Evergreen Bank Group
Last Updated: 6/20/2025
Note: Interest rates below are reported as APY, or Annual Percentage YieldQuick Views
High-Yield Online Savings: 4.25% APY(Rank 25 out of 74 tracked HYSAs)
Minimum Deposit: $100 | Online Only
National Savings Interest Rate: 0.42% (as of 5/19/2025)
Note: The FDIC tracks savings and CD rates nationally, but it does not report APY, only the average interest rate.
(Source: FDIC)Bank Overview
Location: Evergreen Park, Illinois
Founded: 2007
Access to Branches: 3 locations in Illinois
BBB Rating: A+ (Not BBB Accredited)
App Store Rating: 4.6/5
Google Play Rating: 4.5/5
Website: Visit Evergreen Bank Group
Our Take on Evergreen Bank Group
Highlights
- High-Yield Online Savings offers 4.25% APY with no maintenance fees.
- A+ BBB rating indicates strong trustworthiness.
- App Store rating of 4.6 suggests user satisfaction.
- Google Play rating of 4.5 reflects positive customer experiences.
Considerations
- No direct deposit requirement may limit some account access.
- Only 3 branch locations in Illinois may restrict in-person support.
- Not BBB Accredited could raise trust concerns for some.
- APY has not changed from 30 days ago.
Summary: Evergreen Bank Group offers a competitive 4.25% APY on its High-Yield Online Savings account with no maintenance fees and a solid A+ BBB rating. However, potential customers should note the lack of direct deposit requirements and limited branch locations in Illinois. While the bank has favorable app ratings, its non-accreditation with the BBB may be a concern for some savers. Overall, it provides a solid option for those seeking high yields.
Savings Account
Savings Account Offered by Evergreen Bank Group
| Feature | High-Yield Online Savings |
|---|---|
| APY | 4.25% (as of 6/20/2025) |
| APY Trend | Stable for the last month |
| Minimum Deposit | $100 |
| Minimum Balance for APY | $0 |
| FDIC-insured | Yes |
| Online Only | Yes |
| Bundled Account | No |
| Direct Deposit Required | No |
| Compound Frequency | Daily |
| Maintenance Fee | $0 |
| Eligibility | United States |
No deposit agreement summary available for this bank. | |
Calculate Savings for Evergreen Bank Group
All calculations are based on APY.
High-Yield Online Savings (APY: 4.25%)
Deposit Frequency:
Total savings breakdown:
- Interest earned: $4 (3.85%)
- Total contributions: $0 (0.00%)
- Initial deposit: $100 (96.15%)
Your total balance
$104.00
Effective APY: 4.25% (based on your deposit and contributions)
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Evergreen Bank Group Savings Rates Over Time
Historical APY Insights
| Metric | High-Yield Online Savings |
|---|---|
| Latest APY | 4.25 % |
| Trend | Sideways |
| Slope (bps/mo) | 0.0 |
| Rate Changes / Mo | 0.00 |
| Days Since Last Change | 185 |
| High (-6 m) | 4.25 % |
| Low (-6 m) | 4.25 % |
| Draw-down from High | 0.0 % |
| Volatility (CV) | 0.000 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 6 months (regression slope).
- Slope (bps/mo)
- Average monthly change; 10 bps = 0.10 pp.
- Rate Changes / Mo
- Typical number of APY moves per month.
- Days Since Last Change
- Recency of the latest APY adjustment.
- High (-6 m)
- Highest APY in the last 186 days.
- Low (-6 m)
- Lowest APY in the last 186 days.
- Draw-down from High
- How far today sits below the 6-month peak.
- Volatility (CV)
- Coefficient of variation = stdev ÷ mean.
Why Track Savings-Account APYs?
- See how quickly a bank reacts to Fed moves or competition.
- Gauge “twitchiness” - frequent moves can annoy savers.
- Spot if you're buying near a peak (draw-down) or riding a rise.
- Slope (bps/mo) shows speed of change.
- Volatility (CV) scales jumps by average level.
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| Feature | Evergreen Bank Group | Select a bank... |
|---|---|---|
| Product | High-Yield Online Savings | N/A |
| APY | 4.25% (as of 6/20/2025) | N/A |
| Bundled Account | No | N/A |
| FDIC-insured | Yes | N/A |
| Online Only | Yes | N/A |
| Compound Frequency | Daily | N/A |
| Minimum Deposit | $100 | N/A |
| Minimum Balance for APY | $0 | N/A |
| Maintenance Fee | $0 | N/A |
| Direct Deposit Required | No | N/A |