Available nationwide, First Foundation Bank Online Savings is offering a staggering 1.00% APY Rate. Continue reading below to learn everything you need to know about First Foundation.
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About First Foundation Bank Online Savings
The path that First Foundation has taken to provide banking, trust services, financial planning, investment management, estate, and legacy planning, foundation support, and insurance services to their clients, all under one roof and all under the fiduciary standard of care, is a path not often traveled.
Being an online account, they can offer one of the highest rates! The account gives you access to online banking, eStatements, mobile banking, text alerts, and so much more.
I’ll review the First Foundation Bank Online Savings below.
Note: Interested in Bank Bonuses? See our favorite banks including HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, or CIT Bank.
First Foundation Bank Online Savings
- Account Type: Online Savings
- Interest Rate: 1.00% APY
- Minimum Balance: $1,000
- Maximum Balance: None
- Availability: Nationwide (Branch Locator)
- Credit Inquiry: Soft Pull or Hard Pull
- Opening Deposit: $1,000 minimum
- Credit Card Funding: Unknown. Let us know.
- Monthly Fee: None listed
- Early Termination Fee: None listed, check with CSR
(FDIC Insured)
American Express® High Yield Savings Account - You earn a competitive interest rate along with no minimum deposits or monthly fees. Amex High Yield Savings account has been my favorite Hub account for the past 7 years. Using this account to Pull/Push your money is absolutely necessary when you have many accounts. Here's why: *No dollar limitations for ACH transfers - When you find a top bank rate account, you don't want to be limited to just $5K or $10K transfers. Amex Savings will let you transfers as much as you want whether you are pulling or pushing money from and to an external bank account. *1 to 2 business days ACH transfers speed - With top-notch user interface, you get your money to another external account or pull money from another bank account within a day or two. *No loss of interest during transfers - On the day you initiate your transaction on the high yield savings account website, the funds will be reflected in your Current Balance and begin earning interest. Some other features from American Express High Yield Savings Account include Free Wire Transfers, 3 maximum linked accounts, and maximum 6 ACH withdrawals per month. |
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Savings account offers are frequently updated. Find the best nationwide Savings/Money Market rates here, and the best Savings account bonuses here. The Axos Bank and CIT Bank accounts offer great rates available nationwide which I recommend. |
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| PROMOTIONAL LINK | OFFER | REVIEW |
| Discover Bank Online Savings | $200 Bonus + 0.60% APY | Review |
| Aspiration | $150 Bonus + 1.00% APY | Review |
| Axos Business Savings | $200 Bonus + 0.20% APY | Review |
| Quontic Bank High Yield Savings | 0.75% APY | Review |
| Axos Bank High Yield Savings | Up to 0.61% APY | Review |
| CIT Bank Money Market | 0.70% APY + Amazon Prime Offer | Review |
| American Express High Yield Savings | 0.60% APY as of 4/28/22 | Review |
First Foundation ACH Capabilities & Limits
| ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
| Push | ? | ? | ? | None |
| Pull | ? | ? | ? | None |
Editor’s Note: Help us with the table above in the comment section if you have experience with First Foundation’s ACH capabilities.
How to Earn First Foundation Rate
- Open an Online Savings account from the First Foundation with an opening deposit of $1,000.
- Maintain any balance amount and earn the 1.00% APY rate.
| Balance Requirement | APY Rate |
| $0.00 – $5,000,000.00 | 1.00% APY |
| $5,000,000.01+ | 0.35% APY |
Why You Should Sign Up For This Account
- Track your account activity
- Pay bills online
- Send money to friends and family
- Bank with complete confidence
Bottom Line
Check out First Foundation and open an Online Savings account this amazing rate! The fact that you can earn a high rate on any balance makes this Savings Account all worthwhile. Let us know about your experience with this bank and comment below.
For more bank offers, see the complete list of Best Bank Rates!
Check back often to see the latest info on First Foundation Bank Online Savings Account.
Today, they lowered APY to 0.60%.
Today’s APY is 0.75%.
They changed APY again to 1.20%.
They lower APY to 1.45% today.
They lowered the APY again.
As a result, on May 21 the Annual Percentage Yield (APY) on our Online Savings account is changing to 1.60%. You’re still earning more than with these other popular online savings options:
Your new rate: 1.60% APY
Marcus: 1.30% APY
Barclays: 1.30% APY
Capital One: 1.30% APY
Ally Bank: 1.25% APY
I received this this morning:
FFB_logo
The Annual Percentage Yield (APY) on your Online Savings account is changing from 2.00% APY to 1.75% APY effective March 24, 2020.
Despite this change, your account still stacks up very strongly against other popular online savings options:
Your new rate: 1.75% APY
Marcus: 1.70% APY
Capital One: 1.50% APY
Ally Bank: 1.50% APY
Synchrony Bank: 1.50% APY
We are committed to continuing to offer a highly competitive rate to help our clients grow their savings. Thank you for allowing us to serve you.
Savings rates from DepositAccounts as of 3/23/20
Member FDIC