Syracuse, Ohio Savings Rates - July 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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The best savings rates for Syracuse, Ohio and the surrounding area include 1st National Bank OH1st National Bank OHA5.0 ★Texas Ratio: 9.28%Real return: +9.20%APY minus 2.8% CPI (February 2026) Ohio Homebuyer Plus Savings Account at 12.00% APY, The Wilmington Savings BankThe Wilmington Savings BankA+5.0 ★Texas Ratio: 5.74%Real return: +3.38%APY minus 2.8% CPI (February 2026) Ohio Homebuyers Plus Savings Account at 6.18% APY, River Valley Credit Union Miamisburg, OHRiver Valley Credit Union Miamisburg, OHA+5.0 ★Texas Ratio: 3.77%Real return: +3.37%APY minus 2.8% CPI (February 2026) Sweet Savings Youth Account Tier 1 at 6.17% APY, TruPartner Credit UnionTruPartner Credit UnionA5.0 ★Texas Ratio: 7.21%Real return: +3.20%APY minus 2.8% CPI (February 2026) SmartStart Savings at 6.00% APY, and MyUSA Credit UnionMyUSA Credit UnionA+5.0 ★Texas Ratio: 5.71%Real return: +2.33%APY minus 2.8% CPI (February 2026) Student Savings at 5.13% APY.
Syracuse is a smaller community with no bank or credit union branches currently in our database. 52 institutions serving the Ohio area are available to Syracuse residents, with savings rates as high as 12.00% APY from 1st National Bank OH. Rates are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Syracuse, Ohio and the surrounding area. Last Updated and Verified: July 11, 2026
Compare the Best Savings Rates in Syracuse, Ohio & Surrounding Communities
Earn up to 12% APY* on your savings towards your new home! Click here to learn more!
The APY is accurate as of 10/09/2025. The Interest Rate and APY are subject to change at any time. Interest will be compounded daily and credited to your account monthly. This account is for Ohio residents only and proceeds must be used for down payment or closing costs of a home purchase in Ohio. Accounts must be used within five years and cannot exceed a maximum balance of $100,000.
Qualifying balance up to $2,000.00
Ages 0-17 or older with current Student ID
5.00% to 3.21% APY on balances between $1,000 and $2,500 depending on balance in account; 3.21% to 0.50% APY on balances over $2,500 depending on balance in account; 1 free withdrawal per quarter; $25.00 fee for each additional withdrawal
Compounding: Monthly. Balances of $25,000 or more will earn an annual percentage yield of at least 4.00%
Rates are based on zip code. The interest rate is variable and subject to change at any time. Balances $2,000,001.00 and above will earn 0.01% (0.01% APY). Balances below $5,000.00 will earn 0.01% (0.01% APY). Balances below $2,500 may be subject to a $10.00 per month maintenance fee. Fees may reduce earnings. When your balance falls into a specific rate tier, your entire balance will earn the applicable rate in effect for that tier. Offer is limited to one per household. We also reserve the right to limit acceptance of deposits greater than $2,000,000.00. Not valid with any other offer. Initial minimum opening deposit to earn the higher interest rate on the HRSA is $5,000.00 and must be "New Money" which is defined as money that is not currently on deposit in any Huntington account (except maturing CDs).
Rates based on zip code and with a minimum of $5,000 not currently deposited at Huntington. Variable rate. Balances $2,000,001.00 and above will earn 0.01% (0.01% APY). Balances below $5,000.00 will earn 0.01% (0.01% APY). Offer is limited to one per household. Not valid with any other offer.
Earn 0.500% APY* on balances over $25,000
Save for your future; Click Here
That's more than 9X the national savings rate.
Additional Deposits: Any Amount
Online Only
$500,000 - and over
Balance range: $100,000 and greater
Minimum to open $0
Balance range: $100,000 +
Tier 3
Minimum to open $0
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.
Syracuse, OH Savings Rate Trends
Compare local Syracuse, OH 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.
Ohio high-yield savings rates rose 0.018 points over the past 7 days to 2.002% APY, up from 1.984%.
Ohio standard savings rates rose 0.390 points over the past 7 days to 1.382% APY, up from 0.992%.
Syracuse, Ohio Savings Rate Forecast — Next 12 Months
Savings rates move with Federal Reserve policy. Our model uses the current OH high-yield average and a Fed funds spread to project the likely rate trajectory for 2026–2027.
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 OH high-yield savings average of 2.002% 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: 1–2 Federal Reserve rate cuts of 25 basis points each over the next 12 months, based on current CME FedWatch consensus; savings institutions typically pass through 70–90% of rate cuts to deposit rates within 60–90 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 Syracuse, Ohio.
Savings Account Earnings in Syracuse, Ohio
Annual interest earnings at current OH average APYs, based on the high-yield and standard savings averages tracked in our database. Compounding assumed monthly.
| Balance | HY Savings (2.002% APY) | Monthly Earnings | Standard Savings (1.382% APY) | Monthly Earnings |
|---|---|---|---|---|
| $5,000 | $100.08 / year | $8.34 | $69.10 / year | $5.76 |
| $10,000 | $200.15 / year | $16.68 | $138.20 / year | $11.52 |
| $25,000 | $500.38 / year | $41.70 | $345.50 / year | $28.79 |
| $50,000 | $1,000.75 / year | $83.40 | $691.00 / year | $57.58 |
| 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: Syracuse, Ohio savings rate averages as of July 11, 2026. | ||||
About Our Syracuse, Ohio Savings Rate Database
MonitorBankRates tracks savings rate offers from 32 banks and credit unions available to Syracuse, Ohio residents via statewide and national offers. No branch locations physically in Syracuse are currently in our database, but all listed offers are open to Syracuse depositors. 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 (1–5), 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: 1st National Bank OH offers a savings account at 12.00% APY. Use the rate table above to compare all current offers in Syracuse, Ohio.
How to Find the Best Savings Rates in Syracuse, Ohio
What to compare when shopping for a savings account in Syracuse, Ohio
To find the best savings APYs in Syracuse, Ohio, start with credit unions and online-only banks — Syracuse, Ohio has 12 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 OH high-yield savings average is 2.002% — but top local institutions are offering as high as 12.00%, 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 3–6 months of expenses in a liquid, FDIC-insured account. Syracuse, Ohio high-yield savings rates currently average 2.002% APY — far above a typical checking account.
- Short-term savings goals (6–24 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 Syracuse, Ohio institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally — 32 institutions in Syracuse, Ohio report savings rates to our database.
- You’re among Syracuse, Ohio’s 18.3% of residents aged 65+ for whom liquid, accessible savings complement fixed-income holdings.
- 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 → Syracuse, Ohio CD rates
- You want check-writing flexibility → Syracuse, Ohio money market rates
- You need daily transaction access → Syracuse, Ohio checking rates
Ohio Financial Snapshot
Local demographics and economic context for savers — Source: U.S. Census Bureau (state-level data shown — city data not available)
18.3% of residents are 65 or older, in line with the national average of 17.3%. At today’s OH high-yield savings average of 2.002%, saving 10% of the local median salary ($4,400/year) would earn an additional $88 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Savings Accounts vs. Other Syracuse, Ohio Options
How high-yield savings accounts compare to other deposit products available at banks and credit unions in Syracuse, Ohio.
| Feature | High-Yield Savings | Standard Savings | Money Market | CD (12-Month) |
|---|---|---|---|---|
| Current OH Avg APY | 2.002% | 1.382% | 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 – $100 | $25 – $100 | $0 – $2,500 | $500 – $1,000 |
| Rate Risk | Rate may fall with Fed cuts | Rate may fall with Fed cuts | Rate may fall with Fed cuts | 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 Syracuse, Ohio averages tracked in our database as of July 11, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Savings Calculators for Syracuse, Ohio
At OH’s top rate of 12.00% from 1st National Bank OH, a $10,000 deposit earns $1,200 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Syracuse, Ohio earner is roughly $11,000. At 2.002% APY, saving $920/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. High-Yield SavingsOhio’s high-yield savings average is 2.002% 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 Syracuse, Ohio earner makes $44,003/year. Track your income vs. expenses to find your monthly surplus — then put it to work at 2.002% APY.
Retirement PlannerA $25,000 high-yield savings balance earning 2.002% APY grows to roughly $37,160 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 Syracuse, Ohio 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 Syracuse, Ohio 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 Syracuse, Ohio. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in OH.
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 Syracuse, Ohio
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Syracuse, Ohio safe?
How often do savings rates change in Syracuse, Ohio?
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 Syracuse, Ohio?
How do I open a savings account in Syracuse, Ohio?
Best Savings Rates in Syracuse, Ohio
- 1st National Bank OH
Ohio Homebuyer Plus Savings Account — 12.00% APY - The Wilmington Savings Bank
Ohio Homebuyers Plus Savings Account — 6.18% APY - River Valley Credit Union Miamisburg, OH
Sweet Savings Youth Account Tier 1 — 6.17% APY - TruPartner Credit Union
SmartStart Savings — 6.00% APY - MyUSA Credit Union
Student Savings — 5.13% APY
