Best Local Bank Savings and Money Market Rates in Maryland, MD August 3, 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!

MD - August 3, 2025

Savings Account National Average Rate: 0.45% ^?

Banks	APY	MIN
Neighbors Bank	4.60%	$25,000	Learn More
Online Savings Account. Account is indicated as not currently available to new customers, but bank accepts new customers who sign up to be notified after 1-2 weeks. Last change: ↓0.15% on March 12. Rate History: 5.15% → 5.00% → 4.85% → 4.75% → 4.60%
redstate jeff \| Oct 29, 2024 Agree with the prior review even though it is 10 years old. It is shady and it doesn't show up on other sites. However, they did pay me 5.30% and although it is recently lowered to 5.15% it is still the b... Read More Reviews (2)
PiBank, a division of Intercredit Bank, NA	4.60%	$0	Learn More
Last change: ↓ 0.15% on February 3.
Teresa McGee \| Jan 22, 2025 It wasn't all smooth. I needed to call, long wait times. In the end, I felt like the beta customer which isn't how you want to feel with a bank. Read More Reviews (1)
FitnessBank, a division of Affinity Bank	4.55%	$100	Learn More
Rate requires download of bank app and recording of over 12,500 average daily steps (or 10,000 if over age of 65). Last change: ↓0.20% on February 3. Rate History: 4.75% → 5.00% → 4.90% → 4.75% → 4.55%
JGothelf \| Oct 11, 2022 Glad to have found this one and thanks to bestcashcow for not hiding the best rates like bankrate does Read More Reviews (26)
Climate First Bank	4.46%	$50,000	Learn More
New money only. Requires Direct Deposit. Account carries a $15 monthly service charge. Rate History: 5.34% → 4.72% → 4.46%
tjgarnett \| Mar 2, 2024 Attracted to the name, but the service had too many steps so I didn't open an account. Read More Reviews (1)
Axos Bank	4.46%	$0	Learn More
Last change: ↓ 0.20% on August 2.
Rate History: 4.66% → 4.46%
wertlkgt \| Mar 28, 2022 Vaporware. Was approved to open an account. I logged in on several different browsers with differing rendering codes--each time got nothing but 3 circles running left to right for up to a half hour when I ... Read More Reviews (9)
TotalDirect, a division of City National Bank of Florida	4.41%	$2,500	Learn More
Direct Money Market Account. Rate History: 4.86% → 4.67% → 4.51% → 4.47% → 4.41%
79Thru \| Mar 21, 2023 Parent seems to be owned by a large Chilean bank. Not saying this is good or bad, but it is complication, especially in the current environment. Read More Reviews (9)
EagleBank Shady Grove Branch	4.40% 2.20%	$0 $100	Learn More Add Review
Presidential Bank, FSB Rockville Branch	4.37%	$25,000	Learn More Add Review
Peak Bank	4.35%	$100	Learn More
Last change: ↓ 0.09% on August 2.
Rate History: 4.75% → 4.35% → 4.54% → 4.44% → 4.35%
Gary Smith \| Jan 28, 2025 4.75% is an introductory rate and they are not openly clear about that. Don't expect 4.75% to continue. They are otherwise competitive. Read More Reviews (1)
Citibank, National Association Potomac Promenade Branch	4.35% 0.20%	$0 $1	Learn More
Promotional rate for 3 months up to $11,000. Requires $25,000 in new deposits within 10 days of registration. After 3 month promotional period, rate reverts to between 0.03% and 0.12%. Rate History: 5.00% → 4.75% → 5.00% → 4.50% → 4.35%
Azoic \| Feb 25, 2022 I joined Citi with a Costco-VISA card. An Accelerate followed, and then a checking account. Costco-VISA is necessary for using a credit card at Costco, otherwise cash is necessary. Accelerate Savings w... Read More Reviews (22)
Brilliant Bank, a division of Equity Bank	4.35%	$2,000	Learn More
Surge Money Market. Bank reports that this rate is available for new accounts only. External transfers are limited to $5,000/day and are not free. Rate History: 4.85% → 4.70% → 4.50% → 4.40% → 4.35%
Jason T \| May 30, 2023 They really do pay this amount, but the account lacks any functionality and they are constantly looking for some sort of add-on fee to enable them to claw back the interest. Any bank with a higher rate an... Read More Reviews (6)
CFG Bank	4.32%	$1,000	Learn More
High Yield Money Market. External transfers are limited to $30,000 per week. Rate History: 4.80% → 4.65% → 4.52% → 4.37% → 4.32%
TJK \| Sep 30, 2023 CFG overs very competitive Interest rates on their High Yield Savings account. I did everything ONLINE and have not had any issues with their service. Read More Reviews (51)
CFG Bank Baltimore Branch	4.32%	$1,000	Learn More
Rate History: 4.80% → 4.65% → 4.52% → 4.37% → 4.32%
richardw9 \| Jan 30, 2025 I found CFG Bank while searching for high APYs and went with them since they consistently offers some of the best rates in the country. I’ve had a great experience with my personal money market account. ... Read More Reviews (9)
Vio Bank, A Division of MidFirst Bank	4.31%	$100	Learn More
Cornerstone Money Market Account. Bank reports that this account is available to new customers only. Old account holders in the savings product are earning 1.10%. Rate History: 4.56% → 4.46% → 4.41% → 4.36% → 4.31%
Jim S \| Dec 21, 2023 Very easy to setup 6 month 5.35% CD from cornerstone account Read More Reviews (38)
TIAA Bank / Everbank	4.30%	$0	Learn More
Performance Savings Last change: ↓0.10% on January 18. Rate History: 5.15% → 5.05% → 4.75% → 4.40% → 4.30%
smithy1968 \| Mar 20, 2025 A non-customer-friendly organization that just switches between two contaminated brands trying to bring back some sort of goodwill that it had before it started selling fake foreign currency CDs in 2006 an... Read More Reviews (40)
Rising Bank, a division of Midwest BankCentre	4.30%	$1,000	Learn More
External outbound transfers are limited to $25,000 per day. Last change: ↓0.10% on April 18. Rate History: 5.00% → 4.90% → 4.50% → 4.40% → 4.30%
Az1 \| Aug 26, 2022 Too slow to raise rates. Read More Reviews (8)
Bread Savings, a division of Bread Financial	4.25%	$100	Learn More
High-Yield Savings Account. Outbound transfers limited to $10,000/day or less. Last change: ↓0.05% on July 13. Rate History: 4.50% → 4.40% → 4.35% → 4.30% → 4.25%
m abram \| Jul 4, 2025 Bread's current 6-month CD is 4.45%, not 4.35%. Read More Reviews (41)
First Foundation Bank	4.25%	$1,000	Learn More
Online Savings Account Last change: ↓0.15% on May 24. Rate History: 4.90% → 4.75% → 4.50% → 4.40% → 4.25%
james \| Nov 18, 2023 bank delayed 1-2days to credit into your account, pay less interest. Read More Reviews (32)
Quontic Bank	4.25%	$100	Learn More
Quontic Money Market Account. Rate History: 4.00% → 4.75% → 4.50% → 4.25% → 4.25%
JuanVelasco \| Mar 17, 2023 STAY AWAY ! They closed my accounts with no warning. After multiple successful direct deposits and mobile checks deposits, they claimed one of the three checks I deposited a few days ago was fake. No... Read More Reviews (15)
Banesco USA	4.25%	$300	Learn More
Rate History: 4.50% → 4.40% → 4.25% → 4.00% → 4.25%
Dkplan \| Dec 27, 2022 They gave a hard time with their cashier's check. They returned my deposited check that was emitted by them. Could you believe? Read More Reviews (8)
Ivy Bank, a division of Cambridge Savings Bank	4.25%	$2,500	Learn More
Online Savings Account. Last change: ↓0.35% on December 18, 2024. Rate History: 5.00% → 5.30% → 5.00% → 4.60% → 4.25%
lrcbob \| Jul 26, 2024 Multiple roadblocks trying to set up a savings account with Ivy Bank and my application was ultimately declined, in spite of my multiple CDs among three banks, stock investments, eleven credit cards, and c... Read More Reviews (25)
Forbright Bank Congressional Bank Branch	4.25%	$0	Learn More
Growth Savings Last change: ↓0.35% on January 8. Rate History: 5.15% → 5.30% → 5.00% → 4.60% → 4.25%
lrcbob \| Jul 26, 2024 Multiple roadblocks trying to set up a savings account with Forbright and my application was ultimately declined, in spite of my multiple CDs among three banks, stock investments, eleven credit cards, and ... Read More Reviews (2)
Colorado Federal Savings Bank	4.25% 4.20%	$50,000 $1	Learn More
Last change: ↓ 0.20% on February 17.
Rate History: 4.45% → 4.45% → 4.25%
jp2 \| Jul 1, 2022 not really an onllne bank. compare this interface that gives you no information with that of any other bank (I cannot even confirm the rate). cannot switch in and out of cds or np cds. just not an online b... Read More Reviews (16)
Merchants Bank of Indiana	4.25%	$50	Learn More
Money Market Account. Bank does not offer ACH processing; customers need to initiate ACH externally. Rate History: 5.00% → 4.75% → 4.50% → 4.25%
65JimmyJay \| Dec 12, 2022 Developed buyers remorse after they stopped raising the rate and switched to Brilliant. Read More Reviews (5)
LendingClub Bank, National Association	4.20%	$0	Learn More
LevelUp Savings Account. Requires direct deposit of at least $250/month. Bank's standard online savings rate is 3.40% APY. Last change: ↓0.20% on July 15. Rate History: 5.00% → 4.75% → 4.50% → 4.40% → 4.20%
overdrawn \| Nov 12, 2022 I was shopping for deposit rates in August, and NerdWallet, a site I had previously trusted, had it on their list. I was unaware they took deposits. They are the only bank that ever duplicated a transactio... Read More Reviews (21)
Bask Bank, a division of Texas Capital Bank	4.20%	$0	Learn More
Last change: ↓ 0.15% on April 18.
Rate History: 4.65% → 4.65% → 4.50% → 4.35% → 4.20%
smithy1968 \| Apr 20, 2024 Save your tears for another day. Very frustrating. 1-star. Read More Reviews (19)
Jenius Bank, a division of Sumitomo Mitsui Bank	4.20%	$0	Learn More
Last change: ↓ 0.30% on March 12.
Rate History: 5.25% → 5.05% → 4.80% → 4.50% → 4.20%
lrcbob \| Jul 26, 2024 Multiple roadblocks trying to set up a savings account with Jenius Bank and my application was ultimately declined, in spite of my multiple CDs among three banks, stock investments, eleven credit cards, an... Read More Reviews (2)
Primis Bank North Rockville Branch	4.20%	$1	Learn More
Online Savings Account. Last change: ↓0.15% on July 21. Rate History: 4.75% → 4.70% → 4.35% → 4.20%
American Banker \| Apr 7, 2023 Good luck deploying those high yield savings into profitable investments. It’s always a bad strategy … unbridled growth using volatile deposits forcing them to go out on the risk spectrum to make a dec... Read More Reviews (12)
Transportation Alliance Bank, Inc. d/b/a TAB Bank	4.15%	$1	Learn More
High Yield Savings Account. Last change: ↓0.11% on July 15. Rate History: 5.02% → 4.52% → 4.37% → 4.26% → 4.15%
Yat 1965 \| Mar 19, 2022 Problem with ties to puppy mills. I closed a cct. https://www.americanbanker.com/news/tab-bank-dragged-into-seedy-world-of-puppy-mill-loans-by-fintech-partner Read More Reviews (8)
M.Y. SAFRA BANK, FSB	4.15% 2.00%	$5,000 $5,000	Learn More
Rate History: 4.00% → 2.51% → 5.25% → 5.00%
Richard \| Jul 1, 2022 Very easy opening process and wonderful staff. Read More Reviews (6)
North American Savings Bank	4.10%	$10,000	Learn More
Rate History: 4.90% → 4.75% → 4.55% → 4.20% → 4.10%
A Terkowitz \| Feb 15, 2024 I have always had great experiences with short-term CDs from this bank. No delays. Read More Reviews (3)
ConnectOne Bank	4.10% 4.00%	$250,000 $2,500	Learn More
Last change: ↓ 0.30% on December 9, 2024.
Rate History: 4.50% → 4.00% → 3.45% → 4.40% → 4.10%
praveen raj \| Jan 18, 2024 Hi, We've noticed your website is at risk due to spammy comments and contact form submissions, making it susceptible to issues like spammy backlinks and data breaches. Don't worry—there's a simple sol... Read More Reviews (19)
Popular Direct	4.05%	$100	Learn More
Direct Savings. Bank reports that this rate is available for new accounts only. Last change: ↓0.05% on April 4. Rate History: 4.40% → 4.30% → 4.20% → 4.10% → 4.05%
Neil \| Dec 18, 2023 I submitted a CD application 18 months 5.50 APY over a week ago and my application was declined no reason was given, I have the funds in another bank for transfer, credit score over 800. I think the reason... Read More Reviews (30)
Prime Alliance Bank	4.05%	$0	Learn More
Personal Savings Account. Last change: ↓0.10% on June 24. Rate History: 4.50% → 4.15% → 4.05%
JBaker65 \| May 6, 2023 Fully functional bank account that would be great for my needs, but the quarterly interest payment thing is a real nuisance. I wish they would change it. It isn't market. Read More Reviews (10)
Ridgewood Savings Bank	4.05%	$10,000	Learn More
Rate History: 4.65% → 4.75% → 4.25% → 4.05%
an \| Apr 25, 2022 We would not be having all this trouble with people sealing money out of other people's bank accounts if we were to just stop using fancy banking like onlinebanki Read More Reviews (5)
Bank5 Connect	4.05% 1.50%	$25,000 $100	Learn More
Jumbo Savings. Last change: ↓0.10% on April 18. Rate History: 4.60% → 4.50% → 4.25% → 4.15% → 4.05%
BW \| Jul 17, 2021 I've been with this bank for 6 months and have not had any problems. Bill pay works good. The 24 month investing CD is another vechile I use. Rates are above average considering the national rate. I'd reco... Read More Reviews (10)
Canadian Imperial Bank USA	4.02%	$1,000	Learn More
CIBC Agility Savings Account. Last change: ↓0.09% on July 15. Rate History: 4.38% → 4.28% → 4.21% → 4.11% → 4.02%
ytr0171 \| Jul 23, 2023 easy to work with but the rate isn't competitive. not even the leading savings rate banks are competitive versus short us treasuries. Read More Reviews (22)
Salem Five Direct	4.01%	$0	Learn More
Bank reports that this rate is for new customers only. Bank also charges ACH transfer fees and routinely lowers rates for existing customers below those advertised. Last change: ↓0.24% on January 18. Rate History: 5.01% → 4.41% → 4.50% → 4.25% → 4.01%
LarryMass \| Dec 8, 2020 Everyone here in Boston raves about Salem Five but it is shithole operation filled with nasty entitled people. As for this online savings product, the fees are ridiculous, the transfer charges are obnoxiou... Read More Reviews (7)
UFB Direct, a division of Axos Bank	4.01%	$1	Learn More
UFB High Yield Savings. Bank reports that this rate is for new customers only. Rate History: 4.83% → 4.57% → 4.31% → 4.01% → 4.01%
Miles Jacobsen \| Jul 18, 2023 I got into this one back in early April for the rate. It was the first to hit 5%. I put up with all sorts of annoying thing getting the account funded (including a 5-day wait period during which they had... Read More Reviews (11)
Dollar Savings Direct, a division of Emigrant Bank	4.00%	$0	Learn More
Last change: ↓ 0.25% on January 18.
Rate History: 5.00% → 4.85% → 4.25% → 4.00%
J Dally \| Jun 13, 2023 I'll steer clear of Dollar Savings Direct and My Savings Direct until they guarantee users at both online divisions their best rates. Banks have the right to segment their customers yes, but these games w... Read More Reviews (26)
Virtualbank, a division of First Horizon Bank	4.00%	$0	Learn More
eMoneyMarket Special. Bank reports that rate is extended for new money only. Rate History: 5.25% → 4.75% → 4.50% → 4.25% → 4.00%
Hello VirtualBank? \| Dec 22, 2018 I know VirtualBank has monitored these comments in the past and answered here. This is important because they do not respond to questions submitted through the website. I am trying to find out the pena... Read More Reviews (12)
CIT Bank, a division of First-Citizens Bank and Trust	4.00%	$5,000	Learn More
Platinum Savings. Bank reports that this rate is available for new accounts only. Last change: ↓0.10% on July 7. Rate History: 4.55% → 4.35% → 4.30% → 4.10% → 4.00%
RTN1949 \| Jun 2, 2022 I've been a customer since CIT emerged from the financial crisis as a real competitor in this space (14 years or so). Zero complaints about anything over this time ... until today. Now they are offering a... Read More Reviews (33)
Northern Bank Direct	4.00%	$1	Learn More
Money Market Premier. Bank reports that this rate is for new customers only. Rate History: 4.85% → 4.75% → 4.50% → 4.25% → 4.00%
Mike Brown \| Jul 6, 2023 This is an example of a bad bank. Their online process for purchasing a CD is horrible. You fill it out and it rejects it after all of your private information is disclosed. They there customer service is ... Read More Reviews (9)
Morgan Stanley Private Bank (Offered through ETrade)	4.00%	$0	Learn More
Last change: ↓ 0.10% on January 2.
Rate History: 4.50% → 4.25% → 4.10% → 4.00%
FROZE-ACCOUNT \| Jan 10, 2024 Account was frozen (over 400K) after they confused our account with another account / person whose name was not even very similar. We were treated like dirt after 12 years and "Guilty until Innocent". I ha... Read More Reviews (3)
TIAA Bank / Everbank	4.00% 2.02%	$50,000 $0	Learn More
Performance Money Market Rate History: 4.30% → 4.20% → 4.30% → 4.00%
smithy1968 \| Mar 20, 2025 A non-customer-friendly organization that just switches between two contaminated brands trying to bring back some sort of goodwill that it had before it started selling fake foreign currency CDs in 2006 an... Read More Reviews (40)
Banesco USA	4.00%	$300	Learn More
Rate History: 1.35% → 5.25% → 4.75% → 4.50% → 4.00%
Dkplan \| Dec 27, 2022 They gave a hard time with their cashier's check. They returned my deposited check that was emitted by them. Could you believe? Read More Reviews (8)
Bank5 Connect	3.96%	$5,000	Learn More
Rate History: 3.98% → 3.96%
BW \| Jul 17, 2021 I've been with this bank for 6 months and have not had any problems. Bill pay works good. The 24 month investing CD is another vechile I use. Rates are above average considering the national rate. I'd reco... Read More Reviews (10)
Barclays Bank Delaware	3.90%	$0	Learn More
Last change: ↓ 0.10% on April 4.
Rate History: 4.20% → 4.10% → 4.25% → 4.00% → 3.90%
LenaL \| May 2, 2022 Barclays is the worst. Transfer speeds even worse than Synchrony now. Service is worse than anything. Save yourself the trouble of getting sucked into rates that are sometimes competitive and choose anythi... Read More Reviews (40)
Byline Bank	3.90%	$5,000	Learn More Add Review
Rate History: 4.75% → 3.90%
FNBO Direct	3.90% 3.81% 3.70% 3.50%	$1,000,000 $500,000 $100,000 $0	Learn More
Rate History: 4.45% → 4.20% → 4.00% → 3.90%
NRB \| Mar 14, 2018 Poor service. Condescending attitude. Savings application denied without giving reason (Equifax file had a freeze because of hacking history) and not advising customer of need to unfreeze credit file for a... Read More Reviews (4)
Sallie Mae Bank	3.90%	$0	Learn More
Last change: ↓ 0.20% on February 6.
Rate History: 4.00% → 4.25% → 4.10% → 3.90%
HAL1975 \| Aug 2, 2023 Sallie mae is just a horrible institution. We've done business with them before and swore on the holy bible not to go near there again, but a 18 mos cd at 5.55% brought us back. Read More Reviews (40)
Forbright Bank Congressional Bank Branch	3.90%	$2,500	Learn More
Rate History: 4.25% → 4.10% → 3.90%
lrcbob \| Jul 26, 2024 Multiple roadblocks trying to set up a savings account with Forbright and my application was ultimately declined, in spite of my multiple CDs among three banks, stock investments, eleven credit cards, and ... Read More Reviews (2)
Sallie Mae Bank	3.85%	$0	Learn More
Rate History: 4.20% → 4.10% → 4.10% → 3.90% → 3.85%
HAL1975 \| Aug 2, 2023 Sallie mae is just a horrible institution. We've done business with them before and swore on the holy bible not to go near there again, but a 18 mos cd at 5.55% brought us back. Read More Reviews (40)
Quontic Bank	3.85%	$0	Learn More
Online Savings Last change: ↓0.15% on January 4. Rate History: 4.25% → 4.50% → 4.25% → 4.00% → 3.85%
JuanVelasco \| Mar 17, 2023 STAY AWAY ! They closed my accounts with no warning. After multiple successful direct deposits and mobile checks deposits, they claimed one of the three checks I deposited a few days ago was fake. No... Read More Reviews (15)
Amboy Direct	3.82%	$1	Learn More Add Review
Climate First Bank	3.81%	$50	Learn More
Last change: ↑ 1.81% on February 4.
tjgarnett \| Mar 2, 2024 Attracted to the name, but the service had too many steps so I didn't open an account. Read More Reviews (1)
CNB Bank Direct	3.80%	$100	Learn More
Last change: ↓ 0.21% on March 24.
Rate History: 4.28% → 4.60% → 4.01% → 3.80%
Yolanda Gilruth \| Jun 12, 2022 I have a small question Read More Reviews (1)
SoFi Bank	3.80%	$0	Learn More
Last change: ↓ 0.20% on January 25.
Rate History: 4.30% → 4.30% → 4.20% → 4.00% → 3.80%
Bait and Swich \| May 17, 2022 Not what it seems. Avoid! Read More Reviews (1)
Synchrony Bank	3.80%	$0	Learn More
External transfers may take up to 3 business days and may be limited to $25,000/day. Last change: ↓0.20% on June 4. Rate History: 4.50% → 4.30% → 4.10% → 4.00% → 3.80%
mcriss \| Oct 23, 2023 Synchrony Bank recently closed 3 of my accounts with them and this decision was completely unwarranted. I had two Guitar Center cards and one Levin Furniture card. I found out about this through a push not... Read More Reviews (71)
Laurel Road, a division of KeyBank	3.80%	$0	Learn More
High-Yield Savings Account. Last change: ↓0.20% on February 24. Rate History: 4.80% → 4.50% → 4.15% → 4.00% → 3.80%
Yeller \| May 8, 2023 STAY BELOW FDIC limits. This is a desperate product unleashed from a distressed bank! Read More Reviews (1)
My Savings Direct, a division of Emigrant Bank	3.75%	$1	Learn More
MySavings Account. Last change: ↓0.35% on May 19. Rate History: 4.35% → 4.10% → 3.75%
not perfect but \| Apr 25, 2023 with all of these online bank, including the well known ones, delaying transfers forever in order to fund these high rates, this one still executes inbound and outbound transfers immediately. Read More Reviews (21)
Valley Direct, a division of Valley National Bank	3.75%	$5,000	Learn More
Online transfers limited to $1,500 per day and $10,000 per month. Last change: ↓1.00% on December 19, 2024. Rate History: 4.75% → 4.00% → 4.80% → 4.75% → 3.75%
AEM \| Sep 18, 2023 I agree with another user, this bank is very poorly put together, and may very well be an operation in large part used to extract and sell people's personal information. I called customer service and had ... Read More Reviews (19)
Citizens Bank, National Association	3.70%	$0	Learn More
Rate History: 4.50% → 4.15% → 3.90% → 3.70%
Dana E. \| Mar 20, 2016 Good solid bank. Read More Reviews (2)
TD Bank, National Association Clinton Branch	3.70% 2.25%	$100,000 $50,000	Learn More
Rate History: 4.00% → 3.70%
Turonemckinney17@gmail.com \| May 19, 2018 Experience Read More Reviews (1)
Truist Bank Hampstead Branch	3.66% 0.01%	$0 $1	Learn More
Rate History: 4.00% → 3.65% → 3.66%
Customer \| Jul 28, 2022 Not at all happy with Truist compared to BB+T. New transaction policy makes them painfully slow. Paying .01 % interest on money market accounts, 13 week T Bill's are around $2.5%.I hope that they are enj... Read More Reviews (6)
Goldman Sachs Bank	3.65%	$1	Learn More
Last change: ↓ 0.10% on May 29.
Rate History: 4.25% → 4.10% → 3.90% → 3.75% → 3.65%
A Terkowitz \| Feb 15, 2024 best bank on the list but no longer the most competitive Read More Reviews (46)
First Internet Bank of Indiana	3.61%	$1,000	Learn More
Rate History: 3.76% → 3.77% → 3.77% → 3.61%
Beenthere \| Jan 30, 2024 Have an IRA rollover, they don't take IRAs any longer. Read More Reviews (2)
Discover Bank	3.60%	$0	Learn More
Last change: ↓ 0.10% on May 16.
Rate History: 4.00% → 3.90% → 3.75% → 3.70% → 3.60%
AVOID_ READ_CAREFULLY \| Jan 10, 2024 AVOID at all costs. We read the addendum to the final page of the LENGTHY account agreement mailed to us after completing the online portion. Guess what? It gives this sweet seeming Discover Bank access to... Read More Reviews (13)
Capital One, National Association Capital One, National Association Branch	3.60%	$1	Learn More
Rate History: 4.10% → 4.00% → 3.90% → 3.80% → 3.60%
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)
BMO Alto, a division of Bank of Montreal Harris	3.60%	$0	Learn More
Last change: ↓ 0.10% on April 25.
Rate History: 4.30% → 4.10% → 4.00% → 3.70% → 3.60%
Jenny Kingston \| Jun 10, 2024 I guess customer service is in the US (not sure). I'd rather that someone in the Philippines answered though. These people are so poorly trained and ill informed that I do not trust them with my personal... Read More Reviews (6)
Bank of Montreal Harris	3.56%	$250,000	Learn More
Rate History: 1.50% → 3.56%
GAM \| Jul 28, 2020 Dropped rates again with restrictive transfer limits and poor service. Better rates and liquidity elsewhere. Beware!!! Read More Reviews (2)
Bogota Savings Bank	3.56% 2.79%	$100,000 $50,000	Learn More Add Review
Capital One 360	3.50%	$0	Learn More
360 Performance Savings Account. Rate available for new account holders only. Last change: ↓0.10% on July 2. Rate History: 3.90% → 3.80% → 3.70% → 3.60% → 3.50%
NS123 \| Mar 15, 2023 Thank you for the reviews above. I was wondering why I was only getting 0.3% when interest rates have gone up. Why CapitalOne360 is putting loyal and long time customers at a disadvantage is beyond me. ... Read More Reviews (24)
American Express Bank, FSB	3.50%	$0	Learn More
Last change: ↓ 0.10% on July 23.
Rate History: 4.00% → 3.80% → 3.70% → 3.60% → 3.50%
Chris \| Aug 31, 2022 never had a problem moving money in/out. After trying a couple banks with higher rates but less service will be moving my money back here. Read More Reviews (8)
Ally Bank	3.50%	$0	Learn More
Online Money Market Account. Ally's Online Savings account rate is only 3.75% APY. Rate History: 3.80% → 3.70% → 3.60% → 3.60% → 3.50%
Rad \| Aug 13, 2023 Been a customer for a couple of years now with interesting checking, been a happy customer. They give you a $10 reimbursement on atm fees per statement cycle. They pay you to leave your money there curre... Read More Reviews (53)
Citizens	3.50%	$1	Learn More
Last change: ↓ 0.20% on July 30.
Rate History: 4.15% → 3.70% → 3.50%
james \| Nov 18, 2023 bad bank hold your deposit over months without credit in your account, no interest, they don’t want pay you interest , they want your money with 0% interest. Read More Reviews (37)
PNC Bank	3.50%	$1	Learn More
Not available to residents of states with PNC branch locations. Rate History: 4.65% → 3.50% → 3.50%
JM \| Jun 29, 2023 $10K monthly transfer limit. No thanks Read More Reviews (4)
Wilmington Savings Fund Society, FSB	3.50% 2.50% 2.25% 2.00% 0.35% 0.25% 0.03%	$100,000 $50,000 $25,000 $10,000 $500,001 $100,001 $0	Learn More
Rate History: 4.15% → 4.00% → 3.80% → 3.60% → 3.50%
schoolbus2017 \| Nov 8, 2019 farmer Read More Reviews (1)
HSBC Bank USA, National Association Bethesda Branch	3.50% 0.01%	$1 $0	Learn More
Rate History: 3.85% → 3.75% → 3.70% → 3.60% → 3.50%
john \| Apr 14, 2020 I call HSBC they told me they don't have 1.85 1 year CD. current CD is 0.8 / year Read More Reviews (3)
U.S. Bank National Association	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)
Gateway First Bank	3.40%	$1,000	Learn More
JohnC \| Oct 11, 2020 You probably thought - as did I - that you were looking at a site that belongs to and was the responsibility of Gateway First. After all it includes their headings, selected financial statements, many pag... Read More Reviews (3)
FNBO Direct	3.35%	$1	Learn More
Last change: ↓ 0.25% on May 16.
Rate History: 4.25% → 4.25% → 3.90% → 3.60% → 3.35%
NRB \| Mar 14, 2018 Poor service. Condescending attitude. Savings application denied without giving reason (Equifax file had a freeze because of hacking history) and not advising customer of need to unfreeze credit file for a... Read More Reviews (4)
Woodforest National Bank 0574 Frederick Maryland Walmart Bran Branch	3.25% 2.25% 1.75% 1.25% 0.35%	$500,000 $250,000 $100,000 $1 $0	Learn More
Rate History: 4.00% → 3.75% → 3.50% → 3.25%
Jabbroadway42 \| Nov 17, 2020 Is notarie services available today at a woodforest on wilkinson blvd Read More Reviews (2)
OneLocal Bank	3.25% 3.00%	$250,000 $0	Learn More Add Review
Rate History: 3.75% → 3.25%
Atlantic Union Bank South Salisbury Branch	3.04% 2.73%	$100,000 $0	Learn More
Rate History: 0.41% → 3.04%
tedd \| Jun 28, 2021 They bait and switch. Advertise cds at .40 but offer only .04 when in the office. Sharp business practice. Read More Reviews (2)
Citizens Bank, National Association	3.00% 2.75%	$250,000 $25,000	Learn More
Rate History: 1.00% → 3.00%
Dana E. \| Mar 20, 2016 Good solid bank. Read More Reviews (2)
MainStreet Bank	3.00% 2.25% 1.25% 0.80%	$100,000 $50,000 $25,000 $0	Learn More Add Review
Rate History: 4.25% → 3.75% → 3.35% → 3.00%
EagleBank Shady Grove Branch	2.85% 2.65% 2.55%	$500,000 $250,000 $0	Learn More Add Review
Bank of Whittier, National Association	2.60%	$250	Learn More Add Review
IncredibleBank	2.53% 1.76%	$250,000 $50,000	Learn More
Rate History: 2.50% → 3.00% → 2.53%
nonsense \| May 21, 2021 avoid this Read More Reviews (22)
Finworth	2.53%	$250,000	Learn More
Geoffrey Christopher 1 \| Nov 12, 2023 Finworth looks legit, but their online disclosures and incomplete and you cannot reach them by phone and they don't respond to inquiries. I am moving along and you should too. Read More Reviews (1)
NATIONAL COOPERATIVE BANK, N.A.	2.53%	$5,000	Learn More
JC \| Jun 1, 2021 Update: STAY AWAY FROM THIS BANK! They have no clue how to run an online bank. This bank is not ready for prime time. Nothing but problems. Customer service is dismal at best. Read More Reviews (2)
InsBank	2.53% 2.38%	$250,000 $50,000	Learn More
Rate History: 0.15% → 2.53%
judy \| Jul 7, 2022 Insbank 1 yr is 1.5 % 18month is 1.6% 7-7-2022 Read More Reviews (6)
Capital One, National Association Capital One, National Association Branch	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)
Cross River Bank	2.25%	$0	Learn More
Last change: ↓ 0.35% on October 11, 2024.
Rate History: 2.60% → 2.25%
Zman111 \| Jun 26, 2022 ACH transfers are not allowed. Called and was told that I had to set up wire transfers (and pay fees) or I could come in to the bank and get a bank check. Read More Reviews (13)
Amalgamated Bank	2.25%	$1	Learn More Add Review
Last change: ↓ 0.25% on April 9.
Rate History: 2.75% → 2.50% → 2.25%
Fulton Bank, National Association	2.25% 1.95% 1.25% 0.85% 0.70% 0.60%	$250,000 $100,000 $50,000 $25,000 $10,000 $1,000	Learn More Add Review
Rate History: 2.75% → 2.55% → 2.40% → 2.25%
First Shore Federal Savings and Loan Association North Main Street Branch	2.00% 1.00% 0.50%	$250,000 $200 $2,500	Learn More
wwchinski@verizon.net \| Jul 11, 2018 cd rates Read More Reviews (2)
Synchrony Bank	2.00%	$0	Learn More
mcriss \| Oct 23, 2023 Synchrony Bank recently closed 3 of my accounts with them and this decision was completely unwarranted. I had two Guitar Center cards and one Levin Furniture card. I found out about this through a push not... Read More Reviews (71)
CIT Bank, a division of First-Citizens Bank and Trust	1.55%	$100	Learn More
RTN1949 \| Jun 2, 2022 I've been a customer since CIT emerged from the financial crisis as a real competitor in this space (14 years or so). Zero complaints about anything over this time ... until today. Now they are offering a... Read More Reviews (33)
Gateway First Bank	1.50%	$10	Learn More
JohnC \| Oct 11, 2020 You probably thought - as did I - that you were looking at a site that belongs to and was the responsibility of Gateway First. After all it includes their headings, selected financial statements, many pag... Read More Reviews (3)
Eastern Savings Bank, FSB 4113 Wholesale Club Drive Branch	1.25% 0.10%	$75,000 $1,000	Learn More Add Review
Vio Bank, A Division of MidFirst Bank	1.10%	$0	Learn More
Last change: ↑ 0.09% on February 13, 2023.
Jim S \| Dec 21, 2023 Very easy to setup 6 month 5.35% CD from cornerstone account Read More Reviews (38)
USAA Federal Savings Bank	1.10% 0.01%	$500,000 $1	Learn More
Rate History: 1.50% → 1.45% → 1.10%
RYAN S \| Nov 28, 2022 While USAA was at one point a great option for all your banking needs, the service has deteriorated so much that I'm currently in the process of changing banks after more than 2 decades. The final straw w... Read More Reviews (2)
Wells Fargo Bank, National Association St Thomas Shopping Center 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)
Chesapeake Bank	0.90% 0.80% 0.70%	$500,000 $100,000 $25,000	Learn More
Rate History: 1.15% → 1.10% → 1.06% → 0.95% → 0.90%
ruler009 \| May 26, 2017 Before009 Read More Reviews (2)
First Internet Bank of Indiana	0.80%	$25	Learn More
Last change: ↓ 0.01% on July 28.
Rate History: 1.00% → 0.81% → 0.80%
Beenthere \| Jan 30, 2024 Have an IRA rollover, they don't take IRAs any longer. Read More Reviews (2)
USAA Federal Savings Bank	0.79% 0.01%	$1,000,000 $10,000	Learn More
Last change: ↓ 0.66% on May 16.
Rate History: 1.60% → 1.50% → 1.45% → 0.79%
Azblondie007 \| Feb 24, 2020 I had been with USAA for 20 years. Had my checking, savings, auto and renters insurance and 2 credit cards with them. I work in the service industry and make a good portion of my income in cash tips. For 4... Read More Reviews (1)
Atlantic Union Bank South Salisbury Branch	0.65% 0.40% 0.25% 0.15%	$250,000 $100,000 $25,000 $0	Learn More
Rate History: 0.65% → 3.04% → 0.65% → 3.04% → 0.65%
tedd \| Jun 28, 2021 They bait and switch. Advertise cds at .40 but offer only .04 when in the office. Sharp business practice. Read More Reviews (2)
MainStreet Bank	0.50%	$0	Learn More Add Review
Last change: ↑ 0.25% on August 5, 2024.
Cecil Bank Rising Sun Towne Centre Branch	0.50%	$2,500	Learn More
Savvysaver \| Jul 24, 2021 $2000 minimum, 0.20% APY Read More Reviews (1)
Freedom Bank (NJ)	0.40%	$0	Learn More Add Review
MutualOne Bank	0.40%	$500	Learn More
Inbound transfers limited to $25,000/day and $100,000/month.
Thomas DeMauro \| Aug 28, 2022 Rates are totally uncompetitive now. Read More Reviews (11)
Middlesex Federal Savings, F.A.	0.40%	$50	Learn More Add Review
Woodforest National Bank 0574 Frederick Maryland Walmart Bran Branch	0.40% 0.25%	$10,000 $0	Learn More
Rate History: 1.00% → 0.50% → 0.40%
Jabbroadway42 \| Nov 17, 2020 Is notarie services available today at a woodforest on wilkinson blvd Read More Reviews (2)
Rosedale Federal Savings and Loan Association Midstate Main Branch	0.40%	$2,500	Learn More Add Review
Presidential Bank, FSB Rockville Branch	0.35% 0.30%	$35,000 $10,000	Learn More Add Review
Rosedale Federal Savings and Loan Association Midstate Main Branch	0.35%	$25,000	Learn More Add Review
Harford Bank Harford Bank Branch	0.30%	$20,000	Learn More Add Review
Cecil Bank Rising Sun Towne Centre Branch	0.30%	$2,500	Learn More
Savvysaver \| Jul 24, 2021 $2000 minimum, 0.20% APY Read More Reviews (1)
Rosedale Federal Savings and Loan Association Midstate Main Branch	0.30%	$10,000	Learn More Add Review
FVCbank	0.30%	$2,500	Learn More Add Review
Axos Bank	0.25%	$0	Learn More
wertlkgt \| Mar 28, 2022 Vaporware. Was approved to open an account. I logged in on several different browsers with differing rendering codes--each time got nothing but 3 circles running left to right for up to a half hour when I ... Read More Reviews (9)
WebBank	0.25%	$1,000	Learn More
dbestway@gmail.com \| Aug 13, 2019 I filled out the application 10 days ago answering all questions and sent a file with a copy of my drivers license to Western Bank. I received an email saying that a banker would call me within one busines... Read More Reviews (2)
Transportation Alliance Bank, Inc. d/b/a TAB Bank	0.25%	$1	Learn More
Yat 1965 \| Mar 19, 2022 Problem with ties to puppy mills. I closed a cct. https://www.americanbanker.com/news/tab-bank-dragged-into-seedy-world-of-puppy-mill-loans-by-fintech-partner Read More Reviews (8)
KeyBank National Association	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	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)
Somerset Trust Company Grantsville Plaza Branch	0.25%	$25,000	Learn More Add Review
ACNB Bank Loan Center Branch	0.25%	$25,000	Learn More Add Review
Orrstown Bank Eastern Blvd Branch	0.25%	$25,000	Learn More Add Review
Jarrettsville Federal Savings and Loan Association Jarrettsville Federal Savings And Lo Branch	0.25%	$25,000	Learn More
Savvysaver \| Jul 24, 2021 Rate is incorrect. Read More Reviews (1)
Rosedale Federal Savings and Loan Association Midstate Main Branch	0.25%	$2,500	Learn More Add Review
BayVanguard Bank Fort Ave Branch	0.25%	$25,000	Learn More Add Review
FVCbank	0.25%	$25,000	Learn More Add Review
First National Bank in Frankfort	0.20%	$0	Learn More Add Review
Harford Bank Harford Bank Branch	0.20%	$2,500	Learn More Add Review
Miners & Merchants Bank Oakland Maryland Branch	0.20%	$2,500	Learn More Add Review
Somerset Trust Company Grantsville Plaza Branch	0.20%	$2,500	Learn More Add Review
Orrstown Bank Eastern Blvd Branch	0.20%	$10,000	Learn More Add Review
Jarrettsville Federal Savings and Loan Association Jarrettsville Federal Savings And Lo Branch	0.20%	$2,500	Learn More
Savvysaver \| Jul 24, 2021 Rate is incorrect. Read More Reviews (1)
BayVanguard Bank Fort Ave Branch	0.20%	$10,000	Learn More Add Review
ACNB Bank Loan Center Branch	0.20%	$25,000	Learn More Add Review
Farmers and Merchants Bank Owings Mills Branch	0.20%	$25,000	Learn More Add Review
Homewood Federal Savings Bank Homewood Federal Savings Bank Branch	0.20%	$25,000	Learn More Add Review
FVCbank	0.20%	$2,500	Learn More Add Review
John Marshall Bank Rockville Branch	0.20%	$25,000	Learn More Add Review
The Farmers Bank of Willards Salisbury Branch	0.20%	$2,500	Learn More Add Review
Bank of Ocean City Williams Street Branch	0.20%	$25,000	Learn More Add Review
Calvin B. Taylor Banking Company of Berlin, Maryland West Ocean City Branch	0.20%	$25,000	Learn More Add Review
Charles Schwab Bank, SSB	0.15%	$0	Learn More
Last change: ↓ 0.10% on December 6, 2024.
Rate History: 0.48% → 0.25% → 0.15%
kenbeckyreese@icloud.com \| Feb 12, 2020 WILL YOU CASH MY EE SAVINGS BONDS? PLEASE ADVSE. Read More Reviews (5)
Northfield Bank	0.15%	$0	Learn More
Last change: ↓ 0.30% on June 30, 2023.
Stella \| Apr 30, 2019 No issues. I feel confident using them. Read More Reviews (1)
Wilmington Savings Fund Society, FSB	0.15%	$0	Learn More
Rate History: 0.20% → 0.15%
schoolbus2017 \| Nov 8, 2019 farmer Read More Reviews (1)
Harford Bank Harford Bank Branch	0.15%	$1	Learn More Add Review
Somerset Trust Company Grantsville Plaza Branch	0.15%	$10,000	Learn More Add Review
Middletown Valley Bank Middleton Branch	0.15%	$2,500	Learn More Add Review
ACNB Bank Loan Center Branch	0.15%	$10,000	Learn More Add Review
Orrstown Bank Eastern Blvd Branch	0.15%	$2,500	Learn More Add Review
Jefferson Security Bank Sharpsburg Office Branch	0.15%	$25,000	Learn More Add Review
Jarrettsville Federal Savings and Loan Association Jarrettsville Federal Savings And Lo Branch	0.15%	$2,500	Learn More
Savvysaver \| Jul 24, 2021 Rate is incorrect. Read More Reviews (1)
BayVanguard Bank Fort Ave Branch	0.15%	$2,500	Learn More Add Review
The Harbor Bank of Maryland Science & Technology Park East At Jo Branch	0.15%	$2,500	Learn More Add Review
Arundel Federal Savings Bank Arundel Federal Savings Bank Branch	0.15%	$2,500	Learn More Add Review
Hebron Savings Bank Cambridge Branch	0.15%	$2,500	Learn More
Edward Rote \| Aug 6, 2019 Run Run very far away. Find an institution where the upper staff actually can add. It is run like a pawn shop and payday loan Read More Reviews (1)
Calvin B. Taylor Banking Company of Berlin, Maryland West Ocean City Branch	0.15%	$10,000	Learn More Add Review
Banco Bilbao Vizcaya Argenteria	0.13%	$10,000	Learn More
Rate not available in all states.
The Duffster \| May 21, 2018 I wish I had never heard of or seen BBVA. It has been a disaster. Came to this site to find something else. Read More Reviews (2)
The Peoples Bank Lees Corner Branch	0.12%	$10,000	Learn More Add Review
Chesapeake Bank	0.10%	$1	Learn More
Last change: ↓ 0.05% on September 22, 2024.
Rate History: 0.25% → 0.20% → 0.15% → 0.10%
ruler009 \| May 26, 2017 Before009 Read More Reviews (2)
OneWest Bank, a division of First-Citizens Bank and Trust	0.10%	$50	Learn More Add Review
Last change: ↑ 0.07% on March 26, 2024.
Rate History: 0.03% → 0.10%
First-Citizens Bank & Trust Company Annapolis Bestgate Office Branch	0.10%	$25	Learn More
Last change: ↑ 0.07% on March 26, 2024.
Rate History: 0.03% → 0.10%
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)
Northfield Bank	0.10%	$0	Learn More
Stella \| Apr 30, 2019 No issues. I feel confident using them. Read More Reviews (1)
Atlantic Union Bank South Salisbury Branch	0.10%	$0	Learn More
tedd \| Jun 28, 2021 They bait and switch. Advertise cds at .40 but offer only .04 when in the office. Sharp business practice. Read More Reviews (2)
OneLocal Bank	0.10%	$25,000	Learn More Add Review
Last change: ↑ 0.10% on May 11, 2023.
IncredibleBank	0.10%	$10,000	Learn More
Last change: ↓ 0.90% on June 13, 2024.
nonsense \| May 21, 2021 avoid this Read More Reviews (22)
Shore United Bank Owings Mills Branch	0.10%	$1	Learn More Add Review
CNB Bank, Inc. Hancock Branch	0.10%	$25,000	Learn More Add Review
Woodsboro Bank Homewood At Crumland Farms Branch	0.10%	$25,000	Learn More
C P hoult \| Jun 16, 2022 Customer service Very Good. Always available Read More Reviews (1)
Orrstown Bank Eastern Blvd Branch	0.10%	$10,000	Learn More Add Review
WesBanco Bank, Inc.	0.10%	$2,500	Learn More Add Review
Jefferson Security Bank Sharpsburg Office Branch	0.10%	$2,500	Learn More Add Review
BayVanguard Bank Fort Ave Branch	0.10%	$2,500	Learn More Add Review
Farmers and Merchants Bank Owings Mills Branch	0.10%	$10,000	Learn More Add Review
Homewood Federal Savings Bank Homewood Federal Savings Bank Branch	0.10%	$2,500	Learn More Add Review
Arundel Federal Savings Bank Arundel Federal Savings Bank Branch	0.10%	$2,500	Learn More Add Review
John Marshall Bank Rockville Branch	0.10%	$2,500	Learn More Add Review
The Queenstown Bank of Maryland Grasonville Branch	0.10%	$2,500	Learn More Add Review
The Peoples Bank Lees Corner Branch	0.10%	$2,500	Learn More Add Review
The Chesapeake Bank & Trust Co. Chestertown Drive-In Branch	0.10%	$25,000	Learn More Add Review
Hebron Savings Bank Cambridge Branch	0.10%	$2,500	Learn More
Edward Rote \| Aug 6, 2019 Run Run very far away. Find an institution where the upper staff actually can add. It is run like a pawn shop and payday loan Read More Reviews (1)
Bank of Ocean City Williams Street Branch	0.10%	$2,500	Learn More Add Review
Calvin B. Taylor Banking Company of Berlin, Maryland West Ocean City Branch	0.10%	$2,500	Learn More Add Review
First-Citizens Bank & Trust Company Annapolis Bestgate Office Branch	0.07%	$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)
Clear Mountain Bank Oakland Branch	0.07%	$1	Learn More Add Review
Farmers and Merchants Bank Owings Mills Branch	0.07%	$2,500	Learn More Add Review
OceanFirst Bank, National Association	0.05% 0.03%	$50,000 $0	Learn More Add Review
CNB Bank, Inc. Hancock Branch	0.05%	$1,000	Learn More Add Review
First United Bank & Trust Grantsville Branch	0.05%	$2,500	Learn More Add Review
Clear Mountain Bank Oakland Branch	0.05%	$1,000	Learn More Add Review
Woodsboro Bank Homewood At Crumland Farms Branch	0.05%	$2,500	Learn More
C P hoult \| Jun 16, 2022 Customer service Very Good. Always available Read More Reviews (1)
ACNB Bank Loan Center Branch	0.05%	$2,500	Learn More Add Review
Orrstown Bank Eastern Blvd Branch	0.05%	$2,500	Learn More Add Review
Jefferson Security Bank Sharpsburg Office Branch	0.05%	$2,500	Learn More Add Review
Farmers and Merchants Bank Owings Mills Branch	0.05%	$2,500	Learn More Add Review
Capital Bank, National Association Capital Bank, National Association Branch	0.05%	$2,500	Learn More
Savvysaver \| Jul 24, 2021 Rate is incorrect. Read More Reviews (1)
The Harbor Bank of Maryland Science & Technology Park East At Jo Branch	0.05%	$2,500	Learn More Add Review
Homewood Federal Savings Bank Homewood Federal Savings Bank Branch	0.05%	$2,500	Learn More Add Review
The Bank of Glen Burnie Odenton Branch	0.05%	$2,500	Learn More Add Review
The Chesapeake Bank & Trust Co. Chestertown Drive-In Branch	0.05%	$2,500	Learn More Add Review
Bank of America, National Association Beards Hill Plaza 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)
CNB Bank, Inc. Hancock Branch	0.03%	$50	Learn More Add Review
Shore United Bank Owings Mills Branch	0.03%	$1	Learn More Add Review
First United Bank & Trust Grantsville Branch	0.03%	$2,500	Learn More Add Review
Middletown Valley Bank Middleton Branch	0.03%	$2,500	Learn More Add Review
PNC Bank, National Association Pnc Bank, National Association Branch	0.02%	$50,000	Learn More
Rate History: 1.00% → 0.05% → 0.02%
GAM \| May 18, 2019 Had checking and savings for years when living in Philly. Went into PNC 2.35 APY high yield savings. They have thus far maintained rate. Easy web site and great customer phone service. Still maintain check... Read More Reviews (1)
Fulton Bank, National Association	0.02%	$0	Learn More Add Review
JPMorgan Chase Bank, National Association	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)
PNC Bank, National Association Pnc Bank, National Association Branch	0.01%	$2,500	Learn More
Rate History: 0.03% → 0.01%
GAM \| May 18, 2019 Had checking and savings for years when living in Philly. Went into PNC 2.35 APY high yield savings. They have thus far maintained rate. Easy web site and great customer phone service. Still maintain check... Read More Reviews (1)
KeyBank National Association	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)
Northwest Bank Waverly Park Branch	0.01%	$100	Learn More Add Review
WesBanco Bank, Inc.	0.01%	$2,500	Learn More Add Review
First National Bank of Pennsylvania Carney Branch	0.01%	$2,500	Learn More
Mark \| Apr 21, 2020 Your information is very inaccurate. Interest rates are a fraction of 1%. Call the bank yourself. Read More Reviews (1)

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 across Maryland

Branch	Street	City	State
EagleBank Shady Grove Branch	9600 Blackwell Rd	Rockville	MD
Presidential Bank, FSB Rockville Branch	11640 Rockville Pike	Rockville	MD
Citibank, National Association Potomac Promenade Branch	9812 Falls Road	Potomac	MD
CFG Bank Baltimore Branch	1615 Thames Street	Baltimore	MD
Forbright Bank Congressional Bank Branch	7963 Tuckerman Lane	Potomac	MD
Primis Bank North Rockville Branch	9707 Medical Center Drive, Suite 150	Rockville	MD
Forbright Bank Congressional Bank Branch	7963 Tuckerman Lane	Potomac	MD
TD Bank, National Association Clinton Branch	8912 Woodyard Road	Clinton	MD
Truist Bank Hampstead Branch	999 South Main Street	Hampstead	MD
Capital One, National Association Capital One, National Association Branch	Shank Farm Way	Hagerstown	MD
HSBC Bank USA, National Association Bethesda Branch	7637 Old Georgetown Road	Bethesda	MD
Woodforest National Bank 0574 Frederick Maryland Walmart Bran Branch	7400 Guilford Avenue	Frederick	MD
Atlantic Union Bank South Salisbury Branch	1503 South Salisbury Blvd.	Salisbury	MD
EagleBank Shady Grove Branch	9600 Blackwell Rd	Rockville	MD
Atlantic Union Bank South Salisbury Branch	1503 South Salisbury Blvd.	Salisbury	MD
EagleBank Shady Grove Branch	9600 Blackwell Rd	Rockville	MD
EagleBank Shady Grove Branch	9600 Blackwell Rd	Rockville	MD
Capital One, National Association Capital One, National Association Branch	Shank Farm Way	Hagerstown	MD
Woodforest National Bank 0574 Frederick Maryland Walmart Bran Branch	7400 Guilford Avenue	Frederick	MD
TD Bank, National Association Clinton Branch	8912 Woodyard Road	Clinton	MD
EagleBank Shady Grove Branch	9600 Blackwell Rd	Rockville	MD
First Shore Federal Savings and Loan Association North Main Street Branch	310 Franklin Avenue	Berlin	MD
Woodforest National Bank 0574 Frederick Maryland Walmart Bran Branch	7400 Guilford Avenue	Frederick	MD
Woodforest National Bank 0574 Frederick Maryland Walmart Bran Branch	7400 Guilford Avenue	Frederick	MD
Eastern Savings Bank, FSB 4113 Wholesale Club Drive Branch	4113 Wholesale Club Drive	Nottingham	MD
Wells Fargo Bank, National Association St Thomas Shopping Center Branch	9948 Reisterstown Road	Owings Mills	MD
First Shore Federal Savings and Loan Association North Main Street Branch	310 Franklin Avenue	Berlin	MD
Atlantic Union Bank South Salisbury Branch	1503 South Salisbury Blvd.	Salisbury	MD
First Shore Federal Savings and Loan Association North Main Street Branch	310 Franklin Avenue	Berlin	MD
Cecil Bank Rising Sun Towne Centre Branch	56 Rising Sun Towne Centre	Rising Sun	MD
Atlantic Union Bank South Salisbury Branch	1503 South Salisbury Blvd.	Salisbury	MD
Woodforest National Bank 0574 Frederick Maryland Walmart Bran Branch	7400 Guilford Avenue	Frederick	MD
Rosedale Federal Savings and Loan Association Midstate Main Branch	6810 York Road	Baltimore	MD
Woodforest National Bank 0574 Frederick Maryland Walmart Bran Branch	7400 Guilford Avenue	Frederick	MD
Presidential Bank, FSB Rockville Branch	11640 Rockville Pike	Rockville	MD
Rosedale Federal Savings and Loan Association Midstate Main Branch	6810 York Road	Baltimore	MD
Presidential Bank, FSB Rockville Branch	11640 Rockville Pike	Rockville	MD
Harford Bank Harford Bank Branch	8 West Bel Air Avenue	Aberdeen	MD
Cecil Bank Rising Sun Towne Centre Branch	56 Rising Sun Towne Centre	Rising Sun	MD
Rosedale Federal Savings and Loan Association Midstate Main Branch	6810 York Road	Baltimore	MD
Woodforest National Bank 0574 Frederick Maryland Walmart Bran Branch	7400 Guilford Avenue	Frederick	MD
Atlantic Union Bank South Salisbury Branch	1503 South Salisbury Blvd.	Salisbury	MD
Somerset Trust Company Grantsville Plaza Branch	3245 Chestnut Ridge Road	Grantsville	MD
ACNB Bank Loan Center Branch	181 E. Main Street	Westminster	MD
Orrstown Bank Eastern Blvd Branch	1020 Professional Court	Hagerstown	MD
Jarrettsville Federal Savings and Loan Association Jarrettsville Federal Savings And Lo Branch	3706 Norrisville Road	Jarrettsville	MD
Rosedale Federal Savings and Loan Association Midstate Main Branch	6810 York Road	Baltimore	MD
BayVanguard Bank Fort Ave Branch	921 East Fort Avenue, Suite 102	Baltimore	MD
Citibank, National Association Potomac Promenade Branch	9812 Falls Road	Potomac	MD
Harford Bank Harford Bank Branch	8 West Bel Air Avenue	Aberdeen	MD
Miners & Merchants Bank Oakland Maryland Branch	13164 Garrett Highway	Oakland	MD
Somerset Trust Company Grantsville Plaza Branch	3245 Chestnut Ridge Road	Grantsville	MD
Orrstown Bank Eastern Blvd Branch	1020 Professional Court	Hagerstown	MD
Jarrettsville Federal Savings and Loan Association Jarrettsville Federal Savings And Lo Branch	3706 Norrisville Road	Jarrettsville	MD
BayVanguard Bank Fort Ave Branch	921 East Fort Avenue, Suite 102	Baltimore	MD
ACNB Bank Loan Center Branch	181 E. Main Street	Westminster	MD
Farmers and Merchants Bank Owings Mills Branch	9320 Lakeside Blvd, P.O. Box 409	Owings Mills	MD
Homewood Federal Savings Bank Homewood Federal Savings Bank Branch	3228-30 Eastern Ave	Baltimore	MD
John Marshall Bank Rockville Branch	11 N. Washington Street, Suite 100	Rockville	MD
The Farmers Bank of Willards Salisbury Branch	Tilghman Road	Salisbury	MD
Bank of Ocean City Williams Street Branch	627 Williams Street	Berlin	MD
Calvin B. Taylor Banking Company of Berlin, Maryland West Ocean City Branch	9923 Golf Course Road	Ocean City	MD
Atlantic Union Bank South Salisbury Branch	1503 South Salisbury Blvd.	Salisbury	MD
Harford Bank Harford Bank Branch	8 West Bel Air Avenue	Aberdeen	MD
Somerset Trust Company Grantsville Plaza Branch	3245 Chestnut Ridge Road	Grantsville	MD
Middletown Valley Bank Middleton Branch	803 East Main Street	Middletown	MD
ACNB Bank Loan Center Branch	181 E. Main Street	Westminster	MD
Orrstown Bank Eastern Blvd Branch	1020 Professional Court	Hagerstown	MD
Jefferson Security Bank Sharpsburg Office Branch	103 West Main Street	Sharpsburg	MD
Jarrettsville Federal Savings and Loan Association Jarrettsville Federal Savings And Lo Branch	3706 Norrisville Road	Jarrettsville	MD
BayVanguard Bank Fort Ave Branch	921 East Fort Avenue, Suite 102	Baltimore	MD
The Harbor Bank of Maryland Science & Technology Park East At Jo Branch	855 North Wolfe Street, Suite C	Baltimore	MD
Arundel Federal Savings Bank Arundel Federal Savings Bank Branch	655 Crain Highway, S	Glen Burnie	MD
Hebron Savings Bank Cambridge Branch	6 Cedar Street	Cambridge	MD
Calvin B. Taylor Banking Company of Berlin, Maryland West Ocean City Branch	9923 Golf Course Road	Ocean City	MD
The Peoples Bank Lees Corner Branch	Routes 291 And 213	Chestertown	MD
First-Citizens Bank & Trust Company Annapolis Bestgate Office Branch	890 Bestgate Road	Annapolis	MD
Atlantic Union Bank South Salisbury Branch	1503 South Salisbury Blvd.	Salisbury	MD
Shore United Bank, National Association Owings Mills Branch	9612 Reisterstown Road	Owings Mills	MD
CNB Bank, Inc. Hancock Branch	333 E. Main Street	Hancock	MD
Woodsboro Bank Homewood At Crumland Farms Branch	7407 Willow Road	Frederick	MD
Orrstown Bank Eastern Blvd Branch	1020 Professional Court	Hagerstown	MD
Jefferson Security Bank Sharpsburg Office Branch	103 West Main Street	Sharpsburg	MD
BayVanguard Bank Fort Ave Branch	921 East Fort Avenue, Suite 102	Baltimore	MD
Eastern Savings Bank, FSB 4113 Wholesale Club Drive Branch	4113 Wholesale Club Drive	Nottingham	MD
Farmers and Merchants Bank Owings Mills Branch	9320 Lakeside Blvd, P.O. Box 409	Owings Mills	MD
Homewood Federal Savings Bank Homewood Federal Savings Bank Branch	3228-30 Eastern Ave	Baltimore	MD
Arundel Federal Savings Bank Arundel Federal Savings Bank Branch	655 Crain Highway, S	Glen Burnie	MD
John Marshall Bank Rockville Branch	11 N. Washington Street, Suite 100	Rockville	MD
The Queenstown Bank of Maryland Grasonville Branch	U.S. 50 And Maryland 18	Grasonville	MD
The Peoples Bank Lees Corner Branch	Routes 291 And 213	Chestertown	MD
The Chesapeake Bank & Trust Co. Chestertown Drive-In Branch	301 Morgnec Road	Chestertown	MD
Hebron Savings Bank Cambridge Branch	6 Cedar Street	Cambridge	MD
Bank of Ocean City Williams Street Branch	627 Williams Street	Berlin	MD
Calvin B. Taylor Banking Company of Berlin, Maryland West Ocean City Branch	9923 Golf Course Road	Ocean City	MD
First-Citizens Bank & Trust Company Annapolis Bestgate Office Branch	890 Bestgate Road	Annapolis	MD
Clear Mountain Bank Oakland Branch	12730 Garrett Highway	Oakland	MD
Farmers and Merchants Bank Owings Mills Branch	9320 Lakeside Blvd, P.O. Box 409	Owings Mills	MD
CNB Bank, Inc. Hancock Branch	333 E. Main Street	Hancock	MD
First United Bank & Trust Grantsville Branch	U.S. Route 40, Main Street	Grantsville	MD
Clear Mountain Bank Oakland Branch	12730 Garrett Highway	Oakland	MD
Woodsboro Bank Homewood At Crumland Farms Branch	7407 Willow Road	Frederick	MD
ACNB Bank Loan Center Branch	181 E. Main Street	Westminster	MD
Orrstown Bank Eastern Blvd Branch	1020 Professional Court	Hagerstown	MD
Jefferson Security Bank Sharpsburg Office Branch	103 West Main Street	Sharpsburg	MD
Farmers and Merchants Bank Owings Mills Branch	9320 Lakeside Blvd, P.O. Box 409	Owings Mills	MD
Capital Bank, National Association Capital Bank, National Association Branch	One Church Street	Rockville	MD
The Harbor Bank of Maryland Science & Technology Park East At Jo Branch	855 North Wolfe Street, Suite C	Baltimore	MD
Homewood Federal Savings Bank Homewood Federal Savings Bank Branch	3228-30 Eastern Ave	Baltimore	MD
The Bank of Glen Burnie Odenton Branch	Route 175 And Morgan Road	Odenton	MD
The Chesapeake Bank & Trust Co. Chestertown Drive-In Branch	301 Morgnec Road	Chestertown	MD
Bank of America, National Association Beards Hill Plaza Branch	983 Beards Hill Plaza	Aberdeen	MD
CNB Bank, Inc. Hancock Branch	333 E. Main Street	Hancock	MD
Shore United Bank, National Association Owings Mills Branch	9612 Reisterstown Road	Owings Mills	MD
First United Bank & Trust Grantsville Branch	U.S. Route 40, Main Street	Grantsville	MD
Middletown Valley Bank Middleton Branch	803 East Main Street	Middletown	MD
PNC Bank, National Association Pnc Bank, National Association Branch	Ridgley And Taylor Avenues	Annapolis	MD
Wells Fargo Bank, National Association St Thomas Shopping Center Branch	9948 Reisterstown Road	Owings Mills	MD
HSBC Bank USA, National Association Bethesda Branch	7637 Old Georgetown Road	Bethesda	MD
PNC Bank, National Association Pnc Bank, National Association Branch	Ridgley And Taylor Avenues	Annapolis	MD
Truist Bank Hampstead Branch	999 South Main Street	Hampstead	MD
Northwest Bank Waverly Park Branch	2470 Longstone Lane	Marriottsville	MD
First National Bank of Pennsylvania Carney Branch	9613-A Harford Road, Suite A	Baltimore	MD

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

MARYLAND SAVINGS ACCOUNT ENVIRONMENT

The savings rate offered to consumers in Maryland is determined by several factors, including:

1. Market Forces: The savings rate is influenced by the overall supply and demand of savings in the market. If there is high demand for loans, banks may offer lower savings rates to incentivize consumers to borrow instead of saving. Conversely, if there is less demand for loans, banks may offer higher savings rates to attract more deposits.

2. Federal Reserve Policy: The Federal Reserve sets the benchmark interest rate, known as the federal funds rate. Changes in the federal funds rate can impact the savings rates offered by banks. When the Fed increases the federal funds rate, it becomes more expensive for banks to borrow from each other, which might lead to higher savings rates.

3. Economic Conditions: The overall economic conditions, including inflation, can influence the savings rates. Inflation erodes the purchasing power of money over time, so banks may adjust their savings rates to compensate for inflationary pressures.

4. Bank Policy: Each bank sets its own savings rates based on its internal policies and strategies. Banks may consider factors such as profitability, cost of funds, competition, and the desired customer base when determining their savings rates.

5. Federal Deposit Insurance Corporation (FDIC) Regulations: FDIC insurance protects consumers' deposits in case of bank failures. Banks pay insurance premiums to the FDIC, and these costs can impact the savings rates offered to consumers.

It is important to note that these factors may vary over time and can differ between banks, leading to different savings rates offered to consumers in Maryland.

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.