Colorado Federal Savings Bank vs. Santander 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 | Santander BankSantander Savings Jan 7, 2026 |
|---|---|---|
| APY | 4.05% | 0.01% |
Est. Earnings | $5,000+$0 $10,000+$0 $25,000+$0 | $5,000+$1 $10,000+$1 $25,000+$3 |
Min Deposit | $50,000 | $25 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredHigh MinimumGreat iOS App | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® Supported |
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. Santander 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 Santander Bank's 0.01% APY for its Santander Savings account, with a minimum balance of $0.
Colorado Federal Savings Bank pays $404 more than Santander Bank on a $10,000 balance after one year. Colorado Federal Savings Bank pays $405, while Santander Bank pays $1 - 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 0.01%)
- ✓No checking account or direct deposit required
- ✓Offers 2 different high-yield savings options
Why Santander Bank?
- ✓Physical branch access (Primarily in the Northeast and Miami, Florida)
- ✓Higher rated iOS app (4.8 vs 4.3)
- ✓Higher rated Android app (4.0 vs 0.0)
- ✓Fast transfers via Zelle®
— Key Feature Differences —
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 Mobile App Experience
Santander BankSantander Bank offers an iOS app rated 4.8 (vs. 4.3) and Android app rated 4.0 (vs. 0.0)
Shared Benefits
Over a 1-year period, Colorado Federal Savings Bank's Premier Savings pays $404 more interest on a $10,000 balance than Santander Bank's Santander 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 standout choice compared to Santander Bank, which only provides a significantly lower APY of 0.01% on its Santander Savings account. While Colorado's Premier Savings account yields 4.05% APY, it requires a minimum deposit of $50,000. Both banks have no maintenance fees and are FDIC insured, but Colorado Federal Savings Bank operates online only, while Santander Bank has physical branches. Additionally, Santander is noted for its mobile app experience, rated 4.8 for iOS.
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. Santander Bank Savings Calculator
You earn $2,020 more with Colorado Federal Savings Bank than Santander 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
Santander Bank
Santander Savings
Savings Breakdown
- Interest Earned+$5.00(0.0%)
- Total Contributions$0
- Initial Deposit$50,000
Projected Balance
$50,005.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Colorado Federal Savings Bank | Santander Bank |
|---|---|---|
| APY | 4.05% Verified: 1/7/2026 ↘︎ 0.10%90d Change | 0.01% Verified: 1/7/2026 Stable (90d) |
| Product Name | Premier Savings | Santander Savings |
| Minimum Deposit | $50,000 | $25 |
| Min. Balance for APY | $50,000 | $0 |
| Monthly Fee | $0 | $1 |
| Branch Access | None | Yes |
| Account Type | Online Only | Online & Branches |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.3 Android- | iOS4.8 Android4.0 |
| Zelle® Support | Not Supported | Available Branch-based retail accounts only. |
| BBB Rating | A+ | Not Rated |
| Next Steps | Visit SiteVerify at Colorado Federal Savings Bank Non-sponsored link to official site | Visit SiteVerify at Santander Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Colorado Federal Savings Bank | Santander Bank | |
|---|---|---|---|
| Premier Savings | High Yield Savings | Santander Savings | |
Current APY | 4.05% | 4.00% | 0.01% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -2.6 | -2.6 | -0.3 |
Days Since Change | 89 | 89 | 110 |
11-Month High | 4.25% | 4.25% | 0.03% |
11-Month Low | 4.05% | 4.00% | 0.01% |
Adjustments / Mo | 0.19 | 0.37 | 0.09 |
Volatility Score | 0.022 | 0.022 | 0.447 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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