Everett, Washington Savings Rates - October 2026
Brian McKay
Brian McKay
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Everett, Washington savings account rates range from 0.01% to 5.00% APY, verified by MonitorBankRates as of October 13, 2026. The best savings rates for Everett, Washington and the surrounding area include WaFd BankWaFd Bank12830 Bothell Everett Hwy, Everett, WA 98208A+5.0 ★Texas Ratio: 4.48%Real return: +2.20%APY minus 2.8% CPI (February 2026) Start Savings at 5.00% APY, Nordstrom Federal Credit UnionNordstrom Federal Credit Union2701 Hoyt Ave, Everett, WA 98201A+5.0 ★Texas Ratio: 0.58%Real return: +2.20%APY minus 2.8% CPI (February 2026) Youth Savings Accounts at 5.00% APY, Cascade Federal Credit UnionCascade Federal Credit Union12916 4th Ave W, Everett, WA 98204A+5.0 ★Texas Ratio: 2.66%Real return: +1.26%APY minus 2.8% CPI (February 2026) Youth Savings at 4.06% APY, US BankUS Bank1702 Hewitt Ave, Everett, WA 98201A+5.0 ★Texas Ratio: 2.85%Real return: +0.70%APY minus 2.8% CPI (February 2026) Bank Smartly Savings Account at 3.50% APY, and Sound Credit UnionSound Credit Union33 SE Everett Mall Way, Everett, WA 98208A5.0 ★Texas Ratio: 8.08%Real return: +0.05%APY minus 2.8% CPI (February 2026) High-Yield Business Savings at 2.85% APY.
Everett has 54 local institutions in our database, with savings rates as high as 5.00% APY from WaFd Bank at 12830 Bothell Everett Hwy, Everett, WA 98208. Use the table below to compare all available offers, including options from institutions serving the broader Washington area. Rates are continually updated, so we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Everett, Washington and the surrounding area. Last Updated and Verified: October 13, 2026
Compare the Best Savings Rates in Everett, Washington & Surrounding Communities
Balance: $0 - $500. Checking account required to open
Balance: 0-$500
Balance: $5 - $500
- Sep 25, 20264.06%▲ from 0.15%
- Sep 12, 20260.15%first recorded
Earn up to 3.50% APY when you are an account owner of a Bank Smartly Checking, Safe Debit account, or Bank SmartlyTM Visa Signature Card and a CQB of at least $25,000. APYs may vary by location and are accurate for accounts opened on today's date. Restrictions apply.
Balance: $100,000.00 and over; Minimum Balance to Earn APY: $100,000.00
Banner checking account required. 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. Additional restrictions may apply. View current rates. Annual Percentage Yield (APY) accurate as of 8/20/2026. Rates may change. The interest rate tier is determined by the actual daily account balance. 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.
Balance: $500.01 - $1000. Checking account required to open
Balance: $0.00 to $25,000
Balance: $1,000,000 and over
Qualifications Required: Qualifications Required; 2.00% dividend rate and 2.02% APY earned on up to $100,000 in your Kasasa Saver account each qualification cycle for its balance tier.; Balance: Up to $100,000
Balance: $500,000 - $999,999
Balance: $250,000 - $499,999
Balance: $100,000 - $249,999
Balance: $50,000 and over
Balance: $25,000 - $49,999
Balance: $10,000 - $24,999
Balance: $2,500 - $9,999
Balance: $0 - $99,999
Variable
Balance: $5.00 to earn interest
Minimum Balance: $5.00 to earn interest
$50+ to earn interest
$50+ to earn interest
Balance: $500.01 +
- Oct 12, 20260.15%▼ from 4.06%
- Sep 25, 20264.06%▲ from 0.15%
- Sep 12, 20260.15%first recorded
$100 minimum balance to waive $10 monthly service charge
Balance: $1000 +. Checking account required to open
Balance: $500.01+
Minimum Balance to Earn: $50
When linked to Premier Checking. Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.
- Oct 7, 20260.05%▲ from 0.01%
- Sep 27, 20260.01%▼ from 0.05%
- Sep 18, 20260.05%first recorded
Balance: $0+
Interest Rate determined by monthly minimum balance; Fees could reduce earnings.
Interest Rate determined by monthly minimum balance; Fees could reduce earnings.
Some savings and money market transactions are limited; consult with a personal banker; Fees could reduce earnings.
When linked to Prime Checking. Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.
- Oct 7, 20260.02%▲ from 0.01%
- Sep 27, 20260.01%▼ from 0.02%
- Sep 18, 20260.02%first recorded
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.
- Sep 27, 20260.01%▼ from 0.02%
- Sep 18, 20260.02%first recorded
Balance: $0+
on the first $5,000
Balance: $0-$5,000
Balance: $0-$5,000; To open this account, the bank requires a relationship account. Relationship is defined as opening and using a consumer or business checking account with 1st Security Bank.
Balance: $0-$5,000; Must be opened at a branch. To open this account the customer must maintain an active 1st Gold Student Checking account with 1st Security Bank.
Balance: $0.01 - $4,999.99
Balance: $100,000 and greater
Balance: $1+; RELATIONSHIP: 3.10% APY
- Oct 2, 20263.10%▲ from 3.00%
- Sep 24, 20263.00%first recorded
Contact OlyFed; Variable rate account. Interest rate of 2.50% and 2.57% Annual Percentage Yield (APY) is effective as of February 28, 2025, and is subject to change anytime without notice. Initial deposits into the Companion Savings Account cannot exceed the deposits into any new or renewing Certificate of Deposit (CD). Deposits into Companion Savings Accounts can only be made when a new CD is opened, a deposit is made into an existing Certificate or an existing CD account is renewed at time of maturity. When a CD matures, up to the entire balance of the maturing CD may be deposited into a Companion account. Deposits must be made the same day as the deposits into the CD or at time of maturity. Companion Savings Accounts are compatible with any CD (including IRA's). All balances receive the stated APY. Fees may reduce earnings and rate may change after account opening. Terms and conditions apply. See Truth in Savings disclosure for details.
Variable rate account. Interest rate of 2.50% and 2.57% Annual Percentage Yield (APY) is effective as of January 3, 2025, and is subject to change anytime without notice. Initial deposits into the Companion Savings Account cannot exceed the deposits into any new or renewing Certificate of Deposit (CD). Deposits into Companion Savings Accounts can only be made when a new CD is opened, a deposit is made into an existing Certificate or an existing CD account is renewed at time of maturity. When a CD matures, up to the entire balance of the maturing CD may be deposited into a Companion account. Deposits must be made the same day as the deposits into the CD or at time of maturity. Companion Savings Accounts are compatible with any CD (including IRA's). Minimum opening deposit of $100. All balances receive the stated APY. Fees may reduce earnings and rate may change after account opening. Terms and conditions apply. See Truth in Savings disclosure for details.
Co-owned with parent or guardian Complimentary Kids Savings stackable money bank and passbook at new account opening
Balance: $100,000 - $249,999.99
Balance: $250,000 and above; Method of Compounding: Daily
Balance: $100,000 - $249,999.99; Method of Compounding: Daily
Balance: $250,000 and above
Balance: $50,000 - 249,999
- Oct 7, 20261.61%▼ from 1.82%
- Sep 18, 20261.82%first recorded
Effective July 1st, 2025
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.
Everett, WA Savings Rate Trends
Compare local Everett, WA savings rate quotes against the statewide average
Daily savings rate averages tracked across our database of 8,500+ banks and credit unions, updated every evening.
Washington high-yield savings rates rose 0.056 points over the past 7 days to 2.052% APY, up from 1.996%.
Washington standard savings rates rose 0.091 points over the past 7 days to 0.670% APY, up from 0.579%.
Everett, Washington Savings Rate Forecast, Next 12 Months
Savings rates move with Federal Reserve policy. Our model uses the current WA high-yield average and a Fed funds spread to project the likely rate trajectory for 2026 to 2027.
Savings account rates are variable and move in close correlation with the Federal Reserve’s federal funds rate target. Our 12-month forecast is derived from the current WA high-yield savings average of 2.052% APY and a Fed funds spread model calibrated to the historical relationship between policy rate changes and deposit rate adjustments at banks and credit unions.
Key assumptions: the Federal Reserve holds the federal funds rate at its current level over the next 12 months, with the possibility of one 25 basis point increase; deposit rates at banks and credit unions track policy-rate changes within 60 to 90 days. High-yield online savings rates tend to adjust faster than standard branch-based savings rates.
Important notice: This forecast is for informational purposes only and should not be used as the sole basis for financial decisions. Rate forecasts carry significant uncertainty. The actual trajectory will depend on Federal Reserve decisions, economic conditions, and competitive dynamics among financial institutions in Everett, Washington.
Savings Account Earnings in Everett, Washington
Annual interest earnings at current WA average APYs, based on the high-yield and standard savings averages tracked in our database. Compounding assumed monthly.
| Balance | HY Savings (2.052% APY) | Monthly Earnings | Standard Savings (0.670% APY) | Monthly Earnings |
|---|---|---|---|---|
| $5,000 | $102.58 / year | $8.55 | $33.51 / year | $2.79 |
| $10,000 | $205.17 / year | $17.10 | $67.01 / year | $5.58 |
| $25,000 | $512.93 / year | $42.74 | $167.53 / year | $13.96 |
| $50,000 | $1,025.85 / year | $85.49 | $335.05 / year | $27.92 |
| Earnings estimates use daily compounding. Actual earnings depend on exact rate, compounding frequency, and daily balance maintained. Rates are variable and subject to change. Source: Everett, Washington savings rate averages as of October 14, 2026. | ||||
About Our Everett, Washington Savings Rate Database
MonitorBankRates found 16 institutions with branches in Everett (6 banks, 10 credit unions), plus 11 additional state-chartered and national online institutions available to Everett residents. Our proprietary aggregation system pulls verified rate data directly from each institution’s official website, no estimates, no national averages passed off as real offers.
Every rate listed includes the institution’s Safety Grade (A+ to F), Star Rating (1 to 5), and Texas Ratio, objective financial health metrics calculated from FDIC and NCUA regulatory data, so you can compare yield and institutional safety in one place.
Current top rate: WaFd Bank offers a savings account at 5.00% APY with a minimum deposit of $25. Use the rate table above to compare all current offers in Everett, Washington.
How to Find the Best Savings Rates in Everett, Washington
What to compare when shopping for a savings account in Everett, Washington
To find the best savings APYs in Everett, Washington, start with credit unions and online-only banks: Everett, Washington has 10 credit unions in our database, and they consistently offer some of the highest yields because they are member-owned nonprofits with lower overhead than traditional banks.
Always compare the APY (Annual Percentage Yield), not just the interest rate. APY reflects compounding and is the true measure of what you’ll earn. Savings accounts that compound daily earn slightly more than those compounding monthly at the same stated rate. The current WA high-yield savings average is 2.052% but top local institutions are offering as high as 5.00%, so shopping around pays off.
Unlike a CD, savings account rates are variable. Your rate can change at any time with Federal Reserve policy. Many institutions offer elevated introductory rates that reset after a promotional period. Review your account periodically to ensure your APY remains competitive.
When a High-Yield Savings Account Makes Sense
- Emergency fund: Financial experts recommend 3 to 6 months of expenses in a liquid, FDIC-insured account. Everett, Washington high-yield savings rates currently average 2.052% APY, far above a typical checking account.
- Short-term savings goals (6 to 24 months): If you may need the money soon, a savings account gives you immediate access without early withdrawal penalties.
- Parking cash between investments: A high-yield savings account at Everett, Washington institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 27 institutions in Everett, Washington report savings rates to our database.
- No rate lock-in risk: Unlike a CD, your rate moves up with the market if rates rise further.
Consider an Alternative If…
- You want a locked-in, guaranteed return Everett, Washington CD rates
- You want check-writing flexibility Everett, Washington money market rates
- You need daily transaction access Everett, Washington checking rates
Everett, Washington Financial Snapshot
Local demographics and economic context for savers. Source: U.S. Census Bureau
14.6% of residents are 65 or older, below the national average of 17.3%. At today’s WA high-yield savings average of 2.052%, saving 10% of the local median salary ($4,904/year) would earn an additional $101 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Savings Accounts vs. Other Everett, Washington Options
How high-yield savings accounts compare to other deposit products available at banks and credit unions in Everett, Washington.
| Feature | High-Yield Savings | Standard Savings | Money Market | CD (12-Month) |
|---|---|---|---|---|
| Current WA Avg APY | 2.052% | 0.670% | View MMA Rates | View CD Rates |
| Rate Type | Variable | Variable | Variable | Fixed for term |
| FDIC / NCUA Insured | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K |
| Withdraw Anytime | ✓ Yes | ✓ Yes | ✓ Yes | ✗ Penalty applies |
| Check Writing | ✗ No | ✗ No | ✓ Often yes | ✗ No |
| Debit / ATM Card | Some institutions | ✗ Rarely | ✓ Often yes | ✗ No |
| Typical Min Deposit | $0 to $100 | $25 to $100 | $0 to $2,500 | $500 to $1,000 |
| Rate Risk | Variable, moves with Fed policy | Variable, moves with Fed policy | Variable, moves with Fed policy | None, locked for term |
| Best For | Emergency fund, short-term goals, parking cash | Everyday saving, low-balance accounts | Active savers wanting flexibility + check writing | Locking in a rate for a defined period |
APY data reflects Everett, Washington averages tracked in our database as of October 14, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Savings Calculators for Everett, Washington
At WA’s top rate of 5.00% from WaFd Bank, a $10,000 deposit earns $500 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Everett, Washington earner is roughly $12,300. At 2.052% APY, saving $1,020/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. High-Yield SavingsWashington’s high-yield savings average is 2.052% APY, variable and always accessible. A local CD may offer a higher fixed yield in exchange for locking in your deposit. Compare both side-by-side to find the better fit for your timeline.
Budget CalculatorBefore you can grow your savings, you need to know how much you can set aside each month. The median Everett, Washington earner makes $49,049/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 2.052% APY.
Retirement PlannerA $25,000 high-yield savings balance earning 2.052% APY grows to roughly $37,527 over 20 years with compounding. See how your current savings trajectory lines up with your retirement income needs.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Everett, Washington savings rate tables are free for consumers to use, and we do not receive payment from any financial institution to be included or to be ranked in any particular order. Listings are based solely on the rates each institution publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Everett, Washington 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 Everett, Washington. We feature a comprehensive mix of institutions, from neighborhood credit unions and competitive regional banks to large national institutions available to savers in WA.
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 Everett, Washington
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Everett, Washington safe?
How often do savings rates change in Everett, Washington?
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 Everett, Washington?
How do I open a savings account in Everett, Washington?
Best Savings Rates in Everett, Washington
- WaFd Bank
Start Savings: 5.00% APY - Nordstrom Federal Credit Union
Youth Savings Accounts: 5.00% APY - Cascade Federal Credit Union
Youth Savings: 4.06% APY - US Bank
Bank Smartly Savings Account: 3.50% APY - Sound Credit Union
High-Yield Business Savings: 2.85% APY
Everett, Washington Rates & Resources
