Bank · FDIC insured
Southern Bank Savings Rates
Southern Bank’s best savings rate is 1.00% APY on $10,000, with its Money Market Platinum. Rates checked October 16, 2026.
How Southern Bank’s savings rates compare
Compared with banks and credit unions near Springfield, MO, where Southern Bank has the most branches. $10,000, best rate first.
This bank’s best
Southern Bank
1.00%APY
- Minimum
- $1,000
- Earns on $10,000 a year
- $100
Money Market Platinum
Top rate
Metro Credit Union
5.09%APY
- Minimum
- —
- Earns on $10,000 a year
- $509
2nd-highest rate
UMB Bank
3.71%APY
- Minimum
- —
- Earns on $10,000 a year
- $371
Southern Bank savings score
84
Savings score
Higher than 65% of U.S. banks and credit unions
- $1,000 balance$1,0001.00%
- $10,000 balance$10,0001.00%
- QualifiedQualified1.00%
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 Southern 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 Platinum
1.00%APY
A $6.00 monthly service fee can be waived by enrolling in online statements or maintaining an average balance of $1,000. 6 free withdrawals or transfers per month, $2 per transaction thereafter. Tiered rate account; see a personal banker for additional rate tier information.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $25,000Waive $6.00 monthly service fee by enrolling in online statements or maintaining an average balance of $1,000. Tiered rate account; see a personal banker for additional rate tier information.Up to $25,000 | 1.00% | $100 | Waive $6.00 monthly service fee by enrolling in online statements or maintaining an average balance of $1,000. Tiered rate account; see a personal banker for additional rate tier information. |
Sources (2)
- bankwithsouthern.com/checking-and-savings/money-market
- bankwithsouthern.com/checking-…compare-savings-accounts
All captured Oct 16, 2026
Keeps Savings
1.00%APY
Offered in conjunction with Keeps Spending account. Round-up feature activated automatically. $3.00 monthly fee is charged if online statements are not enrolled, there is not at least one automatic round-up deposit transfer from Keeps Spending per month, or there are more than 3 withdrawals per month. Available to personal accounts in Missouri, Arkansas, Illinois, and Kansas.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $10,000Applies to balances up to $10,000 if monthly qualification cycle requirements are met: enroll in online statements, at least one automatic round-up deposit transfer per month, and no more than 3 withdrawals per month. | 1.00% | $100 | Applies to balances up to $10,000 if monthly qualification cycle requirements are met: enroll in online statements, at least one automatic round-up deposit transfer per month, and no more than 3 withdrawals per month. |
| Over $10,000Earned on the portion of the balance over $10,000.01 if monthly qualifications are met. | 0.05% | — | Earned on the portion of the balance over $10,000.01 if monthly qualifications are met. |
Sources (2)
- bankwithsouthern.com/checking-…ps-spending-plus-savings
- bankwithsouthern.com/checking-…savings/compare-accounts
All captured Oct 16, 2026
Southern Savings
0.25%APY
Standard savings account. $4.00 monthly service fee can be waived by maintaining a minimum daily balance of $300.00 (or average monthly balance of $300) or enrolling in online statements. 6 free withdrawals per month; after that, $1 per withdrawal.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $25,000Applies to balances $0.01 - $25,000.00. Rates subject to change daily.Up to $25,000 | 0.25% | $25 | Applies to balances $0.01 - $25,000.00. Rates subject to change daily. |
Special-purpose accounts
First Savings
0.25%APY
Account owner must be 17 or younger and primary owner; parent or legal guardian required as joint owner. Offered paired with First Spending. Automatic round-up savings on debit card purchases. Monthly service charge of $2.00 applies if average balance falls below $25.00. 6 free withdrawals/transfers per month, $1.00 each thereafter.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $25,000Applies to balances up to $25,000.00. Monthly fee of $2.00 waived if average balance remains at or above $25.00. | 0.25% | $25 | Applies to balances up to $25,000.00. Monthly fee of $2.00 waived if average balance remains at or above $25.00. |
| $25,000 – $250,000Applies to balances $25,000.01 to $250,000.00. | 0.40% | — | Applies to balances $25,000.01 to $250,000.00. |
| Over $250,000Applies to balances over $250,000.01. | 0.50% | — | Applies to balances over $250,000.01. |
Sources (1)
- bankwithsouthern.com/checking-…nt-for-kids-with-savings · captured Oct 16, 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.