Best Money Market Rates in Rochester, Minnesota - July 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Current Rochester, Minnesota and the surrounding area money market deposit account rates include Old National BankOld National Bank45 28th St Se, Rochester, MN 55904A+5.0 ★Texas Ratio: 5.09% Market Monitor Money Market at 3.25% APY, Foresight BankForesight Bank1921 Highway 52 North, Rochester, MN 55901A+5.0 ★Texas Ratio: 4.40% Money Market at 2.53% APY, Mayo Employees Federal Credit UnionMayo Employees Federal Credit Union130 23rd Ave SW, Rochester, MN 55902A+5.0 ★Texas Ratio: 0.10% Money Market Savings at 2.30% APY, South Metro Federal Credit UnionSouth Metro Federal Credit UnionA+5.0 ★Texas Ratio: 2.84% ELITE WEALTH Money Market Savings at 4.00% APY, and Security State Bank of MarineSecurity State Bank of MarineA+5.0 ★Texas Ratio: 0.11% Money Market Platinum at 3.56% APY. Money market rates as of June 27, 2026 according to verified data from MonitorBankRates.
Rochester has 3 local institutions in our database, with money market rates as high as 3.25% APY from Old National Bank at 45 28th St Se, Rochester, MN 55904. Use the table below to compare all available offers, including options from institutions serving the broader Minnesota area. Rates are continually updated — we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in Rochester, Minnesota and surrounding area. Last Updated and Verified: June 27, 2026
Compare the Best Money Market Rates Today in Rochester, Minnesota & the Surrounding Area
Earn a competitive rate when you open a Market Monitor account with a minimum $20,000 in new money. If you are unable to meet the minimum opening deposit of $20,000 for this competitive new money rate plan, your account will be repriced at our standard Market Monitor rate plan. Rates and tiers for deposit balances are: 3.21% (3.25% APY) if daily collected balance is $20,000 or more; 0.05% (0.05% APY) if daily collected balance is $19,999.99 or less. Offer available at Old National banking centers located in Iowa, Illinois, Indiana, Michigan, Minnesota, North Dakota, Wisconsin, and the Kentucky counties of Daviess, Henderson, Hopkins, Muhlenberg, and Union.
APY = Annual Percentage Yield.
APY = Annual Percentage Yield.
APY = Annual Percentage Yield.
APY = Annual Percentage Yield.
APY = Annual Percentage Yield.
$15,000+
Tier: $5,000,000 And Greater
Up to $3,000,000.00
Up to $3,000,000.00
Tier: $3,000,000 - $4,999,999.99
Variable rate based on zip code. Minimum of $25,000 not currently deposited at Huntington. Get your variable rate after opening a Huntington Relationship Money Market Account when you maintain deposits of $25,000.00 - $2,000,000.99.
Earn interest based on your account balance: $250,000+
APY is variable and may change after account is opened. If fees are applied, earnings may be reduced. Not available for business accounts. There is a $5 fee for each withdrawal over 6 in a monthly statement period.
Elite Money Market Savings*
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
Up to *
Tier: $750,000 - $999,999.99
Daily Balances of $100,000.00-149,999.99
Earn interest based on your account balance: $100,000-249,999.99
Tier: $500,000 - $749,999.99
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
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.
$50,000 and Above
Earn interest based on your account balance: $25,000-99,999.99
Tier: $250,000 - $499,999.99
First $100 earns rate equal to $2500 - $9,999.99 tier paid for High Yield Money Market.
First $100 earns rate equal to $2500 - $9,999.99 tier paid for High Yield Money Market.
Tier: $100,000 - $249,999.99
First $100 earns rate equal to $2500 - $9,999.99 tier paid for High Yield Money Market.
Compounding and Crediting of Interest: Monthly
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.
Rochester, MN Money Market Rate Trends
Compare local Rochester, 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 3.120% APY.
Minnesota standard MMA rates currently average 1.088% APY.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Rochester, 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 Rochester, 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 Rochester, 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 Rochester, Minnesota
What is a Money Market Account (MMA)?
Are Money Market accounts in Rochester, Minnesota safe?
How often do MMA rates change in Rochester, Minnesota?
Can I write checks from a Money Market Account?
How much do I need to deposit to open a money market account in Rochester, Minnesota?
Best Money Market Rates in Rochester, Minnesota
- Old National Bank
Market Monitor Money Market — 3.25% APY - Foresight Bank
Money Market — 2.53% APY - Mayo Employees Federal Credit Union
Money Market Savings — 2.30% APY - South Metro Federal Credit Union
ELITE WEALTH Money Market Savings — 4.00% APY - Security State Bank of Marine
Money Market Platinum — 3.56% APY
