EverBank vs. FVCbank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | EverBankPerformance Savings Jan 21, 2026 | FVCbankAdvantage Direct Savings Jan 21, 2026 |
|---|---|---|
| APY | 3.90% | 3.85% |
Est. Earnings | $5,000+$195 $10,000+$390 $25,000+$975 | $5,000+$193 $10,000+$385 $25,000+$963 |
Min Deposit | $0 | $500 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® Supported | FDIC InsuredLow MinimumsGreat iOS 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.
As of EverBank offers an APY of 3.90% for its Performance Savings account, with a minimum balance of $0, compared to FVCbank's 3.85% APY for its Advantage Direct Savings account, with a minimum balance of $500.
EverBank pays $5 more than FVCbank on a $10,000 balance after one year. EverBank pays $390, while FVCbank pays $385 - an APY advantage for EverBank.
Why EverBank?
- ✓Physical branch access (11 locations in Florida and California)
- ✓Higher rated Android app (4.8 vs 3.6)
Why FVCbank?
No distinct advantages found vs EverBank.
— Key Feature Differences —
Best Mobile App Experience
EverBankEverBank offers an iOS app rated 4.7 (vs. 4.4) and Android app rated 4.8 (vs. 3.6)
Shared Benefits
Over a 1-year period, EverBank's Performance Savings pays $5 more interest on a $10,000 balance than FVCbank's Advantage Direct Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
EverBank offers a Performance Savings account with a competitive APY of 3.90%, making it the highest-yielding option between the two banks. This account requires no minimum deposit or balance and has no maintenance fees, and it is available online only. In comparison, FVCbank's Advantage Direct Savings account provides a slightly lower APY of 3.85%, also with no direct deposit requirement, but requires a minimum deposit and balance of $500. Both banks are FDIC insured, but EverBank stands out for its superior mobile app experience, rated 4.7 for iOS and 4.8 for Android.
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
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EverBank vs. FVCbank Savings Calculator
You earn $5 more with EverBank than FVCbank 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
FVCbank
Advantage Direct Savings
Savings Breakdown
- Interest Earned+$385.00(3.7%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,385.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | EverBank | FVCbank |
|---|---|---|
| APY | 3.90% Verified: 1/21/2026 ↘︎ 0.15%90d Change | 3.85% Verified: 1/21/2026 ↘︎ 0.25%90d Change |
| Product Name | Performance Savings | Advantage Direct Savings |
| Minimum Deposit | $0 | $500 |
| Min. Balance for APY | $0 | $500 |
| 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 | iOS4.4 Android3.6 |
| Zelle® Support | Available Native integration verified. | Available Integrated into mobile app. |
| BBB Rating | A+ | B- |
| Next Steps | Visit SiteVerify at EverBank Non-sponsored link to official site | Visit SiteVerify at FVCbank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | EverBank | FVCbank |
|---|---|---|
| Performance Savings | Advantage Direct Savings | |
Current APY | 3.90% | 3.85% |
Trend | Stable | Stable |
Velocity (bps/mo) | -4.5 | -8.4 |
Days Since Change | 33 | 81 |
10-Month High | 4.30% | 4.55% |
10-Month Low | 3.90% | 3.85% |
Adjustments / Mo | 0.19 | 0.78 |
Volatility Score | 0.037 | 0.064 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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