Best Local Bank Savings and Money Market Rates in New York, NY July 3, 2025

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If you have your savings dollars in a big bank or a bank with low savings rates, then you are losing money. We've found FDIC insured banks that will pay you more. Take a few minutes to explore the options below and see how you can boost your savings by more than 6X the national average rate. There is competition for your money. Take advantage of it!

NY - July 3, 2025

Savings Account National Average Rate: 0.45% ^?

Banks	APY	MIN
Citibank, National Association Lakeland Branch	4.35% 0.20%	$0 $1	Learn More
Promotional rate for 3 months up to $11,000. Requires $25,000 in new deposits within 10 days of registration. After 3 month promotional period, rate reverts to between 0.03% and 0.12%. Rate History: 5.00% → 4.75% → 5.00% → 4.50% → 4.35%
Azoic \| Feb 25, 2022 I joined Citi with a Costco-VISA card. An Accelerate followed, and then a checking account. Costco-VISA is necessary for using a credit card at Costco, otherwise cash is necessary. Accelerate Savings w... Read More Reviews (22)
Banesco Usa	4.25%	$300	Learn More
Rate History: 4.50% → 4.40% → 4.25% → 4.00% → 4.25%
Dkplan \| Dec 27, 2022 They gave a hard time with their cashier's check. They returned my deposited check that was emitted by them. Could you believe? Read More Reviews (8)
Customers Bank Ryebrook Branch	4.23%	$25,000	Learn More
Requires checking account. Rate History: 5.14% → 5.24% → 4.73% → 4.48% → 4.23%
James A. Elder \| Mar 25, 2020 I was told on the phone by a bank rep that my present money market acct interest rate would continue at 2.25% until June 30, 2020 and would be FDIC covered up to $250,000. Please verify if this is true???... Read More Reviews (3)
North American Savings Bank	4.10%	$10,000	Learn More
Rate History: 4.90% → 4.75% → 4.55% → 4.20% → 4.10%
A Terkowitz \| Feb 15, 2024 I have always had great experiences with short-term CDs from this bank. No delays. Read More Reviews (3)
Spring Bank Bronx Branch - Main Headquarters	4.00%	$100	Learn More Add Review
Rate History: 4.25% → 4.00%
Popular Bank Seneca Avenue Branch	4.00% 3.90% 2.00%	$250,000 $25,000 $0	Learn More
Rate History: 5.00% → 4.40% → 4.25% → 4.15% → 4.00%
Dr. E. F. Ayers; e.f.ayers@outlook.com \| Oct 2, 2015 I have a CD maturing on 11/15 please email your CD Rates and contact info. Read More Reviews (2)
Banesco Usa	4.00%	$300	Learn More
Rate History: 1.35% → 5.25% → 4.75% → 4.50% → 4.00%
Dkplan \| Dec 27, 2022 They gave a hard time with their cashier's check. They returned my deposited check that was emitted by them. Could you believe? Read More Reviews (8)
International Bank Of Chicago Port Jervis New York Branch	3.90% 3.60% 2.35%	$250,000 $100,000 $2,500	Learn More
Rate History: 4.65% → 4.60% → 4.34% → 4.15% → 3.90%
Mandy \| May 8, 2021 Location: 5069 N. Broadway Chicago IL 60640 Read More Reviews (5)
Ctbc Bank Corp. (usa) Brooklyn Branch	3.80%	$50,000	Learn More Add Review
Apple Bank Sag Harbor Branch	3.75% 2.75%	$50,000 $10,000	Learn More Add Review
Bankunited, National Association Avenue Of The Americas Branch	3.75%	$2,500	Learn More Add Review
Spring Bank Bronx Branch - Main Headquarters	3.75%	$500	Learn More Add Review
Citizens Bank, National Association Clifton Park Branch	3.70%	$0	Learn More
Rate History: 4.50% → 4.15% → 3.90% → 3.70%
Dana E. \| Mar 20, 2016 Good solid bank. Read More Reviews (2)
Td Bank, National Association Latham Branch	3.70% 2.25%	$100,000 $50,000	Learn More
Rate History: 4.00% → 3.70%
Turonemckinney17@gmail.com \| May 19, 2018 Experience Read More Reviews (1)
Capital One, National Association Penn Plaza Branch	3.60%	$1	Learn More
Rate History: 4.10% → 4.00% → 3.90% → 3.80% → 3.60%
highstream \| Jan 2, 2024 Like others, I've been with Capital One and its predecessor ING Direct since 2007. I've also been getting cheap bank rates on my savings account and didn't realize that there was something better, although... Read More Reviews (16)
Hsbc Bank Usa, National Association Carle Place Branch	3.60% 0.01%	$1 $0	Learn More
Rate History: 4.00% → 3.85% → 3.75% → 3.70% → 3.60%
john \| Apr 14, 2020 I call HSBC they told me they don't have 1.85 1 year CD. current CD is 0.8 / year Read More Reviews (3)
U.s. Bank National Association	3.50% 0.05%	$25,000 $1	Learn More
Rate History: 4.10% → 3.50%
Ugg \| Jun 12, 2023 US Bank reported me to dult Protective Services because my husband is 85 and I am63. He got sick and went into a nursing hime for 3 months. My husband always handled the financial affairs. I had to take ov... Read More Reviews (6)
Kearny Bank Brooklyn Branch	3.50%	$15,000	Learn More Add Review
The First National Bank Of Long Island Port Jefferson Station Branch	3.50% 2.50% 1.50%	$1,000,000 $250,000 $500	Learn More Add Review
Rate History: 1.00% → 3.50%
Hanover Community Bank Hanover Community Bank Branch	3.35%	$5,000	Learn More
Rate History: 4.00% → 3.35%
Douglas H \| Feb 5, 2020 The employees of this bank are helpful but the bank's systems and procedures for obtaining your account information STINK. If you want a bank that provides you quarterly (or even annual) statements by mai... Read More Reviews (2)
Apple Bank Sag Harbor Branch	3.25% 1.01% 0.25%	$1 $50,000 $5,000	Learn More Add Review
Woodforest National Bank 8034 Village Of Newark New York Walm Branch	3.25% 2.25% 1.75% 1.25% 0.35%	$500,000 $250,000 $100,000 $1 $0	Learn More
Rate History: 4.00% → 3.75% → 3.50% → 3.25%
Jabbroadway42 \| Nov 17, 2020 Is notarie services available today at a woodforest on wilkinson blvd Read More Reviews (2)
Bank Of Hope Flushing-Crocheron Branch	3.05%	$1,000	Learn More
NORTY FLATZ \| Dec 3, 2019 Have done business with "Hope's" San Diego branch for a few years. Always courteous and helpful. Looking forward to doing business with them in the future. Read More Reviews (1)
Citizens Bank, National Association Clifton Park Branch	3.00% 2.75%	$250,000 $25,000	Learn More
Rate History: 1.00% → 3.00%
Dana E. \| Mar 20, 2016 Good solid bank. Read More Reviews (2)
New Millennium Bank Bayside Branch	2.75% 0.15%	$500,000 $1	Learn More Add Review
Lake Shore Savings Bank East Amherst Branch	2.65%	$1	Learn More Add Review
Bank Of Whittier, National Association	2.60%	$250	Learn More Add Review
Connectone Bank Madison Avenue Branch Office	2.50%	$25,000	Learn More
Rate History: 3.50% → 3.00% → 2.75% → 2.50%
praveen raj \| Jan 18, 2024 Hi, We've noticed your website is at risk due to spammy comments and contact form submissions, making it susceptible to issues like spammy backlinks and data breaches. Don't worry—there's a simple sol... Read More Reviews (19)
Capital One, National Association Penn Plaza Branch	2.50%	$1	Learn More
highstream \| Jan 2, 2024 Like others, I've been with Capital One and its predecessor ING Direct since 2007. I've also been getting cheap bank rates on my savings account and didn't realize that there was something better, although... Read More Reviews (16)
New Millennium Bank Bayside Branch	2.25% 1.75%	$100,000 $1,000	Learn More Add Review
Amalgamated Bank	2.07% 0.60%	$100,000 $0	Learn More Add Review
Rate History: 0.55% → 2.50% → 2.27% → 2.17% → 2.07%
Amalgamated Bank Morris Heights Branch	2.07% 1.71% 1.00% 0.15%	$100,000 $50,000 $25,000 $0	Learn More Add Review
Rate History: 2.27% → 5.25% → 2.27% → 2.17% → 2.07%
First National Bank Of Scotia Guilderland-Westmere Branch	2.01% 1.53% 1.01% 0.65%	$1,000,000 $250,000 $100,000 $2,500	Learn More
Rate History: 1.00% → 2.01%
Zflash4000 \| Oct 1, 2017 Will play games with your account. changing posting dates and times. Will hold direct deposit so you overdraft your account. Read More Reviews (1)
M.y. Safra Bank, Fsb M.Y. Safra Bank, Fsb Branch	2.00%	$5,000	Learn More
Richard \| Jul 1, 2022 Very easy opening process and wonderful staff. Read More Reviews (6)
Ballston Spa National Bank Wilton Office Branch	1.75%	$100,000	Learn More Add Review
Rate History: 1.00% → 1.75%
Valley National Bank Port Washington Branch	1.65%	$10,000	Learn More
Rate History: 1.75% → 0.70% → 1.75% → 1.65%
SadSack \| Dec 2, 2022 No such limits as referred to by Jonathan. Perfectly Happy with service and keep adjusting the rate! Read More Reviews (2)
Bank Of Utica Bank Of Utica Branch	1.60%	$100	Learn More
Rate History: 1.60% → 1.70% → 1.60%
adirondackgirl \| Oct 29, 2018 I believe you must live in Utica or surrounding area to qualify for opening an account with them - I inquired a few years ago Read More Reviews (7)
Amalgamated Bank Morris Heights Branch	1.36%	$100,000	Learn More Add Review
Rate History: 1.26% → 1.76% → 1.51% → 1.41% → 1.36%
Amalgamated Bank	1.36%	$199	Learn More Add Review
Rate History: 1.26% → 1.76% → 1.51% → 1.41% → 1.36%
Champlain National Bank Champlain National Bank Branch	1.29%	$75,000	Learn More Add Review
Rate History: 0.30% → 1.28% → 1.29%
Empire State Bank Empire State Bank Branch	1.25%	$2,500	Learn More
Papa \| Jul 31, 2020 Reduced savings rate from 1.88% to .75% a day after I deposited a substantial amount of money and no notice given or reduction in rate told to me Read More Reviews (1)
Usaa Federal Savings Bank	1.10% 0.01%	$500,000 $1	Learn More
Rate History: 1.50% → 1.45% → 1.10%
RYAN S \| Nov 28, 2022 While USAA was at one point a great option for all your banking needs, the service has deteriorated so much that I'm currently in the process of changing banks after more than 2 decades. The final straw w... Read More Reviews (2)
Wells Fargo Bank, National Association Park & 40th Branch	1.01% 0.01%	$100,000 $1	Learn More
Rate History: 1.01% → 1.02% → 1.01%
Thy King \| Feb 6, 2023 after over 100k in transactions through this bank in the course of a year not only did i suffer from fraud but this bank closed my accounts and i have been lliable for all the losses and to top it off with... Read More Reviews (7)
International Bank Of Chicago Port Jervis New York Branch	1.00%	$200	Learn More
Rate History: 1.25% → 1.00%
Mandy \| May 8, 2021 Location: 5069 N. Broadway Chicago IL 60640 Read More Reviews (5)
First Horizon Bank	1.00% 0.70%	$100,000 $50,000	Learn More
Rate History: 2.02% → 1.76% → 1.26% → 1.16% → 1.00%
D R Lineberger \| Dec 30, 2018 Garden14 Read More Reviews (1)
Genesee Regional Bank Genesee Regional Bank Branch	1.00% 0.80% 0.55% 0.45% 0.25%	$500,000 $250,000 $100,000 $50,000 $2,500	Learn More Add Review
Solvay Bank Cicero Branch	1.00% 0.85%	$250,000 $100,000	Learn More Add Review
Rate History: 0.60% → 1.00%
Peoples Security Bank And Trust Company West Side Branch	1.00% 0.60% 0.10%	$5,000,000 $500,000 $2,500	Learn More Add Review
Rate History: 0.20% → 1.00%
Lake Shore Savings Bank East Amherst Branch	0.75%	$25,000	Learn More Add Review
Champlain National Bank Champlain National Bank Branch	0.75%	$25,000	Learn More Add Review
Rate History: 0.20% → 0.75%
Habib American Bank Habib American Bank Branch	0.60%	$1,500	Learn More
Ryan \| Feb 13, 2018 Is it legal to bring someone into the branch and shake them down and threaten them when they want to redeem their CD upon maturity (as opposed to allowing it to automatically renew)? If not, these guys an... Read More Reviews (2)
Flushing Bank 7102 3rd Avenue Branch	0.60%	$100,000	Learn More
Fred Theobald \| Jun 15, 2017 Just a great group of people to interact with at the Mineola branch. Been working with them for years. Everybody at all of the branches has always been a pleasure. Read More Reviews (1)
Habib American Bank Habib American Bank Branch	0.60%	$500	Learn More
Rate History: 0.35% → 0.60%
Ryan \| Feb 13, 2018 Is it legal to bring someone into the branch and shake them down and threaten them when they want to redeem their CD upon maturity (as opposed to allowing it to automatically renew)? If not, these guys an... Read More Reviews (2)
Massena Savings And Loan Massena Savings And Loan Branch	0.51%	$2,500	Learn More Add Review
Amerasia Bank 86-26 Broadway Branch	0.51%	$25,000	Learn More
Chang \| Aug 19, 2021 Best Service! Read More Reviews (3)
City National Bank 400 Park Branch	0.50%	$0	Learn More Add Review
Rate History: 1.36% → 1.11% → 0.85% → 0.60% → 0.50%
Popular Bank Seneca Avenue Branch	0.50% 0.40% 0.35% 0.30%	$50,000 $25,000 $10,000 $0	Learn More
Rate History: 0.60% → 0.50%
Dr. E. F. Ayers; e.f.ayers@outlook.com \| Oct 2, 2015 I have a CD maturing on 11/15 please email your CD Rates and contact info. Read More Reviews (2)
Maspeth Federal Savings And Loan Association 801 Jericho Turnpike Branch	0.50%	$100	Learn More Add Review
State Bank Of India State Bank Of India Branch	0.50%	$25,000	Learn More Add Review
Hamlin Bank And Trust Company Olean Branch	0.50%	$2,500	Learn More Add Review
The Bank Of Greene County Tannersville Branch	0.50%	$25,000	Learn More Add Review
The Berkshire Bank Harriman Branch	0.50%	$25,000	Learn More Add Review
Esquire Bank, National Association Esquire Bank, National Association Branch	0.50%	$10,000	Learn More Add Review
Global Bank Global Bank Branch	0.50%	$2,500	Learn More Add Review
Solvay Bank Cicero Branch	0.45% 0.35% 0.25%	$50,000 $25,000 $10,000	Learn More Add Review
Rate History: 0.25% → 0.50% → 0.45%
Wallkill Valley Federal Savings And Loan Association Highland Falls Branch	0.41%	$10	Learn More Add Review
Valley National Bank Port Washington Branch	0.40%	$10,000	Learn More
Rate History: 0.75% → 0.65% → 1.75% → 0.50% → 0.40%
SadSack \| Dec 2, 2022 No such limits as referred to by Jonathan. Perfectly Happy with service and keep adjusting the rate! Read More Reviews (2)
Cross County Savings Bank Eliot Branch	0.40%	$15,000	Learn More Add Review
Tompkins Community Bank Cornell Campus Store Branch	0.40% 0.30% 0.02% 0.01%	$150,000 $50,000 $10 $0	Learn More Add Review
Rate History: 0.75% → 0.55% → 0.50% → 0.45% → 0.40%
Woodforest National Bank 8034 Village Of Newark New York Walm Branch	0.40% 0.25%	$10,000 $0	Learn More
Rate History: 1.00% → 0.50% → 0.40%
Jabbroadway42 \| Nov 17, 2020 Is notarie services available today at a woodforest on wilkinson blvd Read More Reviews (2)
Savannah Bank National Association Fair Haven Branch	0.40%	$25,000	Learn More Add Review
Ballston Spa National Bank Wilton Office Branch	0.35% 0.15%	$1 $0	Learn More Add Review
Champlain National Bank Champlain National Bank Branch	0.35%	$10,000	Learn More Add Review
Rate History: 0.15% → 0.35%
Ridgewood Savings Bank Bay Ridge Branch	0.35% 0.25%	$25,000 $0	Learn More
Rate History: 4.65% → 0.35%
an \| Apr 25, 2022 We would not be having all this trouble with people sealing money out of other people's bank accounts if we were to just stop using fancy banking like onlinebanki Read More Reviews (5)
The North Country Savings Bank Greene And Caroline Streets Branch	0.35%	$25,000	Learn More Add Review
Geddes Federal Savings And Loan Association Geddes Federal Savings And Loan Asso Branch	0.35%	$2,500	Learn More Add Review
Carver Federal Savings Bank Flatbush Branch	0.35%	$25,000	Learn More Add Review
The North Country Savings Bank Greene And Caroline Streets Branch	0.30%	$10,000	Learn More Add Review
Amerasia Bank 86-26 Broadway Branch	0.30%	$2,500	Learn More
Chang \| Aug 19, 2021 Best Service! Read More Reviews (3)
Catskill Hudson Bank Callicoon Branch	0.30%	$25,000	Learn More Add Review
Carver Federal Savings Bank Flatbush Branch	0.30%	$2,500	Learn More Add Review
Shinhan Bank America Shinhan Bank America Branch	0.30%	$25,000	Learn More
Lori Kroko \| Mar 10, 2021 I think that it is absolutely despicable that I have been a customer of the Bank for more than 8 years and I bring in rolled coins with my account number on each wrapper and I am charged 5% fee. Cost me $3... Read More Reviews (1)
Rondout Savings Bank Rondout Savings Bank Branch	0.26%	$2,500	Learn More
pessy \| May 22, 2023 The Bank Rondout Savings Bank is SCAM and bad company This is horrible bank , the loans insisted that I must come in the office before they will review my application for loan. But Everything is done onli... Read More Reviews (2)
Cathay Bank Elmhurst Branch	0.25% 0.20%	$1,000,000 $500,000	Learn More Add Review
First Horizon Bank	0.25%	$2,500	Learn More
Rate History: 0.30% → 0.25%
D R Lineberger \| Dec 30, 2018 Garden14 Read More Reviews (1)
Cross County Savings Bank Eliot Branch	0.25%	$500	Learn More Add Review
Rate History: 0.35% → 0.25%
Keybank National Association Keybank National Association Branch	0.25%	$5,000	Learn More
Seeko \| Mar 28, 2023 On line banking gives a confirmation number when paying bills. But it doesn’t confirm that the bill will be paid only that they have the information. Ridiculous. Read More Reviews (2)
U.s. Bank National Association	0.25%	$25,000	Learn More
Rate History: 4.25% → 4.16% → 4.25% → 3.75% → 0.25%
Ugg \| Jun 12, 2023 US Bank reported me to dult Protective Services because my husband is 85 and I am63. He got sick and went into a nursing hime for 3 months. My husband always handled the financial affairs. I had to take ov... Read More Reviews (6)
Generations Bank Phelps Branch	0.25%	$25,000	Learn More
Osvaldo \| Apr 27, 2018 Best Rates and service in the area!!! Read More Reviews (1)
The Upstate National Bank Rochester Branch	0.25%	$10,000	Learn More Add Review
Gouverneur Savings And Loan Association Gouverneur Savings And Loan Associat Branch	0.25%	$10,000	Learn More Add Review
The Delaware National Bank Of Delhi Margaretville Branch	0.25%	$25,000	Learn More Add Review
Northeast Community Bank 590 East 187th Street Branch	0.25%	$2,500	Learn More Add Review
Carver Federal Savings Bank Flatbush Branch	0.25%	$2,500	Learn More Add Review
Alma Bank Bayside Branch	0.25%	$2,500	Learn More Add Review
Wallkill Valley Federal Savings And Loan Association Highland Falls Branch	0.21%	$25,000	Learn More Add Review
First National Bank In Frankfort	0.20%	$0	Learn More Add Review
First National Bank Of Scotia Guilderland-Westmere Branch	0.20%	$50	Learn More
Rate History: 0.07% → 0.10% → 0.15% → 0.20%
Zflash4000 \| Oct 1, 2017 Will play games with your account. changing posting dates and times. Will hold direct deposit so you overdraft your account. Read More Reviews (1)
Empire State Bank Empire State Bank Branch	0.20%	$100,000	Learn More
Papa \| Jul 31, 2020 Reduced savings rate from 1.88% to .75% a day after I deposited a substantial amount of money and no notice given or reduction in rate told to me Read More Reviews (1)
Ponce Bank Riverdale Branch	0.20%	$50,000	Learn More Add Review
Rate History: 0.20% → 0.15% → 0.20%
United Orient Bank United Orient Bank Branch	0.20%	$100	Learn More Add Review
Generations Bank Phelps Branch	0.20%	$10,000	Learn More
Osvaldo \| Apr 27, 2018 Best Rates and service in the area!!! Read More Reviews (1)
Cnb Bank Electric Tower Branch	0.20%	$10,000	Learn More Add Review
Pcsb Bank Eastchester Branch	0.20%	$2,500	Learn More Add Review
Catskill Hudson Bank Callicoon Branch	0.20%	$2,500	Learn More Add Review
First Citizens Community Bank Wellsville Branch	0.20%	$10,000	Learn More Add Review
Citizens & Northern Bank Hornell Branch	0.20%	$25,000	Learn More Add Review
The Delaware National Bank Of Delhi Margaretville Branch	0.20%	$2,500	Learn More Add Review
The Bank Of Greene County Tannersville Branch	0.20%	$2,500	Learn More Add Review
Rhinebeck Bank Internet Branch	0.20%	$10,000	Learn More
Customer 12603 \| Nov 26, 2018 This is a terrible bank. The employees are rude and do not care. The auto lender ratio is very high, which could affect their bottom number. Don’t use this bank, there are other stable banks in the area ... Read More Reviews (1)
Bcb Community Bank New Dorp Branch Office	0.20%	$10,000	Learn More
ann schulster \| Jan 30, 2017 Bank is offering 1.74% for 17 months, minimum deposit $17,000. This CD promotion ends on Feb 02, 2020 Read More Reviews (1)
Metropolitan Commercial Bank New York Branch	0.20%	$2,500	Learn More Add Review
Shinhan Bank America Shinhan Bank America Branch	0.20%	$2,500	Learn More
Lori Kroko \| Mar 10, 2021 I think that it is absolutely despicable that I have been a customer of the Bank for more than 8 years and I bring in rolled coins with my account number on each wrapper and I am charged 5% fee. Cost me $3... Read More Reviews (1)
Alma Bank Bayside Branch	0.20%	$10,000	Learn More Add Review
Global Bank Global Bank Branch	0.20%	$2,500	Learn More Add Review
Pcb Bank Bayside Office Branch	0.15%	$1,000	Learn More Add Review
Bankunited, National Association Avenue Of The Americas Branch	0.15%	$5,000	Learn More Add Review
Sterling Bank And Trust, Fsb	0.15%	$0	Learn More
samcasino \| Jan 30, 2021 Sterling hasn't offered a 1% rate for over a year. Best one can do now is .20%. The rates shown on this site are grossly outdated. Read More Reviews (1)
Wallkill Valley Federal Savings And Loan Association Highland Falls Branch	0.15%	$10,000	Learn More Add Review
Generations Bank Phelps Branch	0.15%	$2,500	Learn More
Osvaldo \| Apr 27, 2018 Best Rates and service in the area!!! Read More Reviews (1)
The Citizens National Bank Of Hammond Cnb Morristown Branch	0.15%	$2,500	Learn More Add Review
Gouverneur Savings And Loan Association Gouverneur Savings And Loan Associat Branch	0.15%	$2,500	Learn More Add Review
Glens Falls National Bank And Trust Company Ticonderoga Drive-In Branch	0.15%	$2,500	Learn More Add Review
Berkshire Bank Municipal Bank Br Branch	0.15%	$25,000	Learn More
Run \| Jan 12, 2021 They put paychecks on hold for a day so don’t expect your paycheck right away and they don’t answer their phones Read More Reviews (2)
Pathfinder Bank Oswego Plaza Branch	0.15%	$25,000	Learn More Add Review
Seneca Savings Seneca Savings Branch	0.15%	$25,000	Learn More Add Review
Catskill Hudson Bank Callicoon Branch	0.15%	$2,500	Learn More Add Review
Citizens & Northern Bank Hornell Branch	0.15%	$10,000	Learn More Add Review
The Delaware National Bank Of Delhi Margaretville Branch	0.15%	$2,500	Learn More Add Review
Ulster Savings Bank Poughkeepsie Branch	0.15%	$2,500	Learn More Add Review
Rhinebeck Bank Internet Branch	0.15%	$2,500	Learn More
Customer 12603 \| Nov 26, 2018 This is a terrible bank. The employees are rude and do not care. The auto lender ratio is very high, which could affect their bottom number. Don’t use this bank, there are other stable banks in the area ... Read More Reviews (1)
The Berkshire Bank Harriman Branch	0.15%	$2,500	Learn More Add Review
Bank Of Millbrook Amenia Branch	0.15%	$25,000	Learn More Add Review
The Putnam County National Bank Of Carmel Putnam Lake Office Branch	0.15%	$2,500	Learn More Add Review
Alma Bank Bayside Branch	0.15%	$2,500	Learn More Add Review
Industrial And Commercial Bank Of China Usa, National Association Brooklyn Branch	0.15%	$25,000	Learn More Add Review
Sterling Bank And Trust, Fsb	0.10%	$1	Learn More
samcasino \| Jan 30, 2021 Sterling hasn't offered a 1% rate for over a year. Best one can do now is .20%. The rates shown on this site are grossly outdated. Read More Reviews (1)
Evans Bank, National Association Lancaster Branch	0.10%	$5,000	Learn More Add Review
Rate History: 1.00% → 0.10%
Northfield Bank Bay Ridge Branch	0.10% 0.05%	$100 $300	Learn More Add Review
Royal Business Bank	0.10%	$10,000	Learn More Add Review
Massena Savings And Loan Massena Savings And Loan Branch	0.10%	$1	Learn More Add Review
Five Star Bank Henrietta Branch	0.10%	$10,000	Learn More
Rate History: 5.00% → 0.05% → 0.10%
Delores Thompson, FD Investments - Rochester, NY \| Aug 1, 2016 Currently looking for a list of non- performing loans on properties in the Western, New York area. Not sure where to obtain this information from Five Star, but if you would forward this request to the cor... Read More Reviews (1)
Genesee Regional Bank Genesee Regional Bank Branch	0.10%	$100	Learn More Add Review
Solvay Bank Cicero Branch	0.10%	$0	Learn More Add Review
Sunnyside Federal Savings And Loan Association Of Irvington Sunnyside Federal Savings And Loan A Branch	0.10%	$10	Learn More Add Review
Rate History: 0.25% → 0.10%
Jeff Bank Jeff Bank Branch	0.10%	$25,000	Learn More Add Review
The North Country Savings Bank Greene And Caroline Streets Branch	0.10%	$50	Learn More Add Review
Alden State Bank Lancaster Branch	0.10%	$25,000	Learn More Add Review
The First National Bank Of Groton Moravia Branch	0.10%	$25,000	Learn More Add Review
Wallkill Valley Federal Savings And Loan Association Highland Falls Branch	0.10%	$2,500	Learn More Add Review
Generations Bank Phelps Branch	0.10%	$2,500	Learn More
Osvaldo \| Apr 27, 2018 Best Rates and service in the area!!! Read More Reviews (1)
Gouverneur Savings And Loan Association Gouverneur Savings And Loan Associat Branch	0.10%	$2,500	Learn More Add Review
Nbt Bank, National Association Cortland Walmart Branch	0.10%	$10,000	Learn More Add Review
Carthage Federal Savings And Loan Association Clayton Branch	0.10%	$2,500	Learn More Add Review
Berkshire Bank Municipal Bank Br Branch	0.10%	$2,500	Learn More
Run \| Jan 12, 2021 They put paychecks on hold for a day so don’t expect your paycheck right away and they don’t answer their phones Read More Reviews (2)
Pathfinder Bank Oswego Plaza Branch	0.10%	$10,000	Learn More Add Review
Pioneer Bank Malta Branch	0.10%	$2,500	Learn More Add Review
The Adirondack Trust Company Malta Branch	0.10%	$2,500	Learn More
jennifer \| May 30, 2020 Terrible bank. Very rude to their customers and treat you as if you are unimportant. I started a new job and my direct deposit did not go into effect yet. I deposited my paycheck 3 weeks in a row and on th... Read More Reviews (2)
Northwest Bank Northwest Bank Branch	0.10%	$10,000	Learn More Add Review
Pcsb Bank Eastchester Branch	0.10%	$2,500	Learn More Add Review
The Lyons National Bank Ontario Branch	0.10%	$2,500	Learn More
william bridson \| Apr 5, 2024 need to deposit loose change Read More Reviews (1)
Savannah Bank National Association Fair Haven Branch	0.10%	$2,500	Learn More Add Review
Chemung Canal Trust Company Seneca Falls Branch	0.10%	$25,000	Learn More Add Review
Seneca Savings Seneca Savings Branch	0.10%	$2,500	Learn More Add Review
Geddes Federal Savings And Loan Association Geddes Federal Savings And Loan Asso Branch	0.10%	$2,500	Learn More Add Review
Maple City Savings Bank, Fsb Maple City Savings Bank, Fsb Branch	0.10%	$2,500	Learn More Add Review
Citizens & Northern Bank Hornell Branch	0.10%	$2,500	Learn More Add Review
Wayne Bank Roxbury Branch	0.10%	$2,500	Learn More
MoonShadows Farm \| Jan 26, 2024 I have been with Wayne Bank for almost 3 years after moving all of my accounts from Hells Fargo. Since then, I have had so many problems with depositing checks with my iPhone. (phone upgraded twice sinc... Read More Reviews (1)
Rondout Savings Bank Rondout Savings Bank Branch	0.10%	$2,500	Learn More
pessy \| May 22, 2023 The Bank Rondout Savings Bank is SCAM and bad company This is horrible bank , the loans insisted that I must come in the office before they will review my application for loan. But Everything is done onli... Read More Reviews (2)
The Bank Of Greene County Tannersville Branch	0.10%	$2,500	Learn More Add Review
Ulster Savings Bank Poughkeepsie Branch	0.10%	$2,500	Learn More Add Review
Walden Savings Bank Florida Branch	0.10%	$2,500	Learn More Add Review
Rhinebeck Bank Internet Branch	0.10%	$2,500	Learn More
Customer 12603 \| Nov 26, 2018 This is a terrible bank. The employees are rude and do not care. The auto lender ratio is very high, which could affect their bottom number. Don’t use this bank, there are other stable banks in the area ... Read More Reviews (1)
The Berkshire Bank Harriman Branch	0.10%	$2,500	Learn More Add Review
Bank Of Millbrook Amenia Branch	0.10%	$2,500	Learn More Add Review
The Putnam County National Bank Of Carmel Putnam Lake Office Branch	0.10%	$2,500	Learn More Add Review
Ponce Bank Riverdale Branch	0.10%	$2,500	Learn More Add Review
Bcb Community Bank New Dorp Branch Office	0.10%	$2,500	Learn More
ann schulster \| Jan 30, 2017 Bank is offering 1.74% for 17 months, minimum deposit $17,000. This CD promotion ends on Feb 02, 2020 Read More Reviews (1)
Keb Hana Bank Usa, National Association Fifth Avenue Branch	0.10%	$2,500	Learn More Add Review
Interaudi Bank Interaudi Bank Branch	0.10%	$10,000	Learn More Add Review
Hanmi Bank Manhattan Branch	0.10%	$2,500	Learn More Add Review
Industrial And Commercial Bank Of China Usa, National Association Brooklyn Branch	0.10%	$2,500	Learn More Add Review
Centennial Bank New York Branch	0.10%	$2,500	Learn More
Asj \| Nov 15, 2020 Do they? Read More Reviews (1)
The First National Bank Of Groton Moravia Branch	0.08%	$10,000	Learn More Add Review
Community Bank, National Association Hamilton Branch	0.08%	$25,000	Learn More Add Review
The First National Bank Of Dryden Cortland Branch	0.08%	$10,000	Learn More
Robert Wilson \| Sep 13, 2018 I was going to open an account, but turned around and walked out when they told me it will take 90 Days to get my Debit Card? Really? 90 Days?? NO THANKS. I went to their Competitor!!! Read More Reviews (1)
Orange Bank &trust Company Chester Branch	0.08%	$2,500	Learn More
sbrown2@frontiernet.net \| Jul 7, 2016 I first dealt with Mrs. Bosch at OCTC in 1975. You will not find a bank who will treat you with the respect and truthfulness a customer deserves. Read More Reviews (1)
Chemung Canal Trust Company Seneca Falls Branch	0.07%	$25,000	Learn More Add Review
Trustco Bank Stuyvesant Plaza Branch	0.06%	$20,000	Learn More
Rate History: 4.00% → 3.55% → 3.50% → 0.07% → 0.06%
Mark Fitzpatrick \| Apr 4, 2016 I been with trustco for years and it is well run. They really are a home town bank. As a small business person i appreciate the business card stand they have in the branches for there customers. I was w... Read More Reviews (1)
Tioga State Bank Owego Fifth Avenue Branch	0.06%	$25,000	Learn More Add Review
Santander Bank, N.a. Garden City Branch	0.05%	$10,000	Learn More
You must have a Premier Checking account to obtain this rate.
Maggie \| May 11, 2023 They made mistakes twice and would not correct them Read More Reviews (6)
Valley National Bank Port Washington Branch	0.05%	$100	Learn More
Rate History: 0.60% → 0.40% → 0.30% → 0.15% → 0.05%
SadSack \| Dec 2, 2022 No such limits as referred to by Jonathan. Perfectly Happy with service and keep adjusting the rate! Read More Reviews (2)
Ballston Spa National Bank Wilton Office Branch	0.05%	$100	Learn More Add Review
Cathay Bank Elmhurst Branch	0.05%	$50,000	Learn More Add Review
Royal Business Bank	0.05%	$2,500	Learn More Add Review
Preferred Bank Flushing Branch	0.05%	$1	Learn More Add Review
Kearny Bank Brooklyn Branch	0.05%	$0	Learn More Add Review
Provident Bank	0.05%	$500	Learn More
Abraham Farber \| May 14, 2015 looking to refinance into a fixed equity 15 yr loan, I have now a 1st Mortg & equity line total of about 218000. looking to get about 360 & pay off the old ones & have extra, I have a 4 unit house were we ... Read More Reviews (1)
Oceanfirst Bank, National Association	0.05% 0.03%	$50,000 $0	Learn More Add Review
Adirondack Bank Holland Patent Branch	0.05% 0.03% 0.01%	$5,000,000 $250,000 $0	Learn More
Ed \| Jan 5, 2018 BEWARE of their Home Equity Loan practices. Towards the end of the process, after you've complied with all their requests and are on the hook for lots of fees if you cancel, they demand that all of your cr... Read More Reviews (1)
Fulton Savings Bank Village Green Branch	0.05%	$100	Learn More Add Review
Five Star Bank Henrietta Branch	0.05%	$0	Learn More
Rate History: 0.10% → 0.05%
Delores Thompson, FD Investments - Rochester, NY \| Aug 1, 2016 Currently looking for a list of non- performing loans on properties in the Western, New York area. Not sure where to obtain this information from Five Star, but if you would forward this request to the cor... Read More Reviews (1)
Peoples Security Bank And Trust Company West Side Branch	0.05%	$0	Learn More Add Review
Sawyer Savings Bank Sawyer Savings Bank Branch	0.05%	$300	Learn More Add Review
Flushing Bank 7102 3rd Avenue Branch	0.05%	$0	Learn More
Fred Theobald \| Jun 15, 2017 Just a great group of people to interact with at the Mineola branch. Been working with them for years. Everybody at all of the branches has always been a pleasure. Read More Reviews (1)
Eastbank, National Association Eastbank, National Association Branch	0.05%	$1	Learn More Add Review
Trustco Bank Stuyvesant Plaza Branch	0.05%	$20,000	Learn More
Rate History: 4.00% → 3.55% → 3.50% → 0.08% → 0.05%
Mark Fitzpatrick \| Apr 4, 2016 I been with trustco for years and it is well run. They really are a home town bank. As a small business person i appreciate the business card stand they have in the branches for there customers. I was w... Read More Reviews (1)
Jeff Bank Jeff Bank Branch	0.05%	$1	Learn More Add Review
Alden State Bank Lancaster Branch	0.05%	$100	Learn More Add Review
Abacus Federal Savings Bank Abacus Federal Savings Bank Branch	0.05%	$2,500	Learn More Add Review
Cattaraugus County Bank Fairmount Avenue Branch	0.05%	$2,500	Learn More
Kimber0122 \| Jan 12, 2018 I've been with this bank for years; it used to be great, with good customer service that made up the for inconvenience of small-town banking with few locations. However, they recently switched to a new on... Read More Reviews (1)
The First National Bank Of Groton Moravia Branch	0.05%	$1	Learn More Add Review
The Upstate National Bank Rochester Branch	0.05%	$2,500	Learn More Add Review
Nbt Bank, National Association Cortland Walmart Branch	0.05%	$2,500	Learn More Add Review
Glens Falls National Bank And Trust Company Ticonderoga Drive-In Branch	0.05%	$2,500	Learn More Add Review
Watertown Savings Bank Alexandria Bay Branch	0.05%	$2,500	Learn More Add Review
Berkshire Bank Municipal Bank Br Branch	0.05%	$2,500	Learn More
Run \| Jan 12, 2021 They put paychecks on hold for a day so don’t expect your paycheck right away and they don’t answer their phones Read More Reviews (2)
Pathfinder Bank Oswego Plaza Branch	0.05%	$2,500	Learn More Add Review
Pioneer Bank Malta Branch	0.05%	$2,500	Learn More Add Review
Northwest Bank Northwest Bank Branch	0.05%	$2,500	Learn More Add Review
Chemung Canal Trust Company Seneca Falls Branch	0.05%	$2,500	Learn More Add Review
Cayuga Lake National Bank Cayuga Lake National Bank Branch	0.05%	$2,500	Learn More Add Review
The First National Bank Of Dryden Cortland Branch	0.05%	$2,500	Learn More
Robert Wilson \| Sep 13, 2018 I was going to open an account, but turned around and walked out when they told me it will take 90 Days to get my Debit Card? Really? 90 Days?? NO THANKS. I went to their Competitor!!! Read More Reviews (1)
Bnb Bank Melville Branch	0.05%	$2,500	Learn More Add Review
First Citizens Community Bank Wellsville Branch	0.05%	$2,500	Learn More Add Review
Citizens & Northern Bank Hornell Branch	0.05%	$2,500	Learn More Add Review
Wayne Bank Roxbury Branch	0.05%	$2,500	Learn More
MoonShadows Farm \| Jan 26, 2024 I have been with Wayne Bank for almost 3 years after moving all of my accounts from Hells Fargo. Since then, I have had so many problems with depositing checks with my iPhone. (phone upgraded twice sinc... Read More Reviews (1)
Bank Of Millbrook Amenia Branch	0.05%	$2,500	Learn More Add Review
Orange Bank &trust Company Chester Branch	0.05%	$25,000	Learn More
sbrown2@frontiernet.net \| Jul 7, 2016 I first dealt with Mrs. Bosch at OCTC in 1975. You will not find a bank who will treat you with the respect and truthfulness a customer deserves. Read More Reviews (1)
Metropolitan Commercial Bank New York Branch	0.05%	$2,500	Learn More Add Review
East West Bank 77 Bowery Branch	0.05%	$2,500	Learn More
Bauhinia C \| Mar 15, 2023 Oh Natty natty natty, haha the fact you need to take out (probably a second) loan for $160,000 on a $625,000 sends up all kinds of red flags. The bank was right to run away from YOU dear hahaha. Read More Reviews (2)
Keb Hana Bank Usa, National Association Fifth Avenue Branch	0.05%	$2,500	Learn More Add Review
Fieldpoint Private Bank & Trust Fieldpoint Private Bank & Trust Bran Branch	0.05%	$2,500	Learn More Add Review
Hanmi Bank Manhattan Branch	0.05%	$2,500	Learn More Add Review
Industrial And Commercial Bank Of China Usa, National Association Brooklyn Branch	0.05%	$2,500	Learn More Add Review
Five Star Bank Henrietta Branch	0.04%	$0	Learn More
Delores Thompson, FD Investments - Rochester, NY \| Aug 1, 2016 Currently looking for a list of non- performing loans on properties in the Western, New York area. Not sure where to obtain this information from Five Star, but if you would forward this request to the cor... Read More Reviews (1)
Bank Of America, National Association Goldens Bridge Branch	0.04%	$2,500	Learn More
Treasure \| Jul 24, 2023 BOFA is a den of people thieves camouflaged as bank operatives. There’s a soon to be uncovered carrel of money laundry there. They took all my money and don’t want to release it to me for no particular... Read More Reviews (11)
Evans Bank, National Association Lancaster Branch	0.03%	$0	Learn More Add Review
Rate History: 1.00% → 0.03%
Santander Bank, N.a. Garden City Branch	0.03%	$0	Learn More
Maggie \| May 11, 2023 They made mistakes twice and would not correct them Read More Reviews (6)
Community Bank, National Association Hamilton Branch	0.03%	$2,500	Learn More Add Review
Pathfinder Bank Oswego Plaza Branch	0.03%	$2,500	Learn More Add Review
The First National Bank Of Dryden Cortland Branch	0.03%	$2,500	Learn More
Robert Wilson \| Sep 13, 2018 I was going to open an account, but turned around and walked out when they told me it will take 90 Days to get my Debit Card? Really? 90 Days?? NO THANKS. I went to their Competitor!!! Read More Reviews (1)
Tioga State Bank Owego Fifth Avenue Branch	0.03%	$2,500	Learn More Add Review
Chemung Canal Trust Company Seneca Falls Branch	0.03%	$25,000	Learn More Add Review
Orange Bank &trust Company Chester Branch	0.03%	$2,500	Learn More
sbrown2@frontiernet.net \| Jul 7, 2016 I first dealt with Mrs. Bosch at OCTC in 1975. You will not find a bank who will treat you with the respect and truthfulness a customer deserves. Read More Reviews (1)
Pnc Bank, National Association 11 Penn Plaza Branch	0.02%	$50,000	Learn More
Rate History: 1.00% → 0.05% → 0.02%
GAM \| May 18, 2019 Had checking and savings for years when living in Philly. Went into PNC 2.35 APY high yield savings. They have thus far maintained rate. Easy web site and great customer phone service. Still maintain check... Read More Reviews (1)
Jpmorgan Chase Bank, National Association U Of R River Campus Branch	0.02%	$25,000	Learn More
Hayley7788d@outlook.com \| Jan 2, 2023 Terrible customer service by investment side. Fees too high , too full of themselves Read More Reviews (25)
Community Bank, National Association Hamilton Branch	0.02%	$2,500	Learn More Add Review
Chemung Canal Trust Company Seneca Falls Branch	0.02%	$2,500	Learn More Add Review
Tioga State Bank Owego Fifth Avenue Branch	0.02%	$2,500	Learn More Add Review
Webster Bank, National Association Yonkers Branch	0.02%	$2,500	Learn More Add Review
Pnc Bank, National Association 11 Penn Plaza Branch	0.01%	$2,500	Learn More
Rate History: 0.03% → 0.01%
GAM \| May 18, 2019 Had checking and savings for years when living in Philly. Went into PNC 2.35 APY high yield savings. They have thus far maintained rate. Easy web site and great customer phone service. Still maintain check... Read More Reviews (1)
Keybank National Association Keybank National Association Branch	0.01%	$1	Learn More
Seeko \| Mar 28, 2023 On line banking gives a confirmation number when paying bills. But it doesn’t confirm that the bill will be paid only that they have the information. Ridiculous. Read More Reviews (2)
Manufacturers And Traders Trust Company Bayport Branch	0.01%	$1	Learn More
Claire blankinship \| Aug 5, 2020 I used to go to M&T when it was still Provident Bank. M&T has been very responsive to my needs and I have been pleased with the banking experience. Read More Reviews (3)
City National Bank 400 Park Branch	0.01%	$0	Learn More Add Review
Northwest Bank Northwest Bank Branch	0.01%	$100	Learn More Add Review
Northfield Bank Bay Ridge Branch	0.01%	$0	Learn More Add Review
Webster Bank, National Association Yonkers Branch	0.01%	$2,500	Learn More Add Review
Alpine Capital Bank Alpine Capital Bank Branch	0.01%	$1	Learn More Add Review

All rates listed are Annual Percentage Yield (APY). The APY rate in a savings account or money market account is a variable rate that is subject to change at any point. The Min listed is the minimum deposit account balance required to obtain the rate listed.

See rates for Credit Unions →

Branches Info across New York

Branch	Street	City	State
Citibank, National Association Lakeland Branch	3131 East Main Street	Mohegan Lake	NY
Customers Bank Ryebrook Branch	102 South Ridge Street	Rye Brook	NY
Spring Bank Bronx Branch - Main Headquarters	69 East 167th Street	Bronx	NY
Popular Bank Seneca Avenue Branch	918 Seneca Avenue	Ridgewood	NY
International Bank of Chicago Port Jervis New York Branch	2 West Main Street	Port Jervis	NY
Popular Bank Seneca Avenue Branch	918 Seneca Avenue	Ridgewood	NY
CTBC Bank Corp. (USA) Brooklyn Branch	54-18 8th Avenue	Brooklyn	NY
Apple Bank Sag Harbor Branch	138 Main Street	Sag Harbor	NY
BankUnited, National Association Avenue Of The Americas Branch	960 6th Avenue Of The Americas	New York	NY
Spring Bank Bronx Branch - Main Headquarters	69 East 167th Street	Bronx	NY
Citizens Clifton Park Branch	One Municipal Plaza	Clifton Park	NY
TD Bank, National Association Latham Branch	One Old Loudon Road	Latham	NY
Capital One, National Association Penn Plaza Branch	One Penn Plaza	New York	NY
International Bank of Chicago Port Jervis New York Branch	2 West Main Street	Port Jervis	NY
HSBC Bank USA, National Association Carle Place Branch	One Old Country Road	Carle Place	NY
Kearny Bank Brooklyn Branch	689 Fifth Ave	Brooklyn	NY
The First National Bank of Long Island Port Jefferson Station Branch	5225 Nesconset Highway, Bldg 4, Suite 21	Port Jefferson Station	NY
Hanover Community Bank Hanover Community Bank Branch	2131 Jericho Turnpike	Garden City Park	NY
Apple Bank Sag Harbor Branch	138 Main Street	Sag Harbor	NY
Woodforest National Bank 8034 Village Of Newark New York Walm Branch	6788 Rt 31 East	Newark	NY
Bank of Hope Flushing-Crocheron Branch	162-05 Crocheron Ave	Flushing	NY
Citizens Clifton Park Branch	One Municipal Plaza	Clifton Park	NY
New Millennium Bank Bayside Branch	209-35 Northern Boulevard	Bayside	NY
Apple Bank Sag Harbor Branch	138 Main Street	Sag Harbor	NY
Citizens Clifton Park Branch	One Municipal Plaza	Clifton Park	NY
Lake Shore Savings Bank East Amherst Branch	5751 Transit Road	East Amherst	NY
ConnectOne Bank Madison Avenue Branch Office	551 Madison Avenue	New York	NY
Capital One, National Association Penn Plaza Branch	One Penn Plaza	New York	NY
The First National Bank of Long Island Port Jefferson Station Branch	5225 Nesconset Highway, Bldg 4, Suite 21	Port Jefferson Station	NY
International Bank of Chicago Port Jervis New York Branch	2 West Main Street	Port Jervis	NY
Woodforest National Bank 8034 Village Of Newark New York Walm Branch	6788 Rt 31 East	Newark	NY
New Millennium Bank Bayside Branch	209-35 Northern Boulevard	Bayside	NY
TD Bank, National Association Latham Branch	One Old Loudon Road	Latham	NY
Amalgamated Bank Morris Heights Branch	94 Burnside Avenue	Bronx	NY
First National Bank of Scotia Guilderland-Westmere Branch	8 Karner Road	Guilderland	NY
M.Y. Safra Bank M.Y. Safra Bank, Fsb Branch	499 Park Avenue	New York	NY
Popular Bank Seneca Avenue Branch	918 Seneca Avenue	Ridgewood	NY
Woodforest National Bank 8034 Village Of Newark New York Walm Branch	6788 Rt 31 East	Newark	NY
Ballston Spa National Bank Wilton Office Branch	Route 9	Wilton	NY
New Millennium Bank Bayside Branch	209-35 Northern Boulevard	Bayside	NY
Amalgamated Bank Morris Heights Branch	94 Burnside Avenue	Bronx	NY
Valley National Bank Port Washington Branch	960 Port Washington Blvd.	Port Washington	NY
Bank of Utica Bank Of Utica Branch	222 Genesee Street	Utica	NY
First National Bank of Scotia Guilderland-Westmere Branch	8 Karner Road	Guilderland	NY
The First National Bank of Long Island Port Jefferson Station Branch	5225 Nesconset Highway, Bldg 4, Suite 21	Port Jefferson Station	NY
Amalgamated Bank Morris Heights Branch	94 Burnside Avenue	Bronx	NY
Champlain National Bank Champlain National Bank Branch	7558 Us Route 9	Elizabethtown	NY
Woodforest National Bank 8034 Village Of Newark New York Walm Branch	6788 Rt 31 East	Newark	NY
Empire State Bank Empire State Bank Branch	68 North Plank Road	Newburgh	NY
Wells Fargo Bank, National Association Park & 40th Branch	99 Park Avenue	New York	NY
Apple Bank Sag Harbor Branch	138 Main Street	Sag Harbor	NY
First National Bank of Scotia Guilderland-Westmere Branch	8 Karner Road	Guilderland	NY
Amalgamated Bank Morris Heights Branch	94 Burnside Avenue	Bronx	NY
International Bank of Chicago Port Jervis New York Branch	2 West Main Street	Port Jervis	NY
Genesee Regional Bank Genesee Regional Bank Branch	1850 South Winton Rd	Rochester	NY
Solvay Bank Cicero Branch	7895 Brewerton Road	Cicero	NY
Peoples Security Bank and Trust Company West Side Branch	275 Main St	Binghamton	NY
Solvay Bank Cicero Branch	7895 Brewerton Road	Cicero	NY
Genesee Regional Bank Genesee Regional Bank Branch	1850 South Winton Rd	Rochester	NY
Lake Shore Savings Bank East Amherst Branch	5751 Transit Road	East Amherst	NY
Champlain National Bank Champlain National Bank Branch	7558 Us Route 9	Elizabethtown	NY
First National Bank of Scotia Guilderland-Westmere Branch	8 Karner Road	Guilderland	NY
Habib American Bank Habib American Bank Branch	99 Madison Avenue	New York	NY
Peoples Security Bank and Trust Company West Side Branch	275 Main St	Binghamton	NY
Flushing Bank 7102 3rd Avenue Branch	7102 3rd Avenue	Brooklyn	NY
Habib American Bank Habib American Bank Branch	99 Madison Avenue	New York	NY
Genesee Regional Bank Genesee Regional Bank Branch	1850 South Winton Rd	Rochester	NY
Massena Savings and Loan Massena Savings And Loan Branch	255 Main Street	Massena	NY
Amerasia Bank 86-26 Broadway Branch	86-26 Broadway	Elmhurst	NY
City National Bank 400 Park Branch	400 Park Avenue	New York	NY
Popular Bank Seneca Avenue Branch	918 Seneca Avenue	Ridgewood	NY
Maspeth Federal Savings and Loan Association 801 Jericho Turnpike Branch	801 Jericho Turnpike	New Hyde Park	NY
State Bank of India State Bank Of India Branch	460 Park Avenue	New York	NY
Hamlin Bank and Trust Company Olean Branch	2102 West State Street	Olean	NY
The Bank of Greene County Tannersville Branch	6176 Main Street	Tannersville	NY
The Berkshire Bank Harriman Branch	80 Route 17m	Harriman	NY
Esquire Bank, National Association Esquire Bank, National Association Branch	320 Old Country Rd.	Garden City	NY
Global Bank Global Bank Branch	8 Catherine Street	New York	NY
Genesee Regional Bank Genesee Regional Bank Branch	1850 South Winton Rd	Rochester	NY
Solvay Bank Cicero Branch	7895 Brewerton Road	Cicero	NY
Wallkill Valley Federal Savings and Loan Association Highland Falls Branch	252 Main Street	Highland Falls	NY
Valley National Bank Port Washington Branch	960 Port Washington Blvd.	Port Washington	NY
Cross County Savings Bank Eliot Branch	80-10 Eliot Avenue	Middle Village	NY
Tompkins Community Bank Cornell Campus Store Branch	Central Avenue	Ithaca	NY
Popular Bank Seneca Avenue Branch	918 Seneca Avenue	Ridgewood	NY
Woodforest National Bank 8034 Village Of Newark New York Walm Branch	6788 Rt 31 East	Newark	NY
Savannah Bank National Association Fair Haven Branch	563 Main Street	Fair Haven	NY
Woodforest National Bank 8034 Village Of Newark New York Walm Branch	6788 Rt 31 East	Newark	NY
Ballston Spa National Bank Wilton Office Branch	Route 9	Wilton	NY
Popular Bank Seneca Avenue Branch	918 Seneca Avenue	Ridgewood	NY
Champlain National Bank Champlain National Bank Branch	7558 Us Route 9	Elizabethtown	NY
Solvay Bank Cicero Branch	7895 Brewerton Road	Cicero	NY
Ridgewood Savings Bank Bay Ridge Branch	8522 Third Avenue	Brooklyn	NY
The North Country Savings Bank Greene And Caroline Streets Branch	Greene And Caroline Streets	Ogdensburg	NY
Geddes Federal Savings and Loan Association Geddes Federal Savings And Loan Asso Branch	2208 West Genesee St	Syracuse	NY
Carver Federal Savings Bank Flatbush Branch	833 Flatbush Avenue	Brooklyn	NY
Popular Bank Seneca Avenue Branch	918 Seneca Avenue	Ridgewood	NY
Tompkins Community Bank Cornell Campus Store Branch	Central Avenue	Ithaca	NY
The North Country Savings Bank Greene And Caroline Streets Branch	Greene And Caroline Streets	Ogdensburg	NY
Amerasia Bank 86-26 Broadway Branch	86-26 Broadway	Elmhurst	NY
Catskill Hudson Bank Callicoon Branch	9 Lower Main Street/Cr 133	Callicoon	NY
Carver Federal Savings Bank Flatbush Branch	833 Flatbush Avenue	Brooklyn	NY
Shinhan Bank America Shinhan Bank America Branch	330 Fifth Avenue, 4th Floor	New York	NY
Rondout Savings Bank Rondout Savings Bank Branch	300 Broadway	Kingston	NY
Woodforest National Bank 8034 Village Of Newark New York Walm Branch	6788 Rt 31 East	Newark	NY
Cathay Bank Elmhurst Branch	82-62 Broadway	New York City	NY
Genesee Regional Bank Genesee Regional Bank Branch	1850 South Winton Rd	Rochester	NY
Solvay Bank Cicero Branch	7895 Brewerton Road	Cicero	NY
Apple Bank Sag Harbor Branch	138 Main Street	Sag Harbor	NY
Ridgewood Savings Bank Bay Ridge Branch	8522 Third Avenue	Brooklyn	NY
Cross County Savings Bank Eliot Branch	80-10 Eliot Avenue	Middle Village	NY
KeyBank National Association Keybank National Association Branch	155 Wolf Road	Albany	NY
Generations Bank Phelps Branch	89 Main Street	Phelps	NY
The Upstate National Bank Rochester Branch	150 State Street, Third Floor	Rochester	NY
Gouverneur Savings and Loan Association Gouverneur Savings And Loan Associat Branch	42 Church Street	Gouverneur	NY
The Delaware National Bank of Delhi Margaretville Branch	42568 Route 28	Margaretville	NY
NorthEast Community Bank 590 East 187th Street Branch	590 East 187th Street	Bronx	NY
Carver Federal Savings Bank Flatbush Branch	833 Flatbush Avenue	Brooklyn	NY
Alma Bank Bayside Branch	Northern Boulevard	Bayside	NY
Wallkill Valley Federal Savings and Loan Association Highland Falls Branch	252 Main Street	Highland Falls	NY
Cathay Bank Elmhurst Branch	82-62 Broadway	New York City	NY
First National Bank of Scotia Guilderland-Westmere Branch	8 Karner Road	Guilderland	NY
Empire State Bank Empire State Bank Branch	68 North Plank Road	Newburgh	NY
Ponce Bank Riverdale Branch	5560 Broadway	Bronx	NY
United Orient Bank United Orient Bank Branch	185 Canal Street	New York City	NY
Citibank, National Association Lakeland Branch	3131 East Main Street	Mohegan Lake	NY
Generations Bank Phelps Branch	89 Main Street	Phelps	NY
CNB Bank Electric Tower Branch	535 Washington Street, Suite 101	Buffalo	NY
PCSB Bank Eastchester Branch	478 White Plains Road	Eastchester	NY
Catskill Hudson Bank Callicoon Branch	9 Lower Main Street/Cr 133	Callicoon	NY
First Citizens Community Bank Wellsville Branch	10 South Main Street	Wellsville	NY
Citizens & Northern Bank Hornell Branch	6250 County Route 64	Hornell	NY
The Delaware National Bank of Delhi Margaretville Branch	42568 Route 28	Margaretville	NY
The Bank of Greene County Tannersville Branch	6176 Main Street	Tannersville	NY
Rhinebeck Bank Internet Branch	Jefferson Plaza, 2 Jefferson Street	Poughkeepsie	NY
BCB Community Bank New Dorp Branch Office	356 New Dorp Lane	Staten Island	NY
Metropolitan Commercial Bank New York Branch	99 Park Avenue	New York	NY
Shinhan Bank America Shinhan Bank America Branch	330 Fifth Avenue, 4th Floor	New York	NY
Alma Bank Bayside Branch	Northern Boulevard	Bayside	NY
Global Bank Global Bank Branch	8 Catherine Street	New York	NY
Amalgamated Bank Morris Heights Branch	94 Burnside Avenue	Bronx	NY
Ballston Spa National Bank Wilton Office Branch	Route 9	Wilton	NY
PCB Bank Bayside Office Branch	220-34 And 220-36 Northern Blvd	Bayside	NY
BankUnited, National Association Avenue Of The Americas Branch	960 6th Avenue Of The Americas	New York	NY
New Millennium Bank Bayside Branch	209-35 Northern Boulevard	Bayside	NY
Wallkill Valley Federal Savings and Loan Association Highland Falls Branch	252 Main Street	Highland Falls	NY
Generations Bank Phelps Branch	89 Main Street	Phelps	NY
The Citizens National Bank of Hammond Cnb Morristown Branch	405 Main Street	Morristown	NY
Gouverneur Savings and Loan Association Gouverneur Savings And Loan Associat Branch	42 Church Street	Gouverneur	NY
Arrow Bank National Association Ticonderoga Drive-In Branch	Wicker Street	Ticonderoga	NY
Berkshire Bank Municipal Bank Br Branch	41 State Street	Albany	NY
Pathfinder Bank Oswego Plaza Branch	291 State Route 104 East	Oswego	NY
Seneca Savings Seneca Savings Branch	35 Oswego St	Baldwinsville	NY
Catskill Hudson Bank Callicoon Branch	9 Lower Main Street/Cr 133	Callicoon	NY
Citizens & Northern Bank Hornell Branch	6250 County Route 64	Hornell	NY
The Delaware National Bank of Delhi Margaretville Branch	42568 Route 28	Margaretville	NY
Ulster Savings Bank Poughkeepsie Branch	39 Burnett Blvd	Poughkeepsie	NY
Rhinebeck Bank Internet Branch	Jefferson Plaza, 2 Jefferson Street	Poughkeepsie	NY
The Berkshire Bank Harriman Branch	80 Route 17m	Harriman	NY
Bank of Millbrook Amenia Branch	5094 Route 22	Amenia	NY
The Putnam County National Bank of Carmel Putnam Lake Office Branch	89 Haviland Drive	Patterson	NY
Alma Bank Bayside Branch	Northern Boulevard	Bayside	NY
Industrial and Commercial Bank of China USA, National Association Brooklyn Branch	5714 8th Avenue (At 57th Street)	Brooklyn	NY
Evans Bank, National Association Lancaster Branch	4979 Transit Road	Depew	NY
Northfield Bank Bay Ridge Branch	8512 Third Avenue	Brooklyn	NY
Massena Savings and Loan Massena Savings And Loan Branch	255 Main Street	Massena	NY
Five Star Bank Henrietta Branch	765 Calkins Road	Rochester	NY
Genesee Regional Bank Genesee Regional Bank Branch	1850 South Winton Rd	Rochester	NY
Solvay Bank Cicero Branch	7895 Brewerton Road	Cicero	NY
Peoples Security Bank and Trust Company West Side Branch	275 Main St	Binghamton	NY
Sunnyside Federal Savings and Loan Association of Irvington Sunnyside Federal Savings And Loan A Branch	56 Main St	Irvington	NY
Jeff Bank Jeff Bank Branch	85 Main Street	Bloomingburg	NY
The North Country Savings Bank Greene And Caroline Streets Branch	Greene And Caroline Streets	Ogdensburg	NY
Alden State Bank Lancaster Branch	5802 Broadway	Lancaster	NY
The First National Bank of Groton Moravia Branch	41 South Main Street	Moravia	NY
Wallkill Valley Federal Savings and Loan Association Highland Falls Branch	252 Main Street	Highland Falls	NY
Generations Bank Phelps Branch	89 Main Street	Phelps	NY
Gouverneur Savings and Loan Association Gouverneur Savings And Loan Associat Branch	42 Church Street	Gouverneur	NY
NBT Bank, National Association Cortland Walmart Branch	819 Bernie Road (Route 13)	Cortland	NY
Carthage Savings and Loan, National Association Clayton Branch	325 State Street	Clayton	NY
Berkshire Bank Municipal Bank Br Branch	41 State Street	Albany	NY
Pathfinder Bank Oswego Plaza Branch	291 State Route 104 East	Oswego	NY
Pioneer Bank, National Association Malta Branch	10 Kendall Way	Malta	NY
The Adirondack Trust Company Malta Branch	Route 9	Malta	NY
Northwest Bank Northwest Bank Branch	Eastern Hills Mall, 4545 Transit Road	Williamsville	NY
PCSB Bank Eastchester Branch	478 White Plains Road	Eastchester	NY
The Lyons National Bank Ontario Branch	6280 Furnace Road, Suite 200	Ontario	NY
Savannah Bank National Association Fair Haven Branch	563 Main Street	Fair Haven	NY
Chemung Canal Trust Company Seneca Falls Branch	54 Fall Street	Seneca Falls	NY
Seneca Savings Seneca Savings Branch	35 Oswego St	Baldwinsville	NY
Geddes Federal Savings and Loan Association Geddes Federal Savings And Loan Asso Branch	2208 West Genesee St	Syracuse	NY
Maple City Savings Bank, FSB Maple City Savings Bank, Fsb Branch	145 Main Street	Hornell	NY
Citizens & Northern Bank Hornell Branch	6250 County Route 64	Hornell	NY
Wayne Bank Roxbury Branch	53898 State Highway 30	Roxbury	NY
Rondout Savings Bank Rondout Savings Bank Branch	300 Broadway	Kingston	NY
The Bank of Greene County Tannersville Branch	6176 Main Street	Tannersville	NY
Ulster Savings Bank Poughkeepsie Branch	39 Burnett Blvd	Poughkeepsie	NY
Walden Savings Bank Florida Branch	95 N Main St	Florida	NY
Rhinebeck Bank Internet Branch	Jefferson Plaza, 2 Jefferson Street	Poughkeepsie	NY
The Berkshire Bank Harriman Branch	80 Route 17m	Harriman	NY
Bank of Millbrook Amenia Branch	5094 Route 22	Amenia	NY
The Putnam County National Bank of Carmel Putnam Lake Office Branch	89 Haviland Drive	Patterson	NY
Ponce Bank Riverdale Branch	5560 Broadway	Bronx	NY
BCB Community Bank New Dorp Branch Office	356 New Dorp Lane	Staten Island	NY
Hana Bank USA, National Association Fifth Avenue Branch	309 5th Avenue	New York	NY
Interaudi Bank Interaudi Bank Branch	19 East 54th Street	New York	NY
Hanmi Bank Manhattan Branch	325 Fifth Avenue	New York	NY
Industrial and Commercial Bank of China USA, National Association Brooklyn Branch	5714 8th Avenue (At 57th Street)	Brooklyn	NY
Centennial Bank New York Branch	12 East 49th Street	New York	NY
The First National Bank of Groton Moravia Branch	41 South Main Street	Moravia	NY
Community Bank, National Association Hamilton Branch	35 Broad Street	Hamilton	NY
The First National Bank of Dryden Cortland Branch	853 Route 13	Cortland	NY
Orange Bank & Trust Company Chester Branch	91 Brookside Avenue	Chester	NY
Chemung Canal Trust Company Seneca Falls Branch	54 Fall Street	Seneca Falls	NY
TrustCo Bank Stuyvesant Plaza Branch	Western Avenue At Fuller Road	Albany	NY
Tioga State Bank National Association Owego Fifth Avenue Branch	923 State Route 17c	Owego	NY
Santander Bank, N.A. Garden City Branch	998 Franklin Avenue	Garden City	NY
Valley National Bank Port Washington Branch	960 Port Washington Blvd.	Port Washington	NY
Ballston Spa National Bank Wilton Office Branch	Route 9	Wilton	NY
Cathay Bank Elmhurst Branch	82-62 Broadway	New York City	NY
Preferred Bank Flushing Branch	41-60 Main Street	Flushing	NY
Kearny Bank Brooklyn Branch	689 Fifth Ave	Brooklyn	NY
Northfield Bank Bay Ridge Branch	8512 Third Avenue	Brooklyn	NY
Adirondack Bank Holland Patent Branch	9576 Main Street	Holland Patent	NY
Fulton Savings Bank Village Green Branch	State Fair And Village Blvds. South	Van Buren Township	NY
Five Star Bank Henrietta Branch	765 Calkins Road	Rochester	NY
Peoples Security Bank and Trust Company West Side Branch	275 Main St	Binghamton	NY
Sawyer Savings Bank Sawyer Savings Bank Branch	87 Market Street	Saugerties	NY
Flushing Bank 7102 3rd Avenue Branch	7102 3rd Avenue	Brooklyn	NY
Eastbank, National Association Eastbank, National Association Branch	183 Centre Street	New York	NY
TrustCo Bank Stuyvesant Plaza Branch	Western Avenue At Fuller Road	Albany	NY
Jeff Bank Jeff Bank Branch	85 Main Street	Bloomingburg	NY
Alden State Bank Lancaster Branch	5802 Broadway	Lancaster	NY
Abacus Federal Savings Bank Abacus Federal Savings Bank Branch	6 Bowery	New York	NY
Cattaraugus County Bank Fairmount Avenue Branch	870 Fairmount Avenue	Jamestown	NY
The First National Bank of Groton Moravia Branch	41 South Main Street	Moravia	NY
The Upstate National Bank Rochester Branch	150 State Street, Third Floor	Rochester	NY
NBT Bank, National Association Cortland Walmart Branch	819 Bernie Road (Route 13)	Cortland	NY
Arrow Bank National Association Ticonderoga Drive-In Branch	Wicker Street	Ticonderoga	NY
Watertown Savings Bank Alexandria Bay Branch	4 Market Street	Alexandria Bay	NY
Berkshire Bank Municipal Bank Br Branch	41 State Street	Albany	NY
Pathfinder Bank Oswego Plaza Branch	291 State Route 104 East	Oswego	NY
Pioneer Bank, National Association Malta Branch	10 Kendall Way	Malta	NY
Northwest Bank Northwest Bank Branch	Eastern Hills Mall, 4545 Transit Road	Williamsville	NY
Chemung Canal Trust Company Seneca Falls Branch	54 Fall Street	Seneca Falls	NY
Cayuga Lake National Bank Cayuga Lake National Bank Branch	3 Cayuga Street	Union Springs	NY
The First National Bank of Dryden Cortland Branch	853 Route 13	Cortland	NY
Dime Community Bank Melville Branch	859 Walt Whitman Road	Melville	NY
First Citizens Community Bank Wellsville Branch	10 South Main Street	Wellsville	NY
Citizens & Northern Bank Hornell Branch	6250 County Route 64	Hornell	NY
Wayne Bank Roxbury Branch	53898 State Highway 30	Roxbury	NY
Bank of Millbrook Amenia Branch	5094 Route 22	Amenia	NY
Orange Bank & Trust Company Chester Branch	91 Brookside Avenue	Chester	NY
Metropolitan Commercial Bank New York Branch	99 Park Avenue	New York	NY
East West Bank 77 Bowery Branch	77 Bowery	New York	NY
Hana Bank USA, National Association Fifth Avenue Branch	309 5th Avenue	New York	NY
Fieldpoint Private Bank & Trust Fieldpoint Private Bank & Trust Bran Branch	400 Park Avenue Suite 1800	New York	NY
Hanmi Bank Manhattan Branch	325 Fifth Avenue	New York	NY
Industrial and Commercial Bank of China USA, National Association Brooklyn Branch	5714 8th Avenue (At 57th Street)	Brooklyn	NY
Five Star Bank Henrietta Branch	765 Calkins Road	Rochester	NY
Bank of America, National Association Goldens Bridge Branch	Route 22	Goldens Bridge	NY
Evans Bank, National Association Lancaster Branch	4979 Transit Road	Depew	NY
Santander Bank, N.A. Garden City Branch	998 Franklin Avenue	Garden City	NY
Adirondack Bank Holland Patent Branch	9576 Main Street	Holland Patent	NY
Community Bank, National Association Hamilton Branch	35 Broad Street	Hamilton	NY
Pathfinder Bank Oswego Plaza Branch	291 State Route 104 East	Oswego	NY
The First National Bank of Dryden Cortland Branch	853 Route 13	Cortland	NY
Tioga State Bank National Association Owego Fifth Avenue Branch	923 State Route 17c	Owego	NY
Chemung Canal Trust Company Seneca Falls Branch	54 Fall Street	Seneca Falls	NY
Orange Bank & Trust Company Chester Branch	91 Brookside Avenue	Chester	NY
PNC Bank, National Association 11 Penn Plaza Branch	Seventh Avenue And West 31st Street	New York	NY
Tompkins Community Bank Cornell Campus Store Branch	Central Avenue	Ithaca	NY
JPMorgan Chase Bank, National Association U Of R River Campus Branch	500 Joseph C Wilson Boulevard	Rochester	NY
Community Bank, National Association Hamilton Branch	35 Broad Street	Hamilton	NY
Chemung Canal Trust Company Seneca Falls Branch	54 Fall Street	Seneca Falls	NY
Tioga State Bank National Association Owego Fifth Avenue Branch	923 State Route 17c	Owego	NY
Webster Bank, National Association Yonkers Branch	760 Mclean Ave	Yonkers	NY
Wells Fargo Bank, National Association Park & 40th Branch	99 Park Avenue	New York	NY
HSBC Bank USA, National Association Carle Place Branch	One Old Country Road	Carle Place	NY
PNC Bank, National Association 11 Penn Plaza Branch	Seventh Avenue And West 31st Street	New York	NY
KeyBank National Association Keybank National Association Branch	155 Wolf Road	Albany	NY
Manufacturers and Traders Trust Company Bayport Branch	903 Montauk Highway	Bayport	NY
City National Bank 400 Park Branch	400 Park Avenue	New York	NY
Northwest Bank Northwest Bank Branch	Eastern Hills Mall, 4545 Transit Road	Williamsville	NY
Northfield Bank Bay Ridge Branch	8512 Third Avenue	Brooklyn	NY
Adirondack Bank Holland Patent Branch	9576 Main Street	Holland Patent	NY
Tompkins Community Bank Cornell Campus Store Branch	Central Avenue	Ithaca	NY
Webster Bank, National Association Yonkers Branch	760 Mclean Ave	Yonkers	NY
Alpine Capital Bank Alpine Capital Bank Branch	680 Fifth Avenue, 7th Floor	New York	NY

BestCashCow strives to maintain the most accurate rates. If you believe a rate is not accurate, please let us know.

NEW-YORK SAVINGS ACCOUNT ENVIRONMENT

Historically, banks in New York have been known to offer relatively competitive savings rates compared to other states due to the competitive nature of the financial sector in New York City. The presence of numerous large national and international banks headquartered in New York can lead to increased competition and potentially higher savings rates. However, this may not always be the case, as savings rates can be influenced by various economic factors, market conditions, and individual bank policies.

FREQUENTLY ASKED QUESTIONS ABOUT LOCAL SAVINGS RATES

Why do savings rates vary so much?

Even though rates are at levels that are historically very low, there is competition for your money. Like any active marketplace, there are buyers and sellers of goods and services at different prices. Banks have different cost structures and they also have different needs for capital. This leads to different rates.

BestCashCow’s surveys show that online banks offer higher savings and CD rates because they have lower expenses from not having to maintain brick-and-mortar locations. Therefore, we strongly recommend that all depositors consider the rates at online banks as savings and money market accounts online can easy be set up to enable quick transfers to your favorite local bank.

What is the difference between a savings account and a money market account?

The differences between a savings account and a money market account are largely arcane. Some money market accounts offer more ways access deposits by issuing checks and debit cards, but prudent consumers will compare the two interchangeably, focusing primarily on rates and service among FDIC-insured banks (or NCUA-insured, for credit unions). Most savvy consumers who plan their expenses and financial needs ahead find the additional functionality offered by money markets to be of little value and will choose whichever account (savings or money market) has the higher rate.

What does annual percentage yield (APY) mean?

Savings rates are displayed in terms of APY to indicate the effective annual-interest return, including the compounding of interest, of the course of a single year. $100,000 deposited in a savings or CD account with a 1.20% APY will earn $1,200 in the course of the year, but monthly interest in the first few months may be less than $100 a month (this also depends on the number of days in the month). Hence, the APY rate is ordinarily a couple of basis points above the real interest rates. Unlike with a Certificate of Deposit, your actual APY in a savings may vary if the rate changes.

How do I choose the right savings account and should I consider CDs?

Begin your search with the table here on BestCashCow.com that you have found. In addition to checking online savings rates, you should also check local bank rates and local credit union rates. If you are unlikely to require access to your cash for some time, you may also consider certificates of deposit (CDs). While CDs have penalties for early withdrawal that may even eat into your principal, the rates on 2, 3, 4 and 5 year CDs are ordinarily significantly higher than savings rates. Several other sections and articles on BestCashCow can also help you to identify your proper cash allocation between savings and CDs. Access these below. You should also familiarize yourself with our Savings & CD Calculator in order to understand the importance of compounding interest at higher rates on your savings over time.

8 POINT CHECKLIST FOR A GREAT BANKING RELATIONSHIP WITH YOUR LOCAL BANK

Find a bank with a location convenient to you. Location counts.
Choose a bank with good rates. Rates are important to get continued growth of your capital.
Choose a bank with an extensive network of fee-free ATM machines or which reimburses out-of-network ATM fees, if you still need to regularly access cash.
Avoid fees. Choose a bank which doesn’t have service fees provided you maintain a certain balance, which doesn’t charge for ACH inbound and outbound transfers, and which has low fees for things like international wire transfers and bounced checks.
Choose a healthy bank. If you click on a bank above, you’ll be taken to the bank’s financial detail. A healthy bank has happy employees and provides loyal service to its customers. No matter how healthy your bank is, stay within FDIC insurance limits.
Find something of value to offset what may be slightly lower rates than online accounts offer. Develop personal relationship with your bankers. Personal relationships can help you to get appropriate financial advice, and to navigate financial challenges and needs in the future. (Be careful with the financial advice you receive. Inappropriate financial advice is worth a lot less than no financial advice.) They can also put you in touch with others in your community who could be valuable personally and professionally to know. If you don't use your local savings account as an opportunity to build these relationships, you may find that you are better of banking online.
Choose a bank that is going to let you access your cash when you need. The great benefit of savings accounts over any other financial product (including CDs) is that you have absolute liquidity. If your bank in creating impediments to accessing your cash (paperwork, fees, etc.), then you need another bank.
Be aware that you can have more than one account. Having a great local savings account at a large or small bank near you can be great, but it doesn't need to stop you from opening one or more online savings accounts, or even developing a relationship with another local bank or credit union.