Carver Bank vs. Pibank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Carver BankHigh Yield Savings Jan 7, 2026 | PibankPibank Savings Jan 7, 2026 |
|---|---|---|
| APY | 4.00% | 4.60% |
Est. Earnings | $5,000+$200 $10,000+$400 $25,000+$1,000 | $5,000+$230 $10,000+$460 $25,000+$1,150 |
Min Deposit | $5,000 | $0 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredMod. MinimumGreat iOS AppGreat Android AppZelle® Supported | FDIC InsuredNo Minimums |
Prefer In-Person Banking?
Both of these banks are online-only. If you need physical branch access, check out our list of high-yield accounts with brick-and-mortar locations.
Comparison Analysis
Comparing Carver Bank vs. Pibank
As of Carver Bank offers an APY of 4.00% for its High Yield Savings account, with a minimum balance of $5,000, compared to Pibank's 4.60% APY for its Pibank Savings account, with a minimum balance of $0.01.
Pibank pays $60 more than Carver Bank on a $10,000 balance after one year. Carver Bank pays $400, while Pibank pays $460 - an APY advantage for Pibank.
Why Carver Bank?
- ✓Higher rated iOS app (4.7 vs 2.4)
- ✓Higher rated Android app (4.5 vs 1.7)
- ✓Fast transfers via Zelle®
Why Pibank?
- ✓Higher potential APY (4.60% vs 4.00%) on all balances
— Key Feature Differences —
Better Returns at $10,000
PibankPibank's Pibank Savings earns more on smaller deposits (approx. $460 vs $400/yr).
Better Returns at $25,000
PibankPibank's Pibank Savings pulls ahead with larger amounts (approx. $1150 vs $1000/yr).
Best for Simplicity
PibankPibank's Pibank Savings offers 4.60% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
Carver BankCarver Bank offers an iOS app rated 4.7 (vs. 2.4) and Android app rated 4.5 (vs. 1.7)
Shared Benefits
Over a 1-year period, Pibank's Pibank Savings pays $60 more interest on a $10,000 balance than Carver Bank's High Yield Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
Pibank offers a competitive High Yield Savings account with an APY of 4.60%, making it the winner in this comparison. The account requires a minimum deposit of just $0 and has no maintenance fees, which enhances its appeal for savers. In contrast, Carver Bank's High Yield Savings account provides an APY of 4.00% but requires a minimum deposit of $5,000. Both banks are online-only and do not require direct deposit for their savings accounts. Additionally, Pibank's account is noted for better returns on various deposit amounts, making it a strong choice for those seeking simplicity and higher yields.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
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Carver Bank vs. Pibank Savings Calculator
You earn $60 more with Pibank than Carver Bank on a $10,000 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.
Carver Bank
High Yield Savings
Savings Breakdown
- Interest Earned+$400.00(3.8%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,400.00
Pibank
Pibank Savings
Savings Breakdown
- Interest Earned+$460.00(4.4%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,460.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Carver Bank | Pibank |
|---|---|---|
| APY | 4.00% Verified: 1/7/2026 Stable (90d) | 4.60% Verified: 1/7/2026 Stable (90d) |
| Product Name | High Yield Savings | Pibank Savings |
| Minimum Deposit | $5,000 | $0 |
| Min. Balance for APY | $5,000 | $0.01 |
| Monthly Fee | $0, of minimum balance requirement met. Otherwise $6. | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.7 Android4.5 | iOS2.4 Android1.7 |
| Zelle® Support | Available Full native integration in digital banking. | Not Supported |
| BBB Rating | A+ | A |
| Next Steps | Visit SiteVerify at Carver Bank Non-sponsored link to official site | Visit SiteVerify at Pibank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Carver Bank | Pibank |
|---|---|---|
| High Yield Savings | Pibank Savings | |
Current APY | 4.00% | 4.60% |
Trend | Stable | Stable |
Velocity (bps/mo) | -0.6 | -0.0 |
Days Since Change | 309 | 327 |
11-Month High | 4.25% | 4.60% |
11-Month Low | 4.00% | 4.60% |
Adjustments / Mo | 0.09 | 0.00 |
Volatility Score | 0.013 | 0.000 |
How to read these metrics(Click to expand)
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