Texas Money Market Rates - October 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Texas money market account rates range from 2.75% to 4.00% APY, verified by MonitorBankRates as of October 15, 2026. Current Texas money market deposit account rates include Frost BankFrost Bank2201 Market St, Galveston, TX 77550A+5.0 ★Texas Ratio: 2.51%Real return: +1.20%APY minus 2.8% CPI (February 2026) Personal Money Market Account at 4.00% APY, Chartway Credit UnionChartway Credit Union9441 FM 1960 Bypass Rd W Ste 100, Humble, TX 77338 4090A5.0 ★Texas Ratio: 10.30%Real return: +1.20%APY minus 2.8% CPI (February 2026) Money Market Plus at 4.00% APY, Sunflower BankSunflower Bank200 W Morgan, Meridian, TX 76665A5.0 ★Texas Ratio: 10.77%Real return: +1.05%APY minus 2.8% CPI (February 2026) Velocity Money Market at 3.85% APY, American Bank, N.A. Dallas, TXAmerican Bank, N.A. Dallas, TX2707 W Northwest Hwy, Dallas, TX 75220A+5.0 ★Texas Ratio: 2.01%Real return: +1.00%APY minus 2.8% CPI (February 2026) Premier Money Market Account Promo at 3.80% APY, and State Bank of TexasState Bank of Texas517 W I 30, Garland, TX 75043A5.0 ★Texas Ratio: 12.15%Real return: +0.96%APY minus 2.8% CPI (February 2026) High-Rate Jumbo Money Market at 3.76% APY. Money market rates as of October 15, 2026 according to verified data from MonitorBankRates.
Use the tables below to compare money market rates across Texas side-by-side. Texas money market rates currently reach as high as 4.00% APY from Frost Bank at 2201 Market St, Galveston, TX 77550. Rates are continually updated, so we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in Texas and surrounding area. Last Updated and Verified: October 15, 2026
Compare the Best Money Market Rates Today in Texas
Balance: $500,000.00 and over; $500,000+
- Oct 14, 20264.00%▲ from 3.80%
- Sep 24, 20263.80%first recorded
Balance: $1,000,000 and over; Includes 0.25% APY Relationship Bonus (requires personal or business checking and $10,000 ADB in Money Market Plus)
Balance: $24,999.01 & Above
Promo
Annual Percentage Yield accurate as of posting date (12-29-25) and applies to new money deposits only; $100,000.00 minimum balance required to earn stated rate; monthly service charge of $20 if average daily balance below $25,000; fees and/or withdrawals could reduce earnings
Balance: $100,000 and up; $5,000 minimum to open an account; Interest rates are variable and determined daily by One World Bank's discretion
Balance: $3,000,000.00 and above
- Oct 12, 20263.75%▲ from 2.90%
- Sep 14, 20262.90%first recorded
Balance: $3,000,000.00 and above
- Oct 12, 20263.75%▼ from 3.90%
- Sep 14, 20263.90%first recorded
Balance: $500,000 - $999,999; Includes 0.25% APY Relationship Bonus (requires personal or business checking and $10,000 ADB in Money Market Plus)
Balance: $100,000 & above; New money only; Minimum opening new money deposit is $100,000
- Oct 9, 20263.75%▲ from 1.51%
- Oct 5, 20261.51%first recorded
Balance: $250,000 or more; Rate: Federal Funds Effective Rate minus 0.25%; Rates current as of 09/22/26
- Sep 24, 20263.70%▲ from 3.44%
- Sep 14, 20263.44%first recorded
Balance: $100,000.00 and over
- Oct 14, 20263.65%▲ from 3.50%
- Sep 24, 20263.50%first recorded
New money only; $50,000 minimum balance; Contact nearest branch for more details
Balance: $13,000,000.01 - & Over
- Sep 29, 20263.61%▲ from 3.61%
- Sep 25, 20263.61%▼ from 3.61%
- Sep 21, 20263.61%▼ from 3.61%
- Sep 18, 20263.61%▼ from 3.61%
Balance: $100,000.00 and over
- Oct 14, 20263.60%▲ from 3.50%
- Sep 24, 20263.50%first recorded
Balance: $5,000,000.00 and over
- Oct 3, 20263.60%▲ from 3.40%
- Sep 27, 20263.40%▼ from 3.60%
- Sep 14, 20263.60%first recorded
Balance: above $350,000
Balance: $250,000-$499,999
Balance: $4,500,000.01 - & 13,000,000.00
- Sep 29, 20263.56%▲ from 3.56%
- Sep 25, 20263.56%▼ from 3.56%
- Sep 21, 20263.56%▼ from 3.56%
- Sep 18, 20263.56%▼ from 3.56%
Balance: $500,000 -$999,999.99
Special rate for new accounts opened today; variable, based on account balances, subject to change daily without notice
Balance: $50,000 or more
Balance: $2,500,000.01 - $4,500,000.00
- Sep 29, 20263.51%▲ from 3.51%
- Sep 25, 20263.51%▼ from 3.51%
- Sep 21, 20263.51%▼ from 3.51%
- Sep 18, 20263.51%▼ from 3.51%
Balance: $100 and over; variable rate account; must open an account by 10/09/2026 to get the promotional rate; stated offer valid for Domestic Personal Account customers
Guaranteed for 6 months; promotional APY applies for the first six months following account opening; applies on all balances; for consumer accounts only; after promotional period converts to standard Money Market account at then-current variable APY; available to new clients or new funds not currently on deposit with BankUnited
Balance: $100,000 - $249,999.99; Tier 2; In-Branch Only; Annual Percentage Yield effective 08/13/2026, compounding monthly
Balance: $250,000 and up; Account is available to all personal and business accounts; Minimum Balance required to open account is $50,000
Balance: $250,000 and greater; Minimum Balance to Earn APY: $250,000.00; Dividends compounded and credited monthly; Dividend period monthly
Dividend Credited/Compounded: Monthly; Accurate as of 09/17/2026; Projected Dividend Date: 10/31/2026
- Sep 25, 20263.50%▲ from 3.25%
- Sep 14, 20263.25%first recorded
Balance: $1,000,000 or more
Balance: $100,000 and over; New money only; Minimum opening new money deposit is $100,000; Money Market Account interest is compounded daily and paid monthly
- Oct 13, 20263.50%▼ from 3.75%
- Oct 9, 20263.75%▲ from 1.51%
- Oct 5, 20261.51%first recorded
Balance: $1,000,000.00 and over; Rate good for renewing CDs & new money into credit union
Intro rate; Balance: $15,000+
- Oct 10, 20263.50%▲ from 1.25%
- Sep 14, 20261.25%first recorded
Balance: $100,000 - $499,999.99
Balance: $1,000,000.00 and over; Compounded: Daily; Credited: Monthly
Balance: $500,000.01 - $1,500,000.00
- Sep 29, 20263.45%▼ from 3.45%
- Sep 25, 20263.45%▼ from 3.45%
- Sep 21, 20263.45%▼ from 3.45%
- Sep 18, 20263.45%first recorded
Balance: $250,000+; Rates contingent on qualifying deposits and checking requirements
- Oct 9, 20263.45%▲ from 3.25%
- Sep 14, 20263.25%first recorded
Balance: $1,000,000.00 or more; Once a balance tier is attained, the corresponding rate applies to the entire account balance; Dividends compounded and credited monthly
- Oct 14, 20263.45%▲ from 3.10%
- Sep 14, 20263.10%first recorded
Balance: $100,000 - $249,999.99; Rate: Federal Funds Effective Rate minus 0.50%; Rates current as of 09/22/26
- Sep 24, 20263.44%▲ from 3.19%
- Sep 14, 20263.19%first recorded
Balance: $25,000 to $49,999.99; Rates for ZIP 55402; new clients only; requires deposit of at least $25,000 within 30 days of opening and minimum daily balance of $25,000
Balance: $100,000.00+
- Sep 27, 20263.40%▲ from 3.25%
- Sep 14, 20263.25%first recorded
Balance: $2,500,000.00 to $4,999,999.99
Balance: All Balances; Interest compounded daily; Open online; $5 monthly fee if you receive paper statements
Balance: $25,000 - $99,999.99
Balance: $100,000.00 and over
- Oct 14, 20263.35%▲ from 3.25%
- Sep 24, 20263.25%first recorded
Balance: $25,000.00 to $2,000,000.99; Requires open Huntington Perks Checking account; Minimum balance to earn interest is $25,000.00 and must be new money to Huntington; Rates effective as of Wednesday, October 14, 2026
Balance: $25,000.00 to $2,000,000.99; Requires open Huntington Platinum Perks Checking account; Minimum balance to earn interest is $25,000.00 and must be new money to Huntington; Rates effective as of Wednesday, October 14, 2026
Balance: $500,000 and above
Balance: $250,000 and above
Balance: $100,000 - $249,999.99; Minimum Balance to Earn APY: $100,000.00; Dividends compounded and credited monthly; Dividend period monthly
Balance: $750,000.00 to $999,999.99; Once a balance tier is attained, the corresponding rate applies to the entire account balance; Dividends compounded and credited monthly
- Oct 14, 20263.35%▲ from 3.00%
- Sep 14, 20263.00%first recorded
Balance: $1,000.00 - $99,999.99
- Oct 14, 20263.30%▲ from 3.20%
- Sep 24, 20263.20%first recorded
Balance: $0 -$24,999.99
Balance: $0 - $99,999.99; Tier 1; In-Branch Only; Annual Percentage Yield effective 08/13/2026, compounding monthly
Balance: $250,000.00 - $499,999.99
Balance: $250,000-$499,999
Balance: $50,000 - $99,999.99; Minimum Balance to Earn APY: $50,000.00; Dividends compounded and credited monthly; Dividend period monthly
Balance: $25,000+
- Oct 13, 20263.25%▲ from 3.10%
- Sep 14, 20263.10%first recorded
Balance: $750,000 to $999,999.99
Balance: $500,000.00 to $749,999.99; Once a balance tier is attained, the corresponding rate applies to the entire account balance; Dividends compounded and credited monthly
- Oct 14, 20263.25%▲ from 2.90%
- Sep 14, 20262.90%first recorded
Balance: $20,000.00 and over; Open at Nearest Branch; Membership subject to approval
Balance: $500,000 +; Minimum Daily Balance to Earn Dividends: $500,000; Minimum to Avoid Service Charge: $0
Balance: $50,000+
Balance: $1,000.00 - $99,999.99
- Oct 14, 20263.20%▲ from 3.10%
- Sep 24, 20263.10%first recorded
Balance: $500,000.00 and over
Balance: $100,000-$249,999; Rates contingent on qualifying deposits and checking requirements
- Oct 9, 20263.20%▲ from 3.00%
- Sep 22, 20263.00%first recorded
Balance: $7,500,000 and above; Opening deposit: $2,500; Daily minimum balance $2,500 to obtain APY
- Oct 2, 20263.18%▲ from 3.07%
- Sep 14, 20263.07%first recorded
Balance: $1,000,000 - Up
- Sep 18, 20263.15%▲ from 3.00%
- Sep 14, 20263.00%first recorded
Balance: $20,000+; Daily balance tier; variable-rate money market account
Balance: $20,000 and over; Variable-rate money market based on daily balance; Dividends paid on each day's full balance
Balance: $20,000.00 and over; Daily balance tier
- Oct 14, 20263.15%▼ from 3.50%
- Sep 27, 20263.50%first recorded
Balance: $25,000,000 or more; $500 Minimum to obtain APY disclosed
- Oct 2, 20263.11%▲ from 2.96%
- Sep 14, 20262.96%first recorded
$500 minimum to obtain APY disclosed; Balance: $25,000,000 or more
Balance: $25,000,000 or more; $500 Minimum to obtain APY disclosed
Balance: $100,000.00 and over
- Oct 14, 20263.10%▲ from 3.00%
- Sep 24, 20263.00%first recorded
Balance: $25,000 - $49,999.99; Minimum Balance to Earn APY: $25,000.00; Dividends compounded and credited monthly; Dividend period monthly
Balance: $500,000 +; Opening Balance: $2,500; Dividend Credited/Compounded: Monthly; Projected Dividend Date: 10/31/2026
Balance: $1,000,000-Above
Balance: $2,000,000 and Over; Fees may reduce earnings on the account; Rate may change after account opens; Rates and APY as of 9/25/2026
Balance: $2,000,000 and Over; Fees may reduce earnings on the account; Rate may change after account opens; Rates and APY as of 9/25/2026
Balance: $500,000.00-$999,999.99; Compounded: Daily; Credited: Monthly
Balance: $10,000.00+
Balance: $500,000.00+
$100,000; Money Market - Paid Monthly
Balance: $15,000,000 and Up; Open Online
Balance: $100,000 and over
Balance: $10,000 - $24,999.99; Minimum Balance to Earn APY: $10,000.00; Dividends compounded and credited monthly; Dividend period monthly
Balance: $100,000 to $199,999.99
Balance: $500,000 to $749,999.99
LIMITED TIME 6-Month New Account Promotional Rate; Balance: $50,000 and higher; Open with $50,000 or more to get the promotional rate on entire balance for 6 months
- Oct 14, 20263.00%▲ from 0.50%
- Sep 18, 20260.50%▼ from 3.00%
- Sep 14, 20263.00%first recorded
Balance: $750,000.00-$999,999.99
Balance: $250,000+; Requires Checking with daily average balance of at least $3,000 per month, otherwise 0.50% APY (0.499% Dividend Rate)
Balance: $250,000 - $499,999.99; Opening Balance: $2,500; Dividend Credited/Compounded: Monthly; Projected Dividend Date: 10/31/2026
Balance: $250,000+; Opening Balance: $2,500; Dividend Credited/Compounded: Monthly; Projected Dividend Date: 10/31/2026
- Oct 4, 20262.90%▲ from 2.60%
- Sep 14, 20262.60%first recorded
Balance: $50,000-$99,999; Rates contingent on qualifying deposits and checking requirements
- Oct 9, 20262.90%▲ from 2.70%
- Sep 22, 20262.70%first recorded
Balance: $500,000.00-$749,999.99
Balance: $5 - $9999.99; Minimum Balance to Earn APY: $1.00; Dividends compounded and credited monthly; Dividend period monthly
Balance: $250,000.00 to $499,999.99; Once a balance tier is attained, the corresponding rate applies to the entire account balance; Dividends compounded and credited monthly
- Oct 14, 20262.85%▲ from 2.50%
- Sep 14, 20262.50%first recorded
Balance: $100,000 - $249,999.99; Opening Balance: $2,500; Dividend Credited/Compounded: Monthly; Projected Dividend Date: 10/31/2026
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.
Texas Money Market Rate Trends
Compare local Texas 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.
Texas high-yield MMA rates rose 0.020 points over the past 7 days to 3.190% APY.
Texas standard MMA rates rose 0.010 points over the past 7 days to 0.797% APY.
Texas Money Market Rate Forecast, Next 12 Months
Money market rates move with Federal Reserve policy. Our model uses the current TX 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 TX high-yield money market average of 3.190% 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 Texas.
Money Market Account Earnings in Texas
Annual interest earnings at current TX 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 (3.190% APY) | Monthly Earnings | Standard MMA (0.797% APY) | Monthly Earnings |
|---|---|---|---|---|
| $10,000 | $318.95 / year | $26.58 | $79.69 / year | $6.64 |
| $25,000 | $797.38 / year | $66.45 | $199.23 / year | $16.60 |
| $50,000 | $1,594.75 / year | $132.90 | $398.45 / year | $33.20 |
| $100,000 | $3,189.50 / year | $265.79 | $796.90 / year | $66.41 |
| 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: Texas money market rate averages as of October 15, 2026. | ||||
About Our Texas Money Market Rate Database
MonitorBankRates tracks 65 money market rates from 38 banks and 27 credit unions offering money market deposit accounts to Texas residents, including community institutions, regional banks, and national online options. 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: Frost Bank offers a money market account at 4.00% APY. Use the rate table above to compare all current offers in Texas.
How to Find the Best Money Market Rates in Texas
What to compare when shopping for a money market account in Texas
To find the best money market APYs in Texas, start with credit unions and online-only banks: Texas has 27 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 TX high-yield money market average is 3.190% but top local institutions are offering as high as 4.00%, 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. Texas high-yield money market rates currently average 3.190% 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 Texas institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 65 institutions in Texas 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 Texas CD rates
- You don’t need check writing and want a lower minimum Texas savings rates
- You need daily transaction access Texas checking rates
Texas Financial Snapshot
Local demographics and economic context for savers . Source: U.S. Census Bureau
13.4% of residents are 65 or older, below the national average of 17.3%. At today’s TX high-yield money market average of 3.190%, saving 10% of the local median salary ($4,407/year) would earn an additional $141 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Money Market Accounts vs. Other Texas Options
How money market deposit accounts compare to other deposit products available at banks and credit unions in Texas.
| Feature | Money Market | High-Yield Savings | Standard Savings | CD (12-Month) |
|---|---|---|---|---|
| Current TX Avg APY | 3.190% | View Savings Rates | 0.797%(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 Texas averages tracked in our database as of October 15, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Texas 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 Texas 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 Texas
At TX’s top money market rate of 4.00% from Frost Bank, a $10,000 deposit earns $400 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Texas earner is roughly $11,000. At 3.190% APY in a money market account, saving $920/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. Liquid Deposit AccountTexas’s high-yield money market average is 3.190% 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 Texas earner makes $44,072/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 3.190% APY.
Retirement PlannerA $25,000 money market balance earning 3.190% APY grows to roughly $46,844 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 Texas 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 Texas 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 Texas. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in TX.
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 Texas
What is a Money Market Account (MMA)?
Are Money Market accounts in Texas safe?
How often do MMA rates change in Texas?
Can I write checks from a Money Market Account?
How much do I need to deposit to open a money market account in Texas?
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 Texas for money market accounts?
Best Money Market Rates in Texas
- Frost Bank
Personal Money Market Account: 4.00% APY - Chartway Credit Union
Money Market Plus: 4.00% APY - Sunflower Bank
Velocity Money Market: 3.85% APY - American Bank, N.A. Dallas, TX
Premier Money Market Account Promo: 3.80% APY - State Bank of Texas
High-Rate Jumbo Money Market: 3.76% APY
Cities in Texas
