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Best Money Market Rates in Herkimer, New York (NY) - May 2026

Content reviewed by
Brian McKay Brian McKay
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Brian McKay

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Editorial Disclosure The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
| ✓Fact Checked | Last Updated: May 12, 2026

Current Herkimer, New York and the surrounding area money market deposit account rates include Citizens BankCitizens Bank324 N Prospect St, Herkimer, NY 13350A5.0 ★Texas Ratio: 8.28% Citizens Private Client® Money Market at 3.75% APY, AmeriCU Credit UnionAmeriCU Credit Union326 E State St, Herkimer, NY 13350A-4.9 ★Texas Ratio: 16.15% High Rate Money Market at 3.00% APY, First Source Federal Credit UnionFirst Source Federal Credit Union510 W State St, Herkimer, NY 13350 2240A5.0 ★Texas Ratio: 8.13% Money Market at 1.80% APY, Adirondack BankAdirondack Bank214 N Washington St, Herkimer, NY 13350A5.0 ★Texas Ratio: 10.45% Money Market IRA at 0.10% APY, and Carver Federal Savings BankCarver Federal Savings BankC3.9 ★Texas Ratio: 28.07% Money Market Accounts & High Yield Savings at 4.25% APY. Money market rates as of May 12, 2026 according to verified data from MonitorBankRates.

Herkimer has 4 local institutions in our database, with money market rates as high as 3.75% APY from Citizens Bank at 324 N Prospect St, Herkimer, NY 13350. Use the table below to compare all available offers, including options from institutions serving the broader New York area. Rates are continually updated — we recommend checking back frequently.

Rates reflect recent market quotes and representative offers available to depositors in Herkimer, New York and surrounding area. Last Updated and Verified: May 12, 2026

Compare the Best Money Market Rates Today in Herkimer, New York & the Surrounding Area

Source: Verified Money Market Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Citizens Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
324 N Prospect St, Herkimer, NY 13350
Citizens Private Client® Money Market
3.75%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Qualifying balance up to $25,000.00

Citizens Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
324 N Prospect St, Herkimer, NY 13350
Citizens Quest® Money Market
3.75%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Qualifying balance up to $25,000.00

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
Money Markets
3.00%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

As high as as

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
High Rate Money Market
3.00%
$0
View
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
High Rate Money Market
2.75%
$0
View
▼
Rate2.72%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
High Rate Money Market
2.50%
$0
View
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
Health Savings Account (HSA) Money Market
2.23%
$0
View
▼
Rate2.25%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
High Rate Money Market
2.00%
$0
View
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
Health Savings Account (HSA) Money Market
1.98%
$0
View
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

First Source Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.13%
510 W State St, Herkimer, NY 13350 2240
Money Market
1.80%
$0
View
▼
Rate1.79%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
Health Savings Account (HSA) Money Market
1.74%
$0
View
▼
Rate1.75%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

First Source Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.13%
510 W State St, Herkimer, NY 13350 2240
Money Market
1.50%
$0
View
▼
Rate1.49%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
High Rate Money Market
1.50%
$0
View
▼
Rate1.49%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
Health Savings Account (HSA) Money Market
1.49%
$0
View
▼
Rate1.50%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

First Source Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.13%
510 W State St, Herkimer, NY 13350 2240
Money Market
1.40%
$0
View
▼
Rate1.39%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

First Source Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.13%
510 W State St, Herkimer, NY 13350 2240
Money Market
1.30%
$0
View
▼
Rate1.29%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
High Rate Money Market
1.25%
$0
View
▼
Rate1.24%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
Health Savings Account (HSA) Money Market
1.24%
$0
View
▼
Rate1.25%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
Health Savings Account (HSA) Money Market
1.00%
$0
View
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
Money Market Savings
1.00%
$0
View
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
High Rate Money Market
1.00%
$0
View
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

First Source Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.13%
510 W State St, Herkimer, NY 13350 2240
Money Market
1.00%
$0
View
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

First Source Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.13%
510 W State St, Herkimer, NY 13350 2240
Money Market
0.90%
$0
View
▼
Rate0.90%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
High Rate Money Market
0.90%
$0
View
▼
Rate0.90%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
Money Market Savings
0.90%
$0
View
▼
Rate0.90%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
High Rate Money Market
0.80%
$0
View
▼
Rate0.80%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
Money Market Savings
0.80%
$0
View
▼
Rate0.80%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
High Rate Money Market
0.60%
$0
View
▼
Rate0.60%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
Money Market Savings
0.60%
$0
View
▼
Rate0.60%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
High Rate Money Market
0.50%
$0
View
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
Money Market Savings
0.50%
$0
View
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
High Rate Money Market
0.40%
$0
View
▼
Rate0.40%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
Money Market Savings
0.40%
$0
View
▼
Rate0.40%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
Money Market Savings
0.25%
$0
View
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
High Rate Money Market
0.25%
$0
View
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Citizens Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
324 N Prospect St, Herkimer, NY 13350
Citizens Private Client® Money Market
0.15%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Adirondack Bank
Institution Rating:
A5.0 ★ Texas Ratio: 10.45%
214 N Washington St, Herkimer, NY 13350
Money Market IRA
0.10%
$25
View
▼
Rate0.10%
Min Deposit$25
Min Balance—
UpdatedMay 4, 2026
Details

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
Money Market Savings
0.03%
$0
View
▼
Rate0.03%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Citizens Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
324 N Prospect St, Herkimer, NY 13350
Citizens Quest® Money Market
0.03%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Citizens Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
324 N Prospect St, Herkimer, NY 13350
Personal Money Market
0.01%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

AmeriCU Credit Union
Institution Rating:
A-4.9 ★ Texas Ratio: 16.15%
326 E State St, Herkimer, NY 13350
Money Market Savings
0.01%
$0
View
▼
Rate0.01%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Carver Federal Savings Bank
Institution Rating:
C3.9 ★ Texas Ratio: 28.07%
Money Market Accounts & High Yield Savings
4.25%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

UFirst Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.10%
High Yield Money Market Account
4.00%
$0
View
▼
Rate4.00%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

UFirst Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.10%
High-Yield Money Market
4.00%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

Ridgewood Savings Bank
Institution Rating:
A5.0 ★ Texas Ratio: 7.75%
Smart Move Money Market
3.75%
$10,000
View
▼
Rate3.63%
Min Deposit$10,000
Min Balance—
UpdatedMay 4, 2026
Details

The Upstate National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
Money Market Deposit Account
3.70%
$0
View
▼
Rate3.64%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

Visions Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.43%
Money Market
3.60%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

For six months when you become a new member and open a Flex Money Market or Business Money Market account!

Apple Bank for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 1.54%
Apple Choice Money Market Account Preferred Rate
3.55%
$0
View
▼
Rate3.48%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

Apple Choice Banking Program

Apple Bank for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 1.54%
Treasury Bill Indexed Money Market Account
3.55%
$0
View
▼
Rate3.48%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

Newtek Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.72%
Newtek Money Market
3.50%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Newtek Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.72%
Business Money Market
3.50%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

EverBank
Institution Rating:
B4.5 ★ Texas Ratio: 20.65%
Business Money Market
3.50%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Patriot Bank N.A.
Institution Rating:
F2.4 ★ Texas Ratio: 45.79%
Founders Money Market
3.50%
$0
View
▼
Rate3.39%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Piermont Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.99%
Business Money Market Account
3.50%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

Pioneer Bank Albany, NY
Institution Rating:
A5.0 ★ Texas Ratio: 6.71%
4-month Pioneer Money Market
3.50%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

Spring Bank Bronx, NY
Institution Rating:
A5.0 ★ Texas Ratio: 11.84%
Money Market
3.50%
$500
View
▼
Rate3.44%
Min Deposit$500
Min Balance—
UpdatedMay 5, 2026
Details

Minimum Average Daily Balance to Earn APY: $500 to $999,999.99

New Millennium Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.04%
SMART Money Market Account
3.50%
$100,000
View
▼
Rate—
Min Deposit$100,000
Min Balance—
UpdatedMay 5, 2026
Details

$100.000.00 Minimum to open and to earn APY required minimum daily balance $100,000.00 If average daily balance falls below $100,000.00 during the statement cycle a $20.00 minimum balance fee will apply

Newtek Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.72%
Business Money Market Account
3.50%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

No service charges or monthly fees.

Patriot Bank N.A.
Institution Rating:
F2.4 ★ Texas Ratio: 45.79%
Founders Money Market for Business
3.50%
$0
View
▼
Rate3.39%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
Money Market Special
3.50%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Together Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.65%
Money Market
3.50%
$0
View
▼
Rate3.44%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

New money only

Together Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.65%
Money Market (IRA)
3.50%
$0
View
▼
Rate3.44%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

New money only

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
Money Market Special Intro rate
3.50%
$0
View
▼
Rate3.45%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

$15,000+

International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
Premier Money Market
3.40%
$0
View
▼
Rate3.35%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Ballston Spa National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.61%
Platinum Money Market (Personal, Business, Non-profit, Trusts, Estates)
3.35%
$10,000
View
▼
Rate3.30%
Min Deposit$10,000
Min Balance—
UpdatedMay 5, 2026
Details

International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
Money Market Account
3.35%
$0
View
▼
Rate3.30%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

MOOG EMPLOYEES
Institution Rating:
A5.0 ★ Texas Ratio: 12.22%
Platinum Money Market Shares
3.30%
$0
View
▼
Rate3.30%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Minimum Balance of $10,000.00 Required to Earn Dividends; Deposit cannot exceed $500,000.00

International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
Premier Money Market
3.30%
$0
View
▼
Rate3.25%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

SJP Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 10.45%
Money Market
3.30%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
Signature Money Market
3.25%
$500
View
▼
Rate3.21%
Min Deposit$500
Min Balance—
UpdatedMay 12, 2026
Details

New Millennium Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.04%
SMART Money Market Account
3.25%
$100,000
View
▼
Rate—
Min Deposit$100,000
Min Balance—
UpdatedMay 5, 2026
Details

$100.000.00 Minimum to open and to earn APY required minimum daily balance $100,000.00 If average daily balance falls below $100,000.00 during the statement cycle a $20.00 minimum balance fee will apply

Lufthansa Employee Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.10%
Money Market Account
3.25%
$1,500
View
▼
Rate—
Min Deposit$1,500
Min Balance—
UpdatedMay 7, 2026
Details

Unrestricted Savings Account - Interest Compounded Monthly

Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
Money Market Accounts
3.25%
$500
View
▼
Rate3.21%
Min Deposit$500
Min Balance—
UpdatedMay 12, 2026
Details

International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
Premier Money Market
3.20%
$0
View
▼
Rate3.15%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
High Interest Money Market Savings
3.05%
$0
View
▼
Rate3.01%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
Business & Public Funds Premium Money Market Savings
3.05%
$0
View
▼
Rate3.01%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Armed Forces Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.63%
Premier Money Market
3.05%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Broadview Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
Money Market
3.05%
$0
View
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
Money Market Account
3.05%
$0
View
▼
Rate3.01%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Apple Bank for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 1.54%
Money Market Account
3.03%
$0
View
▼
Rate2.98%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

Apple Bank for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 1.54%
Apple Choice Money Market Account
3.03%
$0
View
▼
Rate2.98%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

Kinecta Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.14%
Signature Money Market
3.00%
$10,000
View
▼
Rate—
Min Deposit$10,000
Min Balance—
UpdatedMay 6, 2026
Details

New Millennium Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.04%
SMART Money Market Account
3.00%
$100,000
View
▼
Rate—
Min Deposit$100,000
Min Balance—
UpdatedMay 5, 2026
Details

$100.000.00 Minimum to open and to earn APY required minimum daily balance $100,000.00 If average daily balance falls below $100,000.00 during the statement cycle a $20.00 minimum balance fee will apply

Ballston Spa National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.61%
Platinum Money Market (Personal, Business, Non-profit, Trusts, Estates)
3.00%
$10,000
View
▼
Rate2.96%
Min Deposit$10,000
Min Balance—
UpdatedMay 5, 2026
Details

Patriot Bank N.A.
Institution Rating:
F2.4 ★ Texas Ratio: 45.79%
Money Market
3.00%
$0
View
▼
Rate2.92%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

New Millennium Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.04%
SMART Money Market Account
2.75%
$100,000
View
▼
Rate—
Min Deposit$100,000
Min Balance—
UpdatedMay 5, 2026
Details

$100.000.00 Minimum to open and to earn APY required minimum daily balance $100,000.00 If average daily balance falls below $100,000.00 during the statement cycle a $20.00 minimum balance fee will apply

Sawyer Savings Bank
Institution Rating:
A5.0 ★ Texas Ratio: 7.52%
Preferred Money Market
2.75%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

Rondout Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.13%
Business Bundle Money Market Special
2.75%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

International Bank of Chicago
Institution Rating:
B-4.4 ★ Texas Ratio: 22.84%
Money Market Account
2.55%
$0
View
▼
Rate2.52%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Apple Bank for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 1.54%
Treasury Bill Indexed Money Market Account
2.53%
$0
View
▼
Rate2.49%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

Apple Bank for Savings
Institution Rating:
A+5.0 ★ Texas Ratio: 1.54%
Treasury Bill Indexed Money Market
2.53%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

which is 70% of the indexed rate

OceanFirst Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.82%
FirstWave Money Market
2.50%
$500,000
View
▼
Rate2.47%
Min Deposit$500,000
Min Balance—
UpdatedMay 4, 2026
Details

New Money Only Available for Consumer & Business. To open a Business Account, visit your local branch or reach out to Commercial Lender.

Patriot Bank N.A.
Institution Rating:
F2.4 ★ Texas Ratio: 45.79%
Money Market
2.50%
$0
View
▼
Rate2.44%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

Ulster Savings Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.39%
Non-Profit Select Money Market Account Tier VI
2.50%
$2,500
View
▼
Rate2.44%
Min Deposit$2,500
Min Balance—
UpdatedMay 5, 2026
Details

Ballston Spa National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.61%
Platinum Money Market (Personal, Business, Non-profit, Trusts, Estates)
2.50%
$10,000
View
▼
Rate2.47%
Min Deposit$10,000
Min Balance—
UpdatedMay 5, 2026
Details

Sawyer Savings Bank
Institution Rating:
A5.0 ★ Texas Ratio: 7.52%
Preferred Money Market
2.50%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

New Millennium Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.04%
Money Market Account
2.50%
$1,000
View
▼
Rate—
Min Deposit$1,000
Min Balance—
UpdatedMay 5, 2026
Details

$1000.00 Minimum to open and earn APY and if daily balance falls below $1,000 at any time during the statement cycle a $20.00 minimum balance fee will apply

New Millennium Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.04%
Money Market Account
2.25%
$1,000
View
▼
Rate—
Min Deposit$1,000
Min Balance—
UpdatedMay 5, 2026
Details

$1000.00 Minimum to open and earn APY and if daily balance falls below $1,000 at any time during the statement cycle a $20.00 minimum balance fee will apply

OceanFirst Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.82%
FirstWave Money Market
2.25%
$250,000
View
▼
Rate2.23%
Min Deposit$250,000
Min Balance—
UpdatedMay 4, 2026
Details

New Money Only Available for Consumer & Business. To open a Business Account, visit your local branch or reach out to Commercial Lender.

Sawyer Savings Bank
Institution Rating:
A5.0 ★ Texas Ratio: 7.52%
Preferred Money Market
2.25%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. Rates reflect recent market quotes and representative offers available to depositors in Herkimer, New York and the surrounding area.

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.

Herkimer, NY Money Market Rate Trends

Compare local Herkimer, NY money market quotes against the statewide average

Daily money market rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.

View Full New York MMA Trends →
High-Yield MMA — NY Avg
3.343%
Unchanged vs 7 days ago

New York high-yield MMA rates currently average 3.343% APY.

Standard MMA — NY Avg
0.595%
Unchanged vs 7 days ago

New York standard MMA rates currently average 0.595% APY.

As of May 14, 2026 • Rate data sourced from 8,500+ monitored institutions Powered by MonitorBankRates

Methodology & Data Sources

Direct-Sourced & Verified Money Market Rate Data: We aggregate money market deposit account rates for Herkimer, New York directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every money market 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 Herkimer, New York. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in NY.

Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update money market rates daily. Because MMA yields can fluctuate rapidly based on market conditions, every product listed features its own specific “last updated” date, giving you complete transparency.

Frequently Asked Questions about Money Market Accounts in Herkimer, New York

What is a Money Market Account (MMA)?

A Money Market Account (MMA), formally known as a money market deposit account (MMDA), is a type of deposit account that often pays higher interest rates than standard savings accounts. They usually come with check-writing privileges and debit card access, offering a balance of growth and liquidity for savers in New York.

Are Money Market accounts in Herkimer, New York safe?

Yes, as long as the institution is FDIC insured (for banks) or NCUA insured (for credit unions). This provides federal protection for your deposits in New York up to $250,000 per depositor, per institution.

How often do MMA rates change in Herkimer, New York?

Money market rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local New York rate tables daily to ensure you see the most current high-yield options.

Can I write checks from a Money Market Account?

Yes, most Money Market Accounts allow you to write a limited number of checks or make debit card transactions each month (typically up to 6), making them more flexible than a standard savings account.

How much do I need to deposit to open a money market account in Herkimer, New York?

Minimum deposit requirements vary widely. Some online money market deposit accounts can be opened with no minimum, while many banks and credit unions in Herkimer, New York require an initial deposit of $1,000 to $2,500 to earn the highest advertised APY. Larger deposits often unlock higher rate tiers, and FDIC or NCUA insurance protects deposits up to $250,000 per depositor, per institution.

Best Money Market Rates in Herkimer, New York

Here are some of the highest money market account APYs currently available in Herkimer, New York and the surrounding area:
  • Citizens Bank
    Citizens Private Client® Money Market — 3.75% APY
  • AmeriCU Credit Union
    High Rate Money Market — 3.00% APY
  • First Source Federal Credit Union
    Money Market — 1.80% APY
  • Adirondack Bank
    Money Market IRA — 0.10% APY
  • Carver Federal Savings Bank
    Money Market Accounts & High Yield Savings — 4.25% APY
Money Market Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Herkimer, New York. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: May 12, 2026

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