Best Money Market Rates in New York (NY) - May 2026
Content reviewed by
Brian McKay
i
Editorial Disclosure
Brian McKay
Brian McKay
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Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
Current New York money market deposit account rates include Carver Federal Savings BankCarver Federal Savings Bank75 W 125th St, New York, NY 10027C3.9 ★Texas Ratio: 28.07% Money Market Accounts & High Yield Savings at 4.25% APY, UFirst Federal Credit UnionUFirst Federal Credit Union274 Rugar St, Plattsburgh, NY 12901A+5.0 ★Texas Ratio: 4.10% High-Yield Money Market Account at 4.00% APY, Citizens BankCitizens Bank1001 North St, Endicott, NY 13760A5.0 ★Texas Ratio: 8.28% Citizens Private Client® Money Market at 3.75% APY, Ridgewood Savings BankRidgewood Savings Bank7102 Forest Ave, Ridgewood, NY 11385A5.0 ★Texas Ratio: 7.75% Smart Move Money Market at 3.75% APY, and The Upstate National BankThe Upstate National Bank729 Proctor Ave, Ogdensburg, NY 13669A+5.0 ★Texas Ratio: 0.00% Money Market Deposit Account at 3.70% APY. Money market rates as of May 4, 2026 according to verified data from MonitorBankRates.
Use the tables below to compare money market rates across New York side-by-side. New York money market rates currently reach as high as 4.25% APY from Carver Federal Savings Bank at 75 W 125th St, New York, NY 10027. Rates are continually updated — we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in New York and surrounding area. Last Updated and Verified: May 4, 2026
Compare the Best Money Market Rates Today in New York
Source: Verified Money Market Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Carver Federal Savings Bank
Institution Rating:
C3.9 ★ Texas Ratio: 28.07%
75 W 125th St, New York, NY 10027
Money Market Accounts & High Yield Savings
4.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details
UFirst Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.10%
274 Rugar St, Plattsburgh, NY 12901
High Yield Money Market Account
4.00%
$0
▼
Rate4.00%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
UFirst Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.10%
274 Rugar St, Plattsburgh, NY 12901
High-Yield Money Market Account
4.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Qualifying balance up to $1,000.00
Ridgewood Savings Bank
Institution Rating:
A5.0 ★ Texas Ratio: 7.75%
7102 Forest Ave, Ridgewood, NY 11385
Smart Move Money Market
3.75%
$10,000
▼
Rate3.63%
Min Deposit$10,000
Min Balance—
UpdatedMay 4, 2026
Details
Citizens Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
1001 North St, Endicott, NY 13760
Citizens Private Client® Money Market
3.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Qualifying balance up to $25,000.00
Citizens Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
1001 North St, Endicott, NY 13760
Citizens Quest® Money Market
3.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Qualifying balance up to $25,000.00
The Upstate National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
729 Proctor Ave, Ogdensburg, NY 13669
Money Market Deposit Account
3.70%
$0
▼
Rate3.64%
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details
Visions Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.43%
3301 Country Club Rd, Endwell, NY 13760 3401
Money Market
3.60%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
For six months when you become a new member and open a Flex Money Market or Business Money Market account!
Apple Bank for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 1.54%
12 Westchester Sq, Bronx, NY 10461
Treasury Bill Indexed Money Market Account
3.55%
$0
▼
Rate3.48%
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details
Apple Bank for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 1.54%
12 Westchester Sq, Bronx, NY 10461
Apple Choice Money Market Account Preferred Rate
3.55%
$0
▼
Rate3.48%
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details
Apple Choice Banking Program
EverBank
Institution Rating:
B4.5 ★ Texas Ratio: 20.65%
1377 Motor Pkwy, Islandia, NY 11749
Business Money Market
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Patriot Bank N.A.
Institution Rating:
F2.4 ★ Texas Ratio: 45.79%
495 Central Park Ave, Scarsdale, NY 10583
Founders Money Market for Business
3.50%
$0
▼
Rate3.39%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Newtek Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.72%
13629 38th Ave, Flushing, NY 11354
Newtek Money Market
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
300 Crosspoint Pkwy, Getzville, NY 14068 1606
Money Market Special Intro rate
3.50%
$0
▼
Rate3.45%
Min Deposit$0
Min Balance—
UpdatedMay 2, 2026
Details
$15,000+
Newtek Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.72%
13629 38th Ave, Flushing, NY 11354
Business Money Market
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Patriot Bank N.A.
Institution Rating:
F2.4 ★ Texas Ratio: 45.79%
495 Central Park Ave, Scarsdale, NY 10583
Founders Money Market
3.50%
$0
▼
Rate3.39%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Newtek Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.72%
13629 38th Ave, Flushing, NY 11354
Business Money Market Account
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
No service charges or monthly fees.
Spring Bank Bronx, NY
Institution Rating:
A5.0 ★ Texas Ratio: 11.84%
69 E 167th St, Bronx, NY 10452
Money Market
3.50%
$500
▼
Rate3.44%
Min Deposit$500
Min Balance—
UpdatedMay 3, 2026
Details
Minimum Average Daily Balance to Earn APY: $500 to $999,999.99
New Millennium Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.04%
20935 Northern Blvd, Bayside, NY 11361
SMART Money Market Account
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details
$1,000,000.00 and over
Piermont Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.99%
4 Bryant Park, New York, NY 10018
Business Money Market Account
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details
International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
2 W Main St, Port Jervis, NY 12771
Premier Money Market
3.40%
$0
▼
Rate3.35%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
2 W Main St, Port Jervis, NY 12771
Money Market Account
3.35%
$0
▼
Rate3.30%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Ballston Spa National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.61%
87 Front St, Ballston Spa, NY 12020
Platinum Money Market (Personal, Business, Non-profit, Trusts, Estates)
3.35%
$10,000
▼
Rate3.30%
Min Deposit$10,000
Min Balance—
UpdatedMay 3, 2026
Details
International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
2 W Main St, Port Jervis, NY 12771
Premier Money Market
3.30%
$0
▼
Rate3.25%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
MOOG EMPLOYEES
Institution Rating:
A5.0 ★ Texas Ratio: 12.22%
7181 SENECA St, EAST AURORA, NY 14052 0018
Platinum Money Market Shares
3.30%
$0
▼
Rate3.30%
Min Deposit$0
Min Balance—
UpdatedMay 2, 2026
Details
Minimum Balance of $10,000.00 Required to Earn Dividends; Deposit cannot exceed $500,000.00
SJP Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 10.45%
341 Englewood Ave, Buffalo, NY 14223 2819
Money Market
3.30%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 17, 2026
Details
Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
1616 Broadway, Schenectady, NY 12306
Signature Money Market
3.25%
$500
▼
Rate3.21%
Min Deposit$500
Min Balance—
UpdatedMay 2, 2026
Details
Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
1616 Broadway, Schenectady, NY 12306
Money Market Accounts
3.25%
$500
▼
Rate3.21%
Min Deposit$500
Min Balance—
UpdatedMay 2, 2026
Details
Lufthansa Employee Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.10%
1065 OLD COUNTRY RD STE 215, WESTBURY, NY 11590
Money Market Account
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Unrestricted Savings Account - Interest Compounded Monthly
New Millennium Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.04%
20935 Northern Blvd, Bayside, NY 11361
SMART Money Market Account
3.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details
$500,000.00 - $999,999.99
Hanover Community Bank
Institution Rating:
A5.0 ★ Texas Ratio: 7.19%
109 Bowery, New York, NY 10002
High Value Business Money Market
3.25%
$25,000
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMay 4, 2026
Details
New money only.
International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
2 W Main St, Port Jervis, NY 12771
Premier Money Market
3.20%
$0
▼
Rate3.15%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Hanover Community Bank
Institution Rating:
A5.0 ★ Texas Ratio: 7.19%
109 Bowery, New York, NY 10002
Premium High Yield Money Market
3.10%
$25,000
▼
Rate3.06%
Min Deposit$25,000
Min Balance—
UpdatedMay 4, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
4720 Baker St, Lakewood, NY 14750 9772
Business & Public Funds Premium Money Market Savings
3.05%
$0
▼
Rate3.01%
Min Deposit$0
Min Balance—
UpdatedMay 2, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
4720 Baker St, Lakewood, NY 14750 9772
High Interest Money Market Savings
3.05%
$0
▼
Rate3.01%
Min Deposit$0
Min Balance—
UpdatedMay 2, 2026
Details
Armed Forces Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.63%
10730 Enduring Freedom Dr, Fort Drum, NY 13602
Premier Money Market
3.05%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
2 W Main St, Port Jervis, NY 12771
Money Market Account
3.05%
$0
▼
Rate3.01%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
BROADVIEW
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
256 Hoosick St, Troy, NY 12180
Money Market
3.05%
$0
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMay 2, 2026
Details
Apple Bank for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 1.54%
12 Westchester Sq, Bronx, NY 10461
Apple Choice Money Market Account
3.03%
$0
▼
Rate2.98%
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details
Apple Bank for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 1.54%
12 Westchester Sq, Bronx, NY 10461
Money Market Account
3.03%
$0
▼
Rate2.98%
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details
Pathfinder Bank
Institution Rating:
A5.0 ★ Texas Ratio: 12.40%
6611 Manlius Center Rd, East Syracuse, NY 13057
Premier Money Market Deposit Account
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
1616 Broadway, Schenectady, NY 12306
Money Market Accounts
3.00%
$500
▼
Rate2.96%
Min Deposit$500
Min Balance—
UpdatedMay 2, 2026
Details
AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
1916 Black River Blvd N, Rome, NY 13440 2430
High Rate Money Market
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMay 2, 2026
Details
Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
1616 Broadway, Schenectady, NY 12306
Signature Money Market
3.00%
$500
▼
Rate2.96%
Min Deposit$500
Min Balance—
UpdatedMay 2, 2026
Details
Kinecta Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.14%
1425 Jefferson Rd, Rochester, NY 14623
Signature Money Market (Personal)
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedApr 17, 2026
Details
Kinecta Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.14%
1425 Jefferson Rd, Rochester, NY 14623
Signature Money Market
3.00%
$500,000
▼
Rate—
Min Deposit$500,000
Min Balance—
UpdatedApr 17, 2026
Details
New Millennium Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.04%
20935 Northern Blvd, Bayside, NY 11361
SMART Money Market Account
3.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details
$250,000.00 - $499,999.99
Patriot Bank N.A.
Institution Rating:
F2.4 ★ Texas Ratio: 45.79%
495 Central Park Ave, Scarsdale, NY 10583
Money Market
3.00%
$0
▼
Rate2.92%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Ballston Spa National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.61%
87 Front St, Ballston Spa, NY 12020
Platinum Money Market (Personal, Business, Non-profit, Trusts, Estates)
3.00%
$10,000
▼
Rate2.96%
Min Deposit$10,000
Min Balance—
UpdatedMay 3, 2026
Details
Pathfinder Bank
Institution Rating:
A5.0 ★ Texas Ratio: 12.40%
6611 Manlius Center Rd, East Syracuse, NY 13057
Municipal Money Market Deposit Account
2.90%
$0
▼
Rate2.86%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
4720 Baker St, Lakewood, NY 14750 9772
Business & Public Funds Premium Money Market Savings
2.90%
$0
▼
Rate2.86%
Min Deposit$0
Min Balance—
UpdatedMay 2, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
4720 Baker St, Lakewood, NY 14750 9772
High Interest Money Market Savings
2.90%
$0
▼
Rate2.86%
Min Deposit$0
Min Balance—
UpdatedMay 2, 2026
Details
Hanover Community Bank
Institution Rating:
A5.0 ★ Texas Ratio: 7.19%
109 Bowery, New York, NY 10002
Premium High Yield Money Market
2.85%
$25,000
▼
Rate2.81%
Min Deposit$25,000
Min Balance—
UpdatedMay 4, 2026
Details
Hanover Community Bank
Institution Rating:
A5.0 ★ Texas Ratio: 7.19%
109 Bowery, New York, NY 10002
Elite High Yield Personal Money Market
2.85%
$5,000
▼
Rate—
Min Deposit$5,000
Min Balance—
UpdatedMay 4, 2026
Details
First Choice Financial Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.07%
355 Hales Mills Rd Ext, Gloversville, NY 12078 5703
Money Market
2.84%
$0
▼
Rate2.80%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Balance $1,000,000.01 + Average Daily Bal. Compound Monthly
Kinecta Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.14%
1425 Jefferson Rd, Rochester, NY 14623
Signature Money Market
2.75%
$250,000
▼
Rate—
Min Deposit$250,000
Min Balance—
UpdatedApr 17, 2026
Details
Kinecta Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.14%
1425 Jefferson Rd, Rochester, NY 14623
Signature Money Market (Personal)
2.75%
$0
▼
Rate2.72%
Min Deposit$0
Min Balance—
UpdatedApr 17, 2026
Details
North Country Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.37%
2488 State Route 11, Mooers, NY 12958
Money Market
2.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 27, 2026
Details
Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
1616 Broadway, Schenectady, NY 12306
Business Money Market
2.75%
$0
▼
Rate2.72%
Min Deposit$0
Min Balance—
UpdatedMay 2, 2026
Details
AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
1916 Black River Blvd N, Rome, NY 13440 2430
High Rate Money Market
2.75%
$0
▼
Rate2.72%
Min Deposit$0
Min Balance—
UpdatedMay 2, 2026
Details
Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
1616 Broadway, Schenectady, NY 12306
Signature Money Market
2.75%
$500
▼
Rate2.72%
Min Deposit$500
Min Balance—
UpdatedMay 2, 2026
Details
Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
1616 Broadway, Schenectady, NY 12306
Money Market Accounts
2.75%
$500
▼
Rate2.72%
Min Deposit$500
Min Balance—
UpdatedMay 2, 2026
Details
Mid-Hudson Valley Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.69%
1099 Morton Blvd, Kingston, NY 12401
Money Market
2.75%
$1,000,000
▼
Rate2.72%
Min Deposit$1,000,000
Min Balance—
UpdatedApr 18, 2026
Details
New Millennium Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.04%
20935 Northern Blvd, Bayside, NY 11361
SMART Money Market Account
2.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details
$100,000.00 - $249,999.99
BROADVIEW
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
256 Hoosick St, Troy, NY 12180
Money Market
2.75%
$0
▼
Rate2.71%
Min Deposit$0
Min Balance—
UpdatedMay 2, 2026
Details
Rondout Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.13%
300 Broadway, Kingston, NY 12401
Business Bundle Money Market Special
2.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details
Sawyer Savings Bank
Institution Rating:
A5.0 ★ Texas Ratio: 7.52%
87 Market St, Saugerties, NY 12477
Preferred Money Market
2.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details
Hanover Community Bank
Institution Rating:
A5.0 ★ Texas Ratio: 7.19%
109 Bowery, New York, NY 10002
Premium High Yield Money Market
2.75%
$25,000
▼
Rate2.71%
Min Deposit$25,000
Min Balance—
UpdatedMay 4, 2026
Details
Hanover Community Bank
Institution Rating:
A5.0 ★ Texas Ratio: 7.19%
109 Bowery, New York, NY 10002
Premium High Yield Money Market
2.60%
$25,000
▼
Rate2.56%
Min Deposit$25,000
Min Balance—
UpdatedMay 4, 2026
Details
International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
2 W Main St, Port Jervis, NY 12771
Money Market Account
2.55%
$0
▼
Rate2.52%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Apple Bank for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 1.54%
12 Westchester Sq, Bronx, NY 10461
Treasury Bill Indexed Money Market
2.53%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details
which is 70% of the indexed rate
Apple Bank for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 1.54%
12 Westchester Sq, Bronx, NY 10461
Treasury Bill Indexed Money Market Account
2.53%
$0
▼
Rate2.49%
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details
Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
1616 Broadway, Schenectady, NY 12306
Money Market Accounts
2.50%
$500
▼
Rate2.48%
Min Deposit$500
Min Balance—
UpdatedMay 2, 2026
Details
Kaleida Health Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.49%
100 High St, Buffalo, NY 14203 1126
Money Market Account
2.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 27, 2026
Details
Kinecta Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.14%
1425 Jefferson Rd, Rochester, NY 14623
Signature Money Market (Personal)
2.50%
$0
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedApr 17, 2026
Details
Kinecta Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.14%
1425 Jefferson Rd, Rochester, NY 14623
Signature Money Market
2.50%
$100,000
▼
Rate—
Min Deposit$100,000
Min Balance—
UpdatedApr 17, 2026
Details
Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
1616 Broadway, Schenectady, NY 12306
Signature Money Market
2.50%
$500
▼
Rate2.48%
Min Deposit$500
Min Balance—
UpdatedMay 2, 2026
Details
BROADVIEW
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
256 Hoosick St, Troy, NY 12180
Money Market
2.50%
$0
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMay 2, 2026
Details
Mid-Hudson Valley Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.69%
1099 Morton Blvd, Kingston, NY 12401
Money Market
2.50%
$300,000
▼
Rate2.47%
Min Deposit$300,000
Min Balance—
UpdatedApr 18, 2026
Details
$300,000
AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
1916 Black River Blvd N, Rome, NY 13440 2430
High Rate Money Market
2.50%
$0
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMay 2, 2026
Details
Ballston Spa National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.61%
87 Front St, Ballston Spa, NY 12020
Platinum Money Market (Personal, Business, Non-profit, Trusts, Estates)
2.50%
$10,000
▼
Rate2.47%
Min Deposit$10,000
Min Balance—
UpdatedMay 3, 2026
Details
Sawyer Savings Bank
Institution Rating:
A5.0 ★ Texas Ratio: 7.52%
87 Market St, Saugerties, NY 12477
Preferred Money Market
2.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details
New Millennium Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.04%
20935 Northern Blvd, Bayside, NY 11361
Money Market Account
2.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 3, 2026
Details
$500,000.01 and over
Inner Lakes Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.86%
19 21 E Main St, Westfield, NY 14787 1319
Money Market
2.48%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 25, 2026
Details
As High As
SUMA Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 12.20%
125 Corporate Blvd, Yonkers, NY 10701
Money Market & Up
2.43%
$250,000
▼
Rate2.40%
Min Deposit$250,000
Min Balance—
UpdatedApr 18, 2026
Details
$250,000
North Country Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.37%
2488 State Route 11, Mooers, NY 12958
Money Market
2.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 27, 2026
Details
Mid-Hudson Valley Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.69%
1099 Morton Blvd, Kingston, NY 12401
Money Market
2.25%
$100,000
▼
Rate2.23%
Min Deposit$100,000
Min Balance—
UpdatedApr 18, 2026
Details
$100,000
Hudson Valley Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.95%
2373 South Rd, Poughkeepsie, NY 12601 5585
Business Tiered Money Market Accounts Fifth Tier
2.25%
$0
▼
Rate2.22%
Min Deposit$0
Min Balance—
UpdatedMay 2, 2026
Details
AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
1916 Black River Blvd N, Rome, NY 13440 2430
Health Savings Account (HSA) Money Market
2.23%
$0
▼
Rate2.25%
Min Deposit$0
Min Balance—
UpdatedMay 2, 2026
Details
SUMA Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 12.20%
125 Corporate Blvd, Yonkers, NY 10701
Money Market
2.18%
$100,000
▼
Rate2.15%
Min Deposit$100,000
Min Balance—
UpdatedApr 18, 2026
Details
$100,000 - $249,999
State CS Employees Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.81%
Dulles State Office Building, WATERTOWN, NY 13601
Money Market Accounts
2.15%
$0
▼
Rate2.13%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
Parks Heritage Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.42%
5 Murray St, Glens Falls, NY 12801
Money Market Tier 4
2.15%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
North Country Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.37%
2488 State Route 11, Mooers, NY 12958
Money Market
2.10%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 27, 2026
Details
Northern Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.98%
138 Factory St, Watertown, NY 13601 1958
Business Money Market Account In NY
2.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 2, 2026
Details
AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
1916 Black River Blvd N, Rome, NY 13440 2430
High Rate Money Market
2.00%
$0
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMay 2, 2026
Details
Hudson Valley Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.95%
2373 South Rd, Poughkeepsie, NY 12601 5585
Business Tiered Money Market Accounts Fourth Tier
2.00%
$0
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMay 2, 2026
Details
AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
1916 Black River Blvd N, Rome, NY 13440 2430
Health Savings Account (HSA) Money Market
1.98%
$0
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedMay 2, 2026
Details
Kaleida Health Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.49%
100 High St, Buffalo, NY 14203 1126
Money Market Account
1.90%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 27, 2026
Details
Parks Heritage Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.42%
5 Murray St, Glens Falls, NY 12801
Money Market Tier 3
1.90%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
State CS Employees Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.81%
Dulles State Office Building, WATERTOWN, NY 13601
Money Market Accounts
1.90%
$0
▼
Rate1.89%
Min Deposit$0
Min Balance—
UpdatedApr 18, 2026
Details
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MonitorBankRates
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. Rates reflect recent market quotes and representative offers available to depositors in New York and the surrounding area.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.
New York Money Market Rate Trends
Compare local New York money market quotes against the statewide average
Daily money market rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
High-Yield MMA — NY Avg
3.309%
▲ 0.005 vs 7 days ago
New York high-yield MMA rates rose 0.005 points over the past 7 days to 3.309% APY.
Standard MMA — NY Avg
0.611%
▼ 0.061 vs 7 days ago
New York standard MMA rates fell 0.061 points over the past 7 days to 0.611% APY.
As of May 5, 2026 • Rate data sourced from 8,500+ monitored institutions
Powered by MonitorBankRates
Methodology & Data Sources
Direct-Sourced & Verified Money Market Rate Data: We aggregate money market deposit account rates for New York directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every money market rate displayed on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in New York. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in NY.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update money market rates daily. Because MMA yields can fluctuate rapidly based on market conditions, every product listed features its own specific “last updated” date, giving you complete transparency.
Frequently Asked Questions about Money Market Accounts in New York
What is a Money Market Account (MMA)?
A Money Market Account (MMA), formally known as a money market deposit account (MMDA), is a type of deposit account that often pays higher interest rates than standard savings accounts. They usually come with check-writing privileges and debit card access, offering a balance of growth and liquidity for savers in New York.
Are Money Market accounts in New York safe?
Yes, as long as the institution is FDIC insured (for banks) or NCUA insured (for credit unions). This provides federal protection for your deposits in New York up to $250,000 per depositor, per institution.
How often do MMA rates change in New York?
Money market rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local New York rate tables daily to ensure you see the most current high-yield options.
Can I write checks from a Money Market Account?
Yes, most Money Market Accounts allow you to write a limited number of checks or make debit card transactions each month (typically up to 6), making them more flexible than a standard savings account.
How much do I need to deposit to open a money market account in New York?
Minimum deposit requirements vary widely. Some online money market deposit accounts can be opened with no minimum, while many banks and credit unions in New York require an initial deposit of $1,000 to $2,500 to earn the highest advertised APY. Larger deposits often unlock higher rate tiers, and FDIC or NCUA insurance protects deposits up to $250,000 per depositor, per institution.
Best Money Market Rates in New York
Here are some of the highest money market account APYs currently available in New York:
- Carver Federal Savings Bank
Money Market Accounts & High Yield Savings — 4.25% APY - UFirst Federal Credit Union
High-Yield Money Market Account — 4.00% APY - Citizens Bank
Citizens Private Client® Money Market — 3.75% APY - Ridgewood Savings Bank
Smart Move Money Market — 3.75% APY - The Upstate National Bank
Money Market Deposit Account — 3.70% APY
Money Market Rates reflect actual verified offers from banks and credit unions actively accepting deposits in New York. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: May 4, 2026
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