Compare the Best Local Rates

Schaumburg Savings Account Rates: Banks Versus Credit Unions

Both community banks and credit unions have garnered reputations as sources of excellent interest rates, which is great to know when you’re looking for the highest rate on your Schaumburg savings account. Of course, only one financial institution in the city can have the very best interest rate of all, and you probably want to know where that is. Is it the nearby bank or your community credit union? You’re about to find out.

Below is a list of the best savings account rates in Schaumburg, IL, split up by credit unions and banks. Did your financial institution make the list?

Schaumburg Banks with the Highest Savings Rates

  • CenTrust Bank, National Association: 0.8%
  • First Bank of Highland Park: 0.75%
  • Golden Eagle Community Bank: 0.65%
  • Mutual Federal Savings and Loan Association of Chicago: 0.65%
  • Baytree National Bank: 0.5%

Credit Unions in Schaumburg with the Best Savings Interest Rates

  • Loyola University Employees Credit Union: 1.05%
  • Wrigley Associates Credit Union: 0.86%
  • Co-Operative Credit Union: 0.65%
  • First Financial Credit Union - Illinois: 0.6%
  • Molex Employees Credit Union: 0.5%

Please note that these rates are accurate as of 6/17/11, but are subject to change at any time.