SAVINGS ACCOUNT RATES » Savings News

Residents of Kentucky should consider themselves very lucky. Not only can they sip delicious mint juleps while watching the Derby, but also their locally-based King Southern Bank has one of the most competitive savings interest rates currently available throughout the nation. King Southern Bank savings interest rates are a very healthy 1.25%. This rate is on their passport savings account, making it one of the simplest ways to earn a competitive savings account rate of return.

To qualify for this uncomplicated financial boon, certain terms must be met including:

• $100 minimum opening balance required
• $50 daily balance average required to avoid fees
• If daily balance is not met a $6 monthly service fee will apply
• Monthly withdrawals capped at six
• If monthly withdrawals exceed that limit a $2 per transaction penalty will apply
• FDIC insured

The financial institution has roots dating back to 1919. At that time the bank was founded as the Peoples State Bank in Chaplin Kentucky. The original goal was to help the local community of farmers and local businesses by providing them with quality service and a full array of financial products. Since then, the Kentucky based King Southern Bank has expanded to have locations in Bloomfield, Chaplin, Eastwood, Highlands, Jeffersontown and Middletown.

>>Top Savings Account Rates

Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.

All across the the United States savings account rates has decreased since the start of the recession. Before the recession, finding a savings account that had great savings rates was easy. Consumers who were looking to save were able to find savings account rates as high as 6 or 7 percent. However, those days are gone, and now any consumer who even have any type of interest bearing savings account is considered lucky. That's why we've compiled a list of national banks that currently offer interest bearing savings accounts.

Current Savings Account Rates from National Banks:

Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.

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Savings Account Rate Details

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