Bank · FDIC insured
Chemung Canal Trust Company Savings Rates
Chemung Canal Trust Company’s best savings rate is 0.02% APY on $10,000, with its Money Market Account. Rates checked October 16, 2026.
How Chemung Canal Trust Company’s savings rates compare
Compared with banks and credit unions near Albany, NY, where Chemung Canal Trust Company has the most branches. $10,000, best rate first.
This bank’s best
Chemung Canal Trust Company
0.02%APY
- Requires
- None
- Minimum
- $25
- Earns on $10,000 a year
- $2
Personal 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
Chemung Canal Trust Company savings score
60
Savings score
Higher than 1% of U.S. banks and credit unions
- $1,000 balance$1,0000.02%
- $10,000 balance$10,0000.02%
- $100,000 balance$100,0000.03%
- QualifiedQualified0.02%
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 Chemung Canal Trust Company 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.
Personal Prestige Insured Money Market Account (IMMA)
Up to 0.05%APY
Requires a Chemung Canal checking account and a minimum balance of $25,000 to open. Tiered interest rate based on daily ledger balance. Variable interest rate. Monthly service charge of $15 if daily ledger balance is less than $25,000. No interest paid on daily ledger balances below $1,000. Six checks per month.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceTier for balances less than $1,000. Requires a Chemung Canal checking account to open. Monthly service charge of $15 if daily ledger balance is less than $25,000. | 0.00% | $0 | Tier for balances less than $1,000. Requires a Chemung Canal checking account to open. Monthly service charge of $15 if daily ledger balance is less than $25,000. |
| $1,000 – $24,999Requires a Chemung Canal checking account to open. Monthly service charge of $15 if daily ledger balance is less than $25,000. | 0.05% | $5 | Requires a Chemung Canal checking account to open. Monthly service charge of $15 if daily ledger balance is less than $25,000. |
| $25,000 and upRequires a Chemung Canal checking account to open. Monthly service charge of $15 if daily ledger balance is less than $25,000. | 0.10% | — | Requires a Chemung Canal checking account to open. Monthly service charge of $15 if daily ledger balance is less than $25,000. |
Money Market Account
0.02%APY
Tiered interest rate based on daily ledger balance. Variable interest rate. Monthly service charge of $10 if daily ledger balance is less than $1,000. No interest paid on daily ledger balances below $1,000. Maximum six checks per month. Unlimited in-person/ATM withdrawals or automatic loan payment transfers.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $1,000 – $24,999Monthly service charge of $10 if daily ledger balance is less than $1,000. No interest is earned on daily ledger balances under $1,000. | 0.02% | $2 | Monthly service charge of $10 if daily ledger balance is less than $1,000. No interest is earned on daily ledger balances under $1,000. |
| $25,000 and upMonthly service charge of $10 if daily ledger balance is less than $1,000. No interest is earned on daily ledger balances under $1,000. | 0.03% | — | Monthly service charge of $10 if daily ledger balance is less than $1,000. No interest is earned on daily ledger balances under $1,000. |
Personal Savings
0.02%APY
Variable interest rate account. No service charges when $250 minimum balance is maintained. Minimum daily ledger balance to obtain annual percentage yield is $250. Interest compounds quarterly and is credited on the last business day of each quarter.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $250 and upMinimum daily ledger balance of $250 to earn stated APY and avoid service charge. Interest compounds quarterly.$250 and up | 0.02% | $2 | Minimum daily ledger balance of $250 to earn stated APY and avoid service charge. Interest compounds quarterly. |
Special-purpose accounts
IRA Money Market
0.00%APY
Minimum deposit to open is $1,000. Interest is paid quarterly. Minimum daily balance to obtain stated APY is $1,000. Early withdrawal penalty may apply. Variable interest rate subject to change.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceTier for balances less than $1,000. No interest earned on daily balances under $1,000. | 0.00% | $0 | Tier for balances less than $1,000. No interest earned on daily balances under $1,000. |
| $1,000 – $24,999 | 0.00% | $0 | |
| $25,000 – $99,999 | 0.03% | — | |
| $100,000 – $499,999 | 0.05% | — | |
| $500,000 – $999,999 | 0.07% | — | |
| $1,000,000 and upTier for balances greater than $1,000,000. | 0.10% | — | Tier for balances greater than $1,000,000. |
Sources (1)
- chemungcanal.com/rates · 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.