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Best Banks & Checking Accounts in Philadelphia, Pennsylvania - May 2026

Content reviewed by
Brian McKay Brian McKay
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Brian McKay

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| i Editorial Disclosure
Editorial Disclosure The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
| ✓Fact Checked | Checking Account Rates — Last Updated and Verified: May 5, 2026

The best checking rates for Philadelphia, Pennsylvania include Meridian BankMeridian Bank1760 Market St, Philadelphia, PA 19103A-5.0 ★Texas Ratio: 15.25% Performance Interest Checking 4 at 0.40% APY, Hyperion BankHyperion Bank199 W Girard Ave, Philadelphia, PA 19123A+5.0 ★Texas Ratio: 4.37% HyperInterest Checking1 at 0.40% APY, American Airlines Federal Credit UnionAmerican Airlines Federal Credit Union8500 Essington Ave Ste B, Philadelphia, PA 19153 3716A+5.0 ★Texas Ratio: 2.63% Priority Checking at 0.40% APY, Port Richmond SavingsPort Richmond Savings2522 E Allegheny Ave, Philadelphia, PA 19134A+5.0 ★Texas Ratio: 2.92% Minor Checking at 0.35% APY, and Police And Fire Federal Credit UnionPolice And Fire Federal Credit Union901 Arch St, Philadelphia, PA 19107 2404A+5.0 ★Texas Ratio: 0.62% Checking (S4)2 at 0.25% APY. Checking account rates as of May 5, 2026 according to verified data from MonitorBankRates.

Philadelphia has 15 local institutions in our database, with checking rates as high as 0.40% APY from Meridian Bank at 1760 Market St, Philadelphia, PA, 19103. Use the tabs below to compare all available checking account types. Rates are continually updated — we recommend checking back frequently.

Checking account rates reflect recent market quotes and representative offers available to depositors in Philadelphia, Pennsylvania. Checking Account Rates Last Updated and Verified: May 5, 2026

Compare Checking Account Rates Today in Philadelphia, Pennsylvania & the Surrounding Area

Institutions:
Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Meridian Bank
Institution Rating:
A-5.0 ★ Texas Ratio: 15.25%
1760 Market St
Philadelphia, PA 19103
Performance Interest Checking 4
0.40%
$0
View
▼
Rate0.40%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

No additional details provided.

Hyperion Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.37%
199 W Girard Ave
Philadelphia, PA 19123
HyperInterest Checking1
0.40%
$0
View
▼
Rate0.40%
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details

currently unavailable for new account openings

American Airlines Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.63%
8500 Essington Ave Ste B
Philadelphia, PA 19153 3716
Priority Checking
0.40%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 27, 2026
Details

No additional details provided.

Port Richmond Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 2.92%
2522 E Allegheny Ave
Philadelphia, PA 19134
Minor Checking
0.35%
$25
View
▼
Rate0.35%
Min Deposit$25
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

Hyperion Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.37%
199 W Girard Ave
Philadelphia, PA 19123
HyperInterest Checking1
0.35%
$0
View
▼
Rate0.35%
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details

No additional details provided.

Port Richmond Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 2.92%
2522 E Allegheny Ave
Philadelphia, PA 19134
Easy Checking
0.35%
$50
View
▼
Rate0.35%
Min Deposit$50
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

American Airlines Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.63%
8500 Essington Ave Ste B
Philadelphia, PA 19153 3716
Flagship Checking
0.25%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 27, 2026
Details

No additional details provided.

Police And Fire Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.62%
901 Arch St
Philadelphia, PA 19107 2404
Checking (S4)2
0.25%
$0
View
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedApr 17, 2026
Details

On all balances

Hyperion Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.37%
199 W Girard Ave
Philadelphia, PA 19123
HyperInterest Checking1
0.20%
$0
View
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details

(non-qualify)

Philadelphia Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.07%
1108 Chestnut St
Philadelphia, PA 19107 4802
Senior Checking
0.20%
$0
View
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedApr 25, 2026
Details

No additional details provided.

Franklin Mint Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.37%
3200 Chestnut St
Philadelphia, PA 19104 3395
PERFORMANCE CHECKING
0.20%
$0
View
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details

No additional details provided.

Hyperion Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.37%
199 W Girard Ave
Philadelphia, PA 19123
HyperFree Checking
0.20%
$50
View
▼
Rate0.20%
Min Deposit$50
Min Balance—
UpdatedMay 3, 2026
Details

No additional details provided.

Philadelphia Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.07%
1108 Chestnut St
Philadelphia, PA 19107 4802
Better Checking
0.20%
$0
View
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedApr 25, 2026
Details

No additional details provided.

FedChoice Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.41%
2970 Market St
Philadelphia, PA 19104 5002
Premium Checking
0.15%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 17, 2026
Details

Dividends Compounded and Credited: Quarterly; Balance Method: Average Daily Balance Limitations: Refer to Member Services Agreement.

Franklin Mint Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.37%
3200 Chestnut St
Philadelphia, PA 19104 3395
PERFORMANCE CHECKING
0.15%
$0
View
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details

No additional details provided.

Meridian Bank
Institution Rating:
A-5.0 ★ Texas Ratio: 15.25%
1760 Market St
Philadelphia, PA 19103
50+ Interest Checking
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

No additional details provided.

Franklin Mint Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.37%
3200 Chestnut St
Philadelphia, PA 19104 3395
PERFORMANCE CHECKING
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details

No additional details provided.

Pennsylvania State Employees Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.69%
12901 Townsend Rd
Philadelphia, PA 19154 1021
Checking
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedApr 19, 2026
Details

No additional details provided.

Philadelphia Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.07%
1108 Chestnut St
Philadelphia, PA 19107 4802
Senior Checking
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedApr 25, 2026
Details

No additional details provided.

Philadelphia Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.07%
1108 Chestnut St
Philadelphia, PA 19107 4802
Better Checking
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedApr 25, 2026
Details

No additional details provided.

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Meridian Bank
Institution Rating:
A-5.0 ★ Texas Ratio: 15.25%
1760 Market St
Philadelphia, PA 19103
Performance Interest Checking 4
0.40%
$0
View
▼
Rate0.40%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

No additional details provided.

Hyperion Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.37%
199 W Girard Ave
Philadelphia, PA 19123
HyperInterest Checking1
0.40%
$0
View
▼
Rate0.40%
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details

currently unavailable for new account openings

Hyperion Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.37%
199 W Girard Ave
Philadelphia, PA 19123
HyperInterest Checking1
0.35%
$0
View
▼
Rate0.35%
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details

No additional details provided.

Hyperion Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.37%
199 W Girard Ave
Philadelphia, PA 19123
HyperInterest Checking1
0.20%
$0
View
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details

(non-qualify)

Franklin Mint Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.37%
3200 Chestnut St
Philadelphia, PA 19104 3395
PERFORMANCE CHECKING
0.20%
$0
View
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details

No additional details provided.

FedChoice Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.41%
2970 Market St
Philadelphia, PA 19104 5002
Premium Checking
0.15%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 17, 2026
Details

Dividends Compounded and Credited: Quarterly; Balance Method: Average Daily Balance Limitations: Refer to Member Services Agreement.

Franklin Mint Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.37%
3200 Chestnut St
Philadelphia, PA 19104 3395
PERFORMANCE CHECKING
0.15%
$0
View
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details

No additional details provided.

Meridian Bank
Institution Rating:
A-5.0 ★ Texas Ratio: 15.25%
1760 Market St
Philadelphia, PA 19103
50+ Interest Checking
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

No additional details provided.

Meridian Bank
Institution Rating:
A-5.0 ★ Texas Ratio: 15.25%
1760 Market St
Philadelphia, PA 19103
Direct Interest Checking
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

No additional details provided.

Meridian Bank
Institution Rating:
A-5.0 ★ Texas Ratio: 15.25%
1760 Market St
Philadelphia, PA 19103
Performance Interest Checking 4
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Qualifying balance up to $1,500.00

Franklin Mint Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.37%
3200 Chestnut St
Philadelphia, PA 19104 3395
PERFORMANCE CHECKING
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details

No additional details provided.

United Savings Bank Philadelphia, PA
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
1510 Packer Ave
Philadelphia, PA 19145
Premium Interest Checking
0.05%
$0
View
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

Fulton Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.98%
50 S 16th St
Philadelphia, PA 19102
Interest Checking
0.02%
$0
View
▼
Rate0.02%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

$1,000 - $4,999

United Bank of Philadelphia
Institution Rating:
F2.5 ★ Texas Ratio: 45.27%
1501 N Broad St
Philadelphia, PA 19122
United Blue Interest Checking
0.01%
$0
View
▼
Rate0.01%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

No additional details provided.

United Bank of Philadelphia
Institution Rating:
F2.5 ★ Texas Ratio: 45.27%
1501 N Broad St
Philadelphia, PA 19122
United Blue Premium Checking
0.01%
$0
View
▼
Rate0.01%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

No additional details provided.

Genisys Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.03%
Genius High Yield Checking
6.75%
$0
View
▼
Rate6.55%
Min Deposit$0
Min Balance—
UpdatedMay 2, 2026
Details

Qualifications Required; Qualifying balance up to $7,500.00

Heritage Financial Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.57%
Heritage High Yield Checking
5.00%
$0
View
▼
Rate4.89%
Min Deposit$0
Min Balance—
UpdatedMay 2, 2026
Details

Qualifying balance up to $25,000.00

Tri County Area Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.58%
High Rate Checking
4.89%
$0
View
▼
Rate5.00%
Min Deposit$0
Min Balance—
UpdatedApr 25, 2026
Details

No additional details provided.

Widget Financial Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.47%
HD Checking
4.07%
$0
View
▼
Rate4.00%
Min Deposit$0
Min Balance—
UpdatedMay 2, 2026
Details

Qualifications Required; Qualifying balance up to $25,000.00

UNIFY Financial Federal Credit Union
Institution Rating:
B4.4 ★ Texas Ratio: 21.76%
HY Checking
4.00%
$0
View
▼
Rate3.93%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details

No additional details provided.

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Philadelphia Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.07%
1108 Chestnut St
Philadelphia, PA 19107 4802
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 25, 2026
Details

No additional details provided.

Penn East Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.69%
High Rewards Checking
3.09%
$0
View
▼
Rate3.05%
Min Deposit$0
Min Balance—
UpdatedApr 17, 2026
Details

Qualifications Required; Qualifying balance up to $7,500.00

Pennsylvania Central Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.39%
HD Plus (Rewards) Checking
3.04%
$0
View
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedApr 17, 2026
Details

Qualifications Required: Monthly qualifications; No monthly fee; Qualifying balance up to $75,000.00

Pennsylvania Central Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.39%
HD (Rewards) Checking
2.02%
$0
View
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedApr 17, 2026
Details

Qualifications Required: Monthly qualifications; No monthly fee; Qualifying balance up to $75,000.00

QNB Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.11%
Personal QNB Rewards Checking
1.25%
$25
View
▼
Rate1.24%
Min Deposit$25
Min Balance—
UpdatedMay 4, 2026
Details

Qualifying balance up to $24,999.99

Harleysville Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.02%
Harleysville Cash Rewards Checking*
0.35%
$25
View
▼
Rate0.00%
Min Deposit$25
Min Balance—
UpdatedMay 5, 2026
Details

Qualifying balance up to $100,000.00

Presence Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.15%
REWARDS CHECKING
0.15%
$100
View
▼
Rate0.15%
Min Deposit$100
Min Balance—
UpdatedApr 11, 2026
Details

No additional details provided.

Presence Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.15%
REWARDS CHECKING
0.10%
$100
View
▼
Rate0.10%
Min Deposit$100
Min Balance—
UpdatedApr 11, 2026
Details

No additional details provided.

Lebanon Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.81%
Platinum Rewards Checking
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details

No additional details provided.

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Hyperion Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.37%
199 W Girard Ave
Philadelphia, PA 19123
HyperFree Checking
0.20%
$50
View
▼
Rate0.20%
Min Deposit$50
Min Balance—
UpdatedMay 3, 2026
Details

No additional details provided.

Meridian Bank
Institution Rating:
A-5.0 ★ Texas Ratio: 15.25%
1760 Market St
Philadelphia, PA 19103
Free Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

No additional details provided.

ADVANTAGE FINANCIAL
Institution Rating:
A5.0 ★ Texas Ratio: 12.00%
5000 WISSAHICKON AVE
PHILADELPHIA, PA 19144
Free Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 2, 2026
Details

No additional details provided.

Arize Federal Credit Union
Institution Rating:
B4.4 ★ Texas Ratio: 21.83%
Essential Checking
0.30%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 27, 2026
Details

No additional details provided.

Mifflinburg B&T CO.
Institution Rating:
A+5.0 ★ Texas Ratio: 0.82%
Free 50+ Checking
0.15%
$0
View
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details

No additional details provided.

Mifflinburg B&T CO.
Institution Rating:
A+5.0 ★ Texas Ratio: 0.82%
Free Interest Checking
0.15%
$0
View
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details

No additional details provided.

Mifflinburg B&T CO.
Institution Rating:
A+5.0 ★ Texas Ratio: 0.82%
Free 50+ Checking
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details

No additional details provided.

FedEx Employees Credit Association Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.11%
Basic Checking
0.03%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 27, 2026
Details

No additional details provided.

First Harvest Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.67%
Free Checking
0.01%
$0
View
▼
Rate0.01%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

No Minimum Balance Required

Mifflinburg B&T CO.
Institution Rating:
A+5.0 ★ Texas Ratio: 0.82%
Free Interest Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details

No additional details provided.

Genisys Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.03%
Basic Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 2, 2026
Details

No additional details provided.

UNIFY Financial Federal Credit Union
Institution Rating:
B4.4 ★ Texas Ratio: 21.76%
FREE Checking Account
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details

No additional details provided.

UFCW Local 1776 Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.30%
Free Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details

No additional details provided.

UNIFY Financial Federal Credit Union
Institution Rating:
B4.4 ★ Texas Ratio: 21.76%
FREE Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details

No additional details provided.

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Hatboro Federal Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 2.08%
Student Checking
0.15%
$10
View
▼
Rate0.15%
Min Deposit$10
Min Balance—
UpdatedMay 3, 2026
Details

No additional details provided.

Unity Bank
Institution Rating:
A5.0 ★ Texas Ratio: 7.29%
Student Checking
0.05%
$1
View
▼
Rate0.00%
Min Deposit$1
Min Balance—
UpdatedMay 4, 2026
Details

No additional details provided.

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Hyperion Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.37%
199 W Girard Ave
Philadelphia, PA 19123
Business Interest Checking
0.35%
$1,000
View
▼
Rate0.35%
Min Deposit$1,000
Min Balance—
UpdatedMay 3, 2026
Details

No additional details provided.

American Airlines Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.63%
8500 Essington Ave Ste B
Philadelphia, PA 19153 3716
Business Checking
0.15%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 27, 2026
Details

No additional details provided.

Meridian Bank
Institution Rating:
A-5.0 ★ Texas Ratio: 15.25%
1760 Market St
Philadelphia, PA 19103
Business Interest Checking (Non-Profit/Sole Proprietor)
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

No additional details provided.

United Savings Bank Philadelphia, PA
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
1510 Packer Ave
Philadelphia, PA 19145
Business Interest Checking
0.05%
$0
View
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

The Bank of Princeton
Institution Rating:
A+5.0 ★ Texas Ratio: 2.91%
470 W Cheltenham Ave
Philadelphia, PA 19126
Premier Business Checking
0.03%
$100
View
▼
Rate0.03%
Min Deposit$100
Min Balance—
UpdatedMay 4, 2026
Details

No additional details provided.

The Bank of Princeton
Institution Rating:
A+5.0 ★ Texas Ratio: 2.91%
470 W Cheltenham Ave
Philadelphia, PA 19126
Premier Business Checking
0.02%
$100
View
▼
Rate0.02%
Min Deposit$100
Min Balance—
UpdatedMay 4, 2026
Details

No additional details provided.

United Savings Bank Philadelphia, PA
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
1510 Packer Ave
Philadelphia, PA 19145
Business Interest Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

Meridian Bank
Institution Rating:
A-5.0 ★ Texas Ratio: 15.25%
1760 Market St
Philadelphia, PA 19103
Free Business Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

No additional details provided.

Compass Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.28%
Business Plus Checking
3.00%
$0
View
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

Flanagan State Bank
Institution Rating:
A5.0 ★ Texas Ratio: 10.36%
Premier Business Checking
1.50%
$10,000
View
▼
Rate1.49%
Min Deposit$10,000
Min Balance—
UpdatedMay 5, 2026
Details

Minimum Deposit to Open and Obtain APY*: $50,000 and Over

Enterprise Bank Allison Park, PA
Institution Rating:
F2.8 ★ Texas Ratio: 41.32%
Simplicity Business Checking
1.34%
$0
View
▼
Rate1.33%
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details

No additional details provided.

Penn East Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.69%
Business Checking Plus
0.90%
$0
View
▼
Rate0.90%
Min Deposit$0
Min Balance—
UpdatedApr 17, 2026
Details

No additional details provided.

Dollar Bank, Federal Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.39%
Business Checking with Interest
0.75%
$0
View
▼
Rate0.75%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

No additional details provided.

The Dime Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.53%
Business Checking Plus
0.60%
$50
View
▼
Rate0.00%
Min Deposit$50
Min Balance—
UpdatedMay 4, 2026
Details

No additional details provided.

Flanagan State Bank
Institution Rating:
A5.0 ★ Texas Ratio: 10.36%
Premier Business Checking
0.50%
$10,000
View
▼
Rate0.50%
Min Deposit$10,000
Min Balance—
UpdatedMay 5, 2026
Details

Minimum Deposit to Open and Obtain APY*: $25,000 - $49,999.99

Dollar Bank, Federal Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.39%
Business Checking with Interest
0.50%
$0
View
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

No additional details provided.

The Dime Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.53%
Business Checking Plus
0.50%
$50
View
▼
Rate0.00%
Min Deposit$50
Min Balance—
UpdatedMay 4, 2026
Details

No additional details provided.

Penn East Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.69%
Business Checking Plus
0.50%
$0
View
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedApr 17, 2026
Details

No additional details provided.

The Dime Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.53%
Business Checking Plus
0.45%
$50
View
▼
Rate0.00%
Min Deposit$50
Min Balance—
UpdatedMay 4, 2026
Details

No additional details provided.

The Dime Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.53%
Business Checking Plus
0.40%
$50
View
▼
Rate0.00%
Min Deposit$50
Min Balance—
UpdatedMay 4, 2026
Details

No additional details provided.

Philadelphia, PA Checking Rate Trends

Compare local Philadelphia, PA checking rate quotes against the statewide average

Daily checking rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.

View Full Pennsylvania Checking Trends →
High-Yield Checking — PA Avg
2.257%
▲ 1.659 vs 7 days ago

Pennsylvania high-yield checking rates rose 1.659 points over the past 7 days to 2.257% APY.

Free Checking — PA Avg
0.810%
▲ 0.162 vs 7 days ago

Pennsylvania free checking rates rose 0.162 points over the past 7 days to 0.810% APY.

As of May 5, 2026 • Rate data sourced from 8,500+ monitored institutions Powered by MonitorBankRates

Methodology & Data Sources

Direct-Sourced & Verified Checking Rate Data: We aggregate checking account rates for Philadelphia, Pennsylvania directly from the official websites of banks and credit unions using a combination of our proprietary rate aggregation technology and a dedicated team of rate updaters. By pulling this data straight from the institutions’ own digital properties and manually verifying the yields daily, we ensure that every checking rate displayed on MonitorBankRates.com is highly accurate and trustworthy.

Local, Regional, and National Coverage: Our systems and team constantly monitor the market to provide a complete picture of available yields in Philadelphia, Pennsylvania. We feature a comprehensive mix of financial institutions, allowing you to easily compare localized checking rates from neighborhood credit unions, competitive offers from mid-sized regional banks, and high-yield checking accounts available to account holders in PA.

Daily Updates & Time-Stamped Accuracy: To maintain the highest level of data integrity, our rate updaters verify and update checking rates daily. Because checking account yields can fluctuate based on market conditions, every single checking product listed on our platform features its own specific “last updated” date.

Frequently Asked Questions

Do checking accounts in Philadelphia, Pennsylvania earn interest?

Most traditional local checking accounts in Philadelphia, Pennsylvania earn 0% interest. However, High-Yield Checking or Rewards Checking accounts from online banks and select local credit unions can pay interest rates comparable to savings accounts.

Are banks in Philadelphia, Pennsylvania FDIC insured?

Yes. Legitimate banks with branches in Philadelphia, Pennsylvania are FDIC insured up to $250,000 per depositor. Local Credit Unions are similarly insured by the NCUA.

What fees should I watch out for?

Common fees include Monthly Maintenance Fees (often waivable with direct deposit), Overdraft Fees, and Out-of-Network ATM fees. We recommend looking for “Free Checking” accounts that explicitly state no monthly fees.

What is a Rewards Checking account?

Rewards Checking accounts (sometimes called Kasasa accounts) offer high interest rates or cash back on debit card purchases in exchange for meeting monthly requirements like a minimum number of debit card transactions, direct deposit enrollment, or e-statement signup.

Best Checking Rates in Philadelphia, Pennsylvania

Based on our current data, some of the highest checking account APYs available to residents of Philadelphia, Pennsylvania include:
  • Meridian Bank
    Performance Interest Checking 4 — 0.40% APY
  • Hyperion Bank
    HyperInterest Checking1 — 0.40% APY
  • American Airlines Federal Credit Union
    Priority Checking — 0.40% APY
  • Port Richmond Savings
    Minor Checking — 0.35% APY
  • Police And Fire Federal Credit Union
    Checking (S4)2 — 0.25% APY
Checking Account Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Philadelphia, Pennsylvania. Your final available rate may depend on qualifying activity and daily market movements. Last Updated and Verified: May 5, 2026

Philadelphia, Pennsylvania Rates & Resources

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