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Oregon Savings Rate Trends

Springfield, Oregon (OR) Savings Rates - March 2026

The best savings rates for Springfield, Oregon and the surrounding area include Oregon Community Credit UnionOregon Community Credit Union1981 Mohawk Blvd, Springfield, OR 97477A-5.0 ★Texas Ratio: 15.09% Ignite Savings at 5.25% APY, SELCO Community Credit UnionSELCO Community Credit Union925 Harlow Rd, Springfield, OR 97477A+5.0 ★Texas Ratio: 3.37% Vault Youth Savings at 5.00% APY, OnPoint Community Credit UnionOnPoint Community Credit Union650 Q St, Springfield, OR 97477 2353A+5.0 ★Texas Ratio: 3.91% OnPoint Premium Savings at 3.50% APY, Banner BankBanner Bank707 Main St, Springfield, OR 97477A+5.0 ★Texas Ratio: 1.69% High Yield Relationship Savings at 2.63% APY, and Pacific Cascade Federal Credit UnionPacific Cascade Federal Credit Union1190 Mohawk Blvd, Springfield, OR 97477 4130A+5.0 ★Texas Ratio: 4.88% Checking and Savings at 0.75% APY.

To see how these savings rates in Springfield, 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 Springfield, Oregon (OR) are continually updated — we recommend checking back frequently.

Savings rates reflect recent market quotes and representative offers available to depositors in Springfield, Oregon and the surrounding area. Last Updated and Verified: March 22, 2026

Springfield, OR Savings Rate Trends

Compare local Springfield, 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.

View Full Oregon Savings Trends →
High-Yield Savings — OR Avg
1.297%
▼ 0.254 from last week

Oregon high-yield savings rates fell 0.254 points this week to 1.297% APY, down from 1.551% last week.

Standard Savings — OR Avg
0.892%
▲ 0.353 from last week

Oregon standard savings rates rose 0.353 points this week to 0.892% APY, up from 0.539% last week.

As of Mar 23, 2026 • Rate data sourced from 8,500+ monitored institutions Powered by MonitorBankRates

Compare the Best Savings Rates in Springfield, Oregon & Surrounding Communities

Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Oregon Community Credit Union
Institution Rating:
A-5.0 ★Texas Ratio: 15.09%
1981 Mohawk Blvd, Springfield, OR 97477
Ignite Savings
5.25%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 17, 2026
Details

Qualifying balance up to $500.00

SELCO Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.37%
925 Harlow Rd, Springfield, OR 97477
Vault Youth Savings
5.00%
$5
Rate0.00%
Min Deposit$5
Min Balance
UpdatedMar 21, 2026
Details

Additional savings grows according to the Rate & Fee Schedule

SELCO Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.37%
925 Harlow Rd, Springfield, OR 97477
Cultivate High-Yield Savings
5.00%
$0
Rate5.00%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

OnPoint Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.91%
650 Q St, Springfield, OR 97477 2353
OnPoint Premium Savings
3.50%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Qualifications Required: Six qualifying transactions per month in an OnPoint checking account; Qualifying balance up to $100,000.00

OnPoint Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.91%
650 Q St, Springfield, OR 97477 2353
Member Savings
3.50%
$0
Rate3.45%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

SELCO Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.37%
925 Harlow Rd, Springfield, OR 97477
Cultivate High-Yield Savings
3.10%
$0
Rate3.10%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

SELCO Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.37%
925 Harlow Rd, Springfield, OR 97477
Vault Youth Savings
3.00%
$5
Rate0.00%
Min Deposit$5
Min Balance
UpdatedMar 21, 2026
Details

Additional savings grows according to the Rate & Fee Schedule

Banner Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.69%
707 Main St, Springfield, OR 97477
High Yield Relationship Savings
2.63%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 18, 2026
Details

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.

Banner Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.69%
707 Main St, Springfield, OR 97477
High Yield Relationship Savings
2.58%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 18, 2026
Details

Banner Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.69%
707 Main St, Springfield, OR 97477
High Yield Relationship Savings
2.53%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 18, 2026
Details

Banner Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.69%
707 Main St, Springfield, OR 97477
High Yield Relationship Savings
2.28%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 18, 2026
Details

Banner Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.69%
707 Main St, Springfield, OR 97477
High Yield Relationship Savings
2.02%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 18, 2026
Details

OnPoint Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.91%
650 Q St, Springfield, OR 97477 2353
OnPoint Premium Savings
2.00%
$0
Rate1.99%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Banner Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.69%
707 Main St, Springfield, OR 97477
High Yield Relationship Savings
1.51%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 18, 2026
Details

SELCO Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.37%
925 Harlow Rd, Springfield, OR 97477
Cultivate High-Yield Savings
1.50%
$0
Rate1.50%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Pacific Cascade Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.88%
1190 Mohawk Blvd, Springfield, OR 97477 4130
Checking and Savings
0.75%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

up to

SELCO Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.37%
925 Harlow Rd, Springfield, OR 97477
Membership Savings / Simple Savings
0.50%
$5
Rate0.50%
Min Deposit$5
Min Balance
UpdatedMar 21, 2026
Details

SELCO Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.37%
925 Harlow Rd, Springfield, OR 97477
Vault Youth Savings
0.50%
$5
Rate0.50%
Min Deposit$5
Min Balance
UpdatedMar 21, 2026
Details

OnPoint Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.91%
650 Q St, Springfield, OR 97477 2353
OnPoint Business Loyalty Savings Account
0.35%
$0
Rate0.35%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

OnPoint Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.91%
650 Q St, Springfield, OR 97477 2353
OnPoint Loyalty Savings
0.35%
$0
Rate0.35%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

SELCO Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.37%
925 Harlow Rd, Springfield, OR 97477
Vault Youth Savings
0.30%
$5
Rate0.30%
Min Deposit$5
Min Balance
UpdatedMar 21, 2026
Details

SELCO Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.37%
925 Harlow Rd, Springfield, OR 97477
Membership Savings / Simple Savings
0.30%
$5
Rate0.30%
Min Deposit$5
Min Balance
UpdatedMar 21, 2026
Details

Banner Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.69%
707 Main St, Springfield, OR 97477
High Yield Relationship Savings
0.25%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 18, 2026
Details

Banner Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.69%
707 Main St, Springfield, OR 97477
Banner's Best Savings
0.25%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 18, 2026
Details

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.

SELCO Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.37%
925 Harlow Rd, Springfield, OR 97477
Membership Savings / Simple Savings
0.20%
$5
Rate0.20%
Min Deposit$5
Min Balance
UpdatedMar 21, 2026
Details

SELCO Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.37%
925 Harlow Rd, Springfield, OR 97477
Vault Youth Savings
0.20%
$5
Rate0.20%
Min Deposit$5
Min Balance
UpdatedMar 21, 2026
Details

OnPoint Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.91%
650 Q St, Springfield, OR 97477 2353
IRA savings
0.15%
$0
Rate0.15%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

OnPoint Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.91%
650 Q St, Springfield, OR 97477 2353
Business savings & business secondary savings
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

OnPoint Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.91%
650 Q St, Springfield, OR 97477 2353
Member Savings
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

OnPoint Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.91%
650 Q St, Springfield, OR 97477 2353
Secondary Savings
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

SELCO Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.37%
925 Harlow Rd, Springfield, OR 97477
Membership Savings / Simple Savings
0.10%
$5
Rate0.10%
Min Deposit$5
Min Balance
UpdatedMar 21, 2026
Details

Emerald Empire Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.40%
850 Beltline Rd, Springfield, OR 97477
Regular Share Account
0.05%
$25
Rate0.05%
Min Deposit$25
Min Balance
UpdatedMar 22, 2026
Details

Emerald Empire Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.40%
850 Beltline Rd, Springfield, OR 97477
Secondary Savings Account
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
222 Route 22, Springfield, NJ 07081
Platinum Savings
0.05%
$25
Rate0.05%
Min Deposit$25
Min Balance
UpdatedMar 22, 2026
Details

Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
222 Route 22, Springfield, NJ 07081
Retirement High Yield Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
222 Route 22, Springfield, NJ 07081
Platinum Savings
0.02%
$25
Rate0.02%
Min Deposit$25
Min Balance
UpdatedMar 22, 2026
Details

Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
222 Route 22, Springfield, NJ 07081
Way2Save® Savings
0.01%
$25
Rate0.01%
Min Deposit$25
Min Balance
UpdatedMar 22, 2026
Details

$25 minimum opening deposit

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
222 Route 22, Springfield, NJ 07081
Platinum Savings
0.01%
$25
Rate0.01%
Min Deposit$25
Min Balance
UpdatedMar 22, 2026
Details

Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit

Red Canoe Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.75%
810 Burkhart St SE, Albany, OR 97322
Round Up Savings
6.00%
$0
Rate5.84%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Spokane Teachers Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.44%
1190 Campbell St, Baker City, OR 97814
First5 savings
5.10%
$0
Rate5.00%
Min Deposit$0
Min Balance
UpdatedMar 17, 2026
Details

Qualifying balance up to $500.01

Unitus Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.22%
1300 SW 6th Ave, Portland, OR 97201 3464
Rewards Savings Account
5.00%
$0
Rate4.89%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Full Balance

Unitus Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.22%
1300 SW 6th Ave, Portland, OR 97201 3464
Rewards Savings
5.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Qualifying balance up to $1,000.00

1st Security Bank of Washington
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
98 South Oregon Street, Ontario, OR 97914
Business Optimum Savings
5.00%
$100
Rate0.00%
Min Deposit$100
Min Balance
UpdatedMar 20, 2026
Details

Qualifying balance up to $5,000.00

1st Security Bank of Washington
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
98 South Oregon Street, Ontario, OR 97914
Optimum Savings
5.00%
$100
Rate0.00%
Min Deposit$100
Min Balance
UpdatedMar 20, 2026
Details

Qualifying balance up to $5,000.00

1st Security Bank of Washington
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
98 South Oregon Street, Ontario, OR 97914
Optimum Student Savings
5.00%
$25
Rate0.00%
Min Deposit$25
Min Balance
UpdatedMar 20, 2026
Details

Must be opened at a branch; Qualifying balance up to $5,000.00

Marion And Polk Schools Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.47%
451 Division St NE, Salem, OR 97301
Member Rewards Savings Account
5.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Available for personal memberships.

1st Security Bank of Washington
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
98 South Oregon Street, Ontario, OR 97914
Nonprofit Savings
3.25%
$2,500
Rate0.00%
Min Deposit$2,500
Min Balance
UpdatedMar 20, 2026
Details

$100,000 and greater

Peoples Bank of Commerce
Institution Rating:
A+5.0 ★Texas Ratio: 0.64%
1528 Biddle Rd, Medford, OR 97504
High Yield Savings
1.76%
$0
Rate1.75%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

1st Security Bank of Washington
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
98 South Oregon Street, Ontario, OR 97914
Nonprofit Savings
1.50%
$2,500
Rate0.00%
Min Deposit$2,500
Min Balance
UpdatedMar 20, 2026
Details

$50,000-$99,999.99

Peoples Bank of Commerce
Institution Rating:
A+5.0 ★Texas Ratio: 0.64%
1528 Biddle Rd, Medford, OR 97504
High Yield Savings
1.06%
$0
Rate1.05%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

1st Security Bank of Washington
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
98 South Oregon Street, Ontario, OR 97914
Nonprofit Savings
1.00%
$2,500
Rate0.00%
Min Deposit$2,500
Min Balance
UpdatedMar 20, 2026
Details

$0-$49,999.99

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice.

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.

Methodology & Data Sources

Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Springfield, 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 Springfield, 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.

Frequently Asked Questions about Savings Accounts in Springfield, Oregon

What is a High-Yield Savings Account (HYSA)?

A High-Yield Savings Account (HYSA) typically pays significantly higher interest than standard accounts at national brick-and-mortar banks. These accounts, often found at online banks or local credit unions in Oregon, help your money grow faster through a higher APY.

Are savings accounts in Springfield, Oregon safe?

Yes, as long as the institution is FDIC insured (for banks) or NCUA insured (for credit unions). This provides federal protection for your deposits in Oregon up to $250,000 per depositor, per institution.

How often do savings rates change in Springfield, Oregon?

Savings rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Oregon rate tables daily to ensure you see the most current high-yield options.

Do I need a minimum deposit to open a savings account?

It depends on the bank. Many online high-yield savings accounts have no minimum deposit requirement, while some traditional banks in Springfield, Oregon may require $25–$100 to open an account.

What is the difference between a Savings Account and a Money Market Account?

Both pay interest and are federally insured. Money Market Accounts (MMAs) often come with check-writing privileges or a debit card, making them more flexible, whereas standard savings accounts typically do not.

Are online banks better than local banks in Springfield, Oregon?

Online banks often offer higher APYs because they have lower overhead costs. However, local banks in Springfield, Oregon offer in-person customer service, which some customers prefer.

How do I open a savings account in Springfield, Oregon?

You can open a savings account online or in-person. You will generally need a government-issued ID, your Social Security number, and an initial deposit to get started.

Best Savings Rates in Springfield, Oregon

Here are recent savings rates observed in Springfield, Oregon and the surrounding area:
  • Oregon Community Credit Union
    Ignite Savings — 5.25% APY
  • SELCO Community Credit Union
    Vault Youth Savings — 5.00% APY
  • OnPoint Community Credit Union
    OnPoint Premium Savings — 3.50% APY
  • Banner Bank
    High Yield Relationship Savings — 2.63% APY
  • Pacific Cascade Federal Credit Union
    Checking and Savings — 0.75% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Springfield, Oregon. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 22, 2026