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.
Compare TIMBR's Savings Account
- Affirm - 3.85% APY
- All America Bank - 1.50-3.25% APY
- Ally Bank - 3.50% APY
- Amalgamated Bank - 2.25% APY
- American Express - 3.60% APY
- Axos Bank - 4.66% APY
- Bank5 Connect - 4.05% APY
- Bank of America - 0.01% APY
- Barclays - 3.90-4.10% APY
- Bask Bank - 4.20% APY
- Betterment - 4.00% APY
- BMO Alto - 3.60% APY
- Bread Savings - 4.30% APY
- BrioDirect - 4.30% APY
- Capital One - 3.60% APY
- Carver Bank - 4.00% APY
- Charles Schwab Bank - 0.15% APY
- Chase Bank - 0.01% APY
- Chime - 1.25-3.75% APY
- CIBC Bank USA - 4.11% APY
- CIT Bank - 0.25-4.00% APY
- Citibank - 3.60% APY
- Citizens Access™ - 3.70% APY
- Colorado Federal Savings Bank - 4.25% APY
- ConnectOne Bank - 4.00% APY
- Customers Bank - 4.23% APY
- Discover Bank - 3.60% APY
- E*TRADE from Morgan Stanley - 4.00% APY
- EverBank - 4.30% APY
- Evergreen Bank Group - 4.25% APY
- First Foundation Bank - 4.25% APY
- Fitness Bank - 5.00% APY
- Flagstar Bank - 4.00% APY
- Forbright Bank - 4.25% APY
- FVCbank - 4.35% APY
- High Plains Bank - 0.23-3.82% APY
- Jenius Bank - 4.20% APY
- LendingClub - 3.40-4.40% APY
- Live Oak Bank - 4.10% APY
- Marcus by Goldman Sachs - 3.65% APY
- My Banking Direct - 4.30% APY
- MySavingsDirect - 3.75% APY
- Neighbors Bank - 4.60% APY
- Newtek Bank - 4.35% APY
- OMB Bank - 1.00% APY
- Openbank - 4.30% APY
- Peak Bank - 4.44% APY
- Pibank - 4.60% APY
- PNC - 3.95% APY
- Poppy Bank - 4.25% APY
- Popular Direct - 4.05% APY
- Presidential Bank - 4.00-4.50% APY
- Prime Alliance Bank - 4.05% APY
- Primis Bank - 4.35% APY
- Quontic Bank - 3.85% APY
- RBMAX - 4.15% APY
- Rising Bank - 4.30% APY
- ROGER - 4.65% APY
- Salem Five Direct - 4.01% APY
- Sallie Mae Bank - 3.90% APY
- Santander Bank - 0.03% APY
- SoFi Bank - 3.80% APY
- Synchrony Bank - 3.80% APY
- TAB Bank - 4.26% 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 - 4.20% APY
- Varo Bank - 2.50-5.00% APY
- 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 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 |