Best Savings Account Yields and Money Market Yields in New York (NY)

We searched our savings rate tables to find the best savings account yields and money market account yield in the state of New York. The highest savings account rate and yield is from Sallie Mae Bank. Sallie Mae Bank’s High Yield Online Savings Account Rate is 1.39 percent with an annual percentage yield (APY) of 1.40 percent. The minimum opening savings account balance is $1.

Find the best savings account yields and money market account yields by using our savings/mma yield tables at SavingsAccount.MonitorBankRates.com.




Capital One Direct Banking and Discover Bank have the second highest savings account yield on our rate table for NY. Both bank’s current online savings account rate is 1.34 percent with an APY of 1.35 percent. Discover Bank has a minimum opening online savings account balance of $500 and Capital One Direct Banking's minimum is $2,500.

American Express Bank and Sterling National Bank are tied for third on the list of best savings account yields and money market account yields. Both bank's current savings account rate is 1.29 percent with an APY of 1.30 percent. American Express doesn't have a minimum opening deposit and Sterling National Bank's minimum opening deposit is $2,500.

Best Savings Account Yields & Money Market Account Yields in NY 



  • Sallie Mae 1.40% APY Min $ 1 

  • Discover Bank 1.35% APY Min $500 

  • Capital One Direct Banking 1.35% APY Min $2500 

  • American Express Bank FSB 1.30% APY Min $ 0 

  • Sterling National Bank 1.30% APY Min $2500 Account can be opened either online or in the branch. New money required. Expires on September 1, 2010.

  • Ally Bank 1.29% APY Min $ 1 

  • EverBank 1.26% APY Min $ 1

  • Nationwide Bank 1.20% APY Min $2000 

  • Giantbank.com 1.16% APY Min $1000 

  • Zions Bank 1.11% APY Min $2500 

  • Broadway National Bank 1.11% APY Min $1000 

  • FNBO DIRECT 1.10% APY Min $ 1 

  • ING DIRECT 1.10% APY Min $ 1 

  • HSBC Advance 1.10% APY Min $ 1 

  • Salem Five Direct 1.10% APY Min $ 1 Must have a checking account.

  • Maspeth Federal S&L 1.10% APY Min $250 

  • Flagstar Bank 1.06% APY Min $ 1 

  • Allstate Bank 1.01% APY Min $100 

  • OneUnited Bank 1.01% APY Min $1000 Available to Internet customers only.

  • First Internet Bank of IN 1.00% APY Min $100 

  • EmigrantDirect.com 1.00% APY Min $ 1 

  • Marathon National Bank 1.00% APY Min $2500 

  • Bank of Internet USA 0.90% APY Min $100 

  • Intervest National Bank 0.88% APY Min $2500 

  • Citibank 0.80% APY Min $ 1 

  • Ridgewood Savings Bank 0.80% APY Min $ 1 

  • Bay Ridge Federal Credit Union 0.75% APY Min $ 1 Must have direct deposit.

  • Emigrant Savings Bank 0.75% APY Min $100 

  • M&T Bank 0.75% APY Min $ 1 

  • Community Fed Svngs Bank 0.75% APY Min $200 

  • Cross County Federal Savings 0.75% APY Min $ 1 

  • Bank of Smithtown 0.75% APY Min $ 1 Must have or open a

  • Smithtown Checking account. Internet Only.

  • Banco Popular 0.65% APY Min $2500 Must have a checking account.

  • State Bank Long Island 0.60% APY Min $2500 

  • AIG Bank 0.58% APY Min $2500 

  • Ameriprise Bank FSB 0.55% APY Min $ 1 

  • Flatbush Federal S&L 0.53% APY Min $500 

  • Amalgamated Bank 0.50% APY Min $ 1 

  • Ponce de Leon FSB 0.50% APY Min $500 

  • First Central Savings Bank 0.50% APY Min $250 

  • American Community Bank 0.50% APY Min $ 1 

  • Eastbank 0.50% APY Min $250 

  • Carver Federal Savings Bank 0.50% APY Min $ 1 


You can always find the best rates at MonitorBankRates.com.
 
Author: Jason P. Jones
July 13th, 2010