Newburgh, New York (NY) Savings Rates - March 2026
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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 Newburgh, New York and the surrounding area include Empire State BankEmpire State Bank356 Meadow Ave, Newburgh, NY 12550A+5.0 ★Texas Ratio: 2.86% Premier Savings Tier 2 at 3.30% APY, Heritage Financial Credit UnionHeritage Financial Credit Union2 Corwin Ct, Newburgh, NY 12550 5107A5.0 ★Texas Ratio: 11.57% Heritage High Yield Savings at 2.25% APY, Rhinebeck BankRhinebeck Bank456 Broadway, Newburgh, NY 12550A+5.0 ★Texas Ratio: 4.81% Premier Savings at 2.00% APY, Wallkill Valley Federal S&LWallkill Valley Federal S&L68 N Plank Rd, Newburgh, NY 12550A+5.0 ★Texas Ratio: 3.07% Business Money Market Savings at 0.51% APY, and Walden Savings BankWalden Savings Bank5239 Route 9w North, Newburgh, NY 12550A+5.0 ★Texas Ratio: 5.10% Advantage Savings at 0.50% APY. Savings rates as of March 28, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Newburgh, 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 Newburgh, New York (NY) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Newburgh, New York and the surrounding area. Last Updated and Verified: March 28, 2026
Compare the Best Savings Rates in Newburgh, New York & Surrounding Communities
Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Empire State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.86%
356 Meadow Ave, Newburgh, NY 12550
Premier Savings Tier 2
3.30%
$0
▼
Rate3.25%
Min Deposit$0
Min Balance—
UpdatedMar 23, 2026
Details
Empire State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.86%
356 Meadow Ave, Newburgh, NY 12550
Premier Savings Tier 3
3.10%
$0
▼
Rate3.05%
Min Deposit$0
Min Balance—
UpdatedMar 23, 2026
Details
Empire State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.86%
356 Meadow Ave, Newburgh, NY 12550
Premier Savings Tier 4
2.50%
$0
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMar 23, 2026
Details
Heritage Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.57%
2 Corwin Ct, Newburgh, NY 12550 5107
Heritage High Yield Savings
2.25%
$0
▼
Rate2.23%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Qualifying balance up to $150,000
Rhinebeck Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.81%
456 Broadway, Newburgh, NY 12550
Premier Savings
2.00%
$25
▼
Rate0.00%
Min Deposit$25
Min Balance—
UpdatedMar 28, 2026
Details
Qualifications Required: At least 15 debit card transactions (each a minimum of $1 or more); At least 1 direct deposit or ACH payment transaction; Be enrolled in e-statements; Qualifying balance up to $100,000.00
Empire State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.86%
356 Meadow Ave, Newburgh, NY 12550
e-Advantage Business Savings
1.25%
$0
▼
Rate1.24%
Min Deposit$0
Min Balance—
UpdatedMar 23, 2026
Details
Empire State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.86%
356 Meadow Ave, Newburgh, NY 12550
e-Advantage IRA Savings
1.25%
$0
▼
Rate1.24%
Min Deposit$0
Min Balance—
UpdatedMar 23, 2026
Details
Empire State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.86%
356 Meadow Ave, Newburgh, NY 12550
e-Advantage Personal Savings
1.25%
$0
▼
Rate1.24%
Min Deposit$0
Min Balance—
UpdatedMar 23, 2026
Details
Wallkill Valley Federal S&L
Institution Rating:
A+5.0 ★Texas Ratio: 3.07%
68 N Plank Rd, Newburgh, NY 12550
Business Money Market Savings
0.51%
$0
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Walden Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.10%
5239 Route 9w North, Newburgh, NY 12550
Advantage Savings
0.50%
$10,000
▼
Rate0.50%
Min Deposit$10,000
Min Balance—
UpdatedMar 24, 2026
Details
Wallkill Valley Federal S&L
Institution Rating:
A+5.0 ★Texas Ratio: 3.07%
68 N Plank Rd, Newburgh, NY 12550
Business Money Market Savings
0.41%
$0
▼
Rate0.40%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Rhinebeck Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.81%
456 Broadway, Newburgh, NY 12550
Business Savings
0.40%
$0
▼
Rate0.40%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Rhinebeck Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.81%
456 Broadway, Newburgh, NY 12550
Classic Savings
0.40%
$0
▼
Rate0.40%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Walden Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.10%
5239 Route 9w North, Newburgh, NY 12550
Advantage Savings
0.40%
$10,000
▼
Rate0.40%
Min Deposit$10,000
Min Balance—
UpdatedMar 24, 2026
Details
Rhinebeck Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.81%
456 Broadway, Newburgh, NY 12550
Classic Savings
0.35%
$0
▼
Rate0.35%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Rhinebeck Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.81%
456 Broadway, Newburgh, NY 12550
Business Savings
0.35%
$0
▼
Rate0.35%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Rhinebeck Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.81%
456 Broadway, Newburgh, NY 12550
Business Savings
0.30%
$0
▼
Rate0.30%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Rhinebeck Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.81%
456 Broadway, Newburgh, NY 12550
Classic Savings
0.30%
$0
▼
Rate0.30%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Walden Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.10%
5239 Route 9w North, Newburgh, NY 12550
Advantage Savings
0.30%
$10,000
▼
Rate0.30%
Min Deposit$10,000
Min Balance—
UpdatedMar 24, 2026
Details
Walden Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 5.10%
5239 Route 9w North, Newburgh, NY 12550
Statement Savings (including IRA)
0.30%
$50
▼
Rate0.30%
Min Deposit$50
Min Balance—
UpdatedMar 24, 2026
Details
Empire State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.86%
356 Meadow Ave, Newburgh, NY 12550
Empire Builder Savings Tier 2
0.30%
$0
▼
Rate0.30%
Min Deposit$0
Min Balance—
UpdatedMar 23, 2026
Details
NBT Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.76%
801 Auto Park Pl, Newburgh, NY 12550
Health Savings Accounts
0.30%
$0
▼
Rate0.30%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Tier 4 - Average daily balance $50,000 +
Wallkill Valley Federal S&L
Institution Rating:
A+5.0 ★Texas Ratio: 3.07%
68 N Plank Rd, Newburgh, NY 12550
Business Money Market Savings
0.26%
$0
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
NBT Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.76%
801 Auto Park Pl, Newburgh, NY 12550
Health Savings Accounts
0.25%
$0
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Tier 3 - Average daily balance $25,000 < $50,000
Rhinebeck Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.81%
456 Broadway, Newburgh, NY 12550
Business Savings
0.25%
$0
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Rhinebeck Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.81%
456 Broadway, Newburgh, NY 12550
Classic Savings
0.25%
$0
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Wallkill Valley Federal S&L
Institution Rating:
A+5.0 ★Texas Ratio: 3.07%
68 N Plank Rd, Newburgh, NY 12550
IRA Statement Savings
0.25%
$10
▼
Rate0.25%
Min Deposit$10
Min Balance—
UpdatedMar 22, 2026
Details
Minimum Balance
Wallkill Valley Federal S&L
Institution Rating:
A+5.0 ★Texas Ratio: 3.07%
68 N Plank Rd, Newburgh, NY 12550
Statement Savings
0.25%
$10
▼
Rate0.25%
Min Deposit$10
Min Balance—
UpdatedMar 22, 2026
Details
$10 Minimum Balance
Rhinebeck Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.81%
456 Broadway, Newburgh, NY 12550
Business Savings
0.20%
$0
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Empire State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.86%
356 Meadow Ave, Newburgh, NY 12550
Minor Statement Savings Tier 5
0.20%
$0
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMar 23, 2026
Details
Rhinebeck Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.81%
456 Broadway, Newburgh, NY 12550
Classic Savings
0.20%
$0
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Heritage Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.57%
2 Corwin Ct, Newburgh, NY 12550 5107
Business Advance Savings
0.10%
$0
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Mid-Hudson Valley Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.69%
1433 Route 300, Newburgh, NY 12550
IRA Savings
0.05%
$5
▼
Rate0.05%
Min Deposit$5
Min Balance—
UpdatedMar 28, 2026
Details
TEG Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.72%
16 N Plank Rd Ste 105, Newburgh, NY 12550
Custodial Savings Accounts
0.05%
$0
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
TEG Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.72%
16 N Plank Rd Ste 105, Newburgh, NY 12550
Primary Share Accounts
0.05%
$0
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Heritage Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.57%
2 Corwin Ct, Newburgh, NY 12550 5107
Business Basic Savings Accounts
0.03%
$0
▼
Rate0.03%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Hudson Valley Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.95%
953 Route 300, Newburgh, NY 12550
Business Savings
0.02%
$0
▼
Rate0.02%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Hudson Valley Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.95%
953 Route 300, Newburgh, NY 12550
College Savings
0.02%
$5
▼
Rate0.02%
Min Deposit$5
Min Balance—
UpdatedMar 27, 2026
Details
Hudson Valley Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.95%
953 Route 300, Newburgh, NY 12550
IRA Savings: Traditional, Roth, & Coverdell Education Savings
0.02%
$0
▼
Rate0.02%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Hudson Valley Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.95%
953 Route 300, Newburgh, NY 12550
Savings
0.02%
$0
▼
Rate0.02%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Heritage Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.57%
2 Corwin Ct, Newburgh, NY 12550 5107
IRA Savings
0.01%
$0
▼
Rate0.01%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Heritage Financial Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.57%
2 Corwin Ct, Newburgh, NY 12550 5107
Additional Savings (Holiday, Vacation)
0.01%
$0
▼
Rate0.01%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
SJP Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.45%
341 Englewood Ave, Buffalo, NY 14223 2819
Youth Savings Account
6.17%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Qualifying balance up to $10,000.00
Suffolk Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.20%
3681 Horseblock Rd, Medford, NY 11763 2242
Youth Savings
6.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
plus get $25 when balance reaches $1,000
Suffolk Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.20%
3681 Horseblock Rd, Medford, NY 11763 2242
Youth Savings Account
6.00%
$0
▼
Rate5.84%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Qualifying balance up to $2,500.00
Together Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.65%
2885 Belgium Rd, Baldwinsville, NY 13027 2706
Accelerate It Savings
5.00%
$0
▼
Rate4.89%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Qualifying balance up to $5,000.00
FourLeaf Federal Credit Union
Institution Rating:
A-4.9 ★Texas Ratio: 15.85%
591 E Main St, Bay Shore, NY 11706 8505
Student Savings
5.00%
$0
▼
Rate4.91%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Balances $0.00 - $1,000.00
General Electric Employees Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.21%
497 Electronics Pkwy, Liverpool, NY 13088 6062
Jump Start Savings
5.00%
$0
▼
Rate5.00%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Qualifying balance up to $1,000.00
Island Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.75%
120 Motor Pkwy, Hauppauge, NY 11788 5152
High Five Youth Savings Account
5.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Qualifying balance up to $500.00
Ocean Financial Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 12.70%
45 Atlantic Ave, Oceanside, NY 11572 2035
Youth & Young Adult Savings
5.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 28, 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%
2520 Browncroft Blvd, Rochester, NY 14625
Companion Savings
5.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Qualifying balance up to $10,000
Family First Of NY Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.73%
2520 Browncroft Blvd, Rochester, NY 14625
Savings
5.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Metro Realtors Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.82%
535 Broadhollow Rd Ste A4, Melville, NY 11747
Smarts Starts Early Youth Savings
5.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
UP TO AGE 21
Northern Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.98%
138 Factory St, Watertown, NY 13601 1958
NEXT eSavings
5.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 28, 2026
Details
Qualifying balance up to $1,000.00
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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.
Newburgh, NY Savings Rate Trends
Compare local Newburgh, NY 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.
High-Yield Savings — NY Avg
1.272%
▼ 0.487 from last week
New York high-yield savings rates fell 0.487 points this week to 1.272% APY, down from 1.760% last week.
Standard Savings — NY Avg
0.810%
▲ 0.167 from last week
New York standard savings rates rose 0.167 points this week to 0.810% APY, up from 0.642% last week.
As of Mar 29, 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 Newburgh, 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 Newburgh, 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 Newburgh, 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 Newburgh, 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 Newburgh, 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 Newburgh, 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 Newburgh, New York?
Online banks often offer higher APYs because they have lower overhead costs. However, local banks in Newburgh, New York offer in-person customer service, which some customers prefer.
How do I open a savings account in Newburgh, 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 Newburgh, New York
Here are recent savings rates observed in Newburgh, New York and the surrounding area:
- Empire State Bank
Premier Savings Tier 2 — 3.30% APY - Heritage Financial Credit Union
Heritage High Yield Savings — 2.25% APY - Rhinebeck Bank
Premier Savings — 2.00% APY - Wallkill Valley Federal S&L
Business Money Market Savings — 0.51% APY - Walden Savings Bank
Advantage Savings — 0.50% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Newburgh, New York. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 28, 2026
