Bank · FDIC insured
Maspeth Federal Savings Savings Rates
Maspeth Federal Savings’s best savings rate is 0.50% APY on $10,000, with its Money Market. Rates checked October 5, 2026.
How Maspeth Federal Savings’s savings rates compare
Compared with banks and credit unions near New York, NY-NJ, where Maspeth Federal Savings has the most branches. $10,000, best rate first.
This bank’s best
Maspeth Federal Savings
0.50%APY
- Requires
- None
- Minimum
- $2,500
- Earns on $10,000 a year
- $50
Money Market
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
Maspeth Federal Savings savings score
79
Savings score
Higher than 48% of U.S. banks and credit unions
- $1,000 balance$1,0000.50%
- $10,000 balance$10,0000.50%
- $100,000 balance$100,0000.50%
- QualifiedQualified0.50%
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 Maspeth Federal Savings 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.
Money Market
0.50%APY
$2,500.00 minimum balance required to open a Money Market Account. If the balance falls below $2,500.00, a lesser interest rate will be paid than the prevailing interest rate with a balance of $2,500.00 or more.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $2,500 and upThe minimum balance shown is required to achieve the stated Annual Percentage Yield. If the balance falls below $2,500.00, a lesser interest rate will be paid than the prevailing interest rate with a balance of $2,500.00 or more.$2,500 and up | 0.50% | $50 | The minimum balance shown is required to achieve the stated Annual Percentage Yield. If the balance falls below $2,500.00, a lesser interest rate will be paid than the prevailing interest rate with a balance of $2,500.00 or more. |
Sources (2)
All captured Oct 5, 2026
Passbook Savings
0.50%APY
Passbook must be present for in-branch transactions; mobile banking functionality limited to view only.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and upMinimum balance of $100.00 required to achieve stated APY.$100 and up | 0.50% | $50 | Minimum balance of $100.00 required to achieve stated APY. |
Sources (2)
All captured Oct 5, 2026
Statement Savings
0.50%APY
Unlimited deposits and withdrawals. Must possess a valid Social Security number to use mobile banking or view account. Daily balance method used to calculate interest.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and upMinimum balance of $100.00 required to achieve stated APY.$100 and up | 0.50% | $50 | Minimum balance of $100.00 required to achieve stated APY. |
Sources (2)
All captured Oct 5, 2026
Vault Savings
0.50%APY
Can only transfer in online; mobile banking limited to view only. All withdrawals must be in person with a valid ID present. Electronic statements opt-in required.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and upMinimum balance of $100.00 required to achieve stated APY.$100 and up | 0.50% | $50 | Minimum balance of $100.00 required to achieve stated APY. |
Sources (1)
- maspethfederal.com/personal-banking/savings · captured Oct 5, 2026
Special-purpose accounts
Youth Savings
6.20%APY on $10,000
For ages 0-17. Joint account between parent and child; converts to Statement Savings at age 18. Tiered APY is limited to 1 Youth Savings Account per child; additional savings accounts owned by the same child are subject to the standard rate of 0.50% APY. Teen Access features available at age 13 (ages 13-17).
| Part of the balance | Rate on that part |
|---|---|
| Up to $6,000 | 9.57% |
| $6,000 and up | 0.50% |
On $10,000 the tiers blend to about 6.20% APY, earning $620 a year.
Sources (2)
All captured Oct 5, 2026
Vacation & Holiday Clubs
0.50%APY
At the end of the club account annual cycle, a check for the account balance including deposits and accrued interest is automatically mailed to the account holder. The club account passbook can be reused each year. Limited to transaction history only on passbook accounts.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and upMinimum balance of $5.00 required to achieve stated APY.$5 and up | 0.50% | $50 | Minimum balance of $5.00 required to achieve stated APY. |
Sources (2)
All captured Oct 5, 2026
Young Savers Club
0.50%APY
Passbook club account. Gifts subject to change.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $1 and upMinimum balance of $1.00 required to achieve stated APY.$1 and up | 0.50% | $50 | Minimum balance of $1.00 required to achieve stated APY. |
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.