Highest Savings Account Interest Rates in Cambridge, MA: June 2011
Now that it’s a new month, it is a great time to re-examine current savings account rates in Cambridge. Rates fluctuate often, so regularly researching rates in your area will ensure you’re still getting the most out of your savings account as possible. Take a look at the following top rates in the city and find out if you’re missing out on a great rate.
Today’s Cambridge Savings Rates
In order to better understand current savings rate trends in your area, here’s a breakdown of interest rates presently available:
Currently, there are a total of 19 savings accounts available within a 50-mile radius of Cambridge. The best rate we have on record is 1.1% APY, while at the bottom is a savings interest rate of 0.05% APY. All of these accounts average to a rate of 0.36% APY.
Current Best Savings Account Interest Rates in Cambridge, MA
The following are the local Cambridge banks and credit unions that are currently offering the highest interest rates on savings accounts:
- Workers' Credit Union - Fitchburg, Massachusetts: 1.1%
- Mercantile Bank and Trust Company: 0.5%
- Eagle Bank: 0.5%
- Boston Globe Employees Credit Union: 0.5%
- Institution for Savings: 0.5%
The above rates are accurate as of 6/3/11 but are subject to change at any time. Please check with individual financial institutions to verify rates are current before opening an account.
