Ivy Bank vs. Neighbors Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Ivy BankHigh-Yield Savings Account Jan 7, 2026 | Neighbors BankNeighbors Savings Account Jan 7, 2026 |
|---|---|---|
| APY | 0.05% - 4.10% | 4.30% |
Est. Earnings | $5,000+$205 $10,000+$410 $25,000+$1,025 | $5,000+$215 $10,000+$430 $25,000+$1,075 |
Min Deposit | $2,500 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | - | Balances up to $250,000 earn 4.30% APY. Anything above will earn 0.05% APY. |
| Features | FDIC InsuredMod. MinimumGreat iOS App | FDIC InsuredNo MinimumsGreat Android AppIn-Person Access |
Comparison Analysis
Comparing Ivy Bank vs. Neighbors Bank
As of Ivy Bank offers an APY of 4.10% for its High-Yield Savings Account, with a minimum balance of $2,500, compared to Neighbors Bank's 4.30% APY for its Neighbors Savings Account, with a minimum balance of $0.
Neighbors Bank pays $20 more than Ivy Bank on a $10,000 balance after one year. Ivy Bank pays $410, while Neighbors Bank pays $430 - an APY advantage for Neighbors Bank.
Why Ivy Bank?
- ✓No checking account or direct deposit required
- ✓Higher rated iOS app (4.7 vs 3.3)
Why Neighbors Bank?
- ✓Higher potential APY (4.30% vs 4.10%) on all balances
- ✓Physical branch access (One location in Columbia, Missouri)
- ✓Higher rated Android app (4.4 vs 3.5)
— Key Feature Differences —
Better Returns at $10,000
Neighbors BankNeighbors Bank's Neighbors Savings Account earns more on smaller deposits (approx. $430 vs $410/yr).
Better Returns at $25,000
Neighbors BankNeighbors Bank's Neighbors Savings Account pulls ahead with larger amounts (approx. $1075 vs $1025/yr).
Shared Benefits
Over a 1-year period, Neighbors Bank's Neighbors Savings Account pays $20 more interest on a $10,000 balance than Ivy Bank's High-Yield Savings Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
Neighbors Bank offers a competitive Neighbors Savings Account with an APY of 4.30%, making it the winner in this comparison. This account allows for balances up to $250,000 to earn the high rate, while amounts above that yield only 0.05%. In contrast, Ivy Bank's High-Yield Savings Account provides a lower APY of 4.10% and requires a minimum deposit and balance of $2,500, with eligibility restricted to residents outside of California and U.S. Territories. Both accounts have no maintenance fees and do not require direct deposit, but Ivy Bank's offering is online-only.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Ivy Bank vs. Neighbors Bank Savings Calculator
You earn $20 more with Neighbors Bank than Ivy Bank 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.
Ivy Bank
High-Yield Savings Account
Savings Breakdown
- Interest Earned+$410.00(3.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,410.00
Neighbors Bank
Neighbors Savings Account
4.30% on first $250,000 and 0.05% thereafter.
Savings Breakdown
- Interest Earned+$430.00(4.1%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,430.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Ivy Bank | Neighbors Bank |
|---|---|---|
| APY | 4.10% Range: 0.05% - 4.10% Verified: 1/7/2026 - | 4.30% Verified: 1/7/2026 ↘︎ 0.30%90d Change |
| Product Name | High-Yield Savings Account | Neighbors Savings Account |
| Minimum Deposit | $2,500 | $0 |
| Min. Balance for APY | $2,500 | $0 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | Yes |
| Account Type | Online Only | Online & Branches |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.7 Android3.5 | iOS3.3 Android4.4 |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | A- | A+ |
| Important Notes | - | Balances up to $250,000 earn 4.30% APY. Anything above will earn 0.05% APY. |
| Next Steps | Visit SiteVerify at Ivy Bank Non-sponsored link to official site | Visit SiteVerify at Neighbors Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Ivy Bank | Neighbors Bank |
|---|---|---|
| High-Yield Savings Account | Neighbors Savings Account | |
Current APY | 4.10% | 4.30% |
Trend | Stable | Stable |
Velocity (bps/mo) | -11.9 | -16.3 |
Days Since Change | 22 | 28 |
2-Month High | 4.25% | 4.50% |
2-Month Low | 4.10% | 4.30% |
Adjustments / Mo | 0.55 | 0.55 |
Volatility Score | 0.018 | 0.023 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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