Best Money Market Rates in Perham, Minnesota - July 2026
Brian McKay
Brian McKay
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Current Perham, Minnesota and the surrounding area money market deposit account rates include South Metro Federal Credit UnionSouth Metro Federal Credit UnionA+5.0 ★Texas Ratio: 2.84% ELITE WEALTH Money Market Savings at 4.00% APY, Security State Bank of MarineSecurity State Bank of MarineA+5.0 ★Texas Ratio: 0.11% Money Market Platinum at 3.56% APY, TruStone Financial Credit UnionTruStone Financial Credit UnionA+5.0 ★Texas Ratio: 5.11% Business High-Yield Money Market at 3.50% APY, VisionBank Saint Louis Park, MNVisionBank Saint Louis Park, MNA5.0 ★Texas Ratio: 12.22% Premium Money Market Business at 3.50% APY, and North Shore Bank of CommerceNorth Shore Bank of CommerceA+5.0 ★Texas Ratio: 2.16% Preferred Investment Max | Money Market at 3.50% APY. Money market rates as of July 11, 2026 according to verified data from MonitorBankRates.
Perham is a smaller community with no bank or credit union branches currently in our database. 150 institutions serving the Minnesota area are available to Perham residents, with money market rates as high as 4.00% APY from South Metro Federal Credit Union. Rates are continually updated — we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in Perham, Minnesota and surrounding area. Last Updated and Verified: July 11, 2026
Compare the Best Money Market Rates Today in Perham, Minnesota & the Surrounding Area
Up to $3,000,000.00
Up to $3,000,000.00
Tier: $5,000,000 And Greater
Tier: $3,000,000 - $4,999,999.99
Rate is based on the 3-month US Treasury rate minus a margin of 0.50%. Maximum APY will not exceed 5%.
Special interest rate for balances between $25,000.00 to $2,000,000.99. Variable rate and subject to change at any time. Balances $2,000,001.00 and above currently earn 0.25% (0.25% APY). Balances below $25,000.00 do not earn interest and may be subject to a $25.00 per month maintenance fee. 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. We also reserve the right to limit acceptance of deposits greater than $2,000,000.00. Not valid with any other offer.
Variable rate; based on your zip code. Balances $2,000,001.00 and above currently earn 0.25% (0.25% APY). Balances below $25,000.00 do not earn interest. 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.
Earn interest based on your account balance: $250,000+
Balance range: $25,000.00 to $99,999.99
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.?
Tier: $1,000,000 - $2,999,999.99
($25,000 minimum balance requirement to obtain APR/APY)
Daily Balances of $150,000.00-10,000,000.00
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.?
Tier: $750,000 - $999,999.99
Up to
Earn interest based on your account balance: $100,000-249,999.99
Daily Balances of $100,000.00-149,999.99
Tier: $500,000 - $749,999.99
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.?
First $100 earns rate equal to $2500 - $9,999.99 tier paid for High Yield Money Market.
Balance Needed to Obtain APY: $250,000.01 and over
APY = Annual Percentage Yield.
Qualifying balance up to $499,999.00
Daily Balances of $50,000.00-99,999.99
Daily Balances up to $49,999.99
First $100 earns rate equal to $2500 - $9,999.99 tier paid for High Yield Money Market.
Qualifying balance up to $50,000.00
Earn interest based on your account balance: $25,000-99,999.99
$50,000 and Above
Qualifying balance up to $249,999.00
Qualifying balance up to $99,999.00
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.
Perham, MN Money Market Rate Trends
Compare local Perham, 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 0.018 points over the past 7 days to 3.102% APY.
Minnesota standard MMA rates rose 0.016 points over the past 7 days to 1.104% APY.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Perham, 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 Perham, 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 Perham, 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 Perham, Minnesota
What is a Money Market Account (MMA)?
Are Money Market accounts in Perham, Minnesota safe?
How often do MMA rates change in Perham, Minnesota?
Can I write checks from a Money Market Account?
How much do I need to deposit to open a money market account in Perham, Minnesota?
Best Money Market Rates in Perham, Minnesota
- South Metro Federal Credit Union
ELITE WEALTH Money Market Savings — 4.00% APY - Security State Bank of Marine
Money Market Platinum — 3.56% APY - TruStone Financial Credit Union
Business High-Yield Money Market — 3.50% APY - VisionBank Saint Louis Park, MN
Premium Money Market Business — 3.50% APY - North Shore Bank of Commerce
Preferred Investment Max | Money Market — 3.50% APY
