EverBank vs. FVCbank
Compare rates, requirements, and features side-by-side to find the best option for you.
EverBank
Performance Savings
4.05%APYDec 6, 2025FDIC InsuredNo MinimumsShow Fine Print & Trends Hide Details
EverBank
Performance Savings
FVCbank
Advantage Direct Savings
3.85%APYDec 6, 2025FDIC InsuredLow MinimumsGreat iOS AppShow Fine Print & Trends Hide Details
FVCbank
Advantage Direct Savings
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.
Comparison Analysis
Comparing EverBank vs. FVCbank
Why EverBank?
- ✓Higher potential APY (4.05% vs 3.85%) on all balances
- ✓Physical branch access (11 locations in Florida and California)
Why FVCbank?
- ✓Higher rated iOS app (4.4 vs 2.3)
— Key Feature Differences —
Better Returns at $10,000
EverBankEverBank's Performance Savings earns more on smaller deposits (approx. $405 vs $385/yr).
Better Returns at $25,000
EverBankEverBank's Performance Savings pulls ahead with larger amounts (approx. $1013 vs $963/yr).
Best for Simplicity
EverBankEverBank's Performance Savings offers 4.05% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, EverBank's Performance Savings pays $20 more interest on a $10,000 balance than FVCbank's Advantage Direct Savings.
Executive Summary
EverBank offers a competitive Performance Savings account with an APY of 4.05%, making it the top choice compared to FVCbank's Advantage Direct Savings, which has an APY of 3.85%. EverBank's account stands out for its simplicity, requiring no direct deposit and having no minimum balance or maintenance fees, while also providing better returns on both smaller and larger deposits. In contrast, FVCbank's account requires a minimum deposit and balance of $500. Both banks operate online-only and are FDIC insured.
Analysis generated based on current Banksparency database records
* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.
Top Market Contenders
See who beats both EverBank and FVCbank.
| Feature | EverBank | FVCbank |
|---|---|---|
| APY | 4.05% Verified: 12/6/2025 ↘︎ 0.25%90d Change | 3.85% Verified: 12/6/2025 ↘︎ 0.50%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 | iOS2.3 Android1.4 | iOS4.4 Android3.6 |
| BBB Rating | A+ | B- |
| Next Steps |
Savings Comparison
EverBank earns $129 more than FVCbank.
EverBank
Performance Savings
Savings Breakdown
- Interest Earned+$2,467.00(12.1%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,467.00
FVCbank
Advantage Direct Savings
Savings Breakdown
- Interest Earned+$2,338.00(11.5%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,338.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | EverBank | FVCbank |
|---|---|---|
| Performance Savings | Advantage Direct Savings | |
Current APY | 4.05% | 3.85% |
Trend | Stable | Stable |
Velocity (bps/mo) | -3.7 | -8.3 |
Days Since Change | 78 | 35 |
9-Month High | 4.30% | 4.55% |
9-Month Low | 4.05% | 3.85% |
Adjustments / Mo | 0.11 | 0.92 |
Volatility Score | 0.028 | 0.056 |
How to read these metrics(Click to expand)
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