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Compare Savings Rates in Maryland – March 2026

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Current Maryland Savings Rates and MMA Rates

Andrews Federal Credit Union is offering a High Yield Savings Account in Maryland with an APY of 5.61%. Andrews Federal Credit Union is offering a High Yield Savings Account in Maryland with an APY of 5.50%. Current rates from Ukrainian Selfreliance Federal Credit Union include a IRA Savings at 4.08% APY. Current rates from Har-co Credit Union include a Business Advantage Money Market at 4.00% APY.

Find the best savings and money market rates in Maryland today. Our real-time rate table below compares offers from top lenders to help you grow your savings. Whether you are looking for a traditional savings account or a high-yield option in MD, comparing APYs is the best way to maximize your interest earnings.

The following rates reflect recent market quotes and representative offers available to Maryland depositors. Actual savings rates may vary by financial institution and market conditions.

Last Updated and Verified: March 5, 2026

Savings Rates in Maryland and Area

  • High Yield Savings Account:
    5.61%
  • High Yield Savings Account:
    5.50%
  • IRA Savings:
    4.08%
  • Business Advantage Money Market:
    4.00%
  • Primis Savings Account:
    3.85%

Rates shown are recent market averages and representative quotes. Actual rates may vary.

Last Updated and Verified: March 5, 2026

Best Maryland and Area Savings Rates & Money Market Rates

Bank / Credit Union
Product
APY
Min Deposit
Andrews Federal Credit Union Wiesbaden, VA
High Yield Savings Account
5.61%
$0
Rate 5.61%
Min Deposit $0
Last Updated 03/05/2026
Details $1,000.01 and greater

Andrews Federal Credit Union Wiesbaden, VA
High Yield Savings Account
5.50%
$0
Rate 5.50%
Min Deposit $0
Last Updated 03/05/2026
Details $.01 - 1,000.00

Ukrainian Selfreliance Federal Credit Union Baltimore, MD
IRA Savings
4.08%
$50
Rate 4.08%
Min Deposit $50
Last Updated 03/05/2026
Details

Har-co Credit Union Bel Air, MD
Business Advantage Money Market
4.00%
$2,000
Rate 4.00%
Min Deposit $2,000
Last Updated 03/05/2026
Details guaranteed through June 2026. The minimum qualifying balance required to open and maintain this special 4.00% APY is $25,000 and the maximum balance may not exceed $250,000. After June 30th 2026, the rate will default to the posted money market rate at that time. The APY will be based upon your account balance. Har-co Business Advantage Money Market is available to members who open or maintain a Business Savings Account.

Primis Bank Upper Marlboro, MD
Primis Savings Account
3.85%
$1
Rate 3.85%
Min Deposit $1
Last Updated 03/05/2026
Details A first class variable interest rate of 3.78% with an annual percentage yield (APY*) of 3.85%. This account is only available online.

The Bank of Glen Burnie Severna Park, MD
Money Market ADVANTAGE Account or more)
3.82%
$25,000
Rate 3.82%
Min Deposit $25,000
Last Updated 03/05/2026
Details $25,000

Glen Burnie MSB Glen Burnie, MD
Money Market ADVANTAGE Account or more)
3.82%
$25,000
Rate 3.82%
Min Deposit $25,000
Last Updated 03/05/2026
Details $25,000

CFG Bank Lutherville, MD
CFG High Yield Money Market In Branch
3.80%
$1,000
Rate 3.80%
Min Deposit $1,000
Last Updated 03/05/2026
Details May add deposits at anytime. See below for account details.

CFG Bank Lutherville, MD
CFG High Yield Money Market Online
3.80%
$1,000
Rate 3.80%
Min Deposit $1,000
Last Updated 03/05/2026
Details May add deposits at anytime, no check writing privileges. See below for account details.

Northrop Grumman Federal Credit Union Linthicum Heights, MD
IRA Savings 12 Month
3.79%
$0
Rate 3.79%
Min Deposit $0
Last Updated 03/05/2026
Details

Market USA Federal Credit Union Laurel, SC
High-Yield VIP Savings
3.75%
$0
Rate 3.75%
Min Deposit $0
Last Updated 03/05/2026
Details

Transit Employees Federal Credit Union Washington, VA
Paramount Money Market
3.75%
$0
Rate 3.75%
Min Deposit $0
Last Updated 03/05/2026
Details

BayVanguard Bank Pasadena, MD
Business Premier Money Market Savings
3.73%
$10,000
Rate 3.73%
Min Deposit $10,000
Last Updated 03/05/2026
Details Open an account with a deposit of $10,000.00 or more, to earn interest at a guaranteed 3.73% APY* for the first 90 days. After the 90 day period, the APY will be based upon your account balance. The higher your balance, the higher your interest!

EagleBank Washington, VA
Eagle High-Yield Savings Account
3.70%
$0
Rate 3.70%
Min Deposit $0
Last Updated 03/05/2026
Details Earns 3.70% APY on balances $0.00 - $500,000.00

Jarrettsville Federal S&L Jarrettsville, MD
Money Market
3.65%
$0
Rate 3.65%
Min Deposit $0
Last Updated 03/05/2026
Details

Northrop Grumman Federal Credit Union Linthicum Heights, MD
IRA Savings 48 Month
3.60%
$0
Rate 3.60%
Min Deposit $0
Last Updated 03/05/2026
Details

Northrop Grumman Federal Credit Union Linthicum Heights, MD
IRA Savings 60 Month
3.60%
$0
Rate 3.60%
Min Deposit $0
Last Updated 03/05/2026
Details

Northrop Grumman Federal Credit Union Linthicum Heights, MD
IRA Savings 24 Month
3.59%
$0
Rate 3.59%
Min Deposit $0
Last Updated 03/05/2026
Details

Lafayette Federal Credit Union Rockville, MD
Premier Savings Accounts
3.56%
$0
Rate 3.56%
Min Deposit $0
Last Updated 03/05/2026
Details Member must maintain at least $50,000 in the account to earn dividends on this account.

Northrop Grumman Federal Credit Union Linthicum Heights, MD
IRA Savings 36 Month
3.55%
$0
Rate 3.55%
Min Deposit $0
Last Updated 03/05/2026
Details

Fulton Bank Rockville, MD
Promotional Money Market Account
3.55%
$10,000
Rate 3.55%
Min Deposit $10,000
Last Updated 03/05/2026
Details with a minimum new money deposit of $10,000.

Baxter Credit Union Chevy Chase, MD
Money Market Special Intro rate
3.50%
$0
Rate 3.50%
Min Deposit $0
Last Updated 03/05/2026
Details $15,000+

Money One Federal Credit Union LARGO, MD
Premium Insured Money Market Account
3.50%
$0
Rate 3.50%
Min Deposit $0
Last Updated 03/05/2026
Details Earns 3.50% APY on balances Over $100,000; 1.00% APY on balances $50,000 - $99,999; 0.50% APY on balances $25,000 - $49,999; 0.05% APY on balances $0 - $24,999

Lafayette Federal Credit Union Rockville, MD
Premier Savings Accounts
3.46%
$0
Rate 3.46%
Min Deposit $0
Last Updated 03/05/2026
Details Member must maintain at least $50,000 in the account to earn dividends on this account.

Dexsta Federal Credit Union Elkton, MD
High Yield Savings
3.45%
$0
Rate 3.45%
Min Deposit $0
Last Updated 03/05/2026
Details $100,000.00-$249,999.99

WSSC Federal Credit Union Laurel, MD
Youth Savings
3.44%
$0
Rate 3.44%
Min Deposit $0
Last Updated 03/05/2026
Details

USALLIANCE Rockville, MD
High Dividend Savings
3.40%
$0
Rate 3.40%
Min Deposit $0
Last Updated 03/05/2026
Details

Truist Westminster, MD
Small Business Money Market Account
3.40%
$0
Rate 3.40%
Min Deposit $0
Last Updated 03/05/2026
Details Eligible clients can earn a 3.40% annual percentage yield (APY) with a new Truist Business Money Market account.

Northrop Grumman Federal Credit Union Linthicum Heights, MD
IRA Savings 84 Month
3.35%
$0
Rate 3.35%
Min Deposit $0
Last Updated 03/05/2026
Details

Lafayette Federal Credit Union Rockville, MD
Premier Savings Accounts
3.35%
$0
Rate 3.35%
Min Deposit $0
Last Updated 03/05/2026
Details Member must maintain at least $50,000 in the account to earn dividends on this account.

Capital One Bank Wheaton, MD
360 Performance Savings
3.30%
$0
Rate 3.30%
Min Deposit $0
Last Updated 03/05/2026
Details A rate of 3.30% Annual Percentage Yield (APY) applies to all account balances. Advertised rates are variable and effective as of 3/3/2026. Rates are subject to change at any time before or after account opening.

PNC Bank Whiteford, MD
PNC High Yield Savings®
3.30%
$1
Rate 3.30%
Min Deposit $1
Last Updated 03/05/2026
Details

Lafayette Federal Credit Union Rockville, MD
IRA Savings Account
3.25%
$50
Rate 3.25%
Min Deposit $50
Last Updated 03/05/2026
Details

Lafayette Federal Credit Union Rockville, MD
Preferred Savings Accounts
3.25%
$20,000
Rate 3.25%
Min Deposit $20,000
Last Updated 03/05/2026
Details $20,000 or more

Lafayette Federal Credit Union Rockville, MD
Premier Savings Accounts
3.25%
$50,000
Rate 3.25%
Min Deposit $50,000
Last Updated 03/05/2026
Details Member must maintain at least $50,000 in the account to earn dividends on this account.

Woori America Bank Ellicott City, MD
WooriWON Savings
3.25%
$100
Rate 3.25%
Min Deposit $100
Last Updated 03/05/2026
Details $100,000+; $5 monthly maintenance fee waived when average daily balance requirement is met

BayVanguard Bank Pasadena, MD
Business Premier Money Market Savings
3.22%
$0
Rate 3.22%
Min Deposit $0
Last Updated 03/05/2026
Details Bonus Rate for the first 90 days; $1,000,000.00 and above

Ukrainian Selfreliance Federal Credit Union Baltimore, MD
High Yield Savings
3.20%
$5,000
Rate 3.20%
Min Deposit $5,000
Last Updated 03/05/2026
Details

Lafayette Federal Credit Union Rockville, MD
Preferred Savings Accounts
3.20%
$50
Rate 3.20%
Min Deposit $50
Last Updated 03/05/2026
Details up to $19,999

BayVanguard Bank Pasadena, MD
Business Premier Money Market Savings
3.15%
$0
Rate 3.15%
Min Deposit $0
Last Updated 03/05/2026
Details Bonus Rate for the first 90 days; $750,000.00 - $999,999.99

BayVanguard Bank Pasadena, MD
Business Premier Money Market Savings
3.13%
$0
Rate 3.13%
Min Deposit $0
Last Updated 03/05/2026
Details $750,000.00 - $999,999.99

BayVanguard Bank Pasadena, MD
Personal Premier Money Market Savings
3.13%
$0
Rate 3.13%
Min Deposit $0
Last Updated 03/05/2026
Details Bonus Rate (Relationship) for the first 90 days $100,000.00 and above

BayVanguard Bank Pasadena, MD
Personal Premier Money Market Savings
3.07%
$0
Rate 3.07%
Min Deposit $0
Last Updated 03/05/2026
Details Bonus Rate (Relationship) for the first 90 days $50,000.00 - $99,999.99

BayVanguard Bank Pasadena, MD
Personal Premier Money Market Savings
3.06%
$0
Rate 3.06%
Min Deposit $0
Last Updated 03/05/2026
Details $50,000.00 - $99,999.99

BayVanguard Bank Pasadena, MD
Business Premier Money Market Savings
3.04%
$0
Rate 3.04%
Min Deposit $0
Last Updated 03/05/2026
Details Bonus Rate for the first 90 days; $500,000.00 - $749,999.99

Citizens Bank Silver Spring, MD
Citizens Private Client® Money Market
3.00%
$0
Rate 3.00%
Min Deposit $0
Last Updated 03/05/2026
Details Get up to 3.00% APY with preferred rates or up to 0.15% APY with standard rates

Har-co Credit Union Bel Air, MD
Educator Summer Savings
3.00%
$0
Rate 3.00%
Min Deposit $0
Last Updated 03/05/2026
Details $5 - $20,001 will earn 3.00% APY; over $20,001 will earn 0.25% APY.

F&M Bank Upperco, MD Westminster, MD
Local Advantage Money Market
3.00%
$0
Rate 3.00%
Min Deposit $0
Last Updated 03/05/2026
Details

Democracy Federal Credit Union Washington, VA
Money Market Account
3.00%
$0
Rate 3.00%
Min Deposit $0
Last Updated 03/05/2026
Details Over $250,000

Har-co Credit Union Bel Air, MD
New Educator Summer Savings
3.00%
$0
Rate 3.00%
Min Deposit $0
Last Updated 03/05/2026
Details $5 - $20,001 will earn 3.00% APY; over $20,001 will earn 0.25% APY. Minimum balance to obtain the stated APY is $5.

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.

Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Methodology & Data Sources

Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Maryland directly from the official websites of banks and credit unions using a combination of our proprietary rate aggregation technology and a dedicated team of rate updaters. By pulling this data straight from the institutions' own digital properties and manually verifying the yields daily, we ensure that every savings rate displayed on savingsaccount.monitorbankrates.com is highly accurate and trustworthy.

Local, Regional, and National Coverage: Our systems and team constantly monitor the market to provide a complete picture of available yields in Maryland. We feature a comprehensive mix of financial institutions, allowing you to easily compare localized savings rates from neighborhood credit unions, competitive offers from mid-sized regional banks, and high-yield savings accounts from large national institutions available to savers in MD.

Daily Updates & Time-Stamped Accuracy: To maintain the highest level of data integrity, our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly based on market conditions, every single savings product listed on our platform features its own specific "last updated" date. This gives you absolute transparency into exactly when that specific yield was confirmed.

Disclaimer: Savings rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions in Maryland. It is always advisable to check with the specific financial institution's official website for the most current offers and terms. Last Updated and Verified: March 5, 2026

How to Find the Best Savings Account in Maryland

  1. Compare APY (Annual Percentage Yield) The APY determines how much interest you will earn in a year. Unlike simple interest, APY includes compound interest. Always look for the highest APY to maximize your earnings.
  2. Check Minimum Deposit Requirements Some high-yield savings accounts require a large initial deposit (e.g., $5,000 or $10,000) to earn the advertised rate. Ensure you can meet these minimums before applying.
  3. Review Monthly Fees Avoid accounts that charge monthly maintenance fees, as these can eat into your interest earnings. Many online banks and credit unions offer no-fee savings accounts.
  4. Verify FDIC or NCUA Insurance Ensure your money is safe. Banks should be FDIC insured, and Credit Unions should be NCUA insured. This protects your deposits up to $250,000 per depositor.

Frequently Asked Questions for Maryland

What are the current savings rates in Maryland and the surrounding area
Below is a list of current savings and money market rates available for Maryland. We track lenders daily to provide the most up-to-date APY and term information.

Lender / Product
APY
Min Dep
Andrews Federal Credit Union
High Yield Savings Account
5.61%
$0
Andrews Federal Credit Union
High Yield Savings Account
5.50%
$0
Ukrainian Selfreliance Federal Credit Union
IRA Savings
4.08%
$50
Har-co Credit Union
Business Advantage Money Market
4.00%
$2,000
Primis Bank
Primis Savings Account
3.85%
$1
Lender / Product
APY
Min Dep
The Bank of Glen Burnie
Money Market ADVANTAGE Account or more)
3.82%
$25,000
Glen Burnie MSB
Money Market ADVANTAGE Account or more)
3.82%
$25,000
CFG Bank
CFG High Yield Money Market In Branch
3.80%
$1,000
CFG Bank
CFG High Yield Money Market Online
3.80%
$1,000
Northrop Grumman Federal Credit Union
IRA Savings 12 Month
3.79%
$0
Last Updated and Verified: March 5, 2026
What is a High-Yield Savings Account?
A high-yield savings account is a type of savings account that pays a significantly higher interest rate (APY) than standard savings accounts. These are often offered by online banks that have lower overhead costs than traditional brick-and-mortar banks.
Are online savings accounts safe?
Yes, as long as the online bank is FDIC insured. This provides the same level of protection (up to $250,000 per depositor) as a traditional bank. Always check for the FDIC logo on the bank's website.
Can I withdraw money from a savings account anytime?
Yes, but there are limits. Federal Regulation D used to limit certain withdrawals to 6 per month, though this has been suspended. However, individual banks may still enforce transaction limits or charge fees for excessive withdrawals.
Do savings rates change?
Yes, savings rates are variable and can change at any time based on the Federal Reserve's benchmark interest rates and market conditions. Unlike a CD (Certificate of Deposit), your savings rate is not locked in.

Cities in Maryland

Abell
Aberdeen
Aberdeen Proving Ground
Abingdon
Accident
Accokeek
Adamstown
Allen
Andrews Air Force Base
Annapolis
Annapolis Junction
Aquasco
Arnold
Ashton
Avenue
Baldwin
Baltimore
Barclay
Barnesville
Barstow
Barton
Beallsville
Bel Air
Bel Air South
Bel Alton
Belcamp
Beltsville
Benedict
Benson
Berlin
Bethesda
Bethlehem
Betterton
Big Pool
Bishopville
Bittinger
Bivalve
Bladensburg
Bloomington
Boonsboro
Boring
Bowie
Boyds
Bozman
Braddock Heights
Brandywine
Brentwood
Brinklow
Brookeville
Brooklandville
Brooklyn
Broomes Island
Brownsville
Brunswick
Bryans Road
Bryantown
Buckeystown
Burkittsville
Burtonsville
Bushwood
Butler
Cabin John
California
Callaway
Cambridge
Capitol Heights
Cascade
Catonsville
Cavetown
Cecilton
Centreville
Chaptico
Charlestown
Charlotte Hall
Chase
Cheltenham
Chesapeake Beach
Chesapeake City
Chester
Chestertown
Chevy Chase
Chewsville
Childs
Church Creek
Church Hill
Churchton
Churchville
Claiborne
Clarksburg
Clarksville
Clear Spring
Clements
Clinton
Cobb Island
Cockeysville
College Park
Colora
Coltons Point
Columbia
Compton
Conowingo
Cooksville
Cordova
Corriganville
Crapo
Crisfield
Crocheron
Crofton
Crownsville
Crumpton
Cumberland
Curtis Bay
Damascus
Dameron
Darlington
Davidsonville
Dayton
Deal Island
Deale
Delmar
Denton
Derwood
Dickerson
District Heights
Dowell
Drayden
Dundalk
Dunkirk
Earleville
East New Market
Easton
Eckhart Mines
Eden
Edgewater
Edgewood
Elk Mills
Elkridge
Elkton
Ellerslie
Ellicott City
Emmitsburg
Essex
Ewell
Fairmount
Fairplay
Fallston
Faulkner
Federalsburg
Finksburg
Fishing Creek
Flintstone
Forest Hill
Fork
Fort George G Meade
Fort Howard
Fort Washington
Frederick
Freeland
Friendship
Friendsville
Frostburg
Fruitland
Fulton
Funkstown
Gaithersburg
Galena
Galesville
Gambrills
Gapland
Garrett Park
Garrison
Georgetown
Germantown
Gibson Island
Girdletree
Glen Arm
Glen Burnie
Glen Echo
Glenelg
Glenn Dale
Glenwood
Glyndon
Goldsboro
Grantsville
Grasonville
Great Mills
Greenbelt
Greensboro
Gunpowder
Gwynn Oak
Hagerstown
Halethorpe
Hampstead
Hancock
Hanover
Harmans
Harwood
Havre De Grace
Hebron
Helen
Henderson
Henryton
Highland
Hillsboro
Hollywood
Hughesville
Hunt Valley
Huntingtown
Hurlock
Hyattsville
Hydes
Ijamsville
Indian Head
Ingleside
Ironsides
Issue
Jarrettsville
Jefferson
Jessup
Joppa
Keedysville
Kennedyville
Kensington
Keymar
Kingsville
Kitzmiller
Knoxville
La Plata
Ladiesburg
Lanham
Laurel
Leonardtown
Lexington Park
Libertytown
Lineboro
Linkwood
Linthicum Heights
Linwood
Lisbon
Little Orleans
Lonaconing
Long Green
Lothian
Loveville
Luke
Lusby
Lutherville Timonium
Madison
Manchester
Manokin
Marbury
Mardela Springs
Marion Station
Marriottsville
Marydel
Maryland Line
Massey
Maugansville
Mayo
Mcdaniel
McHenry
Mechanicsville
Middle River
Middletown
Midland
Midlothian
Millersville
Millington
Monkton
Monrovia
Montgomery Village
Morganza
Mount Airy
Mount Rainier
Mount Savage
Mount Victoria
Myersville
Nanjemoy
Nanticoke
Neavitt
New Market
New Midway
New Windsor
Newark
Newburg
Newcomb
North Beach
North East
Nottingham
Oakland
Ocean City
Odenton
Oldtown
Olney
Owings
Owings Mills
Oxford
Oxon Hill
Park Hall
Parkton
Parkville
Parsonsburg
Pasadena
Patuxent River
Perry Hall
Perry Point
Perryman
Perryville
Phoenix
Pikesville
Piney Point
Pinto
Pittsville
Pocomoke City
Point Of Rocks
Pomfret
Poolesville
Port Deposit
Port Republic
Port Tobacco
Potomac
Powellville
Preston
Price
Prince Frederick
Princess Anne
Pylesville
Quantico
Queen Anne
Queenstown
Randallstown
Rawlings
Rehobeth
Reisterstown
Rhodesdale
Riderwood
Ridge
Ridgely
Rising Sun
Riva
Riverdale
Rock Hall
Rock Point
Rockville
Rocky Ridge
Rohrersville
Rosedale
Royal Oak
Sabillasville
Saint Inigoes
Saint James
Saint Leonard
Saint Marys City
Saint Michaels
Salisbury
Sandy Spring
Savage
Scotland
Secretary
Severn
Severna Park
Shady Side
Sharpsburg
Sharptown
Sherwood
Showell
Silver Spring
Simpsonville
Smithsburg
Snow Hill
Solomons
Southern Md Facility
Sparks Glencoe
Sparrows Point
Spencerville
Spring Gap
Stevenson
Stevensville
Still Pond
Stockton
Street
Suburb Maryland Fac
Sudlersville
Suitland
Sunderland
Swanton
Sykesville
Takoma Park
Tall Timbers
Taneytown
Taylors Island
Temple Hills
Templeville
Thurmont
Tilghman
Toddville
Towson
Tracys Landing
Trappe
Tuscarora
Tyaskin
Tylerton
Union Bridge
Unionville
Upper Fairmount
Upper Falls
Upper Marlboro
Upperco
Valley Lee
Vienna
Waldorf
Walkersville
Warwick
Washington Grove
Welcome
Wenona
West Friendship
West River
Westernport
Westminster
Westover
Whaleyville
White Hall
White Marsh
White Plains
Whiteford
Willards
Williamsport
Windsor Mill
Wingate
Wittman
Woodbine
Woodsboro
Woodstock
Woolford
Worton
Wye Mills