California Savings Account Rates: Banks Versus Credit Unions
Both community banks and credit unions have garnered reputations as sources of excellent interest rates, which is great to know when you’re looking for the highest rate on your California savings account. Of course, only one financial institution in the state can have the very best interest rate of all, and you probably want to know where that is. Is it the nearby bank or your community credit union? You’re about to find out.
Below is a list of the best savings account rates in California, split up by credit unions and banks. Did your financial institution make the list?
California Banks with the Highest Savings Rates
- Golden Security Bank: 0.94%
- Centennial Bank: 0.85%
- Community Business Bank Sacramento: 0.75%
- The First National Bank of Florida: 0.75%
- OneWest Bank, FSB: 0.7%
Credit Unions in California with the Best Savings Interest Rates
- F & A Credit Union: 1.26%
- State Farm Federal Credit Union: 1.26%
- Long Beach City Employees Credit Union: 1.21%
- Pacific Postal Credit Union: 1%
- Fresno Police Department Credit Union: 0.75%
Please note that these rates are accurate as of 6/17/11, but are subject to change at any time.
