Compare the Best Local Rates

Banks in Somerville with the Highest Interest Rates Today

Are you looking for the top bank rates near you? There are currently 41 banks in Somerville today that supply rates data to Somerville Banking Rates. Below is a look at the average rates and highest rates for deposit accounts among those banks.
Current Average CD & Savings Rates at Somerville Banks

In order to gauge which accounts from local banks are the best, it helps to know the average rates for your city.
Average 6-Month CD Rate: 0.49% APY
Average 1-Year CD Rate: 0.75% APY
Average 2-Year CD Rate: 1.13% APY
Average Savings Interest Rate: 0.27% APY

Somerville Banks with the Highest CD Rates

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

6-Month CD

  • Pentucket Bank: 0.9%
  • Institution for Savings: 0.75%
  • Marlborough Savings Bank: 0.75%

12-Month CD

  • Bank of New England: 1.15%
  • Pentucket Bank: 1.05%
  • Marlborough Savings Bank: 1%

24-Month CD

  • Pentucket Bank: 1.61%
  • Dedham Savings Bank: 1.61%
  • Bank of New England: 1.5%

Somerville Banks with the Highest Savings Interest Rates

  • Institution for Savings: 0.5%
  • Eagle Bank: 0.5%
  • Pentucket Bank: 0.45%

Please note that the above rates are up-to-date as of 7/27/11, but are subject to change at any time in the future. Before opening an account, verify rates with any of the above banks first.