Compare the Best Local Rates

Current Interest Rates for Rhode Island Bank Accounts: May 2011

When you opened your Rhode Island bank account, you probably shopped around for the best interest rate you could find first. Have you checked out rates since? In order to ensure you’re always earning all you can, it is important to continually stay up-to-date on current rates in your state. Interest rates change on a daily basis, so it’s your job to keep up with the latest rate adjustments. Rhode Island Banking Rates can help you out this month with a list of the highest bank account rates in Rhode Island today.

Best Rhode Island Certificate of Deposit Rates

Below is a list of the best CD rates in Rhode Island by term length. If you’re not currently earning a similar rate on your certificate of deposit, it might be time to look for a new bank account.

6-Month CD

  • Cranston Municipal Employees Credit Union: 0.75%
  • Greenwood Credit Union: 0.7%
  • Alliance Blackstone Valley Credit Union: 0.65%

12-Month CD

  • Cranston Municipal Employees Credit Union: 1.1%
  • Kent County Memorial Hospital Emp. Credit Union: 1.05%
  • Greenwood Credit Union: 1%

24-Month CD

  • Providence Postal Credit Union: 1.5%
  • Greenwood Credit Union: 1.5%
  • Cranston Municipal Employees Credit Union: 1.5%

Current Highest Savings Account Rates in Rhode Island

  • Greenwood Credit Union: 1%
  • Cranston Municipal Employees Credit Union: 0.5%
  • Alliance Blackstone Valley Credit Union: 0.5%

The above rates are accurate as of May 17, 2011 but are subject to change at any time without notice. For fully up-to-date interest rate information visit the Rhode Island Banking Rates CD and Savings Rates pages.


Check rates in these cities in Rhode Island: See Cities