OMB Bank: Savings Account & Rates

By Aviel Fahl

Updated: 1/21/2026

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

Interest rates reported as APY

Savings Overview

High Interest Savings Account

1.00% APY

Very StableNo rate changes in last 90 days

Min: $25 Checking Bundle Branch Access

Min. Deposit	$25
Min. Balance	$0
Maintenance Fee	$0

Rank #92 of 99 tracked.

The 1.00% APY is only available for balances up to $100,000. For balances above that, the APY is 0.25%. Requires an OMB High Interest Checking or OMB Rewards Checking account as well as qualifying activities to earn the APY. In addition, the account must be opened in a branch or by contacting a branch representative.

Market Reality Check

This bank offers rates below the current top tier. The best rates we track are currently above 4.20% APY.

See Top Rates

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

Bank Overview

HQ LocationSpringfield, Missouri
Founded1883
Ratings & Trust
4.7iOS 4.6Android A+BBB Not BBB Accredited
Zelle® SupportAvailable
Old Missouri Bank; full native integration.
Deposit InsuranceFDIC Insured(Cert: 8252)

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 OMB Bank

The Good

Low opening deposit ($25)
No monthly maintenance fees
Highly rated mobile apps (iOS: 4.7, Android: 4.6)
Access to physical branches

Considerations

APY drastically decreases for balances over $100,000
Requires opening a checking account (bundled)
Yield is below current market leaders

Verdict

OMB Bank offers a High Interest Savings Account with an APY of 1.00% for balances up to $100,000; however, balances exceeding this amount will earn a reduced APY of 0.25%. To qualify for this rate, customers must also open an OMB High Interest Checking or OMB Rewards Checking account and meet certain qualifying activities. The account can be opened at a branch or by contacting a representative, and there are no direct deposit requirements. While it features a low opening deposit of $25 and no monthly maintenance fees, the yield is below current market leaders.

Savings Account: In-Depth View

Savings Account Offered by OMB Bank

Feature	High Interest Savings Account
APY	1.00%Verified: 1/21/2026
APY Trend	Very StableNo rate changes in last 90 days
Min. Deposit	$25
Min. Balance	$0
Monthly Fee	$0
Direct Deposit	None
Checking Bundle	Yes
Branch Access	Yes
Compounding	Quarterly
FDIC Insured	Yes
Eligibility	United States
Important	The 1.00% APY is only available for balances up to $100,000. For balances above that, the APY is 0.25%. Requires an OMB High Interest Checking or OMB Rewards Checking account as well as qualifying activities to earn the APY. In addition, the account must be opened in a branch or by contacting a branch representative.
Next Steps	-

Calculate Savings for OMB Bank

All calculations are based on APY.

Selected Product

High Interest Savings Account1.00% APY

Initial Deposit

Recurring Deposit

Frequency

Duration

ℹ️Earn 1.00% on first $100,000, and 0.25% on the rest.

Savings Breakdown

Interest Earned
+$377.30(2.6%)
Total Contributions
$13,000
Initial Deposit
$1,000

Projected Balance

$14,377.30

Effective APY

1.00%

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

OMB Bank Savings Rates Over Time

Historical APY Insights

Last 10 Months

Metric	High Interest Savings Account	High Interest Online Savings Account
Latest APY	1.00%	4.56%
Trend	Sideways	Sideways
Slope (bps/mo)	0.0	-0.0
Rate Changes / Mo	0.00	0.00
Days Since Last Change	308	308
High (-10m)	1.00%	4.56%
Low (-10m)	1.00%	4.56%
Draw-down	0.0%	0.0%
Volatility (CV)	0.000	0.000

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 309-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 OMB Bank

Feature	Current View OMB Bank	Empty Slot
Product	High Interest Savings Account	-
APY	1.00%Verified: 1/21/2026	-
APY Trend	Very StableNo rate changes in last 90 days	-
Min. Deposit	$25	-
Monthly Fee	$0	-
Direct Deposit	No	-
Checking Bundle	Yes	-
Branch Access	Yes	-
Eligibility	United States	-
Compounding	Quarterly	-
FDIC Insured	Yes	-
Note	The 1.00% APY is only available for balances up to $100,000. For balances above that, the APY is 0.25%. Requires an OMB High Interest Checking or OMB Rewards Checking account as well as qualifying activities to earn the APY. In addition, the account must be opened in a branch or by contacting a branch representative.	-
Next Steps	-	-