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Home Checking Accounts Utah Checking Magna, Utah iAdvertiser Disclosure
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Best Banks & Checking Accounts in Magna, Utah - May 2026

The best checking rates for Magna, Utah include Mountain America Federal Credit UnionMountain America Federal Credit Union8349 W 3500 S, Magna, UT 84044A5.0 ★Texas Ratio: 11.38% Business growth checking at 0.50% APY, UTAH COMMUNITYUTAH COMMUNITY9024 W Magna Main St, Magna, UT 84044C3.8 ★Texas Ratio: 29.46% Elevated Plus Checking Rate at 0.10% APY, Cyprus Federal Credit UnionCyprus Federal Credit Union3505 S 8400 W, Magna, UT 84044A+5.0 ★Texas Ratio: 2.42% Fresh Start Checking at 0.10% APY, Baxter Credit UnionBaxter Credit UnionA5.0 ★Texas Ratio: 7.73% PowerPlusTM Checking Level 2 at 8.00% APY, and HERCULES FIRSTHERCULES FIRSTA5.0 ★Texas Ratio: 8.30% Gold Tier Checking at 4.33% APY. Checking account rates as of May 12, 2026 according to verified data from MonitorBankRates.

Magna has 3 local institutions in our database, with checking rates as high as 0.50% APY from Mountain America Federal Credit Union at 8349 W 3500 S, Magna, UT, 84044. 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 Magna, Utah. Checking Account Rates Last Updated and Verified: May 12, 2026

Compare Checking Account Rates Today in Magna, Utah & the Surrounding Area

Institutions:
Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Mountain America Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.38%
8349 W 3500 S
Magna, UT 84044
Business growth checking Business
0.50%
$0
Rate0.50%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

Mountain America Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.38%
8349 W 3500 S
Magna, UT 84044
Business analysis checking earnings credit Business
0.30%
$0
Rate0.30%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

Mountain America Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.38%
8349 W 3500 S
Magna, UT 84044
Business growth checking Business
0.25%
$0
Rate0.25%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

UTAH COMMUNITY
Institution Rating:
C3.8 ★ Texas Ratio: 29.46%
9024 W Magna Main St
Magna, UT 84044
Elevated Plus Checking Rate
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMay 12, 2026
Details

No additional details provided.

Mountain America Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.38%
8349 W 3500 S
Magna, UT 84044
Business analysis checking earnings credit Business
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

Cyprus Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.42%
3505 S 8400 W
Magna, UT 84044
Fresh Start Checking
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

Cyprus Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.42%
3505 S 8400 W
Magna, UT 84044
Dream Rewards Checking
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

Cyprus Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.42%
3505 S 8400 W
Magna, UT 84044
Basic Checking
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

Cyprus Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.42%
3505 S 8400 W
Magna, UT 84044
Dream Rewards Checking
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

Cyprus Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.42%
3505 S 8400 W
Magna, UT 84044
Basic Checking
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

Cyprus Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.42%
3505 S 8400 W
Magna, UT 84044
Fresh Start Checking
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
PowerPlusTM Checking Level 2
8.00%
$0
Rate7.72%
Min Deposit$0
Min Balance
UpdatedMay 12, 2026
Details

Qualifying balance up to $15000

HERCULES FIRST
Institution Rating:
A5.0 ★ Texas Ratio: 8.30%
Gold Tier Checking
4.33%
$10,000
Rate4.25%
Min Deposit$10,000
Min Balance
UpdatedMay 12, 2026
Details

No additional details provided.

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
PowerPlusTM Checking Level 1
4.00%
$0
Rate3.93%
Min Deposit$0
Min Balance
UpdatedMay 12, 2026
Details

Qualifying balance up to $15000

Desert Rivers Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.83%
Premier Checking
3.00%
$0
Rate2.96%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

**

Pacific Horizon Credit Union
Institution Rating:
C4.0 ★ Texas Ratio: 27.08%
High Dividend Checking
3.00%
$0
Rate3.00%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

Northwest Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.09%
Business Interest Checking IOLTA Business
2.71%
$0
Rate2.67%
Min Deposit$0
Min Balance
UpdatedMay 4, 2026
Details

No additional details provided.

HERCULES FIRST
Institution Rating:
A5.0 ★ Texas Ratio: 8.30%
Gold Tier Checking
1.51%
$1,500
Rate1.50%
Min Deposit$1,500
Min Balance
UpdatedMay 12, 2026
Details

No additional details provided.

Deseret First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.12%
First Choice Platinum Checking Account
1.00%
$0
Rate1.00%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

Qualifying balance up to $10,000.00

Utah First Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.03%
Personal Checking
1.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMay 6, 2026
Details

No additional details provided.

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
UTAH COMMUNITY
Institution Rating:
C3.8 ★ Texas Ratio: 29.46%
9024 W Magna Main St
Magna, UT 84044
Elevated Plus Checking Rate
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMay 12, 2026
Details

No additional details provided.

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
PowerPlusTM Checking Level 2
8.00%
$0
Rate7.72%
Min Deposit$0
Min Balance
UpdatedMay 12, 2026
Details

Qualifying balance up to $15000

HERCULES FIRST
Institution Rating:
A5.0 ★ Texas Ratio: 8.30%
Gold Tier Checking
4.33%
$10,000
Rate4.25%
Min Deposit$10,000
Min Balance
UpdatedMay 12, 2026
Details

No additional details provided.

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
PowerPlusTM Checking Level 1
4.00%
$0
Rate3.93%
Min Deposit$0
Min Balance
UpdatedMay 12, 2026
Details

Qualifying balance up to $15000

Desert Rivers Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.83%
Premier Checking
3.00%
$0
Rate2.96%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

**

Pacific Horizon Credit Union
Institution Rating:
C4.0 ★ Texas Ratio: 27.08%
High Dividend Checking
3.00%
$0
Rate3.00%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

HERCULES FIRST
Institution Rating:
A5.0 ★ Texas Ratio: 8.30%
Gold Tier Checking
1.51%
$1,500
Rate1.50%
Min Deposit$1,500
Min Balance
UpdatedMay 12, 2026
Details

No additional details provided.

Deseret First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.12%
First Choice Platinum Checking Account
1.00%
$0
Rate1.00%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

Qualifying balance up to $10,000.00

Utah First Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.03%
Personal Checking
1.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMay 6, 2026
Details

No additional details provided.

Deseret First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.12%
First Choice Interest Checking Account
0.50%
$0
Rate0.50%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

Qualifying balance up to $10,000.00

Deseret First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.12%
First Choice Platinum Rewards Checking Account
0.50%
$0
Rate0.50%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

Qualifying balance up to $10,000.00

Prime Alliance Bank
Institution Rating:
D3.1 ★ Texas Ratio: 37.64%
Personal Interest Checking
0.20%
$0
Rate0.20%
Min Deposit$0
Min Balance
UpdatedMay 4, 2026
Details

No additional details provided.

Grand Valley Bank
Institution Rating:
A5.0 ★ Texas Ratio: 11.80%
Star Plus Checking Accounts
0.15%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMay 5, 2026
Details

No additional details provided.

Prime Alliance Bank
Institution Rating:
D3.1 ★ Texas Ratio: 37.64%
Personal Interest Checking
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMay 4, 2026
Details

No additional details provided.

Delta Community Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.57%
Interest Checking Accounts
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

America First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.12%
Premium Checking
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

Prime Alliance Bank
Institution Rating:
D3.1 ★ Texas Ratio: 37.64%
Personal Interest Checking
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMay 4, 2026
Details

No additional details provided.

Deseret First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.12%
Interest, Platinum & Platinum Rewards Non-Qualifying Rate Checking Account
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Cyprus Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.42%
3505 S 8400 W
Magna, UT 84044
Dream Rewards Checking
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

Cyprus Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.42%
3505 S 8400 W
Magna, UT 84044
Dream Rewards Checking
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

Deseret First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.12%
First Choice Platinum Rewards Checking Account
0.50%
$0
Rate0.50%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

Qualifying balance up to $10,000.00

Deseret First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.12%
Interest, Platinum & Platinum Rewards Non-Qualifying Rate Checking Account
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

Deseret First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.12%
First Choice Cash Back Checking Account
0.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Cyprus Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.42%
3505 S 8400 W
Magna, UT 84044
Basic Checking
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

Cyprus Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.42%
3505 S 8400 W
Magna, UT 84044
Basic Checking
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

Utah Power Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.01%
Checking Accounts Free Checking
0.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

Granite Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.83%
Free Checking
0.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Northrop Grumman Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.91%
YOUth Journey Checking
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMay 7, 2026
Details

No additional details provided.

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Mountain America Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.38%
8349 W 3500 S
Magna, UT 84044
Business growth checking Business
0.50%
$0
Rate0.50%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

Mountain America Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.38%
8349 W 3500 S
Magna, UT 84044
Business analysis checking earnings credit Business
0.30%
$0
Rate0.30%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

Mountain America Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.38%
8349 W 3500 S
Magna, UT 84044
Business growth checking Business
0.25%
$0
Rate0.25%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

Mountain America Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.38%
8349 W 3500 S
Magna, UT 84044
Business analysis checking earnings credit Business
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

Northwest Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.09%
Business Interest Checking IOLTA Business
2.71%
$0
Rate2.67%
Min Deposit$0
Min Balance
UpdatedMay 4, 2026
Details

No additional details provided.

Northwest Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.09%
Business Interest Checking Business
0.30%
$0
Rate0.30%
Min Deposit$0
Min Balance
UpdatedMay 4, 2026
Details

No additional details provided.

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
Premier Business Checking Business
0.25%
$0
Rate0.25%
Min Deposit$0
Min Balance
UpdatedMay 12, 2026
Details

No additional details provided.

Delta Community Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.57%
Business Checking Business
0.25%
$0
Rate0.25%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

Delta Community Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.57%
Business Checking Business
0.20%
$0
Rate0.20%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

American United Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.60%
Business Premier Checking Business
0.20%
$0
Rate0.20%
Min Deposit$0
Min Balance
UpdatedMay 6, 2026
Details

Balance to Earn Monthly Dividends: $500+

Texas Health Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.83%
Premier Business Checking Business
0.15%
$0
Rate0.15%
Min Deposit$0
Min Balance
UpdatedMay 12, 2026
Details

No additional details provided.

American United Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.60%
Business Basic Checking Business
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMay 6, 2026
Details

$500+ to earn monthly dividends

Utah Power Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.01%
Checking Accounts Business Checking Business
0.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

Deseret First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.12%
Business Advantage Checking Business
0.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMay 10, 2026
Details

No additional details provided.

Magna, UT Checking Rate Trends

Compare local Magna, UT 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.

View Full Utah Checking Trends →
High-Yield Checking — UT Avg
0.682%
▼ 0.523 vs 7 days ago

Utah high-yield checking rates fell 0.523 points over the past 7 days to 0.682% APY.

Free Checking — UT Avg
0.299%
▼ 0.426 vs 7 days ago

Utah free checking rates fell 0.426 points over the past 7 days to 0.299% APY.

As of May 13, 2026 • Rate data sourced from 8,500+ monitored institutions Powered by MonitorBankRates

Methodology & Data Sources

Direct-Sourced & Verified Checking Rate Data: We aggregate checking account rates for Magna, Utah 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 Magna, Utah. 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 UT.

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 Magna, Utah earn interest?

Most traditional local checking accounts in Magna, Utah earn 0% interest. However, High-Yield Checking or Rewards Checking accounts from online banks and select local credit unions can pay interest rates comparable to savings accounts.

Are banks in Magna, Utah FDIC insured?

Yes. Legitimate banks with branches in Magna, Utah are FDIC insured up to $250,000 per depositor. Local Credit Unions are similarly insured by the NCUA.

What fees should I watch out for?

Common fees include Monthly Maintenance Fees (often waivable with direct deposit), Overdraft Fees, and Out-of-Network ATM fees. We recommend looking for “Free Checking” accounts that explicitly state no monthly fees.

What is a Rewards Checking account?

Rewards Checking accounts (sometimes called Kasasa accounts) offer high interest rates or cash back on debit card purchases in exchange for meeting monthly requirements like a minimum number of debit card transactions, direct deposit enrollment, or e-statement signup.

Best Checking Rates in Magna, Utah

Based on our current data, some of the highest checking account APYs available to residents of Magna, Utah include:
  • Mountain America Federal Credit Union
    Business growth checking — 0.50% APY
  • UTAH COMMUNITY
    Elevated Plus Checking Rate — 0.10% APY
  • Cyprus Federal Credit Union
    Fresh Start Checking — 0.10% APY
  • Baxter Credit Union
    PowerPlusTM Checking Level 2 — 8.00% APY
  • HERCULES FIRST
    Gold Tier Checking — 4.33% APY
Checking Account Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Magna, Utah. Your final available rate may depend on qualifying activity and daily market movements. Last Updated and Verified: May 12, 2026