Evergreen Bank Group

Last Updated: 6/20/2025

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

Quick 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

FeatureHigh-Yield Online Savings
APY
4.25% (as of 6/20/2025)
APY TrendStable for the last month
Minimum Deposit$100
Minimum Balance for APY$0
FDIC-insured
Yes
Online OnlyYes
Bundled Account
No
Direct Deposit Required
No
Compound Frequency
Daily
Maintenance Fee$0
EligibilityUnited 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

MetricHigh-Yield Online Savings
Latest APY4.25 %
TrendSideways
Slope (bps/mo)0.0
Rate Changes / Mo0.00
Days Since Last Change185
High (-6 m)4.25 %
Low (-6 m)4.25 %
Draw-down from High0.0 %
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.

Compare Evergreen Bank Group's Savings Account

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FeatureEvergreen Bank GroupSelect a bank...
ProductHigh-Yield Online SavingsN/A
APY
4.25% (as of 6/20/2025)N/A
Bundled Account
NoN/A
FDIC-insured
YesN/A
Online OnlyYesN/A
Compound Frequency
DailyN/A
Minimum Deposit$100N/A
Minimum Balance for APY$0N/A
Maintenance Fee$0N/A
Direct Deposit Required
NoN/A