Bank · FDIC insured
Southern Independent Bank Savings Rates
Southern Independent Bank’s best savings rate is 2.00% APY, with its Free Kasasa Saver, with extra requirements. Rates checked October 22, 2026.
How Southern Independent Bank’s savings rates compare
Compared with banks and credit unions in Alabama, where Southern Independent Bank has the most branches. $10,000, best rate first.
This bank’s best
Southern Independent Bank
2.00%APY
- Requires
- Monthly account activity
- Minimum
- $100
- Earns on $10,000 a year
- $200
Free 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
Southern Independent Bank savings score
70
Savings score
Higher than 27% of U.S. banks and credit unions
- $1,000 balance$1,0000.05%
- $10,000 balance$10,0000.05%
- $100,000 balance$100,0000.05%
- QualifiedQualified2.00%
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 Independent 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.
Free Kasasa Saver
Up to 2.00%APY
Links to free Kasasa Cash or Kasasa Cash Back checking. Requires eStatements and at least 1 direct deposit/ACH credit/payment and 12 debit card purchases per Monthly Qualification Cycle in linked checking to earn premium rates. Limit of 1 account per person.
| Balance | APY | Minimum | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|---|
| Up to $50,000Earned when qualifications are met in linked Kasasa Cash or Kasasa Cash Back checking account. · $100 to open | 2.00% | $100 | $200 | Earned when qualifications are met in linked Kasasa Cash or Kasasa Cash Back checking account. |
| Up to $10,000Rate advertised on personal savings summary page for qualifying balances up to $10,000. · Unknown to open | 0.50% | Unknown | $50 | Rate advertised on personal savings summary page for qualifying balances up to $10,000. |
| Any balanceBase rate earned on entire daily balance if qualifications in linked Kasasa Cash or Kasasa Cash Back account are not met. · $100 to open | 0.05% | $100 | $5 | Base rate earned on entire daily balance if qualifications in linked Kasasa Cash or Kasasa Cash Back account are not met. |
| $50,000 and upEarned on portion of daily balance over $50,000 when qualifications are met in linked checking account, resulting in an APY range from 1.00% to 2.00% depending on account balance. · $100 to open | 0.50% | $100 | — | Earned on portion of daily balance over $50,000 when qualifications are met in linked checking account, resulting in an APY range from 1.00% to 2.00% depending on account balance. |
Sources (2)
- southernindependentbank.com/personal/personal-savings
- southernindependentbank.com/pe…s/free-kasasa-saver.html
All 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.