Brian McKay
Current Brooten, Minnesota and the surrounding area money market deposit account rates include Bonanza Valley State BankBonanza Valley State Bank147 Central Ave S, Brooten, MN 56316A+5.0 ★Texas Ratio: 0.59%Real return: -0.70%APY minus 2.8% CPI (February 2026) Money Market at 2.10% APY, Ameriprise FinancialAmeriprise FinancialB+3.8 ★Texas Ratio: 0.33%Real return: +1.20%APY minus 2.8% CPI (February 2026) Ameriprise Insured Money Market Account (AIMMA) at 4.00% APY, South Metro Federal Credit UnionSouth Metro Federal Credit UnionA+5.0 ★Texas Ratio: 1.75%Real return: +1.20%APY minus 2.8% CPI (February 2026) ELITE WEALTH Money Market at 4.00% APY, VisionBank Saint Louis Park, MNVisionBank Saint Louis Park, MNB4.4 ★Texas Ratio: 21.92%Real return: +0.96%APY minus 2.8% CPI (February 2026) Premium Money Market Business at 3.76% APY, and Security State Bank of MarineSecurity State Bank of MarineA+5.0 ★Texas Ratio: 0.92%Real return: +0.76%APY minus 2.8% CPI (February 2026) Money Market Platinum at 3.56% APY. Money market rates as of September 14, 2026 according to verified data from MonitorBankRates.
Brooten has 1 local institution in our database, with money market rates as high as 2.10% APY from Bonanza Valley State Bank at 147 Central Ave S, Brooten, MN 56316. Use the table below to compare all available offers, including options from institutions serving the broader Minnesota area. Rates are continually updated, so we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in Brooten, Minnesota and surrounding area. Last Updated and Verified: September 14, 2026
Rates are subject to daily change. As of December 16, 2025, the rates paid by unaffiliated banks in the program were up to 4.00%.
Annual Percentage Yield (APY) is accurate as of 04/07/2026 and may change after account opening. The APY assumes the funds remain on deposit for one year at the current interest rate. Fees could reduce earnings. $10,000 average ledger balance required to avoid $10 monthly service charge, CLICK HERE for complete details.
$15,000+; Intro rate APY
$15,000+; Intro rate
Balances up to $25,000; If requirements are met
Minimum balance required for Premium Money Market Savings to earn stated rate is $20,000. APY is accurate as of specified date. Rate may change after account is opened.
Balance: $25,000.00 to $2,000,000.99; With Huntington Perks Checking**
Balance: $25,000.00 to $2,000,000.99; Non-Relationship Rate
Daily Balance: $1,000,000 - $4,999,999.99
$1,000,000 - $4,999,999.99 ~++
APY on Rise Money Market is 3.25% on balances of $25,000 and greater. Fees may reduce earnings. Rates are subject to change at any time.
Exclusive indexed rate is based on the 3-month US Treasury rate minus a margin of 0.50%. Maximum APY will not exceed 5%.
Daily Balance: $500,000 - $999,999.99
$500,000 - $999,999.99~++
Minimum balance required for Premium Money Market Savings to earn stated rate is $20,000. APY is accurate as of specified date. Rate may change after account is opened.
If balance falls below $10,000 any day of the month, a $10 monthly service charge will be assessed.
Elite Money Market Savings*
Balances of $25,000+
Balances over $25,000; If requirements are met
APY is current as of 1/26/2026. Last changed 1/26/2026. APY is determined by the account balance. Minimum balance of $.01 to earn APY. APY is accurate as of the last dividend declaration date. Rates may change after the account is opened. Fees could reduce the balance and earnings on the account. Membership required and account opening upon qualification. Other conditions or restriction may apply. Refer to our disclosures and service fees for more information.
Maintenance Fee/Minimum Balance*: $10 if less than $2,500
Maintenance Fee/Minimum Balance*: $10 if less than $2,500
Maintenance Fee/Minimum Balance*: $0
Minimum balance required for Premium Money Market Savings to earn stated rate is $20,000. APY is accurate as of specified date. Rate may change after account is opened.
Balance requirement to obtain APR/APY
Daily Balance: $250,000 - $499,999.99
$250,000 - $499,999.99 ~++
*
Annual Percentage Yield (APY) is accurate as of 04/07/2026 and may change after account opening. The APY assumes the funds remain on deposit for one year at the current interest rate. Fees could reduce earnings. $10,000 average ledger balance required to avoid $10 monthly service charge, CLICK HERE for complete details.
Daily Balances of $150,000.00-10,000,000.00
Daily Balance: $100,000 - $249,999.99
$100,000 - $249,999.99 ~++
Up to
APY is current as of 1/26/2026. Last changed 1/26/2026. APY is determined by the account balance. Minimum balance of $.01 to earn APY. APY is accurate as of the last dividend declaration date. Rates may change after the account is opened. Fees could reduce the balance and earnings on the account. Membership required and account opening upon qualification. Other conditions or restriction may apply. Refer to our disclosures and service fees for more information.
Rates based on zip code. Variable rate. Fees may reduce earnings. When your balance falls into a specific rate tier, your entire balance will earn the applicable rate in effect for that tier. Offer is limited to one per household. Not valid with any other offer. New Money required.
Minimum balance required for Premium Money Market Savings to earn stated rate is $20,000. APY is accurate as of specified date. Rate may change after account is opened.
*
If balance falls below $10,000 any day of the month, a $10 monthly service charge will be assessed.
Daily Balances of $100,000.00-149,999.99
Compounding and Crediting Frequency: Annually & at Maturity; Early Withdrawal Penalties: 6 month loss of interest can be taken from principal
Compounding and Crediting Frequency: Annually & at Maturity; Early Withdrawal Penalties: 12 month loss of interest can be taken from principal
Compounding and Crediting Frequency: Annually & at Maturity; Early Withdrawal Penalties: 12 month loss of interest can be taken from principal
Compare local Brooten, MN money market quotes against the statewide average
Daily money market rate averages tracked across our database of 8,500+ banks and credit unions, updated every evening.
Minnesota high-yield MMA rates currently average 3.037% APY.
Minnesota standard MMA rates rose 0.003 points over the past 7 days to 0.753% APY.
Money market rates move with Federal Reserve policy. Our model uses the current MN high-yield MMA average and a Fed funds spread to project the likely rate trajectory for 2026–2027.
Money market account rates are variable and move in close correlation with the Federal Reserve’s federal funds rate target. Our 12-month forecast is derived from the current MN high-yield money market average of 3.037% APY and a Fed funds spread model calibrated to the historical relationship between policy rate changes and deposit rate adjustments at banks and credit unions.
Key assumptions: the Federal Reserve holds the federal funds rate at its current level over the next 12 months, with the possibility of one 25 basis point increase; deposit rates at banks and credit unions track policy-rate changes within 60–90 days. High-yield money market rates tend to adjust faster than standard branch-based accounts.
Important notice: This forecast is for informational purposes only and should not be used as the sole basis for financial decisions. Rate forecasts carry significant uncertainty. The actual trajectory will depend on Federal Reserve decisions, economic conditions, and competitive dynamics among financial institutions in Brooten, Minnesota.
Annual interest earnings at current MN average APYs, based on the high-yield and standard money market averages tracked in our database. Balances reflect the higher minimums typical of money market accounts. Compounding assumed monthly.
| Balance | HY Money Market (3.037% APY) | Monthly Earnings | Standard MMA (0.753% APY) | Monthly Earnings |
|---|---|---|---|---|
| $10,000 | $303.65 / year | $25.30 | $75.27 / year | $6.27 |
| $25,000 | $759.13 / year | $63.26 | $188.18 / year | $15.68 |
| $50,000 | $1,518.25 / year | $126.52 | $376.35 / year | $31.36 |
| $100,000 | $3,036.50 / year | $253.04 | $752.70 / year | $62.73 |
| Earnings estimates use daily compounding. Actual earnings depend on exact rate, compounding frequency, rate tier, and daily balance maintained. Rates are variable and subject to change. Source: Brooten, Minnesota money market rate averages as of September 16, 2026. | ||||
MonitorBankRates found 1 institution with branches in Brooten, plus 43 additional state-chartered and national online institutions available to Brooten residents. Our proprietary aggregation system pulls verified rate data directly from each institution’s official website, no estimates, no national averages passed off as real offers.
Every rate listed includes the institution’s Safety Grade (A+ to F), Star Rating (1–5), and Texas Ratio, objective financial health metrics calculated from FDIC and NCUA regulatory data, so you can compare yield and institutional safety in one place.
Current top rate: Bonanza Valley State Bank offers a money market account at 2.10% APY. Use the rate table above to compare all current offers in Brooten, Minnesota.
What to compare when shopping for a money market account in Brooten, Minnesota
To find the best money market APYs in Brooten, Minnesota, start with credit unions and online-only banks: Brooten, Minnesota has 20 credit unions in our database, and they consistently offer some of the highest yields because they are member-owned nonprofits with lower overhead than traditional banks.
Always compare the APY (Annual Percentage Yield), not just the interest rate, and pay close attention to balance tiers. Many money market accounts only pay their advertised top rate above a minimum balance of $1,000–$25,000, with lower rates (or monthly fees) below that threshold. The current MN high-yield money market average is 3.037% Use the table above to find the best available offer.
Unlike a CD, money market rates are variable. Your rate can change at any time with Federal Reserve policy. Also check check-writing and debit card limits: most MMAs allow a set number of withdrawals per month, and exceeding the limit can trigger fees. Review your account periodically to ensure your APY remains competitive.
Local demographics and economic context for savers . Source: U.S. Census Bureau (state-level data shown; city data not available)
17.3% of residents are 65 or older, in line with the national average of 17.3%. At today’s MN high-yield money market average of 3.037%, saving 10% of the local median salary ($5,083/year) would earn an additional $154 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
How money market deposit accounts compare to other deposit products available at banks and credit unions in Brooten, Minnesota.
| Feature | Money Market | High-Yield Savings | Standard Savings | CD (12-Month) |
|---|---|---|---|---|
| Current MN Avg APY | 3.037% | View Savings Rates | 0.753%(Standard MMA) | View CD Rates |
| Rate Type | Variable | Variable | Variable | Fixed for term |
| FDIC / NCUA Insured | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K |
| Withdraw Anytime | ✓ Yes | ✓ Yes | ✓ Yes | ✗ Penalty applies |
| Check Writing | ✓ Often yes | ✗ No | ✗ No | ✗ No |
| Debit / ATM Card | ✓ Often yes | Some institutions | ✗ Rarely | ✗ No |
| Typical Min Deposit | $0 – $2,500 | $0 – $100 | $25 – $100 | $500 – $1,000 |
| Rate Risk | Variable, moves with Fed policy | Variable, moves with Fed policy | Variable, moves with Fed policy | None, locked for term |
| Best For | Active savers wanting flexibility + check writing | Emergency fund, short-term goals, parking cash | Everyday saving, low-balance accounts | Locking in a rate for a defined period |
APY data reflects Brooten, Minnesota averages tracked in our database as of September 16, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
See how much a money market account can earn you. Enter your deposit, monthly contribution, and time frame, or click any current Brooten, Minnesota rate on the right to apply it instantly. Interest compounds monthly.
Assumes monthly compounding and a constant APY for the full period. Money market rates are variable and can change at any time, so actual earnings will differ. Estimates are for informational purposes only.
At MN’s top money market rate of 2.10% from Bonanza Valley State Bank, a $10,000 deposit earns $210 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Brooten, Minnesota earner is roughly $12,700. At 3.037% APY in a money market account, saving $1,060/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. Liquid Deposit AccountMinnesota’s high-yield money market average is 3.037% APY, variable, always accessible, and often with check-writing. A local CD may offer a higher fixed yield in exchange for locking in your deposit. Compare both side-by-side to find the better fit for your timeline.
Budget CalculatorBefore you can grow your savings, you need to know how much you can set aside each month. The median Brooten, Minnesota earner makes $50,838/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 3.037% APY.
Retirement PlannerA $25,000 money market balance earning 3.037% APY grows to roughly $45,474 over 20 years with compounding. See how your current savings trajectory lines up with your retirement income needs.
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Brooten, Minnesota money market rate tables are free for consumers to use, and we do not receive payment from any financial institution to be included or to be ranked in any particular order. Listings are based solely on the rates each institution publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Money Market Rate Data: We aggregate money market deposit account rates for Brooten, Minnesota 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 Brooten, Minnesota. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in MN.
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.