Compare the Best Local Rates

Highest Current Melbourne, FL Bank Account Rates

It’s common for local financial institutions like credit unions and community banks to provide deposit accounts interest rates that are much higher than offers from national and chain banks. However, just because a bank or credit union is small doesn’t mean its rates are truly competitive.

Now that it’s the end of the month, let’s take a look at where the best bank account interest rates can be found in Melbourne, FL. Melbourne Banking Rates has put together a list of the best bank account rates in Melbourne (within a 50-mile radius) for savings and CD accounts:

Top Savings Interest Rates in Melbourne



  • Central Florida Postal Credit Union: 1%
  • Coastal Bank: 1%
  • Space Coast Credit Union: 0.8%


Best Melbourne 6-Month CD Rates



  • Marine Bank & Trust Company: 1.6%
  • Central Florida Postal Credit Union: 1.31%
  • Space Coast Credit Union: 1.25%


Highest Melbourne 12-Month CD Interest Rates



  • Central Florida Postal Credit Union: 1.92%
  • Space Coast Credit Union: 1.51%
  • Grand Bank & Trust of Florida: 1.5%


Best 24-Month CD Rates in Melbourne



  • Central Florida Postal Credit Union: 2.07%
  • Space Coast Credit Union: 2.02%
  • Grand Bank & Trust of Florida: 1.75%



Please note that these rates are accurate as of the publish date but are subject to change at any time. There may also be additional terms like balance requirements or fees that must be met in order to earn the above rates.