Best Local Bank Savings and Money Market Rates in West Virginia, WV July 1, 2025

You are viewing savings rates from banks across West Virginia

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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!

WV - July 1, 2025

Savings Account National Average Rate: 0.45% ^?

Banks	APY	MIN
Citibank, National Association	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)
Banesco Usa	4.25%	$300	Learn More
Rate History: 4.50% → 4.40% → 4.25% → 4.00% → 4.25%
Dkplan \| Dec 27, 2022 They gave a hard time with their cashier's check. They returned my deposited check that was emitted by them. Could you believe? Read More Reviews (8)
North American Savings Bank	4.10%	$10,000	Learn More
Rate History: 4.90% → 4.75% → 4.55% → 4.20% → 4.10%
A Terkowitz \| Feb 15, 2024 I have always had great experiences with short-term CDs from this bank. No delays. Read More Reviews (3)
Banesco Usa	4.00%	$300	Learn More
Rate History: 1.35% → 5.25% → 4.75% → 4.50% → 4.00%
Dkplan \| Dec 27, 2022 They gave a hard time with their cashier's check. They returned my deposited check that was emitted by them. Could you believe? Read More Reviews (8)
The Huntington National Bank The Huntington National Bank Branch	3.92%	$25,000	Learn More
Rate History: 4.70% → 4.18% → 3.92%
Allan \| 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 Reviews (1)
Citizens Bank, National Association	3.70%	$0	Learn More
Rate History: 4.50% → 4.15% → 3.90% → 3.70%
Dana E. \| Mar 20, 2016 Good solid bank. Read More Reviews (2)
Td Bank, National Association	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 Gilbert 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	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)
U.s. Bank National Association	3.50% 0.05%	$25,000 $1	Learn More
Rate History: 4.10% → 3.50%
Ugg \| Jun 12, 2023 US Bank reported me to dult Protective Services because my husband is 85 and I am63. He got sick and went into a nursing hime for 3 months. My husband always handled the financial affairs. I had to take ov... Read More Reviews (6)
Gateway First Bank	3.40%	$1,000	Learn More
JohnC \| Oct 11, 2020 You probably thought - as did I - that you were looking at a site that belongs to and was the responsibility of Gateway First. After all it includes their headings, selected financial statements, many pag... Read More Reviews (3)
Woodforest National Bank 0688 Martinburg West Virginia Walmar 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)
Citizens Bank, National Association	3.00% 2.75%	$250,000 $25,000	Learn More
Rate History: 1.00% → 3.00%
Dana E. \| Mar 20, 2016 Good solid bank. Read More Reviews (2)
Bank Of Whittier, National Association	2.60%	$250	Learn More Add Review
Capital One, National Association	2.50%	$1	Learn More
highstream \| Jan 2, 2024 Like others, I've been with Capital One and its predecessor ING Direct since 2007. I've also been getting cheap bank rates on my savings account and didn't realize that there was something better, although... Read More Reviews (16)
M.y. Safra Bank, Fsb	2.00%	$5,000	Learn More
Richard \| Jul 1, 2022 Very easy opening process and wonderful staff. Read More Reviews (6)
Gateway First Bank	1.50%	$10	Learn More
JohnC \| Oct 11, 2020 You probably thought - as did I - that you were looking at a site that belongs to and was the responsibility of Gateway First. After all it includes their headings, selected financial statements, many pag... Read More Reviews (3)
Usaa Federal Savings Bank	1.10% 0.01%	$500,000 $1	Learn More
Rate History: 1.50% → 1.45% → 1.10%
RYAN S \| Nov 28, 2022 While USAA was at one point a great option for all your banking needs, the service has deteriorated so much that I'm currently in the process of changing banks after more than 2 decades. The final straw w... Read More Reviews (2)
Wells Fargo Bank, National Association	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)
The Ohio Valley Bank Company Point Pleasant Branch	0.49%	$10,000	Learn More Add Review
Woodforest National Bank 0688 Martinburg West Virginia Walmar 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)
Huntington Federal Savings Bank East Hills Mall Branch	0.40%	$1	Learn More
Jeffreylynnstrother \| Jan 25, 2017 Local bank Read More Reviews (2)
Huntington Federal Savings Bank East Hills Mall Branch	0.35%	$1,000	Learn More
Jeffreylynnstrother \| Jan 25, 2017 Local bank Read More Reviews (2)
Mountain Valley Bank, N.a. Mill Creek Branch	0.35%	$2,500	Learn More Add Review
Bcbank, Inc. Fairmont Branch	0.30%	$25,000	Learn More Add Review
Keybank National Association	0.25%	$5,000	Learn More
Seeko \| Mar 28, 2023 On line banking gives a confirmation number when paying bills. But it doesn’t confirm that the bill will be paid only that they have the information. Ridiculous. Read More Reviews (2)
U.s. Bank National Association	0.25%	$25,000	Learn More
Rate History: 4.25% → 4.16% → 4.25% → 3.75% → 0.25%
Ugg \| Jun 12, 2023 US Bank reported me to dult Protective Services because my husband is 85 and I am63. He got sick and went into a nursing hime for 3 months. My husband always handled the financial affairs. I had to take ov... Read More Reviews (6)
First Mutual Bank, Fsb 3850 Emerson Ave Branch	0.25%	$25,000	Learn More Add Review
Mvb Bank, Inc Somerset Branch	0.25%	$10,000	Learn More Add Review
Davis Trust Company Davis Trust Company Branch	0.25%	$2,500	Learn More Add Review
Pioneer Community Bank, Inc. War Branch	0.25%	$2,500	Learn More
WV guy \| Jun 18, 2020 Best local savings rate. Good friendly service. Read More Reviews (1)
First National Bank In Frankfort	0.20%	$0	Learn More Add Review
The Bank Of Romney Paw Paw Branch	0.20%	$25,000	Learn More Add Review
Citizens Bank Of Morgantown, Inc. Citizens Bank Of Morgantown, Inc. Branch	0.20%	$25,000	Learn More Add Review
Calhoun County Bank, Inc. Arnoldsburg Branch	0.20%	$25,000	Learn More Add Review
Capon Valley Bank Moorefield Branch	0.20%	$25,000	Learn More Add Review
Miners & Merchants Bank Front Street Branch	0.20%	$2,500	Learn More Add Review
Mountain Valley Bank, N.a. Mill Creek Branch	0.20%	$2,500	Learn More Add Review
Bank Of Charles Town Martinsburg Branch	0.20%	$2,500	Learn More Add Review
Davis Trust Company Davis Trust Company Branch	0.20%	$2,500	Learn More Add Review
Mvb Bank, Inc Somerset Branch	0.20%	$2,500	Learn More Add Review
The First National Bank Of Williamson The First National Bank Of Williamso Branch	0.20%	$25,000	Learn More Add Review
New Peoples Bank, Inc. Oakvale Office Branch	0.20%	$10,000	Learn More Add Review
West Union Bank Newpointe Plaza Shopping Center Bran Branch	0.16%	$10,000	Learn More Add Review
The Bank Of Romney Paw Paw Branch	0.16%	$2,500	Learn More Add Review
The Harrison County Bank West Milford Branch	0.15%	$10,000	Learn More Add Review
The Bank Of Romney Paw Paw Branch	0.15%	$2,500	Learn More Add Review
Community Bank	0.15%	$25,000	Learn More Add Review
Hancock County Savings Bank, F.s.b. 375 Three Springs Drive Branch	0.15%	$10,000	Learn More Add Review
First Mutual Bank, Fsb 3850 Emerson Ave Branch	0.15%	$10,000	Learn More Add Review
First Exchange Bank Hundred Branch	0.15%	$25,000	Learn More Add Review
West Union Bank Newpointe Plaza Shopping Center Bran Branch	0.15%	$2,500	Learn More Add Review
Calhoun County Bank, Inc. Arnoldsburg Branch	0.15%	$2,500	Learn More Add Review
Bcbank, Inc. Fairmont Branch	0.15%	$2,500	Learn More Add Review
Jefferson Security Bank Jefferson Security Bank Branch	0.15%	$25,000	Learn More Add Review
The Pleasants County Bank Belmont Branch	0.15%	$25,000	Learn More Add Review
First Neighborhood Bank South Parkersburg Office Branch	0.15%	$25,000	Learn More Add Review
The Citizens Bank Of Weston Jane Lew Branch	0.15%	$2,500	Learn More Add Review
The Bank Of Monroe Lewisburg Branch	0.15%	$25,000	Learn More Add Review
Logan Bank & Trust Company Harts Branch	0.15%	$10,000	Learn More Add Review
Bank Of Mingo Delbarton Branch	0.15%	$2,500	Learn More Add Review
The First National Bank Of Peterstown The First National Bank Of Peterstow Branch	0.15%	$2,500	Learn More Add Review
New Peoples Bank, Inc. Oakvale Office Branch	0.15%	$2,500	Learn More Add Review
The Harrison County Bank West Milford Branch	0.13%	$1,500	Learn More Add Review
The Grant County Bank The National Bank Of Davis/Branch	0.12%	$25,000	Learn More Add Review
Fnb Bank, Inc. Hampshire Square Branch	0.12%	$25,000	Learn More Add Review
First-citizens Bank & Trust Company Fairlea Express 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 Federal Savings & Loan Association Of Ravenswood First Federal Savings & Loan Associa Branch	0.10%	$100	Learn More Add Review
Putnam County Bank Interstate Branch	0.10%	$10	Learn More
Skamer187 \| Mar 19, 2021 This rate is not true call it is only 0.40 lady she would have it changed a week ago Read More Reviews (1)
Cnb Bank, Inc. Hedgesville Branch	0.10%	$25,000	Learn More Add Review
Clay County Bank, Inc. Clay Branch	0.10%	$100	Learn More Add Review
Wesbanco Bank, Inc. Bruceton Mills Branch	0.10%	$2,500	Learn More Add Review
Community Bank	0.10%	$10,000	Learn More Add Review
First Mutual Bank, Fsb 3850 Emerson Ave Branch	0.10%	$2,500	Learn More Add Review
Citizens Bank Of Morgantown, Inc. Citizens Bank Of Morgantown, Inc. Branch	0.10%	$2,500	Learn More Add Review
First Exchange Bank Hundred Branch	0.10%	$2,500	Learn More Add Review
Freedom Bank, Inc. Buckhannon Branch	0.10%	$2,500	Learn More Add Review
Calhoun County Bank, Inc. Arnoldsburg Branch	0.10%	$10,000	Learn More Add Review
Capon Valley Bank Moorefield Branch	0.10%	$2,500	Learn More Add Review
The Grant County Bank The National Bank Of Davis/Branch	0.10%	$2,500	Learn More Add Review
Pendleton Community Bank, Inc. Marlinton Branch	0.10%	$25,000	Learn More Add Review
Fnb Bank, Inc. Hampshire Square Branch	0.10%	$2,500	Learn More Add Review
Jefferson Security Bank Jefferson Security Bank Branch	0.10%	$2,500	Learn More Add Review
The Pleasants County Bank Belmont Branch	0.10%	$10,000	Learn More Add Review
Community Bank Of Parkersburg Community Bank Of Parkersburg Branch	0.10%	$10,000	Learn More Add Review
First Neighborhood Bank South Parkersburg Office Branch	0.10%	$10,000	Learn More Add Review
The Poca Valley Bank, Inc. Elkview Branch	0.10%	$2,500	Learn More Add Review
The Citizens Bank Of Weston Jane Lew Branch	0.10%	$2,500	Learn More Add Review
The Bank Of Monroe Lewisburg Branch	0.10%	$2,500	Learn More Add Review
The First National Bank Of Williamson The First National Bank Of Williamso Branch	0.10%	$2,500	Learn More Add Review
Mcnb Bank And Trust Co. Drive-In Facility Branch	0.10%	$2,500	Learn More
PISSED PARENT \| Jun 5, 2020 MCNB BANK IS NOT A CUSTOMER FRIENDLY BANK AND DOES NOT CARE ABOUT ITS CUSTOMERS. THIER ATM'S ARE PIECES OF JUNK THAT MAY OR MAY NOT GIVE YOU YOUR MONEY AND WHEN IT DOESN'T GIVE YOU YOUR MONEY YOU ARE JUST ... Read More Reviews (1)
Logan Bank & Trust Company Harts Branch	0.10%	$2,500	Learn More Add Review
Bank Of Mingo Delbarton Branch	0.10%	$2,500	Learn More Add Review
The Harrison County Bank West Milford Branch	0.08%	$1	Learn More Add Review
Fnb Bank, Inc. Hampshire Square Branch	0.08%	$2,500	Learn More Add Review
Clear Mountain Bank Reedsville Office Branch	0.07%	$1	Learn More Add Review
First Community Bank Cherry River Plaza Branch	0.07%	$25,000	Learn More Add Review
The Grant County Bank The National Bank Of Davis/Branch	0.07%	$2,500	Learn More Add Review
The Pleasants County Bank Belmont Branch	0.07%	$2,500	Learn More Add Review
The Huntington National Bank The Huntington National Bank Branch	0.06%	$0	Learn More
Allan \| 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 Reviews (1)
Union Bank, Inc. Hundred Office Branch	0.06%	$25,000	Learn More Add Review
First Community Bank Cherry River Plaza Branch	0.06%	$2,500	Learn More Add Review
Community Bank Of Parkersburg Community Bank Of Parkersburg Branch	0.06%	$2,500	Learn More Add Review
Cnb Bank, Inc. Hedgesville Branch	0.05%	$1,000	Learn More Add Review
Clay County Bank, Inc. Clay Branch	0.05%	$500	Learn More Add Review
Community Bank	0.05%	$2,500	Learn More Add Review
Hancock County Savings Bank, F.s.b. 375 Three Springs Drive Branch	0.05%	$2,500	Learn More Add Review
Peoples Bank Sistersvile Branch	0.05%	$25,000	Learn More
dionpayne \| Jun 28, 2017 showmethreethousanddollars Read More Reviews (1)
First Mutual Bank, Fsb 3850 Emerson Ave Branch	0.05%	$2,500	Learn More Add Review
Citizens Bank Of Morgantown, Inc. Citizens Bank Of Morgantown, Inc. Branch	0.05%	$2,500	Learn More Add Review
Clear Mountain Bank Reedsville Office Branch	0.05%	$1,000	Learn More Add Review
First United Bank & Trust South Berkeley Branch	0.05%	$2,500	Learn More Add Review
First Exchange Bank Hundred Branch	0.05%	$2,500	Learn More Add Review
First Community Bank Cherry River Plaza Branch	0.05%	$10,000	Learn More Add Review
Pendleton Community Bank, Inc. Marlinton Branch	0.05%	$2,500	Learn More Add Review
Citizens Bank Of West Virginia, Inc. Third And Kerens Drive-In Branch	0.05%	$2,500	Learn More Add Review
Jefferson Security Bank Jefferson Security Bank Branch	0.05%	$2,500	Learn More Add Review
Bank Of Charles Town Martinsburg Branch	0.05%	$2,500	Learn More Add Review
The Pleasants County Bank Belmont Branch	0.05%	$2,500	Learn More Add Review
Community Bank Of Parkersburg Community Bank Of Parkersburg Branch	0.05%	$2,500	Learn More Add Review
First Neighborhood Bank South Parkersburg Office Branch	0.05%	$2,500	Learn More Add Review
The Ohio Valley Bank Company Point Pleasant Branch	0.05%	$2,500	Learn More Add Review
Whitesville State Bank Comfort Branch	0.05%	$2,500	Learn More Add Review
The Farmers Bank And Savings Company Mason Branch	0.05%	$2,500	Learn More Add Review
Bank Of America, National Association	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)
Union Bank, Inc. Hundred Office Branch	0.04%	$2,500	Learn More Add Review
Cnb Bank, Inc. Hedgesville Branch	0.03%	$50	Learn More Add Review
Peoples Bank Sistersvile Branch	0.03%	$2,500	Learn More
dionpayne \| Jun 28, 2017 showmethreethousanddollars Read More Reviews (1)
First United Bank & Trust South Berkeley Branch	0.03%	$2,500	Learn More Add Review
Union Bank, Inc. Hundred Office Branch	0.03%	$2,500	Learn More Add Review
First Community Bank Cherry River Plaza Branch	0.03%	$2,500	Learn More Add Review
Pnc Bank, National Association Suncrest Towne Centre 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)
Jpmorgan Chase Bank, National Association Chapmanville Branch	0.02%	$25,000	Learn More
Hayley7788d@outlook.com \| Jan 2, 2023 Terrible customer service by investment side. Fees too high , too full of themselves Read More Reviews (25)
Peoples Bank Sistersvile Branch	0.02%	$2,500	Learn More
dionpayne \| Jun 28, 2017 showmethreethousanddollars Read More Reviews (1)
Pnc Bank, National Association Suncrest Towne Centre Branch	0.01%	$2,500	Learn More
Rate History: 0.03% → 0.01%
GAM \| May 18, 2019 Had checking and savings for years when living in Philly. Went into PNC 2.35 APY high yield savings. They have thus far maintained rate. Easy web site and great customer phone service. Still maintain check... Read More Reviews (1)
Keybank National Association	0.01%	$1	Learn More
Seeko \| Mar 28, 2023 On line banking gives a confirmation number when paying bills. But it doesn’t confirm that the bill will be paid only that they have the information. Ridiculous. Read More Reviews (2)
Fifth Third Bank, National Association Charleston Banking Center Branch	0.01%	$500	Learn More
Juan Ricardo \| Nov 12, 2018 Helpful w/$ Read More Reviews (5)
Manufacturers And Traders Trust Company Fort Ashby 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)
Wesbanco Bank, Inc. Bruceton Mills Branch	0.01%	$2,500	Learn More Add Review
First National Bank Of Pennsylvania Follansbee Branch	0.01%	$2,500	Learn More
Mark \| Apr 21, 2020 Your information is very inaccurate. Interest rates are a fraction of 1%. Call the bank yourself. Read More Reviews (1)
Mvb Bank, Inc Somerset Branch	0.01%	$2,500	Learn More Add Review

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

See rates for Credit Unions →

Branches Info across West Virginia

Branch	Street	City	State
The Huntington National Bank The Huntington National Bank Branch	1500 Grand Central Avenue	Vienna	WV
Truist Bank Gilbert Branch	Us Route 52, Main Street	Gilbert	WV
Woodforest National Bank 0688 Martinburg West Virginia Walmar Branch	800 Foxcroft Avenue	Martinsburg	WV
Woodforest National Bank 0688 Martinburg West Virginia Walmar Branch	800 Foxcroft Avenue	Martinsburg	WV
Woodforest National Bank 0688 Martinburg West Virginia Walmar Branch	800 Foxcroft Avenue	Martinsburg	WV
Woodforest National Bank 0688 Martinburg West Virginia Walmar Branch	800 Foxcroft Avenue	Martinsburg	WV
The Ohio Valley Bank Company Point Pleasant Branch	328 Viand Street	Point Pleasant	WV
Woodforest National Bank 0688 Martinburg West Virginia Walmar Branch	800 Foxcroft Avenue	Martinsburg	WV
Huntington Federal Savings Bank East Hills Mall Branch	5175 Us Route 60 East	Huntington	WV
Woodforest National Bank 0688 Martinburg West Virginia Walmar Branch	800 Foxcroft Avenue	Martinsburg	WV
Huntington Federal Savings Bank East Hills Mall Branch	5175 Us Route 60 East	Huntington	WV
Mountain Valley Bank, N.A. Mill Creek Branch	9896 Seneca Trail	Mill Creek	WV
BCBank, Inc. Fairmont Branch	936 East Park Avenue	Fairmont	WV
Woodforest National Bank 0688 Martinburg West Virginia Walmar Branch	800 Foxcroft Avenue	Martinsburg	WV
First Mutual Bank, FSB 3850 Emerson Ave Branch	3850 Emerson Ave	Parkersburg	WV
MVB Bank, Inc Somerset Branch	88 Somerset Boulevard	Charles Town	WV
Davis Trust Company Davis Trust Company Branch	227 Davis Avenue	Elkins	WV
Pioneer Community Bank, Inc. War Branch	14229 Rocket Boy's Drive	War	WV
The Bank of Romney Paw Paw Branch	63 Winchester Street	Paw Paw	WV
Citizens Bank of Morgantown, Inc. Citizens Bank Of Morgantown, Inc. Branch	265 High Street	Morgantown	WV
Calhoun County Bank, Inc. Arnoldsburg Branch	Route 33 West	Arnoldsburg	WV
Capon Valley Bank Moorefield Branch	717 North Main Street	Moorefield	WV
Miners & Merchants Bank Front Street Branch	Front Street	Bayard	WV
Mountain Valley Bank, N.A. Mill Creek Branch	9896 Seneca Trail	Mill Creek	WV
Bank of Charles Town Martinsburg Branch	9738 Tuscarora Pike	Martinsburg	WV
Davis Trust Company Davis Trust Company Branch	227 Davis Avenue	Elkins	WV
MVB Bank, Inc Somerset Branch	88 Somerset Boulevard	Charles Town	WV
The First National Bank of Williamson The First National Bank Of Williamso Branch	East Fourth Avenue And Logan Street	Williamson	WV
New Peoples Bank, Inc. Oakvale Office Branch	207 Oakvale Rd	Princeton	WV
West Union Bank Newpointe Plaza Shopping Center Bran Branch	320 Emily Drive	Clarksburg	WV
The Bank of Romney Paw Paw Branch	63 Winchester Street	Paw Paw	WV
The Harrison County Bank West Milford Branch	Main Street & Vesta Drive	West Milford	WV
The Bank of Romney Paw Paw Branch	63 Winchester Street	Paw Paw	WV
Hancock County Savings Bank, F.S.B. 375 Three Springs Drive Branch	375 Three Springs Drive	Weirton	WV
First Mutual Bank, FSB 3850 Emerson Ave Branch	3850 Emerson Ave	Parkersburg	WV
First Exchange Bank Hundred Branch	Po Box 780 Rt 250	Hundred	WV
West Union Bank Newpointe Plaza Shopping Center Bran Branch	320 Emily Drive	Clarksburg	WV
Calhoun County Bank, Inc. Arnoldsburg Branch	Route 33 West	Arnoldsburg	WV
BCBank, Inc. Fairmont Branch	936 East Park Avenue	Fairmont	WV
Jefferson Security Bank Jefferson Security Bank Branch	105 E Washington Street	Shepherdstown	WV
The Pleasants County Bank Belmont Branch	519 Riverview Drive	Belmont	WV
First Neighborhood Bank South Parkersburg Office Branch	500 Division Street	Parkersburg	WV
The Citizens Bank of Weston Jane Lew Branch	47 Industrial Park Rd	Jane Lew	WV
The Bank of Monroe Lewisburg Branch	3268 Jefferson Street N	Lewisburg	WV
Logan Bank & Trust Company Harts Branch	1218 Mcclellan Highway	Harts	WV
Guaranty Bank Inc. Delbarton Branch	U.S. Highway 52 And State Route 65	Delbarton	WV
The First National Bank of Peterstown The First National Bank Of Peterstow Branch	220 Market Street	Peterstown	WV
New Peoples Bank, Inc. Oakvale Office Branch	207 Oakvale Rd	Princeton	WV
The Harrison County Bank West Milford Branch	Main Street & Vesta Drive	West Milford	WV
The Grant County Bank The National Bank Of Davis/Branch	William Avenue	Davis	WV
FNB Bank, Inc. Hampshire Square Branch	Route 50, Hc-63, Box 3270	Romney	WV
First-Citizens Bank & Trust Company Fairlea Express Branch	U.S. Highway 219 South	Fairlea	WV
First Federal Savings & Loan Association of Ravenswood First Federal Savings & Loan Associa Branch	712 Washington Street	Ravenswood	WV
Putnam County Bank Interstate Branch	300 Hurricane Creek Road	Hurricane	WV
CNB Bank, Inc. Hedgesville Branch	2646 Hedgesville Road	Martinsburg	WV
Clay County Bank, Inc. Clay Branch	2236 Main Street	Clay	WV
WesBanco Bank, Inc. Bruceton Mills Branch	Route 73, Morgantown Street	Bruceton Mills	WV
First Mutual Bank, FSB 3850 Emerson Ave Branch	3850 Emerson Ave	Parkersburg	WV
Citizens Bank of Morgantown, Inc. Citizens Bank Of Morgantown, Inc. Branch	265 High Street	Morgantown	WV
First Exchange Bank Hundred Branch	Po Box 780 Rt 250	Hundred	WV
Freedom Bank, Inc. Buckhannon Branch	302 Rr 20, South Road	Buckhannon	WV
Calhoun County Bank, Inc. Arnoldsburg Branch	Route 33 West	Arnoldsburg	WV
Capon Valley Bank Moorefield Branch	717 North Main Street	Moorefield	WV
The Grant County Bank The National Bank Of Davis/Branch	William Avenue	Davis	WV
Pendleton Community Bank, Inc. Marlinton Branch	19180 Seneca Trail	Marlinton	WV
FNB Bank, Inc. Hampshire Square Branch	Route 50, Hc-63, Box 3270	Romney	WV
Jefferson Security Bank Jefferson Security Bank Branch	105 E Washington Street	Shepherdstown	WV
The Pleasants County Bank Belmont Branch	519 Riverview Drive	Belmont	WV
Community Bank of Parkersburg Community Bank Of Parkersburg Branch	631 Juliana Street	Parkersburg	WV
First Neighborhood Bank South Parkersburg Office Branch	500 Division Street	Parkersburg	WV
The Poca Valley Bank, Inc. Elkview Branch	U.S. Highway 119 And State Road 43	Elkview	WV
The Citizens Bank of Weston Jane Lew Branch	47 Industrial Park Rd	Jane Lew	WV
The Bank of Monroe Lewisburg Branch	3268 Jefferson Street N	Lewisburg	WV
The First National Bank of Williamson The First National Bank Of Williamso Branch	East Fourth Avenue And Logan Street	Williamson	WV
MCNB Bank and Trust Co. Drive-In Facility Branch	94 Howard Street	Welch	WV
Logan Bank & Trust Company Harts Branch	1218 Mcclellan Highway	Harts	WV
Guaranty Bank Inc. Delbarton Branch	U.S. Highway 52 And State Route 65	Delbarton	WV
The Harrison County Bank West Milford Branch	Main Street & Vesta Drive	West Milford	WV
FNB Bank, Inc. Hampshire Square Branch	Route 50, Hc-63, Box 3270	Romney	WV
First-Citizens Bank & Trust Company Fairlea Express Branch	U.S. Highway 219 South	Fairlea	WV
Clear Mountain Bank Reedsville Office Branch	115 North Robert Stone Way	Reedsville	WV
First Community Bank Cherry River Plaza Branch	White Avenue And Railroad Street	Richwood	WV
The Grant County Bank The National Bank Of Davis/Branch	William Avenue	Davis	WV
The Pleasants County Bank Belmont Branch	519 Riverview Drive	Belmont	WV
The Huntington National Bank The Huntington National Bank Branch	1500 Grand Central Avenue	Vienna	WV
Union Bank, Inc. Hundred Office Branch	St Rt 250	Hundred	WV
First Community Bank Cherry River Plaza Branch	White Avenue And Railroad Street	Richwood	WV
Community Bank of Parkersburg Community Bank Of Parkersburg Branch	631 Juliana Street	Parkersburg	WV
CNB Bank, Inc. Hedgesville Branch	2646 Hedgesville Road	Martinsburg	WV
Clay County Bank, Inc. Clay Branch	2236 Main Street	Clay	WV
Hancock County Savings Bank, F.S.B. 375 Three Springs Drive Branch	375 Three Springs Drive	Weirton	WV
Peoples Bank Sistersvile Branch	726 Wells Street	Sistersville	WV
First Mutual Bank, FSB 3850 Emerson Ave Branch	3850 Emerson Ave	Parkersburg	WV
Citizens Bank of Morgantown, Inc. Citizens Bank Of Morgantown, Inc. Branch	265 High Street	Morgantown	WV
Clear Mountain Bank Reedsville Office Branch	115 North Robert Stone Way	Reedsville	WV
First United Bank & Trust South Berkeley Branch	U.S. Route 11 And State Route 51	Inwood	WV
First Exchange Bank Hundred Branch	Po Box 780 Rt 250	Hundred	WV
First Community Bank Cherry River Plaza Branch	White Avenue And Railroad Street	Richwood	WV
Pendleton Community Bank, Inc. Marlinton Branch	19180 Seneca Trail	Marlinton	WV
Citizens Bank of West Virginia, Inc. Third And Kerens Drive-In Branch	Third Street And Kerens Avenue	Elkins	WV
Jefferson Security Bank Jefferson Security Bank Branch	105 E Washington Street	Shepherdstown	WV
Bank of Charles Town Martinsburg Branch	9738 Tuscarora Pike	Martinsburg	WV
The Pleasants County Bank Belmont Branch	519 Riverview Drive	Belmont	WV
Community Bank of Parkersburg Community Bank Of Parkersburg Branch	631 Juliana Street	Parkersburg	WV
First Neighborhood Bank South Parkersburg Office Branch	500 Division Street	Parkersburg	WV
The Ohio Valley Bank Company Point Pleasant Branch	328 Viand Street	Point Pleasant	WV
Whitesville State Bank Comfort Branch	7070 Coal River Rd	Comfort	WV
The Farmers Bank and Savings Company Mason Branch	424 Second Street	Mason	WV
Union Bank, Inc. Hundred Office Branch	St Rt 250	Hundred	WV
CNB Bank, Inc. Hedgesville Branch	2646 Hedgesville Road	Martinsburg	WV
Peoples Bank Sistersvile Branch	726 Wells Street	Sistersville	WV
First United Bank & Trust South Berkeley Branch	U.S. Route 11 And State Route 51	Inwood	WV
Union Bank, Inc. Hundred Office Branch	St Rt 250	Hundred	WV
First Community Bank Cherry River Plaza Branch	White Avenue And Railroad Street	Richwood	WV
PNC Bank, National Association Suncrest Towne Centre Branch	455 Suncrest Towne Centre Drive, Suite 101	Morgantown	WV
JPMorgan Chase Bank, National Association Chapmanville Branch	510 Airport Rd	Chapmanville	WV
Peoples Bank Sistersvile Branch	726 Wells Street	Sistersville	WV
PNC Bank, National Association Suncrest Towne Centre Branch	455 Suncrest Towne Centre Drive, Suite 101	Morgantown	WV
Fifth Third Bank, National Association Charleston Banking Center Branch	700 Virginia Street East, Suite 100	Charleston	WV
Truist Bank Gilbert Branch	Us Route 52, Main Street	Gilbert	WV
Manufacturers and Traders Trust Company Fort Ashby Branch	23 Presidents Street	Fort Ashby	WV
WesBanco Bank, Inc. Bruceton Mills Branch	Route 73, Morgantown Street	Bruceton Mills	WV
First National Bank of Pennsylvania Follansbee Branch	1409 Main Street	Follansbee	WV
MVB Bank, Inc Somerset Branch	88 Somerset Boulevard	Charles Town	WV

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

WEST-VIRGINIA SAVINGS ACCOUNT ENVIRONMENT

Banks in West Virginia play a crucial role in the state's economy, assisting individuals, businesses, and the government with financial services. West Virginia has large national banks, regional banks, community banks, and credit unions.

West Virginia has a generally stable savings rate environment, influenced by various factors such as economic conditions, interest rates, and consumer behavior.

The savings rate environment in West Virginia is influenced by several factors, such as economic conditions, the national interest rate environment set by the Federal Reserve and consumer behavior:

1. Economic Conditions: The overall economic health of the state greatly impacts the savings rate. During periods of economic growth and low unemployment rates, people tend to save more. Conversely, during economic downturns or recessions, savings may decrease as people face financial difficulties. The availability of people's savings (supply) and the banks' need to for capital (demand) may impact the rates that are being offered.

2. Interest Rates: The level of interest rates affects the profitability of saving. When interest rates are high, people are encouraged to save more, as they can earn more on their savings. Conversely, when interest rates are low, people may prefer to spend or invest in other assets rather than save.

3. Consumer Behavior and Confidence: Consumer confidence plays a significant role in determining the savings rate. If consumers feel optimistic about the future and have faith in the stability of the economy, they may be more inclined to save. However, if consumers are uncertain about their financial prospects, they may be less likely to save.

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.