Bank · FDIC insured
Carver Federal Savings Bank Savings Rates
Carver Federal Savings Bank’s best savings rate is 4.00% APY on $10,000, with its High Yield Savings. Rates checked October 16, 2026.
How Carver Federal Savings Bank’s savings rates compare
Compared with banks and credit unions near New York, NY-NJ, where Carver Federal Savings Bank has the most branches. $10,000, best rate first.
This bank’s best
Carver Federal Savings Bank
4.00%APY
- Requires
- None
- Minimum
- $5,000
- Earns on $10,000 a year
- $400
High Yield Savings
Top rate
Woori America Bank
5.00%APY
- Requires
- Monthly account activity
- Minimum
- $1,000
- Earns on $10,000 a year
- $500
2nd-highest rate
HSBC USA
4.40%APY
- Requires
- Monthly account activity
- Minimum
- —
- Earns on $10,000 a year
- $440
Carver Federal Savings Bank savings score
96
Savings score
Higher than 98% of U.S. banks and credit unions
- $1,000 balance$1,0000.50%
- $10,000 balance$10,0004.00%
- $100,000 balance$100,0004.00%
- QualifiedQualified4.00%
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 Carver Federal Savings Bank 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.
High Yield Savings
4.00%APY
Exclusive online. Must be 18 years or older, U.S. citizen or resident with SSN. Minimum average daily balance of $5,000 to waive $6 monthly service charge. If minimum daily balance falls below $5,000, rate adjusts to Carver Savings. Interest compounded daily, credited monthly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceExclusive online. Rate adjusts to Carver Savings if minimum daily balance falls below $5,000. $6 monthly fee waived with average daily balance of $5,000.Any balance | 4.00% | $400 | Exclusive online. Rate adjusts to Carver Savings if minimum daily balance falls below $5,000. $6 monthly fee waived with average daily balance of $5,000. |
Sources (2)
All captured Sep 17, 2026
Consumer Promo Money Market
0.50%APY
New deposit funds are required to open the Promo Money Market Account. Required to open a Carver Checking, Carver Community Business Checking, Carver Value Plus Checking or Business Value Plus Interest Checking linked to Promo Money Market account to receive the promotional rate. A $25.00 monthly service fee will be charged if the minimum daily balance falls below $25,000 in a monthly statement cycle and the rate will adjust to the standard money rate.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $25,000Monthly fee of $25.00 applies if minimum daily balance falls below $25,000 in a monthly statement cycle; rate adjusts to standard rate. | 0.50% | $50 | Monthly fee of $25.00 applies if minimum daily balance falls below $25,000 in a monthly statement cycle; rate adjusts to standard rate. |
| $25,000 and upPromotional rate requires new deposit funds and a linked qualifying Carver checking account. $25 monthly service fee waived when minimum daily balance of $25,000 is maintained. | 2.02% | — | Promotional rate requires new deposit funds and a linked qualifying Carver checking account. $25 monthly service fee waived when minimum daily balance of $25,000 is maintained. |
Sources (3)
- carverbank.com/account-rates
- carverbank.com/personal/checking-accounts
- carverbank.com/assets/files/yCf7X4eE
All captured Oct 6, 2026
Premier Money Market
0.50%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $25,000 | 0.50% | $50 |
| $25,000 – $50,000 | 0.75% | — |
| $50,000 and up | 0.80% | — |
Money Market
0.50%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.50% | $50 |
Carver Savings
0.10%APY
Monthly fee of $6.00 waived with average monthly balance of $500.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceMonthly fee of $6.00 waived with average monthly balance of $500.Any balance | 0.10% | $10 | Monthly fee of $6.00 waived with average monthly balance of $500. |
Sources (2)
All captured Sep 17, 2026
Relationship Savings
0.10%APY
Monthly fee of $10 waived with a direct deposit or an average monthly balance of $2,000.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceMonthly fee of $10 waived with a direct deposit or an average monthly balance of $2,000.Any balance | 0.10% | $10 | Monthly fee of $10 waived with a direct deposit or an average monthly balance of $2,000. |
Sources (2)
All captured Sep 17, 2026
Special-purpose accounts
Savings Liquit IRA
0.10%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.10% | $10 |
Sources (1)
- carverbank.com/account-rates · captured Sep 17, 2026
Youth Savings
0.10%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.10% | $10 |
Sources (1)
- carverbank.com/account-rates · captured Sep 17, 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.