FNBO Direct continues to push for their high interest savings account which has current interest rate of 1.40% APY. This account does not have any minimum balance requirements and does not collect any monthly fees.

Interested consumers can open this best savings account by completing an application through the bank’s website. A minimum deposit of $1 is all this savings account is asking for.

The interest rates that we have here are accurate as of November 30 but they can be changed by the bank any time. Earnings are compounded and credited to your account on a monthly basis. The account will start earning as soon as the bank receives the initial funds but your deposit will be on a hold for any transfer or withdrawals for 10 business days.

Withdrawals are limited to six per month. The bank may collect fees for any excess transactions. Maximum withdrawal on a single day is capped at $100K.

FNBO Direct operates under the umbrella of First National Bank of Nebraska based in downtown Omaha. The mother company declares that it is currently managing $20 billion worth of assets. They have branches spread across 35 states.

If you have any inquiries about their products and services, you can call FNBO customer service through 877-370-3707. The First National Bank of Omaha is insured by the FDIC