Compare the Best Local Rates

Best Salinas, CA Bank Account Rates – April 11, 2011

With so many banking account options today, you can have your pick of the best available rates in Salinas. Smart investors ensure that their bank account works for them, earning interest while they save. If you currently have money in a savings account, ask yourself, “Is this bank earning me the right amount of interest?”

If not, shopping around for the best rate is easy with Salinas Banking Rates. Using our comprehensive database, Salinas Banking Rates is able to bring you a list of the most competitive rates in CA from local banks and credit unions. We do all of the hard work so you don’t have to.

Average Salinas, CA Certificate of Deposit Rates

Currently, among the 5 6-month CD accounts available, the average 6 month CD rate is 0.3% APY, while out of 6 12 month CDs the average is 0.47% APY and 24 month CDs average 0.71% APY with 6 accounts available. Look for financial institutions offering rates that exceed these averages to decide where the best CD rates are.

Best 6-Month CD Rate

Pacific Postal Credit Union: 0.68% APY

Highest 12-Month CD Rate

Pacific Postal Credit Union: 0.83% APY

Top 24-Month CD Rate

Bay Credit Union California: 1.01% APY

Top Savings Interest Rates in Salinas, CA

When it comes to saving money, your bank account’s interest rate is one of the most important things to consider. The average savings rate in CA is currently 0.25% APY, but banks and credit unions near you are offering better rates.

Below is a list of the current top savings rates in Salinas, CA

  • Pacific Postal Credit Union: 1%
  • Central Coast Credit Union: 0.2%
  • Coast-Tel Credit Union: 0.15%