TIMBR savings rates, reviewed
TIMBR advertises 3.95% APY on its Premium Savings Account. That is 357 basis points above the national savings average of 0.38% (FDIC, Aug 2026).
Ranked #26 of 337 tracked savings rates. It was #27 three months ago. The bank has cut this rate once in the last 12 months.
TIMBR at a glance
| Top savings APY | 3.95% · Premium Savings Account |
|---|---|
| Minimum deposit | $1,000 |
| FDIC certificate | 58210 · Saint Louis Park, MN |
| Website | timbrfinancial.com |
| Availability | Nationally available |
TIMBR savings and CD rates
Rates are APY. The national savings average is 0.38% (FDIC, Aug 2026). The top tracked savings rate on Banksparency is 5.00%.
Interactive Tool
Calculate Savings for TIMBR
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$1,547.50(10.0%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$15,547.50
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What TIMBR pays on deposits
ℹ️ TIMBR deposits are held at BRIDGEWATER BANK; the figures below cover that legal entity's entire deposit base.
In Q1 2026, TIMBR paid a higher average rate than 93% of U.S. banks (all-bank median 2.27%).
- TIMBR, avg rate paid
- All-bank median
Average annualized rate paid on interest-bearing deposits, quarterly. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated.
So what is the catch?
| Product | Min to open | Min to earn | Monthly fee | Direct deposit | Rate type | 12-mo trend |
|---|---|---|---|---|---|---|
| Premium Savings Account | $1,000 | $0 | $0 | Not required | Variable |
The 12-month trend shows the highest advertised rate observed each day and includes promotional tiers where one applied.
Opening and using the account
| Availability | Nationally available |
|---|---|
| Eligibility | not stated |
How TIMBR behaves over time
Over the last 12 months the advertised Premium Savings Account rate ranged from 3.95% to 4.15%; it now sits 20 basis points below that high (observed through Aug 21, 2026). The series includes promotional tiers where one applied.
Banksparency observed 1 cut to TIMBR's advertised savings rate in the last 12 months, a period with 3 Federal Reserve cuts.
Recent rate changes, as observed
- Obs. Apr 13, 2026Premium Savings Account▼ 4.15% → 3.95%
- Premium Savings Account APY
- Effective federal funds rate
Who is TIMBR?
| Headquarters | Saint Louis Park, MN |
|---|---|
| Scale | $5.3B assets · $4.3B deposits (Q1 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 58210 |
| Affiliation | TIMBR is a division of Bridgewater Bank |
Financial detail is in What TIMBR pays on deposits above.
Common questions about TIMBR
Is TIMBR FDIC insured?
Yes. TIMBR is FDIC insured under certificate 58210, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at TIMBR?
TIMBR requires a minimum deposit of $1,000 to open its Premium Savings Account, as observed on Aug 21, 2026. Check the bank's current terms before you open an account.
TIMBR against its closest alternatives
| Bank | Savings APY | Rate paid (Q1 2026) | Min deposit | Branches |
|---|---|---|---|---|
| TIMBR | 3.95% | 3.35% | $1,000 | not stated |
| Bread Savings | 3.95% | 3.73% | $100 | 1 branch in UT |
| Wealthfront | 3.95% | not stated | $0 | not stated |
| Vio Bank | 3.99% | 2.74% | $100 | not stated |
Alternatives are the three tracked banks whose best savings APY is closest to TIMBR's.
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