Where are the Highest Virginia Savings Rates this July?
If you’re not currently earning a competitive rate on your savings, you’re basically wasting money. As we head into July, let’s examine current savings rate trends in Virginia and find out where the best rates are today.
Current Savings Account Interest Rates in Virginia
In order to better understand current savings rate trends in your area, here’s a breakdown of interest rates presently available:
Total Number of Accounts Available: 54
Highest Rate in the State: 1.01% APY
Lowest Savings Rate: 0.01% APY
Average Virginia Savings Account Rate: 0.33% APY
Best Virginia Savings Rates this Month
The following are the local Virginia banks and credit unions that are currently offering the highest interest rates on savings accounts:
- Virginia Heritage Bank: 1.01%
- Goodyear-Danville Family Credit Uni Credit Union: 1%
- Pfd Firefighters Inc. Credit Union: 1%
- HSBC Bank USA, National Association: 0.8%
- Norfolk Fire Department Credit Union: 0.75%
The above rates are accurate as of July 8, 2011, but are subject to change at any time. Please check with individual financial institutions to verify rates are current before opening an account.

