Bank · FDIC insured
1st National Bank of Scotia Savings Rates
1st National Bank of Scotia’s best savings rate is 0.85% APY on $10,000, with its Tiered Money Market Accounts. Rates checked October 16, 2026.
How 1st National Bank of Scotia’s savings rates compare
Compared with banks and credit unions near Albany, NY, where 1st National Bank of Scotia has the most branches. $10,000, best rate first.
This bank’s best
1st National Bank of Scotia
0.20%APY
- Requires
- None
- Minimum
- $25
- Earns on $10,000 a year
- $20
Day of Deposit Savings
Top rate
NextStep Federal Credit Union
4.00%APY
- Requires
- Monthly account activity
- Minimum
- $20
- Earns on $10,000 a year
- $400
2nd-highest rate
Pioneer
3.50%APY
- Requires
- None
- Minimum
- —
- Earns on $10,000 a year
- $350
1st National Bank of Scotia savings score
82
Savings score
Higher than 59% of U.S. banks and credit unions
- $1,000 balance$1,0000.20%
- $10,000 balance$10,0000.85%
- $100,000 balance$100,0003.25%
- QualifiedQualified0.85%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where 1st National Bank of Scotia ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Tiered Money Market Accounts
Up to 3.25%APY
Rate may change after account opening. Fees may reduce earnings on account.
| Balance | APY | Minimum | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|---|
| Any balanceLimited time special valid only on new money not currently on deposit with 1st National Bank of Scotia. Rate guaranteed for 9-months from opening date. Account is a variable rate account and APY may change at the bank's discretion. · $50,000 to open | 3.25% | $50,000 | $325 | Limited time special valid only on new money not currently on deposit with 1st National Bank of Scotia. Rate guaranteed for 9-months from opening date. Account is a variable rate account and APY may change at the bank's discretion. |
| $2,500 – $99,999Average daily balance of $2,500 to $99,999 needed to earn stated APY. Tier 1. · $10,000 to open | 0.85% | $10,000 | $85 | Average daily balance of $2,500 to $99,999 needed to earn stated APY. Tier 1. |
| $100,000 – $499,999Average daily balance of $100,000 to $499,999 needed to earn stated APY. Tier 2. · $10,000 to open | 1.21% | $10,000 | — | Average daily balance of $100,000 to $499,999 needed to earn stated APY. Tier 2. |
| $500,000 – $1,499,999Average daily balance of $500,000 to $1,499,999 needed to earn stated APY. Tier 3. · $10,000 to open | 1.83% | $10,000 | — | Average daily balance of $500,000 to $1,499,999 needed to earn stated APY. Tier 3. |
| $1,500,000 and upAverage daily balance of $1,500,000 and over needed to earn stated APY. Tier 4. · $10,000 to open | 2.31% | $10,000 | — | Average daily balance of $1,500,000 and over needed to earn stated APY. Tier 4. |
Sources (2)
All captured Oct 5, 2026
Day of Deposit Savings
0.20%APY
Earn interest from day of deposit to day of withdrawal. No monthly service fees. No balance requirement.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $50 and upMinimum $50 average daily balance required to earn interest. Rate may change after account opening. Fees may reduce earnings on account.$50 and up | 0.20% | $20 | Minimum $50 average daily balance required to earn interest. Rate may change after account opening. Fees may reduce earnings on account. |
Sources (2)
All captured Oct 5, 2026
Special-purpose accounts
1 Year Variable Rate IRA Savings
1.03%APY · 1 term
Penalty for early withdrawal. APY for CDs one year or more are based on quarterly interest.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 12 monthsDuration 1 year. Penalty for early withdrawal | 1.03% | $103 |
Sources (1)
- firstscotia.com/resources/rates · captured Oct 5, 2026
Health Savings Account (HSA)
Up to 0.61%APY
A tax-exempt account established exclusively for the purpose of paying or reimbursing qualified medical expenses not covered by a high-deductible health plan.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceAverage Daily Balance needed to earn stated APY: Below $500. Rate may change after account opening. Fees may reduce earnings on account. | 0.15% | $15 | Average Daily Balance needed to earn stated APY: Below $500. Rate may change after account opening. Fees may reduce earnings on account. |
| $500 – $2,499Average Daily Balance needed to earn stated APY: $500 to $2,499. Rate may change after account opening. Fees may reduce earnings on account. | 0.23% | — | Average Daily Balance needed to earn stated APY: $500 to $2,499. Rate may change after account opening. Fees may reduce earnings on account. |
| $2,500 – $9,999Average Daily Balance needed to earn stated APY: $2,500 to $9,999. Rate may change after account opening. Fees may reduce earnings on account. | 0.40% | — | Average Daily Balance needed to earn stated APY: $2,500 to $9,999. Rate may change after account opening. Fees may reduce earnings on account. |
| $10,000 and upAverage Daily Balance needed to earn stated APY: $10,000 and over. Rate may change after account opening. Fees may reduce earnings on account. | 0.61% | $61 | Average Daily Balance needed to earn stated APY: $10,000 and over. Rate may change after account opening. Fees may reduce earnings on account. |
Sources (2)
All captured Oct 5, 2026
Young Savers
0.25%APY
For children to learn benefits of saving. Earn \"Big Bucks\" with every $5.00 deposited for redemption toward gift cards. No minimum balance requirements.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $50 and upMinimum $50 average daily balance required to earn interest. Rate may change after account opening. Fees may reduce earnings on account.$50 and up | 0.25% | $25 | Minimum $50 average daily balance required to earn interest. Rate may change after account opening. Fees may reduce earnings on account. |
Sources (2)
All captured Oct 5, 2026
Club Accounts
0.10%APY
Selecting the month your account will mature allows you to save for holidays, vacation, or other purposes. Make deposits any time or set up transfers. Automatically renews each year.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $50 and upMinimum $50 average daily balance required to earn interest. Rate may change after account opening. Fees may reduce earnings on account.$50 and up | 0.10% | $10 | Minimum $50 average daily balance required to earn interest. Rate may change after account opening. Fees may reduce earnings on account. |
Sources (2)
All captured Oct 5, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.