Best Money Market Rates in Schenectady, New York (NY) - May 2026
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Brian McKay
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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.
Current Schenectady, New York and the surrounding area money market deposit account rates include Citizens BankCitizens Bank1725 Altamont Ave, Schenectady, NY 12303A5.0 ★Texas Ratio: 8.28% Citizens Private Client® Money Market at 3.75% APY, Pioneer Bank Albany, NYPioneer Bank Albany, NY1828 Altamont Ave, Schenectady, NY 12303A5.0 ★Texas Ratio: 6.71% 4-month Pioneer Money Market at 3.50% APY, Sunmark Credit UnionSunmark Credit Union1616 Broadway, Schenectady, NY 12306A5.0 ★Texas Ratio: 11.71% Money Market Accounts at 3.25% APY, Broadview Federal Credit UnionBroadview Federal Credit Union3200 Balltown Rd, Schenectady, NY 12304A+5.0 ★Texas Ratio: 0.00% Money Market at 3.05% APY, and FNB of ScotiaFNB of Scotia120 Erie Blvd, Schenectady, NY 12305A5.0 ★Texas Ratio: 8.63% Tiered Money Market Accounts at 2.01% APY. Money market rates as of May 12, 2026 according to verified data from MonitorBankRates.
Schenectady has 8 local institutions in our database, with money market rates as high as 3.75% APY from Citizens Bank at 1725 Altamont Ave, Schenectady, NY 12303. 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 Schenectady, New York and surrounding area. Last Updated and Verified: May 12, 2026
Compare the Best Money Market Rates Today in Schenectady, 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%
1725 Altamont Ave, Schenectady, NY 12303
Citizens Private Client® Money Market
3.75%
$0
▼
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%
1725 Altamont Ave, Schenectady, NY 12303
Citizens Quest® Money Market
3.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Qualifying balance up to $25,000.00
Pioneer Bank Albany, NY
Institution Rating:
A5.0 ★ Texas Ratio: 6.71%
1828 Altamont Ave, Schenectady, NY 12303
4-month Pioneer Money Market
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
1616 Broadway, Schenectady, NY 12306
Signature Money Market
3.25%
$500
▼
Rate3.21%
Min Deposit$500
Min Balance—
UpdatedMay 12, 2026
Details
Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
1616 Broadway, Schenectady, NY 12306
Money Market Accounts
3.25%
$500
▼
Rate3.21%
Min Deposit$500
Min Balance—
UpdatedMay 12, 2026
Details
Broadview Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
3200 Balltown Rd, Schenectady, NY 12304
Money Market
3.05%
$0
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
1616 Broadway, Schenectady, NY 12306
Signature Money Market
3.00%
$500
▼
Rate2.96%
Min Deposit$500
Min Balance—
UpdatedMay 12, 2026
Details
Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
1616 Broadway, Schenectady, NY 12306
Money Market Accounts
3.00%
$500
▼
Rate2.96%
Min Deposit$500
Min Balance—
UpdatedMay 12, 2026
Details
Broadview Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
3200 Balltown Rd, Schenectady, NY 12304
Money Market
2.75%
$0
▼
Rate2.71%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
1616 Broadway, Schenectady, NY 12306
Money Market Accounts
2.75%
$500
▼
Rate2.72%
Min Deposit$500
Min Balance—
UpdatedMay 12, 2026
Details
Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
1616 Broadway, Schenectady, NY 12306
Business Money Market
2.75%
$0
▼
Rate2.72%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
1616 Broadway, Schenectady, NY 12306
Signature Money Market
2.75%
$500
▼
Rate2.72%
Min Deposit$500
Min Balance—
UpdatedMay 12, 2026
Details
Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
1616 Broadway, Schenectady, NY 12306
Signature Money Market
2.50%
$500
▼
Rate2.48%
Min Deposit$500
Min Balance—
UpdatedMay 12, 2026
Details
Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
1616 Broadway, Schenectady, NY 12306
Money Market Accounts
2.50%
$500
▼
Rate2.48%
Min Deposit$500
Min Balance—
UpdatedMay 12, 2026
Details
Broadview Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
3200 Balltown Rd, Schenectady, NY 12304
Money Market
2.50%
$0
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Broadview Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
3200 Balltown Rd, Schenectady, NY 12304
Money Market
2.25%
$0
▼
Rate2.22%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
FNB of Scotia
Institution Rating:
A5.0 ★ Texas Ratio: 8.63%
120 Erie Blvd, Schenectady, NY 12305
Tiered Money Market Accounts
2.01%
$10,000
▼
Rate1.99%
Min Deposit$10,000
Min Balance—
UpdatedMay 5, 2026
Details
Broadview Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
3200 Balltown Rd, Schenectady, NY 12304
Money Market
1.90%
$0
▼
Rate1.88%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
TrustCo Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.16%
1048 State St, Schenectady, NY 12307
Money Market
1.58%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
FNB of Scotia
Institution Rating:
A5.0 ★ Texas Ratio: 8.63%
120 Erie Blvd, Schenectady, NY 12305
Tiered Money Market Accounts
1.53%
$10,000
▼
Rate1.52%
Min Deposit$10,000
Min Balance—
UpdatedMay 5, 2026
Details
Broadview Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
3200 Balltown Rd, Schenectady, NY 12304
Money Market
1.50%
$0
▼
Rate1.49%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
1616 Broadway, Schenectady, NY 12306
Business Money Market
1.50%
$0
▼
Rate1.49%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
1616 Broadway, Schenectady, NY 12306
Money Market Account
1.25%
$500
▼
Rate1.25%
Min Deposit$500
Min Balance—
UpdatedMay 12, 2026
Details
Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
1616 Broadway, Schenectady, NY 12306
Money Market Savings
1.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
As High As
TrustCo Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.16%
1048 State St, Schenectady, NY 12307
Money Market
1.09%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
TrustCo Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.16%
1048 State St, Schenectady, NY 12307
Money Market
1.05%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
FNB of Scotia
Institution Rating:
A5.0 ★ Texas Ratio: 8.63%
120 Erie Blvd, Schenectady, NY 12305
Tiered Money Market Accounts
1.01%
$10,000
▼
Rate1.01%
Min Deposit$10,000
Min Balance—
UpdatedMay 5, 2026
Details
TrustCo Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.16%
1048 State St, Schenectady, NY 12307
Money Market
1.01%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Broadview Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
3200 Balltown Rd, Schenectady, NY 12304
Money Market
1.00%
$0
▼
Rate0.99%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
1616 Broadway, Schenectady, NY 12306
Money Market Account
1.00%
$500
▼
Rate1.00%
Min Deposit$500
Min Balance—
UpdatedMay 12, 2026
Details
TrustCo Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.16%
1048 State St, Schenectady, NY 12307
Money Market
0.86%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
TrustCo Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.16%
1048 State St, Schenectady, NY 12307
Money Market
0.85%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
1616 Broadway, Schenectady, NY 12306
Money Market Account
0.75%
$500
▼
Rate0.75%
Min Deposit$500
Min Balance—
UpdatedMay 12, 2026
Details
Broadview Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
3200 Balltown Rd, Schenectady, NY 12304
Money Market
0.75%
$0
▼
Rate0.74%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
FNB of Scotia
Institution Rating:
A5.0 ★ Texas Ratio: 8.63%
120 Erie Blvd, Schenectady, NY 12305
Tiered Money Market Accounts
0.65%
$10,000
▼
Rate0.65%
Min Deposit$10,000
Min Balance—
UpdatedMay 5, 2026
Details
Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
1616 Broadway, Schenectady, NY 12306
Business Money Market
0.50%
$0
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
1616 Broadway, Schenectady, NY 12306
Money Market Account
0.50%
$500
▼
Rate0.50%
Min Deposit$500
Min Balance—
UpdatedMay 12, 2026
Details
TrustCo Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.16%
1048 State St, Schenectady, NY 12307
Money Market
0.40%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
TrustCo Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.16%
1048 State St, Schenectady, NY 12307
Money Market
0.35%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
First New York Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.90%
3085 Carman Rd, Schenectady, NY 12303 4550
Premium Money Market
0.30%
$0
▼
Rate0.30%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details
First New York Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.90%
3085 Carman Rd, Schenectady, NY 12303 4550
Money Market Premium
0.30%
$0
▼
Rate0.30%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details
Dividends compounded monthly. No minimum to open. $75,000 minimum balance must be maintained to earn dividends. Rates subject to change. Fees may reduce earnings on this account.
First New York Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.90%
3085 Carman Rd, Schenectady, NY 12303 4550
Money Market Premium
0.25%
$0
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details
Dividends compounded monthly. No minimum to open. $75,000 minimum balance must be maintained to earn dividends. Rates subject to change. Fees may reduce earnings on this account.
First New York Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.90%
3085 Carman Rd, Schenectady, NY 12303 4550
Premium Money Market
0.25%
$0
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details
Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
1616 Broadway, Schenectady, NY 12306
Money Market Accounts
0.20%
$500
▼
Rate0.20%
Min Deposit$500
Min Balance—
UpdatedMay 12, 2026
Details
Sunmark Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.71%
1616 Broadway, Schenectady, NY 12306
Money Market Account
0.20%
$500
▼
Rate0.20%
Min Deposit$500
Min Balance—
UpdatedMay 12, 2026
Details
First New York Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.90%
3085 Carman Rd, Schenectady, NY 12303 4550
Money Market
0.20%
$0
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details
Dividends are compounded monthly. No minimum to open. $2,500 minimum balance must be maintained to earn dividends. Rates subject to change. Fees may reduce earnings on this account.
First New York Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.90%
3085 Carman Rd, Schenectady, NY 12303 4550
Money Market
0.15%
$0
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details
Dividends are compounded monthly. No minimum to open. $2,500 minimum balance must be maintained to earn dividends. Rates subject to change. Fees may reduce earnings on this account.
Citizens Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
1725 Altamont Ave, Schenectady, NY 12303
Citizens Private Client® Money Market
0.15%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
First New York Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.90%
3085 Carman Rd, Schenectady, NY 12303 4550
Money Market
0.10%
$0
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details
Dividends are compounded monthly. No minimum to open. $2,500 minimum balance must be maintained to earn dividends. Rates subject to change. Fees may reduce earnings on this account.
Chemung Canal Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 4.40%
2 Rush St, Schenectady, NY 12305
IRA Money Market
0.10%
$0
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
>$1,000,000
Chemung Canal Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 4.40%
2 Rush St, Schenectady, NY 12305
Personal Prestige IMMA
0.10%
$0
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
TrustCo Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.16%
1048 State St, Schenectady, NY 12307
Money Market
0.10%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Broadview Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
3200 Balltown Rd, Schenectady, NY 12304
Money Market
0.10%
$0
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Pioneer Bank Albany, NY
Institution Rating:
A5.0 ★ Texas Ratio: 6.71%
1828 Altamont Ave, Schenectady, NY 12303
Pinnacle Money Market Tier VIII
0.10%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
TrustCo Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.16%
1048 State St, Schenectady, NY 12307
Money Market
0.08%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Chemung Canal Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 4.40%
2 Rush St, Schenectady, NY 12305
IRA Money Market
0.07%
$0
▼
Rate0.07%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
$500,000 - $999,999
Chemung Canal Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 4.40%
2 Rush St, Schenectady, NY 12305
Personal Prestige IMMA
0.05%
$0
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Pioneer Bank Albany, NY
Institution Rating:
A5.0 ★ Texas Ratio: 6.71%
1828 Altamont Ave, Schenectady, NY 12303
Pinnacle Money Market Tier V
0.05%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
Pioneer Bank Albany, NY
Institution Rating:
A5.0 ★ Texas Ratio: 6.71%
1828 Altamont Ave, Schenectady, NY 12303
Pinnacle Money Market Tier VII
0.05%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
Pioneer Bank Albany, NY
Institution Rating:
A5.0 ★ Texas Ratio: 6.71%
1828 Altamont Ave, Schenectady, NY 12303
Pinnacle Money Market Tier VI
0.05%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
Chemung Canal Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 4.40%
2 Rush St, Schenectady, NY 12305
IRA Money Market
0.05%
$0
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
$100,000 - $499,999
Pioneer Bank Albany, NY
Institution Rating:
A5.0 ★ Texas Ratio: 6.71%
1828 Altamont Ave, Schenectady, NY 12303
Pinnacle Money Market Tier IV
0.05%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
TrustCo Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.16%
1048 State St, Schenectady, NY 12307
Money Market
0.05%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Pioneer Bank Albany, NY
Institution Rating:
A5.0 ★ Texas Ratio: 6.71%
1828 Altamont Ave, Schenectady, NY 12303
Pinnacle Money Market Tier III
0.03%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
Citizens Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
1725 Altamont Ave, Schenectady, NY 12303
Citizens Quest® Money Market
0.03%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Chemung Canal Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 4.40%
2 Rush St, Schenectady, NY 12305
IRA Money Market
0.03%
$0
▼
Rate0.03%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
$25,000 - $99,999
Chemung Canal Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 4.40%
2 Rush St, Schenectady, NY 12305
Money Market
0.03%
$0
▼
Rate0.03%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Pioneer Bank Albany, NY
Institution Rating:
A5.0 ★ Texas Ratio: 6.71%
1828 Altamont Ave, Schenectady, NY 12303
Pinnacle Money Market Tier I
0.03%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
Pioneer Bank Albany, NY
Institution Rating:
A5.0 ★ Texas Ratio: 6.71%
1828 Altamont Ave, Schenectady, NY 12303
Pinnacle Money Market Tier II
0.03%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
Chemung Canal Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 4.40%
2 Rush St, Schenectady, NY 12305
Money Market
0.02%
$0
▼
Rate0.02%
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Citizens Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
1725 Altamont Ave, Schenectady, NY 12303
Personal Money Market
0.01%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Chemung Canal Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 4.40%
2 Rush St, Schenectady, NY 12305
IRA Money Market
0.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
< $1,000
Chemung Canal Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 4.40%
2 Rush St, Schenectady, NY 12305
Personal Prestige IMMA
0.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Carver Federal Savings Bank
Institution Rating:
C3.9 ★ Texas Ratio: 28.07%
Money Market Accounts & High Yield Savings
4.25%
$0
▼
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
▼
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
▼
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
▼
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
▼
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
▼
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
▼
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
▼
Rate3.48%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
Money Market Special
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Together Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.65%
Money Market (IRA)
3.50%
$0
▼
Rate3.44%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
New money only
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
▼
Rate3.45%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
$15,000+
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
▼
Rate3.39%
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
3.50%
$100,000
▼
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
Rate3.44%
Min Deposit$500
Min Balance—
UpdatedMay 5, 2026
Details
Minimum Average Daily Balance to Earn APY: $500 to $999,999.99
Piermont Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.99%
Business Money Market Account
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
Patriot Bank N.A.
Institution Rating:
F2.4 ★ Texas Ratio: 45.79%
Founders Money Market for Business
3.50%
$0
▼
Rate3.39%
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
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details
Lufthansa Employee Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.10%
Money Market Account
3.25%
$1,500
▼
Rate—
Min Deposit$1,500
Min Balance—
UpdatedMay 7, 2026
Details
Unrestricted Savings Account - Interest Compounded Monthly
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
Business & Public Funds Premium Money Market Savings
3.05%
$0
▼
Rate3.01%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
High Interest Money Market Savings
3.05%
$0
▼
Rate3.01%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
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%
High Rate Money Market
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Kinecta Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.14%
Signature Money Market (Personal)
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details
Kinecta Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.14%
Signature Money Market
3.00%
$10,000
▼
Rate—
Min Deposit$10,000
Min Balance—
UpdatedMay 6, 2026
Details
Centra Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.15%
Business & Public Funds Premium Money Market Savings
2.90%
$0
▼
Rate2.86%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
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MonitorBankRates
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 Schenectady, 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.
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.
Schenectady, NY Money Market Rate Trends
Compare local Schenectady, 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.
High-Yield MMA — NY Avg
3.343%
▲ 0.030 vs 7 days ago
New York high-yield MMA rates rose 0.030 points over the past 7 days to 3.343% APY.
Standard MMA — NY Avg
0.595%
▼ 0.015 vs 7 days ago
New York standard MMA rates fell 0.015 points over the past 7 days to 0.595% APY.
As of May 13, 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 Schenectady, 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 Schenectady, 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 Schenectady, 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 Schenectady, 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 Schenectady, 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 Schenectady, 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 Schenectady, 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 Schenectady, New York
Here are some of the highest money market account APYs currently available in Schenectady, New York and the surrounding area:
- Citizens Bank
Citizens Private Client® Money Market — 3.75% APY - Pioneer Bank Albany, NY
4-month Pioneer Money Market — 3.50% APY - Sunmark Credit Union
Money Market Accounts — 3.25% APY - Broadview Federal Credit Union
Money Market — 3.05% APY - FNB of Scotia
Tiered Money Market Accounts — 2.01% APY
Money Market Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Schenectady, 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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