Colorado Savings Rates - October 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Colorado savings account rates range from 1.55% to 6.50% APY, verified by MonitorBankRates as of October 13, 2026. The best savings rates for Colorado include Air Academy Federal Credit UnionAir Academy Federal Credit Union9810 N Union Blvd, Colorado Springs, CO 80924 5002A+5.0 ★Texas Ratio: 3.50%Real return: +3.70%APY minus 2.8% CPI (February 2026) Reverse Tier Savings Account at 6.50% APY, Red Rocks Credit UnionRed Rocks Credit Union8195 Southpark Ln, Littleton, CO 80120 4520A+5.0 ★Texas Ratio: 4.02%Real return: +2.95%APY minus 2.8% CPI (February 2026) Reverse Tier Savings at 5.75% APY, Partner Colorado Credit UnionPartner Colorado Credit Union6221 Sheridan Blvd, Arvada, CO 80003A+5.0 ★Texas Ratio: 3.16%Real return: +2.70%APY minus 2.8% CPI (February 2026) Power Savings at 5.50% APY, Blue Federal Credit UnionBlue Federal Credit Union7670 5th St, Wellington, CO 80549A5.0 ★Texas Ratio: 9.97%Real return: +2.20%APY minus 2.8% CPI (February 2026) Accelerated Savings at 5.00% APY, and Together Credit UnionTogether Credit Union1520 E Mulberry St, Fort Collins, CO 80524 3501A+5.0 ★Texas Ratio: 4.25%Real return: +2.20%APY minus 2.8% CPI (February 2026) Accelerate It Savings at 5.00% APY.
Use the tables below to compare savings rates across Colorado side-by-side. Colorado savings rates currently reach as high as 6.50% APY from Air Academy Federal Credit Union at 9810 N Union Blvd, Colorado Springs, CO 80924 5002. Rates are continually updated, so we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Colorado and the surrounding area. Last Updated and Verified: October 13, 2026
Compare the Best Savings Rates in Colorado
Balance: $0.00 - $2,000.00
Balance: $0-$2,000
Balance: $0-1,000
Balance: $0.00 - $1,000.00; Tier 1
Balance: $100.00 - $5,000.99 earns APY 5.00%; Balances $5,001.00 and above earn APY 0.20%; Requires open checking account under same membership number; Must be 22 or older; One per Social Security or Taxpayer Identification Number; Minimum Balance/Average Daily Balance: $5/$100
Balance: $0.01 - $2,000.00
Balance: $100 to $10,000
Balance: $1,000+; APY is variable and subject to change. Interest compounds daily and is paid monthly. Fees may reduce earnings. Terms and conditions apply.
All Balances
Qualifications Required: New Customer***
Annual Percentage Yield Accurate as of July 16, 2026; APY range: 3.85% APY to 3.90% APY
Balance: $500,000 and up
The annual percentage yield (APY) is accurate as of January 8, 2026 and subject to change at the Bank's discretion. Refer to product's website for latest APY rate. Minimum deposit required to open an account is $500 and a minimum balance of $0.01 is required to earn the advertised APY.
Maximum Deposit $3,000,000
Maximum Deposit $3,000,000
Earn up to 3.50% APY when you are an account owner of a Bank Smartly Checking, Safe Debit account, or Bank SmartlyTM Visa Signature Card and a CQB of at least $25,000. APYs may vary by location and are accurate for accounts opened on today's date. Restrictions apply.
Requires an open Premium Perks Checking Account; $5,000.00 minimum balance to open and to earn the advertised APY
Maximum Deposit $3,000,000
All Balances
Maximum Deposit $3,000,000
Maximum Deposit $3,000,000
Maximum Deposit $3,000,000
Maximum Deposit $3,000,000
(rate applies to savings account only); Dividends credited monthly; Open an Account
Maximum Deposit $3,000,000
Balance: $5MM and over
Balance: $5,000.00 to $2,000,000.99
Balance: $5,000.00 to $2,000,000.99
Balance: $0.01 - $1,000
Balance: $15,000 and over; Dividend Rate no less than U.S. Prime index minus 4.00%
- Oct 9, 20263.04%▲ from 2.78%
- Sep 14, 20262.78%first recorded
Balance: minimum balance $0.00; Accounts for ages 0-26; Evolution Savings Rates - Effective Monday, August 1, 2022
Compounded/Credited: Monthly
Annual Percentage Yield (APY) as of 10-01-2025
Earn and Learn available to members up through age 18; APY dividend of 2.96% on balances $5.00-$2,500.00; Balances over $2,500.00 earn APY 0.20%; Minimum Balance/Average Daily Balance: $5/$5
Rates Effective: 8/14/2026. Momentum Savings - Limit 1 per Member. If the balance of the High Yield Savings is below $25,000, the rate will earn 0.00% Dividend. If minimum balance of $25,000 is met, the full range of funds up to $100,000 will earn 3% Annual Percentage Yield (APY).
Balance: 0 - $25,000
Balance: $25,000 - $99,999.99
Balance: $0 - $2,000
Requires a Cash Custodial Agreement with DFDFCU
- Oct 8, 20262.70%▲ from 2.60%
- Sep 25, 20262.60%first recorded
Balance: $10,000.01-$25,000
Balance: $3,000 plus
Balance: $250,000+
Balance: $2,500 plus
- Sep 24, 20262.41%▲ from 2.25%
- Sep 14, 20262.25%first recorded
Published APY range: 2.40%-4.00%; Published rate range: 2.40%-4.00%. Rates based on zip code and with a minimum of $5,000 not currently deposited at Huntington. Get your variable rate after opening a Huntington Relationship Savings Account when you maintain deposits of $5,000.00 - $2,000,000.99. Balances $2,000,001.00 and above will earn 0.01% (0.01% APY). Balances below $5,000.00 will earn 0.01% (0.01% APY). Balances below $2,500 may be subject to a $10.00 per month maintenance fee. Fees may reduce earnings. When your balance falls into a specific rate tier, your entire balance will earn the applicable rate in effect for that tier. Initial minimum opening deposit to earn the higher interest rate on the HRSA is $5,000.00 and must be "New Money" which is defined as money that is not currently on deposit in any Huntington account (except maturing CDs).
Balance: $0 - $2,999.99
Balance: $0-$10,000
Balance: $50,000-$249,999
Balance: $1,000,000 and over
Balance: $0 - $2,499.99
- Sep 24, 20262.14%▲ from 1.99%
- Sep 14, 20261.99%first recorded
Balance: $250,000.00 & Up
- Oct 10, 20262.10%▲ from 1.85%
- Sep 14, 20261.85%first recorded
Ages: 0-17; Balance: $5 up to $1,000; Youth Account has a $5.00 minimum balance to open
Balance: $0.01 or greater
Balance: $25,000-$49,999
Balance: $100,000 and up
Balance: $500,000 - $999,999
Balance: $75,000 - $249,999.99
- Oct 10, 20261.90%▲ from 1.65%
- Sep 14, 20261.65%first recorded
Dividends compounded daily and credited quarterly; Membership eligibility is required
Balance: $250,000 - $499,999
Balance: $2,001-$5,000
Balance: $100,000 - $249,999
Balance: $10,000 and above
Balance: $250,000 - $499,999.99
Balance: $250,000.00 And Above
Balance: $50,000 and over
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.
Colorado Savings Rate Trends
Compare local Colorado savings rate quotes against the statewide average
Daily savings rate averages tracked across our database of 8,500+ banks and credit unions, updated every evening.
Colorado high-yield savings rates rose 0.082 points over the past 7 days to 2.252% APY, up from 2.170%.
Colorado standard savings rates fell 0.022 points over the past 7 days to 0.592% APY, down from 0.614%.
Colorado Savings Rate Forecast, Next 12 Months
Savings rates move with Federal Reserve policy. Our model uses the current CO high-yield average and a Fed funds spread to project the likely rate trajectory for 2026 to 2027.
Savings 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 CO high-yield savings average of 2.252% 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 online savings rates tend to adjust faster than standard branch-based savings rates.
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 Colorado.
Savings Account Earnings in Colorado
Annual interest earnings at current CO average APYs, based on the high-yield and standard savings averages tracked in our database. Compounding assumed monthly.
| Balance | HY Savings (2.252% APY) | Monthly Earnings | Standard Savings (0.592% APY) | Monthly Earnings |
|---|---|---|---|---|
| $5,000 | $112.60 / year | $9.38 | $29.59 / year | $2.47 |
| $10,000 | $225.19 / year | $18.77 | $59.18 / year | $4.93 |
| $25,000 | $562.98 / year | $46.92 | $147.95 / year | $12.33 |
| $50,000 | $1,125.95 / year | $93.83 | $295.90 / year | $24.66 |
| Earnings estimates use daily compounding. Actual earnings depend on exact rate, compounding frequency, and daily balance maintained. Rates are variable and subject to change. Source: Colorado savings rate averages as of October 13, 2026. | ||||
About Our Colorado Savings Rate Database
MonitorBankRates tracks 206 savings rates from 15 banks and 20 credit unions offering savings accounts to Colorado residents, including community institutions, regional banks, and national online options. 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: Air Academy Federal Credit Union offers a savings account at 6.50% APY. Use the rate table above to compare all current offers in Colorado.
How to Find the Best Savings Rates in Colorado
What to compare when shopping for a savings account in Colorado
To find the best savings APYs in Colorado, start with credit unions and online-only banks: Colorado has 20 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. APY reflects compounding and is the true measure of what you’ll earn. Savings accounts that compound daily earn slightly more than those compounding monthly at the same stated rate. The current CO high-yield savings average is 2.252% but top local institutions are offering as high as 6.50%, so shopping around pays off.
Unlike a CD, savings account rates are variable. Your rate can change at any time with Federal Reserve policy. Many institutions offer elevated introductory rates that reset after a promotional period. Review your account periodically to ensure your APY remains competitive.
When a High-Yield Savings Account Makes Sense
- Emergency fund: Financial experts recommend 3 to 6 months of expenses in a liquid, FDIC-insured account. Colorado high-yield savings rates currently average 2.252% APY, far above a typical checking account.
- Short-term savings goals (6 to 24 months): If you may need the money soon, a savings account gives you immediate access without early withdrawal penalties.
- Parking cash between investments: A high-yield savings account at Colorado institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 35 institutions in Colorado report savings rates to our database.
- 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 Colorado CD rates
- You want check-writing flexibility Colorado money market rates
- You need daily transaction access Colorado checking rates
Colorado Financial Snapshot
Local demographics and economic context for savers. Source: U.S. Census Bureau
15.6% of residents are 65 or older, below the national average of 17.3%. At today’s CO high-yield savings average of 2.252%, saving 10% of the local median salary ($5,216/year) would earn an additional $117 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Savings Accounts vs. Other Colorado Options
How high-yield savings accounts compare to other deposit products available at banks and credit unions in Colorado.
| Feature | High-Yield Savings | Standard Savings | Money Market | CD (12-Month) |
|---|---|---|---|---|
| Current CO Avg APY | 2.252% | 0.592% | View MMA Rates | 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 | ✗ No | ✗ No | ✓ Often yes | ✗ No |
| Debit / ATM Card | Some institutions | ✗ Rarely | ✓ Often yes | ✗ No |
| Typical Min Deposit | $0 to $100 | $25 to $100 | $0 to $2,500 | $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 | Emergency fund, short-term goals, parking cash | Everyday saving, low-balance accounts | Active savers wanting flexibility + check writing | Locking in a rate for a defined period |
APY data reflects Colorado averages tracked in our database as of October 13, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Savings Calculators for Colorado
At CO’s top rate of 6.50% from Air Academy Federal Credit Union, a $10,000 deposit earns $650 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Colorado earner is roughly $13,000. At 2.252% APY, saving $1,090/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. High-Yield SavingsColorado’s high-yield savings average is 2.252% APY, variable and always accessible. 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 Colorado earner makes $52,167/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 2.252% APY.
Retirement PlannerA $25,000 high-yield savings balance earning 2.252% APY grows to roughly $39,027 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 Colorado savings 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 Savings Rate Data: We aggregate savings account rates for Colorado directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every savings 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 Colorado. We feature a comprehensive mix of institutions, from neighborhood credit unions and competitive regional banks to large national institutions available to savers in CO.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly, every product listed features its own specific “last updated” date, giving you complete transparency.
Frequently Asked Questions about Savings Accounts in Colorado
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Colorado safe?
How often do savings rates change in Colorado?
Do I need a minimum deposit to open a savings account?
What is the difference between a Savings Account and a Money Market Account?
Are online banks better than local banks in Colorado?
How do I open a savings account in Colorado?
Best Savings Rates in Colorado
- Air Academy Federal Credit Union
Reverse Tier Savings Account: 6.50% APY - Red Rocks Credit Union
Reverse Tier Savings: 5.75% APY - Partner Colorado Credit Union
Power Savings: 5.50% APY - Blue Federal Credit Union
Accelerated Savings: 5.00% APY - Together Credit Union
Accelerate It Savings: 5.00% APY
Cities in Colorado
