Fnbo Direct vs. Valley Direct
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: October 16, 2025
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Summary of FNBO Direct vs. Valley Direct
Key Metrics at a Glance
| Feature | FNBO Direct | Valley Direct |
|---|---|---|
| Top Savings APY | 3.00% High-Yield Online Savings Account | 4.10% High-Yield Savings Account |
| Minimum to Open | $1 | $1000 |
| Minimum Balance for Top APY | $0.01 | $0.01 |
| Note | Promo. Eligibility restricted to new customers. |
FNBO Direct
Strengths
- No maintenance fees for the High-Yield Online Savings Account.
- FNBO Direct has a higher App Store rating at 4.5.
- Minimum deposit of $1 for account opening.
Potential Drawbacks
- Current APY is lower at 3.00%, down from 3.25% last month.
- FNBO Direct has no BBB rating.
- No branch access as it operates online only.
Valley Direct
Strengths
- Valley Direct offers a higher APY at 4.10%, though down from 4.30% last month.
- BBB rating of A+ indicates strong trustworthiness.
- Branch access available in NJ, NY, FL, and AL.
Potential Drawbacks
- Minimum deposit requirement of $1,000 for account opening.
- Lower Google Play rating at 4.5 compared to FNBO Direct.
- Eligibility for promo APY is restricted to new customers.
→ As of October 16, 2025 FNBO Direct offers an APY of 3.00% for its High-Yield Online Savings Account, with a minimum balance of $0.01, compared to Valley Direct's 4.10% APY for its High-Yield Savings Account, with a minimum balance of $0.01.
→ Valley Direct yields $110 more than FNBO Direct on a $10,000 balance after one year. FNBO Direct pays $300, while Valley Direct pays $410 - an APY advantage for Valley Direct.
Calculate Savings Growth for FNBO Direct vs Valley Direct
FNBO Direct
Total savings breakdown:
- Interest earned: $1,798.2 (9.08%)
- Total contributions: $13,000 (65.66%)
- Initial deposit: $5,000 (25.25%)
Your total balance
$19,798.20
Total balance: $19,798.2
Earnings: $1,798.2
Bank OverviewValley Direct
Total savings breakdown:
- Interest earned: $2,499.4 (12.19%)
- Total contributions: $13,000 (63.42%)
- Initial deposit: $5,000 (24.39%)
Your total balance
$20,499.40
Total balance: $20,499.4
Earnings: $2,499.4
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, FNBO Direct's total earnings would be $701.2 lower than Valley Direct's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare FNBO Direct's vs Valley Direct's Savings Accounts
| FNBO Direct | Valley Direct | ||
|---|---|---|---|
| Product | High-Yield Online Savings Account | vs | High-Yield Savings Account |
| APY | 3.00% (as of 10/16/2025) | 4.10% (as of 10/16/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | No | Yes | |
| Compound Frequency | Monthly | Daily | |
| Minimum Deposit | $1 | $1000 | |
| Minimum Balance for APY | $0.01 | $0.01 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| Eligibility | United States | Only for new customers. Existing Valley Bank or Valley Direct customers may open a savings account with a somewhat lower rate. | |
| Note | Promo. Eligibility restricted to new customers. | ||
| App Store Rating | 4.5/5 | 4.8/5 | |
| Google Play Rating | 4.8/5 | 4.5/5 | |
| BBB Rating | Not Rated | A+ |
Comparative Historical APY Insights (Last 3 Months)
| FNBO Direct | Valley Direct | ||
|---|---|---|---|
| Product | High-Yield Online Savings Account | vs | High-Yield Savings Account |
| Latest APY | 3.00 % | 4.10 % | |
| Trend | Falling | Falling | |
| Slope (bps/mo) | -7.7 | -9.8 | |
| Rate Changes / Mo | 0.36 | 0.71 | |
| Days Since Last Change | 13 | 20 | |
| High (-3 m) | 3.25 % | 4.30 % | |
| Low (-3 m) | 3.00 % | 4.05 % | |
| Draw-down from High | -7.7 % | -4.7 % | |
| Volatility (CV) | 0.029 | 0.024 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 3 months (regression slope).
- Slope (bps/mo)
- Average monthly change; 10 bps = 0.10 pp.
- Rate Changes / Mo
- Typical number of APY moves per month.
- Days Since Last Change
- Recency of the latest APY adjustment.
- High (-3 m)
- Highest APY in the last 84 days.
- Low (-3 m)
- Lowest APY in the last 84 days.
- Draw-down from High
- How far today sits below the 3-month peak.
- Volatility (CV)
- Coefficient of variation = stdev ÷ mean.
Why Track Savings-Account APYs?
- See how quickly a bank reacts to Fed moves or competition.
- Gauge “twitchiness” - frequent moves can annoy savers.
- Spot if you're buying near a peak (draw-down) or riding a rise.
- Slope (bps/mo) shows speed of change.
- Volatility (CV) scales jumps by average level.