Howell, Michigan Savings Rates - October 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
- Bank & Credit Union Health Safety Ratings
- Bank & Credit Union Star Ratings
- Finance Calculators
Howell, Michigan savings account rates range from 0.01% to 10.00% APY, verified by MonitorBankRates as of October 14, 2026. The best savings rates for Howell, Michigan and the surrounding area include Flagstar Bank, National AssociationFlagstar Bank, National Association1311 S Latson Rd, Howell, MI 48843D3.3 ★Texas Ratio: 35.11%Real return: +1.20%APY minus 2.8% CPI (February 2026) Flagstar Ready Savings at 4.00% APY, Bank of Ann ArborBank of Ann Arbor101 E Grand River Ave, Howell, MI 48843A+5.0 ★Texas Ratio: 1.88%Real return: +0.70%APY minus 2.8% CPI (February 2026) Health Savings Account at 3.50% APY, The Huntington National BankThe Huntington National Bank10065 E Highland Rd, Howell, MI 48843A+5.0 ★Texas Ratio: 3.66%Real return: +0.45%APY minus 2.8% CPI (February 2026) Relationship Savings Account - With Huntington Perks Checking at 3.25% APY, Lake Trust Credit UnionLake Trust Credit Union4465 E Grand River Ave, Howell, MI 48843A5.0 ★Texas Ratio: 6.91%Real return: +0.20%APY minus 2.8% CPI (February 2026) Aspire Savings at 3.00% APY, and LOC Credit UnionLOC Credit Union3020 E Grand River Ave, Howell, MI 48843 8510A+5.0 ★Texas Ratio: 1.78%Real return: -0.95%APY minus 2.8% CPI (February 2026) Savings Accounts at 1.85% APY.
Howell has 50 local institutions in our database, with savings rates as high as 4.00% APY from Flagstar Bank, National Association at 1311 S Latson Rd, Howell, MI 48843. 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 Howell, Michigan and the surrounding area. Last Updated and Verified: October 14, 2026
Compare the Best Savings Rates in Howell, Michigan & 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
Balance: $10,000 or more; Rate is variable; Rates effective 10/12/2026 - 10/18/2026
- Oct 14, 20263.50%▲ from 3.25%
- Sep 18, 20263.25%first recorded
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 up to $5,000.00; Blended rate account: each dividend rate applies to the daily balance within its tier, balances over $5,000.00 produce a lower blended rate
Published APY range: 2.40%-4.00%; Published rate range: 2.38%-3.94%. Balance: $5,000.00 - $2,000,000.99; Rates based on zip code; Huntington Relationship Savings Account; variable rate after opening a Huntington Relationship Savings Account when you maintain deposits of $5,000.00 - $2,000,000.99; Initial minimum opening deposit must be New Money; Balances $2,000,001.00 and above earn 0.01% APY; Balances below $5,000.00 earn 0.01% APY; Balances below $2,500 may be subject to a $10.00 monthly maintenance fee
Balance: $500,000 and up; Dividends Paid: Monthly
Balance: $250,000-$499,999; Dividends Paid: Monthly
Balance: $1,000,000 - 2,999,999; $500 minimum to open Personal Money Market Savings; Rate is variable; Rates effective 10/12/2026 - 10/18/2026
- Oct 14, 20261.65%▲ from 1.40%
- Sep 18, 20261.40%first recorded
Balance: $200,000 - $249,999.99; $1,000 minimum opening balance
Balance: $100,000-$249,999; Dividends Paid: Monthly
Balance: $500,000 - 999,999; $500 minimum to open Personal Money Market Savings; Rate is variable; Rates effective 10/12/2026 - 10/18/2026
- Oct 14, 20261.55%▲ from 1.30%
- Sep 18, 20261.30%first recorded
Balance: $100,000.00 - $149,999.99; $1,000 minimum opening balance
Balance: $5,000 - 9,999; Rate is variable; Rates effective 10/12/2026 - 10/18/2026
- Oct 14, 20261.50%▲ from 1.25%
- Sep 18, 20261.25%first recorded
Balance: $100,000 - 499,999; $500 minimum to open Personal Money Market Savings; Rate is variable; Rates effective 10/12/2026 - 10/18/2026
- Oct 14, 20261.45%▲ from 1.20%
- Sep 18, 20261.20%first recorded
Balance: $50,000.00 - $99,999.99; $1,000 minimum opening balance
Balance: $75,000-$99,999; Dividends Paid: Monthly
Balance: $100 or more; Account must have $100 or more to earn interest; Rate is variable; Rates effective 10/12/2026 - 10/18/2026
- Oct 14, 20261.15%▲ from 1.00%
- Sep 27, 20261.00%first recorded
Balance: $0 or more; Rate is variable; Rates effective 10/12/2026 - 10/18/2026
- Oct 14, 20261.15%▲ from 1.00%
- Sep 18, 20261.00%first recorded
Balance: $50,000-$74,999; Dividends Paid: Monthly
Balance: $25,000 - 99,999; $500 minimum to open Personal Money Market Savings; Rate is variable; Rates effective 10/12/2026 - 10/18/2026
- Oct 14, 20261.05%▲ from 0.95%
- Sep 18, 20260.95%first recorded
Balance: $100,000.00 and up
Balance: $75,000.00 - $99,9999.99; $1,000 minimum opening balance
Balance: $25,000-$49,999; Dividends Paid: Monthly
Balance: $10,000.00-$99,999.99
Balance: $10,000.00 - $24,999.99; $1,000 minimum opening balance
Balance: $1,000 - 4,999; Rate is variable; Rates effective 10/12/2026 - 10/18/2026
- Oct 14, 20260.75%▲ from 0.50%
- Sep 18, 20260.50%first recorded
Balance: $4,000.00 - $9,999.99; $1,000 minimum opening balance
Balance: $5,000 - 24,999; $500 minimum to open Personal Money Market Savings; Rate is variable; Rates effective 10/12/2026 - 10/18/2026
- Oct 14, 20260.70%▲ from 0.60%
- Sep 18, 20260.60%first recorded
Balance: $10,000-$24,999; Dividends Paid: Monthly
Balance: $2,000.00-$9,999.99
Balance: $2,500-$9,999; Dividends Paid: Monthly
Balance: $0 - 999; Rate is variable; Rates effective 10/12/2026 - 10/18/2026
- Oct 14, 20260.45%▲ from 0.20%
- Sep 18, 20260.20%first recorded
Balance: $1 - 4,999; $500 minimum to open Personal Money Market Savings; Excludes Commercial Money Market Savings; Rate is variable; Rates effective 10/12/2026 - 10/18/2026
- Oct 14, 20260.45%▲ from 0.35%
- Sep 18, 20260.35%first recorded
Balance: $5,000 and up; Rate may change after account is opened
Up to 0.30% APY; open by phone, at a Lake Trust relationship center, or via HSA contact form; Membership Savings Account required to establish membership and open HSA; no monthly service fee; no minimum balance; HSA debit card; interest is tax-free
Balance: $0.01 - $4,999.99; Rate may change after account is opened
Balance: $100 minimum balance required to earn dividends if age 18 or older. No minimum balance required if under 18.
Balance: $0.01-$1,999.99
Balance: All Balances; Rate may change after account is opened; Fees could reduce earnings
Balance: All Balances; Funds dispersed October 1, including accumulated interest
Visit any branch to open; $5 minimum balance to earn interest; Membership Savings Account required to establish membership; No monthly service fee; Traditional and Roth IRA contribution limits per page (2026: $7,500, or $8,600 age 50+); Roth IRA: no mandatory distribution; Traditional IRA: mandatory distribution at age 73; Must open in branch
Balance: All Balances; Membership share accounts must maintain a $5 minimum
Balance: $0.01 - $3,999.99; $1,000 minimum opening balance
Balance: All Balances
Balance: All Balances
Balance: $0.01 to $4,999.99; Disclosure Link 1 of 3; Requires open Huntington Perks Checking account; New money required
Balance: $0.01 to $4,999.99; Disclosure Link 1 of 3; Requires open Huntington Platinum Perks Checking account; New money required
Balance: $1.00 - $499.99
Balance: $0.01 to $4,999.99; Disclosure Link 1 of 3; Non-Relationship Rate; New money required; Monthly maintenance fee waived with $2,500.00 average daily balance or qualifying checking account
Qualifying balance up to $1,000.00
APY (as high as); Student defined as child 18 years or younger; only one student share per qualifying SSN
Ages: 0-21; Balance: $0.00 - $2,500.00; Dividend Credited: Monthly; Balances above $2,500.00 are paid the standard share savings rate; Annual Percentage Yield designated as APY and subject to change at any time
Minimum Balance for Dividend: N/A; Dividend compounded & credited: Quarterly
Qualifying balance up to $5,000.00; Promotional rate through May 31, 2027; Account must be opened with eligible fair sale proceeds; Recipient must be an account owner
Balance: $0 - $5,000; Membership required; $5 minimum to open a membership
Balance: $0 - $999.99; Blended rate account, qualifying balance up to $999.99; Valid thru 10/31/2026
Balance: $500.00 - $999.99; Limit 1 per membership; checking with a debit card required to open account; not eligible for combination with business or youth savings accounts
Balance: All Balances for first 6 months; Promotional rate for 6 months
- Oct 14, 20264.20%▲ from 4.00%
- Oct 2, 20264.00%first recorded
Promotional rate for 6 months (Limited Time Offer)
Variable APY; Balance: $0.01 or more; APYs accurate as of 9/1/25
Balance: $500,000+; Rates as of October 14, 2026
- Oct 3, 20263.91%▲ from 3.75%
- Sep 19, 20263.75%first recorded
Balance: Greater than $250,000; Promotional rate for 6 months
- Oct 14, 20263.86%▼ from 4.00%
- Oct 2, 20264.00%first recorded
Homepage promo card; tagline: Earn up to 3.75% APY
Balance: $250,000 or Less; Promotional rate for 6 months
- Oct 14, 20263.60%▼ from 4.00%
- Oct 2, 20264.00%first recorded
Balance: Greater than $250,000
Balance: $250,000.01 and over; tiered variable rate account; Daily Balance Method
Balance: Greater than $250,000; Standard rate
- Oct 14, 20263.51%▼ from 4.00%
- Oct 2, 20264.00%first recorded
Balance: Greater than $250,000
Up to 3.51% APY; Competitive earnings using Standard HYSA rates; Easy transfers to/from HSA Checking; Tax-free growth; Available to Michigan residents, accounts opened in person at East Lansing, Grand Rapids or Traverse City
Balance: $250,000.01 and over; Available to new FNBA customers; Tiered variable rate account; existing customers may convert standard HYSA by depositing $20,000 new money by December 31, 2026
Balance: $250,000.01 and over; Tiered variable-rate account; interest calculated using Daily Balance Method
- Oct 7, 20263.51%▲ from 3.50%
- Sep 18, 20263.50%first recorded
Balance: $25,000 or more; Rates for New Savings Customers; Earn 3.25% APY as a new Wells Fargo savings customer; California Bay Area counties branches only
- Oct 14, 20263.25%▲ from 0.05%
- Oct 7, 20260.05%▲ from 0.01%
- Sep 14, 20260.01%first recorded
Balance: Greater than $100,000 up to $250,000
Balance: Greater than $50,000 up to $100,000
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.
Howell, MI Savings Rate Trends
Compare local Howell, 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 fell 0.141 points over the past 7 days to 2.172% APY, down from 2.314%.
Michigan standard savings rates rose 0.055 points over the past 7 days to 0.478% APY, up from 0.423%.
Howell, 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 2.172% 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 Howell, Michigan.
Savings Account Earnings in Howell, 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 (2.172% APY) | Monthly Earnings | Standard Savings (0.478% APY) | Monthly Earnings |
|---|---|---|---|---|
| $5,000 | $108.61 / year | $9.05 | $23.90 / year | $1.99 |
| $10,000 | $217.22 / year | $18.10 | $47.79 / year | $3.98 |
| $25,000 | $543.05 / year | $45.25 | $119.48 / year | $9.96 |
| $50,000 | $1,086.10 / year | $90.51 | $238.95 / year | $19.91 |
| 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: Howell, Michigan savings rate averages as of October 14, 2026. | ||||
About Our Howell, Michigan Savings Rate Database
MonitorBankRates found 6 institutions with branches in Howell (4 banks, 2 credit unions), plus 13 additional state-chartered and national online institutions available to Howell 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 Howell, Michigan.
How to Find the Best Savings Rates in Howell, Michigan
What to compare when shopping for a savings account in Howell, Michigan
To find the best savings APYs in Howell, Michigan, start with credit unions and online-only banks: Howell, Michigan has 9 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 2.172% 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. Howell, Michigan high-yield savings rates currently average 2.172% 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 Howell, Michigan institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 19 institutions in Howell, Michigan report savings rates to our database.
- You’re among Howell, Michigan’s 19.2% 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 Howell, Michigan CD rates
- You want check-writing flexibility Howell, Michigan money market rates
- You need daily transaction access Howell, Michigan checking rates
Howell, Michigan Financial Snapshot
Local demographics and economic context for savers. Source: U.S. Census Bureau
19.2% of residents are 65 or older, in line with the national average of 17.3%; a low unemployment rate of 3.2% reflects a strong local economy with solid savings capacity. At today’s MI high-yield savings average of 2.172%, saving 10% of the local median salary ($4,049/year) would earn an additional $88 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Savings Accounts vs. Other Howell, Michigan Options
How high-yield savings accounts compare to other deposit products available at banks and credit unions in Howell, Michigan.
| Feature | High-Yield Savings | Standard Savings | Money Market | CD (12-Month) |
|---|---|---|---|---|
| Current MI Avg APY | 2.172% | 0.478% | 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 Howell, Michigan 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 Howell, Michigan
At MI’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 Howell, Michigan earner is roughly $10,100. At 2.172% APY, saving $840/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 2.172% 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 Howell, Michigan earner makes $40,492/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 2.172% APY.
Retirement PlannerA $25,000 high-yield savings balance earning 2.172% APY grows to roughly $38,423 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 Howell, 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 Howell, 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 Howell, 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 Howell, Michigan
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Howell, Michigan safe?
How often do savings rates change in Howell, 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 Howell, Michigan?
How do I open a savings account in Howell, Michigan?
Best Savings Rates in Howell, Michigan
- Flagstar Bank, National Association
Flagstar Ready Savings: 4.00% APY - Bank of Ann Arbor
Health Savings Account: 3.50% APY - The Huntington National Bank
Relationship Savings Account - With Huntington Perks Checking: 3.25% APY - Lake Trust Credit Union
Aspire Savings: 3.00% APY - LOC Credit Union
Savings Accounts: 1.85% APY
Howell, Michigan Rates & Resources
