Compare the Best Local Rates

Banks in Silver Spring with the Highest Interest Rates Today

Are you looking for the top bank rates near you? There are currently 64 banks in Silver Spring today that supply rates data to Silver Spring Banking Rates. Below is a look at the average rates and highest rates for deposit accounts among those banks.
Current Average CD & Savings Rates at Silver Spring Banks

In order to gauge which accounts from local banks are the best, it helps to know the average rates for your city.
Average 6-Month CD Rate: 0.49% APY
Average 1-Year CD Rate: 0.77% APY
Average 2-Year CD Rate: 1.03% APY
Average Savings Interest Rate: 0.45% APY

Silver Spring Banks with the Highest CD Rates

Below are the banks in and around Silver Spring with the highest interest rates. Are you currently earning the best possible rates?

6-Month CD

  • Kopernik Federal Bank: 0.9%
  • Homewood Federal Savings Bank: 0.85%
  • 1st Commonwealth Bank of Virginia: 0.75%

12-Month CD

  • Homewood Federal Savings Bank: 1.1%
  • Kopernik Federal Bank: 1.06%
  • Virginia Heritage Bank: 1.05%

24-Month CD

  • 1st Commonwealth Bank of Virginia: 1.4%
  • 1st Mariner Bank: 1.35%
  • Virginia Partners Bank: 1.3%

Silver Spring Banks with the Highest Savings Interest Rates

  • Wilmington Trust FSB: 1.01%
  • Virginia Heritage Bank: 1.01%
  • Hopkins Federal Savings Bank: 0.95%

Please note that the above rates are up-to-date as of 7/27/11, but are subject to change at any time in the future. Before opening an account, verify rates with any of the above banks first.