Bay City, Texas Savings Rates - September 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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The best savings rates for Bay City, Texas and the surrounding area include Chemcel Federal Credit UnionChemcel Federal Credit Union2400 FM 3057, Bay City, TX 77414 3890A+5.0 ★Texas Ratio: 3.98%Real return: -1.80%APY minus 2.8% CPI (February 2026) IRA Shares at 1.00% APY, Texas Dow Employees Credit UnionTexas Dow Employees Credit Union4205 7th St, Bay City, TX 77414A5.0 ★Texas Ratio: 12.04%Real return: -1.80%APY minus 2.8% CPI (February 2026) High-Yield Savings at 1.00% APY, Matagorda County Credit UnionMatagorda County Credit Union3700 Avenue F, Bay City, TX 77414A+5.0 ★Texas Ratio: 0.16%Real return: -2.39%APY minus 2.8% CPI (February 2026) IRA Savings Account at 0.41% APY, Baycel Federal Credit UnionBaycel Federal Credit Union2320 6TH ST, Bay City, TX 77414 5240A+5.0 ★Texas Ratio: 1.41%Real return: -2.40%APY minus 2.8% CPI (February 2026) Club Share Accounts at 0.40% APY, and Woodforest National BankWoodforest National Bank4600 7th St, Bay City, TX 77414A-5.0 ★Texas Ratio: 14.96%Real return: -2.45%APY minus 2.8% CPI (February 2026) Savings Account at 0.35% APY.
Bay City has 28 local institutions in our database, with savings rates as high as 1.00% APY from Chemcel Federal Credit Union at 2400 FM 3057, Bay City, TX 77414 3890. Use the table below to compare all available offers, including options from institutions serving the broader Texas area. Rates are continually updated, so we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Bay City, Texas and the surrounding area. Last Updated and Verified: September 12, 2026
Compare the Best Savings Rates in Bay City, Texas & Surrounding Communities
Up to 0.99% Interest Rate Paid Monthly
Interest Paid Quarterly
The interest rate is variable and may change after the account is opened.
Interest rate is variable and may change after the account is opened. Fees could reduce earnings on the account.
Interest Paid Quarterly
The interest rate is variable and may change after the account is opened.
Interest Paid Monthly
Requires a TDECU Mortgage Loan.
Requirements not met
Interest rate is variable and may change after the account is opened. Fees could reduce earnings on the account.
Earn up to 10% APY* on the first $1000 in our new High Yield Savings account! See all the details.
APY is Annual Percentage Yield. Accurate as of 09/10/2026. Subject to change without notice. Compounded monthly. A minimum balance is required to open this account. Fees or other conditions could reduce the earnings on the account.
APY is Annual Percentage Yield. Accurate as of 09/10/2026. Minimum $5 to open a savings or IRA savings account. Subject to change without notice. Compounded monthly. A minimum balance is required to open this account. Fees or other conditions could reduce the earnings on the account.
Balance: .01- 50,000.00
Open Online
Balances under $5,000 earn 5.00% APY; balances $5,000 and above earn 0.50% APY. Rates may change after the account is opened. No minimum to open. Fees may reduce earnings. Contact an Extraco Banks representative for additional information about applicable fees and terms.
Rate offer accurate as of 06/01/2025. APY dividend of 5.00% is earned on balances $100.00 to $5,000.99. Balances $5,001.00 and above will receive APY of .20%. One Accelerate It Savings per Social Security or Taxpayer Identification Number. You must have an open checking account located under the same membership number as the Accelerate It Savings account. If your checking account is closed for any reason, your Accelerate It Savings account will convert to a Regular Savings account. You must be 19 years or older to open an Accelerate It savings account.
Compounded Quarterly
Portion of the Balances over $5,000.00 receive a rate of 0.15% resulting in an APY range of 4.06% to 1.13% depending on the balance. Limit One Bling! Savings account per minor.
Rates and APY as of 09/10/2026. Fees may reduce earnings on the account. Rate may change after account opens.
SNAXX
$1,000,000.01 or more; Only available in Texas
SWVXX
Earned with new money. Learn More*
Rates effective 8/17/2026. APY = Annual Percentage Yield. For current rates, call 806-742-3606. Rates subject to change based on account balance criteria. Fees may reduce earnings.
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.
Bay City, TX Savings Rate Trends
Compare local Bay City, TX 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.
Texas high-yield savings rates rose 1.352 points over the past 7 days to 2.011% APY, up from 0.660%.
Texas standard savings rates rose 0.100 points over the past 7 days to 0.821% APY, up from 0.721%.
Bay City, Texas Savings Rate Forecast, Next 12 Months
Savings rates move with Federal Reserve policy. Our model uses the current TX 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 TX high-yield savings average of 2.011% 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 60–90 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 Bay City, Texas.
Savings Account Earnings in Bay City, Texas
Annual interest earnings at current TX average APYs, based on the high-yield and standard savings averages tracked in our database. Compounding assumed monthly.
| Balance | HY Savings (2.011% APY) | Monthly Earnings | Standard Savings (0.821% APY) | Monthly Earnings |
|---|---|---|---|---|
| $5,000 | $100.57 / year | $8.38 | $41.06 / year | $3.42 |
| $10,000 | $201.14 / year | $16.76 | $82.11 / year | $6.84 |
| $25,000 | $502.85 / year | $41.90 | $205.28 / year | $17.11 |
| $50,000 | $1,005.70 / year | $83.81 | $410.55 / year | $34.21 |
| 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: Bay City, Texas savings rate averages as of September 13, 2026. | ||||
About Our Bay City, Texas Savings Rate Database
MonitorBankRates found 6 institutions with branches in Bay City (2 banks, 4 credit unions), plus 21 additional state-chartered and national online institutions available to Bay City 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 (1–5), 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: Chemcel Federal Credit Union offers a savings account at 1.00% APY. Use the rate table above to compare all current offers in Bay City, Texas.
How to Find the Best Savings Rates in Bay City, Texas
What to compare when shopping for a savings account in Bay City, Texas
To find the best savings APYs in Bay City, Texas, start with credit unions and online-only banks: Bay City, Texas has 10 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 TX high-yield savings average is 2.011% Use the table above to find the best available offer.
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. Bay City, Texas high-yield savings rates currently average 2.011% 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 Bay City, Texas institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 27 institutions in Bay City, Texas report savings rates to our database.
- 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 → Bay City, Texas CD rates
- You want check-writing flexibility → Bay City, Texas money market rates
- You need daily transaction access → Bay City, Texas checking rates
Texas Financial Snapshot
Local demographics and economic context for savers. Source: U.S. Census Bureau (state-level data shown; city data not available)
13.4% of residents are 65 or older, below the national average of 17.3%. At today’s TX high-yield savings average of 2.011%, saving 10% of the local median salary ($4,407/year) would earn an additional $89 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Savings Accounts vs. Other Bay City, Texas Options
How high-yield savings accounts compare to other deposit products available at banks and credit unions in Bay City, Texas.
| Feature | High-Yield Savings | Standard Savings | Money Market | CD (12-Month) |
|---|---|---|---|---|
| Current TX Avg APY | 2.011% | 0.821% | 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 | 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 Bay City, Texas averages tracked in our database as of September 13, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Savings Calculators for Bay City, Texas
At TX’s top rate of 1.00% from Chemcel Federal Credit Union, a $10,000 deposit earns $100 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Bay City, Texas earner is roughly $11,000. At 2.011% APY, saving $920/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. High-Yield SavingsTexas’s high-yield savings average is 2.011% 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 Bay City, Texas earner makes $44,072/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 2.011% APY.
Retirement PlannerA $25,000 high-yield savings balance earning 2.011% APY grows to roughly $37,232 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 Bay City, Texas 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 Bay City, Texas 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 Bay City, Texas. We feature a comprehensive mix of institutions, from neighborhood credit unions and competitive regional banks to large national institutions available to savers in TX.
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 Bay City, Texas
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Bay City, Texas safe?
How often do savings rates change in Bay City, Texas?
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 Bay City, Texas?
How do I open a savings account in Bay City, Texas?
Best Savings Rates in Bay City, Texas
- Chemcel Federal Credit Union
IRA Shares: 1.00% APY - Texas Dow Employees Credit Union
High-Yield Savings: 1.00% APY - Matagorda County Credit Union
IRA Savings Account: 0.41% APY - Baycel Federal Credit Union
Club Share Accounts: 0.40% APY - Woodforest National Bank
Savings Account: 0.35% APY
Bay City, Texas Rates & Resources
