MutualOne Bank vs. Vio Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | MutualOne BankMo Premium Savings Jan 7, 2026 | Vio BankOnline Savings Account Jan 7, 2026 |
|---|---|---|
| APY | 4.07% | 4.09% |
Est. Earnings | $5,000+$0 $10,000+$0 $25,000+$1,018 | $5,000+$205 $10,000+$409 $25,000+$1,023 |
Min Deposit | $20,000 | $100 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredHigh MinimumGreat iOS AppGreat Android AppIn-Person AccessZelle® Supported | FDIC InsuredLow MinimumsGreat iOS App |
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. Vio Bank
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 Vio Bank's 4.09% APY for its Online Savings Account, with a minimum balance of $0.
Vio Bank pays $2 more than MutualOne Bank on a $10,000 balance after one year. MutualOne Bank pays $407, while Vio Bank pays $409 - an APY advantage for Vio 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)
- ✓Higher rated Android app (4.4 vs 3.4)
- ✓Fast transfers via Zelle®
Why Vio Bank?
No distinct advantages found vs MutualOne Bank.
— Key Feature Differences —
Better Returns at $10,000
Vio BankVio Bank's Online Savings Account earns more on smaller deposits (approx. $409 vs $0/yr).
Best Mobile App Experience
MutualOne BankMutualOne Bank offers an iOS app rated 4.9 (vs. 4.6) and Android app rated 4.4 (vs. 3.4)
Shared Benefits
Over a 1-year period, Vio Bank's Online Savings Account pays $2 more interest on a $10,000 balance than MutualOne Bank's Mo Premium Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
Vio Bank's Online Savings Account offers a slightly higher APY of 4.09% compared to MutualOne Bank's Mo Premium Savings at 4.07%. Both accounts have no maintenance fees and do not require direct deposit. However, Vio Bank has a lower minimum deposit requirement of $100, making it more accessible for smaller savers. MutualOne Bank also provides an Online Savings option with a lower APY of 0.40% for deposits up to $1,000,000.01, but this account is online-only. Notably, MutualOne Bank has received recognition for its mobile app experience, with higher ratings than Vio Bank.
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
MutualOne Bank vs. Vio Bank Savings Calculator
You earn $4 more with Vio Bank than MutualOne Bank 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
Vio Bank
Online Savings Account
Savings Breakdown
- Interest Earned+$818.00(3.9%)
- Total Contributions$0
- Initial Deposit$20,000
Projected Balance
$20,818.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | MutualOne Bank | Vio Bank |
|---|---|---|
| APY | 4.07% Verified: 1/7/2026 Stable (90d) | 4.09% Verified: 1/7/2026 - |
| Product Name | Mo Premium Savings | Online Savings Account |
| Minimum Deposit | $20,000 | $100 |
| Min. Balance for APY | $20,000 | $0 |
| Monthly Fee | $0 | $0, if electronic statements selected, otherwise $5 |
| Branch Access | Yes | None |
| Account Type | Online & Branches | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.9 Android4.4 | iOS4.6 Android3.4 |
| Zelle® Support | Available Verified via website and app descriptions. | Not Supported |
| BBB Rating | A+ | A+ |
| Next Steps | Visit SiteVerify at MutualOne Bank Non-sponsored link to official site | Visit SiteVerify at Vio Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | MutualOne Bank | Vio Bank | |
|---|---|---|---|
| Online Savings | Mo Premium Savings | Online Savings Account | |
Current APY | 0.40% | 4.07% | 4.09% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | 0.0 | -0.0 | -2.7 |
Days Since Change | 55 | 55 | 1 |
2-Month High | 0.40% | 4.07% | 4.21% |
2-Month Low | 0.40% | 4.07% | 4.09% |
Adjustments / Mo | 0.00 | 0.00 | 1.07 |
Volatility Score | 0.000 | 0.000 | 0.005 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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