Best Bank Account Interest Rates in Frederick, MD
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 Frederick, MD. Frederick Banking Rates has put together a list of the best bank account rates in Frederick (within a 50-mile radius) for savings and CD accounts:
Top Savings Interest Rates in Frederick
- Census Credit Union: 1.77%
- Hopkins Federal Savings Bank: 1.76%
- 1st Commonwealth Bank of Virginia: 1.75%
Best Frederick 6-Month CD Rates
- 1st Commonwealth Bank of Virginia: 2.25%
- American Community Credit Union: 2.2%
- Gsa Credit Union: 1.77%
Highest Frederick 12-Month CD Interest Rates
- 1st Alliance Credit Union: 3%
- American Community Credit Union: 2.5%
- 1st Commonwealth Bank of Virginia: 2.5%
Best 24-Month CD Rates in Frederick
- 1st Alliance Credit Union: 4%
- American Community Credit Union: 2.75%
- 1st Commonwealth Bank of Virginia: 2.75%
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.

