Current Best Savings Account Interest Rates in Elgin, IL
Savings account rates across the nation will fluctuate over time, which means it’s important to check up on the latest rates near you and be sure you’re still earning the highest interest rate possible. Let’s examine what savings account interest rates are presently doing right now.
Current Rates in Elgin, IL
Savings rates in Elgin in particular have changed a bit since last month, so take a look at what kind of rates you can expect to find near you today. Elgin Banking Rates pulls rates data from banks and credit unions within 50 miles of the city.
Number of Accounts
Right now, there are a total of 101 savings accounts available near Elgin
Highest Savings Rate
Out of these accounts, the highest possible rate you can obtain is 1.25% APY.
Lowest Rate for Savings Accounts
At the other end of the spectrum, the lowest savings rate we have on record to date is 0.05% APY.
Average Savings Interest Rate in Elgin
As a benchmark, you can use the average savings rate in Elgin, which is 0.28% APY, to compare other offers against.
Where to Get the Top Elgin Savings Rates
Now that you have a fairly good idea of what to kind of rates you can find in Elgin for savings accounts, let take a look at who’ s offering the very best:
- Mutual Federal Savings and Loan Association of Chicago: 1.25%
- Loyola University Employees Credit Union: 1.1%
- Wrigley Associates Credit Union: 1.01%
Please note the above rates are subject to change at any time at the discretion of the financial institutions.
