Saint Cloud, Minnesota Savings Rates - September 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
- Bank & Credit Union Health Safety Ratings
- Bank & Credit Union Star Ratings
- Finance Calculators
The best savings rates for Saint Cloud, Minnesota and the surrounding area include MidCountry BankMidCountry Bank1113 W Saint Germain St, Saint Cloud, MN 56301A+5.0 ★Texas Ratio: 5.95%Real return: +2.20%APY minus 2.8% CPI (February 2026) SmartStart Savings4Me at 5.00% APY, The Huntington National BankThe Huntington National Bank200 25th Ave S, Saint Cloud, MN 56301A5.0 ★Texas Ratio: 6.08%Real return: +0.45%APY minus 2.8% CPI (February 2026) Relationship Savings Account at 3.25% APY, TruStone Financial Credit UnionTruStone Financial Credit Union3240 W Division St, Saint Cloud, MN 56301 3821A+5.0 ★Texas Ratio: 4.88%Real return: +0.20%APY minus 2.8% CPI (February 2026) MoneyWise Primary Share (Youth) at 3.00% APY, Minnwest BankMinnwest Bank3130 2nd St S, Saint Cloud, MN 56301A+5.0 ★Texas Ratio: 5.83%Real return: -2.60%APY minus 2.8% CPI (February 2026) Tiered Savings at 0.20% APY, and Gate City BankGate City Bank1001 4th St Se, Saint Cloud, MN 56304A+5.0 ★Texas Ratio: 5.77%Real return: -2.65%APY minus 2.8% CPI (February 2026) Relationship Savings Account at 0.15% APY.
Saint Cloud has 39 local institutions in our database, with savings rates as high as 5.00% APY from MidCountry Bank at 1113 W Saint Germain St, Saint Cloud, MN 56301. Use the table below to compare all available offers, including options from institutions serving the broader Minnesota area. Rates are continually updated, so 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: September 22, 2026
Compare the Best Savings Rates in Saint Cloud, Minnesota & Surrounding Communities
Balance: $0 - $5,000.00
Balance: $1,000,000 and over
Balance: $1,000,000 and over
Balance: $500,000 - $999,999.99
Balance: $500,000 - $999,999.99
Balance: $5,000.00 to $2,000,000.99; With Huntington Perks Checking**
Balance: $5,000.00 to $2,000,000.99
Published APY range: 2.40%-4.00%; Published rate range: 2.40%-4.00%. Rates based on zip code. Get your variable rate after opening a Huntington Relationship Savings Account when you maintain deposits of $5,000.00 - $2,000,000.99. Balances $2,000,001.00 and above will earn 0.01% (0.01% APY). Balances below $5,000.00 will earn 0.01% (0.01% APY). Avoid a monthly maintenance fee when you have an average daily balance of $2,500 or have an Asterisk-Free Checking , Huntington Perks Checking or Huntington Platinum Perks Checking account; otherwise $10. Initial minimum opening deposit to earn the higher interest rate on the HRSA is $5,000.00 and must be "New Money" which is defined as money that is not currently on deposit in any Huntington account (except maturing CDs).
Published APY range: 2.40%-4.00%; Published rate range: 2.38%-3.94%. Annual percentage yield (APY) and interest rates are accurate as of May 5, 2026. The special interest rate for the Huntington Relationship Savings Account (HRSA) with balances between $5,000.00 to $2,000,000.99 is between 2.38%-3.94% with an APY between 2.40%-4.00% based on your zip code. The interest rate is variable and subject to change at any time. Balances $2,000,001.00 and above will earn 0.01% (0.01% APY). Balances below $5,000.00 will earn 0.01% (0.01% APY). Balances below $2,500 may be subject to a $10.00 per month maintenance fee. Fees may reduce earnings. When your balance falls into a specific rate tier, your entire balance will earn the applicable rate in effect for that tier. For instance, if your balance reaches $2,000,001.00 or more, your entire balance would currently earn 0.01% APY Offer is limited to one per household. We also reserve the right to limit acceptance of deposits greater than
Balance: $5,000 And Greater
Balance: $30,000.01 and up
Balance: $500 - $2,499.99
All balances
All balances
All balances
Balance: $.01 - $499.99
Balance: $0.01 to $4,999.99; With Private Client Account****
When linked to Premier Checking. Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.
Balance: $0 or more
Balance: Up to $1,000
Balance: $10,000 - $24,999.99
Balance: $20,000 and over
Balance: $0 and over
Balance: $0.01 - $50.00
Balance: $5,000.01 and over
Balance: $5,000 - $9,999.99
Balance: $10,000 - $19,999.99
When linked to Prime Checking. Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.
Balance: $0.01 to $4,999.99; With Huntington Perks Checking**
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.
Balance: $0 or more
Balance: $0.01 to $4,999.99
Age: 0-21; Balances above $2,500.00 are paid the standard share savings rate.
Teen Savings Certificate minimum opening balance is $100. Additional deposits can be made up to $8,000 for the Teen Savings. The minimum additional deposit is $100. The Teen Savings matures on the teen's 18th birthday. Any withdrawal prior to maturity will result in a penalty of all dividends earned.
Youth Savings Certificate minimum opening balance is $100. Additional deposits can be made up to $5,000 for the Youth Savings. The minimum additional deposit is $100. The Youth Savings matures on the child's 13th birthday. Any withdrawal prior to maturity will result in a penalty of all dividends earned.
Rates as high as 4.40% APY
Balance: $100,000 - $199,999.99
Balance: For portion of account balance up to $5,000.00
Balance: $75,000 - $99,999.99
Balance: $50,000 - $74,999.99
Balance: $100,000 +
Qualifications Required: Qualifying direct deposits totaling $1,000 every 34 days required to maintain 3.75% APY; New money only. Average daily balance of $10,000 required to obtain 3.50% APY. Qualifying direct deposits totaling $1,000 every 34 days required to maintain 3.75% APY. Dividends credited and compounded monthly.
Balance: $100,000-$250,000
Balance: $1,000,000+; Minimum balance required for Premium Money Market Savings to earn stated rate is $20,000. APY is accurate as of specified date. Rate may change after account is opened.
Balance: $1,000,000.00 and higher
Balance: $750,000 - $999,999.99; Minimum balance required for Premium Money Market Savings to earn stated rate is $20,000. APY is accurate as of specified date. Rate may change after account is opened.
Balance: $5,000,000+
YES (Youth Education Savings) (blended APY .79-3.00%) Rates as high as 3.00% APY $5-$500 balance Rates as high as 0.05% APY Over $500 balance (blended APY .79-3.00%)
Balance: $100,000 and over
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
Daily savings rate averages tracked across our database of 8,500+ banks and credit unions, updated every evening.
Minnesota high-yield savings rates rose 0.091 points over the past 7 days to 1.973% APY, up from 1.882%.
Minnesota standard savings rates fell 0.005 points over the past 7 days to 0.805% APY, down from 0.810%.
Saint Cloud, Minnesota Savings Rate Forecast, Next 12 Months
Savings rates move with Federal Reserve policy. Our model uses the current MN high-yield average and a Fed funds spread to project the likely rate trajectory for 2026–2027.
Savings account rates are variable and move in close correlation with the Federal Reserve’s federal funds rate target. Our 12-month forecast is derived from the current MN high-yield savings average of 1.973% APY and a Fed funds spread model calibrated to the historical relationship between policy rate changes and deposit rate adjustments at banks and credit unions.
Key assumptions: the Federal Reserve holds the federal funds rate at its current level over the next 12 months, with the possibility of one 25 basis point increase; deposit rates at banks and credit unions track policy-rate changes within 60–90 days. High-yield online savings rates tend to adjust faster than standard branch-based savings rates.
Important notice: This forecast is for informational purposes only and should not be used as the sole basis for financial decisions. Rate forecasts carry significant uncertainty. The actual trajectory will depend on Federal Reserve decisions, economic conditions, and competitive dynamics among financial institutions in Saint Cloud, Minnesota.
Savings Account Earnings in Saint Cloud, Minnesota
Annual interest earnings at current MN average APYs, based on the high-yield and standard savings averages tracked in our database. Compounding assumed monthly.
| Balance | HY Savings (1.973% APY) | Monthly Earnings | Standard Savings (0.805% APY) | Monthly Earnings |
|---|---|---|---|---|
| $5,000 | $98.64 / year | $8.22 | $40.27 / year | $3.36 |
| $10,000 | $197.28 / year | $16.44 | $80.54 / year | $6.71 |
| $25,000 | $493.20 / year | $41.10 | $201.35 / year | $16.78 |
| $50,000 | $986.40 / year | $82.20 | $402.70 / year | $33.56 |
| Earnings estimates use daily compounding. Actual earnings depend on exact rate, compounding frequency, and daily balance maintained. Rates are variable and subject to change. Source: Saint Cloud, Minnesota savings rate averages as of September 22, 2026. | ||||
About Our Saint Cloud, Minnesota Savings Rate Database
MonitorBankRates found 7 institutions with branches in Saint Cloud (5 banks, 2 credit unions), plus 9 additional state-chartered and national online institutions available to Saint Cloud residents. Our proprietary aggregation system pulls verified rate data directly from each institution’s official website, no estimates, no national averages passed off as real offers.
Every rate listed includes the institution’s Safety Grade (A+ to F), Star Rating (1–5), and Texas Ratio, objective financial health metrics calculated from FDIC and NCUA regulatory data, so you can compare yield and institutional safety in one place.
Current top rate: MidCountry Bank offers a savings account at 5.00% APY with a minimum deposit of $0. Use the rate table above to compare all current offers in Saint Cloud, Minnesota.
How to Find the Best Savings Rates in Saint Cloud, Minnesota
What to compare when shopping for a savings account in Saint Cloud, Minnesota
To find the best savings APYs in Saint Cloud, Minnesota, start with credit unions and online-only banks: Saint Cloud, Minnesota has 11 credit unions in our database, and they consistently offer some of the highest yields because they are member-owned nonprofits with lower overhead than traditional banks.
Always compare the APY (Annual Percentage Yield), not just the interest rate. APY reflects compounding and is the true measure of what you’ll earn. Savings accounts that compound daily earn slightly more than those compounding monthly at the same stated rate. The current MN high-yield savings average is 1.973% but top local institutions are offering as high as 5.00%, so shopping around pays off.
Unlike a CD, savings account rates are variable. Your rate can change at any time with Federal Reserve policy. Many institutions offer elevated introductory rates that reset after a promotional period. Review your account periodically to ensure your APY remains competitive.
When a High-Yield Savings Account Makes Sense
- Emergency fund: Financial experts recommend 3–6 months of expenses in a liquid, FDIC-insured account. Saint Cloud, Minnesota high-yield savings rates currently average 1.973% APY, far above a typical checking account.
- Short-term savings goals (6–24 months): If you may need the money soon, a savings account gives you immediate access without early withdrawal penalties.
- Parking cash between investments: A high-yield savings account at Saint Cloud, Minnesota institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 16 institutions in Saint Cloud, Minnesota report savings rates to our database.
- No rate lock-in risk: Unlike a CD, your rate moves up with the market if rates rise further.
Consider an Alternative If…
- You want a locked-in, guaranteed return → Saint Cloud, Minnesota CD rates
- You want check-writing flexibility → Saint Cloud, Minnesota money market rates
- You need daily transaction access → Saint Cloud, Minnesota checking rates
Minnesota Financial Snapshot
Local demographics and economic context for savers. Source: U.S. Census Bureau (state-level data shown; city data not available)
17.3% of residents are 65 or older, in line with the national average of 17.3%. At today’s MN high-yield savings average of 1.973%, saving 10% of the local median salary ($5,083/year) would earn an additional $100 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Savings Accounts vs. Other Saint Cloud, Minnesota Options
How high-yield savings accounts compare to other deposit products available at banks and credit unions in Saint Cloud, Minnesota.
| Feature | High-Yield Savings | Standard Savings | Money Market | CD (12-Month) |
|---|---|---|---|---|
| Current MN Avg APY | 1.973% | 0.805% | View MMA Rates | View CD Rates |
| Rate Type | Variable | Variable | Variable | Fixed for term |
| FDIC / NCUA Insured | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K |
| Withdraw Anytime | ✓ Yes | ✓ Yes | ✓ Yes | ✗ Penalty applies |
| Check Writing | ✗ No | ✗ No | ✓ Often yes | ✗ No |
| Debit / ATM Card | Some institutions | ✗ Rarely | ✓ Often yes | ✗ No |
| Typical Min Deposit | $0 – $100 | $25 – $100 | $0 – $2,500 | $500 – $1,000 |
| Rate Risk | Variable, moves with Fed policy | Variable, moves with Fed policy | Variable, moves with Fed policy | None, locked for term |
| Best For | Emergency fund, short-term goals, parking cash | Everyday saving, low-balance accounts | Active savers wanting flexibility + check writing | Locking in a rate for a defined period |
APY data reflects Saint Cloud, Minnesota averages tracked in our database as of September 22, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Savings Calculators for Saint Cloud, Minnesota
At MN’s top rate of 5.00% from MidCountry Bank, a $10,000 deposit earns $500 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Saint Cloud, Minnesota earner is roughly $12,700. At 1.973% APY, saving $1,060/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. High-Yield SavingsMinnesota’s high-yield savings average is 1.973% APY, variable and always accessible. A local CD may offer a higher fixed yield in exchange for locking in your deposit. Compare both side-by-side to find the better fit for your timeline.
Budget CalculatorBefore you can grow your savings, you need to know how much you can set aside each month. The median Saint Cloud, Minnesota earner makes $50,838/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 1.973% APY.
Retirement PlannerA $25,000 high-yield savings balance earning 1.973% APY grows to roughly $36,951 over 20 years with compounding. See how your current savings trajectory lines up with your retirement income needs.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Saint Cloud, Minnesota savings rate tables are free for consumers to use, and we do not receive payment from any financial institution to be included or to be ranked in any particular order. Listings are based solely on the rates each institution publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
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)?
Are savings accounts in Saint Cloud, Minnesota safe?
How often do savings rates change in Saint Cloud, Minnesota?
Do I need a minimum deposit to open a savings account?
What is the difference between a Savings Account and a Money Market Account?
Are online banks better than local banks in Saint Cloud, Minnesota?
How do I open a savings account in Saint Cloud, Minnesota?
Best Savings Rates in Saint Cloud, Minnesota
- MidCountry Bank
SmartStart Savings4Me: 5.00% APY - The Huntington National Bank
Relationship Savings Account: 3.25% APY - TruStone Financial Credit Union
MoneyWise Primary Share (Youth): 3.00% APY - Minnwest Bank
Tiered Savings: 0.20% APY - Gate City Bank
Relationship Savings Account: 0.15% APY
Saint Cloud, Minnesota Rates & Resources
