Fort Wayne, Indiana Savings Rates - October 2026
Brian McKay
Brian McKay
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Fort Wayne, Indiana savings account rates range from 0.01% to 5.00% APY, verified by MonitorBankRates as of October 14, 2026. The best savings rates for Fort Wayne, Indiana and the surrounding area include Flagstar Bank, National AssociationFlagstar Bank, National Association111 E Wayne St, Fort Wayne, IN 46802D3.3 ★Texas Ratio: 35.11%Real return: +1.20%APY minus 2.8% CPI (February 2026) Flagstar Ready Savings at 4.00% APY, Horizon Bank Michigan City, INHorizon Bank Michigan City, IN9835 Lima Rd, Fort Wayne, IN 46818A+5.0 ★Texas Ratio: 4.40%Real return: +0.95%APY minus 2.8% CPI (February 2026) Money Market Savings at 3.75% APY, Three Rivers Federal Credit UnionThree Rivers Federal Credit Union1605 Northland Blvd, Fort Wayne, IN 46825A5.0 ★Texas Ratio: 6.39%Real return: +0.20%APY minus 2.8% CPI (February 2026) Livin' Free Savings at 3.00% APY, Montana Educators Credit UnionMontana Educators Credit Union101 E Washington Blvd, Fort Wayne, IN 46802A+5.0 ★Texas Ratio: 2.37%Real return: +0.20%APY minus 2.8% CPI (February 2026) Kasasa Saver Savings at 3.00% APY, and Midwest America Federal Credit UnionMidwest America Federal Credit Union801 E Tillman Rd, Fort Wayne, IN 46816 1971A+5.0 ★Texas Ratio: 4.56%Real return: +0.20%APY minus 2.8% CPI (February 2026) Youth Savings at 3.00% APY.
Fort Wayne has 57 local institutions in our database, with savings rates as high as 4.00% APY from Flagstar Bank, National Association at 111 E Wayne St, Fort Wayne, IN 46802. Use the table below to compare all available offers, including options from institutions serving the broader Indiana area. Rates are continually updated, so we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Fort Wayne, Indiana and the surrounding area. Last Updated and Verified: October 14, 2026
Compare the Best Savings Rates in Fort Wayne, Indiana & Surrounding Communities
Promotional APY for first 180 days on balances greater than or equal to $10,000; balances at or below $9,999.99 earn the non-promotional rate; new personal savings clients only; Personal accounts only
- Oct 14, 20264.00%▲ from 3.75%
- Sep 14, 20263.75%first recorded
Earn up to 3.75% APY with a Money Market Savings
Available to members up to age 25. Upon turning age 26, account will become a Standard Savings Account. Limited to one Livin' Free Savings Account per individual tax owner. Rates are variable and set by the Board of Directors on a monthly basis. Dividends are calculated on the daily balance, compounded monthly, and credited to the account at the end of the month. Dividends begin to accrue upon deposit. Variable rate account, rate is subject to change anytime after account opening. Fees could reduce earnings. Please see our Fee Disclosure Statement for further information about fees potentially related to these accounts. APY=Annual Percentage Yield. Deposit accounts are insured by account ownership up to $250,000 by the NATIONAL CREDIT UNION ADMINISTRATION.
Qualifications Required; Balance: $0-$100,000; Qualifying balance up to $100,000.00
Balance: $0 to $500; Dividend distribution: Monthly
Share Accounts
Compound & Pay: Compounded quarterly-paid quarterly; Share rates as of March 19,2025
Balance: $500,000.00 and over; Direct Savings only available for new customers or deposits of new funds not currently held with F&M Bank; Limit one Direct Savings account per household
Balance: $500,000.00 and over; New customers or new funds only; Compounded daily, credited quarterly; $3.00 monthly service charge if $300.00 minimum balance not maintained; Limit one per household; APY effective September 1, 2026
Balance: $250,000.00 - $499,999.99; Direct Savings only available for new customers or deposits of new funds not currently held with F&M Bank; Limit one Direct Savings account per household
Balance: $100,000 and Over; Membership at ProFed required; $125.00 minimum daily balance to earn dividends
Balance: $250,000.00 - $499,999.99; New customers or new funds only; Compounded daily, credited quarterly; $3.00 monthly service charge if $300.00 minimum balance not maintained; Limit one per household; APY effective September 1, 2026
Balance: $100,000.00 - $249,999.99; Direct Savings only available for new customers or deposits of new funds not currently held with F&M Bank; Limit one Direct Savings account per household
Balance: $0 - $99,999.99; Direct Savings only available for new customers or deposits of new funds not currently held with F&M Bank; Limit one Direct Savings account per household
$5 minimum balance; Maximum of two withdrawals per 12 months; early withdrawal penalties of $10 for first withdrawal and $25 for second; more than two withdrawals results in account closure; Dividends are paid on a monthly basis
Balance: $50,000 - $99,999.99; Membership at ProFed required; $125.00 minimum daily balance to earn dividends
Balance: $0.00 - $99,999.99; New customers or new funds only; Compounded daily, credited quarterly; $3.00 monthly service charge if $300.00 minimum balance not maintained; Limit one per household; APY effective September 1, 2026
- Oct 14, 20260.92%▼ from 1.03%
- Sep 18, 20261.03%first recorded
Balance: $25,000 - $49,999.99; Membership at ProFed required; $125.00 minimum daily balance to earn dividends
Dividends are paid on a monthly basis
Compound & Pay: Compounded daily-paid quarterly; Share rates as of March 19,2025
Balance: $10,000 and over; Dividend distribution: Monthly
Balance: $0.00
*$1 minimum opening deposit required; Minimum to earn dividends is $1
*$1 minimum opening deposit required; Minimum to earn dividends is $1
Balance: $10,000 - $24,999.99; Membership at ProFed required; $125.00 minimum daily balance to earn dividends
Balance: $20,000 or greater
Balance: $5,000.01 or More
Balance: $10,000 or more; a daily collected balance of $10,000 must be maintained to obtain the yield; Monthly minimum balance fee $3.00 if balance falls below $200 any day of the statement period; Requirements to waive: $200 minimum daily balance each day in the statement period; Interest compounded and credited quarterly
Over $10,000; Transaction Limits: Limited
Balance: $10,000 - $19,999.99
Balance: $250.01 - $5,000.01
Over $10,000; Transaction Limits: Limited
- Oct 2, 20260.30%▲ from 0.05%
- Sep 27, 20260.05%▼ from 0.30%
- Sep 14, 20260.30%first recorded
Balance: $2,500 to $9,999.99; Dividend distribution: Monthly
Balance: $0.00
Share Accounts
Balance: $2,500 - $9,999.99
Balance: $49.99 - $250.01
Balance: less than $10,000; Monthly minimum balance fee $3.00 if balance falls below $200 any day of the statement period; Requirements to waive: $200 minimum daily balance each day in the statement period; Interest compounded and credited quarterly
- Oct 7, 20260.20%▼ from 0.35%
- Oct 2, 20260.35%first recorded
Under $10,000; Transaction Limits: Limited
Balance: $2,500 - $9,999.99; Membership at ProFed required; $125.00 minimum daily balance to earn dividends
Compounded and Paid: Monthly; *Minimum Daily Balance in order to earn dividends
Rates effective 8/31/26; Dividend Distribution: Monthly; Min. Balance to Earn Dividend: $1.00
Balance: $0 - $999,999,999.99
Available to members up to age 25. Upon turning age 26, account will become a Standard Savings Account. Limited to one Livin' Free Savings Account per individual tax owner. Rates are variable and set by the Board of Directors on a monthly basis. Dividends are calculated on the daily balance, compounded monthly, and credited to the account at the end of the month. Dividends begin to accrue upon deposit. Variable rate account, rate is subject to change anytime after account opening. Fees could reduce earnings. Please see our Fee Disclosure Statement for further information about fees potentially related to these accounts. APY=Annual Percentage Yield. Deposit accounts are insured by account ownership up to $250,000 by the NATIONAL CREDIT UNION ADMINISTRATION.
Qualifications Required: eStatements enrollment; Standard Savings account maintains a minimum daily balance of at least $500.00; individual combined relationship has a minimum daily balance of at least $2,500.00; Standard Savings account is 60 days old or less; primary owner is under the age 18; primary owner of an active 3Rivers consumer checking account; Dividends are calculated on the daily balance, compounded monthly and credited to the account at the end of the month. Dividends begin to accrue upon deposit. Savings rates are variable and set by the Board of Directors on a monthly basis. Variable rate account, rate is subject to change anytime after account opening. Fees could reduce earnings. Please see our Fee Disclosure Statement for further information about fees potentially related to these accounts. Deposit accounts are insured by account ownership up to $250,000 by the NATIONAL CREDIT UNION ADMINISTRATION.
Balance: $10,000 - $24,999
Balance: $100,000 and Up; Minimum to open: Savings $5; Minimum balance: Savings $5
Dividend Period: Quarterly
Compounded and paid monthly; *Minimum Daily Balance in order to earn dividends; $5.00 fee per withdrawal in excess of 6 per month
Dividends paid on account balance over $200; Dividends are paid on a monthly basis
Under $10,000; Transaction Limits: Limited
- Oct 2, 20260.05%▼ from 0.25%
- Sep 27, 20260.25%▲ from 0.05%
- Sep 14, 20260.05%first recorded
Minimum to earn dividends $50; *$5 minimum opening deposit required
Balance: $0 - $999,999,999.99
Balance: $1.00 - $499.99
Balance: Up to $1,000
No monthly service fees. Interest is compounded and credited monthly.
Balance Optimizer; Balance: above $5,000,000
Balance: $5,000,000.01 and over; Monthly maintenance fee: $5; Average daily balance to avoid fee: $4,000; ATM card: for sole proprietors only
Balance: above $1,000,000.00; Monthly maintenance fee $5; Average daily balance to avoid fee $4,000; ATM surcharge rebate up to $10 per month
- Oct 14, 20263.88%▲ from 3.09%
- Oct 6, 20263.09%▼ from 3.88%
- Sep 30, 20263.88%first recorded
- Oct 3, 20263.58%▲ from 2.94%
- Sep 29, 20262.94%first recorded
Balance: $25,000.00 - No Limit
Earn up to 3.50% APY when you are an account owner of a U.S. Bank Smartly Checking, Safe Debit account, or U.S. Bank Smartly Visa Signature Card and a Combined Qualifying Balance (CQB) of at least $25,000; APYs may vary by location and are accurate for accounts opened on today's date; Monthly maintenance fee $5, waivable; Restrictions apply
Balance: Balances Through $249,999.99; Minimum opening deposit $10; No minimum balance
Balance: $5MM and over; Tiered rate account, minimum balance of $100,000 required to obtain the premium APY
Balance: $5,000.00 to $2,000,000.99; Disclosure Link 2 of 3; Requires open Huntington Perks Checking account; New money required
Balance: $5,000.00 to $2,000,000.99; Disclosure Link 2 of 3; Requires open Huntington Platinum Perks Checking account; New money required
Balance: $0.00 - $1,000,000.00; Monthly maintenance fee $5; Average daily balance to avoid fee $4,000; ATM surcharge rebate up to $10 per month
Our uncapped, high-yield, savings account gives you the flexibility of a savings account without locking up your savings in a long-term investment!
Balances $25,000+
Balance: Up to $1,000
Balance: $0.00 - $5,000,000.00; Monthly maintenance fee: $5; Average daily balance to avoid fee: $4,000; ATM card: for sole proprietors only
Balance: $250,000.00 and above
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.
Fort Wayne, IN Savings Rate Trends
Compare local Fort Wayne, IN savings rate quotes against the statewide average
Daily savings rate averages tracked across our database of 8,500+ banks and credit unions, updated every evening.
Indiana high-yield savings rates rose 0.023 points over the past 7 days to 2.372% APY, up from 2.349%.
Indiana standard savings rates rose 0.019 points over the past 7 days to 0.370% APY, up from 0.350%.
Fort Wayne, Indiana Savings Rate Forecast, Next 12 Months
Savings rates move with Federal Reserve policy. Our model uses the current IN high-yield average and a Fed funds spread to project the likely rate trajectory for 2026 to 2027.
Savings 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 IN high-yield savings average of 2.372% 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 online savings rates tend to adjust faster than standard branch-based savings rates.
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 Fort Wayne, Indiana.
Savings Account Earnings in Fort Wayne, Indiana
Annual interest earnings at current IN average APYs, based on the high-yield and standard savings averages tracked in our database. Compounding assumed monthly.
| Balance | HY Savings (2.372% APY) | Monthly Earnings | Standard Savings (0.370% APY) | Monthly Earnings |
|---|---|---|---|---|
| $5,000 | $118.60 / year | $9.88 | $18.49 / year | $1.54 |
| $10,000 | $237.19 / year | $19.77 | $36.97 / year | $3.08 |
| $25,000 | $592.98 / year | $49.42 | $92.43 / year | $7.70 |
| $50,000 | $1,185.95 / year | $98.83 | $184.85 / year | $15.40 |
| Earnings estimates use daily compounding. Actual earnings depend on exact rate, compounding frequency, and daily balance maintained. Rates are variable and subject to change. Source: Fort Wayne, Indiana savings rate averages as of October 14, 2026. | ||||
About Our Fort Wayne, Indiana Savings Rate Database
MonitorBankRates found 21 institutions with branches in Fort Wayne (7 banks, 14 credit unions), plus 12 additional state-chartered and national online institutions available to Fort Wayne 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: Flagstar Bank, National Association offers a savings account at 4.00% APY with a minimum deposit of $1. Use the rate table above to compare all current offers in Fort Wayne, Indiana.
How to Find the Best Savings Rates in Fort Wayne, Indiana
What to compare when shopping for a savings account in Fort Wayne, Indiana
To find the best savings APYs in Fort Wayne, Indiana, start with credit unions and online-only banks: Fort Wayne, Indiana has 14 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. APY reflects compounding and is the true measure of what you’ll earn. Savings accounts that compound daily earn slightly more than those compounding monthly at the same stated rate. The current IN high-yield savings average is 2.372% but top local institutions are offering as high as 4.00%, so shopping around pays off.
Unlike a CD, savings account rates are variable. Your rate can change at any time with Federal Reserve policy. Many institutions offer elevated introductory rates that reset after a promotional period. Review your account periodically to ensure your APY remains competitive.
When a High-Yield Savings Account Makes Sense
- Emergency fund: Financial experts recommend 3 to 6 months of expenses in a liquid, FDIC-insured account. Fort Wayne, Indiana high-yield savings rates currently average 2.372% APY, far above a typical checking account.
- Short-term savings goals (6 to 24 months): If you may need the money soon, a savings account gives you immediate access without early withdrawal penalties.
- Parking cash between investments: A high-yield savings account at Fort Wayne, Indiana institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 33 institutions in Fort Wayne, Indiana report savings 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 Fort Wayne, Indiana CD rates
- You want check-writing flexibility Fort Wayne, Indiana money market rates
- You need daily transaction access Fort Wayne, Indiana checking rates
Fort Wayne, Indiana Financial Snapshot
Local demographics and economic context for savers. Source: U.S. Census Bureau
15.2% of residents are 65 or older, below the national average of 17.3%. At today’s IN high-yield savings average of 2.372%, saving 10% of the local median salary ($3,810/year) would earn an additional $90 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Savings Accounts vs. Other Fort Wayne, Indiana Options
How high-yield savings accounts compare to other deposit products available at banks and credit unions in Fort Wayne, Indiana.
| Feature | High-Yield Savings | Standard Savings | Money Market | CD (12-Month) |
|---|---|---|---|---|
| Current IN Avg APY | 2.372% | 0.370% | View MMA Rates | 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 | ✗ No | ✗ No | ✓ Often yes | ✗ No |
| Debit / ATM Card | Some institutions | ✗ Rarely | ✓ Often yes | ✗ No |
| Typical Min Deposit | $0 to $100 | $25 to $100 | $0 to $2,500 | $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 | Emergency fund, short-term goals, parking cash | Everyday saving, low-balance accounts | Active savers wanting flexibility + check writing | Locking in a rate for a defined period |
APY data reflects Fort Wayne, Indiana averages tracked in our database as of October 14, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Savings Calculators for Fort Wayne, Indiana
At IN’s top rate of 4.00% from Flagstar Bank, National Association, 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 Fort Wayne, Indiana earner is roughly $9,500. At 2.372% APY, saving $790/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. High-Yield SavingsIndiana’s high-yield savings average is 2.372% APY, variable and always accessible. 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 Fort Wayne, Indiana earner makes $38,108/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 2.372% APY.
Retirement PlannerA $25,000 high-yield savings balance earning 2.372% APY grows to roughly $39,954 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 Fort Wayne, Indiana savings 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 Savings Rate Data: We aggregate savings account rates for Fort Wayne, Indiana 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 Fort Wayne, Indiana. We feature a comprehensive mix of institutions, from neighborhood credit unions and competitive regional banks to large national institutions available to savers in IN.
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 Fort Wayne, Indiana
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Fort Wayne, Indiana safe?
How often do savings rates change in Fort Wayne, Indiana?
Do I need a minimum deposit to open a savings account?
What is the difference between a Savings Account and a Money Market Account?
Are online banks better than local banks in Fort Wayne, Indiana?
How do I open a savings account in Fort Wayne, Indiana?
Best Savings Rates in Fort Wayne, Indiana
- Flagstar Bank, National Association
Flagstar Ready Savings: 4.00% APY - Horizon Bank Michigan City, IN
Money Market Savings: 3.75% APY - Three Rivers Federal Credit Union
Livin' Free Savings: 3.00% APY - Montana Educators Credit Union
Kasasa Saver Savings: 3.00% APY - Midwest America Federal Credit Union
Youth Savings: 3.00% APY
Fort Wayne, Indiana Rates & Resources
