Compare the Best Local Rates

Melbourne 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 Melbourne savings account. Of course, only one financial institution in the city 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 Melbourne, FL, split up by credit unions and banks. Did your financial institution make the list?

Melbourne Banks with the Highest Savings Rates

Grand Bank & Trust of Florida: 0.1%

Credit Unions in Melbourne with the Best Savings Interest Rates

  • Central Florida Postal Credit Union: 0.4%
  • Space Coast Credit Union: 0.3%
  • Community Credit Union: 0.3%
  • Kennedy Space Center Credit Union: 0.2%

Please note that these rates are accurate as of 6/17/11, but are subject to change at any time.