White Bear Lake, Minnesota Savings Rates - October 2026
Brian McKay
Brian McKay
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White Bear Lake, Minnesota savings account rates range from 0.35% to 6.00% APY, verified by MonitorBankRates as of October 12, 2026. The best savings rates for White Bear Lake, Minnesota and the surrounding area include MidCountry BankMidCountry Bank1310 Highway 96 E, White Bear Lake, MN 55110A+5.0 ★Texas Ratio: 4.01%Real return: +2.20%APY minus 2.8% CPI (February 2026) SmartStart Savings4Me at 5.00% APY, Royal Credit UnionRoyal Credit Union1400 Highway 96 E, White Bear Lake, MN 55110A+5.0 ★Texas Ratio: 3.17%Real return: +0.80%APY minus 2.8% CPI (February 2026) High-Yield Savings - 100K at 3.60% APY, US BankUS Bank4700 Clark Ave, White Bear Lake, MN 55110A+5.0 ★Texas Ratio: 2.85%Real return: +0.70%APY minus 2.8% CPI (February 2026) Bank Smartly Savings Account at 3.50% APY, The Huntington National BankThe Huntington National Bank2226 5th St, White Bear Lake, MN 55110A+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, and North Star BankNorth Star Bank4661 Highway 61 N, White Bear Lake, MN 55110A5.0 ★Texas Ratio: 6.36%Real return: -0.02%APY minus 2.8% CPI (February 2026) ExecuStar Money Market Savings at 2.78% APY.
White Bear Lake has 39 local institutions in our database, with savings rates as high as 5.00% APY from MidCountry Bank at 1310 Highway 96 E, White Bear Lake, MN 55110. Use the table below to compare all available offers, including options from institutions serving the broader Minnesota area. Rates are continually updated, so we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in White Bear Lake, Minnesota and the surrounding area. Last Updated and Verified: October 12, 2026
Compare the Best Savings Rates in White Bear Lake, Minnesota & Surrounding Communities
Balance: $0 - $5,000.00
- Sep 19, 20265.00%▲ from 0.04%
- Sep 14, 20260.04%first recorded
Balance: $100,000 - $250,000.00
- Oct 5, 20263.60%▲ from 3.50%
- Sep 14, 20263.50%first recorded
Balance: $1,000,000 and over
Balance: $1,000,000 and over
Earn up to 3.50% APY when you are an account owner of a Bank Smartly Checking, Safe Debit account, or Bank SmartlyTM Visa Signature Card and a CQB of at least $25,000. APYs may vary by location and are accurate for accounts opened on today's date. Restrictions apply.
Balance: $500,000 - $999,999.99
Balance: $500,000 - $999,999.99
Balance: $5,000.00 to $2,000,000.99
Balance: $5,000.00 to $2,000,000.99
Balance: Daily Balances of $150,000.00-10,000,000.00
Balance: Daily Balances of $100,000.00-149,999.99
Published APY range: 2.40%-4.00%; Published rate range: 2.40%-4.00%. Rates based on zip code and with a minimum of $5,000 not currently deposited at Huntington. Get your variable rate after opening a Huntington Relationship Savings Account when you maintain deposits of $5,000.00 - $2,000,000.99. Balances $2,000,001.00 and above will earn 0.01% (0.01% APY). Balances below $5,000.00 will earn 0.01% (0.01% APY). Balances below $2,500 may be subject to a $10.00 per month maintenance fee. Fees may reduce earnings. When your balance falls into a specific rate tier, your entire balance will earn the applicable rate in effect for that tier. Initial minimum opening deposit to earn the higher interest rate on the HRSA is $5,000.00 and must be "New Money" which is defined as money that is not currently on deposit in any Huntington account (except maturing CDs).
Balance: Daily Balances of $50,000.00-99,999.99
Balance: Daily Balances up to $49,999.99
Balance: Daily Balances of $25,000.00-10,000,000.00
Balance: 1,000,000 and Greater
Balance: $1,000,000 and up
Balance: 1,000,000.00 and Greater
Balance: 100,000.00 - 999,999.99
Balance: $100,000 - $999,999.99
Balance: 100,000.00 - 999,999.99
Balance: Daily Balances of $5,000.00-24,999.99
Balance: Daily Balances up to $4,999.99
Balance: Daily Balances of $25,000.00- $10,000,000.00
Balance: Daily Balances of $25,000.00-10,000,000.00
Balance: 25,000.00 - 99,999.99
Balance: $25,000 - $99,999.99
Balance: 25,000.00 - 99,999.99
Balance: Daily Balances of $2,500.00-24,999.99
Balance: Daily Balances of $2,500.00-24,999.99
Balance: Daily Balances up to $2,499.99
Balance: Daily Balances up to $2,499.99
Balance: 2,500.00 - 24,999.99
Balance: $2,500 - $24,999.99
Balance: 2,500.00 - 24,999.99
Balance: Daily Balances of $10,000.00-10,000,000.00
Balance: Daily Balances of $1,000.00-9,999.99
Minimum Daily Balance to obtain APY is $50.00
Balance: 25,000.00 - 49,999.99
High-Yield Youth Savings account is only for members from ages 0-21. No minimum balance. Balances above $2,500.00 are paid the standard share savings rate.
Balance: $100.00+; Youth Savings and Teen Savings Certificate minimum opening balance is $100. Additional deposits can be made up to $5,000 for the Youth Savings and $8,000 for the Teen Savings. The minimum additional deposit is $100. The Youth Savings matures on the child's 13th birthday. The Teen Savings matures on the teen's 18th birthday. Any withdrawal prior to maturity will result in a penalty of all dividends earned.
Rates as high as
- Oct 5, 20265.00%▲ from 4.40%
- Sep 14, 20264.40%first recorded
Balance: $100.00+; Youth Savings and Teen Savings Certificate minimum opening balance is $100. Additional deposits can be made up to $5,000 for the Youth Savings and $8,000 for the Teen Savings. The minimum additional deposit is $100. The Youth Savings matures on the child's 13th birthday. The Teen Savings matures on the teen's 18th birthday. Any withdrawal prior to maturity will result in a penalty of all dividends earned.
Balance: $100,000 - $199,999.99
Balance: $0.00 - $5,000.00
Balance: $75,000 - $99,999.99
Balance: $50,000 - $74,999.99
Balance: $100,000 +
Balance: Over $200,000 balance
Balance: $1,000,000+
Balance: $75,000-$199,999 balance
Balance: $1,000,000.00 and higher
Balance: $750,000 - $999,999.99
Age: 0-12; Balance: $5-$500 balance
Balance: $100,000 and over
Balance: $25,000-99,000
Balance: $250,000 or more
Balance: $500,000 - $749,999.99
($25,000 minimum balance requirement to obtain APR/APY)
Balance: $500,000.00 - $999,999.99
Balance: $150,000 - $249,999
Balance: $250,000.00 - $499,999.99
Balance: $25,000 - $49,999.99
Balance: $1,000,000.00 +
Balance: $250,000 - $499,999.99
Balance: $100,000 - $149,999
- Oct 1, 20262.55%▲ from 0.75%
- Sep 26, 20260.75%first recorded
Up to $10,000
Our High-Yield Savings Account offers higher dividends than the Primary Savings Account, with tiered rates earning you even more on balances over $10,000. It also has no fees and allows you to access your money whenever you desire. Savings always accessible without penalty Higher APY for balances over $10,000
The Youth Savings Account helps children learn the importance of saving with the benefit of seeing their balances grow. Available to all members under the age of 18, accounts have no fees and no minimum balances. Earn interest on balances up to $10,000 (dividends accrue monthly)
Balance: $50,000 - $99,999.99
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.
White Bear Lake, MN Savings Rate Trends
Compare local White Bear Lake, MN 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.
Minnesota high-yield savings rates fell 0.012 points over the past 7 days to 1.892% APY, down from 1.905%.
Minnesota standard savings rates rose 0.037 points over the past 7 days to 0.557% APY, up from 0.521%.
White Bear Lake, Minnesota Savings Rate Forecast, Next 12 Months
Savings rates move with Federal Reserve policy. Our model uses the current MN 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 MN high-yield savings average of 1.892% 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 White Bear Lake, Minnesota.
Savings Account Earnings in White Bear Lake, Minnesota
Annual interest earnings at current MN average APYs, based on the high-yield and standard savings averages tracked in our database. Compounding assumed monthly.
| Balance | HY Savings (1.892% APY) | Monthly Earnings | Standard Savings (0.557% APY) | Monthly Earnings |
|---|---|---|---|---|
| $5,000 | $94.62 / year | $7.89 | $27.87 / year | $2.32 |
| $10,000 | $189.23 / year | $15.77 | $55.73 / year | $4.64 |
| $25,000 | $473.08 / year | $39.42 | $139.33 / year | $11.61 |
| $50,000 | $946.15 / year | $78.85 | $278.65 / year | $23.22 |
| 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: White Bear Lake, Minnesota savings rate averages as of October 13, 2026. | ||||
About Our White Bear Lake, Minnesota Savings Rate Database
MonitorBankRates found 6 institutions with branches in White Bear Lake (5 banks, 1 credit union), plus 14 additional state-chartered and national online institutions available to White Bear Lake 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: MidCountry Bank offers a savings account at 5.00% APY with a minimum deposit of $0. Use the rate table above to compare all current offers in White Bear Lake, Minnesota.
How to Find the Best Savings Rates in White Bear Lake, Minnesota
What to compare when shopping for a savings account in White Bear Lake, Minnesota
To find the best savings APYs in White Bear Lake, Minnesota, start with credit unions and online-only banks: White Bear Lake, Minnesota has 15 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 MN high-yield savings average is 1.892% but top local institutions are offering as high as 5.00%, 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. White Bear Lake, Minnesota high-yield savings rates currently average 1.892% 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 White Bear Lake, Minnesota institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 20 institutions in White Bear Lake, Minnesota report savings rates to our database.
- You’re among White Bear Lake, Minnesota’s 21.3% 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 White Bear Lake, Minnesota CD rates
- You want check-writing flexibility White Bear Lake, Minnesota money market rates
- You need daily transaction access White Bear Lake, Minnesota checking rates
White Bear Lake, Minnesota Financial Snapshot
Local demographics and economic context for savers. Source: U.S. Census Bureau
21.3% 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 MN high-yield savings average of 1.892%, saving 10% of the local median salary ($5,115/year) would earn an additional $97 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Savings Accounts vs. Other White Bear Lake, Minnesota Options
How high-yield savings accounts compare to other deposit products available at banks and credit unions in White Bear Lake, Minnesota.
| Feature | High-Yield Savings | Standard Savings | Money Market | CD (12-Month) |
|---|---|---|---|---|
| Current MN Avg APY | 1.892% | 0.557% | 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 White Bear Lake, Minnesota averages tracked in our database as of October 13, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Savings Calculators for White Bear Lake, Minnesota
At MN’s top rate of 5.00% from MidCountry Bank, a $10,000 deposit earns $500 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median White Bear Lake, Minnesota earner is roughly $12,800. At 1.892% APY, saving $1,070/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. High-Yield SavingsMinnesota’s high-yield savings average is 1.892% 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 White Bear Lake, Minnesota earner makes $51,156/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 1.892% APY.
Retirement PlannerA $25,000 high-yield savings balance earning 1.892% APY grows to roughly $36,372 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 White Bear Lake, Minnesota 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 White Bear Lake, Minnesota 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 White Bear Lake, Minnesota. We feature a comprehensive mix of institutions, from neighborhood credit unions and competitive regional banks to large national institutions available to savers in MN.
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 White Bear Lake, Minnesota
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in White Bear Lake, Minnesota safe?
How often do savings rates change in White Bear Lake, Minnesota?
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 White Bear Lake, Minnesota?
How do I open a savings account in White Bear Lake, Minnesota?
Best Savings Rates in White Bear Lake, Minnesota
- MidCountry Bank
SmartStart Savings4Me: 5.00% APY - Royal Credit Union
High-Yield Savings - 100K: 3.60% APY - US Bank
Bank Smartly Savings Account: 3.50% APY - The Huntington National Bank
Relationship Savings Account - With Huntington Perks Checking: 3.25% APY - North Star Bank
ExecuStar Money Market Savings: 2.78% APY
White Bear Lake, Minnesota Rates & Resources
