Compare the Best Local Rates

Today’s Savings Account Interest Rates in New York, NY

April 25, 2011

If one of your goals this year is to save money, why not start with where you deposit your money? A good savings account rate can help you earn a little bit of interest every day, which after time can amount to big savings. Savings account rates change all the time, so let’s take a look at what rates are currently available within your city.

Current New York, NY Savings Rates

New York Banking Rates collects up-to-date rates information from banks and credit unions within 50 miles of the city. Savings rates in New York are apt to fluctuate from month to month, so it’s a good idea to check rates information frequently.

Number of Savings Accounts Availabe in New York

As of April 25, 2011, New York Banking Rates records a total of 29 savings accounts available in and around New York.

Highest New York Savings Rate

Now, let’s look at the best rates available in your area. Out of these accounts, the highest possible rate in our database you can obtain is 1.64% APY.

Lowest Rate for Savings Accounts

Just to do a little comparison, let’s look at what the lowest savings rate is in New York. We’ve found that the lowest savings rate available to date is 0.05% APY.

Average Savings Interest Rate in New York

Let’s say you wanted to compare these numbers to what savings rates a year ago. That would mean you’d have to look at the average in New York. 0.59% APY is the average as of today.

The Best New York Savings Interest Rates

Now for the best part. Let’s take a look at who’ s offering the very best savings account rates in New York.

  • Merck Employees Federal Credit Union: 1.64%
  • Maspeth Federal Savings: 1.05%
  • Suma Yonkers Credit Union: 1.01%

Please note the above rates are accurate as of the publish date, but are subject to change at any time at the discretion of the financial institutions.