Evergreen Bank Group: Savings Accounts & Rates

Savings rates updated: 7/1/2025

Mission statement: Banksparency aims to make Evergreen Bank Group's savings accounts transparent and comparable to those of other banks. Learn more about Banksparency.

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

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Savings Overview

High-Yield Online Savings: 4.25% APY

(This savings account ended for new savers on July 2, 2025.)

Minimum Deposit: $100 | Online Only

National Savings Interest Rate: 0.38% (as of 7/21/2025)

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

Deposit Insurance: FDIC Cert # 35230

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

4.25% APY is competitive for online savings accounts.
No maintenance fees associated with the account.
A+ BBB rating indicates strong trustworthiness.
High App Store rating of 4.6.

Considerations

Account is inactive; last available on July 2, 2025.
Minimum deposit requirement of $100.
Only 3 branch locations in Illinois.
Not BBB Accredited despite high rating.

Summary: Evergreen Bank Group offers a competitive 4.25% APY on its High-Yield Online Savings account, which unfortunately is no longer available for new savers as of July 2, 2025. The account has no maintenance fees and boasts a strong A+ BBB rating, although it lacks accreditation. With only three branches in Illinois, it primarily serves online customers, and its app ratings are quite favorable at 4.6 and 4.5 on App Store and Google Play, respectively.

Savings Account: In-Depth View

Savings Account Offered by Evergreen Bank Group

Feature	High-Yield Online Savings (Inactive)
APY	4.25% (as of 7/1/2025)
APY Trend	Stable for the last quarter
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
Note	This savings account ended for new savers on July 2, 2025.
Sponsored Link
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%) (Inactive)

Initial Deposit:

Recurring Deposit Amount:

Deposit Frequency:

Duration:

Total savings breakdown:

Interest earned: $1,671.4 (10.67%)
Total contributions: $13,000 (82.95%)
Initial deposit: $1,000 (6.38%)

Your total balance

$15,671.40

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	242
High (-8 m)	4.25 %
Low (-8 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 8 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 (-8 m): Highest APY in the last 244 days.
Low (-8 m): Lowest APY in the last 244 days.
Draw-down from High: How far today sits below the 8-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 (Inactive)	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
Note	This savings account ended for new savers on July 2, 2025.	N/A