Best Savings Account Rate Holds At 2.00%

Southern Community Bank and Trust leads our rankings of the best nationally available savings accounts for the second straight month.

The bank, which has 20 branches in North Carolina, continues to pay 2.00% APY, with no minimum balance, through its Readysaver.com Web site.

That’s considerably better than the 0.15% APY Southern Community is offering on savings accounts through its own site or branches.

Returns on the next four, top-paying savings accounts range from 1.70% APY to 1.50% APY, with minimum initial deposits as low as $1 and as high as $25,000.