Savings Account/MMA Deposit Rates January 16, 2013
The current average deposit rate on account balances of $10,000 is at 0.56 percent for the wee. ending January 16, 2013. This is up from last month's average rate of 0.51 percent. Average deposit rates on account balances of $25,000 increased to 0.68 percent, up from December's average of 0.58 percent. Rates on account balances of $50,000 are currently at 0.70 percent, up from last month's average of 0.64 percent.
The highest savings account rates on our rate list remain at 1.00 percent this month. CIT Bank and Barclays Bank are both offering their savings account rates at 1.00 percent. The highest money market account rates are at 1.04 percent this month. Union Federal Savings Bank is the sole bank offering MMA rates at 1.04 percent with an APY of 1.05 percent. Below is a quick rundown of the best deposit rates in January.
Best January Savings Rates
Best January Money Market Account Rates
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