Poppy Bank: Savings Accounts & Rates

Savings rates updated: 10/1/2025

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 19 of the 20 Best Savings Rates)

Minimum Deposit: $1,000 | Online Only

Poppy Premier Personal Savings: 0.50% APY(Rank 88 out of 97 savings accounts)

Minimum Deposit: $1,000

Poppy Personal Savings: 0.10% APY(Rank 91 out of 97 savings accounts)

Minimum Deposit: $1,000

National Savings Interest Rate: 0.4% (as of 9/15/2025)

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: 4.3/5

Google Play Rating: 3.8/5

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 selected
A- BBB rating indicates good trustworthiness
Branches available in California for in-person banking

Considerations

Minimum deposit and balance requirement of $1,000
No direct deposit requirement may limit some users
Poppy Personal Savings and Poppy Premier Personal Savings have lower APYs
Not BBB Accredited despite A- rating

Summary: Poppy Bank offers three savings accounts, with the Poppy Premier Online Savings providing the highest APY of 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 is not accredited. With branches in California, it provides some in-person banking options, though the lack of a direct deposit requirement may restrict accessibility for some savers.

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 10/1/2025)	4.25% (as of 10/1/2025)	0.50% (as of 10/1/2025)
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	Sideways	Sideways
Slope (bps/mo)	0.0	-4.3	-0.0
Rate Changes / Mo	0.00	0.24	0.00
Days Since Last Change	252	141	252
High (-8 m)	0.50 %	4.50 %	0.10 %
Low (-8 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 8 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 (-8 m): Highest APY in the last 252 days.
Low (-8 m): Lowest APY in the last 252 days.
Draw-down from High: How far today sits below the 8-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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TIMBR - 4.40% APY
UFB Direct - 3.90-4.10% APY
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Valley Direct - 4.10% APY
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Wells Fargo - 0.05-2.51% APY
Western Alliance Bank - 4.10% APY
Zynlo Bank - 4.35% APY

Feature	Poppy Bank	Select a bank...
Product		N/A
APY	4.25% (as of 10/1/2025)	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