Best Money Market Rates in Michigan (MI) - March 2026
Content reviewed by
Brian McKay
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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 Michigan money market rates include New England Federal Credit UnionNew England Federal Credit Union500 E Lafayette Blvd, Detroit, MI 48226A+5.0 ★Texas Ratio: 4.53% Essential Money Market at 4.50% APY, Community Financial Credit Union Plymouth, MICommunity Financial Credit Union Plymouth, MI500 S HARVEY ST, PLYMOUTH, MI 48170 1759A5.0 ★Texas Ratio: 8.20% Money Market at 4.20% APY, Community Choice Credit UnionCommunity Choice Credit Union31155 Northwestern Hwy, Farmington Hills, MI 48334 2502A5.0 ★Texas Ratio: 7.03% Business Money Market at 4.10% APY, LMCU Lake Michigan Credit UnionLMCU Lake Michigan Credit Union4866 Alpine Ave NW, Comstock Park, MI 49321 8579A+5.0 ★Texas Ratio: 2.47% Max Money Market at 4.05% APY, and Dort Financial Credit UnionDort Financial Credit Union9048 HOLLY RD, GRAND BLANC, MI 48439A+5.0 ★Texas Ratio: 5.65% Public Funds Money Market at 4.00% APY.
To see how these money market rates in Michigan compare, use our comprehensive tables below for side-by-side comparisons so you can find the best yields available. Rates in Michigan (MI) are continually updated we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in Michigan and surrounding area. Last Updated and Verified: March 20, 2026
Michigan Money Market Rate Trends
Compare local Michigan 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 — MI Avg
2.495%
▲ 1.812 from last week
Michigan high-yield MMA rates rose 1.812 points this week to 2.495% APY, up from 0.683% last week.
Standard MMA — MI Avg
1.246%
▲ 0.477 from last week
Michigan standard MMA rates rose 0.477 points this week to 1.246% APY, up from 0.768% last week.
As of Mar 20, 2026 • Rate data sourced from 8,500+ monitored institutions
Powered by MonitorBankRates
Compare the Best Money Market Rates Today in Michigan
Source: Verified Money Market Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
New England Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.53%
500 E Lafayette Blvd, Detroit, MI 48226
Essential Money Market
4.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
up to
Community Financial Credit Union Plymouth, MI
Institution Rating:
A5.0 ★ Texas Ratio: 8.20%
500 S HARVEY ST, PLYMOUTH, MI 48170 1759
Money Market
4.20%
$0
▼
Rate4.12%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details
Community Choice Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.03%
31155 Northwestern Hwy, Farmington Hills, MI 48334 2502
Business Money Market
4.10%
$0
▼
Rate4.03%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details
LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.47%
4866 Alpine Ave NW, Comstock Park, MI 49321 8579
Max Money Market
4.05%
$0
▼
Rate3.98%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
$1,000,000 +
Members First Credit Union Midland, MI
Institution Rating:
A5.0 ★ Texas Ratio: 8.84%
600 W Wackerly St, Midland, MI 48640 4702
Money Market Account
4.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Honor Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.80%
8952 US Highway 31, Berrien Springs, MI 49103
Surge Money Market
4.00%
$0
▼
Rate3.93%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Dort Financial Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.65%
9048 HOLLY RD, GRAND BLANC, MI 48439
Public Funds Money Market
4.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
Chief Financial Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.48%
790 Joslyn Ave, Pontiac, MI 48340 2918
Money Market Account
3.75%
$500
▼
Rate3.68%
Min Deposit$500
Min Balance—
UpdatedMar 18, 2026
Details
Chief Financial Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.48%
790 Joslyn Ave, Pontiac, MI 48340 2918
Money Market
3.75%
$0
▼
Rate3.68%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details
Dort Financial Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.65%
9048 HOLLY RD, GRAND BLANC, MI 48439
Public Funds Money Market
3.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
Dfcu Financial Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.05%
400 Town Center Dr, Dearborn, MI 48126
Premier Money Market
3.70%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 13, 2026
Details
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
328 S Saginaw St, Flint, MI 48502
Relationship Money Market Account
3.66%
$0
▼
Rate3.60%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
With Private Client Account****
Horizon Bank Michigan City, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 2.79%
220 S Main St, Standish, MI 48658
Business Money Market Savings
3.65%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Horizon Bank Michigan City, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 2.79%
220 S Main St, Standish, MI 48658
Money Market Account
3.65%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Limited-time offer
Horizon Bank Michigan City, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 2.79%
220 S Main St, Standish, MI 48658
Business Money Market
3.65%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Honor Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.80%
8952 US Highway 31, Berrien Springs, MI 49103
Amplify Money Market Rate
3.57%
$0
▼
Rate3.51%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Lake-Osceola State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.18%
790 Michigan Ave, Baldwin, MI 49304
Money Market Account (Tiered Rate)
3.56%
$0
▼
Rate3.50%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
328 S Saginaw St, Flint, MI 48502
Relationship Money Market Account
3.56%
$0
▼
Rate3.50%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
With Huntington Platinum Perks Checking***
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
328 S Saginaw St, Flint, MI 48502
Relationship Money Market Account
3.51%
$0
▼
Rate3.45%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
With Huntington Perks Checking**
First State Bank (MI)
Institution Rating:
A+5.0 ★ Texas Ratio: 1.41%
16100 E 9 Mile Rd, Eastpointe, MI 48021
Business Money Market
3.50%
$0
▼
Rate3.45%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Dort Financial Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.65%
9048 HOLLY RD, GRAND BLANC, MI 48439
Platinum Money Market
3.50%
$0
▼
Rate3.45%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
People Driven Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.98%
24333 Lahser Rd, Southfield, MI 48033 6041
High Yield Money Market Account Rate
3.50%
$0
▼
Rate3.44%
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details
Community Financial Credit Union Plymouth, MI
Institution Rating:
A5.0 ★ Texas Ratio: 8.20%
500 S HARVEY ST, PLYMOUTH, MI 48170 1759
Money Market
3.50%
$0
▼
Rate3.45%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details
First State Bank (MI)
Institution Rating:
A+5.0 ★ Texas Ratio: 1.41%
16100 E 9 Mile Rd, Eastpointe, MI 48021
Purpose Money Market Account
3.50%
$0
▼
Rate3.45%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Horizon Bank Michigan City, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 2.79%
220 S Main St, Standish, MI 48658
Money Market Account
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Limited-time offer
Horizon Bank Michigan City, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 2.79%
220 S Main St, Standish, MI 48658
Business Money Market
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
First State Bank (MI)
Institution Rating:
A+5.0 ★ Texas Ratio: 1.41%
16100 E 9 Mile Rd, Eastpointe, MI 48021
Money Market
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
On balances $25,000+
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
328 S Saginaw St, Flint, MI 48502
Relationship Money Market Account
3.45%
$0
▼
Rate3.40%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Non-Relationship Rate
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
3777 West Rd, East Lansing, MI 48823 8029
Business IMMA - Tier 7
3.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
3777 West Rd, East Lansing, MI 48823 8029
Business IMMA - Tier 8
3.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
3777 West Rd, East Lansing, MI 48823 8029
Business IMMA - Tier 9
3.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
ELGA Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.21%
2303 S Center Rd, Burton, MI 48519 1147
Business Money Market Account
3.30%
$0
▼
Rate3.25%
Min Deposit$0
Min Balance—
UpdatedMar 13, 2026
Details
Forest Area Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.84%
638 Boyd St, Fife Lake, MI 49633 9333
Money Market
3.30%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
Lake Trust Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.40%
1 Energy Plz # 230, Detroit, MI 48226
Money Market Premium
3.30%
$1,000
▼
Rate—
Min Deposit$1,000
Min Balance—
UpdatedMar 17, 2026
Details
Membership Savings Account is required to establish membership. No minimum balance required to earn dividends Monthly $10 fee; waived with minimum $1,000 daily account balance. Free Online and Mobile Banking Free checks No minimum withdrawal amount Tiered interest rate based on balance Interest compounded monthly Interest compounded monthly
Selfreliance Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.56%
11756 Charest St, Hamtramck, MI 48212
Money Market Accounts
3.29%
$0
▼
Rate3.25%
Min Deposit$0
Min Balance—
UpdatedMar 11, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
3777 West Rd, East Lansing, MI 48823 8029
IRA-HSA IMMA - Tier 9
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Community Financial Credit Union Plymouth, MI
Institution Rating:
A5.0 ★ Texas Ratio: 8.20%
500 S HARVEY ST, PLYMOUTH, MI 48170 1759
Money Market
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
3777 West Rd, East Lansing, MI 48823 8029
IRA-HSA IMMA - Tier 8
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
3777 West Rd, East Lansing, MI 48823 8029
IRA-HSA IMMA
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Horizon Bank Michigan City, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 2.79%
220 S Main St, Standish, MI 48658
Money Market
3.25%
$25
▼
Rate—
Min Deposit$25
Min Balance—
UpdatedMar 20, 2026
Details
$49,999.01 - $499,999
Horizon Bank Michigan City, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 2.79%
220 S Main St, Standish, MI 48658
Money Market Account
3.25%
$25
▼
Rate—
Min Deposit$25
Min Balance—
UpdatedMar 20, 2026
Details
Limited-time offer
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
3777 West Rd, East Lansing, MI 48823 8029
IMMA - Tier 9
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
3777 West Rd, East Lansing, MI 48823 8029
IRA-HSA IMMA - Tier 7
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Dort Financial Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.65%
9048 HOLLY RD, GRAND BLANC, MI 48439
Public Funds Money Market
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
3777 West Rd, East Lansing, MI 48823 8029
IMMA
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
3777 West Rd, East Lansing, MI 48823 8029
IMMA - Tier 8
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
UNIFY Financial Federal Credit Union
Institution Rating:
B4.4 ★ Texas Ratio: 21.76%
Toyota Technical Center, Saline, MI 48176
Money Market Plus Account
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details
Dfcu Financial Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.05%
400 Town Center Dr, Dearborn, MI 48126
Premier Money Market
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 13, 2026
Details
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.68%
3777 West Rd, East Lansing, MI 48823 8029
IMMA - Tier 7
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.47%
4866 Alpine Ave NW, Comstock Park, MI 49321 8579
Max Money Market
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
$250,000 - $999,999
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
328 S Saginaw St, Flint, MI 48502
High-Yield Money Market
3.20%
$25,000
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMar 20, 2026
Details
Minimum of $25,000 not currently deposited at Huntington.
Dfcu Financial Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.05%
400 Town Center Dr, Dearborn, MI 48126
Premier Money Market
3.15%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 13, 2026
Details
Filer Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.71%
1117 28th St, Manistee, MI 49660
MONEY MARKET SHARE
3.04%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMar 16, 2026
Details
Polish American Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 10.29%
2889 E Maple Rd, Troy, MI 48083
Money Market Account
3.04%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details
Genisys Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.03%
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947
Jumbo Money Market
3.04%
$0
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Superior National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.54%
235 Quincy St, Hancock, MI 49930
Business Money Market
3.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details
1166 Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.34%
2900 Charlevoix Dr, Grand Rapids, MI 49546
Money Market Plus
3.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
Dfcu Financial Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.05%
400 Town Center Dr, Dearborn, MI 48126
Business Insured Money Market
3.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 13, 2026
Details
Ukrainian Selfreliance Michigan Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.10%
26791 Ryan Rd, Warren, MI 48091 4073
Money Market
3.00%
$0
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details
1166 Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.34%
2900 Charlevoix Dr, Grand Rapids, MI 49546
Money Market Plus Accounts
3.00%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMar 16, 2026
Details
2 free withdrawals monthly***
Community West Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.93%
3089 44th St SW, Grandville, MI 49418 2501
Money Market
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
CASE Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.59%
4316 S Pennsylvania Ave, Lansing, MI 48910
Money Management Account (MMA)
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details
$500,000 Minimum Balance
LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.47%
4866 Alpine Ave NW, Comstock Park, MI 49321 8579
Max Money Market
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
$100,000 - $249,999
Kalsee Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.26%
5220 Lovers Ln Ste 200, Portage, MI 49002
Business Money Markets
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Superior National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.54%
235 Quincy St, Hancock, MI 49930
Personal Money Market
3.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details
Horizon Bank Michigan City, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 2.79%
220 S Main St, Standish, MI 48658
Money Market Account
3.00%
$25
▼
Rate—
Min Deposit$25
Min Balance—
UpdatedMar 20, 2026
Details
Limited-time offer
First State Bank (MI)
Institution Rating:
A+5.0 ★ Texas Ratio: 1.41%
16100 E 9 Mile Rd, Eastpointe, MI 48021
Business Money Market
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Horizon Bank Michigan City, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 2.79%
220 S Main St, Standish, MI 48658
Business Money Market
3.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
First State Bank (MI)
Institution Rating:
A+5.0 ★ Texas Ratio: 1.41%
16100 E 9 Mile Rd, Eastpointe, MI 48021
Purpose Money Market Account
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Citizens Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
777 Woodward Ave, Detroit, MI 48226
Citizens Private Client® Money Market
3.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details
Get up to 3.00% APY with preferred rates or up to 0.15% APY with standard rates
Horizon Bank Michigan City, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 2.79%
220 S Main St, Standish, MI 48658
Money Market
3.00%
$25
▼
Rate—
Min Deposit$25
Min Balance—
UpdatedMar 20, 2026
Details
$499,999.01 or greater
Diversified Members Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.57%
1480 E Jefferson Ave, Detroit, MI 48207
Money Market
2.95%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
Everwise Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.93%
1500 S 11th St, Niles, MI 49120
Ultra Money Market
2.93%
$0
▼
Rate2.89%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details
Dfcu Financial Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.05%
400 Town Center Dr, Dearborn, MI 48126
Premier Money Market
2.85%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 13, 2026
Details
Citizens Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
777 Woodward Ave, Detroit, MI 48226
Citizens Quest® Money Market
2.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details
Get up to 2.75% Annual Percentage Yield (APY) with preferred rates or up to 0.03% APY with standard rates.
Nicolet Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.86%
S216 Menominee St, Stephenson, MI 49887
MVP Money Market Account (MVP MMA)
2.55%
$0
▼
Rate2.52%
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details
Union Bank Grand Rapids, MI
Institution Rating:
A5.0 ★ Texas Ratio: 13.86%
670 Cascade West Pkwy Se, Grand Rapids, MI 49546
Universal Money Market
2.53%
$100
▼
Rate—
Min Deposit$100
Min Balance—
UpdatedMar 15, 2026
Details
Union Bank Grand Rapids, MI
Institution Rating:
A5.0 ★ Texas Ratio: 13.86%
670 Cascade West Pkwy Se, Grand Rapids, MI 49546
UB Cannabis Money Market
2.53%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details
Union Bank Grand Rapids, MI
Institution Rating:
A5.0 ★ Texas Ratio: 13.86%
670 Cascade West Pkwy Se, Grand Rapids, MI 49546
UB Business Money Market
2.53%
$100
▼
Rate—
Min Deposit$100
Min Balance—
UpdatedMar 15, 2026
Details
IncredibleBank
Institution Rating:
A5.0 ★ Texas Ratio: 11.55%
101 W B St, Iron Mountain, MI 49801
Business Money Market
2.53%
$0
▼
Rate2.50%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Lake-Osceola State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.18%
790 Michigan Ave, Baldwin, MI 49304
Money Market Account (Tiered Rate)
2.53%
$0
▼
Rate2.50%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
IncredibleBank
Institution Rating:
A5.0 ★ Texas Ratio: 11.55%
101 W B St, Iron Mountain, MI 49801
InFocusPersonal Money Market
2.53%
$0
▼
Rate2.50%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
First State Bank (MI)
Institution Rating:
A+5.0 ★ Texas Ratio: 1.41%
16100 E 9 Mile Rd, Eastpointe, MI 48021
Purpose Money Market Account
2.50%
$0
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
First State Bank (MI)
Institution Rating:
A+5.0 ★ Texas Ratio: 1.41%
16100 E 9 Mile Rd, Eastpointe, MI 48021
Business Money Market
2.50%
$0
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Superior National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.54%
235 Quincy St, Hancock, MI 49930
Business Money Market
2.40%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details
Superior National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.54%
235 Quincy St, Hancock, MI 49930
Personal Money Market
2.40%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details
Nicolet Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.86%
S216 Menominee St, Stephenson, MI 49887
MVP Money Market Account (MVP MMA)
2.35%
$0
▼
Rate2.33%
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details
Isabella Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.73%
139 E Broadway St, Mount Pleasant, MI 48858
Premium Money Market
2.29%
$0
▼
Rate2.27%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
IncredibleBank
Institution Rating:
A5.0 ★ Texas Ratio: 11.55%
101 W B St, Iron Mountain, MI 49801
InFocusPersonal Money Market
2.28%
$0
▼
Rate2.25%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Isabella Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.73%
139 E Broadway St, Mount Pleasant, MI 48858
Premium Money Market
2.24%
$0
▼
Rate2.22%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Nicolet Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.86%
S216 Menominee St, Stephenson, MI 49887
MVP Money Market Account (MVP MMA)
2.10%
$0
▼
Rate2.08%
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details
Nicolet Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.86%
S216 Menominee St, Stephenson, MI 49887
MVP Money Market Account (MVP MMA)
2.05%
$0
▼
Rate2.03%
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details
Union Bank Grand Rapids, MI
Institution Rating:
A5.0 ★ Texas Ratio: 13.86%
670 Cascade West Pkwy Se, Grand Rapids, MI 49546
UB Cannabis Money Market
2.02%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details
Union Bank Grand Rapids, MI
Institution Rating:
A5.0 ★ Texas Ratio: 13.86%
670 Cascade West Pkwy Se, Grand Rapids, MI 49546
UB Business Money Market
2.02%
$100
▼
Rate—
Min Deposit$100
Min Balance—
UpdatedMar 15, 2026
Details
Lake-Osceola State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.18%
790 Michigan Ave, Baldwin, MI 49304
Money Market Account (Tiered Rate)
2.02%
$0
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
IncredibleBank
Institution Rating:
A5.0 ★ Texas Ratio: 11.55%
101 W B St, Iron Mountain, MI 49801
InFocusPersonal Money Market
2.02%
$0
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
IncredibleBank
Institution Rating:
A5.0 ★ Texas Ratio: 11.55%
101 W B St, Iron Mountain, MI 49801
Business Money Market
2.02%
$0
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Union Bank Grand Rapids, MI
Institution Rating:
A5.0 ★ Texas Ratio: 13.86%
670 Cascade West Pkwy Se, Grand Rapids, MI 49546
Universal Money Market
2.02%
$100
▼
Rate—
Min Deposit$100
Min Balance—
UpdatedMar 15, 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 Michigan 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.
Methodology & Data Sources
Direct-Sourced & Verified Money Market Rate Data: We aggregate money market account rates for Michigan 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 Michigan. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in MI.
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 Michigan
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 Michigan.
Are Money Market accounts in Michigan 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 Michigan up to $250,000 per depositor, per institution.
How often do MMA rates change in Michigan?
Money market rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Michigan 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 Michigan
Here are some of the highest money market account APYs currently available in Michigan:
- New England Federal Credit Union
Essential Money Market — 4.50% APY - Community Financial Credit Union Plymouth, MI
Money Market — 4.20% APY - Community Choice Credit Union
Business Money Market — 4.10% APY - LMCU Lake Michigan Credit Union
Max Money Market — 4.05% APY - Dort Financial Credit Union
Public Funds Money Market — 4.00% APY
Money Market Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Michigan. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 20, 2026
Cities in Michigan
