Los Angeles, California Savings Rates - October 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
- Bank & Credit Union Health Safety Ratings
- Bank & Credit Union Star Ratings
- Finance Calculators
Los Angeles, California savings account rates range from 0.30% to 6.00% APY, verified by MonitorBankRates as of October 13, 2026. The best savings rates for Los Angeles, California and the surrounding area include USC Credit UnionUSC Credit Union3720 S Flower St FL 4, Los Angeles, CA 90089A+5.0 ★Texas Ratio: 5.49%Real return: +3.20%APY minus 2.8% CPI (February 2026) SmartStart Savings at 6.00% APY, Kinecta Federal Credit UnionKinecta Federal Credit Union2365 E Century Blvd Ste 3B, Los Angeles, CA 90002A+5.0 ★Texas Ratio: 3.82%Real return: +2.20%APY minus 2.8% CPI (February 2026) High Yield Savings at 5.00% APY, UNIFY Financial Federal Credit UnionUNIFY Financial Federal Credit Union8632 S Sepulveda Blvd, Los Angeles, CA 90045 4015A-5.0 ★Texas Ratio: 14.54%Real return: +2.20%APY minus 2.8% CPI (February 2026) High Interest Savings at 5.00% APY, First Entertainment Credit UnionFirst Entertainment Credit Union5555 Melrose Ave, Los Angeles, CA 90038 3989A+5.0 ★Texas Ratio: 4.47%Real return: +2.20%APY minus 2.8% CPI (February 2026) First500 Savings at 5.00% APY, and SchoolsFirst Federal Credit UnionSchoolsFirst Federal Credit Union5359 W Centinela Ave, Los Angeles, CA 90045A+5.0 ★Texas Ratio: 5.56%Real return: +1.45%APY minus 2.8% CPI (February 2026) My Home Savings Share at 4.25% APY.
Los Angeles has 75 local institutions in our database, with savings rates as high as 6.00% APY from USC Credit Union at 3720 S Flower St FL 4, Los Angeles, CA 90089. Use the table below to compare all available offers, including options from institutions serving the broader California area. Rates are continually updated, so we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Los Angeles, California and the surrounding area. Last Updated and Verified: October 13, 2026
Compare the Best Savings Rates in Los Angeles, California & Surrounding Communities
Balance: $0.01 - $1,000
Balance: $0 - $499.99; Deposit or withdraw as needed. No monthly service fee
Balance: $1.00 - $2,500.00
Qualifications Required: Member has a First Entertainment Checking Account and has requested eStatements only (member must discontinue receipt of paper statements); Member must also have either active online Bill Pay service or Direct Deposit. Active is defined as one transaction every ninety (90) days for either service.; First500 Youth Accounts will earn 5.00% APY on account balances up to $500 with Digital Banking enrollment and eStatements only. Balances above $500 in qualifying accounts and any balance in a non-qualifying First500 Account will earn the First500 Savings Base Rate. One First500 Account per Social Security Number. Rates subject to change without notice and may vary. In certain instances when the minimum balance is not maintained and no other services or accounts are open, a low balance monthly fee may apply. Check with the credit union for complete details.
Qualifications Required: Digital Banking and eStatements; First500 Youth Savings Accounts are available to any minor with a Social Security Number. Must have a parent or legal guardian as Joint Owner. Joint Owner must be a member in good standing. Balances above $500 in qualifying accounts and any balance in a non-qualifying First500 account will earn the First500 Savings Base Rate. One First500 Account per Social Security Number. Rates subject to change without notice. Call us for current rates, or visit firstent.org/rates . Earned dividends are reported as income under the minor's name and Social Security Number. Transactions can only be performed by the account custodian. Custodian can close the account anytime, as long as it is in the best interest of the minor. Due to the nature of custodial accounts, they cannot be opened online at this time. For assistance, please give us a call at 888.800.3328 or schedule an appointment to meet with one of our branch staff. Balance: up to $500.00
Fixed rate share certificate; limited to Members buying a home and participating in SchoolsFirst FCU Home360; limit one per membership; additional deposits allowed to maximum balance of $150,000; withdrawals not used for a home purchase subject to penalty
- Sep 29, 20264.25%▲ from 4.05%
- Sep 14, 20264.05%first recorded
New accounts earn a 4.20 % APY on all balances. This is a variable rate account, and the APY may change without notice. Available exclusively online and by phone.
- Oct 7, 20264.20%▲ from 3.90%
- Sep 18, 20263.90%first recorded
All Balances
Introductory promo for new customers. Introductory Interest Rate is determined by adding 0.67% to the variable interest rate paid on the Valley Direct High Yield Savings account (the "Standard Interest Rate"). The Introductory Interest Rate, Standard Interest Rate and APY are variable and may change after the account is opened.
The $25 bonus will be deposited by Poppy Bank into the Poppy Blooms Youth Savings Account upon account opening. Available for children under 18 years old. Parent/guardian oversight and access. Online and mobile banking for easy monitoring.
- Oct 2, 20264.00%▲ from 3.75%
- Sep 18, 20263.75%first recorded
Balance: $.01 - $500.00
Qualifications Required; Qualifying balance up to $25,000; requires direct deposit(s) of at least $500.00 per month to a Freedom Direct, Justice National, Beyond the Badge or Student checking account; No minimum balance requirement
- Oct 12, 20264.00%▲ from 0.10%
- Oct 4, 20260.10%first recorded
Qualifications Required; Balance: <= $25,000
Balance: $0 to $10,000
The annual percentage yield (APY) is accurate as of January 8, 2026 and subject to change at the Bank's discretion. Refer to product's website for latest APY rate. Minimum deposit required to open an account is $500 and a minimum balance of $0.01 is required to earn the advertised APY.
Balance: $100,000+
Earn up to 3.50% APY when you are an account owner of a Bank Smartly Checking, Safe Debit account, or Bank SmartlyTM Visa Signature Card and a CQB of at least $25,000. APYs may vary by location and are accurate for accounts opened on today's date. Restrictions apply.
- Sep 27, 20263.44%▼ from 3.50%
- Sep 18, 20263.50%first recorded
All Balances
Balance: $50,000 +
Balance: $25,000.00 and over
Balance: $50,000 - $99,999
APY* refers to Annual Percentage Yield. Interest Rate** refers to the rate paid on the account.
Balance: $500 - $49,999; Deposit or withdraw as needed. No monthly service fee
Rate Type: Variable; Maximum Balance: Unlimited
- Oct 3, 20262.90%▲ from 2.75%
- Sep 14, 20262.75%first recorded
APY* refers to Annual Percentage Yield. Interest Rate** refers to the rate paid on the account.
Balance: $250,000+
Balance: $50,000 - $99,999; Deposit or withdraw as needed. No monthly service fee
Balance: $2,500.00 and over; 0% APY for balance less than $2,500.00; Tiered rate account; Available for new money only; Minimum balance of $5 required to maintain membership
Balance: $10,000 - $49,999
Balance Tiers: $0 - $49,999.99 | 2.20% APY; $50,000 + | 2.70% APY
Balance: $100,000-$249,999
Banner checking account required. Minimum opening balance of $25,000 must be new money to Banner Bank. A Banner Bank checking account is required to open a High Yield Relationship Savings account. Additional restrictions may apply. View current rates. Annual Percentage Yield (APY) accurate as of 8/20/2026. Rates may change. The interest rate tier is determined by the actual daily account balance. Monthly service charge of $10 is waived when you meet one of the following criteria during that monthly statement cycle: $5,000 minimum daily balance or $10,000 average daily combined balance for checking and savings deposit relationship. If relationship balance is below $25,000, Annual Percentage Yield (APY) is 0.25%. Public fund accounts not eligible.
APY* refers to Annual Percentage Yield. Interest Rate** refers to the rate paid on the account.
Balance: $50,000-$99,999
Balance: $25,000-$49,999
Minimum balance to earn standard rate is $10,000. Balances under $10,000 will earn the Primary Savings share rate. To qualify, deposit must be new money to Southland transferred from another financial institution.
- Oct 10, 20262.30%▲ from 2.05%
- Sep 14, 20262.05%first recorded
Share/IRA Accounts; APY as high as
- Oct 5, 20262.02%▲ from 1.87%
- Sep 29, 20261.87%first recorded
Co-owned with parent or guardian Complimentary Kids Savings stackable money bank and passbook at new account opening
Qualifications Required; Balance: $25,000.01 - $50,000
Balance: On balances above $25,000 and up to $50,000
Balance: $0 - 49,999.99
Balance: $1 - $9,999
Balance: $1,000.01 and above
Balance: On balances up to $25,000
APY = Annual Percentage Yield. APY is based on the assumption that dividends remain on deposit for the entire dividend period. Rates are variable and subject to change without notice.Rate on our multi-tiered Money Market Account is based on the Account's daily balance. Account balances below $2,500 earn no dividends.
Balance: $100,000.00 and Over; Minimum Balance to Maintain Account or Avoid Fee: $2,500
Balance: $500,000+**
Balance: $75,000.00 - $99,999.99; Minimum Balance to Maintain Account or Avoid Fee: $2,500
Balance: $50,000.00 - $74,999.99; Minimum Balance to Maintain Account or Avoid Fee: $2,500
Balance: $0.00 - $24,999.99
APY = Annual Percentage Yield. APY is based on the assumption that dividends remain on deposit for the entire dividend period. Rates are variable and subject to change without notice.Rate on our multi-tiered Money Market Account is based on the Account's daily balance. Account balances below $2,500 earn no dividends.
Balance: $250,000+
Rate Type: Variable; Maximum Balance: Unlimited
Balance: $0.01+
Balance: $100,000 or more
Balance: $100 - $999.99
Balance: $200 - $999.99
Balance: $10 - $999.99
Balance: $100,000.01 and above
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.
Los Angeles, CA Savings Rate Trends
Compare local Los Angeles, CA savings rate quotes against the statewide average
Daily savings rate averages tracked across our database of 8,500+ banks and credit unions, updated every evening.
California high-yield savings rates rose 0.102 points over the past 7 days to 2.579% APY, up from 2.477%.
California standard savings rates rose 0.027 points over the past 7 days to 0.712% APY, up from 0.685%.
Los Angeles, California Savings Rate Forecast, Next 12 Months
Savings rates move with Federal Reserve policy. Our model uses the current CA high-yield average and a Fed funds spread to project the likely rate trajectory for 2026 to 2027.
Savings 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 CA high-yield savings average of 2.579% 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 online savings rates tend to adjust faster than standard branch-based savings rates.
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 Los Angeles, California.
Savings Account Earnings in Los Angeles, California
Annual interest earnings at current CA average APYs, based on the high-yield and standard savings averages tracked in our database. Compounding assumed monthly.
| Balance | HY Savings (2.579% APY) | Monthly Earnings | Standard Savings (0.712% APY) | Monthly Earnings |
|---|---|---|---|---|
| $5,000 | $128.93 / year | $10.74 | $35.62 / year | $2.97 |
| $10,000 | $257.86 / year | $21.49 | $71.24 / year | $5.94 |
| $25,000 | $644.65 / year | $53.72 | $178.10 / year | $14.84 |
| $50,000 | $1,289.30 / year | $107.44 | $356.20 / year | $29.68 |
| Earnings estimates use daily compounding. Actual earnings depend on exact rate, compounding frequency, and daily balance maintained. Rates are variable and subject to change. Source: Los Angeles, California savings rate averages as of October 14, 2026. | ||||
About Our Los Angeles, California Savings Rate Database
MonitorBankRates found 33 institutions with branches in Los Angeles (18 banks, 15 credit unions). 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: USC Credit Union offers a savings account at 6.00% APY. Use the rate table above to compare all current offers in Los Angeles, California.
How to Find the Best Savings Rates in Los Angeles, California
What to compare when shopping for a savings account in Los Angeles, California
To find the best savings APYs in Los Angeles, California, start with credit unions and online-only banks: Los Angeles, California has 15 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. APY reflects compounding and is the true measure of what you’ll earn. Savings accounts that compound daily earn slightly more than those compounding monthly at the same stated rate. The current CA high-yield savings average is 2.579% but top local institutions are offering as high as 6.00%, so shopping around pays off.
Unlike a CD, savings account rates are variable. Your rate can change at any time with Federal Reserve policy. Many institutions offer elevated introductory rates that reset after a promotional period. Review your account periodically to ensure your APY remains competitive.
When a High-Yield Savings Account Makes Sense
- Emergency fund: Financial experts recommend 3 to 6 months of expenses in a liquid, FDIC-insured account. Los Angeles, California high-yield savings rates currently average 2.579% APY, far above a typical checking account.
- Short-term savings goals (6 to 24 months): If you may need the money soon, a savings account gives you immediate access without early withdrawal penalties.
- Parking cash between investments: A high-yield savings account at Los Angeles, California institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 33 institutions in Los Angeles, California report savings 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 Los Angeles, California CD rates
- You want check-writing flexibility Los Angeles, California money market rates
- You need daily transaction access Los Angeles, California checking rates
Los Angeles, California Financial Snapshot
Local demographics and economic context for savers. Source: U.S. Census Bureau
14.2% of residents are 65 or older, below the national average of 17.3%; an unemployment rate of 8.2% (vs. 4.8% nationally) underscores the value of keeping liquid emergency savings. At today’s CA high-yield savings average of 2.579%, saving 10% of the local median salary ($4,182/year) would earn an additional $108 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Savings Accounts vs. Other Los Angeles, California Options
How high-yield savings accounts compare to other deposit products available at banks and credit unions in Los Angeles, California.
| Feature | High-Yield Savings | Standard Savings | Money Market | CD (12-Month) |
|---|---|---|---|---|
| Current CA Avg APY | 2.579% | 0.712% | View MMA Rates | 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 | ✗ No | ✗ No | ✓ Often yes | ✗ No |
| Debit / ATM Card | Some institutions | ✗ Rarely | ✓ Often yes | ✗ No |
| Typical Min Deposit | $0 to $100 | $25 to $100 | $0 to $2,500 | $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 | Emergency fund, short-term goals, parking cash | Everyday saving, low-balance accounts | Active savers wanting flexibility + check writing | Locking in a rate for a defined period |
APY data reflects Los Angeles, California 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.
Savings Calculators for Los Angeles, California
At CA’s top rate of 6.00% from USC Credit Union, a $10,000 deposit earns $600 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Los Angeles, California earner is roughly $10,500. At 2.579% APY, saving $870/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. High-Yield SavingsCalifornia’s high-yield savings average is 2.579% APY, variable and always accessible. 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 Los Angeles, California earner makes $41,828/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 2.579% APY.
Retirement PlannerA $25,000 high-yield savings balance earning 2.579% APY grows to roughly $41,598 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 Los Angeles, California savings 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 Savings Rate Data: We aggregate savings account rates for Los Angeles, California directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every savings 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 Los Angeles, California. We feature a comprehensive mix of institutions, from neighborhood credit unions and competitive regional banks to large national institutions available to savers in CA.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly, every product listed features its own specific “last updated” date, giving you complete transparency.
Frequently Asked Questions about Savings Accounts in Los Angeles, California
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Los Angeles, California safe?
How often do savings rates change in Los Angeles, California?
Do I need a minimum deposit to open a savings account?
What is the difference between a Savings Account and a Money Market Account?
Are online banks better than local banks in Los Angeles, California?
How do I open a savings account in Los Angeles, California?
Best Savings Rates in Los Angeles, California
- USC Credit Union
SmartStart Savings: 6.00% APY - Kinecta Federal Credit Union
High Yield Savings: 5.00% APY - UNIFY Financial Federal Credit Union
High Interest Savings: 5.00% APY - First Entertainment Credit Union
First500 Savings: 5.00% APY - SchoolsFirst Federal Credit Union
My Home Savings Share: 4.25% APY
Los Angeles, California Rates & Resources
