Elizabethtown, Kentucky Savings Rates - October 2026
Brian McKay
Brian McKay
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Elizabethtown, Kentucky savings account rates range from 0.01% to 5.12% APY, verified by MonitorBankRates as of October 23, 2026. The best savings rates for Elizabethtown, Kentucky and the surrounding area include Abound Federal Credit UnionAbound Federal Credit Union1109 N Dixie Ave, Elizabethtown, KY 42701 2779A+5.0 ★Texas Ratio: 3.44%Real return: +0.55%APY minus 3.7% CPIRate verified Oct 22, 2026 High-Yield Savings Account at 4.25% APY, West Point BankWest Point Bank502 W Dixie Ave, Elizabethtown, KY 42701A5.0 ★Texas Ratio: 9.97%Real return: -0.50%APY minus 3.7% CPIRate verified Oct 21, 2026 High Yield Savings at 3.20% APY, Navy Federal Credit UnionNavy Federal Credit Union4021 N Dixie Hwy, Elizabethtown, KY 42701A5.0 ★Texas Ratio: 8.14%Real return: -1.55%APY minus 3.7% CPIRate verified Oct 20, 2026 Jumbo Money Market Savings Account (MMSA) at 2.15% APY, Magnolia BankMagnolia Bank651 W Dixie Ave, Elizabethtown, KY 42701A-5.0 ★Texas Ratio: 14.97%Real return: -2.20%APY minus 3.7% CPIRate verified Oct 21, 2026 Magnify Savings at 1.50% APY, and Woodforest National BankWoodforest National Bank100 Walmart Dr, Elizabethtown, KY 42701A-5.0 ★Texas Ratio: 14.96%Real return: -3.35%APY minus 3.7% CPIRate verified Oct 20, 2026 Personal Savings at 0.35% APY.
Elizabethtown has 37 local institutions in our database, with savings rates as high as 4.25% APY from Abound Federal Credit Union at 1109 N Dixie Ave, Elizabethtown, KY 42701 2779. Use the table below to compare all available offers, including options from institutions serving the broader Kentucky area. Rates are continually updated, so we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Elizabethtown, Kentucky and the surrounding area. Last Updated and Verified: October 23, 2026
Compare the Best Savings Rates in Elizabethtown, Kentucky & Surrounding Communities
Balance: $0.01-$25,000; Dividends compounded monthly
Homepage featured rate: 3.20% Annual Percentage Yield*
Published APY range: 2.26%-4.25%. Balance: $25,000.01-$100,000; Dividends compounded monthly
Balance: $1,000,000 and over; Savings & IRA
Balance: $500,000 - $999,999; Savings & IRA
Balance: $250,000 - $499,999; Savings & IRA
Balance: $100,000 - $249,999; Savings & IRA
Balance: $50,000 and over; Savings, IRA & ESA; Compounded and credited monthly; must maintain a minimum daily balance of $2,500 to earn dividends
Balance: $10,000
Balance: $25,000 - $49,999; Savings, IRA & ESA; Compounded and credited monthly; must maintain a minimum daily balance of $2,500 to earn dividends
Published APY range: 1.15%-2.26%. Balance: $100,000.01 and up; Dividends compounded monthly
Balance: $10,000 - $24,999; Savings, IRA & ESA; Compounded and credited monthly; must maintain a minimum daily balance of $2,500 to earn dividends
Balance: $0.01 - $9,999.99
Balance: $2,500 - $9,999; Savings, IRA & ESA; Compounded and credited monthly; must maintain a minimum daily balance of $2,500 to earn dividends
Variable rate account; rate may change after the account is opened
Balance: $10,000.00 and over; a daily collected balance of $10,000 must be maintained to obtain the yield; Monthly minimum balance fee $3.00 if balance falls below $200 any day of the statement period; Interest compounded and credited quarterly
Over $10,000; Transaction limits: Limited
Over $10,000; Balance: $10,000 required to earn APY; Transaction Limits: Limited
- Oct 20, 20260.30%▼ from 0.35%
- Sep 14, 20260.35%first recorded
Compounded & Credited: Monthly
Balance: $0 - $99,999; Savings & IRA
Compounded & Credited: Monthly; Fees may reduce earnings
Balance: $0.00 - $9,999.99; Tiered rate: 0.20% if daily collected balance is less than $10,000; Monthly minimum balance fee $3.00 if balance falls below $200 any day of the statement period; Interest compounded and credited quarterly
Under $10,000; Transaction limits: Limited
Account Category: Personal
Balance: $50,000.00 and above
Balance: $50,000.01 - $100,000.00; as high as
Balance: $10,000 - $24,999.99
Balance: $10,000.00 - $49,999.99
Balance: $10,000.01 - $50,000.00; as high as
Under $10,000; Balance: $0.01 required to earn APY; Transaction Limits: Limited
- Oct 20, 20260.05%▼ from 0.20%
- Sep 14, 20260.20%first recorded
Balance: Up to $999.99
Balance: $0.01 - $9,999.99
Balance: $100.00-$10,000; as high as
Balance: $10,000 & Up; Account Category: Personal
Balance: $2,500-$9,999.99; Account Category: Personal
Balance: $1.00 - $499.99
Balance: 0-$2,499.99; Account Category: Personal
Accumulation Shares have a $50.00 opening balance; $20.00 deposit required monthly; converts to a 3 month certificate once balance reaches $550.00
Qualifications Required; Linked to Round UP Checking. Debit card transactions rounded up and deposited into Round UP Savings. Match: 100% of rounded-up transfers for first 90 days, then 5% annually, max $250 per year. Rate effective as of January 1, 2025. Online Banking and eStatement required.
Earn up to 4.00% APY on balances up to $25,000
Balance: $0.00 - $25,000; Dividend Period: Monthly
Health Savings Account; fixed rate
Health Savings Account; fixed rate
Earn up to 3.50% APY when you are an account owner of a Bank Smartly Checking, Safe Debit account, or Bank Smartly Visa Signature Card and have a Combined Qualifying Balance (CQB) of at least $25,000; APYs may vary by location; Monthly maintenance fee $5, waivable
As High As; APY*
Max Balance: $2,500.00
As High As; APY*; repeated carousel card with a different value than the 3.50% High-Yield Savings card
- Oct 23, 20263.46%▼ from 3.50%
- Sep 20, 20263.50%first recorded
Balance: $0.00 - $249,999.99; Electronic statements; No monthly fee; Unlimited withdrawals
Power Duo promo: earn 3.40% APY when combined with a qualifying FirstBank CD
Health Savings Account; fixed rate
Health Savings Account; fixed rate
Balance: $5,000.00 to $2,000,000.99; Requires open Huntington Perks Checking account; Rates effective as of Monday, October 19, 2026
Balance: $5,000.00 to $2,000,000.99; Requires open Huntington Platinum Perks Checking account; Rates effective as of Monday, October 19, 2026
Balance: $0.00 to $1,000.00; Dividend rates are as of June 25, 2026; compounded quarterly; rate may change after account opening
Balance: $0.00 - $15,000.00; Premium rate on first $15,000; Requires YourStart Checking; Balances over $15,000.00 earn a standard rate of .25% APY; $3 monthly fee avoided if savings balance is at least $50
Balance: $1,000,000 and above; Requires $2,000 balance in Main Share account to qualify for Super Share
Balance: up to $100,000; No minimum balance; No monthly service fees
Balance: $300,000 & greater
Balance: $0.01 - $4,999.99; variable APY subject to change daily after account opening; APY accurate as of 07/17/2026
Balance: $500,000 - $999,999; Requires $2,000 balance in Main Share account to qualify for Super Share
Balance: $100,000 - $499,999; Requires $2,000 balance in Main Share account to qualify for Super Share
- Oct 5, 20262.50%▲ from 2.25%
- Sep 14, 20262.25%first recorded
Balance: $5,000.00 - $2,000,000.99; Huntington Relationship Savings Account; APY range 2.40%-4.00% and rate range 2.38%-3.94% based on zip code; variable rate; minimum $5,000 new money to open
Balance: $100,000 - $299,999
Balance: All Amounts; Monthly fee: listed
Balance: All Amounts; Monthly fee: listed
Balance: Balances $25,000.00 or more
- Oct 14, 20262.02%▼ from 2.53%
- Sep 14, 20262.53%first recorded
Balance: $250,000 and Over
Balance: $250,000 and over; Minimum Balance To Obtain Yield: $50,000; Rates subject to change after account opening; APY accurate as of September 28, 2026
Balance: $100,000 - $249,999.99
Balance: $75,001 +
Balance: $50,000 - $249,999.99; Minimum Balance To Obtain Yield: $50,000; Rates subject to change after account opening; APY accurate as of September 28, 2026
Balance: $50,001 - $75,000
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.
Elizabethtown, KY Savings Rate Trends
Compare local Elizabethtown, KY 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.
Kentucky high-yield savings rates fell 0.135 points over the past 7 days to 2.365% APY, down from 2.499%.
Kentucky standard savings rates fell 0.026 points over the past 7 days to 0.448% APY, down from 0.475%.
Elizabethtown, Kentucky Savings Rate Forecast, Next 12 Months
Savings rates move with Federal Reserve policy. Our model uses the current KY 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 KY high-yield savings average of 2.365% 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 Elizabethtown, Kentucky.
Savings Account Earnings in Elizabethtown, Kentucky
Annual interest earnings at current KY average APYs, based on the high-yield and standard savings averages tracked in our database. Compounding assumed monthly.
| Balance | HY Savings (2.365% APY) | Monthly Earnings | Standard Savings (0.448% APY) | Monthly Earnings |
|---|---|---|---|---|
| $5,000 | $118.23 / year | $9.85 | $22.42 / year | $1.87 |
| $10,000 | $236.45 / year | $19.70 | $44.83 / year | $3.74 |
| $25,000 | $591.13 / year | $49.26 | $112.08 / year | $9.34 |
| $50,000 | $1,182.25 / year | $98.52 | $224.15 / year | $18.68 |
| 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: Elizabethtown, Kentucky savings rate averages as of October 25, 2026. | ||||
About Our Elizabethtown, Kentucky Savings Rate Database
MonitorBankRates found 8 institutions with branches in Elizabethtown (6 banks, 2 credit unions), plus 24 additional state-chartered and national online institutions available to Elizabethtown 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: Abound Federal Credit Union offers a savings account at 4.25% APY. Use the rate table above to compare all current offers in Elizabethtown, Kentucky.
How to Find the Best Savings Rates in Elizabethtown, Kentucky
What to compare when shopping for a savings account in Elizabethtown, Kentucky
To find the best savings APYs in Elizabethtown, Kentucky, start with credit unions and online-only banks: Elizabethtown, Kentucky has 14 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 KY high-yield savings average is 2.365% but top local institutions are offering as high as 4.25%, 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. Elizabethtown, Kentucky high-yield savings rates currently average 2.365% 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 Elizabethtown, Kentucky institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 32 institutions in Elizabethtown, Kentucky 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 Elizabethtown, Kentucky CD rates
- You want check-writing flexibility Elizabethtown, Kentucky money market rates
- You need daily transaction access Elizabethtown, Kentucky checking rates
Elizabethtown, Kentucky Financial Snapshot
Local demographics and economic context for savers. Source: U.S. Census Bureau
14.9% of residents are 65 or older, below the national average of 17.3%. At today’s KY high-yield savings average of 2.365%, saving 10% of the local median salary ($4,046/year) would earn an additional $96 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Savings Accounts vs. Other Elizabethtown, Kentucky Options
How high-yield savings accounts compare to other deposit products available at banks and credit unions in Elizabethtown, Kentucky.
| Feature | High-Yield Savings | Standard Savings | Money Market | CD (12-Month) |
|---|---|---|---|---|
| Current KY Avg APY | 2.365% | 0.448% | 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 Elizabethtown, Kentucky averages tracked in our database as of October 25, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Savings Calculators for Elizabethtown, Kentucky
At KY’s top rate of 4.25% from Abound Federal Credit Union, a $10,000 deposit earns $425 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Elizabethtown, Kentucky earner is roughly $10,100. At 2.365% APY, saving $840/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. High-Yield SavingsKentucky’s high-yield savings average is 2.365% 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 Elizabethtown, Kentucky earner makes $40,468/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 2.365% APY.
Retirement PlannerA $25,000 high-yield savings balance earning 2.365% APY grows to roughly $39,896 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 Elizabethtown, Kentucky 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 Elizabethtown, Kentucky 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 Elizabethtown, Kentucky. We feature a comprehensive mix of institutions, from neighborhood credit unions and competitive regional banks to large national institutions available to savers in KY.
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 Elizabethtown, Kentucky
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Elizabethtown, Kentucky safe?
How often do savings rates change in Elizabethtown, Kentucky?
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 Elizabethtown, Kentucky?
How do I open a savings account in Elizabethtown, Kentucky?
Best Savings Rates in Elizabethtown, Kentucky
- Abound Federal Credit Union
High-Yield Savings Account: 4.25% APY - West Point Bank
High Yield Savings: 3.20% APY - Navy Federal Credit Union
Jumbo Money Market Savings Account (MMSA): 2.15% APY - Magnolia Bank
Magnify Savings: 1.50% APY - Woodforest National Bank
Personal Savings: 0.35% APY
Elizabethtown, Kentucky Rates & Resources
