Highest Florida Bank Account Rates as of March 2011
If you’re currently looking for the best interest rates around, you can begin looking at the local financial institutions within your state of Florida. Community banks and credit unions are generally known for providing higher rates, though not all local institutions can compete with the top offers in the state. That’s why it’s so important to research all of the highest rates near you before opening an account.
Below is a list of the best interest rates in Florida, broken out by account type. As we near the end the first quarter of 2011, let’s examine how these popular bank accounts stack up against each other in terms of interest rates:
Highest Florida Savings Account Rates
- Beach Community Bank: 2.3%
- Metro North Credit Union: 1.85%
- Biscayne Bank: 1.51%
Top 6-Month CD Rates in Florida
- Florida A & M University Credit Union: 2.17%
- Magnify Credit Union: 2%
- Baptist Health South Florida Credit Union: 2%
Best Florida 12-Month CD Interest Rates
- Magnify Credit Union: 2.25%
- First City Bank of Florida: 2.25%
- Biscayne Bank: 2.25%
Highest 24-Month CD Rates in Florida
- Magnify Credit Union: 2.6%
- Biscayne Bank: 2.5%
- Peoples National Bank: 2.5%
Please note that these rates are accurate as of the publish date but are subject to change at any time. There may also be additional terms like balance requirements or fees that must be met in order to earn the above rates.
