TIMBR: Savings Accounts & Rates

By Aviel Fahl

Savings rates updated: 11/4/2025

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

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

We earn a commission if you open an account through some links on this page.

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: 0.4% (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: 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 the Premium Savings Account.
  • Minimum deposit requirement is only $1,000.
  • A+ BBB rating indicates strong trustworthiness.

Considerations

  • Account is online-only, no physical branches available.
  • Direct deposit is not required, but may limit some users.
  • Minimum balance of $0 may not appeal to all savers.
  • Not BBB Accredited despite high rating.
Summary: TIMBR offers a competitive Premium Savings Account with a 4.40% APY and no maintenance fees, making it attractive for savers. The account requires a minimum deposit of $1,000 and is online-only, which may deter those preferring in-person banking. While the bank has an A+ BBB rating, it is not BBB Accredited. Overall, TIMBR provides a solid option for those comfortable with online banking.

Savings Account: In-Depth View

Savings Account Offered by TIMBR

FeaturePremium Savings Account
APY
4.40% (as of 11/4/2025)
APY TrendStable for the last quarter
Minimum Deposit$1,000
Minimum Balance for APY$0
FDIC-insured
Yes
Online OnlyYes
Bundled Account
No
Direct Deposit Required
No
Compound Frequency
Daily
Maintenance Fee$0
EligibilityUnited States
Sponsored Link

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: $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

MetricPremium Savings Account
Latest APY4.40 %
TrendSideways
Slope (bps/mo)-1.7
Rate Changes / Mo0.12
Days Since Last Change204
High (-8 m)4.55 %
Low (-8 m)4.40 %
Draw-down from High-3.3 %
Volatility (CV)0.014
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 258 days.
Low (-8 m)
Lowest APY in the last 258 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 TIMBR's Savings Account

  • Affirm - 3.60% APY
  • All America Bank - 1.50-3.25% APY
  • Ally Bank - 3.30% APY
  • Amalgamated Bank - 2.25% APY
  • American Express - 3.50% APY
  • Ameriprise Bank - 3.15-3.15% APY
  • Axos Bank - 4.51% APY
  • Bank5 Connect - 4.05% APY
  • Bank of America - 0.01% APY
  • Barclays - 3.90-4.10% APY
  • Bask Bank - 4.05% APY
  • Betterment - 3.50% APY
  • BMO Alto - 3.25% APY
  • Bread Savings - 4.20% APY
  • BrioDirect - 4.00% APY
  • Capital One - 3.40% APY
  • Carver Bank - 4.00% APY
  • Charles Schwab Bank - 0.15% APY
  • Chase Bank - 0.01% APY
  • Chime - 1.00-3.50% APY
  • CIBC Bank USA - 3.92% APY
  • CIT Bank - 0.25-3.85% APY
  • Citibank - 3.35% APY
  • Citizens Access™ - 3.35% APY
  • Colorado Federal Savings Bank - 4.05% APY
  • ConnectOne Bank - 3.60% APY
  • Customers Bank - 3.73% APY
  • Discover Bank - 3.40% APY
  • Elevault - 4.08% APY
  • E*TRADE from Morgan Stanley - 3.75% APY
  • EverBank - 4.05% APY
  • Evergreen Bank Group - 4.25% APY
  • First Foundation Bank - 4.10% APY
  • Fitness Bank - 4.75% APY
  • Flagstar Bank - 3.75% APY
  • FNBO Direct - 3.00% APY
  • Forbright Bank - 4.00% APY
  • FVCbank - 3.85% APY
  • GO2bank - 4.50% APY
  • High Plains Bank - 0.23-3.82% APY
  • Jenius Bank - 4.20% APY
  • LendingClub - 3.20-4.20% APY
  • Live Oak Bank - 3.90% APY
  • Marcus by Goldman Sachs - 3.65% APY
  • MutualOne Bank - 4.07% APY
  • My Banking Direct - 4.11% APY
  • MySavingsDirect - 3.75% APY
  • Neighbors Bank - 4.50% APY
  • Newtek Bank - 4.35% APY
  • OMB Bank - 1.00% APY
  • Openbank - 4.20% APY
  • Peak Bank - 4.20% APY
  • Pibank - 4.60% APY
  • PNC - 3.70% APY
  • Poppy Bank - 0.50% APY
  • Popular Direct - 4.00% APY
  • Presidential Bank - 4.00-4.50% APY
  • Prime Alliance Bank - 3.90% APY
  • Primis Bank - 3.85% APY
  • Quontic Bank - 3.75% APY
  • RBMAX - 3.90% APY
  • Rising Bank - 4.00% APY
  • ROGER - 3.87% APY
  • Salem Five Direct - 3.81% APY
  • Sallie Mae Bank - 3.90% APY
  • Santander Bank - 0.01% APY
  • SmartyPig - 3.90% APY
  • SoFi Bank - 4.50% APY
  • Synchrony Bank - 3.80% APY
  • TAB Bank - 3.80% APY
  • TD Bank - 0.05-2.75% APY
  • The State Exchange Bank - 3.96% APY
  • UFB Direct - 3.51-3.71% APY
  • Upgrade - 3.05% APY
  • Valley Direct - 4.10% APY
  • Varo Bank - 2.50-5.00% APY
  • Wells Fargo - 0.05-0.05% APY
  • Western Alliance Bank - 4.10% APY
  • Zynlo Bank - 4.20% APY
FeatureTIMBRSelect a bank...
ProductPremium Savings Account N/A
APY
4.40% (as of 11/4/2025)N/A
Bundled Account
NoN/A
FDIC-insured
YesN/A
Online OnlyYesN/A
Compound Frequency
DailyN/A
Minimum Deposit$1,000N/A
Minimum Balance for APY$0N/A
Maintenance Fee$0N/A
Direct Deposit Required
NoN/A

Bank-to-Bank Comparisons

Compare TIMBR's APY of 4.40% with other banks
Bank PairCompetitor APYMin Deposit
TIMBR vs Ally Bank3.30%$0
TIMBR vs American Express3.50%$0
TIMBR vs Axos Bank4.51%$0
TIMBR vs Bank of America0.01%$100
TIMBR vs Barclays4.10%$0
TIMBR vs Bask Bank4.05%$0
TIMBR vs BrioDirect4.00%$5,000
TIMBR vs Capital One3.40%$0
TIMBR vs Chase Bank0.01%$0
TIMBR vs Chime3.50%$0
TIMBR vs CIT Bank3.85%$100
TIMBR vs Citizens Access™3.35%$0.01
TIMBR vs Discover Bank3.40%$0
TIMBR vs Elevault4.08%$0
TIMBR vs EverBank4.05%$0
TIMBR vs Fitness Bank4.75%$100
TIMBR vs FNBO Direct3.00%$1
TIMBR vs FVCbank3.85%$500
TIMBR vs GO2bank4.50%$0
TIMBR vs LendingClub4.20%$0
TIMBR vs Marcus by Goldman Sachs3.65%$0
TIMBR vs Neighbors Bank4.50%$0
TIMBR vs Newtek Bank4.35%$0
TIMBR vs Peak Bank4.20%$100
TIMBR vs Pibank4.60%$0
TIMBR vs Presidential Bank4.50%$5,000
TIMBR vs Santander Bank0.01%$25
TIMBR vs SoFi Bank4.50%$0
TIMBR vs Synchrony Bank3.80%$0
TIMBR vs UFB Direct3.71%$5000
TIMBR vs Valley Direct4.10%$1,000
TIMBR vs Varo Bank5.00%$0
TIMBR vs Wells Fargo0.05%$25
TIMBR vs Zynlo Bank4.20%$10

Alternatives to TIMBR

Banks with Higher/Similar Savings APY

For a top list of the highest savings rates, see all HYSA top rates

Fitness Bank

Fitness Savings Account: 4.45% APY

Minimum Deposit: $100

Online Only

Fitness Elite Checking & Fitness Savings Combo: 4.75% APY

Bundled Savings & Checking Account

Minimum Deposit: $100

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LendingClub

LevelUp Savings: 4.20% APY

Minimum Deposit: $0

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Openbank

High-Yield Savings Account: 4.20% APY

Minimum Deposit: $500

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Newtek Bank

Personal High Yield Savings: 4.35% APY

Minimum Deposit: $0

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GO2bank

High Yield Savings: 4.50% APY

Minimum Deposit: $0

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My Banking Direct

High Yield Savings Account: 4.11% APY

Minimum Deposit: $500

Online Only

SoFi Bank

SoFi Savings: 4.50% APY

Bundled Savings & Checking Account

Minimum Deposit: $0

Online Only

Varo Bank

High-Yield Savings Account: 5.00% APY

Minimum Deposit: $0

Online Only

Direct Deposit: Min. $1,000/month

Evergreen Bank Group

High-Yield Online Savings: 4.25% APY (Inactive)

Minimum Deposit: $100

Online Only

Zynlo Bank

Tomorrow Savings Account: 4.20% APY

Minimum Deposit: $10

Online Only

Barclays

Tiered Savings: 4.10% APY

Minimum Deposit: $0

Online Only

Online Savings: 3.70% APY

Minimum Deposit: $0

Online Only

Jenius Bank

Jenius Savings: 4.20% APY

Minimum Deposit: $0

Online Only