Compare the Best Local Rates

Grand Rapids Savings Account Rates: Banks Versus Credit Unions

Both community banks and credit unions have garnered reputations as sources of excellent interest rates, which is great to know when you’re looking for the highest rate on your Grand Rapids savings account. Of course, only one financial institution in the city can have the very best interest rate of all, and you probably want to know where that is. Is it the nearby bank or your community credit union? You’re about to find out.

Below is a list of the best savings account rates in Grand Rapids, MI, split up by credit unions and banks. Did your financial institution make the list?

Grand Rapids Banks with the Highest Savings Rates

Northpointe Bank: 0.35%

Credit Unions in Grand Rapids with the Best Savings Interest Rates

  • Michigan Coastal Credit Union: 0.75%
  • First General Credit Union - Michigan: 0.5%
  • Preferred Credit Union: 0.4%
  • Gerber Credit Union: 0.3%
  • Lake Michigan Credit union: 0.25%

Please note that these rates are accurate as of 6/17/11, but are subject to change at any time.