Ad Disclaimer

Savings & Money Market Rates 2022

FDIC Insured up to $250,000  •  National rate is 0.06%  •  May 18th, 2022

What you'll need to open your new account

Savings (Rate as of 05/18/2022)
0.60%APY
Star Icon Star Icon Star Icon Star Icon Star Icon
  • For APY: $1
  • Rate: 0.60%
  • No Monthly Fees
  • Write Checks: No
Read Review
Next >
Member FDIC No monthly fee. Competitive APY. 24/7 account access. Min to Earn APY = $1
Other Banks
Rates as of May 18th, 2022
Banks & Reviews APY Rate For APY
Sandy Spring Bank (MMA) 0.01% 0.01% $2,500
Burke & Herbert Bank & Trust Company (MMA) 0.01% 0.01% $1,000
Truist (MMA) 0.01% 0.01% $200
Bank of America (Savings) 0.01% 0.01% $100
First Horizon Bank (Savings) 0.01% 0.01% $50
First Horizon Bank (MMA) 0.01% 0.01% $50
Burke & Herbert Bank & Trust Company (Savings) 0.01% 0.01% $50
Wells Fargo (MMA) 0.01% 0.01% $50
Truist (Savings) 0.01% 0.01% $25
Sandy Spring Bank (Savings) 0.01% 0.01% $25
Wells Fargo (Savings) 0.01% 0.01% $25
Amalgamated Bank (Savings) 0.01% 0.01% $1
TD Bank, NA (MMA) 0.01% 0.01% $1
TD Bank, NA (Savings) 0.02% 0.02% $1
Applied Bank (MMA) 0.02% 0.02% $500
TD Bank, NA (MMA $25k) 0.02% 0.02% $25,000
First Horizon Bank (MMA $25k) 0.02% 0.02% $25,000
Burke & Herbert Bank & Trust Company (MMA $25k) 0.03% 0.03% $25,000
Pendleton Community Bank, Inc. (Savings) 0.03% 0.03% $50
Armed Forces Bank, N.A. (Savings) 0.03% 0.03% $25
Woodforest National Bank (Savings) 0.03% 0.03% $25
Northwest Federal Credit Union (MMA) 0.03% 0.03% $1
Washington Savings Bank (Savings) 0.05% 0.05% $50
Citibank (MMA) 0.05% 0.05% $100
Union Bank (Michigan) (Savings) 0.05% 0.05% $50
United Bank (Savings) 0.05% 0.05% $50
Amalgamated Bank (MMA) 0.05% 0.05% $1
Armed Forces Bank, N.A. (MMA) 0.05% 0.05% $25
Woodforest National Bank (MMA) 0.05% 0.05% $25
Apple Federal Credit Union (Savings) 0.05% 0.05% $5
Langley FCU (MMA) 0.05% 0.05% $100
Northwest Federal Credit Union (Savings) 0.05% 0.05% $1
Applied Bank (Savings) 0.05% 0.05% $100
Old Dominion National Bank (MMA) 0.05% 0.05% $1,000
Langley FCU (Savings) 0.05% 0.05% $100
Washington Savings Bank (MMA) 0.05% 0.05% $2,500
Old Dominion National Bank (Savings) 0.05% 0.05% $100
Woodforest National Bank (Savings $10k) 0.05% 0.05% $10,000
Union Bank (Michigan) (MMA) 0.05% 0.05% $5,000
Amalgamated Bank (Savings $10k) 0.05% 0.05% $10,000
Pendleton Community Bank, Inc. (MMA) 0.05% 0.05% $1,000
Farmers Bank (MMA) 0.05% 0.05% $1,000
Fulton Bank, NA (MMA) 0.05% 0.05% $1,000
United Bank (MMA) 0.05% 0.05% $1,000
Fulton Bank, NA (MMA $10k) 0.06% 0.06% $10,000
Fulton Bank, NA (MMA $25k) 0.07% 0.07% $25,000
Amalgamated Bank (MMA $25k) 0.10% 0.10% $25,000
Old Dominion National Bank (Savings $25k) 0.10% 0.10% $25,000
Pendleton Community Bank, Inc. (MMA $25k) 0.10% 0.10% $25,000
Union Bank (Michigan) (Savings $10k) 0.10% 0.10% $10,000
Langley FCU (MMA $10k) 0.10% 0.10% $10,000
Farmers Bank (MMA $10k) 0.10% 0.10% $10,000
UFB Direct (MMA) 0.10% 0.10% $5,000
State Department Federal Credit Union (Savings) 0.10% 0.10% $1
Northwest Federal Credit Union (MMA $25k) 0.11% 0.11% $25,000
Union Bank (Michigan) (Savings $25k) 0.15% 0.15% $25,000
Farmers Bank (MMA $25k) 0.15% 0.15% $25,000
Presidential Bank, FSB (Savings) 0.15% 0.15% $100
Apple Federal Credit Union (MMA) 0.15% 0.15% $5
Investors eAccess (MMA) 0.15% 0.15% $0
Langley FCU (MMA $25k) 0.20% 0.20% $25,000
Virginia Credit Union (MMA) 0.20% 0.20% $10,000
UFB Direct (Savings) 0.20% 0.20% $10,000
Lone Star Bank (MMA) 0.25% 0.25% $250
Northpointe Bank (Savings) 0.25% 0.25% $100
First Internet Bank of Indiana (Savings) 0.25% 0.25% $25
Presidential Bank, FSB (MMA) 0.25% 0.25% $1,000
Northpointe Bank (MMA) 0.25% 0.25% $2,500
Presidential Bank, FSB (MMA $10k) 0.30% 0.30% $10,000
Northpointe Bank (Savings $10k) 0.35% 0.34% $10,000
Northpointe Bank (MMA $10k) 0.35% 0.34% $10,000
BMO Harris Bank (MMA) 0.35% 0.35% $5,000
PurePoint Financial (Savings) 0.40% 0.40% $10,000
Apple Federal Credit Union (MMA $10k) 0.40% 0.40% $10,000
State Department Federal Credit Union (MMA) 0.40% 0.40% $2,000
Lone Star Bank (Savings) 0.40% 0.40% $200
VirtualBank (MMA) 0.40% 0.40% $100
State Department Federal Credit Union (MMA $25k) 0.45% 0.45% $25,000
Apple Federal Credit Union (MMA $25k) 0.45% 0.45% $25,000
First Internet Bank of Indiana (MMA) 0.50% 0.50% $100
Discover Bank (MMA) 0.50% 0.50% $0
MySavingsDirect (Savings) 0.50% 0.50% $1
TIAA Bank (MMA) 0.50% 0.49% $500
BankDirect (MMA) 0.50% 0.50% $10,000
BrioDirect (MMA) 0.55% 0.55% $100
Valley Direct (Savings) 0.55% 0.55% $1
TIAA Bank (Savings) 0.60% 0.59% $25
Quorum (Savings) 0.60% 0.60% $1
Capital One (Savings) 0.60% 0.60% $0
Ally Bank (MMA) 0.60% 0.60% $0
Synchrony Bank (Savings) 0.60% 0.60% $0
Discover Bank (Savings) 0.60% 0.60% $0
Ally Bank (Savings) 0.60% 0.60% $0
Northpointe Bank (MMA $25k) 0.65% 0.64% $25,000
Rising Bank (Savings) 0.65% 0.65% $1,000
Pentagon Federal Credit Union (Savings) 0.70% 0.70% $0
CIT Bank (MMA) 0.70% 0.70% $0
CIBC Bank USA (Savings) 0.72% 0.72% $1
Citizens Access (Savings) 0.75% 0.75% $5,000
Popular Direct (Savings) 0.75% 0.75% $5,000
Valley Direct (Savings) 0.75% 0.75% $1
DollarSavingsDirect (Savings) 0.75% 0.75% $1
Sallie Mae (MMA) 0.75% 0.75% $0
Vio Bank (Savings) 0.80% 0.80% $100
Colorado Federal Savings Bank (Savings) 0.80% 0.80% $1
Live Oak Bank (Savings) 0.80% 0.80% $0
UFB Direct (Savings) 0.81% 0.81% $0
LendingClub (Savings) 0.85% 0.85% $0
CIT Bank (Savings) 0.90% 0.90% $0
My Banking Direct, a service of NY Community Bank (Savings) 1.00% 1.00% $1
Salem Five Direct (Savings) 1.01% 1.01% $10
CFG Community Bank (MMA) 1.02% 1.02% $1,000

The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guarantee the accuracy or availability of any rates shown. Institutions may have different rates on their own websites than those posted on Bankrate.com. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own website where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

For details on our best products and how we chose them click here.

Rates proudly provided by Bankrate logo

1 APY stands for Annual Percent Yield. It's different from Rate because it takes into account compounding interest for the year.

2 MMA stands for Money Market Account. It's a savings and checking hybrid, allowing you to earn interest and use checks 6 times a month.