Hoover, Alabama (AL) Savings Rates - March 2026
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The savings 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.
The best savings rates for Hoover, Alabama and the surrounding area include Avadian Credit UnionAvadian Credit Union1 Riverchase Pkwy S, Hoover, AL 35244 2008A+5.0 ★Texas Ratio: 3.11% Centsible Savings2 at 7.00% APY, Legacy Community Federal Credit UnionLegacy Community Federal Credit Union1880 Chace Dr, Hoover, AL 35244 1825A+5.0 ★Texas Ratio: 1.54% Incentive Savings at 5.00% APY, Platinum Federal Credit UnionPlatinum Federal Credit Union2020 Patton Chapel Rd, Hoover, AL 35216A+5.0 ★Texas Ratio: 1.95% High-Yield Savings at 4.00% APY, FirstBank (TN)FirstBank (TN)1021 Brocks Gap Pkwy, Hoover, AL 35244A5.0 ★Texas Ratio: 6.39% FirstUp Savings at 3.82% APY, and PNC BankPNC Bank5576 Grove Blvd, Hoover, AL 35226A5.0 ★Texas Ratio: 6.83% PNC High Yield Savings® at 3.25% APY. Savings rates as of March 26, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Hoover, Alabama, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Hoover, Alabama (AL) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Hoover, Alabama and the surrounding area. Last Updated and Verified: March 26, 2026
Compare the Best Savings Rates in Hoover, Alabama & Surrounding Communities
Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Avadian Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.11%
1 Riverchase Pkwy S, Hoover, AL 35244 2008
Centsible Savings2
7.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Qualifying balance up to $1000.00
Legacy Community Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.54%
1880 Chace Dr, Hoover, AL 35244 1825
Incentive Savings
5.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Qualifying balance up to $1,000.00
Platinum Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.95%
2020 Patton Chapel Rd, Hoover, AL 35216
High-Yield Savings
4.00%
$0
▼
Rate3.93%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Platinum Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.95%
2020 Patton Chapel Rd, Hoover, AL 35216
Youth Savings
4.00%
$0
▼
Rate3.94%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Platinum Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.95%
2020 Patton Chapel Rd, Hoover, AL 35216
High Yield Savings
4.00%
$0
▼
Rate3.93%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
FirstBank (TN)
Institution Rating:
A5.0 ★Texas Ratio: 6.39%
1021 Brocks Gap Pkwy, Hoover, AL 35244
FirstUp Savings
3.82%
$50
▼
Rate3.75%
Min Deposit$50
Min Balance—
UpdatedMar 26, 2026
Details
Qualifications Required: recurring monthly transfer totaling $50.00 or more from the FirstBank personal checking or FirstBank personal money market; Qualifying balance up to $25,000.00
Avadian Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.11%
1 Riverchase Pkwy S, Hoover, AL 35244 2008
High Yield Savings
3.50%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Qualifying balance up to $25,000.00
PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
5576 Grove Blvd, Hoover, AL 35226
PNC High Yield Savings®
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Platinum Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.95%
2020 Patton Chapel Rd, Hoover, AL 35216
College Savings Plan
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Electrical Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.71%
22 Inverness Center Pkwy, Hoover, AL 35242 4814
Round-Up Savings
1.76%
$0
▼
Rate1.75%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
North Alabama Educators Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.73%
22 Inverness Center Pkwy Ste 400, Hoover, AL 35242 4879
Super Shares Account
1.66%
$0
▼
Rate1.65%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
North Alabama Educators Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.73%
22 Inverness Center Pkwy Ste 400, Hoover, AL 35242 4879
Super Shares Account
1.51%
$0
▼
Rate1.50%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
North Alabama Educators Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.73%
22 Inverness Center Pkwy Ste 400, Hoover, AL 35242 4879
Super Shares Account
1.46%
$0
▼
Rate1.45%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
North Alabama Educators Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.73%
22 Inverness Center Pkwy Ste 400, Hoover, AL 35242 4879
Super Shares Account
1.41%
$0
▼
Rate1.40%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
North Alabama Educators Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.73%
22 Inverness Center Pkwy Ste 400, Hoover, AL 35242 4879
Super Shares Account
1.25%
$0
▼
Rate1.25%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Avadian Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.11%
1 Riverchase Pkwy S, Hoover, AL 35244 2008
IRA Savings and Education (Coverdell) Savings
1.10%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Platinum Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.95%
2020 Patton Chapel Rd, Hoover, AL 35216
Money Market Savings
1.00%
$100,000
▼
Rate1.00%
Min Deposit$100,000
Min Balance—
UpdatedMar 21, 2026
Details
Avadian Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.11%
1 Riverchase Pkwy S, Hoover, AL 35244 2008
IRA Savings and Education (Coverdell) Savings
0.90%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Avadian Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.11%
1 Riverchase Pkwy S, Hoover, AL 35244 2008
IRA Savings and Education (Coverdell) Savings
0.80%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
First Horizon
Institution Rating:
A+5.0 ★Texas Ratio: 5.08%
2765 John Hawkins Pkwy, Hoover, AL 35244
TotalView Money Market Savings
0.75%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
APCO Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.45%
4725 Chace Cir, Hoover, AL 35244 3700
HIGH-YIELD Share Account
0.75%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Avadian Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.11%
1 Riverchase Pkwy S, Hoover, AL 35244 2008
IRA Savings and Education (Coverdell) Savings
0.60%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
First Horizon
Institution Rating:
A+5.0 ★Texas Ratio: 5.08%
2765 John Hawkins Pkwy, Hoover, AL 35244
TotalView Money Market Savings
0.60%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Platinum Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.95%
2020 Patton Chapel Rd, Hoover, AL 35216
Money Market Savings
0.50%
$0
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
North Alabama Educators Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.73%
22 Inverness Center Pkwy Ste 400, Hoover, AL 35242 4879
IRA Share Account
0.50%
$0
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
eCO Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.38%
3746 Lorna Rd, HOOVER, AL 35216
Share Savings
0.50%
$0
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
First Horizon
Institution Rating:
A+5.0 ★Texas Ratio: 5.08%
2765 John Hawkins Pkwy, Hoover, AL 35244
TotalView Money Market Savings
0.50%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
eCO Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.38%
3746 Lorna Rd, HOOVER, AL 35216
Club Savings
0.50%
$0
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Electrical Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.71%
22 Inverness Center Pkwy, Hoover, AL 35242 4814
IRA Shares
0.45%
$0
▼
Rate0.45%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
AlaTrust Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.33%
1810 Merchants Dr, Hoover, AL 35244 1005
Share and IRA Share Accounts
0.40%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Social Security Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.50%
2700 Corporate Dr Ste 200, Hoover, AL 35242 2733
Savings
0.35%
$0
▼
Rate0.35%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
($25.00 minimum balance required) (You must maintain a minimum average daily balance of $100.00 in your account to obtain the disclosed annual percentage yield)
AlaTrust Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.33%
1810 Merchants Dr, Hoover, AL 35244 1005
Share and IRA Share Accounts
0.30%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
eCO Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.38%
3746 Lorna Rd, HOOVER, AL 35216
Club Savings
0.30%
$0
▼
Rate0.30%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
eCO Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.38%
3746 Lorna Rd, HOOVER, AL 35216
Share Savings
0.30%
$0
▼
Rate0.30%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Avadian Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.11%
1 Riverchase Pkwy S, Hoover, AL 35244 2008
Business Savings Accounts
0.30%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
First Horizon
Institution Rating:
A+5.0 ★Texas Ratio: 5.08%
2765 John Hawkins Pkwy, Hoover, AL 35244
Traditional Savings
0.25%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Union State Bank Pell City, AL
Institution Rating:
A+5.0 ★Texas Ratio: 2.31%
3437 Lorna Rd, Hoover, AL 35216
Regular Savings
0.20%
$0
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
First Horizon
Institution Rating:
A+5.0 ★Texas Ratio: 5.08%
2765 John Hawkins Pkwy, Hoover, AL 35244
Money Market Savings
0.15%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
First Horizon
Institution Rating:
A+5.0 ★Texas Ratio: 5.08%
2765 John Hawkins Pkwy, Hoover, AL 35244
Money Market Savings
0.10%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
FirstBank (TN)
Institution Rating:
A5.0 ★Texas Ratio: 6.39%
1021 Brocks Gap Pkwy, Hoover, AL 35244
Basic Savings
0.05%
$50
▼
Rate0.05%
Min Deposit$50
Min Balance—
UpdatedMar 26, 2026
Details
FirstBank (TN)
Institution Rating:
A5.0 ★Texas Ratio: 6.39%
1021 Brocks Gap Pkwy, Hoover, AL 35244
UTMA-Minor Savings
0.05%
$25
▼
Rate0.05%
Min Deposit$25
Min Balance—
UpdatedMar 26, 2026
Details
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
1600 Montgomery Hwy, Hoover, AL 35216
Retirement High Yield Savings
0.05%
$0
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
1600 Montgomery Hwy, Hoover, AL 35216
Platinum Savings
0.05%
$25
▼
Rate0.05%
Min Deposit$25
Min Balance—
UpdatedMar 22, 2026
Details
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
5576 Grove Blvd, Hoover, AL 35226
Standard Savings
0.03%
$0
▼
Rate0.03%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
1600 Montgomery Hwy, Hoover, AL 35216
Platinum Savings
0.02%
$25
▼
Rate0.02%
Min Deposit$25
Min Balance—
UpdatedMar 22, 2026
Details
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
5576 Grove Blvd, Hoover, AL 35226
Standard Savings
0.02%
$0
▼
Rate0.02%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
1600 Montgomery Hwy, Hoover, AL 35216
Way2Save® Savings
0.01%
$25
▼
Rate0.01%
Min Deposit$25
Min Balance—
UpdatedMar 22, 2026
Details
$25 minimum opening deposit
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
1600 Montgomery Hwy, Hoover, AL 35216
Platinum Savings
0.01%
$25
▼
Rate0.01%
Min Deposit$25
Min Balance—
UpdatedMar 22, 2026
Details
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
First US Bank (AL)
Institution Rating:
A+5.0 ★Texas Ratio: 3.21%
131 Main St, Grove Hill, AL 36451
NextGEN Savings
5.12%
$5
▼
Rate0.00%
Min Deposit$5
Min Balance—
UpdatedMar 26, 2026
Details
Qualifying balance up to $500.00
Hancock Whitney Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.59%
50 N Royal St, Mobile, AL 36602
Freestyle Savings Account
2.75%
$0
▼
Rate2.72%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Hancock Whitney Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.59%
50 N Royal St, Mobile, AL 36602
Freestyle Savings Account
2.50%
$0
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Hancock Whitney Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.59%
50 N Royal St, Mobile, AL 36602
Freestyle Savings Account
2.25%
$0
▼
Rate2.23%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Bank of Hope
Institution Rating:
A+5.0 ★Texas Ratio: 3.52%
1605 Eastern Blvd, Montgomery, AL 36117
Kids Savings
2.00%
$25
▼
Rate0.00%
Min Deposit$25
Min Balance—
UpdatedMar 25, 2026
Details
Complimentary Kids Savings stackable money bank and passbook at new account opening
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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.
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.
Hoover, AL Savings Rate Trends
Compare local Hoover, AL savings rate quotes against the statewide average
Weekly savings rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
High-Yield Savings — AL Avg
1.084%
▼ 0.398 from last week
Alabama high-yield savings rates fell 0.398 points this week to 1.084% APY, down from 1.482% last week.
Standard Savings — AL Avg
0.528%
▲ 0.193 from last week
Alabama standard savings rates rose 0.193 points this week to 0.528% APY, up from 0.335% last week.
As of Mar 26, 2026 •
Rate data sourced from 8,500+ monitored institutions
Powered by MonitorBankRates
Methodology & Data Sources
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Hoover, 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 savings 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 Hoover, Alabama. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in AL.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly, every product listed features its own specific “last updated” date, giving you complete transparency.
Frequently Asked Questions about Savings Accounts in Hoover, Alabama
What is a High-Yield Savings Account (HYSA)?
A High-Yield Savings Account (HYSA) typically pays significantly higher interest than standard accounts at national brick-and-mortar banks. These accounts, often found at online banks or local credit unions in Alabama, help your money grow faster through a higher APY.
Are savings accounts in Hoover, 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 savings rates change in Hoover, Alabama?
Savings 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.
Do I need a minimum deposit to open a savings account?
It depends on the bank. Many online high-yield savings accounts have no minimum deposit requirement, while some traditional banks in Hoover, Alabama may require $25–$100 to open an account.
What is the difference between a Savings Account and a Money Market Account?
Both pay interest and are federally insured. Money Market Accounts (MMAs) often come with check-writing privileges or a debit card, making them more flexible, whereas standard savings accounts typically do not.
Are online banks better than local banks in Hoover, Alabama?
Online banks often offer higher APYs because they have lower overhead costs. However, local banks in Hoover, Alabama offer in-person customer service, which some customers prefer.
How do I open a savings account in Hoover, Alabama?
You can open a savings account online or in-person. You will generally need a government-issued ID, your Social Security number, and an initial deposit to get started.
Best Savings Rates in Hoover, Alabama
Here are recent savings rates observed in Hoover, Alabama and the surrounding area:
- Avadian Credit Union
Centsible Savings2 — 7.00% APY - Legacy Community Federal Credit Union
Incentive Savings — 5.00% APY - Platinum Federal Credit Union
High-Yield Savings — 4.00% APY - FirstBank (TN)
FirstUp Savings — 3.82% APY - PNC Bank
PNC High Yield Savings® — 3.25% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Hoover, Alabama. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 26, 2026
