Everbank vs. Fvcbank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: October 21, 2025
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Summary of EverBank vs. FVCbank
Key Metrics at a Glance
| Feature | EverBank | FVCbank |
|---|---|---|
| Top Savings APY | 4.05% Performance Savings | 4.10% Advantage Direct Savings |
| Minimum to Open | $0 | $500 |
| Minimum Balance for Top APY | $0 | $500 |
EverBank
Strengths
- EverBank offers a higher APY at 4.05% compared to FVCbank's 4.10%.
- EverBank has no minimum deposit or balance requirements.
- EverBank has 11 branches in Florida and California.
Potential Drawbacks
- EverBank's App Store rating is low at 2.3.
- EverBank's Google Play rating is lower at 1.8.
- EverBank is not BBB Accredited.
FVCbank
Strengths
- FVCbank's App Store rating is higher at 4.4.
- FVCbank's Google Play rating is better at 3.6.
- FVCbank has a strong BBB rating of A+.
Potential Drawbacks
- FVCbank's APY decreased from 4.45% to 4.10%.
- FVCbank requires a minimum deposit and balance of $500.
- FVCbank has no physical branches.
→ As of October 21, 2025 EverBank offers an APY of 4.05% for its Performance Savings account, with a minimum balance of $0, compared to FVCbank's 4.10% APY for its Advantage Direct Savings account, with a minimum balance of $500.
→ FVCbank yields $5 more than EverBank on a $10,000 balance after one year. EverBank pays $405, while FVCbank pays $410 - an APY advantage for FVCbank.
Calculate Savings Growth for EverBank vs FVCbank
EverBank - Performance Savings
Total savings breakdown:
- Interest earned: $2,467 (12.05%)
- Total contributions: $13,000 (63.52%)
- Initial deposit: $5,000 (24.43%)
Your total balance
$20,467.00
Total balance: $20,467
Earnings: $2,467
Bank OverviewFVCbank - Advantage Direct Savings
Total savings breakdown:
- Interest earned: $2,499.4 (12.19%)
- Total contributions: $13,000 (63.42%)
- Initial deposit: $5,000 (24.39%)
Your total balance
$20,499.40
Total balance: $20,499.4
Earnings: $2,499.4
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, EverBank's total earnings would be $32.4 lower than FVCbank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare EverBank's vs FVCbank's Savings Accounts
| EverBank | FVCbank | ||
|---|---|---|---|
| Product | Performance Savings | vs | Advantage Direct Savings |
| APY | 4.05% (as of 10/21/2025) | 4.10% (as of 10/21/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | N/A | |
| Minimum Deposit | $0 | $500 | |
| Minimum Balance for APY | $0 | $500 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| App Store Rating | 2.3/5 | 4.4/5 | |
| Google Play Rating | 1.8/5 | 3.6/5 | |
| BBB Rating | A+ | A+ |
Comparative Historical APY Insights (Last 7 Months)
| EverBank | FVCbank | ||
|---|---|---|---|
| Product | Performance Savings | vs | Advantage Direct Savings |
| Latest APY | 4.05 % | 4.10 % | |
| Trend | Sideways | Falling | |
| Slope (bps/mo) | -2.6 | -5.6 | |
| Rate Changes / Mo | 0.14 | 0.97 | |
| Days Since Last Change | 32 | 27 | |
| High (-7 m) | 4.30 % | 4.55 % | |
| Low (-7 m) | 4.05 % | 4.10 % | |
| Draw-down from High | -5.8 % | -9.9 % | |
| Volatility (CV) | 0.021 | 0.030 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 7 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 (-7 m)
- Highest APY in the last 217 days.
- Low (-7 m)
- Lowest APY in the last 217 days.
- Draw-down from High
- How far today sits below the 7-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.