First Foundation Online Savings
#10 in Savings Account · Rated 4.5
First Foundation Online Savings with competitive APY
First Foundation Online Savings is a modern digital savings account offered by a diversified financial group with a focus on convenience and strong customer service. The product features a competitive APY (accurate as of mid-December 2025), with no ongoing monthly fees and a relatively accessible minimum opening balance of $1,000. The account is FDIC insured through First Foundation Bank, and it is integrated into the broader First Foundation suite (wealth management, trust services, and advisory). The offering targets savers who want an online-first experience with straightforward terms and clear deposit protection, backed by a well-established regional bank with multiple branches and digital capabilities.
Features
- 4.00% APY (as of 12/16/2025)
- Minimum opening balance $1,000
- FDIC insured
- No monthly fees
Pros
- Strong APY for a regional bank
- No ongoing fees
- FDIC insured
Cons
- Higher opening requirement than some online-only banks
- Regional focus may limit cross-border availability