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
TruStone Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.44%
3240 W Division St, Saint Cloud, MN 56301 3821
Primary Share Savings
0.10%
$5
▼
Rate0.10%
Min Deposit$5
Min Balance—
UpdatedMar 24, 2026
Details
TruStone Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.44%
3240 W Division St, Saint Cloud, MN 56301 3821
Health Savings Account
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%
2835 W Saint Germain St Ste 100, Saint Cloud, MN 56301 6282
Wincentive® Savings Account
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%
2835 W Saint Germain St Ste 100, Saint Cloud, MN 56301 6282
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%
2835 W Saint Germain St Ste 100, Saint Cloud, MN 56301 6282
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%
2835 W Saint Germain St Ste 100, Saint Cloud, MN 56301 6282
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%
2835 W Saint Germain St Ste 100, Saint Cloud, MN 56301 6282
Business Shares
0.10%
$0
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
400 1st St S, Saint Cloud, MN 56301
Retirement High Yield Savings
0.05%
$0
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
400 1st St S, Saint Cloud, MN 56301
Platinum Savings
0.05%
$25
▼
Rate0.05%
Min Deposit$25
Min Balance—
UpdatedMar 22, 2026
Details
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
Minnwest Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.82%
3130 2nd St S, Saint Cloud, MN 56301
Thrift Savings
0.05%
$50
▼
Rate0.05%
Min Deposit$50
Min Balance—
UpdatedMar 20, 2026
Details
MidCountry Bank
Institution Rating:
B+4.8 ★Texas Ratio: 17.71%
1113 W Saint Germain St, Saint Cloud, MN 56301
IRA Savings
0.04%
$10
▼
Rate0.04%
Min Deposit$10
Min Balance—
UpdatedMar 24, 2026
Details
$20,000 and over
MidCountry Bank
Institution Rating:
B+4.8 ★Texas Ratio: 17.71%
1113 W Saint Germain St, Saint Cloud, MN 56301
Health Savings Account (HSA)
0.04%
$0
▼
Rate0.04%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
MidCountry Bank
Institution Rating:
B+4.8 ★Texas Ratio: 17.71%
1113 W Saint Germain St, Saint Cloud, MN 56301
Savings4Business
0.04%
$50
▼
Rate0.04%
Min Deposit$50
Min Balance—
UpdatedMar 24, 2026
Details
MidCountry Bank
Institution Rating:
B+4.8 ★Texas Ratio: 17.71%
1113 W Saint Germain St, Saint Cloud, MN 56301
Savings4Me
0.04%
$50
▼
Rate0.04%
Min Deposit$50
Min Balance—
UpdatedMar 24, 2026
Details
MidCountry Bank
Institution Rating:
B+4.8 ★Texas Ratio: 17.71%
1113 W Saint Germain St, Saint Cloud, MN 56301
Health Savings Account (HSA)
0.03%
$0
▼
Rate0.03%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
MidCountry Bank
Institution Rating:
B+4.8 ★Texas Ratio: 17.71%
1113 W Saint Germain St, Saint Cloud, MN 56301
IRA Savings
0.03%
$10
▼
Rate0.03%
Min Deposit$10
Min Balance—
UpdatedMar 24, 2026
Details
$10,000 - $19,999.99
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
400 1st St S, Saint Cloud, MN 56301
Platinum Savings
0.02%
$25
▼
Rate0.02%
Min Deposit$25
Min Balance—
UpdatedMar 22, 2026
Details
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
MidCountry Bank
Institution Rating:
B+4.8 ★Texas Ratio: 17.71%
1113 W Saint Germain St, Saint Cloud, MN 56301
IRA Savings
0.01%
$10
▼
Rate0.01%
Min Deposit$10
Min Balance—
UpdatedMar 24, 2026
Details
$100 - $9,999.99
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
400 1st St S, Saint Cloud, MN 56301
Platinum Savings
0.01%
$25
▼
Rate0.01%
Min Deposit$25
Min Balance—
UpdatedMar 22, 2026
Details
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
400 1st St S, Saint Cloud, MN 56301
Way2Save® Savings
0.01%
$25
▼
Rate0.01%
Min Deposit$25
Min Balance—
UpdatedMar 22, 2026
Details
$25 minimum opening deposit
MidCountry Bank
Institution Rating:
B+4.8 ★Texas Ratio: 17.71%
1113 W Saint Germain St, Saint Cloud, MN 56301
IRA Savings
0.00%
$10
▼
Rate0.00%
Min Deposit$10
Min Balance—
UpdatedMar 24, 2026
Details
$0 - $99.99
MidCountry Bank
Institution Rating:
B+4.8 ★Texas Ratio: 17.71%
1113 W Saint Germain St, Saint Cloud, MN 56301
Health Savings Account (HSA)
0.00%
$0
▼
Rate0.01%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Fidelity Bank & Trust (IA)
Institution Rating:
A+5.0 ★Texas Ratio: 1.72%
205 Main St, Frost, MN 56033
Snap $tack Savings
5.12%
$1,000
▼
Rate5.00%
Min Deposit$1,000
Min Balance—
UpdatedMar 25, 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
High Yield Youth Savings
5.12%
$0
▼
Rate5.00%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Qualifying balance up to $500.00
PSB of Plainview
Institution Rating:
A+5.0 ★Texas Ratio: 4.73%
100 4th Ave Se, Plainview, MN 55964
Peoples Preferred Savings
5.00%
$25
▼
Rate4.89%
Min Deposit$25
Min Balance—
UpdatedMar 21, 2026
Details
Qualifying balance up to $25,000.00
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
Grand Rapids SB
Institution Rating:
A5.0 ★Texas Ratio: 9.12%
523 Nw 1st Ave, Grand Rapids, MN 55744
Education Savings
4.33%
$0
▼
Rate4.25%
Min Deposit$0
Min Balance—
UpdatedMar 23, 2026
Details
Ultima Bank Minnesota
Institution Rating:
A+5.0 ★Texas Ratio: 4.29%
9 W Minnesota Ave, Winger, MN 56592
SMART Savings
4.32%
$0
▼
Rate4.25%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
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
Drake Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.27%
60 Plato Blvd E, Saint Paul, MN 55107
Little Drake Savings
4.07%
$0
▼
Rate4.00%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
Qualifying balance up to $1,000.00
Drake Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.27%
60 Plato Blvd E, Saint Paul, MN 55107
Investor Savings
3.92%
$0
▼
Rate3.85%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
Pioneer Bank Mapleton, MN
Institution Rating:
A-5.0 ★Texas Ratio: 14.28%
301 Main St E, Mapleton, MN 56065
Platinum Plus Savings
3.82%
$5,000
▼
Rate3.75%
Min Deposit$5,000
Min Balance—
UpdatedMar 25, 2026
Details
$10,000,000 3.00% Under Prime
FSB of Rosemount
Institution Rating:
F2.5 ★Texas Ratio: 45.47%
3025 145th St W, Rosemount, MN 55068
Elite Savings
3.82%
$0
▼
Rate3.75%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
FSB of Rosemount
Institution Rating:
F2.5 ★Texas Ratio: 45.47%
3025 145th St W, Rosemount, MN 55068
Elite Business Savings
3.82%
$0
▼
Rate3.75%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
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
Ultima Bank Minnesota
Institution Rating:
A+5.0 ★Texas Ratio: 4.29%
9 W Minnesota Ave, Winger, MN 56592
UBM Direct Savings
3.75%
$0
▼
Rate3.69%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
MidWestOne Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.78%
1650 Lake St S, Forest Lake, MN 55025
Business High Yield Savings
3.60%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Introductory APY
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
Mid Minnesota Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.30%
13283 Isle Dr, Baxter, MN 56425 8554
High Yield Savings
3.25%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Rates as high as; Qualifying balance up to $199,999.00
Ideal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.40%
8499 Tamarack Rd, Woodbury, MN 55125 9201
High Yield Savings
3.20%
$0
▼
Rate3.15%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Ideal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.40%
8499 Tamarack Rd, Woodbury, MN 55125 9201
High Yield Savings
3.10%
$0
▼
Rate3.05%
Min Deposit$0
Min Balance—
UpdatedMar 20, 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
3.05%
$0
▼
Rate3.02%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Building Trades Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.14%
12080 73rd Ave N, Maple Grove, MN 55369
MONEY MARKET SAVINGS
3.04%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
Mid Minnesota Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.30%
13283 Isle Dr, Baxter, MN 56425 8554
YES (Youth Education Savings)
3.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Rates as high as; Qualifying balance up to $500.00
Mid Minnesota Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.30%
13283 Isle Dr, Baxter, MN 56425 8554
Youth Education Savings (YES) Account
3.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Qualifying balance up to $500.00
Toro Employees Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.15%
8111 Lyndale Ave S, Bloomington, MN 55420
IRA SAVINGS (Traditional, Roth, or Educational)
3.00%
$2,500
▼
Rate2.96%
Min Deposit$2,500
Min Balance—
UpdatedMar 22, 2026
Details
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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.
Saint Cloud, MN Savings Rate Trends
Compare local Saint Cloud, 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%
▼ 0.064 from last week
Minnesota standard savings rates fell 0.064 points this week to 0.409% APY, down from 0.473% 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 Saint Cloud, 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 Saint Cloud, 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 Saint Cloud, 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 Saint Cloud, 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 Saint Cloud, 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 Saint Cloud, 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 Saint Cloud, Minnesota?
Online banks often offer higher APYs because they have lower overhead costs. However, local banks in Saint Cloud, Minnesota offer in-person customer service, which some customers prefer.
How do I open a savings account in Saint Cloud, 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 Saint Cloud, Minnesota
Here are recent savings rates observed in Saint Cloud, Minnesota and the surrounding area:
- Stearns Bank National Association
Above the Norm Personal Market Savings — 2.99% APY - The Huntington National Bank
High-Yield Savings — 2.98% APY - TruStone Financial Credit Union
Traditional and Roth IRA Savings — 1.00% APY - Affinity Plus Federal Credit Union
Wincentive® Savings Account — 0.10% APY - Wells Fargo
Retirement High Yield Savings — 0.05% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Saint Cloud, Minnesota. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 26, 2026
