Bank · FDIC insured
Local Bank Savings Rates
Top CarrotLocal Bank’s best savings rate is 2.50% APY on $10,000, with its Money Market. Rates checked October 22, 2026.
How Local Bank’s savings rates compare
Compared with banks and credit unions near Huntsville, AL, where Local Bank has the most branches. $10,000, best rate first.
This bank’s best
Local Bank
2.50%APY
- Requires
- None
- Minimum
- $2,500
- Earns on $10,000 a year
- $250
Money Market
Top rate
SmartBank
4.00%APY
- Requires
- None
- Minimum
- $2,500
- Earns on $10,000 a year
- $400
2nd-highest rate
Avadian Credit Union
3.50%APY
- Requires
- Monthly account activity
- Minimum
- —
- Earns on $10,000 a year
- $350
Local Bank savings score
89
Savings score
Higher than 87% of U.S. banks and credit unions
- $10,000 balance$10,0002.50%
- $100,000 balance$100,0003.00%
- QualifiedQualified2.50%
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 Local Bank 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.
Money Market
2.50%APY
$10 monthly fee if balance drops below $2,500. Free money market checks.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $2,500 – $10,000$10 monthly fee if balance drops below $2,500. | 2.00% | — | $10 monthly fee if balance drops below $2,500. |
| $10,000 – $25,000$10 monthly fee if balance drops below $2,500. | 2.50% | $250 | $10 monthly fee if balance drops below $2,500. |
| $25,000 – $250,000$10 monthly fee if balance drops below $2,500. | 3.00% | — | $10 monthly fee if balance drops below $2,500. |
| $250,000 and up$10 monthly fee if balance drops below $2,500. | 3.50% | — | $10 monthly fee if balance drops below $2,500. |
Sources (4)
All captured Sep 19, 2026
Opening an account
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