Primis Bank
Last Updated: 4/2/2025
Note: Interest rates below are reported as APY, or Annual Percentage YieldQuick Views
Primis Savings Account: 4.35% APY(Rank 24 out of 75 HYSAs)
Minimum Deposit: $1 | Online Only
National Savings Interest Rate: 0.41% (as of 3/17/2025)
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: Glen Allen, Virginia
Founded: 2005
Affiliation: Primis Financial Corp. (Nasdaq: FRST) is the holding company for Primis Bank
Access to Branches: Locations in Virginia
BBB Rating: A+ (Not BBB Accredited)
App Store Rating: 3.8/5
Google Play Rating: 3.8/5
Website: Visit Primis Bank
Savings Account
Savings Accounts Offered by Primis Bank
| Feature | Primis Savings Account |
|---|---|
| APY | 4.35% (as of 4/2/2025) |
| APY Trend | Stable |
| Minimum Deposit | $1 |
| Minimum Balance for APY | $0 |
| FDIC-insured | Yes |
| Online Only | Yes |
| Bundled Account | No |
| Direct Deposit Required | No |
| Compound Frequency | Monthly |
| Maintenance Fee | $0 |
| Eligibility | United States |
| Note | Primis deposit accounts are not available in Puerto Rico or other US territories. |
No deposit agreement summary available for this bank. | |
Calculate Savings for Primis Bank
Primis Savings Account (APY: 4.35%)
Total savings breakdown:
- Interest earned: $4 (3.85%)
- Total contributions: $0 (0.00%)
- Initial deposit: $100 (96.15%)
Your total balance
$104.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Primis Bank Savings Rates Over Time
Historical APY Insights
| Metric | Primis Savings Account |
|---|---|
| Highest APY | 4.35% |
| Lowest APY | 4.35% |
| Latest APY | 4.35% |
| Trend | Stable |
| Volatility | 0.00% |
Compare Primis Bank's Savings Account
- Affirm - 3.85% APY
- All America Bank - 1.50-3.49% APY
- Ally Bank - 3.60% APY
- Amalgamated Bank - 2.25% APY
- American Express - 3.70% APY
- Axos Bank - 4.66% APY
- Bank5 Connect - 4.15% APY
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- Bask Bank - 4.35% APY
- Betterment - 4.00% APY
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| Feature | Primis Bank | Select a bank... |
|---|---|---|
| Product | Primis Savings Account | N/A |
| APY | 4.35% (as of 4/2/2025) | N/A |
| Bundled Account | No | N/A |
| FDIC-insured | Yes | N/A |
| Online Only | Yes | N/A |
| Compound Frequency | Monthly | N/A |
| Minimum Deposit | $1 | N/A |
| Minimum Balance for APY | $0 | N/A |
| Maintenance Fee | $0 | N/A |
| Direct Deposit Required | No | N/A |
| Note | Primis deposit accounts are not available in Puerto Rico or other US territories. | N/A |
Primis Bank vs. Major Banks: Savings Accounts
Click on the items below to view the comparisons
| Feature | Primis Bank | Bank of America |
|---|---|---|
| Primis Savings Account | Advantage Savings | |
| APY | 4.35% APY) (as of 4/2/2025) | 0.01% APY (as of 4/2/2025) |
| Bundled Account | No | No |
| FDIC-insured | Yes | Yes |
| Online Only | Yes | No |
| Compound Frequency | Monthly | Monthly |
| Minimum Deposit | $1 | $100 |
| Minimum Balance for APY | $0 | N/A |
| Maintenance Fee | $0 | $8 |
| Direct Deposit Required | No | No |
| Eligibility | United States | United States |
| Note | Primis deposit accounts are not available in Puerto Rico or other US territories. | APY may vary by market. The monthly fee may be waived under some circumstances, such as if you maintain a minimum balance of $500, or are below the age of 25, etc. |
| Feature | Primis Bank | Citibank | |
|---|---|---|---|
| Primis Savings Account | Citi® Savings Account | Citi Accelerate Savings | |
| APY | 4.35% APY) (as of 4/2/2025) | 0.03% APY (as of 4/2/2025) | 3.70% APY |
| Bundled Account | No | No | No |
| FDIC-insured | Yes | Yes | Yes |
| Online Only | Yes | No | Yes |
| Compound Frequency | Monthly | Daily | Daily |
| Minimum Deposit | $1 | $0 | $0 |
| Minimum Balance for APY | $0 | $0.01 | $0.01 |
| Maintenance Fee | $0 | $4.50. Waived for average monthly balances > $500 | $4.50. Waived for average monthly balances > $500 |
| Direct Deposit Required | No | No | No |
| Eligibility | United States | California, Connecticut, Maryland, Nevada, New Jersey, New York, Virginia (partial), Washington D.C., and select parts of Florida and Illinois. In addition, promotional rates may be available if requirements are met. | Alaska, Alabama, Arkansas, Arizona, Colorado, Delaware, Florida (select parts), Georgia, Hawaii, Iowa, Idaho, Illinois (select parts), Indiana, Kansas, Kentucky, Louisiana, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Mexico, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia (partial), Washington (partial), Wisconsin, West Virginia, Wyoming. |
| Note | Primis deposit accounts are not available in Puerto Rico or other US territories. | N/A | N/A |
| Feature | Primis Bank | Chase Bank |
|---|---|---|
| Primis Savings Account | Chase Savings℠ | |
| APY | 4.35% APY) (as of 4/2/2025) | 0.01% APY (as of 4/2/2025) |
| Bundled Account | No | No |
| FDIC-insured | Yes | Yes |
| Online Only | Yes | No |
| Compound Frequency | Monthly | Monthly |
| Minimum Deposit | $1 | $0 |
| Minimum Balance for APY | $0 | $0 |
| Maintenance Fee | $0 | $5 |
| Direct Deposit Required | No | No |
| Eligibility | United States | United States |
| Note | Primis deposit accounts are not available in Puerto Rico or other US territories. | APY may vary by market. The maintenance fee may be waived under some circumstances, such as if the account balance is maintained with at least $300 each day, or you set up automatic transfers from a linked Chase account, etc. |
| Feature | Primis Bank | Capital One |
|---|---|---|
| Primis Savings Account | 360 Performance Savings | |
| APY | 4.35% APY) (as of 4/2/2025) | 3.70% APY (as of 4/2/2025) |
| Bundled Account | No | No |
| FDIC-insured | Yes | Yes |
| Online Only | Yes | No |
| Compound Frequency | Monthly | Daily |
| Minimum Deposit | $1 | $0 |
| Minimum Balance for APY | $0 | $0 |
| Maintenance Fee | $0 | $0 |
| Direct Deposit Required | No | No |
| Eligibility | United States | United States |
| Note | Primis deposit accounts are not available in Puerto Rico or other US territories. | N/A |
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ROGER
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Banks with Branch Access
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All America Bank
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