Credit union · NCUA insured
First New York Federal Credit Union Savings Rates
Top CarrotFirst New York Federal Credit Union’s best savings rate is 0.10% APY on $10,000, with its Money Market. Rates checked September 26, 2026.
How First New York Federal Credit Union’s savings rates compare
Compared with banks and credit unions near Albany, NY, where First New York Federal Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
First New York Federal Credit Union
0.10%APY
- Requires
- None
- Minimum
- —
- Earns on $10,000 a year
- $10
Primary Share Savings Account
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
First New York Federal Credit Union savings score
65
Savings score
Higher than 15% of U.S. banks and credit unions
- $1,000 balance$1,0000.10%
- $10,000 balance$10,0000.10%
- $100,000 balance$100,0000.25%
- QualifiedQualified0.10%
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 First New York Federal Credit Union ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Premium Money Market
Up to 0.30%APY
Dividends compounded monthly. No minimum to open. $75,000 minimum balance must be maintained to earn dividends. Rates subject to change. Fees may reduce earnings on this account.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $75,000 – $150,000Dividends compounded monthly. $75,000 minimum balance must be maintained to earn dividends. | 0.25% | — | Dividends compounded monthly. $75,000 minimum balance must be maintained to earn dividends. |
| $150,000 and upDividends compounded monthly. $75,000 minimum balance must be maintained to earn dividends. | 0.30% | — | Dividends compounded monthly. $75,000 minimum balance must be maintained to earn dividends. |
Money Market
0.10%APY
Dividends are compounded monthly. No minimum to open. $2,500 minimum balance must be maintained to earn dividends. Rates subject to change. Fees may reduce earnings on this account.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $2,500 – $10,000Dividends are compounded monthly. $2,500 minimum balance must be maintained to earn dividends. | 0.10% | — | Dividends are compounded monthly. $2,500 minimum balance must be maintained to earn dividends. |
| $10,000 – $25,000Dividends are compounded monthly. $2,500 minimum balance must be maintained to earn dividends. | 0.10% | $10 | Dividends are compounded monthly. $2,500 minimum balance must be maintained to earn dividends. |
| $25,000 – $50,000Dividends are compounded monthly. $2,500 minimum balance must be maintained to earn dividends. | 0.15% | — | Dividends are compounded monthly. $2,500 minimum balance must be maintained to earn dividends. |
| $50,000 and upDividends are compounded monthly. $2,500 minimum balance must be maintained to earn dividends. | 0.20% | — | Dividends are compounded monthly. $2,500 minimum balance must be maintained to earn dividends. |
Primary Share Savings Account
0.10%APY
Minimum balance of $1 on Primary Share Savings only. Unlimited deposits and withdrawals. Monthly e-statements. Free access to My First New York online banking and mobile app. Access all First New York member products and services. Dividends compounded monthly. Rates set monthly. Fees may reduce earnings.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $1 and upMinimum balance of $1 on Primary Share Savings. Dividends compounded monthly. Rates set monthly. Fees may reduce earnings.$1 and up | 0.10% | $10 | Minimum balance of $1 on Primary Share Savings. Dividends compounded monthly. Rates set monthly. Fees may reduce earnings. |
Secondary Share Savings Account
0.10%APY
No minimum balance. No monthly service fees. Unlimited deposits and withdrawals. Monthly e-statements. Free access to First New York online banking and mobile app. Dividends compounded monthly. Rates set monthly. Fees may reduce earnings.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceNo minimum balance. Dividends compounded monthly. Rates set monthly. Fees may reduce earnings.Any balance | 0.10% | $10 | No minimum balance. Dividends compounded monthly. Rates set monthly. Fees may reduce earnings. |
Who can join First New York Federal Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Individuals who live, work, worship, or attend school in Albany, Schenectady, Rensselaer, Saratoga, or Schoharie County are eligible for membership.
Family and household
- Individuals related to an existing member are eligible for membership.
Cost to join
- Opening a Primary Share Savings Account with a $1 minimum balance is required to establish membership.
Membership information collected October 5, 2026.