Highest Savings Account Interest Rates in Illinois June 2011
Now that it’s a new month, it is a great time to re-examine current savings account rates in Illinois. 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 state and find out if you’re missing out on a great rate.
Today’s Illinois 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 250 savings accounts available within Illinois. The best rate we have on record is 1.25% APY, while at the bottom is a savings interest rate of 0.04% APY. All of these accounts average to a rate of 0.33% APY.
Current Best Savings Account Interest Rates in Illinois
The following are the local Illinois banks and credit unions that are currently offering the highest interest rates on savings accounts:
- Mutual Federal Savings and Loan Association of Chicago: 1.25%
- MWABank: 1.15%
- Adm Credit Union: 1.1%
- Loyola University Employees Credit Union: 1.05%
- Route 1 Credit Union: 1%
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.
