Rising Bank: Savings Account & Rates
Mission: Banksparency aims to make Rising Bank's savings account transparent and comparable to the market.
Savings Overview
High-Yield Savings Account
| Min. Deposit | $1,000 |
| Min. Balance | $1,000 |
| 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 LocationSt. Louis, Missouri
- Founded2018
- AffiliationRising Bank is a division of Midwest BankCentre®
- Ratings & Trust
- Zelle® SupportAvailableAdded native support in 2025.
- Deposit InsuranceFDIC Insured(Cert: 1058)
Our Take on Rising Bank
The Good
- Decent APY of 3.75%
- No monthly maintenance fees
- Highly rated mobile apps (iOS: 4.7, Android: 4.6)
Considerations
- No physical branch access (online only)
Rising Bank offers a High-Yield Savings Account with an attractive APY of 3.75%. Interest is calculated daily based on your deposit balance and credited monthly, but note that the account does not offer compounding, meaning you earn interest only on the original deposit. There are no monthly maintenance fees, and the account does not require direct deposit or a checking account. However, it is important to mention that this is an online-only bank, so there is no physical branch access. The mobile apps are highly rated, with scores of 4.7 for iOS and 4.6 for Android.
Savings Account: In-Depth View
Savings Account Offered by Rising Bank
| Feature | High-Yield Savings Account |
|---|---|
APY | 3.75%Verified: 1/7/2026 |
APY Trend | 30 days ↘︎ 0.20% 90 days ↘︎ 0.35% |
Min. Deposit | $1,000 |
Min. Balance | $1,000 |
Monthly Fee | $0 |
Direct Deposit | None |
Checking Bundle | No |
Branch Access | None |
Compounding | Doesn't compound |
FDIC Insured | Yes |
Eligibility | United States |
Important | Interest is calculated daily based on your deposit balance and credited monthly. However, since the account does not offer compounding, you only earn interest (3.75% APY) on the original deposit and not on any previously earned interest. |
| Next Steps | - |
Calculate Savings for Rising Bank
Savings Breakdown
- Interest Earned+$1,465.40(9.5%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$15,465.40
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Rising Bank Savings Rates Over Time
Historical APY Insights
Last 11 Months| Metric | High-Yield Savings Account |
|---|---|
Latest APY | 3.75% |
Trend | Falling |
Slope (bps/mo) | -5.6 |
Rate Changes / Mo | 0.73 |
Days Since Last Change | 26 |
High (-11m) | 4.40% |
Low (-11m) | 3.75% |
Draw-down | -14.8% |
Volatility (CV) | 0.049 |
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 Rising Bank
| Feature | Current View Rising Bank | Empty Slot |
|---|---|---|
| Product | High-Yield Savings Account | - |
APY | 3.75%Verified: 1/7/2026 | - |
APY Trend | 30 days ↘︎ 0.20% 90 days ↘︎ 0.35% | - |
| Min. Deposit | $1,000 | - |
| Monthly Fee | $0 | - |
Direct Deposit | No | - |
Checking Bundle | No | - |
| Branch Access | None | - |
| Eligibility | United States | - |
Compounding | Doesn't compound | - |
FDIC Insured | Yes | - |
| Note | Interest is calculated daily based on your deposit balance and credited monthly. However, since the account does not offer compounding, you only earn interest (3.75% APY) on the original deposit and not on any previously earned interest. | - |
| Next Steps | - | - |
Alternatives to Rising Bank
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