TIMBR: Savings Accounts & Rates

Savings rates updated: 8/5/2025

Mission statement: Banksparency aims to make TIMBR's savings accounts transparent and comparable to those of other banks. Learn more about Banksparency.

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

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Savings Overview

Premium Savings Account: 4.40% APY(Rank 10 of the 20 Best Savings Rates)

Minimum Deposit: $1,000 | Online Only

National Savings Interest Rate: 0.38% (as of 7/21/2025)

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 Park, Minnesota

Founded: 2005

Affiliation: TIMBR is a division of Bridgewater Bank

Deposit Insurance: FDIC Cert # 58210

BBB Rating: A+ (Not BBB Accredited)

App Store Rating: N/A

Google Play Rating: N/A

Website: Visit TIMBR

Our Take on TIMBR

Highlights

Current APY of 4.40%, unchanged from 30 days ago.
No maintenance fees for account holders.
Minimum deposit requirement of only $1,000.
A+ BBB rating indicates strong trustworthiness.

Considerations

Online-only account may not suit all customers.
No branches available for in-person service.
Direct deposit not required but may limit options.
Not BBB accredited despite high rating.

Summary: TIMBR offers a Premium Savings Account with a competitive APY of 4.40%, which has remained stable over the past month. With no maintenance fees and a low minimum deposit of $1,000, it presents an accessible option for savers. However, being an online-only bank may deter some customers, and the lack of direct deposit requirements could limit certain account functionalities. Despite its A+ BBB rating, TIMBR is not BBB accredited.

Savings Account: In-Depth View

Savings Account Offered by TIMBR

Feature	Premium Savings Account
APY	4.40% (as of 8/5/2025)
APY Trend	Stable for the last quarter
Minimum Deposit	$1,000
Minimum Balance for APY	$0
FDIC-insured	Yes
Online Only	Yes
Bundled Account	No
Direct Deposit Required	No
Compound Frequency	Daily
Maintenance Fee	$0
Eligibility	United States
Sponsored Link
No deposit agreement summary available for this bank.

Calculate Savings for TIMBR

All calculations are based on APY.

Savings Product:

Premium Savings Account (APY: 4.40%)

Initial Deposit:

Recurring Deposit Amount:

Deposit Frequency:

Duration:

Total savings breakdown:

Interest earned: $1,733.7 (11.02%)
Total contributions: $13,000 (82.63%)
Initial deposit: $1,000 (6.36%)

Your total balance

$15,733.70

Effective APY: 4.40% (based on your deposit and contributions)

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

TIMBR Savings Rates Over Time

Historical APY Insights

Metric	Premium Savings Account
Latest APY	4.40 %
Trend	Sideways
Slope (bps/mo)	-3.5
Rate Changes / Mo	0.18
Days Since Last Change	113
High (-5 m)	4.55 %
Low (-5 m)	4.40 %
Draw-down from High	-3.3 %
Volatility (CV)	0.016

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 167 days.
Low (-5 m): Lowest APY in the last 167 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 TIMBR's Savings Account

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OMB Bank - 1.00% APY
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Peak Bank - 4.35% APY
Pibank - 4.60% APY
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Popular Direct - 4.05% APY
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Prime Alliance Bank - 4.05% APY
Primis Bank - 4.20% APY
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ROGER - 4.12% APY
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Santander Bank - 0.03% APY
SoFi Bank - 3.80% APY
Synchrony Bank - 3.80% APY
TAB Bank - 4.15% APY
TD Bank - 0.05-3.00% APY
The State Exchange Bank - 1.90% APY
UFB Direct - 4.01-4.21% APY
Upgrade - 4.02% APY
Valley Direct - 4.30% APY
Varo Bank - 2.50-5.00% APY
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Western Alliance Bank - 4.30% APY
Zynlo Bank - 4.35% APY

Feature	TIMBR	Select a bank...
Product	Premium Savings Account	N/A
APY	4.40% (as of 8/5/2025)	N/A
Bundled Account	No	N/A
FDIC-insured	Yes	N/A
Online Only	Yes	N/A
Compound Frequency	Daily	N/A
Minimum Deposit	$1,000	N/A
Minimum Balance for APY	$0	N/A
Maintenance Fee	$0	N/A
Direct Deposit Required	No	N/A