Florence, Alabama (AL) Savings Rates - March 2026
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The savings rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
The best savings rates for Florence, Alabama and the surrounding area include FirstBank (TN)FirstBank (TN)117 N Court St, Florence, AL 35630A5.0 ★Texas Ratio: 6.39% FirstUp Savings at 3.82% APY, PNC BankPNC Bank8810 Us Highway 42, Florence, KY 41042A5.0 ★Texas Ratio: 6.83% PNC High Yield Savings® at 3.25% APY, Alabama Central Credit UnionAlabama Central Credit Union1902 Bruin Dr, Florence, AL 35630 6717A+5.0 ★Texas Ratio: 0.75% Kids Central Savings at 0.60% APY, Champion Community Credit UnionChampion Community Credit Union2112 Helton Dr, Florence, AL 35630 1432A+5.0 ★Texas Ratio: 4.13% Regular Shares at 0.50% APY, and TVA Community Credit UnionTVA Community Credit Union406 N Mall Ct, Florence, AL 35630 1580A+5.0 ★Texas Ratio: 0.71% Regular Shares at 0.20% APY. Savings rates as of March 26, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Florence, Alabama, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Florence, Alabama (AL) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Florence, Alabama and the surrounding area. Last Updated and Verified: March 26, 2026
Compare the Best Savings Rates in Florence, Alabama & Surrounding Communities
Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
FirstBank (TN)
Institution Rating:
A5.0 ★Texas Ratio: 6.39%
117 N Court St, Florence, AL 35630
FirstUp Savings
3.82%
$50
▼
Rate3.75%
Min Deposit$50
Min Balance—
UpdatedMar 26, 2026
Details
Qualifications Required: recurring monthly transfer totaling $50.00 or more from the FirstBank personal checking or FirstBank personal money market; Qualifying balance up to $25,000.00
PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
8810 Us Highway 42, Florence, KY 41042
PNC High Yield Savings®
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Alabama Central Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.75%
1902 Bruin Dr, Florence, AL 35630 6717
Kids Central Savings
0.60%
$0
▼
Rate0.60%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
Champion Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.13%
2112 Helton Dr, Florence, AL 35630 1432
Regular Shares
0.50%
$0
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Dividend rate last quarter
TVA Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.71%
406 N Mall Ct, Florence, AL 35630 1580
Regular Shares
0.20%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
TVA Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.71%
406 N Mall Ct, Florence, AL 35630 1580
IRA Shares
0.20%
$100
▼
Rate0.00%
Min Deposit$100
Min Balance—
UpdatedMar 22, 2026
Details
Listerhill Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.62%
301 W College St, Florence, AL 35630 5555
Share Savings Account
0.20%
$0
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Effective 3/1/2026
Listerhill Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.62%
301 W College St, Florence, AL 35630 5555
Roth IRA Savings Account
0.20%
$0
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Effective 3/1/2026
Listerhill Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.62%
301 W College St, Florence, AL 35630 5555
My Goal Savings Account
0.20%
$0
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Effective 3/1/2026
Listerhill Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.62%
301 W College St, Florence, AL 35630 5555
IRA Savings Account
0.20%
$0
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Effective 3/1/2026
Listerhill Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.62%
301 W College St, Florence, AL 35630 5555
Good Start Savings Account
0.20%
$0
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Effective 3/1/2026
Listerhill Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.62%
301 W College St, Florence, AL 35630 5555
Explorer Rewards Savings
0.20%
$5
▼
Rate0.20%
Min Deposit$5
Min Balance—
UpdatedMar 24, 2026
Details
Alabama Central Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.75%
1902 Bruin Dr, Florence, AL 35630 6717
Regular Savings
0.20%
$0
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
Listerhill Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.62%
301 W College St, Florence, AL 35630 5555
Explorer Rewards Savings Account
0.20%
$0
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Effective 3/1/2026
PeoplesTrust Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.03%
1131 Wills Ave, Florence, AL 35630
Business Premium Savings
0.15%
$10
▼
Rate0.00%
Min Deposit$10
Min Balance—
UpdatedMar 25, 2026
Details
Alabama Central Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.75%
1902 Bruin Dr, Florence, AL 35630 6717
IRA Savings
0.15%
$0
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
Alabama Central Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.75%
1902 Bruin Dr, Florence, AL 35630 6717
Regular Savings
0.10%
$0
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
PeoplesTrust Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.03%
1131 Wills Ave, Florence, AL 35630
Growth Savings
0.10%
$10
▼
Rate0.10%
Min Deposit$10
Min Balance—
UpdatedMar 25, 2026
Details
PeoplesTrust Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.03%
1131 Wills Ave, Florence, AL 35630
Simple Home Savings
0.10%
$10
▼
Rate0.10%
Min Deposit$10
Min Balance—
UpdatedMar 25, 2026
Details
Lauderdale County Teachers Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
103 Mangum St, Florence, AL 35630 1559
IRA Share Account
0.10%
$0
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Lauderdale County Teachers Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
103 Mangum St, Florence, AL 35630 1559
Regular Share (Savings)
0.10%
$0
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Lauderdale County Teachers Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
103 Mangum St, Florence, AL 35630 1559
Share Draft (Checking)
0.10%
$0
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
TVA Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.71%
406 N Mall Ct, Florence, AL 35630 1580
Share Draft
0.05%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
PeoplesTrust Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.03%
1131 Wills Ave, Florence, AL 35630
Student Savings
0.05%
$1
▼
Rate0.05%
Min Deposit$1
Min Balance—
UpdatedMar 25, 2026
Details
PeoplesTrust Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.03%
1131 Wills Ave, Florence, AL 35630
Primary Savings
0.05%
$10
▼
Rate0.05%
Min Deposit$10
Min Balance—
UpdatedMar 25, 2026
Details
FirstBank (TN)
Institution Rating:
A5.0 ★Texas Ratio: 6.39%
117 N Court St, Florence, AL 35630
UTMA-Minor Savings
0.05%
$25
▼
Rate0.05%
Min Deposit$25
Min Balance—
UpdatedMar 26, 2026
Details
FirstBank (TN)
Institution Rating:
A5.0 ★Texas Ratio: 6.39%
117 N Court St, Florence, AL 35630
Basic Savings
0.05%
$50
▼
Rate0.05%
Min Deposit$50
Min Balance—
UpdatedMar 26, 2026
Details
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
408 S Irby St, Florence, SC 29501
Retirement High Yield Savings
0.05%
$0
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
408 S Irby St, Florence, SC 29501
Platinum Savings
0.05%
$25
▼
Rate0.05%
Min Deposit$25
Min Balance—
UpdatedMar 22, 2026
Details
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
8810 Us Highway 42, Florence, KY 41042
Standard Savings
0.03%
$0
▼
Rate0.03%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
8810 Us Highway 42, Florence, KY 41042
Standard Savings
0.02%
$0
▼
Rate0.02%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
408 S Irby St, Florence, SC 29501
Platinum Savings
0.02%
$25
▼
Rate0.02%
Min Deposit$25
Min Balance—
UpdatedMar 22, 2026
Details
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
408 S Irby St, Florence, SC 29501
Platinum Savings
0.01%
$25
▼
Rate0.01%
Min Deposit$25
Min Balance—
UpdatedMar 22, 2026
Details
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
408 S Irby St, Florence, SC 29501
Way2Save® Savings
0.01%
$25
▼
Rate0.01%
Min Deposit$25
Min Balance—
UpdatedMar 22, 2026
Details
$25 minimum opening deposit
Avadian Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.11%
15660 Highway 280, Chelsea, AL 35043
Centsible Savings2
7.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Qualifying balance up to $1000.00
First US Bank (AL)
Institution Rating:
A+5.0 ★Texas Ratio: 3.21%
131 Main St, Grove Hill, AL 36451
NextGEN Savings
5.12%
$5
▼
Rate0.00%
Min Deposit$5
Min Balance—
UpdatedMar 26, 2026
Details
Qualifying balance up to $500.00
Guardian Credit Union Montgomery, AL
Institution Rating:
A5.0 ★Texas Ratio: 11.42%
1789 Cong W L Dickinson Dr, Montgomery, AL 36109 2601
Round-Up Savings
5.10%
$0
▼
Rate5.00%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Legacy Community Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.54%
1400 20th St S, Birmingham, AL 35205 4914
Incentive Savings
5.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Qualifying balance up to $1,000.00
Redstone Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.00%
220 Wynn Dr, Huntsville, AL 35893
Brighter Day Savings Account
4.06%
$0
▼
Rate4.00%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Qualifying balance up to $2,500.00
Platinum Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.95%
2020 Patton Chapel Rd, Hoover, AL 35216
High Yield Savings
4.00%
$0
▼
Rate3.93%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Platinum Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.95%
2020 Patton Chapel Rd, Hoover, AL 35216
High-Yield Savings
4.00%
$0
▼
Rate3.93%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Platinum Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.95%
2020 Patton Chapel Rd, Hoover, AL 35216
Youth Savings
4.00%
$0
▼
Rate3.94%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Guardian Credit Union Montgomery, AL
Institution Rating:
A5.0 ★Texas Ratio: 11.42%
1789 Cong W L Dickinson Dr, Montgomery, AL 36109 2601
High Rate Savings
3.75%
$0
▼
Rate3.69%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
($10,000 required average daily balance)
Guardian Credit Union Montgomery, AL
Institution Rating:
A5.0 ★Texas Ratio: 11.42%
1789 Cong W L Dickinson Dr, Montgomery, AL 36109 2601
High-Yield Savings
3.75%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Qualifying balance up to $10,000.00
Avadian Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.11%
15660 Highway 280, Chelsea, AL 35043
High Yield Savings
3.50%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Qualifying balance up to $25,000.00
Platinum Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.95%
2020 Patton Chapel Rd, Hoover, AL 35216
College Savings Plan
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Hancock Whitney Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.59%
50 N Royal St, Mobile, AL 36602
Freestyle Savings Account
2.75%
$0
▼
Rate2.72%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Hancock Whitney Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.59%
50 N Royal St, Mobile, AL 36602
Freestyle Savings Account
2.50%
$0
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Hancock Whitney Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.59%
50 N Royal St, Mobile, AL 36602
Freestyle Savings Account
2.25%
$0
▼
Rate2.23%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Family Security Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.42%
2204 Family Security Pl SW, Decatur, AL 35603
Share Account
2.12%
$25
▼
Rate2.10%
Min Deposit$25
Min Balance—
UpdatedMar 21, 2026
Details
Bank of Hope
Institution Rating:
A+5.0 ★Texas Ratio: 3.52%
1605 Eastern Blvd, Montgomery, AL 36117
Kids Savings
2.00%
$25
▼
Rate0.00%
Min Deposit$25
Min Balance—
UpdatedMar 25, 2026
Details
Complimentary Kids Savings stackable money bank and passbook at new account opening
Local Bank Red Level, AL
Institution Rating:
A+5.0 ★Texas Ratio: 1.31%
205 Mcfarland Cir N, Tuscaloosa, AL 35406
Savings Account
1.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
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MonitorBankRates
The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice.
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.
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.
Florence, AL Savings Rate Trends
Compare local Florence, AL savings rate quotes against the statewide average
Weekly savings rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
High-Yield Savings — AL Avg
1.084%
▼ 0.467 from last week
Alabama high-yield savings rates fell 0.467 points this week to 1.084% APY, down from 1.551% last week.
Standard Savings — AL Avg
0.537%
▲ 0.081 from last week
Alabama standard savings rates rose 0.081 points this week to 0.537% APY, up from 0.456% last week.
As of Mar 27, 2026 •
Rate data sourced from 8,500+ monitored institutions
Powered by MonitorBankRates
Methodology & Data Sources
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Florence, 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 savings 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 Florence, Alabama. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in AL.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly, every product listed features its own specific “last updated” date, giving you complete transparency.
Frequently Asked Questions about Savings Accounts in Florence, Alabama
What is a High-Yield Savings Account (HYSA)?
A High-Yield Savings Account (HYSA) typically pays significantly higher interest than standard accounts at national brick-and-mortar banks. These accounts, often found at online banks or local credit unions in Alabama, help your money grow faster through a higher APY.
Are savings accounts in Florence, Alabama safe?
Yes, as long as the institution is FDIC insured (for banks) or NCUA insured (for credit unions). This provides federal protection for your deposits in Alabama up to $250,000 per depositor, per institution.
How often do savings rates change in Florence, Alabama?
Savings rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Alabama rate tables daily to ensure you see the most current high-yield options.
Do I need a minimum deposit to open a savings account?
It depends on the bank. Many online high-yield savings accounts have no minimum deposit requirement, while some traditional banks in Florence, Alabama may require $25–$100 to open an account.
What is the difference between a Savings Account and a Money Market Account?
Both pay interest and are federally insured. Money Market Accounts (MMAs) often come with check-writing privileges or a debit card, making them more flexible, whereas standard savings accounts typically do not.
Are online banks better than local banks in Florence, Alabama?
Online banks often offer higher APYs because they have lower overhead costs. However, local banks in Florence, Alabama offer in-person customer service, which some customers prefer.
How do I open a savings account in Florence, Alabama?
You can open a savings account online or in-person. You will generally need a government-issued ID, your Social Security number, and an initial deposit to get started.
Best Savings Rates in Florence, Alabama
Here are recent savings rates observed in Florence, Alabama and the surrounding area:
- FirstBank (TN)
FirstUp Savings — 3.82% APY - PNC Bank
PNC High Yield Savings® — 3.25% APY - Alabama Central Credit Union
Kids Central Savings — 0.60% APY - Champion Community Credit Union
Regular Shares — 0.50% APY - TVA Community Credit Union
Regular Shares — 0.20% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Florence, Alabama. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 26, 2026
