St Petersburg, Florida Money Market Rates for November 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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St Petersburg, Florida money market account rates range from 1.10% to 4.26% APY, verified by MonitorBankRates as of November 12, 2026. Current St Petersburg, Florida and the surrounding area money market deposit account rates include Midflorida Credit UnionMidflorida Credit Union2646 4th St N, St Petersburg, FL 33704A+5.0 ★Texas Ratio: 3.18%Real return: +0.05%APY minus 3.7% CPIRate verified Nov 9, 2026 Business Money Market at 3.75% APY, Dfcu Financial Credit UnionDfcu Financial Credit Union300 1st Ave S, St Petersburg, FL 33701 4209A+5.0 ★Texas Ratio: 1.86%Real return: +0.00%APY minus 3.7% CPIRate verified Nov 8, 2026 Money Market at 3.70% APY, Suncoast Credit UnionSuncoast Credit Union1022 Central Ave, St Petersburg, FL 33705A5.0 ★Texas Ratio: 6.26%Real return: -0.20%APY minus 3.7% CPIRate verified Nov 9, 2026 Money Market Account at 3.50% APY, Achieva Credit UnionAchieva Credit Union5500 16th St N, St Petersburg, FL 33703A+5.0 ★Texas Ratio: 2.57%Real return: -0.70%APY minus 3.7% CPIRate verified Nov 8, 2026 Indexed Money Market Account at 3.00% APY, and Navy Federal Credit UnionNavy Federal Credit Union2172 Tyrone Blvd N, St Petersburg, FL 33710A5.0 ★Texas Ratio: 8.14%Real return: -1.55%APY minus 3.7% CPIRate verified Nov 11, 2026 Jumbo Money Market Savings Account (MMSA) at 2.15% APY. Money market rates as of November 12, 2026 according to verified data from MonitorBankRates.
St Petersburg has 7 local institutions in our database, with money market rates as high as 3.75% APY from Midflorida Credit Union at 2646 4th St N, St Petersburg, FL 33704. Use the table below to compare all available offers, including options from institutions serving the broader Florida area. Rates are continually updated, so we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in St Petersburg, Florida and surrounding area. Last Updated and Verified: November 12, 2026
Compare the Best Money Market Rates Today in St Petersburg, Florida & the Surrounding Area
Balance: $1,000,000.01 & over
- Oct 10, 20263.75%▲ from 3.50%
- Sep 14, 20263.50%first recorded
Balance: $1,000,000 and up
Balance: $1,000,000 and up; Note: $2,500 minimum deposit to open
Balance: $100,000.01 - $250,000.00
- Oct 10, 20263.50%▲ from 3.05%
- Sep 14, 20263.05%first recorded
Rate Type: Variable
Balance: $500,000 to $999,999
Balance: $500,000 to $999,999; Paid and compounded monthly
Balance: $10,000.01 - $100,000.00
- Oct 10, 20263.25%▲ from 2.75%
- Sep 14, 20262.75%first recorded
Balance: $250,000 to $499,999
Balance: $250,000 to $499,999
Balance: $250,000 minimum to earn dividends; Eligibility requirements apply. Please visit your local branch or call 800.593.2274 for complete details.
- Nov 3, 20263.00%▲ from 2.81%
- Sep 14, 20262.81%first recorded
Balance: $0.01 - $10,000.00
- Oct 10, 20263.00%▲ from 2.50%
- Sep 14, 20262.50%first recorded
Rate Type: Variable; Higher APY on Balances Up to $24,999
Rate Type: Variable
Balance: $100,000 to $249,999
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.
St Petersburg, FL Money Market Rate Trends
Compare local St Petersburg, FL 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.
Florida high-yield MMA rates rose 0.001 points over the past 7 days to 3.392% APY.
Florida standard MMA rates rose 0.013 points over the past 7 days to 0.659% APY.
St Petersburg, Florida Money Market Rate Forecast, Next 12 Months
Money market rates move with Federal Reserve policy. Our model uses the current FL 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 FL high-yield money market average of 3.392% 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 St Petersburg, Florida.
Money Market Account Earnings in St Petersburg, Florida
Annual interest earnings at current FL 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 (3.392% APY) | Monthly Earnings | Standard MMA (0.659% APY) | Monthly Earnings |
|---|---|---|---|---|
| $10,000 | $339.16 / year | $28.26 | $65.87 / year | $5.49 |
| $25,000 | $847.90 / year | $70.66 | $164.67 / year | $13.72 |
| $50,000 | $1,695.80 / year | $141.32 | $329.35 / year | $27.45 |
| $100,000 | $3,391.60 / year | $282.63 | $658.70 / year | $54.89 |
| 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: St Petersburg, Florida money market rate averages as of November 12, 2026. | ||||
About Our St Petersburg, Florida Money Market Rate Database
MonitorBankRates found 7 institutions with branches in St Petersburg, plus 41 additional state-chartered and national online institutions available to St Petersburg 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: Midflorida Credit Union offers a money market account at 3.75% APY with a minimum deposit of $10,000. Use the rate table above to compare all current offers in St Petersburg, Florida.
How to Find the Best Money Market Rates in St Petersburg, Florida
What to compare when shopping for a money market account in St Petersburg, Florida
To find the best money market APYs in St Petersburg, Florida, start with credit unions and online-only banks: St Petersburg, Florida has 28 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 FL high-yield money market average is 3.392% but top local institutions are offering as high as 3.75%, 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. St Petersburg, Florida high-yield money market rates currently average 3.392% 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 St Petersburg, Florida institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 48 institutions in St Petersburg, Florida report money market rates to our database.
- You’re among St Petersburg, Florida’s 21.3% of residents aged 65+ for whom liquid, accessible savings complement fixed-income holdings.
- 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 St Petersburg, Florida CD rates
- You don’t need check writing and want a lower minimum St Petersburg, Florida savings rates
- You need daily transaction access St Petersburg, Florida checking rates
Florida Financial Snapshot
Local demographics and economic context for savers . Source: U.S. Census Bureau (state-level data shown; city data not available)
21.3% of residents are 65 or older, above the national average of 17.3%, making liquid, accessible money market accounts a particularly relevant option in this market. At today’s FL high-yield money market average of 3.392%, saving 10% of the local median salary ($4,189/year) would earn an additional $142 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Money Market Accounts vs. Other St Petersburg, Florida Options
How money market deposit accounts compare to other deposit products available at banks and credit unions in St Petersburg, Florida.
| Feature | Money Market | High-Yield Savings | Standard Savings | CD (12-Month) |
|---|---|---|---|---|
| Current FL Avg APY | 3.392% | View Savings Rates | 0.659%(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 St Petersburg, Florida averages tracked in our database as of November 12, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
St Petersburg, Florida 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 St Petersburg, Florida 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 St Petersburg, Florida
At FL’s top money market rate of 3.75% from Midflorida Credit Union, a $10,000 deposit earns $375 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median St Petersburg, Florida earner is roughly $10,500. At 3.392% APY in a money market account, saving $870/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. Liquid Deposit AccountFlorida’s high-yield money market average is 3.392% 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 St Petersburg, Florida earner makes $41,891/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 3.392% APY.
Retirement PlannerA $25,000 money market balance earning 3.392% APY grows to roughly $48,713 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 St Petersburg, Florida 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 St Petersburg, Florida 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 St Petersburg, Florida. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in FL.
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 St Petersburg, Florida
What are money market account rates in St Petersburg, Florida today?
What is a Money Market Account (MMA)?
Are Money Market accounts in St Petersburg, Florida safe?
How often do MMA rates change in St Petersburg, Florida?
Can I write checks from a Money Market Account?
How much do I need to deposit to open a money market account in St Petersburg, Florida?
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 St Petersburg, Florida for money market accounts?
Best Money Market Rates in St Petersburg, Florida
- Midflorida Credit Union
Business Money Market: 3.75% APY - Dfcu Financial Credit Union
Money Market: 3.70% APY - Suncoast Credit Union
Money Market Account: 3.50% APY - Achieva Credit Union
Indexed Money Market Account: 3.00% APY - Navy Federal Credit Union
Jumbo Money Market Savings Account (MMSA): 2.15% APY
St Petersburg, Florida Rates & Resources
