Mobile, Alabama Money Market Rates - October 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Mobile, Alabama money market account rates range from 0.05% to 3.65% APY, verified by MonitorBankRates as of October 14, 2026. Current Mobile, Alabama and the surrounding area money market deposit account rates include Avadian Credit UnionAvadian Credit Union809 Downtowner Blvd, Mobile, AL 36609A+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, Keesler Federal Credit UnionKeesler Federal Credit Union2540 Old Shell Rd Ste A, Mobile, AL 36607 3033A+5.0 ★Texas Ratio: 5.02%Real return: +0.45%APY minus 2.8% CPI (February 2026) HIMMA Premier at 3.25% APY, Southern Energy Credit UnionSouthern Energy Credit Union150 Saint Joseph St, Mobile, AL 36602 3915A+5.0 ★Texas Ratio: 0.41%Real return: +0.45%APY minus 2.8% CPI (February 2026) Money Market Account at 3.25% APY, NAVIGATORNAVIGATOR1950 Government St, Mobile, AL 36606 1634A+5.0 ★Texas Ratio: 1.33%Real return: +0.45%APY minus 2.8% CPI (February 2026) Prime Money Market at 3.25% APY, and Alabama Credit UnionAlabama Credit Union202 Addsco Rd, Mobile, AL 36602 8018A+5.0 ★Texas Ratio: 5.72%Real return: +0.23%APY minus 2.8% CPI (February 2026) Daily Money Market Account at 3.03% APY. Money market rates as of October 14, 2026 according to verified data from MonitorBankRates.
Mobile has 10 local institutions in our database, with money market rates as high as 3.65% APY from Avadian Credit Union at 809 Downtowner Blvd, Mobile, AL 36609. Use the table below to compare all available offers, including options from institutions serving the broader Alabama area. Rates are continually updated, so we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in Mobile, Alabama and surrounding area. Last Updated and Verified: October 14, 2026
Compare the Best Money Market Rates Today in Mobile, Alabama & the Surrounding Area
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
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: $10,000.00 & above; Variable: Prime-3.75%; Additional requirements apply.
Balance: $100,000+; Monthly Interest Credited
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: $250,000 - $499,999.99; Rate effective 10/1/26
- Oct 9, 20262.85%▲ from 2.53%
- Sep 18, 20262.53%first recorded
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: $500,000 and above
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: $100,000 - $499,999.99
Balance: $175,000 and over; Anticipated monthly rates beginning 10/01/2026
Balance: $10,000 - $99,999.99
Balance: $50,000 - $174,999.99; Anticipated monthly rates beginning 10/01/2026
Balance: $25,000 - $49,999.99; Anticipated monthly rates beginning 10/01/2026
Balance: $50,000 and Above; Minimum to Open and Earn APY: $1,000
Balance: $0.01 - $24,999.99; Anticipated monthly rates beginning 10/01/2026
Balance: $250,001 and above
Balance: $25,000.00-$49,999.99; Minimum to Open and Earn APY: $1,000
Balance: $25,001 - $250,000
Balance: $100,000
Balance: $10,000.00 - $24,999.99; Minimum to Open and Earn APY: $1,000
Balance: $100,000.00 and Above; Interest Paid: Monthly
Balance: $50,000 - $99,999
Balance: $50,000 - $99,999; Monthly Interest Credited
Balance: $100,000.01 & above
Balance: $50,000.00 - $99,999.99; Interest Paid: Monthly
Balance: $10,000 - $49,999
Balance: $25,000 - $49,999; Monthly Interest Credited
Balance: $50,000.01 - $100,000
Balance: $10,000 - $24,999; Monthly Interest Credited
Balance: $25,000 or less
Balance: $1,000.00 - $9,999.99; Minimum to Open and Earn APY: $1,000
Balance: $2,500 - $9,999
Balance: $2,500 - $9,999; Monthly Interest Credited
Balance: $25,000.00 - $49,999.99; Interest Paid: Monthly
Balance: $25,000.01 - $50,000
Balance: $100,000 and up
Balance: $10,000.00 - $24,999.99; Interest Paid: Monthly
Balance: $10,000.01 - $25,000
Balance: $100,000.00 and above; $2,500 minimum to open account and to earn dividends
Balance: $50,000 - $99,999
Balance: $2,500 - $10,000
Balance: $50,000.00 - $99,999.99; $2,500 minimum to open account and to earn dividends
Published rate range: 0.30% to 0.40%. Rate based on account balance; paid monthly; limited to six automatic transfers per month
Balance: $2,500.00 - $9,999.99; $2,500 minimum to open account and to earn dividends
Balance: $25,000 - $49,999
Balance: $2,500.00 - $9,999.99; Interest Paid: Monthly
Balance: $10,000 - $24,999
Balance: $0 - $9,999.99
daily balances up to $25,000
Balance: $50,000.00 - $99,999.99
Balance: $25,000.00 - $249,999.99
Balance: $10,000.00 - $24,999.99
Balance: $25,000.00 - $49,999.99
Balance: $2,500.00 - $9,999.99
Balance: $2,500 - $24,999.99
Balance: $250,000.00 and up
- Oct 12, 20261.00%▲ from 0.15%
- Sep 14, 20260.15%first recorded
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.
Mobile, AL Money Market Rate Trends
Compare local Mobile, 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.
Mobile, 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 Mobile, Alabama.
Money Market Account Earnings in Mobile, 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: Mobile, Alabama money market rate averages as of October 14, 2026. | ||||
About Our Mobile, Alabama Money Market Rate Database
MonitorBankRates found 10 institutions with branches in Mobile (1 bank, 9 credit unions), plus 28 additional state-chartered and national online institutions available to Mobile residents. 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: Avadian Credit Union offers a money market account at 3.65% APY. Use the rate table above to compare all current offers in Mobile, Alabama.
How to Find the Best Money Market Rates in Mobile, Alabama
What to compare when shopping for a money market account in Mobile, Alabama
To find the best money market APYs in Mobile, Alabama, start with credit unions and online-only banks: Mobile, Alabama has 34 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 3.65%, 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. Mobile, 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 Mobile, Alabama institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 38 institutions in Mobile, 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 Mobile, Alabama CD rates
- You don’t need check writing and want a lower minimum Mobile, Alabama savings rates
- You need daily transaction access Mobile, Alabama checking rates
Mobile, Alabama Financial Snapshot
Local demographics and economic context for savers . Source: U.S. Census Bureau
17.4% 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 ($3,564/year) would earn an additional $112 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Money Market Accounts vs. Other Mobile, Alabama Options
How money market deposit accounts compare to other deposit products available at banks and credit unions in Mobile, 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 Mobile, 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.
Mobile, 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 Mobile, 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 Mobile, Alabama
At AL’s top money market rate of 3.65% from Avadian Credit Union, a $10,000 deposit earns $365 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Mobile, Alabama earner is roughly $8,900. At 3.137% APY in a money market account, saving $740/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 Mobile, Alabama earner makes $35,648/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 Mobile, 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 Mobile, 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 Mobile, 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 Mobile, Alabama
What is a Money Market Account (MMA)?
Are Money Market accounts in Mobile, Alabama safe?
How often do MMA rates change in Mobile, Alabama?
Can I write checks from a Money Market Account?
How much do I need to deposit to open a money market account in Mobile, 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 Mobile, Alabama for money market accounts?
Best Money Market Rates in Mobile, Alabama
- Avadian Credit Union
New Business Money Market: 3.65% APY - Keesler Federal Credit Union
HIMMA Premier: 3.25% APY - Southern Energy Credit Union
Money Market Account: 3.25% APY - NAVIGATOR
Prime Money Market: 3.25% APY - Alabama Credit Union
Daily Money Market Account: 3.03% APY
Mobile, Alabama Rates & Resources
