Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Study's top kudos for rates go to CU, Oklahoma
EL SEGUNDO, Calif. (1/31/13)--Oklahoma financial institutions offers consumers the best savings rates in the country and New Jersey's Rutherford Postal District Employees FCU is the financial institution that offers the best savings rate, according to a new study. It compares savings account interest rates offered by more than 4,000 local credit unions and banks.

Go Banking Rates calculated the average savings account rate in every state, according to its database, and ranked each state in order of highest average savings account rates to lowest.

Members of Rutherford (N.J.) Postal District Employees FCU can take advantage of a 2.52% annual percentage rate (APR), the rating company said.

The top states and their average for savings rates are:

  • Oklahoma (0.34% APR);
  • Rhode Island (0.32%);
  • Alabama (0.29%);
  • (tie) North Dakota (0.28%);
  • Utah (0.28%); and
  • Vermont (0.28%).
Four states (Florida, Iowa, Nebraska and Pennsylvania) tied for the worst account rate APR at 0.22%, while five states (Hawaii, Massachusetts, New Mexico, Virginia and West Virginia) and Washington, D.C. tied for the second lowest rates at 0.23%.
Other Resources

CUNA Daily Financial Rates
RSS





print
News Now LiveWire
Which Children's Miracle Network Hospital is the winner of @CUDirect's 20 for 20 grand prize? Find out Tuesday.
1 hours ago
Gas prices have fallen for a record 88 days in a row says @AAAnews via @washingtonpost http://t.co/c52VTdqHEB
3 hours ago
.@TheNCUA releases regulatory modernization initiative results (PDF link) http://t.co/pgLZe4aget
3 hours ago
#FinCEN seeks nominations of FIs, trade groups for membership on Bank Secrecy Act advisory group http://t.co/l5w58c277W
4 hours ago
MI pediatric dentist pledges $20K match to Hurley Children's Hospital if it wins @CUDirect's 20 for 20 http://t.co/Eq2nIPm6jo
5 hours ago