Charles Schwab Bank vs. Colorado Federal Savings Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Charles Schwab BankSchwab Bank Investor Savings™ Jan 7, 2026 | Colorado Federal Savings BankPremier Savings Jan 7, 2026 |
|---|---|---|
| APY | 0.15% | 4.05% |
Est. Earnings | $5,000+$8 $10,000+$15 $25,000+$38 | $5,000+$0 $10,000+$0 $25,000+$0 |
Min Deposit | $0 | $50,000 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo MinimumsGreat iOS AppIn-Person AccessZelle® Supported | 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.
Comparison Analysis
Comparing Charles Schwab Bank vs. Colorado Federal Savings Bank
As of Charles Schwab Bank offers an APY of 0.15% for its Schwab Bank Investor Savings™ account, with a minimum balance of $0.01, 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 $390 more than Charles Schwab Bank on a $10,000 balance after one year. Charles Schwab Bank pays $15, 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 Charles Schwab Bank?
- ✓Higher rated iOS app (4.8 vs 4.3)
- ✓Fast transfers via Zelle®
Why Colorado Federal Savings Bank?
- ✓Higher potential APY (4.00%-4.05% vs 0.15%)
- ✓No checking account or direct deposit required
- ✓Offers 2 different high-yield savings options
— Key Feature Differences —
Better Returns at $10,000
Charles Schwab BankCharles Schwab Bank's Schwab Bank Investor Savings™ earns more on smaller deposits (approx. $15 vs $0/yr).
Better Returns at $25,000
Charles Schwab BankCharles Schwab Bank's Schwab Bank Investor Savings™ pulls ahead with larger amounts (approx. $38 vs $0/yr).
Best for Simplicity
Colorado Federal Savings BankColorado Federal Savings Bank's Premier Savings offers 4.05% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Colorado Federal Savings Bank's Premier Savings pays $390 more interest on a $10,000 balance than Charles Schwab Bank's Schwab Bank Investor Savings™.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
Colorado Federal Savings Bank offers a competitive High Yield Savings account with an APY of 4.00%, making it the clear winner compared to Charles Schwab Bank's Schwab Bank Investor Savings™, which has a much lower APY of 0.15%. Both banks have no maintenance fees and require no direct deposit, with Colorado Federal's accounts being online-only. For those looking for higher yields, the Premier Savings account from Colorado Federal provides an even better APY of 4.05%, but requires a minimum deposit of $50,000. In contrast, Schwab's savings account has no minimum deposit requirement, but the yield is significantly lower.
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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Top Market Contenders
Charles Schwab Bank vs. Colorado Federal Savings Bank Savings Calculator
You earn $1,950 more with Colorado Federal Savings Bank than Charles Schwab Bank 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.
Charles Schwab Bank
Schwab Bank Investor Savings™
Savings Breakdown
- Interest Earned+$75.00(0.1%)
- Total Contributions$0
- Initial Deposit$50,000
Projected Balance
$50,075.00
Colorado Federal Savings Bank
Premier Savings
Savings Breakdown
- Interest Earned+$2,025.00(3.9%)
- Total Contributions$0
- Initial Deposit$50,000
Projected Balance
$52,025.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Charles Schwab Bank | Colorado Federal Savings Bank |
|---|---|---|
| APY | 0.15% Verified: 1/7/2026 Stable (90d) | 4.05% Verified: 1/7/2026 ↘︎ 0.10%90d Change |
| Product Name | Schwab Bank Investor Savings™ | Premier Savings |
| Minimum Deposit | $0 | $50,000 |
| Min. Balance for APY | $0.01 | $50,000 |
| Monthly Fee | $0 | $0 |
| Branch Access | Yes | None |
| Account Type | Online & Branches | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.8 Android2.8 | iOS4.3 Android- |
| Zelle® Support | Available Integrated into Investor Checking; high liquidity. | Not Supported |
| BBB Rating | A+ | A+ |
| Next Steps | Visit SiteVerify at Charles Schwab Bank Non-sponsored link to official site | Visit SiteVerify at Colorado Federal Savings Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Charles Schwab Bank | Colorado Federal Savings Bank | |
|---|---|---|---|
| Schwab Bank Investor Savings™ | Premier Savings | High Yield Savings | |
Current APY | 0.15% | 4.05% | 4.00% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -0.0 | -2.6 | -2.6 |
Days Since Change | 322 | 89 | 89 |
11-Month High | 0.15% | 4.25% | 4.25% |
11-Month Low | 0.15% | 4.05% | 4.00% |
Adjustments / Mo | 0.00 | 0.19 | 0.37 |
Volatility Score | 0.000 | 0.022 | 0.022 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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