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Alabama Money Market Rate Trends

Best Money Market Rates in Honoraville, Alabama - August 2026

Current Honoraville, Alabama and the surrounding area money market deposit account rates include Max Credit UnionMax Credit UnionA+5.0 ★Texas Ratio: 3.10%Real return: +2.20%APY minus 2.8% CPI (February 2026) Elevate Money Market Account - Reverse Money Market at 5.00% APY, Avadian Credit UnionAvadian Credit UnionA+5.0 ★Texas Ratio: 2.99%Real return: +0.85%APY minus 2.8% CPI (February 2026) New Business Money Market at 3.65% APY, Bank of FrankewingBank of FrankewingC-3.8 ★Texas Ratio: 30.02%Real return: +0.76%APY minus 2.8% CPI (February 2026) Money Market at 3.56% APY, Local Bank Red Level, ALLocal Bank Red Level, ALA+5.0 ★Texas Ratio: 1.31%Real return: +0.70%APY minus 2.8% CPI (February 2026) Money Market Accounts at 3.50% APY, and Winsouth Credit UnionWinsouth Credit UnionA+5.0 ★Texas Ratio: 2.45%Real return: +0.70%APY minus 2.8% CPI (February 2026) Money Market Special at 3.50% APY. Money market rates as of August 28, 2026 according to verified data from MonitorBankRates.

Honoraville is a smaller community with no bank or credit union branches currently in our database. 150 institutions serving the Alabama area are available to Honoraville residents, with money market rates as high as 5.00% APY from Max Credit Union. Rates are continually updated — we recommend checking back frequently.

Rates reflect recent market quotes and representative offers available to depositors in Honoraville, Alabama and surrounding area. Last Updated and Verified: August 28, 2026

Compare the Best Money Market Rates Today in Honoraville, Alabama & the Surrounding Area

Source: Verified Money Market Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Max Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.10%
Elevate Money Market Account - Reverse Money Market
5.00%
Rate
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Max Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.10%
Elevate Money Market Account - Reverse Money Market
4.00%
Rate
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Avadian Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.99%
New Business Money Market
3.65%
Rate
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Interest Paid: Monthly

Bank of Frankewing
Institution Rating:
C-3.8 ★ Texas Ratio: 30.02%
Money Market
3.56%
Rate3.50%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Interest rates and APYs are accurate as of 09/23/2025 and are subject to change without notice at any time, including after the account is opened.; Fees may reduce earnings.; Minimum Daily Balance: $2,500.00

Local Bank Red Level, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 1.31%
Money Market Accounts
3.50%
Rate3.46%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Winsouth Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.45%
Money Market Special
3.50%
$1,000
Rate
Min Deposit$1,000
Min Balance
UpdatedAug 28, 2026
Details

For a limited time, members who have an active direct deposit or bring their direct deposit to us will receive an additional 0.75% added to our current money market rates. This rate applies to balances of $50,000 +.

AOD Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.38%
About Money Market
3.50%
Rate3.44%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

AOD Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.38%
Money Market
3.50%
Rate3.44%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Keesler Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.87%
HIMMA Premier
3.25%
Rate3.20%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

For the first 6 months.

Keesler Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.87%
HIMMA Premier High Interest Money Market Account
3.25%
Rate3.20%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

New Deposits Only. For the first 6 months

Mutual Savings Credit Union Hoover, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 0.61%
Business Elite Money Market Account
3.25%
Rate
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Mutual Savings Credit Union Hoover, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 0.61%
Elite Money Market
3.25%
Rate
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Alabama Teachers Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.85%
Money Market Account
3.25%
$1,000
Rate3.19%
Min Deposit$1,000
Min Balance
UpdatedAug 28, 2026
Details

Winsouth Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.45%
Money Market Special
3.25%
$1,000
Rate
Min Deposit$1,000
Min Balance
UpdatedAug 28, 2026
Details

For a limited time, members who have an active direct deposit or bring their direct deposit to us will receive an additional 0.75% added to our current money market rates. This rate applies to balances from $15,000 - $49,999.

Riverfall Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.82%
Money Market
3.04%
Rate3.00%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Southern Energy Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.45%
Money Market Account
3.04%
Rate
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Weyco Community Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.26%
Daily Money Market Account
3.04%
Rate3.00%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Alabama Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 5.87%
Daily Money Market Account
3.03%
Rate3.00%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Local Bank Red Level, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 1.31%
Money Market Accounts
3.00%
Rate2.96%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Guardian Credit Union Montgomery, AL
Institution Rating:
A5.0 ★ Texas Ratio: 10.26%
Money Market
3.00%
Rate2.96%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

$2,500 to $9,999.99

Coosa Pines Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.45%
Money Market Share Account
3.00%
$2,500
Rate
Min Deposit$2,500
Min Balance
UpdatedAug 28, 2026
Details

First tier. Minimum balance required to earn the stated APY for each tier is shown in the table above. Withdrawals/transfers in excess of three (3) per month incur a $10.00 fee per transaction. Fees assessed to the account can reduce earnings.

Navigator Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.30%
Prime Money Market
3.00%
Rate2.96%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Variable: Prime-3.75%

Red Oak Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 5.86%
Money Market
3.00%
Rate3.25%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Max Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.10%
Elevate Money Market Account - Reverse Money Market
3.00%
Rate
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Family Savings Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.66%
Money Market
2.75%
Rate
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Family Savings Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.66%
Money Market Account
2.75%
Rate
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Earn up to 2.75% APY* on balances of $50,000 or more and pay no monthly service fees. Member accounts insured to $1,000,000**. Federally Insured by NCUA up to $250,000 and additionally insured up to $750,000 by ESI, a private insurance company. ***A Money Market Excessive withdrawal fee will be assessed if more than six withdrawals clear the account in a month.

Winsouth Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.45%
Money Market Special
2.75%
$1,000
Rate
Min Deposit$1,000
Min Balance
UpdatedAug 28, 2026
Details

For a limited time, members who have an active direct deposit or bring their direct deposit to us will receive an additional 0.75% added to our current money market rates. This rate applies to balances from $10,000 - $14,999.

First Bank Wadley, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 1.14%
Money Market
2.63%
Rate
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Brewton Mill Federal Credit Union
Institution Rating:
B4.5 ★ Texas Ratio: 21.36%
Money Market
2.63%
Rate
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Guardian Credit Union Montgomery, AL
Institution Rating:
A5.0 ★ Texas Ratio: 10.26%
Business Money Market+
2.55%
Rate2.52%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Redstone Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.90%
Money Market Share Account
2.53%
Rate2.50%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Southern Energy Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.45%
Money Market Account
2.53%
Rate
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

MTC Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.09%
Money Market Plus
2.52%
Rate2.50%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Local Bank Red Level, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 1.31%
Money Market Accounts
2.50%
Rate2.47%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Legacy Community Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.51%
Preferred Money Market
2.50%
Rate
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Navigator Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.30%
Commercial Money Market
2.50%
Rate2.47%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Alabama Teachers Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.85%
Money Market Account
2.50%
$1,000
Rate2.47%
Min Deposit$1,000
Min Balance
UpdatedAug 28, 2026
Details

Family Savings Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.66%
Money Market
2.50%
Rate
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Gulf Winds Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.64%
Business Money Market Accounts
2.50%
Rate2.47%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Guardian Credit Union Montgomery, AL
Institution Rating:
A5.0 ★ Texas Ratio: 10.26%
Business Money Market+
2.45%
Rate2.42%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Bank of Frankewing
Institution Rating:
C-3.8 ★ Texas Ratio: 30.02%
Money Market
2.27%
Rate2.25%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Interest rates and APYs are accurate as of 09/23/2025 and are subject to change without notice at any time, including after the account is opened.; Fees may reduce earnings.; Minimum Daily Balance: $2,500.00

MTC Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.09%
Money Market Plus
2.27%
Rate2.25%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Max Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.10%
Performance Money Market Account
2.27%
Rate
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Mutual Savings Credit Union Hoover, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 0.61%
Business Elite Money Market Account
2.25%
Rate
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Mutual Savings Credit Union Hoover, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 0.61%
Elite Money Market
2.25%
Rate
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Winsouth Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.45%
Money Market Special
2.25%
$1,000
Rate
Min Deposit$1,000
Min Balance
UpdatedAug 28, 2026
Details

For a limited time, members who have an active direct deposit or bring their direct deposit to us will receive an additional 0.75% added to our current money market rates. This rate applies to balances from $1,000 - $9,999.

AOD Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.38%
About Money Market
2.25%
Rate2.23%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

AOD Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.38%
Money Market
2.25%
Rate2.23%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Redstone Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.90%
Money Market Share Account
2.12%
Rate2.10%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Listerhill Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.40%
Money Market Account
2.10%
Rate2.08%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

This is a variable rate account. The dividend rate and APY may change after the account is opened. Money Market Account balances below $2,500 are subject to a low-balance fee. Fees could reduce earnings on the account. See account disclosures for complete terms and fee information. There is no limit on in-branch withdrawals or ATM withdrawals.

United Bank (AL)
Institution Rating:
A5.0 ★ Texas Ratio: 6.18%
Tiered Rate Money Market Account
2.02%
$15,000
Rate2.00%
Min Deposit$15,000
Min Balance
UpdatedAug 28, 2026
Details

Interest paid monthly to account balance at time statement rendered. APY effective as of 2/05/26. Interest rate may change after account is opened. Annual percentage yield subject to change. At our discretion, we may change the interest rate on the account as often as daily. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded quarterly and will be credited to the account quarterly. If the account is closed before interest is credited, you will not receive the accrued interest. Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. We will use an interest accrual basis of 365 (or 366 in leap year) for each day in the year. Limitations: Fees may reduce earnings on account.

Electrical Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.68%
Money Market
2.02%
Rate2.00%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Southern Energy Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.45%
Money Market Account
2.02%
Rate
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

eCO Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.34%
Money Market Magic
2.02%
Rate2.00%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Max Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.10%
Performance Money Market Account
2.02%
Rate
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Local Bank Red Level, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 1.31%
Money Market Accounts
2.00%
Rate1.98%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Gulf Coast Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.95%
Money Market Account
2.00%
Rate
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

for best yield

AlaTrust Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.02%
Money Market
2.00%
Rate
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Bank of Frankewing
Institution Rating:
C-3.8 ★ Texas Ratio: 30.02%
Money Market
1.76%
Rate1.75%
Min Deposit
Min Balance
UpdatedAug 28, 2026
Details

Interest rates and APYs are accurate as of 09/23/2025 and are subject to change without notice at any time, including after the account is opened.; Fees may reduce earnings.; Minimum Daily Balance: $2,500.00

United Bank (AL)
Institution Rating:
A5.0 ★ Texas Ratio: 6.18%
Tiered Rate Money Market Account
1.00%
$15,000
Rate1.00%
Min Deposit$15,000
Min Balance
UpdatedAug 28, 2026
Details

Interest paid monthly to account balance at time statement rendered. APY effective as of 2/05/26. Interest rate may change after account is opened. Annual percentage yield subject to change. At our discretion, we may change the interest rate on the account as often as daily. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded quarterly and will be credited to the account quarterly. If the account is closed before interest is credited, you will not receive the accrued interest. Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. We will use an interest accrual basis of 365 (or 366 in leap year) for each day in the year. Limitations: Fees may reduce earnings on account.

First Citizens Bank Luverne, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 4.30%
Money Market
1.00%
$2,500
Rate1.00%
Min Deposit$2,500
Min Balance
UpdatedAug 28, 2026
Details

Daily Balances of: $250,000.00 and up

Union State Bank Pell City, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 2.31%
High Performance Money Market Account
0.90%
$1,000
Rate0.90%
Min Deposit$1,000
Min Balance
UpdatedAug 28, 2026
Details

The account pays 40% of fed funds for balances over $25,000

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. Rates reflect recent market quotes and representative offers available to depositors in Honoraville, Alabama and the surrounding area.

Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.

Top Money Market Rates from Honoraville, Alabama Institutions

Highest verified APYs available today — updated August 28, 2026

B Top 5 Bank Rates
Bank of Frankewing
Money Market
C- 3.8 ★ TX: 30.02%
Min: —
3.56%
Local Bank Red Level, AL
Money Market Accounts
A+ 5.0 ★ TX: 1.31%
Min: —
3.50%
First Bank Wadley, AL
Money Market
A+ 5.0 ★ TX: 1.14%
Min: —
2.63%
United Bank (AL)
Tiered Rate Money Market Account
A 5.0 ★ TX: 6.18%
Min: $15,000
2.02%
First Citizens Bank Luverne, AL
Money Market
A+ 5.0 ★ TX: 4.30%
Min: $2,500
1.00%
CU Top 5 Credit Union Rates
Max Credit Union
Elevate Money Market Account - Reverse Money Market
A+ 5.0 ★ TX: 3.10%
Min: —
5.00%
Avadian Credit Union
New Business Money Market
A+ 5.0 ★ TX: 2.99%
Min: —
3.65%
Winsouth Credit Union
Money Market Special
A+ 5.0 ★ TX: 2.45%
Min: $1,000
3.50%
AOD Federal Credit Union
About Money Market
A+ 5.0 ★ TX: 1.38%
Min: —
3.50%
Keesler Federal Credit Union
HIMMA Premier
A+ 5.0 ★ TX: 3.87%
Min: —
3.25%
Rates verified August 28, 2026 — Click an institution name to view its full profile, safety ratings, and all money market products.

Honoraville, AL Money Market Rate Trends

Compare local Honoraville, AL money market quotes against the statewide average

Daily money market rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.

View Full Alabama MMA Trends →
High-Yield MMA — AL Avg
3.046%
▼ 0.012 vs 7 days ago

Alabama high-yield MMA rates fell 0.012 points over the past 7 days to 3.046% APY.

Standard MMA — AL Avg
0.745%
▲ 0.257 vs 7 days ago

Alabama standard MMA rates rose 0.257 points over the past 7 days to 0.745% APY.

As of Aug 30, 2026 • Rate data sourced from 8,500+ monitored institutions Powered by MonitorBankRates

Honoraville, Alabama Money Market Rate Forecast — Next 12 Months

Money market rates move with Federal Reserve policy. Our model uses the current AL high-yield MMA average and a Fed funds spread to project the likely rate trajectory for 2026–2027.

Current HY MMA Avg — AL
3.046%
As of Aug 30, 2026
6-Month Forecast
2.796%
~1 Fed cut assumed
12-Month Forecast
2.546%
Range: 2.296% – 3.146%

Money market account rates are variable and move in close correlation with the Federal Reserve’s federal funds rate target. Our 12-month forecast is derived from the current AL high-yield money market average of 3.046% APY and a Fed funds spread model calibrated to the historical relationship between policy rate changes and deposit rate adjustments at banks and credit unions.

Key assumptions: 1–2 Federal Reserve rate cuts of 25 basis points each over the next 12 months, based on current CME FedWatch consensus; money market institutions typically pass through 70–90% of rate cuts to deposit rates within 60–90 days. High-yield online money market rates tend to adjust faster than standard branch-based MMA rates, and jumbo-tier rates often adjust first.

Important notice: This forecast is for informational purposes only and should not be used as the sole basis for financial decisions. Rate forecasts carry significant uncertainty. The actual trajectory will depend on Federal Reserve decisions, economic conditions, and competitive dynamics among financial institutions in Honoraville, Alabama.

Money Market Account Earnings in Honoraville, Alabama

Annual interest earnings at current AL average APYs, based on the high-yield and standard money market averages tracked in our database. Balances reflect the higher minimums typical of money market accounts. Compounding assumed monthly.

Balance HY Money Market (3.046% APY) Monthly Earnings Standard MMA (0.745% APY) Monthly Earnings
$10,000 $304.63 / year $25.39 $74.51 / year $6.21
$25,000 $761.58 / year $63.47 $186.28 / year $15.52
$50,000 $1,523.15 / year $126.93 $372.55 / year $31.05
$100,000 $3,046.30 / year $253.86 $745.10 / year $62.09
Earnings estimates use daily compounding. Actual earnings depend on exact rate, compounding frequency, rate tier, and daily balance maintained. Rates are variable and subject to change. Source: Honoraville, Alabama money market rate averages as of August 30, 2026.
44
Institutions with Money Market Rates
Available in Honoraville, Alabama Area
6 Banks 38 Credit Unions

About Our Honoraville, Alabama Money Market Rate Database

MonitorBankRates tracks money market rate offers from 44 banks and credit unions available to Honoraville, Alabama residents via statewide and national offers. No branch locations physically in Honoraville are currently in our database, but all listed offers are open to Honoraville depositors. Our proprietary aggregation system pulls verified rate data directly from each institution’s official website — no estimates, no national averages passed off as real offers.

Every rate listed includes the institution’s Safety Grade (A+ to F), Star Rating (1–5), and Texas Ratio — objective financial health metrics calculated from FDIC and NCUA regulatory data — so you can compare yield and institutional safety in one place.

Current top rate: Max Credit Union offers a money market account at 5.00% APY. Use the rate table above to compare all current offers in Honoraville, Alabama.

How to Find the Best Money Market Rates in Honoraville, Alabama

What to compare when shopping for a money market account in Honoraville, Alabama

To find the best money market APYs in Honoraville, Alabama, start with credit unions and online-only banks — Honoraville, Alabama has 38 credit unions in our database, and they consistently offer some of the highest yields because they are member-owned nonprofits with lower overhead than traditional banks.

Always compare the APY (Annual Percentage Yield), not just the interest rate, and pay close attention to balance tiers — many money market accounts only pay their advertised top rate above a minimum balance of $1,000–$25,000, with lower rates (or monthly fees) below that threshold. The current AL high-yield money market average is 3.046% — but top local institutions are offering as high as 5.00%, so shopping around pays off.

Unlike a CD, money market rates are variable — your rate can change at any time with Federal Reserve policy. Also check check-writing and debit card limits: most MMAs allow a set number of withdrawals per month, and exceeding the limit can trigger fees. Review your account periodically to ensure your APY remains competitive.

When a Money Market Account Makes Sense

  • Emergency fund with flexibility: You get savings-level yields plus limited check-writing and debit access. Honoraville, Alabama high-yield money market rates currently average 3.046% APY — far above a typical checking account.
  • Larger balances ($10,000+): Many MMAs pay tiered rates that rise with your balance, so bigger deposits often earn more than they would in a standard savings account.
  • Parking cash between investments: A high-yield money market account at Honoraville, Alabama institutions keeps idle cash working harder while remaining fully accessible.
  • You prefer banking locally — 44 institutions in Honoraville, Alabama report money market rates to our database.
  • No rate lock-in risk: Unlike a CD, your rate moves up with the market if rates rise further.

Consider an Alternative If…

Alabama Financial Snapshot

Local demographics and economic context for savers — Source: U.S. Census Bureau (state-level data shown — city data not available)

Population 65+
17.8%
National avg: 17.3%
Median Individual Earnings
$40,605
National avg: $47,340
Poverty Rate
15.6%
National avg: 11.1%
Unemployment Rate
4.7%
National avg: 4.8%
MMA Earnings on 10% of Salary
$124/yr
At AL HY MMA avg 3.046% APY

17.8% of residents are 65 or older, in line with the national average of 17.3%. At today’s AL high-yield money market average of 3.046%, saving 10% of the local median salary ($4,060/year) would earn an additional $124 annually in interest.

Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.

Money Market Accounts vs. Other Honoraville, Alabama Options

How money market deposit accounts compare to other deposit products available at banks and credit unions in Honoraville, Alabama.

Feature Money Market High-Yield Savings Standard Savings CD (12-Month)
Current AL Avg APY 3.046% View Savings Rates 0.745%(Standard MMA) View CD Rates
Rate Type Variable Variable Variable Fixed for term
FDIC / NCUA Insured Up to $250K Up to $250K Up to $250K Up to $250K
Withdraw Anytime Yes Yes Yes Penalty applies
Check Writing Often yes No No No
Debit / ATM Card Often yes Some institutions Rarely No
Typical Min Deposit $0 – $2,500 $0 – $100 $25 – $100 $500 – $1,000
Rate Risk Rate may fall with Fed cuts Rate may fall with Fed cuts Rate may fall with Fed cuts None — locked for term
Best For Active savers wanting flexibility + check writing Emergency fund, short-term goals, parking cash Everyday saving, low-balance accounts Locking in a rate for a defined period

APY data reflects Honoraville, Alabama averages tracked in our database as of August 30, 2026. Rates are variable and may differ by institution. See individual product pages for full details.

Honoraville, Alabama Money Market Account Calculator

See how much a money market account can earn you. Enter your deposit, monthly contribution, and time frame — or click any current Honoraville, Alabama rate on the right to apply it instantly. Interest compounds monthly.

Interest Earned
$0
Total Contributions
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Ending Balance
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Assumes monthly compounding and a constant APY for the full period. Money market rates are variable and can change at any time, so actual earnings will differ. Estimates are for informational purposes only.

Current Honoraville, Alabama Money Market Rates

Verified August 28, 2026 — click a rate to use it
Rates shown are actual verified offers available in Honoraville, Alabama and statewide averages from our monitoring database. See the full rate table above for all offers.

Methodology & Data Sources

Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Honoraville, Alabama money market rate tables are free for consumers to use, and we do not receive payment from any financial institution to be included or to be ranked in any particular order. Listings are based solely on the rates each institution publicly advertises on its own website.

A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.

Direct-Sourced & Verified Money Market Rate Data: We aggregate money market deposit account rates for Honoraville, Alabama directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every money market rate displayed on MonitorBankRates.com is highly accurate and trustworthy.

Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in Honoraville, Alabama. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in AL.

Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update money market rates daily. Because MMA yields can fluctuate rapidly based on market conditions, every product listed features its own specific “last updated” date, giving you complete transparency.

Disclaimer: Interest rates are variable and subject to change without notice. Verify current offers directly with the institution’s official website. Last Updated and Verified: August 28, 2026

Frequently Asked Questions about Money Market Accounts in Honoraville, Alabama

What is a Money Market Account (MMA)?

A Money Market Account (MMA), formally known as a money market deposit account (MMDA), is a type of deposit account that often pays higher interest rates than standard savings accounts. They usually come with check-writing privileges and debit card access, offering a balance of growth and liquidity for savers in Alabama.

Are Money Market accounts in Honoraville, Alabama safe?

Yes, as long as the institution is FDIC insured (for banks) or NCUA insured (for credit unions). This provides federal protection for your deposits in Alabama up to $250,000 per depositor, per institution.

How often do MMA rates change in Honoraville, Alabama?

Money market rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Alabama rate tables daily to ensure you see the most current high-yield options.

Can I write checks from a Money Market Account?

Yes, most Money Market Accounts allow you to write a limited number of checks or make debit card transactions each month (typically up to 6), making them more flexible than a standard savings account.

How much do I need to deposit to open a money market account in Honoraville, Alabama?

Minimum deposit requirements vary widely. Some online money market deposit accounts can be opened with no minimum, while many banks and credit unions in Honoraville, Alabama require an initial deposit of $1,000 to $2,500 to earn the highest advertised APY. Larger deposits often unlock higher rate tiers, and FDIC or NCUA insurance protects deposits up to $250,000 per depositor, per institution.

Can I lose money in a Money Market Account?

No. You cannot lose your principal in a money market deposit account as long as the bank is FDIC insured or the credit union is NCUA insured, up to $250,000 per depositor. This makes MMAs different from money market mutual funds, which are investments and are not federally insured.

What is the difference between a Money Market Account and a Money Market Fund?

A Money Market Account (MMA) is a federally insured bank or credit union deposit account. A money market fund is a mutual fund investment offered by brokerages that is not FDIC or NCUA insured and can, in rare cases, lose value. The rates on this page are for insured money market deposit accounts.

Do I have to pay taxes on money market account interest?

Yes. Interest earned on money market deposit accounts is taxable income in the U.S. You will typically receive a Form 1099-INT if you earn more than $10 in interest annually.

Are online banks better than local banks in Honoraville, Alabama for money market accounts?

Online banks often offer higher money market APYs because they have lower overhead costs. However, local banks and credit unions in Honoraville, Alabama offer in-person service and may waive minimum balance requirements for existing customers, which some savers prefer.

Best Money Market Rates in Honoraville, Alabama

Here are some of the highest money market account APYs currently available in Honoraville, Alabama and the surrounding area:
  • Max Credit Union
    Elevate Money Market Account - Reverse Money Market — 5.00% APY
  • Avadian Credit Union
    New Business Money Market — 3.65% APY
  • Bank of Frankewing
    Money Market — 3.56% APY
  • Local Bank Red Level, AL
    Money Market Accounts — 3.50% APY
  • Winsouth Credit Union
    Money Market Special — 3.50% APY
Money Market Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Honoraville, Alabama. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: August 28, 2026

Honoraville, Alabama Rates & Resources