Illinois Savings Account Rates: Banks Versus Credit Unions
Both community banks and credit unions have garnered reputations as sources of excellent interest rates, which is great to know when you’re looking for the highest rate on your Illinois savings account. Of course, only one financial institution in the state can have the very best interest rate of all, and you probably want to know where that is. Is it the nearby bank or your community credit union? You’re about to find out.
Below is a list of the best savings account rates in Illinois, split up by credit unions and banks. Did your financial institution make the list?
Illinois Banks with the Highest Savings Rates
- MWABank: 1.15%
- First National Bank of Waterloo: 0.9%
- CenTrust Bank, National Association: 0.8%
- The First National Bank of Ava: 0.75%
- The First National Bank of Dieterich: 0.75%
Credit Unions in Illinois with the Best Savings Interest Rates
- Adm Credit Union: 1.1%
- Loyola University Employees Credit Union: 1.05%
- Route 1 Credit Union: 1%
- Peoria Journal Star Credit Union: 0.9%
- Wrigley Associates Credit Union: 0.86%
Please note that these rates are accurate as of 6/17/11, but are subject to change at any time.
