Cranford, New Jersey (NJ) Savings Rates - March 2026
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Editorial Disclosure
The savings 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.
The best savings rates for Cranford, New Jersey and the surrounding area include Union County Savings Bank Elizabeth, NJUnion County Savings Bank Elizabeth, NJ201 North Ave W, Cranford, NJ 07016A+5.0 ★ High Yield Savings at 3.50% APY, Spencer Savings BankSpencer Savings Bank213 South Ave E, Cranford, NJ 07016A+5.0 ★Texas Ratio: 2.42% Platinum Savings at 1.00% APY, ValleyDirectValleyDirect117 South Ave W, Cranford, NJ 07016A+5.0 ★Texas Ratio: 3.76% Kids First Savings at 0.25% APY, Wells FargoWells Fargo2 North Ave W, Cranford, NJ 07016A5.0 ★Texas Ratio: 7.44% Platinum Savings at 0.05% APY, and Andrews Federal Credit UnionAndrews Federal Credit Union2200 Mount Holly Rd, Burlington, NJ 08016A5.0 ★Texas Ratio: 11.92% Online Savings Account at 5.00% APY. Savings rates as of March 27, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Cranford, New Jersey, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Cranford, New Jersey (NJ) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Cranford, New Jersey and the surrounding area. Last Updated and Verified: March 27, 2026
Compare the Best Savings Rates in Cranford, New Jersey & Surrounding Communities
Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Union County Savings Bank Elizabeth, NJ
Institution Rating:
A+5.0 ★
201 North Ave W, Cranford, NJ 07016
High Yield Savings
3.50%
$100
▼
Rate3.44%
Min Deposit$100
Min Balance—
UpdatedMar 24, 2026
Details
Union County Savings Bank Elizabeth, NJ
Institution Rating:
A+5.0 ★
201 North Ave W, Cranford, NJ 07016
Business Savings
2.00%
$100
▼
Rate1.98%
Min Deposit$100
Min Balance—
UpdatedMar 24, 2026
Details
Spencer Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.42%
213 South Ave E, Cranford, NJ 07016
Platinum Savings
1.00%
$50,000
▼
Rate0.99%
Min Deposit$50,000
Min Balance—
UpdatedMar 21, 2026
Details
Union County Savings Bank Elizabeth, NJ
Institution Rating:
A+5.0 ★
201 North Ave W, Cranford, NJ 07016
Holiday Club Savings
1.00%
$50
▼
Rate1.00%
Min Deposit$50
Min Balance—
UpdatedMar 24, 2026
Details
Union County Savings Bank Elizabeth, NJ
Institution Rating:
A+5.0 ★
201 North Ave W, Cranford, NJ 07016
Business Savings
0.75%
$100
▼
Rate0.75%
Min Deposit$100
Min Balance—
UpdatedMar 24, 2026
Details
Union County Savings Bank Elizabeth, NJ
Institution Rating:
A+5.0 ★
201 North Ave W, Cranford, NJ 07016
IRA Savings
0.60%
$500
▼
Rate0.59%
Min Deposit$500
Min Balance—
UpdatedMar 24, 2026
Details
Union County Savings Bank Elizabeth, NJ
Institution Rating:
A+5.0 ★
201 North Ave W, Cranford, NJ 07016
Rising Star Savings
0.60%
$1
▼
Rate0.60%
Min Deposit$1
Min Balance—
UpdatedMar 24, 2026
Details
Union County Savings Bank Elizabeth, NJ
Institution Rating:
A+5.0 ★
201 North Ave W, Cranford, NJ 07016
STAR Savings
0.60%
$50
▼
Rate0.59%
Min Deposit$50
Min Balance—
UpdatedMar 24, 2026
Details
Spencer Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.42%
213 South Ave E, Cranford, NJ 07016
SpencerKids Savings
0.50%
$1
▼
Rate0.50%
Min Deposit$1
Min Balance—
UpdatedMar 21, 2026
Details
Spencer Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.42%
213 South Ave E, Cranford, NJ 07016
Statement Savings
0.50%
$25,000
▼
Rate0.50%
Min Deposit$25,000
Min Balance—
UpdatedMar 21, 2026
Details
Union County Savings Bank Elizabeth, NJ
Institution Rating:
A+5.0 ★
201 North Ave W, Cranford, NJ 07016
High Yield Savings
0.50%
$100
▼
Rate0.49%
Min Deposit$100
Min Balance—
UpdatedMar 24, 2026
Details
Union County Savings Bank Elizabeth, NJ
Institution Rating:
A+5.0 ★
201 North Ave W, Cranford, NJ 07016
STAR Savings
0.35%
$50
▼
Rate0.35%
Min Deposit$50
Min Balance—
UpdatedMar 24, 2026
Details
ValleyDirect
Institution Rating:
A+5.0 ★Texas Ratio: 3.76%
117 South Ave W, Cranford, NJ 07016
Kids First Savings
0.25%
$1
▼
Rate0.00%
Min Deposit$1
Min Balance—
UpdatedMar 22, 2026
Details
No minimum balance; Available for minors under 18
Spencer Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.42%
213 South Ave E, Cranford, NJ 07016
Statement Savings
0.25%
$100
▼
Rate0.25%
Min Deposit$100
Min Balance—
UpdatedMar 21, 2026
Details
Spencer Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.42%
213 South Ave E, Cranford, NJ 07016
Platinum Savings
0.25%
$25,000
▼
Rate0.25%
Min Deposit$25,000
Min Balance—
UpdatedMar 21, 2026
Details
Spencer Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.42%
213 South Ave E, Cranford, NJ 07016
IRA Savings
0.10%
$1,000
▼
Rate0.10%
Min Deposit$1,000
Min Balance—
UpdatedMar 21, 2026
Details
Spencer Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.42%
213 South Ave E, Cranford, NJ 07016
Platinum Savings
0.10%
$5,000
▼
Rate0.10%
Min Deposit$5,000
Min Balance—
UpdatedMar 21, 2026
Details
ValleyDirect
Institution Rating:
A+5.0 ★Texas Ratio: 3.76%
117 South Ave W, Cranford, NJ 07016
Tiered Money Market Savings
0.10%
$2,000
▼
Rate0.00%
Min Deposit$2,000
Min Balance—
UpdatedMar 22, 2026
Details
No maintenance charge for average daily balances of $10,000 or more
Spencer Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.42%
213 South Ave E, Cranford, NJ 07016
IRA Savings
0.05%
$100
▼
Rate0.05%
Min Deposit$100
Min Balance—
UpdatedMar 21, 2026
Details
Spencer Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.42%
213 South Ave E, Cranford, NJ 07016
Platinum Savings
0.05%
$100
▼
Rate0.05%
Min Deposit$100
Min Balance—
UpdatedMar 21, 2026
Details
ValleyDirect
Institution Rating:
A+5.0 ★Texas Ratio: 3.76%
117 South Ave W, Cranford, NJ 07016
Money Market Savings
0.05%
$10,000
▼
Rate0.00%
Min Deposit$10,000
Min Balance—
UpdatedMar 22, 2026
Details
Great for balances over $10k; No maintenance charge for average daily balances of $10,000 or more
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
2 North Ave W, Cranford, NJ 07016
Platinum Savings
0.05%
$25
▼
Rate0.05%
Min Deposit$25
Min Balance—
UpdatedMar 22, 2026
Details
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
2 North Ave W, Cranford, NJ 07016
Retirement High Yield Savings
0.05%
$0
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
2 North Ave W, Cranford, NJ 07016
Platinum Savings
0.02%
$25
▼
Rate0.02%
Min Deposit$25
Min Balance—
UpdatedMar 22, 2026
Details
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
ValleyDirect
Institution Rating:
A+5.0 ★Texas Ratio: 3.76%
117 South Ave W, Cranford, NJ 07016
All Access Savings
0.01%
$100
▼
Rate0.00%
Min Deposit$100
Min Balance—
UpdatedMar 22, 2026
Details
Comes with a card for ATM withdrawals; No maintenance charge for average daily balances of $300 or more
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
2 North Ave W, Cranford, NJ 07016
Platinum Savings
0.01%
$25
▼
Rate0.01%
Min Deposit$25
Min Balance—
UpdatedMar 22, 2026
Details
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
2 North Ave W, Cranford, NJ 07016
Way2Save® Savings
0.01%
$25
▼
Rate0.01%
Min Deposit$25
Min Balance—
UpdatedMar 22, 2026
Details
$25 minimum opening deposit
Spencer Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.42%
213 South Ave E, Cranford, NJ 07016
SpencerKids Savings
0.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Spencer Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.42%
213 South Ave E, Cranford, NJ 07016
Platinum Savings
0.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Spencer Savings Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.42%
213 South Ave E, Cranford, NJ 07016
IRA Savings
0.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Andrews Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.92%
2200 Mount Holly Rd, Burlington, NJ 08016
Online Savings Account
5.00%
$0
▼
Rate4.89%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Qualifying balance up to $1,000.00
FourLeaf Federal Credit Union
Institution Rating:
A-4.9 ★Texas Ratio: 15.85%
56 Haddonfield Rd, Cherry Hill, NJ 08002 2057
Student Savings
5.00%
$0
▼
Rate4.91%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Balances $0.00 - $1,000.00
Ukrainian Selfreliance Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.47%
477 Jeremiah Ave, Trenton, NJ 08610
IRA Savings
4.08%
$0
▼
Rate4.00%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Healthcare Employees Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.92%
29 Emmons Dr Ste C40, Princeton, NJ 08540 5971
Healthy Savings
4.07%
$0
▼
Rate4.00%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Greater Alliance Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 13.52%
40 W Century Rd, Paramus, NJ 07652 1454
Promotional Savings Account
4.00%
$500
▼
Rate0.00%
Min Deposit$500
Min Balance—
UpdatedMar 26, 2026
Details
Qualifying balance up to $10,000; for one year!
First Atlantic Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.55%
468 INDUSTRIAL WAY W, EATONTOWN, NJ 07724 2210
Head Start Youth Savings
4.00%
$0
▼
Rate3.93%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Qualifying balance up to $5,000.00
Pinnacle Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.32%
2909 Washington Rd Ste 10, Parlin, NJ 08859
Accelerate Savings
3.75%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
The Atlantic Federal Credit Union
Institution Rating:
B4.6 ★Texas Ratio: 19.74%
1331 Magie Ave, Union, NJ 07083
Ultra Savings
3.50%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Affinity Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.16%
73 Mountainview Blvd, Basking Ridge, NJ 07920 3849
Performance Savings
3.25%
$5
▼
Rate3.20%
Min Deposit$5
Min Balance—
UpdatedMar 24, 2026
Details
Qualifications Required
Andrews Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.92%
2200 Mount Holly Rd, Burlington, NJ 08016
High Yield Savings Account
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Self Reliance NY Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
477 Jeremiah Ave, Trenton, NJ 08610
High Yield Savings
3.20%
$0
▼
Rate3.15%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Ukrainian Selfreliance Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.47%
477 Jeremiah Ave, Trenton, NJ 08610
High Yield Savings
3.20%
$0
▼
Rate3.15%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
American Heritage Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.69%
100 Haddonfield Rd, Cherry Hill, NJ 08002 4402
Business High-Yield Savings
3.10%
$10,000
▼
Rate0.00%
Min Deposit$10,000
Min Balance—
UpdatedMar 25, 2026
Details
Qualifying balance up to $1,000,000
American Heritage Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.69%
100 Haddonfield Rd, Cherry Hill, NJ 08002 4402
High-Yield Savings2
3.10%
$0
▼
Rate3.06%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Healthcare Employees Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.92%
29 Emmons Dr Ste C40, Princeton, NJ 08540 5971
Healthy Savings
3.04%
$0
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Healthcare Employees Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.92%
29 Emmons Dr Ste C40, Princeton, NJ 08540 5971
Wellness Savings
3.04%
$0
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Financial Resources Federal Credit Union
Institution Rating:
B-4.3 ★Texas Ratio: 23.26%
67 Church St, Flemington, NJ 08822
420 Business Purple Savings
3.03%
$0
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Financial Resources Federal Credit Union
Institution Rating:
B-4.3 ★Texas Ratio: 23.26%
67 Church St, Flemington, NJ 08822
Business Purple Savings
3.03%
$0
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Financial Resources Federal Credit Union
Institution Rating:
B-4.3 ★Texas Ratio: 23.26%
67 Church St, Flemington, NJ 08822
Municipal Purple Savings
3.03%
$0
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Financial Resources Federal Credit Union
Institution Rating:
B-4.3 ★Texas Ratio: 23.26%
67 Church St, Flemington, NJ 08822
Non-Profit Purple Savings
3.03%
$0
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Financial Resources Federal Credit Union
Institution Rating:
B-4.3 ★Texas Ratio: 23.26%
67 Church St, Flemington, NJ 08822
Ultra Purple Savings
3.03%
$0
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Financial Resources Federal Credit Union
Institution Rating:
B-4.3 ★Texas Ratio: 23.26%
67 Church St, Flemington, NJ 08822
Youth Savings
3.03%
$0
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMar 24, 2026
Details
Baxter Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.73%
1 Becton Dr, Franklin Lakes, NJ 07417 1815
SafeGuard Savings, Consumer
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Baxter Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.73%
1 Becton Dr, Franklin Lakes, NJ 07417 1815
SafeGuard Savings, Municipal
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
First Harvest Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.67%
227 Market St, Camden, NJ 08102
Business Savings
3.00%
$0
▼
Rate2.97%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
$1,000 - $99,999.99
First Harvest Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.67%
227 Market St, Camden, NJ 08102
Primary Savings
3.00%
$0
▼
Rate2.97%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
$1,000 - $99,999.99
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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.
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.
Cranford, NJ Savings Rate Trends
Compare local Cranford, NJ savings rate quotes against the statewide average
Weekly savings rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
High-Yield Savings — NJ Avg
0.677%
▲ 0.643 from last week
New Jersey high-yield savings rates rose 0.643 points this week to 0.677% APY, up from 0.033% last week.
Standard Savings — NJ Avg
0.509%
▲ 0.406 from last week
New Jersey standard savings rates rose 0.406 points this week to 0.509% APY, up from 0.103% last week.
As of Mar 27, 2026 •
Rate data sourced from 8,500+ monitored institutions
Powered by MonitorBankRates
Methodology & Data Sources
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Cranford, New Jersey 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 Cranford, New Jersey. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in NJ.
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 Cranford, New Jersey
What is a High-Yield Savings Account (HYSA)?
A High-Yield Savings Account (HYSA) typically pays significantly higher interest than standard accounts at national brick-and-mortar banks. These accounts, often found at online banks or local credit unions in New Jersey, help your money grow faster through a higher APY.
Are savings accounts in Cranford, New Jersey 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 Jersey up to $250,000 per depositor, per institution.
How often do savings rates change in Cranford, New Jersey?
Savings rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local New Jersey rate tables daily to ensure you see the most current high-yield options.
Do I need a minimum deposit to open a savings account?
It depends on the bank. Many online high-yield savings accounts have no minimum deposit requirement, while some traditional banks in Cranford, New Jersey may require $25–$100 to open an account.
What is the difference between a Savings Account and a Money Market Account?
Both pay interest and are federally insured. Money Market Accounts (MMAs) often come with check-writing privileges or a debit card, making them more flexible, whereas standard savings accounts typically do not.
Are online banks better than local banks in Cranford, New Jersey?
Online banks often offer higher APYs because they have lower overhead costs. However, local banks in Cranford, New Jersey offer in-person customer service, which some customers prefer.
How do I open a savings account in Cranford, New Jersey?
You can open a savings account online or in-person. You will generally need a government-issued ID, your Social Security number, and an initial deposit to get started.
Best Savings Rates in Cranford, New Jersey
Here are recent savings rates observed in Cranford, New Jersey and the surrounding area:
- Union County Savings Bank Elizabeth, NJ
High Yield Savings — 3.50% APY - Spencer Savings Bank
Platinum Savings — 1.00% APY - ValleyDirect
Kids First Savings — 0.25% APY - Wells Fargo
Platinum Savings — 0.05% APY - Andrews Federal Credit Union
Online Savings Account — 5.00% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Cranford, New Jersey. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 27, 2026
