Honoraville, Alabama Money Market Rates - October 2026
Brian McKay
Brian McKay
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Honoraville, Alabama money market account rates from banks and credit unions serving Alabama range from 0.90% to 5.00% APY, verified by MonitorBankRates as of October 14, 2026. Current Honoraville, Alabama and the surrounding area money market deposit account rates include Max Credit UnionMax Credit UnionA+5.0 ★Texas Ratio: 2.18%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: 3.41%Real return: +0.85%APY minus 2.8% CPI (February 2026) New Business Money Market at 3.65% APY, Bank of FrankewingBank of FrankewingF2.7 ★Texas Ratio: 42.60%Real return: +0.76%APY minus 2.8% CPI (February 2026) Money Market at 3.56% APY, VirtualBankVirtualBankA+5.0 ★Texas Ratio: 5.76%Real return: +0.71%APY minus 2.8% CPI (February 2026) eMoney Market Special at 3.51% APY, and Mutual Savings Credit Union Hoover, ALMutual Savings Credit Union Hoover, ALA+5.0 ★Texas Ratio: 1.18%Real return: +0.70%APY minus 2.8% CPI (February 2026) Business Elite Money Market at 3.50% APY. Money market rates as of October 14, 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, so 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: October 14, 2026
Compare the Best Money Market Rates Today in Honoraville, Alabama & the Surrounding Area
Balance: up to $2,500; Dividend Frequency: Monthly; Minimum deposit of $50 required to open; Age restrictions apply
Balance: $2,500.01 - $5,000; Dividend Frequency: Monthly; Minimum deposit of $50 required to open; Age restrictions apply
Business Money Market special; available only for new Business Money Market accounts with funds not available at Avadian; $10,000 in New Money to open and obtain APY; Interest paid monthly; rate guaranteed for three months, then may adjust to the balance-tier rate
Balance: $50,000.00 - $99,999.99
Special rate for new accounts opened today; variable, based on account balances, subject to change daily without notice
Balance: $200,000.00 +
- Oct 9, 20263.50%▲ from 3.25%
- Sep 18, 20263.25%first recorded
Balance: $200,000.00 +
- Oct 9, 20263.50%▲ from 3.25%
- Sep 14, 20263.25%first recorded
Balance: $50,000 and over; 75th anniversary promo: current money market rate plus 0.75% with active direct deposit; limited time
- Oct 14, 20263.50%▲ from 2.75%
- Sep 14, 20262.75%first recorded
Balance: $50,000.01 to $100,000.00
- Sep 18, 20263.50%▲ from 0.25%
- Sep 14, 20260.25%first recorded
Balance: $2,500.00 - $9,999.99; $2,500 daily balance required; Paid: Monthly
- Oct 2, 20263.25%▲ from 3.00%
- Sep 18, 20263.00%first recorded
Introductory rate for the first 6 months; $0 - New Deposits Only; dividend paid at 3.25% APY or 3.20% interest rate; limit 6 pre-authorized withdrawals per month
Balance: $1,000,000 and over; Rate effective 10/1/26
- Oct 9, 20263.25%▲ from 3.04%
- Sep 14, 20263.04%first recorded
Balance: $500,000.00 or more
Balance: $15,000 - $49,999; 75th anniversary promo: current money market rate plus 0.75% with active direct deposit; limited time
- Oct 14, 20263.25%▲ from 2.50%
- Sep 14, 20262.50%first recorded
Balance: $10,000.00 & above; Variable: Prime-3.75%; Additional requirements apply.
Balance: $100,000 and over
Balance: $100,000+; Monthly Interest Credited
Balance: Over $250,000
Balance: $25,000.00 - $249,999.99
Balance: $0.00 - $2,499.00; Tier: First
Balance: $500,000 - $999,999.99; Rate effective 10/1/26
- Oct 9, 20263.00%▲ from 2.53%
- Sep 18, 20262.53%first recorded
Balance: $5,000.01 - $15,000; Dividend Frequency: Monthly; Minimum deposit of $50 required to open; Age restrictions apply
Balance: $250,000 - $499,999.99; Rate effective 10/1/26
- Oct 9, 20262.85%▲ from 2.53%
- Sep 18, 20262.53%first recorded
Balance: $250,000 - $499,999.99
Balance: $500,000 or greater; This account is part of the credit union's loyalty program.
Balance: $100,000 - $249,999
Balance: $100,000 - $249,999.99; Rate effective 10/1/26
- Oct 9, 20262.75%▲ from 2.53%
- Sep 18, 20262.53%first recorded
Balance: $50,000 and up
Balance: $50,000 - $99,999
Balance: $250,000 to $499,999.99; Paid: Monthly
Balance: $1,000,000 and above; Membership required
Balance: $500,000 and greater
Balance: $250,000 or more; Money Market Plus accounts are limited to six withdrawals per month; $10 fee per excessive withdrawal
Balance: $10,000.00 - $24,999.99
Balance: $100,000.00 to $249,999.99
Balance: $100,000.01 - $199,999.99
- Oct 9, 20262.50%▲ from 2.25%
- Sep 18, 20262.25%first recorded
Balance: $100,000.01 - $199,999.99
- Oct 9, 20262.50%▲ from 2.25%
- Sep 14, 20262.25%first recorded
Balance: $250,000.00 - $499,999.99
Balance: $25,000.00 - $49,999.99
- Oct 14, 20262.50%▼ from 2.75%
- Sep 18, 20262.75%first recorded
Balance: $15,000 - $49,999
Balance: $500,000 and above
Balance: $100,000 to $249,999.99; Paid: Monthly
Balance: $100,000-$499,999; Jumbo
- Oct 9, 20262.28%▲ from 2.12%
- Sep 18, 20262.12%first recorded
Balance: $25,000.00 - $49,999.99
Balance: $100,000 or $249,999.99; Money Market Plus accounts are limited to six withdrawals per month; $10 fee per excessive withdrawal
Balance: $500,000 and over; Dividend Frequency: Monthly
Balance: $10,000 - $99,999.99; Rate effective 10/1/26
- Oct 9, 20262.25%▲ from 2.02%
- Sep 18, 20262.02%first recorded
Balance: $500,000.00+; Compound Frequency: Monthly
Balance: $1,000 - $9,999; 75th anniversary promo: current money market rate plus 0.75% with active direct deposit; limited time
- Oct 14, 20262.25%▲ from 1.50%
- Sep 14, 20261.50%first recorded
Balance: $2,500.01 to $10,000.00
- Sep 18, 20262.25%▲ from 0.25%
- Sep 14, 20260.25%first recorded
Balance: $500,000 to $999,999.99; Membership required
Balance: $100,000+; Effective 10/1/2026
Balance: $300,000.00+
Balance: $100,000+; Dividends compounded daily and credited monthly; Two withdrawals allowed per calendar month; $15.00 fee per each additional withdrawal
Balance: $100,000.00 or more; $1,000 Minimum ADB to earn Dividends; variable rate account
Balance: $250,000 - $499,999; Dividend Frequency: Monthly
Balance: $2,500.00 - $9,999.99
Balance: $75,000.01 - $100,000.00
- Oct 9, 20262.00%▲ from 1.75%
- Sep 18, 20261.75%first recorded
Balance: $2,500 - $24,999.99
Balance: $1,000,000 and over; $15.00 monthly service charge if daily balance falls below $50,000
Balance: $30,000.00 - $74,999.99
Balance: $250,000 - $999,999; $15.00 monthly service charge if daily balance falls below $50,000
Balance: $250,000.00 and up
- Oct 12, 20261.00%▲ from 0.15%
- Sep 14, 20260.15%first recorded
Balance: $0 - $24,999.00
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.
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.
Alabama high-yield MMA rates rose 0.003 points over the past 7 days to 3.137% APY.
Alabama standard MMA rates rose 0.075 points over the past 7 days to 0.600% APY.
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 to 2027.
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 3.137% 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: the Federal Reserve holds the federal funds rate at its current level over the next 12 months, with the possibility of one 25 basis point increase; deposit rates at banks and credit unions track policy-rate changes within 60 to 90 days. High-yield money market rates tend to adjust faster than standard branch-based accounts.
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 (3.137% APY) | Monthly Earnings | Standard MMA (0.600% APY) | Monthly Earnings |
|---|---|---|---|---|
| $10,000 | $313.67 / year | $26.14 | $59.97 / year | $5.00 |
| $25,000 | $784.18 / year | $65.35 | $149.92 / year | $12.49 |
| $50,000 | $1,568.35 / year | $130.70 | $299.85 / year | $24.99 |
| $100,000 | $3,136.70 / year | $261.39 | $599.70 / year | $49.98 |
| 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 October 14, 2026. | ||||
Available in Honoraville, Alabama Area
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 to 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 with a minimum deposit of $50. 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 37 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 to $25,000, with lower rates (or monthly fees) below that threshold. The current AL high-yield money market average is 3.137% 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 3.137% 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…
- You want a locked-in, guaranteed return Honoraville, Alabama CD rates
- You don’t need check writing and want a lower minimum Honoraville, Alabama savings rates
- You need daily transaction access Honoraville, Alabama checking rates
Alabama Financial Snapshot
Local demographics and economic context for savers . Source: U.S. Census Bureau (state-level data shown; city data not available)
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 3.137%, saving 10% of the local median salary ($4,060/year) would earn an additional $127 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 | 3.137% | View Savings Rates | 0.600%(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 to $2,500 | $0 to $100 | $25 to $100 | $500 to $1,000 |
| Rate Risk | Variable, moves with Fed policy | Variable, moves with Fed policy | Variable, moves with Fed policy | 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 October 14, 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.
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.
Money Market & Savings Calculators for Honoraville, Alabama
At AL’s top money market rate of 5.00% from Max Credit Union, a $10,000 deposit earns $500 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Honoraville, Alabama earner is roughly $10,200. At 3.137% APY in a money market account, saving $850/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. Liquid Deposit AccountAlabama’s high-yield money market average is 3.137% APY, variable, always accessible, and often with check-writing. A local CD may offer a higher fixed yield in exchange for locking in your deposit. Compare both side-by-side to find the better fit for your timeline.
Budget CalculatorBefore you can grow your savings, you need to know how much you can set aside each month. The median Honoraville, Alabama earner makes $40,605/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 3.137% APY.
Retirement PlannerA $25,000 money market balance earning 3.137% APY grows to roughly $46,367 over 20 years with compounding. See how your current savings trajectory lines up with your retirement income needs.
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.
Frequently Asked Questions about Money Market Accounts in Honoraville, Alabama
What is a Money Market Account (MMA)?
Are Money Market accounts in Honoraville, Alabama safe?
How often do MMA rates change in Honoraville, Alabama?
Can I write checks from a Money Market Account?
How much do I need to deposit to open a money market account in Honoraville, Alabama?
Can I lose money in a Money Market Account?
What is the difference between a Money Market Account and a Money Market Fund?
Do I have to pay taxes on money market account interest?
Are online banks better than local banks in Honoraville, Alabama for money market accounts?
Best Money Market Rates in Honoraville, Alabama
- 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 - VirtualBank
eMoney Market Special: 3.51% APY - Mutual Savings Credit Union Hoover, AL
Business Elite Money Market: 3.50% APY
Honoraville, Alabama Rates & Resources
