Vermont Savings Rates - October 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Vermont savings account rates range from 0.10% to 4.07% APY, verified by MonitorBankRates as of October 13, 2026. The best savings rates for Vermont include Claremont Savings BankClaremont Savings Bank85 Main St, Springfield, VT 05156A+5.0 ★Texas Ratio: 3.01%Real return: +1.27%APY minus 2.8% CPI (February 2026) Aspire Youth Savings at 4.07% APY, Vermont Federal Credit UnionVermont Federal Credit Union84 Pine St, Burlington, VT 05401 4441A+5.0 ★Texas Ratio: 3.32%Real return: +1.20%APY minus 2.8% CPI (February 2026) High Yield Savings - Limited Time Special Rate at 4.00% APY, Mascoma BankMascoma Bank270 River St, Springfield, VT 05156A+5.0 ★Texas Ratio: 1.41%Real return: +0.70%APY minus 2.8% CPI (February 2026) Build Savings at 3.50% APY, Beacon Bank and TrustBeacon Bank and Trust4912 Main St, Manchester Center, VT 05255A+5.0 ★Texas Ratio: 5.36%Real return: +0.40%APY minus 2.8% CPI (February 2026) Beacon One Savings at 3.20% APY, and Citizens AccessCitizens Access47 Merchants Row, Rutland, VT 05701A+5.0 ★Texas Ratio: 5.44%Real return: +0.00%APY minus 2.8% CPI (February 2026) Savings account at 2.80% APY.
Use the tables below to compare savings rates across Vermont side-by-side. Vermont savings rates currently reach as high as 4.07% APY from Claremont Savings Bank at 85 Main St, Springfield, VT 05156. Rates are continually updated, so we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Vermont and the surrounding area. Last Updated and Verified: October 13, 2026
Compare the Best Savings Rates in Vermont
Balance: $.01 - $999.99
Balance: $0.01 - $5,000.00; Special 4.00% APY applies until 12/31/2026, then converts to a Special Savings Account at market rates; Limit of 1 High Yield Savings Account per member; Must be a member to open; $5 share deposit required for membership
Balance: $0.01-$4,999.99
Balance: $.01 and up
- Oct 8, 20263.25%▲ from 3.05%
- Sep 14, 20263.05%first recorded
Requires a Beacon Bank checking account with an OWNERSHIP relationship.
Balance: $100,000.00
2.80% APY for balances of $0.01 - $4,999.99; 2.80% APY for balances of $5,000 or more.
Balance: $25,000.00 - $99,999.99
Balance: $5,000.00 - $24,999.99
Interest rates, annual percentage rates (APRs), and annual percentage yields (APYs) are current as of 9/28/2026, and may be subject to change without notice. Call for current rates.
Balance: Up to $75,000
- Oct 7, 20261.00%▲ from 0.05%
- Sep 24, 20260.05%first recorded
Dividends paid Quarterly
$250,000 and above; Balance: $250,000 and above
$100,000; Balance: $100,000 to $249,999.99
$50,000; Balance: $50,000 to $99,999.99
Dividends paid monthly
$20,000; Balance: $20,000 to $49,999.99
Balance: $50,000 and over
Balance: $50,000 and over
Balance: $50,000
Balance: $50,000 and over
Balance: $10,000 and up
Balance: $1,000.00 - $4,999.99
Balance: $1,000.00 and up
No Minimum
No Minimum
No Minimum
Balance: $25,000 - $49,999.99
Balance: $25,000 - $49,999.99
Balance: $25,000
Balance: $25,000 - $49,999.99
Balance: $5,000 & Up
$250,000 and above; Balance: $250,000 and above
Balance: $1,000 - $9,999
Balance: $10,000 - $24,999.99
Balance: $10,000
Balance: $10,000 - $24,999.99
Dividends paid monthly. ($25.00 minimum to receive dividends)
Balance: Tier 4 - Average daily balance $50,000 +
$100,000; Balance: $100,000 to $249,999.99
Individual Retirement Account (IRA) Shares/Savings Rates; Effective 10-13-2026
Effective 10-13-2026
Effective 10-13-2026
Dividends paid Quarterly
Dividends paid Quarterly
APY reflects the current minimum APY offered. Fees may reduce earnings.
Savings Accounts
Minimum balance to earn APY:; APY reflects current minimum APY offered; Fees could reduce earnings; Early withdrawal penalties may apply to Certificates
Savings Accounts
Balance: $0 - $4,999.99
Minimum Balance to Avoid a Service Fee: $5
Set at Each Quarter End, Subject to Change; Last Dividend Declaration Date: 06/09/26
- Sep 29, 20260.10%▼ from 0.25%
- Sep 21, 20260.25%▲ from 0.10%
- Sep 14, 20260.10%first recorded
Share Savings section; Share Type: Shares
Dividend Rate 0.10%; APY 0.10%
Dividend Rate 0.10%; APY 0.10%
Dividend Rate 0.10%; APY 0.10%
Dividend Rate 0.10%; APY 0.10%
Dividend Rate 0.10%; APY 0.10%
Dividend Rate 0.10%; APY 0.10%
Dividend Rate 0.10%; APY 0.10%; $10 minimum for joint account; dividends compounded and paid quarterly
Special Share account; no minimum balance; no monthly maintenance fees; personalized account naming
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.
Vermont Savings Rate Trends
Compare local Vermont 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.
Vermont high-yield savings rates rose 0.022 points over the past 7 days to 2.207% APY, up from 2.185%.
Vermont standard savings rates rose 0.029 points over the past 7 days to 0.527% APY, up from 0.498%.
Vermont Savings Rate Forecast, Next 12 Months
Savings rates move with Federal Reserve policy. Our model uses the current VT 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 VT high-yield savings average of 2.207% 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 Vermont.
Savings Account Earnings in Vermont
Annual interest earnings at current VT average APYs, based on the high-yield and standard savings averages tracked in our database. Compounding assumed monthly.
| Balance | HY Savings (2.207% APY) | Monthly Earnings | Standard Savings (0.527% APY) | Monthly Earnings |
|---|---|---|---|---|
| $5,000 | $110.36 / year | $9.20 | $26.37 / year | $2.20 |
| $10,000 | $220.71 / year | $18.39 | $52.74 / year | $4.40 |
| $25,000 | $551.78 / year | $45.98 | $131.85 / year | $10.99 |
| $50,000 | $1,103.55 / year | $91.96 | $263.70 / year | $21.97 |
| 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: Vermont savings rate averages as of October 13, 2026. | ||||
About Our Vermont Savings Rate Database
MonitorBankRates tracks 62 savings rates from 10 banks and 9 credit unions offering savings accounts to Vermont 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: Claremont Savings Bank offers a savings account at 4.07% APY with a minimum deposit of $1. Use the rate table above to compare all current offers in Vermont.
How to Find the Best Savings Rates in Vermont
What to compare when shopping for a savings account in Vermont
To find the best savings APYs in Vermont, start with credit unions and online-only banks: Vermont has 9 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 VT high-yield savings average is 2.207% but top local institutions are offering as high as 4.07%, 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. Vermont high-yield savings rates currently average 2.207% 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 Vermont institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 19 institutions in Vermont report savings rates to our database.
- You’re among Vermont’s 21.4% of residents aged 65+ for whom liquid, accessible savings complement fixed-income holdings.
- 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 Vermont CD rates
- You want check-writing flexibility Vermont money market rates
- You need daily transaction access Vermont checking rates
Vermont Financial Snapshot
Local demographics and economic context for savers. Source: U.S. Census Bureau
21.4% of residents are 65 or older, above the national average of 17.3%, making liquid, accessible savings accounts a particularly relevant option in this market; a low unemployment rate of 3.5% reflects a strong local economy with solid savings capacity. At today’s VT high-yield savings average of 2.207%, saving 10% of the local median salary ($4,594/year) would earn an additional $101 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Savings Accounts vs. Other Vermont Options
How high-yield savings accounts compare to other deposit products available at banks and credit unions in Vermont.
| Feature | High-Yield Savings | Standard Savings | Money Market | CD (12-Month) |
|---|---|---|---|---|
| Current VT Avg APY | 2.207% | 0.527% | 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 Vermont 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 Vermont
At VT’s top rate of 4.07% from Claremont Savings Bank, a $10,000 deposit earns $407 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Vermont earner is roughly $11,500. At 2.207% APY, saving $960/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. High-Yield SavingsVermont’s high-yield savings average is 2.207% 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 Vermont earner makes $45,940/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 2.207% APY.
Retirement PlannerA $25,000 high-yield savings balance earning 2.207% APY grows to roughly $38,687 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 Vermont 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 Vermont 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 Vermont. We feature a comprehensive mix of institutions, from neighborhood credit unions and competitive regional banks to large national institutions available to savers in VT.
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 Vermont
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Vermont safe?
How often do savings rates change in Vermont?
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 Vermont?
How do I open a savings account in Vermont?
Best Savings Rates in Vermont
- Claremont Savings Bank
Aspire Youth Savings: 4.07% APY - Vermont Federal Credit Union
High Yield Savings - Limited Time Special Rate: 4.00% APY - Mascoma Bank
Build Savings: 3.50% APY - Beacon Bank and Trust
Beacon One Savings: 3.20% APY - Citizens Access
Savings account: 2.80% APY
Cities in Vermont
