Ohio

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Huber Heights, Ohio Savings Rates

You are viewing savings rates from banks in Huber Heights, Ohio

 

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!

Huber Heights, OH - June 14, 2025

Savings Account National Average Rate: 0.45% ?

Banks APY MIN

| Jan 21, 2020

The people there are very friendly and helpful. They have good rates most of the time. Read More

| Mar 3, 2025

what a nightmare. I spent over 6 weeks working with [name redacted] from CF banks. She was suppose to be getting me approved for a home mortgage that needed to be closed by march 17th 2025. After about 5... Read More

Rate History: 4.70% → 4.18% → 3.92%

| Mar 18, 2021

I called Huntington yesterday and the branch manager told me that the rate listed on Best Cash Cow doesn't exist......... Read More

Rate History: 4.25% → 3.75%

Rate History: 4.50% → 4.15% → 3.90% → 3.70%

| Mar 20, 2016

Good solid bank. Read More

Rate History: 4.00% → 3.65% → 3.66%

| 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

Rate History: 4.00% → 3.50%

Rate History: 4.10% → 3.50%

| Jun 12, 2023

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

Rate History: 4.00% → 3.80% → 3.00% → 2.63% → 3.50%

Rate History: 4.00% → 3.75% → 3.50% → 3.25%

| Nov 17, 2020

Is notarie services available today at a woodforest on wilkinson blvd Read More

Rate History: 1.00% → 3.00%

| Mar 20, 2016

Good solid bank. Read More

| Jan 2, 2024

Like others, I've been with Capital One and its predecessor ING Direct since 2007. I've also been getting cheap bank rates on my savings account and didn't realize that there was something better, although... Read More

Rate History: 2.78% → 2.22% → 1.97% → 1.71%

Rate History: 2.00% → 1.90% → 1.70%

| May 15, 2020

Sucks don’t ever get with this bank Read More

Rate History: 1.01% → 1.02% → 1.01%

| Feb 6, 2023

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

0.75%

$25,000

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0.75%

$10,000

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Rate History: 0.80% → 0.05% → 0.10% → 0.80% → 0.70%

Rate History: 7.00% → 1.25% → 1.06% → 0.85% → 0.65%

0.65%

$2,500

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0.50%

$2,500

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0.50%

$25,000

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0.50%

$2,500

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0.50%

$10,000

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0.49%

$10,000

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0.45%

$25,000

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0.40%

$2,500

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0.40%

$25,000

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| Mar 4, 2017

For greater Cincinnati customers only. Read More

Rate History: 1.00% → 0.50% → 0.40%

| Nov 17, 2020

Is notarie services available today at a woodforest on wilkinson blvd Read More

0.35%

$25,000

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0.30%

$25,000

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0.30%

$25,000

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0.30%

$20,000

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0.30%

$25,000

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0.30%

$25,000

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0.30%

$25,000

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| Mar 4, 2017

For greater Cincinnati customers only. Read More

0.30%

$10,000

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0.25%

$10,000

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0.25%

$10,000

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0.25%

$10,000

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0.25%

$10,000

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0.25%

$25,000

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| Oct 6, 2023

Awful bank. Poor service, rude and some of the lowest rates out there. Avoid Read More

0.25%

$10,000

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0.25%

$10,000

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0.25%

$25,000

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0.25%

$2,500

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| Mar 4, 2017

For greater Cincinnati customers only. Read More

0.25%

$25,000

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| 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

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

| Jun 12, 2023

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

0.20%

$2,500

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0.20%

$2,500

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0.20%

$100

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0.20%

$2,500

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0.20%

$0

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0.20%

$10,000

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0.20%

$2,500

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0.20%

$25,000

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0.20%

$2,500

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0.20%

$25,000

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0.20%

$10,000

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0.20%

$2,500

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0.20%

$25,000

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0.20%

$10,000

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0.20%

$25,000

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0.20%

$2,500

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0.20%

$2,500

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0.20%

$25,000

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0.20%

$10,000

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0.20%

$2,500

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0.20%

$2,500

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0.20%

$2,500

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0.20%

$2,500

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0.20%

$10,000

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0.20%

$2,500

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0.20%

$10,000

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*Monthly Qualifications: Make 12 debit card purchases, enroll and receive electronic statements, and set up 1 direct deposit or 1 ACH automatic debit. Minimum Daily Collected Balance required to waive monthly service charges: 0 Monthly Maintenance Charge: $0
Rate History: 0.25% → 0.20% → 0.15%

0.15%

$15,000

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0.15%

$2,500

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0.15%

$1

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0.15%

$2,500

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0.15%

$10,000

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0.15%

$25,000

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0.15%

$2,500

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0.15%

$1,000

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0.15%

$2,500

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0.15%

$2,500

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0.15%

$10,000

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0.15%

$2,500

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0.15%

$25,000

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0.15%

$10,000

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| Jan 21, 2020

The people there are very friendly and helpful. They have good rates most of the time. Read More

0.15%

$25,000

Learn More

| May 6, 2015

The BEST BANK for 57years straight. The personel are wonderful to work with. ANYONE that needs Money, Middlefield Bank will be there to help. Read More

| Oct 6, 2023

Awful bank. Poor service, rude and some of the lowest rates out there. Avoid Read More

0.15%

$2,500

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0.15%

$25,000

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0.15%

$25,000

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0.15%

$25,000

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0.15%

$10,000

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0.15%

$25,000

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0.15%

$25,000

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| Mar 21, 2020

Well here comes good old Union Savings the absolute worst bank to deal with in the world again today. We have no money coming in right now so we did not send in the mortgage payment yet because our family ... Read More

0.15%

$2,500

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0.15%

$10,000

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0.15%

$2,500

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0.15%

$2,500

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0.15%

$2,500

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| Oct 29, 2017

Excellentr Read More

| Mar 4, 2017

For greater Cincinnati customers only. Read More

0.15%

$2,500

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0.15%

$2,500

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0.15%

$10,000

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0.15%

$2,500

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0.11%

$2,500

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0.10%

$2,500

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0.10%

$2,500

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0.10%

$1

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0.10%

$25,000

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0.10%

$2,500

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0.10%

$5

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0.10%

$2,500

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0.10%

$10,000

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0.10%

$1

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| Jul 23, 2019

Oberlen Ave in Lorain Ohio Read More

0.10%

$25

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0.10%

$25,000

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0.10%

$10,000

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| Mar 12, 2023

I have several business loans through VCNB. Anyone considering borrowing money should consider using them for financing. They have the assets and abilities of larger chains, but you get a more personal i... Read More

0.10%

$2,500

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0.10%

$25,000

Learn More

0.10%

$2,500

Learn More

0.10%

$10,000

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0.10%

$2,500

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0.10%

$2,500

Learn More

| May 6, 2015

The BEST BANK for 57years straight. The personel are wonderful to work with. ANYONE that needs Money, Middlefield Bank will be there to help. Read More

| Oct 6, 2023

Awful bank. Poor service, rude and some of the lowest rates out there. Avoid Read More

0.10%

$2,500

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0.10%

$25,000

Learn More

0.10%

$2,500

Learn More

0.10%

$10,000

Learn More

0.10%

$2,500

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| Jul 5, 2022

Do not use this bank , they refuse to work with any other financial company and if they decline your for a loan they won’t allow anyone else to give you a loan or business funding so you are stuck. This ... Read More

0.10%

$2,500

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0.10%

$2,500

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0.10%

$10,000

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0.10%

$2,500

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0.10%

$2,500

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0.10%

$2,500

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0.10%

$2,500

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0.10%

$2,500

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| Mar 3, 2025

what a nightmare. I spent over 6 weeks working with [name redacted] from CF banks. She was suppose to be getting me approved for a home mortgage that needed to be closed by march 17th 2025. After about 5... Read More

0.10%

$10,000

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0.10%

$2,500

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0.10%

$2,500

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0.10%

$2,500

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0.10%

$2,500

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0.10%

$2,500

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0.10%

$2,500

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0.10%

$2,500

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0.10%

$2,500

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0.09%

$2,500

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0.08%

$2,500

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0.08%

$25,000

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0.08%

$100

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0.08%

$2,500

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0.07%

$2,500

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0.07%

$5

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0.07%

$2,500

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0.07%

$25,000

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0.07%

$2,500

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0.07%

$2,500

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0.07%

$2,500

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| Jul 23, 2019

Oberlen Ave in Lorain Ohio Read More

| Mar 12, 2023

I have several business loans through VCNB. Anyone considering borrowing money should consider using them for financing. They have the assets and abilities of larger chains, but you get a more personal i... Read More

| Mar 18, 2021

I called Huntington yesterday and the branch manager told me that the rate listed on Best Cash Cow doesn't exist......... Read More

0.06%

$2,500

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0.05%

$1

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0.05%

$100

Learn More

0.05%

$10,000

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0.05%

$25

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0.05%

$25

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0.05%

$2,500

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0.05%

$2,500

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0.05%

$100

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0.05%

$25

Learn More

0.05%

$5

Learn More

0.05%

$25,000

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0.05%

$25,000

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0.05%

$10,000

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0.05%

$2,500

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Rate History: 1.00% → 0.05%

0.05%

$2,500

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0.05%

$1

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0.05%

$2,500

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0.05%

$2,500

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0.05%

$2,500

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0.05%

$2,500

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| Feb 5, 2020

We used Civista Bank for a mortgage loan because they gave me the best rate of 3.5 for my over 800 credit rating with no points and locked it in for 2 months. Other banks offering the same rate but would n... Read More

0.05%

$2,500

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0.05%

$2,500

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0.05%

$2,500

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0.05%

$2,500

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| Jun 28, 2017

showmethreethousanddollars Read More

| May 6, 2015

The BEST BANK for 57years straight. The personel are wonderful to work with. ANYONE that needs Money, Middlefield Bank will be there to help. Read More

| Oct 6, 2023

Awful bank. Poor service, rude and some of the lowest rates out there. Avoid Read More

0.05%

$25,000

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0.05%

$2,500

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0.05%

$2,500

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0.05%

$2,500

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0.05%

$2,500

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0.05%

$2,500

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0.05%

$2,500

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| Jul 18, 2020

how long can i use rabo bank checks? Read More

0.05%

$2,500

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0.05%

$2,500

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| May 15, 2020

Sucks don’t ever get with this bank Read More

0.05%

$2,500

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0.05%

$2,500

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0.05%

$2,500

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0.05%

$2,500

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0.05%

$2,500

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0.05%

$2,500

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0.05%

$25,000

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0.05%

$2,500

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0.05%

$2,500

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| Sep 6, 2022

DO NOT TRUST THIS BANK. I caught them Ted handed trying to hold my funds through various methods even going so far as to not allow me to transfer my funds to another bank. I've been banking with them for... Read More

0.05%

$2,500

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0.05%

$2,500

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0.05%

$2,500

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0.05%

$2,500

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0.05%

$2,500

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0.05%

$2,500

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0.05%

$2,500

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0.04%

$1

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0.04%

$25

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0.04%

$25,000

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0.04%

$2,500

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0.03%

$25,000

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0.03%

$1

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0.03%

$200

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0.03%

$1

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0.03%

$1

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0.03%

$10,000

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0.03%

$10,000

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0.03%

$25,000

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0.03%

$2,500

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0.03%

$10,000

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0.03%

$2,500

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| Jun 28, 2017

showmethreethousanddollars Read More

0.03%

$1

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0.03%

$2,500

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| Jul 18, 2020

how long can i use rabo bank checks? Read More

0.03%

$2,500

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0.03%

$2,500

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| Sep 6, 2022

DO NOT TRUST THIS BANK. I caught them Ted handed trying to hold my funds through various methods even going so far as to not allow me to transfer my funds to another bank. I've been banking with them for... Read More

0.03%

$2,500

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0.02%

$2,500

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0.02%

$2,500

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Rate History: 1.00% → 0.05% → 0.02%

| 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

0.02%

$2,500

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0.02%

$2,500

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0.02%

$2,500

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0.02%

$2,500

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0.02%

$2,500

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0.02%

$2,500

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| Jun 28, 2017

showmethreethousanddollars Read More

0.02%

$2,500

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0.02%

$2,500

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0.02%

$100

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| Jan 2, 2023

Terrible customer service by investment side. Fees too high , too full of themselves Read More

Rate History: 0.03% → 0.01%

| 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

| 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

0.01%

$1

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| Nov 12, 2018

Helpful w/$ Read More

0.01%

$1

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0.01%

$2,500

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0.01%

$1,000

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0.01%

$1

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0.01%

$1

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0.01%

$2,500

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0.01%

$2,500

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0.01%

$2,500

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0.01%

$2,500

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0.01%

$2,500

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| Apr 21, 2020

Your information is very inaccurate. Interest rates are a fraction of 1%. Call the bank yourself. Read More

0.01%

$1

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0.01%

$2,500

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0.01%

$2,500

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0.01%

$2,500

Learn More

| Sep 6, 2022

DO NOT TRUST THIS BANK. I caught them Ted handed trying to hold my funds through various methods even going so far as to not allow me to transfer my funds to another bank. I've been banking with them for... Read More

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


Branches Info around Huber Heights, OH - June 14, 2025


Branch Street City State
First Federal Savings and Loan Association of Lakewood
Parma Century Branch
1640 Snow Road At Broadview Parma OH
CFBank, National Association
Cf Bank, National Association Branch
7000 North High Street Worthington OH
The Huntington National Bank
Arlington Branch
100 North Main Street Arlington OH
Farmers & Merchants Bank
Farmers & Merchants Bank Branch
41 South First Street Miamisburg OH
XD Bank
Cincinnati Branch
7880 Montgomery Rd Cincinnati OH
Citizens
Massilon Branch
115 Tommy Henrich Dr Nw Massillon OH
Truist Bank
Cincinnati 4th & Walnut Branch
100 East Fourth Street Cincinnati OH
XD Bank
Cincinnati Branch
7880 Montgomery Rd Cincinnati OH
U.S. Bank National Association
Independence Branch
6511 Brecksville Road Independence OH
The Community Bank
The Community Bank Branch
113 North Fifth Street Zanesville OH
XD Bank
Cincinnati Branch
7880 Montgomery Rd Cincinnati OH
Woodforest National Bank
Kenton Wal-Mart Branch
1241 East Columbus Street Kenton OH
The Community Bank
The Community Bank Branch
113 North Fifth Street Zanesville OH
Citizens
Massilon Branch
115 Tommy Henrich Dr Nw Massillon OH
The Community Bank
The Community Bank Branch
113 North Fifth Street Zanesville OH
Citizens
Massilon Branch
115 Tommy Henrich Dr Nw Massillon OH
Woodforest National Bank
Kenton Wal-Mart Branch
1241 East Columbus Street Kenton OH
The First National Bank of Pandora
The First National Bank Of Pandora Branch
102 East Main Street Pandora OH
Consumers National Bank
Consumers National Bank Branch
614 East Lincoln Way Minerva OH
Woodforest National Bank
Kenton Wal-Mart Branch
1241 East Columbus Street Kenton OH
The Union Bank Company
Leipsic Branch
318 South Belmore Street Leipsic OH
S&T Bank
Akron Branch
491 North Cleveland-Massillon Road Akron OH
Consumers National Bank
Consumers National Bank Branch
614 East Lincoln Way Minerva OH
Woodforest National Bank
Kenton Wal-Mart Branch
1241 East Columbus Street Kenton OH
The Union Bank Company
Leipsic Branch
318 South Belmore Street Leipsic OH
The First National Bank of Pandora
The First National Bank Of Pandora Branch
102 East Main Street Pandora OH
Wells Fargo Bank, National Association
Van Wert Branch
115 Hospital Drive Van Wert OH
Consumers National Bank
Consumers National Bank Branch
614 East Lincoln Way Minerva OH
The First National Bank of Pandora
The First National Bank Of Pandora Branch
102 East Main Street Pandora OH
The First National Bank of Germantown
The First National Bank Of Germantow Branch
17 North Main Street Germantown OH
First Bank of Ohio
First Bank Of Ohio Branch
175 South Washington Street Tiffin OH
Third Federal Savings and Loan Association of Cleveland
Third Federal Savings And Loan Assoc Branch
7007 Broadway Avenue Cleveland OH
First Federal Community Bank, National Association
First Federal Community Bank, National Association Branch
321 North Wooster Avenue Dover OH
First Federal Savings and Loan Association
First Federal Savings And Loan Assoc Branch
2 North Second St Newark OH
First Federal Community Bank, National Association
First Federal Community Bank, National Association Branch
321 North Wooster Avenue Dover OH
Westfield Bank, FSB
Portage Trail Branch
Portage Trail And Second Street Cuyahoga Falls OH
The First National Bank of Germantown
The First National Bank Of Germantow Branch
17 North Main Street Germantown OH
Spring Valley Bank
Spring Valley Bank Branch
1206 Springfield Pike Wyoming OH
The First National Bank of Pandora
The First National Bank Of Pandora Branch
102 East Main Street Pandora OH
Consumers National Bank
Consumers National Bank Branch
614 East Lincoln Way Minerva OH
CNB Bank
Bucyrus North Branch
105 Washington Square Bucyrus OH
First Federal Community Bank, National Association
First Federal Community Bank, National Association Branch
321 North Wooster Avenue Dover OH
First Federal Savings and Loan Association
First Federal Savings And Loan Assoc Branch
2 North Second St Newark OH
First Commonwealth Bank
100 Central Plaza South Branch
100 Central Plaza South Canton OH
The Ohio Valley Bank Company
The Ohio Valley Bank Company Branch
420 Third Avenue Gallipolis OH
First Commonwealth Bank
100 Central Plaza South Branch
100 Central Plaza South Canton OH
S&T Bank
Akron Branch
491 North Cleveland-Massillon Road Akron OH
The Wilmington Savings Bank
The Wilmington Savings Bank Branch
184 North South Street Wilmington OH
FCN Bank, National Association
Harrison Branch
590 Ring Road Harrison OH
Dollar Bank, Federal Savings Bank
Public Square Branch
140 Public Square Cleveland OH
SSB Community Bank
Ssb Community Bank Branch
224 North Bodmer Avenue Strasburg OH
CenterBank
Centerbank Branch
744 State Route 28 Milford OH
First Commonwealth Bank
100 Central Plaza South Branch
100 Central Plaza South Canton OH
Woodforest National Bank
Kenton Wal-Mart Branch
1241 East Columbus Street Kenton OH
Woodforest National Bank
Kenton Wal-Mart Branch
1241 East Columbus Street Kenton OH
Buckeye State Bank
Buckeye State Bank Branch
101 North Main Street De Graff OH
The First National Bank of Bellevue
The First National Bank Of Bellevue Branch
120 North Street Bellevue OH
Westfield Bank, FSB
Portage Trail Branch
Portage Trail And Second Street Cuyahoga Falls OH
First National Bank in New Bremen
First National Bank In New Bremen Branch
435 South Washington Street New Bremen OH
Consumers National Bank
Consumers National Bank Branch
614 East Lincoln Way Minerva OH
Fidelity Federal Savings and Loan Association of Delaware
Fidelity Federal Savings And Loan As Branch
60 North Sandusky St Delaware OH
The First National Bank of McConnelsville
11 Public Square Branch
11 Public Square Nelsonville OH
Community Savings
Community Savings Branch
425 Main Street Caldwell OH
CenterBank
Centerbank Branch
744 State Route 28 Milford OH
The Wilmington Savings Bank
The Wilmington Savings Bank Branch
184 North South Street Wilmington OH
First Commonwealth Bank
100 Central Plaza South Branch
100 Central Plaza South Canton OH
Woodforest National Bank
Kenton Wal-Mart Branch
1241 East Columbus Street Kenton OH
Spring Valley Bank
Spring Valley Bank Branch
1206 Springfield Pike Wyoming OH
The Twin Valley Bank
The Twin Valley Bank Branch
2 East Dayton Street West Alexandria OH
The First National Bank of Pandora
The First National Bank Of Pandora Branch
102 East Main Street Pandora OH
Buckeye State Bank
Buckeye State Bank Branch
101 North Main Street De Graff OH
The Farmers State Bank
The Farmers State Bank Branch
101 South Main Street New Madison OH
The Harrison Building and Loan Association
The Harrison Building And Loan Assoc Branch
10490 New Haven Road Harrison OH
The Union Bank Company
Leipsic Branch
318 South Belmore Street Leipsic OH
Hometown Bank
Hometown Bank Branch
142 North Water Street Kent OH
First Commonwealth Bank
100 Central Plaza South Branch
100 Central Plaza South Canton OH
The St. Henry Bank
The St. Henry Bank Branch
231 East Main Street St. Henry OH
SSB Community Bank
Ssb Community Bank Branch
224 North Bodmer Avenue Strasburg OH
Somerville Bank
Somerville Bank Branch
197 South Main Street Somerville OH
Farmers & Merchants Bank
Farmers & Merchants Bank Branch
41 South First Street Miamisburg OH
The First National Bank of McConnelsville
11 Public Square Branch
11 Public Square Nelsonville OH
CenterBank
Centerbank Branch
744 State Route 28 Milford OH
First Mutual Bank, FSB
First Mutual Bank, Fsb Branch
605 Washington Boulevard Belpre OH
KeyBank National Association
Rotunda Branch
800 Superior Avenue Cleveland OH
U.S. Bank National Association
Independence Branch
6511 Brecksville Road Independence OH
The Twin Valley Bank
The Twin Valley Bank Branch
2 East Dayton Street West Alexandria OH
Buckeye State Bank
Buckeye State Bank Branch
101 North Main Street De Graff OH
Belmont Savings Bank
Belmont Savings Bank Branch
3301 Guernsey Street Bellaire OH
The Hamler State Bank
The Hamler State Bank Branch
210 Randolph Street Hamler OH
The First National Bank of Bellevue
The First National Bank Of Bellevue Branch
120 North Street Bellevue OH
The Ottoville Bank Company
The Ottoville Bank Company Branch
161 West Third Street Ottoville OH
Sutton Bank
Sutton Bank Branch
3 South Main Street Attica OH
CNB Bank
Bucyrus North Branch
105 Washington Square Bucyrus OH
First Commonwealth Bank
100 Central Plaza South Branch
100 Central Plaza South Canton OH
Portage Community Bank
Portage Community Bank Branch
1311 East Main Street Ravenna OH
First National Bank in New Bremen
First National Bank In New Bremen Branch
435 South Washington Street New Bremen OH
The Home Savings and Loan Company of Kenton, Ohio, DBA HSLC
The Home Savings And Loan Company Of Kenton, Ohio Branch
116 East Franklin Street Kenton OH
Galion Building and Loan Bank
Galion Building And Loan Bank Branch
135 South Market Street Galion OH
First Federal Community Bank of Bucyrus
First Federal Community Bank Of Bucy Branch
119 South Sandusky Avenue Bucyrus OH
The Killbuck Savings Bank Company
Danville Branch
701 South Market Danville OH
First Bank Richmond
Sidney Branch
121 South Ohio Avenue Sidney OH
Fidelity Federal Savings and Loan Association of Delaware
Fidelity Federal Savings And Loan As Branch
60 North Sandusky St Delaware OH
The Citizens National Bank of McConnelsville
The Citizens National Bank Of Mcconn Branch
100 East Main Street Mcconnelsville OH
Somerville Bank
Somerville Bank Branch
197 South Main Street Somerville OH
The Brookville Building and Savings Association
The Brookville Building And Savings Branch
510 Arlington Road Brookville OH
Valley Central Bank
Valley Central Bank Branch
6550 Princeton Glendale Road Liberty Township OH
Community Savings
Community Savings Branch
425 Main Street Caldwell OH
FCN Bank, National Association
Harrison Branch
590 Ring Road Harrison OH
The Wilmington Savings Bank
The Wilmington Savings Bank Branch
184 North South Street Wilmington OH
Southern Hills Community Bank
Ripley Federal Savings Bank Main Off Branch
1006 S Second St Ripley OH
The Citizens Bank Company
The Citizens Bank Company Branch
2301 State Route 550 Bartlett OH
The Settlers Bank
The Settlers Bank Branch
115-121 Third Street Marietta OH
Westfield Bank, FSB
Portage Trail Branch
Portage Trail And Second Street Cuyahoga Falls OH
The Richwood Banking Company
The Richwood Banking Company Branch
28 North Franklin Street Richwood OH
First Federal Bank of Ohio
First Federal Bank Of Ohio Branch
140 North Columbus Street Galion OH
First Bank of Ohio
First Bank Of Ohio Branch
175 South Washington Street Tiffin OH
Spring Valley Bank
Spring Valley Bank Branch
1206 Springfield Pike Wyoming OH
The Harrison Building and Loan Association
The Harrison Building And Loan Assoc Branch
10490 New Haven Road Harrison OH
The Peoples Bank
The Peoples Bank Branch
103 East Wiggin Street Gambier OH
The First National Bank of Germantown
The First National Bank Of Germantow Branch
17 North Main Street Germantown OH
Belmont Savings Bank
Belmont Savings Bank Branch
3301 Guernsey Street Bellaire OH
The Corn City State Bank
The Corn City State Bank Branch
120 West Main Street Deshler OH
The Twin Valley Bank
The Twin Valley Bank Branch
2 East Dayton Street West Alexandria OH
The Apple Creek Banking Company
The Apple Creek Banking Company Branch
3 West Main Street Apple Creek OH
First National Bank in New Bremen
First National Bank In New Bremen Branch
435 South Washington Street New Bremen OH
Minster Bank
Minster Bank Branch
95 West 4th Street Minster OH
Sutton Bank
Sutton Bank Branch
3 South Main Street Attica OH
First Federal Savings and Loan Association of Lakewood
Parma Century Branch
1640 Snow Road At Broadview Parma OH
LCNB National Bank
Lcnb National Bank Branch
10820 Main Street Clarksburg OH
The Middlefield Banking Company
The Middlefield Banking Company Branch
15985 East High Street Middlefield OH
Hometown Bank
Hometown Bank Branch
142 North Water Street Kent OH
First Commonwealth Bank
100 Central Plaza South Branch
100 Central Plaza South Canton OH
The St. Henry Bank
The St. Henry Bank Branch
231 East Main Street St. Henry OH
The Fahey Banking Company
The Fahey Banking Company Branch
127 North Main Street Marion OH
Main Street Bank Corp.
Stebbins National Bank Of Creston Br Branch
121 N Main Street Creston OH
The Commercial and Savings Bank of Millersburg, Ohio
The Commercial And Savings Bank Of Millersburg, Ohio Branch
91 N Clay St Millersburg OH
The Killbuck Savings Bank Company
Danville Branch
701 South Market Danville OH
The Peoples Savings Bank
The Peoples Savings Bank Branch
10 Monument Square Urbana OH
Monroe Federal Savings and Loan Association
Monroe Federal Savings And Loan Asso Branch
24 East Main Street Tipp City OH
Union Savings Bank
Union Savings Bank Branch
8534 East Kemper Road Cincinnati OH
Fidelity Federal Savings and Loan Association of Delaware
Fidelity Federal Savings And Loan As Branch
60 North Sandusky St Delaware OH
The Citizens National Bank of McConnelsville
The Citizens National Bank Of Mcconn Branch
100 East Main Street Mcconnelsville OH
Somerville Bank
Somerville Bank Branch
197 South Main Street Somerville OH
The First National Bank of McConnelsville
11 Public Square Branch
11 Public Square Nelsonville OH
The Waterford Commercial and Savings Bank
The Waterford Commercial And Savings Branch
20115 State Route 339 Waterford OH
Guardian Savings Bank
Guardian Savings Bank, A Federal Savings Bank Branch
6100 West Chester Road West Chester OH
FCN Bank, National Association
Harrison Branch
590 Ring Road Harrison OH
CenterBank
Centerbank Branch
744 State Route 28 Milford OH
The Wilmington Savings Bank
The Wilmington Savings Bank Branch
184 North South Street Wilmington OH
Southern Hills Community Bank
Ripley Federal Savings Bank Main Off Branch
1006 S Second St Ripley OH
First Mutual Bank, FSB
First Mutual Bank, Fsb Branch
605 Washington Boulevard Belpre OH
The Settlers Bank
The Settlers Bank Branch
115-121 Third Street Marietta OH
First Commonwealth Bank
100 Central Plaza South Branch
100 Central Plaza South Canton OH
The First National Bank of Blanchester
The First National Bank Of Blanchest Branch
121 East Main Street Blanchester OH
The First National Bank of Sycamore
The First National Bank Of Sycamore Branch
141 S Sycamore Ave Sycamore OH
The Savings Bank
The Savings Bank Branch
18 Long Street Ashville OH
The Peoples Bank
The Peoples Bank Branch
103 East Wiggin Street Gambier OH
The North Side Bank and Trust Company
The North Side Bank And Trust Compan Branch
4125 Hamilton Avenue Cincinnati OH
The Harrison Building and Loan Association
The Harrison Building And Loan Assoc Branch
10490 New Haven Road Harrison OH
The Corn City State Bank
The Corn City State Bank Branch
120 West Main Street Deshler OH
Buckeye State Bank
Buckeye State Bank Branch
101 North Main Street De Graff OH
Kingston National Bank
Adelphi Branch
11811 Main Street Adelphi OH
The Richwood Banking Company
The Richwood Banking Company Branch
28 North Franklin Street Richwood OH
First Federal Savings and Loan Association of Lorain
Sandusky Branch
207 West Washington Row Sandusky OH
The Hamler State Bank
The Hamler State Bank Branch
210 Randolph Street Hamler OH
The Sherwood State Bank
The Sherwood State Bank Branch
105 North Harrison Street Sherwood OH
Minster Bank
Minster Bank Branch
95 West 4th Street Minster OH
THE VINTON COUNTY NATIONAL BANK
The Vinton County National Bank Branch
112 West Main Street Mc Arthur OH
Consumers National Bank
Consumers National Bank Branch
614 East Lincoln Way Minerva OH
FCN Bank, National Association
Harrison Branch
590 Ring Road Harrison OH
The Union Bank Company
Leipsic Branch
318 South Belmore Street Leipsic OH
The First National Bank of Bellevue
The First National Bank Of Bellevue Branch
120 North Street Bellevue OH
First Financial Bank
St. Marys Branch
130 East Spring Street Saint Marys OH
The Ottoville Bank Company
The Ottoville Bank Company Branch
161 West Third Street Ottoville OH
Northwest Bank
Lorain Nb Branch
457 Broadway Lorain OH
Buckeye Community Bank
Buckeye Community Bank Branch
105 Sheffield Center Lorain OH
LCNB National Bank
Lcnb National Bank Branch
10820 Main Street Clarksburg OH
The Middlefield Banking Company
The Middlefield Banking Company Branch
15985 East High Street Middlefield OH
Hometown Bank
Hometown Bank Branch
142 North Water Street Kent OH
Portage Community Bank
Portage Community Bank Branch
1311 East Main Street Ravenna OH
Greenville National Bank
Ansonia Branch
100 South Main Street Ansonia OH
Mercer Savings Bank
Mercer Savings Bank Branch
1100 Irmscher Blvd Celina OH
The Fahey Banking Company
The Fahey Banking Company Branch
127 North Main Street Marion OH
Galion Building and Loan Bank
Galion Building And Loan Bank Branch
135 South Market Street Galion OH
Peoples Savings and Loan Company
Peoples Savings And Loan Company Branch
300 South Walnut Street Bucyrus OH
First Federal Community Bank of Bucyrus
First Federal Community Bank Of Bucy Branch
119 South Sandusky Avenue Bucyrus OH
Main Street Bank Corp.
Stebbins National Bank Of Creston Br Branch
121 N Main Street Creston OH
Farmers State Bank
Farmers State Bank Branch
11 South Main Street West Salem OH
SSB Community Bank
Ssb Community Bank Branch
224 North Bodmer Avenue Strasburg OH
The Peoples Savings and Loan Company
The Peoples Savings And Loan Company Branch
110 North Detroit Street West Liberty OH
The Peoples Savings Bank
The Peoples Savings Bank Branch
10 Monument Square Urbana OH
The First Central National Bank of St. Paris
The First Central National Bank Of S Branch
103 South Springfield St. Paris OH
First Commonwealth Bank
100 Central Plaza South Branch
100 Central Plaza South Canton OH
WesBanco Bank, Inc.
Freeport Branch
102 East Main Street Freeport OH
CFBank, National Association
Cf Bank, National Association Branch
7000 North High Street Worthington OH
The Merchants National Bank
Greenfield Branch
117-119 South Washington Street Greenfield OH
THE HOME LOAN SAVINGS BANK
The Home Loan Savings Bank Branch
413 Main Street Coshocton OH
North Valley Bank
North Valley Bank Branch
2775 Maysville Pike Zanesville OH
The Citizens National Bank of McConnelsville
The Citizens National Bank Of Mcconn Branch
100 East Main Street Mcconnelsville OH
Woodsfield Savings Bank
Woodsfield Savings Bank Branch
600 Lewisville Road Woodsfield OH
The Brookville Building and Savings Association
The Brookville Building And Savings Branch
510 Arlington Road Brookville OH
The Cincinnatus Savings & Loan Co.
The Cincinnatus Savings & Loan Co. Branch
3300 Harrison Ave Cincinnati OH
The First National Bank of Waverly
The First National Bank Of Waverly Branch
107 North Market Waverly OH
First Mutual Bank, FSB
First Mutual Bank, Fsb Branch
605 Washington Boulevard Belpre OH
The First National Bank of Blanchester
The First National Bank Of Blanchest Branch
121 East Main Street Blanchester OH
The Harrison Building and Loan Association
The Harrison Building And Loan Assoc Branch
10490 New Haven Road Harrison OH
New Carlisle Federal Savings Bank
New Carlisle Federal Savings Bank Branch
400 North Main Street New Carlisle OH
Liberty Bank
Liberty Bank Branch
314 Park Avenue Ironton OH
LCNB National Bank
Lcnb National Bank Branch
10820 Main Street Clarksburg OH
The Farmers National Bank of Canfield
Smithville Branch
153 East Main Street Smithville OH
The Apple Creek Banking Company
The Apple Creek Banking Company Branch
3 West Main Street Apple Creek OH
The Peoples Savings Bank
The Peoples Savings Bank Branch
710 Second Street New Matamoras OH
The Sherwood State Bank
The Sherwood State Bank Branch
105 North Harrison Street Sherwood OH
Greenville Federal
Greenville Federal Branch
690 Wagner Avenue Greenville OH
Citizens Federal Savings and Loan Association
Citizens Federal Savings And Loan As Branch
110 North Main Street Bellefontaine OH
Peoples State Bank
The Peoples National Bank Of New Lex Branch
110 North Main Street New Lexington OH
First State Bank
First State Bank Branch
19230 State Route 136 Winchester OH
First Federal Savings and Loan Association of Lorain
Sandusky Branch
207 West Washington Row Sandusky OH
THE VINTON COUNTY NATIONAL BANK
The Vinton County National Bank Branch
112 West Main Street Mc Arthur OH
The Huntington National Bank
Arlington Branch
100 North Main Street Arlington OH
The Antwerp Exchange Bank Company
The Antwerp Exchange Bank Company Branch
305 South Main Street Antwerp OH
The Croghan Colonial Bank
Bellevue Banking Center Branch
One Union Square Bellevue OH
The Savings Bank
The Savings Bank Branch
18 Long Street Ashville OH
The Park National Bank
2013 Jamestown Branch
82 West Washington Street Jamestown OH
The Farmers State Bank
The Farmers State Bank Branch
101 South Main Street New Madison OH
Home National Bank
Home National Bank Branch
209 Third Street Racine OH
The North Side Bank and Trust Company
The North Side Bank And Trust Compan Branch
4125 Hamilton Avenue Cincinnati OH
First National Bank in New Bremen
First National Bank In New Bremen Branch
435 South Washington Street New Bremen OH
The First National Bank of Sycamore
The First National Bank Of Sycamore Branch
141 S Sycamore Ave Sycamore OH
The Republic Banking Company
The Republic Banking Company Branch
202 Washington Street Republic OH
First Federal Bank of Ohio
First Federal Bank Of Ohio Branch
140 North Columbus Street Galion OH
Stock Yards Bank & Trust Company
Cincinnati Branch
101 West Fourth Street Cincinnati OH
Minster Bank
Minster Bank Branch
95 West 4th Street Minster OH
New Carlisle Federal Savings Bank
New Carlisle Federal Savings Bank Branch
400 North Main Street New Carlisle OH
The Covington Savings and Loan Association
The Covington Savings And Loan Assoc Branch
117 North High Street Covington OH
Consumers National Bank
Consumers National Bank Branch
614 East Lincoln Way Minerva OH
Spring Valley Bank
Spring Valley Bank Branch
1206 Springfield Pike Wyoming OH
Kingston National Bank
Adelphi Branch
11811 Main Street Adelphi OH
First Federal Savings and Loan Association
First Federal Savings And Loan Assoc Branch
404 Main Street Delta OH
The Genoa Banking Company
The Genoa Banking Company Branch
801 Main Street Genoa OH
The First National Bank of Bellevue
The First National Bank Of Bellevue Branch
120 North Street Bellevue OH
First Financial Bank
St. Marys Branch
130 East Spring Street Saint Marys OH
Civista Bank
New Washington Branch
102 South Kibler Street New Washington OH
Northwest Bank
Lorain Nb Branch
457 Broadway Lorain OH
The Old Fort Banking Company
The Old Fort Banking Company Branch
8034 Main Street Old Fort OH
Sutton Bank
Sutton Bank Branch
3 South Main Street Attica OH
Dollar Bank, Federal Savings Bank
Public Square Branch
140 Public Square Cleveland OH
Peoples Bank
Caldwell Branch
415 Main Street Caldwell OH
The Middlefield Banking Company
The Middlefield Banking Company Branch
15985 East High Street Middlefield OH
Hometown Bank
Hometown Bank Branch
142 North Water Street Kent OH
The Andover Bank
The Andover Bank Branch
19 Public Square Andover OH
Osgood Bank
The Osgood State Bank Branch
275 West Main Street Osgood OH
Greenville National Bank
Ansonia Branch
100 South Main Street Ansonia OH
Greenville Federal
Greenville Federal Branch
690 Wagner Avenue Greenville OH
The Fahey Banking Company
The Fahey Banking Company Branch
127 North Main Street Marion OH
The Home Savings and Loan Company of Kenton, Ohio, DBA HSLC
The Home Savings And Loan Company Of Kenton, Ohio Branch
116 East Franklin Street Kenton OH
Galion Building and Loan Bank
Galion Building And Loan Bank Branch
135 South Market Street Galion OH
Mechanics Bank
Mechanics Bank Branch
2 South Main Street Mansfield OH
Farmers State Bank
Farmers State Bank Branch
11 South Main Street West Salem OH
The Commercial and Savings Bank of Millersburg, Ohio
The Commercial And Savings Bank Of Millersburg, Ohio Branch
91 N Clay St Millersburg OH
S&T Bank
Akron Branch
491 North Cleveland-Massillon Road Akron OH
The Peoples Savings and Loan Company
The Peoples Savings And Loan Company Branch
110 North Detroit Street West Liberty OH
The Peoples Savings Bank
The Peoples Savings Bank Branch
10 Monument Square Urbana OH
Monroe Federal Savings and Loan Association
Monroe Federal Savings And Loan Asso Branch
24 East Main Street Tipp City OH
The Merchants National Bank
Greenfield Branch
117-119 South Washington Street Greenfield OH
THE HOME LOAN SAVINGS BANK
The Home Loan Savings Bank Branch
413 Main Street Coshocton OH
North Valley Bank
North Valley Bank Branch
2775 Maysville Pike Zanesville OH
The First National Bank of Dennison
Gnadenhutten Branch
130 North Walnut Street Gnadenhutten OH
The Citizens National Bank of McConnelsville
The Citizens National Bank Of Mcconn Branch
100 East Main Street Mcconnelsville OH
The Citizens National Bank of Woodsfield
The Citizens National Bank Of Woodsf Branch
143 Main Street Woodsfield OH
First Merchants Bank
Olentangy Branch
3650 Olentangy River Road, Suite 1 Columbus OH
The Ohio Valley Bank Company
The Ohio Valley Bank Company Branch
420 Third Avenue Gallipolis OH
Fairfield Federal Savings and Loan Association of Lancaster
Fairfield Federal Savings And Loan A Branch
111 East Main Street Lancaster OH
The Farmers and Merchants Bank
The Farmers And Merchants Bank Branch
430 North Street Caldwell OH
The Cincinnatus Savings & Loan Co.
The Cincinnatus Savings & Loan Co. Branch
3300 Harrison Ave Cincinnati OH
The Farmers Bank and Savings Company
The Farmers Bank And Savings Company Branch
640 East Main Street Pomeroy OH
The Hocking Valley Bank
The Hocking Valley Bank Branch
Stimson And Palmer Streets Athens OH
First Mutual Bank, FSB
First Mutual Bank, Fsb Branch
605 Washington Boulevard Belpre OH
The Farmers National Bank of Canfield
Smithville Branch
153 East Main Street Smithville OH
U.S. Bank National Association
Independence Branch
6511 Brecksville Road Independence OH
Minster Bank
Minster Bank Branch
95 West 4th Street Minster OH
First Bank of Ohio
First Bank Of Ohio Branch
175 South Washington Street Tiffin OH
Community First Bank, National Association
Community First Bank, National Association Branch
118 East Lima Street Forest OH
First Federal Community Bank, National Association
First Federal Community Bank, National Association Branch
321 North Wooster Avenue Dover OH
The First National Bank of Dennison
Gnadenhutten Branch
130 North Walnut Street Gnadenhutten OH
First Bank of Berne
Van Wert, Oh Branch
102 Christopher Crossing Van Wert OH
Minster Bank
Minster Bank Branch
95 West 4th Street Minster OH
The Hicksville Bank
The Hicksville Bank Branch
144-146 East High Street Hicksville OH
The Sherwood State Bank
The Sherwood State Bank Branch
105 North Harrison Street Sherwood OH
The Apple Creek Banking Company
The Apple Creek Banking Company Branch
3 West Main Street Apple Creek OH
Consumers National Bank
Consumers National Bank Branch
614 East Lincoln Way Minerva OH
Stock Yards Bank & Trust Company
Cincinnati Branch
101 West Fourth Street Cincinnati OH
The State Bank and Trust Company
Delta Branch
312 Main Street Delta OH
The Metamora State Bank
The Metamora State Bank Branch
120 East Main Street Metamora OH
The Farmers & Merchants State Bank
The Farmers & Merchants State Bank Branch
307-11 Defiance Street Archbold OH
The Citizens National Bank of Bluffton
The Citizens National Bank Of Blufft Branch
102 South Main Street Bluffton OH
The First Citizens National Bank of Upper Sandusky
Wharton Branch
101 West Sandusky Street Wharton OH
Peoples Bank
Caldwell Branch
415 Main Street Caldwell OH
The Andover Bank
The Andover Bank Branch
19 Public Square Andover OH
The Farmers National Bank of Canfield
Smithville Branch
153 East Main Street Smithville OH
Community First Bank, National Association
Community First Bank, National Association Branch
118 East Lima Street Forest OH
Mechanics Bank
Mechanics Bank Branch
2 South Main Street Mansfield OH
The Killbuck Savings Bank Company
Danville Branch
701 South Market Danville OH
The Bank of Magnolia Company
The Bank Of Magnolia Company Branch
122 North Main Street Magnolia OH
First Merchants Bank
Olentangy Branch
3650 Olentangy River Road, Suite 1 Columbus OH
The Farmers and Merchants Bank
The Farmers And Merchants Bank Branch
430 North Street Caldwell OH
New Carlisle Federal Savings Bank
New Carlisle Federal Savings Bank Branch
400 North Main Street New Carlisle OH
Signature Bank, National Association
Signature Bank, National Association Branch
4607 West Sylvania Avenue Toledo OH
PNC Bank, National Association
Fredericksburg Branch
121 North Mill Street Fredericksburg OH
The State Bank and Trust Company
Delta Branch
312 Main Street Delta OH
The Metamora State Bank
The Metamora State Bank Branch
120 East Main Street Metamora OH
The Genoa Banking Company
The Genoa Banking Company Branch
801 Main Street Genoa OH
First Federal Savings and Loan Association of Van Wert
First Federal Savings And Loan Assoc Branch
679 Fox Road Van Wert OH
GreenWay Bank
Van Wert Federal Savings Bank Branch
976 South Shannon Street Van Wert OH
Buckeye Community Bank
Buckeye Community Bank Branch
105 Sheffield Center Lorain OH
Peoples Bank
Caldwell Branch
415 Main Street Caldwell OH
Community First Bank, National Association
Community First Bank, National Association Branch
118 East Lima Street Forest OH
The Bank of Magnolia Company
The Bank Of Magnolia Company Branch
122 North Main Street Magnolia OH
First Federal Community Bank, National Association
First Federal Community Bank, National Association Branch
321 North Wooster Avenue Dover OH
JPMorgan Chase Bank, National Association
Jpmorgan Chase Bank, National Association Branch
1111 Polaris Parkway Columbus OH
Wells Fargo Bank, National Association
Van Wert Branch
115 Hospital Drive Van Wert OH
PNC Bank, National Association
Fredericksburg Branch
121 North Mill Street Fredericksburg OH
KeyBank National Association
Rotunda Branch
800 Superior Avenue Cleveland OH
First Bank of Berne
Van Wert, Oh Branch
102 Christopher Crossing Van Wert OH
Fifth Third Bank, National Association
Gibsonburg Branch
101 North Main Street Gibsonburg OH
Truist Bank
Cincinnati 4th & Walnut Branch
100 East Fourth Street Cincinnati OH
Stock Yards Bank & Trust Company
Cincinnati Branch
101 West Fourth Street Cincinnati OH
Signature Bank, National Association
Signature Bank, National Association Branch
4607 West Sylvania Avenue Toledo OH
The Park National Bank
2013 Jamestown Branch
82 West Washington Street Jamestown OH
Home Savings Bank of Wapakoneta
Home Savings Bank Of Wapakoneta Branch
1 South Blackhoof Street Wapakoneta OH
The Croghan Colonial Bank
Bellevue Banking Center Branch
One Union Square Bellevue OH
Northwest Bank
Lorain Nb Branch
457 Broadway Lorain OH
The State Bank and Trust Company
Delta Branch
312 Main Street Delta OH
The Fort Jennings State Bank
The Fort Jennings State Bank Branch
120 North Water St. Fort Jennings OH
GreenWay Bank
Van Wert Federal Savings Bank Branch
976 South Shannon Street Van Wert OH
The Citizens National Bank of Bluffton
The Citizens National Bank Of Blufft Branch
102 South Main Street Bluffton OH
The First Citizens National Bank of Upper Sandusky
Wharton Branch
101 West Sandusky Street Wharton OH
First National Bank of Pennsylvania
Chardon Branch
540 Water Street Chardon OH
The Andover Bank
The Andover Bank Branch
19 Public Square Andover OH
Farmers State Bank
Farmers State Bank Branch
11 South Main Street West Salem OH
WesBanco Bank, Inc.
Freeport Branch
102 East Main Street Freeport OH
First Federal Savings and Loan Association
First Federal Savings And Loan Assoc Branch
2 North Second St Newark OH
First Merchants Bank
Olentangy Branch
3650 Olentangy River Road, Suite 1 Columbus OH


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

FREQUENTLY ASKED QUESTIONS ABOUT LOCAL SAVINGS RATES


Why do savings rates vary so much?

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

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

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

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

What does annual percentage yield (APY) mean?

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

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

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

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

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

SAVINGS & CD CALCULATOR

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