The best savings rates for Farmington, Utah and the surrounding area include Horizon Utah Federal Credit UnionHorizon Utah Federal Credit Union225 S 200 W, Farmington, UT 84025A5.0 ★Texas Ratio: 6.06% ROTH IRA SHARE at 2.60% APY, Utah First Federal Credit UnionUtah First Federal Credit Union1155 W Park Lane, Farmington, UT 84025A+5.0 ★Texas Ratio: 2.03% IRA Share at 0.75% APY, Mountain America Federal Credit UnionMountain America Federal Credit Union495 N Station Pkwy, Farmington, UT 84025A5.0 ★Texas Ratio: 11.38% Primary savings at 0.05% APY, Wells FargoWells Fargo12 W State St, Farmington, UT 84025A5.0 ★Texas Ratio: 7.44% Retirement High Yield Savings at 0.05% APY, and Goldenwest Federal Credit UnionGoldenwest Federal Credit Union698 N Lagoon Dr, Farmington, UT 84025 3601A+5.0 ★Texas Ratio: 2.10% Health Savings Account at 0.05% APY. Savings rates as of March 25, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Farmington, Utah, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Farmington, Utah (UT) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Farmington, Utah and the surrounding area. Last Updated and Verified: March 25, 2026
Insured by NCUA. Effective as of 3/19/2026. Minimum deposit required to open and maintain a primary savings account is $1. Balances of $100 or more will accrue dividends. Rates and terms are subject to change.
Insured by NCUA. Effective as of 3/19/2026. There is no minimum deposit required to open a secondary savings account and balances above $0 will accrue dividends. Rates and terms are subject to change.
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 $1,000.00
Qualifying balance up to $5,000.00
Qualifications Required: Receiving direct deposit(s) totaling $1,000 or more; Ending the month with a positive balance in all your Varo Accounts; Qualify to earn 5.00% Annual Percentage Yield (APY) on up to $5,000
During the first 6 months after account opening, a promotional APY of 5.00% applies to that portion of the total account balance within the first tier, up to $2,499.99.
Standard Rate*
Earn 10x the National Average2
on all balance tiers
Compare local Farmington, UT 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.
Utah high-yield savings rates fell 2.964 points this week to 0.383% APY, down from 3.346% last week.
Utah standard savings rates rose 1.099 points this week to 1.199% APY, up from 0.100% last week.
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Farmington, Utah 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 Farmington, Utah. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in UT.
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.