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New York Savings Rate Trends

New Hyde Park, New York (NY) Savings Rates - April 2026

The best savings rates for New Hyde Park, New York and the surrounding area include Maspeth Federal S&LMaspeth Federal S&L801 Jericho Tpke, New Hyde Park, NY 11040A5.0 ★Texas Ratio: 6.07% Teen Savings at 10.00% APY, FourLeaf Federal Credit UnionFourLeaf Federal Credit Union2055 Hillside Ave, New Hyde Park, NY 11040 2612A-4.9 ★Texas Ratio: 15.85% Student Savings at 5.00% APY, Jovia Federal Credit UnionJovia Federal Credit Union1636 Marcus Ave, New Hyde Park, NY 11040A5.0 ★Texas Ratio: 10.24% Online Savings at 3.20% APY, HSBC Bank USAHSBC Bank USA1572 Union Tpke, New Hyde Park, NY 11040A+5.0 ★Texas Ratio: 3.89% Premier Relationship Savings at 3.20% APY, and ValleyDirectValleyDirect699 Hillside Ave, New Hyde Park, NY 11040A+5.0 ★Texas Ratio: 3.76% Kids First Savings at 0.25% APY.

New Hyde Park has 27 local institutions in our database, with savings rates as high as 10.00% APY from Maspeth Federal S&L at 801 Jericho Tpke, New Hyde Park, NY 11040. Use the table below to compare all available offers, including options from institutions serving the broader New York area. Rates are continually updated — we recommend checking back frequently.

Savings rates reflect recent market quotes and representative offers available to depositors in New Hyde Park, New York and the surrounding area. Last Updated and Verified: April 6, 2026

Compare the Best Savings Rates in New Hyde Park, New York & Surrounding Communities

Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Maspeth Federal S&L
Institution Rating:
A5.0 ★Texas Ratio: 6.07%
801 Jericho Tpke, New Hyde Park, NY 11040
Teen Savings
10.00%
$0
Rate9.57%
Min Deposit$0
Min Balance
UpdatedApr 3, 2026
Details

Qualifying balance up to $6000.00

FourLeaf Federal Credit Union
Institution Rating:
A-4.9 ★Texas Ratio: 15.85%
2055 Hillside Ave, New Hyde Park, NY 11040 2612
Student Savings
5.00%
$0
Rate4.91%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

Balances $0.00 - $1,000.00

Jovia Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.24%
1636 Marcus Ave, New Hyde Park, NY 11040
Online Savings
3.20%
$11
Rate3.15%
Min Deposit$11
Min Balance
UpdatedMar 27, 2026
Details

HSBC Bank USA
Institution Rating:
A+5.0 ★Texas Ratio: 3.89%
1572 Union Tpke, New Hyde Park, NY 11040
Premier Relationship Savings
3.20%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 29, 2026
Details

Relationship

Jovia Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.24%
1636 Marcus Ave, New Hyde Park, NY 11040
Health Savings Account
2.00%
$0
Rate1.98%
Min Deposit$0
Min Balance
UpdatedMar 27, 2026
Details

Jovia Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.24%
1636 Marcus Ave, New Hyde Park, NY 11040
Youth Savings Account
1.01%
$0
Rate1.00%
Min Deposit$0
Min Balance
UpdatedMar 27, 2026
Details

Maspeth Federal S&L
Institution Rating:
A5.0 ★Texas Ratio: 6.07%
801 Jericho Tpke, New Hyde Park, NY 11040
Statement Savings
0.50%
$0
Rate0.49%
Min Deposit$0
Min Balance
UpdatedApr 3, 2026
Details

Maspeth Federal S&L
Institution Rating:
A5.0 ★Texas Ratio: 6.07%
801 Jericho Tpke, New Hyde Park, NY 11040
Passbook Savings
0.50%
$0
Rate0.49%
Min Deposit$0
Min Balance
UpdatedApr 3, 2026
Details

ValleyDirect
Institution Rating:
A+5.0 ★Texas Ratio: 3.76%
699 Hillside Ave, New Hyde Park, NY 11040
Kids First Savings
0.25%
$1
Rate0.00%
Min Deposit$1
Min Balance
UpdatedMar 29, 2026
Details

Jovia Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.24%
1636 Marcus Ave, New Hyde Park, NY 11040
Health Savings Account
0.20%
$0
Rate0.20%
Min Deposit$0
Min Balance
UpdatedMar 27, 2026
Details

HSBC Bank USA
Institution Rating:
A+5.0 ★Texas Ratio: 3.89%
1572 Union Tpke, New Hyde Park, NY 11040
Premier Savings
0.15%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 29, 2026
Details

ValleyDirect
Institution Rating:
A+5.0 ★Texas Ratio: 3.76%
699 Hillside Ave, New Hyde Park, NY 11040
Tiered Money Market Savings
0.10%
$2,000
Rate0.00%
Min Deposit$2,000
Min Balance
UpdatedMar 29, 2026
Details

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

Jovia Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.24%
1636 Marcus Ave, New Hyde Park, NY 11040
Special Purpose Savings
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 27, 2026
Details

Jovia Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.24%
1636 Marcus Ave, New Hyde Park, NY 11040
Share Savings
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 27, 2026
Details

Jovia Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.24%
1636 Marcus Ave, New Hyde Park, NY 11040
Health Savings Account
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 27, 2026
Details

Jovia Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.24%
1636 Marcus Ave, New Hyde Park, NY 11040
Business Savings
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 27, 2026
Details

FourLeaf Federal Credit Union
Institution Rating:
A-4.9 ★Texas Ratio: 15.85%
2055 Hillside Ave, New Hyde Park, NY 11040 2612
Savings Accounts
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

FourLeaf Federal Credit Union
Institution Rating:
A-4.9 ★Texas Ratio: 15.85%
2055 Hillside Ave, New Hyde Park, NY 11040 2612
Business Savings Account*
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 25, 2026
Details

$5 to open

HSBC Bank USA
Institution Rating:
A+5.0 ★Texas Ratio: 3.89%
1572 Union Tpke, New Hyde Park, NY 11040
Premier Savings
0.10%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 29, 2026
Details

HSBC Bank USA
Institution Rating:
A+5.0 ★Texas Ratio: 3.89%
1572 Union Tpke, New Hyde Park, NY 11040
Premier Relationship Savings
0.05%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 29, 2026
Details

HSBC Bank USA
Institution Rating:
A+5.0 ★Texas Ratio: 3.89%
1572 Union Tpke, New Hyde Park, NY 11040
Advance Savings
0.05%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 29, 2026
Details

ValleyDirect
Institution Rating:
A+5.0 ★Texas Ratio: 3.76%
699 Hillside Ave, New Hyde Park, NY 11040
Money Market Savings
0.05%
$10,000
Rate0.00%
Min Deposit$10,000
Min Balance
UpdatedMar 29, 2026
Details

HSBC Bank USA
Institution Rating:
A+5.0 ★Texas Ratio: 3.89%
1572 Union Tpke, New Hyde Park, NY 11040
Advance Savings
0.01%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 29, 2026
Details

HSBC Bank USA
Institution Rating:
A+5.0 ★Texas Ratio: 3.89%
1572 Union Tpke, New Hyde Park, NY 11040
Everyday Savings
0.01%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 29, 2026
Details

HSBC Bank USA
Institution Rating:
A+5.0 ★Texas Ratio: 3.89%
1572 Union Tpke, New Hyde Park, NY 11040
Premier Savings
0.01%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 29, 2026
Details

ValleyDirect
Institution Rating:
A+5.0 ★Texas Ratio: 3.76%
699 Hillside Ave, New Hyde Park, NY 11040
All Access Savings
0.01%
$100
Rate0.00%
Min Deposit$100
Min Balance
UpdatedMar 29, 2026
Details

Comes with a card for ATM withdrawals; No maintenance charge for average daily balances of $300 or more

Dime Community Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.70%
2401 Jericho Tpke, New Hyde Park, NY 11040
Aspire Statement Savings
0.01%
$100
Rate0.00%
Min Deposit$100
Min Balance
UpdatedMar 25, 2026
Details

Monthly cycle service charge of $5.00 if the average account balance falls below $500

SJP Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.45%
Youth Savings Account
6.17%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedApr 4, 2026
Details

Qualifying balance up to $10,000.00

Suffolk Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.20%
Youth Savings Account
6.00%
$0
Rate5.84%
Min Deposit$0
Min Balance
UpdatedApr 5, 2026
Details

Qualifying balance up to $2,500.00

Suffolk Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.20%
Youth Savings
6.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedApr 5, 2026
Details

Earn a great rate, plus get $25 when balance reaches $1,000.

N C P D
Institution Rating:
A+5.0 ★Texas Ratio: 4.12%
Youth/Teen/Milestone Savings
5.09%
$0
Rate5.00%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

Qualifying balance up to $1,000.00

Together Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.65%
Accelerate It Savings
5.00%
$0
Rate4.89%
Min Deposit$0
Min Balance
UpdatedApr 6, 2026
Details

Qualifying balance up to $5,000.00

Island Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.75%
"High Five" Youth Savings Account
5.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedApr 4, 2026
Details

Qualifying balance up to $500.00

Kinecta Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.14%
High Yield Savings (Personal)
5.00%
$0
Rate4.89%
Min Deposit$0
Min Balance
UpdatedApr 4, 2026
Details

Focus First Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.27%
Companion Savings
5.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedApr 4, 2026
Details

General Electric Employees Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.21%
Jump Start Savings
5.00%
$0
Rate5.00%
Min Deposit$0
Min Balance
UpdatedApr 4, 2026
Details

Qualifying balance up to $1,000.00

Ocean Financial Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 12.70%
Youth & Young Adult Savings
5.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedApr 5, 2026
Details

Qualifying balance up to $1,000.00

Family First Of NY Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.73%
Companion Savings
5.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedApr 5, 2026
Details

Qualifying balance up to $1,000.00

Family First Of NY Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.73%
Savings
5.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedApr 5, 2026
Details

Metro Realtors Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.82%
Smarts Starts Early Youth Savings
5.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedApr 5, 2026
Details

UP TO AGE 21

Together Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.65%
Savings
5.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedApr 6, 2026
Details

As high as

Northern Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.98%
NEXT eSavings
5.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

Qualifying balance up to $1,000.00

Kinecta Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.14%
High Yield Savings
5.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedApr 4, 2026
Details

Qualifying balance up to $499.99

Greene County Commercial Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
e-SAVINGS
5.00%
$0
Rate4.88%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

Qualifying balance up to $500.00

Greene County Commercial Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
Student e-Next Generation Savings
5.00%
$0
Rate4.88%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

Qualifying balance up to $100.00

Bank of Greene County
Institution Rating:
A+5.0 ★Texas Ratio: 2.68%
e-BUSINESS SAVINGS
5.00%
$0
Rate4.88%
Min Deposit$0
Min Balance
UpdatedApr 2, 2026
Details

Qualifying balance up to $500.00

Bank of Greene County
Institution Rating:
A+5.0 ★Texas Ratio: 2.68%
e-SAVINGS
5.00%
$0
Rate4.88%
Min Deposit$0
Min Balance
UpdatedApr 2, 2026
Details

Qualifying balance up to $500.00

Bank of Greene County
Institution Rating:
A+5.0 ★Texas Ratio: 2.68%
Student e-Next Generation Savings
5.00%
$0
Rate4.88%
Min Deposit$0
Min Balance
UpdatedApr 2, 2026
Details

Qualifying balance up to $100.00

Greene County Commercial Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
e-BUSINESS SAVINGS
5.00%
$0
Rate4.88%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

Qualifying balance up to $500.00

Apple Bank for Savings
Institution Rating:
A+5.0 ★Texas Ratio: 1.54%
SmartStart Savings for Youth
5.00%
$1
Rate4.88%
Min Deposit$1
Min Balance
UpdatedApr 4, 2026
Details

Qualifying balance up to $10,000.00

Apple Bank for Savings
Institution Rating:
A+5.0 ★Texas Ratio: 1.54%
SmartStart Savings for Young Adults
5.00%
$1
Rate4.88%
Min Deposit$1
Min Balance
UpdatedApr 4, 2026
Details

Qualifying balance up to $10,000.00

Apple Bank for Savings
Institution Rating:
A+5.0 ★Texas Ratio: 1.54%
SmartStart Savings for Teens
5.00%
$1
Rate0.00%
Min Deposit$1
Min Balance
UpdatedApr 4, 2026
Details

Qualifying balance up to $10,000.00

Apple Bank for Savings
Institution Rating:
A+5.0 ★Texas Ratio: 1.54%
SmartStart Savings & Banking
5.00%
$1
Rate0.00%
Min Deposit$1
Min Balance
UpdatedApr 4, 2026
Details

Qualifying balance up to $10,000.00

Apple Bank for Savings
Institution Rating:
A+5.0 ★Texas Ratio: 1.54%
SmartStart Savings
5.00%
$1
Rate0.00%
Min Deposit$1
Min Balance
UpdatedApr 4, 2026
Details

Qualifying balance up to $10,000

Apple Bank for Savings
Institution Rating:
A+5.0 ★Texas Ratio: 1.54%
SmartStart Banking & Savings
5.00%
$1
Rate0.00%
Min Deposit$1
Min Balance
UpdatedApr 4, 2026
Details

Qualifying balance up to $10,000.00

Apple Bank for Savings
Institution Rating:
A+5.0 ★Texas Ratio: 1.54%
Apple Bank SmartStart Savings Account
5.00%
$0
Rate4.88%
Min Deposit$0
Min Balance
UpdatedApr 4, 2026
Details

Qualifying balance up to $10,000.00

Justice Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.17%
FREEDOM DIRECT SAVINGS
4.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedApr 4, 2026
Details

when you add Direct Deposit to a new or existing Justice Federal Checking Account.

Ukrainian Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.45%
Personal Share Draft
4.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedApr 4, 2026
Details

Qualifying balance up to $25,000.00

Brooklyn Cooperative Federal Credit Union
Institution Rating:
A-5.0 ★Texas Ratio: 15.06%
High Yield Savings
4.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedApr 6, 2026
Details

Quorum Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 13.51%
HighMarq Savings
3.75%
$0
Rate3.69%
Min Deposit$0
Min Balance
UpdatedApr 5, 2026
Details

The current dividend rate is 3.69% for balances $10,000 and over.

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.

New Hyde Park, NY Savings Rate Trends

Compare local New Hyde Park, NY 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.

View Full New York Savings Trends →
High-Yield Savings — NY Avg
1.483%
▲ 0.161 vs 7 days ago

New York high-yield savings rates rose 0.161 points over the past 7 days to 1.483% APY, up from 1.322%.

Standard Savings — NY Avg
1.246%
▲ 0.794 vs 7 days ago

New York standard savings rates rose 0.794 points over the past 7 days to 1.246% APY, up from 0.452%.

As of Apr 8, 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 New Hyde Park, 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 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 New Hyde Park, New York. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in NY.

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 New Hyde Park, New York

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 York, help your money grow faster through a higher APY.

Are savings accounts in New Hyde Park, New York 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 York up to $250,000 per depositor, per institution.

How often do savings rates change in New Hyde Park, New York?

Savings rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local New York 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 New Hyde Park, New York 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 New Hyde Park, New York?

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

How do I open a savings account in New Hyde Park, New York?

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 New Hyde Park, New York

Here are recent savings rates observed in New Hyde Park, New York and the surrounding area:
  • Maspeth Federal S&L
    Teen Savings — 10.00% APY
  • FourLeaf Federal Credit Union
    Student Savings — 5.00% APY
  • Jovia Federal Credit Union
    Online Savings — 3.20% APY
  • HSBC Bank USA
    Premier Relationship Savings — 3.20% APY
  • ValleyDirect
    Kids First Savings — 0.25% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in New Hyde Park, New York. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: April 6, 2026