Best Local Bank Savings and Money Market Rates in Manassas Park, Virginia, VA June 15, 2025

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If you have your savings dollars in a big bank or a bank with low savings rates, then you are losing money. We've found FDIC insured banks that will pay you more. Take a few minutes to explore the options below and see how you can boost your savings by more than 6X the national average rate. There is competition for your money. Take advantage of it!

Manassas Park, VA - June 15, 2025

Savings Account National Average Rate: 0.45% ^?

Banks	APY	MIN
Eaglebank Fairfax Branch	4.40% 2.20%	$0 $100	Learn More Add Review
Presidential Bank, Fsb Rosslyn Branch	4.37%	$25,000	Learn More Add Review
Citibank, National Association Reston 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)
Forbright Bank Herndon Branch	4.25%	$0	Learn More
Growth Savings 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)
Forbright Bank Herndon 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)
Citizens Bank, National Association Glen Allen Colleague Branch	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 Manassas/Digges Road 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 South Hill Main 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)
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)
Hsbc Bank Usa, National Association Hsbc Bank Usa, National Association Branch	3.60% 0.01%	$1 $0	Learn More
Rate History: 4.00% → 3.85% → 3.75% → 3.70% → 3.60%
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)
Sandy Spring Bank Fair Lakes Branch	3.35%	$10,000	Learn More
Rate History: 3.50% → 3.35%
boon \| Oct 11, 2017 special; 14 MO CD 1.20% Read More Reviews (1)
Woodforest National Bank 0957 Richmond Wal-Mart 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)
Chesapeake Bank Chesapeake Bank Branch	3.25% 0.10%	$250,000 $100	Learn More
Rate History: 3.00% → 3.25%
Gripp13 \| Jan 27, 2023 The worst bank I have ever had Read More Reviews (1)
Atlantic Union Bank Arbor Drive 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 Glen Allen Colleague Branch	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)
Eaglebank Fairfax Branch	2.85% 2.65% 2.55%	$500,000 $250,000 $0	Learn More Add Review
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)
Fulton Bank, National Association Bonney Road Branch	2.40% 2.09% 1.39% 0.99% 0.84% 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%
Farmers & Merchants Bank Farmers & Merchants Bank Branch	1.51%	$10,000	Learn More Add Review
The Farmers Bank Of Appomattox The Farmers Bank Of Appomattox Branch	1.25% 0.50% 0.15%	$50,000 $25,000 $10,000	Learn More Add Review
Rate History: 0.25% → 1.25%
Wells Fargo Bank, National Association Christiansburg Main 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)
First Horizon Bank State Street Branch	1.00% 0.70%	$100,000 $50,000	Learn More
Rate History: 2.02% → 1.76% → 1.26% → 1.16% → 1.00%
D R Lineberger \| Dec 30, 2018 Garden14 Read More Reviews (1)
Benchmark Community Bank Benchmark Community Bank Branch	1.00% 0.40% 0.25%	$100,000 $25,000 $0	Learn More Add Review
Chesapeake Bank Chesapeake Bank Branch	1.00% 0.85% 0.75%	$1,000,000 $100,000 $25,000	Learn More
Gripp13 \| Jan 27, 2023 The worst bank I have ever had Read More Reviews (1)
Mainstreet Bank Mainstreet Bank Branch	0.75%	$1	Learn More Add Review
Atlantic Union Bank Arbor Drive 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)
Farmers & Merchants Bank Farmers & Merchants Bank Branch	0.50%	$2,500	Learn More Add Review
New Horizon Bank, National Association New Horizon Bank, National Association Branch	0.50%	$10,000	Learn More Add Review
Woodforest National Bank 0957 Richmond Wal-Mart 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)
Presidential Bank, Fsb Rosslyn Branch	0.35% 0.30%	$35,000 $10,000	Learn More Add Review
The Blue Grass Valley Bank The Blue Grass Valley Bank Branch	0.35%	$10,000	Learn More Add Review
Old Dominion National Bank Old Dominion National Bank Branch	0.35%	$2,500	Learn More Add Review
Fvcbank First Virginia Community Bank Branch	0.30%	$2,500	Learn More Add Review
Vcc Bank Vcc Bank Branch	0.30%	$2,500	Learn More Add Review
Sandy Spring Bank Fair Lakes Branch	0.25%	$1	Learn More
boon \| Oct 11, 2017 special; 14 MO CD 1.20% Read More Reviews (1)
Legacy Bank Grundy National Bank Branch	0.25%	$1	Learn More Add Review
First Horizon Bank State Street Branch	0.25%	$2,500	Learn More
Rate History: 0.30% → 0.25%
D R Lineberger \| Dec 30, 2018 Garden14 Read More Reviews (1)
Oak View National Bank Oak View National Bank Branch	0.25%	$2,500	Learn More Add Review
Mvb Bank, Inc Reston Branch	0.25%	$10,000	Learn More Add Review
Fvcbank First Virginia Community Bank Branch	0.25%	$25,000	Learn More Add Review
Farmers & Merchants Bank Farmers & Merchants Bank Branch	0.25%	$2,500	Learn More Add Review
The Blue Grass Valley Bank The Blue Grass Valley Bank Branch	0.25%	$2,500	Learn More Add Review
Highlands Community Bank Highlands Community Bank Branch	0.25%	$25,000	Learn More Add Review
Village Bank Village Bank Branch	0.25%	$10,000	Learn More Add Review
New Horizon Bank, National Association New Horizon Bank, National Association Branch	0.25%	$2,500	Learn More Add Review
Vcc Bank Vcc Bank Branch	0.25%	$2,500	Learn More Add Review
Martinsville First Savings Bank Martinsville First Savings Bank Branch	0.25%	$2,500	Learn More Add Review
Legacy Bank Grundy National Bank Branch	0.22%	$2,500	Learn More Add Review
Citizens Bank And Trust Company Citizens Bank And Trust Company Branch	0.20%	$1	Learn More Add Review
Mainstreet Bank Mainstreet Bank Branch	0.20%	$25,000	Learn More Add Review
First National Bank In Frankfort	0.20%	$0	Learn More Add Review
Capon Valley Bank Western Frederick Branch	0.20%	$25,000	Learn More Add Review
John Marshall Bank John Marshall Bank Branch	0.20%	$25,000	Learn More Add Review
Bank Of Charles Town Middleburg Branch	0.20%	$2,500	Learn More Add Review
Fvcbank First Virginia Community Bank Branch	0.20%	$2,500	Learn More Add Review
Carter Bank & Trust New Castle Branch	0.20%	$25,000	Learn More
Tom Brandy \| Aug 5, 2020 How Willian Investments Company Brought Happiness To My Home. Hello Everyone out there! My name is Tom Brandy, from USA, I am using this medium to announce to the general public on how Willian Investmen... Read More Reviews (1)
Citizens And Farmers Bank Citizens And Farmers Bank Branch	0.20%	$25,000	Learn More Add Review
The Old Point National Bank Of Phoebus The Old Point National Bank Of Phoeb Branch	0.20%	$25,000	Learn More Add Review
Highlands Community Bank Highlands Community Bank Branch	0.20%	$2,500	Learn More Add Review
First National Bank First National Bank Branch	0.20%	$25,000	Learn More Add Review
Farmers And Miners Bank Farmers And Miners Bank Branch	0.20%	$2,500	Learn More Add Review
New Peoples Bank, Inc. New Peoples Bank, Inc. Branch	0.20%	$10,000	Learn More Add Review
Movement Bank Movement Bank Branch	0.20%	$25,000	Learn More Add Review
Skyline National Bank Skyline National Bank Branch	0.15%	$2,500	Learn More Add Review
Citizens Bank And Trust Company Citizens Bank And Trust Company Branch	0.15%	$2,500	Learn More Add Review
First Sentinel Bank First Sentinel Bank Branch	0.15%	$2,500	Learn More Add Review
Miners Exchange Bank Miners Exchange Bank Branch	0.15%	$2,500	Learn More Add Review
The First Bank And Trust Company The First Bank And Trust Company Branch	0.15%	$25,000	Learn More Add Review
Armed Forces Bank, National Association Fort Myer Branch	0.15%	$25,000	Learn More
BENNIE BROOKS \| Mar 25, 2015 OLIVER NORTH AIR LINES GOVERNOR BLANCO Read More Reviews (2)
The Freedom Bank Of Virginia The Freedom Bank Of Virginia Branch	0.15%	$25,000	Learn More Add Review
Bank Of Botetourt Bank Of Botetourt Branch	0.15%	$2,500	Learn More
GLENN HILL \| Mar 31, 2018 I have banked with Bank of Botetourt since 1960 when it was Bank of Troutville that later merged with Bank of Buchanan before becoming the Bank of Botetourt. An excellent bank with knowledgeable, helpful ... Read More Reviews (1)
Citizens And Farmers Bank Citizens And Farmers Bank Branch	0.15%	$10,000	Learn More Add Review
The Old Point National Bank Of Phoebus The Old Point National Bank Of Phoeb Branch	0.15%	$10,000	Learn More Add Review
The Blue Grass Valley Bank The Blue Grass Valley Bank Branch	0.15%	$2,500	Learn More Add Review
Highlands Community Bank Highlands Community Bank Branch	0.15%	$2,500	Learn More Add Review
Village Bank Village Bank Branch	0.15%	$2,500	Learn More Add Review
The Bank Of Southside Virginia Smithfield Branch	0.15%	$25,000	Learn More Add Review
The Bank Of Charlotte County The Bank Of Charlotte County Branch	0.15%	$2,500	Learn More Add Review
First National Bank First National Bank Branch	0.15%	$10,000	Learn More Add Review
Lee Bank And Trust Company Lee Bank And Trust Company Branch	0.15%	$2,500	Learn More Add Review
New Peoples Bank, Inc. New Peoples Bank, Inc. Branch	0.15%	$2,500	Learn More Add Review
Movement Bank Movement Bank Branch	0.15%	$10,000	Learn More Add Review
Amg National Trust Bank Virginia Beach Branch	0.15%	$10,000	Learn More Add Review
Oak View National Bank Oak View National Bank Branch	0.12%	$25,000	Learn More Add Review
First-citizens Bank & Trust Company Front Royal Branch	0.10% 0.07%	$100,000 $25,000	Learn More
MrBond \| Feb 25, 2023 I have been working for this company more than 5 years. I would not recommend any investment with First Citizens Bank. They are the worst performer on the market based on the customer and employee reviews... Read More Reviews (3)
First Bank First Bank Branch	0.10%	$10,000	Learn More Add Review
Trupoint Bank Trupoint Bank Branch	0.10%	$1	Learn More Add Review
Mainstreet Bank Mainstreet Bank Branch	0.10%	$1	Learn More Add Review
First Sentinel Bank First Sentinel Bank Branch	0.10%	$2,500	Learn More Add Review
The Farmers Bank Of Appomattox The Farmers Bank Of Appomattox Branch	0.10%	$10	Learn More Add Review
Shore United Bank Onley, Va Branch	0.10%	$1	Learn More Add Review
Miners Exchange Bank Miners Exchange Bank Branch	0.10%	$1	Learn More Add Review
Atlantic Union Bank Arbor Drive 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)
Benchmark Community Bank Benchmark Community Bank Branch	0.10%	$100	Learn More Add Review
Capon Valley Bank Western Frederick Branch	0.10%	$2,500	Learn More Add Review
John Marshall Bank John Marshall Bank Branch	0.10%	$2,500	Learn More Add Review
The First Bank And Trust Company The First Bank And Trust Company Branch	0.10%	$2,500	Learn More Add Review
Armed Forces Bank, National Association Fort Myer Branch	0.10%	$2,500	Learn More
BENNIE BROOKS \| Mar 25, 2015 OLIVER NORTH AIR LINES GOVERNOR BLANCO Read More Reviews (2)
Burke & Herbert Bank & Trust Company Burke & Herbert Bank & Trust Company Branch	0.10%	$25,000	Learn More Add Review
The Freedom Bank Of Virginia The Freedom Bank Of Virginia Branch	0.10%	$2,500	Learn More Add Review
Bank Of Botetourt Bank Of Botetourt Branch	0.10%	$2,500	Learn More
GLENN HILL \| Mar 31, 2018 I have banked with Bank of Botetourt since 1960 when it was Bank of Troutville that later merged with Bank of Buchanan before becoming the Bank of Botetourt. An excellent bank with knowledgeable, helpful ... Read More Reviews (1)
Hanmi Bank Springfield Branch	0.10%	$2,500	Learn More Add Review
Carter Bank & Trust New Castle Branch	0.10%	$2,500	Learn More
Tom Brandy \| Aug 5, 2020 How Willian Investments Company Brought Happiness To My Home. Hello Everyone out there! My name is Tom Brandy, from USA, I am using this medium to announce to the general public on how Willian Investmen... Read More Reviews (1)
Pendleton Community Bank, Inc. Harrisonburg Branch	0.10%	$25,000	Learn More Add Review
The Old Point National Bank Of Phoebus The Old Point National Bank Of Phoeb Branch	0.10%	$2,500	Learn More Add Review
Village Bank Village Bank Branch	0.10%	$2,500	Learn More Add Review
The Bank Of Southside Virginia Smithfield Branch	0.10%	$2,500	Learn More Add Review
New Horizon Bank, National Association New Horizon Bank, National Association Branch	0.10%	$2,500	Learn More Add Review
First National Bank First National Bank Branch	0.10%	$2,500	Learn More Add Review
Cornerstone Bank, National Association Cornerstone Bank, National Association Branch	0.10%	$2,500	Learn More Add Review
Lee Bank And Trust Company Lee Bank And Trust Company Branch	0.10%	$2,500	Learn More Add Review
Powell Valley National Bank Powell Valley National Bank Branch	0.10%	$2,500	Learn More Add Review
The National Bank Of Blacksburg Tazewell Main Street Branch	0.10%	$25,000	Learn More Add Review
Pinnacle Bank Valley Bank Branch	0.10%	$25,000	Learn More
jchitt@comcast.nrt \| Mar 5, 2019 Pinnacle has not had a 3% CD since Oct of 2018. Read More Reviews (3)
Movement Bank Movement Bank Branch	0.10%	$2,500	Learn More Add Review
First Community Bank Hillsville Branch	0.07%	$25,000	Learn More Add Review
Southern Bank And Trust Company Norfolk Branch	0.07%	$25,000	Learn More Add Review
The National Bank Of Blacksburg Tazewell Main Street Branch	0.06%	$10,000	Learn More Add Review
First Community Bank Hillsville Branch	0.06%	$2,500	Learn More Add Review
First Bank First Bank Branch	0.05%	$2,500	Learn More Add Review
Bank Of The James Bank Of The James Branch	0.05%	$2,500	Learn More Add Review
Oak View National Bank Oak View National Bank Branch	0.05%	$2,500	Learn More Add Review
Bank Of Charles Town Middleburg Branch	0.05%	$2,500	Learn More Add Review
The First Bank And Trust Company The First Bank And Trust Company Branch	0.05%	$2,500	Learn More Add Review
Armed Forces Bank, National Association Fort Myer Branch	0.05%	$2,500	Learn More
BENNIE BROOKS \| Mar 25, 2015 OLIVER NORTH AIR LINES GOVERNOR BLANCO Read More Reviews (2)
Burke & Herbert Bank & Trust Company Burke & Herbert Bank & Trust Company Branch	0.05%	$2,500	Learn More Add Review
The Freedom Bank Of Virginia The Freedom Bank Of Virginia Branch	0.05%	$2,500	Learn More Add Review
Hanmi Bank Springfield Branch	0.05%	$2,500	Learn More Add Review
Blue Ridge Bank, National Association Luray Branch	0.05%	$25,000	Learn More
Jack \| Jul 20, 2020 This bank is very bad. I am posting my story here now, hoping to make a reference for those friends who want to become their customers. I was very excited when I saw Blue Ridge Bank, N.A. on Google beca... Read More Reviews (1)
Pendleton Community Bank, Inc. Harrisonburg Branch	0.05%	$2,500	Learn More Add Review
Citizens And Farmers Bank Citizens And Farmers Bank Branch	0.05%	$2,500	Learn More Add Review
The Old Point National Bank Of Phoebus The Old Point National Bank Of Phoeb Branch	0.05%	$2,500	Learn More Add Review
Old Dominion National Bank Old Dominion National Bank Branch	0.05%	$2,500	Learn More Add Review
First Community Bank Hillsville Branch	0.05%	$10,000	Learn More Add Review
Cornerstone Bank, National Association Cornerstone Bank, National Association Branch	0.05%	$10,000	Learn More Add Review
Farmers And Miners Bank Farmers And Miners Bank Branch	0.05%	$2,500	Learn More Add Review
The Bank Of Marion The Bank Of Marion Branch	0.05%	$10,000	Learn More Add Review
Pinnacle Bank Valley Bank Branch	0.05%	$2,500	Learn More
jchitt@comcast.nrt \| Mar 5, 2019 Pinnacle has not had a 3% CD since Oct of 2018. Read More Reviews (3)
Martinsville First Savings Bank Martinsville First Savings Bank Branch	0.05%	$2,500	Learn More Add Review
The Fidelity Bank Collinsville Branch	0.05%	$25,000	Learn More Add Review
Southern Bank And Trust Company Norfolk Branch	0.05%	$25,000	Learn More Add Review
Amg National Trust Bank Virginia Beach Branch	0.05%	$2,500	Learn More Add Review
Chain Bridge Bank, National Association Chain Bridge Bank, National Association Branch	0.04%	$2,500	Learn More Add Review
Bank Of America, National Association Smithfield 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)
Shore United Bank Onley, Va Branch	0.03%	$1	Learn More Add Review
The National Bank Of Blacksburg Tazewell Main Street Branch	0.03%	$1	Learn More Add Review
Chain Bridge Bank, National Association Chain Bridge Bank, National Association Branch	0.03%	$2,500	Learn More Add Review
Pioneer Bank Pioneer Bank Branch	0.03%	$25,000	Learn More
Charla M \| Jan 12, 2021 We are a commercial customer that have been with Pioneer Bank since 2014 when they were privately held in Dripping Springs. Since they were sold we have been through 3 bank managers and the Manager servic... Read More Reviews (1)
Blue Ridge Bank, National Association Luray Branch	0.03%	$2,500	Learn More
Jack \| Jul 20, 2020 This bank is very bad. I am posting my story here now, hoping to make a reference for those friends who want to become their customers. I was very excited when I saw Blue Ridge Bank, N.A. on Google beca... Read More Reviews (1)
Towne Bank Innsbrook Branch	0.03%	$25,000	Learn More Add Review
First Community Bank Hillsville Branch	0.03%	$2,500	Learn More Add Review
The Bank Of Marion The Bank Of Marion Branch	0.03%	$2,500	Learn More Add Review
Pinnacle Bank Valley Bank Branch	0.03%	$2,500	Learn More
jchitt@comcast.nrt \| Mar 5, 2019 Pinnacle has not had a 3% CD since Oct of 2018. Read More Reviews (3)
Pnc Bank, National Association Fall Hill 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)
The National Bank Of Blacksburg Tazewell Main Street Branch	0.02%	$1	Learn More Add Review
Fulton Bank, National Association Bonney Road Branch	0.02%	$0	Learn More Add Review
Pioneer Bank Pioneer Bank Branch	0.02%	$2,500	Learn More
Charla M \| Jan 12, 2021 We are a commercial customer that have been with Pioneer Bank since 2014 when they were privately held in Dripping Springs. Since they were sold we have been through 3 bank managers and the Manager servic... Read More Reviews (1)
Towne Bank Innsbrook Branch	0.02%	$2,500	Learn More Add Review
Cornerstone Bank, National Association Cornerstone Bank, National Association Branch	0.02%	$2,500	Learn More Add Review
The Fidelity Bank Collinsville Branch	0.02%	$2,500	Learn More Add Review
Southern Bank And Trust Company Norfolk Branch	0.02%	$2,500	Learn More Add Review
Pnc Bank, National Association Fall Hill 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)
Manufacturers And Traders Trust Company Merrifield Branch	0.01%	$1	Learn More
Claire blankinship \| Aug 5, 2020 I used to go to M&T when it was still Provident Bank. M&T has been very responsive to my needs and I have been pleased with the banking experience. Read More Reviews (3)
First Bank First Bank Branch	0.01%	$200	Learn More Add Review
Mvb Bank, Inc Reston Branch	0.01%	$2,500	Learn More Add Review
Pioneer Bank Pioneer Bank Branch	0.01%	$2,500	Learn More
Charla M \| Jan 12, 2021 We are a commercial customer that have been with Pioneer Bank since 2014 when they were privately held in Dripping Springs. Since they were sold we have been through 3 bank managers and the Manager servic... Read More Reviews (1)
Blue Ridge Bank, National Association Luray Branch	0.01%	$2,500	Learn More
Jack \| Jul 20, 2020 This bank is very bad. I am posting my story here now, hoping to make a reference for those friends who want to become their customers. I was very excited when I saw Blue Ridge Bank, N.A. on Google beca... Read More Reviews (1)
Towne Bank Innsbrook Branch	0.01%	$2,500	Learn More Add Review
The Bank Of Marion The Bank Of Marion Branch	0.01%	$2,500	Learn More Add Review
Southern Bank And Trust Company Norfolk Branch	0.01%	$2,500	Learn More Add Review

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

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Branches Info around Manassas Park, VA - June 15, 2025

Branch	Street	City	State
EagleBank Fairfax Branch	11166 Fairfax Blvd, Suite 100	Fairfax	VA
Presidential Bank, FSB Rosslyn Branch	1700 North Moore Street	Arlington	VA
Citibank, National Association Reston Branch	11800 Spectrum Center	Reston	VA
Forbright Bank Herndon Branch	150 Elden Street Suite 170	Herndon	VA
Forbright Bank Herndon Branch	150 Elden Street Suite 170	Herndon	VA
Citizens Glen Allen Colleague Branch	10561 Telegraph Road	Glen Allen	VA
TD Bank, National Association Manassas/Digges Road Branch	8401 Digges Road	Manassas	VA
Truist Bank South Hill Main Branch	212 East Atlantic Street	South Hill	VA
Capital One, National Association Capital One, National Association Branch	1680 Capital One Drive	Mclean	VA
HSBC Bank USA, National Association Hsbc Bank Usa, National Association Branch	1800 Tysons Blvd	Mclean	VA
Sandy Spring Bank Fair Lakes Branch	12735 Shoppes Lane	Fairfax	VA
Woodforest National Bank 0957 Richmond Wal-Mart Branch	2501 Sheila Lane	Richmond	VA
Chesapeake Bank Chesapeake Bank Branch	97 North Main Street	Kilmarnock	VA
Atlantic Union Bank Arbor Drive Branch	105 Arbor Drive	Christiansburg	VA
Citizens Glen Allen Colleague Branch	10561 Telegraph Road	Glen Allen	VA
EagleBank Fairfax Branch	11166 Fairfax Blvd, Suite 100	Fairfax	VA
Citizens Glen Allen Colleague Branch	10561 Telegraph Road	Glen Allen	VA
Atlantic Union Bank Arbor Drive Branch	105 Arbor Drive	Christiansburg	VA
EagleBank Fairfax Branch	11166 Fairfax Blvd, Suite 100	Fairfax	VA
EagleBank Fairfax Branch	11166 Fairfax Blvd, Suite 100	Fairfax	VA
Capital One, National Association Capital One, National Association Branch	1680 Capital One Drive	Mclean	VA
Fulton Bank, National Association Bonney Road Branch	4429 Bonney Road	Virginia Beach	VA
Woodforest National Bank 0957 Richmond Wal-Mart Branch	2501 Sheila Lane	Richmond	VA
TD Bank, National Association Manassas/Digges Road Branch	8401 Digges Road	Manassas	VA
EagleBank Fairfax Branch	11166 Fairfax Blvd, Suite 100	Fairfax	VA
Fulton Bank, National Association Bonney Road Branch	4429 Bonney Road	Virginia Beach	VA
Woodforest National Bank 0957 Richmond Wal-Mart Branch	2501 Sheila Lane	Richmond	VA
Farmers & Merchants Bank Farmers & Merchants Bank Branch	205 S. Main St.	Timberville	VA
Fulton Bank, National Association Bonney Road Branch	4429 Bonney Road	Virginia Beach	VA
The Farmers Bank of Appomattox The Farmers Bank Of Appomattox Branch	223 Main Street	Appomattox	VA
Woodforest National Bank 0957 Richmond Wal-Mart Branch	2501 Sheila Lane	Richmond	VA
Wells Fargo Bank, National Association Christiansburg Main Branch	4 East Main Street	Christiansburg	VA
First Horizon Bank State Street Branch	901 West State Street	Bristol	VA
Benchmark Community Bank Benchmark Community Bank Branch	100 South Broad Street	Kenbridge	VA
Chesapeake Bank Chesapeake Bank Branch	97 North Main Street	Kilmarnock	VA
Fulton Bank, National Association Bonney Road Branch	4429 Bonney Road	Virginia Beach	VA
Chesapeake Bank Chesapeake Bank Branch	97 North Main Street	Kilmarnock	VA
Fulton Bank, National Association Bonney Road Branch	4429 Bonney Road	Virginia Beach	VA
MainStreet Bank Mainstreet Bank Branch	10089 Fairfax Blvd	Fairfax	VA
Chesapeake Bank Chesapeake Bank Branch	97 North Main Street	Kilmarnock	VA
First Horizon Bank State Street Branch	901 West State Street	Bristol	VA
Atlantic Union Bank Arbor Drive Branch	105 Arbor Drive	Christiansburg	VA
Fulton Bank, National Association Bonney Road Branch	4429 Bonney Road	Virginia Beach	VA
The Farmers Bank of Appomattox The Farmers Bank Of Appomattox Branch	223 Main Street	Appomattox	VA
Farmers & Merchants Bank Farmers & Merchants Bank Branch	205 S. Main St.	Timberville	VA
New Horizon Bank, National Association New Horizon Bank, National Association Branch	2501 Anderson Highway	Powhatan	VA
Atlantic Union Bank Arbor Drive Branch	105 Arbor Drive	Christiansburg	VA
Benchmark Community Bank Benchmark Community Bank Branch	100 South Broad Street	Kenbridge	VA
Woodforest National Bank 0957 Richmond Wal-Mart Branch	2501 Sheila Lane	Richmond	VA
Woodforest National Bank 0957 Richmond Wal-Mart Branch	2501 Sheila Lane	Richmond	VA
Presidential Bank, FSB Rosslyn Branch	1700 North Moore Street	Arlington	VA
The Blue Grass Valley Bank The Blue Grass Valley Bank Branch	2583 Blue Grass Valley Road	Blue Grass	VA
Old Dominion National Bank Old Dominion National Bank Branch	4916 Plank Road, Suite 216	North Garden	VA
Presidential Bank, FSB Rosslyn Branch	1700 North Moore Street	Arlington	VA
FVCbank First Virginia Community Bank Branch	11325 Random Hills Road	Fairfax	VA
Locus Bank, Inc. Vcc Bank Branch	110 Peppers Ferry Road Nw	Christiansburg	VA
Woodforest National Bank 0957 Richmond Wal-Mart Branch	2501 Sheila Lane	Richmond	VA
Sandy Spring Bank Fair Lakes Branch	12735 Shoppes Lane	Fairfax	VA
Legacy Bank Grundy National Bank Branch	20957 Riverside Drive	Grundy	VA
First Horizon Bank State Street Branch	901 West State Street	Bristol	VA
Atlantic Union Bank Arbor Drive Branch	105 Arbor Drive	Christiansburg	VA
Benchmark Community Bank Benchmark Community Bank Branch	100 South Broad Street	Kenbridge	VA
Oak View National Bank Oak View National Bank Branch	128 Broadview Avenue	Warrenton	VA
MVB Bank, Inc Reston Branch	1801 Old Reston Avenue, Suite 103	Reston	VA
FVCbank First Virginia Community Bank Branch	11325 Random Hills Road	Fairfax	VA
Farmers & Merchants Bank Farmers & Merchants Bank Branch	205 S. Main St.	Timberville	VA
The Blue Grass Valley Bank The Blue Grass Valley Bank Branch	2583 Blue Grass Valley Road	Blue Grass	VA
Highlands Community Bank Highlands Community Bank Branch	307 Thacker Avenue	Covington	VA
Village Bank Village Bank Branch	13531 Midlothian Turnpike	Midlothian	VA
New Horizon Bank, National Association New Horizon Bank, National Association Branch	2501 Anderson Highway	Powhatan	VA
Locus Bank, Inc. Vcc Bank Branch	110 Peppers Ferry Road Nw	Christiansburg	VA
Martinsville First Savings Bank Martinsville First Savings Bank Branch	25 W Church Street	Martinsville	VA
Legacy Bank Grundy National Bank Branch	20957 Riverside Drive	Grundy	VA
Citizens Bank and Trust Company Citizens Bank And Trust Company Branch	126 South Main Street	Blackstone	VA
MainStreet Bank Mainstreet Bank Branch	10089 Fairfax Blvd	Fairfax	VA
Capon Valley Bank Western Frederick Branch	6701 Northwestern Pike	Gore	VA
John Marshall Bank John Marshall Bank Branch	1943 Isaac Newton Square East, Suite 100	Reston	VA
Bank of Charles Town Middleburg Branch	115 The Plains Road, Suite 150	Middleburg	VA
FVCbank First Virginia Community Bank Branch	11325 Random Hills Road	Fairfax	VA
Citibank, National Association Reston Branch	11800 Spectrum Center	Reston	VA
Carter Bank & Trust New Castle Branch	181 Main Street	New Castle	VA
Citizens and Farmers Bank Citizens And Farmers Bank Branch	Eighth And Main Streets	West Point	VA
The Old Point National Bank of Phoebus The Old Point National Bank Of Phoeb Branch	1 West Mellen Street	Hampton	VA
Highlands Community Bank Highlands Community Bank Branch	307 Thacker Avenue	Covington	VA
First National Bank First National Bank Branch	622 Broad Street	Altavista	VA
Farmers and Miners Bank Farmers And Miners Bank Branch	41526 West Morgan Avenue	Pennington Gap	VA
New Peoples Bank, Inc. New Peoples Bank, Inc. Branch	53 Commerce Drive	Honaker	VA
Movement Bank Movement Bank Branch	201 N. Union Street	Danville	VA
The Farmers Bank of Appomattox The Farmers Bank Of Appomattox Branch	223 Main Street	Appomattox	VA
SKYLINE NATIONAL BANK Skyline National Bank Branch	113 West Main Street	Independence	VA
Citizens Bank and Trust Company Citizens Bank And Trust Company Branch	126 South Main Street	Blackstone	VA
First Sentinel Bank First Sentinel Bank Branch	315 Railroad Avenue	Richlands	VA
Miners Exchange Bank Miners Exchange Bank Branch	483 Front Street	Coeburn	VA
Atlantic Union Bank Arbor Drive Branch	105 Arbor Drive	Christiansburg	VA
The First Bank and Trust Company The First Bank And Trust Company Branch	359 West Main Street	Lebanon	VA
Armed Forces Bank, National Association Fort Myer Branch	108 Mcnair Road, Building 451	Fort Myer	VA
The Freedom Bank of Virginia The Freedom Bank Of Virginia Branch	10555 Main Street	Fairfax	VA
Bank of Botetourt Bank Of Botetourt Branch	19747 Main Street	Buchanan	VA
Citizens and Farmers Bank Citizens And Farmers Bank Branch	Eighth And Main Streets	West Point	VA
The Old Point National Bank of Phoebus The Old Point National Bank Of Phoeb Branch	1 West Mellen Street	Hampton	VA
The Blue Grass Valley Bank The Blue Grass Valley Bank Branch	2583 Blue Grass Valley Road	Blue Grass	VA
Highlands Community Bank Highlands Community Bank Branch	307 Thacker Avenue	Covington	VA
Village Bank Village Bank Branch	13531 Midlothian Turnpike	Midlothian	VA
The Bank of Southside Virginia Smithfield Branch	115 Main Street	Smithfield	VA
The Bank of Charlotte County The Bank Of Charlotte County Branch	101 Berkley Street	Phenix	VA
First National Bank First National Bank Branch	622 Broad Street	Altavista	VA
Lee Bank and Trust Company Lee Bank And Trust Company Branch	41371 West Morgan Avenue	Pennington Gap	VA
New Peoples Bank, Inc. New Peoples Bank, Inc. Branch	53 Commerce Drive	Honaker	VA
Movement Bank Movement Bank Branch	201 N. Union Street	Danville	VA
AMG National Trust Bank Virginia Beach Branch	708 Lynnhaven Parkway, Suite 140	Virginia Beach	VA
Oak View National Bank Oak View National Bank Branch	128 Broadview Avenue	Warrenton	VA
First-Citizens Bank & Trust Company Front Royal Branch	305-7 East Main Street	Front Royal	VA
First Bank First Bank Branch	112 West King Street	Strasburg	VA
TruPoint Bank Trupoint Bank Branch	20089 Riverside Drive	Grundy	VA
MainStreet Bank Mainstreet Bank Branch	10089 Fairfax Blvd	Fairfax	VA
First Sentinel Bank First Sentinel Bank Branch	315 Railroad Avenue	Richlands	VA
The Farmers Bank of Appomattox The Farmers Bank Of Appomattox Branch	223 Main Street	Appomattox	VA
Shore United Bank, National Association Onley, Va Branch	25306 Lankford Hwy	Onley	VA
Miners Exchange Bank Miners Exchange Bank Branch	483 Front Street	Coeburn	VA
Atlantic Union Bank Arbor Drive Branch	105 Arbor Drive	Christiansburg	VA
Benchmark Community Bank Benchmark Community Bank Branch	100 South Broad Street	Kenbridge	VA
Capon Valley Bank Western Frederick Branch	6701 Northwestern Pike	Gore	VA
John Marshall Bank John Marshall Bank Branch	1943 Isaac Newton Square East, Suite 100	Reston	VA
The First Bank and Trust Company The First Bank And Trust Company Branch	359 West Main Street	Lebanon	VA
Armed Forces Bank, National Association Fort Myer Branch	108 Mcnair Road, Building 451	Fort Myer	VA
Burke & Herbert Bank & Trust Company Burke & Herbert Bank & Trust Company Branch	100 South Fairfax Street	Alexandria	VA
The Freedom Bank of Virginia The Freedom Bank Of Virginia Branch	10555 Main Street	Fairfax	VA
Bank of Botetourt Bank Of Botetourt Branch	19747 Main Street	Buchanan	VA
Hanmi Bank Springfield Branch	6400 Brandon Avenue	Springfield	VA
Carter Bank & Trust New Castle Branch	181 Main Street	New Castle	VA
Pendleton Community Bank, Inc. Harrisonburg Branch	41 Monte Vista Dr	Harrisonburg	VA
Chesapeake Bank Chesapeake Bank Branch	97 North Main Street	Kilmarnock	VA
The Old Point National Bank of Phoebus The Old Point National Bank Of Phoeb Branch	1 West Mellen Street	Hampton	VA
Village Bank Village Bank Branch	13531 Midlothian Turnpike	Midlothian	VA
The Bank of Southside Virginia Smithfield Branch	115 Main Street	Smithfield	VA
New Horizon Bank, National Association New Horizon Bank, National Association Branch	2501 Anderson Highway	Powhatan	VA
First National Bank First National Bank Branch	622 Broad Street	Altavista	VA
CornerStone Bank Cornerstone Bank, National Association Branch	54 South Main Street	Lexington	VA
Lee Bank and Trust Company Lee Bank And Trust Company Branch	41371 West Morgan Avenue	Pennington Gap	VA
Powell Valley National Bank Powell Valley National Bank Branch	33785 Main Street	Jonesville	VA
The National Bank of Blacksburg Tazewell Main Street Branch	144 Main Street	Tazewell	VA
Pinnacle Bank Valley Bank Branch	36 Church Avenue Southwest	Roanoke	VA
Movement Bank Movement Bank Branch	201 N. Union Street	Danville	VA
First-Citizens Bank & Trust Company Front Royal Branch	305-7 East Main Street	Front Royal	VA
First Community Bank Hillsville Branch	148 North Main Street	Hillsville	VA
Southern Bank and Trust Company Norfolk Branch	403 Boush Street	Norfolk	VA
The National Bank of Blacksburg Tazewell Main Street Branch	144 Main Street	Tazewell	VA
First Community Bank Hillsville Branch	148 North Main Street	Hillsville	VA
First Bank First Bank Branch	112 West King Street	Strasburg	VA
Bank of the James Bank Of The James Branch	615 Church Street	Lynchburg	VA
Oak View National Bank Oak View National Bank Branch	128 Broadview Avenue	Warrenton	VA
Bank of Charles Town Middleburg Branch	115 The Plains Road, Suite 150	Middleburg	VA
The First Bank and Trust Company The First Bank And Trust Company Branch	359 West Main Street	Lebanon	VA
Armed Forces Bank, National Association Fort Myer Branch	108 Mcnair Road, Building 451	Fort Myer	VA
Burke & Herbert Bank & Trust Company Burke & Herbert Bank & Trust Company Branch	100 South Fairfax Street	Alexandria	VA
The Freedom Bank of Virginia The Freedom Bank Of Virginia Branch	10555 Main Street	Fairfax	VA
Hanmi Bank Springfield Branch	6400 Brandon Avenue	Springfield	VA
Blue Ridge Bank, National Association Luray Branch	17 West Main Street	Luray	VA
Pendleton Community Bank, Inc. Harrisonburg Branch	41 Monte Vista Dr	Harrisonburg	VA
Citizens and Farmers Bank Citizens And Farmers Bank Branch	Eighth And Main Streets	West Point	VA
The Old Point National Bank of Phoebus The Old Point National Bank Of Phoeb Branch	1 West Mellen Street	Hampton	VA
Old Dominion National Bank Old Dominion National Bank Branch	4916 Plank Road, Suite 216	North Garden	VA
First Community Bank Hillsville Branch	148 North Main Street	Hillsville	VA
CornerStone Bank Cornerstone Bank, National Association Branch	54 South Main Street	Lexington	VA
Farmers and Miners Bank Farmers And Miners Bank Branch	41526 West Morgan Avenue	Pennington Gap	VA
The Bank of Marion The Bank Of Marion Branch	102 West Main Street	Marion	VA
Pinnacle Bank Valley Bank Branch	36 Church Avenue Southwest	Roanoke	VA
Martinsville First Savings Bank Martinsville First Savings Bank Branch	25 W Church Street	Martinsville	VA
The Fidelity Bank Collinsville Branch	3300 Virginia Avenue	Collinsville	VA
Southern Bank and Trust Company Norfolk Branch	403 Boush Street	Norfolk	VA
AMG National Trust Bank Virginia Beach Branch	708 Lynnhaven Parkway, Suite 140	Virginia Beach	VA
Chain Bridge Bank, National Association Chain Bridge Bank, National Association Branch	1445-A Laughlin Avenue	Mclean	VA
Bank of America, National Association Smithfield Branch	303 West Main Street	Smithfield	VA
Shore United Bank, National Association Onley, Va Branch	25306 Lankford Hwy	Onley	VA
The National Bank of Blacksburg Tazewell Main Street Branch	144 Main Street	Tazewell	VA
Chain Bridge Bank, National Association Chain Bridge Bank, National Association Branch	1445-A Laughlin Avenue	Mclean	VA
Pioneer Bank Pioneer Bank Branch	252 East Main Street	Stanley	VA
Blue Ridge Bank, National Association Luray Branch	17 West Main Street	Luray	VA
TowneBank Innsbrook Branch	4501 Cox Road	Glen Allen	VA
First Community Bank Hillsville Branch	148 North Main Street	Hillsville	VA
The Bank of Marion The Bank Of Marion Branch	102 West Main Street	Marion	VA
Pinnacle Bank Valley Bank Branch	36 Church Avenue Southwest	Roanoke	VA
PNC Bank, National Association Fall Hill Branch	2403 Fall Hill Avenue	Fredericksburg	VA
The National Bank of Blacksburg Tazewell Main Street Branch	144 Main Street	Tazewell	VA
Fulton Bank, National Association Bonney Road Branch	4429 Bonney Road	Virginia Beach	VA
Pioneer Bank Pioneer Bank Branch	252 East Main Street	Stanley	VA
TowneBank Innsbrook Branch	4501 Cox Road	Glen Allen	VA
CornerStone Bank Cornerstone Bank, National Association Branch	54 South Main Street	Lexington	VA
The Fidelity Bank Collinsville Branch	3300 Virginia Avenue	Collinsville	VA
Southern Bank and Trust Company Norfolk Branch	403 Boush Street	Norfolk	VA
Wells Fargo Bank, National Association Christiansburg Main Branch	4 East Main Street	Christiansburg	VA
HSBC Bank USA, National Association Hsbc Bank Usa, National Association Branch	1800 Tysons Blvd	Mclean	VA
PNC Bank, National Association Fall Hill Branch	2403 Fall Hill Avenue	Fredericksburg	VA
Truist Bank South Hill Main Branch	212 East Atlantic Street	South Hill	VA
Manufacturers and Traders Trust Company Merrifield Branch	8414 Lee Highway	Fairfax	VA
First Bank First Bank Branch	112 West King Street	Strasburg	VA
MVB Bank, Inc Reston Branch	1801 Old Reston Avenue, Suite 103	Reston	VA
Pioneer Bank Pioneer Bank Branch	252 East Main Street	Stanley	VA
Blue Ridge Bank, National Association Luray Branch	17 West Main Street	Luray	VA
TowneBank Innsbrook Branch	4501 Cox Road	Glen Allen	VA
The Bank of Marion The Bank Of Marion Branch	102 West Main Street	Marion	VA
Southern Bank and Trust Company Norfolk Branch	403 Boush Street	Norfolk	VA

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.