Bank · FDIC insured
First Bank of Alabama Savings Rates
First Bank of Alabama’s best savings rate is 1.00% APY, with its Kasasa Saver, with extra requirements. Rates checked October 22, 2026.
How First Bank of Alabama’s savings rates compare
Compared with banks and credit unions in Alabama, where First Bank of Alabama has the most branches. $10,000, best rate first.
This bank’s best
First Bank of Alabama
1.00%APY
- Requires
- Monthly account activity
- Minimum
- $50
- Earns on $10,000 a year
- $100
Kasasa Saver
Top rate
JM Associates FCU
5.12%APY
- Requires
- None
- Minimum
- —
- Earns on $10,000 a year
- $512
2nd-highest rate
Guardian Credit Union
4.00%APY
- Requires
- Monthly account activity
- Minimum
- $10
- Earns on $10,000 a year
- $400
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Kasasa Saver
Up to 1.00%APY
Linked Kasasa Cash or Kasasa Cash Back account and electronic delivery of statements required. Maximum one account per social security number. Qualifications per monthly cycle: at least 10 debit card purchases post and settle, enroll in and log into online banking.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $50,000When Kasasa Cash or Kasasa Cash Back qualifications are met during the Monthly Qualification Cycle. | 1.00% | $100 | When Kasasa Cash or Kasasa Cash Back qualifications are met during the Monthly Qualification Cycle. |
| Any balanceWhen Kasasa Cash or Kasasa Cash Back qualifications are not met. | 0.05% | $5 | When Kasasa Cash or Kasasa Cash Back qualifications are not met. |
| $50,000 and upWhen Kasasa Cash or Kasasa Cash Back qualifications are met; 0.15% interest rate applies to portion of balance over $50,000, resulting in an APY range from 1.00% to 0.43% depending on balance. | 0.15% | — | When Kasasa Cash or Kasasa Cash Back qualifications are met; 0.15% interest rate applies to portion of balance over $50,000, resulting in an APY range from 1.00% to 0.43% depending on balance. |
Sources (1)
- fbal.bank/personal-banking/sav…investments/kasasa-saver · captured Sep 19, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.