FVCbank: Savings Account & Rates
Mission: Banksparency aims to make FVCbank's savings account transparent and comparable to the market.
Savings Overview
Advantage Direct Savings
| Min. Deposit | $500 |
| Min. Balance | $500 |
| Maintenance Fee | $0 |
Market Reality Check
This bank offers rates below the current top tier. The best rates we track are currently above 4.21% APY.
Bank Overview
- HQ LocationFairfax, Virginia
- Founded2007
- Ratings & Trust
- Zelle® SupportAvailableIntegrated into mobile app.
- Deposit InsuranceFDIC Insured(Cert: 58696)
Our Take on FVCbank
The Good
- Decent APY of 3.85%
- No monthly maintenance fees
- Highly rated iOS app (4.4 stars)
Considerations
- No physical branch access (online only)
FVCbank offers the Advantage Direct Savings account with an attractive APY of 3.85%. This account has no monthly maintenance fees and does not require direct deposit or checking account linkage. However, it is important to note that FVCbank operates online only, meaning there is no physical branch access. The bank is also recognized for its highly rated iOS app, which boasts a score of 4.4 stars.
Top Market Contenders
Savings Account: In-Depth View
Savings Account Offered by FVCbank
| Feature | Advantage Direct Savings |
|---|---|
APY | 3.85%Verified: 1/7/2026 |
APY Trend | Rate Adjusted -0.25% Since 90 days ago |
Min. Deposit | $500 |
Min. Balance | $500 |
Monthly Fee | $0 |
Direct Deposit | None |
Checking Bundle | No |
Branch Access | None |
Compounding | N/A |
FDIC Insured | Yes |
Eligibility | United States |
| Next Steps | - |
Calculate Savings for FVCbank
Savings Breakdown
- Interest Earned+$1,506.40(9.7%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$15,506.40
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
FVCbank Savings Rates Over Time
Historical APY Insights
Last 10 Months| Metric | Advantage Direct Savings |
|---|---|
Latest APY | 3.85% |
Trend | Falling |
Slope (bps/mo) | -8.5 |
Rate Changes / Mo | 0.82 |
Days Since Last Change | 67 |
High (-10m) | 4.55% |
Low (-10m) | 3.85% |
Draw-down | -15.4% |
Volatility (CV) | 0.063 |
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 294-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 FVCbank
| Feature | Current View FVCbank | Empty Slot |
|---|---|---|
| Product | Advantage Direct Savings | - |
APY | 3.85%Verified: 1/7/2026 | - |
APY Trend | Rate Adjusted -0.25% Since 90 days ago | - |
| Min. Deposit | $500 | - |
| Monthly Fee | $0 | - |
Direct Deposit | No | - |
Checking Bundle | No | - |
| Branch Access | None | - |
| Eligibility | United States | - |
Compounding | N/A | - |
FDIC Insured | Yes | - |
| Next Steps | - | - |
Bank-to-Bank Comparisons
Compare FVCbank's APY of 3.85% with other banks
Alternatives to FVCbank
Banks with Higher/Similar Savings APY
For a top list of the highest savings rates, see all HYSA top rates
CIT Bank
Platinum Savings: 3.75% APY
Minimum Deposit: $100
Online Only
Savings Connect: 3.65% APY
Minimum Deposit: $100
Online Only
Bread Savings
High-Yield Savings Account: 4.05% APY
Minimum Deposit: $100
Online Only
LendingClub
LevelUp Savings: 4.00% APY
Minimum Deposit: $0
Online Only
Elevault
High Yield Savings Account: 3.82% APY
Minimum Deposit: $0
Online Only
Openbank
High-Yield Savings Account: 4.20% APY
Minimum Deposit: $500
Online Only
BrioDirect
High-Yield Savings Account: 3.75% APY
Minimum Deposit: $5,000
Online Only
Varo Bank
High-Yield Savings Account: 5.00% APY
Bundled Savings & Checking Account
Minimum Deposit: $0
Online Only
Direct Deposit: Min. $1,000/month
Primis Bank
Primis Savings Account: 3.85% APY
Minimum Deposit: $1
Online Only
Peak Bank
Envision High Yield Savings: 3.99% APY
Minimum Deposit: $100
Online Only
Barclays
Tiered Savings: 4.00% APY
Minimum Deposit: $0
Online Only
Online Savings: 3.60% APY
Minimum Deposit: $0
Online Only
SmartyPig
SmartyPig Account: 3.90% APY
Minimum Deposit: $0
Online Only
Presidential Bank
Advantage Savings: 3.75% APY
Bundled Savings & Checking Account
Minimum Deposit: $5,000
Direct Deposit: To earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500.