Clio, Michigan Savings Rates - October 2026
Brian McKay
Brian McKay
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Clio, Michigan savings account rates range from 0.01% to 10.00% APY, verified by MonitorBankRates as of October 23, 2026. The best savings rates for Clio, Michigan and the surrounding area include Genisys Credit UnionGenisys Credit Union300 Smith St, Clio, MI 48420A+5.0 ★Texas Ratio: 5.37%Real return: +2.30%APY minus 3.7% CPIRate verified Oct 19, 2026 High Yield Youth Savings at 6.00% APY, The Huntington National BankThe Huntington National Bank2161 W Vienna Rd, Clio, MI 48420A+5.0 ★Texas Ratio: 3.66%Real return: -0.45%APY minus 3.7% CPIRate verified Oct 20, 2026 Relationship Savings Account - With Huntington Perks Checking at 3.25% APY, Dort Financial Credit UnionDort Financial Credit Union11411 N LINDEN RD, CLIO, MI 48420 8586A+5.0 ★Texas Ratio: 4.06%Real return: -0.95%APY minus 3.7% CPIRate verified Oct 19, 2026 Boost Savings at 2.75% APY, Independent BankIndependent Bank3500 W Vienna Rd, Clio, MI 48420A5.0 ★Texas Ratio: 6.46%Real return: -1.53%APY minus 3.7% CPIRate verified Oct 20, 2026 Savings Account at 2.17% APY, and ELGA Credit UnionELGA Credit Union7026 W Vienna Rd, Clio, MI 48420A+5.0 ★Texas Ratio: 4.72%Real return: -2.19%APY minus 3.7% CPIRate verified Oct 19, 2026 Health Savings Account at 1.51% APY.
Clio has 62 local institutions in our database, with savings rates as high as 6.00% APY from Genisys Credit Union at 300 Smith St, Clio, MI 48420. Use the table below to compare all available offers, including options from institutions serving the broader Michigan area. Rates are continually updated, so we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Clio, Michigan and the surrounding area. Last Updated and Verified: October 23, 2026
Compare the Best Savings Rates in Clio, Michigan & Surrounding Communities
Age: 0-21; No minimum balance; Dividend Credited: Monthly; Balances above $2,500.00 are paid the standard share savings rate
Balance: $100,000 +; *Annual Percentage Yield designated as APY.
Balance: $5,000.00 to $2,000,000.99; Requires open Huntington Perks Checking account; Rates effective as of Monday, October 19, 2026
Balance: $5,000.00 to $2,000,000.99; Requires open Huntington Platinum Perks Checking account; Rates effective as of Monday, October 19, 2026
Balance: $25,000-99,000; *Annual Percentage Yield designated as APY.
When all requirements are met in Boost Checking
Balance: $5,000.00 - $2,000,000.99; Huntington Relationship Savings Account; APY range 2.40%-4.00% and rate range 2.38%-3.94% based on zip code; variable rate; minimum $5,000 new money to open
Balance: $250,000 or greater; Effective Date: October 14, 2026
Balance: $250,000 or greater; Effective October 14, 2026
Balance: $100,000 to $249,999; Effective Date: October 14, 2026
Balance: $100,000 to $249,999; Effective Date: October 14, 2026
Balance: $10,000 +; Minimum Balance to Earn Dividends: $200.00; Dividends compounded and credited quarterly
Qualifications Required: Accompanying Kasasa Checking account required; Balance: $0.00-$250,000.00; Account requires accompanying Kasasa Checking account
Balance: $500,000.00 +
Balance: $1,000-$9,999.99; Minimum Balance to Earn Dividends: $200.00; Dividends compounded and credited quarterly
Balance: $200,000.00-$499,999.99
Balance: $50,000 to $99,999; Effective Date: October 14, 2026
Balance: $50,000 to $99,999; Effective Date: October 14, 2026
Balance: $50,000.00-$199,999.99
Balance: $10,000 and above; Minimum Balance of $5.00 Required
Balance: $200,000 and up
Balance: $200.00-$999.99; Minimum Balance to Earn Dividends: $200.00; Dividends compounded and credited quarterly
Balance: $10,000.00-$49,999.99
Balance: $100,000 to $199,999
Balance: $250,000 or greater
Balance: $250,000 or greater; Effective Date: October 14, 2026
Balance: $50,000 to $99,999
Balance: $25,000 to $49,999; Effective Date: October 14, 2026
Balance: $0.00-$9,999.99
Dividend Credited: Monthly; No minimum balance required
Balance: $0 to $9,999; Minimum Balance of $5.00 Required
Balance: $10,000 to $49,999
Balance: $25,000 to $49,999; Effective Date: October 14, 2026
- Oct 20, 20260.45%▼ from 0.50%
- Oct 14, 20260.50%first recorded
Balance: $100,000 to $249,999
Balance: $100,000 to $249,999; Effective Date: October 14, 2026
Balance: $1,000 to $9,999
Dividend Credited: Quarterly; No minimum balance required; APY designated as APY and subject to change at any time
Balance: $50,000 to $99,999
Balance: $50,000 to $99,999; Effective Date: October 14, 2026
- Oct 20, 20260.15%▼ from 1.06%
- Oct 14, 20261.06%first recorded
Balance: 0 to $999
Balance: $10,000 to $24,999; Effective Date: October 14, 2026
- Oct 14, 20260.12%▲ from 0.07%
- Oct 7, 20260.07%first recorded
Balance: $25,000 to $49,999
Dividend compounded and credited quarterly
Membership Share: All Consumer and Business; Minimum Balance to Earn Dividends: $200.00
Balance: $0-24,999; *Annual Percentage Yield designated as APY.
Balance: $5 or more
Balance: $3,000 & Up
Balance: $10,000 to $24,999
Balance: $10,000 to $24,999; Effective Date: October 14, 2026
Balance: 0 to $2,999
Shares (Savings) - Minimum Balance $5
Balance: $2,500 to $9,999
Balance: $2,500 to $9,999; Effective Date: October 14, 2026
Balance: $0.01 to $4,999.99; Requires open Huntington Perks Checking account; Rates effective as of Monday, October 19, 2026
Balance: $0.01 to $4,999.99; Requires open Huntington Platinum Perks Checking account; Rates effective as of Monday, October 19, 2026
Balance: $1.00 - $499.99
Balance: $0.00 - $4,999.99; Balances below $5,000.00 earn 0.01% APY
Balance: $0.01 to $4,999.99; Non-Relationship Rate; Minimum balance to earn interest is $0.01 and must be new money to Huntington; Rates effective as of Monday, October 19, 2026
Balance: $0 to $9,999
Balance: $0 to $999
Non-Qualifying
When all requirements are NOT met in Boost Checking
Qualifying balance up to $1,000.00
Student defined as child 18 years or younger; only one student share per qualifying SSN; max deposit of $2,500.00
Minimum Balance for Dividend: N/A; Dividends compounded & credited: Quarterly
Promotional rate through May 31, 2027; Balance: up to $5,000; 0.05% APY on balances above $5,000 through May 31, 2027; after promotional period APY reverts to current variable rate; account available only for individuals receiving eligible fair sale proceeds checks; Account must be opened with eligible fair sale proceeds
Balance: $0 - $5,000; Savings and Club Accounts
Balance: $0 - $999.99; Blended rate account, Tier 1 rate applies only to the first $999.99; Valid thru 10/31/2026
Balance: All Balances for first 6 months; Promotional rate for first 6 months
Balance: All Balances for first 6 months; Promotional rate for first 6 months
- Oct 20, 20264.20%▲ from 3.75%
- Sep 24, 20263.75%first recorded
Promotional rate for first 6 months from account opening on all balances; applies to New Money only; new accounts only; after promotion earns Platinum HYSA rates
Limited Time Offer; 4.20% APY for 6 months
- Oct 20, 20264.20%▲ from 4.00%
- Sep 24, 20264.00%first recorded
Variable APY; $0.01 or more
Balance: $1,000,000 and over; New money only
Promotional APY for the 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 money required; personal accounts only; early account closure fee may apply within 180 days
- Oct 14, 20264.00%▲ from 3.75%
- Sep 14, 20263.75%first recorded
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.
Clio, MI Savings Rate Trends
Compare local Clio, MI 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.
Michigan high-yield savings rates rose 0.024 points over the past 7 days to 2.256% APY, up from 2.232%.
Michigan standard savings rates fell 0.038 points over the past 7 days to 0.425% APY, down from 0.463%.
Clio, Michigan Savings Rate Forecast, Next 12 Months
Savings rates move with Federal Reserve policy. Our model uses the current MI 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 MI high-yield savings average of 2.256% 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 Clio, Michigan.
Savings Account Earnings in Clio, Michigan
Annual interest earnings at current MI average APYs, based on the high-yield and standard savings averages tracked in our database. Compounding assumed monthly.
| Balance | HY Savings (2.256% APY) | Monthly Earnings | Standard Savings (0.425% APY) | Monthly Earnings |
|---|---|---|---|---|
| $5,000 | $112.80 / year | $9.40 | $21.24 / year | $1.77 |
| $10,000 | $225.59 / year | $18.80 | $42.47 / year | $3.54 |
| $25,000 | $563.98 / year | $47.00 | $106.18 / year | $8.85 |
| $50,000 | $1,127.95 / year | $94.00 | $212.35 / year | $17.70 |
| 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: Clio, Michigan savings rate averages as of October 25, 2026. | ||||
About Our Clio, Michigan Savings Rate Database
MonitorBankRates found 6 institutions with branches in Clio (3 banks, 3 credit unions), plus 10 additional state-chartered and national online institutions available to Clio 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: Genisys Credit Union offers a savings account at 6.00% APY. Use the rate table above to compare all current offers in Clio, Michigan.
How to Find the Best Savings Rates in Clio, Michigan
What to compare when shopping for a savings account in Clio, Michigan
To find the best savings APYs in Clio, Michigan, start with credit unions and online-only banks: Clio, Michigan has 8 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 MI high-yield savings average is 2.256% but top local institutions are offering as high as 6.00%, 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. Clio, Michigan high-yield savings rates currently average 2.256% 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 Clio, Michigan institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 16 institutions in Clio, Michigan report savings rates to our database.
- You’re among Clio, Michigan’s 23.5% of residents aged 65+ for whom liquid, accessible savings complement fixed-income holdings.
- 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 Clio, Michigan CD rates
- You want check-writing flexibility Clio, Michigan money market rates
- You need daily transaction access Clio, Michigan checking rates
Clio, Michigan Financial Snapshot
Local demographics and economic context for savers. Source: U.S. Census Bureau
23.5% of residents are 65 or older, above the national average of 17.3%, making liquid, accessible savings accounts a particularly relevant option in this market. At today’s MI high-yield savings average of 2.256%, saving 10% of the local median salary ($3,875/year) would earn an additional $87 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Savings Accounts vs. Other Clio, Michigan Options
How high-yield savings accounts compare to other deposit products available at banks and credit unions in Clio, Michigan.
| Feature | High-Yield Savings | Standard Savings | Money Market | CD (12-Month) |
|---|---|---|---|---|
| Current MI Avg APY | 2.256% | 0.425% | 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 Clio, Michigan averages tracked in our database as of October 25, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Savings Calculators for Clio, Michigan
At MI’s top rate of 6.00% from Genisys Credit Union, a $10,000 deposit earns $600 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Clio, Michigan earner is roughly $9,700. At 2.256% APY, saving $810/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. High-Yield SavingsMichigan’s high-yield savings average is 2.256% 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 Clio, Michigan earner makes $38,750/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 2.256% APY.
Retirement PlannerA $25,000 high-yield savings balance earning 2.256% APY grows to roughly $39,058 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 Clio, Michigan 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 Clio, Michigan 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 Clio, Michigan. We feature a comprehensive mix of institutions, from neighborhood credit unions and competitive regional banks to large national institutions available to savers in MI.
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 Clio, Michigan
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Clio, Michigan safe?
How often do savings rates change in Clio, Michigan?
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 Clio, Michigan?
How do I open a savings account in Clio, Michigan?
Best Savings Rates in Clio, Michigan
- Genisys Credit Union
High Yield Youth Savings: 6.00% APY - The Huntington National Bank
Relationship Savings Account - With Huntington Perks Checking: 3.25% APY - Dort Financial Credit Union
Boost Savings: 2.75% APY - Independent Bank
Savings Account: 2.17% APY - ELGA Credit Union
Health Savings Account: 1.51% APY
Clio, Michigan Rates & Resources
