Peak Bank: Savings Account & Rates
Mission: Banksparency aims to make Peak Bank's savings account transparent and comparable to the market.
Savings Overview
Envision High Yield Savings
| Min. Deposit | $100 |
| Min. Balance | $0 |
| Maintenance Fee | $0 |
Market Reality Check
This bank offers rates below the current top tier. The best rates we track are currently above 4.21% APY.
Bank Overview
- HQ LocationMcCall, Idaho
- Founded2005
- AffiliationPeak Bank is a division of Idaho First Bank
- Ratings & Trust
- Zelle® SupportNo SupportStandard ACH or Wire transfers only.
- Deposit InsuranceFDIC Insured(Cert: 58095)
Our Take on Peak Bank
The Good
- Decent APY of 3.99%
- No monthly maintenance fees
- Highly rated mobile apps (iOS: 4.8, Android: 4.6)
Considerations
- No physical branch access (online only)
Peak Bank offers the Envision High Yield Savings account with an attractive APY of 3.99%. This account has no monthly maintenance fees and does not require direct deposit or checking account linkage. However, it is an online-only service, meaning there is no physical branch access. Customers can also benefit from highly rated mobile apps, with scores of 4.8 for iOS and 4.6 for Android.
Top Market Contenders
Savings Account: In-Depth View
Savings Account Offered by Peak Bank
| Feature | Envision High Yield Savings |
|---|---|
APY | 3.99%Verified: 1/7/2026 |
APY Trend | Rate Adjusted -0.21% Since 7 days ago |
Min. Deposit | $100 |
Min. Balance | N/A |
Monthly Fee | $0 |
Direct Deposit | None |
Checking Bundle | No |
Branch Access | None |
Compounding | Daily |
FDIC Insured | Yes |
Eligibility | United States |
| Next Steps | - |
Calculate Savings for Peak Bank
Savings Breakdown
- Interest Earned+$1,563.90(10.0%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$15,563.90
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Peak Bank Savings Rates Over Time
Historical APY Insights
Last 11 Months| Metric | Envision High Yield Savings |
|---|---|
Latest APY | 3.99% |
Trend | Sideways |
Slope (bps/mo) | -4.0 |
Rate Changes / Mo | 0.64 |
Days Since Last Change | 6 |
High (-11m) | 4.54% |
Low (-11m) | 3.99% |
Draw-down | -12.1% |
Volatility (CV) | 0.033 |
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 327-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 Peak Bank
| Feature | Current View Peak Bank | Empty Slot |
|---|---|---|
| Product | Envision High Yield Savings | - |
APY | 3.99%Verified: 1/7/2026 | - |
APY Trend | Rate Adjusted -0.21% Since 7 days ago | - |
| Min. Deposit | $100 | - |
| Monthly Fee | $0 | - |
Direct Deposit | No | - |
Checking Bundle | No | - |
| Branch Access | None | - |
| Eligibility | United States | - |
Compounding | Daily | - |
FDIC Insured | Yes | - |
| Next Steps | - | - |
Bank-to-Bank Comparisons
Compare Peak Bank's APY of 3.99% with other banks
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