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Best Money Market Rates in Pelham, Alabama (AL) - May 2026

Content reviewed by
Brian McKay Brian McKay
Brian McKay

Brian McKay

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Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
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| i Editorial Disclosure
Editorial Disclosure 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.
| ✓Fact Checked | Last Updated: May 12, 2026

Current Pelham, Alabama and the surrounding area money market deposit account rates include Avadian Credit UnionAvadian Credit Union2723 Pelham Pkwy, Pelham, AL 35124 1704A+5.0 ★Texas Ratio: 3.11% New Business Money Market at 3.65% APY, TruistTruist2998 Pelham Pkwy, Pelham, AL 35124A+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, AL3596 Pelham Pkwy, Pelham, AL 35124 2034A+5.0 ★Texas Ratio: 0.63% Elite Money Market at 3.25% APY, Southern Energy Credit UnionSouthern Energy Credit Union301 Huntley Pkwy, Pelham, AL 35124A+5.0 ★Texas Ratio: 0.45% Money Market Account at 3.04% APY, and Union State Bank Pell City, ALUnion State Bank Pell City, AL2267 Pelham Pkwy, Pelham, AL 35124A+5.0 ★Texas Ratio: 2.31% High Performance Money Market Account at 0.90% APY. Money market rates as of May 12, 2026 according to verified data from MonitorBankRates.

Pelham has 5 local institutions in our database, with money market rates as high as 3.65% APY from Avadian Credit Union at 2723 Pelham Pkwy, Pelham, AL 35124 1704. 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 Pelham, Alabama and surrounding area. Last Updated and Verified: May 12, 2026

Compare the Best Money Market Rates Today in Pelham, 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%
2723 Pelham Pkwy, Pelham, AL 35124 1704
New Business Money Market
3.65%
$10,000
View
▼
Rate—
Min Deposit$10,000
Min Balance—
UpdatedMay 12, 2026
Details

New Money

Truist
Institution Rating:
A+5.0 ★ Texas Ratio: 3.63%
2998 Pelham Pkwy, Pelham, AL 35124
Small Business Money Market Account
3.40%
$0
View
▼
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%
3596 Pelham Pkwy, Pelham, AL 35124 2034
Elite Money Market
3.25%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Southern Energy Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.45%
301 Huntley Pkwy, Pelham, AL 35124
Money Market Account
3.04%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Southern Energy Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.45%
301 Huntley Pkwy, Pelham, AL 35124
Money Market Account
2.53%
$0
View
▼
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%
3596 Pelham Pkwy, Pelham, AL 35124 2034
Elite Money Market
2.25%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Southern Energy Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.45%
301 Huntley Pkwy, Pelham, AL 35124
Money Market Account
2.02%
$0
View
▼
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%
3596 Pelham Pkwy, Pelham, AL 35124 2034
Elite Money Market
1.75%
$0
View
▼
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%
3596 Pelham Pkwy, Pelham, AL 35124 2034
Elite Money Market
1.25%
$0
View
▼
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%
3596 Pelham Pkwy, Pelham, AL 35124 2034
Select Money Market
1.25%
$0
View
▼
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%
3596 Pelham Pkwy, Pelham, AL 35124 2034
Select Money Market
1.00%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Union State Bank Pell City, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 2.31%
2267 Pelham Pkwy, Pelham, AL 35124
High Performance Money Market Account
0.90%
$0
View
▼
Rate0.90%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

Avadian Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.11%
2723 Pelham Pkwy, Pelham, AL 35124 1704
Business Money Market
0.75%
$2,500
View
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 12, 2026
Details

Mutual Savings Credit Union Hoover, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 0.63%
3596 Pelham Pkwy, Pelham, AL 35124 2034
Select Money Market
0.75%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Avadian Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.11%
2723 Pelham Pkwy, Pelham, AL 35124 1704
Money Market
0.70%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Avadian Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.11%
2723 Pelham Pkwy, Pelham, AL 35124 1704
Business Money Market
0.65%
$2,500
View
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 12, 2026
Details

Union State Bank Pell City, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 2.31%
2267 Pelham Pkwy, Pelham, AL 35124
High Yield Money Market
0.65%
$0
View
▼
Rate0.65%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

Avadian Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.11%
2723 Pelham Pkwy, Pelham, AL 35124 1704
Business Money Market
0.50%
$2,500
View
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 12, 2026
Details

Avadian Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.11%
2723 Pelham Pkwy, Pelham, AL 35124 1704
Business Money Market
0.45%
$2,500
View
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 12, 2026
Details

Union State Bank Pell City, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 2.31%
2267 Pelham Pkwy, Pelham, AL 35124
Money Market
0.40%
$0
View
▼
Rate0.40%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

Mutual Savings Credit Union Hoover, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 0.63%
3596 Pelham Pkwy, Pelham, AL 35124 2034
Select Money Market
0.40%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Avadian Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.11%
2723 Pelham Pkwy, Pelham, AL 35124 1704
Business Money Market
0.30%
$2,500
View
▼
Rate—
Min Deposit$2,500
Min Balance—
UpdatedMay 12, 2026
Details

Mutual Savings Credit Union Hoover, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 0.63%
3596 Pelham Pkwy, Pelham, AL 35124 2034
Business Money Market
0.10%
$0
View
▼
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
View
▼
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
View
▼
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
View
▼
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
3.50%
$0
View
▼
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 Accounts
3.50%
$0
View
▼
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
View
▼
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
View
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

Riverfall Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.99%
Money Market
3.04%
$0
View
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Alabama Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.17%
Daily Money Market Accounts
3.03%
$100,000
View
▼
Rate3.00%
Min Deposit$100,000
Min Balance—
UpdatedMay 10, 2026
Details

Guardian Credit Union Montgomery, AL
Institution Rating:
A5.0 ★ Texas Ratio: 11.42%
Money Market+
3.00%
$0
View
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

($2,500 daily balance required)

Navigator Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.50%
Prime Money Market
3.00%
$0
View
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Variable: Prime-3.75%

Red Oak Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.74%
Money Market
3.00%
$0
View
▼
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
View
▼
Rate3.25%
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
3.00%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Winsouth Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.57%
Money Market Accounts
2.75%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Family Savings Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.34%
Money Market
2.75%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Alabama One Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.47%
Money Market
2.63%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Brewton Mill Federal Credit Union
Institution Rating:
B4.5 ★ Texas Ratio: 21.36%
Money Market
2.63%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details

Up To

First Bank Wadley, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 1.14%
Money Market
2.63%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

Up To

Guardian Credit Union Montgomery, AL
Institution Rating:
A5.0 ★ Texas Ratio: 11.42%
Business Money Market+
2.55%
$0
View
▼
Rate2.52%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

($2,500 daily balance required); $250,000 to $499,999.99

MTC Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.35%
Money Market Account Plus
2.52%
$0
View
▼
Rate2.50%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

Gulf Winds Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.94%
Money Market Account
2.50%
$0
View
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Winsouth Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.57%
Money Market Accounts
2.50%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Family Savings Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.34%
Money Market
2.50%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Guardian Credit Union Montgomery, AL
Institution Rating:
A5.0 ★ Texas Ratio: 11.42%
Business Money Market+
2.45%
$0
View
▼
Rate2.42%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

($2,500 daily balance required); $100,000 to $249,999.99

MTC Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.35%
Money Market Account Plus
2.27%
$0
View
▼
Rate2.25%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

Max Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.24%
Performance Money Market Account
2.27%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

AOD Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.42%
Money Market Account
2.25%
$0
View
▼
Rate2.23%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Hope Federal Credit Union Jackson, MS
Institution Rating:
A+5.0 ★ Texas Ratio: 0.03%
Money Market Account
2.12%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Over $100,000; ($1,000 Minimum)

eCO Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
Money Market Magic
2.02%
$0
View
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Max Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.24%
Performance Money Market Account
2.02%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Redstone Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.00%
Money Market Share Account
2.02%
$0
View
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

Electrical Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.71%
Money Market Tier 3
2.02%
$0
View
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

Gulf Winds Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.94%
Money Market Account
2.00%
$0
View
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

First Citizens Bank Luverne, AL
Institution Rating:
A+5.0 ★ Texas Ratio: 4.30%
Money Market
1.00%
$2,500
View
▼
Rate1.00%
Min Deposit$2,500
Min Balance—
UpdatedMay 5, 2026
Details

Daily Balances of: $250,000.00 and up

First Horizon
Institution Rating:
A+5.0 ★ Texas Ratio: 5.08%
TotalView Money Market Savings
0.75%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

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 Pelham, 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.

Pelham, AL Money Market Rate Trends

Compare local Pelham, 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.

View Full Alabama MMA Trends →
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 Pelham, 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 Pelham, 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 Pelham, 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 Pelham, 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 Pelham, 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 Pelham, 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 Pelham, 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 Pelham, Alabama

Here are some of the highest money market account APYs currently available in Pelham, 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
  • Union State Bank Pell City, AL
    High Performance Money Market Account — 0.90% APY
Money Market Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Pelham, 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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