Everyone has a preference when it comes to where they like to bank. Some prefer the convenience of national chains, while others may actually belong to a credit union. A large number of local residents happen to prefer the smaller, community-oriented Baltimore banks. 
Compare the Best Local Rates
Baltimore Banks
Today, Baltimore Banking Rates collects interest rate information from a total of 76 banks in Baltimore. Below is a look at the average rates and highest rates for deposit accounts among those banks.
Average Deposit Account Rates at Baltimore Banks Today
There are thousands of financial institutions throughout the U.S., several of which are probably in your home town. From bustling cities to tiny suburbs, there’s no shortage of banks and credit unions nearby. So when you’re trying to maximize your deposits and find the highest interest rates to help them grow, how do you know where to go? Below, Baltimore Banking Rates has compared the average bank rates in Baltimore with those at local credit unions to find out whether community banks or CUs have the best overall interest rates to offer.
With a rash of big corporations being hacked due to their security vulnerabilities, it is a good idea to go over some of the ways in which 1st Mariner Bank keeps its Baltimore bank members safe from the perils of the internet.
1st Mariner Bank has more to offer than just the standard online banking options. This financial institution leads the way in innovative banking technologies by developing its own web-based personal finance management tool designed to help customers design a budget, monitor and track expenses, set and meet savings goals and more. The best part is you can track all of your bank accounts, even if they’re with another institution.
These days, most banks are dropping interest rates on deposit accounts, which is why it’s so important to know which ones still have competitive offers. Locating the Baltimore banks with the highest interest rates will ensure you’re always growing your savings to its full potential.
When shopping around for the highest certificate of deposit interest rates, it helps to look at local financial institutions. Generally, smaller banks are especially invested in the communities they serve and thus, make providing the best rates to customers a top priority.
However, finding the best CD rates in Baltimore can be tough if you don’t know where so start, so we’ve compiled the best rates across various term lengths for community banks in the area.
1st Mariner Bank, located in the heart of downtown Baltimore has more than 20 locations throughout the state of Maryland. The bank currently holds naming rights to 1st Mariner Arena, which opened in 1962.
In addition to offering traditional banking services such as checking and deposit accounts, 1st Mariner also offers its customers access to business banking, insurance services, financial planning services and mortgages. The bank prides itself on taking suggestions from its customers regarding services and programs, and has adopted the tagline, “We Built this Bank for You.”
When it comes to finding the highest interest rates on deposit accounts and loans, a great place to start your search is at your local bank. Local banks, like those found in Baltimore, often operate with the goal of supporting the surrounding community financially by offering affordable products and services to residents.
1st Mariner Bank is a local Baltimore credit union focused on providing financial planning and services to customers in a manner that’s both professional and personal. 1st Mariner is a customer-oriented financial institution and values the employees who work so hard to become a trusted part of the communities in which they operate.
