TIMBR
Last Updated: 6/20/2025
Note: Interest rates below are reported as APY, or Annual Percentage YieldQuick Views
Premium Savings Account: 4.40% APY(Rank 11 out of 74 tracked HYSAs)
Minimum Deposit: $1,000 | Online Only
National Savings Interest Rate: 0.42% (as of 5/19/2025)
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
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 is 4.40%, unchanged from 30 days ago.
- No maintenance fees on the Premium Savings Account.
- A+ BBB rating indicates a strong trustworthiness.
- Minimum deposit requirement is only $1,000.
Considerations
- Not BBB Accredited, which may concern some users.
- Direct deposit is not required, but may limit some users.
- Online-only account may not suit all customers.
- No other savings account options with higher APY.
Summary: TIMBR offers a Premium Savings Account with a competitive APY of 4.40% and no maintenance fees, making it appealing for savers. However, it lacks BBB accreditation, which could raise concerns about its trustworthiness. The account is online-only, potentially limiting access for some users. While the minimum deposit is reasonable, the absence of additional high-yield savings options may deter those looking for more variety.
Savings Account
Savings Account Offered by TIMBR
| Feature | Premium Savings Account |
|---|---|
| APY | 4.40% (as of 6/20/2025) |
| APY Trend | Stable for the last month |
| 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 |
No deposit agreement summary available for this bank. | |
Calculate Savings for TIMBR
All calculations are based on APY.
Premium Savings Account (APY: 4.40%)
Deposit Frequency:
Total savings breakdown:
- Interest earned: $44 (4.21%)
- Total contributions: $0 (0.00%)
- Initial deposit: $1,000 (95.79%)
Your total balance
$1,044.00
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 | Falling |
| Slope (bps/mo) | -5.4 |
| Rate Changes / Mo | 0.25 |
| Days Since Last Change | 68 |
| High (-4 m) | 4.55 % |
| Low (-4 m) | 4.40 % |
| Draw-down from High | -3.3 % |
| Volatility (CV) | 0.017 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 4 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 (-4 m)
- Highest APY in the last 122 days.
- Low (-4 m)
- Lowest APY in the last 122 days.
- Draw-down from High
- How far today sits below the 4-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.
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| Feature | TIMBR | Select a bank... |
|---|---|---|
| Product | Premium Savings Account | N/A |
| APY | 4.40% (as of 6/20/2025) | 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 |