Colorado Federal Savings Bank vs. Sallie Mae Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Colorado Federal Savings BankPremier Savings Jan 7, 2026 | Sallie Mae BankHigh-Yield Savings Account Jan 7, 2026 |
|---|---|---|
| APY | 4.05% | 3.90% |
Est. Earnings | $5,000+$0 $10,000+$0 $25,000+$0 | $5,000+$195 $10,000+$390 $25,000+$975 |
Min Deposit | $50,000 | $0 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredHigh MinimumGreat iOS App | FDIC InsuredNo Minimums |
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 Colorado Federal Savings Bank vs. Sallie Mae Bank
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 Sallie Mae Bank's 3.90% APY for its High-Yield Savings Account, with a minimum balance of $0.
Colorado Federal Savings Bank pays $15 more than Sallie Mae Bank on a $10,000 balance after one year. Colorado Federal Savings Bank pays $405, while Sallie Mae Bank pays $390 - 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?
- ✓Higher potential APY (4.00%-4.05% vs 3.90%)
- ✓Higher rated iOS app (4.3 vs 1.5)
- ✓Offers 2 different high-yield savings options
Why Sallie Mae Bank?
No distinct advantages found vs Colorado Federal Savings Bank.
— Key Feature Differences —
Better Returns at $10,000
Sallie Mae BankSallie Mae Bank's High-Yield Savings Account earns more on smaller deposits (approx. $390 vs $0/yr).
Better Returns at $25,000
Sallie Mae BankSallie Mae Bank's High-Yield Savings Account pulls ahead with larger amounts (approx. $975 vs $0/yr).
Shared Benefits
Over a 1-year period, Colorado Federal Savings Bank's Premier Savings pays $15 more interest on a $10,000 balance than Sallie Mae Bank's High-Yield Savings Account.
*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 highest-yielding option between the two banks. This account has no minimum balance requirement and no maintenance fees, and it is online-only. In comparison, Sallie Mae Bank's High-Yield Savings Account provides a slightly lower APY of 3.90%, also with no minimum deposit and no maintenance fees, and is likewise online-only. While Colorado Federal's account leads in APY, Sallie Mae Bank may offer better returns at higher deposit amounts, particularly noticeable at $10,000 and $25,000.
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
Non-sponsored link to official site
Top Market Contenders
Colorado Federal Savings Bank vs. Sallie Mae Bank Savings Calculator
You earn $75 more with Colorado Federal Savings Bank than Sallie Mae 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.
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
Sallie Mae Bank
High-Yield Savings Account
Savings Breakdown
- Interest Earned+$1,950.00(3.8%)
- Total Contributions$0
- Initial Deposit$50,000
Projected Balance
$51,950.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Colorado Federal Savings Bank | Sallie Mae Bank |
|---|---|---|
| APY | 4.05% Verified: 1/7/2026 ↘︎ 0.10%90d Change | 3.90% Verified: 1/7/2026 Stable (90d) |
| Product Name | Premier Savings | High-Yield Savings Account |
| Minimum Deposit | $50,000 | $0 |
| Min. Balance for APY | $50,000 | $0 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.3 Android- | iOS1.5 Android1.6 |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | A+ | A+ |
| Next Steps | Visit SiteVerify at Colorado Federal Savings Bank Non-sponsored link to official site | Visit SiteVerify at Sallie Mae Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Colorado Federal Savings Bank | Sallie Mae Bank | |
|---|---|---|---|
| Premier Savings | High Yield Savings | High-Yield Savings Account | |
Current APY | 4.05% | 4.00% | 3.90% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -2.6 | -2.6 | -0.0 |
Days Since Change | 89 | 89 | 322 |
11-Month High | 4.25% | 4.25% | 3.90% |
11-Month Low | 4.05% | 4.00% | 3.90% |
Adjustments / Mo | 0.19 | 0.37 | 0.00 |
Volatility Score | 0.022 | 0.022 | 0.000 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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