Carver Bank vs. EverBank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Carver BankHigh Yield Savings Jan 7, 2026 | EverBankPerformance Savings Jan 7, 2026 |
|---|---|---|
| APY | 4.00% | 3.90% |
Est. Earnings | $5,000+$200 $10,000+$400 $25,000+$1,000 | $5,000+$195 $10,000+$390 $25,000+$975 |
Min Deposit | $5,000 | $0 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredMod. MinimumGreat iOS AppGreat Android AppZelle® Supported | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® Supported |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.21% APY.
Comparison Analysis
Comparing Carver Bank vs. EverBank
As of Carver Bank offers an APY of 4.00% for its High Yield Savings account, with a minimum balance of $5,000, compared to EverBank's 3.90% APY for its Performance Savings account, with a minimum balance of $0.
Carver Bank pays $10 more than EverBank on a $10,000 balance after one year. Carver Bank pays $400, while EverBank pays $390 - an APY advantage for Carver Bank.
Why Carver Bank?
No distinct advantages found vs EverBank.
Why EverBank?
- ✓Physical branch access (11 locations in Florida and California)
- ✓Higher rated Android app (4.8 vs 4.5)
Shared Benefits
Over a 1-year period, Carver Bank's High Yield Savings pays $10 more interest on a $10,000 balance than EverBank's Performance Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
Carver Bank offers a High Yield Savings account with a competitive APY of 4.00%, requiring a minimum deposit and balance of $5,000, but has no maintenance fees if the minimum balance is maintained. In contrast, EverBank's Performance Savings account provides a slightly lower APY of 3.90% with no minimum deposit or balance requirements, along with no maintenance fees. Both accounts are online-only and do not require direct deposit. Overall, Carver Bank is the winner based on its higher APY.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Carver Bank vs. EverBank Savings Calculator
You earn $10 more with Carver Bank than EverBank on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
Carver Bank
High Yield Savings
Savings Breakdown
- Interest Earned+$400.00(3.8%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,400.00
EverBank
Performance Savings
Savings Breakdown
- Interest Earned+$390.00(3.8%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,390.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Carver Bank | EverBank |
|---|---|---|
| APY | 4.00% Verified: 1/7/2026 Stable (90d) | 3.90% Verified: 1/7/2026 ↘︎ 0.15%90d Change |
| Product Name | High Yield Savings | Performance Savings |
| Minimum Deposit | $5,000 | $0 |
| Min. Balance for APY | $5,000 | $0 |
| Monthly Fee | $0, of minimum balance requirement met. Otherwise $6. | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.7 Android4.5 | iOS4.6 Android4.8 |
| Zelle® Support | Available Full native integration in digital banking. | Available Native integration verified. |
| BBB Rating | A+ | A+ |
| Next Steps | Visit SiteVerify at Carver Bank Non-sponsored link to official site | Visit SiteVerify at EverBank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Carver Bank | EverBank |
|---|---|---|
| High Yield Savings | Performance Savings | |
Current APY | 4.00% | 3.90% |
Trend | Stable | Stable |
Velocity (bps/mo) | -1.0 | -3.5 |
Days Since Change | 309 | 19 |
11-Month High | 4.25% | 4.30% |
11-Month Low | 4.00% | 3.90% |
Adjustments / Mo | 0.09 | 0.18 |
Volatility Score | 0.017 | 0.034 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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