Bank · FDIC insured
Silex Banking Company Savings Rates
Silex Banking Company’s best savings rate is 0.05% APY on $10,000, with its Money Market Account. Rates checked October 16, 2026.
How Silex Banking Company’s savings rates compare
Compared with banks and credit unions near St. Louis, MO-IL, where Silex Banking Company has the most branches. $10,000, best rate first.
This bank’s best
Silex Banking Company
0.05%APY
- Requires
- None
- Minimum
- $0
- Earns on $10,000 a year
- $5
Money Market Account
Top rate
JM Associates FCU
5.12%APY
- Requires
- None
- Minimum
- —
- Earns on $10,000 a year
- $512
2nd-highest rate
Citizens Bank
4.50%APY
- Requires
- Another account
- Minimum
- —
- Earns on $10,000 a year
- $450
Silex Banking Company savings score
61
Savings score
Higher than 3% of U.S. banks and credit unions
- $1,000 balance$1,0000.05%
- $10,000 balance$10,0000.05%
- $100,000 balance$100,0000.05%
- QualifiedQualified0.05%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Silex Banking Company ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Money Market Account
0.05%APY
Must present two forms of proper ID or business documents and verification of address to open an account. Interest is compounded and credited monthly.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $1,000 – $1,000,000 | 0.05% | $5 |
| $1,000,000 – $100,000,000,000 | 1.00% | — |
Sources (1)
- silexbank.com/products/checking-money-market-accounts · captured Sep 17, 2026
Special-purpose accounts
Christmas Club
0.25%APY
Designed to help customers plan for holiday spending. Payments to account can automatically be transferred from checking account. Interest compounded and credited annually. No early withdrawal allowed. Check issued in October for balance plus accrued interest.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.25% | $25 |
Sources (1)
- silexbank.com/products/club-accounts · captured Sep 17, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.