Alabama Savings Account Rates: Banks Versus Credit Unions
Both community banks and credit unions have garnered reputations as sources of excellent interest rates, which is great to know when you’re looking for the highest rate on your Alabama savings account. Of course, only one financial institution in the state can have the very best interest rate of all, and you probably want to know where that is. Is it the nearby bank or your community credit union? You’re about to find out.
Below is a list of the best savings account rates in Alabama, split up by credit unions and banks. Did your financial institution make the list?
Alabama Banks with the Highest Savings Rates
- EvaBank: 0.75%
- The First National Bank of Talladega: 0.75%
- Cullman Savings Bank: 0.65%
- City Bank of Hartford: 0.5%
- The First National Bank of Atmore: 0.5%
Credit Unions in Alabama with the Best Savings Interest Rates
- Railroad Credit Union: 1.26%
- People's First Credit Union: 1.25%
- Florence Credit Union: 1.01%
- Champion Community Credit Union: 1.01%
- Railway Employees Credit Union: 1%
Please note that these rates are accurate as of 6/17/11, but are subject to change at any time.
