RateAPY

FNBO Bank Savings Account at 1.25% APY

Posted by: RateAPY Bank Rates News
March 2nd, 2010

An old-fashioned savings account can be the best place to keep your emergency fund money or to save money for a specific goal. Your savings are best kept separate from your regular checking account so that you are less tempted to reach into the account for extra spending money. Financial experts suggest that the easiest way to build your savings is to have funds automatically transferred into your account on a monthly or bi-weekly basis.

No-fee Savings Account

FNBO Bank, a division of First National Bank of Omaha, has an online savings account with a current interest rate of 1.25% APY for all deposit amounts from $1 to $100,000. No minimum balance is required for this account, only a minimum initial deposit of $1. This account, which is fully FDIC-insured up to $250,000 per depositor, does not charge account holders any fees.

Compare savings account interest rates and fees online to find the best bank deals and the right account for your needs.