The best savings rates for Washington, Utah and the surrounding area include Chartway Credit UnionChartway Credit Union1025 W Red Cliffs Dr, Washington, UT 84780A+5.0 ★Texas Ratio: 1.26% Smart Steps Savings at 4.50% APY, Utah First Federal Credit UnionUtah First Federal Credit Union1603 E Grapevine Crossing Rd, Washington, UT 84780A+5.0 ★Texas Ratio: 2.03% IRA Share at 0.75% APY, Cyprus Federal Credit UnionCyprus Federal Credit Union3876 W Center view Way, West Jordan, UT 84084A+5.0 ★Texas Ratio: 2.42% Dream Round Up Savings at 10.00% APY, Nebo Credit UnionNebo Credit Union730 E 300 S, Springville, UT 84663A+5.0 ★Texas Ratio: 4.02% Dream Round Up Savings at 10.00% APY, and Chevron Federal Credit UnionChevron Federal Credit Union273 W 500 S, Bountiful, UT 84010A+5.0 ★Texas Ratio: 2.35% MySavings Youth at 7.00% APY.
To see how these savings rates in Washington, 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 Washington, Utah (UT) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Washington, Utah and the surrounding area. Last Updated and Verified: March 20, 2026
Compare local Washington, 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.
Utah high-yield savings rates currently average 0.645% APY based on data from institutions in our monitoring network.
Utah standard savings rates rose 0.950 points this week to 1.400% APY, up from 0.450% last week.
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.
Qualifications Required: Receiving direct deposit(s) totaling $1,000 or more; Ending the month with a positive balance in all your Varo Accounts; Qualifying balance up to $5,000.00
Qualifications Required: Receiving direct deposit(s) totaling $1,000 or more; End the month with a positive balance in all your Varo Accounts; Qualifying balance up to $5,000.00
Qualifications Required: Receiving direct deposit(s) totaling $1,000 or more; End the month with a positive balance in all your Varo Accounts; Qualifying balance up to $5,000.00
Standard Rate*
Earn 10x the National Average2
Qualifying balance up to $250,000.00
on all balance tiers
Standard Rate
Qualifying balance up to $10,000.00
2.50% APY on balances over $5,000
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Washington, 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 Washington, 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.