FVCbank
Last Updated: 6/20/2025
Note: Interest rates below are reported as APY, or Annual Percentage YieldQuick Views
Advantage Direct Savings: 4.35% APY(Rank 12 out of 74 tracked HYSAs)
Minimum Deposit: $500 | 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)Our Take on FVCbank
Highlights
- Current APY of 4.35%, competitive for high-yield savings accounts.
- No maintenance fees on the Advantage Direct Savings account.
- A+ BBB rating indicates strong trustworthiness.
- App Store rating of 4.3 suggests good customer satisfaction.
Considerations
- Current APY decreased from 4.45% in the last 30 days.
- Minimum deposit and balance requirement of $500 may limit access.
- No physical branches available for in-person banking.
- Google Play rating of 3.6 indicates mixed user experiences.
Summary: FVCbank offers a high-yield Advantage Direct Savings account with a current APY of 4.35%, although it has decreased slightly from 4.45% recently. The account has no maintenance fees, but requires a minimum deposit and balance of $500. An A+ BBB rating reflects its reliability, while the app ratings show varying customer satisfaction. The lack of physical branches may be a drawback for some users.
Savings Account
Savings Account Offered by FVCbank
Feature | Advantage Direct Savings |
---|---|
APY | 4.35% (as of 6/20/2025) |
APY Trend | -0.10% MoM |
Minimum Deposit | $500 |
Minimum Balance for APY | $500 |
FDIC-insured | Yes |
Online Only | Yes |
Bundled Account | No |
Direct Deposit Required | No |
Compound Frequency | N/A |
Maintenance Fee | $0 |
Eligibility | United States |
No deposit agreement summary available for this bank. |
Calculate Savings for FVCbank
All calculations are based on APY.
Advantage Direct Savings (APY: 4.35%)
Deposit Frequency:
Total savings breakdown:
- Interest earned: $22 (4.21%)
- Total contributions: $0 (0.00%)
- Initial deposit: $500 (95.79%)
Your total balance
$522.00
Effective APY: 4.35% (based on your deposit and contributions)
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
FVCbank Savings Rates Over Time
Historical APY Insights
Metric | Advantage Direct Savings |
---|---|
Latest APY | 4.35 % |
Trend | Falling |
Slope (bps/mo) | -7.1 |
Rate Changes / Mo | 0.63 |
Days Since Last Change | 13 |
High (-3 m) | 4.55 % |
Low (-3 m) | 4.35 % |
Draw-down from High | -4.4 % |
Volatility (CV) | 0.016 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 3 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 (-3 m)
- Highest APY in the last 95 days.
- Low (-3 m)
- Lowest APY in the last 95 days.
- Draw-down from High
- How far today sits below the 3-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 FVCbank's Savings Account
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Feature | FVCbank | Select a bank... |
---|---|---|
Product | Advantage Direct Savings | N/A |
APY | 4.35% (as of 6/20/2025) | N/A |
Bundled Account | No | N/A |
FDIC-insured | Yes | N/A |
Online Only | Yes | N/A |
Compound Frequency | N/A | N/A |
Minimum Deposit | $500 | N/A |
Minimum Balance for APY | $500 | N/A |
Maintenance Fee | $0 | N/A |
Direct Deposit Required | No | N/A |