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Washington Savings Rate Trends

Seattle, Washington (WA) Savings Rates - March 2026

The best savings rates for Seattle, Washington and the surrounding area include Peoples Bank (WA)Peoples Bank (WA)5600 24th Ave Nw, Seattle, WA 98107A+5.0 ★Texas Ratio: 0.39% Youth Savings at 5.50% APY, 1st Security Bank of Washington1st Security Bank of Washington614 Broadway E, Seattle, WA 98102A+5.0 ★Texas Ratio: 2.12% Business Optimum Savings at 5.00% APY, Gesa Credit UnionGesa Credit Union7300 Roosevelt Way NE, Seattle, WA 98115A+5.0 ★Texas Ratio: 4.63% SmartPlus Savings at 5.00% APY, Nordstrom Federal Credit UnionNordstrom Federal Credit Union1617 6th Ave Fl 5, Seattle, WA 98101A+5.0 ★Texas Ratio: 2.29% Youth Savings Accounts at 5.00% APY, and Waterfront Federal Credit UnionWaterfront Federal Credit Union6419 Fauntleroy Way SW, Seattle, WA 98136A+5.0 ★Texas Ratio: 5.80% High-Yield Savings Account at 4.07% APY. Savings rates as of March 24, 2026 according to verified data from MonitorBankRates.

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

Savings rates reflect recent market quotes and representative offers available to depositors in Seattle, Washington and the surrounding area. Last Updated and Verified: March 24, 2026

Compare the Best Savings Rates in Seattle, Washington & Surrounding Communities

Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Peoples Bank (WA)
Institution Rating:
A+5.0 ★Texas Ratio: 0.39%
5600 24th Ave Nw, Seattle, WA 98107
Youth Savings
5.50%
$0
Rate5.35%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Qualifying balance up to $1,000.00

1st Security Bank of Washington
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
614 Broadway E, Seattle, WA 98102
Business Optimum Savings
5.00%
$100
Rate0.00%
Min Deposit$100
Min Balance
UpdatedMar 20, 2026
Details

Qualifying balance up to $5,000.00

Gesa Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.63%
7300 Roosevelt Way NE, Seattle, WA 98115
SmartPlus Savings
5.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Qualifying balance up to $500.00

Gesa Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.63%
7300 Roosevelt Way NE, Seattle, WA 98115
Explorer Savings
5.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Qualifying balance up to $500.00; Learn More

Nordstrom Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.29%
1617 6th Ave Fl 5, Seattle, WA 98101
Youth Savings Accounts
5.00%
$0
Rate4.91%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

1st Security Bank of Washington
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
614 Broadway E, Seattle, WA 98102
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

1st Security Bank of Washington
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
614 Broadway E, Seattle, WA 98102
Optimum Savings
5.00%
$100
Rate0.00%
Min Deposit$100
Min Balance
UpdatedMar 20, 2026
Details

Qualifying balance up to $5,000.00

Waterfront Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.80%
6419 Fauntleroy Way SW, Seattle, WA 98136
High-Yield Savings Account
4.07%
$0
Rate2.50%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Verity Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.01%
1660 S Columbian Way Bldg 35, Seattle, WA 98108 1532
Max My Savings
4.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Qualifying balance up to $50,000

Seattle Metropolitan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.24%
303 NE Thornton PL, Seattle, WA 98125
Youth Savings
4.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Qualifying balance up to $499.99

Nordstrom Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.29%
1617 6th Ave Fl 5, Seattle, WA 98101
Savings Account
3.50%
$0
Rate3.50%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

3.50% above Share Rate

Seattle Bank
Institution Rating:
C-3.7 ★Texas Ratio: 30.78%
401 Union Street, Seattle, WA 98101
Private Business Savings
3.40%
$0
Rate3.34%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Seattle Bank
Institution Rating:
C-3.7 ★Texas Ratio: 30.78%
401 Union Street, Seattle, WA 98101
Private Client Savings
3.40%
$0
Rate3.34%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Seattle Metropolitan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.24%
303 NE Thornton PL, Seattle, WA 98125
High Yield Savings Account
3.30%
$1,000
Rate3.25%
Min Deposit$1,000
Min Balance
UpdatedMar 21, 2026
Details

$25,000.00 New Money within 30 days**

Seattle Metropolitan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.24%
303 NE Thornton PL, Seattle, WA 98125
High Yield Savings
3.30%
$1,000
Rate0.00%
Min Deposit$1,000
Min Balance
UpdatedMar 21, 2026
Details

deposit $25,000 in new money** within 30 days

1st Security Bank of Washington
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
614 Broadway E, Seattle, WA 98102
Nonprofit Savings
3.25%
$2,500
Rate0.00%
Min Deposit$2,500
Min Balance
UpdatedMar 20, 2026
Details

$100,000 and greater

HSBC Bank USA
Institution Rating:
A+5.0 ★Texas Ratio: 3.89%
920 5th Ave, Seattle, WA 98104
Premier Relationship Savings
3.20%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

RELATIONSHIP

Seattle Metropolitan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.24%
303 NE Thornton PL, Seattle, WA 98125
High Yield Savings Account
3.04%
$1,000
Rate3.00%
Min Deposit$1,000
Min Balance
UpdatedMar 21, 2026
Details

$25,000.00 New Money within 30 days**

Seattle Metropolitan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.24%
303 NE Thornton PL, Seattle, WA 98125
High Yield Savings
3.04%
$1,000
Rate3.00%
Min Deposit$1,000
Min Balance
UpdatedMar 21, 2026
Details

$1,000.00 initially and $25,000.00 New Money within 30 days**

Sound Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.49%
4730 California Ave SW Ste C, Seattle, WA 98116
High-Yield Business Savings
3.04%
$0
Rate3.00%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Sound Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.49%
4730 California Ave SW Ste C, Seattle, WA 98116
High Yield Business Savings
3.04%
$0
Rate3.00%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Gesa Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.63%
7300 Roosevelt Way NE, Seattle, WA 98115
High-Yield Savings
3.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

On a $250,000+ balance.

Banner Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.69%
2227 Nw 57th St, Seattle, WA 98107
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%
2227 Nw 57th St, Seattle, WA 98107
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%
2227 Nw 57th St, Seattle, WA 98107
High Yield Relationship Savings
2.53%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 18, 2026
Details

Gesa Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.63%
7300 Roosevelt Way NE, Seattle, WA 98115
High-Yield Savings
2.50%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

On a $100,000 - $249,999.99 balance.

Seattle Bank
Institution Rating:
C-3.7 ★Texas Ratio: 30.78%
401 Union Street, Seattle, WA 98101
Business Savings
2.40%
$0
Rate2.37%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Banner Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.69%
2227 Nw 57th St, Seattle, WA 98107
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%
2227 Nw 57th St, Seattle, WA 98107
High Yield Relationship Savings
2.02%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 18, 2026
Details

Banner Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.69%
2227 Nw 57th St, Seattle, WA 98107
High Yield Relationship Savings
1.51%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 18, 2026
Details

1st Security Bank of Washington
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
614 Broadway E, Seattle, WA 98102
Nonprofit Savings
1.50%
$2,500
Rate0.00%
Min Deposit$2,500
Min Balance
UpdatedMar 20, 2026
Details

$50,000-$99,999.99

Seattle Metropolitan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.24%
303 NE Thornton PL, Seattle, WA 98125
Business Money Market Savings Account
1.16%
$0
Rate1.15%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Seattle Metropolitan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.24%
303 NE Thornton PL, Seattle, WA 98125
Business Money Market Savings Account
1.06%
$0
Rate1.05%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Harborstone Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.16%
401 5th Ave Ste 100, Seattle, WA 98104
IRA Savings
1.01%
$100
Rate1.00%
Min Deposit$100
Min Balance
UpdatedMar 20, 2026
Details

First Sound Bank
Institution Rating:
A5.0 ★Texas Ratio: 9.17%
925 4th Ave Ste 2350, Seattle, WA 98104
IRA Savings
1.01%
$100
Rate1.00%
Min Deposit$100
Min Balance
UpdatedMar 20, 2026
Details

1st Security Bank of Washington
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
614 Broadway E, Seattle, WA 98102
Nonprofit Savings
1.00%
$2,500
Rate0.00%
Min Deposit$2,500
Min Balance
UpdatedMar 20, 2026
Details

$0-$49,999.99

Seattle Metropolitan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.24%
303 NE Thornton PL, Seattle, WA 98125
Business Money Market Savings Account
0.85%
$0
Rate0.85%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Seattle Metropolitan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.24%
303 NE Thornton PL, Seattle, WA 98125
Business Money Market Savings Account
0.65%
$0
Rate0.65%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

First Sound Bank
Institution Rating:
A5.0 ★Texas Ratio: 9.17%
925 4th Ave Ste 2350, Seattle, WA 98104
Holiday Savings
0.50%
$5
Rate0.50%
Min Deposit$5
Min Balance
UpdatedMar 20, 2026
Details

$5, required to earn APY

Gesa Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.63%
7300 Roosevelt Way NE, Seattle, WA 98115
IRA Savings
0.50%
$100
Rate0.00%
Min Deposit$100
Min Balance
UpdatedMar 20, 2026
Details

First Sound Bank
Institution Rating:
A5.0 ★Texas Ratio: 9.17%
925 4th Ave Ste 2350, Seattle, WA 98104
Minor Savings
0.50%
$5
Rate0.50%
Min Deposit$5
Min Balance
UpdatedMar 20, 2026
Details

$5, required to earn APY

Harborstone Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.16%
401 5th Ave Ste 100, Seattle, WA 98104
Minor Savings
0.50%
$5
Rate0.50%
Min Deposit$5
Min Balance
UpdatedMar 20, 2026
Details

Harborstone Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.16%
401 5th Ave Ste 100, Seattle, WA 98104
Holiday Savings
0.50%
$5
Rate0.50%
Min Deposit$5
Min Balance
UpdatedMar 20, 2026
Details

Seattle Metropolitan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.24%
303 NE Thornton PL, Seattle, WA 98125
Business Money Market Savings Account
0.45%
$0
Rate0.45%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Banner Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.69%
2227 Nw 57th St, Seattle, WA 98107
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.

Banner Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.69%
2227 Nw 57th St, Seattle, WA 98107
High Yield Relationship Savings
0.25%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 18, 2026
Details

Nordstrom Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.29%
1617 6th Ave Fl 5, Seattle, WA 98101
Youth Savings Accounts Variable
0.25%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Express Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.85%
1930 6th Ave S Ste 104, Seattle, WA 98134 1627
IRA Shares
0.25%
$0
Rate0.25%
Min Deposit$0
Min Balance
UpdatedMar 18, 2026
Details

Verity Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.01%
1660 S Columbian Way Bldg 35, Seattle, WA 98108 1532
Variable IRA Share Accounts
0.25%
$0
Rate0.25%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Express Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.85%
1930 6th Ave S Ste 104, Seattle, WA 98134 1627
Holiday Club Savings
0.20%
$0
Rate0.20%
Min Deposit$0
Min Balance
UpdatedMar 18, 2026
Details

Seattle Metropolitan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.24%
303 NE Thornton PL, Seattle, WA 98125
IRA Savings
0.20%
$5
Rate0.00%
Min Deposit$5
Min Balance
UpdatedMar 21, 2026
Details

Verity Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.01%
1660 S Columbian Way Bldg 35, Seattle, WA 98108 1532
Variable IRA Share Accounts
0.20%
$0
Rate0.20%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

HSBC Bank USA
Institution Rating:
A+5.0 ★Texas Ratio: 3.89%
920 5th Ave, Seattle, WA 98104
Premier Savings
0.15%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Sound Community Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.09%
2400 3rd Ave, Seattle, WA 98121
Regular Savings Account
0.10%
$100
Rate0.10%
Min Deposit$100
Min Balance
UpdatedMar 21, 2026
Details

HSBC Bank USA
Institution Rating:
A+5.0 ★Texas Ratio: 3.89%
920 5th Ave, Seattle, WA 98104
Premier Savings
0.10%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Peoples Bank (WA)
Institution Rating:
A+5.0 ★Texas Ratio: 0.39%
5600 24th Ave Nw, Seattle, WA 98107
Business Savings
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Sound Community Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.09%
2400 3rd Ave, Seattle, WA 98121
Business Savings
0.10%
$100
Rate0.10%
Min Deposit$100
Min Balance
UpdatedMar 21, 2026
Details

Sound Community Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.09%
2400 3rd Ave, Seattle, WA 98121
Education and IRA Savings Account
0.10%
$100
Rate0.10%
Min Deposit$100
Min Balance
UpdatedMar 21, 2026
Details

Sound Community Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.09%
2400 3rd Ave, Seattle, WA 98121
HSA (Health Savings Account)
0.10%
$100
Rate0.10%
Min Deposit$100
Min Balance
UpdatedMar 21, 2026
Details

Sound Community Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.09%
2400 3rd Ave, Seattle, WA 98121
Youth Savings Account (under 18)
0.10%
$5
Rate0.10%
Min Deposit$5
Min Balance
UpdatedMar 21, 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.

Seattle, WA Savings Rate Trends

Compare local Seattle, WA 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 Washington Savings Trends →
High-Yield Savings — WA Avg
0.766%
▼ 0.694 from last week

Washington high-yield savings rates fell 0.694 points this week to 0.766% APY, down from 1.460% last week.

Standard Savings — WA Avg
0.560%
Unchanged from last week

Washington standard savings rates currently average 0.560% APY based on data from institutions in our monitoring network.

As of Mar 25, 2026 • Rate data sourced from 8,500+ monitored institutions Powered by MonitorBankRates

Methodology & Data Sources

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

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

Are savings accounts in Seattle, Washington 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 Washington up to $250,000 per depositor, per institution.

How often do savings rates change in Seattle, Washington?

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

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

How do I open a savings account in Seattle, Washington?

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 Seattle, Washington

Here are recent savings rates observed in Seattle, Washington and the surrounding area:
  • Peoples Bank (WA)
    Youth Savings — 5.50% APY
  • 1st Security Bank of Washington
    Business Optimum Savings — 5.00% APY
  • Gesa Credit Union
    SmartPlus Savings — 5.00% APY
  • Nordstrom Federal Credit Union
    Youth Savings Accounts — 5.00% APY
  • Waterfront Federal Credit Union
    High-Yield Savings Account — 4.07% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Seattle, Washington. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 24, 2026