Best Money Market Rates in Baldwyn, Mississippi - August 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
- Bank & Credit Union Health Safety Ratings
- Bank & Credit Union Star Ratings
- Finance Calculators
Current Baldwyn, Mississippi and the surrounding area money market deposit account rates include Baxter Credit UnionBaxter Credit UnionA5.0 ★Texas Ratio: 7.04%Real return: +0.70%APY minus 2.8% CPI (February 2026) Money Market Special at 3.50% APY, First National Bank of ClarksdaleFirst National Bank of ClarksdaleA5.0 ★Texas Ratio: 7.27%Real return: +0.45%APY minus 2.8% CPI (February 2026) Commercial Investment Money Market at 3.25% APY, Commercial Bank De Kalb, MSCommercial Bank De Kalb, MSA+5.0 ★Texas Ratio: 2.86%Real return: +0.45%APY minus 2.8% CPI (February 2026) Business Corporate Insured Money Markets (IMM) at 3.25% APY, Red River Employees Federal Credit UnionRed River Employees Federal Credit UnionA+5.0 ★Texas Ratio: 4.81%Real return: +0.45%APY minus 2.8% CPI (February 2026) Consumer and Business High Yield Money Market at 3.25% APY, and Keesler Federal Credit UnionKeesler Federal Credit UnionA+5.0 ★Texas Ratio: 3.87%Real return: +0.45%APY minus 2.8% CPI (February 2026) HIMMA Premier at 3.25% APY. Money market rates as of August 28, 2026 according to verified data from MonitorBankRates.
Baldwyn is a smaller community with no bank or credit union branches currently in our database. 146 institutions serving the Mississippi area are available to Baldwyn residents, with money market rates as high as 3.50% APY from Baxter Credit Union. Rates are continually updated — we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in Baldwyn, Mississippi and surrounding area. Last Updated and Verified: August 28, 2026
Compare the Best Money Market Rates Today in Baldwyn, Mississippi & the Surrounding Area
Intro rate APY 3.50%
$15,000+; Intro rate
Effective Date 08/13/2026
For the first 6 months.
New Deposits Only. For the first 6 months
Variable: Prime-3.75%
$100 minimum opening deposit
Requires $1000 minimum balance to open.
Monthly compounding. Rate may change after account is opened.
Monthly compounding. Rate may change after account is opened.
Monthly compounding. Rate may change after account is opened.
Requires $1000 minimum balance to open.
Monthly compounding. Rate may change after account is opened.
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.
Baldwyn, MS Money Market Rate Trends
Compare local Baldwyn, MS 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.
Mississippi high-yield MMA rates fell 0.012 points over the past 7 days to 3.046% APY.
Mississippi standard MMA rates rose 0.110 points over the past 7 days to 1.107% APY.
Baldwyn, Mississippi Money Market Rate Forecast — Next 12 Months
Money market rates move with Federal Reserve policy. Our model uses the current MS high-yield MMA average and a Fed funds spread to project the likely rate trajectory for 2026–2027.
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 MS 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 Baldwyn, Mississippi.
Money Market Account Earnings in Baldwyn, Mississippi
Annual interest earnings at current MS 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 (1.107% APY) | Monthly Earnings |
|---|---|---|---|---|
| $10,000 | $304.63 / year | $25.39 | $110.70 / year | $9.23 |
| $25,000 | $761.58 / year | $63.47 | $276.75 / year | $23.06 |
| $50,000 | $1,523.15 / year | $126.93 | $553.50 / year | $46.13 |
| $100,000 | $3,046.30 / year | $253.86 | $1,107.00 / year | $92.25 |
| 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: Baldwyn, Mississippi money market rate averages as of August 30, 2026. | ||||
Available in Baldwyn, Mississippi Area
About Our Baldwyn, Mississippi Money Market Rate Database
MonitorBankRates tracks money market rate offers from 31 banks and credit unions available to Baldwyn, Mississippi residents via statewide and national offers. No branch locations physically in Baldwyn are currently in our database, but all listed offers are open to Baldwyn 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: Baxter Credit Union offers a money market account at 3.50% APY. Use the rate table above to compare all current offers in Baldwyn, Mississippi.
How to Find the Best Money Market Rates in Baldwyn, Mississippi
What to compare when shopping for a money market account in Baldwyn, Mississippi
To find the best money market APYs in Baldwyn, Mississippi, start with credit unions and online-only banks — Baldwyn, Mississippi has 24 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 MS high-yield money market average is 3.046% — but top local institutions are offering as high as 3.50%, 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. Baldwyn, Mississippi 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 Baldwyn, Mississippi institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally — 31 institutions in Baldwyn, Mississippi report money market rates to our database.
- You’re among Baldwyn, Mississippi’s 18.8% 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 → Baldwyn, Mississippi CD rates
- You don’t need check writing and want a lower minimum → Baldwyn, Mississippi savings rates
- You need daily transaction access → Baldwyn, Mississippi checking rates
Baldwyn, Mississippi Financial Snapshot
Local demographics and economic context for savers — Source: U.S. Census Bureau
18.8% of residents are 65 or older, in line with the national average of 17.3%. At today’s MS high-yield money market average of 3.046%, saving 10% of the local median salary ($3,695/year) would earn an additional $113 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Money Market Accounts vs. Other Baldwyn, Mississippi Options
How money market deposit accounts compare to other deposit products available at banks and credit unions in Baldwyn, Mississippi.
| Feature | Money Market | High-Yield Savings | Standard Savings | CD (12-Month) |
|---|---|---|---|---|
| Current MS Avg APY | 3.046% | View Savings Rates | 1.107%(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 Baldwyn, Mississippi 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.
Baldwyn, Mississippi 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 Baldwyn, Mississippi 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 Baldwyn, Mississippi
At MS’s top money market rate of 3.50% from Baxter Credit Union, a $10,000 deposit earns $350 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Baldwyn, Mississippi earner is roughly $9,200. At 3.046% APY in a money market account, saving $770/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. Liquid Deposit AccountMississippi’s high-yield money market average is 3.046% 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 Baldwyn, Mississippi earner makes $36,959/year. Track your income vs. expenses to find your monthly surplus — then put it to work at 3.046% APY.
Retirement PlannerA $25,000 money market balance earning 3.046% APY grows to roughly $45,560 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 Baldwyn, Mississippi 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 Baldwyn, Mississippi 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 Baldwyn, Mississippi. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in MS.
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 Baldwyn, Mississippi
What is a Money Market Account (MMA)?
Are Money Market accounts in Baldwyn, Mississippi safe?
How often do MMA rates change in Baldwyn, Mississippi?
Can I write checks from a Money Market Account?
How much do I need to deposit to open a money market account in Baldwyn, Mississippi?
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 Baldwyn, Mississippi for money market accounts?
Best Money Market Rates in Baldwyn, Mississippi
- Baxter Credit Union
Money Market Special — 3.50% APY - First National Bank of Clarksdale
Commercial Investment Money Market — 3.25% APY - Commercial Bank De Kalb, MS
Business Corporate Insured Money Markets (IMM) — 3.25% APY - Red River Employees Federal Credit Union
Consumer and Business High Yield Money Market — 3.25% APY - Keesler Federal Credit Union
HIMMA Premier — 3.25% APY
Baldwyn, Mississippi Rates & Resources
