Highest Money Market Rates in Illinois
134 Illinois-specific accounts
Top Illinois Rate:4.00% APYFDIC or NCUA Insured
The Illinois market
Illinois accounts
134
Institutions
99
Top Illinois APY
4.00% APY
Nationally: 4.00% APY
FDIC national average
0.63%
As of Sep 2026
134 money market accounts are open only to Illinois residents, from 99 institutions. The highest advertised APY among them is 4.00%.
The highest nationally available rate is 4.00% APY, the same as the Illinois leader.
75 of the 134 Illinois money market accounts advertise more than the FDIC national average of 0.63% for money market accounts as of Sep 2026.
Illinois-Specific Money Market Accounts
Money market accounts specifically available to Illinois residents.
| Institution | Product / Term | APY |
|---|---|---|
| United Trust Bank | New Money Only Money Marketneeds at least $100,000 | Up to4.00% |
| FCB Banks | Hometown Money Market (with Direct Deposit)needs at least $1,000,000 · requires direct deposit | 3.85% |
| Old National Bank | Market Monitorneeds at least $20,000 | Up to3.85% |
| Waterman Bank | Money Market | 3.82% |
| International Bank of Chicago | Premier Money Marketup to $1,000,000 only | 3.80% |
| FCB Banks | Hometown Money Market (without Direct Deposit)needs at least $1,000,000 | 3.75% |
| International Bank of Chicago | Money Market Accountneeds at least $250,000 | Up to3.75% |
| UMB Bank, National Association | UMB Retail Money Marketneeds at least $10,000 | 3.71% |
| First Mid Bank & Trust, National Association | Jumbo Money Marketneeds at least $250,000 | 3.70% |
| First FSB of Mascoutah | Alumni MMDA (Money Market)needs at least $1,000,000 | Up to3.56% |
| PeopleFirst Bank | Premier Money Marketneeds at least $250,000 | Up to3.50% |
| Peoples Bank | Money Market Specialneeds at least $500,000 | 3.50% |
| Midland States Bank | Relationship Money Marketneeds at least $25,000 · needs a linked account at the bank | Up to3.25% |
| OSB Community Bank | Premier Money Market Accountneeds at least $1,000,000 | 3.14% |
| Armed Forces Bank, National Association | Premier Money Marketneeds at least $250,000 · promotional rate | Up to3.05% |
| Esquire Bank, National Association | Money Market Savings | 3.05% |
| HomeBank | Personal Super Money Fundneeds at least $500,000 | Up to3.05% |
| First National Bank in Olney | High Yield Money Marketneeds at least $250,000 | 2.89% |
| American Bank and Trust Company, National Association | High Yield Money Marketbalances of $250,000 to $999,999.99 only | Up to2.84% |
| BMO Bank | Growth Money Marketrelationship rate from $250,000 · 0.05% to 2.24% without the relationship | Up to2.76% |
| Peoples Bank of Kankakee County | Premier Money Market Fundneeds at least $25,000 | 2.75% |
| Alliance Community Bank | Alliance Money Marketneeds at least $1,500,000 | Up to2.48% |
| First Bank Chicago | Personal Money Market | 2.35% |
| Eureka Savings Bank | Essential Money Marketneeds at least $1,000,000 | Up to2.27% |
| First State Bank | First Class Money Marketneeds at least $100,000 | Up to2.27% |
| Spring Valley City Bank | Platinum Money Marketneeds at least $750,000 | 2.27% |
| First Community Bank, Xenia-Flora | Premier Money Market Accountneeds at least $100,000 | Up to2.25% |
| First Community Bank of Moultrie County | Select Money Marketneeds at least $500,000 | Up to2.22% |
| The Havana National Bank | Market Starneeds at least $500,000 | Up to2.17% |
| FCB Banks | Jumbo Money Marketneeds at least $96,000 | 2.10% |
| First Savings Bank of Hegewisch | Diamond Money Marketneeds at least $150,000 | 2.05% |
| Warren-Boynton State Bank | Money Marketneeds at least $250,000 | Up to2.02% |
| FCB Banks | Premier Money Marketneeds at least $96,000 | Up to2.00% |
| Hometown National Bank | Foundations Money Marketneeds at least $250,000 | Up to1.97% |
| State Bank of Graymont | Tiered Money Marketneeds at least $75,000 | Up to1.87% |
| Chester National Bank | Money Market Accountneeds at least $100,000 | Up to1.83% |
| Hickory Point Bank and Trust | Ultimate Money Market | 1.56% |
| Hickory Point Bank and Trust | Premium Money Market | 1.56% |
| The Clay City Banking Co. | Hometown Money Market Deposit Accountneeds at least $250,000.01 | Up to1.53% |
| Bank of Farmington | Premiere Money Marketneeds at least $250,000 | Up to1.51% |
| First National Bank in Olney | Money Marketneeds at least $100,000 | Up to1.51% |
| The Clay City Banking Co. | Money Market Accountneeds at least $25,000 | Up to1.36% |
| Prairie Community Bank | Elite Money Marketneeds at least $250,000 | 1.31% |
| The Gerber State Bank | Money Marketneeds at least $100,000 | Up to1.31% |
| First Federal Savings and Loan Association of Central Illinois, S.B. | Money Marketneeds at least $100,000 | Up to1.26% |
| First FSB of Mascoutah | MMDA (Money Market)needs at least $100,000 | Up to1.25% |
| First Security Bank | Money Marketneeds at least $100,000 | Up to1.25% |
| La Salle State Bank | Community Money Market Accountneeds at least $100,000 | Up to1.25% |
| Lisle Savings Bank | Insured Money Marketneeds at least $200,000 | Up to1.25% |
| The First National Bank in Amboy | Money Market Accountneeds at least $500,000 | Up to1.22% |
Nationally Available Money Market Accounts
The 8 highest-rate money market accounts available nationwide, including in Illinois.
| Institution | Product / Term | APY |
|---|---|---|
| Bank5 Connect | Money Market Account | 4.00% |
| Climate First Bank | Impact Money Market | 3.96% |
| Prime Alliance Bank | Personal Money Market | 3.90% |
| Quontic Bank | Money Market Account | 3.90% |
| Customers Bank | Ascent Money Market Savings Account | 3.63% |
| Sallie Mae Bank | Money Market Account | 3.60% |
| FNBO Direct | Online Money Market Accountneeds at least $500,000 | Up to3.55% |
| U.S. Bank | Elite Money Marketbalances of $25,000 to $9,999,999,999.99 only | Up to3.40% |