Toledo, Ohio Money Market Rates - October 2026
Brian McKay
Brian McKay
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Toledo, Ohio money market account rates range from 0.02% to 4.25% APY, verified by MonitorBankRates as of October 20, 2026. Current Toledo, Ohio and the surrounding area money market deposit account rates include Citizens BankCitizens Bank1460 S Byrne Rd, Toledo, OH 43614A+5.0 ★Texas Ratio: 5.44%Real return: +0.70%APY minus 2.8% CPI (February 2026) Citizens Quest Money Market - Preferred at 3.50% APY, Crescent BankCrescent Bank3454 Oak Alley Ct, Toledo, OH 43606A+5.0 ★Texas Ratio: 3.24%Real return: +0.70%APY minus 2.8% CPI (February 2026) Money Market at 3.50% APY, The Huntington National BankThe Huntington National Bank519 Madison Ave, Toledo, OH 43604A+5.0 ★Texas Ratio: 3.66%Real return: +0.55%APY minus 2.8% CPI (February 2026) Relationship Money Market Account - With Huntington Perks Checking at 3.35% APY, Directions Credit UnionDirections Credit Union3000 Tremainsville Rd, Toledo, OH 43613A+5.0 ★Texas Ratio: 3.08%Real return: -0.22%APY minus 2.8% CPI (February 2026) Business Money Market Account at 2.58% APY, and University of Toledo Federal Credit UnionUniversity of Toledo Federal Credit Union5248 Hill Ave, Toledo, OH 43615 5868A+5.0 ★Texas Ratio: 0.95%Real return: -0.27%APY minus 2.8% CPI (February 2026) Money Market Account at 2.53% APY. Money market rates as of October 20, 2026 according to verified data from MonitorBankRates.
Toledo has 14 local institutions in our database, with money market rates as high as 3.50% APY from Citizens Bank at 1460 S Byrne Rd, Toledo, OH 43614. Use the table below to compare all available offers, including options from institutions serving the broader Ohio area. Rates are continually updated, so we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in Toledo, Ohio and surrounding area. Last Updated and Verified: October 20, 2026
Compare the Best Money Market Rates Today in Toledo, Ohio & the Surrounding Area
Balance: $25,000 - $49,999; Preferred Rates require $25,000 not currently on deposit with Citizens; Rates accurate as of 10/19/2026
Balance: $100,000 - $249,999.99; Personal and Commercial; Available in-branch only; APY effective 08/13/2026
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: $0 - $99,999.99; Personal and Commercial; Available in-branch only; APY effective 08/13/2026
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: $500,000.00 or greater; Variable rate; Effective 06/01/2026
Balance: $100,000+
Balance: $250,000.00 and over; Compounded: Monthly
Balance: $50,000+ - $100,000
Balance: $10,000+ - $50,000
Balance: $2,500 - $10,000
Balance: $100,000.00 - $249,999.99; Compounded: Monthly
Balance: $50,000.00-$99,999.99; Variable rate; Effective 06/01/2026
$50,000; Balance: up to $50,000
Balance: $75,000.00 - $99,999.99; Compounded: Monthly
MVP rate column; Balance: $200,000.00 and above
- Oct 12, 20261.10%▲ from 0.75%
- Sep 12, 20260.75%first recorded
MVP rate; Balance: $150,000.00 - $199,999.99; Tier 4
MVP rate column; Balance: $150,000.00 - $199,999.99
- Oct 12, 20261.00%▲ from 0.70%
- Sep 12, 20260.70%first recorded
Balance: $50,000.00 - $74,999.99; Compounded: Monthly
MVP rate column; Balance: $100,000.00 - $149,999.99
- Oct 12, 20260.95%▲ from 0.65%
- Sep 12, 20260.65%first recorded
MVP rate; Balance: $100,000.00 - $149,999.99; Tier 3
MVP rate column; Balance: $75,000.00 - $99,999.99
- Oct 12, 20260.90%▲ from 0.60%
- Sep 12, 20260.60%first recorded
MVP rate; Balance: $75,000.00 - $99,999.99; Tier 2
MVP rate; Balance: $1,000.00 - $74,999.99; Tier 1; MVP Rate/APY printed as 0.80%0.80%
Balance: $200,000.00 and above
Balance: $500,000+
Balance: $25,000.00 - $49,999.99; Compounded: Monthly
Balance: $150,000.00 - $199,999.99
Balance: $150,000.00 - $199,999.99; Tier 4
Balance: $100,000.00 - $149,999.99
Balance: $250,000 - $499,999.99
Balance: $100,000.00 - $149,999.99; Tier 3
Balance: $75,000.00 - $99,999.99
Balance: $75,000.00 - $99,999.99; Tier 2
Balance: $100,000 - $249,999.99
Balance: $1,000.00 - $74,999.99; Tier 1
Published APY range: 0.50% - 3.04%; Published rate range: 0.50% - 3.04%.
Balance: $2,500.00 - $24,999.99; Compounded: Monthly
Balance: $150,000 and over; APY paid October 1, 2026 for October 2026
Balance: $100,000 - $149,999.99; APY paid October 1, 2026 for October 2026
Balance: $10,000 - $99,999.99
Balance: $2,500-$49,999.99; Variable rate; Effective 06/01/2026
Balance: $50,000 - $99,999.99; APY paid October 1, 2026 for October 2026
Balance: $0.01 required to earn APY; Transaction Limits: Limited
Balance: $25,000 - $49,999.99; APY paid October 1, 2026 for October 2026
Balance $2,000,001; Balance: $2,000,001.00 and over; Balances of $2,000,001.00 and above currently earn 0.25% APY
Balance: $2,000,001.00 to $99,999,999,999.99; Non-relationship rate applies without a qualifying Huntington checking account
Balance: $2,000,001.00 to $99,999,999,999.99; Requires an open Huntington Perks Checking account
- Oct 20, 20260.25%▼ from 3.35%
- Sep 18, 20263.35%first recorded
Balance: $2,000,001.00 to $99,999,999,999.99; Requires an open Huntington Platinum Perks Checking account
- Oct 20, 20260.25%▼ from 3.35%
- Sep 18, 20263.35%first recorded
Balance: $2,000,001.00 to $99,999,999,999.99; Requires an open Private Client Account
- Oct 20, 20260.25%▼ from 3.35%
- Sep 18, 20263.35%first recorded
Balance: $2,500 - $24,999.99; APY paid October 1, 2026 for October 2026
Balance: $50,000+
Balance: $0 - $9,999.99
Balance: $2,000 - $50,000
Balance: $100,000.00 - $249,999.99; Select Tier: Platinum Tier ($500,000 or more)
Balance: $100,000.00 - $249,999.99; Select Tier: Gold Tier ($100,000 to $499,999.99)
Balance: $1.00 - $9,999.99; Select Tier: Platinum Tier ($500,000 or more)
Balance: $1.00 - $9,999.99; Select Tier: Gold Tier ($100,000 to $499,999.99)
Balance: $100,000.00 - $249,999.99; Select Tier: Silver Tier ($25,000 to $99,999.99)
Standard rate on balances under $5,000 (outside the bonus offer); rates for ZIP 06897
Balance: $1.00 - $9,999.99; Select Tier: Silver Tier ($25,000 to $99,999.99)
- Oct 20, 20260.05%▼ from 0.06%
- Oct 2, 20260.06%first recorded
Balance: $25,000.00 to $99,999.99; Standard Pricing; Zip-based rate (43215)
- Sep 27, 20260.05%▼ from 3.25%
- Sep 14, 20263.25%first recorded
Balance: $1,000.00 - $74,999.99
Balance: $0.00 - $2,499.99; Compounded: N/A
Balance: $1.00 - $9,999.99
Balance: $1,000,000 - $2,999,999; Standard APY; Rates accurate as of 10/19/2026
- Oct 20, 20260.03%▼ from 3.50%
- Sep 18, 20263.50%first recorded
Balance: $0 - $2,499; Standard APY; Rates accurate as of 10/19/2026
Balance: $200,000.00 and over; Variable rates (based on Daily Balance); Minimum Balance to earn the APY is $.01
Balance: $2,000,000; Compounding: Monthly
Balance: $0 - $100,000.00; Special rate for new Money Market Special accounts opened on or after 10/1/2026, applies for first 6 months, then converts to standard Elevate Money Market; Members with a money market account at United in the last 12 months not eligible
Balance: $50 to $2,500
- Oct 4, 20264.00%▲ from 3.75%
- Sep 14, 20263.75%first recorded
Balance: $250,000.00 and above; Effective 9/1/2026
Balance: $100,000.00 - $199,999.99; Variable rates (based on Daily Balance); Minimum Balance to earn the APY is $.01
mph.bank, a division of Liberty Savings Bank, F.S.B. via Raisin; no minimum balance or maintenance fees; APY accurate as of October 20, 2026; variable rate; New customer offer: up to $1,000 Welcome Bonus with code STACK (deposit $10,000+)
Balance: $25,000-$99,999.99
Balance: $25,000-$99,999.99
Balance: $25,000 and above; $5,000 minimum balance to open Preferred Money Market DDA
Balance: $1,000,000+; Tiered rate, variable; minimum $2,500.00 new money to open
Balance: $500,000.00 and over; Compound Frequency: Monthly
Balance: $500,000 or more; Minimum balance: $25,000
Balance: $500,000 or more; Account minimum balance column: $25,000
Balance: $25,000 and above; Relationship Bonus APY; Relationship Bonus Rates; Personal APY; Personal Rates; Compounding Frequency: Monthly
Balance: 1,000,000.00 & over; Compounding Frequency: Monthly; Minimum to avoid monthly fees: $10,000.00; Available to businesses only. No Public Fund or Government accounts. $20 monthly service fee if $10,000 minimum balance is not maintained.
Balance: $10,000 and above; $5,000 minimum balance to open Preferred Money Market DDA
Balance: $500,000 - $1,000,000; Tiered rate, variable; minimum $2,500.00 new money to open
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: $250,000 & above
Balance: $250,000 - $500,000; Account minimum balance column: $25,000
Balance: $250,000+; Minimum Balance: $10,000; Compounding: Monthly
Balance: $250,000 - $500,000; Minimum balance: $25,000
Balance: $500,000+; Balance Frequency of Crediting: Daily/Monthly; $10.00 if ADB <$2,500
Balance: $100,000 to 250,000; Account minimum balance column: $25,000
Balance: $200,000 - Over; New money or GF Checking required; No Business Accounts
Balance: $50,000-$99,999.99; Minimum Balance: $1,000; Compounding: Monthly
Balance: $50,000-$99,999.99; Minimum Balance: $10,000; Compounding: Monthly
Balance: $100,000 to 250,000; Minimum balance: $25,000
The interest rate may change at any time. $7.50 monthly service charge. No monthly service charge if minimum daily balance of $25,000 is maintained. Free eStatements. $7.50 paper statement. Free debit card. Free mobile deposit.
Balance: all balances; $50 monthly service fee if balance falls below $25,000 after the first month; Monthly service fee waived for the first month; Compounded and credited monthly
Balance: $2,500,000+
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.
Toledo, OH Money Market Rate Trends
Compare local Toledo, OH 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.
Ohio high-yield MMA rates rose 0.008 points over the past 7 days to 3.122% APY.
Ohio standard MMA rates fell 0.006 points over the past 7 days to 0.548% APY.
Toledo, Ohio Money Market Rate Forecast, Next 12 Months
Money market rates move with Federal Reserve policy. Our model uses the current OH 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 OH high-yield money market average of 3.122% 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 Toledo, Ohio.
Money Market Account Earnings in Toledo, Ohio
Annual interest earnings at current OH 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 (3.122% APY) | Monthly Earnings | Standard MMA (0.548% APY) | Monthly Earnings |
|---|---|---|---|---|
| $10,000 | $312.19 / year | $26.02 | $54.82 / year | $4.57 |
| $25,000 | $780.48 / year | $65.04 | $137.05 / year | $11.42 |
| $50,000 | $1,560.95 / year | $130.08 | $274.10 / year | $22.84 |
| $100,000 | $3,121.90 / year | $260.16 | $548.20 / year | $45.68 |
| 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: Toledo, Ohio money market rate averages as of October 20, 2026. | ||||
About Our Toledo, Ohio Money Market Rate Database
MonitorBankRates found 14 institutions with branches in Toledo (6 banks, 8 credit unions), plus 47 additional state-chartered and national online institutions available to Toledo 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 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: Citizens Bank offers a money market account at 3.50% APY. Use the rate table above to compare all current offers in Toledo, Ohio.
How to Find the Best Money Market Rates in Toledo, Ohio
What to compare when shopping for a money market account in Toledo, Ohio
To find the best money market APYs in Toledo, Ohio, start with credit unions and online-only banks: Toledo, Ohio has 36 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 OH high-yield money market average is 3.122% but top local institutions are offering as high as 3.50%, 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. Toledo, Ohio high-yield money market rates currently average 3.122% 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 Toledo, Ohio institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 61 institutions in Toledo, Ohio 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 Toledo, Ohio CD rates
- You don’t need check writing and want a lower minimum Toledo, Ohio savings rates
- You need daily transaction access Toledo, Ohio checking rates
Toledo, Ohio Financial Snapshot
Local demographics and economic context for savers . Source: U.S. Census Bureau
15.6% of residents are 65 or older, below the national average of 17.3%; an unemployment rate of 7.7% (vs. 4.8% nationally) underscores the value of keeping liquid emergency savings. At today’s OH high-yield money market average of 3.122%, saving 10% of the local median salary ($3,348/year) would earn an additional $105 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Money Market Accounts vs. Other Toledo, Ohio Options
How money market deposit accounts compare to other deposit products available at banks and credit unions in Toledo, Ohio.
| Feature | Money Market | High-Yield Savings | Standard Savings | CD (12-Month) |
|---|---|---|---|---|
| Current OH Avg APY | 3.122% | View Savings Rates | 0.548%(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 Toledo, Ohio averages tracked in our database as of October 20, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Toledo, Ohio 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 Toledo, Ohio 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 Toledo, Ohio
At OH’s top money market rate of 3.50% from Citizens Bank, a $10,000 deposit earns $350 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Toledo, Ohio earner is roughly $8,400. At 3.122% APY in a money market account, saving $700/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. Liquid Deposit AccountOhio’s high-yield money market average is 3.122% 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 Toledo, Ohio earner makes $33,486/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 3.122% APY.
Retirement PlannerA $25,000 money market balance earning 3.122% APY grows to roughly $46,234 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 Toledo, Ohio 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 Toledo, Ohio 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 Toledo, Ohio. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in OH.
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 Toledo, Ohio
What is a Money Market Account (MMA)?
Are Money Market accounts in Toledo, Ohio safe?
How often do MMA rates change in Toledo, Ohio?
Can I write checks from a Money Market Account?
How much do I need to deposit to open a money market account in Toledo, Ohio?
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 Toledo, Ohio for money market accounts?
Best Money Market Rates in Toledo, Ohio
- Citizens Bank
Citizens Quest Money Market - Preferred: 3.50% APY - Crescent Bank
Money Market: 3.50% APY - The Huntington National Bank
Relationship Money Market Account - With Huntington Perks Checking: 3.35% APY - Directions Credit Union
Business Money Market Account: 2.58% APY - University of Toledo Federal Credit Union
Money Market Account: 2.53% APY
Toledo, Ohio Rates & Resources
