Compare Bank & Credit Union Rates
Best savings rates in Alabama
Compare published savings yields, money market accounts included, with minimums, requirements, collection dates and original sources.
Top savings rates
Showing 16–30 results in Alabama
- 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 - 2.52%APY$252 a year on $10,000
Requirements
Product: Designed for high balances. Pays dividends monthly. Pays a higher dividend for balances of $5,000 or more.
Offer: Monthly compounding on balances from $0 to $4,999.
1.50% interest rate
Rate by balance
Rate by balance for Super Saver Balance APY Up to $4,999 1.51% $5,000 and upYour amount 2.52% Rate checked
More details - 2.52%APY$252 a year on $10,000
Requirements
Product: High-balance savings account. Pays dividends monthly.
1.50% interest rate
Rate by balance
Rate by balance for Super Saver Balance APY Up to $4,999 1.51% $5,000 and upYour amount 2.52% Rate checked
More details - 2.50%APY$250 a year on $10,000
Requirements
Product: $10 monthly fee if balance drops below $2,500. Free money market checks.
Offer: $10 monthly fee if balance drops below $2,500.
1.98% interest rate · $10 monthly fee
Rate by balance
Rate by balance for Money Market Balance APY $2,500 – $10,000 2.00% $10,000 – $25,000Your amount 2.50% $25,000 – $250,000 3.00% $250,000 and up 3.50% Rate checked
More details - Southern Energy Credit UnionMoney Market AccountMoney Market Account · $10,000 min · 2.25%–3.25% by balance
Credit union · 20 branches
2.25%APY$225 a year on $10,000Requirements
Product: Requires Southern Energy membership. Minimum average daily balance of $10,000 required to earn interest and avoid monthly Minimum Balance Fee. Interest computed on average daily balance and compounded monthly.
Offer: Minimum average daily balance for tier must be maintained to earn disclosed APY. Minimum balance of $10,000 required to avoid monthly Minimum Balance Fee.
Compounded monthly · Effective Oct 1, 2026
Rate by balance
Rate by balance for Money Market Account Balance APY $10,000 – $100,000Your amount 2.25% $100,000 – $250,000 2.75% $250,000 – $500,000 2.85% $500,000 – $1,000,000 3.00% $1,000,000 and up 3.25% Rate checked
More details - 2.25%APY$225 a year on $10,000
Requirements
Product: Membership required. Age 18 and older.
0.25% interest rate · No monthly fee
Rate by balance
Rate by balance for Money Market Balance APY Up to $2,500 0.25% $2,500 – $10,000Your amount 2.25% $10,000 – $25,000 2.25% $25,000 – $50,000 2.25% $50,000 – $100,000 3.50% Over $100,000 3.50% Rate checked
More details - 2.02%APY$202 a year on $10,000
Requirements
Product: Rate may change after account is open. May require a minimum daily balance and/or impose a penalty for early withdrawal. Fees and other conditions could reduce earnings.
Offer: Interest credited monthly. Rate may change after opening.
2.00% interest rate
Rate checked
More details - 2.02%APY$202 a year on $10,000
Requirements
Product: Minimum opening deposit of $1,000.00. Must maintain a minimum average daily balance of $1,000.00 to obtain disclosed APY. Interest compounded and credited monthly. Transaction limitations of up to 6 withdrawals or transfers per month (maximum 3 by check, draft, or debit card). Minimum deposit of $100.00 per deposit.
Offer: Must maintain a minimum average daily balance of $1,000.00 to obtain disclosed APY. Minimum opening deposit $1,000.00. Transaction limit of 6 withdrawals/transfers per monthly statement period (maximum 3 by check). Minimum deposit $100.00.
Rate checked
More details - Family Savings Credit UnionMoney Market AccountMoney Market Account · 0.00%–2.75% by balance
Credit union · 10 branches
2.00%APY$200 a year on $10,000Requirements
Product: Must meet Field of Membership requirements. You must keep the $5.00 par value of a regular share in FSCU to maintain this account. There is no minimum balance that must be kept in the Money Market Share Account, but no dividends are earned on average daily balances of $499.99 or less. No monthly service fees. Money Market Excessive withdrawal fee assessed if more than 6 withdrawals clear in a month. Member accounts insured up to $1,000,000 ($250,000 NCUA, $750,000 ESI).
Offer: No dividends are earned on average daily balances of $499.99 or less.
No monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for Money Market Account Balance APY Up to $500 0.00% $500 – $10,000 1.50% $10,000 – $25,000Your amount 2.00% $25,000 – $50,000 2.50% $50,000 and up 2.75% 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 - Southern Independent BankFree Kasasa SaverSavings · $100 min · 0.50%–2.00% by balance
Bank · 3 branches
2.00%APY$200 a year on $10,000with conditionsRequirements
Product: 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.
Offer: Earned when qualifications are met in linked Kasasa Cash or Kasasa Cash Back checking account.
Qualified rate · 1.98% interest rate · No monthly fee · Effective Jul 20, 2023
Rate by balance
Rate by balance for Free Kasasa Saver Balance APY Up to $50,000Your amount 2.00% $50,000 and up 0.50%* Rate checked
More details - WinSouth Credit UnionMoney Market AccountMoney Market Account · $1,000 min · 1.50%–2.75% by balance
Credit union · 9 branches
2.00%APY$200 a year on $10,000intro rateRequirements
Product: In honor of the 75th anniversary, members with an active direct deposit—or who bring their direct deposit—receive an additional 0.75% added to current Money Market rates for a limited time.
Promotional rate
Rate by balance
Rate by balance for Money Market Account Balance APY $1,000 – $4,999 1.50% $5,000 – $9,999 1.50% $10,000 – $14,999Your amount 2.00% $15,000 – $49,999 2.50% $50,000 – $99,999 2.75% $100,000 – $199,999 2.75% $200,000 and up 2.75% Rate checked
More details - PenAir Credit UnionMoney Market AccountMoney Market Account · $0 min · 0.00%–1.75% by balance
Credit union · 4 branches
1.75%APY$175 a year on $10,000Requirements
Product: Available to members who live, work, go to school or worship in specified counties (from Mobile County, AL to Leon County, FL). Rates on deposit accounts may change after account opening.
0.00% interest rate
Rate by balance
Rate by balance for Money Market Account Balance APY Up to $2,500 0.00% $2,500 – $25,000Your amount 1.75% $25,000 – $75,000 1.75% $75,000 – $200,000 1.75% $200,000 and up 1.75% Rate checked
More details - FirstBankConsumer Fed Funds Money MarketConsumer Fed Funds Money Market · $100 min · 1.56%–3.15% by balance
Bank · 13 branches
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 - 1.56%APY$156 a year on $10,000with conditions
Requirements
Product: Earn higher dividends Minimum balance of $2500 Free Digital Banking and Bill Pay A JMAFCU debit card with a checking account Direct Deposit Available
Offer: Must maintain a minimum average daily balance of $2,500 to earn dividends. Rates on variable rate accounts (i.e. Share Savings, Checking, and Super Savings) could change after account opening.
Qualified rate · 1.55% interest rate · No monthly fee · Effective Oct 1, 2026
Rate by balance
Rate by balance for Super Savings Balance APY $2,500 – $24,999Your amount 1.56% $25,000 – $99,999 1.66% $100,000 and up 1.81% 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 Alabama
266 accounts at 101 banks and credit unions · checked Oct 15–22
- Typical
- 0.25%
- Top 10% from
- 1.88%
- Banks, typical
- 0.13%
- Credit unions, typical
- 0.30%
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Alabama
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Auburn University Credit UnionCredit union · 3 branches
- ASE Credit UnionCredit union · 9 branches
- AOD Federal Credit UnionCredit union · 6 branches