Where are the Highest Philadelphia, PA Savings Rates this July?
If you’re not currently earning a competitive rate on your savings, you’re basically wasting money. As we head into July, let’s examine current savings rate trends in Philadelphia and find out where the best rates are today.
Current Savings Account Interest Rates in Philadelphia
In order to better understand current savings rate trends in your area, here’s a breakdown of interest rates presently available:
Total Number of Accounts Available: 52
Highest Rate in the City: 1.64% APY
Lowest Savings Rate: 0.06% APY
Average Philadelphia Savings Account Rate: 0.46% APY
Best Philadelphia, PA Savings Rates this Month
The following are the local Philadelphia banks and credit unions that are currently offering the highest interest rates on savings accounts:
- Merck Employees Federal Credit Union: 1.64%
- Delaware Alliance Credit Union: 1.25%
- E R R L Credit Union: 1.25%
- Monument Bank: 1%
- Utilities Employees Credit Union: 1%
The above rates are accurate as of July 8, 2011, but are subject to change at any time. Please check with individual financial institutions to verify rates are current before opening an account.
