Savings rates across the United States are abysmal, including the 0.07% average in Indianapolis. Yet, low rates across the board simply underscore the need to find the best rate possible. In a quest to uncover the top rate in Indianapolis, we’ve discovered Teachers Credit Union‘s Regular Savings account.
With a 0.20% APY, this Indianapolis savings account isn’t your ticket to retirement. Yet, the idea is to compare it to the rest and choose the best. If you’re in the market for a savings account in Indianapolis, this account is the one to go with.
The minimum opening balance of $5 is reasonable, and a minimum account balance of $10,000 is required to earn the 0.20% APY return. Note that by depositing the $5 minimum into the share savings account, depositors are able to say they are not only a customer, but a shareholder of the institution.
But Teachers Credit Union isn’t the only Indianapolis savings account residents can benefit from. The following are the rest of the top 10 savings accounts in Indianapolis available now.
10 Best Indianapolis Savings Accounts
|Teachers Credit Union||Regular Savings|
|Marine Bank||Bonus Savings|
|Merchants Bank of Indiana||Regular Savings|
|Centra Credit Union||Share Savings|
|Forum Credit Union||Regular Share|
|Indiana Members Credit Union||Savings|
|Fifth Third Bank||Goal Setter Savings|
|National Bank of Indianapolis||Circle Savings|
|Old National Bank||Basic Savings|
|Farmers Bank||Regular Savings|
About this Indianapolis Savings Account Study
All Indianapolis interest rate and savings account information documented by financial institutions is accurate as of Nov. 25, 2013. Interest rates could change at any time, without notice, and are based upon the sole judgment of the bank or credit union. Interest rates could have changed since the publish date.