Salt Lake City, Utah (UT) Savings Rates - April 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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The best savings rates for Salt Lake City, Utah and the surrounding area include Cyprus Federal Credit UnionCyprus Federal Credit Union5750 S Redwood Rd, Salt Lake City, UT 84123 5356A+5.0 ★Texas Ratio: 2.42% Dream Round Up Savings at 10.00% APY, Granite Federal Credit UnionGranite Federal Credit Union3675 S 900 E, Salt Lake City, UT 84106A+5.0 ★Texas Ratio: 2.83% YoungInvestor Savings at 5.00% APY, Chartway Credit UnionChartway Credit Union2210 S State St, Salt Lake City, UT 84115A+5.0 ★Texas Ratio: 1.26% Smart Steps Savings at 4.50% APY, Sallie MaeSallie Mae175 S West Temple, Salt Lake City, UT 84101A5.0 ★Texas Ratio: 7.81% High-Yield Savings Account at 3.75% APY, and Deseret First Federal Credit UnionDeseret First Federal Credit Union50 E South Temple, Salt Lake City, UT 84111 1010A5.0 ★Texas Ratio: 7.12% Mission Savings Fund at 3.50% APY. Savings rates as of March 29, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Salt Lake City, 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 Salt Lake City, Utah (UT) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Salt Lake City, Utah and the surrounding area. Last Updated and Verified: March 29, 2026
Compare the Best Savings Rates in Salt Lake City, Utah & Surrounding Communities
Qualifying balance up to $2,000
Qualifying balance up to $1,000.00
During the first 6 months after account opening, a promotional APY of 5.00% applies to that portion of the total account balance within the first tier, up to $2,499.99.
Loyalty Rate: 3.93%, Loyalty APY: 4.00%
Bonus Savings account promotional rate of 2.50% APY is effective as of 1/31/24. Dividends are paid quarterly. Rate is subject to change. Annual Percentage Yield (APY). Bonus Savings account is available for new and existing members of Chartway Credit Union. To qualify for the offer, Bonus Savings account must be funded completely with new money. New money is defined as funds not currently on deposit with Chartway Credit Union. Funds transferred from IRA accounts are not eligible for this product. Fees could reduce earnings on the account (applies only to maintenance or activity fees). Chartway senior leadership positions (Vice President and above), Board of Directors, and volunteers are not eligible for this product.
per folder on folder balances over $10
The Board of Directors has declared a dividend on earnings for the fourth quarter of 2024 payable January 1, 2025. Fees may reduce earnings.
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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 Salt Lake City, 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 Salt Lake City, 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 Salt Lake City, Utah
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Salt Lake City, Utah safe?
How often do savings rates change in Salt Lake City, Utah?
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 Salt Lake City, Utah?
How do I open a savings account in Salt Lake City, Utah?
Best Savings Rates in Salt Lake City, Utah
- Cyprus Federal Credit Union
Dream Round Up Savings — 10.00% APY - Granite Federal Credit Union
YoungInvestor Savings — 5.00% APY - Chartway Credit Union
Smart Steps Savings — 4.50% APY - Sallie Mae
High-Yield Savings Account — 3.75% APY - Deseret First Federal Credit Union
Mission Savings Fund — 3.50% APY
