St Paul, Minnesota Money Market Rates - September 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Current money market account rates for St Paul, Minnesota depositors from banks and credit unions serving Minnesota range from 3.51% to 4.00% APY across the five banks and credit unions featured below, verified by MonitorBankRates as of September 28, 2026. Current St Paul, 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: +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, 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, Federated Employees Credit UnionFederated Employees Credit UnionA+5.0 ★Texas Ratio: 0.81%Real return: +0.75%APY minus 2.8% CPI (February 2026) Money Market at 3.55% APY, and Midwest Bank Detroit Lakes, MNMidwest Bank Detroit Lakes, MNA+5.0 ★Texas Ratio: 0.44%Real return: +0.71%APY minus 2.8% CPI (February 2026) Money Market Savings at 3.51% APY. Money market rates as of September 28, 2026 according to verified data from MonitorBankRates.
St Paul is a smaller community with no bank or credit union branches currently in our database. 150 institutions serving the Minnesota area are available to St Paul 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 St Paul, Minnesota and surrounding area. Last Updated and Verified: September 28, 2026
Compare the Best Money Market Rates Today in St Paul, Minnesota & the Surrounding Area
Balance: $500,000 and Over
Balance: Up to $3,000,000.00
Balance: Up to $3,000,000.00
Balance: $500,000 and Over
Balance: $250,000 to $499,999.99
Balance: $500,000
Balance: $75,000 or more
Balance: $1,000,000 - $4,999,999.99
- Sep 27, 20263.51%▲ from 3.50%
- Sep 22, 20263.50%▲ from 3.25%
- Sep 14, 20263.25%first recorded
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. Platinum Money Market: $10,000 average ledger balance required to avoid $10 monthly service charge, CLICK HERE for complete details.
Balance: $1,000,000 - $4,999,999.99 ~++
- Sep 22, 20263.50%▲ from 3.25%
- Sep 14, 20263.25%first recorded
Balance: $1,000,000
Balance: $75,000 to $499,999.99
Balance: $75,000 to $249,999.99
Balance: $15,000+; $15,000+; Intro rate
Balance: $5,000,000 And Greater
Balance: $1,000,000+; Minimum balance required for Premium Money Market Savings to earn stated rate is $20,000. APY is accurate as of specified date.
Balance: $25,000.00 to $2,000,000.99; With Huntington Perks Checking**
Balance: $25,000.00 to $2,000,000.99; With Huntington Platinum Perks Checking***
Balance: $500,000 - $999,999.99 ~++
- Sep 22, 20263.35%▲ from 3.25%
- Sep 14, 20263.25%first recorded
Balance: $500,000 - $999,999.99
- Sep 22, 20263.35%▲ from 3.15%
- Sep 14, 20263.15%first recorded
Balance: $45,000+
Balances of $25,000 and greater
Balance $5,000,000 or more; APY 1
Balance: $3,000,000 - $4,999,999.99
Balance $50,000.00 or more
Balance: $500,000
Balance: $100,000 and Over
Balance: $50,000 - $74,999.99
Balance $2,500,000 - $4,999,999.99; APY 1
Balance: $250,000 - $499,999.99 ~++
- Sep 22, 20263.10%▼ from 3.15%
- Sep 14, 20263.15%first recorded
Balance: $250,000 - $499,999.99
- Sep 22, 20263.10%▲ from 2.85%
- Sep 14, 20262.85%first recorded
Balance: $750,000 - $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.
Balance: $100,000 and up; Compounding: Monthly
Balance: $250,000 - $499,999
Balance: $250,000+
Balance: $1,000,000 and over
Balance: $25,000.00 to $99,999.99; Payment Frequency: Monthly
Balance: $1,000,000 and over
Balance: $1,000,000 and over
Balance: $100,000 - $249,999.99 ~++
- Sep 22, 20263.00%▲ from 2.85%
- Sep 14, 20262.85%first recorded
Balance: $100,000 - $249,999.99
- Sep 22, 20263.00%▲ from 2.75%
- Sep 14, 20262.75%first recorded
Balance: $100,000 and over
Balances of $25,000+
Balances over $25,000; Qualifications Required; If requirements are met
Balance: $200,000+
Balance $1,000,000 - $2,499,999.99; APY 1
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 (effective 2/1/25)
Balance: $.01 - $499.99; Maintenance Fee/Minimum Balance*: $0 (effective 2/1/25)
Balance: $20,000 minimum balance
Balance: $100,000
Balance: $25,000 - $49,999.99
Balance: $500,000 - $749,999.99; Minimum balance required for Premium Money Market Savings to earn stated rate is $20,000. APY is accurate as of specified date.
($25,000 minimum balance requirement to obtain APR/APY)
Balance: $750,000 -$999,999.99
Balance: $250,000.00 or more*
Balance: $250,000 & Over
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. Platinum Money Market: $10,000 average ledger balance required to avoid $10 monthly service charge, CLICK HERE for complete details.
Balance: $500,000 and over
- Sep 19, 20262.78%▲ from 2.63%
- Sep 14, 20262.63%first recorded
Balance: Daily Balances of $150,000.00-10,000,000.00
- Sep 24, 20262.78%▲ from 2.22%
- Sep 14, 20262.22%first recorded
Balance: $100,000.01 and greater
Balance: $0 to $74,999.99
Up to
Balance: $200,000 and over
Balance $500,000 - $999,999.99; APY 1
Balance: $500,000 - $999,999.99
Balance: $100,000+
Balance: $750,000 - $999,999.99
Published APY range: 2.70%-3.75%; Published rate range: 2.67%-3.69%. Rates based on zip code and with a 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. 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. Initial minimum opening deposit to earn interest on the HRMMA is $25,000.00 and must be "New Money" which is defined as money that is not currently on deposit in any Huntington account (except maturing CDs
Balance: $100,000.00 - $249,999.99
Balance: $5,000
Balance: $50,000.01 - $100,000.00
Balance: $250,000 & Over
Balance: $250,000 - $499,999.99
- Sep 19, 20262.68%▲ from 2.53%
- Sep 14, 20262.53%first recorded
Balance: $250,000 - $499,999.99; Minimum balance required for Premium Money Market Savings to earn stated rate is $20,000. APY is accurate as of specified date.
Balance: $250,000.00 or more*; Rate applies to balances of $250,000.00 or more.
Balance: $500,000 - $749,999.99
Balance: $25,000.01 - $50,000.00
Balance: $100,000 - $249,999.99
- Sep 19, 20262.58%▲ from 2.43%
- Sep 14, 20262.43%first recorded
Balance: $2,500 minimum balance
Balance: $500,000.00 - Plus
Balance: $100,000 - $249,999
Balance: $100,000-249,999.99
Balance: Daily Balances of $100,000.00-149,999.99
- Sep 24, 20262.53%▲ from 2.22%
- Sep 14, 20262.22%first recorded
$250,000 & UP
Balance: $50,000 - $99,999.99 ~++
- Sep 22, 20262.50%▲ from 2.25%
- Sep 14, 20262.25%first recorded
Balance: $50,000 - $99,999.99
- Sep 22, 20262.50%▲ from 2.25%
- Sep 14, 20262.25%first recorded
Balance: $500,000 and above
Compounding and Crediting Frequency: Annually & at Maturity; Early Withdrawal Penalties: 6 month loss of interest can be taken from principal
Balance: $40,000 - $99,999.99
- Sep 19, 20262.48%▲ from 2.32%
- Sep 14, 20262.32%first recorded
Balance: $250,000 +
Balance: $250,000+
Compounding and Crediting Frequency: Annually & at Maturity; Early Withdrawal Penalties: 12 month loss of interest can be taken from principal
Balance: $1 - $39,999.99
- Sep 19, 20262.38%▲ from 2.22%
- Sep 14, 20262.22%first recorded
Balance: $250,000.01 and over
Compounding and Crediting Frequency: Annually & at Maturity; Early Withdrawal Penalties: 12 month loss of interest can be taken from principal
Balance: $250,000 and over
Balance: $250,000.00 and over
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.
St Paul, MN Money Market Rate Trends
Compare local St Paul, 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 rose 0.013 points over the past 7 days to 3.073% APY.
Minnesota standard MMA rates fell 0.004 points over the past 7 days to 0.727% APY.
St Paul, 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 2026–2027.
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 3.073% 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 St Paul, Minnesota.
Money Market Account Earnings in St Paul, 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 (3.073% APY) | Monthly Earnings | Standard MMA (0.727% APY) | Monthly Earnings |
|---|---|---|---|---|
| $10,000 | $307.32 / year | $25.61 | $72.71 / year | $6.06 |
| $25,000 | $768.30 / year | $64.02 | $181.78 / year | $15.15 |
| $50,000 | $1,536.60 / year | $128.05 | $363.55 / year | $30.30 |
| $100,000 | $3,073.20 / year | $256.10 | $727.10 / year | $60.59 |
| 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: St Paul, Minnesota money market rate averages as of September 28, 2026. | ||||
Available in St Paul, Minnesota Area
About Our St Paul, Minnesota Money Market Rate Database
MonitorBankRates tracks money market rate offers from 45 banks and credit unions available to St Paul, Minnesota residents via statewide and national offers. No branch locations physically in St Paul are currently in our database, but all listed offers are open to St Paul 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 (1–5), 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 St Paul, Minnesota.
How to Find the Best Money Market Rates in St Paul, Minnesota
What to compare when shopping for a money market account in St Paul, Minnesota
To find the best money market APYs in St Paul, Minnesota, start with credit unions and online-only banks: St Paul, 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 3.073% 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. St Paul, Minnesota high-yield money market rates currently average 3.073% 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 St Paul, Minnesota institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 45 institutions in St Paul, 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 → St Paul, Minnesota CD rates
- You don’t need check writing and want a lower minimum → St Paul, Minnesota savings rates
- You need daily transaction access → St Paul, 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 3.073%, saving 10% of the local median salary ($5,083/year) would earn an additional $156 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Money Market Accounts vs. Other St Paul, Minnesota Options
How money market deposit accounts compare to other deposit products available at banks and credit unions in St Paul, Minnesota.
| Feature | Money Market | High-Yield Savings | Standard Savings | CD (12-Month) |
|---|---|---|---|---|
| Current MN Avg APY | 3.073% | View Savings Rates | 0.727%(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 St Paul, Minnesota averages tracked in our database as of September 28, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
St Paul, 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 St Paul, 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 St Paul, 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 St Paul, Minnesota earner is roughly $12,700. At 3.073% 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 3.073% 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 St Paul, Minnesota earner makes $50,838/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 3.073% APY.
Retirement PlannerA $25,000 money market balance earning 3.073% APY grows to roughly $45,799 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 St Paul, 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 St Paul, 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 St Paul, 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 St Paul, Minnesota
What is a Money Market Account (MMA)?
Are Money Market accounts in St Paul, Minnesota safe?
How often do MMA rates change in St Paul, Minnesota?
Can I write checks from a Money Market Account?
How much do I need to deposit to open a money market account in St Paul, 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 St Paul, Minnesota for money market accounts?
Best Money Market Rates in St Paul, 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 - Security State Bank of Marine
Money Market Platinum: 3.56% APY - Federated Employees Credit Union
Money Market: 3.55% APY - Midwest Bank Detroit Lakes, MN
Money Market Savings: 3.51% APY
St Paul, Minnesota Rates & Resources
