Boca Raton, Florida (FL) Savings Rates - March 2026
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Brian McKay
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Brian McKay
Brian McKay
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Editorial Disclosure
The savings 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.
The best savings rates for Boca Raton, Florida and the surrounding area include PNC BankPNC Bank2400 N Federal Hwy, Boca Raton, FL 33431A5.0 ★Texas Ratio: 6.83% PNC High Yield Savings® at 3.25% APY, BankUnitedBankUnited5295 Town Center Rd, Boca Raton, FL 33486A-5.0 ★Texas Ratio: 15.40% High Yield Savings at 2.25% APY, Dort Financial Credit UnionDort Financial Credit Union5255 N FEDERAL HWY, BOCA RATON, FL 33487 4901A+5.0 ★Texas Ratio: 5.65% Business Savings Accounts at 1.00% APY, First HorizonFirst Horizon1801 N Military Trl, Boca Raton, FL 33431A+5.0 ★Texas Ratio: 5.08% TotalView Money Market Savings at 0.75% APY, and ValleyDirectValleyDirect1 N Federal Hwy, Boca Raton, FL 33432A+5.0 ★Texas Ratio: 3.76% Kids First Savings at 0.25% APY. Savings rates as of March 25, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Boca Raton, Florida, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Boca Raton, Florida (FL) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Boca Raton, Florida and the surrounding area. Last Updated and Verified: March 25, 2026
Compare the Best Savings Rates in Boca Raton, Florida & Surrounding Communities
Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
2400 N Federal Hwy, Boca Raton, FL 33431
PNC High Yield Savings®
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
BankUnited
Institution Rating:
A-5.0 ★Texas Ratio: 15.40%
5295 Town Center Rd, Boca Raton, FL 33486
High Yield Savings
2.25%
$50
▼
Rate0.00%
Min Deposit$50
Min Balance—
UpdatedMar 25, 2026
Details
BankUnited
Institution Rating:
A-5.0 ★Texas Ratio: 15.40%
5295 Town Center Rd, Boca Raton, FL 33486
High Yield Savings Account
2.25%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Dort Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.65%
5255 N FEDERAL HWY, BOCA RATON, FL 33487 4901
Business Savings Accounts
1.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
Minimum Balance of $5.00 Required
Dort Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.65%
5255 N FEDERAL HWY, BOCA RATON, FL 33487 4901
Savings Plus
0.80%
$0
▼
Rate0.80%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
First Horizon
Institution Rating:
A+5.0 ★Texas Ratio: 5.08%
1801 N Military Trl, Boca Raton, FL 33431
TotalView Money Market Savings
0.75%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details
Dort Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.65%
5255 N FEDERAL HWY, BOCA RATON, FL 33487 4901
Savings Plus
0.70%
$0
▼
Rate0.70%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
Dort Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.65%
5255 N FEDERAL HWY, BOCA RATON, FL 33487 4901
Savings Plus
0.60%
$0
▼
Rate0.60%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
First Horizon
Institution Rating:
A+5.0 ★Texas Ratio: 5.08%
1801 N Military Trl, Boca Raton, FL 33431
TotalView Money Market Savings
0.60%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details
Dort Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.65%
5255 N FEDERAL HWY, BOCA RATON, FL 33487 4901
Business Savings Accounts
0.50%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
Minimum Balance of $5.00 Required
Dort Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.65%
5255 N FEDERAL HWY, BOCA RATON, FL 33487 4901
Savings Plus
0.50%
$0
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
First Horizon
Institution Rating:
A+5.0 ★Texas Ratio: 5.08%
1801 N Military Trl, Boca Raton, FL 33431
TotalView Money Market Savings
0.50%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details
Dort Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.65%
5255 N FEDERAL HWY, BOCA RATON, FL 33487 4901
Savings Plus
0.30%
$0
▼
Rate0.30%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
First Horizon
Institution Rating:
A+5.0 ★Texas Ratio: 5.08%
1801 N Military Trl, Boca Raton, FL 33431
Traditional Savings
0.25%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details
ValleyDirect
Institution Rating:
A+5.0 ★Texas Ratio: 3.76%
1 N Federal Hwy, Boca Raton, FL 33432
Kids First Savings
0.25%
$1
▼
Rate0.00%
Min Deposit$1
Min Balance—
UpdatedMar 22, 2026
Details
No minimum balance; Available for minors under 18
First Horizon
Institution Rating:
A+5.0 ★Texas Ratio: 5.08%
1801 N Military Trl, Boca Raton, FL 33431
Money Market Savings
0.15%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details
Dort Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.65%
5255 N FEDERAL HWY, BOCA RATON, FL 33487 4901
Savings Plus
0.15%
$0
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
Dort Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.65%
5255 N FEDERAL HWY, BOCA RATON, FL 33487 4901
Share Draft Accounts (Checking Accounts)
0.10%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
ValleyDirect
Institution Rating:
A+5.0 ★Texas Ratio: 3.76%
1 N Federal Hwy, Boca Raton, FL 33432
Tiered Money Market Savings
0.10%
$2,000
▼
Rate0.00%
Min Deposit$2,000
Min Balance—
UpdatedMar 22, 2026
Details
No maintenance charge for average daily balances of $10,000 or more
First Horizon
Institution Rating:
A+5.0 ★Texas Ratio: 5.08%
1801 N Military Trl, Boca Raton, FL 33431
Money Market Savings
0.10%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details
Dort Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.65%
5255 N FEDERAL HWY, BOCA RATON, FL 33487 4901
Shares (Savings), Club Accounts and All Purpose Accounts
0.05%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
Shares (Savings) - Minimum Balance $5
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
975 S Federal Hwy, Boca Raton, FL 33432
Platinum Savings
0.05%
$25
▼
Rate0.05%
Min Deposit$25
Min Balance—
UpdatedMar 22, 2026
Details
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
South Atlantic Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.40%
1 W Camino Real Ste 110, Boca Raton, FL 33432 5966
IRA Share Account
0.05%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Kinecta Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.14%
1501 W Yamato Rd, Boca Raton, FL 33431 4438
Traditional Savings
0.05%
$5
▼
Rate0.00%
Min Deposit$5
Min Balance—
UpdatedMar 20, 2026
Details
Dort Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.65%
5255 N FEDERAL HWY, BOCA RATON, FL 33487 4901
Share Draft Accounts (Checking Accounts)
0.05%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
Third Federal Savings and Loan
Institution Rating:
A+5.0 ★Texas Ratio: 1.96%
70 S Dixie Hwy, Boca Raton, FL 33432
Interest Savings - Tier 2
0.05%
$10
▼
Rate0.05%
Min Deposit$10
Min Balance—
UpdatedMar 21, 2026
Details
Minimum to Open: $10
Third Federal Savings and Loan
Institution Rating:
A+5.0 ★Texas Ratio: 1.96%
70 S Dixie Hwy, Boca Raton, FL 33432
Interest Savings - Tier 3
0.05%
$10
▼
Rate0.05%
Min Deposit$10
Min Balance—
UpdatedMar 21, 2026
Details
Minimum to Open: $10
Third Federal Savings and Loan
Institution Rating:
A+5.0 ★Texas Ratio: 1.96%
70 S Dixie Hwy, Boca Raton, FL 33432
Money Market Savings - Tier 2
0.05%
$5,000
▼
Rate0.05%
Min Deposit$5,000
Min Balance—
UpdatedMar 21, 2026
Details
Third Federal Savings and Loan
Institution Rating:
A+5.0 ★Texas Ratio: 1.96%
70 S Dixie Hwy, Boca Raton, FL 33432
Money Market Savings - Tier 3
0.05%
$5,000
▼
Rate0.05%
Min Deposit$5,000
Min Balance—
UpdatedMar 21, 2026
Details
ValleyDirect
Institution Rating:
A+5.0 ★Texas Ratio: 3.76%
1 N Federal Hwy, Boca Raton, FL 33432
Money Market Savings
0.05%
$10,000
▼
Rate0.00%
Min Deposit$10,000
Min Balance—
UpdatedMar 22, 2026
Details
Great for balances over $10k; No maintenance charge for average daily balances of $10,000 or more
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
975 S Federal Hwy, Boca Raton, FL 33432
Retirement High Yield Savings
0.05%
$0
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
2400 N Federal Hwy, Boca Raton, FL 33431
Standard Savings
0.03%
$0
▼
Rate0.03%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
South Atlantic Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.40%
1 W Camino Real Ste 110, Boca Raton, FL 33432 5966
Share Accounts
0.02%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
975 S Federal Hwy, Boca Raton, FL 33432
Platinum Savings
0.02%
$25
▼
Rate0.02%
Min Deposit$25
Min Balance—
UpdatedMar 22, 2026
Details
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
2400 N Federal Hwy, Boca Raton, FL 33431
Standard Savings
0.02%
$0
▼
Rate0.02%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Third Federal Savings and Loan
Institution Rating:
A+5.0 ★Texas Ratio: 1.96%
70 S Dixie Hwy, Boca Raton, FL 33432
Money Market Savings - Tier 1
0.01%
$5,000
▼
Rate0.01%
Min Deposit$5,000
Min Balance—
UpdatedMar 21, 2026
Details
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
975 S Federal Hwy, Boca Raton, FL 33432
Way2Save® Savings
0.01%
$25
▼
Rate0.01%
Min Deposit$25
Min Balance—
UpdatedMar 22, 2026
Details
$25 minimum opening deposit
Third Federal Savings and Loan
Institution Rating:
A+5.0 ★Texas Ratio: 1.96%
70 S Dixie Hwy, Boca Raton, FL 33432
Interest Savings - Tier 1
0.01%
$10
▼
Rate0.01%
Min Deposit$10
Min Balance—
UpdatedMar 21, 2026
Details
Minimum to Open: $10
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
975 S Federal Hwy, Boca Raton, FL 33432
Platinum Savings
0.01%
$25
▼
Rate0.01%
Min Deposit$25
Min Balance—
UpdatedMar 22, 2026
Details
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
ValleyDirect
Institution Rating:
A+5.0 ★Texas Ratio: 3.76%
1 N Federal Hwy, Boca Raton, FL 33432
All Access Savings
0.01%
$100
▼
Rate0.00%
Min Deposit$100
Min Balance—
UpdatedMar 22, 2026
Details
Comes with a card for ATM withdrawals; No maintenance charge for average daily balances of $300 or more
Panhandle Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.21%
2718 Martin Luther King Jr Blvd, Panama City, FL 32405 4408
Rising Tide Youth Share
10.00%
$0
▼
Rate9.57%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Qualifying balance up to $1,000.00
Radiant Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.29%
405 SE 2nd PL, Gainesville, FL 32601 6808
Even-Up Share*
10.00%
$0
▼
Rate10.00%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Trax Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.81%
12125 N 56th St, Temple Terrace, FL 33617
Youth Share
5.10%
$5
▼
Rate4.99%
Min Deposit$5
Min Balance—
UpdatedMar 22, 2026
Details
Together Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.65%
3209 E Busch Blvd, Tampa, FL 33612 8737
Accelerate It Savings
5.00%
$0
▼
Rate4.89%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Qualifying balance up to $5,000.00
Everence Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.68%
3407 Bahia Vista St, Sarasota, FL 34239
Youth savings
5.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 13, 2026
Details
Qualifying balance up to $1,000.00
Fairwinds Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.48%
1621 S Orange Blossom Trl, Apopka, FL 32703 7755
Emergency Savings
5.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details
Qualifying balance up to $1,000.00
Midflorida Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.45%
129 S Kentucky Ave, Lakeland, FL 33801
Share Savings Account
5.00%
$0
▼
Rate4.89%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Qualifying balance up to $10,000.00
BayFirst National Bank
Institution Rating:
A5.0 ★Texas Ratio: 10.71%
700 Central Ave, Saint Petersburg, FL 33701
Cash Kids Club Savings
4.94%
$10
▼
Rate4.82%
Min Deposit$10
Min Balance—
UpdatedMar 16, 2026
Details
Qualifying balance up to $500.00
Suncoast Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.47%
6536 E Hillsborough Ave, Tampa, FL 33610
High Yield Savings Account
4.50%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details
Qualifying balance up to $500.00; High yield checking required.
Newtek Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.72%
1111 Brickell Ave, Miami, FL 33131
Personal High Yield Savings
4.20%
$100
▼
Rate0.00%
Min Deposit$100
Min Balance—
UpdatedMar 20, 2026
Details
Climate First Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
182 37th Ave N, Saint Petersburg, FL 33704
Super Duper Savings
4.01%
$50
▼
Rate3.93%
Min Deposit$50
Min Balance—
UpdatedMar 18, 2026
Details
Your account is set up to receive monthly e-statements. A $5.00 paper statement fee applies if you opt for paper.
Climate First Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
182 37th Ave N, Saint Petersburg, FL 33704
Super Duper Savings Account
4.01%
$50
▼
Rate3.93%
Min Deposit$50
Min Balance—
UpdatedMar 18, 2026
Details
Your account is set up to receive monthly e-statements. A $5.00 paper statement fee applies if you opt for paper. Rates may change. No minimum balance required to earn interest. Fees may reduce earnings.
Justice Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.17%
2030 SW 145th Ave, Pembroke Pines, FL 33027
FREEDOM DIRECT SAVINGS
4.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
when you add Direct Deposit to a new or existing Justice Federal Checking Account.
Platinum Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.95%
7041 Grand National Dr Ste 201, Orlando, FL 32819
High Yield Savings
4.00%
$0
▼
Rate3.93%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Platinum Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.95%
7041 Grand National Dr Ste 201, Orlando, FL 32819
High-Yield Savings
4.00%
$0
▼
Rate3.93%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Platinum Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.95%
7041 Grand National Dr Ste 201, Orlando, FL 32819
Youth Savings
4.00%
$0
▼
Rate3.94%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Addition Financial Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.12%
847 S Orange Blossom Trl, Apopka, FL 32703
Savings Plus
4.00%
$0
▼
Rate3.92%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Qualifying balance up to $5,000.00
Ocala Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.98%
2675 SE 36th Ave, Ocala, FL 34471
IRA Savings
3.80%
$0
▼
Rate3.75%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
First Choice Credit Union West Palm Beach, FL
Institution Rating:
A+5.0 ★Texas Ratio: 1.51%
1055 S Congress Ave, West Palm Beach, FL 33406 5195
High Yield Savings
3.40%
$0
▼
Rate3.35%
Min Deposit$0
Min Balance—
UpdatedMar 18, 2026
Details
Mayo Employees Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.10%
4500 San Pablo Rd S, Jacksonville, FL 32224 1865
Premium Money Market Savings
3.40%
$0
▼
Rate3.36%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
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The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.
Boca Raton, FL Savings Rate Trends
Compare local Boca Raton, FL savings rate quotes against the statewide average
Weekly savings rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
High-Yield Savings — FL Avg
0.652%
▼ 3.848 from last week
Florida high-yield savings rates fell 3.848 points this week to 0.652% APY, down from 4.500% last week.
Standard Savings — FL Avg
0.786%
▼ 1.262 from last week
Florida standard savings rates fell 1.262 points this week to 0.786% APY, down from 2.048% last week.
As of Mar 25, 2026 •
Rate data sourced from 8,500+ monitored institutions
Powered by MonitorBankRates
Methodology & Data Sources
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Boca Raton, Florida directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every savings rate displayed on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in Boca Raton, Florida. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in FL.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly, every product listed features its own specific “last updated” date, giving you complete transparency.
Frequently Asked Questions about Savings Accounts in Boca Raton, Florida
What is a High-Yield Savings Account (HYSA)?
A High-Yield Savings Account (HYSA) typically pays significantly higher interest than standard accounts at national brick-and-mortar banks. These accounts, often found at online banks or local credit unions in Florida, help your money grow faster through a higher APY.
Are savings accounts in Boca Raton, Florida safe?
Yes, as long as the institution is FDIC insured (for banks) or NCUA insured (for credit unions). This provides federal protection for your deposits in Florida up to $250,000 per depositor, per institution.
How often do savings rates change in Boca Raton, Florida?
Savings rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Florida rate tables daily to ensure you see the most current high-yield options.
Do I need a minimum deposit to open a savings account?
It depends on the bank. Many online high-yield savings accounts have no minimum deposit requirement, while some traditional banks in Boca Raton, Florida may require $25–$100 to open an account.
What is the difference between a Savings Account and a Money Market Account?
Both pay interest and are federally insured. Money Market Accounts (MMAs) often come with check-writing privileges or a debit card, making them more flexible, whereas standard savings accounts typically do not.
Are online banks better than local banks in Boca Raton, Florida?
Online banks often offer higher APYs because they have lower overhead costs. However, local banks in Boca Raton, Florida offer in-person customer service, which some customers prefer.
How do I open a savings account in Boca Raton, Florida?
You can open a savings account online or in-person. You will generally need a government-issued ID, your Social Security number, and an initial deposit to get started.
Best Savings Rates in Boca Raton, Florida
Here are recent savings rates observed in Boca Raton, Florida and the surrounding area:
- PNC Bank
PNC High Yield Savings® — 3.25% APY - BankUnited
High Yield Savings — 2.25% APY - Dort Financial Credit Union
Business Savings Accounts — 1.00% APY - First Horizon
TotalView Money Market Savings — 0.75% APY - ValleyDirect
Kids First Savings — 0.25% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Boca Raton, Florida. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 25, 2026
