A high-yield savings account, also known as a high-interest account, is a savings account that offers above-average interest rates on deposits. Typically, high-yield savings accounts pay significantly more than a standard or traditional savings account.

FNBO Direct is an online bank featuring online savings and money market accounts that make your money work hard for you.

With FNBO Direct, you receive many of the same features and benefits that savings accounts from brick-and-mortar banks offer, including:

• Strength & Stability - FNBO Direct is part of FNBO, a strong, independent, and family-owned bank that has been helping individuals reach their financial goals for more than 165 years. FNBO’s holding company - First National of Nebraska - has grown to 5,000 employees with locations in eight states and $30 billion in assets.
• Security - FNBO Direct is committed to strict standards of security to protect your personal information. To keep this commitment, we have the following safeguards in place to protect against security breaches in the online environment; just a few examples include:
  • User ID and Password: Our system is designed to limit online account access to those possessing the user ID and password associated with your account(s). We will not send any account information to your computer unless your unique user ID and password are entered correctly.
  • Data Encryption: We have encryption technology in place that allows for the protection of data in transit between your computer and ours. The closed lock icon indicates a communication session is encrypted.
  • Firewalls: Our computer systems include firewalls that we monitor and that are designed to protect against unauthorized access to our systems.
  • Timeout: Your secure session will automatically terminate if you do not conduct transactions for 10 minutes.
• Online Banking - Enjoy access to safe and secure online banking tools 24 hours a day, entirely for free. You can check account balances, transfer funds, view statements, pay bills and receive account activity alerts.
• Mobile Banking - Safely and securely access your FNBO Direct accounts anywhere for free with the mobile app. View and manage all your accounts any time and from anywhere knowing all account information is locked behind your user ID, password, four-digit passcode and Touch ID/Face ID. To get the app, search "FNBO Direct" in your phone's app store or click the buttons below.
• Digital Payments – Simplify the way you pay for things when you link your FNBO Direct debit or credit card to a digital payment option such as Apple Pay^TM, Visa SRC or Samsung Pay. By doing so, you can shop in-store, in-app or online from the convenience of your mobile device.
• Direct Deposit – Pay yourself first by putting recurring deposits such as payroll checks directly into your FNBO Direct account.
• Easy Transfers – Easily complete electronic transfers between your checking and savings accounts, as well as to and from external accounts, simplifying the process of moving money around and reaching your savings goals faster.

Opening an FNBO Direct account is easy. Simply fill out the online application. Note, all applicants must be U.S. residents and be at least 18 years of age.

A money market account is a savings account that typically offers higher interest rates than traditional savings accounts, providing a great way to earn more on your savings while retaining easy access to your funds. Enjoy peace of mind with FDIC insurance, ensuring your deposits are secured.

When choosing how to save your money, it's important to understand the differences between a traditional savings account and a money market account. A traditional savings account offers steady interest rates making it perfect for everyday savers. In contrast, a money market account typically provides higher interest rates for higher balances. Both account types allow for easy access to your funds and are FDIC insured, ensuring your money is safe and secure. Choose traditional savings for simplicity or a money market account for higher earnings.

Money market accounts are a cross between a savings and a checking account. These types of deposit accounts offer you higher interest rates like a savings account with the ease of use of a checking account. They work like a typical deposit account where you can make a deposit at any time and then earn interest on the money you save.  The interest rates on a money market are tiered so the more you deposit the more you earn.