FVCbank: Savings Accounts & Rates

Savings rates updated: 8/15/2025

Mission statement: Banksparency aims to make FVCbank'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

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Savings Overview

Advantage Direct Savings: 4.35% APY(Rank 11 of the 20 Best Savings Rates)

Minimum Deposit: $500 | Online Only

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: Fairfax, Virginia

Founded: 2007

BBB Rating: A+

App Store Rating: 4.4/5

Google Play Rating: 3.4/5

Website: Visit FVCbank

Our Take on FVCbank

Highlights

  • Current APY of 4.35%, consistent with 30 days ago.
  • No maintenance fees, making it cost-effective.
  • Minimum deposit and balance of only $500.
  • BBB rating of A+ indicates high trustworthiness.

Considerations

  • Online-only account may limit access for some users.
  • Google Play rating is only 3.4, indicating potential issues.
  • Direct deposit is not required, but may deter some users.
  • Branch count is unavailable, limiting in-person support.
Summary: FVCbank offers a high-yield Advantage Direct Savings account with a competitive APY of 4.35%, unchanged over the past month. The account features no maintenance fees and a low minimum deposit of $500. However, it is an online-only account, which may not suit everyone, and it has a lower Google Play rating of 3.4. The bank's A+ BBB rating reflects its reliability.

Savings Account: In-Depth View

Savings Account Offered by FVCbank

FeatureAdvantage Direct Savings
APY
4.35% (as of 8/15/2025)
APY Trend-0.10% QoQ
Minimum Deposit$500
Minimum Balance for APY$500
FDIC-insured
Yes
Online OnlyYes
Bundled Account
No
Direct Deposit Required
No
Compound Frequency
N/A
Maintenance Fee$0
EligibilityUnited States
Sponsored Link

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: $1,712.9 (10.90%)
  • Total contributions: $13,000 (82.73%)
  • Initial deposit: $1,000 (6.36%)

Your total balance

$15,712.90

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

MetricAdvantage Direct Savings
Latest APY4.35 %
TrendFalling
Slope (bps/mo)-5.4
Rate Changes / Mo0.79
Days Since Last Change23
High (-5 m)4.55 %
Low (-5 m)4.35 %
Draw-down from High-4.4 %
Volatility (CV)0.019
APY Insights Glossary
Latest APY
Most recent advertised annual-percentage yield.
Trend
Direction over the last 5 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 (-5 m)
Highest APY in the last 151 days.
Low (-5 m)
Lowest APY in the last 151 days.
Draw-down from High
How far today sits below the 5-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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  • GO2bank - 4.50% APY
  • High Plains Bank - 0.23-3.82% APY
  • Jenius Bank - 4.20% APY
  • LendingClub - 3.20-4.20% APY
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  • Marcus by Goldman Sachs - 3.65% APY
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  • Neighbors Bank - 4.60% APY
  • Newtek Bank - 4.35% APY
  • OMB Bank - 1.00% APY
  • Openbank - 4.20% APY
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  • 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 - 3.05% 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
FeatureFVCbankSelect a bank...
ProductAdvantage Direct Savings N/A
APY
4.35% (as of 8/15/2025)N/A
Bundled Account
NoN/A
FDIC-insured
YesN/A
Online OnlyYesN/A
Compound Frequency
N/AN/A
Minimum Deposit$500N/A
Minimum Balance for APY$500N/A
Maintenance Fee$0N/A
Direct Deposit Required
NoN/A

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