Best Banks & Checking Accounts in Shakopee, Minnesota - May 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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The best checking rates for Shakopee, Minnesota include TruStone Financial Credit UnionTruStone Financial Credit Union4290 Dean Lakes Blvd, Shakopee, MN 55379A+5.0 ★Texas Ratio: 5.44% TruRate Checking at 4.00% APY, Old National BankOld National Bank1407 Vierling Dr E, Shakopee, MN 55379A+5.0 ★Texas Ratio: 5.09% ONB Preferred Checking at 0.01% APY, Baxter Credit UnionBaxter Credit UnionA5.0 ★Texas Ratio: 7.73% PowerPlusTM Checking Level 2 at 8.00% APY, Genisys Credit UnionGenisys Credit UnionA+5.0 ★Texas Ratio: 5.03% Genius High Yield Checking at 6.75% APY, and PSB of PlainviewPSB of PlainviewA+5.0 ★Texas Ratio: 4.73% Express Checking with Interest at 5.00% APY. Checking account rates as of May 5, 2026 according to verified data from MonitorBankRates.
Shakopee has 2 local institutions in our database, with checking rates as high as 4.00% APY from TruStone Financial Credit Union at 4290 Dean Lakes Blvd, Shakopee, MN, 55379. Use the tabs below to compare all available checking account types. Rates are continually updated — we recommend checking back frequently.
Checking account rates reflect recent market quotes and representative offers available to depositors in Shakopee, Minnesota. Checking Account Rates Last Updated and Verified: May 5, 2026
Compare Checking Account Rates Today in Shakopee, Minnesota & the Surrounding Area
Shakopee, MN 55379
Qualifying balance up to $20,000.00
Shakopee, MN 55379
No additional details provided.
Shakopee, MN 55379
$12 fee if average daily balance is less than $7,500; First 250 paper/digital transactions are free, $0.20 each thereafter
Shakopee, MN 55379
$12 fee if average daily balance is less than $7,500; First 250 paper/digital transactions are free, $0.20 each thereafter
Shakopee, MN 55379
$12 fee if average daily balance is less than $7,500; First 250 paper/digital transactions are free, $0.20 each thereafter
Shakopee, MN 55379
No additional details provided.
Shakopee, MN 55379
No additional details provided.
Shakopee, MN 55379
No additional details provided.
Shakopee, MN 55379
First 20 paper checks transacted are free, $0.25 each thereafter
Shakopee, MN 55379
$5 if average daily balance is less than $500; First 100 paper/digital transactions are free, $0.20 each thereafter
Shakopee, MN 55379
No additional details provided.
Qualifying balance up to $15000
Qualifications Required; Qualifying balance up to $7,500.00
Qualifying balance up to $25,000.00
Promotional rate for new accounts.
Qualifying balance up to $10,000.00
No additional details provided.
Qualifying balance up to $20,000
No additional details provided.
Qualifying balance up to $15,000.00
Shakopee, MN 55379
Qualifying balance up to $20,000.00
Shakopee, MN 55379
No additional details provided.
Shakopee, MN 55379
No additional details provided.
Qualifying balance up to $15000
Qualifications Required; Qualifying balance up to $7,500.00
Promotional rate for new accounts.
Qualifying balance up to $25,000.00
Qualifying balance up to $10,000.00
No additional details provided.
No additional details provided.
Qualifying balance up to $20,000
Qualifying balance up to $15000
Qualifying balance up to $15,000.00
Qualifications Required; Qualifying balance up to $15,000.00
Qualifying balance up to $100,000.00
No additional details provided.
Qualifications Required; Qualifying balance up to $15,000.00
Qualifications Required; Qualifying balance up to $15,000.00
Qualifying balance up to $3,000,000.00
Qualifying balance up to $10,000.00
Qualifying balance up to $10,000.00
Qualifying balance up to $20,000
Qualifying balance up to $15,000.00
Qualifications Required; Qualifying balance up to $15,000.00
Qualifying balance up to $10,000.00
Qualifications Required: 4 Criteria Met; On average daily Loyalty Choice Rewards balance; 4 Criteria Met
No additional details provided.
Qualifications Required: 3 Criteria Met; On average daily Loyalty Choice Rewards balance; 3 Criteria Met
Qualifications Required: 2 Criteria Met; On average daily Loyalty Choice Rewards balance; 2 Criteria Met
If 1-4 qualifying criteria are met.
Qualifications Required
No additional details provided.
dividend with average daily balance of $500 or more
Minimum balance to open $20. No minimum balance to maintain. The average balance to earn dividends for the month is $1000.
No additional details provided.
No additional details provided.
No additional details provided.
No additional details provided.
No additional details provided.
No additional details provided.
No additional details provided.
Shakopee, MN 55379
No additional details provided.
No additional details provided.
Qualifying balance up to $5,000
Shakopee, MN 55379
$12 fee if average daily balance is less than $7,500; First 250 paper/digital transactions are free, $0.20 each thereafter
Shakopee, MN 55379
$12 fee if average daily balance is less than $7,500; First 250 paper/digital transactions are free, $0.20 each thereafter
Shakopee, MN 55379
$12 fee if average daily balance is less than $7,500; First 250 paper/digital transactions are free, $0.20 each thereafter
Shakopee, MN 55379
First 20 paper checks transacted are free, $0.25 each thereafter
Shakopee, MN 55379
$5 if average daily balance is less than $500; First 100 paper/digital transactions are free, $0.20 each thereafter
Qualifying balance up to $499.99
No additional details provided.
No additional details provided.
No additional details provided.
Qualifying balance up to $149,999.99
No additional details provided.
Qualifying balance up to $24,999.99
No additional details provided.
No additional details provided.
No additional details provided.
No additional details provided.
No additional details provided.
Qualifying balance up to $49,999.00
No additional details provided.
No additional details provided.
Shakopee, MN Checking Rate Trends
Compare local Shakopee, MN checking rate quotes against the statewide average
Daily checking rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
Minnesota high-yield checking rates fell 0.512 points over the past 7 days to 1.077% APY.
Minnesota free checking rates rose 0.070 points over the past 7 days to 1.037% APY.
Methodology & Data Sources
Direct-Sourced & Verified Checking Rate Data: We aggregate checking account rates for Shakopee, Minnesota directly from the official websites of banks and credit unions using a combination of our proprietary rate aggregation technology and a dedicated team of rate updaters. By pulling this data straight from the institutions’ own digital properties and manually verifying the yields daily, we ensure that every checking rate displayed on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems and team constantly monitor the market to provide a complete picture of available yields in Shakopee, Minnesota. We feature a comprehensive mix of financial institutions, allowing you to easily compare localized checking rates from neighborhood credit unions, competitive offers from mid-sized regional banks, and high-yield checking accounts available to account holders in MN.
Daily Updates & Time-Stamped Accuracy: To maintain the highest level of data integrity, our rate updaters verify and update checking rates daily. Because checking account yields can fluctuate based on market conditions, every single checking product listed on our platform features its own specific “last updated” date.
Frequently Asked Questions
Do checking accounts in Shakopee, Minnesota earn interest?
Are banks in Shakopee, Minnesota FDIC insured?
What fees should I watch out for?
What is a Rewards Checking account?
Best Checking Rates in Shakopee, Minnesota
- TruStone Financial Credit Union
TruRate Checking — 4.00% APY - Old National Bank
ONB Preferred Checking — 0.01% APY - Baxter Credit Union
PowerPlusTM Checking Level 2 — 8.00% APY - Genisys Credit Union
Genius High Yield Checking — 6.75% APY - PSB of Plainview
Express Checking with Interest — 5.00% APY
