The best savings rates for Schenectady, New York and the surrounding area include BROADVIEWBROADVIEW3200 Balltown Rd, Schenectady, NY 12304A+5.0 ★Texas Ratio: 0.00% High Yield Savings at 3.05% APY, Sunmark Credit UnionSunmark Credit Union1616 Broadway, Schenectady, NY 12306A5.0 ★Texas Ratio: 11.71% Savings Accounts at 3.00% APY, FNB of ScotiaFNB of Scotia120 Erie Blvd, Schenectady, NY 12305A5.0 ★Texas Ratio: 8.63% 1 Year Variable Rate IRA Savings at 1.03% APY, TrustCo BankTrustCo Bank1048 State St, Schenectady, NY 12307A+5.0 ★Texas Ratio: 3.16% Home Town Savings at 0.95% APY, and NBT BankNBT Bank433 State St, Schenectady, NY 12305A+5.0 ★Texas Ratio: 1.76% Health Savings Accounts Tier 4 at 0.30% APY. Savings rates as of March 26, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Schenectady, New York, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Schenectady, New York (NY) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Schenectady, New York and the surrounding area. Last Updated and Verified: March 26, 2026
$10,000 and over
$2,500 to $9,999
minimum $50 average daily balance required to earn interest
$500 to $2,499
Fees may reduce earnings. Rates set monthly. Dividends compounded monthly.
Minimum balance of $1 on Primary Share Savings only. Fees may reduce earnings. Rates set monthly. Dividends compounded monthly.
Below $500
Qualifying balance up to $10,000.00
Earn a great rate, plus get $25 when balance reaches $1,000.
Qualifying balance up to $5,000.00
Balances $0.00 - $1,000.00
Qualifying balance up to $1,000.00
Qualifying balance up to $500.00
Qualifying balance up to $1,000.00
Qualifying balance up to $10,000
UP TO AGE 21
Qualifying balance up to $1,000.00
when you add Direct Deposit to a new or existing Justice Federal Checking Account.
Compare local Schenectady, NY 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.
New York high-yield savings rates rose 0.383 points this week to 1.261% APY, up from 0.878% last week.
New York standard savings rates fell 0.207 points this week to 0.773% APY, down from 0.980% last week.
Direct-Sourced & Verified Savings Rate Data: We aggregate savings 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 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 Schenectady, New York. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in NY.
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.