Banks in Arkansas with the Best Interest Rates Today

When searching for the best Arkansas interest rates, there are actually several different types of financial institutions where you can look like community banks, credit unions, national banks and online institutions. So why not begin your search close to home with the local banks in your area? These small organizations tend to offer higher rates than larger banks and chains. The following is a look at the highest rates from local banks specifically.

Best Arkansas Bank Savings Rates

Finding a savings account in Arkansas with a high interest rate will help you make the most out of your deposits. The community banks in Arkansas with the best savings rates today are:

• The Bank of Fayetteville: 0.75%
• First National Bank Arkansas: 0.5%
• National Bank of Arkansas in North Little Rock: 0.45%

Top CD Rates from Arkansas Banks

A certificate of deposit (CD) is like a savings account, but you keep your money on deposit for a set period of time in exchange for higher interest rates. The term is how long that deposit period is–generally, the longer the term, the higher the rate. Here are the best bank rates for various CD accounts in Arkansas.

6-Month CD

• First National Bank Arkansas: 1%
• The First National Bank of Izard County: 0.8%
• Eagle Bank and Trust Company: 0.76%

• First National Bank Arkansas: 1.2%
• Eagle Bank and Trust Company: 1.02%
• The First National Bank of Lawrence County at Walnut Ridge: 1%

• First National Bank Arkansas: 1.46%
• Summit Bank - Arkansas: 1.45%
• The First National Bank of Izard County: 1.41%

The above rates are accurate as of June 14, 2011 but are subject to change at any time. Please contact individual banks to verify rates before opening an account. To see a comprehensive list of all the financial institutions in the state, visit our Arkansas Banks List.