California

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Norwalk, California Savings Rates

You are viewing savings rates from banks in Norwalk, California

 

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!

Norwalk, CA - June 18, 2025

Savings Account National Average Rate: 0.45% ?

Banks APY MIN

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%

| 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

Rate History: 4.55% → 4.35%

| 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

Rate History: 4.50% → 4.25%

| Oct 18, 2016

IF the Cd's our that high then way i'm i the last to find out what The apys are. Read More

Online Savings Account
Rate History: 4.90% → 4.75% → 4.50% → 4.40% → 4.25%

| Nov 18, 2023

bank delayed 1-2days to credit into your account, pay less interest. Read More

Rate History: 4.40% → 4.20%

| 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

3.80%

$50,000

Learn More

Rate History: 4.25% → 3.75%

Rate History: 4.00% → 3.85% → 3.75% → 3.70% → 3.60%

| 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

Rate History: 1.00% → 3.56% → 3.51%

| 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

Rate History: 4.00% → 3.50%

Rate History: 4.10% → 3.50%

| Jun 12, 2023

US Bank reported me to dult Protective Services because my husband is 85 and I am63. He got sick and went into a nursing hime for 3 months. My husband always handled the financial affairs. I had to take ov... Read More

Rate History: 3.57% → 3.56% → 3.30%

| Mar 5, 2021

The best rate on any CD or savings account is .40% Read More

| 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

2.60%

$250

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| 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

Rate History: 2.27% → 5.25% → 2.27% → 2.17% → 2.07%

1.85%

0.50%

$10,000

$100,000
Learn More

Rate History: 2.02% → 1.46%

Rate History: 1.26% → 1.76% → 1.51% → 1.41% → 1.36%

Rate History: 1.01% → 1.02% → 1.01%

| Feb 6, 2023

after over 100k in transactions through this bank in the course of a year not only did i suffer from fraud but this bank closed my accounts and i have been lliable for all the losses and to top it off with... Read More

0.60%

$10,000

Learn More

| 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

Rate History: 0.35% → 0.60%

| 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

0.55%

$10,000

Learn More

Rate History: 1.36% → 1.11% → 0.85% → 0.60% → 0.50%

| Jan 29, 2019

The Bank does not have this product. Read More

0.35%

$2,500

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0.35%

$25,000

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| Jan 29, 2019

The Bank does not have this product. Read More

| Jun 17, 2022

Midfirst doesn't seem to encourage any accounts other than checking. I have two. I've tried opening others, but they talk me out of it every single time. Read More

| 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

0.25%

$2,500

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0.25%

$10,000

Learn More

0.25%

$2,500

Learn More

| Mar 2, 2019

does require us citizenship? Read More

| Jan 29, 2019

The Bank does not have this product. Read More

| Mar 5, 2021

The best rate on any CD or savings account is .40% Read More

Rate History: 4.25% → 4.16% → 4.25% → 3.75% → 0.25%

| Jun 12, 2023

US Bank reported me to dult Protective Services because my husband is 85 and I am63. He got sick and went into a nursing hime for 3 months. My husband always handled the financial affairs. I had to take ov... Read More

| 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

0.20%

$25,000

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0.20%

$25,000

Learn More

0.20%

0.15%

$10,000

$2,500
Learn More

| Jun 17, 2022

Midfirst doesn't seem to encourage any accounts other than checking. I have two. I've tried opening others, but they talk me out of it every single time. Read More

0.20%

$25,000

Learn More

0.20%

$0

Learn More

0.18%

$2,500

Learn More

0.16%

$2,500

Learn More

| Mar 2, 2019

does require us citizenship? Read More

0.15%

$25,000

Learn More

0.15%

$25,000

Learn More

0.15%

$10,000

Learn More

0.15%

$2,500

Learn More

0.15%

$10,000

Learn More

0.15%

$10,000

Learn More

0.15%

$25,000

Learn More

0.15%

$1,000

Learn More

| Jan 30, 2021

Sterling hasn't offered a 1% rate for over a year. Best one can do now is .20%. The rates shown on this site are grossly outdated. Read More

| Jan 30, 2021

Sterling hasn't offered a 1% rate for over a year. Best one can do now is .20%. The rates shown on this site are grossly outdated. Read More

| Aug 7, 2021

Are you open on sat. Read More

| 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

0.10%

$2,500

Learn More

0.10%

$10,000

Learn More

0.10%

$2,500

Learn More

0.10%

$2,500

Learn More

0.10%

$10,000

Learn More

0.10%

$2,500

Learn More

0.10%

$2,500

Learn More

0.10%

$2,500

Learn More

| 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

0.10%

$2,500

Learn More

0.10%

$2,500

Learn More

| 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

0.10%

$10,000

Learn More

0.10%

$2,500

Learn More

| Dec 1, 2020

wieslaw wrobel Read More

| 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

| Apr 9, 2020

I would stay away from this bank. It was much better run when it was Valley Community Bank, but went into the toilet when it was bought by Bay Commercial Bank. Their online banking terms and conditions cha... Read More

0.10%

$2,500

Learn More

0.10%

$10,000

Learn More

| Mar 15, 2023

Oh Natty natty natty, haha the fact you need to take out (probably a second) loan for $160,000 on a $625,000 sends up all kinds of red flags. The bank was right to run away from YOU dear hahaha. Read More

| Jul 22, 2015

Fix your automated system so I can find information after you close Read More

0.10%

$2,500

Learn More

0.10%

$2,500

Learn More

0.10%

$2,500

Learn More

0.10%

$10,000

Learn More

0.07%

$25,000

Learn More

| 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

| Apr 9, 2020

I would stay away from this bank. It was much better run when it was Valley Community Bank, but went into the toilet when it was bought by Bay Commercial Bank. Their online banking terms and conditions cha... Read More

| 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

0.05%

$2,500

Learn More

| Aug 16, 2022

good customer service and always give me new information about CD rates. They have 2.3% now. Read More

0.05%

$1,000

Learn More

0.05%

$2,500

Learn More

0.05%

$2,500

Learn More

0.05%

$2,500

Learn More

| Jul 22, 2015

Fix your automated system so I can find information after you close Read More

0.05%

$2,500

Learn More

0.05%

$2,500

Learn More

0.05%

$2,500

Learn More

| Mar 15, 2023

Oh Natty natty natty, haha the fact you need to take out (probably a second) loan for $160,000 on a $625,000 sends up all kinds of red flags. The bank was right to run away from YOU dear hahaha. Read More

0.05%

$2,500

Learn More

0.05%

$1

Learn More

0.04%

$2,500

Learn More

0.04%

$2,500

Learn More

| 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

0.03%

$2,500

Learn More

0.03%

$2,500

Learn More

| Oct 18, 2016

IF the Cd's our that high then way i'm i the last to find out what The apys are. Read More

0.02%

$2,500

Learn More

| 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

| Oct 18, 2016

IF the Cd's our that high then way i'm i the last to find out what The apys are. Read More

0.01%

$2,500

Learn More

0.01%

$2,500

Learn More

| Dec 6, 2018

I have to say, as a local business owner, I purposefully chose to work with a 'local business bank'. I moved my checking over when I incorporated and assumed that I would go to them when my needs increased... Read More

0.01%

$2,500

Learn More

0.01%

$0

Learn More
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.


Branches Info around Norwalk, CA - June 18, 2025


Branch Street City State
Citibank, National Association
Westwood Branch
1072 Westwood Boulevard Los Angeles CA
Umpqua Bank
Torrance Store Branch
2355 Crenshaw Boulevard, Ste 146 Torrance CA
Comerica Bank
Westwood Branch
1021 Glendon Avenue Los Angeles CA
First Foundation Bank
Los Angeles Branch
10850 Wilshire Blvd, Suite 100 Los Angeles 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
XD Bank
Irvine Branch
5600 Michelson Drive, Suite 140 Irvine CA
HSBC Bank USA, National Association
Beverly Hills Branch
445 North Bedford Drive Beverly Hills CA
Banner Bank
Los Angeles Branch
7182 Beverly Blvd. Los Angeles CA
XD Bank
Irvine Branch
5600 Michelson Drive, Suite 140 Irvine CA
U.S. Bank National Association
Marina Del Rey Ralphs Branch
4311 Lincoln Blvd Marina Del Rey CA
Community Commerce Bank
Monterey Park Branch
2323 S. Atlantic Boulevard Monterey Park CA
XD 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
Homestreet Bank Branch
9595 Wilshire Blvd. Suite 900 Beverly Hills 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
West Los Angeles Branch
11345 West Olympic Boulevard Los Angeles CA
American Plus Bank, N.A.
Pasadena Branch
171 S. Hudson Ave. Pasadena CA
HomeStreet Bank
Homestreet Bank Branch
9595 Wilshire Blvd. Suite 900 Beverly Hills CA
Amalgamated Bank
Amalgamated Bank Branch
472 East Colorado Blvd. Pasadena CA
Zions Bank
West Los Angeles Branch
11345 West Olympic Boulevard Los Angeles CA
Zions Bank
West Los Angeles Branch
11345 West Olympic Boulevard Los Angeles CA
Zions Bank
West Los Angeles Branch
11345 West Olympic Boulevard Los Angeles CA
Amalgamated Bank
Amalgamated Bank Branch
472 East Colorado Blvd. Pasadena CA
Wells Fargo Bank, National Association
Wilshire Westwood Branch
10920 Wilshire Boulevard Los Angeles 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
Homestreet Bank Branch
9595 Wilshire Blvd. Suite 900 Beverly Hills CA
Zions Bank
West Los Angeles Branch
11345 West Olympic Boulevard Los Angeles CA
Zions Bank
West Los Angeles Branch
11345 West Olympic Boulevard Los Angeles 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
EH National Bank
Eh National Bank Branch
8484 Wilshire Boulevard Ste 100 Beverly Hills CA
City National Bank
West Los Angeles Branch
11500 West Olympic Boulevard 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
MidFirst Bank
Century City Branch
1875 Century Park East, Suite 1400 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
EH National Bank
Eh National Bank Branch
8484 Wilshire Boulevard Ste 100 Beverly Hills 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
First Credit Bank
First Credit Bank Branch
9255 Sunset Boulevard 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
U.S. Bank National Association
Marina Del Rey Ralphs Branch
4311 Lincoln Blvd Marina Del Rey 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
MidFirst Bank
Century City Branch
1875 Century Park East, Suite 1400 Los Angeles CA
CalPrivate Bank
San Diego Private Bank Branch
18552 Macarthur Blvd, Suite220 Irvine CA
Citibank, National Association
Westwood Branch
1072 Westwood Boulevard Los Angeles CA
Zions Bank
West Los Angeles Branch
11345 West Olympic Boulevard Los Angeles CA
United Pacific Bank
San Gabriel Valley Regional Office Branch
101 West Garvey Avenue Montery Park CA
Zions Bank
West Los Angeles Branch
11345 West Olympic Boulevard Los Angeles 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 Credit Bank
First Credit Bank Branch
9255 Sunset Boulevard Los Angeles 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
Sterling Bank and Trust, FSB
Alhambra Branch
711 West Valley Blvd, Ste 100 Alhambra CA
Sterling Bank and Trust, FSB
Alhambra Branch
711 West Valley Blvd, Ste 100 Alhambra 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
First Regional Bank Branch
1801 Century Park East Los Angeles 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
United Business Bank
Tri-Cities Branch
330 North Brand Blvd., Ste. 120 Glendale 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
East West Bank
Beverly Hills Cbc Branch
9378 Wilshire Blvd., Ste 100 Beverly Hills CA
Pacific Premier Bank, National Association
Manhattan Beach Office Branch
1419 Highland Avenue Manhattan Beach CA
Citizens Business Bank
El Segundo Branch
275 Main Street El Segundo CA
OneUnited Bank
Ladera Heights Branch
6810 La Tijera Boulevard Los Angeles CA
Hanmi Bank
Hanmi Bank Branch
9300 Wilshire Blvd., Suite 101 Beverly Hills 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
West La Branch
2105 Sawtelle Blvd. Los Angeles CA
First-Citizens Bank & Trust Company
First Regional Bank Branch
1801 Century Park East Los Angeles 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
United Business Bank
Tri-Cities Branch
330 North Brand Blvd., Ste. 120 Glendale 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
Hanmi Bank
Hanmi Bank Branch
9300 Wilshire Blvd., Suite 101 Beverly Hills 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
West La Branch
2105 Sawtelle Blvd. Los Angeles CA
SMBC MANUBANK
Beverly Hills Branch
9777 Wilshire Boulevard Beverly Hills CA
Pacific Premier Bank, National Association
Manhattan Beach Office Branch
1419 Highland Avenue Manhattan Beach CA
Western Alliance Bank
Beverly Hills Branch
9355 Wilshire Boulevard Beverly Hills 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
East West Bank
Beverly Hills Cbc Branch
9378 Wilshire Blvd., Ste 100 Beverly Hills CA
HomeStreet Bank
Homestreet Bank Branch
9595 Wilshire Blvd. Suite 900 Beverly Hills 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
Century City Branch
1801 Century Park East Century City CA
U.S. Bank National Association
Marina Del Rey Ralphs Branch
4311 Lincoln Blvd Marina Del Rey 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
Westwood Village Branch
930 Westwood Blvd Los Angeles 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
First Bank
Marina Del Rey Branch
4519 Admiralty Way Marina Del Rey CA
Comerica Bank
Westwood Branch
1021 Glendon Avenue Los Angeles CA
Mega Bank
Mega Bank Branch
245 West Valley Boulevard San Gabriel CA
Wells Fargo Bank, National Association
Wilshire Westwood Branch
10920 Wilshire Boulevard Los Angeles CA
Umpqua Bank
Torrance Store Branch
2355 Crenshaw Boulevard, Ste 146 Torrance CA
HSBC Bank USA, National Association
Beverly Hills Branch
445 North Bedford Drive Beverly Hills CA
Comerica Bank
Westwood Branch
1021 Glendon Avenue Los Angeles CA
First Bank
Marina Del Rey Branch
4519 Admiralty Way Marina Del Rey CA
First Western Trust Bank
First Western Trust Bank Century Cit Branch
1900 Avenue Of The Stars, Suite 900 Los Angeles CA
American Business Bank
American Business Bank Branch
523 West 6th Street, Suite 900 Los Angeles CA
Mechanics Bank
Beverly Hills Branch
100 N Crescent Dr #125 Beverly Hills CA
SMBC MANUBANK
Beverly Hills Branch
9777 Wilshire Boulevard Beverly Hills CA
City National Bank
West Los Angeles Branch
11500 West Olympic Boulevard Los Angeles 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.

SAVINGS & CD CALCULATOR

Find out how much extra money you can earn by moving your bank money into an account that pays more.