Pibank vs. Valley Direct
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: October 16, 2025
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Summary of Pibank vs. Valley Direct
Key Metrics at a Glance
| Feature | Pibank | Valley Direct |
|---|---|---|
| Top Savings APY | 4.60% Pibank Savings | 4.10% High-Yield Savings Account |
| Minimum to Open | $0 | $1000 |
| Minimum Balance for Top APY | $0.01 | $0.01 |
| Note | Promo. Eligibility restricted to new customers. |
Pibank
Strengths
- Pibank offers a higher APY of 4.60% compared to Valley Direct's 4.10%.
- No minimum deposit is required to open a Pibank savings account.
- Pibank has no maintenance fees for its savings account.
Potential Drawbacks
- Pibank has a low App Store rating of 2.4 and a Google Play rating of 1.7.
- Pibank is not accredited by the BBB despite having an A rating.
- Pibank has no physical branches for in-person service.
Valley Direct
Strengths
- Valley Direct has a higher App Store rating of 4.8 and a Google Play rating of 4.5.
- Valley Direct's BBB rating is A+, indicating a higher trust level.
- Accounts can be serviced at multiple branch locations across several states.
Potential Drawbacks
- Valley Direct's APY decreased from 4.30% to 4.10% in the last 30 days.
- A minimum deposit of $1,000 is required to open a High-Yield Savings Account.
- Valley Direct is also not BBB accredited despite its higher rating.
Summary: Pibank offers a higher APY of 4.60% with no minimum deposit or maintenance fees, but has poor app ratings and no branches. Valley Direct, while offering a lower APY of 4.10% and requiring a $1,000 deposit, has better app ratings, a higher BBB rating, and physical branches for customer service. Both banks lack BBB accreditation.
→ As of October 16, 2025 Pibank offers an APY of 4.60% for its Pibank Savings account, with a minimum balance of $0.01, compared to Valley Direct's 4.10% APY for its High-Yield Savings Account, with a minimum balance of $0.01.
→ Pibank yields $50 more than Valley Direct on a $10,000 balance after one year. Pibank pays $460, while Valley Direct pays $410 - an APY advantage for Pibank.
Calculate Savings Growth for Pibank vs Valley Direct
All calculations are based on APY.
Pibank
APY: 4.60%
Total savings breakdown:
- Interest earned: $2,825.8 (13.57%)
- Total contributions: $13,000 (62.42%)
- Initial deposit: $5,000 (24.01%)
Your total balance
$20,825.80
Effective APY: 4.60% (based on your deposit and contributions)
Total balance: $20,825.8
Earnings: $2,825.8
Bank OverviewValley Direct
APY: 4.10%
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
Effective APY: 4.10% (based on your deposit and contributions)
Total balance: $20,499.4
Earnings: $2,499.4
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Pibank's total earnings would be $326.4 higher than Valley Direct's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Pibank's vs Valley Direct's Savings Accounts
| Pibank | Valley Direct | ||
|---|---|---|---|
| Product | Pibank Savings | vs | High-Yield Savings Account |
| APY | 4.60% (as of 10/16/2025) | 4.10% (as of 10/16/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Daily | |
| Minimum Deposit | $0 | $1000 | |
| Minimum Balance for APY | $0.01 | $0.01 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| Eligibility | United States | Only for new customers. Existing Valley Bank or Valley Direct customers may open a savings account with a somewhat lower rate. | |
| Note | Promo. Eligibility restricted to new customers. | ||
| App Store Rating | 2.4/5 | 4.8/5 | |
| Google Play Rating | 1.7/5 | 4.5/5 | |
| BBB Rating | A | A+ |
Comparative Historical APY Insights (Last 8 Months)
| Pibank | Valley Direct | ||
|---|---|---|---|
| Product | Pibank Savings | vs | High-Yield Savings Account |
| Latest APY | 4.60 % | 4.10 % | |
| Trend | Sideways | Sideways | |
| Slope (bps/mo) | -0.0 | 1.2 | |
| Rate Changes / Mo | 0.00 | 0.86 | |
| Days Since Last Change | 244 | 20 | |
| High (-8 m) | 4.60 % | 4.40 % | |
| Low (-8 m) | 4.60 % | 3.75 % | |
| Draw-down from High | 0.0 % | -6.8 % | |
| Volatility (CV) | 0.000 | 0.037 |
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 245 days.
- Low (-8 m)
- Lowest APY in the last 245 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.
More Comparisons
Compare Pibank's APY of 4.60% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Pibank vs Ally Bank | 3.40% | $0 |
| Pibank vs American Express | 3.50% | $0 |
| Pibank vs Axos Bank | 4.51% | $0 |
| Pibank vs Bank of America | 0.01% | $100 |
| Pibank vs Barclays | 4.10% | $0 |
| Pibank vs Bask Bank | 4.05% | $0 |
| Pibank vs BrioDirect | 4.20% | $5,000 |
| Pibank vs Capital One | 3.40% | $0 |
| Pibank vs Chase Bank | 0.01% | $0 |
| Pibank vs Chime | 3.50% | $0 |
| Pibank vs CIT Bank | 3.85% | $100 |
| Pibank vs Citizens Access™ | 3.50% | $0.01 |
| Pibank vs Discover Bank | 3.40% | $0 |
| Pibank vs Elevault | 4.34% | $0 |
| Pibank vs EverBank | 4.05% | $0 |
| Pibank vs Fitness Bank | 4.75% | $100 |
| Pibank vs FNBO Direct | 3.00% | $1 |
| Pibank vs FVCbank | 4.10% | $500 |
| Pibank vs GO2bank | 4.50% | $0 |
| Pibank vs LendingClub | 4.20% | $0 |
| Pibank vs Marcus by Goldman Sachs | 3.65% | $0 |
| Pibank vs Neighbors Bank | 4.50% | $0 |
| Pibank vs Newtek Bank | 4.35% | $0 |
| Pibank vs Peak Bank | 4.20% | $100 |
| Pibank vs Presidential Bank | 4.50% | $5,000 |
| Pibank vs Santander Bank | 0.01% | $25 |
| Pibank vs SoFi Bank | 4.50% | $0 |
| Pibank vs Synchrony Bank | 3.80% | $0 |
| Pibank vs TIMBR | 4.40% | $1,000 |
| Pibank vs UFB Direct | 3.96% | $5000 |
| Pibank vs Varo Bank | 5.00% | $0 |
| Pibank vs Wells Fargo | 2.51% | $25 |
| Pibank vs Zynlo Bank | 4.20% | $10 |