Neighbors Bank: Savings Account & Rates
Mission: Banksparency aims to make Neighbors Bank's savings account transparent and comparable to the market.
Analysis of Neighbors Bank
Our verdict
Neighbors Bank offers Neighbors Savings Account, a high-yield savings account paying 4.20% APY with no minimum deposit.
At 4.20% APY, Neighbors Bank pays 11x the national average (0.39%). Ranks in the top tier of 99+ accounts tracked.
Ideal User Profile
- Best for: having a branch nearby when you need one.
Important Considerations
Key Differentiators
- Stands out with A+ BBB rating, in-person banking available.
Savings Overview
Neighbors Savings Account
| Min. Deposit | $0 |
| Min. Balance | $0 |
| Maintenance Fee | $0 |
Bank Overview
- HQ LocationColumbia, Missouri
- Founded1945
- Ratings & Trust
- Zelle® SupportNo SupportStandard ACH or Wire transfers only.
- Deposit InsuranceFDIC Insured(Cert: 16247)
Top Market Contenders
Savings Account: In-Depth View
Savings Account Offered by Neighbors Bank
| Feature | Neighbors Savings Account |
|---|---|
APY | 4.20%Verified: 2/21/2026 |
APY Trend | Rate Adjusted -0.30% Since 90 days ago |
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
Savings Breakdown
- Interest Earned+$1,650.70(10.5%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$15,650.70
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 12 Months| Metric | Neighbors Savings Account |
|---|---|
Latest APY | 4.20% |
Trend | Sideways |
Slope (bps/mo) | -3.7 |
Rate Changes / Mo | 0.33 |
Days Since Last Change | 37 |
High (-12m) | 4.75% |
Low (-12m) | 4.20% |
Draw-down | -11.6% |
Volatility (CV) | 0.035 |
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 360-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: 2/21/2026 | - |
APY Trend | Rate Adjusted -0.30% Since 90 days ago | - |
| 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 | 3.20% | $0 |
| Neighbors Bank vs American Express | 3.30% | $0 |
| Neighbors Bank vs Axos Bank | 4.21% | $0 |
| Neighbors Bank vs Bank of America | 0.01% | $100 |
| Neighbors Bank vs Barclays | 3.85% | $0 |
| Neighbors Bank vs Capital One | 3.30% | $0 |
| Neighbors Bank vs Chase Bank | 0.01% | $0 |
| Neighbors Bank vs Chime | 3.00% | $0 |
| Neighbors Bank vs CIT Bank | 3.75% | $100 |
| Neighbors Bank vs Citibank | 3.20% | $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 | 4.20% | $0.01 |
| Neighbors Bank vs Openbank | 4.09% | $500 |
| Neighbors Bank vs Pibank | 4.60% | $0 |
| Neighbors Bank vs SoFi Bank | 4.00% | $0 |
| Neighbors Bank vs Synchrony Bank | 3.50% | $0 |
| Neighbors Bank vs Varo Bank | 5.00% | $0 |
| Neighbors Bank vs Wealthfront | 3.95% | $0 |
| Neighbors Bank vs Wells Fargo | 0.05% | $25 |
Alternatives to Neighbors Bank
Banks with Higher/Similar Savings APY
For a top list of the highest savings rates, see all HYSA top rates
Pibank
Pibank Savings: 4.60% APY
Minimum Deposit: $0
Online Only
Openbank
High-Yield Savings Account: 4.09% APY
Minimum Deposit: $500
Online Only
GO2bank
High Yield Savings: 4.50% APY
Bundled Savings & Checking Account
Minimum Deposit: $0
Online Only
Climate First Bank
Super Duper Savings Account: 4.21% APY
Minimum Deposit: $50
TIMBR
Premium Savings Account: 4.15% APY
Minimum Deposit: $1,000
Online Only
Fitness Bank
Fitness Savings Account: 4.20% APY
Minimum Deposit: $100
Online Only
Fitness Elite Checking & Fitness Savings Combo: 4.50% APY
Bundled Savings & Checking Account
Minimum Deposit: $100
Online Only
Bread Savings
High-Yield Savings Account: 4.00% APY
Minimum Deposit: $100
Online Only
Axos Bank
Axos ONE: 4.21% APY
Bundled Savings & Checking Account
Minimum Deposit: $0
Online Only
Summit Savings: 3.75% APY
Minimum Deposit: $0
Online Only
Carver Bank
High Yield Savings: 4.00% 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
FVCbank
Advantage Direct Savings: 4.00% APY
Minimum Deposit: $500
Online Only
My Banking Direct
High Yield Savings Account: 4.02% APY
Minimum Deposit: $500
Online Only