Rhode Island Savings Account Rates: Banks Versus Credit Unions
Both community banks and credit unions have garnered reputations as sources of excellent interest rates, which is great to know when you’re looking for the highest rate on your Rhode Island savings account. Of course, only one financial institution in the state can have the very best interest rate of all, and you probably want to know where that is. Is it the nearby bank or your community credit union? You’re about to find out.
Below is a list of the best savings account rates in Rhode Island, split up by credit unions and banks. Did your financial institution make the list?
Rhode Island Banks with the Highest Savings Rates
Freedom National Bank: 0.25%Credit Unions in Rhode Island with the Best Savings Interest Rates
- Greenwood Credit Union: 1.01%
- Cranston Municipal Employees Credit Union: 0.5%
- Alliance Blackstone Valley Credit Union: 0.5%
- Coastway Credit Union: 0.25%
- Kent County Memorial Hospital Emp. Credit Union: 0.25%
Please note that these rates are accurate as of 6/17/11, but are subject to change at any time.

