Neighbors Bank: Savings Account & Rates

By Aviel Fahl

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Updated: 1/7/2026

Mission: Banksparency aims to make Neighbors Bank's savings account transparent and comparable to the market.

Interest rates reported as APY

Savings Overview

Neighbors Savings Account

Top 20 Rate
4.30% APY
30 days
↘︎ 0.20%
90 days
↘︎ 0.30%
No Minimums Branch Access
Min. Deposit$0
Min. Balance$0
Maintenance Fee$0
Rank #9 of 102 tracked.
Balances up to $250,000 earn 4.30% APY. Anything above will earn 0.05% APY.
National Avg: 0.39% (FDIC, 12/15/2025).
Banksparency tracks live rates daily.

Bank Overview

Our Take on Neighbors Bank

The Good

  • High 4.30% APY on balances up to $250,000
  • No minimum deposit or balance requirements
  • No monthly maintenance fees
  • Highly rated Android app (4.4 stars)
  • Access to physical branches

Considerations

  • APY drastically decreases for balances over $250,000
  • Low-rated iOS app (3.3 stars)
Verdict

Neighbors Bank offers a Neighbors Savings Account with a competitive 4.30% APY on balances up to $250,000. However, any amount exceeding this threshold will earn a significantly lower rate of 0.05% APY. This account has no minimum deposit or balance requirements and does not charge monthly maintenance fees. Additionally, there are no direct deposit requirements. While the bank provides access to physical branches and boasts a highly rated Android app (4.4 stars), the iOS app has a lower rating (3.3 stars).

Top Market Contenders

CIT Bank
3.75% APY
EverBank
3.90% APY
Axos Bank
4.31% APY

Savings Account: In-Depth View

Savings Account Offered by Neighbors Bank

Feature
Neighbors Savings Account
APY
4.30%Verified: 1/7/2026
APY Trend
30 days
↘︎ 0.20%
90 days
↘︎ 0.30%
Min. Deposit
$0
Min. Balance
$0
Monthly Fee
$0
Direct Deposit
None
Checking Bundle
No
Branch Access
Yes
Compounding
N/A
FDIC Insured
Yes
Eligibility
Not available in Delaware.
Important
Balances up to $250,000 earn 4.30% APY. Anything above will earn 0.05% APY.
Next Steps-

Calculate Savings for Neighbors Bank

All calculations are based on APY.
Neighbors Savings Account4.30% APY
$
$
ℹ️Earn 4.30% on first $250,000, and 0.05% on the rest.

Savings Breakdown

  • Interest Earned
    +$1,692.20(10.8%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $1,000

Projected Balance

$15,692.20

Effective APY
4.30%

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

Last 10 Months
MetricNeighbors Savings Account
Latest APY
4.30%
Trend
Sideways
Slope (bps/mo)
-2.6
Rate Changes / Mo
0.29
Days Since Last Change
28
High (-10m)
4.75%
Low (-10m)
4.30%
Draw-down
-9.5%
Volatility (CV)
0.023
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 315-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 Neighbors Bank

Feature
Current View
Neighbors Bank
Empty Slot
ProductNeighbors Savings Account-
APY
4.30%Verified: 1/7/2026
-
APY Trend
30 days
↘︎ 0.20%
90 days
↘︎ 0.30%
-
Min. Deposit$0-
Monthly Fee$0-
Direct Deposit
No-
Checking Bundle
No-
Branch AccessYes-
EligibilityNot available in Delaware.-
Compounding
N/A-
FDIC Insured
Yes-
NoteBalances up to $250,000 earn 4.30% APY. Anything above will earn 0.05% APY.-
Next Steps--

Bank-to-Bank Comparisons

Compare Neighbors Bank's APY of 4.30% with other banks
Bank PairCompetitor APYMin Deposit
Neighbors Bank vs Affirm3.20%$0
Neighbors Bank vs Ally Bank3.30%$0
Neighbors Bank vs American Express3.30%$0
Neighbors Bank vs Axos Bank4.31%$0
Neighbors Bank vs Bank of America0.01%$100
Neighbors Bank vs Barclays4.00%$0
Neighbors Bank vs Bask Bank3.75%$0
Neighbors Bank vs Betterment3.25%$10
Neighbors Bank vs BMO Alto3.25%$0
Neighbors Bank vs Bread Savings4.05%$100
Neighbors Bank vs BrioDirect3.75%$5,000
Neighbors Bank vs Capital One3.40%$0
Neighbors Bank vs Carver Bank4.00%$5,000
Neighbors Bank vs Charles Schwab Bank0.15%$0
Neighbors Bank vs Chase Bank0.01%$0
Neighbors Bank vs Chime3.50%$0
Neighbors Bank vs CIT Bank3.75%$100
Neighbors Bank vs Citibank3.30%$0
Neighbors Bank vs Citizens Access™3.15%$0.01
Neighbors Bank vs Climate First Bank4.21%$50
Neighbors Bank vs Colorado Federal Savings Bank4.05%$50,000
Neighbors Bank vs Discover Bank3.40%$0
Neighbors Bank vs E*TRADE from Morgan Stanley3.50%$0
Neighbors Bank vs Elevault3.82%$0
Neighbors Bank vs EverBank3.90%$0
Neighbors Bank vs Fitness Bank4.75%$100
Neighbors Bank vs FNBO Direct3.00%$1
Neighbors Bank vs Forbright Bank4.00%$0
Neighbors Bank vs FVCbank3.85%$500
Neighbors Bank vs GO2bank4.50%$0
Neighbors Bank vs Ivy Bank4.10%$2,500
Neighbors Bank vs Jenius Bank4.05%$0
Neighbors Bank vs LendingClub4.00%$0
Neighbors Bank vs Marcus by Goldman Sachs3.65%$0
Neighbors Bank vs MutualOne Bank4.07%$20,000
Neighbors Bank vs My Banking Direct4.02%$500
Neighbors Bank vs Newtek Bank4.35%$0.01
Neighbors Bank vs Openbank4.20%$500
Neighbors Bank vs Peak Bank3.99%$100
Neighbors Bank vs Pibank4.60%$0
Neighbors Bank vs PNC3.30%$0
Neighbors Bank vs Popular Direct3.90%$100
Neighbors Bank vs Presidential Bank3.75%$5,000
Neighbors Bank vs Quontic Bank3.50%$100
Neighbors Bank vs Salem Five Direct3.61%$10
Neighbors Bank vs Sallie Mae Bank3.90%$0
Neighbors Bank vs Santander Bank0.01%$25
Neighbors Bank vs SoFi Bank4.00%$0
Neighbors Bank vs Synchrony Bank3.65%$0
Neighbors Bank vs TD Bank2.60%$0
Neighbors Bank vs TIMBR4.40%$1,000
Neighbors Bank vs UFB Direct3.46%$5000
Neighbors Bank vs Upgrade3.05%$0
Neighbors Bank vs Valley Direct4.00%$1,000
Neighbors Bank vs Varo Bank5.00%$0
Neighbors Bank vs Vio Bank4.09%$100
Neighbors Bank vs Wealthfront3.90%$0
Neighbors Bank vs Wells Fargo0.05%$25
Neighbors Bank vs Zynlo Bank3.85%$10

Alternatives to Neighbors Bank

Banks with Higher/Similar Savings APY

For a top list of the highest savings rates, see all HYSA top rates

Axos Bank

Axos ONE: 4.31% APY

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Minimum Deposit: $0

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Summit Savings: 3.75% APY

Minimum Deposit: $0

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Minimum Deposit: $0

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Jenius Bank

Jenius Savings: 4.05% APY

Minimum Deposit: $0

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Newtek Bank

Personal High Yield Savings: 4.35% APY

Minimum Deposit: $0.01

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Bread Savings

High-Yield Savings Account: 4.05% APY

Minimum Deposit: $100

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Ivy Bank

High-Yield Savings Account: 4.10% APY

Minimum Deposit: $2,500

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Eligible States: Limited (see details)

Carver Bank

High Yield Savings: 4.00% APY

Minimum Deposit: $5,000

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Colorado Federal Savings Bank

High Yield Savings: 4.00% APY

Minimum Deposit: $1

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Premier Savings: 4.05% APY

Minimum Deposit: $50,000

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Evergreen Bank Group

High-Yield Online Savings: 4.25% APY (Inactive)

Minimum Deposit: $100

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My Banking Direct

High Yield Savings Account: 4.02% APY

Minimum Deposit: $500

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Climate First Bank

Super Duper Savings Account: 4.21% APY

Minimum Deposit: $50

TIMBR

Premium Savings Account: 4.40% APY

Minimum Deposit: $1,000

Online Only

Vio Bank

Online Savings Account: 4.09% APY

Minimum Deposit: $100

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