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Maryland Savings Rate Trends

Frederick, Maryland (MD) Savings Rates - March 2026

The best savings rates for Frederick, Maryland and the surrounding area include Presidential BankPresidential Bank14 W Patrick St, Frederick, MD 21701A5.0 ★Texas Ratio: 9.69% Advantage Savings at 3.75% APY, PNC BankPNC Bank1305 W 7th St, Frederick, MD 21702A5.0 ★Texas Ratio: 6.83% PNC High Yield SavingsĀ® at 3.25% APY, Capital One BankCapital One Bank1305 W 7th St, Frederick, MD 21702A5.0 ★Texas Ratio: 10.41% 360 Performance Savings at 3.20% APY, State Employees Credit UnionState Employees Credit Union5110 Buckeystown Pike, Frederick, MD 21704A+5.0 ★Texas Ratio: 5.38% Share Account at 1.59% APY, and Atlantic Union BankAtlantic Union Bank30 W Patrick St, Frederick, MD 21701A+5.0 ★Texas Ratio: 1.56% IRA Variable Rate Savings at 0.25% APY. Savings rates as of March 25, 2026 according to verified data from MonitorBankRates.

To see how these savings rates in Frederick, Maryland, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Frederick, Maryland (MD) are continually updated — we recommend checking back frequently.

Savings rates reflect recent market quotes and representative offers available to depositors in Frederick, Maryland and the surrounding area. Last Updated and Verified: March 25, 2026

Compare the Best Savings Rates in Frederick, Maryland & Surrounding Communities

Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Presidential Bank
Institution Rating:
A5.0 ★Texas Ratio: 9.69%
14 W Patrick St, Frederick, MD 21701
Advantage Savings
3.75%
$5,000
Rate0.00%
Min Deposit$5,000
Min Balance
UpdatedMar 21, 2026
Details

Earn 3.75% APY* on Daily Balances when you Maintain an Advantage Checking Account

PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
1305 W 7th St, Frederick, MD 21702
PNC High Yield SavingsĀ®
3.25%
$0
Rate3.20%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Capital One Bank
Institution Rating:
A5.0 ★Texas Ratio: 10.41%
1305 W 7th St, Frederick, MD 21702
360 Performance Savings
3.20%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

State Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.38%
5110 Buckeystown Pike, Frederick, MD 21704
Share Account
1.59%
$0
Rate1.60%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

State Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.38%
5110 Buckeystown Pike, Frederick, MD 21704
Share Account
1.39%
$0
Rate1.40%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

State Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.38%
5110 Buckeystown Pike, Frederick, MD 21704
Share Account
1.19%
$0
Rate1.20%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

State Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.38%
5110 Buckeystown Pike, Frederick, MD 21704
Share Account
1.00%
$0
Rate1.00%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

State Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.38%
5110 Buckeystown Pike, Frederick, MD 21704
Share Account
0.75%
$0
Rate0.75%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Presidential Bank
Institution Rating:
A5.0 ★Texas Ratio: 9.69%
14 W Patrick St, Frederick, MD 21701
Premier Savings
0.50%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Earn 0.50% APY* on Daily Balances up to $35,000

State Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.38%
5110 Buckeystown Pike, Frederick, MD 21704
Share Account
0.50%
$0
Rate0.50%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

State Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.38%
5110 Buckeystown Pike, Frederick, MD 21704
Business Savings
0.35%
$0
Rate0.35%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Atlantic Union Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.56%
30 W Patrick St, Frederick, MD 21701
IRA Variable Rate Savings
0.25%
$0
Rate0.25%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

Atlantic Union Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.56%
30 W Patrick St, Frederick, MD 21701
Health Savings Account
0.20%
$0
Rate0.20%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

Patriot Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.86%
5099 Corporate Dr, Frederick, MD 21703
Share Savings (Primary Share, Secondary Share, Escrow Share, Accumulative Roth/Traditional IRA Share)
0.20%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Nymeo Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.40%
5210 Chairmans Ct, FREDERICK, MD 21703
Share Savings Account
0.20%
$0
Rate0.20%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Patriot Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.86%
5099 Corporate Dr, Frederick, MD 21703
Christmas Club Share
0.20%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Disbursement October 1st

Patriot Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.86%
5099 Corporate Dr, Frederick, MD 21703
Vacation Club Share
0.20%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

ACNB Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.71%
2 N Market St, Frederick, MD 21701
Companion Savings Account
0.15%
$1,000
Rate0.00%
Min Deposit$1,000
Min Balance
UpdatedMar 24, 2026
Details

State Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.38%
5110 Buckeystown Pike, Frederick, MD 21704
Holiday Savings
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

State Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.38%
5110 Buckeystown Pike, Frederick, MD 21704
Coverdell Education Savings Account
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Nymeo Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.40%
5210 Chairmans Ct, FREDERICK, MD 21703
Share Savings Account
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

$10 fee assessed monthly if balance falls under $1,500.

State Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.38%
5110 Buckeystown Pike, Frederick, MD 21704
IRA Savings
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

State Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.38%
5110 Buckeystown Pike, Frederick, MD 21704
Share Savings
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Atlantic Union Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.56%
30 W Patrick St, Frederick, MD 21701
Health Savings Account
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

Atlantic Union Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.56%
30 W Patrick St, Frederick, MD 21701
Personal Savings
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

Atlantic Union Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.56%
30 W Patrick St, Frederick, MD 21701
PRISM Savings
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

Fulton Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.98%
5211 Presidents Ct, Frederick, MD 21703
Health Savings Account
0.07%
$0
Rate0.07%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

$14,999.01 +

Nymeo Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.40%
5210 Chairmans Ct, FREDERICK, MD 21703
Share Savings Account
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

$10 fee assessed monthly if balance falls under $1,500.

Fulton Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.98%
5211 Presidents Ct, Frederick, MD 21703
Health Savings Account
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

$4,999.01 - $14,999

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
7860 Wormans Mill Rd, Frederick, MD 21701
Retirement High Yield Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
7860 Wormans Mill Rd, Frederick, MD 21701
Platinum Savings
0.05%
$25
Rate0.05%
Min Deposit$25
Min Balance
UpdatedMar 22, 2026
Details

Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit

Atlantic Union Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.56%
30 W Patrick St, Frederick, MD 21701
Health Savings Account
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

Fulton Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.98%
5211 Presidents Ct, Frederick, MD 21703
Health Savings Account
0.04%
$0
Rate0.04%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

$999.01 - $4,999

PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
1305 W 7th St, Frederick, MD 21702
Standard Savings
0.03%
$0
Rate0.03%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
7860 Wormans Mill Rd, Frederick, MD 21701
Platinum Savings
0.02%
$25
Rate0.02%
Min Deposit$25
Min Balance
UpdatedMar 22, 2026
Details

Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit

Fulton Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.98%
5211 Presidents Ct, Frederick, MD 21703
Statement Savings
0.02%
$0
Rate0.02%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Fulton Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.98%
5211 Presidents Ct, Frederick, MD 21703
Health Savings Account
0.02%
$0
Rate0.02%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

$100 - $999

PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
1305 W 7th St, Frederick, MD 21702
Standard Savings
0.02%
$0
Rate0.02%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Atlantic Union Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.56%
30 W Patrick St, Frederick, MD 21701
Deluxe Savings Club (with auto debit)
0.01%
$0
Rate0.01%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
7860 Wormans Mill Rd, Frederick, MD 21701
Way2SaveĀ® Savings
0.01%
$25
Rate0.01%
Min Deposit$25
Min Balance
UpdatedMar 22, 2026
Details

$25 minimum opening deposit

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
7860 Wormans Mill Rd, Frederick, MD 21701
Platinum Savings
0.01%
$25
Rate0.01%
Min Deposit$25
Min Balance
UpdatedMar 22, 2026
Details

Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit

Nymeo Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.40%
5210 Chairmans Ct, FREDERICK, MD 21703
Share Savings Account
0.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

SPECTRA
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
1024 Saint Nicholas Dr, Waldorf, MD 20603
Brilliant Kid's Savings Account
10.38%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Qualifying balance up to $1,000.00

Andrews Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.92%
5711 Allentown Rd, Suitland, MD 20746
Online Savings Account
5.00%
$0
Rate4.89%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

Qualifying balance up to $1,000.00

Ukrainian Selfreliance Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.47%
2345 Eastern Ave, Baltimore, MD 21224
IRA Savings
4.08%
$0
Rate4.00%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Primis Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.80%
14804 Pratt St, Upper Marlboro, MD 20772
Primis Business Savings
4.00%
$1
Rate3.93%
Min Deposit$1
Min Balance
UpdatedMar 24, 2026
Details

REFUNDS on [all originating wire fees](https://primisbank.com/limits/#ACH-Limits) other banks charge you to send Primis wires + $10 just because.; Online Only

Capital Area Realtors Federal Credit Union
Institution Rating:
B-4.4 ★Texas Ratio: 22.37%
15201 Diamondback Dr, Rockville, MD 20850 3312
Savings Account
3.79%
$100
Rate0.10%
Min Deposit$100
Min Balance
UpdatedMar 25, 2026
Details

Market USA Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.88%
8871 Gorman Rd, Laurel, MD 20723 5877
High-Yield VIP Savings
3.75%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

BayVanguard Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.54%
304 High St, Cambridge, MD 21613
Business Premier Money Market Savings
3.73%
$10,000
Rate0.00%
Min Deposit$10,000
Min Balance
UpdatedMar 25, 2026
Details

Guaranteed rate for the first 90 days.

EagleBank
Institution Rating:
A+5.0 ★Texas Ratio: 5.93%
7500 Old Georgetown Rd, Bethesda, MD 20814
Eagle High-Yield Savings Account
3.70%
$0
Rate3.63%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

Qualifying balance up to $500,000.00

Lafayette Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.75%
7741 TUCKERMAN LN, POTOMAC, MD 20854 3266
Premier Savings Accounts
3.56%
$0
Rate3.50%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Lafayette Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.75%
7741 TUCKERMAN LN, POTOMAC, MD 20854 3266
Premier Savings Accounts
3.46%
$0
Rate3.40%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

Dexsta Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.79%
975 E Pulaski Hwy, Elkton, MD 21921 6357
High Yield Savings
3.45%
$0
Rate3.40%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

$100,000.00-$249,999.99

Forbright
Institution Rating:
A-5.0 ★Texas Ratio: 15.52%
1700 Rockville Pike, Rockville, MD 20852
Bright Business Savings
3.45%
$250
Rate3.40%
Min Deposit$250
Min Balance
UpdatedMar 20, 2026
Details

WSSC Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.05%
14501 Sweitzer Ln, Laurel, MD 20707
Youth Savings
3.44%
$0
Rate3.40%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Lafayette Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.75%
7741 TUCKERMAN LN, POTOMAC, MD 20854 3266
Premier Savings Accounts
3.35%
$0
Rate3.30%
Min Deposit$0
Min Balance
UpdatedMar 20, 2026
Details

USALLIANCE
Institution Rating:
B4.5 ★Texas Ratio: 21.07%
1801 Research Blvd, Rockville, MD 20850
High Dividend Savings
3.30%
$0
Rate3.25%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Andrews Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.92%
5711 Allentown Rd, Suitland, MD 20746
High Yield Savings Account
3.25%
$0
Rate3.20%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

Lafayette Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.75%
7741 TUCKERMAN LN, POTOMAC, MD 20854 3266
IRA Savings Account
3.25%
$50
Rate3.20%
Min Deposit$50
Min Balance
UpdatedMar 20, 2026
Details

Lafayette Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.75%
7741 TUCKERMAN LN, POTOMAC, MD 20854 3266
Preferred Savings Accounts
3.25%
$20,000
Rate3.20%
Min Deposit$20,000
Min Balance
UpdatedMar 20, 2026
Details

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.

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

Frederick, MD Savings Rate Trends

Compare local Frederick, MD savings rate quotes against the statewide average

Weekly savings rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.

View Full Maryland Savings Trends →
High-Yield Savings — MD Avg
1.370%
▼ 0.112 from last week

Maryland high-yield savings rates fell 0.112 points this week to 1.370% APY, down from 1.482% last week.

Standard Savings — MD Avg
0.600%
▼ 0.765 from last week

Maryland standard savings rates fell 0.765 points this week to 0.600% APY, down from 1.365% last week.

As of Mar 26, 2026 • Rate data sourced from 8,500+ monitored institutions Powered by MonitorBankRates

Methodology & Data Sources

Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Frederick, Maryland directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every savings rate displayed on MonitorBankRates.com is highly accurate and trustworthy.

Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in Frederick, Maryland. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in MD.

Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly, every product listed features its own specific “last updated” date, giving you complete transparency.

Frequently Asked Questions about Savings Accounts in Frederick, Maryland

What is a High-Yield Savings Account (HYSA)?

A High-Yield Savings Account (HYSA) typically pays significantly higher interest than standard accounts at national brick-and-mortar banks. These accounts, often found at online banks or local credit unions in Maryland, help your money grow faster through a higher APY.

Are savings accounts in Frederick, Maryland safe?

Yes, as long as the institution is FDIC insured (for banks) or NCUA insured (for credit unions). This provides federal protection for your deposits in Maryland up to $250,000 per depositor, per institution.

How often do savings rates change in Frederick, Maryland?

Savings rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Maryland rate tables daily to ensure you see the most current high-yield options.

Do I need a minimum deposit to open a savings account?

It depends on the bank. Many online high-yield savings accounts have no minimum deposit requirement, while some traditional banks in Frederick, Maryland may require $25–$100 to open an account.

What is the difference between a Savings Account and a Money Market Account?

Both pay interest and are federally insured. Money Market Accounts (MMAs) often come with check-writing privileges or a debit card, making them more flexible, whereas standard savings accounts typically do not.

Are online banks better than local banks in Frederick, Maryland?

Online banks often offer higher APYs because they have lower overhead costs. However, local banks in Frederick, Maryland offer in-person customer service, which some customers prefer.

How do I open a savings account in Frederick, Maryland?

You can open a savings account online or in-person. You will generally need a government-issued ID, your Social Security number, and an initial deposit to get started.

Best Savings Rates in Frederick, Maryland

Here are recent savings rates observed in Frederick, Maryland and the surrounding area:
  • Presidential Bank
    Advantage Savings — 3.75% APY
  • PNC Bank
    PNC High Yield SavingsĀ® — 3.25% APY
  • Capital One Bank
    360 Performance Savings — 3.20% APY
  • State Employees Credit Union
    Share Account — 1.59% APY
  • Atlantic Union Bank
    IRA Variable Rate Savings — 0.25% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Frederick, Maryland. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 25, 2026