FNBO Direct: Savings Accounts & Rates

Savings rates updated: 8/7/2025

Mission statement: Banksparency aims to make FNBO Direct's savings accounts transparent and comparable to those of other banks. Learn more about Banksparency.

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

We earn a commission if you open an account through some links on this page.

Savings Overview

High-Yield Online Savings Account: 3.25% APY(Rank 76 out of 80 tracked HYSAs)

Minimum Deposit: $1

National Savings Interest Rate: 0.38% (as of 7/21/2025)

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: Omaha, Nebraska

Founded: 1857

Affiliation: FNBO 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.

Access to Branches: None

Deposit Insurance: FDIC Cert # 5452

BBB Rating: Not Rated

App Store Rating: 4.5/5

Google Play Rating: 4.6/5

Website: Visit FNBO Direct

Our Take on FNBO Direct

Highlights

Current APY of 3.25% is competitive for high-yield savings accounts.
No maintenance fees, making it cost-effective for savers.
Minimum deposit requirement is only $1, accessible for many.
App Store rating of 4.5 and Google Play rating of 4.6 indicate good user satisfaction.

Considerations

Not rated by the BBB, which may raise concerns for some savers.
No branches available, limiting in-person service options.
Direct deposit is not required, but may limit some features.
No previous APY data for comparison to assess stability.

Summary: FNBO Direct offers a competitive APY of 3.25% on its High-Yield Online Savings Account with no maintenance fees and a low minimum deposit of $1. However, it lacks a BBB rating, which could be a concern for some customers. The bank operates online only, with no physical branches. User satisfaction appears high, as indicated by its App Store and Google Play ratings of 4.5 and 4.6, respectively.

Savings Account: In-Depth View

Savings Account Offered by FNBO Direct

Feature	High-Yield Online Savings Account
APY	3.25% (as of 8/7/2025)
APY Trend	Stable for the last quarter
Minimum Deposit	$1
Minimum Balance for APY	$0.01
FDIC-insured	Yes
Online Only	No
Bundled Account	No
Direct Deposit Required	No
Compound Frequency	Monthly
Maintenance Fee	$0
Eligibility	United States
Sponsored Link
No deposit agreement summary available for this bank.

Calculate Savings for FNBO Direct

All calculations are based on APY.

Savings Product:

High-Yield Online Savings Account (APY: 3.25%)

Initial Deposit:

Recurring Deposit Amount:

Deposit Frequency:

Duration:

Total savings breakdown:

Interest earned: $1,261.9 (8.27%)
Total contributions: $13,000 (85.18%)
Initial deposit: $1,000 (6.55%)

Your total balance

$15,261.90

Effective APY: 3.25% (based on your deposit and contributions)

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

Metric	High-Yield Online Savings Account
Latest APY	3.25 %
Trend	Sideways
Slope (bps/mo)	0.0
Rate Changes / Mo	0.00
Days Since Last Change	10
High (-1 m)	3.25 %
Low (-1 m)	3.25 %
Draw-down from High	0.0 %
Volatility (CV)	0.000

APY Insights Glossary

Latest APY: Most recent advertised annual-percentage yield.
Trend: Direction over the last 1 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 (-1 m): Highest APY in the last 13 days.
Low (-1 m): Lowest APY in the last 13 days.
Draw-down from High: How far today sits below the 1-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 FNBO Direct's Savings Account

Affirm - 3.85% APY
All America Bank - 1.50-3.25% APY
Ally Bank - 3.50% APY
Amalgamated Bank - 2.25% APY
American Express - 3.50% APY
Ameriprise Bank - 3.15-3.15% APY
Axos Bank - 4.46% APY
Bank5 Connect - 4.05% APY
Bank of America - 0.01% APY
Barclays - 3.90-4.10% APY
Bask Bank - 4.20% APY
Betterment - 4.00% APY
BMO Alto - 3.50% APY
Bread Savings - 4.25% APY
BrioDirect - 4.30% APY
Capital One - 3.50% APY
Carver Bank - 4.00% APY
Charles Schwab Bank - 0.15% APY
Chase Bank - 0.01% APY
Chime - 1.25-3.75% APY
CIBC Bank USA - 4.02% APY
CIT Bank - 0.25-4.00% APY
Citibank - 3.50% APY
Citizens Access™ - 3.50% APY
Colorado Federal Savings Bank - 4.15% APY
ConnectOne Bank - 4.00% APY
Customers Bank - 4.23% APY
Discover Bank - 3.50% APY
Elevault - 4.60% APY
E*TRADE from Morgan Stanley - 4.00% APY
EverBank - 4.30% APY
Evergreen Bank Group - 4.25% APY
First Foundation Bank - 4.25% APY
Fitness Bank - 4.85% APY
Flagstar Bank - 4.00% APY
Forbright Bank - 4.25% APY
FVCbank - 4.35% APY
GO2bank - 4.50% APY
High Plains Bank - 0.23-3.82% APY
Jenius Bank - 4.20% APY
LendingClub - 3.20-4.20% APY
Live Oak Bank - 4.10% APY
Marcus by Goldman Sachs - 3.65% APY
My Banking Direct - 4.30% APY
MySavingsDirect - 3.75% APY
Neighbors Bank - 4.60% APY
Newtek Bank - 4.35% APY
OMB Bank - 1.00% APY
Openbank - 4.20% APY
Peak Bank - 4.35% APY
Pibank - 4.60% APY
PNC - 3.95% APY
Poppy Bank - 4.25% APY
Popular Direct - 4.05% APY
Presidential Bank - 4.00-4.50% APY
Prime Alliance Bank - 4.05% APY
Primis Bank - 4.20% APY
Quontic Bank - 3.75% APY
RBMAX - 4.15% APY
Rising Bank - 4.30% APY
ROGER - 4.12% APY
Salem Five Direct - 4.01% APY
Sallie Mae Bank - 3.90% APY
Santander Bank - 0.03% APY
SoFi Bank - 3.80% APY
Synchrony Bank - 3.80% APY
TAB Bank - 4.15% APY
TD Bank - 0.05-3.00% APY
The State Exchange Bank - 1.02% APY
TIMBR - 4.40% APY
UFB Direct - 4.01-4.21% APY
Upgrade - 4.02% APY
Valley Direct - 4.30% APY
Varo Bank - 2.50-5.00% APY
Wells Fargo - 0.05-2.51% APY
Western Alliance Bank - 4.30% APY
Zynlo Bank - 4.35% APY

Feature	FNBO Direct	Select a bank...
Product	High-Yield Online Savings Account	N/A
APY	3.25% (as of 8/7/2025)	N/A
Bundled Account	No	N/A
FDIC-insured	Yes	N/A
Online Only	No	N/A
Compound Frequency	Monthly	N/A
Minimum Deposit	$1	N/A
Minimum Balance for APY	$0.01	N/A
Maintenance Fee	$0	N/A
Direct Deposit Required	No	N/A