Banks in Akron with the Best Interest Rates Today
When searching for the best Akron interest rates, there are actually several different types of financial institutions where you can look like community banks, credit unions, national banks and online institutions. So why not begin your search close to home with the local banks in your area? These small organizations tend to offer higher rates than larger banks and chains. The following is a look at the highest rates from local banks specifically.
Best Akron Bank Savings Rates
Finding a savings account in Akron with a high interest rate will help you make the most out of your deposits. The community banks in Akron with the best savings rates today are:
- Farmers National Bank: 0.2%
- Wayne Savings Community Bank: 0.15%
- North Akron Savings Bank: 0.15%
Top CD Rates from Akron Banks
A certificate of deposit (CD) is like a savings account, but you keep your money on deposit for a set period of time in exchange for higher interest rates. The term is how long that deposit period is–generally, the longer the term, the higher the rate. Here are the best bank rates for various CD accounts in Akron.
6-Month CD
- Wayne Savings Community Bank: 0.3%
- Farmers National Bank: 0.25%
- First Federal Bank: 0.2%
12-Month CD
- Wayne Savings Community Bank: 0.5%
- Farmers National Bank: 0.5%
- 1st National Community Bank: 0.5%
24-Month CD
- North Akron Savings Bank: 1.07%
- Wayne Savings Community Bank: 0.9%
- First Federal Bank: 0.8%
The above rates are accurate as of June 14, 2011 but are subject to change at any time. Please contact individual banks to verify rates before opening an account. To see a comprehensive list of all the financial institutions in the city, visit our Akron Banks List.
