High-Yield Savings Account Comparison

BMO Alto vs. Colorado Federal Savings Bank

Compare rates, requirements, and features side-by-side to find the best option for you.

Analysis by Aviel Fahl
Updated January 7, 2026
Comparison of BMO Alto vs Colorado Federal Savings Bank savings accounts
Metric

BMO Alto

Savings Account

Jan 7, 2026

Colorado Federal Savings Bank

Premier Savings

Jan 7, 2026
APY3.25%4.05%
Est. Earnings
$5,000+$163
$10,000+$325
$25,000+$813
$5,000+$0
$10,000+$0
$25,000+$0
Min Deposit
$0$50,000

Snapshot view. Rates subject to change.

Features
FDIC InsuredNo Minimums
FDIC InsuredHigh MinimumGreat iOS App

Market Reality Check

Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.21% APY.

See Top Rates

Comparison Analysis

Comparing BMO Alto vs. Colorado Federal Savings Bank

Updated: Jan 7, 2026

As of BMO Alto offers an APY of 3.25% for its Savings Account, with a minimum balance of $0, compared to Colorado Federal Savings Bank's 4.05% APY for its Premier Savings account, with a minimum balance of $50,000.

Colorado Federal Savings Bank pays $80 more than BMO Alto on a $10,000 balance after one year. BMO Alto pays $325, while Colorado Federal Savings Bank pays $405 - an APY advantage for Colorado Federal Savings Bank.

In addition, Colorado Federal Savings Bank also offers 4.00% APY for the High Yield Savings account, with a minimum balance of $1.

Why BMO Alto?

No distinct advantages found vs Colorado Federal Savings Bank.

Why Colorado Federal Savings Bank?

  • Higher potential APY (4.00%-4.05% vs 3.25%)
  • Higher rated iOS app (4.3 vs 0.0)
  • Offers 2 different high-yield savings options

— Key Feature Differences —

Better Returns at $10,000
BMO Alto

BMO Alto's Savings Account earns more on smaller deposits (approx. $325 vs $0/yr).

Better Returns at $25,000
BMO Alto

BMO Alto's Savings Account pulls ahead with larger amounts (approx. $813 vs $0/yr).

Best for Simplicity
Colorado Federal Savings Bank

Colorado Federal Savings Bank's Premier Savings offers 4.05% APY with no bundling, direct deposit requirement or caps.

Shared Benefits

Both offer monthly maintenance-free account options Available Nationwide Available to New & Existing Customers
The Bottom Line on APY (Interest Only)

Over a 1-year period, Colorado Federal Savings Bank's Premier Savings pays $80 more interest on a $10,000 balance than BMO Alto's Savings Account.

*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.

BMO AltoColorado Federal Savings Bank

Executive Summary as of

Colorado Federal Savings Bank offers the highest APY with its High Yield Savings account at 4.00%, making it a strong choice for savers. This account requires a minimum deposit of $1 and has no maintenance fees, with daily compounding. Alternatively, the Premier Savings account provides a slightly higher APY of 4.05% but requires a minimum balance of $50,000. In comparison, BMO Alto's Savings Account yields 3.25% APY with no minimum deposit or balance requirements, also featuring daily compounding. Both banks operate online-only and do not require direct deposit, providing flexibility for account holders.

The analysis is based on current Banksparency database records

* This content is provided for informational purposes only; always verify details with the provider.

Verify At
BMO Alto

Non-sponsored link to official site

Verify At
Colorado Federal Savings Bank

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Top Market Contenders

BMO Alto vs. Colorado Federal Savings Bank Savings Calculator

Calculations based on current APY for Savings Account and Premier Savings
$
$

You earn $400 more with Colorado Federal Savings Bank than BMO Alto on a $50,000 initial deposit for 1 year*.

*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.

BMO Alto

Savings Account

3.25% APY

Savings Breakdown

  • Interest Earned
    +$1,625.00(3.1%)
  • Total Contributions
    $0
  • Initial Deposit
    $50,000

Projected Balance

$51,625.00

Effective APY
3.25%

Colorado Federal Savings Bank

Premier Savings

4.05% APY

Savings Breakdown

  • Interest Earned
    +$2,025.00(3.9%)
  • Total Contributions
    $0
  • Initial Deposit
    $50,000

Projected Balance

$52,025.00

Effective APY
4.05%

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

FeatureBMO AltoColorado Federal Savings Bank
APY
3.25%
Verified: 1/7/2026
Stable (90d)
4.05%
Verified: 1/7/2026
↘︎ 0.10%90d Change
Product NameSavings AccountPremier Savings
Minimum Deposit$0$50,000
Min. Balance for APY$0$50,000
Monthly Fee$0$0
Branch AccessNoneNone
Account Type
Online Only
Online Only
Direct Deposit Req.NoneNone
Checking BundleNoNo
Mobile Apps
iOS-
Android-
iOS4.3
Android-
Zelle® Support
Not Supported
Not Supported
BBB RatingA+A+
Next Steps
Visit Site

Non-sponsored link to official site

Visit Site

Non-sponsored link to official site

📈 Compare Savings Rates Over Time

Historical Performance

Last 11 Months Analysis
MetricBMO AltoColorado Federal Savings Bank
Savings AccountPremier SavingsHigh Yield Savings
Current APY
3.25%4.05%4.00%
Trend
Stable Stable Stable
Velocity (bps/mo)
-5.9-2.6-2.6
Days Since Change
1108989
11-Month High
4.00%4.25%4.25%
11-Month Low
3.25%4.05%4.00%
Adjustments / Mo
0.370.190.37
Volatility Score
0.0580.0220.022
How to read these metrics(Click to expand)

Trends & Velocity

  • Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
  • Velocity (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
  • Adjustments/Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

  • High/Low: The absolute ceiling and floor of the rate during the 323-day window.
  • Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
  • Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

More Comparisons

Compare BMO Alto's APY of 3.25% with other banks
Bank PairCompetitor APYMin Deposit
BMO Alto vs Affirm3.20%$0
BMO Alto vs Ally Bank3.30%$0
BMO Alto vs American Express3.30%$0
BMO Alto vs Axos Bank4.31%$0
BMO Alto vs Bank of America0.01%$100
BMO Alto vs Barclays4.00%$0
BMO Alto vs Bask Bank3.75%$0
BMO Alto vs Betterment3.25%$10
BMO Alto vs Bread Savings4.05%$100
BMO Alto vs BrioDirect3.75%$5,000
BMO Alto vs Capital One3.40%$0
BMO Alto vs Carver Bank4.00%$5,000
BMO Alto vs Charles Schwab Bank0.15%$0
BMO Alto vs Chase Bank0.01%$0
BMO Alto vs Chime3.50%$0
BMO Alto vs CIT Bank3.75%$100
BMO Alto vs Citibank3.30%$0
BMO Alto vs Citizens Access™3.15%$0.01
BMO Alto vs Climate First Bank4.21%$50
BMO Alto vs Discover Bank3.40%$0
BMO Alto vs E*TRADE from Morgan Stanley3.50%$0
BMO Alto vs Elevault3.82%$0
BMO Alto vs EverBank3.90%$0
BMO Alto vs Fitness Bank4.75%$100
BMO Alto vs FNBO Direct3.00%$1
BMO Alto vs Forbright Bank4.00%$0
BMO Alto vs FVCbank3.85%$500
BMO Alto vs GO2bank4.50%$0
BMO Alto vs Ivy Bank4.10%$2,500
BMO Alto vs Jenius Bank4.05%$0
BMO Alto vs LendingClub4.00%$0
BMO Alto vs Marcus by Goldman Sachs3.65%$0
BMO Alto vs MutualOne Bank4.07%$20,000
BMO Alto vs My Banking Direct4.02%$500
BMO Alto vs Neighbors Bank4.30%$0
BMO Alto vs Newtek Bank4.35%$0.01
BMO Alto vs Openbank4.20%$500
BMO Alto vs Peak Bank3.99%$100
BMO Alto vs Pibank4.60%$0
BMO Alto vs PNC3.30%$0
BMO Alto vs Popular Direct3.90%$100
BMO Alto vs Presidential Bank3.75%$5,000
BMO Alto vs Quontic Bank3.50%$100
BMO Alto vs Salem Five Direct3.61%$10
BMO Alto vs Sallie Mae Bank3.90%$0
BMO Alto vs Santander Bank0.01%$25
BMO Alto vs SoFi Bank4.00%$0
BMO Alto vs Synchrony Bank3.65%$0
BMO Alto vs TD Bank2.60%$0
BMO Alto vs TIMBR4.40%$1,000
BMO Alto vs UFB Direct3.46%$5000
BMO Alto vs Upgrade3.05%$0
BMO Alto vs Valley Direct4.00%$1,000
BMO Alto vs Varo Bank5.00%$0
BMO Alto vs Vio Bank4.09%$100
BMO Alto vs Wealthfront3.90%$0
BMO Alto vs Wells Fargo0.05%$25
BMO Alto vs Zynlo Bank3.85%$10
Compare Colorado Federal Savings Bank's APY of 4.05% with other banks
Bank PairCompetitor APYMin Deposit
Colorado Federal Savings Bank vs Affirm3.20%$0
Colorado Federal Savings Bank vs Ally Bank3.30%$0
Colorado Federal Savings Bank vs American Express3.30%$0
Colorado Federal Savings Bank vs Axos Bank4.31%$0
Colorado Federal Savings Bank vs Bank of America0.01%$100
Colorado Federal Savings Bank vs Barclays4.00%$0
Colorado Federal Savings Bank vs Bask Bank3.75%$0
Colorado Federal Savings Bank vs Betterment3.25%$10
Colorado Federal Savings Bank vs Bread Savings4.05%$100
Colorado Federal Savings Bank vs BrioDirect3.75%$5,000
Colorado Federal Savings Bank vs Capital One3.40%$0
Colorado Federal Savings Bank vs Carver Bank4.00%$5,000
Colorado Federal Savings Bank vs Charles Schwab Bank0.15%$0
Colorado Federal Savings Bank vs Chase Bank0.01%$0
Colorado Federal Savings Bank vs Chime3.50%$0
Colorado Federal Savings Bank vs CIT Bank3.75%$100
Colorado Federal Savings Bank vs Citibank3.30%$0
Colorado Federal Savings Bank vs Citizens Access™3.15%$0.01
Colorado Federal Savings Bank vs Climate First Bank4.21%$50
Colorado Federal Savings Bank vs Discover Bank3.40%$0
Colorado Federal Savings Bank vs E*TRADE from Morgan Stanley3.50%$0
Colorado Federal Savings Bank vs Elevault3.82%$0
Colorado Federal Savings Bank vs EverBank3.90%$0
Colorado Federal Savings Bank vs Fitness Bank4.75%$100
Colorado Federal Savings Bank vs FNBO Direct3.00%$1
Colorado Federal Savings Bank vs Forbright Bank4.00%$0
Colorado Federal Savings Bank vs FVCbank3.85%$500
Colorado Federal Savings Bank vs GO2bank4.50%$0
Colorado Federal Savings Bank vs Ivy Bank4.10%$2,500
Colorado Federal Savings Bank vs Jenius Bank4.05%$0
Colorado Federal Savings Bank vs LendingClub4.00%$0
Colorado Federal Savings Bank vs Marcus by Goldman Sachs3.65%$0
Colorado Federal Savings Bank vs MutualOne Bank4.07%$20,000
Colorado Federal Savings Bank vs My Banking Direct4.02%$500
Colorado Federal Savings Bank vs Neighbors Bank4.30%$0
Colorado Federal Savings Bank vs Newtek Bank4.35%$0.01
Colorado Federal Savings Bank vs Openbank4.20%$500
Colorado Federal Savings Bank vs Peak Bank3.99%$100
Colorado Federal Savings Bank vs Pibank4.60%$0
Colorado Federal Savings Bank vs PNC3.30%$0
Colorado Federal Savings Bank vs Popular Direct3.90%$100
Colorado Federal Savings Bank vs Presidential Bank3.75%$5,000
Colorado Federal Savings Bank vs Quontic Bank3.50%$100
Colorado Federal Savings Bank vs Salem Five Direct3.61%$10
Colorado Federal Savings Bank vs Sallie Mae Bank3.90%$0
Colorado Federal Savings Bank vs Santander Bank0.01%$25
Colorado Federal Savings Bank vs SoFi Bank4.00%$0
Colorado Federal Savings Bank vs Synchrony Bank3.65%$0
Colorado Federal Savings Bank vs TD Bank2.60%$0
Colorado Federal Savings Bank vs TIMBR4.40%$1,000
Colorado Federal Savings Bank vs UFB Direct3.46%$5000
Colorado Federal Savings Bank vs Upgrade3.05%$0
Colorado Federal Savings Bank vs Valley Direct4.00%$1,000
Colorado Federal Savings Bank vs Varo Bank5.00%$0
Colorado Federal Savings Bank vs Vio Bank4.09%$100
Colorado Federal Savings Bank vs Wealthfront3.90%$0
Colorado Federal Savings Bank vs Wells Fargo0.05%$25
Colorado Federal Savings Bank vs Zynlo Bank3.85%$10