The State Exchange Bank: Savings Accounts & Rates

Savings rates updated: 11/15/2025

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

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

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Savings Overview

High-Yield Savings Account, powered by Raisin: 3.96% APY(Rank 38 out of 86 tracked HYSAs)

Minimum Deposit: $1 | Online Only | Powered by Raisin

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: Lamont, Oklahoma

Founded: 1901

Deposit Insurance: FDIC Cert # 13551

App Store Rating: 4.9/5

Google Play Rating: 4.5/5

Website: Visit The State Exchange Bank

Our Take on The State Exchange Bank

Highlights

Current APY of 3.96%, up from 3.86% last month
No maintenance fees, making it cost-effective
Minimum deposit requirement is just $1
High App Store rating of 4.9

Considerations

Account is online-only, limiting access
No direct deposit requirement may complicate some users' experiences

Summary: The State Exchange Bank offers a competitive High-Yield Savings Account with a current APY of 3.96%, which recently increased from 3.86%. With a low minimum deposit of $1 and no maintenance fees, it is an appealing option for savers. However, being an online-only account may restrict some users. The bank enjoys a high App Store rating of 4.9, indicating strong customer satisfaction.

Savings Account: In-Depth View

Savings Account Offered by The State Exchange Bank

Feature	High-Yield Savings Account, powered by Raisin
APY	3.96% (as of 11/15/2025)
APY Trend	+0.10% MoM/+0.91% QoQ
Minimum Deposit	$1
Minimum Balance for APY	N/A
FDIC-insured	Yes
Online Only	Yes
Bundled Account	No
Direct Deposit Required	No
Compound Frequency	Daily
Maintenance Fee	$0
Eligibility	United States
Note	This account is powered by Raisin.
Sponsored Link
No deposit agreement summary available for this bank.

Calculate Savings for The State Exchange Bank

All calculations are based on APY.

Savings Product:

High-Yield Savings Account, powered by Raisin (APY: 3.96%)

Initial Deposit:

Recurring Deposit Amount:

Deposit Frequency:

Duration:

Total savings breakdown:

Interest earned: $1,551.6 (9.98%)
Total contributions: $13,000 (83.59%)
Initial deposit: $1,000 (6.43%)

Your total balance

$15,551.60

Effective APY: 3.96% (based on your deposit and contributions)

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

The State Exchange Bank Savings Rates Over Time

Historical APY Insights

Metric	High-Yield Savings Account, powered by Raisin
Latest APY	3.96 %
Trend	Rising
Slope (bps/mo)	11.4
Rate Changes / Mo	2.70
Days Since Last Change	16
High (-8 m)	4.26 %
Low (-8 m)	1.02 %
Draw-down from High	-7.0 %
Volatility (CV)	0.317

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 256 days.
Low (-8 m): Lowest APY in the last 256 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 The State Exchange Bank's Savings Account

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ROGER - 3.87% APY
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Synchrony Bank - 3.80% APY
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Varo Bank - 2.50-5.00% APY
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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	The State Exchange Bank	Select a bank...
Product	High-Yield Savings Account, powered by Raisin	N/A
APY	3.96% (as of 11/15/2025)	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	N/A
Minimum Balance for APY	N/A	N/A
Maintenance Fee	$0	N/A
Direct Deposit Required	No	N/A
Note	This account is powered by Raisin.	N/A

Alternatives to The State Exchange Bank

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High-Yield Savings Premier: 4.05% APY

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High-Yield Savings Account: 4.20% APY

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Popular Direct Select Savings: 4.00% APY

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