Credit union · NCUA insured
First South Financial Savings Rates
First South Financial’s best savings rate is 0.80% APY on $10,000, with its Money Market. Rates checked October 15, 2026.
How First South Financial’s savings rates compare
Compared with banks and credit unions near Memphis, TN-MS-AR, where First South Financial has the most branches. $10,000, best rate first.
This credit union’s best
First South Financial
0.80%APY
- Requires
- Another account
- Minimum
- —
- Earns on $10,000 a year
- $80
Boost Money Market
Top rate
Leaders Credit Union
3.50%APY
- Requires
- None
- Minimum
- $0
- Earns on $10,000 a year
- $350
2nd-highest rate
FirstBank
3.40%APY
- Requires
- Another account
- Minimum
- $50
- Earns on $10,000 a year
- $340
First South Financial savings score
83
Savings score
Higher than 64% of U.S. banks and credit unions
- $1,000 balance$1,0000.70%
- $10,000 balance$10,0000.80%
- $100,000 balance$100,0001.20%
- QualifiedQualified0.80%
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 First South Financial ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Boost Money Market
0.80%APY
Requires a Checking account with First South Financial. High-Yield rate (3.00%) on balances of $25,000+. Accounts that fall below the minimum balance requirement of $25,000 will incur a $15.00 monthly service fee. Accurate as of 7/16/2026.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $24,999Balance below $25,000 incurs $15.00 monthly service fee. | 0.80% | $80 | Balance below $25,000 incurs $15.00 monthly service fee. |
| $25,000 and upRequires checking account with First South Financial. | 3.00% | — | Requires checking account with First South Financial. |
Sources (1)
- firstsouth.com/savings-accounts/boost-money-market · captured Oct 15, 2026
Money Market
0.80%APY
The minimum required to open the above accounts is the same as the minimum required to earn corresponding interest. Unlimited deposits and up to 6 transfers or withdrawals per month at no charge (per withdrawal charge starting with 7th withdrawal).
| Balance | APY | Minimum | Earns on $10,000 a yearEarns |
|---|---|---|---|
| Up to $2,500$0 to open | 0.70% | $0 | — |
| $2,500 – $15,000$2,500 to open | 0.80% | $2,500 | $80 |
| $15,000 – $25,000$15,000 to open | 0.90% | $15,000 | — |
| $25,000 – $50,000$25,000 to open | 1.00% | $25,000 | — |
| $50,000 – $100,000$50,000 to open | 1.10% | $50,000 | — |
| $100,000 – $249,999$100,000 to open | 1.20% | $100,000 | — |
| $250,000 – $499,999$250,000 to open | 2.14% | $250,000 | — |
| $500,000 and up$500,000 to open | 2.64% | $500,000 | — |
Sources (1)
- firstsouth.com/money-market-account · captured Oct 15, 2026
Standard Savings Account
0.20%APY
This account is the basis of your relationship with First South Financial and has no monthly service fee. In addition to the minimum deposit required to open, you may have to pay a $10 one-time membership fee.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $200 | 0.00% | — |
| $200 – $3,000 | 0.20% | — |
| $3,000 – $20,000 | 0.20% | $20 |
| $20,000 and up | 0.20% | — |
Sources (3)
- firstsouth.com/savings-accounts
- firstsouth.com/standard-savings-account
- firstsouth.com/checking-and-savings-rates
All captured Oct 15, 2026
Savings Plus Account
0.02%APY
Transitioned from Standard Savings Account when using debit card for purchases. Low minimum balance requirement to avoid the monthly service fee
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $1,000Interest is compounded and posted quarterly. | 0.00% | — | Interest is compounded and posted quarterly. |
| $1,000 and upInterest is compounded and posted quarterly. | 0.02% | $2 | Interest is compounded and posted quarterly. |
Sources (2)
All captured Oct 15, 2026
Special-purpose accounts
Christmas Club
0.75%APY
Right around the first of November, we will pay dividends on those funds and automatically transfer everything into your First South Financial Savings or Checking Account .
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.75% | $75 |
Sources (3)
- firstsouth.com/club-savings-accounts
- firstsouth.com/savings-accounts
- firstsouth.com/checking-and-savings-rates
All captured Oct 15, 2026
Vacation Club
0.75%APY
Right around the first of June, we will pay dividends on those funds and automatically transfer everything into your First South Financial Savings or Checking Account .
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.75% | $75 |
Sources (3)
- firstsouth.com/club-savings-accounts
- firstsouth.com/savings-accounts
- firstsouth.com/checking-and-savings-rates
All captured Oct 15, 2026
Health Savings Account
0.15%APY
Must be covered by an HDHP, not covered by non-HDHP, not enrolled in Medicare, and not eligible to be claimed as a dependent.
| Balance | APY | Minimum | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|---|
| Up to $200Unknown to open | 0.00% | Unknown | — | |
| $200 – $3,000Minimum required to open is the same as the minimum required to earn corresponding interest. · $200 to open | 0.10% | $200 | — | Minimum required to open is the same as the minimum required to earn corresponding interest. |
| $3,000 – $20,000Minimum required to open is the same as the minimum required to earn corresponding interest. · $3,000 to open | 0.15% | $3,000 | $15 | Minimum required to open is the same as the minimum required to earn corresponding interest. |
| $20,000 and upMinimum required to open is the same as the minimum required to earn corresponding interest. · $20,000 to open | 0.25% | $20,000 | — | Minimum required to open is the same as the minimum required to earn corresponding interest. |
Sources (2)
All captured Oct 15, 2026
Who can join First South Financial
We don’t have this credit union’s membership requirements here yet. Confirm that you can join before applying.