Compare Bank & Credit Union Rates
Best savings rates in Florence, AL
Compare published savings yields, money market accounts included, with minimums, requirements, collection dates and original sources.
Top savings rates
Showing 1–15 results in Florence, AL
- 3.40%APY$340 a year on $10,000with conditions
Requirements
Product: Must be paired with an active FirstBank CD with a term of 6 months or greater.
Offer: Earn 3.40% APY on balances up to $50,000 when paired with an active FirstBank CD with a term of 6 months or greater. $5 monthly service charge if balance falls below $50 at any given time (or any day of the statement cycle). Interest credited on balances of $0.01 and above.
Qualified rate · Balance cap $50,000 · $5 monthly fee
Rate checked
More details - 2.58%APY$258 a year on $10,000with conditions
Requirements
Product: Variable-rate account that moves with the Wall Street Journal Prime Rate. $10 monthly service fee is waived if a $5,000 minimum balance is maintained. Six free withdrawals per statement cycle ($2 fee per withdrawal exceeding 6).
Offer: Reward rate. Requires meeting FirstRewards Checking requirements: same primary account holder on FirstRewards Checking and FirstRate Money Market, 10 settled debit card POS transactions per qualification period (ATM transactions excluded), monthly electronic statements (eStatements), and 1 monthly ACH debit or ACH credit. Rate moves with WSJ Prime Rate (minimum 0.10% APY change per 0.25% change in WSJ Prime). $10 monthly fee waived with $5,000 minimum balance.
Qualified rate · 2.55% interest rate · $10 monthly fee · Effective Sep 17, 2026
Rate checked
More details - 2.00%APY$200 a year on $10,000with conditions
Requirements
Product: Links to free Kasasa Cash or Kasasa Cash Back checking account. Limit of 1 account per Social Security Number. Not for commercial purposes.
Offer: When qualifications are met in linked Kasasa Cash or Kasasa Cash Back account (at least 15 debit card purchases, at least 1 ACH credit or ACH payment, and enrolled in eStatements during Monthly Qualification Cycle).
Qualified rate · No monthly fee · Effective Apr 8, 2024
Rate by balance
Rate by balance for Free Kasasa Saver® Balance APY Up to $100,000Your amount 2.00% Over $100,000 0.50% Rate checked
More details - FirstBankConsumer Fed Funds Money MarketConsumer Fed Funds Money Market · $100 min · 1.56%–3.15% by balance
Bank · 1 branch
1.56%APY$156 a year on $10,000Requirements
Product: Variable-rate tiered account tied to the Effective Federal Funds Rate. $10 monthly service charge is waived with a minimum balance of $100,000 or if the account owner is a Primary or Secondary/Joint Owner on a FirstBank Essential Checking account. Includes six free withdrawals per statement cycle.
Offer: Tier 1: Entire daily balance of $0.01-$99,999.99 earns up to 1.56% APY. $10 monthly fee waived with a minimum balance of $100,000 or with an Essential Checking account.
$10 monthly fee · Effective Sep 18, 2026
Rate by balance
Rate by balance for Consumer Fed Funds Money Market Balance APY Up to $100,000Your amount 1.56% $100,000 and up 3.15% Rate checked
More details - Listerhill Credit UnionMoney Market AccountMoney Market Account · $5 min · 1.35%–2.10% by balance
Credit union · 2 branches
1.55%APY$155 a year on $10,000Requirements
Product: Membership eligibility required (residents of AL, GA, MS, FL, or TN, approved association, or family of a member; $5 membership fee). Money Market Account balances below $2,500 are subject to a low-balance fee. No limit on in-branch or ATM withdrawals.
Offer: Variable rate account; rates may change after account opening. Balances below $2,500 subject to a low-balance fee.
1.34% interest rate · Effective Oct 1, 2026
Rate by balance
Rate by balance for Money Market Account Balance APY Up to $10,000 1.35% $10,000 – $50,000Your amount 1.55% $50,000 – $100,000 1.95% $100,000 and up 2.10% Rate checked
More details - FirstBankMoney Market TieredMoney Market Tiered · $2,500 min · 0.00%–0.75% by balance
Bank · 1 branch
0.65%APY$65 a year on $10,000Requirements
Product: Tiered interest rate account. $10 minimum balance fee imposed every month the daily balance falls below $2,500.00. Six free withdrawals or transfers per statement cycle ($2 per transaction over 6). Applicant must be 18 years of age or older.
Offer: Tier 1: Daily balances of $0.00 to $2,499.99 earn 0.00% interest rate and 0.00% APY. Monthly fee of $10 applies if daily balance falls below $2,500.00.
0.00% interest rate · $10 monthly fee · Effective Sep 23, 2026
Rate by balance
Rate by balance for Money Market Tiered Balance APY Up to $2,500 0.00% $2,500 – $10,000 0.65% $10,000 – $100,000Your amount$10 fee waived if daily balance remains at or above $2,500.00. 0.65% $100,000 – $250,000$10 fee waived if daily balance remains at or above $2,500.00. 0.70% $250,000 and up$10 fee waived if daily balance remains at or above $2,500.00. 0.75% Rate checked
More details - 0.60%APY$60 a year on $10,000
Requirements
Offer: Requires a minimum balance of $2,500 to earn dividends.
0.60% interest rate · Effective Aug 7, 2023
Rate checked
More details - Alabama Central CUMoney Market AccountMoney Market Account · $2,500 min · 0.50%–0.80% by balance
Credit union · 2 branches
0.60%APY$60 a year on $10,000Requirements
Product: Opening minimum deposit of $2,500. Start earning dividends with a minimum balance of $2,500, with earnings compounded and credited monthly.
0.50% interest rate
Rate by balance
Rate by balance for Money Market Account Balance APY $2,500 – $9,999 0.50% $10,000 – $49,999Your amount 0.60% $50,000 – $99,999 0.70% $100,000 and up 0.80% Rate checked
More details - United Community BankUnited Money MarketUnited Money Market · $1,500 min · 0.50%–1.15% by balance
Bank · 1 branch
0.50%APY$50 a year on $10,000Requirements
Product: Monthly maintenance charge of $12 will be assessed unless a daily balance of $1,500 is maintained. $10.00 excessive withdrawal fee for each withdrawal over 6 per month.
Offer: Lowest number listed in each tier represents the minimum daily balance required to obtain the APY.
$12 monthly fee
Rate by balance
Rate by balance for United Money Market Balance APY Up to $9,999 0.50% $10,000 – $49,999Your amount 0.50% $50,000 – $99,999 0.50% $100,000 – $249,999 1.00% $250,000 – $499,999 1.00% $500,000 – $999,999 1.15% $1,000,000 and up 1.15% Rate checked
More details - 0.45%APY$45 a year on $10,000
Requirements
Product: Variable rate account. Dividend rates determined quarterly by the Credit Union board of directors. Annual percentage yields are accurate as of the last dividend declared date. Withdrawals are limited to five per month, with a $25 fee for any excess transactions.
Offer: Minimum to open a share account is $25.00 plus a $1.00 membership fee. A balance of $200.00 is required to earn dividends.
0.45% interest rate
Rate checked
More details - Florence Federal Credit UnionMoney Market AccountMoney Market Account · $2,500 min
Credit union · 2 branches
0.45%APY$45 a year on $10,000Requirements
Product: Variable rate account determined quarterly by the board of directors. Membership eligibility requires residing in qualifying areas of Alabama, Mississippi, or Tennessee.
Offer: A balance of $2,500 is required to earn dividends. Withdrawals limited to five per month, with a $25 fee for excess transactions.
0.45% interest rate
Rate checked
More details - 0.35%APY$35 a year on $10,000
Requirements
Product: Minimum opening deposit of $25.00 plus a $1.00 membership fee. Variable rate determined quarterly by the board of directors. Balance of $200.00 required to earn dividends.
Offer: $1.00 membership fee required. Balance of $200.00 or more is required to earn dividends.
0.35% interest rate
Rate checked
More details - 0.20%APY$20 a year on $10,000with conditions
Requirements
Product: Secondary savings account tied to primary Share Savings Account to help save for specific goals with custom nicknames.
Qualified rate · 0.20% interest rate · Effective Oct 1, 2026
Rate checked
More details - 0.20%APY$20 a year on $10,000
Requirements
Product: Establishes membership in Listerhill Credit Union ($5 share). Monthly maintenance fee of $5 waived if under 25, account < 90 days old, member/household has a Listerhill loan/mortgage, or opened credit card / started relationship with Listerhill Investment Services within last 12 months.
Offer: Accurate as of last dividend declaration date. Dividends calculated/compounded quarterly. $5 monthly maintenance fee waived with qualifying age, account age, or loan/card/investment relationship.
0.20% interest rate · Compounded quarterly · $5 monthly fee · Effective Oct 1, 2026
Rate checked
More details - Alabama Central CURegular SavingsSavings · $100 min · 0.10%–0.20% by balance
Credit union · 2 branches
0.20%APY$20 a year on $10,000Requirements
Product: Both Regular Share and Daily Share Accounts available. Establishes membership with Alabama Central.
Offer: Earn dividends on daily balance of $100 or more; compounded and credited monthly. 6 free withdrawals per month, $2 fee for withdrawals in excess thereafter.
0.10% interest rate
Rate by balance
Rate by balance for Regular Savings Balance APY $100 – $2,500 0.10% Over $2,500Your amountDaily Share Account. 6 free withdrawals per month, $2 fee for excess withdrawals. 0.20% Rate checked
More details
Carrot Score rates each institution on all its CD, savings, auto loan and credit card rates, not just the account shown. How we rank
What savings accounts pay in Florence, AL
39 accounts at 14 banks and credit unions · checked Oct 6–22
- Typical
- 0.10%
- Top 10% from
- 1.55%
- Banks, typical
- 0.05%
- Credit unions, typical
- 0.28%
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Florence, AL metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Listerhill Credit UnionCredit union · 9 branches