Neighbors Bank: Savings Accounts & Rates

Savings rates updated: 8/15/2025

Mission statement: Banksparency aims to make Neighbors Bank'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

We earn a commission if you open an account through some links on this page.

Savings Overview

Neighbors Savings Account: 4.60% APY(Rank 4 of the 20 Best Savings Rates)

Minimum Deposit: $0 | Eligible States: Limited (see below)

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: Columbia, Missouri

Founded: 1945

Access to Branches: One location in Columbia, Missouri

Deposit Insurance: FDIC Cert # 16247

BBB Rating: A+ (Not BBB Accredited)

App Store Rating: 3.5/5

Google Play Rating: 4.3/5

Website: Visit Neighbors Bank

Our Take on Neighbors Bank

Highlights

4.60% APY on balances up to $250,000
$0 minimum deposit and balance requirements
$0 maintenance fee for the account
A+ BBB rating indicates strong trustworthiness

Considerations

Only one branch located in Columbia, Missouri
3.5 App Store rating may indicate user dissatisfaction
No direct deposit requirement may limit some users
Balances above $250,000 earn only 0.05% APY

Summary: Neighbors Bank offers a competitive 4.60% APY on its Neighbors Savings Account with no minimum deposit or maintenance fees. However, it has limited physical presence with only one branch in Columbia, Missouri. The bank has an A+ BBB rating, though it is not accredited. Users may find the 3.5 App Store rating concerning, and balances exceeding $250,000 earn a significantly lower APY of 0.05%.

Savings Account: In-Depth View

Savings Account Offered by Neighbors Bank

Feature	Neighbors Savings Account
APY	4.60% (as of 8/15/2025)
APY Trend	Stable for the last quarter
Minimum Deposit	$0
Minimum Balance for APY	$0
FDIC-insured	Yes
Online Only	No
Bundled Account	No
Direct Deposit Required	No
Compound Frequency	N/A
Maintenance Fee	$0
Eligibility	Not available in Delaware.
Note	Balances up to $250,000 earn 4.60% APY. Anything above will earn 0.05% APY.
Sponsored Link
No deposit agreement summary available for this bank.

Calculate Savings for Neighbors Bank

All calculations are based on APY.

Savings Product:

Neighbors Savings Account (APY: 4.60%)

Initial Deposit:

Recurring Deposit Amount:

Deposit Frequency:

Duration:

Total savings breakdown:

Interest earned: $1,817.2 (11.49%)
Total contributions: $13,000 (82.19%)
Initial deposit: $1,000 (6.32%)

Your total balance

$15,817.20

Effective APY: 4.60% (based on your deposit and contributions)

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

Neighbors Bank Savings Rates Over Time

Historical APY Insights

Metric	Neighbors Savings Account
Latest APY	4.60 %
Trend	Sideways
Slope (bps/mo)	-1.2
Rate Changes / Mo	0.17
Days Since Last Change	158
High (-6 m)	4.75 %
Low (-6 m)	4.60 %
Draw-down from High	-3.2 %
Volatility (CV)	0.009

APY Insights Glossary

Latest APY: Most recent advertised annual-percentage yield.
Trend: Direction over the last 6 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 (-6 m): Highest APY in the last 172 days.
Low (-6 m): Lowest APY in the last 172 days.
Draw-down from High: How far today sits below the 6-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 Neighbors Bank's Savings Account

Affirm - 3.85% APY
All America Bank - 1.50-3.25% APY
Ally Bank - 3.50% APY
Amalgamated Bank - 2.25% APY
American Express - 3.50% APY
Ameriprise Bank - 3.15-3.15% APY
Axos Bank - 4.46% APY
Bank5 Connect - 4.05% APY
Bank of America - 0.01% APY
Barclays - 3.90-4.10% APY
Bask Bank - 4.20% APY
Betterment - 4.00% APY
BMO Alto - 3.50% APY
Bread Savings - 4.25% APY
BrioDirect - 4.30% APY
Capital One - 3.50% APY
Carver Bank - 4.00% APY
Charles Schwab Bank - 0.15% APY
Chase Bank - 0.01% APY
Chime - 1.25-3.75% APY
CIBC Bank USA - 4.02% APY
CIT Bank - 0.25-4.00% APY
Citibank - 3.50% APY
Citizens Access™ - 3.50% APY
Colorado Federal Savings Bank - 4.15% APY
ConnectOne Bank - 4.00% APY
Customers Bank - 4.23% APY
Discover Bank - 3.50% APY
Elevault - 4.60% APY
E*TRADE from Morgan Stanley - 4.00% APY
EverBank - 4.30% APY
Evergreen Bank Group - 4.25% APY
First Foundation Bank - 4.25% APY
Fitness Bank - 4.85% APY
Flagstar Bank - 4.00% APY
FNBO Direct - 3.25% APY
Forbright Bank - 4.25% APY
FVCbank - 4.35% APY
GO2bank - 4.50% APY
High Plains Bank - 0.23-3.82% APY
Jenius Bank - 4.20% APY
LendingClub - 3.20-4.20% APY
Live Oak Bank - 4.10% APY
Marcus by Goldman Sachs - 3.65% APY
My Banking Direct - 4.30% APY
MySavingsDirect - 3.75% APY
Newtek Bank - 4.35% APY
OMB Bank - 1.00% APY
Openbank - 4.20% APY
Peak Bank - 4.35% APY
Pibank - 4.60% APY
PNC - 3.95% APY
Poppy Bank - 4.25% APY
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

Feature	Neighbors Bank	Select a bank...
Product	Neighbors Savings Account	N/A
APY	4.60% (as of 8/15/2025)	N/A
Bundled Account	No	N/A
FDIC-insured	Yes	N/A
Online Only	No	N/A
Compound Frequency	N/A	N/A
Minimum Deposit	$0	N/A
Minimum Balance for APY	$0	N/A
Maintenance Fee	$0	N/A
Direct Deposit Required	No	N/A
Eligibility	Not available in Delaware.	United States
Note	Balances up to $250,000 earn 4.60% APY. Anything above will earn 0.05% APY.	N/A