Compare the Best Local Rates

Current Top Bank and Credit Union Interest Rates in Providence, RI

If you’re shopping around for the best interest rates in Providence, starting with the financial institutions local to the community is a great idea. Smaller banks and credit unions often have the ability to offer higher rates. However, not all local institutions can compete with the top offers, which is why it’s so important to research the highest rates near you.


Below is a list of the best rates in Providence, RI broken out by account type. As we near the end the first quarter of 2011, let’s examine how these popular bank accounts stack up against each other in terms of interest rates:

Highest Savings Account Rates in Providence



  • Fall River Mun. Emp. Credit Union: 0.9%
  • City Of Boston Credit Union: 0.82%
  • Freedom National Bank: 0.76%


Best Providence 6-Month CD Interest Rates



  • City Of Boston Credit Union: 1.71%
  • Members Plus Credit Union: 1.26%
  • Westport Credit Union: 1.25%


Top 12-Month CD Rates in Providence



  • City Of Boston Credit Union: 1.96%
  • Members Plus Credit Union: 1.61%
  • Westport Credit Union: 1.55%


Best 24-Month CD Rates in Providence



  • City Of Boston Credit Union: 2.22%
  • Members Plus Credit Union: 2.07%
  • Westport Credit Union: 2%



Please note that these rates are accurate as of the publish date but are subject to change at any time. There may also be additional terms like balance requirements or fees that must be met in order to earn the above rates.


Check rates in these cities in Providence: See Cities