El Paso sits on the Rio Grande and is the only city from Texas that was awarded the Best City to Bank in state.
This city made our list of Best Cities to Bank in because of it’s high 1.49% APY average interest rate on deposit accounts. El Paso also has a great variety of banks to choose from with five local banks available.
El Paso has one of the highest average interest rates for our whole list and the best of all the large cities. The variety of local banks definitely provide a number of options to help consumers make their money work for them.
Related Banking Articles
- Yes, You Should be Investing Your Emergency Fund — Here’s How
- Money Market Account Rate Deal of the Day: Rome Federal Credit Union at 0.51% APY
- Checking Account Rate Deal of the Day: La Capitol Federal Credit Union at 4.25% APY
- Money Market Account Rate Deal of the Day: Greater Hartford Police Federal Credit Union at 1.00% APY
