Too often people put money into an account and don’t think much of it until there’s a problem. However, if you’re serious about saving money, you should spend a little time looking into deposit account interest rates at banks and credit unions near you. Not only will researching nearby offers turn up great savings and CD rates–usually, better than the national average–a local institution will ensure your financial goals are met. 
Maryland Banking Rates
Compare the Best Local RatesOur Featured Maryland Bank Rate
More Banks and Credit Unions in Maryland and Surrounding Areas
1st Alliance Credit Union724 York Road, 1St Floor
Baltimore, MD 21204 1st Mariner Bank
8835 Centre Park Drive Ste 100
Columbia, MD 21045-2114 Advance Bank
6669 Security Boulevard, Suite 5
Baltimore, MD 21207 Al Gar Credit Union
316 Paca Street
Cumberland, MD 21502 Allegany Co Teachers Credit Union
14316 National Hwy Sw
Lavale, MD 21502 American Hammered Credit Union
P.O. Box 626
Baltimore, MD 21203 Andrews Federal Credit Union
5711 Allentown Road #400
Suitland, MD 20746 Anne Arundel Co Employees Credit Union
P.O, Box 1385
Millersville, MD 21108
Why just put your money in any Maryland bank account when you could actually earn money while saving? There are so many options today, you can have your pick of the best bank accounts and rates. While shopping around for the account that best suits your needs, it’s important that you consider a few key factors, including: Interest rates, banking fees and minimum deposit amounts.
Now that we’re in a new month, it’s a good time to take a look at current interest rates in Maryland.
Maryland Banking Rates has compiled a list of the best interest rates in the city for savings accounts and certificates of deposit. Find out if your accounts measure up or if it’s time to open a new one with a better rate.
Even though mortgage interest rates across the nation are sitting at record lows right now, not all lenders are offering affordable home loan products. The interest rates provided by individual lenders vary greatly, as do the loan terms, so finding a mortgage lender like First Choice Bank who can give you both a competitive interest rate and low fees will make a huge difference in whether you can afford to buy a home today.
CD rates in have remained relatively steady over the past month, but there has been some movement. For anyone searching for the best CD rates today, below is a list of the top offers from banks and credit unions in , Maryland:
Highest 6-Month CD Rates
- Cecil County School Employees Credit Union: 2.01%
- Hopkins Federal Savings Bank: 1.76%
- Realtors Credit Union: 1.51%
Top 12-Month CD Rates
- 1st Alliance Credit Union: 3%
- Cecil County School Employees Credit Union: 2.26%
- Potomac Credit Union: 2.02%
Best 24-Month CD Rates in
- 1st Alliance Credit Union: 4%
- Potomac Credit Union: 2.53%
- Cecil County School Employees Credit Union: 2.52%
Please note that these rates are accurate as of the publish date but are subject to change at any time in the future.
If you live in the state of Maryland and are thinking about opening a 2 Year CD account, there are certain account characteristics you’ll need to consider before choosing the best account for you. Things like the minimum balance required and term length of your CD are important, but the interest rate you’ll earn is at the top of the list.
Longer term lengths generally yield higher CD rates, which is why a 24-month CD is a great investment option. That doesn’t necessarily mean every 2 year CD rate is good, however. Maryland Banking Rates can help familiarize you with the rates available in state and find the rates that are truly competitive for the area.
Maryland Banking Rates is your complete financial resource. We keep you informed of todays prime rates and help you find the lowest interest rates in Maryland. Some rates include:
- Maryland mortgage refinance rates
- Maryland CD rates and savings account rates
- More bank rate information available from US Banking Rates
Maryland Banking Rates connects people with the most up to date rate information for mortgage, insurance, and more. Before you make another financial decision, be sure to check our network of financial institutions first. To get the lowest rate possible, start with a free credit report so you can get the best rate possible.
