Rochester, New York Money Market Rates - October 2026
Brian McKay
Brian McKay
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Rochester, New York money market account rates range from 0.05% to 3.70% APY, verified by MonitorBankRates as of October 14, 2026. Current Rochester, New York and the surrounding area money market deposit account rates include The Upstate National BankThe Upstate National Bank150 State St Fl 3, Rochester, NY 14614A+5.0 ★Texas Ratio: 0.00%Real return: +0.90%APY minus 2.8% CPI (February 2026) Business Money Market Deposit Account at 3.70% APY, Kinecta Federal Credit UnionKinecta Federal Credit Union1425 Jefferson Rd, Rochester, NY 14623A+5.0 ★Texas Ratio: 3.82%Real return: +0.70%APY minus 2.8% CPI (February 2026) Signature Money Market at 3.50% APY, Ukrainian Federal Credit UnionUkrainian Federal Credit Union824 E Ridge Rd, Rochester, NY 14621A5.0 ★Texas Ratio: 10.53%Real return: +0.50%APY minus 2.8% CPI (February 2026) Business Money Market at 3.30% APY, Visions Federal Credit UnionVisions Federal Credit Union1130 E Main St, Rochester, NY 14609A+5.0 ★Texas Ratio: 5.30%Real return: -0.15%APY minus 2.8% CPI (February 2026) Business Money Market at 2.65% APY, and The Summit Federal Credit UnionThe Summit Federal Credit Union100 MARINA DR, ROCHESTER, NY 14626 5104A+5.0 ★Texas Ratio: 2.28%Real return: -1.30%APY minus 2.8% CPI (February 2026) Money Market at 1.50% APY. Money market rates as of October 14, 2026 according to verified data from MonitorBankRates.
Rochester has 13 local institutions in our database, with money market rates as high as 3.70% APY from The Upstate National Bank at 150 State St Fl 3, Rochester, NY 14614. Use the table below to compare all available offers, including options from institutions serving the broader New York area. Rates are continually updated, so we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in Rochester, New York and surrounding area. Last Updated and Verified: October 14, 2026
Compare the Best Money Market Rates Today in Rochester, New York & the Surrounding Area
Balance: $100,000 - $249,999.99
Balance: $300,000 +
Balance: $250,000.00 - $999,999.99
- Oct 12, 20263.30%▲ from 3.04%
- Sep 12, 20263.04%first recorded
Balance: $250,000.00 - $999,999.99
- Oct 12, 20263.30%▲ from 3.04%
- Sep 12, 20263.04%first recorded
Balance: $200,000 - $299,999; Deposit or withdraw as needed. No monthly service fee
Balance: $100,000.00 - $249,999.99
- Oct 12, 20263.04%▲ from 2.78%
- Sep 12, 20262.78%first recorded
Balance: $100,000.00 - $249,999.99
- Oct 12, 20263.04%▲ from 2.78%
- Sep 12, 20262.78%first recorded
Balance: $100,000 - $199,999; Deposit or withdraw as needed. No monthly service fee
Balance: $50,000 - $99,999; Deposit or withdraw as needed. No monthly service fee
Balance: $1,000,000 & Over; Rates effective October 1, 2026 to October 31, 2026
Balance: $25,000.00 - $99,999.99
Balance: $25,000.00 - $99,999.99
Balance: $2,500.00 - $24,999.99
Balance: $2,500.00 - $24,999.99
Balance: $500,000 - $999,999.99; Rates effective October 1, 2026 to October 31, 2026
Balance: $50,000 & up
- Oct 12, 20261.50%▼ from 1.60%
- Oct 4, 20261.60%▲ from 1.50%
- Sep 14, 20261.50%first recorded
Balance: >= $75,000
Balance: $250,000 - $499,999.99; Rates effective October 1, 2026 to October 31, 2026
Balance: $5,000 - $99,999.99
Balance: $25,000 - $49,999.99
- Oct 12, 20261.20%▼ from 1.30%
- Oct 4, 20261.30%▲ from 1.20%
- Sep 14, 20261.20%first recorded
Balance: $0.01 - $99,999.99; Rates effective October 1, 2026 to October 31, 2026
Balance: $50,000 +
Balance: $10,000 - $24,999.99
- Oct 12, 20261.05%▼ from 1.20%
- Oct 4, 20261.20%▲ from 1.10%
- Sep 14, 20261.10%first recorded
Balance: $25,000 - $74,999
Balance: $25,000.00 to $49,999.99
Balance: $1,500 - $9,999.99
- Oct 12, 20260.85%▼ from 1.10%
- Oct 4, 20261.10%▲ from 1.00%
- Sep 14, 20261.00%first recorded
Balance: $100,000 or greater
Balance: $2,500 - $24,999
Balance: $10,000.00 to $24,999.99
Balance: $50,000 to $99,999.99
Balance: $50,000.00 and over
Balance: $25,000 to $49,999.99
Balance: $25,000.00 - $49,999.99
Balance: $2,500.00 to $9,999.99
Balance: $100,000 - $249,999
Balance: Over $100,000
Balance: $100,000 $249,999
Balance: $10,000 to $24,999.99
Balance: $10,000.00 - $24,999.99
Balance: $50,000 - $99,999
Balance: $50,000 $99,999.99
Balance: $50,000 $99,999
Balance: $0.00 to $2,499.99
Balance: $2,500 to $9,999.99
Balance: $2,500.00 - $9,999.99
Balance: $75,000.01 +
Balance: $50,000 and greater; Min Balance $50,000
Balance: $100,000.00 - $249,999.99
Balance: $10,000 - $49,999
Balance: $10,000 $24,999.99
Balance: $10,000 $49,999
Balance: $0 - $49,999; Deposit or withdraw as needed. No monthly service fee
Balance: $50,000.01 - $75,000
Balance: $5,000.00-$49,999.99
Balance: $100,000.00 - $249,999.99
Balance: $100,000.00 - $249,999.99
Balance: $50,000.00 - $99,999.99
Balance: $5,000.00-$49,999.99
Balance: $0.00 - $2,499.99; 6-month bonus rate; Offer Code VRMA0926; Apply online or contact KeyBank by 11/4/2026; Requires $5,000 balance growth; Bring at least $5,000 to Key
Balance: $0.00 - $2,499.99; 6-month bonus rate; Bring at least $25,000 to Key; Offer Code VRMB0926; Apply online with this code or contact us to apply to existing account by 11/4/2026; Rate may vary by booking location; Standard or relationship rates apply after bonus period
Balance: $0.01 - $4,999.99
Balance: $0.01 - $4,999.99
Balance: $0.01 - $4,999.99
Minimum Average Daily Balance to Earn APY: $500 to $999,999.99
- Oct 3, 20263.60%▲ from 3.35%
- Sep 14, 20263.35%first recorded
Balance: $2,500 - $49,999.99; Preferred Rate; Apple Choice Banking Program
Balance: $1,000,000.00 and over; $100.000.00 Minimum to open and to earn APY required minimum daily balance $100,000.00 If average daily balance falls below $100,000.00 during the statement cycle a $20.00 minimum balance fee will apply
Balance: $0.01
$10,000.00
$100,000.00
$250,000.00
$500,000.00
Balance: $250,000.00 to $499,999.99
Balance: $250,000.00 to $499,999.99
Balance: $500,000.00 - $999,999.99; $100.000.00 Minimum to open and to earn APY required minimum daily balance $100,000.00 If average daily balance falls below $100,000.00 during the statement cycle a $20.00 minimum balance fee will apply
Balance: $1,000,000.00 and up
Balance: $1,000,000.00 and Up
Balance: $2,500 - $49,999.99
Preferred Rate: 3.48%; Preferred APY: 3.55%
- Oct 3, 20263.00%▲ from 2.75%
- Sep 19, 20262.75%first recorded
Balance: $0.01
$10,000.00
$100,000.00
$250,000.00
$500,000.00
Balance: $250,000.00 - $499,999.99; $100.000.00 Minimum to open and to earn APY required minimum daily balance $100,000.00 If average daily balance falls below $100,000.00 during the statement cycle a $20.00 minimum balance fee will apply
Balance: $1,000,000+
Balance: $1,000,000+
Balance: $100,000.00 - $249,999.99; $100.000.00 Minimum to open and to earn APY required minimum daily balance $100,000.00 If average daily balance falls below $100,000.00 during the statement cycle a $20.00 minimum balance fee will apply
Balance: $100,000 or more
- Oct 3, 20262.73%▲ from 2.61%
- Sep 14, 20262.61%first recorded
Balance: $.01 - $49,999.99
- Oct 3, 20262.50%▲ from 2.25%
- Sep 19, 20262.25%first recorded
Balance: $0.01
$10,000.00
$100,000.00
$250,000.00
$500,000.00
Balance: $100.00 to $24,999.99
Balance: $100.00 to $24,999.99
Balance: $500,000 - $999,999
Balance: $500,000 - $999,999
Balance: $500,000.01 and over; $1000.00 Minimum to open and earn APY and if daily balance falls below $1,000 at any time during the statement cycle a $20.00 minimum balance fee will apply
Balance: $0.01 to $999,999.99
Balance: $0.01 to $999,999.99
Balance: $50,000 - $99,999
- Oct 3, 20262.34%▲ from 2.23%
- Sep 14, 20262.23%first recorded
Balance: $1,500,000 and over
Balance: $250,000 - $499,999
Balance: $250,000 - $499,999
Balance: $250,000.01 - $500,000.00; $1000.00 Minimum to open and earn APY and if daily balance falls below $1,000 at any time during the statement cycle a $20.00 minimum balance fee will apply
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.
Rochester, NY Money Market Rate Trends
Compare local Rochester, NY 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.
New York high-yield MMA rates rose 0.003 points over the past 7 days to 3.091% APY.
New York standard MMA rates fell 0.007 points over the past 7 days to 0.517% APY.
Rochester, New York Money Market Rate Forecast, Next 12 Months
Money market rates move with Federal Reserve policy. Our model uses the current NY high-yield MMA average and a Fed funds spread to project the likely rate trajectory for 2026 to 2027.
Money market account rates are variable and move in close correlation with the Federal Reserve’s federal funds rate target. Our 12-month forecast is derived from the current NY high-yield money market average of 3.091% APY and a Fed funds spread model calibrated to the historical relationship between policy rate changes and deposit rate adjustments at banks and credit unions.
Key assumptions: the Federal Reserve holds the federal funds rate at its current level over the next 12 months, with the possibility of one 25 basis point increase; deposit rates at banks and credit unions track policy-rate changes within 60 to 90 days. High-yield money market rates tend to adjust faster than standard branch-based accounts.
Important notice: This forecast is for informational purposes only and should not be used as the sole basis for financial decisions. Rate forecasts carry significant uncertainty. The actual trajectory will depend on Federal Reserve decisions, economic conditions, and competitive dynamics among financial institutions in Rochester, New York.
Money Market Account Earnings in Rochester, New York
Annual interest earnings at current NY average APYs, based on the high-yield and standard money market averages tracked in our database. Balances reflect the higher minimums typical of money market accounts. Compounding assumed monthly.
| Balance | HY Money Market (3.091% APY) | Monthly Earnings | Standard MMA (0.517% APY) | Monthly Earnings |
|---|---|---|---|---|
| $10,000 | $309.10 / year | $25.76 | $51.73 / year | $4.31 |
| $25,000 | $772.75 / year | $64.40 | $129.33 / year | $10.78 |
| $50,000 | $1,545.50 / year | $128.79 | $258.65 / year | $21.55 |
| $100,000 | $3,091.00 / year | $257.58 | $517.30 / year | $43.11 |
| Earnings estimates use daily compounding. Actual earnings depend on exact rate, compounding frequency, rate tier, and daily balance maintained. Rates are variable and subject to change. Source: Rochester, New York money market rate averages as of October 14, 2026. | ||||
About Our Rochester, New York Money Market Rate Database
MonitorBankRates found 13 institutions with branches in Rochester (3 banks, 10 credit unions), plus 31 additional state-chartered and national online institutions available to Rochester residents. Our proprietary aggregation system pulls verified rate data directly from each institution’s official website, no estimates, no national averages passed off as real offers.
Every rate listed includes the institution’s Safety Grade (A+ to F), Star Rating (1 to 5), and Texas Ratio, objective financial health metrics calculated from FDIC and NCUA regulatory data, so you can compare yield and institutional safety in one place.
Current top rate: The Upstate National Bank offers a money market account at 3.70% APY. Use the rate table above to compare all current offers in Rochester, New York.
How to Find the Best Money Market Rates in Rochester, New York
What to compare when shopping for a money market account in Rochester, New York
To find the best money market APYs in Rochester, New York, start with credit unions and online-only banks: Rochester, New York has 31 credit unions in our database, and they consistently offer some of the highest yields because they are member-owned nonprofits with lower overhead than traditional banks.
Always compare the APY (Annual Percentage Yield), not just the interest rate, and pay close attention to balance tiers. Many money market accounts only pay their advertised top rate above a minimum balance of $1,000 to $25,000, with lower rates (or monthly fees) below that threshold. The current NY high-yield money market average is 3.091% but top local institutions are offering as high as 3.70%, so shopping around pays off.
Unlike a CD, money market rates are variable. Your rate can change at any time with Federal Reserve policy. Also check check-writing and debit card limits: most MMAs allow a set number of withdrawals per month, and exceeding the limit can trigger fees. Review your account periodically to ensure your APY remains competitive.
When a Money Market Account Makes Sense
- Emergency fund with flexibility: You get savings-level yields plus limited check-writing and debit access. Rochester, New York high-yield money market rates currently average 3.091% APY, far above a typical checking account.
- Larger balances ($10,000+): Many MMAs pay tiered rates that rise with your balance, so bigger deposits often earn more than they would in a standard savings account.
- Parking cash between investments: A high-yield money market account at Rochester, New York institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 44 institutions in Rochester, New York report money market rates to our database.
- No rate lock-in risk: Unlike a CD, your rate moves up with the market if rates rise further.
Consider an Alternative If…
- You want a locked-in, guaranteed return Rochester, New York CD rates
- You don’t need check writing and want a lower minimum Rochester, New York savings rates
- You need daily transaction access Rochester, New York checking rates
Rochester, New York Financial Snapshot
Local demographics and economic context for savers . Source: U.S. Census Bureau
13.1% of residents are 65 or older, below the national average of 17.3%; an unemployment rate of 7.9% (vs. 4.8% nationally) underscores the value of keeping liquid emergency savings. At today’s NY high-yield money market average of 3.091%, saving 10% of the local median salary ($3,563/year) would earn an additional $110 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Money Market Accounts vs. Other Rochester, New York Options
How money market deposit accounts compare to other deposit products available at banks and credit unions in Rochester, New York.
| Feature | Money Market | High-Yield Savings | Standard Savings | CD (12-Month) |
|---|---|---|---|---|
| Current NY Avg APY | 3.091% | View Savings Rates | 0.517%(Standard MMA) | View CD Rates |
| Rate Type | Variable | Variable | Variable | Fixed for term |
| FDIC / NCUA Insured | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K |
| Withdraw Anytime | ✓ Yes | ✓ Yes | ✓ Yes | ✗ Penalty applies |
| Check Writing | ✓ Often yes | ✗ No | ✗ No | ✗ No |
| Debit / ATM Card | ✓ Often yes | Some institutions | ✗ Rarely | ✗ No |
| Typical Min Deposit | $0 to $2,500 | $0 to $100 | $25 to $100 | $500 to $1,000 |
| Rate Risk | Variable, moves with Fed policy | Variable, moves with Fed policy | Variable, moves with Fed policy | None, locked for term |
| Best For | Active savers wanting flexibility + check writing | Emergency fund, short-term goals, parking cash | Everyday saving, low-balance accounts | Locking in a rate for a defined period |
APY data reflects Rochester, New York averages tracked in our database as of October 14, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Rochester, New York Money Market Account Calculator
See how much a money market account can earn you. Enter your deposit, monthly contribution, and time frame, or click any current Rochester, New York rate on the right to apply it instantly. Interest compounds monthly.
Assumes monthly compounding and a constant APY for the full period. Money market rates are variable and can change at any time, so actual earnings will differ. Estimates are for informational purposes only.
Money Market & Savings Calculators for Rochester, New York
At NY’s top money market rate of 3.70% from The Upstate National Bank, a $10,000 deposit earns $370 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Rochester, New York earner is roughly $8,900. At 3.091% APY in a money market account, saving $740/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. Liquid Deposit AccountNew York’s high-yield money market average is 3.091% APY, variable, always accessible, and often with check-writing. A local CD may offer a higher fixed yield in exchange for locking in your deposit. Compare both side-by-side to find the better fit for your timeline.
Budget CalculatorBefore you can grow your savings, you need to know how much you can set aside each month. The median Rochester, New York earner makes $35,635/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 3.091% APY.
Retirement PlannerA $25,000 money market balance earning 3.091% APY grows to roughly $45,957 over 20 years with compounding. See how your current savings trajectory lines up with your retirement income needs.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Rochester, New York money market rate tables are free for consumers to use, and we do not receive payment from any financial institution to be included or to be ranked in any particular order. Listings are based solely on the rates each institution publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Money Market Rate Data: We aggregate money market deposit account rates for Rochester, 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 Rochester, 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 Rochester, New York
What is a Money Market Account (MMA)?
Are Money Market accounts in Rochester, New York safe?
How often do MMA rates change in Rochester, New York?
Can I write checks from a Money Market Account?
How much do I need to deposit to open a money market account in Rochester, New York?
Can I lose money in a Money Market Account?
What is the difference between a Money Market Account and a Money Market Fund?
Do I have to pay taxes on money market account interest?
Are online banks better than local banks in Rochester, New York for money market accounts?
Best Money Market Rates in Rochester, New York
- The Upstate National Bank
Business Money Market Deposit Account: 3.70% APY - Kinecta Federal Credit Union
Signature Money Market: 3.50% APY - Ukrainian Federal Credit Union
Business Money Market: 3.30% APY - Visions Federal Credit Union
Business Money Market: 2.65% APY - The Summit Federal Credit Union
Money Market: 1.50% APY
Rochester, New York Rates & Resources
