Neighbors Bank: Savings Account & Rates

By Aviel Fahl

Updated: 1/21/2026

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

4.20% APY

7 days

↘︎ 0.10%

90 days

↘︎ 0.30%

No Minimums Branch Access

Min. Deposit	$0
Min. Balance	$0
Maintenance Fee	$0

Rank #10 of 99 tracked.

Balances up to $250,000 earn 4.20% APY. Anything above will earn 0.05% APY.

National Avg: 0.39% (FDIC, 1/20/2026).
Banksparency tracks live rates daily.

Bank Overview

HQ LocationColumbia, Missouri
Founded1945
Ratings & Trust
3.3iOS 4.4Android A+BBB BBB Accredited
Zelle® SupportNo Support
Standard ACH or Wire transfers only.
Deposit InsuranceFDIC Insured(Cert: 16247)

Visit Official Website

Featured Offers

Axos ONE - High Yield Savings & Checking

Over 95,000 fee-free ATMs
Get paid up to 2 days early with Direct Deposit
One convenient app for spending & saving

FDIC Insured

Savings4.31%APY

Checking0.51%APY

Go to Axos Bank

Member, FDIC

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	$0
Min. Balance in Savings Account	$0
How to qualify for APY	OPTION ADirect Deposit $1,500+ AND Maintain $1,500+ avg daily checking balance. OR OPTION BDeposit $5,000+ total/mo AND Maintain $5,000+ avg daily checking balance.
Mobile Ratings	iOS:4.7 Android:4.5

The 4.31% APY is available with the Axos ONE savings and checking bundle. The checking account earns 0.51% APY. To qualify, you must either set up a direct deposit of $1,500 and maintain an average daily balance of more than $1,500 in your ONE Checking account, or receive at least $5,000 in total monthly qualifying deposits and maintain an average daily balance of more than $5,000.

EASY TRANSFERS, LOW MINIMUMS

SponsoredVerified Jan 21, 2026

FDIC Insured

Quontic High Yield Savings

Apply in 3 minutes or less
No monthly service fees
Transfer with Zelle, Apple Pay, G-Pay, and more

FDIC Insured

Savings3.50%APY

Go to Quontic Bank

Member, FDIC

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	$100
Min. Balance in Savings Account	$0
Mobile Ratings	iOS:4.8 Android:4.9

PREMIUM ACCOUNT, GENEROUS BONUS

SponsoredVerified Jan 21, 2026

FDIC Insured

CIT Bank - Platinum Savings

Competitive APY - with a balance of $5,000+
Earn up to $300 bonus with qualifying deposit
Highly rated mobile apps

FDIC Insured

Savings3.75%APY

Up to$300Bonus

Go to CIT Bank

Member, FDIC

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	$100
Min. Balance in Savings Account	$5,000
Mobile Ratings	iOS:4.8 Android:4.6

This is a tiered savings account, where the 3.75% APY requires meeting the $5,000 balance requirement. Lower balances earn an APY of 0.25%.

Our Take on Neighbors Bank

The Good

High 4.20% 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 4.20% APY on balances up to $250,000, while amounts exceeding this threshold earn only 0.05% APY. This account features no minimum deposit or balance requirements and incurs no monthly maintenance fees. Additionally, there are no direct deposit requirements. However, it's important to note that the APY is tiered, meaning higher balances will earn significantly lower interest. Customers can enjoy a highly rated Android app, though the iOS app has received lower ratings.

Top Market Contenders

Axos Bank

4.31% APY

vs. Neighbors Bank

American Express

3.30% APY

vs. Neighbors Bank

Ally Bank

3.30% APY

vs. Neighbors Bank

Popular Peer Comparisons

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Savings Account: In-Depth View

Savings Account Offered by Neighbors Bank

Feature	Neighbors Savings Account
APY	4.20%Verified: 1/21/2026
APY Trend	7 days ↘︎ 0.10% 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 4.20% APY. Anything above will earn 0.05% APY.
Next Steps	-

Calculate Savings for Neighbors Bank

All calculations are based on APY.

Selected Product

Neighbors Savings Account4.20% APY

Initial Deposit

Recurring Deposit

Frequency

Duration

ℹ️Earn 4.20% on first $250,000, and 0.05% on the rest.

Savings Breakdown

Interest Earned
+$1,650.70(10.5%)
Total Contributions
$13,000
Initial Deposit
$1,000

Projected Balance

$15,650.70

Effective APY

4.20%

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 11 Months

Metric	Neighbors Savings Account
Latest APY	4.20%
Trend	Sideways
Slope (bps/mo)	-3.0
Rate Changes / Mo	0.36
Days Since Last Change	7
High (-11m)	4.75%
Low (-11m)	4.20%
Draw-down	-11.6%
Volatility (CV)	0.027

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 330-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
Product	Neighbors Savings Account	-
APY	4.20%Verified: 1/21/2026	-
APY Trend	7 days ↘︎ 0.10% 90 days ↘︎ 0.30%	-
Min. Deposit	$0	-
Monthly Fee	$0	-
Direct Deposit	No	-
Checking Bundle	No	-
Branch Access	Yes	-
Eligibility	Not available in Delaware.	-
Compounding	N/A	-
FDIC Insured	Yes	-
Note	Balances up to $250,000 earn 4.20% APY. Anything above will earn 0.05% APY.	-
Next Steps	-	-

Bank-to-Bank Comparisons

Compare Neighbors Bank's APY of 4.20% with other banks

Bank Pair	Competitor APY	Min Deposit
Neighbors Bank vs Ally Bank	3.30%	$0
Neighbors Bank vs American Express	3.30%	$0
Neighbors Bank vs Axos Bank	4.31%	$0
Neighbors Bank vs Bank of America	0.01%	$100
Neighbors Bank vs Barclays	4.00%	$0
Neighbors Bank vs Capital One	3.30%	$0
Neighbors Bank vs Chase Bank	0.01%	$0
Neighbors Bank vs Chime	3.50%	$0
Neighbors Bank vs CIT Bank	3.75%	$100
Neighbors Bank vs Citibank	3.30%	$0
Neighbors Bank vs Discover Bank	3.30%	$0
Neighbors Bank vs EverBank	3.90%	$0
Neighbors Bank vs Marcus by Goldman Sachs	3.65%	$0
Neighbors Bank vs Newtek Bank	4.35%	$0.01
Neighbors Bank vs Openbank	4.20%	$500
Neighbors Bank vs Pibank	4.60%	$0
Neighbors Bank vs SoFi Bank	4.00%	$0
Neighbors Bank vs Synchrony Bank	3.65%	$0
Neighbors Bank vs Varo Bank	5.00%	$0
Neighbors Bank vs Wealthfront	3.90%	$0
Neighbors Bank vs Wells Fargo	0.05%	$25