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Illinois Savings Rate Trends

Mchenry, Illinois (IL) Savings Rates - March 2026

The best savings rates for Mchenry, Illinois and the surrounding area include Michigan State University Federal Credit UnionMichigan State University Federal Credit Union353 Bank Dr, McHenry, IL 60050A5.0 ★Texas Ratio: 9.68% Savings Builder - Tier 1 at 5.00% APY, North Shore BankNorth Shore Bank1689 N Curran Rd, Mchenry, IL 60050A+5.0 ★Texas Ratio: 0.63% Premier Health Savings Account at 3.00% APY, The Huntington National BankThe Huntington National Bank5555 Bull Valley Rd, Mchenry, IL 60050A+5.0 ★Texas Ratio: 4.60% High-Yield Savings at 2.98% APY, Crystal Lake Bank and Trust Co., N.ACrystal Lake Bank and Trust Co., N.A2205 N Richmond Rd, Mchenry, IL 60051A+5.0 ★Texas Ratio: 4.82% Statement Savings Advanced Special at 2.00% APY, and McHenry Savings BankMcHenry Savings Bank353 Bank Dr, Mchenry, IL 60050A+5.0 ★Texas Ratio: 1.53% IMMA at 1.00% APY. Savings rates as of March 24, 2026 according to verified data from MonitorBankRates.

To see how these savings rates in Mchenry, Illinois, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Mchenry, Illinois (IL) are continually updated — we recommend checking back frequently.

Savings rates reflect recent market quotes and representative offers available to depositors in Mchenry, Illinois and the surrounding area. Last Updated and Verified: March 24, 2026

Compare the Best Savings Rates in Mchenry, Illinois & Surrounding Communities

Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
Savings Builder - Tier 1
5.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
Savings Builder - Tier 2
3.62%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
Business IMMA - Tier 9
3.35%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
Business IMMA - Tier 8
3.35%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
Business IMMA - Tier 7
3.35%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
IRA-HSA IMMA - Tier 9
3.25%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
IRA-HSA IMMA - Tier 8
3.25%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
IRA-HSA IMMA - Tier 7
3.25%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
IRA-HSA IMMA
3.25%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
IMMA - Tier 9
3.25%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
IMMA - Tier 8
3.25%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
IMMA - Tier 7
3.25%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
IMMA
3.25%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

North Shore Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.63%
1689 N Curran Rd, Mchenry, IL 60050
Premier Health Savings Account
3.00%
$0
Rate2.97%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

The Huntington National Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.60%
5555 Bull Valley Rd, Mchenry, IL 60050
High-Yield Savings
2.98%
$5,000
Rate0.00%
Min Deposit$5,000
Min Balance
UpdatedMar 20, 2026
Details

Minimum of $5,000 not currently deposited at Huntington.

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
Business IMMA - Tier 6
2.40%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
IRA-HSA IMMA - Tier 5
2.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
IRA-HSA IMMA - Tier 6
2.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
IMMA - Tier 5
2.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
IMMA - Tier 6
2.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
IRA-HSA IMMA
2.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
IMMA
2.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
Business IMMA - Tier 5
2.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Crystal Lake Bank and Trust Co., N.A
Institution Rating:
A+5.0 ★Texas Ratio: 4.82%
2205 N Richmond Rd, Mchenry, IL 60051
Statement Savings Advanced Special
2.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

With qualifying activities.

North Shore Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.63%
1689 N Curran Rd, Mchenry, IL 60050
Premier Health Savings Account
2.00%
$0
Rate1.99%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

North Shore Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.63%
1689 N Curran Rd, Mchenry, IL 60050
Premier Savings
1.50%
$0
Rate1.49%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
Business IMMA - Tier 4
1.35%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
IMMA - Tier 4
1.35%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
IRA-HSA IMMA
1.35%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
IRA-HSA IMMA - Tier 4
1.35%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
IMMA
1.35%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
IRA-HSA IMMA
1.25%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
IMMA
1.25%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
Business IMMA - Tier 3
1.25%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
353 Bank Dr, McHenry, IL 60050
IMMA - Tier 3
1.25%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

North Shore Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.63%
1689 N Curran Rd, Mchenry, IL 60050
Premier Health Savings Account
1.00%
$0
Rate1.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

McHenry Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.53%
353 Bank Dr, Mchenry, IL 60050
IMMA
1.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

North Shore Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.63%
1689 N Curran Rd, Mchenry, IL 60050
Health Savings Account
0.20%
$0
Rate0.20%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

North Shore Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.63%
1689 N Curran Rd, Mchenry, IL 60050
Everyday Savings
0.08%
$0
Rate0.08%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

North Shore Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.63%
1689 N Curran Rd, Mchenry, IL 60050
Seymour Savings
0.08%
$0
Rate0.08%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

First Mid Bank & Trust
Institution Rating:
A+5.0 ★Texas Ratio: 2.74%
3814 W Elm St, Mchenry, IL 60050
Retail Savings
0.05%
$100
Rate0.05%
Min Deposit$100
Min Balance
UpdatedMar 18, 2026
Details

Fidelity Bank & Trust (IA)
Institution Rating:
A+5.0 ★Texas Ratio: 1.72%
242 Wall St, East Dubuque, IL 61025
Snap $tack Savings
5.12%
$1,000
Rate5.00%
Min Deposit$1,000
Min Balance
UpdatedMar 17, 2026
Details

Qualifying balance up to $5,000.00

First Bank Creve Coeur, MO
Institution Rating:
A+5.0 ★Texas Ratio: 1.54%
4387 N Illinois St, Swansea, IL 62226
Kids Cash Savings
4.00%
$5
Rate0.00%
Min Deposit$5
Min Balance
UpdatedMar 18, 2026
Details

Waterman Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.95%
248 W Lincoln Hwy, Waterman, IL 60556
Kids Savings
3.82%
$50
Rate3.75%
Min Deposit$50
Min Balance
UpdatedMar 24, 2026
Details

Waterman Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.95%
248 W Lincoln Hwy, Waterman, IL 60556
High-Yield Savings
3.82%
$50
Rate3.75%
Min Deposit$50
Min Balance
UpdatedMar 24, 2026
Details

Waterman Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.95%
248 W Lincoln Hwy, Waterman, IL 60556
Business Savings
3.82%
$50
Rate3.75%
Min Deposit$50
Min Balance
UpdatedMar 24, 2026
Details

Royal Business Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.64%
2323 S Wentworth Ave, Chicago, IL 60616
New Year Flexible Savings Account
3.75%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Terms and Conditions apply.

First Security Bank Mackinaw, IL
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
101 E Fast Ave, Mackinaw, IL 61755
Health Savings Accounts
3.50%
$0
Rate3.44%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Bank First, NA
Institution Rating:
A+5.0 ★Texas Ratio: 0.91%
300 E Main St, Rockton, IL 61072
Investment Savings
3.35%
$50,000
Rate3.31%
Min Deposit$50,000
Min Balance
UpdatedMar 16, 2026
Details

$250,000.00 - $499,999.99

FTSB of Watseka, IL
Institution Rating:
A+5.0 ★Texas Ratio: 0.33%
145 E 5th Ave, Clifton, IL 60927
Health Savings Account
3.25%
$100
Rate0.00%
Min Deposit$100
Min Balance
UpdatedMar 20, 2026
Details

PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
145 N 4th St, De Kalb, IL 60115
PNC High Yield SavingsĀ®
3.25%
$0
Rate3.20%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

INB National Association
Institution Rating:
A+5.0 ★Texas Ratio: 2.04%
322 E Capitol Ave, Springfield, IL 62701
Structured Savings IRA
3.02%
$0
Rate3.02%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Daily Balances Of $5,000-$100,000

Lisle Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.86%
1450 Maple Ave, Lisle, IL 60532
High Interest Savings
3.00%
$10
Rate2.96%
Min Deposit$10
Min Balance
UpdatedMar 20, 2026
Details

Bank First, NA
Institution Rating:
A+5.0 ★Texas Ratio: 0.91%
300 E Main St, Rockton, IL 61072
Investment Savings
3.00%
$50,000
Rate2.97%
Min Deposit$50,000
Min Balance
UpdatedMar 16, 2026
Details

$150,000.00 - $249,999.99

Farmers State Bank Elmwood, IL
Institution Rating:
F1.0 ★Texas Ratio: 195.74%
104 E Main St, Elmwood, IL 61529
Vacation Club Savings
2.95%
$25
Rate2.95%
Min Deposit$25
Min Balance
UpdatedMar 20, 2026
Details

Fidelity Bank & Trust (IA)
Institution Rating:
A+5.0 ★Texas Ratio: 1.72%
242 Wall St, East Dubuque, IL 61025
IRA Preferred Rate Savings
2.78%
$50,000
Rate2.75%
Min Deposit$50,000
Min Balance
UpdatedMar 17, 2026
Details

First Bank Creve Coeur, MO
Institution Rating:
A+5.0 ★Texas Ratio: 1.54%
4387 N Illinois St, Swansea, IL 62226
Icon High-Yield Savings
2.75%
$100
Rate0.00%
Min Deposit$100
Min Balance
UpdatedMar 18, 2026
Details

Farmers State Bank Elmwood, IL
Institution Rating:
F1.0 ★Texas Ratio: 195.74%
104 E Main St, Elmwood, IL 61529
Christmas Club Savings
2.70%
$25
Rate2.70%
Min Deposit$25
Min Balance
UpdatedMar 20, 2026
Details

Hanmi Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.11%
664 Raymond Dr, Naperville, IL 60563
Simple Savings
2.70%
$100
Rate0.00%
Min Deposit$100
Min Balance
UpdatedMar 20, 2026
Details

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice.

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.

Mchenry, IL Savings Rate Trends

Compare local Mchenry, IL savings rate quotes against the statewide average

Weekly savings rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.

View Full Illinois Savings Trends →
High-Yield Savings — IL Avg
2.319%
▲ 0.809 from last week

Illinois high-yield savings rates rose 0.809 points this week to 2.319% APY, up from 1.510% last week.

Standard Savings — IL Avg
0.451%
▼ 0.170 from last week

Illinois standard savings rates fell 0.170 points this week to 0.451% APY, down from 0.620% last week.

As of Mar 24, 2026 • Rate data sourced from 8,500+ monitored institutions Powered by MonitorBankRates

Methodology & Data Sources

Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Mchenry, Illinois directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every savings 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 Mchenry, Illinois. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in IL.

Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly, every product listed features its own specific “last updated” date, giving you complete transparency.

Frequently Asked Questions about Savings Accounts in Mchenry, Illinois

What is a High-Yield Savings Account (HYSA)?

A High-Yield Savings Account (HYSA) typically pays significantly higher interest than standard accounts at national brick-and-mortar banks. These accounts, often found at online banks or local credit unions in Illinois, help your money grow faster through a higher APY.

Are savings accounts in Mchenry, Illinois safe?

Yes, as long as the institution is FDIC insured (for banks) or NCUA insured (for credit unions). This provides federal protection for your deposits in Illinois up to $250,000 per depositor, per institution.

How often do savings rates change in Mchenry, Illinois?

Savings rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Illinois rate tables daily to ensure you see the most current high-yield options.

Do I need a minimum deposit to open a savings account?

It depends on the bank. Many online high-yield savings accounts have no minimum deposit requirement, while some traditional banks in Mchenry, Illinois may require $25–$100 to open an account.

What is the difference between a Savings Account and a Money Market Account?

Both pay interest and are federally insured. Money Market Accounts (MMAs) often come with check-writing privileges or a debit card, making them more flexible, whereas standard savings accounts typically do not.

Are online banks better than local banks in Mchenry, Illinois?

Online banks often offer higher APYs because they have lower overhead costs. However, local banks in Mchenry, Illinois offer in-person customer service, which some customers prefer.

How do I open a savings account in Mchenry, Illinois?

You can open a savings account online or in-person. You will generally need a government-issued ID, your Social Security number, and an initial deposit to get started.

Best Savings Rates in Mchenry, Illinois

Here are recent savings rates observed in Mchenry, Illinois and the surrounding area:
  • Michigan State University Federal Credit Union
    Savings Builder - Tier 1 — 5.00% APY
  • North Shore Bank
    Premier Health Savings Account — 3.00% APY
  • The Huntington National Bank
    High-Yield Savings — 2.98% APY
  • Crystal Lake Bank and Trust Co., N.A
    Statement Savings Advanced Special — 2.00% APY
  • McHenry Savings Bank
    IMMA — 1.00% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Mchenry, Illinois. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 24, 2026