First Foundation Bank

Last Updated: 7/3/2025

Note: Interest rates below are reported as APY, or Annual Percentage Yield

Quick Views

Online Savings: 4.25% APY(Rank 24 out of 76 tracked HYSAs)

Minimum Deposit: $1,000 | Online Only

National Savings Interest Rate: 0.38% (as of 6/16/2025)

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%, unchanged from 30 days ago.
No maintenance fees on the Online Savings account.
A- BBB rating indicates good trustworthiness.
App Store rating is 4.6, indicating user satisfaction.

Considerations

Minimum deposit requirement of $1,000 for Online Savings account.
No direct deposit option available for the Online Savings account.
Not BBB Accredited, which may concern some users.
Limited to 31 branches across five states.

Summary: First Foundation Bank offers a competitive APY of 4.25% on its Online Savings account, with no maintenance fees. However, a $1,000 minimum deposit is required, and there is no direct deposit option. The bank holds an A- BBB rating but is not BBB Accredited. With branches in California, Florida, Hawaii, Nevada, and Texas, it provides a decent App Store rating of 4.6, though its limited branch network may be a drawback for some.

Savings Account

Savings Account Offered by First Foundation Bank

Feature	Online Savings
APY	4.25% (as of 7/3/2025)
APY Trend	Stable for the last month
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.

Savings Product:

Online Savings (APY: 4.25%)

Initial Deposit:

Recurring Deposit Amount:

Deposit Frequency:

Duration:

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)	-5.1
Rate Changes / Mo	0.45
Days Since Last Change	41
High (-6 m)	4.75 %
Low (-6 m)	4.25 %
Draw-down from High	-10.5 %
Volatility (CV)	0.023

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 198 days.
Low (-6 m): Lowest APY in the last 198 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.

Compare First Foundation Bank's Savings Account

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Feature	First Foundation Bank	Select a bank...
Product	Online Savings	N/A
APY	4.25% (as of 7/3/2025)	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

Alternatives to First Foundation Bank

Banks with Higher/Similar Savings APY

Sprout Savings: 3.90% APY

Minimum Deposit: $1

Eligible States: Limited (see details)

Presidential Bank

Advantage Savings: 4.50% APY

Bundled Savings & Checking Account

Minimum Deposit: $5,000

Direct Deposit: To earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500.

Valley Direct

High-Yield Savings Account: 4.30% APY

Minimum Deposit: $1000

Online Only

Eligible States: Limited (see details)