Saratoga Springs, New York Money Market Rates - October 2026
Brian McKay
Brian McKay
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Saratoga Springs, New York money market account rates range from 0.02% to 4.00% APY, verified by MonitorBankRates as of October 13, 2026. Current Saratoga Springs, New York and the surrounding area money market deposit account rates include Citizens BankCitizens Bank1 Ballston Ave, Saratoga Springs, NY 12866A+5.0 ★Texas Ratio: 5.44%Real return: +0.70%APY minus 2.8% CPI (February 2026) Citizens Private Client Money Market at 3.50% APY, Sunmark Credit UnionSunmark Credit Union3090 Route 50, Saratoga Springs, NY 12866A5.0 ★Texas Ratio: 10.47%Real return: +0.45%APY minus 2.8% CPI (February 2026) Money Market Accounts at 3.25% APY, Broadview Federal Credit UnionBroadview Federal Credit Union815 N Broadway, Saratoga Springs, NY 12866 1632A5.0 ★Texas Ratio: 6.36%Real return: +0.25%APY minus 2.8% CPI (February 2026) Money Market at 3.05% APY, NBT BankNBT Bank295 Broadway, Saratoga Springs, NY 12866A+5.0 ★Texas Ratio: 3.43%Real return: -0.02%APY minus 2.8% CPI (February 2026) Accelerate Money Market at 2.78% APY, and FNB of ScotiaFNB of Scotia3013 Route 50, Saratoga Springs, NY 12866A5.0 ★Texas Ratio: 11.34%Real return: -0.49%APY minus 2.8% CPI (February 2026) Tiered Money Market Accounts at 2.31% APY. Money market rates as of October 13, 2026 according to verified data from MonitorBankRates.
Saratoga Springs has 11 local institutions in our database, with money market rates as high as 3.50% APY from Citizens Bank at 1 Ballston Ave, Saratoga Springs, NY 12866. Use the table below to compare all available offers, including options from institutions serving the broader New York area. Rates are continually updated, so we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in Saratoga Springs, New York and surrounding area. Last Updated and Verified: October 13, 2026
Compare the Best Money Market Rates Today in Saratoga Springs, New York & the Surrounding Area
Preferred rates; New money is required to qualify for preferred rates.
Preferred rates; New money required to qualify for preferred rates.
Balance: $200,000 and over
Balance: $200,000 and over
Balance: $1,000,000 and Over
Balance: $150,000 - $199,999.99
Balance: $150,000 - $199,999.99
Balance: Tier 5 - Average daily balance $500,000 +
Balance: $100,000 and over
Balance: $100,000 - $149,999.99
Balance: $100,000 - $149,999.99
Balance: $500,000 - $999,999.99
Balance: $50,000 - $99,999.99
Balance: $50,000 - $99,999.99
Balance: $250,000 - $499,999.99
Balance: $1,500,000 and over
Balance: Tier 4 - Average daily balance $250,000 < $500,000
Balance: $100,000 to $249,999.99
Balance: $1,000,000 and over
Balance: $500,000 - $999,999
Balance: $50,000 to $99,999.99
Balance: $500,000 to $1,499,999
Balance: Tier 3 - Average daily balance $100,000 < $250,000
Balance: $250,000 - $499,999
Balance: $100,000 - $249,999
$10,000,000 and above; Balance: $10,000,000 and above
$2,000,000; Balance: $2,000,000 to $4,999,999.99
$5,000,000; Balance: $5,000,000 to $9,999,999.99
Balance: $50,000 and over
Balance: $25,000.00 - $99,999.99
Balance: $25,000 to $49,999.99
Balance: Tier 2 - Average daily balance $50,000 < $100,000
Balance: $100,000 and above
Balance: $100,000 to $499,999
Balance: $25,000 - $49,999
Balance: $10,000 - $24,999
$500,000; Balance: $500,000 to $1,999,999.99
$100,000; Balance: $100,000 to $499,999.99
$10,000,000 and above; Balance: $10,000,000 and above
$2,000,000; Balance: $2,000,000 to $4,999,999.99
$5,000,000; Balance: $5,000,000 to $9,999,999.99
Balance: Tier 1 - Average daily balance $25,000 < $50,000
Balance: $500,000+
Balance: $200,000+; Available to individuals only.
Balance: $2,500 - $9,999
Balance: $40,000 - $99,999
Balance: $10,000 to $24,999.99
Balance: $2,500 to $99,999
Balance: $25,000.00 to $249,999.99; Dividends earned on average daily balances of $50.00 to $250,000. Maximum balances $250,000.
Balance: $25,000 - $39,999
Balance: $2,500 to $9,999.99
Balance: $200,000 - $499,999.99
Balance: $100,000 - $199,999.99; Available to individuals only.
Balance: $500.00- $24,999.99
Balance: $10,000 - $24,999
$500,000; Balance: $500,000 to $1,999,999.99
Balance: $10,000.00 to $24,999.99; Dividends earned on average daily balances of $50.00 to $250,000. Maximum balances $250,000.
$100,000; Balance: $100,000 to $499,999.99
Balance: $150,000+; No minimum to open; $75,000 minimum balance must be maintained to earn dividends
Balance: $15,000 - $199,999.99
Balance: $50,000 - $99,999.99; Available to individuals only.
Balance: $0 - $99,999
Balance: $75,000 - $149,999.99; No minimum to open; $75,000 minimum balance must be maintained to earn dividends
Balance: $2,500.00 to $9,999.99; Dividends earned on average daily balances of $50.00 to $250,000. Maximum balances $250,000.
Balance: $50,000+; No minimum to open; $2,500 minimum balance must be maintained to earn dividends
Balance: $500 - $9,999
A minimum balance fee of $20.00 will be imposed every month if the balance in the account falls below $15,000 on any day of the month.
Available to individuals only. A minimum balance fee of $15.00 will be imposed every month if the balance in the account falls below $15,000 any day of the month.
Balance: $25,000 - $49,999.99; No minimum to open; $2,500 minimum balance must be maintained to earn dividends
Balance: >$1,000,000
$25,000 and above; Balance: $25,000 and above
$50,000; Balance: $50,000 to $99,999.99
Balance: $10,000 -$24,999.99; No minimum to open; $2,500 minimum balance must be maintained to earn dividends
Balance: $0.01 to $2,499.99
Balance: $50.00 to $2,499.99; Dividends earned on average daily balances of $50.00 to $250,000. Maximum balances $250,000.
$15,000; Balance: $15,000 to $49,999.99
Balance: $500,000 - $999,999
Balance: $100,000 - $499,999
$1,000 - $24,999; Balance: $1,000 - $24,999
MMDA rate reverts to NOW rate when average balance falls below minimum.
$0; Balance: $0 to $14,999.99
Balance: $2,500.00 to $9,999.99; Dividend on average daily balances of $2,500.00 or more
3 free withdrawals per month, $5 fee for each withdrawal after 3
Standard rates; New money required to qualify for preferred rates.
Balance: $25,000 - $99,999
$25,000 and above; Balance: $25,000 and above
Balance: $0 - $2,499
$1,000 - $24,999; Balance: $1,000 - $24,999
Balance: $5,000.00 - $50,000.00; Dividends compound monthly; limited to one per member; new money only
Balance: $250,000-$1,000,000
- Sep 24, 20263.80%▲ from 3.40%
- Sep 19, 20263.40%first recorded
- Sep 24, 20263.75%▲ from 3.35%
- Sep 8, 20263.35%first recorded
Qualifications Required: Minimum balance of $50,000 in Business Money Market Account; Open, funded business checking account; Balances below $20,000 will earn 0.75% APY. If your MMA balance falls below $50,000, you will earn 3.25% APY* for the period your balance remains under the minimum.
Balance: $100,000 & above; New money only; Minimum opening new money deposit is $100,000
- Oct 9, 20263.75%▲ from 1.51%
- Oct 5, 20261.51%first recorded
Balance: $1,000,001-$1,500,000
- Sep 24, 20263.70%▲ from 3.30%
- Sep 8, 20263.30%first recorded
Balance: $100,000 - $249,999.99
Balance: $1,500,001
- Sep 24, 20263.60%▲ from 3.20%
- Sep 8, 20263.20%first recorded
Minimum Average Daily Balance to Earn APY: $500 to $999,999.99
- Oct 3, 20263.60%▲ from 3.35%
- Sep 14, 20263.35%first recorded
Balance: $500+
Balance: Over $1,000,000
- Oct 2, 20263.55%▲ from 3.40%
- Sep 18, 20263.40%first recorded
Balance: Over $1,000,000
- Oct 2, 20263.55%▲ from 3.40%
- Sep 18, 20263.40%first recorded
Month: OCT; Unrestricted Savings Account; Interest Compounded Monthly; For amounts below $1,500.00 rate is equal to share rate
- Oct 5, 20263.51%▲ from 3.30%
- Sep 25, 20263.30%first recorded
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.
Saratoga Springs, NY Money Market Rate Trends
Compare local Saratoga Springs, 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.
New York high-yield MMA rates rose 0.003 points over the past 7 days to 3.091% APY.
New York standard MMA rates fell 0.007 points over the past 7 days to 0.517% APY.
Saratoga Springs, New York Money Market Rate Forecast, Next 12 Months
Money market rates move with Federal Reserve policy. Our model uses the current NY high-yield MMA average and a Fed funds spread to project the likely rate trajectory for 2026 to 2027.
Money market account rates are variable and move in close correlation with the Federal Reserve’s federal funds rate target. Our 12-month forecast is derived from the current NY high-yield money market average of 3.091% APY and a Fed funds spread model calibrated to the historical relationship between policy rate changes and deposit rate adjustments at banks and credit unions.
Key assumptions: the Federal Reserve holds the federal funds rate at its current level over the next 12 months, with the possibility of one 25 basis point increase; deposit rates at banks and credit unions track policy-rate changes within 60 to 90 days. High-yield money market rates tend to adjust faster than standard branch-based accounts.
Important notice: This forecast is for informational purposes only and should not be used as the sole basis for financial decisions. Rate forecasts carry significant uncertainty. The actual trajectory will depend on Federal Reserve decisions, economic conditions, and competitive dynamics among financial institutions in Saratoga Springs, New York.
Money Market Account Earnings in Saratoga Springs, New York
Annual interest earnings at current NY average APYs, based on the high-yield and standard money market averages tracked in our database. Balances reflect the higher minimums typical of money market accounts. Compounding assumed monthly.
| Balance | HY Money Market (3.091% APY) | Monthly Earnings | Standard MMA (0.517% APY) | Monthly Earnings |
|---|---|---|---|---|
| $10,000 | $309.10 / year | $25.76 | $51.73 / year | $4.31 |
| $25,000 | $772.75 / year | $64.40 | $129.33 / year | $10.78 |
| $50,000 | $1,545.50 / year | $128.79 | $258.65 / year | $21.55 |
| $100,000 | $3,091.00 / year | $257.58 | $517.30 / year | $43.11 |
| Earnings estimates use daily compounding. Actual earnings depend on exact rate, compounding frequency, rate tier, and daily balance maintained. Rates are variable and subject to change. Source: Saratoga Springs, New York money market rate averages as of October 14, 2026. | ||||
About Our Saratoga Springs, New York Money Market Rate Database
MonitorBankRates found 11 institutions with branches in Saratoga Springs (6 banks, 5 credit unions), plus 35 additional state-chartered and national online institutions available to Saratoga Springs residents. Our proprietary aggregation system pulls verified rate data directly from each institution’s official website, no estimates, no national averages passed off as real offers.
Every rate listed includes the institution’s Safety Grade (A+ to F), Star Rating (1 to 5), and Texas Ratio, objective financial health metrics calculated from FDIC and NCUA regulatory data, so you can compare yield and institutional safety in one place.
Current top rate: Citizens Bank offers a money market account at 3.50% APY with a minimum deposit of $25,000. Use the rate table above to compare all current offers in Saratoga Springs, New York.
How to Find the Best Money Market Rates in Saratoga Springs, New York
What to compare when shopping for a money market account in Saratoga Springs, New York
To find the best money market APYs in Saratoga Springs, New York, start with credit unions and online-only banks: Saratoga Springs, New York has 16 credit unions in our database, and they consistently offer some of the highest yields because they are member-owned nonprofits with lower overhead than traditional banks.
Always compare the APY (Annual Percentage Yield), not just the interest rate, and pay close attention to balance tiers. Many money market accounts only pay their advertised top rate above a minimum balance of $1,000 to $25,000, with lower rates (or monthly fees) below that threshold. The current NY high-yield money market average is 3.091% but top local institutions are offering as high as 3.50%, so shopping around pays off.
Unlike a CD, money market rates are variable. Your rate can change at any time with Federal Reserve policy. Also check check-writing and debit card limits: most MMAs allow a set number of withdrawals per month, and exceeding the limit can trigger fees. Review your account periodically to ensure your APY remains competitive.
When a Money Market Account Makes Sense
- Emergency fund with flexibility: You get savings-level yields plus limited check-writing and debit access. Saratoga Springs, New York high-yield money market rates currently average 3.091% APY, far above a typical checking account.
- Larger balances ($10,000+): Many MMAs pay tiered rates that rise with your balance, so bigger deposits often earn more than they would in a standard savings account.
- Parking cash between investments: A high-yield money market account at Saratoga Springs, New York institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 46 institutions in Saratoga Springs, New York report money market rates to our database.
- You’re among Saratoga Springs, New York’s 21.6% of residents aged 65+ for whom liquid, accessible savings complement fixed-income holdings.
- No rate lock-in risk: Unlike a CD, your rate moves up with the market if rates rise further.
Consider an Alternative If…
- You want a locked-in, guaranteed return Saratoga Springs, New York CD rates
- You don’t need check writing and want a lower minimum Saratoga Springs, New York savings rates
- You need daily transaction access Saratoga Springs, New York checking rates
Saratoga Springs, New York Financial Snapshot
Local demographics and economic context for savers . Source: U.S. Census Bureau
21.6% of residents are 65 or older, above the national average of 17.3%, making liquid, accessible money market accounts a particularly relevant option in this market; a low unemployment rate of 2.4% reflects a strong local economy with solid savings capacity. At today’s NY high-yield money market average of 3.091%, saving 10% of the local median salary ($5,321/year) would earn an additional $164 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Money Market Accounts vs. Other Saratoga Springs, New York Options
How money market deposit accounts compare to other deposit products available at banks and credit unions in Saratoga Springs, New York.
| Feature | Money Market | High-Yield Savings | Standard Savings | CD (12-Month) |
|---|---|---|---|---|
| Current NY Avg APY | 3.091% | View Savings Rates | 0.517%(Standard MMA) | View CD Rates |
| Rate Type | Variable | Variable | Variable | Fixed for term |
| FDIC / NCUA Insured | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K |
| Withdraw Anytime | ✓ Yes | ✓ Yes | ✓ Yes | ✗ Penalty applies |
| Check Writing | ✓ Often yes | ✗ No | ✗ No | ✗ No |
| Debit / ATM Card | ✓ Often yes | Some institutions | ✗ Rarely | ✗ No |
| Typical Min Deposit | $0 to $2,500 | $0 to $100 | $25 to $100 | $500 to $1,000 |
| Rate Risk | Variable, moves with Fed policy | Variable, moves with Fed policy | Variable, moves with Fed policy | None, locked for term |
| Best For | Active savers wanting flexibility + check writing | Emergency fund, short-term goals, parking cash | Everyday saving, low-balance accounts | Locking in a rate for a defined period |
APY data reflects Saratoga Springs, New York averages tracked in our database as of October 14, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Saratoga Springs, New York Money Market Account Calculator
See how much a money market account can earn you. Enter your deposit, monthly contribution, and time frame, or click any current Saratoga Springs, New York rate on the right to apply it instantly. Interest compounds monthly.
Assumes monthly compounding and a constant APY for the full period. Money market rates are variable and can change at any time, so actual earnings will differ. Estimates are for informational purposes only.
Money Market & Savings Calculators for Saratoga Springs, New York
At NY’s top money market rate of 3.50% from Citizens Bank, a $10,000 deposit earns $350 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Saratoga Springs, New York earner is roughly $13,300. At 3.091% APY in a money market account, saving $1,110/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. Liquid Deposit AccountNew York’s high-yield money market average is 3.091% APY, variable, always accessible, and often with check-writing. A local CD may offer a higher fixed yield in exchange for locking in your deposit. Compare both side-by-side to find the better fit for your timeline.
Budget CalculatorBefore you can grow your savings, you need to know how much you can set aside each month. The median Saratoga Springs, New York earner makes $53,218/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 3.091% APY.
Retirement PlannerA $25,000 money market balance earning 3.091% APY grows to roughly $45,957 over 20 years with compounding. See how your current savings trajectory lines up with your retirement income needs.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Saratoga Springs, New York money market rate tables are free for consumers to use, and we do not receive payment from any financial institution to be included or to be ranked in any particular order. Listings are based solely on the rates each institution publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Money Market Rate Data: We aggregate money market deposit account rates for Saratoga Springs, 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 Saratoga Springs, 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 Saratoga Springs, New York
What is a Money Market Account (MMA)?
Are Money Market accounts in Saratoga Springs, New York safe?
How often do MMA rates change in Saratoga Springs, New York?
Can I write checks from a Money Market Account?
How much do I need to deposit to open a money market account in Saratoga Springs, New York?
Can I lose money in a Money Market Account?
What is the difference between a Money Market Account and a Money Market Fund?
Do I have to pay taxes on money market account interest?
Are online banks better than local banks in Saratoga Springs, New York for money market accounts?
Best Money Market Rates in Saratoga Springs, New York
- Citizens Bank
Citizens Private Client Money Market: 3.50% APY - Sunmark Credit Union
Money Market Accounts: 3.25% APY - Broadview Federal Credit Union
Money Market: 3.05% APY - NBT Bank
Accelerate Money Market: 2.78% APY - FNB of Scotia
Tiered Money Market Accounts: 2.31% APY
Saratoga Springs, New York Rates & Resources
