FVCbank vs. Openbank
Openbank edges out FVCbank slightly at 4.09% vs 4.00% APY. On a $10,000 balance, the difference is just $9 per year—so other factors may matter more.
The Bottom Line
The FVCbank and Openbank savings accounts are very similar. Choose FVCbank if mobile app quality matters, or you want Zelle for quick transfers. Choose Openbank if BBB rating matters to you.
| Metric | FVCbankAdvantage Direct Savings Feb 21, 2026 | OpenbankHigh-Yield Savings Account Feb 21, 2026 |
|---|---|---|
| APY | 4.00% | 4.09% |
Est. Earnings | $5,000+$200 $10,000+$400 $25,000+$1,000 | $5,000+$205 $10,000+$409 $25,000+$1,023 |
Min Deposit | $500 | $500 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredLow MinimumsGreat iOS AppZelle® SupportedRate Changes Often | FDIC InsuredLow MinimumsRate Changes Often |
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.
Executive Summary
Openbank offers a High-Yield Savings Account with an APY of 4.09%, making it the winner in this comparison. FVCbank's Advantage Direct Savings account follows closely with an APY of 4.00%. Both accounts require a minimum deposit of $500, and neither has a maintenance fee. While FVCbank's account has a minimum balance requirement of $500, Openbank's account has no minimum balance requirement. Both products are online-only and do not require direct deposit.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why FVCbank?
- ✓Higher rated iOS app (4.4 vs 3.1)
- ✓Fast transfers via Zelle®
Why Openbank?
No distinct advantages found vs FVCbank.
Shared Benefits
Over a 1-year period, Openbank's High-Yield Savings Account pays $9 more interest on a $10,000 balance than FVCbank's Advantage Direct Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
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Non-sponsored link to official site
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FVCbank vs. Openbank Savings Calculator
You earn $9 more with Openbank than FVCbank on a $10,000 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.
FVCbank
Advantage Direct Savings
Savings Breakdown
- Interest Earned+$400.00(3.8%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,400.00
Openbank
High-Yield Savings Account
Savings Breakdown
- Interest Earned+$409.00(3.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,409.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still banking with Chase, Bank of America, or Wells Fargo?
On a $10,000 balance, you're missing out on at least $399 per year in interest.
Both FVCbank and Openbank dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | FVCbank | Openbank |
|---|---|---|
| APY | 4.00% Verified: 2/21/2026 ↗︎ 0.15%90d Change | 4.09% Verified: 2/21/2026 ↘︎ 0.11%90d Change |
| Product Name | Advantage Direct Savings | High-Yield Savings Account |
| Minimum Deposit | $500 | $500 |
| Min. Balance for APY | $500 | $0 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | N/A | Monthly |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Physical Branches | N/A | None |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Available Integrated into mobile app. | Not Supported |
| BBB Rating | B- | A- |
| Next Steps | Visit SiteVerify at FVCbank Non-sponsored link to official site | Visit SiteVerify at Openbank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | FVCbank | Openbank |
|---|---|---|
| Advantage Direct Savings | High-Yield Savings Account | |
Current APY | 4.00% | 4.09% |
Trend | Stable | Stable |
Velocity (bps/mo) | -7.2 | -2.4 |
Days Since Change | 25 | 16 |
11-Month High | 4.55% | 4.40% |
11-Month Low | 3.85% | 4.09% |
Adjustments / Mo | 0.80 | 0.27 |
Volatility Score | 0.063 | 0.021 |
How to read these metrics(Click to expand)
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Comparing against Standard Savings
High Rates (With Checking Bundle)
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More Comparisons
Compare FVCbank's APY of 4.00% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| FVCbank vs Ally Bank | 3.20% | $0 |
| FVCbank vs American Express | 3.30% | $0 |
| FVCbank vs Axos Bank | 4.21% | $0 |
| FVCbank vs Bank of America | 0.01% | $100 |
| FVCbank vs Barclays | 3.85% | $0 |
| FVCbank vs Capital One | 3.30% | $0 |
| FVCbank vs Chase Bank | 0.01% | $0 |
| FVCbank vs Chime | 3.00% | $0 |
| FVCbank vs CIT Bank | 3.75% | $100 |
| FVCbank vs Citibank | 3.20% | $0 |
| FVCbank vs Discover Bank | 3.30% | $0 |
| FVCbank vs EverBank | 3.90% | $0 |
| FVCbank vs Marcus by Goldman Sachs | 3.65% | $0 |
| FVCbank vs Newtek Bank | 4.20% | $0.01 |
| FVCbank vs Pibank | 4.60% | $0 |
| FVCbank vs SoFi Bank | 4.00% | $0 |
| FVCbank vs Synchrony Bank | 3.50% | $0 |
| FVCbank vs Varo Bank | 5.00% | $0 |
| FVCbank vs Wealthfront | 3.95% | $0 |
| FVCbank vs Wells Fargo | 0.05% | $25 |