FNBO Direct vs. MutualOne Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | FNBO DirectHigh-Yield Online Savings Account Jan 7, 2026 | MutualOne BankMo Premium Savings Jan 7, 2026 |
|---|---|---|
| APY | 3.00% | 4.07% |
Est. Earnings | $5,000+$150 $10,000+$300 $25,000+$750 | $5,000+$0 $10,000+$0 $25,000+$1,018 |
Min Deposit | $1 | $20,000 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppZelle® Supported | FDIC InsuredHigh MinimumGreat 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 FNBO Direct vs. MutualOne Bank
As of FNBO Direct offers an APY of 3.00% for its High-Yield Online Savings Account, with a minimum balance of $0.01, compared to MutualOne Bank's 4.07% APY for its Mo Premium Savings account, with a minimum balance of $20,000.
MutualOne Bank pays $107 more than FNBO Direct on a $10,000 balance after one year. FNBO Direct pays $300, while MutualOne Bank pays $407 - an APY advantage for MutualOne Bank.
In addition, MutualOne Bank also offers 0.40% APY for the Online Savings account, with a minimum balance of 0.
Why FNBO Direct?
- ✓Higher rated Android app (4.8 vs 4.4)
Why MutualOne Bank?
- ✓Higher potential APY (4.07% vs 3.00%)
- ✓Physical branch access (Full-service banking offices in Framingham, MA, and Natick, MA)
- ✓Higher rated iOS app (4.9 vs 4.5)
— Key Feature Differences —
Better Returns at $10,000
FNBO DirectFNBO Direct's High-Yield Online Savings Account earns more on smaller deposits (approx. $300 vs $0/yr).
Better Returns at $25,000
MutualOne BankMutualOne Bank's Mo Premium Savings pulls ahead with larger amounts (approx. $1018 vs $750/yr).
Best for Simplicity
MutualOne BankMutualOne Bank's Mo Premium Savings offers 4.07% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, MutualOne Bank's Mo Premium Savings pays $107 more interest on a $10,000 balance than FNBO Direct's High-Yield Online Savings Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
MutualOne Bank offers a competitive Mo Premium Savings account with a high APY of 4.07%, making it the winner in this comparison. This account requires a minimum deposit of $20,000 but has no direct deposit requirement and no maintenance fees. In contrast, FNBO Direct's High-Yield Online Savings Account provides a lower APY of 3.00% and is accessible with a minimum deposit of just $1, though it is an online-only product. While FNBO Direct may be suitable for smaller deposits, MutualOne Bank's offering is better for those who can meet the higher minimum deposit for greater returns.
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
FNBO Direct vs. MutualOne Bank Savings Calculator
You earn $214 more with MutualOne Bank than FNBO Direct on a $20,000 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.
FNBO Direct
High-Yield Online Savings Account
Savings Breakdown
- Interest Earned+$600.00(2.9%)
- Total Contributions$0
- Initial Deposit$20,000
Projected Balance
$20,600.00
MutualOne Bank
Mo Premium Savings
Savings Breakdown
- Interest Earned+$814.00(3.9%)
- Total Contributions$0
- Initial Deposit$20,000
Projected Balance
$20,814.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | FNBO Direct | MutualOne Bank |
|---|---|---|
| APY | 3.00% Verified: 1/7/2026 Stable (90d) | 4.07% Verified: 1/7/2026 Stable (90d) |
| Product Name | High-Yield Online Savings Account | Mo Premium Savings |
| Minimum Deposit | $1 | $20,000 |
| Min. Balance for APY | $0.01 | $20,000 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | Yes |
| Account Type | Online Only | Online & Branches |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.5 Android4.8 | iOS4.9 Android4.4 |
| Zelle® Support | Available Online division fully supports Zelle. | Available Verified via website and app descriptions. |
| BBB Rating | A+ | A+ |
| Next Steps | Visit SiteVerify at FNBO Direct Non-sponsored link to official site | Visit SiteVerify at MutualOne Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | FNBO Direct | MutualOne Bank | |
|---|---|---|---|
| High-Yield Online Savings Account | Online Savings | Mo Premium Savings | |
Current APY | 3.00% | 0.40% | 4.07% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -4.8 | 0.0 | -0.0 |
Days Since Change | 96 | 114 | 114 |
4-Month High | 3.25% | 0.40% | 4.07% |
4-Month Low | 3.00% | 0.40% | 4.07% |
Adjustments / Mo | 0.26 | 0.00 | 0.00 |
Volatility Score | 0.027 | 0.000 | 0.000 |
How to read these metrics(Click to expand)
Compare Similar High-Yield Accounts
Compare FNBO Direct vs...
Comparing against Standard Savings
Compare MutualOne Bank vs...
Comparing against Standard Savings
High Rates (With Checking Bundle)
Looking for something different? Check out these top-rated alternatives.