Poppy Bank: Savings Accounts & Rates

Savings rates updated: 8/15/2025

Mission statement: Banksparency aims to make Poppy Bank's savings accounts transparent and comparable to those of other banks. Learn more about Banksparency.

Note: Interest rates below are reported as APY, or Annual Percentage Yield

We earn a commission if you open an account through some links on this page.

Savings Overview

Poppy Premier Online Savings: 4.25% APY(Rank 25 out of 81 tracked HYSAs)

Minimum Deposit: $1,000 | Online Only

Poppy Premier Personal Savings: 0.50% APY(Rank 86 out of 94 savings accounts)

Minimum Deposit: $1,000

Poppy Personal Savings: 0.10% APY(Rank 88 out of 94 savings accounts)

Minimum Deposit: $1,000

National Savings Interest Rate: 0.38% (as of 7/21/2025)

Note: The FDIC tracks savings and CD rates nationally, but it does not report APY, only the average interest rate.

(Source: FDIC)

Bank Overview

Location: Santa Rosa, California

Founded: 2005

Affiliation: Formerly First Community Bank.

Access to Branches: Branches in California

Deposit Insurance: FDIC Cert # 57903

BBB Rating: A- (Not BBB Accredited)

App Store Rating: 4.4/5

Google Play Rating: 3.7/5

Website: Visit Poppy Bank

Our Take on Poppy Bank

Highlights

Poppy Premier Online Savings offers a competitive APY of 4.25%
No maintenance fees with electronic statements for all accounts
A- BBB rating indicates good trustworthiness
App Store rating of 4.4 suggests user satisfaction

Considerations

Minimum deposit and balance of $1,000 required for all accounts
No direct deposit requirement may limit some users
Google Play rating of 3.7 is relatively low
Only branches located in California

Summary: Poppy Bank offers three savings accounts, with the Poppy Premier Online Savings providing the highest APY at 4.25%. All accounts require a minimum deposit and balance of $1,000, and maintenance fees can be avoided with electronic statements. The bank has an A- BBB rating, but its Google Play rating is lower at 3.7. Customers should note that branches are only available in California.

Savings Accounts: In-Depth View

Savings Accounts Offered by Poppy Bank

Feature	Poppy Personal Savings	Poppy Premier Online Savings	Poppy Premier Personal Savings
APY	0.10% (as of 8/15/2025)	4.25% (as of 8/15/2025)	0.50% (as of 8/15/2025)
APY Trend	Stable for the last quarter	Stable for the last quarter	Stable for the last quarter
Minimum Deposit	$1,000	$1,000	$1,000
Minimum Balance for APY	$1,000	$1,000	$1,000
FDIC-insured	Yes	Yes	Yes
Online Only	No	Yes	No
Bundled Account	No	No	No
Direct Deposit Required	No	No	No
Compound Frequency	Daily	Daily	Daily
Maintenance Fee	$0, if electronic statements selected, otherwise $5	$0, if electronic statements selected, otherwise $5	$0, if electronic statements selected, otherwise $5
Eligibility	United States	United States	United States
Sponsored Link
No deposit agreement summary available for this bank.

Calculate Savings for Poppy Bank

All calculations are based on APY.

Choose savings account:

Initial Deposit:

Recurring Deposit Amount:

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Duration:

Total savings breakdown:

Interest earned: $1,671.4 (10.67%)
Total contributions: $13,000 (82.95%)
Initial deposit: $1,000 (6.38%)

Your total balance

$15,671.40

Effective APY: 4.25% (based on your deposit and contributions)

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

Poppy Bank Savings Rates Over Time

Historical APY Insights

Metric	Poppy Premier Personal Savings	Poppy Premier Online Savings	Poppy Personal Savings
Latest APY	0.50 %	4.25 %	0.10 %
Trend	Sideways	Falling	Sideways
Slope (bps/mo)	0.0	-5.5	-0.0
Rate Changes / Mo	0.00	0.29	0.00
Days Since Last Change	207	96	207
High (-7 m)	0.50 %	4.50 %	0.10 %
Low (-7 m)	0.50 %	4.25 %	0.10 %
Draw-down from High	0.0 %	-5.6 %	0.0 %
Volatility (CV)	0.000	0.027	0.000

APY Insights Glossary

Latest APY: Most recent advertised annual-percentage yield.
Trend: Direction over the last 7 months (regression slope).
Slope (bps/mo): Average monthly change; 10 bps = 0.10 pp.
Rate Changes / Mo: Typical number of APY moves per month.
Days Since Last Change: Recency of the latest APY adjustment.
High (-7 m): Highest APY in the last 208 days.
Low (-7 m): Lowest APY in the last 208 days.
Draw-down from High: How far today sits below the 7-month peak.
Volatility (CV): Coefficient of variation = stdev ÷ mean.

Why Track Savings-Account APYs?

See how quickly a bank reacts to Fed moves or competition.
Gauge “twitchiness” - frequent moves can annoy savers.
Spot if you're buying near a peak (draw-down) or riding a rise.
Slope (bps/mo) shows speed of change.
Volatility (CV) scales jumps by average level.

Compare Poppy Bank's Savings Accounts

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All America Bank - 1.50-3.25% APY
Ally Bank - 3.50% APY
Amalgamated Bank - 2.25% APY
American Express - 3.50% APY
Ameriprise Bank - 3.15-3.15% APY
Axos Bank - 4.46% APY
Bank5 Connect - 4.05% APY
Bank of America - 0.01% APY
Barclays - 3.90-4.10% APY
Bask Bank - 4.20% APY
Betterment - 4.00% APY
BMO Alto - 3.50% APY
Bread Savings - 4.25% APY
BrioDirect - 4.30% APY
Capital One - 3.50% APY
Carver Bank - 4.00% APY
Charles Schwab Bank - 0.15% APY
Chase Bank - 0.01% APY
Chime - 1.25-3.75% APY
CIBC Bank USA - 4.02% APY
CIT Bank - 0.25-4.00% APY
Citibank - 3.50% APY
Citizens Access™ - 3.50% APY
Colorado Federal Savings Bank - 4.15% APY
ConnectOne Bank - 4.00% APY
Customers Bank - 4.23% APY
Discover Bank - 3.50% APY
Elevault - 4.60% APY
E*TRADE from Morgan Stanley - 4.00% APY
EverBank - 4.30% APY
Evergreen Bank Group - 4.25% APY
First Foundation Bank - 4.25% APY
Fitness Bank - 4.85% APY
Flagstar Bank - 4.00% APY
FNBO Direct - 3.25% APY
Forbright Bank - 4.25% APY
FVCbank - 4.35% APY
GO2bank - 4.50% APY
High Plains Bank - 0.23-3.82% APY
Jenius Bank - 4.20% APY
LendingClub - 3.20-4.20% APY
Live Oak Bank - 4.10% APY
Marcus by Goldman Sachs - 3.65% APY
My Banking Direct - 4.30% APY
MySavingsDirect - 3.75% APY
Neighbors Bank - 4.60% APY
Newtek Bank - 4.35% APY
OMB Bank - 1.00% APY
Openbank - 4.20% APY
Peak Bank - 4.35% APY
Pibank - 4.60% APY
PNC - 3.95% APY
Popular Direct - 4.05% APY
Presidential Bank - 4.00-4.50% APY
Prime Alliance Bank - 4.05% APY
Primis Bank - 4.20% APY
Quontic Bank - 3.75% APY
RBMAX - 4.15% APY
Rising Bank - 4.30% APY
ROGER - 4.12% APY
Salem Five Direct - 4.01% APY
Sallie Mae Bank - 3.90% APY
Santander Bank - 0.03% APY
SoFi Bank - 3.80% APY
Synchrony Bank - 3.80% APY
TAB Bank - 4.15% APY
TD Bank - 0.05-3.00% APY
The State Exchange Bank - 3.05% APY
TIMBR - 4.40% APY
UFB Direct - 4.01-4.21% APY
Upgrade - 4.02% APY
Valley Direct - 4.30% APY
Varo Bank - 2.50-5.00% APY
Wells Fargo - 0.05-2.51% APY
Western Alliance Bank - 4.30% APY
Zynlo Bank - 4.35% APY

Feature	Poppy Bank	Select a bank...
Product		N/A
APY	4.25% (as of 8/15/2025)	N/A
Bundled Account	No	N/A
FDIC-insured	Yes	N/A
Online Only	Yes	N/A
Compound Frequency	Daily	N/A
Minimum Deposit	$1,000	N/A
Minimum Balance for APY	$1,000	N/A
Maintenance Fee	$0, if electronic statements selected, otherwise $5	N/A
Direct Deposit Required	No	N/A

Alternatives to Poppy Bank

Banks with Higher/Similar Savings APY

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

TIMBR

Premium Savings Account: 4.40% APY

Minimum Deposit: $1,000

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Valley Direct

High-Yield Savings Account: 4.30% APY

Minimum Deposit: $1000

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Eligible States: Limited (see details)

Colorado Federal Savings Bank

High Yield Savings: 4.10% APY

Minimum Deposit: $1

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Summit Savings: 4.00% APY

Minimum Deposit: $0

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High Yield Savings: 0.61% APY

Minimum Deposit: $0

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