Best Local Bank Savings and Money Market Rates in Alabama, AL July 1, 2025

You are viewing savings rates from banks across Alabama

or View rates from local banks

If you have your savings dollars in a big bank or a bank with low savings rates, then you are losing money. We've found FDIC insured banks that will pay you more. Take a few minutes to explore the options below and see how you can boost your savings by more than 6X the national average rate. There is competition for your money. Take advantage of it!

AL - July 1, 2025

Savings Account National Average Rate: 0.45% ^?

Banks	APY	MIN
First Us Bank Tuscaloosa Branch	5.12%	$1	Learn More Add Review
Citibank, National Association	4.35% 0.20%	$0 $1	Learn More
Promotional rate for 3 months up to $11,000. Requires $25,000 in new deposits within 10 days of registration. After 3 month promotional period, rate reverts to between 0.03% and 0.12%. Rate History: 5.00% → 4.75% → 5.00% → 4.50% → 4.35%
Azoic \| Feb 25, 2022 I joined Citi with a Costco-VISA card. An Accelerate followed, and then a checking account. Costco-VISA is necessary for using a credit card at Costco, otherwise cash is necessary. Accelerate Savings w... Read More Reviews (22)
Banesco Usa	4.25%	$300	Learn More
Rate History: 4.50% → 4.40% → 4.25% → 4.00% → 4.25%
Dkplan \| Dec 27, 2022 They gave a hard time with their cashier's check. They returned my deposited check that was emitted by them. Could you believe? Read More Reviews (8)
North American Savings Bank	4.10%	$10,000	Learn More
Rate History: 4.90% → 4.75% → 4.55% → 4.20% → 4.10%
A Terkowitz \| Feb 15, 2024 I have always had great experiences with short-term CDs from this bank. No delays. Read More Reviews (3)
Banesco Usa	4.00%	$300	Learn More
Rate History: 1.35% → 5.25% → 4.75% → 4.50% → 4.00%
Dkplan \| Dec 27, 2022 They gave a hard time with their cashier's check. They returned my deposited check that was emitted by them. Could you believe? Read More Reviews (8)
Citizens Bank, National Association	3.70%	$0	Learn More
Rate History: 4.50% → 4.15% → 3.90% → 3.70%
Dana E. \| Mar 20, 2016 Good solid bank. Read More Reviews (2)
Td Bank, National Association	3.70% 2.25%	$100,000 $50,000	Learn More
Rate History: 4.00% → 3.70%
Turonemckinney17@gmail.com \| May 19, 2018 Experience Read More Reviews (1)
Truist Bank Branch Banking And Trust Company	3.66% 0.01%	$0 $1	Learn More
Rate History: 4.00% → 3.65% → 3.66%
Customer \| Jul 28, 2022 Not at all happy with Truist compared to BB+T. New transaction policy makes them painfully slow. Paying .01 % interest on money market accounts, 13 week T Bill's are around $2.5%.I hope that they are enj... Read More Reviews (6)
Capital One, National Association	3.60%	$1	Learn More
Rate History: 4.10% → 4.00% → 3.90% → 3.80% → 3.60%
highstream \| Jan 2, 2024 Like others, I've been with Capital One and its predecessor ING Direct since 2007. I've also been getting cheap bank rates on my savings account and didn't realize that there was something better, although... Read More Reviews (16)
Regions Bank University South Al Branch	3.50% 1.50%	$10,000 $0	Learn More Add Review
U.s. Bank National Association	3.50% 0.05%	$25,000 $1	Learn More
Rate History: 4.10% → 3.50%
Ugg \| Jun 12, 2023 US Bank reported me to dult Protective Services because my husband is 85 and I am63. He got sick and went into a nursing hime for 3 months. My husband always handled the financial affairs. I had to take ov... Read More Reviews (6)
Gateway First Bank	3.40%	$1,000	Learn More
JohnC \| Oct 11, 2020 You probably thought - as did I - that you were looking at a site that belongs to and was the responsibility of Gateway First. After all it includes their headings, selected financial statements, many pag... Read More Reviews (3)
Woodforest National Bank 8055 Oxford Alabama Walmart Branch	3.25% 2.25% 1.75% 1.25% 0.35%	$500,000 $250,000 $100,000 $1 $0	Learn More
Rate History: 4.00% → 3.75% → 3.50% → 3.25%
Jabbroadway42 \| Nov 17, 2020 Is notarie services available today at a woodforest on wilkinson blvd Read More Reviews (2)
Hancock Whitney Bank Schillinger Branch	3.00% 2.50%	$25,000 $0	Learn More
MLB \| Aug 29, 2019 Since Hancock Bank merged with Whitney Bank, it’s no longer the local bank it once was. Fees, gotcha gimmicks, underhanded surprises... It’s nothing more than another big, ugly, corporate bank looking ... Read More Reviews (1)
Citizens Bank, National Association	3.00% 2.75%	$250,000 $25,000	Learn More
Rate History: 1.00% → 3.00%
Dana E. \| Mar 20, 2016 Good solid bank. Read More Reviews (2)
Bank Of Whittier, National Association	2.60%	$250	Learn More Add Review
Bank Independent Hartselle Branch	2.51%	$1	Learn More Add Review
Rate History: 3.01% → 2.01% → 2.51%
Capital One, National Association	2.50%	$1	Learn More
highstream \| Jan 2, 2024 Like others, I've been with Capital One and its predecessor ING Direct since 2007. I've also been getting cheap bank rates on my savings account and didn't realize that there was something better, although... Read More Reviews (16)
M.y. Safra Bank, Fsb	2.00%	$5,000	Learn More
Richard \| Jul 1, 2022 Very easy opening process and wonderful staff. Read More Reviews (6)
Valley National Bank Crestline Branch	1.65%	$10,000	Learn More
Rate History: 1.75% → 0.70% → 1.75% → 1.65%
SadSack \| Dec 2, 2022 No such limits as referred to by Jonathan. Perfectly Happy with service and keep adjusting the rate! Read More Reviews (2)
Gateway First Bank	1.50%	$10	Learn More
JohnC \| Oct 11, 2020 You probably thought - as did I - that you were looking at a site that belongs to and was the responsibility of Gateway First. After all it includes their headings, selected financial statements, many pag... Read More Reviews (3)
Usaa Federal Savings Bank	1.10% 0.01%	$500,000 $1	Learn More
Rate History: 1.50% → 1.45% → 1.10%
RYAN S \| Nov 28, 2022 While USAA was at one point a great option for all your banking needs, the service has deteriorated so much that I'm currently in the process of changing banks after more than 2 decades. The final straw w... Read More Reviews (2)
Wells Fargo Bank, National Association Roebuck Branch	1.01% 0.01%	$100,000 $1	Learn More
Rate History: 1.01% → 1.02% → 1.01%
Thy King \| Feb 6, 2023 after over 100k in transactions through this bank in the course of a year not only did i suffer from fraud but this bank closed my accounts and i have been lliable for all the losses and to top it off with... Read More Reviews (7)
Union State Bank Cedar Bluff Main Branch	1.00%	$20,000	Learn More Add Review
First Horizon Bank	1.00% 0.70%	$100,000 $50,000	Learn More
Rate History: 2.02% → 1.76% → 1.26% → 1.16% → 1.00%
D R Lineberger \| Dec 30, 2018 Garden14 Read More Reviews (1)
Bank Of Frankewing Hazel Green Branch	1.00% 0.90% 0.80% 0.70% 0.65% 0.25%	$250,000 $100,000 $50,000 $25,000 $10,000 $2,500	Learn More Add Review
Rate History: 0.60% → 1.00%
Southern Independent Bank Southern Independent Bank Branch	0.70%	$2,500	Learn More
Terrible on line account information. Doesn't work on the weekends and neither do they \| Jul 27, 2020 If you don't mind the web site for your account on the week ends being down. This is the bank for you. When you have a problem you have to wait one to two days for someone in charge to call you back after ... Read More Reviews (1)
First Jackson Bank, Inc. Bridgeport Branch	0.60%	$2,500	Learn More Add Review
Union State Bank Cedar Bluff Main Branch	0.50%	$0	Learn More Add Review
Southern Independent Bank Southern Independent Bank Branch	0.50%	$2,500	Learn More
Terrible on line account information. Doesn't work on the weekends and neither do they \| Jul 27, 2020 If you don't mind the web site for your account on the week ends being down. This is the bank for you. When you have a problem you have to wait one to two days for someone in charge to call you back after ... Read More Reviews (1)
The Farmers & Merchants Bank Florence Branch	0.50%	$2,500	Learn More Add Review
Brantley Bank And Trust Company Brantley Bank And Trust Company Branch	0.50%	$2,500	Learn More Add Review
The Citizens Bank The Citizens Bank Branch	0.50%	$25,000	Learn More Add Review
Valley National Bank Crestline Branch	0.40%	$10,000	Learn More
Rate History: 0.75% → 0.65% → 1.75% → 0.50% → 0.40%
SadSack \| Dec 2, 2022 No such limits as referred to by Jonathan. Perfectly Happy with service and keep adjusting the rate! Read More Reviews (2)
Woodforest National Bank 8055 Oxford Alabama Walmart Branch	0.40% 0.25%	$10,000 $0	Learn More
Rate History: 1.00% → 0.50% → 0.40%
Jabbroadway42 \| Nov 17, 2020 Is notarie services available today at a woodforest on wilkinson blvd Read More Reviews (2)
Servisfirst Bank Montgomery Main Branch	0.40%	$2,500	Learn More Add Review
Firststate Bank Firststate Bank Branch	0.35%	$1	Learn More Add Review
Peoplestrust Bank Hackleburg Branch	0.35%	$25,000	Learn More Add Review
Firstbank Firstbank Mortgage Partners Branch	0.35%	$10,000	Learn More Add Review
Liberty Bank And Trust Company Liberty Bank And Trust Company Branch	0.35%	$2,500	Learn More Add Review
Peoplestrust Bank Hackleburg Branch	0.34%	$2,500	Learn More Add Review
Auburnbank Notasulga Branch	0.31%	$25,000	Learn More Add Review
Citizens Bank & Trust, Inc. Sand Mountain Branch	0.30%	$2,500	Learn More Add Review
West Alabama Bank & Trust Gordo Branch	0.30%	$25,000	Learn More
Gavin Howard \| Mar 4, 2023 OMB controller currency CFPB mortgage loans originator regulation G 3170-0005 requested full disclosure Read More Reviews (1)
First Southern State Bank Leesburg Branch	0.30%	$25,000	Learn More Add Review
Peoplestrust Bank Hackleburg Branch	0.30%	$10,000	Learn More Add Review
Ccb Community Bank Ccb - Opp Branch	0.30%	$10,000	Learn More Add Review
The Hometown Bank Of Alabama Snead Branch	0.30%	$2,500	Learn More
OldCrone \| Mar 16, 2023 The branch manager is unavailable and doesnt care what goes on as long as he is not bothered. The tellers are rude and referr to customers who ask for help as " special needs customers". Read More Reviews (1)
Troy Bank & Trust Company Ariton Branch	0.26%	$25,000	Learn More Add Review
First Horizon Bank	0.25%	$2,500	Learn More
Rate History: 0.30% → 0.25%
D R Lineberger \| Dec 30, 2018 Garden14 Read More Reviews (1)
Farmers And Merchants Bank Oxford Branch	0.25%	$100	Learn More Add Review
Noblebank & Trust Alexandria Office Branch	0.25%	$15,000	Learn More
kdm0030 \| Jan 13, 2023 Disappointed! Wellsfargo is not great but better than Noble. Read More Reviews (1)
Keybank National Association	0.25%	$5,000	Learn More
Seeko \| Mar 28, 2023 On line banking gives a confirmation number when paying bills. But it doesn’t confirm that the bill will be paid only that they have the information. Ridiculous. Read More Reviews (2)
U.s. Bank National Association	0.25%	$25,000	Learn More
Rate History: 4.25% → 4.16% → 4.25% → 3.75% → 0.25%
Ugg \| Jun 12, 2023 US Bank reported me to dult Protective Services because my husband is 85 and I am63. He got sick and went into a nursing hime for 3 months. My husband always handled the financial affairs. I had to take ov... Read More Reviews (6)
Peoples Independent Bank Douglas Branch	0.25%	$2,500	Learn More
$Theta88008 \| Feb 9, 2024 Last week we called the People's Independent main branch to gain an understanding of the institution, a normal procedure for any family. We do not live in Boaz, AL, so we thought we could have our question... Read More Reviews (1)
Hnb First Bank 431 Branch	0.25%	$2,500	Learn More Add Review
First Citizens Bank Greenville Branch	0.25%	$2,500	Learn More Add Review
Peoples Exchange Bank Peoples Exchange Bank Branch	0.25%	$2,500	Learn More Add Review
The Farmers & Merchants Bank Florence Branch	0.25%	$2,500	Learn More Add Review
The Citizens Bank The Citizens Bank Branch	0.25%	$2,500	Learn More Add Review
Citizens Bank & Trust, Inc. Sand Mountain Branch	0.25%	$100	Learn More Add Review
First Federal Bank, A Fsb Tuscaloosa Branch	0.25%	$1,001	Learn More Add Review
Brantley Bank And Trust Company Brantley Bank And Trust Company Branch	0.25%	$2,500	Learn More Add Review
West Alabama Bank & Trust Gordo Branch	0.25%	$10,000	Learn More
Gavin Howard \| Mar 4, 2023 OMB controller currency CFPB mortgage loans originator regulation G 3170-0005 requested full disclosure Read More Reviews (1)
Commerceone Bank	0.25%	$2,500	Learn More Add Review
First State Bank Of Dekalb County Grant Branch	0.25%	$2,500	Learn More Add Review
Metro Bank Pell City Remote Branch	0.25%	$2,500	Learn More Add Review
Peoplestrust Bank Hackleburg Branch	0.25%	$2,500	Learn More Add Review
Ccb Community Bank Ccb - Opp Branch	0.25%	$2,500	Learn More Add Review
Midsouth Bank Ashford Branch	0.25%	$25,000	Learn More
Chadpatt \| Jun 14, 2021 I have banked with Midsouth for 4 years. I deposited a check that was for $6,000. I explained at the time of the deposit that I needed the mo ur available for my sons surgery that was in a few days. They t... Read More Reviews (1)
First Bank Of Boaz First Bank Of Boaz Branch	0.25%	$10,000	Learn More Add Review
Liberty Bank Liberty Bank Branch	0.22%	$2,500	Learn More Add Review
Auburnbank Notasulga Branch	0.21%	$2,500	Learn More Add Review
First National Bank In Frankfort	0.20%	$0	Learn More Add Review
First Community Bank Of Cullman First Community Bank Of Cullman Branch	0.20%	$2,500	Learn More Add Review
Oakworth Capital Bank Oakworth Capital Bank Branch	0.20%	$10,000	Learn More Add Review
Cb&s Bank, Inc. Hodges Branch	0.20%	$2,500	Learn More
Terry \| Jun 7, 2018 Fabulous bank Read More Reviews (1)
First Federal Bank, A Fsb Tuscaloosa Branch	0.20%	$1,001	Learn More Add Review
Auburnbank Notasulga Branch	0.20%	$1	Learn More Add Review
First Jackson Bank, Inc. Bridgeport Branch	0.20%	$2,500	Learn More Add Review
First Community Bank Of Central Alabama Holtville Road Branch	0.20%	$25,000	Learn More Add Review
Sweet Water State Bank Thomasville Branch	0.20%	$10,000	Learn More Add Review
West Alabama Bank & Trust Gordo Branch	0.20%	$2,000	Learn More
Gavin Howard \| Mar 4, 2023 OMB controller currency CFPB mortgage loans originator regulation G 3170-0005 requested full disclosure Read More Reviews (1)
The First National Bank Of Hartford The First National Bank Of Hartford Branch	0.20%	$2,500	Learn More Add Review
First Southern State Bank Leesburg Branch	0.20%	$2,500	Learn More Add Review
Peoplessouth Bank Headland Branch	0.20%	$25,000	Learn More Add Review
Investar Bank, National Association	0.20%	$25,000	Learn More Add Review
Citizens' Bank, Inc. Foley Branch	0.20%	$25,000	Learn More Add Review
Peoples Bank Of Alabama Gadsden Branch	0.20%	$25,000	Learn More Add Review
Midsouth Bank Ashford Branch	0.20%	$10,000	Learn More
Chadpatt \| Jun 14, 2021 I have banked with Midsouth for 4 years. I deposited a check that was for $6,000. I explained at the time of the deposit that I needed the mo ur available for my sons surgery that was in a few days. They t... Read More Reviews (1)
22nd State Bank First Exchange Bank - A Division Of Branch	0.20%	$2,500	Learn More Add Review
Servisfirst Bank Montgomery Main Branch	0.20%	$2,500	Learn More Add Review
First State Bank Of The South, Inc. Hamilton Branch	0.20%	$2,500	Learn More Add Review
First Bank Of Alabama Roanoke Branch	0.18%	$2,500	Learn More Add Review
Troy Bank & Trust Company Ariton Branch	0.16%	$10,000	Learn More Add Review
Pinnacle Bank 78 Highway East Branch	0.15%	$10,000	Learn More Add Review
Metro Bank Pell City Remote Branch	0.15%	$2,500	Learn More Add Review
First Citizens Bank Greenville Branch	0.15%	$2,500	Learn More Add Review
Liberty Bank And Trust Company Liberty Bank And Trust Company Branch	0.15%	$2,500	Learn More Add Review
Alamerica Bank Alamerica Bank Branch	0.15%	$2,500	Learn More Add Review
Investar Bank, National Association	0.15%	$2,500	Learn More Add Review
Midsouth Bank Ashford Branch	0.15%	$2,500	Learn More
Chadpatt \| Jun 14, 2021 I have banked with Midsouth for 4 years. I deposited a check that was for $6,000. I explained at the time of the deposit that I needed the mo ur available for my sons surgery that was in a few days. They t... Read More Reviews (1)
First Federal Bank, A Fsb Tuscaloosa Branch	0.15%	$1	Learn More Add Review
Millennial Bank Covenant Bank Branch	0.15%	$10,000	Learn More Add Review
Hnb First Bank 431 Branch	0.15%	$2,500	Learn More Add Review
Citizens Bank & Trust Rogersville Branch	0.15%	$2,500	Learn More Add Review
First Southern Bank St. Florian Branch	0.15%	$2,500	Learn More Add Review
The Samson Banking Company, Inc. The Samson Banking Company, Inc. Branch	0.15%	$2,500	Learn More Add Review
Community Bank And Trust - Alabama Community Bank And Trust - Alabama Branch	0.15%	$10,000	Learn More Add Review
Sweet Water State Bank Thomasville Branch	0.15%	$2,500	Learn More Add Review
Peoplessouth Bank Headland Branch	0.15%	$2,500	Learn More Add Review
Armed Forces Bank, National Association Rucker Branch	0.15%	$25,000	Learn More
BENNIE BROOKS \| Mar 25, 2015 OLIVER NORTH AIR LINES GOVERNOR BLANCO Read More Reviews (2)
Noblebank & Trust Alexandria Office Branch	0.15%	$25,000	Learn More
kdm0030 \| Jan 13, 2023 Disappointed! Wellsfargo is not great but better than Noble. Read More Reviews (1)
Southpoint Bank Trussville Branch	0.15%	$25,000	Learn More Add Review
Robertson Banking Company Thomaston Branch	0.15%	$2,500	Learn More Add Review
Peoples Bank Of Alabama Gadsden Branch	0.15%	$10,000	Learn More Add Review
Ccb Community Bank Ccb - Opp Branch	0.15%	$200	Learn More Add Review
First Cahawba Bank Downtown Office Branch	0.15%	$2,500	Learn More Add Review
Bryant Bank 280 Branch	0.15%	$25,000	Learn More Add Review
First Bank Of Alabama Roanoke Branch	0.13%	$10,000	Learn More Add Review
Southern States Bank Birmingham Branch	0.13%	$25,000	Learn More Add Review
Cullman Savings Bank 3201 Alabama Hwy 157 Branch	0.13%	$2,500	Learn More Add Review
The Southern Bank Company 390 West Main Street Branch	0.12%	$2,500	Learn More Add Review
Troy Bank & Trust Company Ariton Branch	0.11%	$2,500	Learn More Add Review
Smartbank Chatom Branch	0.10%	$1	Learn More Add Review
First National Bank Of Pulaski Athens Downtown Branch	0.10%	$2,500	Learn More
Tim, In Pulaski TN \| Aug 10, 2022 1st National Bank of Tennessee is not, in my opinion, a mobile friendly bank. Be aware that they do not have a 1-800 number on their cards. So, if it happens to be a weekend and you're out of town trying... Read More Reviews (1)
First Progressive Bank First Progressive Bank Branch	0.10%	$2,500	Learn More Add Review
First Fidelity Bank Main Street West Branch	0.10%	$2,500	Learn More Add Review
Millennial Bank Covenant Bank Branch	0.10%	$2,500	Learn More Add Review
Centennial Bank Foley Branch	0.10%	$2,500	Learn More
Asj \| Nov 15, 2020 Do they? Read More Reviews (1)
Pinnacle Bank 78 Highway East Branch	0.10%	$2,500	Learn More Add Review
Southpoint Bank Trussville Branch	0.10%	$2,500	Learn More Add Review
Peoples Exchange Bank Peoples Exchange Bank Branch	0.10%	$2,500	Learn More Add Review
Amerifirst Bank Peppertree Branch	0.10%	$10,000	Learn More Add Review
First Southern State Bank Leesburg Branch	0.10%	$2,500	Learn More Add Review
Merchants & Marine Bank Gulf Shores Branch	0.10%	$2,500	Learn More Add Review
First Bank Of Alabama Roanoke Branch	0.10%	$2,500	Learn More Add Review
Community Bank And Trust - Alabama Community Bank And Trust - Alabama Branch	0.10%	$2,500	Learn More Add Review
Central State Bank Limestone Office Branch	0.10%	$2,500	Learn More
Bob Kuehner \| Apr 23, 2020 If you're not with Central State Bank and you're in business... why the heck not? I've been with CSB since 2007. In that time they've provided top tier service and a down home feel. My most recent exper... Read More Reviews (1)
Peoples Bank Of Alabama Gadsden Branch	0.10%	$2,500	Learn More Add Review
Firstbank Firstbank Mortgage Partners Branch	0.10%	$25,000	Learn More Add Review
The Exchange Bank Of Alabama The Exchange Bank Of Alabama Branch	0.10%	$2,500	Learn More Add Review
Commerceone Bank	0.10%	$2,500	Learn More Add Review
Citizens' Bank, Inc. Foley Branch	0.10%	$10,000	Learn More Add Review
Noblebank & Trust Alexandria Office Branch	0.10%	$2,500	Learn More
kdm0030 \| Jan 13, 2023 Disappointed! Wellsfargo is not great but better than Noble. Read More Reviews (1)
Bankfirst Financial Services Tuscaloosa County Branch	0.10%	$25,000	Learn More Add Review
Citizens Trust Bank Eutaw Branch	0.10%	$2,500	Learn More Add Review
Robertson Banking Company Thomaston Branch	0.10%	$2,500	Learn More Add Review
Southern States Bank Birmingham Branch	0.10%	$2,500	Learn More Add Review
First Community Bank Of Central Alabama Holtville Road Branch	0.10%	$10,000	Learn More Add Review
The First National Bank And Trust Excel Branch Of First National Bank	0.10%	$2,500	Learn More Add Review
Ameris Bank Dothan Branch	0.10%	$25,000	Learn More
COLETTE B \| May 30, 2022 I HAVE TO AGREE WITH THE OTHER REVIEWERS. THIS BANK HAS THE WORST CUSTOMER SERVICE OF ALL TIME. I HAD NO CHOICE BUT TO GO HERE... IF THERE'S ANY WAY YOU CAN AVOID, IT IS HIGHLY RECOMMENDED. LET ME GIVE ... Read More Reviews (4)
Armed Forces Bank, National Association Rucker Branch	0.10%	$2,500	Learn More
BENNIE BROOKS \| Mar 25, 2015 OLIVER NORTH AIR LINES GOVERNOR BLANCO Read More Reviews (2)
The Commercial Bank Of Ozark South Dale Branch	0.10%	$2,500	Learn More Add Review
Synovus Bank Dothan Financial Center Branch	0.10%	$25,000	Learn More
deb \| Jun 11, 2015 Synovus no longer offers this rate as of 5/8/2015---I called and asked Read More Reviews (1)
Cb&s Bank, Inc. Hodges Branch	0.10%	$2,500	Learn More
Terry \| Jun 7, 2018 Fabulous bank Read More Reviews (1)
The First National Bank Of Hartford The First National Bank Of Hartford Branch	0.10%	$2,500	Learn More Add Review
First Cahawba Bank Downtown Office Branch	0.10%	$2,500	Learn More Add Review
Bank Of Brewton North Brewton Branch	0.10%	$2,500	Learn More Add Review
22nd State Bank First Exchange Bank - A Division Of Branch	0.10%	$2,500	Learn More Add Review
Oakworth Capital Bank Oakworth Capital Bank Branch	0.10%	$2,500	Learn More Add Review
Century Bank Mobile County Bank Branch	0.10%	$2,500	Learn More Add Review
The Samson Banking Company, Inc. The Samson Banking Company, Inc. Branch	0.10%	$2,500	Learn More Add Review
Bryant Bank 280 Branch	0.10%	$2,500	Learn More Add Review
Midsouth Bank Ashford Branch	0.10%	$2,500	Learn More
Chadpatt \| Jun 14, 2021 I have banked with Midsouth for 4 years. I deposited a check that was for $6,000. I explained at the time of the deposit that I needed the mo ur available for my sons surgery that was in a few days. They t... Read More Reviews (1)
First Bank Of Boaz First Bank Of Boaz Branch	0.10%	$2,500	Learn More Add Review
Southern States Bank Birmingham Branch	0.08%	$10,000	Learn More Add Review
The First, A National Banking Association Lemoyne Branch	0.08%	$10,000	Learn More Add Review
Merchants & Marine Bank Gulf Shores Branch	0.07%	$2,500	Learn More Add Review
The Southern Bank Company 390 West Main Street Branch	0.07%	$2,500	Learn More Add Review
Commonwealth National Bank 2861 Springhill Ave Branch	0.06%	$2,500	Learn More Add Review
Hancock Whitney Bank Schillinger Branch	0.05%	$2,499	Learn More
MLB \| Aug 29, 2019 Since Hancock Bank merged with Whitney Bank, it’s no longer the local bank it once was. Fees, gotcha gimmicks, underhanded surprises... It’s nothing more than another big, ugly, corporate bank looking ... Read More Reviews (1)
Valley National Bank Crestline Branch	0.05%	$100	Learn More
Rate History: 0.60% → 0.40% → 0.30% → 0.15% → 0.05%
SadSack \| Dec 2, 2022 No such limits as referred to by Jonathan. Perfectly Happy with service and keep adjusting the rate! Read More Reviews (2)
Bankplus	0.05%	$100	Learn More Add Review
Trustmark National Bank Hwy 72 E Branch	0.05%	$10,000	Learn More
trbf15 \| Nov 4, 2020 Transfer cds to checking. Trustmark Madison ok, Not, 6 figures deposit lost for 6 days they say due to scanner error. Then when we go to branch office mgr. all huffy tht error upset because of their mist... Read More Reviews (1)
South State Bank, National Association	0.05%	$100	Learn More
Justice \| Jul 22, 2021 This is a criminal lender and the worst bank. They merged with CenterState Bank.. They have made our lives miserable with a wrongful, fraudulent foreclosure. We will be starting a Website with all of the ... Read More Reviews (2)
Community Bank Of Mississippi Fairhope Branch	0.05%	$2,500	Learn More Add Review
Citizens Bank & Trust Rogersville Branch	0.05%	$2,500	Learn More Add Review
The First National Bank And Trust Excel Branch Of First National Bank	0.05%	$2,500	Learn More Add Review
First National Bank Of Pulaski Athens Downtown Branch	0.05%	$2,500	Learn More
Tim, In Pulaski TN \| Aug 10, 2022 1st National Bank of Tennessee is not, in my opinion, a mobile friendly bank. Be aware that they do not have a 1-800 number on their cards. So, if it happens to be a weekend and you're out of town trying... Read More Reviews (1)
Centennial Bank Foley Branch	0.05%	$2,500	Learn More
Asj \| Nov 15, 2020 Do they? Read More Reviews (1)
First Community Bank Of Central Alabama Holtville Road Branch	0.05%	$2,500	Learn More Add Review
West Alabama Bank & Trust Gordo Branch	0.05%	$250	Learn More
Gavin Howard \| Mar 4, 2023 OMB controller currency CFPB mortgage loans originator regulation G 3170-0005 requested full disclosure Read More Reviews (1)
Community Bank And Trust - Alabama Community Bank And Trust - Alabama Branch	0.05%	$2,500	Learn More Add Review
Bank Of Brewton North Brewton Branch	0.05%	$2,500	Learn More Add Review
Firstbank Firstbank Mortgage Partners Branch	0.05%	$2,500	Learn More Add Review
Investar Bank, National Association	0.05%	$2,500	Learn More Add Review
Ameris Bank Dothan Branch	0.05%	$2,500	Learn More
COLETTE B \| May 30, 2022 I HAVE TO AGREE WITH THE OTHER REVIEWERS. THIS BANK HAS THE WORST CUSTOMER SERVICE OF ALL TIME. I HAD NO CHOICE BUT TO GO HERE... IF THERE'S ANY WAY YOU CAN AVOID, IT IS HIGHLY RECOMMENDED. LET ME GIVE ... Read More Reviews (4)
Community Spirit Bank Vina Branch	0.05%	$2,500	Learn More Add Review
Bankfirst Financial Services Tuscaloosa County Branch	0.05%	$2,500	Learn More Add Review
Citizens Trust Bank Eutaw Branch	0.05%	$2,500	Learn More Add Review
Citizens' Bank, Inc. Foley Branch	0.05%	$2,000	Learn More Add Review
Southern States Bank Birmingham Branch	0.05%	$2,500	Learn More Add Review
Amerifirst Bank Peppertree Branch	0.05%	$2,500	Learn More Add Review
The Commercial Bank Of Ozark South Dale Branch	0.05%	$2,500	Learn More Add Review
Friend Bank Newton Office Branch	0.05%	$2,500	Learn More Add Review
The Citizens Bank The Citizens Bank Branch	0.05%	$2,500	Learn More Add Review
Commonwealth National Bank 2861 Springhill Ave Branch	0.05%	$2,500	Learn More Add Review
Armed Forces Bank, National Association Rucker Branch	0.05%	$2,500	Learn More
BENNIE BROOKS \| Mar 25, 2015 OLIVER NORTH AIR LINES GOVERNOR BLANCO Read More Reviews (2)
Bryant Bank 280 Branch	0.05%	$2,500	Learn More Add Review
Bank Of America, National Association	0.04%	$2,500	Learn More
Treasure \| Jul 24, 2023 BOFA is a den of people thieves camouflaged as bank operatives. There’s a soon to be uncovered carrel of money laundry there. They took all my money and don’t want to release it to me for no particular... Read More Reviews (11)
Trustmark National Bank Hwy 72 E Branch	0.03%	$2,500	Learn More
trbf15 \| Nov 4, 2020 Transfer cds to checking. Trustmark Madison ok, Not, 6 figures deposit lost for 6 days they say due to scanner error. Then when we go to branch office mgr. all huffy tht error upset because of their mist... Read More Reviews (1)
Renasant Bank Valley Branch	0.03%	$2,500	Learn More
rand \| Mar 25, 2019 CDs shown are not offered in Knoxville area Read More Reviews (1)
Pnc Bank, National Association Parkway East Branch	0.02%	$50,000	Learn More
Rate History: 1.00% → 0.05% → 0.02%
GAM \| May 18, 2019 Had checking and savings for years when living in Philly. Went into PNC 2.35 APY high yield savings. They have thus far maintained rate. Easy web site and great customer phone service. Still maintain check... Read More Reviews (1)
Jpmorgan Chase Bank, National Association	0.02%	$25,000	Learn More
Hayley7788d@outlook.com \| Jan 2, 2023 Terrible customer service by investment side. Fees too high , too full of themselves Read More Reviews (25)
Community Spirit Bank Vina Branch	0.02%	$100	Learn More Add Review
The First, A National Banking Association Lemoyne Branch	0.02%	$2,500	Learn More Add Review
Pnc Bank, National Association Parkway East Branch	0.01%	$2,500	Learn More
Rate History: 0.03% → 0.01%
GAM \| May 18, 2019 Had checking and savings for years when living in Philly. Went into PNC 2.35 APY high yield savings. They have thus far maintained rate. Easy web site and great customer phone service. Still maintain check... Read More Reviews (1)
Regions Bank University South Al Branch	0.01%	$0	Learn More Add Review
Keybank National Association	0.01%	$1	Learn More
Seeko \| Mar 28, 2023 On line banking gives a confirmation number when paying bills. But it doesn’t confirm that the bill will be paid only that they have the information. Ridiculous. Read More Reviews (2)
Synovus Bank Dothan Financial Center Branch	0.01%	$2,500	Learn More
deb \| Jun 11, 2015 Synovus no longer offers this rate as of 5/8/2015---I called and asked Read More Reviews (1)
Citizens' Bank, Inc. Foley Branch	0.01%	$50	Learn More Add Review

All rates listed are Annual Percentage Yield (APY). The APY rate in a savings account or money market account is a variable rate that is subject to change at any point. The Min listed is the minimum deposit account balance required to obtain the rate listed.

See rates for Credit Unions →

See rates for Online Banks →

Branches Info across Alabama

Branch	Street	City	State
First US Bank Tuscaloosa Branch	8710 Highway 69 S.	Tuscaloosa	AL
Truist Bank Branch Banking And Trust Company	990 South Eufaula Avenue	Eufaula	AL
Regions Bank University South Al Branch	1 S. University Boulevard	Mobile	AL
Woodforest National Bank 8055 Oxford Alabama Walmart Branch	92 Plaza Lane	Oxford	AL
Hancock Whitney Bank Schillinger Branch	7700 Airport Boulevard	Mobile	AL
Bank Independent Hartselle Branch	902 U.S. Highway 31, North	Hartselle	AL
Hancock Whitney Bank Schillinger Branch	7700 Airport Boulevard	Mobile	AL
Woodforest National Bank 8055 Oxford Alabama Walmart Branch	92 Plaza Lane	Oxford	AL
Woodforest National Bank 8055 Oxford Alabama Walmart Branch	92 Plaza Lane	Oxford	AL
Valley National Bank Crestline Branch	92 Euclid Avenue	Birmingham	AL
Regions Bank University South Al Branch	1 S. University Boulevard	Mobile	AL
Woodforest National Bank 8055 Oxford Alabama Walmart Branch	92 Plaza Lane	Oxford	AL
Wells Fargo Bank, National Association Roebuck Branch	9300 Parkway East	Birmingham	AL
Union State Bank Cedar Bluff Main Branch	3460 Old Highway 9	Cedar Bluff	AL
Bank of Frankewing Hazel Green Branch	14226 US 231/431 N	Hazel Green	AL
Bank of Frankewing Hazel Green Branch	14226 US 231/431 N	Hazel Green	AL
Bank of Frankewing Hazel Green Branch	14226 US 231/431 N	Hazel Green	AL
Southern Independent Bank Southern Independent Bank Branch	503 North Main Street	Opp	AL
Bank of Frankewing Hazel Green Branch	14226 US 231/431 N	Hazel Green	AL
Bank of Frankewing Hazel Green Branch	14226 US 231/431 N	Hazel Green	AL
First Jackson Bank, Inc. Bridgeport Branch	50550 Us Hwy 277	Bridgeport	AL
Union State Bank Cedar Bluff Main Branch	3460 Old Highway 9	Cedar Bluff	AL
Southern Independent Bank Southern Independent Bank Branch	503 North Main Street	Opp	AL
The Farmers & Merchants Bank Florence Branch	11345 State Highway 20	Florence	AL
Brantley Bank and Trust Company Brantley Bank And Trust Company Branch	9402 North Main Street	Brantley	AL
The Citizens Bank The Citizens Bank Branch	301 South Edwards Street	Enterprise	AL
Valley National Bank Crestline Branch	92 Euclid Avenue	Birmingham	AL
Woodforest National Bank 8055 Oxford Alabama Walmart Branch	92 Plaza Lane	Oxford	AL
ServisFirst Bank Montgomery Main Branch	One Commerce Street Ste 200	Montgomery	AL
Woodforest National Bank 8055 Oxford Alabama Walmart Branch	92 Plaza Lane	Oxford	AL
FirstState Bank Firststate Bank Branch	88730 Highway 9	Lineville	AL
PeoplesTrust Bank Hackleburg Branch	34888 U.S. Highway 43	Hackleburg	AL
FirstBank Firstbank Mortgage Partners Branch	117 Court Street	Florence	AL
Liberty Bank and Trust Company Liberty Bank And Trust Company Branch	660 Adams Avenue	Montgomery	AL
PeoplesTrust Bank Hackleburg Branch	34888 U.S. Highway 43	Hackleburg	AL
AuburnBank Notasulga Branch	950 Auburn Rd.	Notasulga	AL
Citizens Bank & Trust, Inc. Sand Mountain Branch	29316 Alabama Highway 71	Higdon	AL
West Alabama Bank & Trust Gordo Branch	245 Main Street South	Gordo	AL
First Southern State Bank Leesburg Branch	200 Industrial Boulevard	Leesburg	AL
PeoplesTrust Bank Hackleburg Branch	34888 U.S. Highway 43	Hackleburg	AL
CCB Community Bank Ccb - Opp Branch	609 Florala Highway	Opp	AL
The Hometown Bank of Alabama Snead Branch	87672 Us Highway 278	Snead	AL
Troy Bank & Trust Company Ariton Branch	6 Atlantic Street	Ariton	AL
Woodforest National Bank 8055 Oxford Alabama Walmart Branch	92 Plaza Lane	Oxford	AL
Farmers and Merchants Bank Oxford Branch	35 Ali Way	Oxford	AL
NobleBank & Trust Alexandria Office Branch	646 Valley Cub Dr.	Alexandria	AL
Bank of Frankewing Hazel Green Branch	14226 US 231/431 N	Hazel Green	AL
Peoples Independent Bank Douglas Branch	99 Alabama Highway 168	Horton	AL
HNB First Bank 431 Branch	Highway 431 And County Road 22	Headland	AL
First Citizens Bank Greenville Branch	475 Greenville Bypass	Greenville	AL
Peoples Exchange Bank Alabama Peoples Exchange Bank Branch	2013 Highway 21 Bypass	Monroeville	AL
The Farmers & Merchants Bank Florence Branch	11345 State Highway 20	Florence	AL
The Citizens Bank The Citizens Bank Branch	301 South Edwards Street	Enterprise	AL
Citizens Bank & Trust, Inc. Sand Mountain Branch	29316 Alabama Highway 71	Higdon	AL
First Federal Bank, A FSB Tuscaloosa Branch	5301 Hwy 69 South	Tuscaloosa	AL
Brantley Bank and Trust Company Brantley Bank And Trust Company Branch	9402 North Main Street	Brantley	AL
West Alabama Bank & Trust Gordo Branch	245 Main Street South	Gordo	AL
First State Bank of DeKalb County Grant Branch	4770 Main Street	Grant	AL
Metro Bank Pell City Remote Branch	Highway 231 North & Lewis Lake Rd	Pell City	AL
PeoplesTrust Bank Hackleburg Branch	34888 U.S. Highway 43	Hackleburg	AL
CCB Community Bank Ccb - Opp Branch	609 Florala Highway	Opp	AL
MidSouth Bank Ashford Branch	520 Broadway Street	Ashford	AL
First Bank of Boaz First Bank Of Boaz Branch	124 South Main Street	Boaz	AL
Liberty Bank Liberty Bank Branch	40956 Alabama Highway 75	Geraldine	AL
AuburnBank Notasulga Branch	950 Auburn Rd.	Notasulga	AL
First Community Bank of Cullman First Community Bank Of Cullman Branch	420 2nd Avenue, Sw	Cullman	AL
Oakworth Capital Bank Oakworth Capital Bank Branch	850 Shades Creek Parkway	Birmingham	AL
CB&S Bank, Inc. Hodges Branch	1481 Highway 172	Hodges	AL
First Federal Bank, A FSB Tuscaloosa Branch	5301 Hwy 69 South	Tuscaloosa	AL
AuburnBank Notasulga Branch	950 Auburn Rd.	Notasulga	AL
First Jackson Bank, Inc. Bridgeport Branch	50550 Us Hwy 277	Bridgeport	AL
First Community Bank of Central Alabama Holtville Road Branch	9788 Holtville Road	Wetumpka	AL
Sweet Water State Bank Thomasville Branch	33821 Highway 43	Thomasville	AL
West Alabama Bank & Trust Gordo Branch	245 Main Street South	Gordo	AL
The First National Bank of Hartford The First National Bank Of Hartford Branch	101 Third Avenue South	Hartford	AL
First Southern State Bank Leesburg Branch	200 Industrial Boulevard	Leesburg	AL
PeoplesSouth Bank Headland Branch	617 East Church Street	Headland	AL
Citizens' Bank, Inc. Foley Branch	251 East Orange Avenue	Foley	AL
Peoples Bank of Alabama Gadsden Branch	400 West Meighan Boulevard	Gadsden	AL
MidSouth Bank Ashford Branch	520 Broadway Street	Ashford	AL
22nd State Bank First Exchange Bank - A Division Of Branch	226 St. Joseph Avenue	Brewton	AL
ServisFirst Bank Montgomery Main Branch	One Commerce Street Ste 200	Montgomery	AL
First State Bank of the South, Inc. Hamilton Branch	240 Military Street South	Hamilton	AL
First Bank of Alabama Roanoke Branch	3500 Highway 431	Roanoke	AL
Troy Bank & Trust Company Ariton Branch	6 Atlantic Street	Ariton	AL
Pinnacle Bank 78 Highway East Branch	100 22nd Avenue	Jasper	AL
Metro Bank Pell City Remote Branch	Highway 231 North & Lewis Lake Rd	Pell City	AL
First Citizens Bank Greenville Branch	475 Greenville Bypass	Greenville	AL
Liberty Bank and Trust Company Liberty Bank And Trust Company Branch	660 Adams Avenue	Montgomery	AL
Alamerica Bank Alamerica Bank Branch	2170 Highland Avenue	Birmingham	AL
MidSouth Bank Ashford Branch	520 Broadway Street	Ashford	AL
First Federal Bank, A FSB Tuscaloosa Branch	5301 Hwy 69 South	Tuscaloosa	AL
Millennial Bank Covenant Bank Branch	7924 Parkway Drive	Leeds	AL
HNB First Bank 431 Branch	Highway 431 And County Road 22	Headland	AL
Citizens Bank & Trust Rogersville Branch	Market Square	Rogersville	AL
First Southern Bank St. Florian Branch	4350 County Road 47	Florence	AL
The Samson Banking Company, Inc. The Samson Banking Company, Inc. Branch	2 West Main Street	Samson	AL
Bank47 Community Bank And Trust - Alabama Branch	202 North Powell Street	Union Springs	AL
Sweet Water State Bank Thomasville Branch	33821 Highway 43	Thomasville	AL
PeoplesSouth Bank Headland Branch	617 East Church Street	Headland	AL
Armed Forces Bank, National Association Rucker Branch	Building 9207	Fort Rucker	AL
NobleBank & Trust Alexandria Office Branch	646 Valley Cub Dr.	Alexandria	AL
SouthPoint Bank Trussville Branch	7278 Gadsden Highway	Trussville	AL
Robertson Banking Company Thomaston Branch	6510 2nd Avenue	Thomaston	AL
Peoples Bank of Alabama Gadsden Branch	400 West Meighan Boulevard	Gadsden	AL
CCB Community Bank Ccb - Opp Branch	609 Florala Highway	Opp	AL
First Cahawba Bank Downtown Office Branch	801 Alabama Ave	Selma	AL
Bryant Bank 280 Branch	5319 U.S. Hwy 280	Birmingham	AL
First Bank of Alabama Roanoke Branch	3500 Highway 431	Roanoke	AL
Southern States Bank Birmingham Branch	7 Office Park Circle	Birmingham	AL
Cullman Savings Bank 3201 Alabama Hwy 157 Branch	3201 Alabama Highway 157	Cullman	AL
The Southern Bank Company 390 West Main Street Branch	390 West Main Street	Centre	AL
Troy Bank & Trust Company Ariton Branch	6 Atlantic Street	Ariton	AL
SmartBank Chatom Branch	16780 Jordan Street	Chatom	AL
First National Bank of Pulaski Athens Downtown Branch	321 South Jefferson Street	Athens	AL
First Progressive Bank First Progressive Bank Branch	St. Nichols Avenue And Sowell Street	Brewton	AL
First Fidelity Bank Main Street West Branch	960 Main Street, West	Rainsville	AL
Millennial Bank Covenant Bank Branch	7924 Parkway Drive	Leeds	AL
Centennial Bank Foley Branch	501 S Mckenzie Street	Foley	AL
Pinnacle Bank 78 Highway East Branch	100 22nd Avenue	Jasper	AL
SouthPoint Bank Trussville Branch	7278 Gadsden Highway	Trussville	AL
Peoples Exchange Bank Alabama Peoples Exchange Bank Branch	2013 Highway 21 Bypass	Monroeville	AL
AmeriFirst Bank Peppertree Branch	8165 Vaughn Road	Montgomery	AL
First Southern State Bank Leesburg Branch	200 Industrial Boulevard	Leesburg	AL
Merchants & Marine Bank Gulf Shores Branch	1820 South Gulf Shores Parkway	Gulf Shores	AL
First Bank of Alabama Roanoke Branch	3500 Highway 431	Roanoke	AL
Bank47 Community Bank And Trust - Alabama Branch	202 North Powell Street	Union Springs	AL
Central State Bank Limestone Office Branch	71 Limestone Parkway	Calera	AL
Peoples Bank of Alabama Gadsden Branch	400 West Meighan Boulevard	Gadsden	AL
FirstBank Firstbank Mortgage Partners Branch	117 Court Street	Florence	AL
The Exchange Bank of Alabama The Exchange Bank Of Alabama Branch	Sixth And Blount Streets	Altoona	AL
Citizens' Bank, Inc. Foley Branch	251 East Orange Avenue	Foley	AL
NobleBank & Trust Alexandria Office Branch	646 Valley Cub Dr.	Alexandria	AL
BankFirst Financial Services Tuscaloosa County Branch	2205-C 7th Street	Tuscaloosa	AL
Citizens Trust Bank Eutaw Branch	213 Main Street	Eutaw	AL
Robertson Banking Company Thomaston Branch	6510 2nd Avenue	Thomaston	AL
Southern States Bank Birmingham Branch	7 Office Park Circle	Birmingham	AL
First Community Bank of Central Alabama Holtville Road Branch	9788 Holtville Road	Wetumpka	AL
The First National Bank and Trust Excel Branch Of First National Bank	67 Highway 136 East	Excel	AL
Ameris Bank Dothan Branch	3299 Ross Clark Circle	Dothan	AL
Armed Forces Bank, National Association Rucker Branch	Building 9207	Fort Rucker	AL
The Commercial Bank Of Ozark South Dale Branch	Phillip J. Hamm Dr.	Midland City	AL
Synovus Bank Dothan Financial Center Branch	901 North Boll Weevil Cir	Enterprise	AL
CB&S Bank, Inc. Hodges Branch	1481 Highway 172	Hodges	AL
The First National Bank of Hartford The First National Bank Of Hartford Branch	101 Third Avenue South	Hartford	AL
First Cahawba Bank Downtown Office Branch	801 Alabama Ave	Selma	AL
Bank of Brewton North Brewton Branch	2329 Douglas Avenue	Brewton	AL
22nd State Bank First Exchange Bank - A Division Of Branch	226 St. Joseph Avenue	Brewton	AL
Oakworth Capital Bank Oakworth Capital Bank Branch	850 Shades Creek Parkway	Birmingham	AL
Century Bank Mobile County Bank Branch	Union Church Road And Highway 90	Grand Bay	AL
The Samson Banking Company, Inc. The Samson Banking Company, Inc. Branch	2 West Main Street	Samson	AL
Bryant Bank 280 Branch	5319 U.S. Hwy 280	Birmingham	AL
MidSouth Bank Ashford Branch	520 Broadway Street	Ashford	AL
First Bank of Boaz First Bank Of Boaz Branch	124 South Main Street	Boaz	AL
Southern States Bank Birmingham Branch	7 Office Park Circle	Birmingham	AL
The First Bank Lemoyne Branch	650 Lemoyne	Dauphin Island	AL
Merchants & Marine Bank Gulf Shores Branch	1820 South Gulf Shores Parkway	Gulf Shores	AL
The Southern Bank Company 390 West Main Street Branch	390 West Main Street	Centre	AL
Commonwealth National Bank 2861 Springhill Ave Branch	2861 Springhill Avenue	Mobile	AL
Hancock Whitney Bank Schillinger Branch	7700 Airport Boulevard	Mobile	AL
Valley National Bank Crestline Branch	92 Euclid Avenue	Birmingham	AL
Trustmark National Bank Hwy 72 E Branch	22236 Us Hwy 72	Athens	AL
Community Bank of Mississippi Fairhope Branch	813 Estella Street	Fairhope	AL
Citizens Bank & Trust Rogersville Branch	Market Square	Rogersville	AL
The First National Bank and Trust Excel Branch Of First National Bank	67 Highway 136 East	Excel	AL
First National Bank of Pulaski Athens Downtown Branch	321 South Jefferson Street	Athens	AL
Centennial Bank Foley Branch	501 S Mckenzie Street	Foley	AL
First Community Bank of Central Alabama Holtville Road Branch	9788 Holtville Road	Wetumpka	AL
West Alabama Bank & Trust Gordo Branch	245 Main Street South	Gordo	AL
Bank47 Community Bank And Trust - Alabama Branch	202 North Powell Street	Union Springs	AL
Bank of Brewton North Brewton Branch	2329 Douglas Avenue	Brewton	AL
FirstBank Firstbank Mortgage Partners Branch	117 Court Street	Florence	AL
Ameris Bank Dothan Branch	3299 Ross Clark Circle	Dothan	AL
Community Spirit Bank Vina Branch	7141 Highway 19	Vina	AL
BankFirst Financial Services Tuscaloosa County Branch	2205-C 7th Street	Tuscaloosa	AL
Citizens Trust Bank Eutaw Branch	213 Main Street	Eutaw	AL
Citizens' Bank, Inc. Foley Branch	251 East Orange Avenue	Foley	AL
Southern States Bank Birmingham Branch	7 Office Park Circle	Birmingham	AL
AmeriFirst Bank Peppertree Branch	8165 Vaughn Road	Montgomery	AL
The Commercial Bank Of Ozark South Dale Branch	Phillip J. Hamm Dr.	Midland City	AL
Friend Bank Newton Office Branch	465 S. College St	Newton	AL
The Citizens Bank The Citizens Bank Branch	301 South Edwards Street	Enterprise	AL
Commonwealth National Bank 2861 Springhill Ave Branch	2861 Springhill Avenue	Mobile	AL
Armed Forces Bank, National Association Rucker Branch	Building 9207	Fort Rucker	AL
Bryant Bank 280 Branch	5319 U.S. Hwy 280	Birmingham	AL
Trustmark National Bank Hwy 72 E Branch	22236 Us Hwy 72	Athens	AL
Renasant Bank Valley Branch	3216 20th Avenue	Valley	AL
PNC Bank, National Association Parkway East Branch	9648 Parkway East	Birmingham	AL
Community Spirit Bank Vina Branch	7141 Highway 19	Vina	AL
The First Bank Lemoyne Branch	650 Lemoyne	Dauphin Island	AL
Wells Fargo Bank, National Association Roebuck Branch	9300 Parkway East	Birmingham	AL
PNC Bank, National Association Parkway East Branch	9648 Parkway East	Birmingham	AL
Regions Bank University South Al Branch	1 S. University Boulevard	Mobile	AL
Truist Bank Branch Banking And Trust Company	990 South Eufaula Avenue	Eufaula	AL
Synovus Bank Dothan Financial Center Branch	901 North Boll Weevil Cir	Enterprise	AL
Citizens' Bank, Inc. Foley Branch	251 East Orange Avenue	Foley	AL

BestCashCow strives to maintain the most accurate rates. If you believe a rate is not accurate, please let us know.

ALABAMA SAVINGS ACCOUNT ENVIRONMENT

The savings rate environment on Alabama is largely influenced by national economic factors and market trends. The savings rate refers to the portion of income that individuals or households save, rather than spend. This rate can be influenced by various factors, including personal income levels, economic conditions, interest rates, and consumer confidence.

Historically, interest rates on savings accounts have varied based on prevailing economic conditions. When the economy is strong and interest rates are high, banks tend to offer more attractive returns on savings accounts. Conversely, during economic downturns or times of low-interest rates, banks may offer lower returns on savings accounts.

It is important to note that while savings rates in Alabama may not differ significantly from those in other states, savings rates can vary between banks. Therefore, it is recommended to research and compare the rates and terms offered by different banks before opening a savings account. Additionally, online banks or credit unions may offer higher savings rates compared to traditional brick-and-mortar banks.

FREQUENTLY ASKED QUESTIONS ABOUT LOCAL SAVINGS RATES

Why do savings rates vary so much?

Even though rates are at levels that are historically very low, there is competition for your money. Like any active marketplace, there are buyers and sellers of goods and services at different prices. Banks have different cost structures and they also have different needs for capital. This leads to different rates.

BestCashCow’s surveys show that online banks offer higher savings and CD rates because they have lower expenses from not having to maintain brick-and-mortar locations. Therefore, we strongly recommend that all depositors consider the rates at online banks as savings and money market accounts online can easy be set up to enable quick transfers to your favorite local bank.

What is the difference between a savings account and a money market account?

The differences between a savings account and a money market account are largely arcane. Some money market accounts offer more ways access deposits by issuing checks and debit cards, but prudent consumers will compare the two interchangeably, focusing primarily on rates and service among FDIC-insured banks (or NCUA-insured, for credit unions). Most savvy consumers who plan their expenses and financial needs ahead find the additional functionality offered by money markets to be of little value and will choose whichever account (savings or money market) has the higher rate.

What does annual percentage yield (APY) mean?

Savings rates are displayed in terms of APY to indicate the effective annual-interest return, including the compounding of interest, of the course of a single year. $100,000 deposited in a savings or CD account with a 1.20% APY will earn $1,200 in the course of the year, but monthly interest in the first few months may be less than $100 a month (this also depends on the number of days in the month). Hence, the APY rate is ordinarily a couple of basis points above the real interest rates. Unlike with a Certificate of Deposit, your actual APY in a savings may vary if the rate changes.

How do I choose the right savings account and should I consider CDs?

Begin your search with the table here on BestCashCow.com that you have found. In addition to checking online savings rates, you should also check local bank rates and local credit union rates. If you are unlikely to require access to your cash for some time, you may also consider certificates of deposit (CDs). While CDs have penalties for early withdrawal that may even eat into your principal, the rates on 2, 3, 4 and 5 year CDs are ordinarily significantly higher than savings rates. Several other sections and articles on BestCashCow can also help you to identify your proper cash allocation between savings and CDs. Access these below. You should also familiarize yourself with our Savings & CD Calculator in order to understand the importance of compounding interest at higher rates on your savings over time.

8 POINT CHECKLIST FOR A GREAT BANKING RELATIONSHIP WITH YOUR LOCAL BANK

Find a bank with a location convenient to you. Location counts.
Choose a bank with good rates. Rates are important to get continued growth of your capital.
Choose a bank with an extensive network of fee-free ATM machines or which reimburses out-of-network ATM fees, if you still need to regularly access cash.
Avoid fees. Choose a bank which doesn’t have service fees provided you maintain a certain balance, which doesn’t charge for ACH inbound and outbound transfers, and which has low fees for things like international wire transfers and bounced checks.
Choose a healthy bank. If you click on a bank above, you’ll be taken to the bank’s financial detail. A healthy bank has happy employees and provides loyal service to its customers. No matter how healthy your bank is, stay within FDIC insurance limits.
Find something of value to offset what may be slightly lower rates than online accounts offer. Develop personal relationship with your bankers. Personal relationships can help you to get appropriate financial advice, and to navigate financial challenges and needs in the future. (Be careful with the financial advice you receive. Inappropriate financial advice is worth a lot less than no financial advice.) They can also put you in touch with others in your community who could be valuable personally and professionally to know. If you don't use your local savings account as an opportunity to build these relationships, you may find that you are better of banking online.
Choose a bank that is going to let you access your cash when you need. The great benefit of savings accounts over any other financial product (including CDs) is that you have absolute liquidity. If your bank in creating impediments to accessing your cash (paperwork, fees, etc.), then you need another bank.
Be aware that you can have more than one account. Having a great local savings account at a large or small bank near you can be great, but it doesn't need to stop you from opening one or more online savings accounts, or even developing a relationship with another local bank or credit union.