Bank · FDIC insured
Bank Independent Savings Rates
Bank Independent’s best savings rate is 0.13% APY on $10,000, with its Independent Money Market. Rates checked October 22, 2026.
How Bank Independent’s savings rates compare
Compared with banks and credit unions near Florence, AL, where Bank Independent has the most branches. $10,000, best rate first.
This bank’s best
Bank Independent
0.13%APY
- Requires
- None
- Minimum
- $1
- Earns on $10,000 a year
- $13
Independent Money Market
Top rate
FirstBank
3.40%APY
- Requires
- Another account
- Minimum
- $50
- Earns on $10,000 a year
- $340
2nd-highest rate
First Southern Bank
2.00%APY
- Requires
- Monthly account activity
- Minimum
- $25
- Earns on $10,000 a year
- $200
Bank Independent savings score
65
Savings score
Higher than 15% of U.S. banks and credit unions
- $1,000 balance$1,0000.11%
- $10,000 balance$10,0000.13%
- $100,000 balance$100,0000.17%
- QualifiedQualified0.13%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Bank Independent ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Independent Money Market
0.13%APY
Open with as little as $1. Monthly fee of $15 waived with a minimum $2,500 balance or at least one transfer from another Bank Independent account per month.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $10,000Avoid a $15 monthly fee with a minimum $2,500 balance or at least one transfer from another Bank Independent account per month. | 0.11% | — | Avoid a $15 monthly fee with a minimum $2,500 balance or at least one transfer from another Bank Independent account per month. |
| $10,000 – $50,000Daily balance more than $9,999.99 but less than $50,000.00. | 0.13% | $13 | Daily balance more than $9,999.99 but less than $50,000.00. |
| $50,000 – $100,000Daily balance more than $49,999.99 but less than $100,000.00. | 0.15% | — | Daily balance more than $49,999.99 but less than $100,000.00. |
| $100,000 – $250,000Daily balance more than $99,999.99 but less than $250,000.00. | 0.17% | — | Daily balance more than $99,999.99 but less than $250,000.00. |
| $250,000 – $500,000Daily balance more than $249,999.99 but less than $500,000.00. | 0.21% | — | Daily balance more than $249,999.99 but less than $500,000.00. |
| $500,000 and upAvoid a $15 monthly fee with a minimum $2,500 balance or at least one transfer from another Bank Independent account per month. | 0.25% | — | Avoid a $15 monthly fee with a minimum $2,500 balance or at least one transfer from another Bank Independent account per month. |
Sources (1)
- bibank.com/personal/money-market · captured Sep 25, 2026
Opening an account
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