Florida 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 Florida 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 Florida, split up by credit unions and banks. Did your financial institution make the list?
Florida Banks with the Highest Savings Rates
- EverBank: 1.01%
- Biscayne Bank: 1%
- Continental National Bank of Miami: 0.85%
- First Peoples Bank: 0.75%
- The First National Bank of Florida: 0.75%
Credit Unions in Florida with the Best Savings Interest Rates
- Jackson County Teachers Credit Union: 1%
- Jacksonville Postal & Professional Credit Union: 0.8%
- J. M. Associates Credit Union: 0.65%
- South Florida Educational Federal Credit Union: 0.5%
- Publix Employees Credit Union: 0.5%
Please note that these rates are accurate as of 6/17/11, but are subject to change at any time.
