Gen Xers were at the top of the saving-more crowd, at 26 percent, followed by younger millennials — those aged 18-25 — at 22 percent.

As might be expected, the Silent Generation — those aged 71 and up — were saving less, with 36 percent of them saying so, but so were 30 percent of younger boomers, those aged 52–61. Fifty-six percent of respondents said they were saving the same amount as last year; that’s a new high as well.

One reason Bankrate said savings may be up is an improvement in its Financial Security Index for August, which stands at 104.5 — its second highest level of the year.

The index, which is compiled with five questions to track how Americans feel about their job security, savings, debt, net worth and overall financial situation, indicates an improvement when it is above 100; an index below 100 indicates that people feel that their financial security is weaker.

The improvement could be due to a drop in the unemployment rate; Bureau of Labor Statistics figures indicate that not only did unemployment in the U.S. drop to 4.9 percent, but over the past 12 months workers got a 2.6 percent increase in wages.