Rising Bank: Savings Accounts & Rates

Savings rates updated: 11/15/2025

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

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

High-Yield Savings Account: 3.95% APY(Rank 39 out of 86 tracked HYSAs)

Minimum Deposit: $1,000 | Online Only

National Savings Interest Rate: 0.4% (as of 10/20/2025)

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: St. Louis, Missouri

Founded: 2018

Affiliation: Rising Bank is a division of Midwest BankCentre®

Access to Branches: None

Deposit Insurance: FDIC Cert # 1058

BBB Rating: A+ (BBB Accredited)

App Store Rating: 4.7/5

Google Play Rating: 4.6/5

Website: Visit Rising Bank

Our Take on Rising Bank

Highlights

High-Yield Savings Account offers 3.95% APY, competitive in the market.
No maintenance fees, making it cost-effective for savers.
A+ BBB rating with BBB Accreditation indicates strong trustworthiness.
App Store rating of 4.7 and Google Play rating of 4.6 reflect positive user experiences.

Considerations

APY decreased from 4.10% to 3.95% in the last 30 days.
Minimum deposit and balance requirement of $1,000 may limit accessibility.
Account does not compound interest, limiting potential earnings.
Online-only bank with no physical branches may not suit all customers.

Summary: Rising Bank's High-Yield Savings Account offers a competitive 3.95% APY, though it has seen a recent decrease from 4.10%. The account has no maintenance fees, but requires a minimum deposit and balance of $1,000, which may deter some savers. With an A+ BBB rating and strong user ratings on app platforms, it reflects a trustworthy option, albeit as an online-only bank without physical branches.

Savings Account: In-Depth View

Savings Account Offered by Rising Bank

Feature	High-Yield Savings Account
APY	3.95% (as of 11/15/2025)
APY Trend	-0.07% WoW/-0.15% MoM/-0.35% QoQ
Minimum Deposit	$1,000
Minimum Balance for APY	$1,000
FDIC-insured	Yes
Online Only	Yes
Bundled Account	No
Direct Deposit Required	No
Compound Frequency	Doesn't compound
Maintenance Fee	$0
Eligibility	United States
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 (3.95% APY) on the original deposit and not on any previously earned interest.
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No deposit agreement summary available for this bank.

Calculate Savings for Rising Bank

All calculations are based on APY.

Savings Product:

High-Yield Savings Account (APY: 3.95%)

Initial Deposit:

Recurring Deposit Amount:

Deposit Frequency:

Duration:

Total savings breakdown:

Interest earned: $1,547.5 (9.95%)
Total contributions: $13,000 (83.61%)
Initial deposit: $1,000 (6.43%)

Your total balance

$15,547.50

Effective APY: 3.95% (based on your deposit and contributions)

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

Metric	High-Yield Savings Account
Latest APY	3.95 %
Trend	Sideways
Slope (bps/mo)	-3.6
Rate Changes / Mo	0.77
Days Since Last Change	0
High (-9 m)	4.40 %
Low (-9 m)	3.95 %
Draw-down from High	-10.2 %
Volatility (CV)	0.027

APY Insights Glossary

Latest APY: Most recent advertised annual-percentage yield.
Trend: Direction over the last 9 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 (-9 m): Highest APY in the last 274 days.
Low (-9 m): Lowest APY in the last 274 days.
Draw-down from High: How far today sits below the 9-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 Rising Bank's Savings Account

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Chime - 1.00-3.50% APY
CIBC Bank USA - 3.92% APY
CIT Bank - 0.25-3.85% APY
Citibank - 3.35% APY
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GO2bank - 4.50% APY
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Jenius Bank - 4.20% APY
LendingClub - 3.20-4.20% APY
Live Oak Bank - 3.90% APY
Marcus by Goldman Sachs - 3.65% APY
MutualOne Bank - 4.07% APY
My Banking Direct - 4.02% APY
MySavingsDirect - 3.75% APY
Neighbors Bank - 4.50% APY
Newtek Bank - 4.35% APY
Northeast Bank - 2.50-3.00% APY
OMB Bank - 1.00% APY
Openbank - 4.20% APY
Peak Bank - 4.20% APY
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Poppy Bank - 4.00% APY
Popular Direct - 4.00% APY
Presidential Bank - 3.75-4.25% APY
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Quontic Bank - 3.75% APY
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ROGER - 3.87% APY
Salem Five Direct - 3.71% APY
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Synchrony Bank - 3.80% APY
TAB Bank - 3.80% APY
TD Bank - 0.05-2.75% APY
The State Exchange Bank - 3.96% APY
TIMBR - 4.40% APY
UFB Direct - 3.51-3.71% APY
Upgrade - 3.05% APY
Valley Direct - 4.10% APY
Varo Bank - 2.50-5.00% APY
Vio Bank - 4.21% APY
Wealthfront - 3.50-4.15% APY
Wells Fargo - 0.05-0.05% APY
Western Alliance Bank - 4.05% APY
Zynlo Bank - 4.20% APY

Feature	Rising Bank	Select a bank...
Product	High-Yield Savings Account	N/A
APY	3.95% (as of 11/15/2025)	N/A
Bundled Account	No	N/A
FDIC-insured	Yes	N/A
Online Only	Yes	N/A
Compound Frequency	Doesn't compound	N/A
Minimum Deposit	$1,000	N/A
Minimum Balance for APY	$1,000	N/A
Maintenance Fee	$0	N/A
Direct Deposit Required	No	N/A
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 (3.95% APY) on the original deposit and not on any previously earned interest.	N/A

Alternatives to Rising Bank

Banks with Higher/Similar Savings APY

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

First Foundation Bank

Online Savings: 4.00% APY

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Popular Direct Select Savings: 4.00% APY

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Pibank Savings: 4.60% APY

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High-Yield Savings Account: 4.00% APY

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Premium Savings Account: 4.40% APY

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