Rising Bank Review 2025
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At a glance

Overview
Rising Bank is an online bank that is ideal for savers who are comfortable banking online and are interested in earning some of the highest rates tied to deposit products. However, note that a maximum of $550 per business day is all you’re able to withdraw from your Rising Bank checking or savings account. However, with no brick-and-mortar branches, this may not be the fit for you if you prefer to do your banking in person.
Highlights:
High APY Low FeesHighlights:
CDs
Checking
Savings
Offers featured here have been sponsored which impacts how, where, and in what order the products appear. Not all offers are displayed on this page.
These are sponsored offers rated highly by us for competitive rates, fees, and minimums.

APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Offers featured here have been sponsored which impacts how, where, and in what order the products appear. Not all offers are displayed on this page.
Overall
Rising Bank is a newer online division of Midwest BankCentre, a St. Louis-based community bank that brings more than a century’s worth of experience. Because it’s an online-only bank, you won’t find physical branches to visit, but you can withdraw money through Rising Bank’s network of MoneyPass ATMs scattered across the U.S. The bank offers competitive yields for its CDs, savings and checking accounts, but you’ll need to be comfortable doing your banking completely online.
Pros
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Rising Bank offers savers competitive rates to build earnings faster.
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There are no monthly fees for its bank products, saving customers money.
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The checking account earns interest if you meet the $1,000 minimum balance requirement.
Cons
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No money market account is available.
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An early closure fee applies for accounts closed within 120 days of opening.
Rising Bank banking products
Savings
Pros
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The account offers a competitive APY to boost earnings.
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There’s no monthly fee to cut into earnings.
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The account carries FDIC insurance for added protection.
Cons
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There is a higher balance requirement than other banks.
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A dormant activity fee applies if you neglect your account.
Rate history for Rising Bank's Savings account
See how rates for this account have changed over time. Interact with the trend lines to view APY by date.
CD
Pros
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Accounts are accessible nationwide.
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The minimum deposit for most CDs is relatively low.
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A Jumbo CD and three bump-up CDs are available.
Cons
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There are no tiered APYs offered on higher balances.
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The two-year jumbo CD only offers slightly more interest than the regular two-year CD.
Rate history for Rising Bank's CD accounts
See how rates for this account have changed over time. Select the CD term length from the dropdown and interact with the trend lines to view APY by date.
Checking
Pros
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The bank offers a competitive interest rate.
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There is free access to thousands of MoneyPass ATMs nationwide.
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No monthly service fee applies.
Cons
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It requires steeper minimum balances to earn interest than some other banks.
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Rising Bank doesn’t offer the convenience of Google Pay or Apple Pay.
How Rising Bank compares to other banks
Compare different account types offered by Rising Bank. Annual percentage yields (APYs) shown were updated between June 5, 2025 and June 11, 2025.
Selected bank
Rising Bank savings account
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Bankrate score
4.7
Bankrate Savings rating = 4.7/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score. |
Most comparable
CIBC Bank USA savings account
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Bankrate score
4.9
Bankrate Savings rating = 4.9/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score. |
Search for or select a bank:
BrioDirect savings account
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Bankrate score
Bankrate Savings rating Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score. |
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APY
APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. APYs last updated between June 5, 2025 and June 11, 2025.
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4.30% | 4.11% | 4.30% |
Minimum balance for APY
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$1,000.00 | $0.00 | $25.00 |
Estimated earnings
Interest earned calculation based on a $50,000 deposit amount for a period of 1 year and is rounded to the nearest dollar. Exact earnings are dependent on calendar year, balance, and compounding frequency. Minimum deposit rules may apply.
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$2,150 | $2,055 | $2,150 |
Bank fees
Fee | Charges |
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Overdraft fee | $25 |
Non-sufficient funds fee | $25 |
Monthly maintenance fee | None |
Out-of-network ATM fee | None |
Excessive transaction fee | None |
Dormant account fee | $5 per statement cycle after 12 months of no activity |
Customer experience
Highly-rated mobile app. Rising Bank offers several resources to help customers manage their money, including online calculators and a mobile banking app. The mobile app is highly rated on Google Play and the Apple App Store, although neither app has been reviewed by many people. App features include account alerts, branch and ATM search, and the ability to add notes and photos of receipts to transactions. Plus, it partners with Zelle, allowing you to transfer money to others.
Customer service. Customer service representatives are available by phone, though the available hours are not specified on the bank’s website. Account holders also have access to secure messaging via the website 24 hours a day, seven days a week so you can submit a request at any time.
ATM access. As an online bank, Rising Bank has no branches. To access cash, customers can transfer money to a linked external account or visit a MoneyPass ATM, the bank's ATM partner.
Review methodology
We assign a score to each type of account and its features, weigh them carefully based on importance to account holders and determine an overall score. Read our full review methodology.