Neighbors Bank vs. Presidential Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: October 21, 2025
We earn a commission if you open an account through some links on this page.
Summary of Neighbors Bank vs. Presidential Bank
Key Metrics at a Glance
| Feature | Neighbors Bank | Presidential Bank |
|---|---|---|
| Top Savings APY | 4.50% Neighbors Savings Account | 4.50% Advantage Savings |
| Minimum to Open | $0 | $5,000 |
| Minimum Balance for Top APY | $0 | N/A |
| Note | Balances up to $250,000 earn 4.50% APY. Anything above will earn 0.05% APY. |
Neighbors Bank
Strengths
- Neighbors Bank offers a higher APY of 4.50% for balances up to $250,000.
- No minimum deposit or balance requirements for the Neighbors Savings Account.
- Neighbors Bank has no maintenance fees on its savings account.
Potential Drawbacks
- Neighbors Bank's APY decreased from 4.60% in the last 30 days.
- Only one branch location in Columbia, Missouri.
- Neighbors Bank has a lower App Store rating of 3.3.
Presidential Bank
Strengths
- Presidential Bank has 10 branch locations across Maryland, Virginia, and Washington D.C.
- Presidential Bank maintains a high App Store rating of 4.8.
- The Advantage Savings account has a consistent APY of 4.50%.
Potential Drawbacks
- Presidential Bank requires a minimum deposit of $5,000 for the Advantage Savings account.
- To earn the higher APY, a monthly direct deposit of $500 is necessary.
- Presidential Bank has a lower BBB rating of A-.
Summary: Both banks offer a competitive APY of 4.50% on their high-yield savings accounts. Neighbors Bank has no minimum deposit or balance requirements, while Presidential Bank requires a $5,000 minimum deposit and monthly direct deposits to earn the higher APY. Neighbors Bank has fewer branches and a lower App Store rating, while Presidential Bank benefits from a larger branch network and a higher App Store rating, but has a slightly lower BBB rating.
→ As of 10/21/2025 both Neighbors Bank (Neighbors Savings Account) and Presidential Bank (Advantage Savings) offer an APY of 4.50% .
→ Both banks yield $450 in interest on a $10,000 balance after one year. Neither has an APY advantage, so consider other features (fees, access, app ratings, etc.) when choosing.
Calculate Savings Growth for Neighbors Bank vs Presidential Bank
All calculations are based on APY.
Neighbors Bank - Neighbors Savings Account
Top APY: 4.50%
Total savings breakdown:
- Interest earned: $2,760.1 (13.30%)
- Total contributions: $13,000 (62.62%)
- Initial deposit: $5,000 (24.08%)
Your total balance
$20,760.10
Effective APY: 4.50% (based on your deposit and contributions)
Total balance: $20,760.1
Earnings: $2,760.1
Bank OverviewPresidential Bank - Advantage Savings
Top APY: 4.50%
Total savings breakdown:
- Interest earned: $2,760.1 (13.30%)
- Total contributions: $13,000 (62.62%)
- Initial deposit: $5,000 (24.08%)
Your total balance
$20,760.10
Effective APY: 4.50% (based on your deposit and contributions)
Total balance: $20,760.1
Earnings: $2,760.1
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Neighbors Bank's total earnings would be the same as Presidential Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Neighbors Bank's vs Presidential Bank's Savings Accounts
| Neighbors Bank | Presidential Bank | ||
|---|---|---|---|
| Product | Neighbors Savings Account | vs | Advantage Savings |
| APY | 4.50% (as of 10/21/2025) | 4.00% - 4.50% (as of 10/21/2025) | |
| Bundled Account | No | Yes | |
| FDIC-insured | Yes | Yes | |
| Online Only | No | No | |
| Compound Frequency | N/A | Monthly | |
| Minimum Deposit | $0 | $5,000 | |
| Minimum Balance for APY | $0 | N/A | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | Yes. To earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500. | |
| Eligibility | Not available in Delaware. | United States | |
| Note | Balances up to $250,000 earn 4.50% APY. Anything above will earn 0.05% APY. | ||
| App Store Rating | 3.3/5 | 4.8/5 | |
| Google Play Rating | 4.3/5 | 4.2/5 | |
| BBB Rating | A+ | A- |
Comparative Historical APY Insights (Last 8 Months)
| Neighbors Bank | Presidential Bank | ||
|---|---|---|---|
| Product | Neighbors Savings Account | vs | Advantage Savings |
| Latest APY | 4.50 % | 4.50 % | |
| Trend | Sideways | Sideways | |
| Slope (bps/mo) | -0.9 | 0.0 | |
| Rate Changes / Mo | 0.25 | 0.00 | |
| Days Since Last Change | 7 | 236 | |
| High (-8 m) | 4.75 % | 4.50 % | |
| Low (-8 m) | 4.50 % | 4.50 % | |
| Draw-down from High | -5.3 % | 0.0 % | |
| Volatility (CV) | 0.009 | 0.000 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 8 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 (-8 m)
- Highest APY in the last 237 days.
- Low (-8 m)
- Lowest APY in the last 237 days.
- Draw-down from High
- How far today sits below the 8-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.