Florida has third-best rates for bank depositors
Posted on February 16, 2012 at 10:08 AM EST
The average interest rate return for a bank account in Florida was the third-highest in the nation, according to a study by Market Rates Insight. The San Anselmo, Calif.-based company reported on its website that the average deposit rate in Florida in the third quarter was 0.6 percent. That trailed only Iowa at 0.8 percent and Louisiana at 0.62 percent. The national average interest rate return was 0.58 percent. Still, interest rates have been on a slide across the nation and the returns from bank accounts are much less than they were years ago...
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