Bank · FDIC insured
The Federal Savings Bank Savings Rates
Top CarrotThe Federal Savings Bank’s best savings rate is 2.50% APY on $10,000, with its Virtual Money Market. Rates checked October 16, 2026.
How The Federal Savings Bank’s savings rates compare
Compared with banks and credit unions near Chicago, IL-IN, where The Federal Savings Bank has the most branches. $10,000, best rate first.
This bank’s best
The Federal Savings Bank
2.50%APY
- Requires
- None
- Minimum
- $2,000
- Earns on $10,000 a year
- $250
Virtual Money Market
Top rate
Justice Federal Credit Union
4.00%APY
- Requires
- Monthly account activity
- Minimum
- $0
- Earns on $10,000 a year
- $400
2nd-highest rate
United Trust Bank
3.90%APY
- Requires
- None
- Minimum
- $10,000
- Earns on $10,000 a year
- $390
The Federal Savings Bank savings score
89
Savings score
Higher than 90% of U.S. banks and credit unions
- $1,000 balance$1,0000.25%
- $10,000 balance$10,0002.50%
- $100,000 balance$100,0002.50%
- QualifiedQualified2.50%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where The Federal Savings Bank ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Virtual Money Market
2.50%APY
Rate and APY are variable and may change after the account is opened. Fees may reduce earnings on the account.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $2,000 and upThe APY is based upon the interest rate and balance of $2,000.00.$2,000 and up | 2.50% | $250 | The APY is based upon the interest rate and balance of $2,000.00. |
Sources (1)
- thefederalsavingsbank.com/banking · captured Oct 6, 2026
Consumer Savings
0.25%APY
Rate and APY are variable and may change after the account is opened. Fees may reduce earnings on the account.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and upMinimum balance to obtain APY is $100.00. Minimum deposit to open is $25.00.$100 and up | 0.25% | $25 | Minimum balance to obtain APY is $100.00. Minimum deposit to open is $25.00. |
Sources (1)
- thefederalsavingsbank.com/banking · captured Sep 17, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.