Poppy Bank

Last Updated: 6/20/2025

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

Quick Views

Poppy Premier Online Savings: 4.25% APY(Rank 28 out of 74 tracked HYSAs)

Minimum Deposit: $1,000 | Online Only

Poppy Premier Personal Savings: 0.50% APY(Rank 80 out of 87 savings accounts)

Minimum Deposit: $1,000

Poppy Personal Savings: 0.10% APY(Rank 82 out of 87 savings accounts)

Minimum Deposit: $1,000

National Savings Interest Rate: 0.42% (as of 5/19/2025)

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

BBB Rating: B+ (Not BBB Accredited)

App Store Rating: 4.4/5

Google Play Rating: 3.5/5

Website: Visit Poppy Bank

Our Take on Poppy Bank

Highlights

  • Poppy Premier Online Savings offers a competitive APY of 4.25%.
  • No monthly maintenance fees with electronic statements.
  • Branches available in California for in-person banking.
  • App Store rating of 4.4 indicates user satisfaction.

Considerations

  • BBB rating of B+; not BBB accredited.
  • Lower APY options available at 0.1% and 0.5%.
  • Minimum deposit and balance requirement of $1,000.
  • Direct deposit not required, but may limit access to some users.
Summary: Poppy Bank offers a strong high-yield savings option with its Premier Online Savings account at 4.25% APY, while other accounts lag behind. Monthly maintenance fees can be avoided with electronic statements. However, the bank's B+ BBB rating and lack of accreditation may concern some savers. With branches in California and decent app ratings, Poppy Bank caters well to local customers, but the $1,000 minimum deposit may deter others.

Savings Accounts

Savings Accounts Offered by Poppy Bank

FeaturePoppy Personal SavingsPoppy Premier Online SavingsPoppy Premier Personal Savings
APY
0.10% (as of 6/20/2025)4.25% (as of 6/20/2025)0.50% (as of 6/20/2025)
APY TrendStable for the last monthStable for the last monthStable for the last month
Minimum Deposit$1,000$1,000$1,000
Minimum Balance for APY$1,000$1,000$1,000
FDIC-insured
YesYesYes
Online OnlyNoYesNo
Bundled Account
NoNoNo
Direct Deposit Required
NoNoNo
Compound Frequency
DailyDailyDaily
Maintenance Fee$0, if electronic statements selected, otherwise $5$0, if electronic statements selected, otherwise $5$0, if electronic statements selected, otherwise $5
EligibilityUnited StatesUnited StatesUnited States

No deposit agreement summary available for this bank.

Calculate Savings for Poppy Bank

All calculations are based on APY.
Deposit Frequency:

Total savings breakdown:

  • Interest earned: $43 (4.12%)
  • Total contributions: $0 (0.00%)
  • Initial deposit: $1,000 (95.88%)

Your total balance

$1,043.00

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

MetricPoppy Premier Personal SavingsPoppy Premier Online SavingsPoppy Personal Savings
Latest APY0.50 %4.25 %0.10 %
TrendSidewaysFallingSideways
Slope (bps/mo)0.0-6.8-0.0
Rate Changes / Mo0.000.400.00
Days Since Last Change14939149
High (-5 m)0.50 %4.50 %0.10 %
Low (-5 m)0.50 %4.25 %0.10 %
Draw-down from High0.0 %-5.6 %0.0 %
Volatility (CV)0.0000.0240.000
APY Insights Glossary
Latest APY
Most recent advertised annual-percentage yield.
Trend
Direction over the last 5 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 (-5 m)
Highest APY in the last 150 days.
Low (-5 m)
Lowest APY in the last 150 days.
Draw-down from High
How far today sits below the 5-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

  • Affirm - 3.85% APY
  • All America Bank - 1.50-3.25% APY
  • Ally Bank - 3.50% APY
  • Amalgamated Bank - 2.25% APY
  • American Express - 3.60% APY
  • Axos Bank - 4.66% 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 - 3.60% APY
  • Bread Savings - 4.30% APY
  • BrioDirect - 4.30% APY
  • Capital One - 3.60% 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 - 4.11% APY
  • CIT Bank - 0.25-4.00% APY
  • Citibank - 3.60% APY
  • Citizens Access™ - 3.70% APY
  • Colorado Federal Savings Bank - 4.25% APY
  • ConnectOne Bank - 4.00% APY
  • Customers Bank - 4.23% APY
  • Discover Bank - 3.60% 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 - 5.00% APY
  • Flagstar Bank - 4.00% APY
  • Forbright Bank - 4.25% APY
  • FVCbank - 4.35% APY
  • High Plains Bank - 0.23-3.82% APY
  • Jenius Bank - 4.20% APY
  • LendingClub - 3.40-4.40% 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 - 4.30% APY
  • Peak Bank - 4.44% 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 - 4.35% APY
  • Quontic Bank - 3.85% APY
  • RBMAX - 4.15% APY
  • Rising Bank - 4.30% APY
  • ROGER - 4.65% 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 - 4.26% APY
  • TD Bank - 0.05-3.00% APY
  • The State Exchange Bank - 1.90% APY
  • TIMBR - 4.40% APY
  • UFB Direct - 4.01-4.21% APY
  • Upgrade - 4.02% APY
  • Valley Direct - 4.20% APY
  • Varo Bank - 2.50-5.00% APY
  • Western Alliance Bank - 4.30% APY
  • Zynlo Bank - 4.35% APY
FeaturePoppy BankSelect a bank...
ProductN/A
APY
4.25% (as of 6/20/2025)N/A
Bundled Account
NoN/A
FDIC-insured
YesN/A
Online OnlyYesN/A
Compound Frequency
DailyN/A
Minimum Deposit$1,000N/A
Minimum Balance for APY$1,000N/A
Maintenance Fee$0, if electronic statements selected, otherwise $5N/A
Direct Deposit Required
NoN/A