Highest Savings Rates in Alabama
17 Alabama-specific accounts
The Alabama market
Alabama accounts
17
Institutions
15
Top Alabama APY
5.00% APY
Nationally: 5.00% APY
FDIC national average
0.37%
As of Sep 2026
17 savings accounts are open only to Alabama residents, from 15 institutions. The highest advertised APY among them is 5.00%.
The highest nationally available rate is 5.00% APY, the same as the Alabama leader.
7 of the 17 Alabama savings accounts advertise more than the FDIC national average of 0.37% for savings accounts as of Sep 2026.
Alabama-Specific Savings Accounts
These savings accounts are specifically available to Alabama residents.
| # | Institution & Rate | Earned in a year at $10,000 | Requirements & Features | Minimum Deposit | Actions |
|---|---|---|---|---|---|
| #1 | Show Details | +$500per year | Deposit Insurance FDIC InsuredFeatures Low MinimumsIn-Person Access | $50 | |
| #2 | Show Details | +$300per year | Deposit Insurance FDIC InsuredFeatures No MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® Supported | $0 | |
| #3 | Show Details | +$235per year | Deposit Insurance FDIC InsuredFeatures Low MinimumsIn-Person Access | $1,000 | |
| #4 | The Hardin County Bank Kasasa Saver 1.50%APY On balances up to $150,000 · no rate stated above No min. balance for APY Observed: Oct 7, 2026 Show Details | +$150per year | Deposit Insurance FDIC InsuredRequires Linked Account Features Low MinimumsIn-Person Access | $100 | |
| #5 | First Bank of Alabama Kasasa Saver 1.00%APY On balances up to $50,000 · no rate stated above Observed: Oct 7, 2026 Show Details | +$100per year | Deposit Insurance FDIC InsuredRequires Linked Account Features Low MinimumsIn-Person Access | $50 | |
| #6 | Century Bank Kasasa Saver 0.50%APY On balances up to $15,000 · no rate stated above No min. balance for APY Observed: Oct 7, 2026 Show Details | +$50per year | Deposit Insurance FDIC InsuredRequires Linked Account Features Low MinimumsIn-Person Access | $50 | |
| #7 | Show Details | +$50per year | Deposit Insurance FDIC InsuredFeatures Low MinimumsIn-Person Access | $10 | |
| #8 | Show Details | +$25per year | Deposit Insurance FDIC InsuredFeatures Low MinimumsIn-Person Access | $100 | |
| #9 | Show Details | +$25per year | Deposit Insurance FDIC InsuredFeatures Low MinimumsIn-Person Access | $50 | |
| #10 | Show Details | +$25per year | Deposit Insurance FDIC InsuredFeatures Low MinimumsIn-Person Access | $100 | |
| #11 | United Community Bank United Savings Up to0.15%APY Needs at least $2,500 No min. balance for APY Observed: Oct 7, 2026 Show Details | +$15per year | Deposit Insurance FDIC InsuredFeatures Low MinimumsIn-Person Access | $100 | |
| #12 | The Exchange Bank of Alabama Prime Account 0.10%APY On balances up to $34,999.99 · no rate stated above Observed: Oct 3, 2026 Show Details | +$10per year | Deposit Insurance FDIC InsuredRequires Mod. Minimum Features In-Person Access | $2,500 | |
| #13 | Show Details | +$5per year | Deposit Insurance FDIC InsuredFeatures Low MinimumsIn-Person Access | $100 | |
| #14 | Show Details | +$5per year | Deposit Insurance FDIC InsuredFeatures Low MinimumsIn-Person Access | $100 | |
| #15 | Show Details | +$5per year | Deposit Insurance FDIC InsuredFeatures Low MinimumsIn-Person Access | $50 | |
| #16 | Show Details | +$5per year | Deposit Insurance FDIC InsuredFeatures Low MinimumsIn-Person Access | $100 | |
| #17 | Show Details | +$3per year | Deposit Insurance FDIC InsuredFeatures Low MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® Supported | $25 |
United Bank
Emergency Fund Savings Account
What to Watch
The stated APY applies to balances up to $5,000. The part of the balance from $5,000 to $10,000 earns a lower rate, and the part above $10,000 earns a lower rate again. Each withdrawal over two in a month carries a $5 fee.
Show Fine Print & Trends Hide Details
| Min. Deposit | $50 |
| Min. Balance | N/A |
| Maintenance Fee | A $50.00 minimum daily balance is required to avoid a monthly service charge of $5.00. |
| Compound Freq | quarterly |
| Direct Deposit | Not required |
| Deposit Insurance | FDIC Insured(Cert: 58) |
| Eligibility | United States |
| Mobile Ratings | |
| BBB Rating |
Rate Stability
Citibank
Citi Accelerate Savings
What to Watch
Eligibility restricted to select states.
Show Fine Print & Trends Hide Details
| Min. Deposit | $0 |
| Min. Balance | $0.01 |
| Maintenance Fee | $4.50. Waived for average monthly balances > $500 |
| Compound Freq | Daily |
| Direct Deposit | Not required |
| Branches | U.S. branches are concentrated in six metropolitan areas, New York City, Chicago, Los Angeles, San Francisco, Washington, D.C., and Miami. |
| Deposit Insurance | FDIC Insured(Cert: 7213) |
| Eligibility | Alaska, Alabama, Arkansas, Arizona, Colorado, Delaware, Florida (select parts), Georgia, Hawaii, Iowa, Idaho, Illinois (select parts), Indiana, Kansas, Kentucky, Louisiana, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Mexico, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia (partial), Washington (partial), Wisconsin, West Virginia, Wyoming. |
| Zelle® | SupportedLimit: $2,500 /dayTiered limits based on account status (Citigold higher). |
| Mobile Ratings | |
| BBB Rating | D-(Not BBB Accredited) |
Rate Stability
Gateway First Bank
Gateway High Yield Savings
Show Fine Print & Trends Hide Details
| Min. Deposit | $1,000 |
| Min. Balance | N/A |
| Maintenance Fee | $0 |
| Compound Freq | quarterly |
| Direct Deposit | Not required |
| Deposit Insurance | FDIC Insured(Cert: 15118) |
| Eligibility | United States |
| Mobile Ratings | |
| BBB Rating |
Rate Stability
The Hardin County Bank
Kasasa Saver
On balances up to $150,000 · no rate stated above
What to Watch
Rate applies when the account's monthly qualifications are met. Otherwise the account pays a lower base rate. Requires a Kasasa Cash or Kasasa Cash Back checking account. The stated APY applies to balances up to $150,000. The portion of a balance above $150,000 earns a lower rate.
Show Fine Print & Trends Hide Details
| Min. Deposit | $100 |
| Min. Balance | $0 |
| Maintenance Fee | $0 |
| Compound Freq | N/A |
| Direct Deposit | Not required |
| Deposit Insurance | FDIC Insured(Cert: 20993) |
| Eligibility | United States |
| Mobile Ratings | |
| BBB Rating |
Rate Stability
First Bank of Alabama
Kasasa Saver
On balances up to $50,000 · no rate stated above
What to Watch
Requires a Kasasa Cash or Kasasa Cash Back checking account. Rate applies when the account's monthly qualifications are met. Otherwise the account pays a lower base rate. Balances above the capped tier earn a lower rate.
Show Fine Print & Trends Hide Details
| Min. Deposit | $50 |
| Min. Balance | N/A |
| Maintenance Fee | $0 |
| Compound Freq | N/A |
| Direct Deposit | Not required |
| Deposit Insurance | FDIC Insured(Cert: 2832) |
| Eligibility | United States |
| Mobile Ratings | |
| BBB Rating |
Rate Stability
Century Bank
Kasasa Saver
On balances up to $15,000 · no rate stated above
What to Watch
A linked Kasasa Cash or Kasasa Cash Back checking account is required. The top rate applies to balances up to $15,000 in a month when the linked checking account meets its qualifications: 12 debit card purchases, one ACH debit or credit, e-statements, and a monthly online banking login. The portion above $15,000 earns a lower rate, and a month without the qualifications earns the base rate.
Show Fine Print & Trends Hide Details
| Min. Deposit | $50 |
| Min. Balance | $0 |
| Maintenance Fee | $0 |
| Compound Freq | quarterly |
| Direct Deposit | Not required |
| Deposit Insurance | FDIC Insured(Cert: 11448) |
| Eligibility | United States |
| Mobile Ratings | |
| BBB Rating |
Rate Stability
Gateway First Bank
Personal Savings
Show Fine Print & Trends Hide Details
| Min. Deposit | $10 |
| Min. Balance | N/A |
| Maintenance Fee | $0 |
| Compound Freq | quarterly |
| Direct Deposit | Not required |
| Deposit Insurance | FDIC Insured(Cert: 15118) |
| Eligibility | United States |
| Mobile Ratings | |
| BBB Rating |
Rate Stability
Farmers and Merchants Bank
Priority Savings
What to Watch
Up to six withdrawals or transfers are allowed each quarter, not each month. Each one after that is charged a $5 service fee. The maintenance charge is waived when the account keeps a minimum daily balance of $50 or more.
Show Fine Print & Trends Hide Details
| Min. Deposit | $100 |
| Min. Balance | N/A |
| Maintenance Fee | $0 |
| Compound Freq | quarterly |
| Direct Deposit | Not required |
| Deposit Insurance | FDIC Insured(Cert: 1735) |
| Eligibility | United States |
| Mobile Ratings | |
| BBB Rating |
Rate Stability
First Horizon Bank
Traditional Savings
What to Watch
The service charge is billed each quarter, not each month. It is refunded when the account is linked to a FirstView checking account, or when the daily balance stays at or above the stated minimum.
Show Fine Print & Trends Hide Details
| Min. Deposit | $50 |
| Min. Balance | N/A |
| Maintenance Fee | $5 quarterly service charge if the daily balance falls below $250; refunded when linked to a FirstView checking account. |
| Compound Freq | daily |
| Direct Deposit | Not required |
| Deposit Insurance | FDIC Insured(Cert: 4977) |
| Eligibility | United States |
| Mobile Ratings | |
| BBB Rating |
Rate Stability
First Southern State Bank
Savings
Show Fine Print & Trends Hide Details
| Min. Deposit | $100 |
| Min. Balance | $0 |
| Maintenance Fee | $0 |
| Compound Freq | N/A |
| Direct Deposit | Not required |
| Deposit Insurance | FDIC Insured(Cert: 2829) |
| Eligibility | United States |
| Mobile Ratings | |
| BBB Rating |
Rate Stability
United Community Bank
United Savings
Needs at least $2,500
Show Fine Print & Trends Hide Details
| Min. Deposit | $100 |
| Min. Balance | $0 |
| Maintenance Fee | $0 |
| Compound Freq | N/A |
| Direct Deposit | Not required |
| Deposit Insurance | FDIC Insured(Cert: 16889) |
| Eligibility | United States |
| Mobile Ratings | |
| BBB Rating |
Rate Stability
The Exchange Bank of Alabama
Prime Account
On balances up to $34,999.99 · no rate stated above
What to Watch
Six debits per monthly statement cycle are free. Each additional debit costs $10. Transactions made in person are unlimited.
Show Fine Print & Trends Hide Details
| Min. Deposit | $2,500 |
| Min. Balance | N/A |
| Maintenance Fee | $0 |
| Compound Freq | monthly |
| Direct Deposit | Not required |
| Deposit Insurance | FDIC Insured(Cert: 54) |
| Eligibility | United States |
| Mobile Ratings | |
| BBB Rating |
Rate Stability
BankPlus
Personal Savings
What to Watch
Variable rate. The rate can change at any time.
Show Fine Print & Trends Hide Details
| Min. Deposit | $100 |
| Min. Balance | $100 |
| Maintenance Fee | $0 |
| Compound Freq | N/A |
| Direct Deposit | Not required |
| Deposit Insurance | FDIC Insured(Cert: 5903) |
| Eligibility | United States |
| Mobile Ratings | |
| BBB Rating |
Rate Stability
Citizens Trust Bank
Regular Savings
What to Watch
Three withdrawals are allowed each month. Each additional withdrawal costs $3.
Show Fine Print & Trends Hide Details
| Min. Deposit | $100 |
| Min. Balance | $100 |
| Maintenance Fee | $0 |
| Compound Freq | daily |
| Direct Deposit | Not required |
| Deposit Insurance | FDIC Insured(Cert: 8033) |
| Eligibility | United States |
| Mobile Ratings | |
| BBB Rating |
Rate Stability
The First National Bank and Trust
Statement Savings
What to Watch
A $5 maintenance fee applies for each cycle that the daily balance falls below $100. Withdrawals beyond 2 per month cost $3 each. A $25 fee applies if the account is closed within 60 days of opening.
Show Fine Print & Trends Hide Details
| Min. Deposit | $50 |
| Min. Balance | N/A |
| Maintenance Fee | $5 maintenance fee for each cycle that the daily balance falls below $100 |
| Compound Freq | monthly |
| Direct Deposit | Not required |
| Deposit Insurance | FDIC Insured(Cert: 2779) |
| Eligibility | United States |
| Mobile Ratings | |
| BBB Rating |
Rate Stability
United Bank
Regular Savings
Show Fine Print & Trends Hide Details
| Min. Deposit | $100 |
| Min. Balance | N/A |
| Maintenance Fee | $0 |
| Compound Freq | N/A |
| Direct Deposit | Not required |
| Deposit Insurance | FDIC Insured(Cert: 58) |
| Eligibility | United States |
| Mobile Ratings | |
| BBB Rating |
Rate Stability
PNC
Standard Savings
Needs at least $2,500
What to Watch
APY may improve with a linked PNC account. Terms and conditions apply.
Show Fine Print & Trends Hide Details
| Min. Deposit | $25 |
| Min. Balance | $1 |
| Maintenance Fee | $0 / $5 (see bank for details) |
| Compound Freq | Monthly |
| Direct Deposit | Not required |
| Branches | Multiple branches in AL, AZ, CA, CO, DE, DC, FL, GA, IL, IN, KS, KY, MD, MA, MI, MO, NJ, NM, NY, NC, OH, PA, SC, TN, TX, VA, WV, WI |
| Deposit Insurance | FDIC Insured(Cert: 6384) |
| Eligibility | United States |
| Zelle® | SupportedLimit: $2,000 /dayCentral to Virtual Wallet suite. |
| Mobile Ratings | |
| BBB Rating | A+(Not BBB Accredited) |
Rate Stability
Nationally Available Savings Accounts
The 8 highest-rate savings accounts available nationwide, including in Alabama.
| Institution | Product / Term | APY |
|---|---|---|
| Axos Bank | Axos ONE Savingsfirst $49,999.99 only · needs a linked account at the bank · promotional rate | Up to5.00% |
| GO2bank | High Yield Savingsfirst $5,000 only · needs a linked account at the bank | Up to4.50% |
| Elevault | High Yield Savings Account | 4.34% |
| Peak Bank | Envision High Yield Savingsup to $499,999.99 only | 4.27% |
| Betterment | Cash Reservepromotional rate | Up to4.25% |
| Neighbors Bank | Neighbors Savings Account | 4.25% |
| Pibank | Pibank Savings | 4.25% |
| EverBank | Performance Savings | 4.20% |