First Foundation Bank
Last Updated: 6/20/2025
Note: Interest rates below are reported as APY, or Annual Percentage YieldQuick Views
Online Savings: 4.25% APY(Rank 26 out of 74 tracked HYSAs)
Minimum Deposit: $1,000 | Online Only
National Savings Interest Rate: 0.42% (as of 5/19/2025)
Note: The FDIC tracks savings and CD rates nationally, but it does not report APY, only the average interest rate.
(Source: FDIC)Bank Overview
Location: Irvine, California
Founded: 2008
Access to Branches: 31 locations in California, Florida, Hawaii, Nevada, and Texas
BBB Rating: A- (Not BBB Accredited)
App Store Rating: 4.6/5
Google Play Rating: 4.0/5
Website: Visit First Foundation Bank
Our Take on First Foundation Bank
Highlights
- Current APY is 4.25%, slightly lower than 30 days ago (4.40%).
- No maintenance fees on the Online Savings account.
- A- BBB rating indicates good trustworthiness.
- App Store rating is 4.6, suggesting user satisfaction.
Considerations
- Minimum deposit requirement is $1,000.
- No direct deposit requirement may limit some users.
- Not BBB Accredited, which may raise concerns.
- Only online account available, limiting access.
Summary: First Foundation Bank offers a competitive APY of 4.25% on its Online Savings account, though it has decreased slightly from 4.40% over the past month. With no maintenance fees and an A- BBB rating, it demonstrates trustworthiness. However, the $1,000 minimum deposit may deter some savers, and the lack of direct deposit requirement could limit account accessibility. The bank has 31 branches across five states but only offers online accounts.
Savings Account
Savings Account Offered by First Foundation Bank
| Feature | Online Savings |
|---|---|
| APY | 4.25% (as of 6/20/2025) |
| APY Trend | -0.15% MoM |
| Minimum Deposit | $1,000 |
| Minimum Balance for APY | $0.01 |
| FDIC-insured | Yes |
| Online Only | Yes |
| Bundled Account | No |
| Direct Deposit Required | No |
| Compound Frequency | Daily |
| Maintenance Fee | $0 |
| Eligibility | United States |
No deposit agreement summary available for this bank. | |
Calculate Savings for First Foundation Bank
All calculations are based on APY.
Online Savings (APY: 4.25%)
Deposit Frequency:
Total savings breakdown:
- Interest earned: $43 (4.12%)
- Total contributions: $0 (0.00%)
- Initial deposit: $1,000 (95.88%)
Your total balance
$1,043.00
Effective APY: 4.25% (based on your deposit and contributions)
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
First Foundation Bank Savings Rates Over Time
Historical APY Insights
| Metric | Online Savings |
|---|---|
| Latest APY | 4.25 % |
| Trend | Falling |
| Slope (bps/mo) | -5.0 |
| Rate Changes / Mo | 0.48 |
| Days Since Last Change | 30 |
| High (-6 m) | 4.75 % |
| Low (-6 m) | 4.25 % |
| Draw-down from High | -10.5 % |
| Volatility (CV) | 0.021 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 6 months (regression slope).
- Slope (bps/mo)
- Average monthly change; 10 bps = 0.10 pp.
- Rate Changes / Mo
- Typical number of APY moves per month.
- Days Since Last Change
- Recency of the latest APY adjustment.
- High (-6 m)
- Highest APY in the last 186 days.
- Low (-6 m)
- Lowest APY in the last 186 days.
- Draw-down from High
- How far today sits below the 6-month peak.
- Volatility (CV)
- Coefficient of variation = stdev ÷ mean.
Why Track Savings-Account APYs?
- See how quickly a bank reacts to Fed moves or competition.
- Gauge “twitchiness” - frequent moves can annoy savers.
- Spot if you're buying near a peak (draw-down) or riding a rise.
- Slope (bps/mo) shows speed of change.
- Volatility (CV) scales jumps by average level.
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| Feature | First Foundation Bank | Select a bank... |
|---|---|---|
| Product | Online Savings | N/A |
| APY | 4.25% (as of 6/20/2025) | N/A |
| Bundled Account | No | N/A |
| FDIC-insured | Yes | N/A |
| Online Only | Yes | N/A |
| Compound Frequency | Daily | N/A |
| Minimum Deposit | $1,000 | N/A |
| Minimum Balance for APY | $0.01 | N/A |
| Maintenance Fee | $0 | N/A |
| Direct Deposit Required | No | N/A |