FNBO Direct: Savings Account & Rates

Updated: 2/21/2026

Mission: Banksparency aims to make FNBO Direct's savings account transparent and comparable to the market.

Interest rates reported as APY

Analysis of FNBO Direct

Our verdict

FNBO Direct offers High-Yield Online Savings Account, a high-yield savings account paying 3.00% APY with a $1 minimum deposit.

At 3.00% APY, FNBO Direct pays 8x the national average (0.39%). Ranks in the top tier of 99+ accounts tracked.

Ideal User Profile

Best for: simple saving without extra requirements, banking without needing a branch, and quick transfers with Zelle.

Key Differentiators

Stands out with top-rated iOS app (4.5), highly-rated Android app (4.8), A+ BBB rating, Zelle for instant transfers.

Savings Overview

High-Yield Online Savings Account

3.00% APY

Very StableNo rate changes in last 90 days

Min: $1 Online Only

Min. Deposit	$1
Min. Balance	$0.01
Maintenance Fee	$0

Rank #82 of 99 tracked.

Market Reality Check

This bank offers rates below the current top tier. The best rates we track are currently above 4.15% APY.

See Top Rates

National Avg: 0.39% (FDIC, 1/1/2026).
Banksparency tracks live rates daily.

Bank Overview

HQ LocationOmaha, Nebraska
Founded1857
AffiliationFNBO Direct is a division of FNBO (First National Bank of Omaha), which is a subsidiary of First National of Nebraska, Inc., an interstate bank holding company.
Ratings & Trust
4.5iOS 4.8Android A+BBB BBB Accredited
Zelle® SupportAvailable
Online division fully supports Zelle.
Deposit InsuranceFDIC Insured(Cert: 5452)

Visit Official Website

Featured Offers

Axos ONE - High Yield Savings & Checking

Over 95,000 fee-free ATMs
Get paid up to 2 days early with Direct Deposit
One convenient app for spending & saving

FDIC Insured

Savings4.21%APY

Checking0.51%APY

Go to Axos Bank

Member, FDIC

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	$0
Min. Balance in Savings Account	$0
How to qualify for APY	OPTION ADirect Deposit $1,500+ AND Maintain $1,500+ avg daily checking balance. OR OPTION BDeposit $5,000+ total/mo AND Maintain $5,000+ avg daily checking balance.
Mobile Ratings	iOS:4.7 Android:4.6

The 4.21% APY is available with the Axos ONE savings and checking bundle. The checking account earns 0.51% APY. To qualify, you must either set up a direct deposit of $1,500 and maintain an average daily balance of more than $1,500 in your ONE Checking account, or receive at least $5,000 in total monthly qualifying deposits and maintain an average daily balance of more than $5,000.

PREMIUM ACCOUNT, GENEROUS BONUS

SponsoredVerified Feb 21, 2026

FDIC Insured

CIT Bank - Platinum Savings

Competitive APY - with a balance of $5,000+
Earn up to $300 bonus with qualifying deposit
Highly rated mobile apps

FDIC Insured

Savings3.75%APY

Up to$300Bonus

Go to CIT Bank

Member, FDIC

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	$100
Min. Balance in Savings Account	$5,000
Mobile Ratings	iOS:4.8 Android:4.7

This is a tiered savings account, where the 3.75% APY requires meeting the $5,000 balance requirement. Lower balances earn an APY of 0.25%.

EASY TRANSFERS, LOW MINIMUMS

SponsoredVerified Feb 21, 2026

FDIC Insured

Quontic High Yield Savings

Apply in 3 minutes or less
No monthly service fees
Transfer with Zelle, Apple Pay, G-Pay, and more

FDIC Insured

Savings3.50%APY

Go to Quontic Bank

Member, FDIC

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	$100
Min. Balance in Savings Account	$0
Mobile Ratings	iOS:4.8 Android:4.8

Top Market Contenders

American Express

3.30% APY

vs. FNBO Direct

Axos Bank

4.21% APY

vs. FNBO Direct

SoFi Bank

4.00% APY

vs. FNBO Direct

Popular Peer Comparisons

Bank of America vs SoFi Bank American Express vs Capital One Barclays vs Capital One American Express vs Discover Bank Ally Bank vs Capital One Ally Bank vs EverBank

Savings Account: In-Depth View

Savings Account Offered by FNBO Direct

Feature	High-Yield Online Savings Account
APY	3.00%Verified: 2/21/2026
APY Trend	Very StableNo rate changes in last 90 days
Min. Deposit	$1
Min. Balance	$0.01
Monthly Fee	$0
Direct Deposit	None
Checking Bundle	No
Branch Access	None
Compounding	Monthly
FDIC Insured	Yes
Eligibility	United States
Next Steps	-

Calculate Savings for FNBO Direct

All calculations are based on APY.

Selected Product

High-Yield Online Savings Account3.00% APY

Initial Deposit

Recurring Deposit

Frequency

Duration

Savings Breakdown

Interest Earned
+$1,161.10(7.7%)
Total Contributions
$13,000
Initial Deposit
$1,000

Projected Balance

$15,161.10

Effective APY

3.00%

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

FNBO Direct Savings Rates Over Time

Historical APY Insights

Last 7 Months

Metric	High-Yield Online Savings Account
Latest APY	3.00%
Trend	Sideways
Slope (bps/mo)	-4.4
Rate Changes / Mo	0.14
Days Since Last Change	141
High (-7m)	3.25%
Low (-7m)	3.00%
Draw-down	-7.7%
Volatility (CV)	0.036

How to read these metrics▼

Trends & Velocity

Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
Slope (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
Rate Changes / Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

High/Low: The absolute ceiling and floor of the rate during the 211-day window.
Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

Why track this? Understanding volatility helps you avoid "bait-and-switch" rates. A steady, rising slope is ideal; high volatility often signals a temporary teaser rate.

Compare with FNBO Direct

Feature	Current View FNBO Direct	Empty Slot
Product	High-Yield Online Savings Account	-
APY	3.00%Verified: 2/21/2026	-
APY Trend	Very StableNo rate changes in last 90 days	-
Min. Deposit	$1	-
Monthly Fee	$0	-
Direct Deposit	No	-
Checking Bundle	No	-
Branch Access	None	-
Eligibility	United States	-
Compounding	Monthly	-
FDIC Insured	Yes	-
Next Steps	-	-

Bank-to-Bank Comparisons

Compare FNBO Direct's APY of 3.00% with other banks

Bank Pair	Competitor APY	Min Deposit
FNBO Direct vs Ally Bank	3.20%	$0
FNBO Direct vs American Express	3.30%	$0
FNBO Direct vs Axos Bank	4.21%	$0
FNBO Direct vs Bank of America	0.01%	$100
FNBO Direct vs Barclays	3.85%	$0
FNBO Direct vs Capital One	3.30%	$0
FNBO Direct vs Chase Bank	0.01%	$0
FNBO Direct vs Chime	3.00%	$0
FNBO Direct vs CIT Bank	3.75%	$100
FNBO Direct vs Citibank	3.20%	$0
FNBO Direct vs Discover Bank	3.30%	$0
FNBO Direct vs EverBank	3.90%	$0
FNBO Direct vs Marcus by Goldman Sachs	3.65%	$0
FNBO Direct vs Newtek Bank	4.20%	$0.01
FNBO Direct vs Openbank	4.09%	$500
FNBO Direct vs Pibank	4.60%	$0
FNBO Direct vs SoFi Bank	4.00%	$0
FNBO Direct vs Synchrony Bank	3.50%	$0
FNBO Direct vs Varo Bank	5.00%	$0
FNBO Direct vs Wealthfront	3.95%	$0
FNBO Direct vs Wells Fargo	0.05%	$25