Albany Bank and Trust Company National Association savings, CD and money market rates
Albany Bank and Trust Company National Association's Personal Statement Savings lists 0.35% APY. That is 0.03 percentage points below the national savings average of 0.38% (FDIC, Oct 2026).
Ranked #1377 of 3052 tracked savings rates by advertised APY. For a $10,000 balance it would rank #1158.
Estimate your earnings·What Albany Bank and Trust Company National Association actually pays
Albany Bank and Trust Company National Association at a glance
| Savings | |
|---|---|
| Top savings APY | 0.35% · Personal Statement Savings |
| Minimum to open | $500 · Personal Statement Savings |
| Against the national average | 0.03 percentage points below the 0.38% FDIC savings average (Oct 2026) |
| CDs | |
| Top CD APY | 3.70% · 7 months · 7 Month Promo CD |
| Minimum to open | $1,000 · 7 months CD |
| Against the national average | 2.31 percentage points above the 1.39% FDIC 6-month CD average (Oct 2026) |
| Money market | |
| Top money market APY | Up to 1.50% · Money Market Deposit Account · needs at least $1,000,000 |
| Minimum to open | not stated · Money Market Deposit Account |
| Against the national average | 0.87 percentage points above the 0.63% FDIC money market average (Oct 2026) |
| FDIC certificate | 17230 · Chicago, IL |
|---|---|
| Website | www.albanybank.com |
| Branches | 4 branches in IL |
| Availability | Available in IL |
Albany Bank and Trust Company National Association savings, CD and money market rates
Personal
How the rate applies
IRA
Education savings
Business
Rates are APY. The national savings average is 0.38% (FDIC, Oct 2026). The top tracked savings rate on Banksparency is 12.00%. Across 59 savings accounts from 58 banks in the Banksparency core savings index, the median advertised rate is 3.65%, and one account in ten advertises 4.20% or more. See the highest savings rates.
Albany Bank and Trust Company National Association CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| Personal CDs | |||
| 1 months | 0.55% | $5,000 | 31 Day CD |
| 3 months | 0.75% | $5,000 | 91 Day CD |
| 6 months | 1.00% | $5,000 | 182 Day CD |
| 7 months | 3.70% | $1,000 | 7 Month Promo CD |
| 11 months | 3.50% | $1,000 | 11 Month Promo CD |
| 12 months | 1.35% | $5,000 | 1 Year CD |
| 30 months | 1.55% | $5,000 | 2 1/2 Year CD |
| 60 months | 1.60% | $5,000 | 5 Year CD |
| IRA CDs | |||
| 7 months | 3.70% | $500 | 7 Month Promo Traditional IRA CD |
| 7 months | 3.70% | $500 | 7 Month Promo Roth IRA CD |
| 11 months | 3.50% | $500 | 11 Month Promo Traditional IRA CD |
| 11 months | 3.50% | $500 | 11 Month Promo Roth IRA CD |
| 12 months | 1.35% | not stated | 12 Month Fixed Traditional IRA CD |
| 12 months | 1.35% | not stated | 12 Month Fixed Roth IRA CD |
| 18 months | 1.50% | not stated | 18 Month Floating Rate Traditional IRA CD |
| 18 months | 1.50% | not stated | 18 Month Fixed Rate Traditional IRA CD |
| 18 months | 1.50% | not stated | 18 Month Floating Rate Roth IRA CD |
| 18 months | 1.50% | not stated | 18 Month Fixed Rate Roth IRA CD |
| 30 months | 1.55% | not stated | 30 Month Fixed Traditional IRA CD |
| 30 months | 1.55% | not stated | 30 Month Fixed Roth IRA CD |
Interactive Tool
Calculate Savings for Albany Bank and Trust Company National Association
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$131.00(0.9%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$14,131.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What Albany Bank and Trust Company National Association pays on deposits
FDIC call report data
An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced the savings and money market deposits it already holds, over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.
The two figures answer different questions, so they sit side by side and are not combined.
In Q2 2026, Albank paid a higher average rate on savings and money market deposits than 64% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- Albank, savings and money market
- All-bank median
How to read these figures
What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers savings accounts and money market deposit accounts, personal and business, at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years. The FDIC line does not separate consumer accounts.
The second figure. The scale row also shows the average across all interest-bearing deposits: savings, interest checking, money market accounts, CDs, personal and business. That figure covers the whole deposit book. The two are shown separately and are not combined.
What the advertised rate covers. It is the rate that this bank advertises now for a new savings account. Banksparency records it from the bank's website on the date shown beside it.
Why the two differ. They measure different things, so this page shows them side by side and keeps them apart. An advertised rate applies to one account, opened now, at today's price. The average also includes older savings balances at the rates of earlier years, money market balances that were priced in a different rate environment, and business accounts. An average below an advertised rate is the usual result of that arithmetic. On its own it is not evidence about the account that you would open.
What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.
What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.
What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.
Definitions: Call Report · Rate Paid on Deposits · Interest-Bearing Deposits · Front Book and Back Book · Deposit Rate Percentile
Average annualized rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the banks that reported a figure for the quarter.
So what is the catch?
| Product | APY | Min to open | Min to earn | Balance cap | Monthly fee | Requirements | Rate type | 12-mo trend |
|---|---|---|---|---|---|---|---|---|
| Personal | ||||||||
| Personal Statement Savings | 0.35% | $500 | $500 | None | not stated | not stated | One rate | |
| Fine print: ACH and point-of-sale debit transactions are not allowed on this account. An early closing fee of $10.00 applies if the account is closed within six months of opening. | ||||||||
| Senior Statement Savings | 0.35% | $500 | $500 | None | not stated | not stated | One rate | |
| Fine print: For customers age 55 or older. Unlimited teller withdrawals at no charge. | ||||||||
| Young Savers Statement Savings | 0.35% | $1 | $1 | None | not stated | not stated | One rate | |
| Fine print: For savers under age 18. A parent or guardian must sign on the account. | ||||||||
| Health Savings Account | 0.35% | $100 | $100 | None | not stated | not stated | One rate | |
| Money Market Deposit Account | Up to 1.50% | not stated | $0 | None | not stated | not stated | Tiered | |
| Education savings | ||||||||
| 7 Month Promo Educational IRA CD | 3.70% | $500 | $500 | None | not stated | not stated | One rate | |
| 11 Month Promo Educational IRA CD | 3.50% | $500 | $500 | None | not stated | not stated | One rate | |
| 18 Month Floating Rate Educational IRA CD | 1.50% | not stated | $500 | None | not stated | not stated | One rate | |
| Fine print: Variable rate. The interest rate and APY may change at any time. | ||||||||
| 12 Month Fixed Educational IRA CD | 1.35% | not stated | $500 | None | not stated | not stated | One rate | |
| Business | ||||||||
| Business Statement Savings | 0.35% | $1,000 | $1,000 | None | not stated | not stated | One rate | |
| Fine print: Three teller-assisted withdrawals are free each calendar month, and each further withdrawal is $3.00. An early closing fee of $10.00 applies if the account is closed within six months of opening. | ||||||||
Rate type: one rate applies at every balance. A tiered rate changes with your balance. A promotional rate changes after the period shown. A balance cap is the largest balance the highest rate applies to.
The 12-month trend shows the highest advertised rate observed each day and includes promotional tiers where one applied.
CDs
| Product | Term | APY | Min to open | Early withdrawal fee | Compounding |
|---|---|---|---|---|---|
| Personal CDs | |||||
| 31 Day CD | 1 months | 0.55% | $5,000 | not stated | not stated |
| 91 Day CD | 3 months | 0.75% | $5,000 | not stated | not stated |
| 182 Day CD | 6 months | 1.00% | $5,000 | not stated | not stated |
| 7 Month Promo CD | 7 months | 3.70% | $1,000 | not stated | not stated |
| 11 Month Promo CD | 11 months | 3.50% | $1,000 | not stated | not stated |
| 1 Year CD | 12 months | 1.35% | $5,000 | not stated | not stated |
| 2 1/2 Year CD | 30 months | 1.55% | $5,000 | not stated | not stated |
| 5 Year CD | 60 months | 1.60% | $5,000 | not stated | not stated |
| IRA CDs | |||||
| 7 Month Promo Traditional IRA CD | 7 months | 3.70% | $500 | not stated | not stated |
| 7 Month Promo Roth IRA CD | 7 months | 3.70% | $500 | not stated | not stated |
| 11 Month Promo Traditional IRA CD | 11 months | 3.50% | $500 | not stated | not stated |
| 11 Month Promo Roth IRA CD | 11 months | 3.50% | $500 | not stated | not stated |
| 12 Month Fixed Traditional IRA CD | 12 months | 1.35% | not stated | not stated | not stated |
| 12 Month Fixed Roth IRA CD | 12 months | 1.35% | not stated | not stated | not stated |
| 18 Month Floating Rate Traditional IRA CD | 18 months | 1.50% | not stated | not stated | not stated |
| 18 Month Fixed Rate Traditional IRA CD | 18 months | 1.50% | not stated | not stated | not stated |
| 18 Month Floating Rate Roth IRA CD | 18 months | 1.50% | not stated | not stated | not stated |
| 18 Month Fixed Rate Roth IRA CD | 18 months | 1.50% | not stated | not stated | not stated |
| 30 Month Fixed Traditional IRA CD | 30 months | 1.55% | not stated | not stated | not stated |
| 30 Month Fixed Roth IRA CD | 30 months | 1.55% | not stated | not stated | not stated |
Fine print for 2 CDs above: Variable rate. The interest rate and APY may change at any time.
Opening and using the account
| Availability | Available in IL |
|---|---|
| Footprint | 4 branches in IL |
| Eligibility | not stated |
How Albany Bank and Trust Company National Association behaves over time
Every observation of the advertised Personal Statement Savings rate in the last 12 months was 0.35% (observed through Oct 24, 2026). The series includes promotional tiers where one applied.
- Rate last changed
- Oct 17, 2026(effective date)
$10,000 at the 0.35% APY Albany Bank and Trust Company National Association advertises on Personal Statement Savings grows to $10,035 in a year. Prices rose 3.7% in the year to September 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $9,673 does today. See how the federal funds rate shapes savings rates.
Albany Bank and Trust Company National Association CD rates over time
Who is Albany Bank and Trust Company National Association?
| Headquarters | Chicago, IL |
|---|---|
| Founded | 1953 |
| Scale | $722M assets · $591M deposits, $456M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 17230 |
| Charter state | Illinois · the charter, Albank National Association, is one of 325 insured banks chartered there (Q2 2026, FDIC) |
Financial detail is in What Albany Bank and Trust Company National Association pays on deposits above.
Common questions about Albany Bank and Trust Company National Association
Is Albany Bank and Trust Company National Association FDIC insured?
Yes. Albany Bank and Trust Company National Association is FDIC insured under certificate 17230, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at Albany Bank and Trust Company National Association?
Albany Bank and Trust Company National Association requires a minimum deposit of $500 to open its Personal Statement Savings account, as observed on Oct 24, 2026. Check the bank's current terms before you open an account.
Does Albany Bank and Trust Company National Association have branches?
Yes. Albany Bank and Trust Company National Association operates 4 branches according to FDIC branch records, in addition to its website and mobile apps.
Albany Bank and Trust Company National Association against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| Albany Bank and Trust Company National Association | 0.35% | 1.80% | $500 | 4 branches in IL |
| Century Bank of Florida | 0.35% | 1.30% | $25,000 | 1 branch in FL |
| Countryside Bank | 0.35% | 1.39% | not stated | 3 branches in NE |
| Crossroads Bank | Up to0.35% | 0.35% | $50 | 2 branches in IL |
Each savings APY is the top rate of the account the bank's own page leads with. Alternatives are the three tracked banks whose savings APY is closest to Albany Bank and Trust Company National Association's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in Illinois, nearest to Albank National Association in deposits:
Rate hubs: today's highest savings rates, CD rates by term, and money market rates.
State pages: money market rates in Illinois, and banks in Illinois.