Available nationwide (excluding Alaska and Hawaii), Primis Bank is offering 4.35% APY when you open their Savings Account.
Update 2/21/25: The rate has decreased to 4.35% APY from 4.70%.
About Primis Bank Savings
Primis is headquartered in Tappahannock and is the 10th largest bank in the state of Virginia. It is also the 360th largest bank in the nation. It was established in 2005 and as of June of 2022, it had grown to 480 employees at 38 locations. Primis’ savings rates are 8X the national average, and it has a B+ health rating.
I’ll review the Primis Bank Savings below.
Primis Bank Savings Rate
To easily earn Primis Bank’s competitive rate, start by opening a Savings account.
- Eligible account: Savings
- Credit inquiry: Soft Pull or Hard Pull?
- Where it’s available: Nationwide
- Opening Deposit: $1
- Monthly fee: None
- Early Termination Fee: Not listed
(FDIC Insured)
How to Earn Rate
- Open a new account with a minimum opening deposit of $1.
- Fill out your personal information – Provide your name, address, phone, email and social security number or Tax ID.
- Fund the account/transfer funds – Transfer funds electronically from an internal account here or an external account at another bank.
- Earn 4.35% APY on your deposits.
| Balance Requirement | APY Rate |
| $1+ | 4.35% APY |
Account Features
- Only $1 needed to open
- No service fees
- No transaction limits
- Free incoming wires
- A straight-forward interest rate
 |
 |
Conclusion
If you’re looking to open an interest bearing account, Primis Bank offers a competitive rate.
In addition to the rate, check out our list of best rates Savings, Money Market, and CD accounts.
If you are interested in expanding your financial future, definitely use our bank bonuses page to find other offers.
Some popular bank offers include U.S. Bank, Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
Let us know about your experience with this bank and comment below.
