The best savings rates for Madison, South Dakota and the surrounding area include First Premier BankFirst Premier Bank202 Nw 2nd St, Madison, SD 57042A+5.0 ★Texas Ratio: 0.54% PREMIER Kids Club Savings Account at 1.81% APY, East River Federal Credit UnionEast River Federal Credit Union220 S Harth Ave, Madison, SD 57042 2916A+5.0 ★Texas Ratio: 3.86% Health Savings Account at 0.30% APY, Dakotaland Federal Credit UnionDakotaland Federal Credit Union1004 S Washington Ave, Madison, SD 57042A+5.0 ★Texas Ratio: 3.55% Regular Share Savings at 0.10% APY, Wells FargoWells Fargo200 W Base St, Madison, FL 32340A5.0 ★Texas Ratio: 7.44% Retirement High Yield Savings at 0.05% APY, and First Bank & TrustFirst Bank & Trust120 N Egan Ave, Madison, SD 57042A+5.0 ★Texas Ratio: 3.81% Kids & Coins Club Savings at 0.05% APY. Savings rates as of March 27, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Madison, South Dakota, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Madison, South Dakota (SD) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Madison, South Dakota and the surrounding area. Last Updated and Verified: March 27, 2026
Qualifying balance up to $10,000.00
compounded monthly
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
Earn 10 points and get $10 automatically deposited into your account!
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
N/A
$25,000.00 and over
For children under 12 years of age
Under $25,000.00
(Dividends paid 12/31/2025)
Average daily balance over $100.00
Compare local Madison, SD 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.
South Dakota high-yield savings rates fell 1.518 points this week to 0.032% APY, down from 1.551% last week.
South Dakota standard savings rates rose 0.101 points this week to 0.301% APY, up from 0.200% last week.
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Madison, South Dakota 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 Madison, South Dakota. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in SD.
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.