Best Local Bank Savings and Money Market Rates in Cypress, California, CA July 16, 2025

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If you have your savings dollars in a big bank or a bank with low savings rates, then you are losing money. We've found FDIC insured banks that will pay you more. Take a few minutes to explore the options below and see how you can boost your savings by more than 6X the national average rate. There is competition for your money. Take advantage of it!

Cypress, CA - July 16, 2025

Savings Account National Average Rate: 0.45% ^?

Banks	APY	MIN
Citibank, National Association Hermosa Beach Branch	4.35% 0.20%	$0 $1	Learn More
Promotional rate for 3 months up to $11,000. Requires $25,000 in new deposits within 10 days of registration. After 3 month promotional period, rate reverts to between 0.03% and 0.12%. Rate History: 5.00% → 4.75% → 5.00% → 4.50% → 4.35%
Azoic \| Feb 25, 2022 I joined Citi with a Costco-VISA card. An Accelerate followed, and then a checking account. Costco-VISA is necessary for using a credit card at Costco, otherwise cash is necessary. Accelerate Savings w... Read More Reviews (22)
Umpqua Bank Torrance Store Branch	4.35% 0.10% 0.05%	$100,000 $25,000 $0	Learn More
Rate History: 4.55% → 4.35%
Austin \| Aug 25, 2021 I have banked with Umpqua in Gig Harbor since 2013 and although there money market rates are not good didn’t have much problem until I moved to Spokane and started using this branch on south hill. They ... Read More Reviews (2)
Umpqua Bank Torrance Store Branch	4.20% 1.00% 0.50%	$10,000 $1,000,000 $250,000	Learn More
Rate History: 4.40% → 4.20%
Austin \| Aug 25, 2021 I have banked with Umpqua in Gig Harbor since 2013 and although there money market rates are not good didn’t have much problem until I moved to Spokane and started using this branch on south hill. They ... Read More Reviews (2)
Ctbc Bank Corp. (usa) Ctbc Bank Corp. (Usa) Branch	3.80%	$50,000	Learn More Add Review
Beal Bank Irvine Branch	3.75%	$500	Learn More Add Review
Rate History: 4.25% → 3.75%
Hsbc Bank Usa, National Association Rolling Hills Estates Branch	3.60% 0.01%	$1 $0	Learn More
Rate History: 4.00% → 3.85% → 3.75% → 3.70% → 3.60%
john \| Apr 14, 2020 I call HSBC they told me they don't have 1.85 1 year CD. current CD is 0.8 / year Read More Reviews (3)
Banner Bank Los Angeles Branch	3.51% 2.69% 2.38% 2.02%	$1,000,000 $100,000 $50,000 $25,000	Learn More
Rate History: 1.00% → 3.56% → 3.51%
Unhappy \| Mar 25, 2020 Banner bank is sometimes hard to work with. If you have a construction loan to get a disbursement you fill out a sheet with the line item (not a big deal). Then they schedule an inspection that you pay $... Read More Reviews (1)
Beal Bank Irvine Branch	3.50% 3.25%	$25,000 $1,000	Learn More Add Review
Rate History: 4.00% → 3.50%
Community Commerce Bank Monterey Park Branch	3.30%	$50	Learn More
Rate History: 3.57% → 3.56% → 3.30%
samcasino \| Mar 5, 2021 The best rate on any CD or savings account is .40% Read More Reviews (2)
Bank Of Hope Torrance Market Branch	3.05%	$1,000	Learn More
NORTY FLATZ \| Dec 3, 2019 Have done business with "Hope's" San Diego branch for a few years. Always courteous and helpful. Looking forward to doing business with them in the future. Read More Reviews (1)
Bank Of Whittier, National Association Bank Of Whittier, National Association Branch	2.60%	$250	Learn More Add Review
American Plus Bank, N.a. Pasadena Branch	2.50% 2.20%	$500,000 $50,000	Learn More Add Review
Capital One, National Association	2.50%	$1	Learn More
highstream \| Jan 2, 2024 Like others, I've been with Capital One and its predecessor ING Direct since 2007. I've also been getting cheap bank rates on my savings account and didn't realize that there was something better, although... Read More Reviews (16)
Homestreet Bank Harbor City Branch	2.30% 1.75% 1.00%	$500,000 $150,000 $50,000	Learn More Add Review
Amalgamated Bank Amalgamated Bank Branch	2.07% 1.71% 1.00% 0.15%	$100,000 $50,000 $25,000 $0	Learn More Add Review
Rate History: 2.27% → 5.25% → 2.27% → 2.17% → 2.07%
Zions Bancorporation, N.a. Culver City Branch	2.02% 1.71% 1.51% 0.80%	$500,000 $250,000 $100,000 $5,000	Learn More Add Review
American Plus Bank, N.a. Pasadena Branch	1.85% 0.50%	$10,000 $100,000	Learn More Add Review
Zions Bancorporation, N.a. Culver City Branch	1.46% 0.70%	$100,000 $1,000	Learn More Add Review
Rate History: 2.02% → 1.46%
Amalgamated Bank Amalgamated Bank Branch	1.36%	$100,000	Learn More Add Review
Rate History: 1.26% → 1.76% → 1.51% → 1.41% → 1.36%
California International Bank, N.a. California International Bank, N.A. Branch	0.60%	$10,000	Learn More Add Review
Habib American Bank Los Angeles Branch	0.60%	$1,500	Learn More
Ryan \| Feb 13, 2018 Is it legal to bring someone into the branch and shake them down and threaten them when they want to redeem their CD upon maturity (as opposed to allowing it to automatically renew)? If not, these guys an... Read More Reviews (2)
Habib American Bank Los Angeles Branch	0.60%	$500	Learn More
Rate History: 0.35% → 0.60%
Ryan \| Feb 13, 2018 Is it legal to bring someone into the branch and shake them down and threaten them when they want to redeem their CD upon maturity (as opposed to allowing it to automatically renew)? If not, these guys an... Read More Reviews (2)
Commonwealth Business Bank South Bay Branch	0.40%	$2,500	Learn More
RHG \| Jan 29, 2019 The Bank does not have this product. Read More Reviews (1)
Oneunited Bank Ladera Heights Branch	0.40% 0.30% 0.20%	$201 $25,000 $200	Learn More Add Review
California Business Bank California Business Bank Branch	0.35%	$2,500	Learn More Add Review
United Pacific Bank San Gabriel Valley Regional Office Branch	0.35%	$25,000	Learn More Add Review
Commonwealth Business Bank South Bay Branch	0.35%	$10,000	Learn More
RHG \| Jan 29, 2019 The Bank does not have this product. Read More Reviews (1)
State Bank Of India (california) State Bank Of India (California) Branch	0.30% 0.25% 0.20%	$100 $50,000 $500	Learn More Add Review
Shinhan Bank America Torrance Branch	0.30%	$25,000	Learn More
Lori Kroko \| Mar 10, 2021 I think that it is absolutely despicable that I have been a customer of the Bank for more than 8 years and I bring in rolled coins with my account number on each wrapper and I am charged 5% fee. Cost me $3... Read More Reviews (1)
Tustin Community Bank Tustin Community Bank Branch	0.25%	$10,000	Learn More Add Review
Cathay Bank Torrance Branch	0.25% 0.20%	$1,000,000 $500,000	Learn More Add Review
United Pacific Bank San Gabriel Valley Regional Office Branch	0.25%	$2,500	Learn More Add Review
Commonwealth Business Bank South Bay Branch	0.25%	$2,500	Learn More
RHG \| Jan 29, 2019 The Bank does not have this product. Read More Reviews (1)
Community Commerce Bank Monterey Park Branch	0.25%	$50	Learn More
samcasino \| Mar 5, 2021 The best rate on any CD or savings account is .40% Read More Reviews (2)
Shinhan Bank America Torrance Branch	0.20%	$2,500	Learn More
Lori Kroko \| Mar 10, 2021 I think that it is absolutely despicable that I have been a customer of the Bank for more than 8 years and I bring in rolled coins with my account number on each wrapper and I am charged 5% fee. Cost me $3... Read More Reviews (1)
Golden State Bank Brea Branch	0.20%	$25,000	Learn More Add Review
Us Metro Bank Us Metro Bank Branch	0.20%	$25,000	Learn More Add Review
First Commercial Bank (usa) First Commercial Bank (Usa) Branch	0.20% 0.15%	$10,000 $2,500	Learn More Add Review
Calprivate Bank San Diego Private Bank Branch	0.20%	$25,000	Learn More Add Review
First National Bank In Frankfort	0.20%	$0	Learn More Add Review
Zions Bancorporation, N.a. Culver City Branch	0.19% 0.16%	$100,000 $0	Learn More Add Review
United Pacific Bank San Gabriel Valley Regional Office Branch	0.18%	$2,500	Learn More Add Review
California International Bank, N.a. California International Bank, N.A. Branch	0.16%	$2,500	Learn More Add Review
Friendly Hills Bank Sfs Branch	0.15%	$25,000	Learn More Add Review
Industrial And Commercial Bank Of China Usa, National Association Torrance Branch	0.15%	$25,000	Learn More Add Review
Farmers & Merchants Bank Of Central California F & M Capital Branch	0.15%	$10,000	Learn More Add Review
Calprivate Bank San Diego Private Bank Branch	0.15%	$2,500	Learn More Add Review
Golden State Bank Brea Branch	0.15%	$10,000	Learn More Add Review
First General Bank San Gabriel Branch	0.15%	$10,000	Learn More Add Review
Oneunited Bank Ladera Heights Branch	0.15% 0.10% 0.05%	$75,000 $25,000 $500	Learn More Add Review
Asian Pacific National Bank Asian Pacific National Bank Branch	0.15%	$25,000	Learn More Add Review
Pcb Bank Torrance Branch	0.15%	$1,000	Learn More Add Review
American Continental Bank San Gabriel Branch	0.10%	$1	Learn More
Ednnani@hotmail.com \| Aug 7, 2021 Are you open on sat. Read More Reviews (2)
Sunwest Bank El Segundo Loan Production Office Branch	0.10%	$2,500	Learn More
william \| Apr 10, 2022 these are the absolute worst rates in history--a 5 year old could see that--either wake up or close your doors to legitimate customers! Read More Reviews (1)
Golden State Bank Brea Branch	0.10%	$2,500	Learn More Add Review
Friendly Hills Bank Sfs Branch	0.10%	$10,000	Learn More Add Review
Tustin Community Bank Tustin Community Bank Branch	0.10%	$2,500	Learn More Add Review
Industrial And Commercial Bank Of China Usa, National Association Torrance Branch	0.10%	$2,500	Learn More Add Review
Malaga Bank F.s.b. Malaga Bank F.S.b. Branch	0.10%	$10,000	Learn More Add Review
Open Bank Gardena Branch	0.10%	$2,500	Learn More Add Review
Asian Pacific National Bank Asian Pacific National Bank Branch	0.10%	$2,500	Learn More Add Review
Commercial Bank Of California Fairfax Branch	0.10%	$2,500	Learn More Add Review
Gbc International Bank Gbc International Bank Branch	0.10%	$2,500	Learn More
tomlynn \| Apr 15, 2019 Very friendly and helpful here. We had closed an account last year, and were not asked what we planned to do with the money or if we found a better rate elsewhere. Just thanks for banking with us...so we ... Read More Reviews (1)
Us Metro Bank Us Metro Bank Branch	0.10%	$2,500	Learn More Add Review
First General Bank San Gabriel Branch	0.10%	$2,500	Learn More Add Review
First-citizens Bank & Trust Company El Segundo Main Office Branch	0.10% 0.07%	$100,000 $25,000	Learn More
MrBond \| Feb 25, 2023 I have been working for this company more than 5 years. I would not recommend any investment with First Citizens Bank. They are the worst performer on the market based on the customer and employee reviews... Read More Reviews (3)
Farmers And Merchants Bank Of Long Beach Redondo Beach Branch	0.10%	$10,000	Learn More Add Review
Calprivate Bank San Diego Private Bank Branch	0.10%	$2,500	Learn More Add Review
Pacific Alliance Bank Rosemead Branch	0.10%	$0	Learn More
wiewro@hotmail.com \| Dec 1, 2020 wieslaw wrobel Read More Reviews (1)
Beneficial State Bank Los Angeles Branch	0.10%	$2,500	Learn More
Michael strubert \| Jun 8, 2021 Someone from Beneficial State Bank tried to cash a fraudulent check on my EECU account for $469.99. On 6/1/21. Read More Reviews (1)
Universal Bank Eagle Rock - Colorado Branch	0.10%	$2,500	Learn More Add Review
Eastern International Bank Eastern International Bank Branch	0.10%	$10,000	Learn More Add Review
Pacific Premier Bank Bank Of Manhattan, N.A Branch	0.10%	$10,000	Learn More
Harry Reese \| Jul 22, 2015 Fix your automated system so I can find information after you close Read More Reviews (1)
Citizens Business Bank Manhattan Beach Branch	0.10%	$2,500	Learn More Add Review
First Commercial Bank (usa) First Commercial Bank (Usa) Branch	0.10%	$2,500	Learn More Add Review
Royal Business Bank Torrance Branch	0.10%	$10,000	Learn More Add Review
Friendly Hills Bank Sfs Branch	0.07%	$25,000	Learn More Add Review
Gbc International Bank Gbc International Bank Branch	0.05%	$2,500	Learn More
tomlynn \| Apr 15, 2019 Very friendly and helpful here. We had closed an account last year, and were not asked what we planned to do with the money or if we found a better rate elsewhere. Just thanks for banking with us...so we ... Read More Reviews (1)
Sunwest Bank El Segundo Loan Production Office Branch	0.05%	$100	Learn More
william \| Apr 10, 2022 these are the absolute worst rates in history--a 5 year old could see that--either wake up or close your doors to legitimate customers! Read More Reviews (1)
Cathay Bank Torrance Branch	0.05%	$50,000	Learn More Add Review
Evertrust Bank Evertrust Bank Branch	0.05%	$300	Learn More
Tina \| Aug 16, 2022 good customer service and always give me new information about CD rates. They have 2.3% now. Read More Reviews (3)
Industrial And Commercial Bank Of China Usa, National Association Torrance Branch	0.05%	$1,000	Learn More Add Review
Farmers And Merchants Bank Of Long Beach Redondo Beach Branch	0.05%	$2,500	Learn More Add Review
Royal Business Bank Torrance Branch	0.05%	$2,500	Learn More Add Review
Manufacturers Bank Torrance Branch	0.05%	$2,500	Learn More Add Review
Pacific Premier Bank Bank Of Manhattan, N.A Branch	0.05%	$2,500	Learn More
Harry Reese \| Jul 22, 2015 Fix your automated system so I can find information after you close Read More Reviews (1)
Malaga Bank F.s.b. Malaga Bank F.S.b. Branch	0.05%	$2,500	Learn More Add Review
Friendly Hills Bank Sfs Branch	0.05%	$2,500	Learn More Add Review
Homestreet Bank Harbor City Branch	0.05%	$0	Learn More Add Review
Eastern International Bank Eastern International Bank Branch	0.05%	$2,500	Learn More Add Review
Preferred Bank Torrance Branch	0.05%	$1	Learn More Add Review
Farmers & Merchants Bank Of Central California F & M Capital Branch	0.04%	$2,500	Learn More Add Review
Universal Bank Eagle Rock - Colorado Branch	0.04%	$2,500	Learn More Add Review
Bank Of America, National Association Hermosa Beach Branch	0.04%	$2,500	Learn More
Treasure \| Jul 24, 2023 BOFA is a den of people thieves camouflaged as bank operatives. There’s a soon to be uncovered carrel of money laundry there. They took all my money and don’t want to release it to me for no particular... Read More Reviews (11)
Farmers & Merchants Bank Of Central California F & M Capital Branch	0.03%	$2,500	Learn More Add Review
Mega Bank Mega Bank Branch	0.03%	$2,500	Learn More Add Review
Mega Bank Mega Bank Branch	0.02%	$2,500	Learn More Add Review
Jpmorgan Chase Bank, National Association Hermosa Avenue & Pier Banking Center Branch	0.02%	$25,000	Learn More
Hayley7788d@outlook.com \| Jan 2, 2023 Terrible customer service by investment side. Fees too high , too full of themselves Read More Reviews (25)
Umpqua Bank Torrance Store Branch	0.01%	$0	Learn More
Austin \| Aug 25, 2021 I have banked with Umpqua in Gig Harbor since 2013 and although there money market rates are not good didn’t have much problem until I moved to Spokane and started using this branch on south hill. They ... Read More Reviews (2)
American Business Bank American Business Bank Branch	0.01%	$2,500	Learn More Add Review
Manufacturers Bank Torrance Branch	0.01%	$2,500	Learn More Add Review

All rates listed are Annual Percentage Yield (APY). The APY rate in a savings account or money market account is a variable rate that is subject to change at any point. The Min listed is the minimum deposit account balance required to obtain the rate listed.

See rates for Credit Unions →

Branches Info around Cypress, California

Branch	Street	City	State
Citibank, National Association Hermosa Beach Branch	81 Pier Avenue	Hermosa Beach	CA
Umpqua Bank Torrance Store Branch	2355 Crenshaw Boulevard, Ste 146	Torrance	CA
Umpqua Bank Torrance Store Branch	2355 Crenshaw Boulevard, Ste 146	Torrance	CA
CTBC Bank Corp. (USA) Ctbc Bank Corp. (Usa) Branch	801 South Figueroa Street, Suite 2300	Los Angeles	CA
Monet Bank Irvine Branch	5600 Michelson Drive, Suite 140	Irvine	CA
HSBC Bank USA, National Association Rolling Hills Estates Branch	449 S Silver Spur Rd, Suite 100	Rolling Hills Estates	CA
Banner Bank Los Angeles Branch	7182 Beverly Blvd.	Los Angeles	CA
Monet Bank Irvine Branch	5600 Michelson Drive, Suite 140	Irvine	CA
Community Commerce Bank Monterey Park Branch	2323 S. Atlantic Boulevard	Monterey Park	CA
Monet Bank Irvine Branch	5600 Michelson Drive, Suite 140	Irvine	CA
Bank of Hope Torrance Market Branch	4040 Pacific Coast Hwy	Torrance	CA
Banner Bank Los Angeles Branch	7182 Beverly Blvd.	Los Angeles	CA
Bank of Whittier, National Association Bank Of Whittier, National Association Branch	15141 East Whittier Boulevard	Whittier	CA
American Plus Bank, N.A. Pasadena Branch	171 S. Hudson Ave.	Pasadena	CA
Banner Bank Los Angeles Branch	7182 Beverly Blvd.	Los Angeles	CA
HomeStreet Bank Harbor City Branch	26640 Western Ave. Ste. N	Harbor City	CA
American Plus Bank, N.A. Pasadena Branch	171 S. Hudson Ave.	Pasadena	CA
Amalgamated Bank Amalgamated Bank Branch	472 East Colorado Blvd.	Pasadena	CA
Banner Bank Los Angeles Branch	7182 Beverly Blvd.	Los Angeles	CA
Zions Bank Culver City Branch	100 Corporate Pointe, Suite 110	Culver City	CA
American Plus Bank, N.A. Pasadena Branch	171 S. Hudson Ave.	Pasadena	CA
HomeStreet Bank Harbor City Branch	26640 Western Ave. Ste. N	Harbor City	CA
Amalgamated Bank Amalgamated Bank Branch	472 East Colorado Blvd.	Pasadena	CA
Zions Bank Culver City Branch	100 Corporate Pointe, Suite 110	Culver City	CA
Zions Bank Culver City Branch	100 Corporate Pointe, Suite 110	Culver City	CA
Zions Bank Culver City Branch	100 Corporate Pointe, Suite 110	Culver City	CA
Amalgamated Bank Amalgamated Bank Branch	472 East Colorado Blvd.	Pasadena	CA
Amalgamated Bank Amalgamated Bank Branch	472 East Colorado Blvd.	Pasadena	CA
Umpqua Bank Torrance Store Branch	2355 Crenshaw Boulevard, Ste 146	Torrance	CA
HomeStreet Bank Harbor City Branch	26640 Western Ave. Ste. N	Harbor City	CA
Zions Bank Culver City Branch	100 Corporate Pointe, Suite 110	Culver City	CA
Zions Bank Culver City Branch	100 Corporate Pointe, Suite 110	Culver City	CA
California International Bank, N.A. California International Bank, N.A. Branch	8632 East Valley Boulevard, Suite A	Rosemead	CA
Habib American Bank Los Angeles Branch	110 East Ninth Street, Al-10	Los Angeles	CA
Habib American Bank Los Angeles Branch	110 East Ninth Street, Al-10	Los Angeles	CA
Umpqua Bank Torrance Store Branch	2355 Crenshaw Boulevard, Ste 146	Torrance	CA
American Plus Bank, N.A. Pasadena Branch	171 S. Hudson Ave.	Pasadena	CA
Commonwealth Business Bank South Bay Branch	3770 W. Sepulveda Blvd.	Torrance	CA
OneUnited Bank Ladera Heights Branch	6810 La Tijera Boulevard	Los Angeles	CA
California Business Bank California Business Bank Branch	3200 El Camino Real, Suite 220	Irvine	CA
United Pacific Bank San Gabriel Valley Regional Office Branch	101 West Garvey Avenue	Montery Park	CA
Commonwealth Business Bank South Bay Branch	3770 W. Sepulveda Blvd.	Torrance	CA
State Bank of India (California) State Bank Of India (California) Branch	707 Wilshire Boulevard, Suite 2900	Los Angeles	CA
Shinhan Bank America Torrance Branch	22501 Crenshaw Boulevard	Torrance	CA
OneUnited Bank Ladera Heights Branch	6810 La Tijera Boulevard	Los Angeles	CA
Tustin Community Bank Tustin Community Bank Branch	13891 Newport Avenue, Suites 100 & 130	Tustin	CA
Cathay Bank Torrance Branch	23211 Hawthorne Boulevard, Suite 108	Torrance	CA
United Pacific Bank San Gabriel Valley Regional Office Branch	101 West Garvey Avenue	Montery Park	CA
State Bank of India (California) State Bank Of India (California) Branch	707 Wilshire Boulevard, Suite 2900	Los Angeles	CA
Commonwealth Business Bank South Bay Branch	3770 W. Sepulveda Blvd.	Torrance	CA
Community Commerce Bank Monterey Park Branch	2323 S. Atlantic Boulevard	Monterey Park	CA
Cathay Bank Torrance Branch	23211 Hawthorne Boulevard, Suite 108	Torrance	CA
Shinhan Bank America Torrance Branch	22501 Crenshaw Boulevard	Torrance	CA
Golden State Bank Brea Branch	403 W. Imperial Highway, Suite D	Brea	CA
US Metro Bank Us Metro Bank Branch	9866 Garden Grove Boulevard	Garden Grove	CA
First Commercial Bank (USA) First Commercial Bank (Usa) Branch	200 East Main Street	Alhambra	CA
State Bank of India (California) State Bank Of India (California) Branch	707 Wilshire Boulevard, Suite 2900	Los Angeles	CA
OneUnited Bank Ladera Heights Branch	6810 La Tijera Boulevard	Los Angeles	CA
CalPrivate Bank San Diego Private Bank Branch	18552 Macarthur Blvd, Suite220	Irvine	CA
Citibank, National Association Hermosa Beach Branch	81 Pier Avenue	Hermosa Beach	CA
Zions Bank Culver City Branch	100 Corporate Pointe, Suite 110	Culver City	CA
United Pacific Bank San Gabriel Valley Regional Office Branch	101 West Garvey Avenue	Montery Park	CA
Zions Bank Culver City Branch	100 Corporate Pointe, Suite 110	Culver City	CA
California International Bank, N.A. California International Bank, N.A. Branch	8632 East Valley Boulevard, Suite A	Rosemead	CA
Amalgamated Bank Amalgamated Bank Branch	472 East Colorado Blvd.	Pasadena	CA
First Pacific Bank Sfs Branch	12070 Telegraph Road Suite 100	Santa Fe Springs	CA
Industrial and Commercial Bank of China USA, National Association Torrance Branch	23133 Hawthorne Boulevard. Suite 100	Torrance	CA
Farmers & Merchants Bank of Central California F & M Capital Branch	#2 Park Plaza, Suite 175	Irvine	CA
CalPrivate Bank San Diego Private Bank Branch	18552 Macarthur Blvd, Suite220	Irvine	CA
Golden State Bank Brea Branch	403 W. Imperial Highway, Suite D	Brea	CA
First General Bank San Gabriel Branch	801 E. Valley Blvd Unit 103	San Gabriel	CA
OneUnited Bank Ladera Heights Branch	6810 La Tijera Boulevard	Los Angeles	CA
First Commercial Bank (USA) First Commercial Bank (Usa) Branch	200 East Main Street	Alhambra	CA
Asian Pacific National Bank Asian Pacific National Bank Branch	333 West Valley Boulevard	San Gabriel	CA
PCB Bank Torrance Branch	2505 Torrance Boulevard	Torrance	CA
American Continental Bank San Gabriel Branch	1008 E. Las Tunas Drive, Suite A	San Gabriel	CA
Sunwest Bank El Segundo Loan Production Office Branch	2321 Rosecrans Avenue, Suite 2215	El Segundo	CA
Golden State Bank Brea Branch	403 W. Imperial Highway, Suite D	Brea	CA
First Pacific Bank Sfs Branch	12070 Telegraph Road Suite 100	Santa Fe Springs	CA
Tustin Community Bank Tustin Community Bank Branch	13891 Newport Avenue, Suites 100 & 130	Tustin	CA
Industrial and Commercial Bank of China USA, National Association Torrance Branch	23133 Hawthorne Boulevard. Suite 100	Torrance	CA
Malaga Bank F.S.B. Malaga Bank F.S.b. Branch	2514 Via Tejon	Palos Verdes Peninsula	CA
Open Bank Gardena Branch	15435 S. Western Avenue, #d	Gardena	CA
Asian Pacific National Bank Asian Pacific National Bank Branch	333 West Valley Boulevard	San Gabriel	CA
Commercial Bank of California Fairfax Branch	145 South Fairfax Avenue	Los Angeles	CA
GBC International Bank Gbc International Bank Branch	5670 Wilshire Boulevard, Suite 1780	Los Angeles	CA
US Metro Bank Us Metro Bank Branch	9866 Garden Grove Boulevard	Garden Grove	CA
First General Bank San Gabriel Branch	801 E. Valley Blvd Unit 103	San Gabriel	CA
First-Citizens Bank & Trust Company El Segundo Main Office Branch	898 North Sepulveda Boulevard	El Segundo	CA
Farmers and Merchants Bank of Long Beach Redondo Beach Branch	1304 S. Pacific Coast Hwy	Redondo Beach	CA
CalPrivate Bank San Diego Private Bank Branch	18552 Macarthur Blvd, Suite220	Irvine	CA
Pacific Alliance Bank Rosemead Branch	8400 East Valley Boulevard	Rosemead	CA
Beneficial State Bank Los Angeles Branch	3626 East First Street	Los Angeles	CA
Universal Bank Eagle Rock - Colorado Branch	2575 Colorado Boulevard	Los Angeles	CA
Eastern International Bank Eastern International Bank Branch	688 New High Street	Los Angeles	CA
Pacific Premier Bank, National Association Bank Of Manhattan, N.A Branch	2141 Rosecrans Avenue, Suite 1160	El Segundo	CA
Citizens Business Bank Manhattan Beach Branch	1800 N. Sepulveda Boulevard	Manhattan Beach	CA
OneUnited Bank Ladera Heights Branch	6810 La Tijera Boulevard	Los Angeles	CA
Umpqua Bank Torrance Store Branch	2355 Crenshaw Boulevard, Ste 146	Torrance	CA
First Commercial Bank (USA) First Commercial Bank (Usa) Branch	200 East Main Street	Alhambra	CA
Royal Business Bank Torrance Branch	23740 Hawthorne Blvd. Suite 103	Torrance	CA
First-Citizens Bank & Trust Company El Segundo Main Office Branch	898 North Sepulveda Boulevard	El Segundo	CA
First Pacific Bank Sfs Branch	12070 Telegraph Road Suite 100	Santa Fe Springs	CA
GBC International Bank Gbc International Bank Branch	5670 Wilshire Boulevard, Suite 1780	Los Angeles	CA
Umpqua Bank Torrance Store Branch	2355 Crenshaw Boulevard, Ste 146	Torrance	CA
Sunwest Bank El Segundo Loan Production Office Branch	2321 Rosecrans Avenue, Suite 2215	El Segundo	CA
Cathay Bank Torrance Branch	23211 Hawthorne Boulevard, Suite 108	Torrance	CA
EverTrust Bank Evertrust Bank Branch	2 North Lake Ave., Suite 1030	Pasadena	CA
Industrial and Commercial Bank of China USA, National Association Torrance Branch	23133 Hawthorne Boulevard. Suite 100	Torrance	CA
Farmers and Merchants Bank of Long Beach Redondo Beach Branch	1304 S. Pacific Coast Hwy	Redondo Beach	CA
Royal Business Bank Torrance Branch	23740 Hawthorne Blvd. Suite 103	Torrance	CA
SMBC MANUBANK Torrance Branch	970 West 190th St., Suite #500	Torrance	CA
Pacific Premier Bank, National Association Bank Of Manhattan, N.A Branch	2141 Rosecrans Avenue, Suite 1160	El Segundo	CA
Malaga Bank F.S.B. Malaga Bank F.S.b. Branch	2514 Via Tejon	Palos Verdes Peninsula	CA
First Pacific Bank Sfs Branch	12070 Telegraph Road Suite 100	Santa Fe Springs	CA
HomeStreet Bank Harbor City Branch	26640 Western Ave. Ste. N	Harbor City	CA
OneUnited Bank Ladera Heights Branch	6810 La Tijera Boulevard	Los Angeles	CA
Eastern International Bank Eastern International Bank Branch	688 New High Street	Los Angeles	CA
Preferred Bank Torrance Branch	21615 Hawthorne Boulevard, Suite 100	Torrance	CA
Farmers & Merchants Bank of Central California F & M Capital Branch	#2 Park Plaza, Suite 175	Irvine	CA
Universal Bank Eagle Rock - Colorado Branch	2575 Colorado Boulevard	Los Angeles	CA
Bank of America, National Association Hermosa Beach Branch	90 Pier Avenue	Hermosa Beach	CA
Farmers & Merchants Bank of Central California F & M Capital Branch	#2 Park Plaza, Suite 175	Irvine	CA
Mega Bank Mega Bank Branch	245 West Valley Boulevard	San Gabriel	CA
Mega Bank Mega Bank Branch	245 West Valley Boulevard	San Gabriel	CA
JPMorgan Chase Bank, National Association Hermosa Avenue & Pier Banking Center Branch	1223 Hermosa Avenue	Hermosa Beach	CA
Umpqua Bank Torrance Store Branch	2355 Crenshaw Boulevard, Ste 146	Torrance	CA
HSBC Bank USA, National Association Rolling Hills Estates Branch	449 S Silver Spur Rd, Suite 100	Rolling Hills Estates	CA
American Business Bank American Business Bank Branch	523 West 6th Street, Suite 900	Los Angeles	CA
SMBC MANUBANK Torrance Branch	970 West 190th St., Suite #500	Torrance	CA

BestCashCow strives to maintain the most accurate rates. If you believe a rate is not accurate, please let us know.

FREQUENTLY ASKED QUESTIONS ABOUT LOCAL SAVINGS RATES

Why do savings rates vary so much?

Even though rates are at levels that are historically very low, there is competition for your money. Like any active marketplace, there are buyers and sellers of goods and services at different prices. Banks have different cost structures and they also have different needs for capital. This leads to different rates.

BestCashCow’s surveys show that online banks offer higher savings and CD rates because they have lower expenses from not having to maintain brick-and-mortar locations. Therefore, we strongly recommend that all depositors consider the rates at online banks as savings and money market accounts online can easy be set up to enable quick transfers to your favorite local bank.

What is the difference between a savings account and a money market account?

The differences between a savings account and a money market account are largely arcane. Some money market accounts offer more ways access deposits by issuing checks and debit cards, but prudent consumers will compare the two interchangeably, focusing primarily on rates and service among FDIC-insured banks (or NCUA-insured, for credit unions). Most savvy consumers who plan their expenses and financial needs ahead find the additional functionality offered by money markets to be of little value and will choose whichever account (savings or money market) has the higher rate.

What does annual percentage yield (APY) mean?

Savings rates are displayed in terms of APY to indicate the effective annual-interest return, including the compounding of interest, of the course of a single year. $100,000 deposited in a savings or CD account with a 1.20% APY will earn $1,200 in the course of the year, but monthly interest in the first few months may be less than $100 a month (this also depends on the number of days in the month). Hence, the APY rate is ordinarily a couple of basis points above the real interest rates. Unlike with a Certificate of Deposit, your actual APY in a savings may vary if the rate changes.

How do I choose the right savings account and should I consider CDs?

Begin your search with the table here on BestCashCow.com that you have found. In addition to checking online savings rates, you should also check local bank rates and local credit union rates. If you are unlikely to require access to your cash for some time, you may also consider certificates of deposit (CDs). While CDs have penalties for early withdrawal that may even eat into your principal, the rates on 2, 3, 4 and 5 year CDs are ordinarily significantly higher than savings rates. Several other sections and articles on BestCashCow can also help you to identify your proper cash allocation between savings and CDs. Access these below. You should also familiarize yourself with our Savings & CD Calculator in order to understand the importance of compounding interest at higher rates on your savings over time.

8 POINT CHECKLIST FOR A GREAT BANKING RELATIONSHIP WITH YOUR LOCAL BANK

Find a bank with a location convenient to you. Location counts.
Choose a bank with good rates. Rates are important to get continued growth of your capital.
Choose a bank with an extensive network of fee-free ATM machines or which reimburses out-of-network ATM fees, if you still need to regularly access cash.
Avoid fees. Choose a bank which doesn’t have service fees provided you maintain a certain balance, which doesn’t charge for ACH inbound and outbound transfers, and which has low fees for things like international wire transfers and bounced checks.
Choose a healthy bank. If you click on a bank above, you’ll be taken to the bank’s financial detail. A healthy bank has happy employees and provides loyal service to its customers. No matter how healthy your bank is, stay within FDIC insurance limits.
Find something of value to offset what may be slightly lower rates than online accounts offer. Develop personal relationship with your bankers. Personal relationships can help you to get appropriate financial advice, and to navigate financial challenges and needs in the future. (Be careful with the financial advice you receive. Inappropriate financial advice is worth a lot less than no financial advice.) They can also put you in touch with others in your community who could be valuable personally and professionally to know. If you don't use your local savings account as an opportunity to build these relationships, you may find that you are better of banking online.
Choose a bank that is going to let you access your cash when you need. The great benefit of savings accounts over any other financial product (including CDs) is that you have absolute liquidity. If your bank in creating impediments to accessing your cash (paperwork, fees, etc.), then you need another bank.
Be aware that you can have more than one account. Having a great local savings account at a large or small bank near you can be great, but it doesn't need to stop you from opening one or more online savings accounts, or even developing a relationship with another local bank or credit union.