Compare Bank & Credit Union Rates
Best savings rates in Richmond, KY
Compare published savings yields, money market accounts included, with minimums, requirements, collection dates and original sources.
Top savings rates
Showing 1–15 results in Richmond, KY
- Cumberland Valley National BankJefferson Premium Money Market AccountJefferson Premium Money Market Account · $2,500 min · 3.09%–3.61% by balance
Bank · 2 branches
3.09%APY$309 a year on $10,000intro rateRequirements
Product: Exclusive offer to Louisville MSA residents. Valid for new money only (funds not currently on deposit with CVNB). Available to individuals and businesses (institutional industries such as banks and brokerages are not eligible). Minimum deposit of $2,500 to open. $15 service fee charged if balance falls below $2,500 at any time during the statement cycle.
Offer: Rate guaranteed through July 30, 2026; variable and may change after 7/31/26. $15 monthly service fee if balance falls below $2,500 at any time during the statement cycle. Valid for new money only. Must reside within the Louisville MSA.
Promotional rate · 3.05% interest rate · $15 monthly fee · Effective Sep 16, 2026
Rate by balance
Rate by balance for Jefferson Premium Money Market Account Balance APY Up to $250,000Your amount 3.09% $250,000 and up 3.61% Rate checked
More details - 2.00%APY$200 a year on $10,000with conditions
Requirements
Product: Opening deposit of at least $25 required. Monthly maintenance fee of $5 is waived for owners of a U.S. Bank Smartly Checking account, Safe Debit account, U.S. Bank Smartly Visa Signature Card, or accounts with a minor under age 18. Relationship rates require maintaining an eligible qualifying product and vary by Combined Qualifying Balance (CQB).
Offer: Relationship rate for Combined Qualifying Balance (CQB) under $5,000. Requires an eligible open and in-good-standing account (U.S. Bank Smartly Checking, Safe Debit, or U.S. Bank Smartly Visa Signature Card).
Qualified rate · 1.00% interest rate · $5 monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for U.S. Bank Smartly Savings Balance APY Up to $5,000 1.00% $5,000 – $25,000Your amount 2.00% $25,000 – $50,000 3.50% $50,000 – $100,000 3.50% $100,000 – $99,999,999,999 3.50% Rate checked
More details - 2.00%APY$200 a year on $10,000with conditions
Requirements
Product: Variable rate account. Monthly maintenance fee of $5 is waived for owners of a Bank Smartly Checking account, Safe Debit account, Bank Smartly Visa Signature Card, or accounts with a minor under age 18. Higher relationship rates require maintaining an eligible product (Bank Smartly Checking, Safe Debit account, or Bank Smartly Visa Signature Card) and are determined by Combined Qualifying Balance (CQB).
Offer: Relationship rate for CQB Under $5,000. Requires qualifying relationship product.
Qualified rate · 1.00% interest rate · $5 monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for Bank Smartly Savings Balance APY Up to $5,000 1.00% $5,000 – $25,000Your amountRelationship rate for CQB $5,000 to $24,999.99. 2.00% $25,000 – $50,000Relationship rate for CQB $25,000 to $49,999.99. 3.50% $50,000 – $100,000Relationship rate for CQB $50,000 to $99,999.99. 3.50% $100,000 and upRelationship rate for CQB $100,000 and above. 3.50% Rate checked
More details - Commonwealth Credit UnionConsumer Money Market AccountsConsumer Money Market Accounts · $2,500 min · 1.80%–2.50% by balance
Credit union · 1 branch
1.95%APY$195 a year on $10,000Requirements
Product: Tiered rate account; dividend rate for a tier applies to the entire balance if the average daily balance falls within that tier. Minimum opening balance is $2,500. A $10 monthly service fee applies if the average balance falls below $2,500 during the month. Account will not earn dividends if the balance falls below $2,500. Limited to 6 preauthorized, automatic, or telephone transfers/withdrawals per month. Minimum withdrawal amount is $250 ($5 fee for transactions less than $250 or exceeding 6 per month).
1.79% interest rate · $10 monthly fee · Effective Oct 1, 2026
Rate by balance
Rate by balance for Consumer Money Market Accounts Balance APY $2,500 – $10,000 1.80% $10,000 – $25,000Your amount 1.95% $25,000 – $50,000 2.10% $50,000 – $100,000 2.25% $100,000 and up 2.50% Rate checked
More details - Community Trust BankPreferred Index Money MarketPreferred Index Money Market · $2,500 min · 0.00%–3.48% by balance
Bank · 2 branches
1.69%APY$169 a year on $10,000Requirements
Product: Available in Kentucky, as well as market areas in Tennessee, West Virginia, and Ohio. Requires $2,500 minimum to open account and earn interest. $10 monthly maintenance fee waived with $2,500 daily ledger balance. Rates tied to the 13-Week Treasury Bill Coupon Equivalent Rate minus specified margin by tier.
Offer: Tier 1 balance tier. $10 monthly maintenance fee waived with $2,500 daily ledger balance. $2,500 minimum required to open account and earn interest.
0.00% interest rate · $10 monthly fee · Effective Oct 21, 2026
Rate by balance
Rate by balance for Preferred Index Money Market Balance APY Up to $2,500 0.00% $2,500 – $25,000Your amountTier 2 balance tier. Interest rate equals 13-Week Treasury Bill Coupon Equivalent Rate minus 2.50% margin. 1.69% $25,000 – $50,000Tier 3 balance tier. Interest rate equals 13-Week Treasury Bill Coupon Equivalent Rate minus 1.50% margin. 2.71% $50,000 – $100,000Tier 4 balance tier. Interest rate equals 13-Week Treasury Bill Coupon Equivalent Rate minus 1.25% margin. 2.97% $100,000 – $250,000Tier 5 balance tier. Interest rate equals 13-Week Treasury Bill Coupon Equivalent Rate minus 1.00% margin. 3.23% $250,000 and upTier 6 balance tier. Interest rate equals 13-Week Treasury Bill Coupon Equivalent Rate minus 0.75% margin. 3.48% Rate checked
More details - Central BankCentral Money Market AccountCentral Money Market Account · $2,500 min · 1.25%–2.75% by balance
Bank · 2 branches
1.50%APY$150 a year on $10,000Requirements
Product: Monthly maintenance fee is waived if a minimum daily balance of $2,500 is maintained; otherwise $10. Up to 6 withdrawals/transfers per monthly statement cycle without incurring excessive withdrawal fee ($10 per excessive transfer/withdrawal). Online opening deposit maximum is $10,000. Interest is compounded daily and credited monthly on collected balances. Rates are variable and tiered. Interest accrues on the entire collected balance at the rate for that balance tier.
1.24% interest rate · Compounded daily · $10 monthly fee · Effective Oct 14, 2026
Rate by balance
Rate by balance for Central Money Market Account Balance APY Up to $10,000 1.25% $10,000 – $50,000Your amount 1.50% $50,000 – $100,000 1.75% $100,000 – $250,000 2.50% $250,000 and up 2.75% Rate checked
More details - Central BankPersonal Money Market PlusPersonal Money Market Plus · $0 min · 1.50%–3.50% by balance
Bank · 2 branches
1.50%APY$150 a year on $10,000Requirements
Product: Interest on Money Market accounts accrues on the entire collected balance at the rate for that balance tier. Variable rate may change after opening. Daily compounding of interest for 365 days.
1.49% interest rate · Effective Oct 14, 2026
Rate by balance
Rate by balance for Personal Money Market Plus Balance APY Up to $500,000Your amount 1.50% $500,000 and up 3.50% Rate checked
More details - 1.00%APY$100 a year on $10,000
Requirements
Product: FDIC insured; Central NET online statements and Central MOBILE with mobile deposit included. Overdraft protection feature available. Maximum opening deposit for online accounts is $10,000. $2 monthly fee waived with a minimum daily balance of $200. $5 fee per excessive transfer/withdrawal over 6 per monthly statement cycle.
Offer: Variable interest, compounded daily and paid monthly on collected balances. The rate may change after the account is opened. Monthly maintenance fee of $2 waived if minimum daily balance of $200 is maintained.
1.00% interest rate · Compounded daily · $2 monthly fee
Rate checked
More details - Park Community Credit UnionMoney Market AccountMoney Market Account · $1,000 min · 0.75%–2.25% by balance
Credit union · 1 branch
0.75%APY$75 a year on $10,000with conditionsRequirements
Product: $10.00 monthly maintenance fee waived with active Park Perks or by maintaining a $1,000 minimum balance. 6 free withdrawals per month with $250 minimum withdrawal. $10.00 fee per occurrence for withdrawals under $250 or excess withdrawals beyond 6 per calendar month. Park Perks rates require enrollment in Park Perks (requires Thryve Checking account, debit card, and enrollment in Savings Jar with a minimum of one round up within the current statement cycle).
Offer: Requires active Park Perks enrollment (requires Thryve Checking account, debit card, and enrollment in Savings Jar with minimum of one round up in current statement cycle). Monthly maintenance fee waived.
Qualified rate · 0.75% interest rate · $10 monthly fee · Effective Oct 1, 2025
Rate by balance
Rate by balance for Money Market Account Balance APY $1,000 – $50,000Your amount 0.75% $50,000 – $150,000 1.30% $150,000 – $250,000 1.75% $250,000 and up 2.25% Rate checked
More details - 0.60%APY$60 a year on $10,000with conditions
Requirements
Product: Works together with REWARDChecking. Variable interest rate. ATM fee refunds automatically deposited into REWARDSavings.
Offer: Requires meeting monthly REWARDChecking requirements: make 10 debit card purchases of $5 or more, receive monthly eStatements, and have 1 direct deposit or automatic payment. Applies to balances up to $15,000.
Qualified rate · Effective Jun 17, 2020
Rate checked
More details - 0.50%APY$50 a year on $10,000
Requirements
Product: Dividends compounded and credited monthly. No minimum deposit.
Offer: No minimum balance to earn APY; no minimum balance to avoid service fee.
0.50% interest rate · No monthly fee · Effective Oct 1, 2026
Rate checked
More details - Park Community Credit UnionMoney Market AccountMoney Market Account · $1,000 min · 0.45%–1.10% by balance
Credit union · 1 branch
0.45%APY$45 a year on $10,000with conditionsRequirements
Product: $10.00 monthly maintenance fee waived with active Park Perks or by maintaining a $1,000 minimum balance. 6 free withdrawals per month with $250 minimum withdrawal. $10.00 fee per occurrence for withdrawals under $250 or excess withdrawals beyond 6 per calendar month. Park Perks rates require enrollment in Park Perks (requires Thryve Checking account, debit card, and enrollment in Savings Jar with a minimum of one round up within the current statement cycle).
Offer: Standard rate without Park Perks. Monthly maintenance fee of $10 waived with active Park Perks or by maintaining a $1,000 minimum balance.
Qualified rate · 0.45% interest rate · $10 monthly fee · Effective Oct 1, 2025
Rate by balance
Rate by balance for Money Market Account Balance APY $1,000 – $50,000Your amount 0.45% $50,000 – $150,000 1.00% $150,000 – $250,000 1.00% $250,000 and up 1.10% Rate checked
More details - 0.15%APY$15 a year on $10,000
Requirements
Product: Dividends compounded and credited monthly based on average daily balance. No monthly service fees.
Offer: No minimum balance to earn APY; no minimum balance to avoid service fee.
0.15% interest rate · No monthly fee · Effective Oct 1, 2026
Rate checked
More details - Forcht BankPerformance Money MarketPerformance Money Market · $2,500 min · 0.05%–0.15% by balance
Bank · 1 branch
0.10%APY$10 a year on $10,000Requirements
Product: $2,500 minimum balance requirement, or an aggregate balance of $5,000; if falls below $6 monthly service charge.
Offer: Minimum balance to obtain APY refers to the amount of the principal in the account each day. Interest is compounded daily and paid monthly or quarterly, based on account type. Rate and APY may be subject to change after opening. $6 monthly service charge if balance falls below $2,500 or aggregate balance below $5,000.
0.05% interest rate · Compounded daily · $6 monthly fee · Effective Dec 19, 2024
Rate by balance
Rate by balance for Performance Money Market Balance APY Up to $10,000 0.05% $10,000 – $50,000Your amount 0.10% $50,000 – $100,000 0.10% $100,000 and up 0.15% Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: $500 minimum balance requirement; $5 monthly service charge if balance falls below minimum.
Offer: $5 monthly service charge if balance falls below $500.
0.05% interest rate · $5 monthly fee · Effective Dec 19, 2024
Rate by balance
Rate by balance for Forcht Friend Savings Balance APY Up to $10,000 0.05% $10,000 and upYour amount 0.10% 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 Richmond, KY
32 accounts at 11 banks and credit unions · checked Oct 6–22
- Typical
- 0.07%
- Top 10% from
- 1.92%
- Banks, typical
- 0.05%
- Credit unions, typical
- 0.48%
Is your bank paying you enough?
Find your bank or credit union to see all its rates and how they compare near you.
Richmond, KY metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Commonwealth Credit UnionCredit union · 1 branch
- Central BankBank · 3 branches
- PBT BancorpBank · 2 branches