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Woodford State Bank: Savings Accounts, Money Market & Rates

By Aviel Fahl

|

Updated: 8/19/2026

Mission: Banksparency aims to make Woodford State Bank's deposit accounts transparent and comparable to the market.

Interest rates reported as

Analysis of Woodford State Bank

Our verdict

Woodford State Bank offers Platinum Money Market, a money market account paying 2.53% APY with a $50,000 minimum deposit.

At 2.53% APY, Woodford State Bank pays 4x the national money market average of 0.63%.

Additional Accounts

  • Personal Money Market, a money market account at 1.26% APY.
  • a savings account at 0.10% APY.
  • Health Savings Account, a health savings account (HSA) at 0.10% APY.

Ideal User Profile

  • Best for: simple saving without extra requirements.

Important Considerations

Health Savings Account is a health savings account (HSA). Requires an eligible high-deductible health plan and is intended for qualified medical expenses.
No app ratings available for this bank.
iOS app rating is not available.
Android app rating is not available.

Deposit Accounts Overview

Health Savings Account

Savings
0.10% APY
: 0.05% - 0.10%
Min: $0.01 Branch Access
Rank #270 of 337 tracked.

Savings Account

Savings
0.10% APY
Min: $50 Branch Access
Rank #271 of 337 tracked.

Personal Money Market

Money Market
1.26% APY
: 0.40% - 1.26%
Min: $2,500 Branch Access

Platinum Money Market

Money Market
2.53% APY
: 0.10% - 2.53%
Min: $50,000 Branch Access

Market Reality Check

This institution offers rates below the top 10 savings and money market accounts we track. Those institutions all pay at least 4.01% APY.

See Top Rates
National Avg: 0.38% (FDIC, 8/1/2026).
Banksparency tracks live rates daily.

Bank Overview

Deposit Accounts: In-Depth View

Savings Accounts Offered by Woodford State Bank

Feature
Health Savings Account
Savings Account
APY
0.10%Range: 0.05% - 0.10%Verified: 8/19/2026
0.10%Verified: 8/19/2026
APY Trend
N/AN/A
Min. Deposit
$0.01$50
Min. Balance
$0.01$0.01
Monthly Fee
N/AN/A
Direct Deposit
None
None
Checking Bundle
NoNo
In-Branch Access
Yes Yes
Compounding
N/AN/A
FDIC Insured
Yes Yes
Eligibility
United StatesUnited States
Next Steps--

Interactive Tool

Calculate Savings for Woodford State Bank

All calculations are based on APY.

$
$
Frequency

Savings Breakdown

  • Interest Earned
    +$37.30(0.3%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $1,000

Projected Balance

$14,037.30

Effective APY
0.10%

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

Woodford State Bank Deposit Rates Over Time

No historical data available.

Compare with Woodford State Bank

Feature
Current View
Woodford State Bank
Empty Slot
Product-
APY
0.05% - 0.10%Verified: 8/19/2026
-
APY Trend
N/A
-
Min. Deposit$0.01N/A
Monthly FeeN/A-
Direct Deposit
No-
Checking Bundle
No-
In-Branch Access Yes-
Eligibility United States-
Compounding
N/A-
FDIC or NCUA Insured
Yes-
Next Steps--

Money Market Accounts Offered by Woodford State Bank

Feature
Platinum Money Market
Personal Money Market
APY
2.53%Range: 0.10% - 2.53%Verified: 8/19/2026
1.26%Range: 0.40% - 1.26%Verified: 8/19/2026
Min. Deposit
$50,000$2,500
Min. Balance
$0.01$0.01
Monthly Fee
N/AN/A
Direct Deposit
None
None
In-Branch Access
Yes Yes
Compounding
N/AN/A
FDIC Insured
Yes Yes
Eligibility
United StatesUnited States

Alternatives to Woodford State Bank

Banks with Higher/Similar Savings APY

For a top list of the highest savings rates, see all HYSA top rates

First Fed Bank

Spruce Money Market: 0.01% APY

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MySavings Account: 3.35% APY

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