Kokomo 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 Kokomo 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 Kokomo, IN, split up by credit unions and banks. Did your financial institution make the list?

Kokomo Banks with the Highest Savings Rates

• Community Bank Indiana: 0.25%
• Lafayette Savings Bank, FSB: 0.25%
• The Home National Bank of Thorntown: 0.25%
• First Bank Indiana: 0.25%
• Crossroads Bank Wabash, IN: 0.2%

Credit Unions in Kokomo with the Best Savings Interest Rates

• Charles St. Community Credit Union: 1.26%
• Indiana United Methodist Credit Union: 0.5%
• Encompass Credit Union: 0.5%
• Eli Lilly Credit Union: 0.3%
• Northpark Community Credit Union: 0.25%

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