Philadelphia Banks

A lot of people have a preference when it comes to where they like to bank. Some enjoy the convenience of national chains, while others may actually belong to a credit union. A growing number of local residents happen to prefer the smaller, community-oriented Philadelphia banks.

Are you currently earning the top interest rates in your city? Today, Philadelphia Banking Rates collects interest rate information from a total of 90 banks in Philadelphia. Take a look at the average interest rates among these banks across a variety of deposit accounts, as well as a list of banks where you can find the highest rates in the city.
Current Average CD & Savings Rates at Philadelphia Banks

Union Community Bank, formerly Union National Community Bank, has a number of checking options available to customers. Below are the checking accounts you can find at this bank, account benefits and perks, and the requirements that must be met to obtain the specified interest rate.

Union Community Bank is dedicated to helping its customers reach their financial goals quickly. In addition to offering a wide range of quality financial products and services, the bank also accomplishes this by providing the highest interest rates possible. If you’re interested in becoming a customer of Union Community Bank, check out their deposit rates below to find out if they meet the level you are looking for.

There are thousands of financial institutions throughout the U.S., several of which are probably in your home town. From bustling cities to tiny suburbs, there’s no shortage of banks and credit unions nearby. So when you’re trying to maximize your deposits and find the highest interest rates to help them grow, how do you know where to go? Below, Philadelphia Banking Rates has compared the average bank rates in Philadelphia with those at local credit unions to find out whether community banks or CUs have the best overall interest rates to offer.

Union Community Bank offers competitive interest rates on their deposit accounts. The following are their rates for their checking accounts.

Union Community Bank Rates

Rewards Checking Account Interest Rate is at .20% with an APY of .20%. The minimum amount to open the account is $50.

Interest Checking Account Interest Rate is at .20% with an APY of .20%. The minimum amount to open the account is $50.

What used to be known as Union National Community Bank is now simply called Union Community Bank after it merged with Providence Bank. According to a press release by the bank, this merger only strengthens the institution as Union Community Bank is wholly owned by affiliated Donegal companies with a history that dates back to 1889.

These days, most banks are dropping interest rates on deposit accounts, which is why it’s so important to know which ones still have competitive offers. Locating the Philadelphia banks with the highest interest rates will ensure you’re always growing your savings to its full potential.

When shopping around for the highest certificate of deposit interest rates, it helps to look at local financial institutions. Generally, smaller banks are especially invested in the communities they serve and thus, make providing the best rates to customers a top priority.

However, finding the best CD rates in Philadelphia can be tough if you don’t know where so start, so we’ve compiled the best rates across various term lengths for community banks in the area.

When it comes to finding the highest interest rates on deposit accounts and loans, a great place to start your search is at your local bank. Local banks, like those found in Philadelphia, often operate with the goal of supporting the surrounding community financially by offering affordable products and services to residents.