Best Money Market Rates in Birmingham, Alabama (AL) - May 2026
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The 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.
Current Birmingham, Alabama and the surrounding area money market deposit account rates include Avadian Credit UnionAvadian Credit Union475 Green Springs Hwy, Birmingham, AL 35209 4921A+5.0 ★Texas Ratio: 3.11% New Business Money Market at 3.65% APY, TruistTruist4705 Meadow Brook Rd, Birmingham, AL 35242A+5.0 ★Texas Ratio: 3.63% Small Business Money Market Account at 3.40% APY, Mutual Savings Credit Union Hoover, ALMutual Savings Credit Union Hoover, AL3000 Winewood Rd, Birmingham, AL 35215A+5.0 ★Texas Ratio: 0.63% Elite Money Market at 3.25% APY, Southern Energy Credit UnionSouthern Energy Credit Union750 17th St N, Birmingham, AL 35203A+5.0 ★Texas Ratio: 0.45% Money Market Account at 3.04% APY, and Alabama Credit UnionAlabama Credit Union351 24th St N, Birmingham, AL 35203 3836A5.0 ★Texas Ratio: 6.17% Daily Money Market Accounts at 3.03% APY. Money market rates as of May 12, 2026 according to verified data from MonitorBankRates.
Birmingham has 11 local institutions in our database, with money market rates as high as 3.65% APY from Avadian Credit Union at 475 Green Springs Hwy, Birmingham, AL 35209 4921. Use the table below to compare all available offers, including options from institutions serving the broader Alabama area. Rates are continually updated — we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in Birmingham, Alabama and surrounding area. Last Updated and Verified: May 12, 2026
Compare the Best Money Market Rates Today in Birmingham, Alabama & the Surrounding Area
Source: Verified Money Market Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Avadian Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.11%
475 Green Springs Hwy, Birmingham, AL 35209 4921
New Business Money Market
3.65%
$10,000
▼
Rate—
Min Deposit$10,000
Min Balance—
UpdatedMay 12, 2026
Details
New Money
Truist
Institution Rating:
A+5.0 ★ Texas Ratio: 3.63%
4705 Meadow Brook Rd, Birmingham, AL 35242
Small Business Money Market Account
3.40%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Mutual Savings Credit Union Hoover, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 0.63%
3000 Winewood Rd, Birmingham, AL 35215
Elite Money Market
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Southern Energy Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.45%
750 17th St N, Birmingham, AL 35203
Money Market Account
3.04%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Alabama Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.17%
351 24th St N, Birmingham, AL 35203 3836
Daily Money Market Accounts
3.03%
$100,000
▼
Rate3.00%
Min Deposit$100,000
Min Balance—
UpdatedMay 10, 2026
Details
Southern Energy Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.45%
750 17th St N, Birmingham, AL 35203
Money Market Account
2.53%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Mutual Savings Credit Union Hoover, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 0.63%
3000 Winewood Rd, Birmingham, AL 35215
Elite Money Market
2.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Hope Federal Credit Union Jackson, MS
Institution Rating:
A+5.0 ★ Texas Ratio: 0.03%
9178 Parkway E, Birmingham, AL 35206 1507
Money Market Account
2.12%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Over $100,000; ($1,000 Minimum)
Southern Energy Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.45%
750 17th St N, Birmingham, AL 35203
Money Market Account
2.02%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
eCO Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
105 Frankfurt Cir, Birmingham, AL 35211 6978
Money Market Magic
2.02%
$0
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Jefferson Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.26%
716 Richard Arrington Jr Blvd N, Birmingham, AL 35203
Prosperity Money Market Account
2.00%
$2,500
▼
Rate1.98%
Min Deposit$2,500
Min Balance—
UpdatedMay 10, 2026
Details
Mutual Savings Credit Union Hoover, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 0.63%
3000 Winewood Rd, Birmingham, AL 35215
Elite Money Market
1.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Jefferson Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.26%
716 Richard Arrington Jr Blvd N, Birmingham, AL 35203
Prosperity Money Market Account
1.50%
$2,500
▼
Rate1.49%
Min Deposit$2,500
Min Balance—
UpdatedMay 10, 2026
Details
Mutual Savings Credit Union Hoover, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 0.63%
3000 Winewood Rd, Birmingham, AL 35215
Elite Money Market
1.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Mutual Savings Credit Union Hoover, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 0.63%
3000 Winewood Rd, Birmingham, AL 35215
Select Money Market
1.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Jefferson Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.26%
716 Richard Arrington Jr Blvd N, Birmingham, AL 35203
Prosperity Money Market Account
1.25%
$2,500
▼
Rate1.24%
Min Deposit$2,500
Min Balance—
UpdatedMay 10, 2026
Details
Jefferson Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.26%
716 Richard Arrington Jr Blvd N, Birmingham, AL 35203
Prosperity Money Market Account
1.10%
$2,500
▼
Rate1.09%
Min Deposit$2,500
Min Balance—
UpdatedMay 10, 2026
Details
eCO Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
105 Frankfurt Cir, Birmingham, AL 35211 6978
Money Market Magic
1.00%
$0
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Mutual Savings Credit Union Hoover, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 0.63%
3000 Winewood Rd, Birmingham, AL 35215
Select Money Market
1.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Jefferson Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.26%
716 Richard Arrington Jr Blvd N, Birmingham, AL 35203
Prosperity Money Market Account
1.00%
$2,500
▼
Rate1.00%
Min Deposit$2,500
Min Balance—
UpdatedMay 10, 2026
Details
Alabama Central Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.75%
3601 4th Ave S, Birmingham, AL 35222
Money Market
0.80%
$0
▼
Rate0.80%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Avadian Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.11%
475 Green Springs Hwy, Birmingham, AL 35209 4921
Business Money Market
0.75%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 12, 2026
Details
First Horizon
Institution Rating:
A+5.0 ★ Texas Ratio: 5.08%
2340 Woodcrest Pl, Birmingham, AL 35209
TotalView Money Market Savings
0.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Mutual Savings Credit Union Hoover, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 0.63%
3000 Winewood Rd, Birmingham, AL 35215
Select Money Market
0.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
eCO Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
105 Frankfurt Cir, Birmingham, AL 35211 6978
Money Market Magic
0.75%
$0
▼
Rate0.75%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Avadian Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.11%
475 Green Springs Hwy, Birmingham, AL 35209 4921
Money Market
0.70%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Alabama Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.17%
351 24th St N, Birmingham, AL 35203 3836
Daily Money Market Accounts
0.70%
$50,000
▼
Rate0.70%
Min Deposit$50,000
Min Balance—
UpdatedMay 10, 2026
Details
Alabama Central Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.75%
3601 4th Ave S, Birmingham, AL 35222
Money Market
0.70%
$0
▼
Rate0.70%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Avadian Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.11%
475 Green Springs Hwy, Birmingham, AL 35209 4921
Business Money Market
0.65%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 12, 2026
Details
Alabama Central Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.75%
3601 4th Ave S, Birmingham, AL 35222
Money Market
0.60%
$0
▼
Rate0.60%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Alabama Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.17%
351 24th St N, Birmingham, AL 35203 3836
Daily Money Market Accounts
0.60%
$25,000
▼
Rate0.60%
Min Deposit$25,000
Min Balance—
UpdatedMay 10, 2026
Details
First Horizon
Institution Rating:
A+5.0 ★ Texas Ratio: 5.08%
2340 Woodcrest Pl, Birmingham, AL 35209
TotalView Money Market Savings
0.60%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Alabama Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.17%
351 24th St N, Birmingham, AL 35203 3836
Daily Money Market Accounts
0.55%
$10,000
▼
Rate0.55%
Min Deposit$10,000
Min Balance—
UpdatedMay 10, 2026
Details
Social Security Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.50%
1200 Reverend Abraham Woods Jr Blvd, Birmingham, AL 35285
Super Money Market
0.55%
$0
▼
Rate0.55%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
First Horizon
Institution Rating:
A+5.0 ★ Texas Ratio: 5.08%
2340 Woodcrest Pl, Birmingham, AL 35209
TotalView Money Market Savings
0.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Avadian Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.11%
475 Green Springs Hwy, Birmingham, AL 35209 4921
Business Money Market
0.50%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 12, 2026
Details
Alabama Central Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.75%
3601 4th Ave S, Birmingham, AL 35222
Money Market
0.50%
$0
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Alabama Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.17%
351 24th St N, Birmingham, AL 35203 3836
Daily Money Market Accounts
0.50%
$2,500
▼
Rate0.50%
Min Deposit$2,500
Min Balance—
UpdatedMay 10, 2026
Details
Avadian Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.11%
475 Green Springs Hwy, Birmingham, AL 35209 4921
Business Money Market
0.45%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 12, 2026
Details
Social Security Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.50%
1200 Reverend Abraham Woods Jr Blvd, Birmingham, AL 35285
Super Money Market
0.45%
$0
▼
Rate0.45%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Mutual Savings Credit Union Hoover, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 0.63%
3000 Winewood Rd, Birmingham, AL 35215
Select Money Market
0.40%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Avadian Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.11%
475 Green Springs Hwy, Birmingham, AL 35209 4921
Business Money Market
0.30%
$2,500
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 12, 2026
Details
First Horizon
Institution Rating:
A+5.0 ★ Texas Ratio: 5.08%
2340 Woodcrest Pl, Birmingham, AL 35209
Money Market Savings
0.15%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
First Horizon
Institution Rating:
A+5.0 ★ Texas Ratio: 5.08%
2340 Woodcrest Pl, Birmingham, AL 35209
Money Market Savings
0.10%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Mutual Savings Credit Union Hoover, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 0.63%
3000 Winewood Rd, Birmingham, AL 35215
Business Money Market
0.10%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
eCO Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
105 Frankfurt Cir, Birmingham, AL 35211 6978
Money Market Magic
0.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Max Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.24%
Elevate Money Market Account - Reverse Money Market
5.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Max Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.24%
Elevate Money Market Account - Reverse Money Market
4.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Gulf Winds Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.94%
Business Money Market
3.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Local Bank Red Level, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 1.31%
Money Market Accounts
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
Local Bank Red Level, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 1.31%
Money Market
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
AOD Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.42%
Money Market Account
3.50%
$0
▼
Rate3.44%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
UNIFY Financial Federal Credit Union
Institution Rating:
B4.4 ★ Texas Ratio: 21.76%
Money Market Plus Account
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Guardian Credit Union Montgomery, AL
Institution Rating:
A5.0 ★ Texas Ratio: 11.42%
Money Market+
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
($2,500 daily balance required)
Max Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.24%
Elevate Money Market Account - Reverse Money Market
3.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Rate3.25%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Red Oak Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.74%
Money Market Account
3.00%
$0
▼
Rate3.25%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
Up To
First Citizens Bank Luverne, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 4.30%
Money Market
1.00%
$2,500
▼
Rate1.00%
Min Deposit$2,500
Min Balance—
UpdatedMay 5, 2026
Details
Daily Balances of: $250,000.00 and up
Union State Bank Pell City, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 2.31%
High Performance Money Market Account
0.90%
$0
▼
Rate0.90%
Min Deposit$0
Min Balance—
UpdatedMay 5, 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. Rates reflect recent market quotes and representative offers available to depositors in Birmingham, Alabama and the surrounding area.
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.
Birmingham, AL Money Market Rate Trends
Compare local Birmingham, AL 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.
High-Yield MMA — AL Avg
3.070%
▲ 0.011 vs 7 days ago
Alabama high-yield MMA rates rose 0.011 points over the past 7 days to 3.070% APY.
Standard MMA — AL Avg
0.455%
Unchanged vs 7 days ago
Alabama standard MMA rates currently average 0.455% APY.
As of May 13, 2026 • Rate data sourced from 8,500+ monitored institutions
Powered by MonitorBankRates
Methodology & Data Sources
Direct-Sourced & Verified Money Market Rate Data: We aggregate money market deposit account rates for Birmingham, 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 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 Birmingham, Alabama. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in AL.
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 Birmingham, Alabama
What is a Money Market Account (MMA)?
A Money Market Account (MMA), formally known as a money market deposit account (MMDA), is a type of deposit account that often pays higher interest rates than standard savings accounts. They usually come with check-writing privileges and debit card access, offering a balance of growth and liquidity for savers in Alabama.
Are Money Market accounts in Birmingham, 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 MMA rates change in Birmingham, Alabama?
Money market 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.
Can I write checks from a Money Market Account?
Yes, most Money Market Accounts allow you to write a limited number of checks or make debit card transactions each month (typically up to 6), making them more flexible than a standard savings account.
How much do I need to deposit to open a money market account in Birmingham, Alabama?
Minimum deposit requirements vary widely. Some online money market deposit accounts can be opened with no minimum, while many banks and credit unions in Birmingham, Alabama require an initial deposit of $1,000 to $2,500 to earn the highest advertised APY. Larger deposits often unlock higher rate tiers, and FDIC or NCUA insurance protects deposits up to $250,000 per depositor, per institution.
Best Money Market Rates in Birmingham, Alabama
Here are some of the highest money market account APYs currently available in Birmingham, Alabama and the surrounding area:
- Avadian Credit Union
New Business Money Market — 3.65% APY - Truist
Small Business Money Market Account — 3.40% APY - Mutual Savings Credit Union Hoover, AL
Elite Money Market — 3.25% APY - Southern Energy Credit Union
Money Market Account — 3.04% APY - Alabama Credit Union
Daily Money Market Accounts — 3.03% APY
Money Market Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Birmingham, Alabama. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: May 12, 2026
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