MutualOne Bank vs. Valley Direct
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | MutualOne BankMo Premium Savings Jan 7, 2026 | Valley DirectHigh-Yield Savings Account Jan 7, 2026 |
|---|---|---|
| APY | 4.07% | 3.40% - 4.00% |
Est. Earnings | $5,000+$0 $10,000+$0 $25,000+$1,018 | $5,000+$200 $10,000+$400 $25,000+$1,000 |
Min Deposit | $20,000 | $1,000 |
Snapshot view. Rates subject to change. | ||
Terms | - | Promo rate for new customers. 3.40% APY applies to existing customers. |
| Features | FDIC InsuredHigh MinimumGreat iOS AppGreat Android AppIn-Person AccessZelle® Supported | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® Supported |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.21% APY.
Comparison Analysis
Comparing MutualOne Bank vs. Valley Direct
As of MutualOne Bank offers an APY of 4.07% for its Mo Premium Savings account, with a minimum balance of $20,000, compared to Valley Direct's 4.00% APY for its High-Yield Savings Account, with a minimum balance of $0.01.
MutualOne Bank pays $7 more than Valley Direct on a $10,000 balance after one year. MutualOne Bank pays $407, while Valley Direct pays $400 - an APY advantage for MutualOne Bank.
In addition, MutualOne Bank also offers 0.40% APY for the Online Savings account, with a minimum balance of 0.
Why MutualOne Bank?
- ✓Physical branch access (Full-service banking offices in Framingham, MA, and Natick, MA)
- ✓Available to New & Existing Customers
Why Valley Direct?
No distinct advantages found vs MutualOne Bank.
— Key Feature Differences —
Better Returns at $10,000
Valley DirectValley Direct's High-Yield Savings Account earns more on smaller deposits (approx. $400 vs $0/yr).
Shared Benefits
Over a 1-year period, MutualOne Bank's Mo Premium Savings pays $7 more interest on a $10,000 balance than Valley Direct's High-Yield Savings Account.
*This comparison accounts for Valley Direct's introductory promotional rate, yet MutualOne Bank's standard rate still yields a higher 1-year return.
Executive Summary as of
MutualOne Bank offers a competitive Mo Premium Savings account with an APY of 4.07%, requiring a minimum deposit of $20,000, while also providing an Online Savings account with a lower APY of 0.40% for deposits up to $1,000,000. In comparison, Valley Direct features a High-Yield Savings Account with an APY of 4.00%, available for a minimum deposit of $1,000, but this rate is restricted to new customers; existing customers earn a lower rate of 3.40%. Both banks have no maintenance fees and are FDIC insured, making them solid options for savers.
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
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Top Market Contenders
MutualOne Bank vs. Valley Direct Savings Calculator
You earn $14 more with MutualOne Bank than Valley Direct on a $20,000 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.
MutualOne Bank
Mo Premium Savings
Savings Breakdown
- Interest Earned+$814.00(3.9%)
- Total Contributions$0
- Initial Deposit$20,000
Projected Balance
$20,814.00
Valley Direct
High-Yield Savings Account
Promo Rate: 4.00% for 12 months, then 3.40%.
Savings Breakdown
- Interest Earned+$800.00(3.8%)
- Total Contributions$0
- Initial Deposit$20,000
Projected Balance
$20,800.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | MutualOne Bank | Valley Direct |
|---|---|---|
| APY | 4.07% Verified: 1/7/2026 Stable (90d) | 4.00% Range: 3.40% - 4.00% Verified: 1/7/2026 ↘︎ 0.10%90d Change |
| Product Name | Mo Premium Savings | High-Yield Savings Account |
| Minimum Deposit | $20,000 | $1,000 |
| Min. Balance for APY | $20,000 | $0.01 |
| Monthly Fee | $0 | $0 |
| Branch Access | Yes | Yes |
| Account Type | Online & Branches | Online & Branches |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.9 Android4.4 | iOS4.8 Android4.6 |
| Zelle® Support | Available Verified via website and app descriptions. | Available Allows Zelle directly on HYSA. |
| BBB Rating | A+ | A+ |
| Important Notes | - | Promo rate for new customers. 3.40% APY applies to existing customers. |
| Next Steps | Visit SiteVerify at MutualOne Bank Non-sponsored link to official site | Visit SiteVerify at Valley Direct Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | MutualOne Bank | Valley Direct | |
|---|---|---|---|
| Online Savings | Mo Premium Savings | High-Yield Savings Account | |
Current APY | 0.40% | 4.07% | 4.00% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | 0.0 | -0.0 | -3.9 |
Days Since Change | 114 | 114 | 26 |
4-Month High | 0.40% | 4.07% | 4.30% |
4-Month Low | 0.40% | 4.07% | 4.00% |
Adjustments / Mo | 0.00 | 0.00 | 0.77 |
Volatility Score | 0.000 | 0.000 | 0.015 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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