Rising Bank has a High-Yield Savings Account that has one of the highest APYs around. The top-tier APY is available as long as you deposit $1,000 or more. Balances under $1,000 will earn only 0.01 percent APY. If your balance won't meet that threshold, there are better accounts with no or low minimum balances available and comparable APYs. Balances under $1,000 in our Rising Bank High Yield Savings account earn just 0.01 percent APY.
Some banks have lower or no minimum balance requirements at comparable APYs.
Rising Bank does have a $500,000 account maximum.
Interest from the High Yield Savings Account doesn't compound.