EverBank vs. FNBO Direct
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | EverBankPerformance Savings Jan 21, 2026 | FNBO DirectHigh-Yield Online Savings Account Jan 21, 2026 |
|---|---|---|
| APY | 3.90% | 3.00% |
Est. Earnings | $5,000+$195 $10,000+$390 $25,000+$975 | $5,000+$150 $10,000+$300 $25,000+$750 |
Min Deposit | $0 | $1 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® Supported | FDIC InsuredLow 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 4.20% APY.
Comparison Analysis
Comparing EverBank vs. FNBO Direct
As of EverBank offers an APY of 3.90% for its Performance Savings account, with a minimum balance of $0, compared to FNBO Direct's 3.00% APY for its High-Yield Online Savings Account, with a minimum balance of $0.01.
EverBank pays $90 more than FNBO Direct on a $10,000 balance after one year. EverBank pays $390, while FNBO Direct pays $300 - an APY advantage for EverBank.
Why EverBank?
- ✓Higher potential APY (3.90% vs 3.00%) on all balances
- ✓Physical branch access (11 locations in Florida and California)
Why FNBO Direct?
No distinct advantages found vs EverBank.
— Key Feature Differences —
Better Returns at $10,000
EverBankEverBank's Performance Savings earns more on smaller deposits (approx. $390 vs $300/yr).
Better Returns at $25,000
EverBankEverBank's Performance Savings pulls ahead with larger amounts (approx. $975 vs $750/yr).
Best for Simplicity
EverBankEverBank's Performance Savings offers 3.90% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, EverBank's Performance Savings pays $90 more interest on a $10,000 balance than FNBO Direct's High-Yield Online Savings Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
EverBank offers a competitive Performance Savings account with an APY of 3.90%, providing better returns than FNBO Direct's High-Yield Online Savings Account, which has an APY of 3.00%. EverBank's account stands out for its simplicity, requiring no direct deposit or minimum balance, and is designed for online access. In contrast, FNBO Direct requires a minimum deposit of $1 and has a slightly lower APY. Both accounts have no maintenance fees and are FDIC insured, making them viable options for savers.
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
EverBank vs. FNBO Direct Savings Calculator
You earn $90 more with EverBank than FNBO Direct 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.
EverBank
Performance Savings
Savings Breakdown
- Interest Earned+$390.00(3.8%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,390.00
FNBO Direct
High-Yield Online Savings Account
Savings Breakdown
- Interest Earned+$300.00(2.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,300.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | EverBank | FNBO Direct |
|---|---|---|
| APY | 3.90% Verified: 1/21/2026 ↘︎ 0.15%90d Change | 3.00% Verified: 1/21/2026 Stable (90d) |
| Product Name | Performance Savings | High-Yield Online Savings Account |
| Minimum Deposit | $0 | $1 |
| Min. Balance for APY | $0 | $0.01 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.7 Android4.8 | iOS4.5 Android4.8 |
| Zelle® Support | Available Native integration verified. | Available Online division fully supports Zelle. |
| BBB Rating | A+ | A+ |
| Next Steps | Visit SiteVerify at EverBank Non-sponsored link to official site | Visit SiteVerify at FNBO Direct Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | EverBank | FNBO Direct |
|---|---|---|
| Performance Savings | High-Yield Online Savings Account | |
Current APY | 3.90% | 3.00% |
Trend | Stable | Stable |
Velocity (bps/mo) | -7.6 | -5.7 |
Days Since Change | 33 | 110 |
6-Month High | 4.30% | 3.25% |
6-Month Low | 3.90% | 3.00% |
Adjustments / Mo | 0.33 | 0.17 |
Volatility Score | 0.035 | 0.038 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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