Springfield, Missouri Savings Rates - October 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Springfield, Missouri savings account rates range from 0.03% to 10.00% APY, verified by MonitorBankRates as of October 19, 2026. The best savings rates for Springfield, Missouri and the surrounding area include US BankUS Bank2127 Memorial Blvd, Springfield, TN 37172A+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, Sullivan BankSullivan Bank2655 S Campbell Ave, Springfield, MO 65807A-4.9 ★Texas Ratio: 16.43%Real return: +0.20%APY minus 2.8% CPI (February 2026) Cash Rewards with Savings Rewards at 3.00% APY, Assemblies Of God Credit UnionAssemblies Of God Credit Union1535 N Campbell Ave, Springfield, MO 65803B4.6 ★Texas Ratio: 19.27%Real return: -0.78%APY minus 2.8% CPI (February 2026) Health Savings Account (HSA) at 2.02% APY, Mid-Missouri BankMid-Missouri Bank1615 E Independence St, Springfield, MO 65804A+5.0 ★Texas Ratio: 0.49%Real return: -1.80%APY minus 2.8% CPI (February 2026) Kasasa Saver Savings at 1.00% APY, and Phelps County BankPhelps County Bank334 E Walnut Street, Springfield, MO 65806A5.0 ★Texas Ratio: 11.23%Real return: -1.80%APY minus 2.8% CPI (February 2026) Minor Savings at 1.00% APY.
Springfield has 29 local institutions in our database, with savings rates as high as 3.50% APY from US Bank at 2127 Memorial Blvd, Springfield, TN 37172. Use the table below to compare all available offers, including options from institutions serving the broader Missouri area. Rates are continually updated, so we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Springfield, Missouri and the surrounding area. Last Updated and Verified: October 19, 2026
Compare the Best Savings Rates in Springfield, Missouri & Surrounding Communities
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
Qualified; Balance: up to $10,000.00; Qualifying balance up to $10,000
Qualified; Balance: up to $25,000.00; Qualifying balance up to $25,000
Qualifications Required; Balance: $0 - $50,000; Qualifying balance up to $50,000.00
For children ages 17 and under; Account requires a $25 minimum initial deposit
Dividends paid quarterly
Dividends paid quarterly
Minimum opening deposit:; Minimum balance to earn APY:
Qualifications Required: Rate/Reward Qualifications; Balance: Up to $7,500; Qualifying balance up to $7,500.00
Balance: $100,000 and up; Compounding: semi-annually
Balance: $50,000-$99,999.99; Compounding: semi-annually
Balance: $10,000-$49,999.99; Compounding: semi-annually
Balance: $0.01 minimum to obtain APY; Compounding: monthly; Annual Percentage Yield. Fees may reduce earnings on the account.
Balance: Up to $9,999.99; Compounding: semi-annually
Compounding: semi-annual
Minimum balance to earn APY:
Compounds: Quarterly
$50; $50 Avg. Daily Balance per quarter
Balance of at least $100 must be maintained in account to earn dividends
Balance: All balances; Interest compounded quarterly; $100 minimum balance required to avoid $5 monthly service charge; $25 early closure fee if closed within 90 days of opening
Balance: $0+
Balance: $1 - $1,000; Qualifying balance up to $1,000.00
Ages: 0-12; Balance: $0.00 - $500.00; First $500 on deposit earns 9.57% interest for 10.00% APY; funds above $500 earn the regular savings rate; $1 for each A or B on semester report card (max two report cards per school year); $5 Superstar Savings Sticker bonus once 20 stickers or $100 saved (max $25/year per youth account); must open in branch
Balance: $0-$1,000
Balance: $0.01 - $1,000.00; Qualifying balance up to $1,000.00
Balance: $0 - $500.00
Debit card: Yes; For kids 7 and under; Prizes for deposits over $10; Annual birthday surprise
Savings accounts carousel card; Rates effective 9/25/24
Balance: $0 - $15,000.00; Qualifications, limits, and other requirements apply
Qualifying balance up to $10,000.00; Dividends compounded and paid monthly; Rates effective July 1, 2025
Ages: 12 & under; Includes a superhero cape and mask
Balance: $0 - $2,499.99
APY dividend of 5.00% earned on balances $100.00 to $5,000.99; balances $5,001.00 and above earn 0.20% APY; dividend rate and APY subject to change without notice after account opening; requires open checking account under same membership number; must be 22 or older; one per Social Security or Taxpayer Identification Number; converts to Regular Savings if checking account closes; Minimum Balance/Average Daily Balance: $5/$100
Qualifications Required; Balance: $1.00 - $2,500.00; Balances up to $2,500 earn first tier APY; Dividend Rate 4.89%; Consumer accounts only; Limit one High Interest Savings or Delta Savings account per member
Rate is effective as of August 31, 2023. An interest rate of .01% will be paid only for that portion of your daily balance that is greater than $1000.00. The annual percentage yield for this tier will range from 4.50% to .01%, depending on the balance in the account. (APY calculations are based on a total deposit balance of $1,000.) Fees could reduce earnings. Rates are variable and are subject to change at the bank's discretion. Rates are calculated on a daily balance method. Limited to one Kid's Grow Savings account per child social security number. At the age of sixteen (16), the account will be converted to a Future Progressive Savings account.
Balance: $0.00 - $250,000.00
New account APY only; variable rate account, APY may change without notice; interest compounded daily; no monthly maintenance fee; no minimum balance required; available exclusively online and by phone
- Oct 7, 20264.20%▲ from 3.90%
- Sep 18, 20263.90%first recorded
Deposits and withdrawals comply with Federal Regulations
- Oct 9, 20264.18%▲ from 4.05%
- Sep 14, 20264.05%first recorded
Balance: $.01 - $500.00
Balance: $1,000 - 20,000; Rate is subject to change at financial institution's discretion; $1,000 minimum balance to obtain APY; Statement Frequency: Quarterly
Balance: $5,000 and over
- Oct 14, 20263.75%▲ from 0.25%
- Sep 24, 20260.25%first recorded
Interest Credited: Monthly; FDIC Insured: Yes; Account Maximum: $500,000; Annual percentage yield (APY) effective 10/19/2026
Balance: $2,000.00 - $20,000.00; balance above $20,000.00 will not earn a dividend
Balance: Balances Through $249,999.99; Minimum opening deposit $10; No minimum balance
IRA Rates; Footnote 4: minimum initial deposit $1,000 for Traditional and Roth IRA Certificates, $500 for Educational IRA Certificates; Dividends are compounded daily and paid quarterly
- Oct 8, 20263.30%▲ from 3.05%
- Sep 16, 20263.05%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: $5MM and over; Tiered rate account, minimum balance of $100,000 required to obtain the premium APY
Balance: $1,000,000 and over
Compounding and crediting: Monthly; b. Rate only available for Health Savings Account contributions.
Balance: $0 - $50,000.00
APY accurate as of 10-01-2025; Minimum Balance for APY: $0.01; Online Only
Earn and Learn available to members up through age 18; APY dividend of 2.96% earned on balances $5.00-$2,500.00; balances over $2,500.00 earn 0.20% APY; Minimum Balance/Average Daily Balance: $5/$5
- Oct 3, 20262.90%▲ from 2.75%
- Sep 14, 20262.75%first recorded
Balance: $25,000 - $99,999.99; Tiered rate account, minimum balance of $100,000 required to obtain the premium APY
Minimum balance to obtain stated APY is $5.00; Rate only valid on Savings accounts that adhere to the requirements of the Missouri Transfers to Minors Law
Quarter ending September 30, 2026; Dividends compounded quarterly and credited every quarter
Balance: less than $25,000 daily balance; $0 minimum balance; No withdraw penalties; No maintenance fees
Balance: Up to $50,000.00
- Oct 14, 20262.00%▲ from 0.01%
- Sep 14, 20260.01%first recorded
Balance: above $25,000 and up to $50,000
Balance: $100,000 and over
Balance: $25,000-$99,999
Balance: $2,500-$24,999; Must maintain a minimum average daily balance of $2,500 to earn dividends
Balance: up to $25,000
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.
Springfield, MO Savings Rate Trends
Compare local Springfield, MO 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.
Missouri high-yield savings rates rose 0.177 points over the past 7 days to 2.180% APY, up from 2.003%.
Missouri standard savings rates rose 0.003 points over the past 7 days to 0.419% APY, up from 0.416%.
Springfield, Missouri Savings Rate Forecast, Next 12 Months
Savings rates move with Federal Reserve policy. Our model uses the current MO 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 MO high-yield savings average of 2.180% 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 Springfield, Missouri.
Savings Account Earnings in Springfield, Missouri
Annual interest earnings at current MO average APYs, based on the high-yield and standard savings averages tracked in our database. Compounding assumed monthly.
| Balance | HY Savings (2.180% APY) | Monthly Earnings | Standard Savings (0.419% APY) | Monthly Earnings |
|---|---|---|---|---|
| $5,000 | $109.01 / year | $9.08 | $20.92 / year | $1.74 |
| $10,000 | $218.02 / year | $18.17 | $41.85 / year | $3.49 |
| $25,000 | $545.05 / year | $45.42 | $104.62 / year | $8.72 |
| $50,000 | $1,090.10 / year | $90.84 | $209.25 / year | $17.44 |
| 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: Springfield, Missouri savings rate averages as of October 19, 2026. | ||||
About Our Springfield, Missouri Savings Rate Database
MonitorBankRates found 10 institutions with branches in Springfield (6 banks, 4 credit unions), plus 32 additional state-chartered and national online institutions available to Springfield 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: US Bank offers a savings account at 3.50% APY with a minimum deposit of $25. Use the rate table above to compare all current offers in Springfield, Missouri.
How to Find the Best Savings Rates in Springfield, Missouri
What to compare when shopping for a savings account in Springfield, Missouri
To find the best savings APYs in Springfield, Missouri, start with credit unions and online-only banks: Springfield, Missouri has 19 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 MO high-yield savings average is 2.180% but top local institutions are offering as high as 3.50%, 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. Springfield, Missouri high-yield savings rates currently average 2.180% 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 Springfield, Missouri institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 42 institutions in Springfield, Missouri 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 Springfield, Missouri CD rates
- You want check-writing flexibility Springfield, Missouri money market rates
- You need daily transaction access Springfield, Missouri checking rates
Springfield, Missouri Financial Snapshot
Local demographics and economic context for savers. Source: U.S. Census Bureau
16.2% of residents are 65 or older, below the national average of 17.3%. At today’s MO high-yield savings average of 2.180%, saving 10% of the local median salary ($3,217/year) would earn an additional $70 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Savings Accounts vs. Other Springfield, Missouri Options
How high-yield savings accounts compare to other deposit products available at banks and credit unions in Springfield, Missouri.
| Feature | High-Yield Savings | Standard Savings | Money Market | CD (12-Month) |
|---|---|---|---|---|
| Current MO Avg APY | 2.180% | 0.419% | 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 Springfield, Missouri averages tracked in our database as of October 19, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Savings Calculators for Springfield, Missouri
At MO’s top rate of 3.50% from US Bank, a $10,000 deposit earns $350 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Springfield, Missouri earner is roughly $8,000. At 2.180% APY, saving $670/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. High-Yield SavingsMissouri’s high-yield savings average is 2.180% 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 Springfield, Missouri earner makes $32,170/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 2.180% APY.
Retirement PlannerA $25,000 high-yield savings balance earning 2.180% APY grows to roughly $38,484 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 Springfield, Missouri 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 Springfield, Missouri 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 Springfield, Missouri. We feature a comprehensive mix of institutions, from neighborhood credit unions and competitive regional banks to large national institutions available to savers in MO.
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 Springfield, Missouri
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Springfield, Missouri safe?
How often do savings rates change in Springfield, Missouri?
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 Springfield, Missouri?
How do I open a savings account in Springfield, Missouri?
Best Savings Rates in Springfield, Missouri
- US Bank
Bank Smartly Savings Account: 3.50% APY - Sullivan Bank
Cash Rewards with Savings Rewards: 3.00% APY - Assemblies Of God Credit Union
Health Savings Account (HSA): 2.02% APY - Mid-Missouri Bank
Kasasa Saver Savings: 1.00% APY - Phelps County Bank
Minor Savings: 1.00% APY
Springfield, Missouri Rates & Resources
