Manchester, Minnesota Money Market Rates - October 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Manchester, Minnesota money market account rates from banks and credit unions serving Minnesota range from 2.52% to 4.00% APY, verified by MonitorBankRates as of October 23, 2026. Current Manchester, Minnesota and the surrounding area money market deposit account rates include South Metro Federal Credit UnionSouth Metro Federal Credit UnionA+5.0 ★Texas Ratio: 4.52%Real return: +0.30%APY minus 3.7% CPIRate verified Oct 23, 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: +0.06%APY minus 3.7% CPIRate verified Oct 21, 2026 Premium Money Market Business at 3.76% APY, Federated Employees Credit UnionFederated Employees Credit UnionA+5.0 ★Texas Ratio: 0.81%Real return: +0.01%APY minus 3.7% CPIRate verified Oct 19, 2026 Money Market at 3.71% APY, Security State Bank of MarineSecurity State Bank of MarineA+5.0 ★Texas Ratio: 0.92%Real return: -0.14%APY minus 3.7% CPIRate verified Oct 21, 2026 Money Market Platinum at 3.56% APY, and Accentra Credit UnionAccentra Credit UnionA5.0 ★Texas Ratio: 8.90%Real return: -0.17%APY minus 3.7% CPIRate verified Oct 19, 2026 Money Market Account at 3.53% APY. Money market rates as of October 23, 2026 according to verified data from MonitorBankRates.
Manchester is a smaller community with no bank or credit union branches currently in our database. 150 institutions serving the Minnesota area are available to Manchester residents, with money market rates as high as 4.00% APY from South Metro Federal Credit Union. Rates are continually updated, so we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in Manchester, Minnesota and surrounding area. Last Updated and Verified: October 23, 2026
Compare the Best Money Market Rates Today in Manchester, Minnesota & the Surrounding Area
Balance: $500,000 and Over; Elite Wealth accounts require a minimum of $250,000 on deposit
Balance: Up to $3,000,000.00
Balance: Up to $3,000,000.00; Account is limited to six (6) debit transactions per month
Balance: $500,000 and Over
Balance: $75,000 or more; Dividends compounded and paid monthly; 3 withdrawals per month, minimum $500, $15 fee for each additional withdrawal
- Oct 9, 20263.71%▲ from 3.55%
- Sep 14, 20263.55%first recorded
Balance: Up to $499,999.99; Elite Wealth accounts require a minimum of $250,000 on deposit
Balance: $500,000
Special rate; Interest Compounded: At Maturity
Balance: $1,000,000 - $4,999,999.99; Minimum balance to obtain APY: $0.01; Fees could reduce earnings on the account, including IRA/HSA transfer fees; rate and APY may change after account opening
Balance: $5,000,000+
Balance: $250,000 and over; $10,000 average ledger balance required to avoid $10 monthly service charge; APY accurate as of 10/19/2026 and may change after account opening
Balance: $1,000,000 - $4,999,999.99; Daily balance; Minimum Balance to Obtain APY: $0.01; Fees could reduce earnings on the account; Interest rate and APY may change after account opening
Balance: $1,000,000 - $4,999,999.99; Minimum balance to obtain APY: $0.01 daily balance
Balance: $1,000,000 and over; Variable rate account; Interest compounded monthly
Balance: $0.00 - $25,000.00; If requirements are met (direct deposit of $500 minimum each month and enrollment in digital statements); Compound Frequency: Monthly
- Oct 13, 20263.50%▲ from 0.10%
- Sep 14, 20260.10%first recorded
Balance: Up to $499,999.99
Balance: Up to $249,999.99; Elite Wealth accounts require a minimum of $250,000 on deposit
Balance: $15,000+; Intro rate
- Oct 10, 20263.50%▲ from 1.25%
- Sep 14, 20261.25%first recorded
Balance: $5,000,000 And Greater
Balance: $50,000.00 or more; Indexed to 3-month US Treasury rate minus 0.50% margin; APY current as of 10/01/26; maximum APY will not exceed 5%
Balance: $2,500,000.00 and over; Valid with $100,000.00 of Money Not Already on Deposit Required to Enter this Product; Rates current as of June 2, 2026
Balance: $50,000 - $74,999.99; Dividends compounded and paid monthly; 3 withdrawals per month, minimum $500, $15 fee for each additional withdrawal
- Oct 9, 20263.45%▲ from 3.19%
- Sep 14, 20263.19%first recorded
Balance: $25,000 to $49,999.99; New clients only; requires $25,000 deposit within 30 days of opening and daily balance of at least $25,000 to maintain rate (ZIP 55402)
Balance: $1,000,000 and over; Minimum balance required to earn stated rate is $20,000; Rate may change after account is opened
Balance: $25,000.00 to $2,000,000.99; Requires an open Huntington Perks Checking account; Minimum balance to earn interest is $25,000.00 and must be new money to Huntington
Balance: $25,000.00 to $2,000,000.99; Requires an open Huntington Platinum Perks Checking account; Minimum balance to earn interest is $25,000.00 and must be new money to Huntington
Balance: $500,000 - $999,999.99; Daily balance; Minimum Balance to Obtain APY: $0.01; Fees could reduce earnings on the account; Interest rate and APY may change after account opening
Balance: $500,000 - $999,999.99; Minimum balance to obtain APY: $0.01 daily balance
Balance: $500,000 - $999,999.99; Minimum balance to obtain APY: $0.01; Fees could reduce earnings on the account, including IRA/HSA transfer fees; rate and APY may change after account opening
Balance: $45,000+; Average daily balance
Balance: $500,000 and above; Tiered rates based on account balance; E-statements required
Balance: $500,000 and above; $0.01 minimum daily balance to earn APY; rates variable; no monthly service charges with electronic statements
Balance: $1,000,000.00 - $2,499,999.99; Valid with $100,000.00 of Money Not Already on Deposit Required to Enter this Product; Rates current as of June 2, 2026
Balance: $25,000 and greater; An alternative to a savings account; Write checks from this account
Balance: $200,000 and over
- Oct 9, 20263.25%▲ from 3.00%
- Sep 14, 20263.00%first recorded
Balance: $5,000,000 or more; Rates current as of 1/26/2026
Balance: $3,000,000 - $4,999,999.99
Balance: $5,000,000.00 or more; Variable rate account
Balance: $5,000,000.00 or more
Balance: $1,000,000 - $4,999,999.99
Balance: $250,000+; Monthly service charge $10 if balance falls below $10,000; up to 6 withdrawals per month
- Oct 3, 20263.20%▲ from 3.04%
- Sep 14, 20263.04%first recorded
Balance: $500,000 and over; Variable rate account; Interest compounded monthly
Balance: $100,000 and Over
Balance: $25,000 - $49,999.99; Dividends compounded and paid monthly; 3 withdrawals per month, minimum $500, $15 fee for each additional withdrawal
- Oct 9, 20263.19%▲ from 2.93%
- Sep 14, 20262.93%first recorded
Balance: $2,500,000 - $4,999,999.99; Rates current as of 1/26/2026
Balance: $500,000.00 - $999,999.99; Valid with $100,000.00 of Money Not Already on Deposit Required to Enter this Product; Rates current as of June 2, 2026
Balance: $250,000 - $499,999.99; Daily balance; Minimum Balance to Obtain APY: $0.01; Fees could reduce earnings on the account; Interest rate and APY may change after account opening
Balance: $250,000 - $499,999.99; Minimum balance to obtain APY: $0.01 daily balance
Balance: $250,000 - $499,999.99; Minimum balance to obtain APY: $0.01; Fees could reduce earnings on the account, including IRA/HSA transfer fees; rate and APY may change after account opening
Interest Compounded: Monthly
Balance: $750,000 - $999,999.99; Minimum balance required to earn stated rate is $20,000; Rate may change after account is opened
Balance: $500,000 tier and up; Dividends compounded monthly
Balance: $100,000 and up; Compounding: Monthly
Balance: $250,000 - $499,999
Balance: $1,000,000 and over; Minimum balance of $250,000 required to earn dividends
Balance: $25,000.00 - $99,999.99; Payment Frequency: Monthly; Interest paid on entire balance in account
Balance: $1,000,000 and over; Minimum amount to open is $1,000
Balance: $1,000,000 and over; Minimum daily balance of $1,000 to obtain the disclosed APY; Compounded monthly
Balance: $100,000 - $249,999.99; Daily balance; Minimum Balance to Obtain APY: $0.01; Fees could reduce earnings on the account; Interest rate and APY may change after account opening
Balance: $100,000 - $249,999.99; Minimum balance to obtain APY: $0.01 daily balance
Balance: $100,000 - $249,999.99; Minimum balance to obtain APY: $0.01; Fees could reduce earnings on the account, including IRA/HSA transfer fees; rate and APY may change after account opening
Minimum Balance For Dividends: $100,000
Balance: $25,000 and over; Compound Frequency: Monthly
Balance: $25,000.01 and over; If requirements are met (direct deposit of $500 minimum each month and enrollment in digital statements); Compound Frequency: Monthly
Balance: $1,000,000 - $2,499,999.99; Rates current as of 1/26/2026
Balance: $1,000,000 or more
Balance: $1,000,000 - $2,999,999.99
Balance: $100,000 - $249,999.99; Maintenance Fee/Minimum Balance: $10 if less than $2,500
Balance: $100,000 - $249,999.99; Maintenance Fee/Minimum Balance: $10 if less than $2,500; Tier VI
Balance: $.01 - $499.99; Maintenance Fee/Minimum Balance: $0; Tier I
Balance tier: $500,000 minimum for APY
- Oct 20, 20262.99%▲ from 2.94%
- Oct 3, 20262.94%▲ from 2.78%
- Sep 19, 20262.78%▲ from 2.63%
- Sep 14, 20262.63%first recorded
Balance: $100,000 and over; Variable rate account; Interest compounded monthly
Balance: $250,000.00 - $499,999.99; Valid with $100,000.00 of Money Not Already on Deposit Required to Enter this Product; Rates current as of June 2, 2026
Balance: $500,000 - $749,999.99; Minimum balance required to earn stated rate is $20,000; Rate may change after account is opened
$25,000 minimum balance requirement to obtain APR/APY
Balance tier: $250,000 minimum for APY
- Oct 20, 20262.89%▲ from 2.84%
- Oct 3, 20262.84%▲ from 2.68%
- Sep 19, 20262.68%▲ from 2.53%
- Sep 14, 20262.53%first recorded
Balance: $750,000 - $999,999.99; Minimum balance of $250,000 required to earn dividends
Tier 5; Balance: $250,000 & Over
Balance: $100,000 and over; $10,000 average ledger balance required to avoid $10 monthly service charge; APY accurate as of 10/19/2026 and may change after account opening
Balance tier: $100,000 minimum for APY
- Oct 20, 20262.78%▲ from 2.73%
- Oct 3, 20262.73%▲ from 2.58%
- Sep 19, 20262.58%▲ from 2.43%
- Sep 14, 20262.43%first recorded
Balance: $150,000.00-10,000,000.00
Balance: $250,000 - $499,999.99; Tiered rates based on account balance; E-statements required
Balance: $250,000 to $499,999.99; $0.01 minimum daily balance to earn APY; rates variable; no monthly service charges with electronic statements
Balance: $10,000 - $24,999.99; Dividends compounded and paid monthly; 3 withdrawals per month, minimum $500, $15 fee for each additional withdrawal
- Oct 9, 20262.78%▲ from 2.52%
- Sep 14, 20262.52%first recorded
Balance: $0 to $74,999.99; Elite Wealth accounts require a minimum of $250,000 on deposit
Balance: $100,000 - $199,999
- Oct 9, 20262.75%▲ from 2.50%
- Sep 14, 20262.50%first recorded
Balance: $200,000 tier and up; Dividends compounded monthly
Balance: $500,000 - $999,999.99; Rates current as of 1/26/2026
Balance: $500,000 - $999,999.99
Balance: $100,000+
Balance: $750,000 - $999,999.99
Balance: $2,500,000.00 - $4,999,999.99; Variable rate account
Balance: $2,500,000.00 - $4,999,999.99
Balance: $25,000.00 - $2,000,000.99; Huntington Relationship Money Market Account; APY range 2.70%-3.75% and rate range 2.67%-3.69% based on zip code; variable rate; minimum $25,000 new money to open
Balance: $100,000.00 - $249,999.99; Valid with $100,000.00 of Money Not Already on Deposit Required to Enter this Product; Rates current as of June 2, 2026
Balance: $5,000 and over; Variable rate account; Interest compounded monthly
Balance: $250,000 - $499,999.99; Minimum balance required to earn stated rate is $20,000; Rate may change after account is opened
Balance: $500,000 - $749,999.99; Minimum balance of $250,000 required to earn dividends
Balance: $250,000 & UP
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.
Manchester, MN Money Market Rate Trends
Compare local Manchester, 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 fell 0.010 points over the past 7 days to 2.939% APY.
Minnesota standard MMA rates rose 0.012 points over the past 7 days to 0.811% APY.
Manchester, Minnesota Money Market Rate Forecast, Next 12 Months
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 to 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 2.939% 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 to 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 Manchester, Minnesota.
Money Market Account Earnings in Manchester, 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 (2.939% APY) | Monthly Earnings | Standard MMA (0.811% APY) | Monthly Earnings |
|---|---|---|---|---|
| $10,000 | $293.90 / year | $24.49 | $81.07 / year | $6.76 |
| $25,000 | $734.75 / year | $61.23 | $202.67 / year | $16.89 |
| $50,000 | $1,469.50 / year | $122.46 | $405.35 / year | $33.78 |
| $100,000 | $2,939.00 / year | $244.92 | $810.70 / year | $67.56 |
| 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: Manchester, Minnesota money market rate averages as of October 25, 2026. | ||||
Available in Manchester, Minnesota Area
About Our Manchester, Minnesota Money Market Rate Database
MonitorBankRates tracks money market rate offers from 50 banks and credit unions available to Manchester, Minnesota residents via statewide and national offers. No branch locations physically in Manchester are currently in our database, but all listed offers are open to Manchester depositors. 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 to 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: South Metro Federal Credit Union offers a money market account at 4.00% APY with a minimum deposit of $2,500. Use the rate table above to compare all current offers in Manchester, Minnesota.
How to Find the Best Money Market Rates in Manchester, Minnesota
What to compare when shopping for a money market account in Manchester, Minnesota
To find the best money market APYs in Manchester, Minnesota, start with credit unions and online-only banks: Manchester, 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 to $25,000, with lower rates (or monthly fees) below that threshold. The current MN high-yield money market average is 2.939% but top local institutions are offering as high as 4.00%, so shopping around pays off.
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.
When a Money Market Account Makes Sense
- Emergency fund with flexibility: You get savings-level yields plus limited check-writing and debit access. Manchester, Minnesota high-yield money market rates currently average 2.939% APY, far above a typical checking account.
- Larger balances ($10,000+): Many MMAs pay tiered rates that rise with your balance, so bigger deposits often earn more than they would in a standard savings account.
- Parking cash between investments: A high-yield money market account at Manchester, Minnesota institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 50 institutions in Manchester, Minnesota report money market rates to our database.
- No rate lock-in risk: Unlike a CD, your rate moves up with the market if rates rise further.
Consider an Alternative If…
- You want a locked-in, guaranteed return Manchester, Minnesota CD rates
- You don’t need check writing and want a lower minimum Manchester, Minnesota savings rates
- You need daily transaction access Manchester, Minnesota checking rates
Minnesota Financial Snapshot
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 2.939%, saving 10% of the local median salary ($5,083/year) would earn an additional $149 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Money Market Accounts vs. Other Manchester, Minnesota Options
How money market deposit accounts compare to other deposit products available at banks and credit unions in Manchester, Minnesota.
| Feature | Money Market | High-Yield Savings | Standard Savings | CD (12-Month) |
|---|---|---|---|---|
| Current MN Avg APY | 2.939% | View Savings Rates | 0.811%(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 to $2,500 | $0 to $100 | $25 to $100 | $500 to $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 Manchester, Minnesota averages tracked in our database as of October 25, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Manchester, Minnesota Money Market Account Calculator
See how much a money market account can earn you. Enter your deposit, monthly contribution, and time frame, or click any current Manchester, 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.
Money Market & Savings Calculators for Manchester, Minnesota
At MN’s top money market rate of 4.00% from South Metro Federal Credit Union, a $10,000 deposit earns $400 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Manchester, Minnesota earner is roughly $12,700. At 2.939% 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 2.939% 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 Manchester, Minnesota earner makes $50,838/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 2.939% APY.
Retirement PlannerA $25,000 money market balance earning 2.939% APY grows to roughly $44,621 over 20 years with compounding. See how your current savings trajectory lines up with your retirement income needs.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Manchester, 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 Manchester, 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 Manchester, 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.
Frequently Asked Questions about Money Market Accounts in Manchester, Minnesota
What is a Money Market Account (MMA)?
Are Money Market accounts in Manchester, Minnesota safe?
How often do MMA rates change in Manchester, Minnesota?
Can I write checks from a Money Market Account?
How much do I need to deposit to open a money market account in Manchester, Minnesota?
Can I lose money in a Money Market Account?
What is the difference between a Money Market Account and a Money Market Fund?
Do I have to pay taxes on money market account interest?
Are online banks better than local banks in Manchester, Minnesota for money market accounts?
Best Money Market Rates in Manchester, Minnesota
- South Metro Federal Credit Union
ELITE WEALTH Money Market: 4.00% APY - VisionBank Saint Louis Park, MN
Premium Money Market Business: 3.76% APY - Federated Employees Credit Union
Money Market: 3.71% APY - Security State Bank of Marine
Money Market Platinum: 3.56% APY - Accentra Credit Union
Money Market Account: 3.53% APY
Manchester, Minnesota Rates & Resources
