Best Small Cities to Bank in: #5. Hollywood, CA

You might not consider Hollywood a small city, since it’s nestled inside Los Angeles and holds a fair amount of glitzy attractions.

But this city of 36,000 has a high 1.36% APY average interest rate on deposit accounts and a fair number of banks, compared to other cities within the Los Angeles metropolitan area.

Hollywood has plenty of national banks for consumers to choose from, but it still boasts four banks in the area, which is pretty notable and shows the area’s commitment to local businesses.