April is here, and it’s a great time to ramp up your savings to prepare for summer by finding the highest interest rates in Birmingham.
Birmingham Banking Rates has compiled a list of the best interest rates in the city for savings accounts and certificates of deposit. Find out if your accounts measure up or if it’s time to open a new one with a better rate. 
| Featured Rate | Bank / Credit Union | Account Type | |
|---|---|---|---|
|
0.90%
As of May 14, 2012
|
 |
CIT Bank
|
Savings Account |
|
0.84%
As of May 15, 2012
|
|
Ally Bank
|
Savings Account |
| Highest Rates Recent Rate Changes | |||
| Best Rates (APY) | Bank / Credit Union | Account Type | |
|
1.01%
As of April 26, 2012
|
View Rate Details | Railroad Credit Union | Savings Account |
|
0.50%
As of May 18, 2012
|
View Rate Details | Health Credit Union | Savings Account |
|
0.50%
As of May 11, 2012
|
View Rate Details | Jefferson County Employees Credit Union | Savings Account |
|
0.50%
As of May 7, 2012
|
View Rate Details | Alabama Central Credit Union | Savings Account |
|
0.40%
As of May 16, 2012
|
View Rate Details | America's First Credit Union | Savings Account |
|
0.40%
As of May 16, 2012
|
View Rate Details | New Pilgrim Federal Credit Union | Savings Account |
| Bank / Account Type | Rate Change | Date | |
|---|---|---|---|
| The First National Bank of Talladega - Savings Account | 0.50% to 0.20% | Apr 18, 2012 | |
While local financial institutions like community banks and credit unions are known for offering higher rates on deposit accounts, there are definitely a few that stand out as highly competitive.
Now that it’s the end of the month, let’s take a look at where the best banking rates can be found in Birmingham, AL. Birmingham Banking Rates has put together a list of the top Birmingham interest rates (within 50 miles of the city) for both savings accounts and certificates of deposit:
Now that the holiday season is far behind us, it’s time to get savings plans back on track. While savings rates in general are still pretty low, the interest rates offered by individual banks and credit unions vary greatly and some have truly outstanding offers for the current economic climate. Birmingham Banking Rates can help you locate the best savings rates in Birmingham.
