RateAPY

FNBO Direct Online Savings Account at 1.40% APY

Posted by: RateAPY Bank Rates News
January 22nd, 2010

Sometimes the hardest part about saving money is getting started. Many financial experts say the best way to begin is by opening a savings account, even if you have to open it with a small sum of money. Gradually increasing your savings and watching it grow by earning interest may be a big incentive to adding more to the account as often as you can.

Individuals interested in earning the most interest on their money should compare savings accounts online to find one with the lowest fees and the largest interest. Make sure the account is FDIC-insured. For the maximum earnings, check to see that the interest is compounded daily.

Check out the savings account offered by First National Bank of Omaha (FNBO). FNBO Direct’s Online Savings Account requires no minimum balance to earn interest and does not charge any monthly fees. Accounts can be opened with as little as $1. The current interest rate on all accounts with a balance of $1 to $100,000 is 1.39% or 1.40% APY.