Banks in Providence with the Highest Interest Rates Today

Are you currently earning the top interest rates in your city? Today, Providence Banking Rates collects interest rate information from a total of 34 banks in Providence. Take a look at the average interest rates among these banks across a variety of deposit accounts, as well as a list of banks where you can find the highest rates in the city.
Current Average CD & Savings Rates at Providence Banks

The following are the average rates for CD and savings accounts in Providence so you have a benchmark to compare other offers against.
Average 6-Month CD Rate: 0.43% APY
Average 12-Month CD Rate: 0.69% APY
Average 24-Month CD Rate: 1.07% APY
Average Savings Interest Rate: 0.22% APY

Providence Banks with the Best CD Rates

Below are the banks in and around Providence with the highest interest rates. Are you currently earning the best possible rates?

6-Month CD

• Marlborough Savings Bank: 0.75%
• Rollstone Bank & Trust: 0.75%
• Dedham Savings Bank: 0.7%

1-Year CD

• Dedham Savings Bank: 1%
• Marlborough Savings Bank: 1%
• Rollstone Bank & Trust: 1%

24-Month CD

• Dedham Savings Bank: 1.61%
• Marlborough Savings Bank: 1.41%
• Mercantile Bank and Trust Company: 1.35%

Providence Banks with the Highest Savings Interest Rates

• Eagle Bank: 0.5%
• Mercantile Bank and Trust Company: 0.4%
• Salem Five: 0.25%

The above rates are accurate as of the publish date (July 26, 2011), but are subject to change at any time. Verify the accuracy of rates with the individual bank before opening an account.