Compare the Best Local Rates

San Mateo Savings Account Rates: Banks Versus Credit Unions

Both community banks and credit unions have garnered reputations as sources of excellent interest rates, which is great to know when you’re looking for the highest rate on your San Mateo savings account. Of course, only one financial institution in the city can have the very best interest rate of all, and you probably want to know where that is. Is it the nearby bank or your community credit union? You’re about to find out.

Below is a list of the best savings account rates in San Mateo, CA, split up by credit unions and banks. Did your financial institution make the list?

San Mateo Banks with the Highest Savings Rates

  • Valley Community Bank - California: 0.45%
  • The Mechanics Bank: 0.1%

Credit Unions in San Mateo with the Best Savings Interest Rates

  • Pacific Postal Credit Union: 1%
  • Postal Of Northern Cal Credit Union: 0.7%
  • Chevron Federal Credit Union: 0.65%
  • C & H Sugar Employees Credit Union: 0.5%
  • Menlo Survey Credit Union: 0.35%

Please note that these rates are accurate as of 6/17/11, but are subject to change at any time.