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 1–15 results in Shelby County, TN · Showing Shelby County, TN: too few institutions in Arlington, TN
- 3.50%APY$350 a year on $10,000
Requirements
Product: No minimum opening balance, no minimum balance to earn dividends, and no monthly service charges. Interest accrual applies up to a maximum balance of $5,000,000.
Offer: Flat rate on balances up to $5,000,000; compounded and credited monthly.
3.45% interest rate · Balance cap $5,000,000 · No monthly fee · Effective Jul 1, 2026
Rate checked
More details - 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 - Financial FederalPersonal Savings - Money MarketPersonal Savings - Money Market · 3.35%–3.45% by balance
Bank · 1 branch
3.35%APY$335 a year on $10,000Requirements
Product: Rate and offer subject to change without notice and after account opening. Interest earned on the entire daily balance. Fees could reduce earnings on account. Not available to institutional investors. Account openings are subject to Bank approval and may be declined on certain factors.
Offer: Balances over $100,000. Interest earned on the entire daily balance. Fees could reduce earnings on account. Rate subject to change after account opening.
Effective Sep 24, 2026
Rate by balance
Rate by balance for Personal Savings - Money Market Balance APY Any balance 3.45% $5,000 – $100,000Your amount 3.35% Rate checked
More details - 3.35%APY$335 a year on $10,000
Requirements
Product: Requires a minimum balance of $5,000 to earn dividends. Variable rate. Direct deposit recommended to maximize earnings. No limit on monthly transactions.
Offer: Minimum balance of $5,000 to earn dividends. Variable rate.
No monthly fee
Rate checked
More details - Huntington BankHuntington Relationship SavingsSavings · $100 min · 0.06%–3.25% by balance
Bank · 9 branches
3.25%APY$325 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: Promotional Rate with open Private Client Account; requires new money to Huntington. Rate applies to ZIP code 43215.
Qualified rate · 0.06% 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 0.06% $5,000 – $2,000,001Your amountPromotional Rate with open Huntington Perks Checking account; 3.25% $2,000,001 – $100,000,000,000Bank reserves the right to limit acceptance of deposits greater than $2,000,000.00. 0.06% Rate checked
More details - Huntington BankHuntington Relationship SavingsSavings · $100 min · 0.02%–3.15% by balance
Bank · 9 branches
3.15%APY$315 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: Promotional Rate with open Huntington Perks Checking account; requires new money to Huntington. Rate applies to ZIP code 43215.
Qualified rate · 0.02% 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 0.02% $5,000 – $2,000,001Your amountNon-Relationship Promotional Rate; 3.15% $2,000,001 – $100,000,000,000Bank reserves the right to limit acceptance of deposits greater than $2,000,000.00. 0.02% Rate checked
More details - 2.79%APY$279 a year on $10,000with conditions
Requirements
Product: May be new or existing money. Existing Paragon customers must have a Paragon Bank checking account to qualify for this special rate.
Offer: No service charge when daily balance is over $1,000 ($12 monthly standard service charge). Existing Paragon customers must have a Paragon Bank checking account to qualify for this special rate. Applies to minimum balance and minimum opening deposit of $1,000. Money Market account special may be new or existing money.
Qualified rate · 2.75% interest rate · $12 monthly fee · Effective Oct 1, 2026
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 - Southern Security Federal Credit UnionMoney Market AccountMoney Market Account · $2,500 min · 2.00%–2.50% by balance
Credit union · 5 branches
2.00%APY$200 a year on $10,000Requirements
Product: Make withdrawals any time so long as you maintain the minimum required balance of $2,500. Dividends compounded monthly. Payroll deduction/direct deposit options available. No credit approval required.
1.98% interest rate · Compounded monthly
Rate by balance
Rate by balance for Money Market Account Balance APY $2,500 – $25,000Your amount 2.00% $25,000 – $50,000 2.10% $50,000 – $100,000 2.25% $100,000 and up 2.50% Rate checked
More details - Firefighters First Credit UnionMoney MarketMoney Market · $0 min · 0.05%–1.75% by balance
Credit union · 1 branch
1.60%APY$160 a year on $10,000Requirements
Product: Variable-rate tiered account. Dividends are compounded and credited monthly. Rate will never fall below the regular savings account dividend rate as long as a $2,500 minimum balance is maintained.
Rate by balance
Rate by balance for Money Market Balance APY Up to $2,500 0.05% $2,500 – $50,000Your amount 1.60% $50,000 – $75,000 1.65% $75,000 – $100,000 1.70% $100,000 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 · 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 - FedEx Employees Credit AssociationMoney Market CheckingMoney Market Checking · $5,000 min · 1.45%–1.75% by balance
Credit union · 5 branches
1.50%APY$150 a year on $10,000Requirements
Product: Minimum opening deposit of $5,000 is required and must be maintained to receive dividends. If account balance falls below $2,500, a $10 fee will be assessed monthly.
Offer: Minimum opening deposit of $5,000 required and must be maintained to receive dividends. $10 monthly fee assessed if balance falls below $2,500.
$10 monthly fee · Effective Oct 13, 2024
Rate by balance
Rate by balance for Money Market Checking Balance APY $5,000 – $10,000 1.45% $10,000 – $25,000Your amount 1.50% $25,000 – $50,000 1.55% $50,000 – $100,000 1.60% $100,000 and up 1.75% Rate checked
More details - FedEx Employees Credit AssociationMoney MarketMoney Market · $5,000 min · 1.45%–1.75% by balance
Credit union · 5 branches
1.50%APY$150 a year on $10,000Effective Oct 13, 2024
Rate by balance
Rate by balance for Money Market Balance APY $5,000 – $10,000 1.45% $10,000 – $25,000Your amount 1.50% $25,000 – $50,000 1.55% $50,000 – $100,000 1.60% $100,000 and up 1.75% Rate checked
More details - Leaders Credit UnionMoney Market CertificateMoney Market Certificate · $3,000 min
Credit union · 2 branches
1.25%APY$125 a year on $10,000Requirements
Product: 6-month term. One withdrawal per calendar month allowed without charge; excessive withdrawals are subject to an excessive-withdrawal service charge. Dividends compounded and credited quarterly.
Offer: 6-month term. One withdrawal per calendar month allowed without charge; excessive withdrawals are subject to an excessive-withdrawal service charge. Dividends compounded and credited quarterly.
1.24% interest rate
Rate checked
More details - Hope Credit UnionHOPE Rewards Saving Plus AccountsSavings · 1.01%–1.51% by balance
Credit union · 4 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
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 Shelby County, TN
87 accounts at 32 banks and credit unions · checked Oct 15–22
- Typical
- 0.15%
- Top 10% from
- 1.76%
- Banks, typical
- 0.05%
- 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