Compare the Best Local Rates

Nantucket 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 Nantucket 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 Nantucket, MA, split up by credit unions and banks. Did your financial institution make the list?

Nantucket Banks with the Highest Savings Rates

  • Bank of Cape Cod: 0.5%
  • Cape Cod Five Cents Savings Bank: 0.3%

Credit Unions in Nantucket with the Best Savings Interest Rates

Southcoast Health System Credit Union: 0.25%

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