Philadelphia, Pennsylvania (PA) Savings Rates - March 2026
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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 Philadelphia, Pennsylvania and the surrounding area include Everence Federal Credit UnionEverence Federal Credit Union861 E Allegheny Ave, Philadelphia, PA 19134A5.0 ★Texas Ratio: 8.68% Youth savings at 5.00% APY, Ukrainian Selfreliance Federal Credit UnionUkrainian Selfreliance Federal Credit Union14425 Bustleton Ave, Philadelphia, PA 19116A+5.0 ★Texas Ratio: 1.47% IRA Savings at 4.08% APY, Pennsylvania State Employees Credit UnionPennsylvania State Employees Credit Union12901 Townsend Rd, Philadelphia, PA 19154 1021A+5.0 ★Texas Ratio: 5.69% Youth Savings at 4.00% APY, Philadelphia Federal Credit UnionPhiladelphia Federal Credit Union1108 Chestnut St, Philadelphia, PA 19107 4802A+5.0 ★Texas Ratio: 5.07% Higher Yield Savings at 3.50% APY, and PNC BankPNC Bank801 Christian St, Philadelphia, PA 19147A5.0 ★Texas Ratio: 6.83% PNC High Yield Savings® at 3.25% APY. Savings rates as of March 27, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Philadelphia, Pennsylvania, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Philadelphia, Pennsylvania (PA) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Philadelphia, Pennsylvania and the surrounding area. Last Updated and Verified: March 27, 2026
Compare the Best Savings Rates in Philadelphia, Pennsylvania & Surrounding Communities
Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Everence Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.68%
861 E Allegheny Ave, Philadelphia, PA 19134
Youth savings
5.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Qualifying balance up to $1,000.00
Ukrainian Selfreliance Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.47%
14425 Bustleton Ave, Philadelphia, PA 19116
IRA Savings
4.08%
$0
▼
Rate4.00%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Pennsylvania State Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.69%
12901 Townsend Rd, Philadelphia, PA 19154 1021
Youth Savings
4.00%
$0
▼
Rate3.93%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Qualifying balance up to $500.00
Philadelphia Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.07%
1108 Chestnut St, Philadelphia, PA 19107 4802
Higher Yield Savings
3.50%
$0
▼
Rate3.44%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
801 Christian St, Philadelphia, PA 19147
PNC High Yield Savings®
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Franklin Mint Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.37%
3200 Chestnut St, Philadelphia, PA 19104 3395
BUSINESS POWER SAVINGS
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Self Reliance NY Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
2307 Brown St, Philadelphia, PA 19130
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%
14425 Bustleton Ave, Philadelphia, PA 19116
High Yield Savings
3.20%
$0
▼
Rate3.15%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Trouvaille Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.39%
4700 Wissahickon Ave, Philadelphia, PA 19144 4248
High Yield Savings
3.10%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
American Heritage Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.69%
2060 Red Lion Rd, Philadelphia, PA 19115 1603
High-Yield Savings2
3.10%
$0
▼
Rate3.06%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
American Heritage Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.69%
2060 Red Lion Rd, Philadelphia, PA 19115 1603
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
Freedom Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.12%
9910 Frankford Ave, Philadelphia, PA 19114 1900
High-Yield Savings Account
3.04%
$10,000
▼
Rate3.00%
Min Deposit$10,000
Min Balance—
UpdatedMar 23, 2026
Details
Everence Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.68%
861 E Allegheny Ave, Philadelphia, PA 19134
Jubilee savings
3.00%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Qualifying balance up to $1,000.00
Franklin Mint Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.37%
3200 Chestnut St, Philadelphia, PA 19104 3395
POWER SAVINGS
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Parke Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.65%
1610 Spruce St, Philadelphia, PA 19103
Parke Platinum Plus Savings and higher
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
$25,000
Parke Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.65%
1610 Spruce St, Philadelphia, PA 19103
Parke Platinum Plus Savings
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
if over $100
Everence Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.68%
861 E Allegheny Ave, Philadelphia, PA 19134
Relationship savings
2.75%
$0
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Qualifications Required: personal checking account; debit card; Qualifying balance up to $5,000.00
Tioga-Franklin Savings Bank
Institution Rating:
F1.0 ★Texas Ratio: 64.89%
320 E Girard Ave, Philadelphia, PA 19125
IRA Savings
2.02%
$0
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedMar 20, 2026
Details
Rate 4.00% over $100,000 , Rate 3.00% over $10,000 , Rate 2.00% over 0.00
Franklin Mint Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.37%
3200 Chestnut St, Philadelphia, PA 19104 3395
BUSINESS POWER SAVINGS
1.75%
$0
▼
Rate1.74%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Franklin Mint Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.37%
3200 Chestnut St, Philadelphia, PA 19104 3395
POWER SAVINGS
1.50%
$0
▼
Rate1.49%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Meridian Bank
Institution Rating:
A-5.0 ★Texas Ratio: 15.25%
1760 Market St, Philadelphia, PA 19103
Essential Savings
1.50%
$0
▼
Rate1.49%
Min Deposit$0
Min Balance—
UpdatedMar 27, 2026
Details
Philadelphia Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.07%
1108 Chestnut St, Philadelphia, PA 19107 4802
Higher Yield Savings
1.30%
$0
▼
Rate1.29%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
United Savings Bank Philadelphia, PA
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
1510 Packer Ave, Philadelphia, PA 19145
UniSavings Money Market
1.25%
$0
▼
Rate1.24%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
United Savings Bank Philadelphia, PA
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
1510 Packer Ave, Philadelphia, PA 19145
UniSavings Money Market
1.05%
$0
▼
Rate1.05%
Min Deposit$0
Min Balance—
UpdatedMar 22, 2026
Details
Port Richmond Savings
Institution Rating:
A+5.0 ★Texas Ratio: 2.92%
2522 E Allegheny Ave, Philadelphia, PA 19134
Passbook Savings
1.00%
$25
▼
Rate0.99%
Min Deposit$25
Min Balance—
UpdatedMar 24, 2026
Details
Eagle One Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 13.26%
7500 Lindbergh Blvd, Philadelphia, PA 19176
Holiday Club Savings
1.00%
$0
▼
Rate1.01%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Democracy Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.72%
300 Spring Garden St, Philadelphia, PA 19123
IRA Savings
1.00%
$0
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Balances of $3,500 and over
Police And Fire Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.62%
901 Arch St, Philadelphia, PA 19107 2404
Education Savings Account
1.00%
$0
▼
Rate0.99%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Police And Fire Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.62%
901 Arch St, Philadelphia, PA 19107 2404
Education Savings Account (S18)
1.00%
$0
▼
Rate0.99%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Police And Fire Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.62%
901 Arch St, Philadelphia, PA 19107 2404
Savings Plus Account
1.00%
$0
▼
Rate0.99%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Police And Fire Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.62%
901 Arch St, Philadelphia, PA 19107 2404
Savings Plus Account (S5)
1.00%
$0
▼
Rate0.99%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
Sun Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.22%
2800 W Passyunk Ave, Philadelphia, PA 19145 5206
Health Savings Accounts Tier 3 MVP
1.00%
$0
▼
Rate1.00%
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details
Franklin Mint Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.37%
3200 Chestnut St, Philadelphia, PA 19104 3395
BUSINESS SUPER SAVER SAVINGS
1.00%
$0
▼
Rate0.99%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Franklin Mint Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.37%
3200 Chestnut St, Philadelphia, PA 19104 3395
SUPER SAVER SAVINGS
1.00%
$0
▼
Rate0.99%
Min Deposit$0
Min Balance—
UpdatedMar 26, 2026
Details
Sun Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.22%
2800 W Passyunk Ave, Philadelphia, PA 19145 5206
Health Savings Accounts Tier 2 MVP
0.75%
$0
▼
Rate0.75%
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details
Democracy Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.72%
300 Spring Garden St, Philadelphia, PA 19123
IRA Savings
0.75%
$0
▼
Rate0.75%
Min Deposit$0
Min Balance—
UpdatedMar 25, 2026
Details
Balances of less than $3,500
Sun Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.22%
2800 W Passyunk Ave, Philadelphia, PA 19145 5206
Health Savings Accounts Tier 1 MVP
0.60%
$0
▼
Rate0.60%
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details
Sun Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.22%
2800 W Passyunk Ave, Philadelphia, PA 19145 5206
Health Savings Accounts Tier 3
0.60%
$0
▼
Rate0.60%
Min Deposit$0
Min Balance—
UpdatedMar 15, 2026
Details
Parke Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.65%
1610 Spruce St, Philadelphia, PA 19103
Parke Platinum Plus Savings
0.35%
$0
▼
Rate0.35%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
$7.00 monthly if below $100
Parke Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.65%
1610 Spruce St, Philadelphia, PA 19103
Statement Savings
0.35%
$0
▼
Rate0.35%
Min Deposit$0
Min Balance—
UpdatedMar 21, 2026
Details
$7.00 monthly if below $100
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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.
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.
Philadelphia, PA Savings Rate Trends
Compare local Philadelphia, PA 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 — PA Avg
1.193%
▲ 1.143 from last week
Pennsylvania high-yield savings rates rose 1.143 points this week to 1.193% APY, up from 0.050% last week.
Standard Savings — PA Avg
0.356%
▲ 0.119 from last week
Pennsylvania standard savings rates rose 0.119 points this week to 0.356% APY, up from 0.237% last week.
As of Mar 28, 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 Philadelphia, Pennsylvania 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 Philadelphia, Pennsylvania. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in PA.
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 Philadelphia, Pennsylvania
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 Pennsylvania, help your money grow faster through a higher APY.
Are savings accounts in Philadelphia, Pennsylvania 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 Pennsylvania up to $250,000 per depositor, per institution.
How often do savings rates change in Philadelphia, Pennsylvania?
Savings rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Pennsylvania 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 Philadelphia, Pennsylvania 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 Philadelphia, Pennsylvania?
Online banks often offer higher APYs because they have lower overhead costs. However, local banks in Philadelphia, Pennsylvania offer in-person customer service, which some customers prefer.
How do I open a savings account in Philadelphia, Pennsylvania?
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 Philadelphia, Pennsylvania
Here are recent savings rates observed in Philadelphia, Pennsylvania and the surrounding area:
- Everence Federal Credit Union
Youth savings — 5.00% APY - Ukrainian Selfreliance Federal Credit Union
IRA Savings — 4.08% APY - Pennsylvania State Employees Credit Union
Youth Savings — 4.00% APY - Philadelphia Federal Credit Union
Higher Yield Savings — 3.50% APY - PNC Bank
PNC High Yield Savings® — 3.25% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Philadelphia, Pennsylvania. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 27, 2026
Philadelphia, Pennsylvania Rates & Resources
