The best savings rates for Melbourne, Florida and the surrounding area include PNC BankPNC Bank3000 Sarno Rd, Melbourne, FL 32934A5.0 ★Texas Ratio: 6.83% PNC High Yield Savings® at 3.25% APY, Community Credit Union Of FloridaCommunity Credit Union Of Florida333 E Nasa Blvd, Melbourne, FL 32901 1939A+5.0 ★Texas Ratio: 1.84% Premium Business Savings at 3.00% APY, TrustCo BankTrustCo Bank2481 Croton Rd, Melbourne, FL 32935A+5.0 ★Texas Ratio: 3.16% Home Town Savings at 0.95% APY, Northrop Grumman Federal Credit UnionNorthrop Grumman Federal Credit Union2000 W Nasa Blvd, Melbourne, FL 32904A5.0 ★Texas Ratio: 8.91% Regular Savings at 0.35% APY, and Launch Credit UnionLaunch Credit Union2200 N Wickham Rd, Melbourne, FL 32935A+5.0 ★Texas Ratio: 2.80% First Time Homebuyers Savings at 0.30% APY.
To see how these savings rates in Melbourne, 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 Melbourne, Florida (FL) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Melbourne, Florida and the surrounding area. Last Updated and Verified: March 22, 2026
Compare local Melbourne, 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.
Florida high-yield savings rates fell 3.960 points this week to 0.540% APY, down from 4.500% last week.
Florida standard savings rates fell 2.175 points this week to 0.635% APY, down from 2.810% last week.
No minimum balance; Available for minors under 18
$100,000 & Up
$50,000-$99,999.99
$25,000-$49,999.99
$2,500-$9,999.99
No maintenance charge for average daily balances of $10,000 or more
$5-$199.99***
Great for balances over $10k; No maintenance charge for average daily balances of $10,000 or more
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
Comes with a card for ATM withdrawals; No maintenance charge for average daily balances of $300 or more
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
$25 minimum opening deposit
Qualifying balance up to $1,000.00
Qualifying balance up to $500.00
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.
Your account is set up to receive monthly e-statements. A $5.00 paper statement fee applies if you opt for paper.
New money only. Fees may reduce earnings. Offer applies to personal accounts only.
Introductory APY
Contact your local banker for more details!
Introductory APY
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Melbourne, 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 Melbourne, 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.