Maryland Savings Account Rates: Banks Versus Credit Unions
Both community banks and credit unions have garnered reputations as sources of excellent interest rates, which is great to know when you’re looking for the highest rate on your Maryland savings account. Of course, only one financial institution in the state can have the very best interest rate of all, and you probably want to know where that is. Is it the nearby bank or your community credit union? You’re about to find out.
Below is a list of the best savings account rates in Maryland, split up by credit unions and banks. Did your financial institution make the list?
Maryland Banks with the Highest Savings Rates
- Hopkins Federal Savings Bank: 1.11%
- Wilmington Trust FSB: 1.01%
- Kopernik Federal Bank: 0.75%
- Homewood Federal Savings Bank: 0.75%
- Bay-Vanguard Federal Savings Bank: 0.35%
Credit Unions in Maryland with the Best Savings Interest Rates
- Healthcare United Credit Union: 0.77%
- Automotive Aftermarket Employee Credit Union: 0.75%
- Allegany Co Teachers Credit Union: 0.75%
- Point Breeze Credit Union: 0.5%
- Cecil County School Employees Credit Union: 0.5%
Please note that these rates are accurate as of 6/17/11, but are subject to change at any time.
