Fvcbank vs. Openbank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of FVCbank vs. Openbank
Key Metrics at a Glance
| Feature | FVCbank | Openbank |
|---|---|---|
| Top Savings APY | 3.85% Advantage Direct Savings | 4.20% High-Yield Savings Account |
| Minimum to Open | $500 | $500 |
| Minimum Balance for Top APY | $500 | $0 |
FVCbank
Strengths
- FVCbank offers an A+ BBB rating, indicating strong trustworthiness.
- FVCbank has a higher App Store rating of 4.4 compared to Openbank's 3.2.
- FVCbank's Advantage Direct Savings has no maintenance fees.
Potential Drawbacks
- FVCbank's APY decreased from 4.10% to 3.85% in the last 30 days.
- FVCbank has no physical branches available.
Openbank
Strengths
- Openbank's High-Yield Savings Account offers a competitive APY of 4.20%.
- Openbank requires no minimum balance for its savings account.
Potential Drawbacks
- Openbank is not BBB Accredited and has a Not Rated BBB rating.
- Openbank has a lower App Store and Google Play rating of 3.2.
→ As of November 12, 2025 FVCbank offers an APY of 3.85% for its Advantage Direct Savings account, with a minimum balance of $500, compared to Openbank's 4.20% APY for its High-Yield Savings Account, with a minimum balance of $0.
→ Openbank yields $35 more than FVCbank on a $10,000 balance after one year. FVCbank pays $385, while Openbank pays $420 - an APY advantage for Openbank.
Calculate Savings Growth for FVCbank vs Openbank
FVCbank - Advantage Direct Savings
Total savings breakdown:
- Interest earned: $2,338 (11.50%)
- Total contributions: $13,000 (63.92%)
- Initial deposit: $5,000 (24.58%)
Your total balance
$20,338.00
Total balance: $20,338
Earnings: $2,338
Bank OverviewOpenbank - High-Yield Savings Account
Total savings breakdown:
- Interest earned: $2,564.3 (12.47%)
- Total contributions: $13,000 (63.22%)
- Initial deposit: $5,000 (24.31%)
Your total balance
$20,564.30
Total balance: $20,564.3
Earnings: $2,564.3
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, FVCbank's total earnings would be $226.3 lower than Openbank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare FVCbank's vs Openbank's Savings Accounts
| FVCbank | Openbank | ||
|---|---|---|---|
| Product | Advantage Direct Savings | vs | High-Yield Savings Account |
| APY | 3.85% (as of 11/12/2025) | 4.20% (as of 11/12/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | N/A | Monthly | |
| Minimum Deposit | $500 | $500 | |
| Minimum Balance for APY | $500 | $0 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| App Store Rating | 4.4/5 | 3.2/5 | |
| Google Play Rating | 3.6/5 | 3.2/5 | |
| BBB Rating | A+ | Not Rated |
Comparative Historical APY Insights (Last 8 Months)
| FVCbank | Openbank | ||
|---|---|---|---|
| Product | Advantage Direct Savings | vs | High-Yield Savings Account |
| Latest APY | 3.85 % | 4.20 % | |
| Trend | Falling | Sideways | |
| Slope (bps/mo) | -7.1 | -3.4 | |
| Rate Changes / Mo | 1.00 | 0.25 | |
| Days Since Last Change | 12 | 114 | |
| High (-8 m) | 4.55 % | 4.40 % | |
| Low (-8 m) | 3.85 % | 4.20 % | |
| Draw-down from High | -15.4 % | -4.5 % | |
| Volatility (CV) | 0.044 | 0.021 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 8 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 (-8 m)
- Highest APY in the last 239 days.
- Low (-8 m)
- Lowest APY in the last 239 days.
- Draw-down from High
- How far today sits below the 8-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.