Compare Bank & Credit Union Rates
Best high-yield savings rates
Compare published savings yields, money market accounts included, with minimums, requirements, collection dates and original sources.
Top savings rates
Showing 16–30 results in Memphis, TN-MS-AR metro
- Hope Credit UnionHOPE Rewards Saving Plus AccountsSavings · 1.01%–1.51% by balance
Credit union · 5 branches
1.01%APY$100 a year on $10,000Requirements
Product: Variable-rate account; rates may change after the account is opened. Rates apply when qualifications are met.
Offer: When qualifications are met.
1.00% interest rate · Effective Oct 1, 2026
Rate by balance
Rate by balance for HOPE Rewards Saving Plus Accounts Balance APY Up to $10,000Your amount 1.01% $10,000 – $50,000 1.51% Over $50,000 1.51% Rate checked
More details - 1.00%APY$100 a year on $10,000
Requirements
Product: Dividends compounded and paid monthly. Primary Share rate paid if balance drops below $3,000.
0.20% interest rate · Effective Oct 1, 2026
Rate by balance
Rate by balance for Money Market Balance APY Up to $3,000 0.20% $3,000 – $100,000Your amount 1.00% $100,000 and up 1.50% Rate checked
More details - 1.00%APY$100 a year on $10,000with conditions
Requirements
Product: Available only to customers with a Kasasa Checking account (Kasasa Cash or Kasasa Cash Back). Limit one account per SSN. Requires $50 minimum opening deposit.
Offer: When qualifications in Kasasa Checking are met: at least 12 debit card purchases, enrolled in and agree to receive eStatements, and enrolled in and log into online banking each monthly qualification cycle.
Qualified rate · No monthly fee · Effective Nov 17, 2022
Rate checked
More details - 1.00%APY$100 a year on $10,000
Requirements
Product: Available for personal accounts only. No monthly maintenance fees. Membership eligibility required. Does not offer check-writing privileges or a debit card.
Offer: $1,000 minimum deposit required to open and maintain account. Dividends calculated daily and paid/compounded monthly. Rates subject to change.
1.00% interest rate · Compounded monthly · No monthly fee · Effective Sep 1, 2026
Rate checked
More details - FedTrust Federal Credit UnionInsured Share Management Account - ISMAInsured Share Management Account - ISMA · $3,000 min · 1.00%–1.25% by balance
Credit union · 4 branches
1.00%APY$100 a year on $10,000Requirements
Product: Tier between a regular share account and a share certificate allowing a limited number of withdrawals per month and unlimited deposits. Requires minimum deposit or withdrawal of $500.
Offer: High Yield tier. Non-term. Monthly paid dividends. Minimum deposit or withdrawal of $500.
1.00% interest rate
Rate by balance
Rate by balance for Insured Share Management Account - ISMA Balance APY $3,000 and upYour amount 1.00% $100,000 and upJumbo tier. 1.25% Rate checked
More details - Woodforest National BankEmerald Elite AccountEmerald Elite Account · $25 min · 1.00%–3.00% by balance
Bank · 1 branch
1.00%APY$100 a year on $10,000Requirements
Product: Tiered money market account. $25.00 monthly minimum balance fee waived if a balance of $10,000.00 or above is maintained each day in the statement period. Up to 6 withdrawals per statement period at no charge ($25.00 fee per excessive withdrawal over 6). Includes custom wallet checks, cashier's checks, money orders, and notary services.
Offer: Emerald Elite 1st Tier. Variable interest rate calculated using daily balance method. $25.00 monthly minimum balance fee waived if a balance of $10,000.00 or above is maintained each day in the statement period.
$25 monthly fee · Effective Sep 14, 2026
Rate by balance
Rate by balance for Emerald Elite Account Balance APY Over $0Your amount 1.00% $100,000 and upEmerald Elite 2nd Tier. 1.50% $250,000 and upEmerald Elite 3rd Tier. 2.00% $500,000 and upEmerald Elite 4th Tier. 3.00% Rate checked
More details - First South FinancialBoost Money MarketBoost Money Market · $0 min · 0.80%–3.00% by balance
Credit union · 12 branches
0.80%APY$80 a year on $10,000with conditionsRequirements
Product: Requires a Checking account with First South Financial. High-Yield rate (3.00%) on balances of $25,000+. Accounts that fall below the minimum balance requirement of $25,000 will incur a $15.00 monthly service fee. Accurate as of 7/16/2026.
Offer: Balance below $25,000 incurs $15.00 monthly service fee.
Qualified rate · $15 monthly fee · Effective Jul 16, 2026
Rate by balance
Rate by balance for Boost Money Market Balance APY Up to $24,999Your amount 0.80% $25,000 and upRequires checking account with First South Financial. 3.00% Rate checked
More details - First South FinancialMoney MarketMoney Market · $0 min · 0.70%–2.64% by balance
Credit union · 12 branches
0.80%APY$80 a year on $10,000Requirements
Product: The minimum required to open the above accounts is the same as the minimum required to earn corresponding interest. Unlimited deposits and up to 6 transfers or withdrawals per month at no charge (per withdrawal charge starting with 7th withdrawal).
Effective Oct 15, 2026
Rate by balance
Rate by balance for Money Market Balance APY Up to $2,500 0.70% $2,500 – $15,000Your amount 0.80% $15,000 – $25,000 0.90% $25,000 – $50,000 1.00% $50,000 – $100,000 1.10% $100,000 – $249,999 1.20% $250,000 – $499,999 2.14% $500,000 and up 2.64% Rate checked
More details - 0.75%APY$75 a year on $10,000
Requirements
Product: Any fees will reduce earnings. Rates are subject to change.
0.75% interest rate · Effective Jan 18, 2023
Rate checked
More details - 0.70%APY$70 a year on $10,000
Requirements
Product: Interest is compounded and credited quarterly. Maximum 6 free withdrawals per quarter ($2 per debit in excess of 6).
0.70% interest rate · Effective Jan 18, 2023
Rate checked
More details - FirstBankMoney Market TieredMoney Market Tiered · $2,500 min · 0.00%–0.75% by balance
Bank · 2 branches
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 - Southeast Financial Credit UnionMoney Market AccountMoney Market Account · $0 min · 0.00%–1.50% by balance
Credit union · 1 branch
0.60%APY$60 a year on $10,000Requirements
Product: Rates may change after account opening at credit union discretion. Fees may reduce earnings. Must meet minimum balance requirement to obtain stated rate. Minimum opening deposit of $2,500 to earn interest.
Offer: Must meet minimum balance requirement to obtain stated rate.
Effective Oct 1, 2026
Rate by balance
Rate by balance for Money Market Account Balance APY Up to $2,499 0.00% $2,500 – $10,000Your amountMinimum opening deposit of $2,500 required to start earning interest. 0.60% $10,001 – $25,000Minimum opening deposit of $2,500 required to start earning interest. 0.75% $25,001 – $50,000Minimum opening deposit of $2,500 required to start earning interest. 1.00% $50,001 – $75,000Minimum opening deposit of $2,500 required to start earning interest. 1.20% $75,001 – $100,000Minimum opening deposit of $2,500 required to start earning interest. 1.35% $100,001 and upMinimum opening deposit of $2,500 required to start earning interest. 1.50% Rate checked
More details - 0.55%APY$55 a year on $10,000with conditions
Requirements
Product: Available to military customers. Requires a Military Advanced Checking account with a minimum automatic funds transfer of $25.00 to keep active. Variable rate subject to change. Limit one account per individual. Reverts to regular savings if requirements are not maintained. 3 free withdrawals per quarter, then $1.50 per withdrawal. $6.50 fee per cycle if daily balance falls below $100.00.
Offer: Tier One: Balances up to $25,000. $5 minimum deposit to open. Variable rate.
Qualified rate · 0.55% interest rate
Rate by balance
Rate by balance for Military Smart Savers Plan Balance APY Up to $25,000Your amount 0.55% $25,001 – $50,000 0.65% $50,000 and up 0.75% Rate checked
More details - 0.50%APY$50 a year on $10,000
Requirements
Offer: Dividend Period: Monthly
0.50% interest rate · Effective Aug 23, 2022
Rate checked
More details - BankFirst Financial ServicesSaver Savings + PERKSSavings · $100 min · 0.15%–0.50% by balance
Bank · 5 branches
0.50%APY$50 a year on $10,000with conditionsRequirements
Product: Must have an Interest Checking + PERKS account to open a Saver Savings + PERKS account and the Interest Checking + PERKS account must remain open throughout the period that you hold the Saver Savings + PERKS account. Limit one Saver Savings + PERKS account per social security number.
Offer: Requires meeting linked Interest Checking + PERKS qualification requirements during each Monthly Qualification Cycle: at least 20 POS debit card transactions of $5.00 or greater post and clear per cycle, and at least $500.00 cumulative direct deposits or $500.00 cumulative automatic payments post and clear per cycle.
Qualified rate · Effective Jun 1, 2026
Rate by balance
Rate by balance for Saver Savings + PERKS Balance APY Up to $75,001Your amount 0.50% $75,001 and up 0.15% 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 Memphis, TN-MS-AR metro
110 accounts at 42 banks and credit unions · checked Oct 15–22
- Typical
- 0.20%
- Top 10% from
- 1.56%
- Banks, typical
- 0.06%
- Credit unions, typical
- 0.20%
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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