Best Money Market Rates in Chicago, Illinois (IL) - March 2026
Content reviewed by
Brian McKay
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Editorial Disclosure
Brian McKay
Brian McKay
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Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
Current Chicago, Illinois and the surrounding area money market rates include The Huntington National BankThe Huntington National Bank3333 W 26th St, Chicago, IL 60623A+5.0 ★Texas Ratio: 4.60% High-Yield Money Market at 3.82% APY, Waterman BankWaterman Bank1747 W North Ave, Chicago, IL 60622A+5.0 ★Texas Ratio: 3.95% Money Market at 3.82% APY, Republic Bank of ChicagoRepublic Bank of Chicago2720 W Devon Ave, Chicago, IL 60659A+5.0 ★Texas Ratio: 4.71% Business Digital Money Market at 3.75% APY, Gold Coast BankGold Coast Bank1165 N Clark St, Chicago, IL 60610A5.0 ★Texas Ratio: 6.28% GCB Money Market Account at 3.67% APY, and First Merchants BankFirst Merchants Bank13323 S Baltimore Ave, Chicago, IL 60633A+5.0 ★Texas Ratio: 2.78% Money Market Special at 3.55% APY. Money market rates as of March 29, 2026 according to verified data from MonitorBankRates.
To see how these money market rates in Chicago, Illinois and the surrounding area compare, use our comprehensive tables below for side-by-side comparisons so you can find the best yields available. Rates in Chicago, Illinois (IL) are continually updated we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in Chicago, Illinois and surrounding area. Last Updated and Verified: March 29, 2026
Compare the Best Money Market Rates Today in Chicago, Illinois & the Surrounding Area
Source: Verified Money Market Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
3333 W 26th St, Chicago, IL 60623
High-Yield Money Market
3.82%
$25,000
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMar 27, 2026
Details
Minimum of $25,000 not currently deposited at Huntington.
Waterman Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.95%
1747 W North Ave, Chicago, IL 60622
Money Market
3.82%
$2,500
▼
Rate3.75%
Min Deposit$2,500
Min Balance—
UpdatedMar 24, 2026
Details
Qualifying balance up to $2,499.99
Waterman Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.95%
1747 W North Ave, Chicago, IL 60622
Business Money Market
3.82%
$2,500
▼
Rate3.75%
Min Deposit$2,500
Min Balance—
UpdatedMar 24, 2026
Details
Qualifying balance up to $2,499.99
Republic Bank of Chicago
Institution Rating:
A+5.0 ★ Texas Ratio: 4.71%
2720 W Devon Ave, Chicago, IL 60659
Business Digital Money Market
3.75%
$2,500
▼
Rate3.69%
Min Deposit$2,500
Min Balance—
UpdatedMar 24, 2026
Details
Minimum deposit to open: $2,500; If balance falls below $2,500, a $25 maintenance fee will be assessed. Maximum account balance is $250,000. If balance exceeds $250,000, Annual Percentage Yield (APY) on entire balance will decrease to 3.50%. Account must be funded with money not currently on deposit with Republic Bank of Chicago within the last 180 days (i.e., new money which has not been held in a Republic Bank deposit account of any kind in the last 6 months).; Other terms and conditions may apply
Gold Coast Bank
Institution Rating:
A5.0 ★ Texas Ratio: 6.28%
1165 N Clark St, Chicago, IL 60610
GCB Money Market Account
3.67%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
3333 W 26th St, Chicago, IL 60623
Relationship Money Market Account
3.66%
$0
▼
Rate3.60%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
With Private Client Account****
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
3333 W 26th St, Chicago, IL 60623
Relationship Money Market Account
3.56%
$0
▼
Rate3.50%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
With Huntington Platinum Perks Checking***
First Merchants Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.78%
13323 S Baltimore Ave, Chicago, IL 60633
Money Market Special
3.55%
$10,000
▼
Rate—
Min Deposit$10,000
Min Balance—
UpdatedMar 26, 2026
Details
180-Day Promo Rate | $10,000 Min. Balance
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
3333 W 26th St, Chicago, IL 60623
Relationship Money Market Account
3.51%
$0
▼
Rate3.45%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
With Huntington Perks Checking**
Great Lakes Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.78%
1011 W Lawrence Ave, Chicago, IL 60640 5017
Business Money Markets
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Great Lakes Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.78%
1011 W Lawrence Ave, Chicago, IL 60640 5017
Business Money Market Account
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Accounts with $100,000.00 or greater will earn 3.50% APY* during the promotion
Republic Bank of Chicago
Institution Rating:
A+5.0 ★ Texas Ratio: 4.71%
2720 W Devon Ave, Chicago, IL 60659
Business Digital Money Market
3.50%
$2,500
▼
Rate3.45%
Min Deposit$2,500
Min Balance—
UpdatedMar 24, 2026
Details
Minimum deposit to open: $2,500; If balance falls below $2,500, a $25 maintenance fee will be assessed. Maximum account balance is $250,000. If balance exceeds $250,000, Annual Percentage Yield (APY) on entire balance will decrease to 3.50%. Account must be funded with money not currently on deposit with Republic Bank of Chicago within the last 180 days (i.e., new money which has not been held in a Republic Bank deposit account of any kind in the last 6 months).; Other terms and conditions may apply
Peoples Bank (IN)
Institution Rating:
A5.0 ★ Texas Ratio: 9.70%
5400 S Pulaski Rd, Chicago, IL 60632
Money Market Special
3.50%
$0
▼
Rate3.44%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
3333 W 26th St, Chicago, IL 60623
Relationship Money Market Account
3.45%
$0
▼
Rate3.40%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Non-Relationship Rate
International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
5069 N Broadway St, Chicago, IL 60640
Premier Money Market
3.40%
$0
▼
Rate3.35%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
5069 N Broadway St, Chicago, IL 60640
Money Market Account
3.35%
$0
▼
Rate3.30%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
Business IMMA - Tier 7
3.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
Business IMMA - Tier 9
3.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
Business IMMA - Tier 8
3.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
5069 N Broadway St, Chicago, IL 60640
Premier Money Market
3.30%
$0
▼
Rate3.25%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Selfreliance Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.56%
2332 W Chicago Ave, Chicago, IL 60622
Money Market Accounts
3.29%
$0
▼
Rate3.25%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IMMA - Tier 9
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IMMA
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IMMA - Tier 7
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IMMA - Tier 8
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IRA-HSA IMMA - Tier 7
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IRA-HSA IMMA - Tier 8
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IRA-HSA IMMA - Tier 9
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IRA-HSA IMMA
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Peoples Bank (IN)
Institution Rating:
A5.0 ★ Texas Ratio: 9.70%
5400 S Pulaski Rd, Chicago, IL 60632
Money Market Special
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Verve a Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.81%
525 W Roosevelt Rd, Chicago, IL 60607 4908
Optimum Money Market
3.24%
$0
▼
Rate3.19%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Republic Bank of Chicago
Institution Rating:
A+5.0 ★ Texas Ratio: 4.71%
2720 W Devon Ave, Chicago, IL 60659
Digital Money Market
3.22%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMar 24, 2026
Details
International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
5069 N Broadway St, Chicago, IL 60640
Premier Money Market
3.20%
$0
▼
Rate3.15%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
3333 W 26th St, Chicago, IL 60623
High-Yield Money Market
3.20%
$25,000
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMar 27, 2026
Details
Minimum of $25,000 not currently deposited at Huntington.
Byline Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.13%
6945 N Clark St, Chicago, IL 60626
Advantage Money Market Account
3.20%
$25,000
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMar 25, 2026
Details
$25,000 minimum to open account. $25,000 minimum to earn 3.20% APY.
Inland Bank & Trust
Institution Rating:
A+5.0 ★
1000 W Washington Blvd, Chicago, IL 60607
Advantage Money Market Account
3.20%
$25,000
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMar 25, 2026
Details
$25,000 minimum to open account. $25,000 minimum to earn 3.20% APY.
International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
5069 N Broadway St, Chicago, IL 60640
Money Market Account
3.05%
$0
▼
Rate3.01%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
NuMark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.18%
3040 S Halsted St, Chicago, IL 60608
Money Market
3.00%
$250,000
▼
Rate2.96%
Min Deposit$250,000
Min Balance—
UpdatedMar 28, 2026
Details
Peoples Bank (IN)
Institution Rating:
A5.0 ★ Texas Ratio: 9.70%
5400 S Pulaski Rd, Chicago, IL 60632
Money Market Special
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Verve a Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.81%
525 W Roosevelt Rd, Chicago, IL 60607 4908
Optimum Money Market
2.99%
$0
▼
Rate2.95%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Hanmi Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.11%
6335 N Western Ave, Chicago, IL 60659
Simple Money Market
2.80%
$100
▼
Rate—
Min Deposit$100
Min Balance—
UpdatedMar 27, 2026
Details
$5 monthly maintenance charge waived when minimum balance requirement is met
Peoples Bank (IN)
Institution Rating:
A5.0 ★ Texas Ratio: 9.70%
5400 S Pulaski Rd, Chicago, IL 60632
Money Market Special
2.80%
$0
▼
Rate2.76%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Verve a Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.81%
525 W Roosevelt Rd, Chicago, IL 60607 4908
Optimum Money Market
2.75%
$0
▼
Rate2.71%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Republic Bank of Chicago
Institution Rating:
A+5.0 ★ Texas Ratio: 4.71%
2720 W Devon Ave, Chicago, IL 60659
Commercial Power Index Money Market
2.67%
$10,000
▼
Rate2.63%
Min Deposit$10,000
Min Balance—
UpdatedMar 24, 2026
Details
Minimum deposit to open: $10,000; The minimum daily balance to obtain the stated APY and avoid the $30 maintenance fee is $10,000.; Other terms and conditions may apply
Republic Bank of Chicago
Institution Rating:
A+5.0 ★ Texas Ratio: 4.71%
2720 W Devon Ave, Chicago, IL 60659
IRA Money Market
2.67%
$25
▼
Rate2.63%
Min Deposit$25
Min Balance—
UpdatedMar 24, 2026
Details
Minimum deposit to open: $25; No minimum daily balance to obtain stated APY; no monthly maintenance fee.; Other terms and conditions may apply.
Republic Bank of Chicago
Institution Rating:
A+5.0 ★ Texas Ratio: 4.71%
2720 W Devon Ave, Chicago, IL 60659
Power Index Money Market
2.67%
$10,000
▼
Rate2.63%
Min Deposit$10,000
Min Balance—
UpdatedMar 24, 2026
Details
Minimum deposit to open: $10,000; The minimum daily balance to obtain the stated APY and avoid the $30 maintenance fee is $10,000.; Other terms and conditions may apply.
Peoples Bank (IN)
Institution Rating:
A5.0 ★ Texas Ratio: 9.70%
5400 S Pulaski Rd, Chicago, IL 60632
Money Market Special
2.65%
$0
▼
Rate2.61%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Hanmi Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.11%
6335 N Western Ave, Chicago, IL 60659
Simple Money Market
2.60%
$100
▼
Rate—
Min Deposit$100
Min Balance—
UpdatedMar 27, 2026
Details
$5 monthly maintenance charge waived when minimum balance requirement is met
International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
5069 N Broadway St, Chicago, IL 60640
Money Market Account
2.55%
$0
▼
Rate2.52%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
NuMark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.18%
3040 S Halsted St, Chicago, IL 60608
Money Market
2.50%
$100,000
▼
Rate2.47%
Min Deposit$100,000
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
Business IMMA - Tier 6
2.40%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Heartland Bank and Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 1.53%
935 W Chestnut St, Chicago, IL 60642
Capital Money Market
2.27%
$10,000
▼
Rate2.25%
Min Deposit$10,000
Min Balance—
UpdatedMar 27, 2026
Details
Selfreliance Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.56%
2332 W Chicago Ave, Chicago, IL 60622
Money Market Accounts
2.27%
$0
▼
Rate2.25%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Verve a Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.81%
525 W Roosevelt Rd, Chicago, IL 60607 4908
Optimum Money Market
2.24%
$0
▼
Rate2.22%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
13220 S Baltimore Ave, Chicago, IL 60633
Diamond Money Market
2.05%
$50,000
▼
Rate2.03%
Min Deposit$50,000
Min Balance—
UpdatedMar 26, 2026
Details
Rates can change daily, Daily compounding
First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
13220 S Baltimore Ave, Chicago, IL 60633
Diamond Money Market 4th Tier
2.05%
$50,000
▼
Rate2.03%
Min Deposit$50,000
Min Balance—
UpdatedMar 26, 2026
Details
Rates can change daily, Daily compounding
Heartland Bank and Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 1.53%
935 W Chestnut St, Chicago, IL 60642
Capital Money Market
2.02%
$10,000
▼
Rate2.00%
Min Deposit$10,000
Min Balance—
UpdatedMar 27, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IRA-HSA IMMA
2.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IMMA - Tier 5
2.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IMMA - Tier 6
2.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IMMA
2.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Verve a Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.81%
525 W Roosevelt Rd, Chicago, IL 60607 4908
Optimum Money Market
2.00%
$0
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IRA-HSA IMMA - Tier 6
2.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
Business IMMA - Tier 5
2.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Policemens Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.46%
4100 W 76TH ST, CHICAGO, IL 60652 5600
Money Market
2.00%
$0
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IRA-HSA IMMA - Tier 5
2.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Providence Bank & Trust
Institution Rating:
A5.0 ★ Texas Ratio: 6.14%
7801 S State St, Chicago, IL 60619
Achieve More Money Market
2.00%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMar 28, 2026
Details
Beverly Bank & Trust Company N.A.
Institution Rating:
A+5.0 ★ Texas Ratio: 3.89%
1525 E 53rd St, Chicago, IL 60615
Money Market Advanced Special
2.00%
$100
▼
Rate—
Min Deposit$100
Min Balance—
UpdatedMar 28, 2026
Details
New money only
Providence Bank & Trust
Institution Rating:
A5.0 ★ Texas Ratio: 6.14%
7801 S State St, Chicago, IL 60619
Achieve More Commercial Money Market
2.00%
$75,000
▼
Rate—
Min Deposit$75,000
Min Balance—
UpdatedMar 28, 2026
Details
Qualifying balance up to $249,999.99
First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
13220 S Baltimore Ave, Chicago, IL 60633
Diamond Money Market
1.80%
$50,000
▼
Rate1.78%
Min Deposit$50,000
Min Balance—
UpdatedMar 26, 2026
Details
Rates can change daily, Daily compounding
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
Money Market Business Checking - Tier 3
1.80%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
13220 S Baltimore Ave, Chicago, IL 60633
Diamond Money Market 3rd Tier
1.80%
$50,000
▼
Rate1.78%
Min Deposit$50,000
Min Balance—
UpdatedMar 26, 2026
Details
Rates can change daily, Daily compounding
International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
5069 N Broadway St, Chicago, IL 60640
Money Market Account
1.79%
$0
▼
Rate1.78%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Selfreliance Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.56%
2332 W Chicago Ave, Chicago, IL 60622
Money Market Accounts
1.76%
$0
▼
Rate1.75%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Metropolitan Capital B&T
Institution Rating:
C3.9 ★ Texas Ratio: 28.57%
9 E Ontario St, Chicago, IL 60611
Money Market Account (MMA)
1.75%
$0
▼
Rate1.74%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
NuMark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.18%
3040 S Halsted St, Chicago, IL 60608
Money Market
1.75%
$50,000
▼
Rate1.74%
Min Deposit$50,000
Min Balance—
UpdatedMar 28, 2026
Details
Policemens Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.46%
4100 W 76TH ST, CHICAGO, IL 60652 5600
Money Market
1.75%
$0
▼
Rate1.75%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Verve a Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.81%
525 W Roosevelt Rd, Chicago, IL 60607 4908
Optimum Money Market
1.75%
$0
▼
Rate1.73%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
Money Market Checking - Tier 4
1.70%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Self-Help Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.72%
3960 W 26th St, Chicago, IL 60623
Money Market
1.64%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
First Northern Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.76%
230 W Monroe St, Chicago, IL 60606
Money Market Demand
1.60%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Heartland Bank and Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 1.53%
935 W Chestnut St, Chicago, IL 60642
Capital Money Market
1.51%
$10,000
▼
Rate1.50%
Min Deposit$10,000
Min Balance—
UpdatedMar 27, 2026
Details
First Northern Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.76%
230 W Monroe St, Chicago, IL 60606
Money Market Demand
1.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Great Lakes Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.78%
1011 W Lawrence Ave, Chicago, IL 60640 5017
Business Money Market Account
1.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Metropolitan Capital B&T
Institution Rating:
C3.9 ★ Texas Ratio: 28.57%
9 E Ontario St, Chicago, IL 60611
Money Market Account (MMA)
1.50%
$0
▼
Rate1.49%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Policemens Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.46%
4100 W 76TH ST, CHICAGO, IL 60652 5600
Money Market
1.50%
$0
▼
Rate1.50%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Verve a Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.81%
525 W Roosevelt Rd, Chicago, IL 60607 4908
Optimum Money Market
1.49%
$0
▼
Rate1.48%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IRA-HSA IMMA - Tier 4
1.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
Money Market Checking - Tier 3
1.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
Money Market Business Checking - Tier 2
1.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
Business IMMA - Tier 4
1.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IRA-HSA IMMA
1.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IMMA - Tier 4
1.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
2500 N Halsted St, Chicago, IL 60614 6999
IMMA
1.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Metropolitan Capital B&T
Institution Rating:
C3.9 ★ Texas Ratio: 28.57%
9 E Ontario St, Chicago, IL 60611
Money Market Account (MMA)
1.25%
$0
▼
Rate1.24%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
American Metro Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
4878 N Broadway St, Chicago, IL 60640
Harvest Money Market
1.20%
$10,000
▼
Rate1.20%
Min Deposit$10,000
Min Balance—
UpdatedMar 25, 2026
Details
ValleyDirect
Institution Rating:
A+5.0 ★ Texas Ratio: 3.76%
1 N La Salle St Fl 20, Chicago, IL 60602
Premium Money Market
1.11%
$25,000
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMar 29, 2026
Details
A boosted rate for eligible Valley checking customers; No maintenance charge for average daily balances of $10,000 or more
First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
13220 S Baltimore Ave, Chicago, IL 60633
Diamond Money Market 2nd Tier
1.05%
$50,000
▼
Rate1.05%
Min Deposit$50,000
Min Balance—
UpdatedMar 26, 2026
Details
Rates can change daily, Daily compounding
First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
13220 S Baltimore Ave, Chicago, IL 60633
Diamond Money Market
1.05%
$50,000
▼
Rate1.05%
Min Deposit$50,000
Min Balance—
UpdatedMar 26, 2026
Details
Rates can change daily, Daily compounding
Hoyne Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.92%
4786 N Milwaukee Ave, Chicago, IL 60630
Money Market Deposit Account
1.00%
$1,000
▼
Rate1.00%
Min Deposit$1,000
Min Balance—
UpdatedMar 27, 2026
Details
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MonitorBankRates
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. Rates reflect recent market quotes and representative offers available to depositors in Chicago, Illinois and the surrounding area.
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.
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.
Chicago, IL Money Market Rate Trends
Compare local Chicago, IL MMA rate quotes against the statewide average
Weekly money market rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
High-Yield MMA — IL Avg
1.469%
▲ 0.368 from last week
Illinois high-yield MMA rates rose 0.368 points this week to 1.469% APY, up from 1.101% last week.
Standard MMA — IL Avg
1.338%
▼ 0.010 from last week
Illinois standard MMA rates fell 0.010 points this week to 1.338% APY, down from 1.348% last week.
As of Mar 30, 2026 • Rate data sourced from 8,500+ monitored institutions
Powered by MonitorBankRates
Methodology & Data Sources
Direct-Sourced & Verified Money Market Rate Data: We aggregate money market account rates for Chicago, Illinois directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every money market 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 Chicago, Illinois. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in IL.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update money market rates daily. Because MMA yields can fluctuate rapidly based on market conditions, every product listed features its own specific “last updated” date, giving you complete transparency.
Frequently Asked Questions about Money Market Accounts in Chicago, Illinois
What is a Money Market Account (MMA)?
A Money Market Account (MMA) is a type of savings account that often pays higher interest rates than standard savings accounts. They usually come with check-writing privileges and debit card access, offering a balance of growth and liquidity for savers in Illinois.
Are Money Market accounts in Chicago, Illinois 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 Illinois up to $250,000 per depositor, per institution.
How often do MMA rates change in Chicago, Illinois?
Money market rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Illinois rate tables daily to ensure you see the most current high-yield options.
Can I write checks from a Money Market Account?
Yes, most Money Market Accounts allow you to write a limited number of checks or make debit card transactions each month (typically up to 6), making them more flexible than a standard savings account.
Best Money Market Rates in Chicago, Illinois
Here are some of the highest money market account APYs currently available in Chicago, Illinois and the surrounding area:
- The Huntington National Bank
High-Yield Money Market — 3.82% APY - Waterman Bank
Money Market — 3.82% APY - Republic Bank of Chicago
Business Digital Money Market — 3.75% APY - Gold Coast Bank
GCB Money Market Account — 3.67% APY - First Merchants Bank
Money Market Special — 3.55% APY
Money Market Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Chicago, Illinois. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 29, 2026
