Today’s Savings Account Interest Rates in Silver Spring, MD
April 25, 2011
If one of your goals this year is to save money, why not start with where you deposit your money? A good savings account rate can help you earn a little bit of interest every day, which after time can amount to big savings. Savings account rates change all the time, so let’s take a look at what rates are currently available within your city.
Current Silver Spring, MD Savings Rates
Silver Spring Banking Rates collects up-to-date rates information from banks and credit unions within 50 miles of the city. Savings rates in Silver Spring are apt to fluctuate from month to month, so it’s a good idea to check rates information frequently.Number of Savings Accounts Availabe in Silver Spring
As of April 25, 2011, Silver Spring Banking Rates records a total of 53 savings accounts available in and around Silver Spring.
Highest Silver Spring Savings Rate
Now, let’s look at the best rates available in your area. Out of these accounts, the highest possible rate in our database you can obtain is 1.11% APY.
Lowest Rate for Savings Accounts
Just to do a little comparison, let’s look at what the lowest savings rate is in Silver Spring. We’ve found that the lowest savings rate available to date is 0.05% APY.
Average Savings Interest Rate in Silver Spring
Let’s say you wanted to compare these numbers to what savings rates a year ago. That would mean you’d have to look at the average in Silver Spring. 0.38% APY is the average as of today.
The Best Silver Spring Savings Interest Rates
Now for the best part. Let’s take a look at who’ s offering the very best savings account rates in Silver Spring.
- Hopkins Federal Savings Bank: 1.11%
- Wilmington Trust FSB: 1.11%
- Virginia Heritage Bank: 1.01%
Please note the above rates are accurate as of the publish date, but are subject to change at any time at the discretion of the financial institutions.
