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Utah Savings Rate Trends

Midvale, Utah (UT) Savings Rates - March 2026

The best savings rates for Midvale, Utah and the surrounding area include Cyprus Federal Credit UnionCyprus Federal Credit Union7160 S Union Park Ave, Midvale, UT 84047A+5.0 ★Texas Ratio: 2.42% Dream Round Up Savings at 10.00% APY, Granite Federal Credit UnionGranite Federal Credit Union6799 S 900 E, Midvale, UT 84047 1436A+5.0 ★Texas Ratio: 2.83% Tier 1 YoungInvestor Savings at 5.00% APY, First Utah BankFirst Utah Bank7070 S State St, Midvale, UT 84047A+5.0 ★Texas Ratio: 3.12% Business Money Market and Savings at 2.47% APY, UMB BankUMB Bank911 E Fort Union Blvd, Midvale, UT 84047A+5.0 ★Texas Ratio: 0.71% UMB Premium Savings at 0.55% APY, and Jordan Federal Credit UnionJordan Federal Credit Union658 W Center St, Midvale, UT 84047 7124A+5.0 ★Texas Ratio: 3.01% Regular Share Savings at 0.10% APY.

To see how these savings rates in Midvale, Utah, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Midvale, Utah (UT) are continually updated — we recommend checking back frequently.

Savings rates reflect recent market quotes and representative offers available to depositors in Midvale, Utah and the surrounding area. Last Updated and Verified: March 23, 2026

Midvale, UT Savings Rate Trends

Compare local Midvale, UT 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 Utah Savings Trends →
High-Yield Savings — UT Avg
0.312%
▼ 3.034 from last week

Utah high-yield savings rates fell 3.034 points this week to 0.312% APY, down from 3.346% last week.

Standard Savings — UT Avg
1.218%
▲ 0.785 from last week

Utah standard savings rates rose 0.785 points this week to 1.218% APY, up from 0.433% last week.

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

Compare the Best Savings Rates in Midvale, Utah & Surrounding Communities

Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Cyprus Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.42%
7160 S Union Park Ave, Midvale, UT 84047
Dream Round Up Savings
10.00%
$0
Rate9.57%
Min Deposit$0
Min Balance
UpdatedMar 18, 2026
Details

Granite Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.83%
6799 S 900 E, Midvale, UT 84047 1436
Tier 1 YoungInvestor Savings
5.00%
$0
Rate4.89%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Granite Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.83%
6799 S 900 E, Midvale, UT 84047 1436
YoungInvestor Savings
5.00%
$0
Rate4.89%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Granite Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.83%
6799 S 900 E, Midvale, UT 84047 1436
Tier 2 YoungInvestor Savings
4.00%
$0
Rate3.93%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Granite Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.83%
6799 S 900 E, Midvale, UT 84047 1436
Tier 3 YoungInvestor Savings
3.00%
$0
Rate2.96%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

First Utah Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.12%
7070 S State St, Midvale, UT 84047
Business Money Market and Savings
2.47%
$2,500
Rate2.45%
Min Deposit$2,500
Min Balance
UpdatedMar 20, 2026
Details

First Utah Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.12%
7070 S State St, Midvale, UT 84047
Business Money Market and Savings
2.22%
$2,500
Rate2.20%
Min Deposit$2,500
Min Balance
UpdatedMar 20, 2026
Details

First Utah Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.12%
7070 S State St, Midvale, UT 84047
Personal Money Market and Savings
2.07%
$2,500
Rate2.05%
Min Deposit$2,500
Min Balance
UpdatedMar 20, 2026
Details

First Utah Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.12%
7070 S State St, Midvale, UT 84047
Business Money Market and Savings
2.07%
$2,500
Rate2.05%
Min Deposit$2,500
Min Balance
UpdatedMar 20, 2026
Details

First Utah Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.12%
7070 S State St, Midvale, UT 84047
Companion Savings
1.07%
$0
Rate1.06%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

UMB Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.71%
911 E Fort Union Blvd, Midvale, UT 84047
UMB Premium Savings
0.55%
$0
Rate0.55%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

First Utah Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.12%
7070 S State St, Midvale, UT 84047
Personal Money Market and Savings
0.50%
$2,500
Rate0.50%
Min Deposit$2,500
Min Balance
UpdatedMar 20, 2026
Details

First Utah Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.12%
7070 S State St, Midvale, UT 84047
Business Money Market and Savings
0.50%
$2,500
Rate0.50%
Min Deposit$2,500
Min Balance
UpdatedMar 20, 2026
Details

Jordan Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.01%
658 W Center St, Midvale, UT 84047 7124
Regular Share Savings
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 17, 2026
Details

Fees could reduce earnings. Dividends are credited quarterly. The Dividend Rate and Annual Percentage Yield may change quarterly for Share Savings.

America First Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.12%
7755 S 700 E, Midvale, UT 84047
Share Savings
0.05%
$1
Rate0.05%
Min Deposit$1
Min Balance
UpdatedMar 17, 2026
Details

Mountain America Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.38%
7013 S River Gate Dr, Midvale, UT 84047
Secondary savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Insured by NCUA. Effective as of 3/19/2026. There is no minimum deposit required to open a secondary savings account and balances above $0 will accrue dividends. Rates and terms are subject to change.

Mountain America Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.38%
7013 S River Gate Dr, Midvale, UT 84047
Savings accounts
0.05%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Mountain America Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.38%
7013 S River Gate Dr, Midvale, UT 84047
Primary savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Insured by NCUA. Effective as of 3/19/2026. Minimum deposit required to open and maintain a primary savings account is $1. Balances of $100 or more will accrue dividends. Rates and terms are subject to change.

Granite Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.83%
6799 S 900 E, Midvale, UT 84047 1436
Tier 4 YoungInvestor Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Granite Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.83%
6799 S 900 E, Midvale, UT 84047 1436
Secondary Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Granite Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.83%
6799 S 900 E, Midvale, UT 84047 1436
Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Granite Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.83%
6799 S 900 E, Midvale, UT 84047 1436
Organizational Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Granite Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.83%
6799 S 900 E, Midvale, UT 84047 1436
Business Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Cyprus Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.42%
7160 S Union Park Ave, Midvale, UT 84047
Regular Share Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 18, 2026
Details

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
7169 S Bingham Junction Blvd, Midvale, UT 84047
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%
7169 S Bingham Junction Blvd, Midvale, UT 84047
Retirement High Yield Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

UMB Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.71%
911 E Fort Union Blvd, Midvale, UT 84047
UMB Savings
0.02%
$0
Rate0.02%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
7169 S Bingham Junction Blvd, Midvale, UT 84047
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%
7169 S Bingham Junction Blvd, Midvale, UT 84047
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

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
7169 S Bingham Junction Blvd, Midvale, UT 84047
Way2Save® Savings
0.01%
$25
Rate0.01%
Min Deposit$25
Min Balance
UpdatedMar 22, 2026
Details

$25 minimum opening deposit

Nebo Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.02%
730 E 300 S, Springville, UT 84663
Dream Round Up Savings
10.00%
$0
Rate9.57%
Min Deposit$0
Min Balance
UpdatedMar 17, 2026
Details

Chevron Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.35%
273 W 500 S, Bountiful, UT 84010
MySavings Youth
7.00%
$0
Rate6.77%
Min Deposit$0
Min Balance
UpdatedMar 18, 2026
Details

Varo Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
11781 S Lone Peak Pkwy, Draper, UT 84020
High interest savings
5.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Qualifying balance up to $5,000.00

Varo Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
11781 S Lone Peak Pkwy, Draper, UT 84020
Savings Account
5.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Qualifying balance up to $5,000.00

Varo Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
11781 S Lone Peak Pkwy, Draper, UT 84020
High-Yield Savings Account
5.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Qualifications Required: Receiving direct deposit(s) totaling $1,000 or more; Ending the month with a positive balance in all your Varo Accounts; Qualify to earn 5.00% Annual Percentage Yield (APY) on up to $5,000

Chartway Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.26%
562 N Main St, Tooele, UT 84074
Smart Steps Savings
4.50%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 18, 2026
Details

Pitney Bowes Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.80%
215 S State St, Salt Lake City, UT 84111
Business Savings Account
4.25%
$0
Rate4.25%
Min Deposit$0
Min Balance
UpdatedMar 15, 2026
Details

Standard Rate*

LendingClub
Institution Rating:
A5.0 ★Texas Ratio: 6.13%
2701 N Thanksgiving Way, Lehi, UT 84043
LevelUp Savings
4.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Earn 10x the National Average2

Bread Financial
Institution Rating:
B4.4 ★Texas Ratio: 22.10%
12921 S Vista Station Blvd, Draper, UT 84020
Retirement High-Yield Savings
4.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 18, 2026
Details

Bread Financial
Institution Rating:
B4.4 ★Texas Ratio: 22.10%
12921 S Vista Station Blvd, Draper, UT 84020
High-Yield Savings Account
4.00%
$100
Rate0.00%
Min Deposit$100
Min Balance
UpdatedMar 18, 2026
Details

LimeLight Bank
Institution Rating:
A5.0 ★Texas Ratio: 12.00%
3280 N University Ave, Provo, UT 84604
High-Yield Savings Account
3.90%
$100
Rate0.00%
Min Deposit$100
Min Balance
UpdatedMar 17, 2026
Details

Nelnet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.05%
13907 S Minuteman Dr, Draper, UT 84020
K-12 High-Yield Savings Accounts
3.89%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 15, 2026
Details

Sallie Mae
Institution Rating:
A5.0 ★Texas Ratio: 7.81%
175 S West Temple, Salt Lake City, UT 84101
High-Yield Savings Account
3.85%
$0
Rate3.78%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

TAB Bank
Institution Rating:
A5.0 ★Texas Ratio: 13.12%
4185 Harrison Blvd, Ogden, UT 84403
High Yield Savings
3.80%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 15, 2026
Details

Prime Alliance Bank
Institution Rating:
D3.1 ★Texas Ratio: 37.64%
1868 S 500 W, Woods Cross, UT 84010
Business Savings Account
3.75%
$0
Rate3.69%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Prime Alliance Bank
Institution Rating:
D3.1 ★Texas Ratio: 37.64%
1868 S 500 W, Woods Cross, UT 84010
Personal Savings
3.75%
$0
Rate3.69%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

TAB Bank
Institution Rating:
A5.0 ★Texas Ratio: 13.12%
4185 Harrison Blvd, Ogden, UT 84403
High Yield Savings
3.61%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 15, 2026
Details

Prime Alliance Bank
Institution Rating:
D3.1 ★Texas Ratio: 37.64%
1868 S 500 W, Woods Cross, UT 84010
Business Savings Account
3.56%
$0
Rate3.50%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

UTAH COMMUNITY
Institution Rating:
C3.8 ★Texas Ratio: 29.46%
360 W 4800 N, Provo, UT 84604
Money Market Savings
3.55%
$0
Rate3.49%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Deseret First Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.12%
3999 W Parkway Blvd, West Valley City, UT 84120
Mission Savings Fund
3.50%
$0
Rate3.45%
Min Deposit$0
Min Balance
UpdatedMar 13, 2026
Details

Freedom Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.27%
815 N Freedom Blvd, Provo, UT 84604 3315
High Yield Savings
3.50%
$25
Rate0.00%
Min Deposit$25
Min Balance
UpdatedMar 23, 2026
Details

Qualifications Required: At least 1 direct deposit, ACH payment, or bill pay transaction; At least 12 debit card purchases; Be enrolled in and agree to receive e-statements; Qualifying balance up to $250,000

Desert Rivers Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.83%
725 N Main St, Moab, UT 84532 2132
Premier Savings
3.25%
$0
Rate3.20%
Min Deposit$0
Min Balance
UpdatedMar 13, 2026
Details

Desert Rivers Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.83%
725 N Main St, Moab, UT 84532 2132
Premier Savings
3.00%
$0
Rate2.96%
Min Deposit$0
Min Balance
UpdatedMar 13, 2026
Details

Baxter Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.73%
12050 S Lone Peak Pkwy, Draper, UT 84020 9414
SafeGuard Savings, Consumer
3.00%
$0
Rate2.96%
Min Deposit$0
Min Balance
UpdatedMar 18, 2026
Details

Baxter Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.73%
12050 S Lone Peak Pkwy, Draper, UT 84020 9414
SafeGuard Savings, Municipal
3.00%
$0
Rate2.96%
Min Deposit$0
Min Balance
UpdatedMar 18, 2026
Details

Desert Rivers Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.83%
725 N Main St, Moab, UT 84532 2132
Premier Savings
2.60%
$0
Rate2.57%
Min Deposit$0
Min Balance
UpdatedMar 13, 2026
Details

Horizon Utah Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.06%
225 S 200 W, Farmington, UT 84025
ROTH IRA SHARE
2.60%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Horizon Utah Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.06%
225 S 200 W, Farmington, UT 84025
TRAD IRA SHARE
2.60%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Desertview Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.49%
196 North Main, Huntington, UT 84528
Money Master Shares Tier 4
2.53%
$50,000
Rate2.50%
Min Deposit$50,000
Min Balance
UpdatedMar 13, 2026
Details

Texas Health Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.83%
4897 W LAKE PARK BLVD, SALT LAKE CITY, UT 84120
IRA Savings
2.52%
$0
Rate2.50%
Min Deposit$0
Min Balance
UpdatedMar 17, 2026
Details

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 Midvale, Utah 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 Midvale, Utah. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in UT.

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 Midvale, Utah

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 Utah, help your money grow faster through a higher APY.

Are savings accounts in Midvale, Utah 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 Utah up to $250,000 per depositor, per institution.

How often do savings rates change in Midvale, Utah?

Savings rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Utah 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 Midvale, Utah 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 Midvale, Utah?

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

How do I open a savings account in Midvale, Utah?

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 Midvale, Utah

Here are recent savings rates observed in Midvale, Utah and the surrounding area:
  • Cyprus Federal Credit Union
    Dream Round Up Savings — 10.00% APY
  • Granite Federal Credit Union
    Tier 1 YoungInvestor Savings — 5.00% APY
  • First Utah Bank
    Business Money Market and Savings — 2.47% APY
  • UMB Bank
    UMB Premium Savings — 0.55% APY
  • Jordan Federal Credit Union
    Regular Share Savings — 0.10% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Midvale, Utah. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 23, 2026