Banks in Falls Church with the Best Interest Rates Today
When searching for the best Falls Church interest rates, there are actually several different types of financial institutions where you can look like community banks, credit unions, national banks and online institutions. So why not begin your search close to home with the local banks in your area? These small organizations tend to offer higher rates than larger banks and chains. The following is a look at the highest rates from local banks specifically.
Best Falls Church Bank Savings Rates
Finding a savings account in Falls Church with a high interest rate will help you make the most out of your deposits. The community banks in Falls Church with the best savings rates today are:
- Hopkins Federal Savings Bank: 1.11%
- Virginia Heritage Bank: 1.01%
- Wilmington Trust FSB: 1.01%
Top CD Rates from Falls Church Banks
A certificate of deposit (CD) is like a savings account, but you keep your money on deposit for a set period of time in exchange for higher interest rates. The term is how long that deposit period is–generally, the longer the term, the higher the rate. Here are the best bank rates for various CD accounts in Falls Church.
6-Month CD
- Hopkins Federal Savings Bank: 1.11%
- Kopernik Federal Bank: 0.9%
- Homewood Federal Savings Bank: 0.85%
12-Month CD
- Hopkins Federal Savings Bank: 1.16%
- Homewood Federal Savings Bank: 1.1%
- Kopernik Federal Bank: 1.06%
24-Month CD
- 1st Commonwealth Bank of Virginia: 1.4%
- Virginia Partners Bank: 1.3%
- Homewood Federal Savings Bank: 1.25%
The above rates are accurate as of June 14, 2011 but are subject to change at any time. Please contact individual banks to verify rates before opening an account. To see a comprehensive list of all the financial institutions in the city, visit our Falls Church Banks List.
