Banks in Riverside with the Best Savings Rates: September 2011
A lot of people have a preference when it comes to where they like to bank. Some enjoy the convenience of national chains, while others may actually belong to a credit union. A growing number of local residents happen to prefer the smaller, community-oriented Riverside banks.
There are plenty of perks to banking with a local financial institution, so if you’re not satisfied with your present financial institution, give banks in Riverside at try.
Top 3 Advantages of Banks in Riverside
So what can a local institution offer you that the large chains often can’t? Every bank is different, but the smaller ones tend to give you the following:
1. Higher Interest Rates: Since local banks are primarily focused on the financial stability of the community, they tend to provide much more competitive interest rates on loans and bank accounts.
2. Better Customer Service: Local banks make it a point to show their appreciation for customers with more attentive bank employees who do their best to meet your needs.
3. Local Decision Making: Because Riverside banks are run by residents who are familiar with the needs and concerns of local families and businesses, loan approvals and other major decisions can be made quickly.
Riverside Banks with the Highest Savings Rates
A savings account is the foundation to financial security. Of course, you’ll want to be sure your deposits are reaching their full potential by obtaining the best interest rate available. Below are the local banks with the top Riverside savings rates today.
- Centennial Bank: 0.85%
- OneWest Bank, FSB: 0.5%
- Balboa Thrift and Loan Association: 0.35%
- Saigon National Bank: 0.16%
- First Mountain Bank: 0.15%
These savings rates are accurate as of September 29, 2011, but can change at any time in the future. Please contact individual banks to verify rates, as well as learn about additional terms and requirements, before opening an account.
