Colorado Federal Savings Bank vs. GO2bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Colorado Federal Savings BankPremier Savings Jan 7, 2026 | GO2bankHigh Yield Savings Jan 7, 2026 |
|---|---|---|
| APY | 4.05% | 0.00% - 4.50% |
Est. Earnings | $5,000+$0 $10,000+$0 $25,000+$0 | $5,000+$225 $10,000+$225 $25,000+$225 |
Min Deposit | $50,000 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | - | A GO2bank checking account is required to open a savings account. The 4.50% APY is up to $5,000. Balances above that earn no interest. |
| Features | FDIC InsuredHigh MinimumGreat iOS App | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppChecking Bundle |
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 Colorado Federal Savings Bank vs. GO2bank
As of Colorado Federal Savings Bank offers an APY of 4.05% for its Premier Savings account, with a minimum balance of $50,000, compared to GO2bank's 4.50% APY for its High Yield Savings account, with a minimum balance of $0.
Colorado Federal Savings Bank pays $180 more than GO2bank on a $10,000 balance after one year. Colorado Federal Savings Bank pays $405, while GO2bank pays $225 (with an effective APY of 2.25%) - 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 Colorado Federal Savings Bank?
- ✓No checking account or direct deposit required
- ✓Offers 2 different high-yield savings options
Why GO2bank?
- ✓Higher potential APY (4.50% vs 4.00%-4.05%) on all balances
- ✓Higher rated iOS app (4.8 vs 4.3)
- ✓Higher rated Android app (4.5 vs 0.0)
— Key Feature Differences —
Better Returns at $10,000
GO2bankGO2bank's High Yield Savings earns more on smaller deposits (approx. $225 vs $0/yr).
Better Returns at $25,000
GO2bankGO2bank's High Yield Savings pulls ahead with larger amounts (approx. $225 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.
Best for All-in-One Banking
GO2bankGO2bank's High Yield Savings pays a superior APY for customers who also open a checking account.
Best Mobile App Experience
GO2bankGO2bank offers an iOS app rated 4.8 (vs. 4.3) and Android app rated 4.5 (vs. 0.0)
Shared Benefits
Over a 1-year period, Colorado Federal Savings Bank's Premier Savings pays $180 more interest on a $10,000 balance than GO2bank's High Yield Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
GO2bank offers a competitive High Yield Savings account with an APY of 4.50%, which is higher than Colorado Federal Savings Bank's Premier Savings account at 4.05%. However, to access GO2bank's savings account, customers must also open a checking account, and the high yield is capped at $5,000, with balances above that earning no interest. In contrast, Colorado Federal Savings Bank's Premier Savings does not require a checking account and allows deposits starting at $50,000, providing a straightforward option for savers. Both banks operate online only and have no maintenance fees for their savings accounts.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Non-sponsored link to official site
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Top Market Contenders
Colorado Federal Savings Bank vs. GO2bank Savings Calculator
You earn $1,800 more with Colorado Federal Savings Bank than GO2bank 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.
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
GO2bank
High Yield Savings
4.50% on first $5,000 and 0.00% thereafter.
Savings Breakdown
- Interest Earned+$225.00(0.4%)
- Total Contributions$0
- Initial Deposit$50,000
Projected Balance
$50,225.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Colorado Federal Savings Bank | GO2bank |
|---|---|---|
| APY | 4.05% Verified: 1/7/2026 ↘︎ 0.10%90d Change | 4.50% 0Verified: 1/7/2026 Stable (90d) |
| Product Name | Premier Savings | High Yield Savings |
| Minimum Deposit | $50,000 | $0 |
| Min. Balance for APY | $50,000 | $0 |
| Monthly Fee | $0 | $5 per month, unless you set up direct deposit |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | Yes |
| Mobile Apps | iOS4.3 Android- | iOS4.8 Android4.5 |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | A+ | Not Rated |
| Important Notes | - | A GO2bank checking account is required to open a savings account. The 4.50% APY is up to $5,000. Balances above that earn no interest. |
| Next Steps | Visit SiteVerify at Colorado Federal Savings Bank Non-sponsored link to official site | Visit SiteVerify at GO2bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Colorado Federal Savings Bank | GO2bank | |
|---|---|---|---|
| Premier Savings | High Yield Savings | High Yield Savings | |
Current APY | 4.05% | 4.00% | 4.50% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -2.8 | -2.8 | 0.0 |
Days Since Change | 89 | 89 | 154 |
5-Month High | 4.25% | 4.20% | 4.50% |
5-Month Low | 4.05% | 4.00% | 4.50% |
Adjustments / Mo | 0.39 | 0.39 | 0.00 |
Volatility Score | 0.012 | 0.012 | 0.000 |
How to read these metrics(Click to expand)
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