Purvis, Mississippi Savings Rates - October 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
Purvis, Mississippi savings account rates range from 0.01% to 7.00% APY, verified by MonitorBankRates as of October 14, 2026. The best savings rates for Purvis, Mississippi and the surrounding area include FsnbFsnbA+5.0 ★Texas Ratio: 4.08%Real return: +4.20%APY minus 2.8% CPI (February 2026) Cents-able Savings at 7.00% APY, All In Credit UnionAll In Credit UnionA5.0 ★Texas Ratio: 11.52%Real return: +1.08%APY minus 2.8% CPI (February 2026) PFA Savings Rate at 3.88% APY, Wells FargoWells FargoA+5.0 ★Texas Ratio: 5.36%Real return: +0.45%APY minus 2.8% CPI (February 2026) Platinum Savings at 3.25% APY, Keesler Federal Credit UnionKeesler Federal Credit UnionA+5.0 ★Texas Ratio: 5.02%Real return: +0.45%APY minus 2.8% CPI (February 2026) HIMMA Premier at 3.25% APY, and Chevron Federal Credit UnionChevron Federal Credit UnionA+5.0 ★Texas Ratio: 2.12%Real return: +0.45%APY minus 2.8% CPI (February 2026) Money Market Savings at 3.25% APY.
Purvis is a smaller community with no bank or credit union branches currently in our database. 75 institutions serving the Mississippi area are available to Purvis residents, with savings rates as high as 7.00% APY from Fsnb. Rates are continually updated, so we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Purvis, Mississippi and the surrounding area. Last Updated and Verified: October 14, 2026
Compare the Best Savings Rates in Purvis, Mississippi & Surrounding Communities
Balance: $150,000 and over; Preferred Financial Advisor savings account; monthly rates beginning 10/01/2026; rate based on FHLB borrowing rate less 0.25%; account eligibility requires meeting with an All In Credit Union Preferred Financial Advisor
- Oct 1, 20263.88%▲ from 3.62%
- Sep 18, 20263.62%first recorded
Balance: $25,000 or more; Rates for New Savings Customers; Earn 3.25% APY as a new Wells Fargo savings customer; California Bay Area counties branches only
- Oct 14, 20263.25%▲ from 0.05%
- Oct 7, 20260.05%▲ from 0.01%
- Sep 14, 20260.01%first recorded
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: $25,000+
- Oct 13, 20263.25%▲ from 3.10%
- Sep 14, 20263.10%first recorded
($0 Opening Balance); Dividends credited quarterly; Projected Dividend Date: 12/31/2026
- Oct 4, 20263.00%▲ from 2.75%
- Sep 14, 20262.75%first recorded
Balance: $50,000 and above; Dividends paid monthly on average daily balance
Balance: $0 minimum to earn stated APY
Variable-rate account; rates may change after the account is opened.
Balance: $5.01 and over
Dividends computed on average daily balance and compounded quarterly; Rate effective 9/30/26
Balance: $25,000.01 - $50,000.00
Balance: >$60,000.01
Balance: 0 - $25,000
Balance: up to $25,000
Balance: $10,000 to $49,999; Dividends paid monthly on average daily balance
Balance: $5.01 and over
Balance: $50,000 - $99,999
Balance: $0.01 - $1,500
Balance: All Balances
Balance: $100,000+
Balance: $100,000.00 and over
Balance: >$40,000.01
Dividends computed on average daily balance and compounded quarterly; Rate effective 9/30/26
Balances $50,000.00 or more; Tier Three
Minimum Balance to Avoid Fees: $20; Dividends compounded and credited quarterly; Dividends period quarterly
Balance: $100,000.01 & above
Balance:
IRS early withdrawal penalties apply to IRA withdrawals
Balance: $50,000 to $99,999
Balance: $10,000 minimum to earn stated APY
Balance: $0.01-$149,999.99; Preferred Financial Advisor savings account; monthly rates beginning 10/01/2026; rate based on FHLB borrowing rate less 0.25%; account eligibility requires meeting with an All In Credit Union Preferred Financial Advisor
Quarterly rates beginning 10/01/2026
Dividend Period: Quarterly
Balance: $50,000.01 - $100,000
Balance: $10,000.00-$100,000.00
Balance: $5,000 and over
Balances $5,000.00 to $49,999.99; Tier Two
Balance: $0.00 - $49,999
*$1 minimum opening deposit required; Minimum to earn dividends is $1
*$1 minimum opening deposit required; Minimum to earn dividends is $1
Balance: $100 - $1,500
Balance: $2,500 to $49,999
Balance: $100.01 and up
Balance: $10,000.01 & over; Compounding: Quarterly
Min. for Dividends: $5
Dividend Period: Monthly
Balance: $25,000.01 - $50,000
Balance: $50,000.00 - $99,999.99
Balance: $10,000 or more; a daily collected balance of $10,000 must be maintained to obtain the yield; Monthly minimum balance fee $3.00 if balance falls below $200 any day of the statement period; Requirements to waive: $200 minimum daily balance each day in the statement period; Interest compounded and credited quarterly
Over $10,000; Transaction Limits: Limited
Over $10,000; Transaction Limits: Limited
- Oct 2, 20260.30%▲ from 0.05%
- Sep 27, 20260.05%▼ from 0.30%
- Sep 14, 20260.30%first recorded
Balances less than $5,000.00; Tier One
Quarterly $5 service charge if daily balance falls below $250; service charge refunded when linked to Essential Checking or Advantage Checking; interest compounded daily and posted quarterly; APY effective 9/28/26 and variable
Balance: less than $10,000; Monthly minimum balance fee $3.00 if balance falls below $200 any day of the statement period; Requirements to waive: $200 minimum daily balance each day in the statement period; Interest compounded and credited quarterly
- Oct 7, 20260.20%▼ from 0.35%
- Oct 2, 20260.35%first recorded
Under $10,000; Transaction Limits: Limited
Balance: $50,000 - $99,999
Balance: $0 - $24,999
Balance: $50,000.00 - $99,999.99
When linked to Premier Checking; Balance: $0 or more; California Bay Area counties branches only
Under $10,000; Transaction Limits: Limited
- Oct 2, 20260.05%▼ from 0.25%
- Sep 27, 20260.25%▲ from 0.05%
- Sep 14, 20260.05%first recorded
Balance: $300.00 - $24,999.99
When linked to Prime Checking; Balance: $0 or more; California Bay Area counties branches only
Balance: $0 or more; Standard Interest Rates; California Bay Area counties branches only
- Sep 27, 20260.01%▼ from 0.02%
- Sep 18, 20260.02%first recorded
Balance: $0 or more; Standard Interest Rate; California Bay Area counties branches only
Balance: $100 or more earn 0.01% APY; Smart Savings Transfer must be connected to CNB Checking at opening, otherwise $100 deposit required; For online accounts, minimum balance of $100 required to open; Interest compounded and paid quarterly; In-Branch Only (for Smart Savings Transfer account opening)
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.
Purvis, MS Savings Rate Trends
Compare local Purvis, MS savings rate quotes against the statewide average
Daily savings rate averages tracked across our database of 8,500+ banks and credit unions, updated every evening.
Mississippi high-yield savings rates rose 0.026 points over the past 7 days to 2.040% APY, up from 2.013%.
Mississippi standard savings rates rose 0.091 points over the past 7 days to 0.543% APY, up from 0.452%.
Purvis, Mississippi Savings Rate Forecast, Next 12 Months
Savings rates move with Federal Reserve policy. Our model uses the current MS high-yield average and a Fed funds spread to project the likely rate trajectory for 2026 to 2027.
Savings 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 savings average of 2.040% 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 online savings rates tend to adjust faster than standard branch-based savings rates.
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 Purvis, Mississippi.
Savings Account Earnings in Purvis, Mississippi
Annual interest earnings at current MS average APYs, based on the high-yield and standard savings averages tracked in our database. Compounding assumed monthly.
| Balance | HY Savings (2.040% APY) | Monthly Earnings | Standard Savings (0.543% APY) | Monthly Earnings |
|---|---|---|---|---|
| $5,000 | $101.98 / year | $8.50 | $27.13 / year | $2.26 |
| $10,000 | $203.96 / year | $17.00 | $54.27 / year | $4.52 |
| $25,000 | $509.90 / year | $42.49 | $135.67 / year | $11.31 |
| $50,000 | $1,019.80 / year | $84.98 | $271.35 / year | $22.61 |
| Earnings estimates use daily compounding. Actual earnings depend on exact rate, compounding frequency, and daily balance maintained. Rates are variable and subject to change. Source: Purvis, Mississippi savings rate averages as of October 14, 2026. | ||||
About Our Purvis, Mississippi Savings Rate Database
MonitorBankRates tracks savings rate offers from 34 banks and credit unions available to Purvis, Mississippi residents via statewide and national offers. No branch locations physically in Purvis are currently in our database, but all listed offers are open to Purvis 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 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: Fsnb offers a savings account at 7.00% APY with a minimum deposit of $5. Use the rate table above to compare all current offers in Purvis, Mississippi.
How to Find the Best Savings Rates in Purvis, Mississippi
What to compare when shopping for a savings account in Purvis, Mississippi
To find the best savings APYs in Purvis, Mississippi, start with credit unions and online-only banks: Purvis, Mississippi has 23 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. APY reflects compounding and is the true measure of what you’ll earn. Savings accounts that compound daily earn slightly more than those compounding monthly at the same stated rate. The current MS high-yield savings average is 2.040% but top local institutions are offering as high as 7.00%, so shopping around pays off.
Unlike a CD, savings account rates are variable. Your rate can change at any time with Federal Reserve policy. Many institutions offer elevated introductory rates that reset after a promotional period. Review your account periodically to ensure your APY remains competitive.
When a High-Yield Savings Account Makes Sense
- Emergency fund: Financial experts recommend 3 to 6 months of expenses in a liquid, FDIC-insured account. Purvis, Mississippi high-yield savings rates currently average 2.040% APY, far above a typical checking account.
- Short-term savings goals (6 to 24 months): If you may need the money soon, a savings account gives you immediate access without early withdrawal penalties.
- Parking cash between investments: A high-yield savings account at Purvis, Mississippi institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 34 institutions in Purvis, Mississippi report savings 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 Purvis, Mississippi CD rates
- You want check-writing flexibility Purvis, Mississippi money market rates
- You need daily transaction access Purvis, Mississippi checking rates
Purvis, Mississippi Financial Snapshot
Local demographics and economic context for savers. Source: U.S. Census Bureau
17.5% of residents are 65 or older, in line with the national average of 17.3%; a low unemployment rate of 1.8% reflects a strong local economy with solid savings capacity. At today’s MS high-yield savings average of 2.040%, saving 10% of the local median salary ($2,863/year) would earn an additional $58 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Savings Accounts vs. Other Purvis, Mississippi Options
How high-yield savings accounts compare to other deposit products available at banks and credit unions in Purvis, Mississippi.
| Feature | High-Yield Savings | Standard Savings | Money Market | CD (12-Month) |
|---|---|---|---|---|
| Current MS Avg APY | 2.040% | 0.543% | View MMA Rates | 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 | ✗ No | ✗ No | ✓ Often yes | ✗ No |
| Debit / ATM Card | Some institutions | ✗ Rarely | ✓ Often yes | ✗ No |
| Typical Min Deposit | $0 to $100 | $25 to $100 | $0 to $2,500 | $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 | Emergency fund, short-term goals, parking cash | Everyday saving, low-balance accounts | Active savers wanting flexibility + check writing | Locking in a rate for a defined period |
APY data reflects Purvis, Mississippi 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.
Savings Calculators for Purvis, Mississippi
At MS’s top rate of 7.00% from Fsnb, a $10,000 deposit earns $700 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Purvis, Mississippi earner is roughly $7,200. At 2.040% APY, saving $600/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. High-Yield SavingsMississippi’s high-yield savings average is 2.040% APY, variable and always accessible. 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 Purvis, Mississippi earner makes $28,636/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 2.040% APY.
Retirement PlannerA $25,000 high-yield savings balance earning 2.040% APY grows to roughly $37,438 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 Purvis, Mississippi savings 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 Savings Rate Data: We aggregate savings account rates for Purvis, 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 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 Purvis, Mississippi. We feature a comprehensive mix of institutions, from neighborhood credit unions and competitive regional banks to large national institutions available to savers in MS.
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 Purvis, Mississippi
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Purvis, Mississippi safe?
How often do savings rates change in Purvis, Mississippi?
Do I need a minimum deposit to open a savings account?
What is the difference between a Savings Account and a Money Market Account?
Are online banks better than local banks in Purvis, Mississippi?
How do I open a savings account in Purvis, Mississippi?
Best Savings Rates in Purvis, Mississippi
- Fsnb
Cents-able Savings: 7.00% APY - All In Credit Union
PFA Savings Rate: 3.88% APY - Wells Fargo
Platinum Savings: 3.25% APY - Keesler Federal Credit Union
HIMMA Premier: 3.25% APY - Chevron Federal Credit Union
Money Market Savings: 3.25% APY
Purvis, Mississippi Rates & Resources
