Checking Rate History (2009–2026)
RateBrain has tracked checking rates since 2009. The median checking rate fell from 4.04% in 2009 to 1.01% in 2026. The highest rate we recorded was 5.09% APY from Consumers Credit Union in 2016.
Median checking rate
Median checking rate by month
Months with fewer than 5 tracked products are left out.
By year
| Year | Median | Highest | Lowest | Products tracked |
|---|---|---|---|---|
| 2026 | 1.01% | 5.00% · Consumers Credit Union | 0.15% | 13 |
| 2025 | 1.30% | 5.00% · Consumers Credit Union | 0.15% | 10 |
| 2024 | 1.26% | 5.00% · Consumers Credit Union | 0.15% | 13 |
| 2023 | 1.18% | 5.00% · Consumers Credit Union | 0.15% | 14 |
| 2022 | 1.00% | 4.00% · Consumers Credit Union | 0.05% | 15 |
| 2021 | 1.00% | 3.09% · Consumers Credit Union | 0.05% | 13 |
| 2020 | 1.01% | 3.09% · Consumers Credit Union | 0.01% | 17 |
| 2019 | 1.90% | 3.09% · Consumers Credit Union | 0.01% | 17 |
| 2018 | 2.00% | 4.59% · Consumers Credit Union | 0.01% | 17 |
| 2017 | 1.93% | 5.00% · Northpointe Bank (< $5k) | 0.15% | 18 |
| 2016 | 2.00% | 5.09% · Consumers Credit Union | 0.10% | 18 |
| 2015 | 2.01% | 5.09% · Consumers Credit Union | 0.10% | 19 |
| 2014 | 1.93% | 3.55% · Heritage Bank (<$25k) | 0.10% | 18 |
| 2013 | 2.01% | 3.55% · Heritage Bank (<$25k) | 0.10% | 19 |
| 2012 | 2.01% | 4.09% · Consumers Credit Union | 0.20% | 21 |
| 2011 | 2.50% | 4.11% · Liberty National Bank (<$10k) | 0.89% | 23 |
| 2010 | 3.50% | 4.75% · Randolph Bank & Trust (<$25k) | 1.51% | 28 |
| 2009 | 4.04% | 5.01% · Bank2 (< $25k) | 3.00% | 15 |
Please Note: We are not a bank or credit union and are not affiliated with any. The information above is provided 'as is' and solely for informational purposes, not for specific financial advice. While we aim to keep our information accurate and current, the rates and information shown on this page may be inaccurate or be out of date. Please check with banks directly for the most up to date and accurate information.