Evergreen Bank Group

Last Updated: 7/1/2025

Note: Interest rates below are reported as APY, or Annual Percentage Yield

Quick Views

High-Yield Online Savings: 4.25% APY(Rank 23 out of 76 tracked HYSAs)

Minimum Deposit: $100 | Online Only

National Savings Interest Rate: 0.38% (as of 6/16/2025)

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

Current APY is 4.25%, unchanged from 30 days ago.
No maintenance fees for the High-Yield Online Savings account.
A+ BBB rating indicates trustworthiness.
High App Store rating of 4.6 and Google Play rating of 4.5.

Considerations

Only 3 branch locations in Illinois.
Not BBB Accredited, which may concern some customers.
Minimum deposit of $100 required to open the High-Yield Online Savings account.
Direct deposit is not required but may limit some users.

Summary: Evergreen Bank Group offers a competitive APY of 4.25% in its High-Yield Online Savings account, with no maintenance fees. The bank has a solid A+ BBB rating, though it is not BBB Accredited. With only three branches in Illinois, accessibility may be limited for some customers. Additionally, while the account requires a minimum deposit of $100, it does not mandate direct deposit, which may affect some potential account holders.

Savings Account

Savings Account Offered by Evergreen Bank Group

Feature	High-Yield Online Savings
APY	4.25% (as of 7/1/2025)
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.

Savings Product:

High-Yield Online Savings (APY: 4.25%)

Initial Deposit:

Recurring Deposit Amount:

Deposit Frequency:

Duration:

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	196
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 198 days.
Low (-6 m): Lowest APY in the last 198 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 7/1/2025)	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