Best Local Bank Savings and Money Market Rates in Centennial, Colorado, CO June 15, 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!

Centennial, CO - June 15, 2025

Savings Account National Average Rate: 0.45% ^?

Banks	APY	MIN
Sunflower Bank, National Association North Longmont Branch	4.60% 4.25%	$100,000 $0	Learn More
KNM \| Jul 6, 2021 If there were negative stars for customer service, I would have used it. They don't tell you that their "EPIC" money market also charges epic fees - $20.00 per month - negating the interest rate. Read More Reviews (1)
Alpine Bank Carbondale Branch	4.50% 4.35% 3.00%	$1,000,000 $500,000 $0	Learn More
GregW \| Feb 14, 2021 This is the worst bank I’ve ever had the displeasure of using. Horrible customer service after hours or on weekends and they just will not invest the capitol to ensure their customers can speak to a repr... Read More Reviews (1)
Beal Bank Usa Denver Branch	3.75%	$500	Learn More
Rate History: 4.25% → 3.75%
george \| Feb 9, 2021 The wonderful assistants at Beal Bank are wonderful. Rebeca took great care of me and made sure all my concerns were addressed. Read More Reviews (3)
Beal Bank Usa Denver Branch	3.50%	$25,000	Learn More
Rate History: 4.00% → 3.50%
george \| Feb 9, 2021 The wonderful assistants at Beal Bank are wonderful. Rebeca took great care of me and made sure all my concerns were addressed. Read More Reviews (3)
U.s. Bank National Association Cedaredge Branch	3.50% 0.05%	$25,000 $1	Learn More
Rate History: 4.10% → 3.50%
Ugg \| 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 Reviews (6)
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)
Bank Of Colorado Brush Branch	2.27% 2.02% 1.00%	$300,000 $100,000 $25,000	Learn More
Rate History: 3.56% → 2.78% → 2.27%
LG \| Feb 7, 2020 I contacted the massage bank and they are not offering 2.02 it’s 1.10 Read More Reviews (4)
Zions Bancorporation, N.a. Southwest Branch	2.02% 1.71% 1.51% 0.80%	$500,000 $250,000 $100,000 $5,000	Learn More Add Review
Firstbank 17th And Main Branch	1.65% 0.50%	$100,000 $20,000	Learn More
Rate History: 2.50% → 2.40% → 2.00% → 1.85% → 1.65%
Carrandrewb \| Aug 5, 2022 The worst customer service during covid. I lost my wallet they were nit understanding when things were shutting down. I knew covid was going to be bad and did not want to be around people. They did nit eve... Read More Reviews (1)
Zions Bancorporation, N.a. Southwest Branch	1.46% 0.70%	$100,000 $1,000	Learn More Add Review
Rate History: 2.02% → 1.46%
Bokf, National Association Colorado State Bk & Trust Denver Dt Branch	1.25% 1.00% 0.85% 0.75%	$250,000 $100,000 $50,000 $25,000	Learn More
Rate History: 1.00% → 1.50% → 1.25%
Aku \| May 29, 2020 Dua Read More Reviews (1)
Wells Fargo Bank, National Association Boulder Branch	1.01% 0.01%	$100,000 $1	Learn More
Rate History: 1.01% → 1.02% → 1.01%
Thy King \| 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 Reviews (7)
Bank Of Colorado Brush Branch	0.75%	$0	Learn More
Rate History: 1.51% → 1.00% → 0.75%
LG \| Feb 7, 2020 I contacted the massage bank and they are not offering 2.02 it’s 1.10 Read More Reviews (4)
Bokf, National Association Colorado State Bk & Trust Denver Dt Branch	0.50%	$25,000	Learn More
Rate History: 0.55% → 0.50%
Aku \| May 29, 2020 Dua Read More Reviews (1)
Champion Bank Champion Bank Branch	0.40%	$10,000	Learn More Add Review
American Bank Of Commerce Colorado Springs Branch	0.40%	$2,500	Learn More Add Review
Farmers State Bank Of Calhan Farmers State Bank Of Calhan Branch	0.35%	$25,000	Learn More
John \| Nov 4, 2021 Not a very helpful bank. Find another ! Read More Reviews (1)
The State Bank The State Bank Branch	0.35%	$25,000	Learn More Add Review
5star Bank 5star Bank Branch	0.35%	$2,500	Learn More Add Review
The First National Bank Of Las Animas Fowler Branch	0.33%	$10,000	Learn More Add Review
Gnbank, National Association Valley State Bank Branch	0.30%	$2,500	Learn More Add Review
The First National Bank In Trinidad The First National Bank In Trinidad Branch	0.30%	$25,000	Learn More Add Review
Champion Bank Champion Bank Branch	0.30%	$2,500	Learn More Add Review
Flatirons Bank Flatirons Bank Branch	0.30%	$25,000	Learn More Add Review
Century Savings And Loan Association Century Savings And Loan Association Branch	0.25%	$2,500	Learn More Add Review
Frontier Bank Walsh Branch	0.25%	$2,500	Learn More Add Review
Gunnison Savings And Loan Association Gunnison Savings And Loan Associatio Branch	0.25%	$2,500	Learn More Add Review
Rocky Mountain Bank & Trust Rocky Mountain Bank & Trust Branch	0.25%	$25,000	Learn More Add Review
Home Loan State Bank Home Loan State Bank Branch	0.25%	$2,500	Learn More Add Review
Firstbank 17th And Main Branch	0.25% 0.02%	$100,000 $500	Learn More
Rate History: 1.00% → 0.60% → 0.45% → 0.25%
Carrandrewb \| Aug 5, 2022 The worst customer service during covid. I lost my wallet they were nit understanding when things were shutting down. I knew covid was going to be bad and did not want to be around people. They did nit eve... Read More Reviews (1)
The Eastern Colorado Bank Kit Carson Branch	0.25%	$10,000	Learn More Add Review
The First National Bank In Trinidad The First National Bank In Trinidad Branch	0.25%	$2,500	Learn More Add Review
Farmers State Bank Of Calhan Farmers State Bank Of Calhan Branch	0.25%	$10,000	Learn More
John \| Nov 4, 2021 Not a very helpful bank. Find another ! Read More Reviews (1)
Corefirst Bank & Trust Corefirst - Vallagio Branch	0.25%	$25,000	Learn More Add Review
Keybank National Association 300 West Oak Street Branch	0.25%	$5,000	Learn More
Seeko \| Mar 28, 2023 On line banking gives a confirmation number when paying bills. But it doesn’t confirm that the bill will be paid only that they have the information. Ridiculous. Read More Reviews (2)
U.s. Bank National Association Cedaredge Branch	0.25%	$25,000	Learn More
Rate History: 4.25% → 4.16% → 4.25% → 3.75% → 0.25%
Ugg \| 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 Reviews (6)
Frontier Bank Walsh Branch	0.20%	$2,500	Learn More Add Review
American Bank Of Commerce Colorado Springs Branch	0.20%	$10,000	Learn More Add Review
Gnbank, National Association Valley State Bank Branch	0.20%	$2,500	Learn More Add Review
Yampa Valley Bank Yampa Valley Bank Branch	0.20%	$2,500	Learn More Add Review
The Eastern Colorado Bank Kit Carson Branch	0.20%	$2,500	Learn More Add Review
Grand Valley Bank Fruita Branch	0.20%	$25,000	Learn More Add Review
Century Savings And Loan Association Century Savings And Loan Association Branch	0.20%	$2,500	Learn More Add Review
Del Norte Bank Del Norte Bank Branch	0.20%	$25,000	Learn More Add Review
Midfirst Bank Cherry Creek Bkg Ctr Branch	0.20%	$25,000	Learn More
sharzns \| 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 Reviews (3)
Mountain Valley Bank Mountain Valley Bank Branch	0.20%	$25,000	Learn More Add Review
Points West Community Bank Points West Community Bank Branch	0.20%	$25,000	Learn More Add Review
Flatirons Bank Flatirons Bank Branch	0.20%	$2,500	Learn More Add Review
Rnb State Bank Rawlins National Bank - Longmont Bra Branch	0.20%	$25,000	Learn More Add Review
First National Bank In Frankfort	0.20%	$0	Learn More Add Review
Nbh Bank Greeley Branch	0.19%	$25,000	Learn More Add Review
Home Loan State Bank Home Loan State Bank Branch	0.19%	$2,500	Learn More Add Review
Zions Bancorporation, N.a. Southwest Branch	0.19% 0.16%	$100,000 $0	Learn More Add Review
Yampa Valley Bank Yampa Valley Bank Branch	0.18%	$2,500	Learn More Add Review
The First National Bank Of Las Animas Fowler Branch	0.17%	$2,500	Learn More Add Review
The First National Bank Of Hugo The First National Bank Of Hugo Branch	0.16%	$2,500	Learn More Add Review
Rnb State Bank Rawlins National Bank - Longmont Bra Branch	0.15%	$2,500	Learn More Add Review
Fortis Private Bank Fortis Private Bank Branch	0.15%	$25,000	Learn More Add Review
High Plains Bank High Plains Bank Branch	0.15%	$25,000	Learn More Add Review
Park State Bank & Trust Park State Bank & Trust Branch	0.15%	$100	Learn More Add Review
The State Bank The State Bank Branch	0.15%	$10,000	Learn More Add Review
The First National Bank Of Hugo The First National Bank Of Hugo Branch	0.15%	$25,000	Learn More Add Review
Mnb Bank Burlington Colorado Branch	0.15%	$25,000	Learn More Add Review
Glacier Bank Valley Plaza Branch	0.15%	$25,000	Learn More
CatAnn \| Dec 11, 2023 only series EE currently. I have I series and have to mail them in Read More Reviews (1)
Corefirst Bank & Trust Corefirst - Vallagio Branch	0.15%	$10,000	Learn More Add Review
Armed Forces Bank, National Association Fort Carson Facility Branch	0.15%	$25,000	Learn More
BENNIE BROOKS \| Mar 25, 2015 OLIVER NORTH AIR LINES GOVERNOR BLANCO Read More Reviews (2)
Integrity Bank & Trust Integrity Bank & Trust Branch	0.15%	$25,000	Learn More Add Review
Grand Valley Bank Fruita Branch	0.15%	$10,000	Learn More Add Review
Farmers State Bank Of Calhan Farmers State Bank Of Calhan Branch	0.15%	$2,500	Learn More
John \| Nov 4, 2021 Not a very helpful bank. Find another ! Read More Reviews (1)
The First National Bank In Trinidad The First National Bank In Trinidad Branch	0.15%	$10,000	Learn More Add Review
American Bank Of Commerce Colorado Springs Branch	0.15%	$2,500	Learn More Add Review
5star Bank 5star Bank Branch	0.15%	$10,000	Learn More Add Review
Alamosa State Bank Alamosa State Bank Branch	0.15%	$2,500	Learn More
cabin30355 \| Feb 7, 2022 I have found that if you live in the San Luis Valley, you must have accounts at two banks as at least one of them's website is inaccessible at an average of once per months or has their debit cards not fu... Read More Reviews (1)
Redstone Bank Redstone Bank Branch	0.15%	$10,000	Learn More Add Review
Stockmens Bank Stockmens Bank Branch	0.15%	$25,000	Learn More Add Review
Midfirst Bank Cherry Creek Bkg Ctr Branch	0.15%	$2,500	Learn More
sharzns \| 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 Reviews (3)
Umb Bank, National Association Mountain States Bank Branch	0.15%	$25,000	Learn More
RS \| Jun 1, 2020 UMB does not honor the rate posted here! Read More Reviews (2)
Mountain Valley Bank Mountain Valley Bank Branch	0.15%	$2,500	Learn More Add Review
Points West Community Bank Points West Community Bank Branch	0.15%	$2,500	Learn More Add Review
Fms Bank Fms Bank Branch	0.15%	$25,000	Learn More Add Review
Farmers Bank Farmers Bank Branch	0.15%	$25,000	Learn More
eberhard1111 \| Sep 10, 2019 215,000.00 Read More Reviews (1)
Amg National Trust Bank Amg National Trust Bank Branch	0.15%	$10,000	Learn More Add Review
The Gunnison Bank And Trust Company The Gunnison Bank And Trust Company Branch	0.15%	$25,000	Learn More Add Review
Academy Bank, National Association Razorback Road Branch	0.15%	$25,000	Learn More
Fran1 \| Feb 4, 2020 Academy was great helping me open a new account Read More Reviews (5)
First National Bank Arapahoe Bank And Trust Branch	0.15%	$25,000	Learn More Add Review
San Luis Valley Federal Bank San Luis Valley Federal Bank Branch	0.12%	$2,500	Learn More Add Review
San Luis Valley Federal Bank San Luis Valley Federal Bank Branch	0.11%	$2,500	Learn More Add Review
The Eastern Colorado Bank Kit Carson Branch	0.10%	$2,500	Learn More Add Review
Tbk Bank, Ssb Granada Branch	0.10%	$25	Learn More
Rate History: 0.15% → 0.10%
fiddler \| Jun 30, 2019 agree....finally did get thru though Read More Reviews (2)
Fms Bank Fms Bank Branch	0.10%	$2,500	Learn More Add Review
Herring Bank Colorado National Bank Branch	0.10%	$2,500	Learn More
wello50 \| Jul 1, 2021 What day of the month do you report to the credit bureaus Read More Reviews (1)
Equitable Savings And Loan Association Equitable Savings And Loan Associati Branch	0.10%	$2,500	Learn More Add Review
Mnb Bank Burlington Colorado Branch	0.10%	$2,500	Learn More Add Review
First Farmbank First Farmbank Branch	0.10%	$2,500	Learn More Add Review
Redstone Bank Redstone Bank Branch	0.10%	$2,500	Learn More Add Review
First National Bank, Cortez First National Bank, Cortez Branch	0.10%	$2,500	Learn More Add Review
First-citizens Bank & Trust Company Boulder 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)
Native American Bank, National Association Native American Bank, National Association Branch	0.10%	$2,500	Learn More Add Review
The Gunnison Bank And Trust Company The Gunnison Bank And Trust Company Branch	0.10%	$2,500	Learn More Add Review
High Plains Bank High Plains Bank Branch	0.10%	$2,500	Learn More Add Review
First Southwest Bank Center Branch	0.10%	$2,500	Learn More Add Review
Stockmens Bank Stockmens Bank Branch	0.10%	$2,500	Learn More Add Review
Del Norte Bank Del Norte Bank Branch	0.10%	$2,500	Learn More Add Review
First National Bank Arapahoe Bank And Trust Branch	0.10%	$25,000	Learn More Add Review
Rio Grande Savings And Loan Association Rio Grande Savings And Loan Associat Branch	0.10%	$25	Learn More Add Review
Champion Bank Champion Bank Branch	0.10%	$2,500	Learn More Add Review
Midfirst Bank Cherry Creek Bkg Ctr Branch	0.10%	$2,500	Learn More
sharzns \| 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 Reviews (3)
Bokf, National Association Colorado State Bk & Trust Denver Dt Branch	0.10%	$0	Learn More
Rate History: 0.20% → 0.10%
Aku \| May 29, 2020 Dua Read More Reviews (1)
Glacier Bank Valley Plaza Branch	0.10%	$2,500	Learn More
CatAnn \| Dec 11, 2023 only series EE currently. I have I series and have to mail them in Read More Reviews (1)
Integrity Bank & Trust Integrity Bank & Trust Branch	0.10%	$2,500	Learn More Add Review
Corefirst Bank & Trust Corefirst - Vallagio Branch	0.10%	$2,500	Learn More Add Review
Armed Forces Bank, National Association Fort Carson Facility Branch	0.10%	$2,500	Learn More
BENNIE BROOKS \| Mar 25, 2015 OLIVER NORTH AIR LINES GOVERNOR BLANCO Read More Reviews (2)
Grand Valley Bank Fruita Branch	0.10%	$2,500	Learn More Add Review
Farmers State Bank Of Calhan Farmers State Bank Of Calhan Branch	0.10%	$2,500	Learn More
John \| Nov 4, 2021 Not a very helpful bank. Find another ! Read More Reviews (1)
The First National Bank In Trinidad The First National Bank In Trinidad Branch	0.10%	$2,500	Learn More Add Review
Alamosa State Bank Alamosa State Bank Branch	0.10%	$2,500	Learn More
cabin30355 \| Feb 7, 2022 I have found that if you live in the San Luis Valley, you must have accounts at two banks as at least one of them's website is inaccessible at an average of once per months or has their debit cards not fu... Read More Reviews (1)
5star Bank 5star Bank Branch	0.10%	$2,500	Learn More Add Review
Umb Bank, National Association Mountain States Bank Branch	0.10%	$10,000	Learn More
RS \| Jun 1, 2020 UMB does not honor the rate posted here! Read More Reviews (2)
Flatirons Bank Flatirons Bank Branch	0.10%	$2,500	Learn More Add Review
Fortis Private Bank Fortis Private Bank Branch	0.10%	$2,500	Learn More Add Review
Mountain Valley Bank Mountain Valley Bank Branch	0.10%	$10,000	Learn More Add Review
Rocky Mountain Bank & Trust Rocky Mountain Bank & Trust Branch	0.10%	$2,500	Learn More Add Review
First Pioneer National Bank First Pioneer National Bank Branch	0.10%	$2,500	Learn More Add Review
The Farmers State Bank Of Brush The Farmers State Bank Of Brush Branch	0.10%	$2,500	Learn More Add Review
Farmers Bank Farmers Bank Branch	0.10%	$2,500	Learn More
eberhard1111 \| Sep 10, 2019 215,000.00 Read More Reviews (1)
Academy Bank, National Association Razorback Road Branch	0.10%	$2,500	Learn More
Fran1 \| Feb 4, 2020 Academy was great helping me open a new account Read More Reviews (5)
Points West Community Bank Points West Community Bank Branch	0.10%	$2,500	Learn More Add Review
North Valley Bank North Valley Bank Branch	0.10%	$2,500	Learn More Add Review
The Dolores State Bank The Dolores State Bank Branch	0.10%	$2,500	Learn More Add Review
Waypoint Bank Mountain View Branch	0.10%	$25,000	Learn More Add Review
Adams Bank & Trust Garden Of The Gods Branch	0.10%	$2,500	Learn More Add Review
Umb Bank, National Association Mountain States Bank Branch	0.08%	$2,500	Learn More
RS \| Jun 1, 2020 UMB does not honor the rate posted here! Read More Reviews (2)
The Pueblo Bank And Trust Company The Pueblo Bank And Trust Company Branch	0.07%	$2,500	Learn More Add Review
Nbh Bank Greeley Branch	0.07%	$2,500	Learn More Add Review
Anb Bank Anb Bank Branch	0.07%	$25,000	Learn More Add Review
Points West Community Bank Points West Community Bank Branch	0.07%	$2,500	Learn More Add Review
Rio Grande Savings And Loan Association Rio Grande Savings And Loan Associat Branch	0.06%	$2,500	Learn More Add Review
Equitable Savings And Loan Association Equitable Savings And Loan Associati Branch	0.05%	$25,000	Learn More Add Review
Inbank Southlands Branch	0.05%	$2,500	Learn More
Trujillo \| Nov 9, 2023 Unhappy with ATM on Southside. I.bank with wafd they closed. Told wsfd customers can get cash with card. Employees are very nosy with slanderous gossip. I'm treated like a criminal. That why I don't use i... Read More Reviews (1)
Rocky Mountain Bank & Trust Rocky Mountain Bank & Trust Branch	0.05%	$2,500	Learn More Add Review
Nbh Bank Greeley Branch	0.05%	$2,500	Learn More Add Review
First National Bank, Cortez First National Bank, Cortez Branch	0.05%	$100	Learn More Add Review
The State Bank The State Bank Branch	0.05%	$2,500	Learn More Add Review
First National Bank Arapahoe Bank And Trust Branch	0.05%	$1	Learn More Add Review
Integrity Bank & Trust Integrity Bank & Trust Branch	0.05%	$2,500	Learn More Add Review
Timberline Bank Timberline Bank Branch	0.05%	$25,000	Learn More Add Review
First National Bank Of Omaha Johnstown Branch	0.05%	$0	Learn More Add Review
The Colorado Bank And Trust Company Of La Junta The Colorado Bank And Trust Company Branch	0.05%	$2,500	Learn More Add Review
Tbk Bank, Ssb Granada Branch	0.05% 0.01%	$35,000 $0	Learn More
Rate History: 1.00% → 0.10% → 0.05%
fiddler \| Jun 30, 2019 agree....finally did get thru though Read More Reviews (2)
Glacier Bank Valley Plaza Branch	0.05%	$2,500	Learn More
CatAnn \| Dec 11, 2023 only series EE currently. I have I series and have to mail them in Read More Reviews (1)
The Farmers State Bank Of Brush The Farmers State Bank Of Brush Branch	0.05%	$25,000	Learn More Add Review
Four Corners Community Bank The Citizens State Bank Of Cortez Br Branch	0.05%	$2,500	Learn More
Unhappy customer definitely NOT THE BANK FOR ME! \| Sep 21, 2020 I am fed up with how poorly this bank is run. I have made deposit and given a receipt with the wrong amount more than once. I have received other customer's cancelled checks. The online bank site is a mess... Read More Reviews (1)
Armed Forces Bank, National Association Fort Carson Facility Branch	0.05%	$2,500	Learn More
BENNIE BROOKS \| Mar 25, 2015 OLIVER NORTH AIR LINES GOVERNOR BLANCO Read More Reviews (2)
Anb Bank Anb Bank Branch	0.05%	$2,500	Learn More Add Review
Firstoak Bank Firstoak Bank-Pueblo Branch	0.05%	$25,000	Learn More Add Review
Mountain Valley Bank Mountain Valley Bank Branch	0.05%	$2,500	Learn More Add Review
Del Norte Bank Del Norte Bank Branch	0.05%	$2,500	Learn More Add Review
Umb Bank, National Association Mountain States Bank Branch	0.05%	$2,500	Learn More
RS \| Jun 1, 2020 UMB does not honor the rate posted here! Read More Reviews (2)
Fortis Private Bank Fortis Private Bank Branch	0.05%	$2,500	Learn More Add Review
Stockmens Bank Stockmens Bank Branch	0.05%	$2,500	Learn More Add Review
The Pueblo Bank And Trust Company The Pueblo Bank And Trust Company Branch	0.05%	$2,500	Learn More Add Review
First Pioneer National Bank First Pioneer National Bank Branch	0.05%	$25,000	Learn More Add Review
Fnb Bank Kirk Branch	0.05%	$2,500	Learn More Add Review
Golden Belt Bank, Fsa Fort Morgan Br Branch	0.05%	$2,500	Learn More Add Review
Farmers Bank Farmers Bank Branch	0.05%	$2,500	Learn More
eberhard1111 \| Sep 10, 2019 215,000.00 Read More Reviews (1)
Amg National Trust Bank Amg National Trust Bank Branch	0.05%	$2,500	Learn More Add Review
The Dolores State Bank The Dolores State Bank Branch	0.05%	$2,500	Learn More Add Review
Waypoint Bank Mountain View Branch	0.05%	$10,000	Learn More Add Review
Academy Bank, National Association Razorback Road Branch	0.05%	$2,500	Learn More
Fran1 \| Feb 4, 2020 Academy was great helping me open a new account Read More Reviews (5)
Adams Bank & Trust Garden Of The Gods Branch	0.05%	$2,500	Learn More Add Review
Bank Of America, National Association Cherry Creek 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)
Firstoak Bank Firstoak Bank-Pueblo Branch	0.03%	$2,500	Learn More Add Review
Glacier Bank Valley Plaza Branch	0.03%	$2,500	Learn More
CatAnn \| Dec 11, 2023 only series EE currently. I have I series and have to mail them in Read More Reviews (1)
Waypoint Bank Mountain View Branch	0.03%	$2,500	Learn More Add Review
First Pioneer National Bank First Pioneer National Bank Branch	0.02%	$2,500	Learn More Add Review
Equitable Savings And Loan Association Equitable Savings And Loan Associati Branch	0.02%	$2,500	Learn More Add Review
First National Bank Of Omaha Johnstown Branch	0.02%	$0	Learn More Add Review
Glacier Bank Valley Plaza Branch	0.02%	$2,500	Learn More
CatAnn \| Dec 11, 2023 only series EE currently. I have I series and have to mail them in Read More Reviews (1)
Inbank Southlands Branch	0.02%	$2,500	Learn More
Trujillo \| Nov 9, 2023 Unhappy with ATM on Southside. I.bank with wafd they closed. Told wsfd customers can get cash with card. Employees are very nosy with slanderous gossip. I'm treated like a criminal. That why I don't use i... Read More Reviews (1)
High Country Bank High Country Bank Branch	0.02%	$10,000	Learn More Add Review
Waypoint Bank Mountain View Branch	0.02%	$2,500	Learn More Add Review
The Farmers State Bank Of Brush The Farmers State Bank Of Brush Branch	0.02%	$2,500	Learn More Add Review
Jpmorgan Chase Bank, National Association Greeley Downtown 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)
Evergreen National Bank Georgetown Branch	0.01%	$2,500	Learn More Add Review
Bank Of Estes Park Bank Of Estes Park Branch	0.01%	$100	Learn More Add Review
Keybank National Association 300 West Oak Street Branch	0.01%	$1	Learn More
Seeko \| Mar 28, 2023 On line banking gives a confirmation number when paying bills. But it doesn’t confirm that the bill will be paid only that they have the information. Ridiculous. Read More Reviews (2)
First Western Trust Bank First Western Trust Bank Branch	0.01%	$2,500	Learn More Add Review
The Colorado Bank And Trust Company Of La Junta The Colorado Bank And Trust Company Branch	0.01%	$2,500	Learn More Add Review
Timberline Bank Timberline Bank Branch	0.01%	$1,000	Learn More Add Review
Liberty Savings Bank, F.s.b. E Yale Ave Branch	0.01%	$2,500	Learn More Add Review
High Country Bank High Country Bank Branch	0.01%	$2,500	Learn More Add Review
Golden Belt Bank, Fsa Fort Morgan Br 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 Centennial, CO - June 15, 2025

Branch	Street	City	State
Sunflower Bank, National Association North Longmont Branch	1726 Hover Street	Longmont	CO
Alpine Bank Carbondale Branch	0350 Highway 133	Carbondale	CO
Alpine Bank Carbondale Branch	0350 Highway 133	Carbondale	CO
Sunflower Bank, National Association North Longmont Branch	1726 Hover Street	Longmont	CO
Beal Bank USA Denver Branch	154 Steele Street	Denver	CO
Beal Bank USA Denver Branch	154 Steele Street	Denver	CO
U.S. Bank National Association Cedaredge Branch	105 South Grand Mesa Drive	Cedaredge	CO
Alpine Bank Carbondale Branch	0350 Highway 133	Carbondale	CO
Bank of Colorado Brush Branch	301 Clayton Street	Brush	CO
Zions Bank Southwest Branch	1380 South Federal Boulevard	Denver	CO
Bank of Colorado Brush Branch	301 Clayton Street	Brush	CO
Zions Bank Southwest Branch	1380 South Federal Boulevard	Denver	CO
FirstBank 17th And Main Branch	1707 North Main Street	Longmont	CO
Zions Bank Southwest Branch	1380 South Federal Boulevard	Denver	CO
Zions Bank Southwest Branch	1380 South Federal Boulevard	Denver	CO
BOKF, National Association Colorado State Bk & Trust Denver Dt Branch	1600 Broadway	Denver	CO
Wells Fargo Bank, National Association Boulder Branch	1242 Pearl Street	Boulder	CO
BOKF, National Association Colorado State Bk & Trust Denver Dt Branch	1600 Broadway	Denver	CO
Bank of Colorado Brush Branch	301 Clayton Street	Brush	CO
BOKF, National Association Colorado State Bk & Trust Denver Dt Branch	1600 Broadway	Denver	CO
Zions Bank Southwest Branch	1380 South Federal Boulevard	Denver	CO
Bank of Colorado Brush Branch	301 Clayton Street	Brush	CO
BOKF, National Association Colorado State Bk & Trust Denver Dt Branch	1600 Broadway	Denver	CO
Zions Bank Southwest Branch	1380 South Federal Boulevard	Denver	CO
FirstBank 17th And Main Branch	1707 North Main Street	Longmont	CO
BOKF, National Association Colorado State Bk & Trust Denver Dt Branch	1600 Broadway	Denver	CO
Champion Bank Champion Bank Branch	16790 Centre Court	Parker	CO
American Bank of Commerce Colorado Springs Branch	434 S. Tejon	Colorado Springs	CO
Farmers State Bank of Calhan Farmers State Bank Of Calhan Branch	1500 8th Street	Calhan	CO
The State Bank The State Bank Branch	124 Colorado Street	La Junta	CO
5Star Bank 5star Bank Branch	Peterson Air Force Base, 455 W. Paine St., Bldg. 1485	Colorado Springs	CO
First National Bank Colorado Fowler Branch	117 Main Street	Fowler	CO
GNBank, National Association Valley State Bank Branch	204 South Fourth St	Lamar	CO
The First National Bank in Trinidad The First National Bank In Trinidad Branch	100 East Main Street	Trinidad	CO
Champion Bank Champion Bank Branch	16790 Centre Court	Parker	CO
FlatIrons Bank Flatirons Bank Branch	1095 Canyon Blvd, Suite 100	Boulder	CO
Century Savings and Loan Association Century Savings And Loan Association Branch	233 East Main St	Trinidad	CO
Frontier Bank Walsh Branch	501 North Colorado	Walsh	CO
Gunnison Savings and Loan Association Gunnison Savings And Loan Associatio Branch	303 North Main St	Gunnison	CO
Rocky Mountain Bank & Trust Rocky Mountain Bank & Trust Branch	101 East Main Street	Florence	CO
Home Loan State Bank Home Loan State Bank Branch	205 N. 4th Street	Grand Junction	CO
FirstBank 17th And Main Branch	1707 North Main Street	Longmont	CO
The Eastern Colorado Bank Kit Carson Branch	113 Main Street	Kit Carson	CO
The First National Bank in Trinidad The First National Bank In Trinidad Branch	100 East Main Street	Trinidad	CO
Farmers State Bank of Calhan Farmers State Bank Of Calhan Branch	1500 8th Street	Calhan	CO
CoreFirst Bank & Trust Corefirst - Vallagio Branch	10130 E. Dry Creek Road	Englewood	CO
KeyBank National Association 300 West Oak Street Branch	300 West Oak Street	Fort Collins	CO
U.S. Bank National Association Cedaredge Branch	105 South Grand Mesa Drive	Cedaredge	CO
Frontier Bank Walsh Branch	501 North Colorado	Walsh	CO
American Bank of Commerce Colorado Springs Branch	434 S. Tejon	Colorado Springs	CO
GNBank, National Association Valley State Bank Branch	204 South Fourth St	Lamar	CO
Yampa Valley Bank Yampa Valley Bank Branch	600 South Lincoln Avenue	Steamboat Springs	CO
The Eastern Colorado Bank Kit Carson Branch	113 Main Street	Kit Carson	CO
Grand Valley Bank Fruita Branch	452 South Maple	Fruita	CO
Century Savings and Loan Association Century Savings And Loan Association Branch	233 East Main St	Trinidad	CO
Del Norte Bank Del Norte Bank Branch	705 Grand Avenue	Del Norte	CO
MidFirst Bank Cherry Creek Bkg Ctr Branch	101 Cook Street	Denver	CO
Mountain Valley Bank Mountain Valley Bank Branch	461 Main	Walden	CO
Points West Community Bank Points West Community Bank Branch	1291 Main Street	Windsor	CO
FlatIrons Bank Flatirons Bank Branch	1095 Canyon Blvd, Suite 100	Boulder	CO
RNB STATE BANK Rawlins National Bank - Longmont Bra Branch	2001 North Main Street	Longmont	CO
NBH Bank Greeley Branch	3780 West 10th Street	Greeley	CO
Home Loan State Bank Home Loan State Bank Branch	205 N. 4th Street	Grand Junction	CO
Zions Bank Southwest Branch	1380 South Federal Boulevard	Denver	CO
Yampa Valley Bank Yampa Valley Bank Branch	600 South Lincoln Avenue	Steamboat Springs	CO
First National Bank Colorado Fowler Branch	117 Main Street	Fowler	CO
Zions Bank Southwest Branch	1380 South Federal Boulevard	Denver	CO
The First National Bank of Hugo The First National Bank Of Hugo Branch	321 4th Street	Hugo	CO
RNB STATE BANK Rawlins National Bank - Longmont Bra Branch	2001 North Main Street	Longmont	CO
Fortis Bank Fortis Private Bank Branch	1550 17th Street, Suite 203	Denver	CO
High Plains Bank High Plains Bank Branch	329 Main Avenue	Flagler	CO
Park State Bank & Trust Park State Bank & Trust Branch	710 W Hwy 24	Woodland Park	CO
The State Bank The State Bank Branch	124 Colorado Street	La Junta	CO
The First National Bank of Hugo The First National Bank Of Hugo Branch	321 4th Street	Hugo	CO
MNB BANK Burlington Colorado Branch	17999 Us Highway 385	Burlington	CO
Glacier Bank Valley Plaza Branch	2452 Highway 6 And 50	Grand Junction	CO
CoreFirst Bank & Trust Corefirst - Vallagio Branch	10130 E. Dry Creek Road	Englewood	CO
Armed Forces Bank, National Association Fort Carson Facility Branch	6384 Wetzel Avenue, Building 1512	Fort Carson	CO
Integrity Bank & Trust Integrity Bank & Trust Branch	1275 Village Ridge Point	Monument	CO
Grand Valley Bank Fruita Branch	452 South Maple	Fruita	CO
Farmers State Bank of Calhan Farmers State Bank Of Calhan Branch	1500 8th Street	Calhan	CO
The First National Bank in Trinidad The First National Bank In Trinidad Branch	100 East Main Street	Trinidad	CO
American Bank of Commerce Colorado Springs Branch	434 S. Tejon	Colorado Springs	CO
5Star Bank 5star Bank Branch	Peterson Air Force Base, 455 W. Paine St., Bldg. 1485	Colorado Springs	CO
Alamosa State Bank Alamosa State Bank Branch	2225 Main Street	Alamosa	CO
Redstone Bank Redstone Bank Branch	15765 East Arapahoe Road	Centennial	CO
Stockmens Bank Stockmens Bank Branch	25 N. Cascade Avenue	Colorado Springs	CO
MidFirst Bank Cherry Creek Bkg Ctr Branch	101 Cook Street	Denver	CO
UMB Bank, National Association Mountain States Bank Branch	1635 East Colfax Avenue	Denver	CO
Mountain Valley Bank Mountain Valley Bank Branch	461 Main	Walden	CO
Points West Community Bank Points West Community Bank Branch	1291 Main Street	Windsor	CO
FMS Bank Fms Bank Branch	520 Sherman Street	Fort Morgan	CO
Farmers Bank Farmers Bank Branch	119 First Street	Ault	CO
AMG National Trust Bank Amg National Trust Bank Branch	1155 Canyon Boulevard, Suite 310	Boulder	CO
The Gunnison Bank and Trust Company The Gunnison Bank And Trust Company Branch	232 West Tomichi Avenue	Gunnison	CO
Academy Bank, National Association Razorback Road Branch	8250 Razorback Road	Colorado Springs	CO
First National Bank Arapahoe Bank And Trust Branch	7777 East Arapahoe Road	Englewood	CO
San Luis Valley Federal Bank San Luis Valley Federal Bank Branch	401 Edison Avenue	Alamosa	CO
San Luis Valley Federal Bank San Luis Valley Federal Bank Branch	401 Edison Avenue	Alamosa	CO
The Eastern Colorado Bank Kit Carson Branch	113 Main Street	Kit Carson	CO
TBK BANK, SSB Granada Branch	108 East Goff Street	Granada	CO
FMS Bank Fms Bank Branch	520 Sherman Street	Fort Morgan	CO
Herring Bank Colorado National Bank Branch	3110 North Nevada Avenue	Colorado Springs	CO
Equitable Savings and Loan Association Equitable Savings And Loan Associati Branch	221 N 3rd St	Sterling	CO
MNB BANK Burlington Colorado Branch	17999 Us Highway 385	Burlington	CO
First FarmBank First Farmbank Branch	2939 65th Avenue	Greeley	CO
Redstone Bank Redstone Bank Branch	15765 East Arapahoe Road	Centennial	CO
First National Bank, Cortez First National Bank, Cortez Branch	2258 E. Main Street	Cortez	CO
First-Citizens Bank & Trust Company Boulder Branch	1601 28th Street	Boulder	CO
Native American Bank, National Association Native American Bank, National Association Branch	999 18th Street	Denver	CO
The Gunnison Bank and Trust Company The Gunnison Bank And Trust Company Branch	232 West Tomichi Avenue	Gunnison	CO
High Plains Bank High Plains Bank Branch	329 Main Avenue	Flagler	CO
First Southwest Bank Center Branch	2060 East Highway 112	Center	CO
Stockmens Bank Stockmens Bank Branch	25 N. Cascade Avenue	Colorado Springs	CO
Del Norte Bank Del Norte Bank Branch	705 Grand Avenue	Del Norte	CO
First National Bank Arapahoe Bank And Trust Branch	7777 East Arapahoe Road	Englewood	CO
RG Bank, A Savings and Loan Association Rio Grande Savings And Loan Associat Branch	901 1st Avenue	Monte Vista	CO
Champion Bank Champion Bank Branch	16790 Centre Court	Parker	CO
MidFirst Bank Cherry Creek Bkg Ctr Branch	101 Cook Street	Denver	CO
BOKF, National Association Colorado State Bk & Trust Denver Dt Branch	1600 Broadway	Denver	CO
Glacier Bank Valley Plaza Branch	2452 Highway 6 And 50	Grand Junction	CO
Integrity Bank & Trust Integrity Bank & Trust Branch	1275 Village Ridge Point	Monument	CO
CoreFirst Bank & Trust Corefirst - Vallagio Branch	10130 E. Dry Creek Road	Englewood	CO
Armed Forces Bank, National Association Fort Carson Facility Branch	6384 Wetzel Avenue, Building 1512	Fort Carson	CO
Grand Valley Bank Fruita Branch	452 South Maple	Fruita	CO
Farmers State Bank of Calhan Farmers State Bank Of Calhan Branch	1500 8th Street	Calhan	CO
The First National Bank in Trinidad The First National Bank In Trinidad Branch	100 East Main Street	Trinidad	CO
Alamosa State Bank Alamosa State Bank Branch	2225 Main Street	Alamosa	CO
5Star Bank 5star Bank Branch	Peterson Air Force Base, 455 W. Paine St., Bldg. 1485	Colorado Springs	CO
UMB Bank, National Association Mountain States Bank Branch	1635 East Colfax Avenue	Denver	CO
FlatIrons Bank Flatirons Bank Branch	1095 Canyon Blvd, Suite 100	Boulder	CO
Fortis Bank Fortis Private Bank Branch	1550 17th Street, Suite 203	Denver	CO
Mountain Valley Bank Mountain Valley Bank Branch	461 Main	Walden	CO
Rocky Mountain Bank & Trust Rocky Mountain Bank & Trust Branch	101 East Main Street	Florence	CO
First Pioneer National Bank First Pioneer National Bank Branch	145 West Fourth Street	Wray	CO
The Farmers State Bank of Brush The Farmers State Bank Of Brush Branch	200 Clayton Street	Brush	CO
Farmers Bank Farmers Bank Branch	119 First Street	Ault	CO
Academy Bank, National Association Razorback Road Branch	8250 Razorback Road	Colorado Springs	CO
Points West Community Bank Points West Community Bank Branch	1291 Main Street	Windsor	CO
North Valley Bank North Valley Bank Branch	9001 North Washington Street	Thornton	CO
The Dolores State Bank The Dolores State Bank Branch	101 South 6th Street	Dolores	CO
Waypoint Bank Mountain View Branch	24 South Weber Street Suite 151	Colorado Springs	CO
Adams Bank & Trust Garden Of The Gods Branch	1310 Garden Of The Gods Road	Colorado Springs	CO
UMB Bank, National Association Mountain States Bank Branch	1635 East Colfax Avenue	Denver	CO
First-Citizens Bank & Trust Company Boulder Branch	1601 28th Street	Boulder	CO
The Pueblo Bank and Trust Company The Pueblo Bank And Trust Company Branch	301 West 5th Street	Pueblo	CO
NBH Bank Greeley Branch	3780 West 10th Street	Greeley	CO
ANB Bank Anb Bank Branch	3033 East First Avenue	Denver	CO
Points West Community Bank Points West Community Bank Branch	1291 Main Street	Windsor	CO
RG Bank, A Savings and Loan Association Rio Grande Savings And Loan Associat Branch	901 1st Avenue	Monte Vista	CO
Equitable Savings and Loan Association Equitable Savings And Loan Associati Branch	221 N 3rd St	Sterling	CO
InBank Southlands Branch	24450 East Smoky Hill Road	Aurora	CO
Rocky Mountain Bank & Trust Rocky Mountain Bank & Trust Branch	101 East Main Street	Florence	CO
NBH Bank Greeley Branch	3780 West 10th Street	Greeley	CO
First National Bank, Cortez First National Bank, Cortez Branch	2258 E. Main Street	Cortez	CO
The State Bank The State Bank Branch	124 Colorado Street	La Junta	CO
First National Bank Arapahoe Bank And Trust Branch	7777 East Arapahoe Road	Englewood	CO
Integrity Bank & Trust Integrity Bank & Trust Branch	1275 Village Ridge Point	Monument	CO
Timberline Bank Timberline Bank Branch	633 24 Road	Grand Junction	CO
First National Bank of Omaha Johnstown Branch	100 Johnstown Center Drive	Johnstown	CO
The Colorado Bank and Trust Company of La Junta The Colorado Bank And Trust Company Branch	301 Colorado Avenue	La Junta	CO
TBK BANK, SSB Granada Branch	108 East Goff Street	Granada	CO
Glacier Bank Valley Plaza Branch	2452 Highway 6 And 50	Grand Junction	CO
The Farmers State Bank of Brush The Farmers State Bank Of Brush Branch	200 Clayton Street	Brush	CO
Four Corners Community Bank The Citizens State Bank Of Cortez Br Branch	77 West Main Street	Cortez	CO
Armed Forces Bank, National Association Fort Carson Facility Branch	6384 Wetzel Avenue, Building 1512	Fort Carson	CO
ANB Bank Anb Bank Branch	3033 East First Avenue	Denver	CO
FirstOak Bank Firstoak Bank-Pueblo Branch	1419 W Us Highway 50	Pueblo	CO
Mountain Valley Bank Mountain Valley Bank Branch	461 Main	Walden	CO
Del Norte Bank Del Norte Bank Branch	705 Grand Avenue	Del Norte	CO
UMB Bank, National Association Mountain States Bank Branch	1635 East Colfax Avenue	Denver	CO
Fortis Bank Fortis Private Bank Branch	1550 17th Street, Suite 203	Denver	CO
Stockmens Bank Stockmens Bank Branch	25 N. Cascade Avenue	Colorado Springs	CO
The Pueblo Bank and Trust Company The Pueblo Bank And Trust Company Branch	301 West 5th Street	Pueblo	CO
First Pioneer National Bank First Pioneer National Bank Branch	145 West Fourth Street	Wray	CO
FNB Bank Kirk Branch	2988 County Road M	Kirk	CO
Golden Belt Bank, FSA Fort Morgan Br Branch	321 Ensign Street	Fort Morgan	CO
Farmers Bank Farmers Bank Branch	119 First Street	Ault	CO
AMG National Trust Bank Amg National Trust Bank Branch	1155 Canyon Boulevard, Suite 310	Boulder	CO
The Dolores State Bank The Dolores State Bank Branch	101 South 6th Street	Dolores	CO
Waypoint Bank Mountain View Branch	24 South Weber Street Suite 151	Colorado Springs	CO
Academy Bank, National Association Razorback Road Branch	8250 Razorback Road	Colorado Springs	CO
Adams Bank & Trust Garden Of The Gods Branch	1310 Garden Of The Gods Road	Colorado Springs	CO
U.S. Bank National Association Cedaredge Branch	105 South Grand Mesa Drive	Cedaredge	CO
Bank of America, National Association Cherry Creek Branch	100 Filmore Street, Suite 100	Denver	CO
FirstOak Bank Firstoak Bank-Pueblo Branch	1419 W Us Highway 50	Pueblo	CO
Glacier Bank Valley Plaza Branch	2452 Highway 6 And 50	Grand Junction	CO
Waypoint Bank Mountain View Branch	24 South Weber Street Suite 151	Colorado Springs	CO
First Pioneer National Bank First Pioneer National Bank Branch	145 West Fourth Street	Wray	CO
Equitable Savings and Loan Association Equitable Savings And Loan Associati Branch	221 N 3rd St	Sterling	CO
FirstBank 17th And Main Branch	1707 North Main Street	Longmont	CO
First National Bank of Omaha Johnstown Branch	100 Johnstown Center Drive	Johnstown	CO
Glacier Bank Valley Plaza Branch	2452 Highway 6 And 50	Grand Junction	CO
InBank Southlands Branch	24450 East Smoky Hill Road	Aurora	CO
High Country Bank High Country Bank Branch	7360 West Us Highway 50	Salida	CO
Waypoint Bank Mountain View Branch	24 South Weber Street Suite 151	Colorado Springs	CO
The Farmers State Bank of Brush The Farmers State Bank Of Brush Branch	200 Clayton Street	Brush	CO
JPMorgan Chase Bank, National Association Greeley Downtown Branch	822 7th Street	Greeley	CO
Wells Fargo Bank, National Association Boulder Branch	1242 Pearl Street	Boulder	CO
Evergreen National Bank Georgetown Branch	502 Sixth Street	Georgetown	CO
TBK BANK, SSB Granada Branch	108 East Goff Street	Granada	CO
Bank of Estes Park Bank Of Estes Park Branch	255 Park Lane	Estes Park	CO
KeyBank National Association 300 West Oak Street Branch	300 West Oak Street	Fort Collins	CO
First Western Trust Bank First Western Trust Bank Branch	1900 16th Street, Suite 1200	Denver	CO
The Colorado Bank and Trust Company of La Junta The Colorado Bank And Trust Company Branch	301 Colorado Avenue	La Junta	CO
Timberline Bank Timberline Bank Branch	633 24 Road	Grand Junction	CO
Liberty Savings Bank, F.S.B. E Yale Ave Branch	6460 E. Yale Avenue	Denver	CO
High Country Bank High Country Bank Branch	7360 West Us Highway 50	Salida	CO
Golden Belt Bank, FSA Fort Morgan Br Branch	321 Ensign Street	Fort Morgan	CO

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.