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Florida Savings Rate Trends

Tallahassee, Florida (FL) Savings Rates - March 2026

The best savings rates for Tallahassee, Florida and the surrounding area include Hancock Whitney BankHancock Whitney Bank2105 Capital Cir Ne, Tallahassee, FL 32308A+5.0 ★Texas Ratio: 2.59% Freestyle Savings Account at 2.75% APY, First Commerce Credit UnionFirst Commerce Credit Union2330 Mahan Dr, Tallahassee, FL 32308A+5.0 ★Texas Ratio: 4.91% Share Savings Account at 2.53% APY, TMH Federal Credit UnionTMH Federal Credit Union345 S Magnolia Dr, Tallahassee, FL 32301A+5.0 ★Texas Ratio: 5.81% Active Asset MMA at 0.50% APY, Central Credit Union of FloridaCentral Credit Union of Florida580 Appleyard Dr, Tallahassee, FL 32304A+5.0 ★Texas Ratio: 3.55% Regular Shares at 0.30% APY, and FAMU Florida A&M University FCUFAMU Florida A&M University FCU1610 S Monroe St, Tallahassee, FL 32301 5524A+5.0 ★ Share IRA at 0.10% APY. Savings rates as of March 27, 2026 according to verified data from MonitorBankRates.

To see how these savings rates in Tallahassee, Florida, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Tallahassee, Florida (FL) are continually updated — we recommend checking back frequently.

Savings rates reflect recent market quotes and representative offers available to depositors in Tallahassee, Florida and the surrounding area. Last Updated and Verified: March 27, 2026

Compare the Best Savings Rates in Tallahassee, Florida & Surrounding Communities

Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Hancock Whitney Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.59%
2105 Capital Cir Ne, Tallahassee, FL 32308
Freestyle Savings Account
2.75%
$0
Rate2.72%
Min Deposit$0
Min Balance
UpdatedMar 27, 2026
Details

First Commerce Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.91%
2330 Mahan Dr, Tallahassee, FL 32308
Share Savings Account
2.53%
$5
Rate2.50%
Min Deposit$5
Min Balance
UpdatedMar 26, 2026
Details

Qualifying balance up to $3,000.00

First Commerce Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.91%
2330 Mahan Dr, Tallahassee, FL 32308
Summer Camp Savings Club
2.50%
$5
Rate0.00%
Min Deposit$5
Min Balance
UpdatedMar 26, 2026
Details

Qualifying balance up to $3,000.00

Hancock Whitney Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.59%
2105 Capital Cir Ne, Tallahassee, FL 32308
Freestyle Savings Account
2.50%
$0
Rate2.47%
Min Deposit$0
Min Balance
UpdatedMar 27, 2026
Details

Hancock Whitney Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.59%
2105 Capital Cir Ne, Tallahassee, FL 32308
Freestyle Savings Account
2.25%
$0
Rate2.23%
Min Deposit$0
Min Balance
UpdatedMar 27, 2026
Details

TMH Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.81%
345 S Magnolia Dr, Tallahassee, FL 32301
Active Asset MMA
0.50%
$2,000
Rate0.50%
Min Deposit$2,000
Min Balance
UpdatedMar 21, 2026
Details

TMH Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.81%
345 S Magnolia Dr, Tallahassee, FL 32301
Pinnacle Share Draft
0.50%
$0
Rate0.50%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

TMH Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.81%
345 S Magnolia Dr, Tallahassee, FL 32301
Silver Select Share Draft (Age 55 & Over)
0.50%
$0
Rate0.50%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Central Credit Union of Florida
Institution Rating:
A+5.0 ★Texas Ratio: 3.55%
580 Appleyard Dr, Tallahassee, FL 32304
Regular Shares
0.30%
$0
Rate0.30%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

First Commerce Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.91%
2330 Mahan Dr, Tallahassee, FL 32308
Savings Account
0.15%
$5
Rate0.15%
Min Deposit$5
Min Balance
UpdatedMar 26, 2026
Details

First Commerce Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.91%
2330 Mahan Dr, Tallahassee, FL 32308
Share Savings Account
0.15%
$0
Rate0.15%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

$15,000 - $24,999.99

TMH Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.81%
345 S Magnolia Dr, Tallahassee, FL 32301
Silver Select Share Draft (Age 55 & Over)
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

TMH Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.81%
345 S Magnolia Dr, Tallahassee, FL 32301
Rainy Day Savings Share
0.10%
$5
Rate0.10%
Min Deposit$5
Min Balance
UpdatedMar 21, 2026
Details

FAMU Florida A&M University FCU
Institution Rating:
A+5.0 ★
1610 S Monroe St, Tallahassee, FL 32301 5524
Share IRA
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 23, 2026
Details

$5 Min Opening

FAMU Florida A&M University FCU
Institution Rating:
A+5.0 ★
1610 S Monroe St, Tallahassee, FL 32301 5524
Share/Savings
0.10%
$5
Rate0.10%
Min Deposit$5
Min Balance
UpdatedMar 23, 2026
Details

$5 Min Opening

TMH Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.81%
345 S Magnolia Dr, Tallahassee, FL 32301
Christmas Share
0.10%
$5
Rate0.10%
Min Deposit$5
Min Balance
UpdatedMar 21, 2026
Details

TMH Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.81%
345 S Magnolia Dr, Tallahassee, FL 32301
IRA Shares
0.10%
$25
Rate0.10%
Min Deposit$25
Min Balance
UpdatedMar 21, 2026
Details

TMH Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.81%
345 S Magnolia Dr, Tallahassee, FL 32301
Pinnacle Share Draft
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

TMH Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.81%
345 S Magnolia Dr, Tallahassee, FL 32301
Plus Share Draft
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

TMH Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.81%
345 S Magnolia Dr, Tallahassee, FL 32301
Regular Share
0.10%
$5
Rate0.10%
Min Deposit$5
Min Balance
UpdatedMar 21, 2026
Details

TMH Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.81%
345 S Magnolia Dr, Tallahassee, FL 32301
Vacation Share
0.10%
$5
Rate0.10%
Min Deposit$5
Min Balance
UpdatedMar 21, 2026
Details

Hello Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
3115 Conner Blvd, Tallahassee, FL 32311
Youth Savings
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 27, 2026
Details

First Commerce Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.91%
2330 Mahan Dr, Tallahassee, FL 32308
Share Savings Account
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

$5,000 - $14,999.99

Gulf Winds Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.94%
1447 Mahan Dr, Tallahassee, FL 32308
Secondary Business Share Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

Gulf Winds Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.94%
1447 Mahan Dr, Tallahassee, FL 32308
Share IRA
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

FAMU Florida A&M University FCU
Institution Rating:
A+5.0 ★
1610 S Monroe St, Tallahassee, FL 32301 5524
Share/Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 23, 2026
Details

$5 Min Opening

First Commerce Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.91%
2330 Mahan Dr, Tallahassee, FL 32308
Share Savings Account
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

$2,500 - $4,999.99

Gulf Winds Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.94%
1447 Mahan Dr, Tallahassee, FL 32308
Business Share Savings
0.05%
$5
Rate0.05%
Min Deposit$5
Min Balance
UpdatedMar 26, 2026
Details

Gulf Winds Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.94%
1447 Mahan Dr, Tallahassee, FL 32308
Holiday Share Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

Gulf Winds Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.94%
1447 Mahan Dr, Tallahassee, FL 32308
Primary Share Savings
0.05%
$5
Rate0.05%
Min Deposit$5
Min Balance
UpdatedMar 26, 2026
Details

Gulf Winds Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.94%
1447 Mahan Dr, Tallahassee, FL 32308
Secondary Share Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

Hancock Whitney Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.59%
2105 Capital Cir Ne, Tallahassee, FL 32308
Freestyle Savings Account
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 27, 2026
Details

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
1201 N Monroe St, Tallahassee, FL 32303
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

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
1201 N Monroe St, Tallahassee, FL 32303
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%
1201 N Monroe St, Tallahassee, FL 32303
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

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
1201 N Monroe St, Tallahassee, FL 32303
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

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
1201 N Monroe St, Tallahassee, FL 32303
Way2Save® Savings
0.01%
$25
Rate0.01%
Min Deposit$25
Min Balance
UpdatedMar 22, 2026
Details

$25 minimum opening deposit

FAMU Florida A&M University FCU
Institution Rating:
A+5.0 ★
1610 S Monroe St, Tallahassee, FL 32301 5524
Share Draft/Checking
0.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 23, 2026
Details

$5 Min Opening

FAMU Florida A&M University FCU
Institution Rating:
A+5.0 ★
1610 S Monroe St, Tallahassee, FL 32301 5524
Share Escrow
0.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 23, 2026
Details

$5 Min Opening

BayFirst National Bank
Institution Rating:
A5.0 ★Texas Ratio: 10.71%
700 Central Ave, Saint Petersburg, FL 33701
Cash Kids Club Savings
4.94%
$10
Rate4.82%
Min Deposit$10
Min Balance
UpdatedMar 16, 2026
Details

Qualifying balance up to $500.00

Newtek Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.72%
1111 Brickell Ave, Miami, FL 33131
Personal High Yield Savings
4.20%
$100
Rate0.00%
Min Deposit$100
Min Balance
UpdatedMar 27, 2026
Details

Climate First Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
182 37th Ave N, Saint Petersburg, FL 33704
Super Duper Savings
4.01%
$50
Rate0.00%
Min Deposit$50
Min Balance
UpdatedMar 25, 2026
Details

No minimum balance

EverBank
Institution Rating:
B4.5 ★Texas Ratio: 20.65%
4211 San Juan Ave, Jacksonville, FL 32210
Performance® Savings
3.90%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

First Foundation Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.45%
1055 Crosspointe Dr, Naples, FL 34110
Online Savings
3.75%
$1,000
Rate0.00%
Min Deposit$1,000
Min Balance
UpdatedMar 22, 2026
Details

MidWestOne Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.78%
4099 Tamiami Trl N, Naples, FL 34103
Business High-Yield Savings
3.60%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Contact your local banker for more details!

MidWestOne Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.78%
4099 Tamiami Trl N, Naples, FL 34103
High Yield Savings
3.60%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Introductory APY

MidWestOne Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.78%
4099 Tamiami Trl N, Naples, FL 34103
Business High Yield Savings
3.60%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Introductory APY

MidWestOne Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.78%
4099 Tamiami Trl N, Naples, FL 34103
High-Yield Savings
3.60%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Contact your local banker for more details!

Climate First Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
182 37th Ave N, Saint Petersburg, FL 33704
Super Savings
3.56%
$50
Rate3.50%
Min Deposit$50
Min Balance
UpdatedMar 25, 2026
Details

E-statements or $5 paper statements

Climate First Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
182 37th Ave N, Saint Petersburg, FL 33704
Youth Savings
3.56%
$25
Rate3.50%
Min Deposit$25
Min Balance
UpdatedMar 25, 2026
Details

no monthly service fee. The interest rate is 3.50% with an annual percentage yield (APY) of 3.56%, accurate as of 11-19-2025 and subject to change. E-statements are provided at no charge, and paper statements are available for a $5.00 monthly fee.

The Huntington National Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.60%
8889 Pelican Bay Blvd, Naples, FL 34108
High-Yield Savings
3.55%
$5,000
Rate0.00%
Min Deposit$5,000
Min Balance
UpdatedMar 27, 2026
Details

Minimum of $5,000 not currently deposited at Huntington.

MidWestOne Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.78%
4099 Tamiami Trl N, Naples, FL 34103
Business High Yield Savings
3.35%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Introductory APY

MidWestOne Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.78%
4099 Tamiami Trl N, Naples, FL 34103
High Yield Savings
3.35%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Introductory APY

Axiom Bank
Institution Rating:
A-4.9 ★Texas Ratio: 16.62%
258 Southhall Ln, Maitland, FL 32751
Goal Savings
3.25%
$25
Rate3.20%
Min Deposit$25
Min Balance
UpdatedMar 25, 2026
Details

Qualifying balance up to $250,000

PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
200 E Broad St, Groveland, FL 34736
PNC High Yield Savings®
3.25%
$0
Rate3.20%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Axiom Bank
Institution Rating:
A-4.9 ★Texas Ratio: 16.62%
258 Southhall Ln, Maitland, FL 32751
SMB Savings
3.25%
$25
Rate3.20%
Min Deposit$25
Min Balance
UpdatedMar 25, 2026
Details

HSBC Bank USA
Institution Rating:
A+5.0 ★Texas Ratio: 3.89%
2950 Aventura Blvd, Aventura, FL 33180
Premier Relationship Savings
3.20%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

RELATIONSHIP

Citizens First Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.33%
1050 Lake Sumter Lndg, The Villages, FL 32162
Savings
3.15%
$2,500
Rate3.10%
Min Deposit$2,500
Min Balance
UpdatedMar 25, 2026
Details

ConnectOne Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.57%
625 N Flagler Dr, West Palm Beach, FL 33401
Connection Plus Savings
3.10%
$2,500
Rate3.05%
Min Deposit$2,500
Min Balance
UpdatedMar 25, 2026
Details

MidWestOne Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.78%
4099 Tamiami Trl N, Naples, FL 34103
Business High Yield Savings
3.10%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Introductory APY

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.

Tallahassee, FL Savings Rate Trends

Compare local Tallahassee, FL 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.

View Full Florida Savings Trends →
High-Yield Savings — FL Avg
0.653%
▼ 3.048 from last week

Florida high-yield savings rates fell 3.048 points this week to 0.653% APY, down from 3.701% last week.

Standard Savings — FL Avg
0.799%
▼ 2.565 from last week

Florida standard savings rates fell 2.565 points this week to 0.799% APY, down from 3.363% last week.

As of Mar 28, 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 Tallahassee, Florida 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 Tallahassee, Florida. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in FL.

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 Tallahassee, Florida

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 Florida, help your money grow faster through a higher APY.

Are savings accounts in Tallahassee, Florida 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 Florida up to $250,000 per depositor, per institution.

How often do savings rates change in Tallahassee, Florida?

Savings rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Florida 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 Tallahassee, Florida 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 Tallahassee, Florida?

Online banks often offer higher APYs because they have lower overhead costs. However, local banks in Tallahassee, Florida offer in-person customer service, which some customers prefer.

How do I open a savings account in Tallahassee, Florida?

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 Tallahassee, Florida

Here are recent savings rates observed in Tallahassee, Florida and the surrounding area:
  • Hancock Whitney Bank
    Freestyle Savings Account — 2.75% APY
  • First Commerce Credit Union
    Share Savings Account — 2.53% APY
  • TMH Federal Credit Union
    Active Asset MMA — 0.50% APY
  • Central Credit Union of Florida
    Regular Shares — 0.30% APY
  • FAMU Florida A&M University FCU
    Share IRA — 0.10% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Tallahassee, Florida. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 27, 2026