Severn, Maryland (MD) Savings Rates - March 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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The best savings rates for Severn, Maryland and the surrounding area include The Bank of Glen BurnieThe Bank of Glen Burnie740 Stevenson Rd, Severn, MD 21144A+5.0 ★Texas Ratio: 4.44% Statement Savings at 0.05% APY, Wells FargoWells Fargo7846 Quarterfield Rd, Severn, MD 21144A5.0 ★Texas Ratio: 7.44% Platinum Savings at 0.05% APY, SPECTRASPECTRA1024 Saint Nicholas Dr, Waldorf, MD 20603A+5.0 ★Texas Ratio: 0.00% Brilliant Kid's Savings Account at 10.38% APY, Andrews Federal Credit UnionAndrews Federal Credit Union5711 Allentown Rd, Suitland, MD 20746A5.0 ★Texas Ratio: 11.92% Online Savings Account at 5.00% APY, and Ukrainian Selfreliance Federal Credit UnionUkrainian Selfreliance Federal Credit Union2345 Eastern Ave, Baltimore, MD 21224A+5.0 ★Texas Ratio: 1.47% IRA Savings at 4.08% APY. Savings rates as of March 27, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Severn, 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 Severn, Maryland (MD) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Severn, Maryland and the surrounding area. Last Updated and Verified: March 27, 2026
Compare the Best Savings Rates in Severn, Maryland & Surrounding Communities
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
$25 minimum opening deposit
Qualifying balance up to $1,000.00
Qualifying balance up to $1,000.00
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
Earn 3.75% APY* on Daily Balances when you Maintain an Advantage Checking Account
Guaranteed rate for the first 90 days.
Qualifying balance up to $500,000.00
$100,000.00-$249,999.99
Online Only
Bonus Rate for the first 90 days
Qualifying balance up to $19,999
Bonus Rate for the first 90 days
Bonus Rate (Relationship) for the first 90 days
Bonus Rate (Relationship) for the first 90 days
Bonus Rate for the first 90 days
No monthly or maintenance charges; Depending on your payroll amount, your summer savings will be automatically transferred bi-weekly into your checking account in the summer; Open to all 10 month employees in education - public or private, Harford County or beyond; Member must live, work, or attend school or church in Harford County or have immediate family at Har-co; $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.
Qualifying balance up to $20,000.00
Online Only
$5 minimum balance to open
Qualifying balance up to $10,000.00; ** Available to Baltimore County and Harford County school employees in the public and private sector
On balances above $25,000 and up to $50,000
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.
Severn, MD Savings Rate Trends
Compare local Severn, 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.
Maryland high-yield savings rates fell 0.181 points this week to 1.370% APY, down from 1.551% last week.
Maryland standard savings rates fell 0.639 points this week to 0.582% APY, down from 1.221% last week.
Methodology & Data Sources
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Severn, 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 Severn, 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 Severn, Maryland
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Severn, Maryland safe?
How often do savings rates change in Severn, Maryland?
Do I need a minimum deposit to open a savings account?
What is the difference between a Savings Account and a Money Market Account?
Are online banks better than local banks in Severn, Maryland?
How do I open a savings account in Severn, Maryland?
Best Savings Rates in Severn, Maryland
- The Bank of Glen Burnie
Statement Savings — 0.05% APY - Wells Fargo
Platinum Savings — 0.05% APY - SPECTRA
Brilliant Kid's Savings Account — 10.38% APY - Andrews Federal Credit Union
Online Savings Account — 5.00% APY - Ukrainian Selfreliance Federal Credit Union
IRA Savings — 4.08% APY
