The best savings rates for Hermiston, Oregon and the surrounding area include Spokane Teachers Credit UnionSpokane Teachers Credit Union50 E Theater Ln, Hermiston, OR 97838A+5.0 ★Texas Ratio: 3.44% First5 Savings at 5.10% APY, Banner BankBanner Bank101 E Main St, Hermiston, OR 97838A+5.0 ★Texas Ratio: 1.69% High Yield Relationship Savings at 2.63% APY, HAPO Community Credit UnionHAPO Community Credit Union1905 N 1st St, Hermiston, OR 97838A+5.0 ★Texas Ratio: 2.10% Savings at 0.05% APY, Red Canoe Credit UnionRed Canoe Credit Union810 Burkhart St SE, Albany, OR 97322A+5.0 ★Texas Ratio: 3.75% Round Up Savings at 6.00% APY, and Oregon Community Credit UnionOregon Community Credit Union2880 Chad Dr, Eugene, OR 97408A-5.0 ★Texas Ratio: 15.09% Ignite Savings at 5.25% APY. Savings rates as of March 24, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Hermiston, Oregon, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Hermiston, Oregon (OR) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Hermiston, Oregon and the surrounding area. Last Updated and Verified: March 24, 2026
Minimum opening balance of $25,000 must be new money to Banner Bank. A Banner Bank checking account is required to open a High Yield Relationship Savings account.
Monthly service charge of $10 is waived when you meet one of the following criteria during that monthly statement cycle: $5,000 minimum daily balance or $10,000 average daily combined balance for checking and savings deposit relationship. If relationship balance is below $25,000, Annual Percentage Yield (APY) is 0.25%. Public fund accounts not eligible. Additional restrictions may apply.
Balances above $500 earn 0.25% APY.
Qualifying balance up to $500.00
Additional savings grows according to the Rate & Fee Schedule
Qualifying balance up to $1,000.00
Full Balance
Available for personal memberships.
Qualifying balance up to $5,000.00
Must be opened at a branch; Qualifying balance up to $5,000.00
Qualifying balance up to $5,000.00
Qualifying balance up to $25,000.00
Qualifying balance up to $25,000.00
Qualifications Required: Six qualifying transactions per month in an OnPoint checking account; Qualifying balance up to $100,000.00
Qualifying balance up to $1,000.00
$100,000 and greater
Qualifications Required: Bundle with a Horizon checking account (excluding - Tether and Explorer Checking); Log on to online banking at least one time each calendar month; Receive at least one direct deposit that successfully posts to an account in the membership each calendar month; Conduct a minimum of 15 debit card transactions via the checking account in each calendar month; Be enrolled in electronic statements; Qualifying balance up to $50,000; $2,000 lender credit for first-time homebuyers
Additional savings grows according to the Rate & Fee Schedule
Qualifying balance up to $2,499.99
$50,000-$99,999.99
$0-$49,999.99
Compare local Hermiston, OR savings rate quotes against the statewide average
Weekly savings rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
Oregon high-yield savings rates rose 0.041 points this week to 1.097% APY, up from 1.056% last week.
Oregon standard savings rates rose 0.397 points this week to 0.899% APY, up from 0.502% last week.
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Hermiston, Oregon 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 Hermiston, Oregon. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in OR.
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.