New York Money Market Rate Trends
Track current and weekly average money market account APYs across all products in New York, view interactive rate trend charts, and compare NY APYs against the national average.
Current New York Money Market Rate Trends
High-Yield Money Market APYs in New York rose by +0.003 this week, pushing the current average APY to 3.314%. Savers depositing in NY are now earning more than they would have last week, when the average stood at 3.311%.
At 3.314%, New York's High-Yield Money Market APY sits +0.262 above the current national average of 3.051%. This above-average spread may reflect more competitive deposit offerings from local banks and credit unions in NY.
The Standard Money Market APY in New York currently averages 0.614%, compared to 0.598% last week. Savers weighing account type should note that standard money market APYs are typically lower than high-yield offerings but may come with fewer balance requirements or restrictions.
The New York money market rate averages displayed on this page are calculated from 530 verified money market rate quotes collected across 109 banks and credit unions actively operating in New York. Our proprietary systems collect and verify deposit rates daily — tracking what real licensed institutions are actually offering to depositors, not promotional teaser rates.
Unlike comparison sites that show only a handful of institutions, MonitorBankRates maintains a continuously updated money market account rate database spanning community banks, regional lenders, national institutions, and credit unions across New York. This scale allows us to calculate averages that reflect the full deposit landscape — not just the most aggressive advertisers — giving savers, journalists, and financial professionals a more accurate benchmark for what APYs actually look like in NY.
Data reflects average APYs offered by licensed institutions operating in NY. Last Updated: April 22, 2026
New York Money Market Rate Trends
Weekly average APYs across all money market products. Hover over the chart to see exact APYs for each week.
New York money market rate averages compiled from 530 current money market rates across 109 banks and credit unions operating in NY — updated daily.
As of Apr 22, 2026 • Data provided by MonitorBankRates.com
For Media, Researchers & Real Estate Professionals
Journalists covering New York financial markets, personal finance professionals advising clients on deposit strategy, and academic researchers studying regional banking patterns are welcome to cite and reference this data. All historical NY money market rate data is free to use for editorial, research, and educational purposes.
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