Compare Bank & Credit Union Rates
Best savings rates in Memphis, TN
Compare published savings yields, money market accounts included, with minimums, requirements, collection dates and original sources.
Top savings rates
Showing 31–45 results in Memphis, TN
- Nucor Employee's Credit UnionRegular Share SavingsSavings · $5 min · 0.05%–0.20% by balance
Credit union · 1 branch
0.20%APY$20 a year on $10,000Rate by balance
Rate by balance for Regular Share Savings Balance APY Up to $1,000 0.05% $1,000 and upYour amount 0.20% Rate checked
More details - HealthNet Federal Credit UnionBasic SavingsSavings · $100 min · 0.10%–0.15% by balance
Credit union · 2 branches
0.15%APY$15 a year on $10,000Requirements
Product: Minimum balance $25. Interest paid quarterly on balances $100 and up.
Offer: Interest paid quarterly on balances $100 and up
Rate by balance
Rate by balance for Basic Savings Balance APY $100 – $10,000 0.10% $10,000 and upYour amount 0.15% Rate checked
More details - 0.15%APY$15 a year on $10,000
Requirements
Offer: Interest earned on balances of any size. Balances that fall below $200 incur a $4 monthly service fee. Two withdrawals per monthly statement cycle, thereafter $2 per withdrawal.
0.15% interest rate · $4 monthly fee
Rate checked
More details - 0.15%APY$15 a year on $10,000
Requirements
Product: Membership eligibility applies.
Offer: Tiered interest rate of 0.15-0.30% APR / 0.15-0.30% APY. Minimum balance is None.
0.15% interest rate · Effective Sep 1, 2026
Rate checked
More details - 0.15%APY$15 a year on $10,000
Requirements
Product: Dividends calculated daily, paid and compounded quarterly. Rates subject to change quarterly. Membership eligibility applies.
Offer: Tiered interest rate of 0.15-0.30% APR / 0.15-0.30% APY. No monthly service charge.
0.15% interest rate · Compounded quarterly · No monthly fee · Effective Sep 1, 2026
Rate checked
More details - 0.15%APY$15 a year on $10,000
Requirements
Product: Membership required; establishes credit union membership. $5 minimum opening deposit. No monthly service fees. Can be used as collateral for a share secured loan.
Offer: Quarterly paid dividends; requires a minimum balance of $184 to earn dividends.
0.15% interest rate · No monthly fee · Effective Jul 22, 2026
Rate checked
More details - SecurCommunity Federal Credit UnionPrimary Savings AccountSavings · $25 min
Credit union · 3 branches
0.15%APY$15 a year on $10,000 - 0.15%APY$15 a year on $10,000
Requirements
Product: If you close your account before dividends are paid, you will not receive the accrued dividends.
Offer: No minimum balance is required to earn an annual percentage yield.
0.15% interest rate
Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: Variable-rate account; rates may change after the account is opened. Rates apply when qualifications are met.
Offer: When qualifications not met.
0.10% interest rate · Effective Oct 1, 2026
Rate checked
More details - UT Federal Credit UnionMoney MarketMoney Market · $2,000 min · 0.05%–0.20% by balance
Credit union · 1 branch
0.10%APY$10 a year on $10,000Requirements
Product: Minimum deposit for account opening is $2,000. Dividend rate compounded monthly. No monthly service charge. Maintenance or activity fees could reduce earnings.
Offer: Tier applies to balances up to $1,999. Minimum opening deposit is $2,000.
0.05% interest rate · Compounded monthly · No monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for Money Market Balance APY Up to $1,999 0.05% $2,000 – $9,999 0.05% $10,000 – $24,999Your amount 0.10% $25,000 – $49,999 0.15% $50,000 and up 0.20% Rate checked
More details - First Horizon BankMoney Market SavingsMoney Market Savings · $50 min · 0.10%–0.15% by balance
Bank · 18 branches
0.10%APY$10 a year on $10,000Requirements
Product: $50 minimum opening deposit. The monthly service charge is refunded within 3 business days when the primary or joint account holder has an active Elite Checking account, or if the total combined balance in consumer deposit accounts is at least $5,000. Otherwise, a $9 monthly service charge applies. Tiered interest at money market rates based on daily balance compounded and credited monthly.
Offer: Monthly service charge refunded within 3 business days when linked to an active Elite Checking account or with $5,000+ total combined balance in consumer deposit accounts. Otherwise $9/month.
$9 monthly fee · Effective Sep 28, 2026
Rate by balance
Rate by balance for Money Market Savings Balance APY Up to $24,999Your amount 0.10% $25,000 – $49,999 0.10% $50,000 – $99,999 0.15% $100,000 – $249,999 0.15% $250,000 and up 0.15% Rate checked
More details - Huntington BankHuntington Relationship SavingsSavings · $100 min · 0.01%–0.06% by balance
Bank · 5 branches
0.06%APY$6 a year on $10,000with conditionsRequirements
Product: Monthly maintenance fee of $10 waived with an average daily balance of $2,500 or when you also own a Huntington personal checking account. Minimum opening deposit is $100. Higher relationship rates available when linked with qualifying checking accounts. Rates are specific to ZIP code 43215.
Offer: Non-Relationship Promotional Rate; requires new money to Huntington (money not currently on deposit in any Huntington account except maturing consumer CDs). Rate applies to ZIP code 43215.
Qualified rate · 0.01% interest rate · $10 monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for Huntington Relationship Savings Balance APY Up to $5,000 0.01% $5,000 – $2,000,001Your amountStandard Rate with qualifying, open Private Client Account. 0.06% $2,000,001 – $100,000,000,000requires new money to Huntington. Bank reserves the right to limit acceptance of deposits greater than $2,000,000.00. 0.01% Rate checked
More details - FedEx Employees Credit AssociationShare Savings AccountSavings · $500 min · 0.01%–0.05% by balance
Credit union · 4 branches
0.05%APY$5 a year on $10,000Requirements
Product: FECA membership required. Accounts insured up to $500,000 ($250,000 by NCUA and $250,000 by ESI).
Effective Oct 13, 2024
Rate by balance
Rate by balance for Share Savings Account Balance APY $500 – $1,000 0.01% $1,000 – $3,000 0.03% $3,000 and upYour amount 0.05% Rate checked
More details - 0.05%APY$5 a year on $10,000with conditions
Requirements
Product: Savings with check-writing capability. $12 monthly service fee can be avoided with a $3,500 minimum daily balance each fee period. Relationship rates require linking to an eligible checking account (such as Prime Checking or Premier Checking).
Offer: Relationship rate; requires linking to a Premier Checking account. $12 monthly service fee avoided with $3,500 minimum daily balance.
Qualified rate · 0.05% interest rate · $12 monthly fee · Effective Oct 10, 2026
Rate by balance
Rate by balance for Wells Fargo Platinum Savings Balance APY Any balanceYour amount 0.05% $25,000 and upPromotional rate accurate as of 2026-10-07 for new Platinum Savings accounts for customers who do not have an existing Wells Fargo consumer savings account (or ownership in past 30 days). $12 monthly fee avoided with $3,500 minimum daily balance. 3.25% Rate checked
More details - 0.05%APY$5 a year on $10,000
Requirements
Product: Shares insured up to $250,000 by NCUA. Maintenance or activity fees could reduce earnings.
Offer: Maintenance or activity fees could reduce earnings on the account. Federally insured by NCUA up to $250,000.
0.05% interest rate · Effective Oct 5, 2026
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
* APY calculated from the stated interest rate. Daily compounding is assumed when the institution does not state it.
What savings accounts pay in Memphis, TN
68 accounts at 27 banks and credit unions · checked Oct 15–22
- Typical
- 0.15%
- Top 10% from
- 1.53%
- Banks, typical
- 0.02%
- Credit unions, typical
- 0.25%
Is your bank paying you enough?
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Memphis, TN-MS-AR metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- LGWFCUCredit union · 1 branch
- Leaders Credit UnionCredit union · 2 branches
- Memphis City Employees Credit UnionCredit union · 6 branches