Neighbors Bank savings rates
Neighbors Bank advertises 4.10% APY on its Neighbors Savings Account. That is 3.72 percentage points above the national savings average of 0.38% (FDIC, Aug 2026).
Ranked #22 of 1174 tracked savings rates by advertised APY. For a $10,000 balance it would rank #12. It was #10 three months ago. The bank has cut this rate once in the last 12 months.
Neighbors Bank at a glance
| Savings | |
|---|---|
| Top savings APY | 4.10% · Neighbors Savings Account |
| Minimum to open | $0 · Neighbors Savings Account |
| Against the national average | 3.72 percentage points above the 0.38% FDIC savings average (Aug 2026) |
| FDIC certificate | 16247 · Clarence, MO |
|---|---|
| Website | www.neighborsbank.com |
| Branches | 1 branch in MO |
| Availability | Nationally available |
Neighbors Bank savings rates
Rates are APY. The national savings average is 0.38% (FDIC, Aug 2026). The top tracked savings rate on Banksparency is 5.50%. Across 60 savings accounts from 58 banks in the Banksparency core savings index, the median advertised rate is 3.50%, and one account in ten advertises 4.01% or more. See the highest savings rates.
Interactive Tool
Calculate Savings for Neighbors Bank
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$1,609.30(10.3%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$15,609.30
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What Neighbors Bank 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, Neighbors Bank paid a higher average rate on savings and money market deposits than 97% of banks that reported a figure (3,938 banks; FDIC call report). The all-bank median was 1.45%.
- Neighbors Bank, 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 3,938 banks that reported a figure for the quarter ending June 30, 2026.
So what is the catch?
| Product | APY | Min to open | Min to earn | Balance cap | Monthly fee | Requirements | Rate type | 12-mo trend |
|---|---|---|---|---|---|---|---|---|
| Neighbors Savings Account | 4.10% | $0 | $0 | None | $0 | 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.
Every requirement above is explicit: no minimum, no fee, no direct deposit, no linked account (observed Sep 14, 2026).
Opening and using the account
| Availability | Nationally available |
|---|---|
| Footprint | 1 branch in MO |
| App Store rating | 3.3 out of 5 |
| Google Play rating | 4.6 out of 5 |
| Eligibility | Not available in Delaware. |
How Neighbors Bank behaves over time
- 12-month high
- 4.60%
- 12-month low
- 4.10%
- Advertised now
- 4.10%
- 0.50 percentage points below the 12-month high
- Observed cuts, 12 months
- 1
- In a window with 3 Federal Reserve cuts
The advertised Neighbors Savings Account rate, observed through Sep 14, 2026. The series includes promotional tiers where one applied.
Recent rate changes, as observed
- Obs. May 6, 2026Neighbors Savings AccountCut:4.20%to4.10%
- Neighbors Savings Account
- Down 0.10 percentage points from 7 days ago.
At the top advertised rates we observed for Neighbors Bank's Neighbors Savings Account, $10,000 would have grown to about $10,424 over the past year. Prices rose 3.4% in the year to July 2026 (Consumer Price Index (CPI)). So it buys as much as $10,086 did a year ago. The series includes promotional tiers where one applied. See how the federal funds rate shapes savings rates.
- Neighbors Savings Account APY
- Banksparency savings index
- Consumer price index, year over year
- Fed rate cut
Who is Neighbors Bank?
| Headquarters | Clarence, MO |
|---|---|
| Founded | 1945 |
| Scale | $116M assets · $82M deposits, $72M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 16247 |
| BBB rating | A+ · BBB Accredited |
Financial detail is in What Neighbors Bank pays on deposits above.
Common questions about Neighbors Bank
Is Neighbors Bank FDIC insured?
Yes. Neighbors Bank is FDIC insured under certificate 16247, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at Neighbors Bank?
Neighbors Bank requires no minimum deposit to open its Neighbors Savings Account, as observed on Sep 14, 2026. Check the bank's current terms before you open an account.
Does Neighbors Bank have branches?
Yes. Neighbors Bank operates 1 branch according to FDIC branch records, in addition to its website and mobile apps.
Neighbors Bank against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| Neighbors Bank | 4.10% | 3.33% | $0 | 1 branch in MO |
| Pibank | 4.10% | 4.29% | $0 | not stated |
| Diamond Bank | 4.06% | 1.31% | $10 | 14 branches in AR, TX |
| Credit One Bank, National Association | 4.05% | 3.31% | $100,000 | 1 branch in NV |
Alternatives are the three tracked banks whose highest savings APY is closest to Neighbors Bank's.
Compare Neighbors Bank with another bank
Each link opens a full comparison page, with the two banks side by side and their current savings rates.
- Neighbors Bank vs CIT Bank
- Neighbors Bank vs Barclays
- Neighbors Bank vs Marcus by Goldman Sachs
- Neighbors Bank vs SoFi Bank
- Neighbors Bank vs Axos Bank
American Express held $171,554,868,000 at June 30, 2026, while Neighbors Bank held $82,125,000 at the same date.
Neighbors Bank vs American Express
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