New York, New York (NY) Savings Rates - April 2026
Content reviewed by
Brian McKay
i
Editorial Disclosure
Brian McKay
Brian McKay
Founder & Data ArchitectExpertise
- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
- Bank & Credit Union Health Safety Ratings
- Bank & Credit Union Star Ratings
- Finance Calculators
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Read Full Bio →
Editorial Disclosure
The savings rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
The best savings rates for New York, New York and the surrounding area include Apple Bank for SavingsApple Bank for Savings10 Downing St, New York, NY 10014A+5.0 ★Texas Ratio: 1.54% Apple Bank SmartStart Savings Account at 5.00% APY, FourLeaf Federal Credit UnionFourLeaf Federal Credit Union111 W 26th St, New York, NY 10001 6802A-4.9 ★Texas Ratio: 15.85% Student Savings at 5.00% APY, Carver Federal Savings BankCarver Federal Savings Bank75 W 125th St, New York, NY 10027C3.9 ★Texas Ratio: 28.07% High Yield Online Savings at 4.25% APY, Justice Federal Credit UnionJustice Federal Credit Union290 Broadway Fl 10, New York, NY 10007 1823A5.0 ★Texas Ratio: 9.17% FREEDOM DIRECT SAVINGS at 4.00% APY, and Royal Business BankRoyal Business Bank179 Canal St, New York, NY 10013A5.0 ★Texas Ratio: 6.64% New Year Flexible Savings Account at 3.75% APY. Savings rates as of April 4, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in New York, New York, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in New York, New York (NY) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in New York, New York and the surrounding area. Last Updated and Verified: April 4, 2026
Compare the Best Savings Rates in New York, New York & Surrounding Communities
Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Apple Bank for Savings
Institution Rating:
A+5.0 ★Texas Ratio: 1.54%
10 Downing St, New York, NY 10014
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
Apple Bank for Savings
Institution Rating:
A+5.0 ★Texas Ratio: 1.54%
10 Downing St, New York, NY 10014
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%
10 Downing St, New York, NY 10014
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%
10 Downing St, New York, NY 10014
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
FourLeaf Federal Credit Union
Institution Rating:
A-4.9 ★Texas Ratio: 15.85%
111 W 26th St, New York, NY 10001 6802
Student Savings
5.00%
$0
▼
Rate4.91%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Balances $0.00 - $1,000.00
Apple Bank for Savings
Institution Rating:
A+5.0 ★Texas Ratio: 1.54%
10 Downing St, New York, NY 10014
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%
10 Downing St, New York, NY 10014
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%
10 Downing St, New York, NY 10014
SmartStart Savings & Banking
5.00%
$1
▼
Rate0.00%
Min Deposit$1
Min Balance—
UpdatedApr 4, 2026
Details
Qualifying balance up to $10,000.00
Carver Federal Savings Bank
Institution Rating:
C3.9 ★Texas Ratio: 28.07%
75 W 125th St, New York, NY 10027
High Yield Online Savings
4.25%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 4, 2026
Details
Carver Federal Savings Bank
Institution Rating:
C3.9 ★Texas Ratio: 28.07%
75 W 125th St, New York, NY 10027
Money Market Accounts & High Yield Savings
4.25%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 4, 2026
Details
Apple Bank for Savings
Institution Rating:
A+5.0 ★Texas Ratio: 1.54%
10 Downing St, New York, NY 10014
My Reserve Savings Account
4.00%
$0
▼
Rate3.92%
Min Deposit$0
Min Balance—
UpdatedApr 4, 2026
Details
New Money Only
Apple Bank for Savings
Institution Rating:
A+5.0 ★Texas Ratio: 1.54%
10 Downing St, New York, NY 10014
Savings Account
4.00%
$0
▼
Rate3.92%
Min Deposit$0
Min Balance—
UpdatedApr 4, 2026
Details
Carver Federal Savings Bank
Institution Rating:
C3.9 ★Texas Ratio: 28.07%
75 W 125th St, New York, NY 10027
High Yield Online Savings Account
4.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedApr 4, 2026
Details
Carver Federal Savings Bank
Institution Rating:
C3.9 ★Texas Ratio: 28.07%
75 W 125th St, New York, NY 10027
High Yield Savings
4.00%
$5,000
▼
Rate3.92%
Min Deposit$5,000
Min Balance—
UpdatedApr 4, 2026
Details
**Exclusive online**
Justice Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.17%
290 Broadway Fl 10, New York, NY 10007 1823
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.
Royal Business Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.64%
179 Canal St, New York, NY 10013
New Year Flexible Savings Account
3.75%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Terms and Conditions apply.
Spring Bank Bronx, NY
Institution Rating:
A5.0 ★Texas Ratio: 11.84%
301 W 111th St, New York, NY 10026
Savings & IRA Savings
3.75%
$25
▼
Rate3.68%
Min Deposit$25
Min Balance—
UpdatedApr 4, 2026
Details
New York University Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.42%
726 Broadway Ste 110, New York, NY 10003 9616
High-Yield Savings
3.70%
$0
▼
Rate3.65%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
The Finest Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.23%
215 Park Row, New York, NY 10038
24 Mo Share Cert
3.56%
$500
▼
Rate0.00%
Min Deposit$500
Min Balance—
UpdatedMar 24, 2026
Details
The Finest Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.23%
215 Park Row, New York, NY 10038
12 Mo Share Cert
3.56%
$500
▼
Rate0.00%
Min Deposit$500
Min Balance—
UpdatedMar 24, 2026
Details
Apple Bank for Savings
Institution Rating:
A+5.0 ★Texas Ratio: 1.54%
10 Downing St, New York, NY 10014
Simple Savings Account Preferred Rate
3.55%
$0
▼
Rate3.48%
Min Deposit$0
Min Balance—
UpdatedApr 4, 2026
Details
Simple Banking Program
Apple Bank for Savings
Institution Rating:
A+5.0 ★Texas Ratio: 1.54%
10 Downing St, New York, NY 10014
Apple Bank Core Savings Account
3.55%
$0
▼
Rate3.48%
Min Deposit$0
Min Balance—
UpdatedApr 4, 2026
Details
Hanover Community Bank
Institution Rating:
A5.0 ★Texas Ratio: 7.19%
109 Bowery, New York, NY 10002
Max Saver Savings
3.50%
$100
▼
Rate0.00%
Min Deposit$100
Min Balance—
UpdatedApr 2, 2026
Details
Qualifications Required; Qualifying balance up to $100,000.00
Ridgewood Savings Bank
Institution Rating:
A5.0 ★Texas Ratio: 7.75%
1646 1st Ave, New York, NY 10028
Smart Move Online Savings Account
3.40%
$0
▼
Rate3.30%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
$.01 - $249,999.99
The Finest Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.23%
215 Park Row, New York, NY 10038
36 Mo Share Cert
3.30%
$500
▼
Rate0.00%
Min Deposit$500
Min Balance—
UpdatedMar 24, 2026
Details
Woori America Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.51%
330 5th Ave, New York, NY 10001
WooriWON Savings
3.25%
$100
▼
Rate0.00%
Min Deposit$100
Min Balance—
UpdatedMar 29, 2026
Details
$5 monthly maintenance fee waived when average daily balance requirement is met; Optional internet banking access at no additional cost; Manage your savings effortlessly from your smartphone or computer, with 24/7 online access; Move funds smoothly between accounts and automate your savings goals for effortless financial growth; Online Only
PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
340 Madison Ave, New York, NY 10173
PNC High Yield Savings®
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Capital One Bank
Institution Rating:
A5.0 ★Texas Ratio: 10.41%
470 Park Ave S, New York, NY 10016
360 Performance Savings
3.20%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
HSBC Bank USA
Institution Rating:
A+5.0 ★Texas Ratio: 3.89%
66 Hudson Blvd E, New York, NY 10001
Premier Relationship Savings
3.20%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 29, 2026
Details
Relationship
Self Reliance NY Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
108 2nd Ave, New York, NY 10003 8302
High Yield Savings
3.20%
$0
▼
Rate3.15%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
ConnectOne Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.57%
551 Madison Ave, New York, NY 10022
Connection Plus Savings
3.10%
$2,500
▼
Rate3.05%
Min Deposit$2,500
Min Balance—
UpdatedMar 25, 2026
Details
The Finest Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.23%
215 Park Row, New York, NY 10038
48 Mo Share Cert
3.04%
$500
▼
Rate0.00%
Min Deposit$500
Min Balance—
UpdatedMar 24, 2026
Details
The Finest Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.23%
215 Park Row, New York, NY 10038
60 Mo Share Cert
3.04%
$500
▼
Rate0.00%
Min Deposit$500
Min Balance—
UpdatedMar 24, 2026
Details
Financial Resources Federal Credit Union
Institution Rating:
B-4.3 ★Texas Ratio: 23.26%
55 Water St, New York, NY 10041
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%
55 Water St, New York, NY 10041
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%
55 Water St, New York, NY 10041
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%
55 Water St, New York, NY 10041
Youth 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%
55 Water St, New York, NY 10041
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%
55 Water St, New York, NY 10041
420 Business Purple Savings
3.03%
$0
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Apple Bank for Savings
Institution Rating:
A+5.0 ★Texas Ratio: 1.54%
10 Downing St, New York, NY 10014
Simple Savings Account
3.03%
$0
▼
Rate2.98%
Min Deposit$0
Min Balance—
UpdatedApr 4, 2026
Details
Apple Bank for Savings
Institution Rating:
A+5.0 ★Texas Ratio: 1.54%
10 Downing St, New York, NY 10014
Simple Savings
3.03%
$1
▼
Rate0.00%
Min Deposit$1
Min Balance—
UpdatedApr 4, 2026
Details
ConnectOne Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.57%
551 Madison Ave, New York, NY 10022
Connection Plus Savings
3.00%
$2,500
▼
Rate2.95%
Min Deposit$2,500
Min Balance—
UpdatedMar 25, 2026
Details
Woori America Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.51%
330 5th Ave, New York, NY 10001
WooriWON Savings
2.95%
$100
▼
Rate0.00%
Min Deposit$100
Min Balance—
UpdatedMar 29, 2026
Details
$5 monthly maintenance fee waived when average daily balance requirement is met; Optional internet banking access at no additional cost; Manage your savings effortlessly from your smartphone or computer, with 24/7 online access; Move funds smoothly between accounts and automate your savings goals for effortless financial growth; Online Only
Financial Resources Federal Credit Union
Institution Rating:
B-4.3 ★Texas Ratio: 23.26%
55 Water St, New York, NY 10041
Ultra Purple Savings
2.78%
$0
▼
Rate2.75%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Hanmi Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.11%
325 5th Ave, New York, NY 10016
Simple Savings
2.70%
$100
▼
Rate0.00%
Min Deposit$100
Min Balance—
UpdatedMar 27, 2026
Details
Pentagon Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.64%
55 Water St, NEW YORK, NY 10041 0004
Premium Online Savings Account
2.70%
$0
▼
Rate2.67%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
$5 minimum balance to open
Financial Resources Federal Credit Union
Institution Rating:
B-4.3 ★Texas Ratio: 23.26%
55 Water St, New York, NY 10041
Ultra Purple Savings
2.27%
$0
▼
Rate2.25%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
BankUnited
Institution Rating:
A-5.0 ★Texas Ratio: 15.40%
136 E 57th St, New York, NY 10022
High Yield Savings
2.25%
$50
▼
Rate0.00%
Min Deposit$50
Min Balance—
UpdatedMar 25, 2026
Details
Financial Resources Federal Credit Union
Institution Rating:
B-4.3 ★Texas Ratio: 23.26%
55 Water St, New York, NY 10041
Ultra Purple Savings
1.51%
$0
▼
Rate1.50%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Financial Resources Federal Credit Union
Institution Rating:
B-4.3 ★Texas Ratio: 23.26%
55 Water St, New York, NY 10041
Purple Savings
1.51%
$0
▼
Rate1.50%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
United Nations Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.07%
2 United Nations Plz Fl 3, New York, NY 10017
High-Yield Savings
1.40%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 29, 2026
Details
United Nations Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.07%
2 United Nations Plz Fl 3, New York, NY 10017
High-yield savings account
1.40%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 29, 2026
Details
United Nations Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.07%
2 United Nations Plz Fl 3, New York, NY 10017
High-Yield Savings
1.15%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 29, 2026
Details
United Nations Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.07%
2 United Nations Plz Fl 3, New York, NY 10017
High-Yield Savings
1.10%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 29, 2026
Details
Financial Resources Federal Credit Union
Institution Rating:
B-4.3 ★Texas Ratio: 23.26%
55 Water St, New York, NY 10041
Purple Savings
1.00%
$0
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Fox Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.22%
1211 Avenue of the Americas Fl 18, New York, NY 10036
Traditional / Roth IRA Savings
1.00%
$0
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
United Nations Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.07%
2 United Nations Plz Fl 3, New York, NY 10017
High-Yield Savings
1.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 29, 2026
Details
United Nations Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.07%
2 United Nations Plz Fl 3, New York, NY 10017
High-Yield Savings
0.95%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 29, 2026
Details
Fox Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.22%
1211 Avenue of the Americas Fl 18, New York, NY 10036
Traditional / Roth IRA Savings
0.90%
$0
▼
Rate0.90%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Fox Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.22%
1211 Avenue of the Americas Fl 18, New York, NY 10036
Traditional / Roth IRA Savings
0.85%
$0
▼
Rate0.85%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Powered by
MonitorBankRates
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.
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.
Methodology & Data Sources
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for New York, 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 York, 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 York, 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 York, 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 York, 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 York, 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 York, New York?
Online banks often offer higher APYs because they have lower overhead costs. However, local banks in New York, New York offer in-person customer service, which some customers prefer.
How do I open a savings account in New York, 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 York, New York
Here are recent savings rates observed in New York, New York and the surrounding area:
- Apple Bank for Savings
Apple Bank SmartStart Savings Account — 5.00% APY - FourLeaf Federal Credit Union
Student Savings — 5.00% APY - Carver Federal Savings Bank
High Yield Online Savings — 4.25% APY - Justice Federal Credit Union
FREEDOM DIRECT SAVINGS — 4.00% APY - Royal Business Bank
New Year Flexible Savings Account — 3.75% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in New York, New York. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: April 4, 2026
Rate Assistant
MonitorBankRates.com · Live Data
Try asking