Current Hernando, Mississippi and the surrounding area money market deposit account rates include First HorizonFirst Horizon500 E Commerce St, Hernando, MS 38632A+5.0 ★Texas Ratio: 5.08% TotalView Money Market Savings at 0.75% APY, Baxter Credit UnionBaxter Credit UnionA5.0 ★Texas Ratio: 7.73% Money Market Special at 3.50% APY, TruistTruistA+5.0 ★Texas Ratio: 3.63% Small Business Money Market Account at 3.40% APY, Red River Employees Federal Credit UnionRed River Employees Federal Credit UnionA+5.0 ★Texas Ratio: 5.10% Commercial Money Market at 3.35% APY, and First National Bank of ClarksdaleFirst National Bank of ClarksdaleA5.0 ★Texas Ratio: 7.27% Commercial Investment Money Market at 3.25% APY. Money market rates as of May 12, 2026 according to verified data from MonitorBankRates.
Hernando has 1 local institution in our database, with money market rates as high as 0.75% APY from First Horizon at 500 E Commerce St, Hernando, MS 38632. Use the table below to compare all available offers, including options from institutions serving the broader Mississippi area. Rates are continually updated — we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in Hernando, Mississippi and surrounding area. Last Updated and Verified: May 12, 2026
$15,000+
($2,500 Opening Balance)
Open $100,000
On balances of $25,000+
($2,500 Opening Balance)
Variable: Prime-3.75%
($2,500 Opening Balance)
($2,500 Opening Balance)
($2,500 Opening Balance)
**$100 minimum opening deposit
($2,500 Opening Balance)
Open $100,000
Minimum Deposit $1000
Over $100,000; ($1,000 Minimum)
($2,500 Opening Balance)
$15,000+
Compare local Hernando, MS 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.
Mississippi high-yield MMA rates rose 0.011 points over the past 7 days to 3.070% APY.
Mississippi standard MMA rates currently average 1.085% APY.
Direct-Sourced & Verified Money Market Rate Data: We aggregate money market deposit account rates for Hernando, 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 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 Hernando, Mississippi. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in MS.
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.