Fvcbank vs. Peak Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: October 21, 2025
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Summary of FVCbank vs. Peak Bank
Key Metrics at a Glance
| Feature | FVCbank | Peak Bank |
|---|---|---|
| Top Savings APY | 4.10% Advantage Direct Savings | 4.20% Envision High Yield Savings |
| Minimum to Open | $500 | $100 |
| Minimum Balance for Top APY | $500 |
FVCbank
Strengths
- FVCbank offers a competitive APY of 4.10%, though it decreased from 4.45% in the last 30 days.
- FVCbank has no maintenance fees for the Advantage Direct Savings account.
Potential Drawbacks
- FVCbank has a higher minimum deposit requirement of $500 for its savings account.
- FVCbank's App Store rating is lower at 4.4 compared to Peak Bank's 4.8.
Peak Bank
Strengths
- Peak Bank provides a slightly higher APY of 4.20%, increasing from 4.35% recently.
- Peak Bank has a superior App Store rating of 4.8 and Google Play rating of 4.7.
Potential Drawbacks
- Peak Bank is not accredited by the BBB, despite having an A+ rating.
- Peak Bank has no physical branches, which may limit customer service options.
→ As of October 21, 2025 FVCbank offers an APY of 4.10% for its Advantage Direct Savings account, with a minimum balance of $500, compared to Peak Bank's 4.20% APY for its Envision High Yield Savings account, with a minimum balance of .
→ Peak Bank yields $10 more than FVCbank on a $10,000 balance after one year. FVCbank pays $410, while Peak Bank pays $420 - an APY advantage for Peak Bank.
Calculate Savings Growth for FVCbank vs Peak Bank
FVCbank - Advantage Direct Savings
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 OverviewPeak Bank - Envision High Yield Savings
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 $64.9 lower than Peak Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare FVCbank's vs Peak Bank's Savings Accounts
| FVCbank | Peak Bank | ||
|---|---|---|---|
| Product | Advantage Direct Savings | vs | Envision High Yield Savings |
| APY | 4.10% (as of 10/21/2025) | 4.20% (as of 10/21/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | N/A | Daily | |
| Minimum Deposit | $500 | $100 | |
| Minimum Balance for APY | $500 | N/A | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| App Store Rating | 4.4/5 | 4.8/5 | |
| Google Play Rating | 3.6/5 | 4.7/5 | |
| BBB Rating | A+ | A+ |
Comparative Historical APY Insights (Last 7 Months)
| FVCbank | Peak Bank | ||
|---|---|---|---|
| Product | Advantage Direct Savings | vs | Envision High Yield Savings |
| Latest APY | 4.10 % | 4.20 % | |
| Trend | Falling | Sideways | |
| Slope (bps/mo) | -5.6 | -4.1 | |
| Rate Changes / Mo | 0.97 | 0.41 | |
| Days Since Last Change | 27 | 20 | |
| High (-7 m) | 4.55 % | 4.54 % | |
| Low (-7 m) | 4.10 % | 4.20 % | |
| Draw-down from High | -9.9 % | -7.5 % | |
| Volatility (CV) | 0.030 | 0.021 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 7 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 (-7 m)
- Highest APY in the last 217 days.
- Low (-7 m)
- Lowest APY in the last 217 days.
- Draw-down from High
- How far today sits below the 7-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.