Topeka, Kansas Savings Rates - August 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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The best savings rates for Topeka, Kansas and the surrounding area include Communication Federal Credit UnionCommunication Federal Credit Union1015 SW Wanamaker Rd, Topeka, KS 66604 3806A5.0 ★Texas Ratio: 7.00%Real return: +0.95%APY minus 2.8% CPI (February 2026) Blue Savings for Business at 3.75% APY, Capitol Federal Savings BankCapitol Federal Savings Bank3710 Sw Topeka Blvd, Topeka, KS 66609A+5.0 ★Texas Ratio: 1.06%Real return: +0.90%APY minus 2.8% CPI (February 2026) eSavings Account at 3.70% APY, Silver Lake BankSilver Lake Bank201 Nw Us Highway 24, Topeka, KS 66608A+5.0 ★Texas Ratio: 1.64%Real return: -0.80%APY minus 2.8% CPI (February 2026) Free Kasasa Saver Savings at 2.00% APY, Denison State BankDenison State Bank3640 Sw Fairlawn Rd, Topeka, KS 66614A+5.0 ★Texas Ratio: 2.80%Real return: -1.55%APY minus 2.8% CPI (February 2026) Money Market Savings at 1.25% APY, and Azura Credit UnionAzura Credit Union610 SW 10th Ave, Topeka, KS 66612A+5.0 ★Texas Ratio: 3.53%Real return: -1.79%APY minus 2.8% CPI (February 2026) Share Account at 1.01% APY.
Topeka has 53 local institutions in our database, with savings rates as high as 3.75% APY from Communication Federal Credit Union at 1015 SW Wanamaker Rd, Topeka, KS 66604 3806. Use the table below to compare all available offers, including options from institutions serving the broader Kansas area. Rates are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Topeka, Kansas and the surrounding area. Last Updated and Verified: August 28, 2026
Compare the Best Savings Rates in Topeka, Kansas & Surrounding Communities
Transaction limits apply. Interest rates, annual percentage yields (APY) and fees are subject to change without notice. All funds placed into a Capitol Federal® eSavings account are FDIC insured to the maximum allowed by law. Service charges may reduce the earnings on the account. See Account Disclosures for more information.
2.00% to 0.87% APY on balances over $50,000 depending on balance in account; 0.05% APY if qualifications are not met in your free Kasasa checking account
Qualifications Required: Qualifying for your Kasasa Cash or Kasasa Cash Back rewards automatically qualifies you for the highest Kasasa Saver rate, too. At least 1 direct deposit, ACH credit or ACH payment transaction; At least 12 debit card purchases; Be enrolled in and agree to receive eStatements; Balances up to $50,000 earn 1.982% interest. Balances over $50,000 earn 0.995% interest. Links to free Kasasa Cash or Kasasa Cash Back Checking. Automatic transfers of Kasasa Cash or Kasasa Cash Back earnings.
Qualifications Required: Qualifying for your Kasasa Cash or Kasasa Cash Back rewards automatically qualifies you for the highest Kasasa Saver rate, too. At least 1 direct deposit, ACH credit or ACH payment transaction; At least 12 debit card purchases; Be enrolled in and agree to receive eStatements; Balances up to $50,000 earn 1.982% interest. Balances over $50,000 earn 0.995% interest. Links to free Kasasa Cash or Kasasa Cash Back Checking. Automatic transfers of Kasasa Cash or Kasasa Cash Back earnings.
Variable
Variable
Variable
Variable
Variable
Variable
Variable
0.05% APY if qualifications are not met in your free Kasasa checking account
If qualifications are not met in Kasasa Cash or Kasasa Cash Back. Links to free Kasasa Cash or Kasasa Cash Back Checking. Automatic transfers of Kasasa Cash or Kasasa Cash Back earnings.
Transaction limits apply. Interest rates, annual percentage yields (APY) and fees are subject to change without notice. All funds placed into a Capitol Federal® eSavings account are FDIC insured to the maximum allowed by law. Service charges may reduce the earnings on the account. See Account Disclosures for more information.
Transaction limits apply. Interest rates, annual percentage yields (APY) and fees are subject to change without notice. All funds placed into a Passcard Savings account are FDIC insured to the maximum allowed by law. Service charges may reduce the earnings on the account. See Disclosure Information Booklet for more information.
Transaction limits apply. Interest rates, annual percentage yields (APY) and fees are subject to change without notice. All funds placed into a Passcard Savings account are FDIC insured to the maximum allowed by law. Service charges may reduce the earnings on the account. See Disclosure Information Booklet for more information.
$0-$1,000
APY accurate as of 08/24/2026. This is a variable-rate account. The APY may change any time after the account is opened. Fees may reduce earnings.
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.
Topeka, KS Savings Rate Trends
Compare local Topeka, KS 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.
Kansas high-yield savings rates fell 0.384 points over the past 7 days to 1.741% APY, down from 2.125%.
Kansas standard savings rates fell 0.184 points over the past 7 days to 0.828% APY, down from 1.013%.
Topeka, Kansas Savings Rate Forecast — Next 12 Months
Savings rates move with Federal Reserve policy. Our model uses the current KS high-yield average and a Fed funds spread to project the likely rate trajectory for 2026–2027.
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 KS high-yield savings average of 1.741% 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: 1–2 Federal Reserve rate cuts of 25 basis points each over the next 12 months, based on current CME FedWatch consensus; savings institutions typically pass through 70–90% of rate cuts to deposit rates within 60–90 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 Topeka, Kansas.
Savings Account Earnings in Topeka, Kansas
Annual interest earnings at current KS average APYs, based on the high-yield and standard savings averages tracked in our database. Compounding assumed monthly.
| Balance | HY Savings (1.741% APY) | Monthly Earnings | Standard Savings (0.828% APY) | Monthly Earnings |
|---|---|---|---|---|
| $5,000 | $87.05 / year | $7.25 | $41.42 / year | $3.45 |
| $10,000 | $174.11 / year | $14.51 | $82.84 / year | $6.90 |
| $25,000 | $435.28 / year | $36.27 | $207.10 / year | $17.26 |
| $50,000 | $870.55 / year | $72.55 | $414.20 / year | $34.52 |
| 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: Topeka, Kansas savings rate averages as of August 29, 2026. | ||||
About Our Topeka, Kansas Savings Rate Database
MonitorBankRates found 11 institutions with branches in Topeka (6 banks, 5 credit unions), plus 5 additional state-chartered and national online institutions available to Topeka 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 (1–5), 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: Communication Federal Credit Union offers a savings account at 3.75% APY. Use the rate table above to compare all current offers in Topeka, Kansas.
How to Find the Best Savings Rates in Topeka, Kansas
What to compare when shopping for a savings account in Topeka, Kansas
To find the best savings APYs in Topeka, Kansas, start with credit unions and online-only banks — Topeka, Kansas has 7 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 KS high-yield savings average is 1.741% — but top local institutions are offering as high as 3.75%, 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 3–6 months of expenses in a liquid, FDIC-insured account. Topeka, Kansas high-yield savings rates currently average 1.741% APY — far above a typical checking account.
- Short-term savings goals (6–24 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 Topeka, Kansas institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally — 16 institutions in Topeka, Kansas report savings rates to our database.
- You’re among Topeka, Kansas’s 18.4% of residents aged 65+ for whom liquid, accessible savings complement fixed-income holdings.
- 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 → Topeka, Kansas CD rates
- You want check-writing flexibility → Topeka, Kansas money market rates
- You need daily transaction access → Topeka, Kansas checking rates
Topeka, Kansas Financial Snapshot
Local demographics and economic context for savers — Source: U.S. Census Bureau
18.4% of residents are 65 or older, in line with the national average of 17.3%. At today’s KS high-yield savings average of 1.741%, saving 10% of the local median salary ($3,924/year) would earn an additional $68 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Savings Accounts vs. Other Topeka, Kansas Options
How high-yield savings accounts compare to other deposit products available at banks and credit unions in Topeka, Kansas.
| Feature | High-Yield Savings | Standard Savings | Money Market | CD (12-Month) |
|---|---|---|---|---|
| Current KS Avg APY | 1.741% | 0.828% | 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 – $100 | $25 – $100 | $0 – $2,500 | $500 – $1,000 |
| Rate Risk | Rate may fall with Fed cuts | Rate may fall with Fed cuts | Rate may fall with Fed cuts | 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 Topeka, Kansas averages tracked in our database as of August 29, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Savings Calculators for Topeka, Kansas
At KS’s top rate of 3.75% from Communication Federal Credit Union, a $10,000 deposit earns $375 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Topeka, Kansas earner is roughly $9,800. At 1.741% APY, saving $820/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. High-Yield SavingsKansas’s high-yield savings average is 1.741% 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 Topeka, Kansas earner makes $39,243/year. Track your income vs. expenses to find your monthly surplus — then put it to work at 1.741% APY.
Retirement PlannerA $25,000 high-yield savings balance earning 1.741% APY grows to roughly $35,308 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 Topeka, Kansas 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 Topeka, Kansas 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 Topeka, Kansas. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in KS.
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 Topeka, Kansas
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Topeka, Kansas safe?
How often do savings rates change in Topeka, Kansas?
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 Topeka, Kansas?
How do I open a savings account in Topeka, Kansas?
Best Savings Rates in Topeka, Kansas
- Communication Federal Credit Union
Blue Savings for Business — 3.75% APY - Capitol Federal Savings Bank
eSavings Account — 3.70% APY - Silver Lake Bank
Free Kasasa Saver Savings — 2.00% APY - Denison State Bank
Money Market Savings — 1.25% APY - Azura Credit Union
Share Account — 1.01% APY
Topeka, Kansas Rates & Resources
