MonitorBankRates
iAdvertiser Disclosure
Advertiser Disclosure Some institutions listed may have a business relationship with MonitorBankRates. Our proprietary systems independently track and verify all rates. Advertiser relationships do not influence our Safety Ratings, Star Ratings, Texas Ratio calculations, or the rates shown.
Minnesota Savings Rate Trends

Saint Paul, Minnesota (MN) Savings Rates - March 2026

The best savings rates for Saint Paul, Minnesota and the surrounding area include Drake BankDrake Bank60 Plato Blvd E, Saint Paul, MN 55107A+5.0 ★Texas Ratio: 2.27% Little Drake Savings at 4.07% APY, TopLine Financial Credit UnionTopLine Financial Credit Union976 Lexington Pkwy N, Saint Paul, MN 55103A5.0 ★Texas Ratio: 6.64% TopLine Savings at 3.00% APY, Baxter Credit UnionBaxter Credit Union4201 Lexington Ave N, Saint Paul, MN 55126 6164A5.0 ★Texas Ratio: 7.73% SafeGuard Savings, Municipal at 3.00% APY, The Huntington National BankThe Huntington National Bank1988 Suburban Ave, Saint Paul, MN 55119A+5.0 ★Texas Ratio: 4.60% High-Yield Savings at 2.98% APY, and St Paul Federal Credit UnionSt Paul Federal Credit Union1330 Conway St Ste 200, Saint Paul, MN 55106A+5.0 ★Texas Ratio: 0.63% IRA Savings at 1.95% APY. Savings rates as of March 25, 2026 according to verified data from MonitorBankRates.

To see how these savings rates in Saint Paul, 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 Paul, Minnesota (MN) are continually updated — we recommend checking back frequently.

Savings rates reflect recent market quotes and representative offers available to depositors in Saint Paul, Minnesota and the surrounding area. Last Updated and Verified: March 25, 2026

Compare the Best Savings Rates in Saint Paul, Minnesota & Surrounding Communities

Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
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

Drake Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.27%
60 Plato Blvd E, Saint Paul, MN 55107
Investor Savings
3.30%
$0
Rate3.25%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

TopLine Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.64%
976 Lexington Pkwy N, Saint Paul, MN 55103
TopLine Savings
3.00%
$0
Rate2.96%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Baxter Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.73%
4201 Lexington Ave N, Saint Paul, MN 55126 6164
SafeGuard Savings, Municipal
3.00%
$0
Rate2.96%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

Baxter Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.73%
4201 Lexington Ave N, Saint Paul, MN 55126 6164
SafeGuard Savings, Consumer
3.00%
$0
Rate2.96%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

The Huntington National Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.60%
1988 Suburban Ave, Saint Paul, MN 55119
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.

Drake Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.27%
60 Plato Blvd E, Saint Paul, MN 55107
Investor Savings
2.94%
$0
Rate2.90%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

TopLine Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.64%
976 Lexington Pkwy N, Saint Paul, MN 55103
TopLine Savings
2.80%
$0
Rate2.76%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

TopLine Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.64%
976 Lexington Pkwy N, Saint Paul, MN 55103
TopLine Savings
2.60%
$0
Rate2.57%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

TopLine Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.64%
976 Lexington Pkwy N, Saint Paul, MN 55103
TopLine Savings
2.30%
$0
Rate2.28%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Drake Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.27%
60 Plato Blvd E, Saint Paul, MN 55107
Investor Savings
2.28%
$0
Rate2.26%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Drake Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.27%
60 Plato Blvd E, Saint Paul, MN 55107
Investor Savings
2.12%
$0
Rate2.10%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

TopLine Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.64%
976 Lexington Pkwy N, Saint Paul, MN 55103
TopLine Savings
2.05%
$0
Rate2.03%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

St Paul Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.63%
1330 Conway St Ste 200, Saint Paul, MN 55106
IRA Savings
1.95%
$0
Rate1.93%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Baxter Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.73%
4201 Lexington Ave N, Saint Paul, MN 55126 6164
Rainy Day Savings
1.90%
$0
Rate1.88%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

On balances above $25,000 and up to $50,000

St Paul Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.63%
1330 Conway St Ste 200, Saint Paul, MN 55106
IRA Savings
1.85%
$0
Rate1.83%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

TopLine Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.64%
976 Lexington Pkwy N, Saint Paul, MN 55103
TopLine Savings
1.80%
$0
Rate1.78%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

St Paul Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.63%
1330 Conway St Ste 200, Saint Paul, MN 55106
IRA Savings
1.80%
$0
Rate1.79%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

St Paul Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.63%
1330 Conway St Ste 200, Saint Paul, MN 55106
IRA Savings
1.75%
$0
Rate1.74%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

St Paul Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.63%
1330 Conway St Ste 200, Saint Paul, MN 55106
IRA Savings
1.70%
$0
Rate1.69%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Highland Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.01%
2100 Ford Pkwy, Saint Paul, MN 55116
Premier Money Market Savings
1.66%
$0
Rate1.65%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Highland Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.01%
2100 Ford Pkwy, Saint Paul, MN 55116
Premier Money Market Savings
1.61%
$0
Rate1.60%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Highland Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.01%
2100 Ford Pkwy, Saint Paul, MN 55116
Premier Money Market Savings
1.56%
$0
Rate1.55%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Drake Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.27%
60 Plato Blvd E, Saint Paul, MN 55107
Investor Savings
1.51%
$0
Rate1.50%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Highland Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.01%
2100 Ford Pkwy, Saint Paul, MN 55116
Premier Money Market Savings
1.46%
$0
Rate1.45%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Highland Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.01%
2100 Ford Pkwy, Saint Paul, MN 55116
Commercial Money Market Savings
1.46%
$0
Rate1.45%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

$250,000 +

Baxter Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.73%
4201 Lexington Ave N, Saint Paul, MN 55126 6164
Rainy Day Savings
1.40%
$0
Rate1.39%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

On balances up to $25,000

Baxter Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.73%
4201 Lexington Ave N, Saint Paul, MN 55126 6164
SafeGuard Savings, Business
1.40%
$0
Rate1.39%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

Security Bank & Trust Company MN
Institution Rating:
A+5.0 ★Texas Ratio: 5.01%
1048 Meadowlands Dr, Saint Paul, MN 55127
Super Kids Savings
1.38%
$0
Rate1.37%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Security Bank & Trust Company MN
Institution Rating:
A+5.0 ★Texas Ratio: 5.01%
1048 Meadowlands Dr, Saint Paul, MN 55127
Savings
1.38%
$0
Rate1.37%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Highland Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.01%
2100 Ford Pkwy, Saint Paul, MN 55116
Premier Money Market Savings
1.31%
$0
Rate1.30%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Security Bank & Trust Company MN
Institution Rating:
A+5.0 ★Texas Ratio: 5.01%
1048 Meadowlands Dr, Saint Paul, MN 55127
Savings
1.31%
$0
Rate1.30%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Security Bank & Trust Company MN
Institution Rating:
A+5.0 ★Texas Ratio: 5.01%
1048 Meadowlands Dr, Saint Paul, MN 55127
Super Kids Savings
1.31%
$0
Rate1.30%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Highland Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.01%
2100 Ford Pkwy, Saint Paul, MN 55116
IRA Money Market Savings
1.30%
$0
Rate1.30%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

TopLine Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.64%
976 Lexington Pkwy N, Saint Paul, MN 55103
Regular, Roth & Coverdell IRA Money Market Savings
1.20%
$0
Rate1.19%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Highland Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.01%
2100 Ford Pkwy, Saint Paul, MN 55116
IRA Money Market Savings
1.15%
$0
Rate1.15%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Highland Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.01%
2100 Ford Pkwy, Saint Paul, MN 55116
Premier Money Market Savings
1.06%
$0
Rate1.05%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Highland Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.01%
2100 Ford Pkwy, Saint Paul, MN 55116
Commercial Money Market Savings
1.06%
$0
Rate1.05%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

$100,000-$249,999

Farm Credit Employees Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
30 7th St E Ste 265, Saint Paul, MN 55101 4958
Savings
1.00%
$0
Rate1.00%
Min Deposit$0
Min Balance
UpdatedMar 23, 2026
Details

Over $100,000

Security Bank & Trust Company MN
Institution Rating:
A+5.0 ★Texas Ratio: 5.01%
1048 Meadowlands Dr, Saint Paul, MN 55127
Super Kids Savings
1.00%
$0
Rate1.00%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Security Bank & Trust Company MN
Institution Rating:
A+5.0 ★Texas Ratio: 5.01%
1048 Meadowlands Dr, Saint Paul, MN 55127
Savings
1.00%
$0
Rate1.00%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

TruStone Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.44%
757 Cleveland Ave S, Saint Paul, MN 55116
Traditional and Roth IRA Savings
1.00%
$0
Rate1.00%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Highland Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.01%
2100 Ford Pkwy, Saint Paul, MN 55116
Premier Money Market Savings
0.95%
$0
Rate0.95%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Highland Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.01%
2100 Ford Pkwy, Saint Paul, MN 55116
Premier Money Market Savings
0.90%
$0
Rate0.90%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Highland Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.01%
2100 Ford Pkwy, Saint Paul, MN 55116
IRA Money Market Savings
0.90%
$0
Rate0.90%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Highland Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.01%
2100 Ford Pkwy, Saint Paul, MN 55116
Commercial Money Market Savings
0.90%
$0
Rate0.90%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

$50,000-$99,999.99

Security Bank & Trust Company MN
Institution Rating:
A+5.0 ★Texas Ratio: 5.01%
1048 Meadowlands Dr, Saint Paul, MN 55127
Super Kids Savings
0.85%
$0
Rate0.85%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Security Bank & Trust Company MN
Institution Rating:
A+5.0 ★Texas Ratio: 5.01%
1048 Meadowlands Dr, Saint Paul, MN 55127
Savings
0.85%
$0
Rate0.85%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

TopLine Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.64%
976 Lexington Pkwy N, Saint Paul, MN 55103
Regular, Roth & Coverdell IRA Money Market Savings
0.80%
$0
Rate0.80%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Metropolitan Services Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
475 Etna St Ste 10, Saint Paul, MN 55106 5845
WINcentive Savings
0.76%
$0
Rate0.75%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Farm Credit Employees Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
30 7th St E Ste 265, Saint Paul, MN 55101 4958
Savings
0.75%
$0
Rate0.75%
Min Deposit$0
Min Balance
UpdatedMar 23, 2026
Details

$5,001 to $100,000

TopLine Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.64%
976 Lexington Pkwy N, Saint Paul, MN 55103
Regular, Roth & Coverdell IRA Money Market Savings
0.65%
$0
Rate0.65%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

St Paul Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.63%
1330 Conway St Ste 200, Saint Paul, MN 55106
WINcentive Savings Account
0.50%
$0
Rate0.50%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

TopLine Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.64%
976 Lexington Pkwy N, Saint Paul, MN 55103
Regular, Roth & Coverdell IRA Money Market Savings
0.50%
$0
Rate0.50%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

TopLine Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.64%
976 Lexington Pkwy N, Saint Paul, MN 55103
Regular, Roth & Coverdell IRA Money Market Savings
0.45%
$0
Rate0.45%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

TopLine Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.64%
976 Lexington Pkwy N, Saint Paul, MN 55103
Regular, Roth & Coverdell IRA Money Market Savings
0.35%
$0
Rate0.35%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

TruStone Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.44%
757 Cleveland Ave S, Saint Paul, MN 55116
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%
757 Cleveland Ave S, Saint Paul, MN 55116
MoneyWise Primary Share (Youth)
0.30%
$5
Rate0.30%
Min Deposit$5
Min Balance
UpdatedMar 24, 2026
Details

Metropolitan Services Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
475 Etna St Ste 10, Saint Paul, MN 55106 5845
Youth Share Savings
0.21%
$0
Rate0.20%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

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.

Saint Paul, MN Savings Rate Trends

Compare local Saint Paul, 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.

View Full Minnesota Savings Trends →
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 Saint Paul, 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 Paul, 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 Paul, 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 Paul, 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 Paul, 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 Paul, 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 Paul, Minnesota?

Online banks often offer higher APYs because they have lower overhead costs. However, local banks in Saint Paul, Minnesota offer in-person customer service, which some customers prefer.

How do I open a savings account in Saint Paul, 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 Paul, Minnesota

Here are recent savings rates observed in Saint Paul, Minnesota and the surrounding area:
  • Drake Bank
    Little Drake Savings — 4.07% APY
  • TopLine Financial Credit Union
    TopLine Savings — 3.00% APY
  • Baxter Credit Union
    SafeGuard Savings, Municipal — 3.00% APY
  • The Huntington National Bank
    High-Yield Savings — 2.98% APY
  • St Paul Federal Credit Union
    IRA Savings — 1.95% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Saint Paul, Minnesota. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 25, 2026