Best Money Market Rates in New Albany, Indiana (IN) - May 2026
Content reviewed by
Brian McKay
i
Editorial Disclosure
Brian McKay
Brian McKay
Founder & Data ArchitectExpertise
- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
- Bank & Credit Union Health Safety Ratings
- Bank & Credit Union Star Ratings
- Finance Calculators
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.
Read Full Bio →
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.
Current New Albany, Indiana and the surrounding area money market deposit account rates include First Merchants BankFirst Merchants Bank2218 State St, New Albany, IN 47150A+5.0 ★Texas Ratio: 2.78% Money Market Special at 3.55% APY, WesBanco BankWesBanco Bank101 W Spring St, New Albany, IN 47150A+5.0 ★Texas Ratio: 1.63% Money Market Special at 3.50% APY, TruistTruist4210 Charlestown Rd, New Albany, IN 47150A+5.0 ★Texas Ratio: 3.63% Small Business Money Market Account at 3.40% APY, L and N Federal Credit UnionL and N Federal Credit Union2865 Charlestown Rd, New Albany, IN 47150 1984A+5.0 ★Texas Ratio: 2.32% Premier Money Market Special at 3.40% APY, and Centra Credit UnionCentra Credit Union710 Pillsbury Ln, New Albany, IN 47150 2238A5.0 ★Texas Ratio: 7.15% Business & Public Funds Premium Money Market Savings at 3.05% APY. Money market rates as of May 15, 2026 according to verified data from MonitorBankRates.
New Albany has 7 local institutions in our database, with money market rates as high as 3.55% APY from First Merchants Bank at 2218 State St, New Albany, IN 47150. Use the table below to compare all available offers, including options from institutions serving the broader Indiana area. Rates are continually updated — we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in New Albany, Indiana and surrounding area. Last Updated and Verified: May 15, 2026
Compare the Best Money Market Rates Today in New Albany, Indiana & the Surrounding Area
Source: Verified Money Market Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
First Merchants Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.78%
2218 State St, New Albany, IN 47150
Money Market Special
3.55%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Promo Rate
WesBanco Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.63%
101 W Spring St, New Albany, IN 47150
Money Market Special
3.50%
$25,000
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMay 5, 2026
Details
With a minimum of $25k new money
L and N Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.32%
2865 Charlestown Rd, New Albany, IN 47150 1984
Premier Money Market Special
3.40%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details
Truist
Institution Rating:
A+5.0 ★ Texas Ratio: 3.63%
4210 Charlestown Rd, New Albany, IN 47150
Small Business Money Market Account
3.40%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
710 Pillsbury Ln, New Albany, IN 47150 2238
High Interest Money Market Savings
3.05%
$0
▼
Rate3.01%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
710 Pillsbury Ln, New Albany, IN 47150 2238
Business & Public Funds Premium Money Market Savings
3.05%
$0
▼
Rate3.01%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
710 Pillsbury Ln, New Albany, IN 47150 2238
Business & Public Funds Premium Money Market Savings
2.90%
$0
▼
Rate2.86%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
710 Pillsbury Ln, New Albany, IN 47150 2238
High Interest Money Market Savings
2.90%
$0
▼
Rate2.86%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Park Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
4100 Technology Ave, New Albany, IN 47150 8548
Money Market Accounts with Park Perks
2.25%
$250,000
▼
Rate2.23%
Min Deposit$250,000
Min Balance—
UpdatedMay 10, 2026
Details
One Vision Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.22%
2441 State St Ste A, New Albany, IN 47150 4984
Money Market Accounts
2.13%
$0
▼
Rate2.13%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
710 Pillsbury Ln, New Albany, IN 47150 2238
High Interest Money Market Savings
1.80%
$0
▼
Rate1.79%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
710 Pillsbury Ln, New Albany, IN 47150 2238
Business & Public Funds Premium Money Market Savings
1.80%
$0
▼
Rate1.79%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Park Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
4100 Technology Ave, New Albany, IN 47150 8548
Money Market Accounts with Park Perks
1.75%
$150,000
▼
Rate1.74%
Min Deposit$150,000
Min Balance—
UpdatedMay 10, 2026
Details
One Vision Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.22%
2441 State St Ste A, New Albany, IN 47150 4984
Money Market Accounts
1.49%
$0
▼
Rate1.49%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details
Park Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
4100 Technology Ave, New Albany, IN 47150 8548
Money Market Accounts with Park Perks
1.30%
$50,000
▼
Rate1.29%
Min Deposit$50,000
Min Balance—
UpdatedMay 10, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
710 Pillsbury Ln, New Albany, IN 47150 2238
High Interest Money Market Savings
1.30%
$0
▼
Rate1.29%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
One Vision Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.22%
2441 State St Ste A, New Albany, IN 47150 4984
Money Market Accounts
1.24%
$0
▼
Rate1.24%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
710 Pillsbury Ln, New Albany, IN 47150 2238
Business & Public Funds Premium Money Market Savings
1.15%
$0
▼
Rate1.14%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
710 Pillsbury Ln, New Albany, IN 47150 2238
High Interest Money Market Savings
1.15%
$0
▼
Rate1.14%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Park Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
4100 Technology Ave, New Albany, IN 47150 8548
Money Market Accounts
1.10%
$0
▼
Rate1.09%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
710 Pillsbury Ln, New Albany, IN 47150 2238
Business & Public Funds Premium Money Market Savings
1.10%
$0
▼
Rate1.09%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
710 Pillsbury Ln, New Albany, IN 47150 2238
High Interest Money Market Savings
1.10%
$0
▼
Rate1.09%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
710 Pillsbury Ln, New Albany, IN 47150 2238
High Interest Money Market Savings
1.05%
$0
▼
Rate1.05%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
One Vision Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.22%
2441 State St Ste A, New Albany, IN 47150 4984
Money Market Accounts
1.00%
$0
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details
Park Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
4100 Technology Ave, New Albany, IN 47150 8548
Money Market Accounts
1.00%
$0
▼
Rate0.99%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
710 Pillsbury Ln, New Albany, IN 47150 2238
Money Market & Classic Plus Savings
0.85%
$0
▼
Rate0.85%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Park Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
4100 Technology Ave, New Albany, IN 47150 8548
Money Market Accounts with Park Perks
0.75%
$1,000
▼
Rate0.75%
Min Deposit$1,000
Min Balance—
UpdatedMay 10, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
710 Pillsbury Ln, New Albany, IN 47150 2238
Money Market & Classic Plus Savings
0.65%
$0
▼
Rate0.65%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Park Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
4100 Technology Ave, New Albany, IN 47150 8548
Money Market Accounts
0.45%
$0
▼
Rate0.45%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
710 Pillsbury Ln, New Albany, IN 47150 2238
Money Market & Classic Plus Savings
0.40%
$0
▼
Rate0.40%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
710 Pillsbury Ln, New Albany, IN 47150 2238
HSA Money Market Savings
0.40%
$0
▼
Rate0.40%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
710 Pillsbury Ln, New Albany, IN 47150 2238
HSA Money Market Savings
0.30%
$0
▼
Rate0.30%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
710 Pillsbury Ln, New Albany, IN 47150 2238
Premium Money Market Checking
0.30%
$0
▼
Rate0.30%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
710 Pillsbury Ln, New Albany, IN 47150 2238
Money Market & Classic Plus Savings
0.25%
$0
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
710 Pillsbury Ln, New Albany, IN 47150 2238
Premium Money Market Checking
0.20%
$0
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
710 Pillsbury Ln, New Albany, IN 47150 2238
Premium Money Market Checking
0.15%
$0
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
710 Pillsbury Ln, New Albany, IN 47150 2238
Money Market & Classic Plus Savings
0.15%
$0
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
710 Pillsbury Ln, New Albany, IN 47150 2238
HSA Money Market Savings
0.15%
$0
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
710 Pillsbury Ln, New Albany, IN 47150 2238
Money Market & Classic Plus Savings
0.10%
$0
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
710 Pillsbury Ln, New Albany, IN 47150 2238
Premium Money Market Checking
0.10%
$0
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Hoosier Hills Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.40%
High Yield Money Market
4.05%
$0
▼
Rate3.98%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Interra Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.74%
Business LINked Money Market Share Account (Business LINked MMSA)
4.03%
$100,000
▼
Rate—
Min Deposit$100,000
Min Balance—
UpdatedMay 12, 2026
Details
Interra Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.74%
LINked Money Market Share Account (LINked MMSA)
4.03%
$10,000
▼
Rate—
Min Deposit$10,000
Min Balance—
UpdatedMay 12, 2026
Details
United Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.35%
Money Market Special
4.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details
for the first six months.
Hoosier Hills Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.40%
High Yield Money Market
3.85%
$0
▼
Rate3.78%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
Huntington Relationship Money Market
3.82%
$25,000
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMay 4, 2026
Details
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
High-Yield Money Market
3.82%
$25,000
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMay 4, 2026
Details
Minimum of **$25,000** not currently deposited at Huntington.
Interra Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.74%
Business LINked Money Market Share Account (Business LINked MMSA)
3.80%
$100,000
▼
Rate—
Min Deposit$100,000
Min Balance—
UpdatedMay 12, 2026
Details
Interra Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.74%
LINked Money Market Share Account (LINked MMSA)
3.80%
$10,000
▼
Rate—
Min Deposit$10,000
Min Balance—
UpdatedMay 12, 2026
Details
Everence Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
Indexed money market
3.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
Tier 1
United Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.35%
Elevate Money Market
3.65%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details
Horizon Bank Michigan City, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 2.79%
Money Market Account
3.65%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 15, 2026
Details
Learn more
State Bank of Medora
Institution Rating:
A+5.0 ★ Texas Ratio: 1.38%
Max Money Market
3.65%
$1,000
▼
Rate3.59%
Min Deposit$1,000
Min Balance—
UpdatedMay 5, 2026
Details
MIDWEST AMERICA
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
Business Gold Money Market
3.65%
$0
▼
Rate3.59%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
First Internet Bank of Indiana
Institution Rating:
A+5.0 ★ Texas Ratio: 1.39%
Money Market Savings
3.64%
$100
▼
Rate3.58%
Min Deposit$100
Min Balance—
UpdatedMay 4, 2026
Details
Hoosier Hills Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.40%
High Yield Money Market
3.55%
$0
▼
Rate3.49%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Interra Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.74%
Business LINked Money Market Share Account (Business LINked MMSA)
3.54%
$100,000
▼
Rate—
Min Deposit$100,000
Min Balance—
UpdatedMay 12, 2026
Details
Interra Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.74%
LINked Money Market Share Account (LINked MMSA)
3.52%
$10,000
▼
Rate—
Min Deposit$10,000
Min Balance—
UpdatedMay 12, 2026
Details
Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
Money Market Special
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
Money Market Special Intro rate
3.50%
$0
▼
Rate3.45%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
$15,000+
Freedom Bank Huntingburg, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 4.78%
Money Market Checking
3.40%
$0
▼
Rate3.35%
Min Deposit$0
Min Balance—
UpdatedMay 15, 2026
Details
Security FSB
Institution Rating:
A+5.0 ★ Texas Ratio: 3.44%
SecFed High Yield Money Market
3.30%
$50
▼
Rate3.25%
Min Deposit$50
Min Balance—
UpdatedMay 15, 2026
Details
Security FSB
Institution Rating:
A+5.0 ★ Texas Ratio: 3.44%
SecFed High Yield Money Market for Business
3.30%
$50
▼
Rate3.25%
Min Deposit$50
Min Balance—
UpdatedMay 15, 2026
Details
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
High-Yield Money Market
3.20%
$25,000
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMay 4, 2026
Details
Minimum of **$25,000** not currently deposited at Huntington.
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
Huntington Relationship Money Market
3.20%
$25,000
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMay 4, 2026
Details
Byline Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.13%
Advantage Money Market Account
3.15%
$25,000
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMay 4, 2026
Details
$25,000 minimum to open account. $25,000 minimum to earn 3.15% APY.
Mercer Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.73%
High-Yield Money Market Deposit Account
3.10%
$0
▼
Rate3.06%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
First Internet Bank of Indiana
Institution Rating:
A+5.0 ★ Texas Ratio: 1.39%
Money Market Savings Rate
3.09%
$100
▼
Rate—
Min Deposit$100
Min Balance—
UpdatedMay 4, 2026
Details
Earn 5x the national average**
First Internet Bank of Indiana
Institution Rating:
A+5.0 ★ Texas Ratio: 1.39%
Money Market Savings
3.09%
$100
▼
Rate3.05%
Min Deposit$100
Min Balance—
UpdatedMay 4, 2026
Details
Qualifying balance up to $1,000,000.00
Wayne Bank and Trust Co.
Institution Rating:
A+5.0 ★ Texas Ratio: 4.86%
Silver Eagle Money Market Account
3.05%
$50
▼
Rate3.01%
Min Deposit$50
Min Balance—
UpdatedMay 5, 2026
Details
Freedom Bank Huntingburg, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 4.78%
Money Market Checking
2.99%
$0
▼
Rate2.95%
Min Deposit$0
Min Balance—
UpdatedMay 15, 2026
Details
MIDWEST AMERICA
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
Century Money Market
2.85%
$100,000
▼
Rate—
Min Deposit$100,000
Min Balance—
UpdatedMay 12, 2026
Details
STAR Financial Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.20%
Money Market Preferred
2.75%
$0
▼
Rate2.72%
Min Deposit$0
Min Balance—
UpdatedMay 15, 2026
Details
F&M Bank Laotto, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 1.40%
Platinum Money Market & Above
2.66%
$1,500
▼
Rate2.62%
Min Deposit$1,500
Min Balance—
UpdatedMay 5, 2026
Details
$500,000.00
STAR Financial Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.20%
Money Market Preferred
2.65%
$0
▼
Rate2.62%
Min Deposit$0
Min Balance—
UpdatedMay 15, 2026
Details
State Bank of Medora
Institution Rating:
A+5.0 ★ Texas Ratio: 1.38%
Max Money Market
2.65%
$1,000
▼
Rate2.62%
Min Deposit$1,000
Min Balance—
UpdatedMay 5, 2026
Details
Wayne Bank and Trust Co.
Institution Rating:
A+5.0 ★ Texas Ratio: 4.86%
Silver Eagle Money Market Account
2.58%
$50
▼
Rate2.55%
Min Deposit$50
Min Balance—
UpdatedMay 5, 2026
Details
Campbell & Fetter Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.43%
First Money Market
2.53%
$100
▼
Rate2.50%
Min Deposit$100
Min Balance—
UpdatedMay 5, 2026
Details
*Minimum of $100 required to open First Money Market / (Rates may change after opening on this type of account); **Tier minimum required to obtain Annual Percentage Yield
Security FSB
Institution Rating:
A+5.0 ★ Texas Ratio: 3.44%
SecFed High Yield Money Market
2.53%
$50
▼
Rate2.50%
Min Deposit$50
Min Balance—
UpdatedMay 15, 2026
Details
Security FSB
Institution Rating:
A+5.0 ★ Texas Ratio: 3.44%
SecFed High Yield Money Market for Business
2.53%
$50
▼
Rate2.50%
Min Deposit$50
Min Balance—
UpdatedMay 15, 2026
Details
MIDWEST AMERICA
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
Business Gold Money Market
2.50%
$0
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Freedom Bank Huntingburg, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 4.78%
Money Market Checking
2.38%
$0
▼
Rate2.35%
Min Deposit$0
Min Balance—
UpdatedMay 15, 2026
Details
INDIANA STATE UNIVERSITY
Institution Rating:
A+5.0 ★ Texas Ratio: 4.14%
Money Market Account
2.25%
$0
▼
Rate2.23%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Greenfield Banking Company Greenfield, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 3.26%
Money Market
2.12%
$2,500
▼
Rate2.10%
Min Deposit$2,500
Min Balance—
UpdatedMay 4, 2026
Details
Wayne Bank and Trust Co.
Institution Rating:
A+5.0 ★ Texas Ratio: 4.86%
Silver Eagle Money Market Account
2.12%
$50
▼
Rate2.10%
Min Deposit$50
Min Balance—
UpdatedMay 5, 2026
Details
First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
Diamond Money Market
2.05%
$50,000
▼
Rate2.03%
Min Deposit$50,000
Min Balance—
UpdatedMay 5, 2026
Details
Rates can change daily, Daily compounding
First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
Diamond Money Market 4th Tier
2.05%
$50,000
▼
Rate2.03%
Min Deposit$50,000
Min Balance—
UpdatedMay 5, 2026
Details
Rates can change daily, Daily compounding
Wayne Bank and Trust Co.
Institution Rating:
A+5.0 ★ Texas Ratio: 4.86%
Silver Eagle Money Market Account
2.02%
$50
▼
Rate2.00%
Min Deposit$50
Min Balance—
UpdatedMay 5, 2026
Details
Security FSB
Institution Rating:
A+5.0 ★ Texas Ratio: 3.44%
SecFed High Yield Money Market
2.02%
$50
▼
Rate2.00%
Min Deposit$50
Min Balance—
UpdatedMay 15, 2026
Details
Security FSB
Institution Rating:
A+5.0 ★ Texas Ratio: 3.44%
SecFed High Yield Money Market for Business
2.02%
$50
▼
Rate2.00%
Min Deposit$50
Min Balance—
UpdatedMay 15, 2026
Details
Campbell & Fetter Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.43%
First Money Market
2.02%
$100
▼
Rate2.00%
Min Deposit$100
Min Balance—
UpdatedMay 5, 2026
Details
*Minimum of $100 required to open First Money Market / (Rates may change after opening on this type of account); **Tier minimum required to obtain Annual Percentage Yield
Everence Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
Indexed money market
2.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
Tier 2
Powered by
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 New Albany, Indiana 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.
New Albany, IN Money Market Rate Trends
Compare local New Albany, IN 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 — IN Avg
3.292%
Unchanged vs 7 days ago
Indiana high-yield MMA rates currently average 3.292% APY.
Standard MMA — IN Avg
0.554%
Unchanged vs 7 days ago
Indiana standard MMA rates currently average 0.554% APY.
As of May 15, 2026 • Rate data sourced from 8,500+ monitored institutions
Powered by MonitorBankRates
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our New Albany, Indiana money market 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 Money Market Rate Data: We aggregate money market deposit account rates for New Albany, Indiana 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 New Albany, Indiana. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in IN.
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 New Albany, Indiana
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 Indiana.
Are Money Market accounts in New Albany, Indiana 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 Indiana up to $250,000 per depositor, per institution.
How often do MMA rates change in New Albany, Indiana?
Money market rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Indiana 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 New Albany, Indiana?
Minimum deposit requirements vary widely. Some online money market deposit accounts can be opened with no minimum, while many banks and credit unions in New Albany, Indiana 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 New Albany, Indiana
Here are some of the highest money market account APYs currently available in New Albany, Indiana and the surrounding area:
- First Merchants Bank
Money Market Special — 3.55% APY - WesBanco Bank
Money Market Special — 3.50% APY - Truist
Small Business Money Market Account — 3.40% APY - L and N Federal Credit Union
Premier Money Market Special — 3.40% APY - Centra Credit Union
Business & Public Funds Premium Money Market Savings — 3.05% APY
Money Market Rates reflect actual verified offers from banks and credit unions actively accepting deposits in New Albany, Indiana. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: May 15, 2026
Rate Assistant
MonitorBankRates.com · Live Data
Try asking