Compare Savings Rates in New York, New York – March 2026
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Brian McKay
Brian McKayFounder & Data ArchitectExpertise
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
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Current New York, New York Savings Rates and MMA RatesApple Bank for Savings is offering a Apple Bank SmartStart Savings Account in New York, New York with an APY of 5.00%. Apple Bank for Savings is offering a High Yield Savings in New York, New York with an APY of 5.00%. Current rates from FourLeaf Federal Credit Union include a Student Savings at 5.00% APY. Carver Federal Savings Bank has a High Yield Online Savings available at 4.25% APY (min deposit $0). Find the best savings and money market rates in New York, NY today. Our real-time rate table below compares offers from top lenders to help you grow your savings. Whether you are looking for a traditional savings account or a high-yield option in NY, comparing APYs is the best way to maximize your interest earnings. The following rates reflect recent market quotes and representative offers available to New York depositors. Actual savings rates may vary by financial institution and market conditions.
Last Updated and Verified: March 7, 2026
Savings Rates in New York, NY and Area
Rates shown are recent market averages and representative quotes. Actual rates may vary.
Last Updated and Verified: March 7, 2026
Best New York, NY and Area Savings Rates & Money Market RatesBank / Credit Union
Product
APY
Min Deposit
Apple Bank for Savings New York, NY
Apple Bank SmartStart Savings Account
5.00%
$0
▼
Rate 5.00%
Min Deposit $0
Last Updated 03/07/2026
Details
Earns 4.88% interest rate, 5.00% APY on balances $1.01 - $10,000
Apple Bank for Savings New York, NY
High Yield Savings
5.00%
$0
▼
Rate 5.00%
Min Deposit $0
Last Updated 03/07/2026
Details
Minimum to Open:
FourLeaf Federal Credit Union New York, NY
Student Savings
5.00%
$0
▼
Rate 5.00%
Min Deposit $0
Last Updated 03/07/2026
Details
Balances $0.00 - $1,000.00
Carver Federal Savings Bank New York, NY
High Yield Online Savings
4.25%
$0
▼
Rate 4.25%
Min Deposit $0
Last Updated 03/07/2026
Details
Carver Federal Savings Bank New York, NY
Money Market Accounts & High Yield Savings
4.25%
$0
▼
Rate 4.25%
Min Deposit $0
Last Updated 03/07/2026
Details
Carver Federal Savings Bank New York, NY
High Yield Online Savings Account
4.00%
$0
▼
Rate 4.00%
Min Deposit $0
Last Updated 03/07/2026
Details
Carver Federal Savings Bank New York, NY
High Yield Savings
4.00%
$5,000
▼
Rate 4.00%
Min Deposit $5,000
Last Updated 03/07/2026
Details
**Exclusive online**
Apple Bank for Savings New York, NY
High Yield Savings
3.75%
$0
▼
Rate 3.75%
Min Deposit $0
Last Updated 03/07/2026
Details
Minimum to Open: $5,000; Minimum for Interest: $1-$49,999.99
Apple Bank for Savings New York, NY
My Reserve Savings Account
3.75%
$0
▼
Rate 3.75%
Min Deposit $0
Last Updated 03/07/2026
Details
New Money Only
Royal Business Bank New York, NY
New Year Flexible Savings Account
3.75%
$0
▼
Rate 3.75%
Min Deposit $0
Last Updated 03/07/2026
Details
no restriction to Deposit or Withdraw
The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here. Methodology & Data SourcesDirect-Sourced & Verified Savings Rate Data: We aggregate savings account rates for New York, New York directly from the official websites of banks and credit unions using a combination of our proprietary rate aggregation technology and a dedicated team of rate updaters. By pulling this data straight from the institutions' own digital properties and manually verifying the yields daily, we ensure that every savings rate displayed on savingsaccount.monitorbankrates.com is highly accurate and trustworthy. Local, Regional, and National Coverage: Our systems and team constantly monitor the market to provide a complete picture of available yields in New York, New York. We feature a comprehensive mix of financial institutions, allowing you to easily compare localized savings rates from neighborhood credit unions, competitive offers from mid-sized regional banks, and high-yield savings accounts from large national institutions available to savers in NY. Daily Updates & Time-Stamped Accuracy: To maintain the highest level of data integrity, our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly based on market conditions, every single savings product listed on our platform features its own specific "last updated" date. This gives you absolute transparency into exactly when that specific yield was confirmed.
Disclaimer: Savings rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions in New York, New York.
It is always advisable to check with the specific financial institution's official website for the most current offers and terms.
Last Updated and Verified: March 7, 2026
How to Find the Best Savings Account in New York, New York
Frequently Asked Questions for New York, New York
What are the current savings rates in New York, New York and the surrounding area ▼
Below is a list of current savings and money market rates available for New York, New York. We track lenders daily to provide the most up-to-date APY and term information.
Lender / Product APY Min Dep Apple Bank for Savings
Apple Bank SmartStart Savings Account
5.00%
$0
Apple Bank for Savings
High Yield Savings
5.00%
$0
FourLeaf Federal Credit Union
Student Savings
5.00%
$0
Carver Federal Savings Bank
High Yield Online Savings
4.25%
$0
Carver Federal Savings Bank
Money Market Accounts & High Yield Savings
4.25%
$0
Lender / Product APY Min Dep Carver Federal Savings Bank
High Yield Online Savings Account
4.00%
$0
Carver Federal Savings Bank
High Yield Savings
4.00%
$5,000
Apple Bank for Savings
High Yield Savings
3.75%
$0
Apple Bank for Savings
My Reserve Savings Account
3.75%
$0
Royal Business Bank
New Year Flexible Savings Account
3.75%
$0
Last Updated and Verified: March 7, 2026
What is a High-Yield Savings Account? ▼
A high-yield savings account is a type of savings account that pays a significantly higher interest rate (APY) than standard savings accounts. These are often offered by online banks that have lower overhead costs than traditional brick-and-mortar banks.
Are online savings accounts safe? ▼
Yes, as long as the online bank is FDIC insured. This provides the same level of protection (up to $250,000 per depositor) as a traditional bank. Always check for the FDIC logo on the bank's website.
Can I withdraw money from a savings account anytime? ▼
Yes, but there are limits. Federal Regulation D used to limit certain withdrawals to 6 per month, though this has been suspended. However, individual banks may still enforce transaction limits or charge fees for excessive withdrawals.
Do savings rates change? ▼
Yes, savings rates are variable and can change at any time based on the Federal Reserve's benchmark interest rates and market conditions. Unlike a CD (Certificate of Deposit), your savings rate is not locked in.
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