FVCbank vs. Newtek Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
FVCbank
Advantage Direct Savings
3.85%APYDec 6, 2025FDIC InsuredLow MinimumsGreat iOS AppShow Fine Print & Trends Hide Details
FVCbank
Advantage Direct Savings
Newtek Bank
Personal High Yield Savings
4.35%APYDec 6, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Newtek Bank
Personal High Yield Savings
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 FVCbank vs. Newtek Bank
Why FVCbank?
No distinct advantages found vs Newtek Bank.
Why Newtek Bank?
- ✓Higher potential APY (4.35% vs 3.85%) on all balances
- ✓Higher rated Android app (4.2 vs 3.6)
— Key Feature Differences —
Better Returns at $10,000
Newtek BankNewtek Bank's Personal High Yield Savings earns more on smaller deposits (approx. $435 vs $385/yr).
Better Returns at $25,000
Newtek BankNewtek Bank's Personal High Yield Savings pulls ahead with larger amounts (approx. $1087 vs $963/yr).
Best for Simplicity
Newtek BankNewtek Bank's Personal High Yield Savings offers 4.35% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Newtek Bank's Personal High Yield Savings pays $50 more interest on a $10,000 balance than FVCbank's Advantage Direct Savings.
Executive Summary
Newtek Bank offers a Personal High Yield Savings account with a competitive APY of 4.35%, making it the winner in this comparison. This account requires a minimal deposit of just $0.01 and has no maintenance fees, providing better returns compared to FVCbank's Advantage Direct Savings, which has an APY of 3.85% and a minimum deposit requirement of $500. Both accounts are online-only and FDIC insured, but Newtek Bank's product is noted for its simplicity, as it does not require direct deposit or bundling.
Analysis generated based on current Banksparency database records
* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.
Top Market Contenders
See who beats both FVCbank and Newtek Bank.
| Feature | FVCbank | Newtek Bank |
|---|---|---|
| APY | 3.85% Verified: 12/6/2025 ↘︎ 0.50%90d Change | 4.35% Verified: 12/6/2025 Stable (90d) |
| Product Name | Advantage Direct Savings | Personal High Yield Savings |
| Minimum Deposit | $500 | $0.01 |
| Min. Balance for APY | $500 | $0.01 |
| 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 | iOS4.4 Android3.6 | iOS4.5 Android4.2 |
| BBB Rating | B- | A+ |
| Next Steps |
Savings Comparison
Newtek Bank earns $324 more than FVCbank.
FVCbank
Advantage Direct Savings
Savings Breakdown
- Interest Earned+$2,338.00(11.5%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,338.00
Newtek Bank
Personal High Yield Savings
Savings Breakdown
- Interest Earned+$2,662.00(12.9%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,662.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | FVCbank | Newtek Bank |
|---|---|---|
| Advantage Direct Savings | Personal High Yield Savings | |
Current APY | 3.85% | 4.35% |
Trend | Stable | Stable |
Velocity (bps/mo) | -8.3 | -0.5 |
Days Since Change | 35 | 239 |
9-Month High | 4.55% | 4.45% |
9-Month Low | 3.85% | 4.35% |
Adjustments / Mo | 0.92 | 0.11 |
Volatility Score | 0.056 | 0.006 |
How to read these metrics(Click to expand)
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