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Georgia Savings Rates 2017

If you have your savings dollars in a bank with low savings rates, then you are losing real money. With the magic of compounding interest, even an interest rate difference under 1% can really add up over time. See our Savings Booster Calculator to see why you should seek out a higher interest rate. The table below has an unbiased list of the savings and money market account rates of FDIC-insured banks that are near your current location (if they aren’t, then change the zip code above). Take a few minutes to explore these options and see how you can boost your savings by more than 6X the national average rate. You may also want to check credit unions near you or online banks by navigating through the tabs above. There is competition for your money. Take advantage of it!

GA - January 19, 2017

Savings Account National Average Rate: 0.13% ?

BANKS APY Vs. Nat'l Av. MIN MILES ?
The Citizens National Bank of Quitman 0.75% 6.00x $100 -
Synovus Bank 0.70% 5.60x $10,000 -
First State Bank of Blakely 0.65% 5.20x $2,500 -
First State Bank of Randolph County 0.65% 5.20x $2,500 -
Beal Bank USA 0.61% 4.88x $25,000 -
Embassy National Bank 0.60% 4.80x $10,000 -
Affinity Bank 0.60% 4.80x $25,000 -
Synovus Bank 0.60% 4.80x $1 -
The Citizens National Bank of Quitman 0.60% 4.80x $25,000 -
Bank of Newington 0.55% 4.40x $25,000 -
Family Bank 0.55% 4.40x $100 -
Bank of Dawson 0.50% 4.00x $100 -
Bank of Terrell 0.50% 4.00x $100 -
Bank of Early 0.50% 4.00x $2,500 -
First State Bank of Blakely 0.50% 4.00x $100 -
First Madison Bank & Trust 0.50% 4.00x $100 -
NOA Bank 0.50% 4.00x $25,000 -
Vidalia Federal Savings Bank 0.50% 4.00x $1 -
Affinity Bank 0.50% 4.00x $2,500 -
The Citizens National Bank of Quitman 0.50% 4.00x $1,000 -
Talbot State Bank 0.50% 4.00x $25,000 -
First State Bank of Randolph County 0.50% 4.00x $100 -
The Peoples Bank of Talbotton 0.50% 4.00x $2,500 -
The Piedmont Bank 0.50% 4.00x $1,000 -
The Peoples Bank 0.50% 4.00x $50 -
Bank of Alapaha 0.50% 4.00x $25 -
Bank of Newington 0.50% 4.00x $5 -
First Southern Bank 0.50% 4.00x $25,000 -
Citizens Community Bank 0.45% 3.60x $25,000 -
The Citizens State Bank of Taylor County 0.45% 3.60x $2,500 -
Douglas National Bank 0.45% 3.60x $25,000 -
First National Bank South 0.41% 3.28x $1 -
Commercial State Bank 0.40% 3.20x $100 -
Community Bank of Pickens County 0.40% 3.20x $25,000 -
Community Bank of Georgia 0.40% 3.20x $1 -
Liberty First Bank 0.40% 3.20x $100 -
Talbot State Bank 0.40% 3.20x $1 -
Atlantic Coast Bank 0.40% 3.20x $25,000 -
Bank of Early 0.40% 3.20x $2,500 -
Southern Bank 0.40% 3.20x $100 -
First Southern Bank 0.40% 3.20x $10,000 -
Affinity Bank 0.40% 3.20x $1,000 -
PrimeSouth Bank 0.40% 3.20x $25,000 -
First Federal Savings and Loan Association of Valdosta 0.40% 3.20x $25,000 -
Newton Federal Bank 0.40% 3.20x $2,500 -
Peoples Bank 0.40% 3.20x $2,500 -
The Four County Bank 0.36% 2.88x $100 -
Providence Bank 0.36% 2.88x $1 -
North Georgia National Bank 0.36% 2.88x $25,000 -
PrimeSouth Bank 0.35% 2.80x $10,000 -
Community Bank of Pickens County 0.35% 2.80x $1 -
Chattahoochee Bank of Georgia 0.35% 2.80x $10,000 -
Family Bank 0.35% 2.80x $2,500 -
First Intercontinental Bank 0.35% 2.80x $10,000 -
NOA Bank 0.35% 2.80x $5,000 -
Douglas National Bank 0.35% 2.80x $100 -
Guardian Bank 0.35% 2.80x $25,000 -
Southwest Georgia Bank 0.35% 2.80x $25,000 -
American Pride Bank 0.35% 2.80x $25,000 -
The Peoples Bank 0.35% 2.80x $1,000 -
First Federal Savings and Loan Association of Valdosta 0.35% 2.80x $10,000 -
Bank of Dade 0.30% 2.40x $2,500 -
Atlantic Coast Bank 0.30% 2.40x $10,000 -
First Federal Savings and Loan Association of Valdosta 0.30% 2.40x $1,000 -
Bank of Hancock County 0.30% 2.40x $25,001 -
Shinhan Bank America 0.30% 2.40x $25,000 -
Commercial Banking Company 0.30% 2.40x $250 -
Exchange Bank 0.30% 2.40x $25,000 -
Bank of Camilla 0.30% 2.40x $100 -
The Bank of La Fayette, Georgia 0.30% 2.40x $200 -
First Southern Bank 0.30% 2.40x $1 -
Planters and Citizens Bank 0.30% 2.40x $100 -
Farmers & Merchants Bank 0.30% 2.40x $50 -
Citizens Community Bank 0.30% 2.40x $2,500 -
Colony Bank 0.30% 2.40x $25,000 -
Century Bank and Trust 0.30% 2.40x $25,000 -
Atlantic National Bank 0.30% 2.40x $3,000 -
Bank of Newington 0.30% 2.40x $2,500 -
Bank of Madison 0.30% 2.40x $25,000 -
First Landmark Bank 0.30% 2.40x $25,000 -
Citizens Bank & Trust, Inc. 0.30% 2.40x $2,500 -
The Citizens Bank 0.30% 2.40x $25 -
PrimeSouth Bank 0.30% 2.40x $2,500 -
Bank of Wrightsville 0.30% 2.40x $10,000 -
Oconee Federal Savings and Loan Association 0.30% 2.40x $25,000 -
Guardian Bank 0.30% 2.40x $1 -
Altamaha Bank and Trust Company 0.30% 2.40x $1 -
Pelham Banking Company 0.30% 2.40x $100 -
Metro City Bank 0.30% 2.40x $25,000 -
First National Bank South 0.26% 2.08x $2,500 -
Stearns Bank National Association 0.26% 2.08x $1 -
Signature Bank of Georgia 0.26% 2.08x $25,000 -
PrimeSouth Bank 0.25% 2.00x $25 -
The Security State Bank 0.25% 2.00x $25 -
Bank of Early 0.25% 2.00x $100 -
Bank of Terrell 0.25% 2.00x $2,500 -
Community Bank of Pickens County 0.25% 2.00x $1 -
American Commerce Bank, National Association 0.25% 2.00x $25,000 -
Bank of Dudley 0.25% 2.00x $100 -
Wheeler County State Bank 0.25% 2.00x $100 -
The Piedmont Bank 0.25% 2.00x $1 -
Chattahoochee Bank of Georgia 0.25% 2.00x $1,000 -
First Intercontinental Bank 0.25% 2.00x $1 -
Gwinnett Community Bank 0.25% 2.00x $10,000 -
Beal Bank USA 0.25% 2.00x $500 -
Oconee State Bank 0.25% 2.00x $25,000 -
Bank of Dade 0.25% 2.00x $100 -
Liberty First Bank 0.25% 2.00x $100 -
First Madison Bank & Trust 0.25% 2.00x $1 -
State Bank of Cochran 0.25% 2.00x $100 -
Bank of Hancock County 0.25% 2.00x $25 -
Northside Bank 0.25% 2.00x $25,000 -
NOA Bank 0.25% 2.00x $1 -
Wilcox County State Bank 0.25% 2.00x $10,000 -
Community Banking Company of Fitzgerald 0.25% 2.00x $1 -
First National Bank of Coffee County 0.25% 2.00x $10,000 -
Southeastern Bank 0.25% 2.00x $25,000 -
Commercial Banking Company 0.25% 2.00x $25,000 -
Colony Bank 0.25% 2.00x $1 -
Legacy State Bank 0.25% 2.00x $100 -
Georgia Primary Bank 0.25% 2.00x $1 -
Embassy National Bank 0.25% 2.00x $1 -
Bank of Hazlehurst 0.25% 2.00x $100 -
Waycross Bank & Trust 0.25% 2.00x $100 -
Century Bank and Trust 0.25% 2.00x $200 -
Peoples Bank 0.25% 2.00x $100 -
Peoples Bank & Trust 0.25% 2.00x $1 -
Community National Bank 0.25% 2.00x $100 -
ServisFirst Bank 0.25% 2.00x $100 -
State Bank and Trust Company 0.25% 2.00x $1 -
Citizens Community Bank 0.25% 2.00x $50 -
Mount Vernon Bank 0.25% 2.00x $100 -
Citizens Bank & Trust, Inc. 0.25% 2.00x $100 -
Southwest Georgia Bank 0.25% 2.00x $50 -
South Coast Bank & Trust 0.25% 2.00x $250 -
CornerstoneBank 0.25% 2.00x $100 -
CharterBank 0.25% 2.00x $15,000 -
Bank of Camilla 0.25% 2.00x $2,500 -
First Federal Savings and Loan Association of Valdosta 0.25% 2.00x $100 -
Guardian Bank 0.25% 2.00x $1,000 -
Farmers and Merchants Bank 0.25% 2.00x $50 -
Oconee Federal Savings and Loan Association 0.25% 2.00x $1 -
PeoplesSouth Bank 0.25% 2.00x $25,000 -
Bank of Madison 0.25% 2.00x $10,000 -
Bank of Wrightsville 0.25% 2.00x $100 -
The Brand Banking Company 0.24% 1.92x $1 -
Signature Bank of Georgia 0.21% 1.68x $1,000 -
Atlantic Coast Bank 0.20% 1.60x $2,500 -
BBCN Bank 0.20% 1.60x $500 -
The Commercial Bank 0.20% 1.60x $25,000 -
F&M Bank 0.20% 1.60x $100 -
State Bank of Cochran 0.20% 1.60x $1,000 -
Bank of Dudley 0.20% 1.60x $1,000 -
Durden Banking Company, Incorporated 0.20% 1.60x $25,000 -
The Merchants & Citizens Bank 0.20% 1.60x $100 -
Beal Bank USA 0.20% 1.60x $1,000 -
Bank of Monticello 0.20% 1.60x $1,000 -
Pelham Banking Company 0.20% 1.60x $2,500 -
Oconee State Bank 0.20% 1.60x $2,500 -
Shinhan Bank America 0.20% 1.60x $1 -
Century Bank and Trust 0.20% 1.60x $1 -
American Commerce Bank, National Association 0.20% 1.60x $1 -
The Four County Bank 0.20% 1.60x $1,000 -
United National Bank 0.20% 1.60x $100 -
Century Bank of Georgia 0.20% 1.60x $25,000 -
Thomas County Federal Savings and Loan Association 0.20% 1.60x $1 -
Legacy State Bank 0.20% 1.60x $10,000 -
Wilcox County State Bank 0.20% 1.60x $1 -
Iberiabank 0.20% 1.60x $10,000 -
Northside Bank 0.20% 1.60x $1 -
State Bank of Georgia 0.20% 1.60x $25,000 -
The Bank of La Fayette, Georgia 0.20% 1.60x $25,000 -
Synovus Bank 0.20% 1.60x $25,000 -
Thomasville National Bank 0.20% 1.60x $100 -
First Landmark Bank 0.20% 1.60x $1 -
Wilkinson County Bank 0.20% 1.60x $2,500 -
Morris Bank 0.20% 1.60x $1,000 -
Quantum National Bank 0.20% 1.60x $1 -
Sunmark Community Bank 0.20% 1.60x $10,000 -
CornerstoneBank 0.20% 1.60x $10,000 -
Commercial Banking Company 0.20% 1.60x $5,000 -
Persons Banking Company 0.20% 1.60x $25,000 -
Peoples Bank of East Tennessee 0.20% 1.60x $10,000 -
American Pride Bank 0.20% 1.60x $5,000 -
Fidelity Bank 0.20% 1.60x $25,000 -
West Central Georgia Bank 0.20% 1.60x $50 -
Bank of Hancock County 0.20% 1.60x $1,000 -
Southeastern Bank 0.20% 1.60x $25,000 -
FirstBank 0.20% 1.60x $10,001 -
Stearns Bank National Association 0.20% 1.60x $25,000 -
First National Bank of Decatur County 0.20% 1.60x $100 -
Hamilton State Bank 0.20% 1.60x $25,000 -
First Peoples Bank 0.20% 1.60x $10,001 -
North Georgia National Bank 0.16% 1.28x $10,000 -
Farmers & Merchants Bank 0.15% 1.20x $10,000 -
The Heritage Bank 0.15% 1.20x $10 -
Fidelity Bank 0.15% 1.20x $1 -
Farmers & Merchants Bank 0.15% 1.20x $10,000 -
Exchange Bank 0.15% 1.20x $25,000 -
Bank of the Ozarks 0.15% 1.20x $25,000 -
BankSouth 0.15% 1.20x $2,500 -
Durden Banking Company, Incorporated 0.15% 1.20x $10,000 -
The Trust Bank 0.15% 1.20x $100 -
Chattahoochee Bank of Georgia 0.15% 1.20x $2,500 -
West Central Georgia Bank 0.15% 1.20x $25,000 -
Citizens Bank & Trust Company 0.15% 1.20x $1 -
Alma Exchange Bank & Trust 0.15% 1.20x $500 -
Security Federal Bank 0.15% 1.20x $10,000 -
South Coast Bank & Trust 0.15% 1.20x $1 -
Oconee State Bank 0.15% 1.20x $100 -
The Citizens Bank of Cochran 0.15% 1.20x $100 -
The Farmers Bank 0.15% 1.20x $25,000 -
ServisFirst Bank 0.15% 1.20x $1 -
Southern Bank & Trust 0.15% 1.20x $100 -
Waycross Bank & Trust 0.15% 1.20x $100 -
PeoplesSouth Bank 0.15% 1.20x $2,500 -
CharterBank 0.15% 1.20x $1,000 -
FirstBank 0.15% 1.20x $25 -
The Citizens State Bank of Taylor County 0.15% 1.20x $50 -
The Commercial Bank 0.15% 1.20x $100 -
Century Bank of Georgia 0.15% 1.20x $10,000 -
Wilcox County State Bank 0.15% 1.20x $1,000 -
AB&T National Bank 0.15% 1.20x $25,001 -
Bank of Madison 0.15% 1.20x $100 -
State Bank of Georgia 0.15% 1.20x $500 -
The Peoples Bank of Talbotton 0.15% 1.20x $100 -
First Bank of Pike 0.15% 1.20x $100 -
Flint Community Bank 0.15% 1.20x $500 -
Southern Bank 0.15% 1.20x $2,500 -
South State Bank 0.15% 1.20x $2,500 -
Persons Banking Company 0.15% 1.20x $10,000 -
Northside Bank 0.15% 1.20x $100 -
Oconee Federal Savings and Loan Association 0.15% 1.20x $1 -
South Georgia Bank 0.15% 1.20x $1 -
Bank of Monticello 0.15% 1.20x $1 -
Queensborough National Bank & Trust Company 0.15% 1.20x $10,001 -
F & M Bank and Trust Company 0.15% 1.20x $25,000 -
Morris Bank 0.15% 1.20x $100 -
Wilkinson County Bank 0.15% 1.20x $1 -
The Claxton Bank 0.15% 1.20x $1,000 -
River City Bank 0.15% 1.20x $1 -
First Bank of Coastal Georgia 0.15% 1.20x $25 -
First Bank 0.15% 1.20x $25,000 -
Southwest Georgia Bank 0.15% 1.20x $2,500 -
Greater Community Bank 0.15% 1.20x $10,000 -
The Bank of La Fayette, Georgia 0.15% 1.20x $10,000 -
Community Banking Company of Fitzgerald 0.15% 1.20x $2,500 -
Renasant Bank 0.15% 1.20x $10,000 -
Southeastern Bank 0.15% 1.20x $100 -
Legacy State Bank 0.15% 1.20x $1,000 -
Glennville Bank 0.15% 1.20x $25,000 -
Community National Bank 0.15% 1.20x $5,000 -
First American Bank and Trust Company 0.15% 1.20x $25,000 -
American Commerce Bank, National Association 0.15% 1.20x $100 -
Planters and Citizens Bank 0.15% 1.20x $2,500 -
Commercial Banking Company 0.15% 1.20x $2,500 -
Iberiabank 0.15% 1.20x $2,500 -
First National Community Bank 0.15% 1.20x $25,000 -
Sunmark Community Bank 0.15% 1.20x $2,500 -
Heritage Bank 0.15% 1.20x $25,000 -
Peach State Bank & Trust 0.15% 1.20x $1 -
First National Bank of Decatur County 0.15% 1.20x $2,500 -
South Georgia Banking Company 0.15% 1.20x $1 -
Synovus Bank 0.15% 1.20x $25,000 -
First Volunteer Bank 0.15% 1.20x $24,999 -
Community Bank of Georgia 0.15% 1.20x $1 -
Resurgens Bank 0.15% 1.20x $10,000 -
Century Bank and Trust 0.15% 1.20x $1 -
Touchmark National Bank 0.15% 1.20x $1 -
United Bank 0.15% 1.20x $10 -
First Community Bank 0.15% 1.20x $25,000 -
Southern States Bank 0.13% 1.04x $25,000 -
Hamilton State Bank 0.12% 0.96x $5,000 -
Signature Bank of Georgia 0.11% 0.88x $1,000 -
Atlantic Coast Bank 0.11% 0.88x $50 -
PNC Bank, National Association 0.11% 0.88x $25,000 -
Security Federal Bank 0.10% 0.80x $100 -
Heritage Bank 0.10% 0.80x $1,000 -
The Commercial Bank 0.10% 0.80x $2,500 -
BankSouth 0.10% 0.80x $200 -
Exchange Bank 0.10% 0.80x $1 -
Southeastern Bank 0.10% 0.80x $2,500 -
First Peoples Bank 0.10% 0.80x $1 -
Durden Banking Company, Incorporated 0.10% 0.80x $50 -
Glennville Bank 0.10% 0.80x $1 -
Farmers and Merchants Bank 0.10% 0.80x $1 -
Southcrest Bank, National Association 0.10% 0.80x $1 -
First National Bank of Coffee County 0.10% 0.80x $2,500 -
First Bank 0.10% 0.80x $1,500 -
Farmers & Merchants Bank 0.10% 0.80x $1 -
Foothills Community Bank 0.10% 0.80x $25 -
Heritage First Bank 0.10% 0.80x $25,000 -
Metro City Bank 0.10% 0.80x $250 -
Resurgens Bank 0.10% 0.80x $1 -
South State Bank 0.10% 0.80x $1 -
First National Bank of Griffin 0.10% 0.80x $1 -
Atlantic National Bank 0.10% 0.80x $500 -
F & M Bank and Trust Company 0.10% 0.80x $100 -
Flint Community Bank 0.10% 0.80x $1 -
Thomasville National Bank 0.10% 0.80x $1 -
Farmers & Merchants Bank 0.10% 0.80x $100 -
WestSide Bank 0.10% 0.80x $100 -
South Georgia Banking Company 0.10% 0.80x $10,001 -
Citizens Bank of Washington County 0.10% 0.80x $100 -
Bank of the Ozarks 0.10% 0.80x $10,000 -
Southeast First National Bank 0.10% 0.80x $50 -
Farmers State Bank 0.10% 0.80x $1,000 -
East West Bank 0.10% 0.80x $10,000 -
The First National Bank of Waynesboro 0.10% 0.80x $50 -
The Peoples Bank 0.10% 0.80x $10,000 -
First Bank of Pike 0.10% 0.80x $500 -
First Volunteer Bank 0.10% 0.80x $1,000 -
Stearns Bank National Association 0.10% 0.80x $1,000 -
Persons Banking Company 0.10% 0.80x $1 -
The Bank of La Fayette, Georgia 0.10% 0.80x $2,500 -
First Landmark Bank 0.10% 0.80x $1 -
River City Bank 0.10% 0.80x $1 -
CornerstoneBank 0.10% 0.80x $2,500 -
Vinings Bank 0.10% 0.80x $100 -
PeoplesSouth Bank 0.10% 0.80x $200 -
First American Bank and Trust Company 0.10% 0.80x $1 -
Queensborough National Bank & Trust Company 0.10% 0.80x $2,500 -
First Chatham Bank 0.10% 0.80x $1 -
AB&T National Bank 0.10% 0.80x $1,001 -
First National Community Bank 0.10% 0.80x $10,000 -
North Georgia National Bank 0.10% 0.80x $100 -
Greater Community Bank 0.10% 0.80x $500 -
Sunmark Community Bank 0.10% 0.80x $100 -
South Georgia Bank 0.10% 0.80x $100 -
Peach State Bank & Trust 0.10% 0.80x $100 -
Farmers & Merchants Bank 0.10% 0.80x $50 -
American Pride Bank 0.10% 0.80x $1 -
PNC Bank, National Association 0.10% 0.80x $2,500 -
The Farmers Bank 0.10% 0.80x $10,000 -
West Central Georgia Bank 0.10% 0.80x $1,000 -
Southern States Bank 0.10% 0.80x $100 -
Touchmark National Bank 0.10% 0.80x $10,000 -
The Bank of Soperton 0.10% 0.80x $1 -
Ameris Bank 0.10% 0.80x $25,000 -
United National Bank 0.10% 0.80x $2,500 -
Bank of Eastman 0.10% 0.80x $50 -
Planters First Bank 0.10% 0.80x $100 -
The Citizens Bank of Forsyth County 0.10% 0.80x $1 -
United Community Bank 0.10% 0.80x $1 -
First Community Bank 0.10% 0.80x $10,000 -
Park Sterling Bank 0.10% 0.80x $25,000 -
Atlantic Capital Bank, National Association 0.10% 0.80x $10,000 -
The Citizens Bank of Cochran 0.10% 0.80x $15,000 -
BBCN Bank 0.10% 0.80x $1 -
Synovus Bank 0.10% 0.80x $10,000 -
State Bank and Trust Company 0.10% 0.80x $1 -
Pinnacle Bank 0.09% 0.72x $25,000 -
CharterBank 0.09% 0.72x $15,000 -
PNC Bank, National Association 0.09% 0.72x $10,000 -
Southern States Bank 0.08% 0.64x $5,000 -
Hamilton State Bank 0.08% 0.64x $100 -
The Citizens Bank of Forsyth County 0.08% 0.64x $100 -
Heritage First Bank 0.07% 0.56x $1 -
Atlantic Capital Bank, National Association 0.07% 0.56x $100 -
City National Bank 0.07% 0.56x $25,000 -
First Volunteer Bank 0.06% 0.48x $100 -
Atlantic Capital Bank, National Association 0.06% 0.48x $10,000 -
Synovus Bank 0.05% 0.40x $1,000 -
First American Bank and Trust Company 0.05% 0.40x $1 -
Farmers & Merchants Bank 0.05% 0.40x $1,000 -
Vinings Bank 0.05% 0.40x $1 -
Capital City Bank 0.05% 0.40x $1 -
Ameris Bank 0.05% 0.40x $200 -
The Claxton Bank 0.05% 0.40x $25 -
Carver State Bank 0.05% 0.40x $2,501 -
Renasant Bank 0.05% 0.40x $50 -
Armed Forces Bank, National Association 0.05% 0.40x $100 -
Heritage First Bank 0.05% 0.40x $100 -
Georgia Heritage Bank 0.05% 0.40x $1,000 -
The Farmers Bank 0.05% 0.40x $200 -
Bank of the Ozarks 0.05% 0.40x $100 -
The Peoples Bank 0.05% 0.40x $100 -
First Chatham Bank 0.05% 0.40x $1 -
South State Bank 0.05% 0.40x $1 -
Peoples Bank of East Tennessee 0.05% 0.40x $1 -
Century Bank of Georgia 0.05% 0.40x $200 -
WestSide Bank 0.05% 0.40x $1,000 -
Pinnacle Bank 0.05% 0.40x $1 -
First Century Bank, National Association 0.05% 0.40x $25,000 -
Citizens Trust Bank 0.05% 0.40x $100 -
Planters First Bank 0.05% 0.40x $1,000 -
State Bank of Georgia 0.05% 0.40x $1 -
East West Bank 0.05% 0.40x $1 -
CharterBank 0.05% 0.40x $1,000 -
The Geo. D. Warthen Bank 0.05% 0.40x $100 -
Southeastern Bank 0.05% 0.40x $2,500 -
First Community Bank 0.05% 0.40x $100 -
First National Bank of Coffee County 0.05% 0.40x $200 -
Woodforest National Bank 0.05% 0.40x $1 -
First-Citizens Bank & Trust Company 0.05% 0.40x $1 -
City National Bank 0.05% 0.40x $25,000 -
First State Bank 0.05% 0.40x $50 -
Quantum National Bank 0.05% 0.40x $10,000 -
Fifth Third Bank 0.05% 0.40x $25,000 -
First Bank 0.05% 0.40x $2,500 -
River City Bank 0.05% 0.40x $100 -
Southern States Bank 0.05% 0.40x $1,500 -
Persons Banking Company 0.05% 0.40x $50 -
AB&T National Bank 0.05% 0.40x $1 -
The PrivateBank and Trust Company 0.05% 0.40x $2,500 -
Farmers State Bank 0.05% 0.40x $100 -
Heritage Bank 0.05% 0.40x $5 -
The Northern Trust Company 0.05% 0.40x $500 -
South Georgia Banking Company 0.05% 0.40x $2,500 -
Atlantic Capital Bank, National Association 0.05% 0.40x $2,500 -
First Volunteer Bank 0.05% 0.40x $100 -
Park Sterling Bank 0.05% 0.40x $500 -
Iberiabank 0.05% 0.40x $2,500 -
First National Community Bank 0.05% 0.40x $1 -
The Citizens Bank of Cochran 0.05% 0.40x $1 -
Touchmark National Bank 0.05% 0.40x $1 -
Branch Banking and Trust Company 0.04% 0.32x $10,000 -
CharterBank 0.04% 0.32x $1 -
Newton Federal Bank 0.04% 0.32x $25 -
Pinnacle Bank 0.04% 0.32x $1 -
Northeast Georgia Bank 0.04% 0.28x $2,500 -
Carver State Bank 0.03% 0.24x $1 -
Bank of America, National Association 0.03% 0.24x $1 -
Armed Forces Bank, National Association 0.03% 0.24x $1 -
First Century Bank, National Association 0.03% 0.24x $100 -
Renasant Bank 0.03% 0.24x $1,000 -
Guaranty Bank 0.03% 0.24x $10,000 -
Rabun County Bank 0.03% 0.24x $1 -
City National Bank 0.03% 0.24x $2,500 -
First Covenant Bank 0.03% 0.24x $250 -
Wells Fargo Bank, National Association 0.03% 0.24x $1 -
The PrivateBank and Trust Company 0.03% 0.24x $1 -
Synovus Bank 0.03% 0.24x $1,000 -
PNC Bank, National Association 0.03% 0.24x $1 -
Northeast Georgia Bank 0.03% 0.24x $100 -
Synovus Bank 0.02% 0.16x $1 -
Branch Banking and Trust Company 0.02% 0.16x $1,000 -
Fifth Third Bank 0.02% 0.16x $10,000 -
United Community Bank 0.02% 0.16x $2,500 -
First Covenant Bank 0.02% 0.16x $15,000 -
First Tennessee Bank, National Association 0.02% 0.16x $25,000 -
The Northern Trust Company 0.02% 0.16x $1 -
First Tennessee Bank, National Association 0.01% 0.08x $1 -
Regions Bank 0.01% 0.08x $2,500 -
Capital City Bank 0.01% 0.08x $1 -
Georgia Heritage Bank 0.01% 0.08x $1,000 -
Fifth Third Bank 0.01% 0.08x $1 -
Wells Fargo Bank, National Association 0.01% 0.08x $2,500 -
JPMorgan Chase Bank, National Association 0.01% 0.08x $1 -
First Covenant Bank 0.01% 0.08x $5,000 -
First Century Bank, National Association 0.01% 0.08x $1,000 -
Rabun County Bank 0.01% 0.08x $1,000 -
Guaranty Bank 0.01% 0.08x $25 -
SunTrust Bank 0.01% 0.08x $1 -
Queensborough National Bank & Trust Company 0.01% 0.08x $200 -
Bank of America, National Association 0.01% 0.08x $1 -
City National Bank 0.01% 0.08x $1 -
Park Sterling Bank 0.01% 0.08x $1,000 -
Branch Banking and Trust Company 0.01% 0.08x $1 -
PNC Bank, National Association 0.01% 0.08x $2,500 -


BestCashCow strives to maintain the most accurate rates. If you find a rate that is not accurate, please let us know by commenting below so that we can update it. Thank you for your help.

PRODUCT INFORMATION


Local Savings Accounts 2017

Savings accounts offer depositors flexibility along with the stability of FDIC insurance (assuming your deposit amounts are within FDIC limits – see below). Savings accounts are a good place to keep money for unforeseen expenses, as well as money that you may be preparing to use and want to keep safe. Individuals often use savings accounts for a home down payment, a vacation, a wedding, a car, an emergency fund, or other near-term expenditures. However, if you have cash that you do not believe you will need for at least a year, you may want to consider investing in a certificate of deposit.

While online savings account have grown in popularity and usage dramatically over the past fifteen years, some consumers prefer opening an account in a branch and having a personal relationship with the people who safeguard their money. Physical branches also provide an easy way to get cash instantly, to deposit checks, to access to notaries, and sometimes to get free coffee and donuts.

You will find a map with all banks that are close to you here.

FDIC Insurance

BestCashCow strongly recommends that when depositing money, you stay within the insured limits of the Federal Deposit Insurance Corporation (“FDIC”). You should not deposit over $250,000 at a single bank across all products (savings or share certificates, certificates of deposit or time deposits, etc.) unless these deposits are made across different product types (individual, joint, etc). Learn more about FDIC insurance and different product types here. If you are still uncertain whether you are within FDIC limits, you should visit the FDIC's website to determine your coverage limits based on your circumstances.

Advantages of Local Savings or Money Market Accounts:

  • Higher interest rate than a checking account, usually.
  • Personal service and interaction. Unlike an online account you are building a relationship with your banker by opening it in a branch.
  • Online access. Often, depending on the size of the bank, banks enable transactions and deposits to be performed online or through a mobile application.
  • Liquidity. Depositors can withdraw their money at any time.

Disadvantages:

  • A variable interest rate. Rates can change at any time. In a falling rate environment, this is a negative. In a rising rate environment, this is a positive.
  • A lower rate than an online bank. Branches are expensive and non-online banks often can't afford to pay as much interest as an online bank.

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 Booster 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 and be sure it is appropriate. 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 BOOSTER CALCULATOR

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

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  • george koshefsky

    April 21, 2015

    Where is the list of the worst online banks to bank with or the States to avoid

  • ctyank January 19, 2015

    January 19, 2015

    Liberty Bank...Hamden, CT...new branch opening...special savings rate, 1.50% up to $100,000.00 through 2016...do not beleive it is available to om-line customer(s)...checking account linked, free...

  • Sol @ Travis

    September 29, 2013

    @ Travis

    In many cases we do provide this information. For example, the Belmont Savings Bank rate you list above comes with a clear disclaimer if you click the Learn more button. We're always trying to improve though and will certainly continue to gather additional information. Thanks for your comment.

  • Travis MacDonald

    September 29, 2013

    I find the numbers decieving. Some of your banks listed with the highest APR have many restrictions and requirements. I feel that these should be listed on your site in the "details" section to avoid any "bait-and-switch" claims. For instance, Belmont Savings Bank in Belmont, MA is listed as having a 1.00% APR, but the savings account requires a companion checking account with a daily average balance of 250,000. Another example is Salen Five cents Bank under the online banks. The account listed is not available on their website. When I inquired about it, they told me that particular savings product was reserved as an add-on for accounts with daily balances in excess of $10,000. It seems alot of research went into the details pages in terms of company financials and whatnot. Seems like a little more research could be done on the savings and checking products themselves.

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