Get growing
Reach your savings goals sooner
- FDIC insured deposits
- Withdraw and deposit simply
- Interest compounded daily
- Help from humans 24/7
Savings accounts to help grow your money
High-Yield Savings Account
5.70% APY
Typically, earn interest at a higher rate than with a traditional savings account.
- Accelerate earnings, with flexible access to your money.
- Open with $100 or more, then boost your balance with online deposits.
6-Month Certificate of Deposit
4.40% APY
Typically, earn interest at a higher rate than with a traditional savings account.
- Accelerate earnings, with flexible access to your money.
- Open with $100 or more, then boost your balance with online deposits.
Retirement High-Yield Savings
5.70% APY
Build your retirement savings in a Traditional or Roth IRA.
- Get both the tax advantages of an IRA and a great savings rate.
- Save confidently for the future with an FDIC-insured account.
A better way to save
Enjoy the security of a traditional savings account with the advantage of high interest rates.
Don’t Like Fees? Us Either.
FDIC Insured for peace of mind
Excellent customer support
Transfer Money Simply
Fee free savings
How Can We Offer Such Great Rates?
Have Questions?
Frequently asked questions
What is a high-yield savings account
Are my savings protected at Fairvantage Bank
Yes! Eligible deposits are insured for the maximum amount allowed by law with the FDIC (Federal Deposit Insurance Corporation). No matter what might happen, each Fairvantage Savings customer would be eligible for up to $250,000 in FDIC coverage*.
How can FV Bank offer such great rates
Fairvantage Bank offers market leading rates on its savings accounts. Our focus on using advanced technology instead of physical bank branches lowers overhead expenses, enabling us to offer better rates and no fees, unlike traditional brick-and-mortar institutions.
What is the minimum deposit to open a savings account or a CD?
A FV Bank Savings High-Yield Savings Account requires a $100 minimum opening balance. A FV Bank Savings Certificate of Deposit requires a $1,000 minimum opening balance.
What's the difference between a high-yield savings account and a certificate of deposit from FV Bank?
There are a few basic differences. Our high-yield savings account (HYSA) offers flexible access to your funds, and the rates are variable, meaning they may go up or down over time.
Our certificates of deposit (CDs) offer fixed rates that do not change over the term. The CDs also provide access to your funds, although penalties apply if withdrawals are made before maturity.