Sharon, Pennsylvania Savings Rates for October 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
- Bank & Credit Union Health Safety Ratings
- Bank & Credit Union Star Ratings
- Finance Calculators
Sharon, Pennsylvania savings account rates range from 0.10% to 10.00% APY, verified by MonitorBankRates as of October 31, 2026. The best savings rates for Sharon, Pennsylvania and the surrounding area include Mercer County Community Credit UnionMercer County Community Credit Union428 N Sharpsville Ave, Sharon, PA 16146 2120A5.0 ★Texas Ratio: 10.36%Real return: -0.67%APY minus 3.7% CPIRate verified Oct 30, 2026 IRA SAVINGS at 3.03% APY, Bayer Heritage Federal Credit UnionBayer Heritage Federal Credit UnionA5.0 ★Texas Ratio: 11.93%Real return: +6.30%APY minus 3.7% CPIRate verified Oct 29, 2026 High Yield Savings at 10.00% APY, 3Hill Credit Union3Hill Credit UnionA5.0 ★Texas Ratio: 9.07%Real return: +5.30%APY minus 3.7% CPIRate verified Oct 30, 2026 Penny Power Savings at 9.00% APY, Genisys Credit UnionGenisys Credit UnionA+5.0 ★Texas Ratio: 5.37%Real return: +2.30%APY minus 3.7% CPIRate verified Oct 30, 2026 High Yield Youth Savings at 6.00% APY, and Brentwood BankBrentwood BankA+5.0 ★Texas Ratio: 5.96%Real return: +1.30%APY minus 3.7% CPIRate verified Oct 27, 2026 NexGen Savings at 5.00% APY.
Sharon has 3 local institutions in our database, with savings rates as high as 3.03% APY from Mercer County Community Credit Union at 428 N Sharpsville Ave, Sharon, PA 16146 2120. Use the table below to compare all available offers, including options from institutions serving the broader Pennsylvania area. Rates are continually updated, so we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Sharon, Pennsylvania and the surrounding area. Last Updated and Verified: October 31, 2026
Compare the Best Savings Rates in Sharon, Pennsylvania & Surrounding Communities
Savings (Share) Rates - Effective October 29, 2026
- Oct 6, 20263.03%▲ from 2.02%
- Sep 30, 20262.02%first recorded
Savings (Share) Rates - Effective October 29, 2026
Savings (Share) Rates - Effective October 29, 2026
Balance: Up to $1000.00
Qualifications Required; Qualifying balance up to $1,000.00; Round-Up Savings via Mastercard Debit card transactions; Balances over $1,000.00 earn 0.10% APY
Age: 0-21; No minimum balance; Dividend Credited: Monthly; Balances above $2,500.00 are paid the standard share savings rate
Balance: $0 - $1,000
Balance: $1,000 and under; Primary Account holder must be 17 years of age or younger; Rate applies to balances up to $1,000; any amount over $1,000 earns the current Share Savings rate
Balance: Up to $1,000.00; Youth savings account for kids under 18
Introductory 6-month APY Boost of 0.35% added to standard variable APY of 4.00%; new customers only; boost expires after 6 months and rate reverts to standard variable APY
Limited Time Offer; $500 - $250,000 range; NEW CUSTOMER ONLY; NEW MONEY REQUIRED; requires $500.00 to open and $500.00 monthly minimum balance to earn promotional APY; $5 monthly fee if balance falls below $500.00; $250,000 maximum funding per account; requires new FreeStyle Checking account (FreeStyle+ Checking excluded) with minimum two qualifying recurring electronic direct deposits of at least $5.00 within 60 days; otherwise earns Statement Savings Account rate; business and government accounts not eligible
APY accurate as of March 30, 2026; Rate subject to change after account opening; No minimum balance requirement; No monthly service fees; Interest compounded and credited monthly; Available in eligible markets only
Standard variable APY; variable rate subject to change at any time without notice; personal accounts only
- Oct 19, 20264.00%▲ from 3.80%
- Oct 6, 20263.80%▼ from 4.15%
- Sep 27, 20264.15%first recorded
Balance: $0.00 - $4,999.99; Promotional rate from homepage promo banner
Balance: $5.00 - $4,999.99
Balance: $.01 - $500.00; Youth Savings Accounts will earn a higher APY for balances of $.01 to $500.00
Branch Only; Balance: $150,000 +; Account must be opened at a branch office; eStatements required; Rates effective as of 9/29/2026
Companion Savings Special, requires opening a CD at Pennian Bank the same day; maximum deposit equals CDs opened that business day; interest compounded and credited monthly; public funds not eligible; APY accurate as of 7/2/26 and subject to change
Early withdrawal penalties apply; Business accounts must be opened by Alero Financial staff
Balance: $100,000 +; *Annual Percentage Yield designated as APY.
Variable rate; adjusts to the midpoint of Fed Funds Target Range minus 0.25% (currently 3.88% - 0.25% = 3.63% APY); Available online only
Balance: up to $100,000 when linked to a qualifying checking account; Min. Bal:; Fees:
Balance: $0 - $75,000.00; Qualifying balance up to $75,000.00
- Sep 22, 20263.50%▲ from 3.30%
- Sep 14, 20263.30%first recorded
Balance: $100,000.01 and higher
- Oct 15, 20263.30%▲ from 3.05%
- Oct 12, 20263.05%first recorded
California counties only; Balance: $25,000 or more; Rate is variable; requires deposit and maintenance of $25,000 or more in new Platinum Savings within 30 days; new savings customers only
Balance: $5,000.00 to $2,000,000.99; Requires open Huntington Perks Checking account; Rates effective as of Monday, October 19, 2026
Balance: $5,000.00 to $2,000,000.99; Requires open Huntington Platinum Perks Checking account; Rates effective as of Monday, October 19, 2026
Balance: $1,000,000 & Above; Unity Bank Branch Only; Business accounts only; New money only; Rates effective as of 10/2/2026; eStatements required
Branch Only; Balance: $100,000 - $149,999.99; Account must be opened at a branch office; eStatements required; Rates effective as of 9/29/2026
Rates may change after account is opened
Balance: $10,000 or more; APY for balances $10,000 and greater; Maximum deposit amount $1,000,000; Limit one High Yield Savings Account per member; $10 monthly service fee waived if daily balance is $10,000 or more; three withdrawals per monthly statement cycle, $25 fee for each additional withdrawal
- Sep 18, 20263.20%▲ from 3.10%
- Sep 14, 20263.10%first recorded
A minimum balance of $5,000 is required to open the account and earn the advertised APY. Dividends are compounded daily and credited monthly.
- Oct 4, 20263.20%▲ from 3.14%
- Sep 14, 20263.14%first recorded
Balance: $10,000 and up; Variable rate, subject to daily adjustments
- Oct 9, 20263.19%▲ from 3.04%
- Sep 14, 20263.04%first recorded
Rate declared by BOD for 3rd Quarter 2026
Qualifying balance up to $500.00; Dividend column; APR* column shown as 3.00%
- Oct 23, 20263.05%▲ from 0.10%
- Sep 25, 20260.10%first recorded
Balance: no minimum
Balance: $25,000.00 and higher; Fees: if over $100
Available in-branch only; Personal and Commercial; Average daily balance of $100,000 required to earn stated APY; balances below $100,000 earn the Personal Statement Savings APY
Requires $5,000 in new money not currently on deposit at Brentwood Bank; must maintain $5,000 in the account each day to obtain the disclosed APY
Balance: $1,000 - $99,999.99; Tier 2
Balance: $1,000 - $99,999.99; Offer valid for funds not currently on deposit with First Harvest; qualify by depositing additional $5,000 or more in new money
Balance: Up to $1,000; Earn higher dividends on the first $1,000 in the account
Balance: $100,000.01 or greater
Balance: $10,000 & over; Variable rate account; rates may change after account is opened
Balance: $25,000-99,000; *Annual Percentage Yield designated as APY.
Balance: $1+
Qualifying balance up to $1,000.00
Balance: $0.01 - $4,999.99; variable APY subject to change daily after account opening; APY accurate as of 07/17/2026
Branch Only; Balance: $50,000 - $99,999.99; Account must be opened at a branch office; eStatements required; Rates effective as of 9/29/2026
Balance: All Balances
Balance: $75,000.01 and Over; September 2026 Declared
Balance: $20,000.00 - $75,000.00; September 2026 Declared
Deposits only by transfer of funds from a maturing Erie FCU Share Certificate or IRA Share Certificate within 10 days of certificate maturity; no additional deposits permitted; unlimited withdrawals at any time
Balance: $2,000.00 - $20,000.00; September 2026 Declared
Balance: $25,000.01 - $100,000.00
- Oct 15, 20262.53%▲ from 2.28%
- Oct 12, 20262.28%first recorded
Column labeled APR on page shown as 2.50%
Column labeled APR on page shown as 2.50%; a deposit of $50 is required to open and maintain the account
Column labeled APR on page shown as 2.50%; separate savings account for any reason; funds do not auto-transfer to checking to cover overdrafts
Dividends Compounded & Credited Quarterly; Minimum Balance to Avoid Service Charge: N/A
Dividends Compounded & Credited Quarterly; Minimum Balance to Avoid Service Charge: N/A
Dividends Compounded & Credited Quarterly; Minimum Balance to Avoid Service Charge: N/A
Balance: $5,000.00 - $2,000,000.99; APY range 2.40%-4.00% and rate range 2.38%-3.94% based on zip code; variable rate, subject to change; minimum $5,000 new money not currently deposited at Huntington; Relationship Savings Account; $10 monthly fee if average daily balance below $2,500 and no qualifying checking account
Balance: $250,000 - $999,999.99; Unity Bank Branch Only; Business accounts only; New money only; Rates effective as of 10/2/2026; eStatements required
Branch Only; Balance: $10,000 - $49,999.99; Account must be opened at a branch office; eStatements required; Rates effective as of 9/29/2026
Qualifications Required: 12 debit card transactions over $10.00 posted to account; Balance tier from $2,500.00; 0.05% if qualifications not met
Balance: $500,000.00 and above
Apply Online
Balance: $100 minimum; APY effective 08/13/2026, subject to change at any time; interest compounded quarterly; In-Branch Only
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.
Sharon, PA Savings Rate Trends
Compare local Sharon, PA 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.
Pennsylvania high-yield savings rates fell 0.107 points over the past 7 days to 2.417% APY, down from 2.524%.
Pennsylvania standard savings rates fell 0.003 points over the past 7 days to 0.336% APY, down from 0.339%.
Sharon, Pennsylvania Savings Rate Forecast, Next 12 Months
Savings rates move with Federal Reserve policy. Our model uses the current PA high-yield average and a Fed funds spread to project the likely rate trajectory for 2026 to 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 PA high-yield savings average of 2.417% 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: the Federal Reserve holds the federal funds rate at its current level over the next 12 months, with the possibility of one 25 basis point increase; deposit rates at banks and credit unions track policy-rate changes within 60 to 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 Sharon, Pennsylvania.
Savings Account Earnings in Sharon, Pennsylvania
Annual interest earnings at current PA average APYs, based on the high-yield and standard savings averages tracked in our database. Compounding assumed monthly.
| Balance | HY Savings (2.417% APY) | Monthly Earnings | Standard Savings (0.336% APY) | Monthly Earnings |
|---|---|---|---|---|
| $5,000 | $120.85 / year | $10.07 | $16.79 / year | $1.40 |
| $10,000 | $241.69 / year | $20.14 | $33.57 / year | $2.80 |
| $25,000 | $604.23 / year | $50.35 | $83.93 / year | $6.99 |
| $50,000 | $1,208.45 / year | $100.70 | $167.85 / year | $13.99 |
| 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: Sharon, Pennsylvania savings rate averages as of October 31, 2026. | ||||
About Our Sharon, Pennsylvania Savings Rate Database
MonitorBankRates found 1 institution with branches in Sharon, plus 47 additional state-chartered and national online institutions available to Sharon residents. 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 to 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: Mercer County Community Credit Union offers a savings account at 3.03% APY with a minimum deposit of $500. Use the rate table above to compare all current offers in Sharon, Pennsylvania.
How to Find the Best Savings Rates in Sharon, Pennsylvania
What to compare when shopping for a savings account in Sharon, Pennsylvania
To find the best savings APYs in Sharon, Pennsylvania, start with credit unions and online-only banks: Sharon, Pennsylvania has 30 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 PA high-yield savings average is 2.417% but top local institutions are offering as high as 3.03%, 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 to 6 months of expenses in a liquid, FDIC-insured account. Sharon, Pennsylvania high-yield savings rates currently average 2.417% APY, far above a typical checking account.
- Short-term savings goals (6 to 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 Sharon, Pennsylvania institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 48 institutions in Sharon, Pennsylvania report savings rates to our database.
- You’re among Sharon, Pennsylvania’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 Sharon, Pennsylvania CD rates
- You want check-writing flexibility Sharon, Pennsylvania money market rates
- You need daily transaction access Sharon, Pennsylvania checking rates
Sharon, Pennsylvania Financial Snapshot
Local demographics and economic context for savers. Source: U.S. Census Bureau
18.3% of residents are 65 or older, in line with the national average of 17.3%; an unemployment rate of 9.4% (vs. 4.8% nationally) underscores the value of keeping liquid emergency savings. At today’s PA high-yield savings average of 2.417%, saving 10% of the local median salary ($3,195/year) would earn an additional $77 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Savings Accounts vs. Other Sharon, Pennsylvania Options
How high-yield savings accounts compare to other deposit products available at banks and credit unions in Sharon, Pennsylvania.
| Feature | High-Yield Savings | Standard Savings | Money Market | CD (12-Month) |
|---|---|---|---|---|
| Current PA Avg APY | 2.417% | 0.336% | 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 to $100 | $25 to $100 | $0 to $2,500 | $500 to $1,000 |
| Rate Risk | Variable, moves with Fed policy | Variable, moves with Fed policy | Variable, moves with Fed policy | 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 Sharon, Pennsylvania averages tracked in our database as of October 31, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Savings Calculators for Sharon, Pennsylvania
At PA’s top rate of 3.03% from Mercer County Community Credit Union, a $10,000 deposit earns $303 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Sharon, Pennsylvania earner is roughly $8,000. At 2.417% APY, saving $670/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. High-Yield SavingsPennsylvania’s high-yield savings average is 2.417% 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 Sharon, Pennsylvania earner makes $31,959/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 2.417% APY.
Retirement PlannerA $25,000 high-yield savings balance earning 2.417% APY grows to roughly $40,306 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 Sharon, Pennsylvania 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 Sharon, Pennsylvania 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 Sharon, Pennsylvania. We feature a comprehensive mix of institutions, from neighborhood credit unions and competitive regional banks to large national institutions available to savers in PA.
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 Sharon, Pennsylvania
What are savings account rates in Sharon, Pennsylvania today?
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Sharon, Pennsylvania safe?
How often do savings rates change in Sharon, Pennsylvania?
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 Sharon, Pennsylvania?
How do I open a savings account in Sharon, Pennsylvania?
Best Savings Rates in Sharon, Pennsylvania
- Mercer County Community Credit Union
IRA SAVINGS: 3.03% APY - Bayer Heritage Federal Credit Union
High Yield Savings: 10.00% APY - 3Hill Credit Union
Penny Power Savings: 9.00% APY - Genisys Credit Union
High Yield Youth Savings: 6.00% APY - Brentwood Bank
NexGen Savings: 5.00% APY
Sharon, Pennsylvania Rates & Resources
