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New Jersey Savings Rate Trends

Newark, New Jersey (NJ) Savings Rates - March 2026

The best savings rates for Newark, New Jersey and the surrounding area include GARDEN SAVINGSGARDEN SAVINGS120 Ferry St, Newark, NJ 07105A+5.0 ★Texas Ratio: 0.00% Accelerate Savings at 3.75% APY, Bogota Savings BankBogota Savings Bank1039 S Orange Ave, Newark, NJ 07106A5.0 ★Texas Ratio: 10.28% Statement Savings at 3.56% APY, PNC BankPNC Bank1140 Raymond Blvd, Newark, NJ 07102A5.0 ★Texas Ratio: 6.83% PNC High Yield Savings® at 3.25% APY, Capital One BankCapital One Bank800 Prides Xing, Newark, DE 19713A5.0 ★Texas Ratio: 10.41% 360 Performance Savings at 3.20% APY, and ConnectOne BankConnectOne Bank217 Chestnut St, Newark, NJ 07105A+5.0 ★Texas Ratio: 4.57% Connection Plus Savings at 3.10% APY. Savings rates as of March 27, 2026 according to verified data from MonitorBankRates.

To see how these savings rates in Newark, New Jersey, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Newark, New Jersey (NJ) are continually updated — we recommend checking back frequently.

Savings rates reflect recent market quotes and representative offers available to depositors in Newark, New Jersey and the surrounding area. Last Updated and Verified: March 27, 2026

Compare the Best Savings Rates in Newark, New Jersey & Surrounding Communities

Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
GARDEN SAVINGS
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
120 Ferry St, Newark, NJ 07105
Accelerate Savings
3.75%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

Earns 3.75% APY2 on balances up to $15,000

Bogota Savings Bank
Institution Rating:
A5.0 ★Texas Ratio: 10.28%
1039 S Orange Ave, Newark, NJ 07106
Statement Savings
3.56%
$250
Rate3.50%
Min Deposit$250
Min Balance
UpdatedMar 25, 2026
Details

Interest Compounded Daily | Posted Monthly

PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
1140 Raymond Blvd, Newark, NJ 07102
PNC High Yield Savings®
3.25%
$0
Rate3.20%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Capital One Bank
Institution Rating:
A5.0 ★Texas Ratio: 10.41%
800 Prides Xing, Newark, DE 19713
360 Performance Savings
3.20%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

ConnectOne Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.57%
217 Chestnut St, Newark, NJ 07105
Connection Plus Savings
3.10%
$2,500
Rate3.05%
Min Deposit$2,500
Min Balance
UpdatedMar 25, 2026
Details

ConnectOne Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.57%
217 Chestnut St, Newark, NJ 07105
Connection Plus Savings
3.00%
$2,500
Rate2.95%
Min Deposit$2,500
Min Balance
UpdatedMar 25, 2026
Details

Bogota Savings Bank
Institution Rating:
A5.0 ★Texas Ratio: 10.28%
1039 S Orange Ave, Newark, NJ 07106
Statement Savings
2.79%
$250
Rate2.75%
Min Deposit$250
Min Balance
UpdatedMar 25, 2026
Details

Interest Compounded Daily | Posted Monthly

Bogota Savings Bank
Institution Rating:
A5.0 ★Texas Ratio: 10.28%
1039 S Orange Ave, Newark, NJ 07106
Statement Savings
2.53%
$250
Rate2.50%
Min Deposit$250
Min Balance
UpdatedMar 25, 2026
Details

Interest Compounded Daily | Posted Monthly

Bogota Savings Bank
Institution Rating:
A5.0 ★Texas Ratio: 10.28%
1039 S Orange Ave, Newark, NJ 07106
Statement Savings
2.02%
$250
Rate2.00%
Min Deposit$250
Min Balance
UpdatedMar 25, 2026
Details

Interest Compounded Daily | Posted Monthly

Bogota Savings Bank
Institution Rating:
A5.0 ★Texas Ratio: 10.28%
1039 S Orange Ave, Newark, NJ 07106
Statement Savings
1.01%
$250
Rate1.00%
Min Deposit$250
Min Balance
UpdatedMar 25, 2026
Details

Interest Compounded Daily | Posted Monthly

Selfreliance Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.56%
734 Sanford Ave, Newark, NJ 07106
Coverdell Education Savings Accounts
1.00%
$0
Rate1.00%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

GARDEN SAVINGS
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
120 Ferry St, Newark, NJ 07105
Accelerate Savings
1.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

Earns 1.00% APY2 on balances over $15,000

Bogota Savings Bank
Institution Rating:
A5.0 ★Texas Ratio: 10.28%
1039 S Orange Ave, Newark, NJ 07106
Statement Savings
0.75%
$250
Rate0.75%
Min Deposit$250
Min Balance
UpdatedMar 25, 2026
Details

Interest Compounded Daily | Posted Monthly

GARDEN SAVINGS
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
120 Ferry St, Newark, NJ 07105
High Yield Savings
0.50%
$0
Rate0.50%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

Bogota Savings Bank
Institution Rating:
A5.0 ★Texas Ratio: 10.28%
1039 S Orange Ave, Newark, NJ 07106
Statement Savings IRA
0.30%
$25
Rate0.30%
Min Deposit$25
Min Balance
UpdatedMar 25, 2026
Details

Interest Compounded Daily | Posted Monthly

GARDEN SAVINGS
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
120 Ferry St, Newark, NJ 07105
High Yield Savings
0.30%
$0
Rate0.30%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

ValleyDirect
Institution Rating:
A+5.0 ★Texas Ratio: 3.76%
289 Ferry St, Newark, NJ 07105
Kids First Savings
0.25%
$1
Rate0.00%
Min Deposit$1
Min Balance
UpdatedMar 22, 2026
Details

No minimum balance; Available for minors under 18

Bogota Savings Bank
Institution Rating:
A5.0 ★Texas Ratio: 10.28%
1039 S Orange Ave, Newark, NJ 07106
Statement Savings IRA
0.25%
$25
Rate0.25%
Min Deposit$25
Min Balance
UpdatedMar 25, 2026
Details

Interest Compounded Daily | Posted Monthly

Bogota Savings Bank
Institution Rating:
A5.0 ★Texas Ratio: 10.28%
1039 S Orange Ave, Newark, NJ 07106
Super Passbook Savings
0.25%
$2,500
Rate0.25%
Min Deposit$2,500
Min Balance
UpdatedMar 25, 2026
Details

Interest Compounded Daily | Posted Monthly

Bogota Savings Bank
Institution Rating:
A5.0 ★Texas Ratio: 10.28%
1039 S Orange Ave, Newark, NJ 07106
Passbook Savings
0.20%
$100
Rate0.20%
Min Deposit$100
Min Balance
UpdatedMar 25, 2026
Details

Interest Compounded Daily | Posted Monthly

Bogota Savings Bank
Institution Rating:
A5.0 ★Texas Ratio: 10.28%
1039 S Orange Ave, Newark, NJ 07106
Statement Savings IRA
0.20%
$25
Rate0.20%
Min Deposit$25
Min Balance
UpdatedMar 25, 2026
Details

Interest Compounded Daily | Posted Monthly

Bogota Savings Bank
Institution Rating:
A5.0 ★Texas Ratio: 10.28%
1039 S Orange Ave, Newark, NJ 07106
Statement Savings IRA
0.15%
$25
Rate0.15%
Min Deposit$25
Min Balance
UpdatedMar 25, 2026
Details

Interest Compounded Daily | Posted Monthly

Liberty Savings Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.74%
106 Fleming Ave, Newark, NJ 07105
Savings
0.10%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 27, 2026
Details

Liberty Savings Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.74%
106 Fleming Ave, Newark, NJ 07105
IRA Savings
0.10%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 27, 2026
Details

Essex County Teachers Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.69%
465 Martin Luther King Jr Blvd, Newark, NJ 07102
Sub-share
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

Essex County Teachers Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.69%
465 Martin Luther King Jr Blvd, Newark, NJ 07102
Share
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

Selfreliance Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.56%
734 Sanford Ave, Newark, NJ 07106
Savings Accounts
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

ValleyDirect
Institution Rating:
A+5.0 ★Texas Ratio: 3.76%
289 Ferry St, Newark, NJ 07105
Tiered Money Market Savings
0.10%
$2,000
Rate0.00%
Min Deposit$2,000
Min Balance
UpdatedMar 22, 2026
Details

No maintenance charge for average daily balances of $10,000 or more

Bogota Savings Bank
Institution Rating:
A5.0 ★Texas Ratio: 10.28%
1039 S Orange Ave, Newark, NJ 07106
Statement Savings IRA
0.10%
$25
Rate0.10%
Min Deposit$25
Min Balance
UpdatedMar 25, 2026
Details

Interest Compounded Daily | Posted Monthly

GARDEN SAVINGS
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
120 Ferry St, Newark, NJ 07105
Member Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

$250 minimum balance required to earn dividends.

GARDEN SAVINGS
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
120 Ferry St, Newark, NJ 07105
Business Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

No monthly service charges.

ValleyDirect
Institution Rating:
A+5.0 ★Texas Ratio: 3.76%
289 Ferry St, Newark, NJ 07105
Money Market Savings
0.05%
$10,000
Rate0.00%
Min Deposit$10,000
Min Balance
UpdatedMar 22, 2026
Details

Great for balances over $10k; No maintenance charge for average daily balances of $10,000 or more

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
550 Broad St, Newark, NJ 07102
Retirement High Yield Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
550 Broad St, Newark, NJ 07102
Platinum Savings
0.05%
$25
Rate0.05%
Min Deposit$25
Min Balance
UpdatedMar 22, 2026
Details

Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit

Federal Employees Newark Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.46%
970 Broad St, Newark, NJ 07102 2534
Savings Accounts
0.04%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

No Minimum Balance Required

PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
1140 Raymond Blvd, Newark, NJ 07102
Standard Savings
0.03%
$0
Rate0.03%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
550 Broad St, Newark, NJ 07102
Platinum Savings
0.02%
$25
Rate0.02%
Min Deposit$25
Min Balance
UpdatedMar 22, 2026
Details

Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit

FourLeaf Federal Credit Union
Institution Rating:
A-4.9 ★Texas Ratio: 15.85%
56 Haddonfield Rd, Cherry Hill, NJ 08002 2057
Student Savings
5.00%
$0
Rate4.91%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

Balances $0.00 - $1,000.00

Andrews Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.92%
2200 Mount Holly Rd, Burlington, NJ 08016
Online Savings Account
5.00%
$0
Rate4.89%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

Qualifying balance up to $1,000.00

Ukrainian Selfreliance Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.47%
477 Jeremiah Ave, Trenton, NJ 08610
IRA Savings
4.08%
$0
Rate4.00%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Healthcare Employees Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.92%
29 Emmons Dr Ste C40, Princeton, NJ 08540 5971
Healthy Savings
4.07%
$0
Rate4.00%
Min Deposit$0
Min Balance
UpdatedMar 27, 2026
Details

First Atlantic Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.55%
468 INDUSTRIAL WAY W, EATONTOWN, NJ 07724 2210
Head Start Youth Savings
4.00%
$0
Rate3.93%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

Qualifying balance up to $5,000.00

Greater Alliance Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 13.52%
40 W Century Rd, Paramus, NJ 07652 1454
Promotional Savings Account
4.00%
$500
Rate0.00%
Min Deposit$500
Min Balance
UpdatedMar 26, 2026
Details

Qualifying balance up to $10,000; for one year!

Pinnacle Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.32%
2909 Washington Rd Ste 10, Parlin, NJ 08859
Accelerate Savings
3.75%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

The Atlantic Federal Credit Union
Institution Rating:
B4.6 ★Texas Ratio: 19.74%
1331 Magie Ave, Union, NJ 07083
Ultra Savings
3.50%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Andrews Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.92%
2200 Mount Holly Rd, Burlington, NJ 08016
High Yield Savings Account
3.25%
$0
Rate3.20%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

Affinity Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.16%
73 Mountainview Blvd, Basking Ridge, NJ 07920 3849
Performance Savings
3.25%
$5
Rate3.20%
Min Deposit$5
Min Balance
UpdatedMar 24, 2026
Details

Qualifications Required

Ukrainian Selfreliance Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.47%
477 Jeremiah Ave, Trenton, NJ 08610
High Yield Savings
3.20%
$0
Rate3.15%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

Self Reliance NY Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
477 Jeremiah Ave, Trenton, NJ 08610
High Yield Savings
3.20%
$0
Rate3.15%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

American Heritage Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.69%
100 Haddonfield Rd, Cherry Hill, NJ 08002 4402
Business High-Yield Savings
3.10%
$10,000
Rate0.00%
Min Deposit$10,000
Min Balance
UpdatedMar 25, 2026
Details

Qualifying balance up to $1,000,000

American Heritage Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.69%
100 Haddonfield Rd, Cherry Hill, NJ 08002 4402
High-Yield Savings2
3.10%
$0
Rate3.06%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

Healthcare Employees Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.92%
29 Emmons Dr Ste C40, Princeton, NJ 08540 5971
Healthy Savings
3.04%
$0
Rate3.00%
Min Deposit$0
Min Balance
UpdatedMar 27, 2026
Details

Healthcare Employees Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.92%
29 Emmons Dr Ste C40, Princeton, NJ 08540 5971
Wellness Savings
3.04%
$0
Rate3.00%
Min Deposit$0
Min Balance
UpdatedMar 27, 2026
Details

Financial Resources Federal Credit Union
Institution Rating:
B-4.3 ★Texas Ratio: 23.26%
67 Church St, Flemington, NJ 08822
420 Business Purple Savings
3.03%
$0
Rate3.00%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Financial Resources Federal Credit Union
Institution Rating:
B-4.3 ★Texas Ratio: 23.26%
67 Church St, Flemington, NJ 08822
Business Purple Savings
3.03%
$0
Rate3.00%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Financial Resources Federal Credit Union
Institution Rating:
B-4.3 ★Texas Ratio: 23.26%
67 Church St, Flemington, NJ 08822
Municipal Purple Savings
3.03%
$0
Rate3.00%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Financial Resources Federal Credit Union
Institution Rating:
B-4.3 ★Texas Ratio: 23.26%
67 Church St, Flemington, NJ 08822
Non-Profit Purple Savings
3.03%
$0
Rate3.00%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Financial Resources Federal Credit Union
Institution Rating:
B-4.3 ★Texas Ratio: 23.26%
67 Church St, Flemington, NJ 08822
Ultra Purple Savings
3.03%
$0
Rate3.00%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Financial Resources Federal Credit Union
Institution Rating:
B-4.3 ★Texas Ratio: 23.26%
67 Church St, Flemington, NJ 08822
Youth Savings
3.03%
$0
Rate3.00%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

First Harvest Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.67%
227 Market St, Camden, NJ 08102
Business Savings
3.00%
$0
Rate2.97%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

$1,000 - $99,999.99

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.

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.

Newark, NJ Savings Rate Trends

Compare local Newark, NJ savings rate quotes against the statewide average

Weekly savings rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.

View Full New Jersey Savings Trends →
High-Yield Savings — NJ Avg
0.677%
▲ 0.643 from last week

New Jersey high-yield savings rates rose 0.643 points this week to 0.677% APY, up from 0.033% last week.

Standard Savings — NJ Avg
0.515%
▲ 0.469 from last week

New Jersey standard savings rates rose 0.469 points this week to 0.515% APY, up from 0.047% last week.

As of Mar 28, 2026 • Rate data sourced from 8,500+ monitored institutions Powered by MonitorBankRates

Methodology & Data Sources

Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Newark, New Jersey 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 Newark, New Jersey. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in NJ.

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 Newark, New Jersey

What is a High-Yield Savings Account (HYSA)?

A High-Yield Savings Account (HYSA) typically pays significantly higher interest than standard accounts at national brick-and-mortar banks. These accounts, often found at online banks or local credit unions in New Jersey, help your money grow faster through a higher APY.

Are savings accounts in Newark, New Jersey 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 Jersey up to $250,000 per depositor, per institution.

How often do savings rates change in Newark, New Jersey?

Savings rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local New Jersey rate tables daily to ensure you see the most current high-yield options.

Do I need a minimum deposit to open a savings account?

It depends on the bank. Many online high-yield savings accounts have no minimum deposit requirement, while some traditional banks in Newark, New Jersey may require $25–$100 to open an account.

What is the difference between a Savings Account and a Money Market Account?

Both pay interest and are federally insured. Money Market Accounts (MMAs) often come with check-writing privileges or a debit card, making them more flexible, whereas standard savings accounts typically do not.

Are online banks better than local banks in Newark, New Jersey?

Online banks often offer higher APYs because they have lower overhead costs. However, local banks in Newark, New Jersey offer in-person customer service, which some customers prefer.

How do I open a savings account in Newark, New Jersey?

You can open a savings account online or in-person. You will generally need a government-issued ID, your Social Security number, and an initial deposit to get started.

Best Savings Rates in Newark, New Jersey

Here are recent savings rates observed in Newark, New Jersey and the surrounding area:
  • GARDEN SAVINGS
    Accelerate Savings — 3.75% APY
  • Bogota Savings Bank
    Statement Savings — 3.56% APY
  • PNC Bank
    PNC High Yield Savings® — 3.25% APY
  • Capital One Bank
    360 Performance Savings — 3.20% APY
  • ConnectOne Bank
    Connection Plus Savings — 3.10% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Newark, New Jersey. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 27, 2026