Bainbridge Island, Washington (WA) Savings Rates - March 2026
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The savings rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
The best savings rates for Bainbridge Island, Washington and the surrounding area include First Fed BankFirst Fed Bank323 High School Rd Ne, Bainbridge Island, WA 98110A+5.0 ★Texas Ratio: 1.40% Rewards Savings at 3.35% APY, Kitsap BankKitsap Bank10140 Ne High School Rd, Bainbridge Island, WA 98110A+5.0 ★Texas Ratio: 0.52% Health Savings Accounts (HSA) at 1.65% APY, Wells FargoWells Fargo1180 Hildebrand Ln Ne, Bainbridge Island, WA 98110A5.0 ★Texas Ratio: 7.44% Platinum Savings at 0.05% APY, Responders Emergency Services Credit UnionResponders Emergency Services Credit Union924 W Sinto Ave, Spokane, WA 99201 2531A+5.0 ★Texas Ratio: 0.00% Savings at 12.00% APY, and Whatcom Educational Credit UnionWhatcom Educational Credit Union600 E Holly St, Bellingham, WA 98225A+5.0 ★Texas Ratio: 4.98% First Step (Youth) Savings at 7.00% APY. Savings rates as of March 27, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Bainbridge Island, Washington, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Bainbridge Island, Washington (WA) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Bainbridge Island, Washington and the surrounding area. Last Updated and Verified: March 27, 2026
Compare the Best Savings Rates in Bainbridge Island, Washington & Surrounding Communities
Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
First Fed Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.40%
323 High School Rd Ne, Bainbridge Island, WA 98110
Rewards Savings
3.35%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
First Fed Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.40%
323 High School Rd Ne, Bainbridge Island, WA 98110
First Savings
2.25%
$1
▼
Rate2.23%
Min Deposit$1
Min Balance—
UpdatedMar 21, 2026
Details
First Fed Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.40%
323 High School Rd Ne, Bainbridge Island, WA 98110
Premium Business Savings
2.00%
$0
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
First Fed Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.40%
323 High School Rd Ne, Bainbridge Island, WA 98110
Alpine Savings
1.95%
$0
▼
Rate1.93%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
First Fed Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.40%
323 High School Rd Ne, Bainbridge Island, WA 98110
Alpine Savings
1.90%
$0
▼
Rate1.88%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Kitsap Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.52%
10140 Ne High School Rd, Bainbridge Island, WA 98110
Health Savings Accounts (HSA)
1.65%
$50
▼
Rate1.64%
Min Deposit$50
Min Balance—
UpdatedMar 27, 2026
Details
Kitsap Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.52%
10140 Ne High School Rd, Bainbridge Island, WA 98110
Health Savings Accounts (HSA)
1.10%
$50
▼
Rate1.09%
Min Deposit$50
Min Balance—
UpdatedMar 27, 2026
Details
Kitsap Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.52%
10140 Ne High School Rd, Bainbridge Island, WA 98110
Health Savings Accounts (HSA)
0.70%
$50
▼
Rate0.70%
Min Deposit$50
Min Balance—
UpdatedMar 27, 2026
Details
Kitsap Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.52%
10140 Ne High School Rd, Bainbridge Island, WA 98110
Health Savings Accounts (HSA)
0.45%
$50
▼
Rate0.45%
Min Deposit$50
Min Balance—
UpdatedMar 27, 2026
Details
Kitsap Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.52%
10140 Ne High School Rd, Bainbridge Island, WA 98110
Health Savings Accounts (HSA)
0.25%
$50
▼
Rate0.25%
Min Deposit$50
Min Balance—
UpdatedMar 27, 2026
Details
Kitsap Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.52%
10140 Ne High School Rd, Bainbridge Island, WA 98110
Health Savings Accounts (HSA)
0.10%
$50
▼
Rate0.10%
Min Deposit$50
Min Balance—
UpdatedMar 27, 2026
Details
Kitsap Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.52%
10140 Ne High School Rd, Bainbridge Island, WA 98110
Statement Savings
0.05%
$100
▼
Rate0.05%
Min Deposit$100
Min Balance—
UpdatedMar 27, 2026
Details
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
1180 Hildebrand Ln Ne, Bainbridge Island, WA 98110
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
First Fed Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.40%
323 High School Rd Ne, Bainbridge Island, WA 98110
Rewards Savings
0.05%
$25
▼
Rate0.05%
Min Deposit$25
Min Balance—
UpdatedMar 21, 2026
Details
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
1180 Hildebrand Ln Ne, Bainbridge Island, WA 98110
Retirement High Yield Savings
0.05%
$0
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
First Fed Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.40%
323 High School Rd Ne, Bainbridge Island, WA 98110
Alpine Savings
0.03%
$0
▼
Rate0.03%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
First Fed Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.40%
323 High School Rd Ne, Bainbridge Island, WA 98110
Business Savings
0.03%
$0
▼
Rate0.03%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
First Fed Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.40%
323 High School Rd Ne, Bainbridge Island, WA 98110
Premium Business Savings
0.03%
$0
▼
Rate0.03%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
First Fed Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.40%
323 High School Rd Ne, Bainbridge Island, WA 98110
Summit Savings
0.03%
$100
▼
Rate0.03%
Min Deposit$100
Min Balance—
UpdatedMar 21, 2026
Details
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
1180 Hildebrand Ln Ne, Bainbridge Island, WA 98110
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
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
1180 Hildebrand Ln Ne, Bainbridge Island, WA 98110
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
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
1180 Hildebrand Ln Ne, Bainbridge Island, WA 98110
Way2Save® Savings
0.01%
$25
▼
Rate0.01%
Min Deposit$25
Min Balance—
UpdatedMar 22, 2026
Details
$25 minimum opening deposit
Responders Emergency Services Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
924 W Sinto Ave, Spokane, WA 99201 2531
Savings
12.00%
$0
▼
Rate11.39%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Maximum Balance: $1,200
Whatcom Educational Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.98%
600 E Holly St, Bellingham, WA 98225
First Step (Youth) Savings
7.00%
$1
▼
Rate0.00%
Min Deposit$1
Min Balance—
UpdatedMar 22, 2026
Details
Qualifying balance up to $500
Whatcom Educational Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.98%
600 E Holly St, Bellingham, WA 98225
First Step Savings
7.00%
$1
▼
Rate0.00%
Min Deposit$1
Min Balance—
UpdatedMar 22, 2026
Details
Qualifying balance up to $500.00
Alaska Air Group Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.33%
2800 S 192nd St Ste 106, SEATAC, WA 98188 5164
Youth Savings
6.14%
$0
▼
Rate6.00%
Min Deposit$0
Min Balance—
UpdatedMar 16, 2026
Details
Whatcom Educational Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.98%
600 E Holly St, Bellingham, WA 98225
Stash (Emergency) Savings
6.00%
$1
▼
Rate0.00%
Min Deposit$1
Min Balance—
UpdatedMar 22, 2026
Details
Qualifying balance up to $2500.00
Red Canoe Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.75%
1418 15th Ave, Longview, WA 98632
Round Up Savings
6.00%
$0
▼
Rate5.84%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Peoples Bank (WA)
Institution Rating:
A+5.0 ★Texas Ratio: 0.39%
3100 Woburn St, Bellingham, WA 98226
Youth Savings
5.50%
$0
▼
Rate5.35%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Qualifying balance up to $1,000.00
Spokane Teachers Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.44%
1620 N Signal Dr, Liberty Lake, WA 99019
First5 Savings
5.10%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
1st Security Bank of Washington
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
734 Water St, Port Townsend, WA 98368
Business Optimum Savings
5.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Qualifying balance up to $5,000.00
Unitus Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.22%
800 SE 192nd Ave, Vancouver, WA 98683 9510
Rewards Savings
5.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Qualifying balance up to $1,000.00
TRI CITIES Community Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.36%
3213 W 19th Ave, Kennewick, WA 99337
Regular Savings
5.00%
$0
▼
Rate4.89%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
One Per Member (Primary RS Savings only) for 5%
Spokane City Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.65%
1930 N Monroe St, Spokane, WA 99205 4538
NexGen Savings
5.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Qualifying balance up to $1,000.00
1st Security Bank of Washington
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
734 Water St, Port Townsend, WA 98368
Optimum Savings
5.00%
$100
▼
Rate0.00%
Min Deposit$100
Min Balance—
UpdatedMar 26, 2026
Details
Qualifying balance up to $5,000.00
Gesa Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.63%
825 Goethals Dr, Richland, WA 99352
Explorer Savings
5.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Qualifying balance up to $500.00; Learn More
Unitus Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.22%
800 SE 192nd Ave, Vancouver, WA 98683 9510
Rewards Savings Account
5.00%
$0
▼
Rate4.89%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Full Balance
Gesa Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.63%
825 Goethals Dr, Richland, WA 99352
SmartPlus Savings
5.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Qualifying balance up to $500.00
Nordstrom Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.29%
1617 6th Ave Fl 5, Seattle, WA 98101
Youth Savings Accounts
5.00%
$0
▼
Rate4.91%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Qualifying balance up to $500.00
1st Security Bank of Washington
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
734 Water St, Port Townsend, WA 98368
Optimum Student Savings
5.00%
$25
▼
Rate0.00%
Min Deposit$25
Min Balance—
UpdatedMar 26, 2026
Details
Qualifying balance up to $5,000.00
Meriwest Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.41%
1 Microsoft Way, Redmond, WA 98052
Premier Savings
4.50%
$0
▼
Rate4.40%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Meriwest Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.41%
1 Microsoft Way, Redmond, WA 98052
Premier Savings for New Members
4.50%
$0
▼
Rate4.40%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Waterfront Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.80%
6419 Fauntleroy Way SW, Seattle, WA 98136
High-Yield Savings Account
4.07%
$0
▼
Rate2.50%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Cascade Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.26%
18020 80th Ave S, Kent, WA 98032
Youth Savings
4.06%
$0
▼
Rate4.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Verity Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.01%
18530 33rd Ave W, Lynnwood, WA 98037
Max My Savings
4.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Qualifying balance up to $50,000
Seattle Metropolitan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.24%
303 NE Thornton PL, Seattle, WA 98125
Youth Savings
4.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Qualifying balance up to $499.99
Ukrainian Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.45%
6115 NE 114th Ave, Vancouver, WA 98662
High Dividend Share Draft
4.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Qualifying balance up to $25,000.00
Ukrainian Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.45%
6115 NE 114th Ave, Vancouver, WA 98662
Personal Share Draft
4.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Qualifying balance up to $25,000.00
OnPoint Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.91%
6711 NE 63rd St, Vancouver, WA 98661
Member Savings
3.50%
$0
▼
Rate3.45%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
OnPoint Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.91%
6711 NE 63rd St, Vancouver, WA 98661
OnPoint Premium Savings
3.50%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Qualifications Required: Six qualifying transactions per month in an OnPoint checking account; Qualifying balance up to $100,000.00
Seattle Bank
Institution Rating:
C-3.7 ★Texas Ratio: 30.78%
401 Union Street, Seattle, WA 98101
Private Business Savings
3.40%
$0
▼
Rate3.34%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Seattle Bank
Institution Rating:
C-3.7 ★Texas Ratio: 30.78%
401 Union Street, Seattle, WA 98101
Private Client Savings
3.40%
$0
▼
Rate3.34%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Cornerstone Capital Bank, SSB
Institution Rating:
B+4.8 ★Texas Ratio: 17.74%
26830 Maple Valley Black Diamond Rd Se, Maple Valley, WA 98038
Digital High-Yield Savings
3.30%
$50
▼
Rate3.25%
Min Deposit$50
Min Balance—
UpdatedMar 25, 2026
Details
Seattle Metropolitan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.24%
303 NE Thornton PL, Seattle, WA 98125
High Yield Savings
3.30%
$1,000
▼
Rate0.00%
Min Deposit$1,000
Min Balance—
UpdatedMar 21, 2026
Details
deposit $25,000 in new money** within 30 days
Seattle Metropolitan Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.24%
303 NE Thornton PL, Seattle, WA 98125
High Yield Savings Account
3.30%
$1,000
▼
Rate3.25%
Min Deposit$1,000
Min Balance—
UpdatedMar 21, 2026
Details
$25,000.00 New Money within 30 days**
1st Security Bank of Washington
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
734 Water St, Port Townsend, WA 98368
Nonprofit Savings
3.25%
$2,500
▼
Rate0.00%
Min Deposit$2,500
Min Balance—
UpdatedMar 26, 2026
Details
$100,000 and greater
Idaho Central Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.09%
41 W Riverside Ave, Spokane, WA 99201
High-Yield Online Savings Account
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Solarity Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.46%
110 N 5th Ave, Yakima, WA 98902
Bonus Savings
3.05%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Qualifications Required: Sign up for eStatements; Link Bonus Savings to a Solarity checking account; Make 20 or more debit card purchases each month; Qualifying balance up to $10,000
Sound Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.49%
1331 Broadway, Tacoma, WA 98402 3410
High Yield Business Savings
3.04%
$0
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Sound Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.49%
1331 Broadway, Tacoma, WA 98402 3410
High-Yield Business Savings
3.04%
$0
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
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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.
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.
Bainbridge Island, WA Savings Rate Trends
Compare local Bainbridge Island, WA 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.
High-Yield Savings — WA Avg
0.766%
▼ 1.033 from last week
Washington high-yield savings rates fell 1.033 points this week to 0.766% APY, down from 1.799% last week.
Standard Savings — WA Avg
0.307%
▲ 0.096 from last week
Washington standard savings rates rose 0.096 points this week to 0.307% APY, up from 0.211% last week.
As of Mar 28, 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 Bainbridge Island, Washington 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 Bainbridge Island, Washington. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in WA.
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 Bainbridge Island, Washington
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 Washington, help your money grow faster through a higher APY.
Are savings accounts in Bainbridge Island, Washington 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 Washington up to $250,000 per depositor, per institution.
How often do savings rates change in Bainbridge Island, Washington?
Savings rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Washington 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 Bainbridge Island, Washington 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 Bainbridge Island, Washington?
Online banks often offer higher APYs because they have lower overhead costs. However, local banks in Bainbridge Island, Washington offer in-person customer service, which some customers prefer.
How do I open a savings account in Bainbridge Island, Washington?
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 Bainbridge Island, Washington
Here are recent savings rates observed in Bainbridge Island, Washington and the surrounding area:
- First Fed Bank
Rewards Savings — 3.35% APY - Kitsap Bank
Health Savings Accounts (HSA) — 1.65% APY - Wells Fargo
Platinum Savings — 0.05% APY - Responders Emergency Services Credit Union
Savings — 12.00% APY - Whatcom Educational Credit Union
First Step (Youth) Savings — 7.00% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Bainbridge Island, Washington. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 27, 2026
Bainbridge Island, Washington Rates & Resources
