FNBO Direct savings and money market rates
FNBO Direct advertises 3.00% APY on its High-Yield Online Savings Account. That is 2.63 percentage points above the national savings average of 0.37% (FDIC, Sep 2026).
Ranked #281 of 2767 tracked savings rates by advertised APY. For a $10,000 balance it would rank #173. It was #104 three months ago. The advertised rate has not changed in the 36 weeks since Banksparency began tracking it, through 1 Federal Reserve rate move.
FNBO Direct at a glance
| Savings | |
|---|---|
| Top savings APY | 3.00% · High-Yield Online Savings Account |
| Minimum to open | $0 · High-Yield Online Savings Account |
| Against the national average | 2.63 percentage points above the 0.37% FDIC savings average (Sep 2026) |
| Money market | |
| Top money market APY | Up to 3.55% · Online Money Market Account · needs at least $500,000 |
| Minimum to open | $0 · Online Money Market Account |
| Against the national average | 2.92 percentage points above the 0.63% FDIC money market average (Sep 2026) |
| FDIC certificate | 5452 · Omaha, NE |
|---|---|
| Website | www.fnbodirect.com |
| Availability | Nationally available |
FNBO Direct savings and money market rates
How the rate applies
Rates are APY. The national savings average is 0.37% (FDIC, Sep 2026). The top tracked savings rate on Banksparency is 5.50%. Across 60 savings accounts from 59 banks in the Banksparency core savings index, the median advertised rate is 3.66%, and one account in ten advertises 4.16% or more. See the highest savings rates.
Interactive Tool
Calculate Savings for FNBO Direct
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$1,161.10(7.7%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$15,161.10
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What FNBO Direct pays on deposits
FDIC call report data
An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced the savings and money market deposits it already holds, over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.
The two figures answer different questions, so they sit side by side and are not combined.
In Q2 2026, First National Bank of Omaha paid a higher average rate on savings and money market deposits than 81% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- First National Bank of Omaha, savings and money market
- All-bank median
How to read these figures
What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers savings accounts and money market deposit accounts, personal and business, at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years. The FDIC line does not separate consumer accounts.
The second figure. The scale row also shows the average across all interest-bearing deposits: savings, interest checking, money market accounts, CDs, personal and business. That figure covers the whole deposit book. The two are shown separately and are not combined.
What the advertised rate covers. It is the rate that this bank advertises now for a new savings account. Banksparency records it from the bank's website on the date shown beside it.
Why the two differ. They measure different things, so this page shows them side by side and keeps them apart. An advertised rate applies to one account, opened now, at today's price. The average also includes older savings balances at the rates of earlier years, money market balances that were priced in a different rate environment, and business accounts. An average below an advertised rate is the usual result of that arithmetic. On its own it is not evidence about the account that you would open.
What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.
What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.
What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.
Definitions: Call Report · Rate Paid on Deposits · Interest-Bearing Deposits · Front Book and Back Book · Deposit Rate Percentile
Average annualized rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the banks that reported a figure for the quarter.
So what is the catch?
| Product | APY | Min to open | Min to earn | Balance cap | Monthly fee | Requirements | Rate type | 12-mo trend |
|---|---|---|---|---|---|---|---|---|
| High-Yield Online Savings Account | 3.00% | $0 | $0 | None | $0 | None | One rate | |
| Online Money Market Account | 3.55% | $0 | $0 | None | not stated | None | Tiered |
Rate type: one rate applies at every balance. A tiered rate changes with your balance. A promotional rate changes after the period shown. A balance cap is the largest balance the highest rate applies to.
The 12-month trend shows the highest advertised rate observed each day and includes promotional tiers where one applied.
Opening and using the account
| Availability | Nationally available |
|---|---|
| App Store rating | 4.6 out of 5 |
| Google Play rating | 4.7 out of 5 |
| Zelle | Available |
| Eligibility | not stated |
How FNBO Direct behaves over time
Every observation of the advertised High-Yield Online Savings Account rate in the last 12 months was 3.00% (observed through Oct 3, 2026). The series includes promotional tiers where one applied.
FNBO Direct has not changed its advertised savings rate in the 36 weeks since Banksparency began tracking it, through 1 Federal Reserve rate move.
- High-Yield Online Savings Account
- The same as 90 days ago.
- Online Money Market Account
- The same as 90 days ago.
- Rate last changed
- Apr 1, 2026(effective date)
At the top advertised rates we observed for FNBO Direct's High-Yield Online Savings Account, $10,000 would have grown to about $10,300 over the past year. Prices rose 3.4% in the year to August 2026 (Consumer Price Index (CPI)). So it buys as much as $9,961 did a year ago. The series includes promotional tiers where one applied. See how the federal funds rate shapes savings rates.
Who is FNBO Direct?
| Headquarters | Omaha, NE |
|---|---|
| Founded | 1857 |
| Scale | $34.2B assets · $27.8B deposits, $20.8B of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 5452 |
| BBB rating | A+ · BBB Accredited |
| 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. |
| Charter state | Nebraska · the charter, First National Bank of Omaha, is one of 139 insured banks chartered there (Q2 2026, FDIC) |
Financial detail is in What FNBO Direct pays on deposits above.
Common questions about FNBO Direct
Is FNBO Direct FDIC insured?
Yes. FNBO Direct is FDIC insured under certificate 5452, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at FNBO Direct?
FNBO Direct requires no minimum deposit to open its High-Yield Online Savings Account, as observed on Oct 3, 2026. Check the bank's current terms before you open an account.
FNBO Direct against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| FNBO Direct | 3.00% | 2.38% | $0 | not stated |
| BMO Alto | 3.00% | 1.61% | $0 | not stated |
| Bonanza Valley State Bank | 3.00% | 2.36% | $100 | 1 branch in MN |
| Brentwood Bank | 3.00% | 2.19% | $5,000 | 14 branches in PA |
Each savings APY is the top rate of the account the bank's own page leads with. Alternatives are the three tracked banks whose savings APY is closest to FNBO Direct's.
Compare FNBO Direct with another bank
Each link opens a full comparison page, with the two banks side by side and their current savings rates.
- FNBO Direct vs CIT Bank
- FNBO Direct vs Barclays
Marcus by Goldman Sachs last changed its rate on September 18, 2026, up 10 basis points. FNBO Direct has not changed its rate since at least January 21, 2026.
FNBO Direct vs Marcus by Goldman SachsSoFi Bank last changed its rate on September 23, 2026, up 20 basis points. FNBO Direct has not changed its rate since at least January 21, 2026.
FNBO Direct vs SoFi Bank- FNBO Direct vs Axos Bank
American Express last changed its rate on September 23, 2026, up 10 basis points. FNBO Direct has not changed its rate since at least January 21, 2026.
FNBO Direct vs American Express
Similar banks and related pages
Banks in the same rate band with the same product mix:
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Rate hubs: today's highest savings rates, and money market rates.